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)。 v@=qVwX
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: C-y MWr
(Expressed in RMB thousands) ooVs8T2
FINANCLAL STATEMENTS ITEMS xxur4@p!
20×8 ;eYG\uKC{
20×7 '{ _ X1
e#*3X4<\K
Sales 7+P;s,mi7
64000 hVF^"$
48000 wOf8\s1
<L]Gk]k_R
Cost of sales /9pxEidVAS
54000 #Nh'1@@
42000 a^%)6E.[,
w1tM !4r
Net profit J1G}l5N
30 q SNCBn '
-20 dx@dnWRT,
NA0nF8ek
q}t]lD
%C
December 31, 20×8 z,aMbgt
December 31, 20×7 |*c1S
-#
r!&174DSR1
Inventory $E@n;0P
16000 z6R|
1L 1
12000 ~P'.R.e
jC'h54,Mr
Current assets un 5r9
60000 \ivxi<
SR
50000 rn|]-^ku/
!i torSl
Total assets +;~N; BT
100000 c]uieig0~
90000 7Y8~")f
g[(@@TiG
Current liabilities e6taQz@}
20000 BaQyn 6B
18000 :6Nb,Hh~
D\THe-Vtr
Total liabilities `^[k8Z(
30000 qKD
25000
Tow
=B
2 q4p-
t)
&U'^
During the audit, John has the following findings: gL_1~"3KGC
(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: 1O`V_d)
Dr. Cash in Bank RMB 5820000 v7"VH90`!
Dr. Financial Expenses RMB 180000 /Z6lnm7wJ
Cr. Notes Receivable RMB 6000000 <W#G)c0
(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: -*k2:i`
Dr. Non-operating Expenses RMB 3000000 ~s+vJvWz
Cr. Provisions RMB 3000000 q5_zsUR=
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 |N`0G.#
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: *,z/q6
Dr. Provisions RMB 3000000 TO.b-
;
Cr. Cash in Bank RMB 2500000 X\m\yv}}
Cr. Non-operating Income RMB 500000 Sh(ys*y>
Required: + Tp% *
(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. >+J}m
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(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: AAQ!8!
(a)Inventory Turnover Rate in 20×8; f5*qlQJFz\
(b)Gross Profit Ratio in 20×8; CK[8y&
(c)After Tax Return on Total Assets in 20×8; and NfClR HpVc
(d)Current Ratio as at December 31, 20×8 ycBgr,Ynu<
(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. 7y=O!?*
【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。 ^y@
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以下是未经审计财务报表的部分信息: @/^<9
(单位:千元) ?xqS#^Z
项目 20×8 20×7 a=}1`Q
营业收入 64 000 48 000 7"'RE95
营业成本 54 000 42 000 Zp7Pw
净利润 30 -20 q~}oU5
7K.75%}
20×8年12月31日 20×7年12月31日 JH\:9B+:L
存货 16 000 12 000 y7>3hfn~w
流动资产 60 000 50 000 cjN)3L{
总资产 100 000 90 000 +%XByY5
流动负债 20 000 18 000 71@eJQ
总负债 30 000 25 000 ![%wM Pp
在审计过程中,约翰发现以下事项: ,
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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: u9 &$`N_G
借:银行存款5 820 000 "|X'qKS(H{
财务费用 180 000 v's1&
%sM
贷:应收票据6 000 000 :"Xnu%1
(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: #HgNwM
借:营业外支出 3 000 000 [
iTP:8
贷:预计负债 3 000 000 +A?P 4}
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: @.7/lRr@bp
借:预计负债 3 000 000 )>1}I_1j)
贷:银行存款 2 500 000 ]t)N3n6Bc
营业外收入 500 000 F:m6Mf7L
要求: Zy+ERaF|]
(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。 F{jxs/~
(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: y>=Y MD
(a)20×8年存货周转率 y!1X3X,V
(b)20×8年销售毛利率 ZRf9 'UwS
(c)20×8年总资产净利率 A{s-g>s
(d)20×8年12月31日的流动比率 / ]8e[t>!f
(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) 6agq^wI
【答案】 JxinfWk
(1)应选择营业收入作为计算重要性水平的基础。 ]6M<c[H>
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 OpaRQ=
o:{Sws(=
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 XnP?hw%
销售毛利率=(64000-54000)/64000×100%=15.63% T!]rdN!
总资产净利率=30/[(100000+90000)/2]=0.03% 32K& IfV
流动比率=60000/20000=3 iz=cjmV?
(3) x[lIib1s
a.应建议做如下审计调整分录: fJ8>nOh
借:应收票据 6 000 000 _ ]5UuIMl
贷:短期借款 5 820 000 8?82
p
财务费用 180 000 [TA.|7&
b.应建议做如下审计调整分录: UdrgUqq)
借:预计负债 3 000 000 +#,J`fV%
贷:营业外支出 500 000 (xW+* %
其他应付款 2 500 000 </;
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