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)。 7N=VVD~!b
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: &bu`\|V
(Expressed in RMB thousands) $m
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FINANCLAL STATEMENTS ITEMS mLA$F4/K
20×8 /loNOutw
20×7 Vs"Q-?
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Sales
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64000 (OJ9@_fgG[
48000 |JQKxvjT
L-gF$it\*b
Cost of sales )!72^rl
54000 W<7Bq_L[|
42000 nzl,y,
Zotv] P2k
Net profit _'
a4I;
30 rdg1<Z
-20 %&(\dt&R1h
"ZW*O{
S-|$sV^cG
December 31, 20×8 =@l5He.]&
December 31, 20×7 x%&V!L
}C#d;JC
Inventory _nq n|
16000 Q NEaj\
12000 r :-WfDz.
S3cQC`^
Current assets J?$uNl
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60000 >UH=]$0N
50000 (6'Hzl^ Kp
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Total assets TA7w:<
100000 s:P-F0q!&
90000 2eYkWHi
k{62UaL.
Current liabilities *A`^ C
20000 e~dU "
18000 6}2Lt[>O
Mla,"~4D5
Total liabilities +P.I
r
30000 !<ucwWY,
25000 >=Veu; A
r$zXb9a|<
-tZb\4kh
During the audit, John has the following findings: 0@;E8^pa
(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: c7_b^7h1
Dr. Cash in Bank RMB 5820000 u}_q'=<\
Dr. Financial Expenses RMB 180000 dtm@G|Ij
Cr. Notes Receivable RMB 6000000 S)?B
I
(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: St<\qC
Dr. Non-operating Expenses RMB 3000000 UqbE
Cr. Provisions RMB 3000000 uc8>B&B%
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Uz_{jAhW]
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: 0c)19Ig
Dr. Provisions RMB 3000000 _qfdk@@g
Cr. Cash in Bank RMB 2500000 d"a`?+(Q
Cr. Non-operating Income RMB 500000 4 @h6|=
Required: lM]7@A
(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. ga1RMRu+
(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: :T2K\@
(a)Inventory Turnover Rate in 20×8; ^m\n[<x
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(b)Gross Profit Ratio in 20×8; ruVm8BO
(c)After Tax Return on Total Assets in 20×8; and O.!?O(
(d)Current Ratio as at December 31, 20×8 1Mqz+@~11
(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. 1Cthi[
B
【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。 ?(N(8)G1
以下是未经审计财务报表的部分信息: ]up:pddIh
(单位:千元) &Jz%L^
项目 20×8 20×7 r&w>+KIt
营业收入 64 000 48 000 3.Qwn.
营业成本 54 000 42 000
5k @k
净利润 30 -20 h fNBWN
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$AB "
20×8年12月31日 20×7年12月31日 $: -Ptm@
存货 16 000 12 000 LT!4pD:
a
流动资产 60 000 50 000 2C>PxA6l
总资产 100 000 90 000 ~2H)#`\ac8
流动负债 20 000 18 000 l6RJour
总负债 30 000 25 000 (1R,
在审计过程中,约翰发现以下事项: >r3Wo%F'
(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: _IGQ<U <
z
借:银行存款5 820 000 mtp[]
财务费用 180 000 pn)5neX{
贷:应收票据6 000 000 ;J<kG@
(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: ~![R\gps
借:营业外支出 3 000 000 RV~w+%f
贷:预计负债 3 000 000 h$3Y,-4
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 4V=dD<3m
借:预计负债 3 000 000 _ h
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贷:银行存款 2 500 000 -$*YN{D+
营业外收入 500 000 !&X}?NK
要求: PGJ?=qXr#
(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。 OTzh=Z^r
(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: [Gu]p&
(a)20×8年存货周转率 r\yj$Gu>(
(b)20×8年销售毛利率 8d]=
+n!
(c)20×8年总资产净利率 6Rso}hF}}
(d)20×8年12月31日的流动比率 <[*s%9)'9
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) F4@h}T5)
【答案】 dM)fr
(1)应选择营业收入作为计算重要性水平的基础。 +`ZcYLg)#
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 5 p750`n
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 R8axdV9(
销售毛利率=(64000-54000)/64000×100%=15.63% N$.''D?7D
总资产净利率=30/[(100000+90000)/2]=0.03% ?/O+5rjA
流动比率=60000/20000=3 e3[N#ryt
(3) Z)HQlm
a.应建议做如下审计调整分录: mZORV3bN
借:应收票据 6 000 000 #3.\}d)
贷:短期借款 5 820 000 Z0x N9S
财务费用 180 000 45#`R%3
b.应建议做如下审计调整分录: lA{Sr0fTP
借:预计负债 3 000 000 6(wpf^br2
贷:营业外支出 500 000 UO</4WJ
其他应付款 2 500 000 U*zjEY:A