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)。 [6_"^jgH
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: f7Zf}1|
(Expressed in RMB thousands) &RWM<6JP
FINANCLAL STATEMENTS ITEMS uMHRUi
20×8 )`<6taKx@n
20×7 QskUdzQ=
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Sales }hCaNQ&jH
64000 m*gj|1k
48000 C,.-Q"juH
PT+c&5A S
Cost of sales P])L8zK
54000 _e* c
42000 @LcT-3 u
2% %|fU9
Net profit sY
W[O"oNi
30 vb
%T7
-20 QhCY}Q?X
Wk}D]o0^@
v~}5u
5$O
December 31, 20×8 V/ +Jc(N
December 31, 20×7 QNb>rLj52
EMhr6</
Inventory t=i/xG: 5
16000 tn{8u7
12000 *2=W5LaK.
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Current assets x<@kjfm5
60000 9Eg&CZ,9$D
50000 { V0>iN:~S
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Total assets 7WP%J-
100000 XIRR Al(,
90000 6b<+8w
lBmm(<~Z
Current liabilities sQtf,e|p
20000 Ft)
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18000 r4?b0&Xq
>t0%?wj)Y
Total liabilities {`F1u?l
30000 XVF^,Yf
25000 d&u7]<yDA
\vVSh
(]XbP
W
During the audit, John has the following findings: ?+Q$#pb
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 6- ]h5L]
Dr. Cash in Bank RMB 5820000 U` hfvTi
Dr. Financial Expenses RMB 180000 !}
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Cr. Notes Receivable RMB 6000000 D%U:!|G
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: <s}|ZnGE
Dr. Non-operating Expenses RMB 3000000 /$:U$JVb?l
Cr. Provisions RMB 3000000 sAYV)w3u"
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 7)J6/('
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: Gs_qO)~xo
Dr. Provisions RMB 3000000 ;v_V+t<$
Cr. Cash in Bank RMB 2500000 |l7%l&!
Cr. Non-operating Income RMB 500000 j o_
sAb
Required: )* TF"
(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. JKy#j 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: DjwQ`MA
(a)Inventory Turnover Rate in 20×8; Q]rqD83((
(b)Gross Profit Ratio in 20×8; A,BEKjR~J
(c)After Tax Return on Total Assets in 20×8; and !)c=1EX]"
(d)Current Ratio as at December 31, 20×8 b+@D_E-RJ
(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. *d>vR1
【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。
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以下是未经审计财务报表的部分信息: LeHiT>aX!
(单位:千元) 7Ms90oE/c
项目 20×8 20×7 (ua q<Cvg
营业收入 64 000 48 000 #6W,6(#^#
营业成本 54 000 42 000 gvyT-XI
净利润 30 -20 5+K;_)
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20×8年12月31日 20×7年12月31日 AIh*1>2Xn
存货 16 000 12 000 "-
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流动资产 60 000 50 000 S0LszW)e
总资产 100 000 90 000 Z^#]#f
流动负债 20 000 18 000 `f)(Y1%.
总负债 30 000 25 000 9&K/GaG
在审计过程中,约翰发现以下事项: 2\0Oji\6
(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: a2yE:16o6
借:银行存款5 820 000 Q\9K2=4
财务费用 180 000 i2PZ'
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贷:应收票据6 000 000 m<: IFx#
(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: `FJ|W6%
借:营业外支出 3 000 000 VVuR+=.&
贷:预计负债 3 000 000 A-wRah.M
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: =_PvrB 2'
借:预计负债 3 000 000 y
~AmG~
贷:银行存款 2 500 000 = .`jjDJ
营业外收入 500 000 <o0~H
要求: z[9UQU~x?
(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。 jGD%r~lN
(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: ."mlSW
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(a)20×8年存货周转率 kus}WJ
(b)20×8年销售毛利率 M35Ax],:^
(c)20×8年总资产净利率 ]V<-J
(d)20×8年12月31日的流动比率 kNPDm6m
(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) HY)ESU
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【答案】 oT&m4I
(1)应选择营业收入作为计算重要性水平的基础。 ,2`~ N
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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$|
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 B QjGv?p0s
销售毛利率=(64000-54000)/64000×100%=15.63% l,d, T
总资产净利率=30/[(100000+90000)/2]=0.03% c2<,|D|
流动比率=60000/20000=3 Q$a
(3) &5Y_>{,
a.应建议做如下审计调整分录: - k`.j
借:应收票据 6 000 000 it1/3y
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贷:短期借款 5 820 000 ]ii+S"U3
财务费用 180 000 >ttuum12w
b.应建议做如下审计调整分录: +K{LQsR]
借:预计负债 3 000 000 'fY9a(Xt.
贷:营业外支出 500 000 8&E}n(XE
其他应付款 2 500 000 CMl~=[foW