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)。 "H G:by
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: $<ZX};/D
(Expressed in RMB thousands) =602%ef\
FINANCLAL STATEMENTS ITEMS \s~W;m
20×8 <7PtC,74
20×7 Ei}DA=:s
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Sales j<l>+.,
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64000 2B!nLLCp+
48000 8V}c(2m
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Cost of sales %+pXzw`B
54000 JBoo7a1
42000 X(WG:FP27
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Net profit dDm<'30?*v
30 UI8M<
-20 Q'A->I<;_s
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G 8NSBaZe
December 31, 20×8 )%MBo.NL
December 31, 20×7 Nm;ka&'
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Inventory GGLVv)
16000 =%]dk=n?TN
12000 }'@*Ol j
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Current assets ol:_2G2xQ
60000 f3596a
50000 $}\.)^[}
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Total assets H>Fy 2w
100000 -7pZRnv
90000 S
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Current liabilities G7),!Qol
20000 lq%s/l
18000 `q5*VqIhs
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Total liabilities = j}00,WH
30000 T
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25000 ;XTP^W!6f
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During the audit, John has the following findings: sXfx[)T<
(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: ;ga~ae=Fg
Dr. Cash in Bank RMB 5820000 )?_c7
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Dr. Financial Expenses RMB 180000 bF}~9WEa
Cr. Notes Receivable RMB 6000000 XS1>ti|<
(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: 7,(:vjIXd
Dr. Non-operating Expenses RMB 3000000 ey Cg *
Cr. Provisions RMB 3000000 (^6SF>'
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ,m:MI/)p
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: QiZThAe
Dr. Provisions RMB 3000000 \
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Cr. Cash in Bank RMB 2500000 R_Z
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Cr. Non-operating Income RMB 500000 D vK}UAj=
Required: my*/MC^O
(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. xl<Cstr
(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: jmAWto}.
(a)Inventory Turnover Rate in 20×8; D&]SPhX
(b)Gross Profit Ratio in 20×8; evn ]n
(c)After Tax Return on Total Assets in 20×8; and ,I)/ V>u
(d)Current Ratio as at December 31, 20×8
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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. S(rA96n
【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。 ,rG$JCS'KQ
以下是未经审计财务报表的部分信息: ]^.#d
(单位:千元) T
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项目 20×8 20×7 PR.?"$!D{
营业收入 64 000 48 000 5$jKw\FF=
营业成本 54 000 42 000 0P!6
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净利润 30 -20 0h#' 3z<
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20×8年12月31日 20×7年12月31日 =m1B1St 2
存货 16 000 12 000 'KXvn0
流动资产 60 000 50 000 #Ok*Or
总资产 100 000 90 000 j4Lf6aUOX
流动负债 20 000 18 000 oU{m\r
总负债 30 000 25 000 1'}~;?_
在审计过程中,约翰发现以下事项: G#K=n
(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: ~I!7]i]"*?
借:银行存款5 820 000
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财务费用 180 000 !v94FkS>
贷:应收票据6 000 000 i"zWv@1z
(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: 6R#
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借:营业外支出 3 000 000 U?H!:?,C
贷:预计负债 3 000 000 $0{c=r9
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: qL3*H\9N
借:预计负债 3 000 000 UX(#C,qgG
贷:银行存款 2 500 000 1'Kn:I
营业外收入 500 000 N0/DPZX7
要求: VBsS1!g
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 Rsqb<+7
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: #uFP
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(a)20×8年存货周转率 Uln[UK
(b)20×8年销售毛利率 `|Tr"xavf
(c)20×8年总资产净利率 -Vw,9VCF
(d)20×8年12月31日的流动比率 NCd_h<}|6F
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) a B%DIH,
【答案】 aQw?r
(1)应选择营业收入作为计算重要性水平的基础。 n|3ENN
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 :X/j%m*
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 [,$] %|6wt
销售毛利率=(64000-54000)/64000×100%=15.63% 3fM~R+p
总资产净利率=30/[(100000+90000)/2]=0.03% hcwKi
流动比率=60000/20000=3 X >C*(/a
(3) hQPiGIs
a.应建议做如下审计调整分录: hbzU?_}
借:应收票据 6 000 000 mq su8ti
贷:短期借款 5 820 000 1Y\g{A"
财务费用 180 000 27G6C`}
b.应建议做如下审计调整分录: wjQu3 ,Cj
借:预计负债 3 000 000 '$;S?6$eW
贷:营业外支出 500 000 j8L!miv6
其他应付款 2 500 000 -dZ7;n5&_