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)。 Caj H;K\
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: vUbgSI
(Expressed in RMB thousands) olQP>sa
FINANCLAL STATEMENTS ITEMS C1f$^N
20×8 |s/Kb]t
20×7 m#W XZr
r[ k
Sales a :*N0
64000 r Yt|[Pk
48000 _}47U7s8
$'CS/U`E}
Cost of sales uy2~<)
54000 DW,ERQ^
42000 F\&wFA'J
7@ONCG
Net profit nnhI]#,a{
30 uDG>m7(}/h
-20 l$!ExXEZO;
:-59~8&
=W')jKe0
December 31, 20×8 !lg_zAV
December 31, 20×7 9?sY!gXc
XC<'m{^(m
Inventory :s+?"'DP
16000 hy#nK:B
12000 ? .B t.
s w>B
Current assets LR.]&(kyd
60000 jXmY8||w
50000 l-r$czY
V&j]*)
Total assets g3'dkS!
100000 }Uj-R3]}K
90000 t^Bs3;E^
H;a) `R3
Current liabilities }t(5n $go6
20000 C+!=C{@7di
18000 yo_zc<
IV1O/lGp
Total liabilities )RFY2}
30000 d$\n@}8eZp
25000 x/]G"?Uix
KJ&I4CU]^
Z! /_H($
During the audit, John has the following findings: WUYU\J&q3
(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: AWFq5YMSI
Dr. Cash in Bank RMB 5820000 !+Cc^{
Dr. Financial Expenses RMB 180000 k=d_{2 ~
Cr. Notes Receivable RMB 6000000 fZap\
(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: iX2exJto
Dr. Non-operating Expenses RMB 3000000 [KGj70|~
Cr. Provisions RMB 3000000 !RLXB$@`
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ]n1#8T&<*z
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: `\z )EoI
Dr. Provisions RMB 3000000 =<(6yu_
Cr. Cash in Bank RMB 2500000 /3Y"F"`M.
Cr. Non-operating Income RMB 500000 H_8PK$c;
Required: 6L~5qbQ
(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. "kc%d'c(
(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|$tQgY^
(a)Inventory Turnover Rate in 20×8; {J)gS
(b)Gross Profit Ratio in 20×8; ,{ 0&NX
(c)After Tax Return on Total Assets in 20×8; and R-iWbLD
(d)Current Ratio as at December 31, 20×8 dZkKAK:v
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. R Ee~\n+P^
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 %
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以下是未经审计财务报表的部分信息: (3x2^M8
(单位:千元) AKLFUk
项目 20×8 20×7 `]6W*^'PD
营业收入 64 000 48 000 M_$;"NS+}
营业成本 54 000 42 000 hG<W*g
净利润 30 -20 W`#E[g?]
HD$r<bl
20×8年12月31日 20×7年12月31日 >Wd=+$!I
存货 16 000 12 000 Ly`.~t(~l
流动资产 60 000 50 000 +*qTZIXj
总资产 100 000 90 000 5
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流动负债 20 000 18 000 ?6\A$?
总负债 30 000 25 000 !_>/ r
在审计过程中,约翰发现以下事项: .`D$.|!8g
(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: -q-BP}r3
借:银行存款5 820 000 Y!u">M#@
财务费用 180 000 SrWmV@"y
贷:应收票据6 000 000
|M?VmG/6
(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: apxq] !
`
借:营业外支出 3 000 000 TuwSJS7
贷:预计负债 3 000 000
k^UrFl
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: ,0,&
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借:预计负债 3 000 000 ;,KT+!H$
贷:银行存款 2 500 000 #zn`)n
营业外收入 500 000 nl-tJ.MU"
要求: 8Sf}z@~]
(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。 '<C#
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(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: O~Dm|hP
(a)20×8年存货周转率 %yVP@M
(b)20×8年销售毛利率 TDR#'i
(c)20×8年总资产净利率 {4R;C~E8
(d)20×8年12月31日的流动比率 2F,?}jJ.K
(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) ,{RWs^W2
【答案】 EF6"P
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(1)应选择营业收入作为计算重要性水平的基础。 6se[>'5
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Zq/=uB7Z
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ;ejtP #$
销售毛利率=(64000-54000)/64000×100%=15.63% *U,W4>(B
总资产净利率=30/[(100000+90000)/2]=0.03% C !Lu`y
流动比率=60000/20000=3 ?+{qmqN
(3) b~rlh=(o#_
a.应建议做如下审计调整分录: Xr|e%]!**
借:应收票据 6 000 000 >ufN[ab
贷:短期借款 5 820 000 d^aLue>g;+
财务费用 180 000 LtDGu})1
b.应建议做如下审计调整分录: A LR`z~1
借:预计负债 3 000 000 c=:A/z{
贷:营业外支出 500 000 s(Fxi|v;
其他应付款 2 500 000 LaIH3!M3