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)。 D`r
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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: dAOmqu,6
(Expressed in RMB thousands) i!/V wGg
FINANCLAL STATEMENTS ITEMS @@U'I^iG
20×8 E'p5
20×7 O,Xf.O1c
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Sales 9v(&3,)a
64000 (7nWv43
48000 "%+C@>`(
H6<\7W89y
Cost of sales `pp"htm
54000 #]G$o?@Y=^
42000 (h0i2>K
-I1Ne^DZn4
Net profit P |c6V
30 ;{]%ceetcu
-20 dQ*3s>B[
Ez^U1KKOE7
/easmf]
December 31, 20×8 C7%+1w'D8
December 31, 20×7 OQ<|XdI$
GgH=w`;_
Inventory }U$Yiv
16000 f=v+D0K$n
12000 P,Fs7
*Yk3y-
Current assets mA5x ke_)
60000 Q!Rknj 2
50000 M%f96XUM
g/+P]c6/
Total assets ]}/LNO*L"
100000 &Y"u*)bm
90000 4#mRLs
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IfoeHAWX
Current liabilities clQN@1] M
20000 Q7`}4c)
18000 %WrUu|xj>_
>Pv#)qtm
Total liabilities >JVZ@
PV
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30000 }E$^!q{
25000 ? 6B
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=iy%;>I`
*]%{ttR~
During the audit, John has the following findings: x|l[fdm5
(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\(wU?m'/
Dr. Cash in Bank RMB 5820000 ' jFSv|g+0
Dr. Financial Expenses RMB 180000 >\hu1C|W
Cr. Notes Receivable RMB 6000000 |`9POl=
(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: XW6Ewrm=vT
Dr. Non-operating Expenses RMB 3000000 bH+p5Fd;
Cr. Provisions RMB 3000000 1R)4[oYN\<
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 $L>tV='
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: t^.U<M
Dr. Provisions RMB 3000000 mM"!=' z
Cr. Cash in Bank RMB 2500000 oDul ?%
Cr. Non-operating Income RMB 500000 i
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Required: Q9)/I
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(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. ?4wS/_C/
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 7g3vh%G.
(a)Inventory Turnover Rate in 20×8; I,D24W4l
(b)Gross Profit Ratio in 20×8; W[
A;VOj0$
(c)After Tax Return on Total Assets in 20×8; and uJ,>Y#
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(d)Current Ratio as at December 31, 20×8 uW!',"0ER
(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. Px&*&^Gf[b
【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。 j,QeL
以下是未经审计财务报表的部分信息: $x]'6
(单位:千元) *+h2,Z('a
项目 20×8 20×7 3dNOXk,#
营业收入 64 000 48 000 TFWV(<
营业成本 54 000 42 000 ,EW-21
净利润 30 -20 2S
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A:F
*Y%ZW
20×8年12月31日 20×7年12月31日 jdV E/5
存货 16 000 12 000 pZz?c/h-
流动资产 60 000 50 000 j}Lt"r2F
总资产 100 000 90 000 MGeHccqh2
流动负债 20 000 18 000 {E!ie{~
总负债 30 000 25 000 6rMGlzuRo
在审计过程中,约翰发现以下事项: hZ-No
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: x/47e8/
借:银行存款5 820 000 'E+Ty(ED5
财务费用 180 000 \;&9h1?Mn
贷:应收票据6 000 000 y/rmxQtP
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: roY oxF;\
借:营业外支出 3 000 000 # 4_'%~-e
贷:预计负债 3 000 000 a5C% OI<
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: ac6Lv}w_
借:预计负债 3 000 000 s QfP8}U
贷:银行存款 2 500 000 ^Fgmwa'
营业外收入 500 000 !vHUe*1a{
要求: i ]gF
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(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 W4Nbl
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: ]&w>p#_C
(a)20×8年存货周转率 IZBU<1M
(b)20×8年销售毛利率 %M^X>S\%
(c)20×8年总资产净利率 g76l@QYIU
(d)20×8年12月31日的流动比率 M~7 gUb|
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) AB40WCu]*
【答案】 d:} aFP[
(1)应选择营业收入作为计算重要性水平的基础。 =xScHy{$
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 MHmaut#
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 bIt%KG{PY6
销售毛利率=(64000-54000)/64000×100%=15.63% Wfgs[
总资产净利率=30/[(100000+90000)/2]=0.03% %k
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流动比率=60000/20000=3 4Mi~eL%D
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(3) -S
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a.应建议做如下审计调整分录: 6
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借:应收票据 6 000 000 V|xKvH
贷:短期借款 5 820 000 `=^;q6f
财务费用 180 000 #` )zD"CO
b.应建议做如下审计调整分录: znv2:
借:预计负债 3 000 000 Ol3$!x9
贷:营业外支出 500 000 ykc$B5*
其他应付款 2 500 000 Tq[=&
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