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)。 >qOG^{&x
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: 2"?D aX
(Expressed in RMB thousands) ,mHUo4h1O
FINANCLAL STATEMENTS ITEMS f,E7eL@
20×8 EnlAgL']|
20×7 Ex
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Sales lq "X_M$
64000 Ky"FL
48000 =f
y|Dm74
$A9Pi"/*z
Cost of sales P{UV3ZA%
54000 /+JnEFf
42000 /{`"X_.o
te2vv]W1
Net profit "FA.T7G
30 ~WTk X(\
-20 2/r8
%Sq
]"HaE-`%
,lA@C2c
December 31, 20×8 ObEz 0Rj
December 31, 20×7 *l{epum;
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Inventory iLZY6?_^
16000 pXl[I;
12000 6];3h>c]N
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Current assets yD7}
60000 L55UeP\
50000 H}5WglV.
|&JeJ0k>~
Total assets ciN\SA ZY
100000 96<oX:#
90000 Ve|:k5z
o zn&>k
Current liabilities ceE]^X;p
20000 U< Xdhgo?
18000 CA0XcLiFt
s+lBai*#
Total liabilities ]/1\.<uJId
30000 =n"k gn
25000 \ m~?yq8H
[z2UfHpt~
|K Rt$t
During the audit, John has the following findings: /m"/#; ^l
(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: N
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Dr. Cash in Bank RMB 5820000 F!EiF&[\J
Dr. Financial Expenses RMB 180000 zq{UkoME
Cr. Notes Receivable RMB 6000000 RSym9t90t
(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: 4($"4>BA
Dr. Non-operating Expenses RMB 3000000 N7J?S~x
Cr. Provisions RMB 3000000 i^%$ydg
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 zVw5 (Tc
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: {IV%_y?
Dr. Provisions RMB 3000000 g) oOravV
Cr. Cash in Bank RMB 2500000 tj@
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Cr. Non-operating Income RMB 500000 \6SjJ]o>
Required: Yw3'9m^
(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. X%5eZ"1{x
(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:
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(a)Inventory Turnover Rate in 20×8; WqNXE)'
(b)Gross Profit Ratio in 20×8;
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(c)After Tax Return on Total Assets in 20×8; and ~\CS%thX
(d)Current Ratio as at December 31, 20×8 "g^i%
(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. 6I@j$edZ
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 7amVnR1f
以下是未经审计财务报表的部分信息: Y)X7*iTi'j
(单位:千元) ~/`/r%1/J
项目 20×8 20×7 Z{0BH{23
营业收入 64 000 48 000 Z*co\ pW
营业成本 54 000 42 000 6^]|
净利润 30 -20 NA
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20×8年12月31日 20×7年12月31日 B]"`}jn
存货 16 000 12 000 l}z<q
流动资产 60 000 50 000 dyWp'vCQs\
总资产 100 000 90 000 c,2& -T}
流动负债 20 000 18 000 RtM
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总负债 30 000 25 000 YK3>M"58
在审计过程中,约翰发现以下事项: ?ZRF]\dP]
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ~U&NY7.@
借:银行存款5 820 000 eTS}-
财务费用 180 000 MJ)lZ!KZ
贷:应收票据6 000 000 F$?Ab\#B
(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: TBBnsj6e
借:营业外支出 3 000 000 yv[j
Pbe
贷:预计负债 3 000 000 !
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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: 0
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借:预计负债 3 000 000 }
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贷:银行存款 2 500 000 :jl*
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营业外收入 500 000 /YvXyi>^"%
要求: NZq-%bE
(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。 s7 "xDDV
(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: yXR1N
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(a)20×8年存货周转率 /88s~=
(b)20×8年销售毛利率 `-L?x2)U
(c)20×8年总资产净利率 N*-tBz
(d)20×8年12月31日的流动比率 )r9 9zdUk
(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) r<+C,h;aww
【答案】 (gBKC]zvz3
(1)应选择营业收入作为计算重要性水平的基础。 `$6o*g>:
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 j?.F-ar
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 3^o(\=-JX
销售毛利率=(64000-54000)/64000×100%=15.63% RehmVkT
总资产净利率=30/[(100000+90000)/2]=0.03%
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流动比率=60000/20000=3 X1|
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(3) *DF3juf~
a.应建议做如下审计调整分录: YP2VSK2Q
借:应收票据 6 000 000 EjR(AqZY
贷:短期借款 5 820 000 03 @aG
财务费用 180 000 RPz[3y
b.应建议做如下审计调整分录: ;}46Uc#WS
借:预计负债 3 000 000 ]
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贷:营业外支出 500 000 MgJ6{xzz
其他应付款 2 500 000 ~R!1{8HP