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)。 ;+-@AYl
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: R #f*QXv
(Expressed in RMB thousands) d#tqa`@~
FINANCLAL STATEMENTS ITEMS \*a7o GyH>
20×8 xYmh{Vc8
20×7 |_6V+/?"?`
|\}&mBR
Sales o"kVA;5<G
64000 {th=MldJ?
48000 (7X|W<xT
kT@m*Etr{
Cost of sales 6%-RKQi
54000 xM+_rU
M|h
42000 h0c
dR
i
9V'ok.B.x
Net profit mRurGaR
30 i]cD{hv
-20 _YK66cS3E/
;c/|LXc\
f]_{4Olk
December 31, 20×8 cD%_+@GaU
December 31, 20×7 u# TNW.
AT:L&~O.
Inventory icrcP ~$A
16000 VxP cC+
12000 7^oO
N+=d
JI3x^[(Z
Current assets ,J$XVvwxF
60000 ?5IF;vk
50000 o){\qhLp
Nc da~h
Q
Total assets =,Zkg(M
100000 1u~CNHm
90000 & FpoMW
>iV2>o _
Current liabilities %&5PZmnW
20000 =#Z+WD-E
18000 ke)}JU^"
c98^~vR]]
Total liabilities C>:,\=y%
30000 /ucS*m:<x
25000 Oxp!G7qfo
{aVRvZH4
6 uTFgSqZ
During the audit, John has the following findings: 'PqKb%B|
(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: "!B\c9q
Dr. Cash in Bank RMB 5820000 z 0}JiW R
Dr. Financial Expenses RMB 180000 Z}AhDIw!G
Cr. Notes Receivable RMB 6000000 J*Q+$Ai~
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: Wt M1nnJp
Dr. Non-operating Expenses RMB 3000000 KaIkO8Dq0
Cr. Provisions RMB 3000000
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 dJ9v/k_
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: K%g_e*"$
Dr. Provisions RMB 3000000 8+,I(+
Cr. Cash in Bank RMB 2500000 2PC:F9dh\
Cr. Non-operating Income RMB 500000 xE5VXYU
Required: iBt<EM]U/
(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. :\]qB&
(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: xFzaVjjP
(a)Inventory Turnover Rate in 20×8; O>
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(b)Gross Profit Ratio in 20×8; 0t?g!
(c)After Tax Return on Total Assets in 20×8; and pt%*Y.)az
(d)Current Ratio as at December 31, 20×8 YD,<]q%
(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. |4j'KM;U
【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。 |%g)H,6c
以下是未经审计财务报表的部分信息: 3De(:c)@
(单位:千元) 6W/uoH=;
项目 20×8 20×7 ;r BbLM`
营业收入 64 000 48 000 A
D%9;KQ8
营业成本 54 000 42 000 v[\Z^pccgj
净利润 30 -20 =X;h _GQ
hEA;5
-m
20×8年12月31日 20×7年12月31日 HLX#RQ
存货 16 000 12 000 rM`z2*7%d
流动资产 60 000 50 000 m^o?{
(K
总资产 100 000 90 000 fP/;t61Z
流动负债 20 000 18 000 ~hb;kc3
总负债 30 000 25 000 "uP~hFA7M
在审计过程中,约翰发现以下事项: {yFMY?6rf
(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: +TC##}Zmb
借:银行存款5 820 000 U.Fs9F4M #
财务费用 180 000 Ww0dU _
贷:应收票据6 000 000 i.0d>G><@
(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: N *,[(q
借:营业外支出 3 000 000 jG%J.u^k
贷:预计负债 3 000 000 Rxq4Diq5k
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: [
e#[j{
借:预计负债 3 000 000 pN{XGkX.
贷:银行存款 2 500 000 TPA*z9n+B
营业外收入 500 000 o0_H(j?
要求: ;o?o92d
(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。 }\QXPU{UVd
(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: 6Z5$cR_vC7
(a)20×8年存货周转率 Jow{7@FG
(b)20×8年销售毛利率 iSNbbu#
(c)20×8年总资产净利率 GA"vJFQ
(d)20×8年12月31日的流动比率 zbJ}@V
(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) Xb@dQRVX
【答案】 \rY\wa
(1)应选择营业收入作为计算重要性水平的基础。 ^ f[^.k$3d
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 YbF}>1/"
;!j/t3#a
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 +4F; m_G6
销售毛利率=(64000-54000)/64000×100%=15.63% N}Or+:"O:q
总资产净利率=30/[(100000+90000)/2]=0.03% #V.u[:mO
流动比率=60000/20000=3 ddY-F
}z~
(3) g,B@*2Uj
a.应建议做如下审计调整分录: 44pVZ5c
借:应收票据 6 000 000 SC--jhDZ
贷:短期借款 5 820 000 M hjIE<OI=
财务费用 180 000 ]/|DCxQ
b.应建议做如下审计调整分录: 1U(!%},
借:预计负债 3 000 000 v}=pxWhm
贷:营业外支出 500 000 Y
m#io]
其他应付款 2 500 000 PHMp,z8