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)。 q#0yu"<
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: L(/wsw~y*
(Expressed in RMB thousands) (#Xgfb"S3
FINANCLAL STATEMENTS ITEMS HmV JkkksJ
20×8 3P*"$ fH
20×7 =]L#v2@
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Sales o6X<FE#8
64000 UFE~6"t(
48000 S3dcE"hg
OQ<NB7'n0A
Cost of sales %G jjl*`E
54000 fM<g++X
42000 ,*wj~NE
Bn
Nu/02.=
Net profit k")3R}mX
30 cV* 0+5
-20 6oGF6C
peU1
t:k?
B 3eNvUFZg
December 31, 20×8 P'k`H
December 31, 20×7 2J7JEv|
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Inventory j2:A@a6
16000 gjy:o5{vA*
12000 )eWg2w ]
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Current assets d\rs/ee
60000 V[">SiOg
50000 "\kr;X'
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Total assets YwF\
100000 4Bq4d.0
90000
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Current liabilities !'%`g,,r
20000 nB ,&m&
18000 8KS9!*.iZ
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Total liabilities q*{Dy1Tj
30000 f@J-6uQ7w
25000 $g)X,iQu
<k2]GI-}h
_ 6'HBE
During the audit, John has the following findings: 2d-C}&}L\
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: rxAb]~MMp
Dr. Cash in Bank RMB 5820000 Og<UW^VR
Dr. Financial Expenses RMB 180000 lmr:PX
Cr. Notes Receivable RMB 6000000
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(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: #)$@Kvm
Dr. Non-operating Expenses RMB 3000000 TWJ%? /d
Cr. Provisions RMB 3000000 (B;rjpK
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 m_1BB$lyP2
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: nK|WzUtp
Dr. Provisions RMB 3000000 54,
( ;
Cr. Cash in Bank RMB 2500000 $Z^HI
Cr. Non-operating Income RMB 500000 0~j0x#
Required: 5J<ghv>\P
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. fwi(qx1=}
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: )~[hf,R5S
(a)Inventory Turnover Rate in 20×8; !`#xFRHe
(b)Gross Profit Ratio in 20×8; s:#\U!>0`
(c)After Tax Return on Total Assets in 20×8; and v/WvT!6V`
(d)Current Ratio as at December 31, 20×8 <lwkjt=RV
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. V$fvf#T
【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。 8_F 5c@7
以下是未经审计财务报表的部分信息: 6'qC *r
(单位:千元) )]5}d$83
项目 20×8 20×7 X
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营业收入 64 000 48 000 -.X-02
营业成本 54 000 42 000 5m&Zq_Qe
净利润 30 -20 P ||:?3IH
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20×8年12月31日 20×7年12月31日 ]J7.d$7T
存货 16 000 12 000 cfd7)(6
流动资产 60 000 50 000 BSB;0O M
总资产 100 000 90 000 i>68gfx
流动负债 20 000 18 000 F"Y.'my8
总负债 30 000 25 000 <) \
在审计过程中,约翰发现以下事项: -(]s!,
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ("
B[P/
借:银行存款5 820 000 Wc+)EX~KS
财务费用 180 000 fSF
b)+
贷:应收票据6 000 000 X]OVc<F
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: /
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借:营业外支出 3 000 000 Q5H!
^RQm
贷:预计负债 3 000 000 ]V K%6PQ0
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Yq?FiE0
借:预计负债 3 000 000 aqk0+
贷:银行存款 2 500 000 i7/I8y
营业外收入 500 000 ]l
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要求: tmJ-2
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 s8/y|HN^
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: lU[" ZFP
(a)20×8年存货周转率 lef,-{X-
(b)20×8年销售毛利率 E9IU,P6a
(c)20×8年总资产净利率 Z4 +6'
(d)20×8年12月31日的流动比率 ~S, R`wo
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) j%m9y_rg}
【答案】 |99/?T-QW
(1)应选择营业收入作为计算重要性水平的基础。 _Fz]QxO
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 K*_5M
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 y7quKv7L}
销售毛利率=(64000-54000)/64000×100%=15.63% `"/s," c:D
总资产净利率=30/[(100000+90000)/2]=0.03% R"9^FQ13
流动比率=60000/20000=3 L:ox$RU
(3) R>iRnrn:-
a.应建议做如下审计调整分录: |ZAR!u&0
借:应收票据 6 000 000 Az}.Z'LJ
贷:短期借款 5 820 000 AUm"^-@x#>
财务费用 180 000 1@)kNg)*$
b.应建议做如下审计调整分录: #MyR:V*a
借:预计负债 3 000 000 8tR(i[L
贷:营业外支出 500 000 75+#)hNa!P
其他应付款 2 500 000 +EZ Lic