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)。 GvBmh .
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: MJA;P7g
(Expressed in RMB thousands) RB9ZaL\
FINANCLAL STATEMENTS ITEMS K8W99:v
20×8 &W}6Xg(
20×7 '?$R YU,
F+]cFx,/
Sales %R<xe.X
64000 XM)
48000 `PT'Lakf;3
*mkVk7]c
Cost of sales tC5>K9Ed
54000 L+CPT
42000 TU*Y?D
L
(K('@W%\?
Net profit $|N\(}R
30 "H]R\x
p
-20 lMgPwvs'
6 $K@s
dwouw*8
December 31, 20×8 ]QQeUxi
December 31, 20×7 >=86*U~
9TbbIP1
Inventory yG^pND>_df
16000 xkQT#K=i
12000 }tQ^ch; Q
J(SGa Hm@
Current assets [@2$W?0i
60000 DUwms"I,%
50000 xX@9wNYD
"y60YYn-#J
Total assets
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100000 pwRCfR)" X
90000 ]_`ICS
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Current liabilities 5n[''#D
20000 #8$"84&N.
18000 Z FX6iAxd
eCiI=HcW;
Total liabilities V{fG~19
30000 $EL:Jx2<
25000 \}!/z]u
uDLj*U6L
_
j*a5fsPU
During the audit, John has the following findings: h@TP=
(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: {&a6<y#-
Dr. Cash in Bank RMB 5820000 &UNQ4-s
Dr. Financial Expenses RMB 180000 0lOR.}]q
Cr. Notes Receivable RMB 6000000 tO?-@Qf/9<
(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: {w@9\LsU
Dr. Non-operating Expenses RMB 3000000 !3{;oU%*
Cr. Provisions RMB 3000000 lqmr`\@)
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Z@bSkO<Y
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: X|aD>CT
Dr. Provisions RMB 3000000 =2YXh,i
Cr. Cash in Bank RMB 2500000 F,V|In
Cr. Non-operating Income RMB 500000 n:f&4uKoG<
Required: AY;[v.Ff4
(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. 7EVB|gTp
(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: rM?
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(a)Inventory Turnover Rate in 20×8; ;/H/Gn+
(b)Gross Profit Ratio in 20×8; >hzSd@J&
(c)After Tax Return on Total Assets in 20×8; and Mcq!QaO}&
(d)Current Ratio as at December 31, 20×8 4_# (y^9
(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. QP<.~^ao
【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。 n}-
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以下是未经审计财务报表的部分信息: D G|v'#
(单位:千元) C;%dZ
项目 20×8 20×7 !N!AO(Z
营业收入 64 000 48 000 zFQm3 !.
营业成本 54 000 42 000 =\mJ5v"hA
净利润 30 -20 !,
C8
q,> C^p|2b
20×8年12月31日 20×7年12月31日 IVVX3RI
存货 16 000 12 000 @>8{J6%\
流动资产 60 000 50 000
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总资产 100 000 90 000 o' v!83$L
流动负债 20 000 18 000 F%.UpV,
总负债 30 000 25 000 LIKQQ
在审计过程中,约翰发现以下事项: |9p0"#4u
(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: Q3Y(K\
借:银行存款5 820 000 2 .\"Q
财务费用 180 000 7u
rD
贷:应收票据6 000 000 Xoha.6$l5
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: c|Z6p{)V
借:营业外支出 3 000 000 'ka$@,s :
贷:预计负债 3 000 000 0JKTwLhC
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: #N%j9
借:预计负债 3 000 000 Z>l<.T"t'
贷:银行存款 2 500 000 ZAn9A>5_
营业外收入 500 000 >
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要求: QjD=JC+
(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。 Vol}wc
(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: *Vg) E*s
(a)20×8年存货周转率 sXNb
(b)20×8年销售毛利率 bAy\Sr
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(c)20×8年总资产净利率 5X
9L h_p
(d)20×8年12月31日的流动比率 &aa3BgxyE
(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) x 0#u2j?zj
【答案】 9p1@Lfbj
(1)应选择营业收入作为计算重要性水平的基础。 L}'^FqO[IW
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 cmAdQ)(Kzd
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Qc=-M'9
销售毛利率=(64000-54000)/64000×100%=15.63% t*dq*(3"c
总资产净利率=30/[(100000+90000)/2]=0.03% eKo=g|D
流动比率=60000/20000=3 VF b
(3) |68u4z K
a.应建议做如下审计调整分录: _/u(:
借:应收票据 6 000 000 J1Az+m
贷:短期借款 5 820 000 Xbrc_V\_
财务费用 180 000 C\OZs%]At
b.应建议做如下审计调整分录: {wgq>cb
借:预计负债 3 000 000 j(}pUV B
贷:营业外支出 500 000 3(nnN[?N,5
其他应付款 2 500 000 TAqX
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