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)。 ,L>
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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: |,C#:"z;
(Expressed in RMB thousands) lEjwgk {
FINANCLAL STATEMENTS ITEMS F'RUel_%
20×8 k"UO c=
20×7 )(M7lq.e7
sy* y\5yJ
Sales *Nb#W!
64000 gk0.zz([
48000 $rB3m~c|
Ka!I`Yf
Cost of sales JAc_kl{4O
54000 ~EiH-z4U
42000 [IZM.r`Z
k`KGB
Net profit }ET,ysa
30 Y,S\2or$
-20 {lG@hN'
b&)5:&MI
M)-6T{[IT
December 31, 20×8 . RVVWqW
December 31, 20×7 SuBeNA[&
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Inventory q6#<[ 4?
16000 ;Y9=!.Ak0y
12000 Pn.bVV:
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Current assets 'fV%Z
60000 +\
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50000 }Rvm &?~O
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Total assets |`k
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100000 @r^!{
90000 |iYg >
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Current liabilities Pf_F59"
20000 B0}~G(t(
18000 .\Fss(Zn
g:ErZ;[
Total liabilities ?WI3/>:<
30000 `NRH9l>B7
25000 G#`\(NW
qZk'tRv
[onqNp
During the audit, John has the following findings: 3k$[r$+"
(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: P\m7 -
Dr. Cash in Bank RMB 5820000 eitu!=u
Dr. Financial Expenses RMB 180000 >QE{O.Z
Cr. Notes Receivable RMB 6000000 Lm*VN~2
(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: *O$CaAr\s
Dr. Non-operating Expenses RMB 3000000 gT+Bhr
Cr. Provisions RMB 3000000 K<sC F[
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 /c#`5L[
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: t G.(flW,
Dr. Provisions RMB 3000000 u^W2UE\
Cr. Cash in Bank RMB 2500000 \YJy#2
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Cr. Non-operating Income RMB 500000 `iKj
Required: zoDZZ%{
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. #G]! %
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: R0Ue0pF7
(a)Inventory Turnover Rate in 20×8; mABe'"8
(b)Gross Profit Ratio in 20×8; 7^TV~E#
(c)After Tax Return on Total Assets in 20×8; and 5`[n8mU
(d)Current Ratio as at December 31, 20×8 Zi$ziDz&
(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. N^0uit
【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。 we7c`1E
以下是未经审计财务报表的部分信息: zdun,`6
(单位:千元) &NZfJs
项目 20×8 20×7 H jNxqaljt
营业收入 64 000 48 000 B6P|Z%E;D6
营业成本 54 000 42 000 /
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净利润 30 -20 Bvjl-$m!v
xG&SX#[2
20×8年12月31日 20×7年12月31日 uYG^Pc^v
存货 16 000 12 000 h
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流动资产 60 000 50 000 neF]=uCWnT
总资产 100 000 90 000 [`=LTBt
流动负债 20 000 18 000 q~K(]Ya/
总负债 30 000 25 000 NF$\^WvYSP
在审计过程中,约翰发现以下事项: I3S9Us-\
(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: 1t[j"CG(o
借:银行存款5 820 000 AN:@fZ
财务费用 180 000 )QiQn=Ce
贷:应收票据6 000 000 l7[7_iB&E
(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: 7cg*|E@
借:营业外支出 3 000 000 4JIYbb-a'
贷:预计负债 3 000 000 hv$yV%.`
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: N)8HR9[!
借:预计负债 3 000 000 $K~LM8_CKy
贷:银行存款 2 500 000 AF,BwLN
营业外收入 500 000 'rP]Nw
要求: r} _c
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 &B
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(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: F9q8SA#"
(a)20×8年存货周转率 ~vdkFc(8B
(b)20×8年销售毛利率 w2(guL($
(c)20×8年总资产净利率 :7N3N
(d)20×8年12月31日的流动比率 9~IQw#<
(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) cF T 9Lnz
【答案】 c>bq%}
(1)应选择营业收入作为计算重要性水平的基础。 Eu<1Bse;
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 i=FQG
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 xom<P+M!|
销售毛利率=(64000-54000)/64000×100%=15.63% !7B\Xl'S
总资产净利率=30/[(100000+90000)/2]=0.03% 3#kitmV
流动比率=60000/20000=3 _cDF{E+;
(3) :B*}^g
a.应建议做如下审计调整分录: M<?Q4a'Q
借:应收票据 6 000 000 CENVp"C/`
贷:短期借款 5 820 000 v]:=K-1n
财务费用 180 000 =/Aj
b.应建议做如下审计调整分录: XV>JD/K2
借:预计负债 3 000 000 JHn*->m
贷:营业外支出 500 000 5 +9Ze9
其他应付款 2 500 000 |w}w.%