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)。 Rp#SqRy`
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: XB?!V|bno
(Expressed in RMB thousands) b\?`721BG
FINANCLAL STATEMENTS ITEMS ^VQiq7 xm
20×8 u4Sa4o
20×7 V+ Z22
I('l)^m%
Sales Oe?nX>
64000 ?~$y3<[
48000
=~)n,5
m~v
Ie c
Cost of sales pT
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54000 E?-K_p
42000 ZISR]xay
7W*OyH^
Net profit `JC!uc
30 WJ%b9{<
-20 \l`;]cA
eWFl
J;=
975KRnj
December 31, 20×8 0
[s1!Cm!i
December 31, 20×7 L.5GX 29
,?}TSJKC
Inventory 0Bll6Rd
16000 ixp %aRRP
12000 m+L:\mvA
,{%[/#~6
Current assets |1neCP@ng
60000 P++gR@
50000 BjShK+Y
yO !*pC
Total assets - na]P3 s
100000 uaS?y1:
c
90000 tIg_cY_y
Uc/%4Gx
Current liabilities 35ng_,t$
20000 u`ZnxD>
18000 zUOYH4+
b_B4
Total liabilities qRr;&M &t_
30000 bv+PbK]iO
25000 5EU3BVu&u
{BF$N#7
se?nx7~
During the audit, John has the following findings: J9o]$.e
(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: 'rSM6j
Dr. Cash in Bank RMB 5820000 myPo&"_ x
Dr. Financial Expenses RMB 180000 CkOd>Kn
Cr. Notes Receivable RMB 6000000 dfNNCPu]+
(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: CzwnmSv{.
Dr. Non-operating Expenses RMB 3000000 uG/
Zpi
Cr. Provisions RMB 3000000 a{y;Ub
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 m49)c K?
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: I!{5*~ 3
Dr. Provisions RMB 3000000 /m%;wH|6%
Cr. Cash in Bank RMB 2500000
z 6p.{M
Cr. Non-operating Income RMB 500000 (*#S%4(YX
Required: qLcs)&}/A
(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. Hi
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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: gI[xOK#
(a)Inventory Turnover Rate in 20×8; }4$UlTA'
(b)Gross Profit Ratio in 20×8; ?8`b
(c)After Tax Return on Total Assets in 20×8; and Mq-;sPsFP
(d)Current Ratio as at December 31, 20×8 /W fpA\4S
(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&.+Dx^G
【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。 `}1 8A.
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以下是未经审计财务报表的部分信息: #Hq XC\
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(单位:千元) b8Y-!]F
项目 20×8 20×7 Z/O5Dear/h
营业收入 64 000 48 000 $~_TE\F1
营业成本 54 000 42 000 ?xIwQd0
净利润 30 -20 ?v6xaVg:
@<h@d_8^k
20×8年12月31日 20×7年12月31日 %?K'egkp
存货 16 000 12 000 3~Ah8,
流动资产 60 000 50 000 :
xW.(^(d
总资产 100 000 90 000 *M09Y'5]
流动负债 20 000 18 000 G/b
$c
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总负债 30 000 25 000 4v Ug:'DM
在审计过程中,约翰发现以下事项: {ymD.vf=9+
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ]5wc8Kh"
借:银行存款5 820 000 l7\Bq+Q
财务费用 180 000 T$!.
:v
贷:应收票据6 000 000 |
X! d*4
(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 Rkgpa/te"
贷:预计负债 3 000 000 dxsPX=\:
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: Z!DGCw
借:预计负债 3 000 000 [8[g_
贷:银行存款 2 500 000 IvO#tI
营业外收入 500 000
ji5c0WH
要求: z`XX[9$qm
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 xO{yr[x"L
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: `bNY[Gv>)
(a)20×8年存货周转率 wMr*D['" #
(b)20×8年销售毛利率 ><^
,
(c)20×8年总资产净利率 n2cb,b/7
(d)20×8年12月31日的流动比率 M$
CnaH
(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) V_^p?Fi#
【答案】 *6<<6f`(
(1)应选择营业收入作为计算重要性水平的基础。 lG6P+ Z/nf
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 |U)M.\h
O!#r2Y"?K1
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 d[=~-[
销售毛利率=(64000-54000)/64000×100%=15.63% gA D,
总资产净利率=30/[(100000+90000)/2]=0.03% *d b,N'rK
流动比率=60000/20000=3 ]2Zl\}GwY
(3) ~qT5F)$B-
a.应建议做如下审计调整分录: ;<hLy(@
借:应收票据 6 000 000 J#ujI e
贷:短期借款 5 820 000 ;LD!eWSK,
财务费用 180 000 >cJf D9-<h
b.应建议做如下审计调整分录: b@`h]]~:
借:预计负债 3 000 000 OO#_0qK
贷:营业外支出 500 000 /fv;`?~d*
其他应付款 2 500 000 ozB2L\D7