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)。 uH/w\v_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: :I -V_4b
(Expressed in RMB thousands) 3bk|<7tl
FINANCLAL STATEMENTS ITEMS |8mhp.7
20×8 ,@
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20×7 *.L81er5~
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Sales 'WaPrCw@Mf
64000 +fvaUV_-
48000 l^ZI* z7N
i1H\#;`$
Cost of sales ~\{^%~[48
54000 mPI8_
5V8]
42000
;};wq&b#
ST\$=
Net profit C<KrMRWh^
30 8} =JKR^cK
-20 *K> l*l(f]
a=M\MZK>
-@T/b$]'n
December 31, 20×8 =t6z \WB
December 31, 20×7 'cY` w
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Inventory 6-?66gmT
16000 UnI48Y
12000 LPMU8Er
t#q<n:WeYU
Current assets !rqF}d
60000 W6On93sa
50000 8_T6_jL<
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Total assets R|wGU)KEc'
100000 \[Z?&
90000 PO6&bIr
W 4F \}A
Current liabilities J,Ks0MA
20000 ^Z:~91Tv-_
18000 u_ABt?'
rn<PR
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Total liabilities H$I=W>;
30000 %-d]X{J:
25000 ABUSTf<
8Y5
_YF%V;X
During the audit, John has the following findings: rETRTp0HT
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 9K9DF1SOa
Dr. Cash in Bank RMB 5820000 *Z|y'<s
Dr. Financial Expenses RMB 180000 6R=W}q4
Cr. Notes Receivable RMB 6000000 y~)1
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(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: =$]uoA
Dr. Non-operating Expenses RMB 3000000 E9;|'Vy<E
Cr. Provisions RMB 3000000 Fd0%lnui
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Dk?\)lD`
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: lT(oL|{#P
Dr. Provisions RMB 3000000 `ho1nY$)CE
Cr. Cash in Bank RMB 2500000 % LJs
Cr. Non-operating Income RMB 500000 qi_Jywd:w
Required: M)U{7c$c7
(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. L'u\w
(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: g]*#%Xa
(a)Inventory Turnover Rate in 20×8; {)-aSywe
(b)Gross Profit Ratio in 20×8; 'Fmvu
(c)After Tax Return on Total Assets in 20×8; and Yb E-6|cz
(d)Current Ratio as at December 31, 20×8 ih7/}
(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. ztw@Y|<2
【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。 ,T2G~^0
以下是未经审计财务报表的部分信息: V,$0p1?J
(单位:千元) :s4p/*f
项目 20×8 20×7 t+eVR8
营业收入 64 000 48 000 () j=5KDu
营业成本 54 000 42 000 b j'Xg
净利润 30 -20 Zl*X?5u
'#k0a,<N
20×8年12月31日 20×7年12月31日 KN*
存货 16 000 12 000 M%@ !cW
流动资产 60 000 50 000 Dc_yM
总资产 100 000 90 000 ['T:ea6B
流动负债 20 000 18 000 h=:Q-?n-
总负债 30 000 25 000 x@*SEa
在审计过程中,约翰发现以下事项: ~c&bH]cj
(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: cJrmm2.0kD
借:银行存款5 820 000 2RX!V@z.G
财务费用 180 000 hRCed4qA
贷:应收票据6 000 000 ?Orxmxc
2
(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: rnF/H=I/
借:营业外支出 3 000 000 <kCU@SK
贷:预计负债 3 000 000 7(5
4/
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: uXKERzg
借:预计负债 3 000 000 <TP=oq?I/
贷:银行存款 2 500 000 V>b\[(=s
营业外收入 500 000 +t?3T-@Ks
要求: [<6S%s
(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。 Z-l=\ekJ
(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: nX=$EQiH
(a)20×8年存货周转率 hC\6-
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(b)20×8年销售毛利率 ;dJ1
(c)20×8年总资产净利率 o|$AyS{1
(d)20×8年12月31日的流动比率 ZSG9t2qlv
(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) <>8WQn,K
【答案】 GSRVe/[
(1)应选择营业收入作为计算重要性水平的基础。 ~x|F)~:0=
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ,]d,-)KX8
' hs2RSq
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 t{.8|d@
销售毛利率=(64000-54000)/64000×100%=15.63% @0F3$
总资产净利率=30/[(100000+90000)/2]=0.03% .dav8n*
流动比率=60000/20000=3 bLwAXW2K+
(3) 7:2WgLo
a.应建议做如下审计调整分录: M#8uv-L
借:应收票据 6 000 000 x
= 5N3[5
贷:短期借款 5 820 000 >Vwc3d
财务费用 180 000 (,8$V\
b.应建议做如下审计调整分录: |fHV2Y`:g
借:预计负债 3 000 000 sPR1?:0:
贷:营业外支出 500 000 ~FN9 [aJF+
其他应付款 2 500 000 fc
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