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)。 D3o,2E(o
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: s)-oCT$[
(Expressed in RMB thousands) z
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FINANCLAL STATEMENTS ITEMS V*?cMJ_G
20×8 VF?H0}YSHb
20×7 8V:;HY#
J M`w6}
Sales YmV/[{
64000 B;9,Qbb
48000 a/J<(sak~X
[ws
_ g,/
Cost of sales im>(^{{r&
54000 SzW;Yb"#^k
42000 w#.3na
u
BEwYQB
Net profit * 6}M.`.-
30 Y%
iqSY
-20 =KPmZ ,/w
{ZeY:\G~
e;.,x 5+
December 31, 20×8 l(>6Yq
December 31, 20×7 Pe%[d[k
x{R440"
Inventory -@N-i$!;J
16000 F.vRs|fk
12000 j<^!"_G]*?
^Om}9rXw1
Current assets Zl>SeTjB-
60000 _pdKcE\X
50000 @ m`C%7<
%2 r~
Total assets "
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100000 $LXa]
90000 p$Tk;;wm
iK}p#"si
Current liabilities WDc[+Xyw
20000 LLx0X
O@
18000 zhJeTctRz
SdH=1zBc
Total liabilities //@6w;P
30000 FvsVfV U
25000 H!;N0",]N
do" m=y
l,@>J9}Se
During the audit, John has the following findings: fJ}e
(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: u&~Xgq5[
Dr. Cash in Bank RMB 5820000 v H HgZ
Dr. Financial Expenses RMB 180000 xkSX KR
Cr. Notes Receivable RMB 6000000 vobC/m
(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: J jAxNviG
Dr. Non-operating Expenses RMB 3000000 9^*RK6
Cr. Provisions RMB 3000000 OX"Na2-el
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ,M.C]6YMr
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: hDXTC_^s
Dr. Provisions RMB 3000000 <#0i*PM_
Cr. Cash in Bank RMB 2500000 kff N0(MR
Cr. Non-operating Income RMB 500000 *R6lK&
Required: l!p`g>$&f
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. \;7U:Y$v
(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: +yL; ?+s>=
(a)Inventory Turnover Rate in 20×8; uEgR>X>
(b)Gross Profit Ratio in 20×8; $#=d@Nw_
(c)After Tax Return on Total Assets in 20×8; and t w4,gW
(d)Current Ratio as at December 31, 20×8 JC'3x9_<z
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. j*3;G+
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 SK}jhm
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以下是未经审计财务报表的部分信息: W ^<AUT
(单位:千元) 2|k$Vfz
项目 20×8 20×7 >Tf}aI+
营业收入 64 000 48 000 =z}PR1X!
营业成本 54 000 42 000 H&s`Xr
净利润 30 -20 8~!E.u9w
g1t6XVS$9
20×8年12月31日 20×7年12月31日 "dpjxH=xO
存货 16 000 12 000 qT
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流动资产 60 000 50 000 ~W@dF~r
总资产 100 000 90 000 @!iS`u
流动负债 20 000 18 000 JpXv+V
总负债 30 000 25 000
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j
在审计过程中,约翰发现以下事项: Y1cL dQn
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: wH"9N+82M
借:银行存款5 820 000 |5flvkid
财务费用 180 000 &S="]*Z
贷:应收票据6 000 000 ;Am3eJa*-
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: 4QQt 0u0
借:营业外支出 3 000 000 ij]UAJ}t
贷:预计负债 3 000 000 Mnranhe>G
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: A^aY-V
借:预计负债 3 000 000 u-~ec{oBu
贷:银行存款 2 500 000 H:~bWd'iz
营业外收入 500 000 J@>|`9T9$
要求: hT^&