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)。 zM?JLNs]<{
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: c%Ht;
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(Expressed in RMB thousands) 2@WF]*Z
FINANCLAL STATEMENTS ITEMS t.B%7e
20×8 $8#zPJR&
20×7 Ht#5;c2/
qD:3;85
Sales rxtp?|v9
64000 ,&$=2<Dx
48000 EJ&[I%jU
J5PXmL
Cost of sales g}nlb.b]{m
54000 f%ude@E3
42000 n]G!@-
z
"C 7-^R#
Net profit eglcf z%
30 !U38aHG
-20 td{M%D,R"
4A(kM}uRB
>-fOkOWXy
December 31, 20×8 kx=.K'd5H
December 31, 20×7 qTFktJZw
Om
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Inventory j8kax/*[
16000 W]cJP
12000 _ S%3?Q
I_66q7U"0
Current assets |f+|OZY
60000 wc##'u
50000 b,U"N-6
t3%[C;@wB
Total assets OL|_@Fv`A
100000 7u/_3x1
90000 )`5kfj
GZgu1YR
Current liabilities mZLrU<)Y
20000 rMkoE7n
18000 K
cI'P(
PScq-*^
Total liabilities ir^%9amh
30000 fW^\G2Fk
25000 -7^?40A
zFVNb
e@[9WnxYe
During the audit, John has the following findings: T;/Y/Fd
(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: gaeMcL_^a
Dr. Cash in Bank RMB 5820000 Sb@:ercC,
Dr. Financial Expenses RMB 180000 /.!ytHw8
Cr. Notes Receivable RMB 6000000 ox9$aBjJ
(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: owYf1=G
Dr. Non-operating Expenses RMB 3000000 U1zcJl^
Cr. Provisions RMB 3000000 w6ZyMR,T
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 20glz(
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&830
Dr. Provisions RMB 3000000 w\wS?E4G
Cr. Cash in Bank RMB 2500000 )+
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Cr. Non-operating Income RMB 500000 8BP.VxX
Required: M1(+_W`
(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. V'[Lqe,y
(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: ('yBIb\ue
(a)Inventory Turnover Rate in 20×8; Kgev*xg
(b)Gross Profit Ratio in 20×8; v5J%
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(c)After Tax Return on Total Assets in 20×8; and $#q:\yQsPC
(d)Current Ratio as at December 31, 20×8 uLok0"}
(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. $
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【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。 I9JiH,+
以下是未经审计财务报表的部分信息: 9C;Hm>WEpP
(单位:千元) R%7*
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项目 20×8 20×7 vU5a`0mH
营业收入 64 000 48 000 0K/?8[#
营业成本 54 000 42 000 qfF/X"#0
净利润 30 -20 1CS[%)-c
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20×8年12月31日 20×7年12月31日 pO^g
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存货 16 000 12 000 3{wr*L1%-~
流动资产 60 000 50 000 FdrH,
总资产 100 000 90 000 JIeKp7;^
流动负债 20 000 18 000 )a:j_jy
总负债 30 000 25 000 C*O648yz[
在审计过程中,约翰发现以下事项: ;IklS*p]
(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: pv/LTv
借:银行存款5 820 000 rl#[HbPM
财务费用 180 000 9ure:Dko(Y
贷:应收票据6 000 000 WO
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(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: G's
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借:营业外支出 3 000 000 i-6,r [<
贷:预计负债 3 000 000 z@WuKRsi
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: v]`}T/n
借:预计负债 3 000 000 hEG-,
贷:银行存款 2 500 000 N!O.=>8<
营业外收入 500 000 NI(fJ%U
要求: >GR L5Iow
(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。 kJ^)7_3
(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: {R`,iWV
(a)20×8年存货周转率 ARcPHV<(2
(b)20×8年销售毛利率 h!c6]D4!L
(c)20×8年总资产净利率 P(H,_7 4
(d)20×8年12月31日的流动比率 y]1:IJL2;
(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) CHeU`!:
【答案】 E:EXp7
(1)应选择营业收入作为计算重要性水平的基础。
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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。 Dm=d
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 zGm#erE
销售毛利率=(64000-54000)/64000×100%=15.63% <Q-Y$
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总资产净利率=30/[(100000+90000)/2]=0.03% .23z\M8
-
流动比率=60000/20000=3 >FrF"u:kM
(3) %O9kq
a.应建议做如下审计调整分录: h>s|MZQ:*
借:应收票据 6 000 000 m(~5X0
贷:短期借款 5 820 000 >
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财务费用 180 000 'A#`,^]uLF
b.应建议做如下审计调整分录: z:Sr@!DZ
借:预计负债 3 000 000 8|:bis~wm
贷:营业外支出 500 000 () l#}H`m
其他应付款 2 500 000 1h.Ypzu