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)。 l~w2B>i)
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: -z)n?(pftm
(Expressed in RMB thousands) 42$VhdG
FINANCLAL STATEMENTS ITEMS "&G/T ?4
20×8 R6;=n"Ueb
20×7 "Q@ronP(~
.6+Z^,3
Sales 3TeY%5iVt
64000 aBNc(?ri
48000 s(/;U2"e
$P/~rZ@M@
Cost of sales hK L4cpK4
54000 :LF?
42000 =Y|VgV
r!_-"~`7E
Net profit I9_RlAd
30 Lt?lv2k=L
-20 i&bA2p3+d
fI ?>+I5
qk
DI](4
December 31, 20×8 n'n/Tu
December 31, 20×7 AG`L64B
#rMlI3;
Inventory gc_:%ki
16000 89pEfl j2
12000 Lb:g4A"
>%}C^g
u)
Current assets e$<0
7Oc
60000 j4gF;
-m<
50000 FH?U(-
FtP0krO(
Total assets I8hz(2jI
100000 x-WmMfcz&
90000 LiN$
pwm
'f!8DGix
Current liabilities ?GKb7Oj
20000 6iVxc|Ia
18000 (y=C_wvqZ
EH+"~-v)ae
Total liabilities SA&Rep^
30000 %KCyb
25000 "jeb%k
dyz2.ZY~2
R1adWBD>
During the audit, John has the following findings: M'7f O3&|
(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: PS)4 I&;U
Dr. Cash in Bank RMB 5820000 %aG5F}S2~
Dr. Financial Expenses RMB 180000 >K_(J/&p
Cr. Notes Receivable RMB 6000000 $O&b``
(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:
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Dr. Non-operating Expenses RMB 3000000
s
JB;3"~
Cr. Provisions RMB 3000000 y`Wty@
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 -]0OKE&
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: Ec!"O3%!M^
Dr. Provisions RMB 3000000 ~qiJR`Jj
Cr. Cash in Bank RMB 2500000 R/~p>apg8
Cr. Non-operating Income RMB 500000 C)um9}
Required: 0.`/X6
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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. )Kc<j!8-[
(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: H4WP~(__
(a)Inventory Turnover Rate in 20×8; *RI]?j%B
(b)Gross Profit Ratio in 20×8; v,FU^f-'
(c)After Tax Return on Total Assets in 20×8; and pj\u9
L_
(d)Current Ratio as at December 31, 20×8 #{\J
Nb+w%
(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. rN<0
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【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。 .p<:II:
6
以下是未经审计财务报表的部分信息: SL Ws*aq
(单位:千元) qmkAg }2
项目 20×8 20×7 ;,hwZZA
营业收入 64 000 48 000 td
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营业成本 54 000 42 000 }z eO]"`
净利润 30 -20 cXA
i k-
0!4Ts3qn1
20×8年12月31日 20×7年12月31日 rJ`!: f
存货 16 000 12 000 }5ret
流动资产 60 000 50 000 5#HW2"7
总资产 100 000 90 000 cVXLKO
流动负债 20 000 18 000 ]N~2
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总负债 30 000 25 000 xsIY7Ss U
在审计过程中,约翰发现以下事项: VpE*(i$
(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: |)IlMG
借:银行存款5 820 000 +Zb;Vn4
财务费用 180 000 tZ]?^_Y1
贷:应收票据6 000 000 rlML W
(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: y%&q/tk
借:营业外支出 3 000 000 g{7.r-uu
贷:预计负债 3 000 000 MU($|hwiL
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: &agWaf1%a
借:预计负债 3 000 000 ST|x23|O]
贷:银行存款 2 500 000 'K$[^V
营业外收入 500 000 ~Q Oe##
要求: >"??!|XG^
(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。 "H=6j)Cb
(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: E~DQ-z
(a)20×8年存货周转率 cutu DZ
(b)20×8年销售毛利率 MR;1
2*p
(c)20×8年总资产净利率 D@,6M#SK
(d)20×8年12月31日的流动比率 x!?u^
(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) Fe# 1
【答案】 xzdf^Ce
(1)应选择营业收入作为计算重要性水平的基础。 O\
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 034iK[ib"
kI,yU}<Fq
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 o8 IL$:
销售毛利率=(64000-54000)/64000×100%=15.63% ;@0;pY
总资产净利率=30/[(100000+90000)/2]=0.03% /,BD#|
流动比率=60000/20000=3 #QS`_TlKk
(3) kGH }[w
a.应建议做如下审计调整分录: R6 y#S&]x
借:应收票据 6 000 000 =%BSKSG.
贷:短期借款 5 820 000 %@<8<6&q
财务费用 180 000 \e:7)R2<!x
b.应建议做如下审计调整分录: F6LH $C
借:预计负债 3 000 000 E`kG-Q5Dw
贷:营业外支出 500 000 >Ifr [
其他应付款 2 500 000 CLxynZ\ ;