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)。 waX>0e
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: o)6p A^+
(Expressed in RMB thousands) gM>t0)mGK
FINANCLAL STATEMENTS ITEMS HCK|~k
20×8 NW~z&8L
20×7 u$%t)2+$4
4v
p
Sales jA".r'D%
64000 @3fn)YQ'
48000 ,h|q i[7
)%rg?lI
Cost of sales 4tg<iH{
54000 i'stw6*J
42000 RMO,ZVq
86@c't@
Net profit d]9U^iy
30 %h1N3\y9i(
-20 Ehzo05/!
FZreP.2)!
R1&un
m0
December 31, 20×8
Y_`- 9'&
December 31, 20×7 "5cM54Z0
r"$.4@gc
Inventory (E,T#uc{
16000 b~dIk5>O
12000 MO;X>D =
oJ#,XMKga
Current assets s
{^yj
60000 +
cb6??H
50000 tx?dIy;
ceNix!P
Total assets 6c0>gUQx-
100000 T843":
90000 f#ri'&}c
:
P`r55@af4
Current liabilities ]v+31vdf:O
20000 U%0Ty|$Y
18000 +r3IN){jz
9Fn\FYUq
Total liabilities UMX@7a,[3
30000 "
RxP^l
25000 +{sqcr1G
1+?N#Fh
6q
2_WX
During the audit, John has the following findings: zbJT&@z
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: {v3P9s(
Dr. Cash in Bank RMB 5820000 HSq}7S&U
Dr. Financial Expenses RMB 180000 y
A47"R
Cr. Notes Receivable RMB 6000000 36US5ef
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: /dnCwFXf
Dr. Non-operating Expenses RMB 3000000 jt+iv*2N>
Cr. Provisions RMB 3000000 a&vY!vx3
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Sp@-p9#
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: G@j0rnn>B
Dr. Provisions RMB 3000000 ,AT[@
Cr. Cash in Bank RMB 2500000 b86}% FM
Cr. Non-operating Income RMB 500000 (5\NB0
Required: [z7bixN
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 0Won9P
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: w3$
(a)Inventory Turnover Rate in 20×8; o6 $4/I
(b)Gross Profit Ratio in 20×8; EYA,hc
(c)After Tax Return on Total Assets in 20×8; and /*0K92NB
(d)Current Ratio as at December 31, 20×8 :6%Z]tt
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. 6-O_\Cq8
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 4*$G & TX
以下是未经审计财务报表的部分信息: v$^Z6>vVI
(单位:千元) 43=,yz2Ef
项目 20×8 20×7 orb_"Qw
营业收入 64 000 48 000 >t7x>_~
营业成本 54 000 42 000 ;| 1$Q!4
净利润 30 -20 * RtgC/
z?35=%~w
20×8年12月31日 20×7年12月31日 kBN+4Dr/$
存货 16 000 12 000 }NB}"%2
流动资产 60 000 50 000 Kv~U6_=1
O
总资产 100 000 90 000 zP<pEI
流动负债 20 000 18 000 08*v~(T
总负债 30 000 25 000 X]y)qV)a[c
在审计过程中,约翰发现以下事项: )2M>3C6>f
(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: %iw3oh&Fkm
借:银行存款5 820 000 -44l^}_u
财务费用 180 000 q:g2Zc'Y~W
贷:应收票据6 000 000 2it?$8#i
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: D+>1]ij
借:营业外支出 3 000 000 t%8d-+$
贷:预计负债 3 000 000 I|Gp$uq _
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: ,~._}E&9I
借:预计负债 3 000 000 A<ynIs<
贷:银行存款 2 500 000 A@Dw<.&_I
营业外收入 500 000 <