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)。 o8PK,!Pl
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: eootHK
(Expressed in RMB thousands) !06
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FINANCLAL STATEMENTS ITEMS 3e)W_P*0?
20×8 CrvL[6i
20×7 !+<OED=qe
[UP-BX(
Sales D90.z"N\i9
64000 c >8IM
48000 O)2==_f\
v--Qbu
Cost of sales &3@{?K
54000 n8FmIoZ&`
42000 =sp5.-r
*h <_gn
Net profit !Dc|g~km\
30 jV}tjwq
-20 [Dzd39aKr
&1!T@^56
QsO%m
December 31, 20×8 <6!;mb
;cX
December 31, 20×7 2aDjt{7P
@k|V4
Inventory uPbGQ :%}
16000 d ynq)lf
12000 ;?q>F3n
)o=ipm[
Current assets lR<1x
60000 |. ZYY(}
50000 X&bz%I>v
XABB6J]
Total assets kWSei3
100000 =ws iC'
90000 uQ(C,
f[6p
VB}4#-dG?
Current liabilities r
DD,eNjG
20000 GR%h3HO2&
18000 ]"wl*$N
pHftz-RS!
Total liabilities B$\,l.hE
30000 'joc8o sS
25000 #M)SAe2
"sD[P3
+46m~" ]
During the audit, John has the following findings: {
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(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: ,f[`C-\Q%
Dr. Cash in Bank RMB 5820000 fPpFAO
Dr. Financial Expenses RMB 180000 crDm2oA~t
Cr. Notes Receivable RMB 6000000 ?=FRnpU?
(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: ;^"#3_7T]
Dr. Non-operating Expenses RMB 3000000 Vm"{m/K0
Cr. Provisions RMB 3000000 dlf nh
f
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 *7JsmN?
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: j,Vir"-)
Dr. Provisions RMB 3000000 > &V Y
Cr. Cash in Bank RMB 2500000 _u]S/X-
Cr. Non-operating Income RMB 500000 ,q".d =6
Required: Vlf =gP
(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. y@'~fI!E4
(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: tK0Ksnl^
(a)Inventory Turnover Rate in 20×8; (Qp5
3g
(b)Gross Profit Ratio in 20×8; Py!
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(c)After Tax Return on Total Assets in 20×8; and "J=A(w5
(d)Current Ratio as at December 31, 20×8 h!!7LPxt
(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. 8o7%qWX
【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。 8Buus
以下是未经审计财务报表的部分信息: LP{@r ic
(单位:千元) {[[j .)
项目 20×8 20×7 /ygC_,mx
营业收入 64 000 48 000 I;5:jT `
营业成本 54 000 42 000 0kiV-yc
净利润 30 -20 oScKL#Hu
k3-7Vyg
20×8年12月31日 20×7年12月31日 xC5`|JW
存货 16 000 12 000 B s {n
流动资产 60 000 50 000 4f-I,)qCBk
总资产 100 000 90 000 _yu_Ev}R
流动负债 20 000 18 000 1=^edQ+
总负债 30 000 25 000 ;XDGlv%
在审计过程中,约翰发现以下事项: *B0
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(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: hAvX{]
借:银行存款5 820 000 6<`tb)_2~
财务费用 180 000 ?>}&,:U}
贷:应收票据6 000 000 ;#+Se,)
(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: :OC(93d)0
借:营业外支出 3 000 000 Eq82?+9
贷:预计负债 3 000 000 `/+PZqdC
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: QZO9CLX 8k
借:预计负债 3 000 000 %{j)w{
LJ
贷:银行存款 2 500 000 i4g99Kvl
营业外收入 500 000 ,Srj38p
要求: t)n
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(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。 JXNfE,_
(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: zjlo3=FQX[
(a)20×8年存货周转率 7jtDhsVz
(b)20×8年销售毛利率 ,f3Ck*M
(c)20×8年总资产净利率 o8h1
(d)20×8年12月31日的流动比率 tEC`->|
(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) %7n(>em
【答案】
B Sc5@;
(1)应选择营业收入作为计算重要性水平的基础。 t9Y?0O}/
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 [KT1.5M[
5.o{A#/NTl
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 "i1r9TLc
销售毛利率=(64000-54000)/64000×100%=15.63% r_EuLFM A
总资产净利率=30/[(100000+90000)/2]=0.03% TQiDbgFo
流动比率=60000/20000=3 y'21)P
(3) \4FKZ>1+R
a.应建议做如下审计调整分录: YjTA+1}
借:应收票据 6 000 000 =3R5m>6!/
贷:短期借款 5 820 000 !-<PV
财务费用 180 000 ry[NR$L/m
b.应建议做如下审计调整分录: X{-[
E^X
借:预计负债 3 000 000 r[votdFo
贷:营业外支出 500 000 x J[Xmre
其他应付款 2 500 000 7O^'?L<C'