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)。 J)R2O4OEd
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: M0^r!f>O
(Expressed in RMB thousands) wo*/{KFvh
FINANCLAL STATEMENTS ITEMS Db2G)63
20×8 ]$z~;\ T
20×7 ^lQej%
!Zs;m`j&9
Sales A$-{WN.W
64000 9_HEImk
48000 's
e
9|:
p}j{<y
Cost of sales wi9fYfuv3R
54000 "r[Ea|
42000 M]6=Rxq1:E
]qXfgc
Net profit h<6r+*T' p
30 w("jyvV[C
-20 yX8F^iv[
<H$ CCo
$CXqkK<6
December 31, 20×8 {xOu*8J
December 31, 20×7 1Og9VG1^
yqoi
2J:
Inventory !D z:6r
16000 [7$<sN<'
12000 g:O.$
Y}4dW'
Current assets H-I*;
60000 Uz1u6BF
50000 N`#v"f<~Q
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Total assets !FO92 P16
100000 ;E*ozKpm
90000 bf}r8$,
6_9w1
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Current liabilities S_\RQB\l
20000 &qo'ge8p
18000 Z-:$)0f
5m_@s?P[
Total liabilities :pNZQX
30000 k5<lkC2
z
25000 |px4a"
2*Gl|@~N
Va9vDb6
During the audit, John has the following findings: S:DB%V3
(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: Wqy8ZgSC
Dr. Cash in Bank RMB 5820000 ==IL63
Dr. Financial Expenses RMB 180000 2wu
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Cr. Notes Receivable RMB 6000000 >.B+xn=
(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: n)pBK>+
Dr. Non-operating Expenses RMB 3000000 mv+.5X
Cr. Provisions RMB 3000000 L !{^^7
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 J\2F%kBej?
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: $'e.bh
Dr. Provisions RMB 3000000 `UeF3~)>E
Cr. Cash in Bank RMB 2500000 gzw[^d
Cr. Non-operating Income RMB 500000 W>+<r9Rt4
Required: !3Pl]S~6!
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. '"I"D9;9
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ,kLeK{
(a)Inventory Turnover Rate in 20×8; ` 3<#DZ;!
(b)Gross Profit Ratio in 20×8; )L_jR%2j
(c)After Tax Return on Total Assets in 20×8; and k"AY7vq@!P
(d)Current Ratio as at December 31, 20×8 C?b Mj[$
(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. #+r-$N.7
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 #`?uV)(
以下是未经审计财务报表的部分信息: Q}I. UG_
(单位:千元) .}j
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项目 20×8 20×7 3fBq~ Q
营业收入 64 000 48 000 Ws(BouJ
营业成本 54 000 42 000 }~\J7R'
净利润 30 -20 =#1/<q)L
heRQ|n.Dz)
20×8年12月31日 20×7年12月31日 <Qwi 0$
存货 16 000 12 000 p%j@2U
流动资产 60 000 50 000 `GH6$\:
总资产 100 000 90 000 bZa?h.IF
流动负债 20 000 18 000 f *)t<1f
总负债 30 000 25 000 'd/A+W
在审计过程中,约翰发现以下事项: v3`J~,V<
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: viKN:n! Ev
借:银行存款5 820 000 <$ '#@jW
财务费用 180 000 [D/q%
贷:应收票据6 000 000 LG51e7_gFi
(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: 3{,Mpb@
借:营业外支出 3 000 000 <y!6HJ"
贷:预计负债 3 000 000 Qa"R?dfr
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: {>5c,L$
借:预计负债 3 000 000 G.c s-f
贷:银行存款 2 500 000 r?H {Y3,
营业外收入 500 000 =axi0q?}
要求: 1=#`&f5f&
(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。 !74*APPHR
(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: 1eKJ46W
(a)20×8年存货周转率 y:pypuwt;
(b)20×8年销售毛利率 Ik~5j(^E-
(c)20×8年总资产净利率 IgSe%B
(d)20×8年12月31日的流动比率 q-p4k`]
(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) +}z
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【答案】 V8&%f xn+
(1)应选择营业收入作为计算重要性水平的基础。 k98--kc5
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ;Q-sie(#
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 /n(0nU[
销售毛利率=(64000-54000)/64000×100%=15.63% |n Mbf
总资产净利率=30/[(100000+90000)/2]=0.03% .\<
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流动比率=60000/20000=3 \b~zyt6-
(3) {"s9A&
a.应建议做如下审计调整分录: |
h8C}P&Z
借:应收票据 6 000 000 ./.E=
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贷:短期借款 5 820 000 ]+,Z()
财务费用 180 000 0(0Ep(Vj
b.应建议做如下审计调整分录: uy 7)9w
借:预计负债 3 000 000 Rm6<"SLV
贷:营业外支出 500 000 XIf,#9
其他应付款 2 500 000 `s@1'IG;R_