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)。 Z-|li}lDr
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: ->yeJTsE9
(Expressed in RMB thousands) GH3#E*t+[
FINANCLAL STATEMENTS ITEMS Vf{2dZZ{1
20×8 zd`=Ih2Wx
20×7 )45_]tk>
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Sales $+:(f{Va*
64000 D&[Z;,CHMA
48000 [a8+(
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Cost of sales bx(w:]2
54000 H,>#|F
42000 '>^Xqn
d~[UXQC
Net profit $ly0h
W
30 =FBIrw{w
-20 XN;/
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-fux2?8M
December 31, 20×8 +?e}<#vd'?
December 31, 20×7 ,z66bnjO
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Inventory &] 3:D
16000 <-|SIF
12000 [$2qna2VP
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Current assets >}F? <JB
60000 uJPH~mdW
50000 [~?M/QI9
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Total assets ;?8Iys#
100000 Ve14rn
90000 $j
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Current liabilities slSR=XOG
20000 R ]=SWE}U
18000 =8S}Iat
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Total liabilities s
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30000 )[DpK=[N^p
25000 oYqE*mA
Fd"WlBYy0
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During the audit, John has the following findings: 3"B+xbe=
(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: +UaO<L
Dr. Cash in Bank RMB 5820000 &enlAV'#)O
Dr. Financial Expenses RMB 180000 <`mOU}0)
Cr. Notes Receivable RMB 6000000 4[H,3}p9H
(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*r/u;
Dr. Non-operating Expenses RMB 3000000 QX/]gX
Cr. Provisions RMB 3000000 Nz @8
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 7xR|_+%~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: t>@yv#
Dr. Provisions RMB 3000000 ={xq
NRVd
Cr. Cash in Bank RMB 2500000 g _x\T
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Cr. Non-operating Income RMB 500000 eH
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Required: YUS?]~XC7x
(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. >%i9 oI<)
(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: [EOMCH2Ki
(a)Inventory Turnover Rate in 20×8; q @*UUj@
(b)Gross Profit Ratio in 20×8; 9rWLE6`
(c)After Tax Return on Total Assets in 20×8; and UNY@w=]<
(d)Current Ratio as at December 31, 20×8 V*kzn
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(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. 9T]va]w?#
【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。 Ebbe=4
以下是未经审计财务报表的部分信息: [Z% l.
(单位:千元) 4Qhx[Hv>(
项目 20×8 20×7 5EfY9}dl
营业收入 64 000 48 000 }9FD/
营业成本 54 000 42 000 m^c%]5$
净利润 30 -20 }*ODM6
SZI7M"gf/+
20×8年12月31日 20×7年12月31日 9$EHK
存货 16 000 12 000 ,iohfZz
流动资产 60 000 50 000 XNK
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总资产 100 000 90 000 1y(iE C
流动负债 20 000 18 000 ,^M]yr
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总负债 30 000 25 000 v6KL93
在审计过程中,约翰发现以下事项: TVj1C
(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: <f[9j u
借:银行存款5 820 000 $TFTIk*uU
财务费用 180 000 R$v i!0
贷:应收票据6 000 000 0ZFB4GL
(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: ,$o-C&nC
借:营业外支出 3 000 000 KdS
eCeddW
贷:预计负债 3 000 000 h
F Dze
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 9c:5t'Qt5.
借:预计负债 3 000 000 i~(#S8U4d
贷:银行存款 2 500 000 wiKCr/
营业外收入 500 000 _RgxKp/d
要求: Y<de9Z@
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 enWF7`
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: kaV%0Of]
(a)20×8年存货周转率 -uO%[/h;N
(b)20×8年销售毛利率 \8
g.
(c)20×8年总资产净利率 a_xQ~:H
(d)20×8年12月31日的流动比率 b,zR5R^D;
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) il=?o f\,i
【答案】 h#v L5At
(1)应选择营业收入作为计算重要性水平的基础。 Bfu/9ad
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 o&WRta>VP
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 !Jh*a *I}
销售毛利率=(64000-54000)/64000×100%=15.63% (=6P]~,
总资产净利率=30/[(100000+90000)/2]=0.03% a
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流动比率=60000/20000=3 u;$I{b@M]
(3) cvn-*Sj
a.应建议做如下审计调整分录: Cq
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借:应收票据 6 000 000 BW+qp3 k\
贷:短期借款 5 820 000 yl[2et
财务费用 180 000 p, !1 3X
b.应建议做如下审计调整分录: ks)fQFSbu
借:预计负债 3 000 000 gCjH%=s
贷:营业外支出 500 000 YNuewD
其他应付款 2 500 000 9Kq<\"7Bmz