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)。 {SF'YbY
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: )[ QT?;
(Expressed in RMB thousands) .sjv"D"
FINANCLAL STATEMENTS ITEMS 6d`qgEM3
20×8 u4tv=+jh
20×7 1Ep7CV-n}
e?7y$H-
Sales URbHV
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64000 +[ng99p
48000 <(t{C8>g%
>Hu3Guik]
Cost of sales Aj8zFt]
54000 2:@,~{`#*
42000 ;qO3m-(d
bE,#,
Net profit 'rNLh3
30 :-_"[:t 5Z
-20 0Bt>JbGs4
YSzC's
[
Z;z,dw
December 31, 20×8 AC\y|X8-
December 31, 20×7 9n49p?
~g9~D}48k'
Inventory O=eU38n:5u
16000 _FNW[V
12000 4B9D
A{dqB
Current assets {Mb2X^@7
60000 |{ =Jp<}s
50000 SKF0p))BJ
~|[i64V<^
Total assets 0 .UN
100000 X(O:y^sX}
90000 w`EC6ZN
TS`m&N{i")
Current liabilities Y[|9
+T
20000 Sz:PeUr9h
18000 odDVdVx0
B}P!WRNmln
Total liabilities pHowioFx
30000 >7)QdaB
25000 D^xg2D
g:.LC
F
M+M ;@3
During the audit, John has the following findings: &1Y7Ne
(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: XTA:Y7"O
Dr. Cash in Bank RMB 5820000 ~]24">VZf
Dr. Financial Expenses RMB 180000 /eT9W[a
Cr. Notes Receivable RMB 6000000 wy^mh.= UX
(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: Z<W f/
Dr. Non-operating Expenses RMB 3000000 d}
5
Cr. Provisions RMB 3000000 )Y&B63]B
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 WL|71?@C
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: mN
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Dr. Provisions RMB 3000000 M1]w0~G
Cr. Cash in Bank RMB 2500000 ]N,'3`&::
Cr. Non-operating Income RMB 500000 OJ7Uh_;/
Required: 0eKLp8;Lh
(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. #S]O|$&*
(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: \[|X^8j
(a)Inventory Turnover Rate in 20×8; G O"E>FyB
(b)Gross Profit Ratio in 20×8; nTw:BU4jd
(c)After Tax Return on Total Assets in 20×8; and R%~~'/2V
(d)Current Ratio as at December 31, 20×8 ++UxzUd
(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. w#_7,*6]
【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。 X40JCQx{+
以下是未经审计财务报表的部分信息: I %sw(uoE
(单位:千元) <pXOE-G5
项目 20×8 20×7 mE=Tj%+x
营业收入 64 000 48 000 EuA352x
营业成本 54 000 42 000 oKr= ]p
净利润 30 -20 3DxgfP%n
C^LxJG{L5
20×8年12月31日 20×7年12月31日 {MN6JGb|'
存货 16 000 12 000 mI\[L2x
流动资产 60 000 50 000 \ KsKb0sM
总资产 100 000 90 000 3g:P>(
流动负债 20 000 18 000 Q );}1'c
总负债 30 000 25 000 A/&u/?*C
在审计过程中,约翰发现以下事项: v9!]/]U^
(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: +3M1^:
借:银行存款5 820 000 *y(UI/c
财务费用 180 000 <Fv7JPN%
贷:应收票据6 000 000 =*.S<Ko)
(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: !]9qQ7+R%
借:营业外支出 3 000 000 m&#D ~
贷:预计负债 3 000 000 [,;O$j}
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~(G P
借:预计负债 3 000 000 [S-#}C?~
贷:银行存款 2 500 000 fh66Gn,
营业外收入 500 000 .Wi%V"
要求: uKTYb#
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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。 r[^O 7
(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: z_#H
J}R=
(a)20×8年存货周转率 rWqr-"0S.
(b)20×8年销售毛利率 hD7vjg&Z
(c)20×8年总资产净利率 Z^Wv(:Nr
(d)20×8年12月31日的流动比率 t?
b@l<,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) @HE?
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【答案】 :T>OJ"p
(1)应选择营业收入作为计算重要性水平的基础。 a<]vHC7
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 a1ps'^Qhh
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 pc
QkJF
销售毛利率=(64000-54000)/64000×100%=15.63% sk_xQo#Y
3
总资产净利率=30/[(100000+90000)/2]=0.03% GuaF B[4
流动比率=60000/20000=3 b7">IzAe
(3) 56u_viZ=8
a.应建议做如下审计调整分录: kIe)ocJg
借:应收票据 6 000 000 (dy:d^
贷:短期借款 5 820 000 {lUaN0O:
财务费用 180 000 ^r
O!-
b.应建议做如下审计调整分录: biForT_no
借:预计负债 3 000 000 A;6ew4
贷:营业外支出 500 000 |oePB<N
其他应付款 2 500 000 @k# xr