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)。 G{u(pC^
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: A)80qx:
(Expressed in RMB thousands) AvZOR
FINANCLAL STATEMENTS ITEMS Egi(z9|Pp
20×8 &~ '^;hy=
20×7 j*_>/gi
f64}#E|w
Sales pebNE
3`#
64000 t; b1<TLn0
48000 -?L3"rxAP
R@
MXwP
Cost of sales wJg&OQc9
54000 jP31K{G?
42000 Q;k
D Jo
(vPE?^}b
Net profit 9/PX~j9O?
30 "\O{!Hj8
-20 [H=l#W@
q
rF:=?`E
/ xb37,
December 31, 20×8 #&Fd16ov
December 31, 20×7 ow7*HN*
I3AxKA
Inventory B*^8kc:)L
16000 BYZllwxwTE
12000 yHs'E4V`$
1>)uI@?Rb
Current assets :1gcLsF
60000 ge[&og/$
50000 :auq#$B
6)1xjE#
Total assets
fO}Y$y\q
100000 tg;AF<VI
90000 8nTdZu
s@K #M
Current liabilities ,A9{x\1!
20000 t]6
4=
18000 Q32GI,M%B
:o_6
Total liabilities /'L/O;H20
30000 ka<rlh<h
25000 E@8<
2l}3L
Q@-
h
During the audit, John has the following findings: eXCH*vZY
(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: p}lFV,V
Dr. Cash in Bank RMB 5820000 $`txU5#vs
Dr. Financial Expenses RMB 180000 '_%`0p1
Cr. Notes Receivable RMB 6000000 y2@8?
(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: +f\r?8s
Dr. Non-operating Expenses RMB 3000000 2^fSC`!
Cr. Provisions RMB 3000000 TN.&FDqC9
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ^w~Utx4
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: .!Os'Y9[,
Dr. Provisions RMB 3000000 _;u@xl=
Cr. Cash in Bank RMB 2500000 F17nWvF
Cr. Non-operating Income RMB 500000 J-Wphc!m
Required: cp
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(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. +\~Mx>Cn
(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: 7_]Bu<{f
(a)Inventory Turnover Rate in 20×8; 2@a]x(
(b)Gross Profit Ratio in 20×8; oT[8Iu
(c)After Tax Return on Total Assets in 20×8; and d1/uI^8>
(d)Current Ratio as at December 31, 20×8 k1_3\JO"6
(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. Jtl[9qe#]
【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。 Gu\lV c
以下是未经审计财务报表的部分信息: [(/IV+
(单位:千元) J@Qw6J
项目 20×8 20×7 'fIirGOl
营业收入 64 000 48 000 84YZT+TEN
营业成本 54 000 42 000 `KJBQK
净利润 30 -20 k?ksv+e\
APY
*SeIV
20×8年12月31日 20×7年12月31日 @(s"5i.`)
存货 16 000 12 000 ^6Y:9+
流动资产 60 000 50 000 a[Oi
总资产 100 000 90 000 qY%{c-aMA
流动负债 20 000 18 000 ccJ!N
总负债 30 000 25 000 r$z0C&5
在审计过程中,约翰发现以下事项: L
}&$5KiwV
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ^n8r mh_%
借:银行存款5 820 000 ^FN(wvqb8
财务费用 180 000 @Xq3>KJ_)H
贷:应收票据6 000 000 Dv[ 35[Yh
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: P]||Xbbp
借:营业外支出 3 000 000 nh+f,HtSt
贷:预计负债 3 000 000 PH3#\
v.
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: mLL?n)
借:预计负债 3 000 000 Dl95Vo=1
贷:银行存款 2 500 000 G9P)Y#WB
营业外收入 500 000 xbhU:,o
要求: gv,8Wo
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 _T[m YY
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: RE}$(T=
(a)20×8年存货周转率 63n<4VSH
(b)20×8年销售毛利率 8^%Nl `_2B
(c)20×8年总资产净利率
uQlQ%n%
(d)20×8年12月31日的流动比率 3erGTa[|q
(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) q+Cq&|4
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【答案】 p@+r&Mg%W"
(1)应选择营业收入作为计算重要性水平的基础。 dSm; e_s
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 by8~'?
QL_9a,R'r
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 cN\Fgbt
销售毛利率=(64000-54000)/64000×100%=15.63% %wuD4PRK
总资产净利率=30/[(100000+90000)/2]=0.03% vZl]C%
流动比率=60000/20000=3 p2:>m\
(3)
_}(ej&'f
a.应建议做如下审计调整分录:
f/6,b&l,
借:应收票据 6 000 000 O$,MdhyXC
贷:短期借款 5 820 000 9akIu.H
财务费用 180 000 /vLdm-4
b.应建议做如下审计调整分录:
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1
借:预计负债 3 000 000 `c~J&@|
贷:营业外支出 500 000 O#962\
其他应付款 2 500 000 - r!sY+Z>