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)。 9^J8V]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: `pF|bZ?v
(Expressed in RMB thousands) s)"C~w^
FINANCLAL STATEMENTS ITEMS >2`)S{pBD
20×8 $j^Jj
20×7 &R/)#NAp
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Sales >z6(fM`i
64000 xL4qt
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48000 <3z]d?u
S pDV
D
Cost of sales <OF7:f
54000 ys:1%D,,_
42000 ;A~S){
pt;E~_
Net profit _n_lO8mK
30 >e*m8gm#
-20 L5
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8Cz_LyL
=?T\zLN=
December 31, 20×8 blph&[`}I
December 31, 20×7 ,"
=6imrRaaV
Inventory zu<b#W v
16000
dlN(_6>b
12000 Wm4@+}
B;[{7J]
Current assets Z5;1ySn{
60000 p>=YPi/d
50000 4x.'H18
Adgh:'h
Total assets JPS22i)P
100000 KgX~PP>
90000 cu(2BDfiL
mq$'\c
9.
Current liabilities rH8^Fl&jT
20000 Bv
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18000 +Zt
qR
E"bYl3
Total liabilities n[lf==R
30000 8I$B^,N
25000 EsXCi2]1
fLL_{o0T
Hv(0<k6oH
During the audit, John has the following findings: ln)_Jf1r
(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: s;X"E
=
Dr. Cash in Bank RMB 5820000 P%f],f
Dr. Financial Expenses RMB 180000 $n& alcU
Cr. Notes Receivable RMB 6000000 AU} e^1h
(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: IBb3A
Dr. Non-operating Expenses RMB 3000000 LU~U>
Cr. Provisions RMB 3000000 ,i#]&f`c;5
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 [sp=nG7i&
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: y$7Fq'
Dr. Provisions RMB 3000000 5Tluxt71
Cr. Cash in Bank RMB 2500000 a \B<(R.
Cr. Non-operating Income RMB 500000 7g_:Gv~v
Required: <splLZW3k
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion.
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(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: |_8::kir:
(a)Inventory Turnover Rate in 20×8; 0[TZ$<v"
(b)Gross Profit Ratio in 20×8; S9}P5;u
(c)After Tax Return on Total Assets in 20×8; and !OekN,6
(d)Current Ratio as at December 31, 20×8 |;ycEB1
(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. gBUtv|(@>[
【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。 P!'Sx;C^f
以下是未经审计财务报表的部分信息: k1i*1Tc
(单位:千元) 2<)63[YO
项目 20×8 20×7 =K .' x
营业收入 64 000 48 000 rc1EJ(c
营业成本 54 000 42 000 YuSe~~F)j
净利润 30 -20 &e@2zfl7
{co(w
7
20×8年12月31日 20×7年12月31日 %h 6?/
存货 16 000 12 000 7
lY&/-V
流动资产 60 000 50 000 HT)b3Ws~M8
总资产 100 000 90 000 &N GYV
流动负债 20 000 18 000 7g}4gX's
总负债 30 000 25 000 U0t/(Jyg
在审计过程中,约翰发现以下事项: , fFB.q"
(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: HiCNs;t
借:银行存款5 820 000 \ F#mwl,>"
财务费用 180 000 Q]Q i
贷:应收票据6 000 000 wQWokpP;T7
(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: hNmC(saMGm
借:营业外支出 3 000 000 zM"OateA
贷:预计负债 3 000 000 R<{bb'
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: G<OC99;8
借:预计负债 3 000 000 =HmV0
贷:银行存款 2 500 000 ~Tq
`c
营业外收入 500 000 [?iA`#^d
要求: [
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(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。 6 /gh_'&
(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: trnjOm
(a)20×8年存货周转率 4]A2Jl
E
(b)20×8年销售毛利率 xK 9"t;!C&
(c)20×8年总资产净利率 )a.Y$![
(d)20×8年12月31日的流动比率 %&5 !vK
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) @B
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【答案】 t%ye:
(1)应选择营业收入作为计算重要性水平的基础。 /9 NQ u
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 W,5A|Q~
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 *T$o"*}
销售毛利率=(64000-54000)/64000×100%=15.63% _'0HkT{I
总资产净利率=30/[(100000+90000)/2]=0.03% m5Q,RwJ!xK
流动比率=60000/20000=3 R nt&<|8G
(3) rlk0t159
a.应建议做如下审计调整分录: ZQ9!k*
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借:应收票据 6 000 000 3P~I'FQ
贷:短期借款 5 820 000 Wz}RJC7p
财务费用 180 000 <uDEDb1|l
b.应建议做如下审计调整分录: h
1G`z
借:预计负债 3 000 000 "_]n_[t2C
贷:营业外支出 500 000 I1yZ7QY
其他应付款 2 500 000 cP%mkh_ri