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)。 L{v^:
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: .U8Se+;
(Expressed in RMB thousands) vepZod}D
FINANCLAL STATEMENTS ITEMS b.qp&2 A
20×8 :<-,[(@bR
20×7 &cjE+
NDG3mCl
Sales "3!!G=s P
64000 I91pX<NBf
48000 &*G+-cF
-1tdyCez
Cost of sales aZ$$a+
54000 ?/mk FDN
42000 ?
x1"uH
Nhh2P4gH
Net profit dcFqK~
30 +O<0q"E
-20 ]!>ThBMa
Z[.+Wd\)-9
,/.U'{
December 31, 20×8 9m2_zfO[w
December 31, 20×7 aBPaC=g{HO
'xNPy =#
Inventory @w1@|"6vF
16000 *>Z|!{bI
12000 3Lxk7D>0c
O[p;IG`
Current assets B]PTe~n^
60000 `={s*^Ta
50000 '4PAH2&n
'qTMY*
Total assets 5xZ *U
100000 !/4f/g4Ze
90000 H].G%,2'
=-M)2&~L~
Current liabilities Nw'3gJ:
20000 7m;2M]BRi
18000 ]w _,0q
&9CKI/K:
Total liabilities qp(F}@
30000 39;Z+s";
25000 ={9G.%W
oE+s8Q
=e7,d$i
During the audit, John has the following findings: ICNS+
KsI
(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: o0- 7# 2
Dr. Cash in Bank RMB 5820000 \Vis
Dr. Financial Expenses RMB 180000 {;(X#vK}9
Cr. Notes Receivable RMB 6000000 xF)AuGdp\
(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: NIeKS_ +
Dr. Non-operating Expenses RMB 3000000 ^(ks
^<}
Cr. Provisions RMB 3000000
M\wIpRD,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 a:jRQ-F)
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: m1 78S3
Dr. Provisions RMB 3000000 Sd;/yC 8
Cr. Cash in Bank RMB 2500000 Vp
$]
Cr. Non-operating Income RMB 500000 :uZfdu
Required: 7s%DM6li 6
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. (7RxCo=X
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: !F0MLvdX7^
(a)Inventory Turnover Rate in 20×8; %?^T^P
(b)Gross Profit Ratio in 20×8; zr9o
(c)After Tax Return on Total Assets in 20×8; and +w Oa
(d)Current Ratio as at December 31, 20×8 T`g.K6$b
(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. )u7*YlU\I
【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。 b _fI1f|
以下是未经审计财务报表的部分信息: .xT8@]
(单位:千元) -Iz&/u*}f
项目 20×8 20×7 z`-?5-a]I
营业收入 64 000 48 000 W G2 E3y
营业成本 54 000 42 000 ![WX -"lW
净利润 30 -20 ?45 kN=%*s
so|5HR|
20×8年12月31日 20×7年12月31日 iw<#V&([J
存货 16 000 12 000 i^ 9PiP|U
流动资产 60 000 50 000 !j8h$+:K
总资产 100 000 90 000 ./@!k[
流动负债 20 000 18 000 LTu
c s}
总负债 30 000 25 000 v\*43RL
在审计过程中,约翰发现以下事项: SCk2D!u
(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: 3 $;6pY
借:银行存款5 820 000 @sly-2{e1
财务费用 180 000 RQI
? \?o
贷:应收票据6 000 000 H{'<v|I
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: }7CMXw
[
借:营业外支出 3 000 000 4l2i'H
贷:预计负债 3 000 000 ;aBK4<-vl
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Evkb`dU3n
借:预计负债 3 000 000 Ghgx8 ]e
贷:银行存款 2 500 000 !3>(fj+QS
营业外收入 500 000 ._m+@Uy]H}
要求: W=M`Bkw{
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 |p J)w
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: <,d .`0:y
(a)20×8年存货周转率 mLU4R Q}5
(b)20×8年销售毛利率 Ktg{-Xl
(c)20×8年总资产净利率 3v
Pb}
(d)20×8年12月31日的流动比率 d3h2$EDD
(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) o{yEF1,c\
【答案】 M:|Z3p K
(1)应选择营业收入作为计算重要性水平的基础。 *6~ODiB
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 43pQFDWa
Z~{0XG\Y
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ~dfc
销售毛利率=(64000-54000)/64000×100%=15.63% [-!
总资产净利率=30/[(100000+90000)/2]=0.03% vCT5do"C&
流动比率=60000/20000=3 LZm6\x
(3) y0qrl4S)v
a.应建议做如下审计调整分录: S!qJqZ<Bv
借:应收票据 6 000 000 LtKiJ.j?A
贷:短期借款 5 820 000 W
HO;;j
财务费用 180 000 {dJC3/Rf
b.应建议做如下审计调整分录: AOQimjW9a
借:预计负债 3 000 000 x\r7q
贷:营业外支出 500 000 6Y6DkFdvrZ
其他应付款 2 500 000 @cdd~9w