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)。 e03q9(
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: QvH=<$
(Expressed in RMB thousands) fWywegh
FINANCLAL STATEMENTS ITEMS ^?H3:C
S
20×8 ?_9A`LC*
20×7 &i,xod6$
U1t7XZ3e
Sales /}\EMP
64000 Mg0[PbS
48000 E1'HdOh&z
Eh)PZvH
Cost of sales 2n]Br
54000 {re<S<j&
42000 {]/}3t
=r=YV-D.
Net profit e:E:"elr]
30 >'^Tp7\
-20 %(IkUD
Quy&CV{@
:O}= $[
December 31, 20×8 \ s8j*
December 31, 20×7 ~5[#c27E9
-lL(:drn
Inventory ^#T@NN0T
16000 /d*0+m8
12000 )
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VL5GX(
Current assets "/e:V-W
60000 g?.ls{H
50000 \YE(E04w57
-s5j^U{h|
Total assets Wp"+\{@)
100000 IvFxI#.ju
90000 ]uN}n;`12
^u@"L
Current liabilities a7+w)]r
20000 X!,2/WT
18000 YL_M=h>P
ALVHKL2
Total liabilities
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30000 ~)XyrKw
25000 1PD{m{
tONX<rA|
]
mhZ{}~
During the audit, John has the following findings: tA2Py
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: zO BLF|L=
Dr. Cash in Bank RMB 5820000
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Dr. Financial Expenses RMB 180000 }w{6Ua
Cr. Notes Receivable RMB 6000000 WZ\bm$
(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: R_IUuz$e
Dr. Non-operating Expenses RMB 3000000 1 !N+hf
Cr. Provisions RMB 3000000 4PtRTb0<i3
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 F7!g+LPc<
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: *E*=
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Dr. Provisions RMB 3000000 9Z.Xo kg
Cr. Cash in Bank RMB 2500000 J?]wA1
Cr. Non-operating Income RMB 500000 {t<E*5N]a
Required: .ME>ICA
(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. AgEX,SPP
(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: $T.u Iq
(a)Inventory Turnover Rate in 20×8; TR;" &'#k
(b)Gross Profit Ratio in 20×8; r%`g` It
(c)After Tax Return on Total Assets in 20×8; and #NU@7Q[4
(d)Current Ratio as at December 31, 20×8 BG>fLp
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. b.mcP@
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 |\/`YRg>
以下是未经审计财务报表的部分信息: F|+Qi BO
(单位:千元) [Dr'
项目 20×8 20×7 -|0nZ
营业收入 64 000 48 000 e"7<&%
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营业成本 54 000 42 000 SlU?,)J}
净利润 30 -20 ,%)O/{p_
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20×8年12月31日 20×7年12月31日 eh\_;2P
存货 16 000 12 000
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流动资产 60 000 50 000 yx0wR
总资产 100 000 90 000 >6Y@8 )
流动负债 20 000 18 000
BK$cN>J
总负债 30 000 25 000 \wMqVRPoQ
在审计过程中,约翰发现以下事项: 4= 7#=F1
(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: }W2FF
借:银行存款5 820 000 *Ubsa9'fS
财务费用 180 000 I+08tX
O
贷:应收票据6 000 000 J,iS<lV_
(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: =VC"X ?N
借:营业外支出 3 000 000 (AYzN3
?D
贷:预计负债 3 000 000 -!o*A>
N
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: |7Dc7p"D
借:预计负债 3 000 000 55Pe&V1=
贷:银行存款 2 500 000 )RUx
营业外收入 500 000 6zbqv 6
要求: ]>vC.iYp
(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。 azhilUD8
(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: M Ewa^
(a)20×8年存货周转率 ^(+ X|t
(b)20×8年销售毛利率 Z
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(c)20×8年总资产净利率 0P_=Oy"l-
(d)20×8年12月31日的流动比率 CvOji1
(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) ttP|}|O
【答案】 1U)U {i7j
(1)应选择营业收入作为计算重要性水平的基础。 #%9t-
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Rb/|ae
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 hkpS}*L9o
销售毛利率=(64000-54000)/64000×100%=15.63% :9H`O!VF
总资产净利率=30/[(100000+90000)/2]=0.03% ylGT9G19
流动比率=60000/20000=3 I K9plsd*
(3) h5)4Z^n
a.应建议做如下审计调整分录: AU$<W"%R
借:应收票据 6 000 000 "xI70c{
贷:短期借款 5 820 000
9q/k,g
财务费用 180 000 &0*7]Wo*
b.应建议做如下审计调整分录: X-
4(oE
借:预计负债 3 000 000 ;W 3#q:
贷:营业外支出 500 000 Wq2Bo*[*
其他应付款 2 500 000 po! [Nd&"