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)。 +"sjkdum1
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: cRR[ci34k
(Expressed in RMB thousands) SJseP_-
FINANCLAL STATEMENTS ITEMS *En29N#a{
20×8 O\3
Lx
20×7 JEw+5MO@
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Sales y4@zi "G
64000 Ri<7!Y?l
48000 4
AIo,{(
\wJ2>Q
Cost of sales u-8b,$@Z>'
54000 jOkc'
42000 3/aK#TjK
&:>3tFQSH
Net profit 2HNAB4E
30 n7|8`?R^
-20 uW%(ySbq
Li'>pQ+
e9LP!"@EY
December 31, 20×8 S7B7'[ru
December 31, 20×7 +:IwP
0[# zn
Inventory
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16000 ifXGH>
C
12000 f3>L/9[[<P
9wTN*y
Current assets "jUM}@q5
60000 ;u(#-C2^{l
50000 7R4t%^F
EbfE/_I
Total assets `{Jo>L.
100000 .jXD0~N8q
90000 '%H\k5^
r_x|2 AoO
Current liabilities s|`Z V^R
20000 #`HY"-7m_
18000 ~6Xr^An/Z
j`D%
Wx_
Total liabilities mTj?W$+r
30000 5LX%S .CW
25000 s3/iG37K
f@j )t%mh
zao=}j?
During the audit, John has the following findings: j; MQ_?"iN
(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: l%_r 3W
Dr. Cash in Bank RMB 5820000 t=;P1d?E;
Dr. Financial Expenses RMB 180000 4:I'zR5
Cr. Notes Receivable RMB 6000000 HM]mOmL90N
(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: G%HuB5:u
Dr. Non-operating Expenses RMB 3000000 '!DS3zEeLS
Cr. Provisions RMB 3000000 F"ua`ercI
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 = pCO1<wR
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: /$U<S"
Dr. Provisions RMB 3000000 m ]h<y
Cr. Cash in Bank RMB 2500000 W]CsKN,K
Cr. Non-operating Income RMB 500000 8Y,imj\(v
Required: uxOeD%Z>
(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. BN~g
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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: ,J4rKGG
(a)Inventory Turnover Rate in 20×8; W^k|*Y|
(b)Gross Profit Ratio in 20×8; +V `*
(c)After Tax Return on Total Assets in 20×8; and iD${7
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(d)Current Ratio as at December 31, 20×8 c-y`Hm2"
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. bzWWW^kNL
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 fZtuP1-4
以下是未经审计财务报表的部分信息: 1EemVZdY
(单位:千元) 1!=^mu8
项目 20×8 20×7 I^l\<1"]
营业收入 64 000 48 000 V#,jUH|
营业成本 54 000 42 000 )j+G4
净利润 30 -20 8W2oGL6
NVX @1}
20×8年12月31日 20×7年12月31日 k^#+Wma7
存货 16 000 12 000 o()No_.8H
流动资产 60 000 50 000 \0fk^
总资产 100 000 90 000 *A([1l&]i
流动负债 20 000 18 000 0}3Xry,{
总负债 30 000 25 000 NiSH$MJ_
在审计过程中,约翰发现以下事项: O63:t$Yx#
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: m>9j dsqB
借:银行存款5 820 000 aCF
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财务费用 180 000 *hIjVKTu79
贷:应收票据6 000 000 skP'- ^F~
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: mv{bX|
.
借:营业外支出 3 000 000 60#eTo?}o
贷:预计负债 3 000 000 ~zYk,;m
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录:
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借:预计负债 3 000 000 61W[
贷:银行存款 2 500 000 T9\G,;VQ7/
营业外收入 500 000 =mYwO=:D
要求: '\% Kd+k
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 4q )+nh~s
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: +`f3_Xd
(a)20×8年存货周转率 ]ne
(b)20×8年销售毛利率 n+57# pS7
(c)20×8年总资产净利率 7V2xg h!W
(d)20×8年12月31日的流动比率 rHp2I6.0a
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) )wNcz~
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【答案】 dT7!+)s5-
(1)应选择营业收入作为计算重要性水平的基础。 Fv-~v&
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 P$zhMnAAN
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 lw43|_'G-t
销售毛利率=(64000-54000)/64000×100%=15.63% uI\6":/u
总资产净利率=30/[(100000+90000)/2]=0.03% `hf
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流动比率=60000/20000=3 `t#9
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(3) ;~GBD]
a.应建议做如下审计调整分录: <!q_
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借:应收票据 6 000 000 ]@uuB\u
贷:短期借款 5 820 000 4x-K0
财务费用 180 000 9/h[(qvT
b.应建议做如下审计调整分录: Om(Ir&0
借:预计负债 3 000 000 w/e?K4
贷:营业外支出 500 000 ,Bs/.htQj
其他应付款 2 500 000 ]oLyvG