六、英文附加题(本题型共1题,共10分。有小数点的,保留两位小数。小数点两位后四舍五入。用英文在答题卷上解答,答在试题卷上无效)。 VN3"$@-POK
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: z"7I5N
(Expressed in RMB thousands) d_t>
FINANCLAL STATEMENTS ITEMS 8+}yf.`
20×8 %63zQFk
20×7 V2Iqk]V%y
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Sales =*paa
64000 d7,ZpHt
48000 U`)\|\NY
qD
SZ:36
Cost of sales VkFvV><"
54000 kSL7WQe?j
42000 *?? !~RE
o )\\(^ld
Net profit Bh`Y?S
30 6_UCRo5h%
-20 ojmF:hR"
]|H`?L
g=ehAg
December 31, 20×8 o7:~C]
December 31, 20×7 ]81t~t9LQ
N@qP}/}8
Inventory qu8!fFQjYL
16000 E&;[E
12000 f$7Xh~
""~b1kEt
Current assets ,Yp+&&p.
60000 o*]Tqx
50000 qGlbO
L3N?^^]
Total assets B|\JGnNQ
100000 _cRCG1CJ
90000 \C{Dui)F
mB\)Q J.%
Current liabilities A
{Kc"s4fO
20000 Q>ZxJ!B<k
18000 kv!QO^;^Y
FRBW(vKE
Total liabilities {th=MldJ?
30000 (7X|W<xT
25000 l+ ,p=
v[7iWBqJ
l1 M
%
During the audit, John has the following findings: |]M|IX8
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(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: Yg<L pjq5X
Dr. Cash in Bank RMB 5820000 CI#6r8u
Dr. Financial Expenses RMB 180000 Tm
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Cr. Notes Receivable RMB 6000000 Mzg
zOM
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: m}-*B1
Dr. Non-operating Expenses RMB 3000000 9 HiH6f^5
Cr. Provisions RMB 3000000 $q$G
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 =~D QX\
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 0I v(ioB=
Dr. Provisions RMB 3000000 a<NZC
Cr. Cash in Bank RMB 2500000 ia9=&Hy])
Cr. Non-operating Income RMB 500000 H1t`fyri2
Required: cko^_V&x
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. +nIjW;RU
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: %#jW
(a)Inventory Turnover Rate in 20×8; ]Pp}=hcD
(b)Gross Profit Ratio in 20×8; {`ghX%M(l
(c)After Tax Return on Total Assets in 20×8; and Xf YbWR
(d)Current Ratio as at December 31, 20×8 "y9]>9:$-
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. Vsj1!}X:
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 ?~:4O}5Ax
以下是未经审计财务报表的部分信息: _'*Vcu`Y
(单位:千元) FUO 9jX
项目 20×8 20×7 !,cLc}a
营业收入 64 000 48 000 ?Tlt(%f
营业成本 54 000 42 000 hNRN`\5Z
净利润 30 -20 J+(B]8aj
mx!EuF$I
20×8年12月31日 20×7年12月31日 TOb(
存货 16 000 12 000 Ql1J?9W
流动资产 60 000 50 000 `DFo:w!k
总资产 100 000 90 000 +:_;K_h
流动负债 20 000 18 000 jhJ'fI
总负债 30 000 25 000 %TeH#%[g>\
在审计过程中,约翰发现以下事项: b|DiU}
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: U^;|as
借:银行存款5 820 000 hh[@q*C
财务费用 180 000 yno X=#`
贷:应收票据6 000 000 |V&E q>G
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: P!yOA_)as
借:营业外支出 3 000 000 r
[E4/?_
贷:预计负债 3 000 000 cakwGs_{
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Qx_]oz]NY
借:预计负债 3 000 000 96d&vm~m1
贷:银行存款 2 500 000 edL sn>\*#
营业外收入 500 000 Ve ipM
要求: 98rO]
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(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 rU
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(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: <'N~|B/yZ
(a)20×8年存货周转率 0O!A8FA0
(b)20×8年销售毛利率 [$D%]]/,
(c)20×8年总资产净利率 rNoCmNm
(d)20×8年12月31日的流动比率 mo D)^':.
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) dAr=X4LE
【答案】 %D49A-R
(1)应选择营业收入作为计算重要性水平的基础。 ELZ@0,
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Ms=N+e$n
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 4d8}g25C
销售毛利率=(64000-54000)/64000×100%=15.63% %w;wQ_
总资产净利率=30/[(100000+90000)/2]=0.03% w
y&yK*w
流动比率=60000/20000=3 Rr0]~2R
(3) fP/;t61Z
a.应建议做如下审计调整分录: jpkKdQX)
借:应收票据 6 000 000 hiEosI
C
贷:短期借款 5 820 000 "#.L\p{Zy
财务费用 180 000 c{3P|O&.
b.应建议做如下审计调整分录: 8K9RA<
借:预计负债 3 000 000 qV)hCc/ ~
贷:营业外支出 500 000 tI<6TE'!p#
其他应付款 2 500 000 :0kKw=p1R