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)。 s2 aFme
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: j\Fbi3H
(Expressed in RMB thousands) H.l
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FINANCLAL STATEMENTS ITEMS nSZp,?^
20×8 [{T/2IGq
20×7 ~j!|(a7
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Sales [5
M! '
64000 {+kWK;1
48000 ~U1: 0
j
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Cost of sales v] Xy^7?
54000 6/(Z*L"~6k
42000 @}+B%R
*>o@EUArN
Net profit f_hG2Sk
30 ~aL?{kb+
-20 Tn38]UL
G"vEtNoV
eR3MU]zF
December 31, 20×8 '=(yh{W
December 31, 20×7 ?iaO6HD
Q2@yUDd!
Inventory )^E6VD&6
16000 f|yq~3x)
12000 RcI0n"Gi_
vDc&m
Current assets $uK[[k~=S
60000 d+8|aS<A
50000 SQuW`EHBgs
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Total assets _.,"`U; H
100000 %.{xo.`a[
90000 (1Jc-`
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Current liabilities ;b,
bHL
20000 kh>i#9Ie
18000 b&pL}o?/k
HNfd[#gV
Total liabilities G)9`Qn
30000 gGbqXG^
25000 ve(@=MJ
oYeFOw`
&v+Hl
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During the audit, John has the following findings: p!K]c D
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: EixAmG
Dr. Cash in Bank RMB 5820000 h&bs`
Dr. Financial Expenses RMB 180000 (*!4O>]
Cr. Notes Receivable RMB 6000000 k~$}&O
(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: u$x'P <b
Dr. Non-operating Expenses RMB 3000000 1|3vwgRhs
Cr. Provisions RMB 3000000 \3j4=K'nE
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 -9"[/
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: ob(~4H-
Dr. Provisions RMB 3000000 TIP H#W:v
Cr. Cash in Bank RMB 2500000 hXn@vK6
Cr. Non-operating Income RMB 500000 7)Bizlf
Required: Yb>A?@S
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. hB]<li)"C
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ery{>|k
(a)Inventory Turnover Rate in 20×8; Mj |"+(
(b)Gross Profit Ratio in 20×8; LO,k'gg<
(c)After Tax Return on Total Assets in 20×8; and sRGIHT#
(d)Current Ratio as at December 31, 20×8 yrrP#F
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. e= _7Q.cn
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 TJ(vq] |&
以下是未经审计财务报表的部分信息: l`AA<Rj*O-
(单位:千元) BH?fFe&J:`
项目 20×8 20×7 95 X6V
营业收入 64 000 48 000 ]B-3Lh
营业成本 54 000 42 000 T4"*w
净利润 30 -20 i}ti
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20×8年12月31日 20×7年12月31日 L>2gx$f
存货 16 000 12 000 j|(bdTZY:
流动资产 60 000 50 000 bRc~e@
总资产 100 000 90 000 #TY[\$BHs
流动负债 20 000 18 000 ,6^V)F
总负债 30 000 25 000 Cv1CRmqq%
在审计过程中,约翰发现以下事项: KHt#mQy)9
(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: + WFa4NZ
借:银行存款5 820 000 uB3Yl=P
财务费用 180 000 zB)wYKwZ
贷:应收票据6 000 000 )'t&LWS~
(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: A ]~%<=b
借:营业外支出 3 000 000 17;qJ_T)
贷:预计负债 3 000 000
4B=@<(H
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: 1cPjgBxv#
借:预计负债 3 000 000 r1Cq8vD*m
贷:银行存款 2 500 000 U^xtS g
营业外收入 500 000 H-Or
要求: DP7B X^e
(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。 >U'gQS?\]
(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: 5B+I
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(a)20×8年存货周转率 r*4@S~;
(b)20×8年销售毛利率 Je;HAhL
(c)20×8年总资产净利率 Yu9.0A_) :
(d)20×8年12月31日的流动比率 V']1j
(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) Qx}hiv/
【答案】 &+F}$8,
(1)应选择营业收入作为计算重要性水平的基础。 HpTX6}^
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Z <vTr6?
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 :jioF{,
销售毛利率=(64000-54000)/64000×100%=15.63% C*,PH!$k
总资产净利率=30/[(100000+90000)/2]=0.03% ]5i]2r1
流动比率=60000/20000=3 dRnO5
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(3) iQ_^MzA
a.应建议做如下审计调整分录: BvV!?DY4
借:应收票据 6 000 000 k8ej.
贷:短期借款 5 820 000 g7U>G=,;?U
财务费用 180 000 5 iP{)
b.应建议做如下审计调整分录: ]h_V5rdX@
借:预计负债 3 000 000 [+Y;w`;Fq
贷:营业外支出 500 000 gpzZs<ST
其他应付款 2 500 000 )A
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