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)。 ne61}F"E
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: jc[_I&Oc_
(Expressed in RMB thousands) M2x["
FINANCLAL STATEMENTS ITEMS l\AMl
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20×8 X{n- N5*
20×7 E
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u<q :$
Sales ;@,Q&B2eM
64000 p(xC*KWB
48000 ?&LZB}1
R
)k&a}u5y
Cost of sales u~
~R9.
54000 a07@C
42000 )VCzn~uf
.@-9'<K?~
Net profit Nw& !}#m
30
CycUeT
-20 )b<k#(i@#
_rV 5E
,P'P^0qJ
December 31, 20×8 L%v^s4@
December 31, 20×7 |py6pek|
f)c~cJz<q
Inventory 9Suu-A
16000 HkV1sT
12000 lZ8CY
mNf8kwr
Current assets k4qp u=@U
60000 FJ*i\Q/D
50000 E_F5(xSA
kt[:@Nda9
Total assets EM7+VO(
100000 :+{ ?
90000 {GvTfZfp
Am8x
74?
Current liabilities +,:du*C
20000 6:U$w7P0
e
18000 ;fw1
dC=)^(
Total liabilities N=:5eAza
30000 e*(b
25000 {T"0DSV
<APB11
@
)kO=E d
During the audit, John has the following findings: SVjl~U-^
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: pA{ 5V9
Dr. Cash in Bank RMB 5820000 vA$o~?a]/
Dr. Financial Expenses RMB 180000 9ukg }_Hx
Cr. Notes Receivable RMB 6000000 &U+ _ -Ph
(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: 9Rm/V5
Dr. Non-operating Expenses RMB 3000000 Ggh.dZI4
Cr. Provisions RMB 3000000 \MxoZ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Qn ^bVhG+
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: 2=?tJ2E
Dr. Provisions RMB 3000000 b
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Cr. Cash in Bank RMB 2500000
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Cr. Non-operating Income RMB 500000 Lokl2o`
Required: /h
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(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. h25G/`
(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: "MIq.@8ra
(a)Inventory Turnover Rate in 20×8; AamV
ms
(b)Gross Profit Ratio in 20×8; }M1sksk5
(c)After Tax Return on Total Assets in 20×8; and ,>t69 Ad
(d)Current Ratio as at December 31, 20×8
)>D+x5o]
(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. =%zLh<3v
【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。 @&D?e:|!U
以下是未经审计财务报表的部分信息: K^_i%~
(单位:千元) J 5h+s-'
项目 20×8 20×7 -XRn~=5
营业收入 64 000 48 000 "NRDNqj(
营业成本 54 000 42 000 <foCb%$(?
净利润 30 -20 LqdY Qd51
Soie^$
Y
20×8年12月31日 20×7年12月31日 {lth+{&L#
存货 16 000 12 000 tpy>OT$
流动资产 60 000 50 000 Qu,8t8
总资产 100 000 90 000 H+
h07\?
%
流动负债 20 000 18 000 SI:U0gUc
总负债 30 000 25 000 DK0.R]&4(
在审计过程中,约翰发现以下事项: H
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(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: o]IjK
借:银行存款5 820 000 4tSv{B/}
财务费用 180 000 2<mW\$
贷:应收票据6 000 000 rF\"w0J_
(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: $A3<G-4O
借:营业外支出 3 000 000 IrMl:+t\
贷:预计负债 3 000 000 x{NX8lN
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: M MzGd:0b
借:预计负债 3 000 000 i(?,6)9
贷:银行存款 2 500 000 1<ro7A4hK
营业外收入 500 000 Tz2-Bp]h
要求: %gnM(pxl
(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。 s4_/&h
(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: mAk{"65V
(a)20×8年存货周转率 ?Qb<-~~
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(b)20×8年销售毛利率 p;?*}xa
(c)20×8年总资产净利率 PpLU
(d)20×8年12月31日的流动比率 ;,&8QcSVY
(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) 4@.|_
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【答案】 O4<g%.HC6
(1)应选择营业收入作为计算重要性水平的基础。 G8
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 /~4"No@
Av0y?oGH
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 K^r)CCO
销售毛利率=(64000-54000)/64000×100%=15.63% KYJjwXT28W
总资产净利率=30/[(100000+90000)/2]=0.03% CIjZG ?A
流动比率=60000/20000=3 H A}f,),G
(3) `si#aU
a.应建议做如下审计调整分录: Ifk#/d
借:应收票据 6 000 000 >=iy2~Fz ,
贷:短期借款 5 820 000 bslrqUk_`=
财务费用 180 000 H'
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b.应建议做如下审计调整分录: J8y0d1SG
借:预计负债 3 000 000 y}C`&nW[=
贷:营业外支出 500 000 mj?16\
|]
其他应付款 2 500 000 e6=]m#O9