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)。 41a.#o
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: F}GPZ=T;
(Expressed in RMB thousands) P^`duZ{T
FINANCLAL STATEMENTS ITEMS OS|> t./U
20×8 )vg5((C
20×7 P|tNL}2`;
k67a'pmyJ
Sales ig LMv+{
64000 {gNV[45
48000 7!y5
SX8C
vsWHk7 9
Cost of sales )Or.;
54000 D?yG+%&9
42000 hI?sOR!
W!!S!JF
Net profit G$0c'9d*(
30 #rO8K f
-20 !o=U19)
|2\{z{?
@~c6qh
December 31, 20×8 v
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December 31, 20×7 `@[c8j7
C9
8]9
Inventory
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16000 ;w|b0V6
12000 $N:Vo(*
!zj0/Q G\
Current assets Hn>B!Bm*
60000 =[\s8XH,
50000 joKIrS0y
Y)N-V
]5L
Total assets 6hZ@;Q=b
100000 b^D$jY
90000 P0H6mn*
\0lnxLA
Current liabilities
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20000 >9RD_QG7
18000 c|F[
.;cR
Le<wR
Total liabilities A;\7|'4
30000 {
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25000 Xc"&0v%;#
b@3_L4~
X#3et'
During the audit, John has the following findings: 1+-_s
(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: O+}qQNe<
Dr. Cash in Bank RMB 5820000 R4ht6Vm3g)
Dr. Financial Expenses RMB 180000 '13ZX:
Cr. Notes Receivable RMB 6000000 !T](Udf
(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: ?
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Dr. Non-operating Expenses RMB 3000000 *(PL
_/:
Cr. Provisions RMB 3000000 OHiQ7#y
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 d*)CT?d&
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: A,r*%&4~
Dr. Provisions RMB 3000000 Og=*R6i
Cr. Cash in Bank RMB 2500000 O6IB.
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Cr. Non-operating Income RMB 500000 n,B,"\fw
Required: "D?z
(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. Hwo$tVa:=
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: F(na{<g};
(a)Inventory Turnover Rate in 20×8; L\y;LSTU
(b)Gross Profit Ratio in 20×8; Ag F,aZU
(c)After Tax Return on Total Assets in 20×8; and c@v{`d
(d)Current Ratio as at December 31, 20×8 &WNf
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(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. %Y!Yvw^&P(
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 ?wnzTbJN
以下是未经审计财务报表的部分信息: \:'%9 x
(单位:千元) 4C}bJzZ
项目 20×8 20×7 sdQkT# %y
营业收入 64 000 48 000 K&8dA0i2u2
营业成本 54 000 42 000 s21wxu:
净利润 30 -20 fN'HE#W1Xa
!"8fdSfg
w
20×8年12月31日 20×7年12月31日 Vp>|hj po
存货 16 000 12 000 N^B o
.U0\
流动资产 60 000 50 000 S"Zp D.XX
总资产 100 000 90 000 =gcM%=*'
流动负债 20 000 18 000
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总负债 30 000 25 000 Gs3LB/8?
在审计过程中,约翰发现以下事项: 35tu>^_#V
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: gY@N~'f;"
借:银行存款5 820 000 S[7WW$lF
财务费用 180 000
B<C*
贷:应收票据6 000 000 +-E~6^>
(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: oh$Q6G
借:营业外支出 3 000 000 &3yD_P_3
贷:预计负债 3 000 000 hs}8xl
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: gn3jy^5
借:预计负债 3 000 000 765p/**
贷:银行存款 2 500 000 7O,U?p
营业外收入 500 000 Bdj%hyW
要求: XoA+MuDzpo
(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。 +[5.WC7J
(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: ;vt8R=T
(a)20×8年存货周转率
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(b)20×8年销售毛利率 @:KJYm[
(c)20×8年总资产净利率 ,\qs4&
(d)20×8年12月31日的流动比率 _x!7}O#k
(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) JA)] _H
P
【答案】 {J^lX/D
(1)应选择营业收入作为计算重要性水平的基础。 4C FB"?n0
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 3> Y6)
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 vap,y $C
销售毛利率=(64000-54000)/64000×100%=15.63% Y[L-7^o@y
总资产净利率=30/[(100000+90000)/2]=0.03% Unsogd
流动比率=60000/20000=3 A<W6=5h
(3) Uh][@35 p
a.应建议做如下审计调整分录: Nj?/J47?,
借:应收票据 6 000 000 YfRkwKj
y(
贷:短期借款 5 820 000 9'r:~O
财务费用 180 000 y~75r\"R
b.应建议做如下审计调整分录: QcgfBsv96
借:预计负债 3 000 000 H/Llj.-jg
贷:营业外支出 500 000 %Qj;, #z
其他应付款 2 500 000 lGVEpCS}