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)。 w^gh&E
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: 5qy}~dQ
(Expressed in RMB thousands) R5"p7>
FINANCLAL STATEMENTS ITEMS jGn^<T\
20×8 nQ\k{%Q
20×7 WIm7p1U#V
+0Gep}&z.
Sales 919g5f`
64000 16|S 0 )
48000 {%{GZ
Ao T 7sy7
Cost of sales =]e^8;e9
54000 >U?Bka!
42000 +`8)
U 3u0
>nQyF
Net profit s? k[_|)!
30 7h1gU
-20 ;L2bC3
I0K!Kcu5Iu
K*$#D1hG
December 31, 20×8 {R;M`EU>
December 31, 20×7 dH|^\IQ
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Inventory I&8m5F?$`
16000 Bq@wS\W>b}
12000 8F`
z :v, Vu
Current assets v v/,Rgv
60000 OL5HofgNm
50000 "Q{~Bj~
(JW?azU
Total assets w9$
8t9$|
100000 % Au$E&sj
90000 4Z9
wzQ>
*]R0z|MW
Current liabilities sdYj'e:N
20000 MdZgS#`
18000 JWHt|zBg
I^(#\vRW
Total liabilities /v4S@SQ+
30000 #J724`
25000 xc.D!Iav
ROS"V
V<
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During the audit, John has the following findings: 2Fg t)`{!
(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: (M,VwwN
Dr. Cash in Bank RMB 5820000 Fx5d@WNa>
Dr. Financial Expenses RMB 180000 ih |Ky+ !
Cr. Notes Receivable RMB 6000000 2,V+?'^j
(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: +\GZ(!~
Dr. Non-operating Expenses RMB 3000000 y*h1W4:^-
Cr. Provisions RMB 3000000 l/zC##1+.
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 bDBO+qA
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: 917 0bmr
Dr. Provisions RMB 3000000 cvE.r330|
Cr. Cash in Bank RMB 2500000 8sIA;r%S
Cr. Non-operating Income RMB 500000 nDB 2>J
Required: rw[ {@|)'z
(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. DnsP7k.8T
(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: 8KwCwv
(a)Inventory Turnover Rate in 20×8; ?%/u/*9rj
(b)Gross Profit Ratio in 20×8; 4z%#ZIy3
(c)After Tax Return on Total Assets in 20×8; and Wk
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(d)Current Ratio as at December 31, 20×8 zX [r
(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. Y%:0|utQC
【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。 HJaw\zbL
以下是未经审计财务报表的部分信息: E\~ KVn
(单位:千元) 8+
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项目 20×8 20×7 |F@xwfgb
营业收入 64 000 48 000 w&yGYHg
营业成本 54 000 42 000 r p
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净利润 30 -20 >q@Sd
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20×8年12月31日 20×7年12月31日 =lC;^&D-0/
存货 16 000 12 000 wp%FM
流动资产 60 000 50 000 BCUt`;q ]B
总资产 100 000 90 000
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流动负债 20 000 18 000 (e>Rot0
总负债 30 000 25 000 0w(T^GhZ
在审计过程中,约翰发现以下事项: .^~l_LkA
(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: (;pi"/x[
借:银行存款5 820 000 ] @)!:<+
财务费用 180 000 -}X?2Q
贷:应收票据6 000 000 =v4r M0m,
(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: .blft,'
借:营业外支出 3 000 000 S1^nC tSF
贷:预计负债 3 000 000 1%spzkE 3P
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: mw(c[.*%
借:预计负债 3 000 000 f-3'D-{EKt
贷:银行存款 2 500 000 /X^3=-{8
营业外收入 500 000 n(1wdl Ep
要求: =^Sw*[eiy
(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。 xshArJ&
A
(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: ^0~c7`k`V
(a)20×8年存货周转率 )?B~64N,+
(b)20×8年销售毛利率 ZEj!jWP2m
(c)20×8年总资产净利率 ,<$YVXe/
(d)20×8年12月31日的流动比率 8pk#sJ51
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) lH)em.#
【答案】 O~h94 B`
(1)应选择营业收入作为计算重要性水平的基础。 @q+cmJKv
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 kOAY@a
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 =@JS88+
销售毛利率=(64000-54000)/64000×100%=15.63% +[whh
总资产净利率=30/[(100000+90000)/2]=0.03% jF2[bzY4
流动比率=60000/20000=3 Y@]);MyL
(3) @)vy'qP d
a.应建议做如下审计调整分录: ,2,SG/BB
借:应收票据 6 000 000 6Lg!Lodu
贷:短期借款 5 820 000 4`8IFK
财务费用 180 000 ', sQ/#S
b.应建议做如下审计调整分录: 4|6&59?pnc
借:预计负债 3 000 000 T9z4W]T
贷:营业外支出 500 000 mQJ4;BJw
其他应付款 2 500 000 #9$V
08