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)。 7CTFOAx#
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: m:o<X K[>
(Expressed in RMB thousands) F,)%?<!I
FINANCLAL STATEMENTS ITEMS Z lzjVU/E
20×8 g0ly
20×7 7 X'u6$i
i|*)I:SHU
Sales Qtv&ijFC
64000 D#JL!A%O
48000 &t:Gx<]
b9<#K+L-
Cost of sales +@k+2?]
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54000 HLaRGN3,
42000 =`s!;
74k dsgQf
Net profit Hm'=aff6A
30 /?F/9hL
-20 l(tOe
@8rx`
9
oij}'|/Jc
December 31, 20×8 3r."j2$Hs0
December 31, 20×7 Zu("#cA.H
!sW(wAy?o
Inventory 2OR{[L*
16000 =\wxsL
12000 V"G*N<q
c*L\_Vx+
Current assets ?8Z0Gqt74
60000 J!pygn
O
50000 /Uy"M:|V1
hD*SpVIU
Total assets n'kG] Q
100000 X1-'COQS%&
90000 `q*M4,
P&ptJtNg
Current liabilities -0{r>,&Mm
20000 22
M1j5
18000 ah0`KxO]
usK*s$ns
Total liabilities (UvM@]B
30000 *XbEiMJ
25000 wL
4dTc
MWpQ^dL_
m\r@@!
During the audit, John has the following findings: D" rK(
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: ,J^b0@S
Dr. Cash in Bank RMB 5820000 h"_;IUZ!
Dr. Financial Expenses RMB 180000 4;]hK!AXS
Cr. Notes Receivable RMB 6000000 r6}
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(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: J1I ;Jgql(
Dr. Non-operating Expenses RMB 3000000 i}mVQ\j5
Cr. Provisions RMB 3000000 q?DTMKx
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 [~#WG/!:
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: kJzoFFWo$
Dr. Provisions RMB 3000000 xLWwYK
Cr. Cash in Bank RMB 2500000 _Wp{[TH
Cr. Non-operating Income RMB 500000 *4+"Lh.KS
Required: EwC{R`
(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. 9c#+qH
(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: QWSTR\!
(a)Inventory Turnover Rate in 20×8; ?DQsc9y
(b)Gross Profit Ratio in 20×8; A1D^a,
(c)After Tax Return on Total Assets in 20×8; and Z/0fXn})
(d)Current Ratio as at December 31, 20×8 ]?+p5;{y4
(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. `YLD`(\
【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。 q6SXWT'Sa
以下是未经审计财务报表的部分信息: Raxrb=7
(单位:千元) &d+Kg0 :
项目 20×8 20×7 Dhw(#{N
营业收入 64 000 48 000
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营业成本 54 000 42 000 Q<'nE
净利润 30 -20 -tHU6s,
4
c$ zKqz
20×8年12月31日 20×7年12月31日 uK$9Ll{lk
存货 16 000 12 000 /VS[pXXT|
流动资产 60 000 50 000 9N<<{rQ,F
总资产 100 000 90 000 ceM6{N<_U
流动负债 20 000 18 000 P+PR<ZoI{f
总负债 30 000 25 000 G!W[8UG
在审计过程中,约翰发现以下事项: (\a]"g,]v
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 7/ysVWt
借:银行存款5 820 000 !QHFg-=7
财务费用 180 000 ];a=Pn-:}G
贷:应收票据6 000 000 0Lc9M-Lg
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: cc&axc7I
借:营业外支出 3 000 000 X;B\Kj`n
贷:预计负债 3 000 000 sCi s4gX.]
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: =Z+nz^'b
借:预计负债 3 000 000 fA<[f
贷:银行存款 2 500 000 dC$Em@Nb
营业外收入 500 000 SHbtWq}T
要求: Wi2WRJdyu
(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。 >.'*)@vQi
(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: 9:,\gw>F
(a)20×8年存货周转率 L
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(b)20×8年销售毛利率 X1Ac*oLN
(c)20×8年总资产净利率 ph [#QHB
(d)20×8年12月31日的流动比率 v<OJ69J
(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) #H{<gjs]
【答案】 V7[zAq
(1)应选择营业收入作为计算重要性水平的基础。 .ir<s>YM
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 wsN?[=l{s
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 e~@[18
销售毛利率=(64000-54000)/64000×100%=15.63% fX.>9H[w@~
总资产净利率=30/[(100000+90000)/2]=0.03% l>{R`BZ/
流动比率=60000/20000=3 ]*F
Vz$>XM
(3) 9@52Fg;mj
a.应建议做如下审计调整分录:
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借:应收票据 6 000 000 8`
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贷:短期借款 5 820 000 .k9{Yv0
财务费用 180 000 ?-^m`
b.应建议做如下审计调整分录: te
!S09(
借:预计负债 3 000 000 Zh*u(rO
贷:营业外支出 500 000 CkD#/
其他应付款 2 500 000 Xn,v]$M!