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)。 ~\~K,v
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: T nG=X:+=
(Expressed in RMB thousands) jWL;ElM'
FINANCLAL STATEMENTS ITEMS uEPdL':}2
20×8 G)'(%rl
20×7 4RXF.kJ3=
G8E=E<Yg~
Sales _YM]U`*
64000 ^w*$qz
ESy
48000 o}4J|@Hi|4
Hg}@2n)/
Cost of sales 1FQ_`wF4
54000 $NG|z
0
42000 5o dtYI%L
[hT|]|fJS;
Net profit f/Q7WXl0
30 V\(p6:1(6K
-20 f<T"# G$5
gvx
{;e
C@8WY
December 31, 20×8 Rw9 *!<Izt
December 31, 20×7 D^%DYp
lh?TEQ
Inventory 9/x_p;bI
16000 a' pJg<
12000 4H\+vJPM
9:l@8^_o
Current assets mI$3[ #+
60000 ,9:0T LLR
50000 `mfN3Q*[c
\HsrUZ~
Total assets gU^2;C
100000 )]?"H
90000 vid
(^2+
%wD<\ XRM
Current liabilities s{]2~Z^2od
20000 iA[WDB\|0
18000 oy)'w
b~
[qEd`8V(
Total liabilities QNzx(IV@
30000
h'_@
25000 a &89K
XtV=Gr8"
Dm.tYG
During the audit, John has the following findings: 'n)]"G|
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: u9 yXHf
Dr. Cash in Bank RMB 5820000 34$qV{Y%y
Dr. Financial Expenses RMB 180000 oNfNe^/T
Cr. Notes Receivable RMB 6000000 @4Ox$M
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: @6roW\'$
Dr. Non-operating Expenses RMB 3000000 =
+=k(*
Cr. Provisions RMB 3000000 v^;%Fz_Dr
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 B[I
a8t
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: xqua>!mqS
Dr. Provisions RMB 3000000 ,X2CV INb}
Cr. Cash in Bank RMB 2500000 v_zVhEtY
Cr. Non-operating Income RMB 500000 EZ.|6oug\
Required: kZsat4r
(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. k7\h- yn{
(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: VZ:LK
(a)Inventory Turnover Rate in 20×8; jnl3P[uQ
(b)Gross Profit Ratio in 20×8; *:*Kdt`'G
(c)After Tax Return on Total Assets in 20×8; and }Z~& XL=
(d)Current Ratio as at December 31, 20×8 _qPd)V6yb
(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. !M[a/7x,p
【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。 h!"|Q"18
以下是未经审计财务报表的部分信息: ;3D[[*n9
(单位:千元)
V_SZp8
项目 20×8 20×7 jo-qP4w
营业收入 64 000 48 000 Ba9le|c5
营业成本 54 000 42 000 ?1f(@
净利润 30 -20 `V;vvHP A
wV9[Jl\Z
20×8年12月31日 20×7年12月31日 lAM"l)Ij
存货 16 000 12 000 B tZycI
流动资产 60 000 50 000
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总资产 100 000 90 000 oA _,jsD4
流动负债 20 000 18 000 42Gv]X
总负债 30 000 25 000 d4h,
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在审计过程中,约翰发现以下事项: ;LBq!
(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;o\UU
借:银行存款5 820 000 /kAu&}
财务费用 180 000 $YmD;
贷:应收票据6 000 000 YXR%{GUP[
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: Lb'HM-d
借:营业外支出 3 000 000 1i.t^PY
贷:预计负债 3 000 000 2f8Cs$Opb
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: Rr#vv
借:预计负债 3 000 000 ~[por
贷:银行存款 2 500 000 \>@'wl
营业外收入 500 000 k_2W*2'S
要求: Dt9[uyP&
(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。 ZkyH<Aa
(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: xlqh,?'>W
(a)20×8年存货周转率
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(b)20×8年销售毛利率 QzwA*\G
(c)20×8年总资产净利率 Z.Sq5\d
(d)20×8年12月31日的流动比率 y8$TU;
(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) pM
B~Lt9
【答案】 FE)L?
(1)应选择营业收入作为计算重要性水平的基础。 xJvM
l`2;
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 !;YmLJk;hN
vsjl8L
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Btmv{'T_y@
销售毛利率=(64000-54000)/64000×100%=15.63% a-t}L{~
总资产净利率=30/[(100000+90000)/2]=0.03% =)B@ `"
流动比率=60000/20000=3 m#E%,
rT
(3) *E Z'S+wR
a.应建议做如下审计调整分录: v Kzq7E
借:应收票据 6 000 000 FM c9oyU~
贷:短期借款 5 820 000 `dH[&=S
财务费用 180 000 SWX;sM
b.应建议做如下审计调整分录: 2Mc}>UI?eO
借:预计负债 3 000 000 5z8!Nmb
/
贷:营业外支出 500 000 PQmgv&!DP
其他应付款 2 500 000 7>g^OE f