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)。 ={[9kR i
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: @aY>pr5!
(Expressed in RMB thousands) tLSM]Q
FINANCLAL STATEMENTS ITEMS VbfTdRD-
20×8 7;r Jr&.)
20×7 JS2
h/Y$
=" ;G&)H-
Sales d8ck].m=
64000 WlW7b.2.
48000 BBDt^$
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Cost of sales Gph:'3
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54000 `/RcE.5n\@
42000 &3CC |
Wi<g
Net profit :J;&Z{
30 HA`qU
-20 G/4~_\YMq
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UiQF4Uc"
December 31, 20×8 :878q TB
December 31, 20×7 05s{Z.aK
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Inventory hp3
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16000 Aq;WQyZ2
12000 vR*p1Kq:
" 3tk"#.#
Current assets =g{Hs1W
60000 `"h[Xb#A`b
50000 nh*hw[Ord
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Total assets 'bn$"A"{o
100000 hQ\W~3S55
90000 H$rNT/C
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Current liabilities h[>Puoz
20000 ZVni'ym
18000 @&9 ,0x
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Total liabilities oef]
30000 S1U>Q~ZPA
25000
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=`E{QCW
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During the audit, John has the following findings: WPDi)UX
(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: &F~97F)A)
Dr. Cash in Bank RMB 5820000 w)Z-, J
Dr. Financial Expenses RMB 180000 cI (}
Cr. Notes Receivable RMB 6000000 UH`cWV Lpr
(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: a_
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Dr. Non-operating Expenses RMB 3000000 ^*'fDP*
Cr. Provisions RMB 3000000 FO{?Z%& ;
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 "U|u-ka8B
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: ukc<yc].+?
Dr. Provisions RMB 3000000 wo5fGQJ
Cr. Cash in Bank RMB 2500000 BPd *
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Cr. Non-operating Income RMB 500000 L "5;<
Required: tJII-\3"
(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.
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(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: ]PQ6 em
(a)Inventory Turnover Rate in 20×8; C`["4
(b)Gross Profit Ratio in 20×8; @ n^2UJ
(c)After Tax Return on Total Assets in 20×8; and :vJ1Fo!
(d)Current Ratio as at December 31, 20×8 o?/fObV@(
(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. bkS-[rW
【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。 tqXCj}m
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以下是未经审计财务报表的部分信息: V6kJoSyde
(单位:千元) S7(tGD
项目 20×8 20×7 :&J1#% t
营业收入 64 000 48 000 irF+(&q]jh
营业成本 54 000 42 000 JYrOE"!h
净利润 30 -20 cv"Bhql
|* B9{/;4
20×8年12月31日 20×7年12月31日 ImsyyeY]
存货 16 000 12 000 @ +yjt'B
流动资产 60 000 50 000 J[al4e^
总资产 100 000 90 000 h~5gHx/a
流动负债 20 000 18 000 85vyt/.,k
总负债 30 000 25 000 :aR_f`KMm
在审计过程中,约翰发现以下事项: Np@
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(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: qo7jrY5G
借:银行存款5 820 000 Q.g44>
财务费用 180 000 YQ`88z
贷:应收票据6 000 000 i|!W;2KL5
(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: KZ 4G"
借:营业外支出 3 000 000 o#hF
K'&~
贷:预计负债 3 000 000 51 "v`O+
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: m[<z/D
借:预计负债 3 000 000 U*\1d
贷:银行存款 2 500 000 bKQ_{cR
营业外收入 500 000 ZVDi;
要求: Ww
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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。 #{5h6IC
(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: ;^ff35EE8
(a)20×8年存货周转率 rO]2we/B,4
(b)20×8年销售毛利率 #&snl
(c)20×8年总资产净利率 y*T@_on5
(d)20×8年12月31日的流动比率 nZ4@g@e2
(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) KqvM5$3
【答案】 ^%NjdZu DO
(1)应选择营业收入作为计算重要性水平的基础。 ZM_-g4[H
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 A'suZpL
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 \L"0Pmt[
销售毛利率=(64000-54000)/64000×100%=15.63% ne# %Gr
总资产净利率=30/[(100000+90000)/2]=0.03% ?i$MinK
流动比率=60000/20000=3 Sr+ &
(3) 2#@-t{\3-p
a.应建议做如下审计调整分录: G\|P3j
借:应收票据 6 000 000 22R
,
贷:短期借款 5 820 000 wDKA1i%G
财务费用 180 000 $d
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b.应建议做如下审计调整分录: I@ D<rjR
借:预计负债 3 000 000 D<lV WP
贷:营业外支出 500 000 &/$
3>MD2`
其他应付款 2 500 000 O
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