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)。 6a]f&={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: *!]Epb
(Expressed in RMB thousands) ICCCCG*[
FINANCLAL STATEMENTS ITEMS Qv0>Pf
20×8 0tm_}L$g=b
20×7 AzO3 (1:
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Sales ZYR,8 y
64000 h}`&]2|]
48000 M
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Cost of sales _l!U[{l*d
54000 B,vHn2W
42000 %Di7u- x
=PKt09b^
Net profit v(@+6#&
30 m wEVEx24
-20 S,Wl)\
iWN.3|r
OwiWnS<
December 31, 20×8 Z_V&IQo-7
December 31, 20×7 QV'3O|
Y6<0%
Inventory sx( l
16000 ^W[B[Y<k
12000 +ersP@G
)_Xxk_
Current assets IJ_'w[k
60000 =M
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50000 MY?O/,6
8A8xY446)
Total assets Tu=eQS|'
100000 !: EW21m
90000 V>>) 7E:Q
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Current liabilities M~z(a3@[V
20000 Q9eYF-+
18000 9B#)h)h(=
g=oeS%>E
Total liabilities )0n29
30000 qD$GKN
.
25000 @u"kX2>Eq
R(/[NvUb
Bgk~R.l
During the audit, John has the following findings: @q{:Oc^
(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: ^aD/
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Dr. Cash in Bank RMB 5820000 VO @
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Dr. Financial Expenses RMB 180000 z%}CBTm
Cr. Notes Receivable RMB 6000000 B'KXQa-$O
(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*%f%
Dr. Non-operating Expenses RMB 3000000 }/7.+yD
Cr. Provisions RMB 3000000 0+n&BkS'
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 e"o6C\c
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: VeD+U~ d
Dr. Provisions RMB 3000000 nv_m!JG7
Cr. Cash in Bank RMB 2500000 @;m@Luk
Cr. Non-operating Income RMB 500000 l?@MUsg+
Required: hk7(2j7B
(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.
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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: -
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(a)Inventory Turnover Rate in 20×8; ^:cb
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(b)Gross Profit Ratio in 20×8; BYr_Lz|T
(c)After Tax Return on Total Assets in 20×8; and L.IoGUxD
(d)Current Ratio as at December 31, 20×8 W>q*.9}Y"
(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. e}](6"t`5
【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。 &e HM#as
以下是未经审计财务报表的部分信息: ~C/Yv&58
(单位:千元) c#\ah}
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项目 20×8 20×7 1IOo?e=/bM
营业收入 64 000 48 000 =qV4Sje|q
营业成本 54 000 42 000 IFC%%It5,
净利润 30 -20 VW{aUgajO
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20×8年12月31日 20×7年12月31日 )tN?: l
存货 16 000 12 000 "q9~C
流动资产 60 000 50 000 !7mvyc!'!
总资产 100 000 90 000 t`<}UWAH+
流动负债 20 000 18 000 (<]\,pP0_
总负债 30 000 25 000 Lo|NE[b:G
在审计过程中,约翰发现以下事项: v2M
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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: XI@6a9Uk
借:银行存款5 820 000 RI[7M (
财务费用 180 000 PmPyb>HK=P
贷:应收票据6 000 000 ibZt2@GB)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: t-*VsPy
借:营业外支出 3 000 000 pIID=8RJ.
贷:预计负债 3 000 000 .q5J^/kr
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: ]^yV`
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借:预计负债 3 000 000 !F0rd9
贷:银行存款 2 500 000 Gsds!z$
营业外收入 500 000 #/n|@z'
要求: L~*|,h
(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。 z9k*1:
(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:
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(a)20×8年存货周转率 Z-^uM`],G
(b)20×8年销售毛利率 X[GIOPDx
(c)20×8年总资产净利率 N5q}::Odc
(d)20×8年12月31日的流动比率 71k!k&Im
(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) Fe_::NVvk
【答案】 qy7hkq.uX
(1)应选择营业收入作为计算重要性水平的基础。 4c5^7";P
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 7af?E)}v
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 rmY,v
销售毛利率=(64000-54000)/64000×100%=15.63% 7>nhIp))
总资产净利率=30/[(100000+90000)/2]=0.03% .DgoOo%?"
流动比率=60000/20000=3 NqiB8hZ~
(3) 8 *4@-3Sx
a.应建议做如下审计调整分录: b34zhZ
借:应收票据 6 000 000 nwa\Lrh
贷:短期借款 5 820 000 >:w?qEaE
财务费用 180 000 4)3g!o?
b.应建议做如下审计调整分录: A5CdLwk
借:预计负债 3 000 000 Zw;$(="
贷:营业外支出 500 000 ]4Nvh\/P9
其他应付款 2 500 000 l?3vNa FeR