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)。 ;lU]ilYv
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: 0.kQqy~5
(Expressed in RMB thousands) XmI63W*
FINANCLAL STATEMENTS ITEMS TW)~&;1l
20×8 Bq*aP*jv
20×7 9S!
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riz[
AAB
Sales x!^u$5c
64000 e%K
oecq
48000 p6|RV(?8
#24eogo~
Cost of sales XPd@>2
54000 h&O8e;S#
42000 k%2Rv4)hU
= k7}[!T
Net profit /M@6r<2`i
30 lN,)T%[
0-
-20 l?J|Ip2W
Bkh1VAT
hsE
Q6
December 31, 20×8 z(JDLd
December 31, 20×7 eR*y<K(d
9}*<8%PSt,
Inventory Jh!'"7
16000 m%[`
NP (
12000 X$(Dem
%9Y3jB",2
Current assets +x_9IvaW&?
60000 %FSY}65
50000 >cYYr@S
Ks_B%d
Total assets REc+@;B
100000 qG?svt
90000 #[ZNiaWT
-FrNk>
Current liabilities nLc Oz3h
20000 7,:$, bL
18000 2SHS!6:Rl
Wv4o:_}
Total liabilities 22_%u=p-|
30000 Z@d(0 z
25000 Qqn9nO9
_zF*S]9
X
\2huDNW&
!
During the audit, John has the following findings:
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(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: (// f"c]/
Dr. Cash in Bank RMB 5820000 JK_(!
Dr. Financial Expenses RMB 180000 c3]X#Qa#m$
Cr. Notes Receivable RMB 6000000 Eu)(@,]we
(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: yK"
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Dr. Non-operating Expenses RMB 3000000 =>en<#[\:
Cr. Provisions RMB 3000000
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 nlsif
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: n)
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Dr. Provisions RMB 3000000 &8R!`uh1
Cr. Cash in Bank RMB 2500000 4Ow0g-{
Cr. Non-operating Income RMB 500000 {Xw6p
Required: ~&\} qz3
(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. #BLmT-cl
(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: _dk/SWb)
(a)Inventory Turnover Rate in 20×8; "2
"gTS
(b)Gross Profit Ratio in 20×8; I2G:jMPy
(c)After Tax Return on Total Assets in 20×8; and ;.EW7`)Z
(d)Current Ratio as at December 31, 20×8
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(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. r< ~pSj
【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。
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以下是未经审计财务报表的部分信息: DLBHZ?+!
(单位:千元) >uR0Xs;V
项目 20×8 20×7 LUN"p#1
营业收入 64 000 48 000 4/:}K>S_
营业成本 54 000 42 000 j$ h>CZZ
净利润 30 -20 JT(6Uf
Z?"f#
20×8年12月31日 20×7年12月31日 M`u&-6
存货 16 000 12 000 CYFi_6MFl
流动资产 60 000 50 000 jS<(Oo
总资产 100 000 90 000 6! .nj3$*
流动负债 20 000 18 000 fqp!^-!X
总负债 30 000 25 000 Pua|Z
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在审计过程中,约翰发现以下事项: P|'eM%
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: eF=cMC
借:银行存款5 820 000 nEgDwJ<wl
财务费用 180 000 o +KDK{MD
贷:应收票据6 000 000 sfKu7p uc
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: "`q:
借:营业外支出 3 000 000 HmQ.'
贷:预计负债 3 000 000 YggeKN
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Nt'6Y;m!
借:预计负债 3 000 000 X" m0||
贷:银行存款 2 500 000 97 eEqI$#
营业外收入 500 000
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要求: lo< t5~GQ
(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。 OPe3p {]
(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: mtd ,m
(a)20×8年存货周转率 YkuFt>U9,
(b)20×8年销售毛利率 2uZ4$_
(c)20×8年总资产净利率 -'%>Fon
(d)20×8年12月31日的流动比率 rK@XC +`S
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) HY!R |
【答案】 !9p;%Ny`
(1)应选择营业收入作为计算重要性水平的基础。 wY'w'%A?
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 vOQ
3A%/
]o+5$L,5b
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 s:ZYiZ-
销售毛利率=(64000-54000)/64000×100%=15.63% Q}6!t$Vk
总资产净利率=30/[(100000+90000)/2]=0.03% qSA]61U&
流动比率=60000/20000=3 ;eY.4/*R
(3) ;v
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a.应建议做如下审计调整分录: W{W8\
借:应收票据 6 000 000 w_ONy9
贷:短期借款 5 820 000 J1UG},-h
财务费用 180 000 JG/Pc1aK
b.应建议做如下审计调整分录: >K;DBy*
借:预计负债 3 000 000 K{EDmC
贷:营业外支出 500 000 ZULnS*V;5
其他应付款 2 500 000 CFTw=b@