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)。 (wt+`_6
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: s_wUM)!
(Expressed in RMB thousands) EO"C8z'al
FINANCLAL STATEMENTS ITEMS z[!x:# q8`
20×8 )3E,D~1e%
20×7 QocQowz
-6E K#!+
Sales Sgj/s~j~1
64000 k
khE}qSD
48000 ;[5r7
jHU
,jh~;, w2
Cost of sales VQ
|^
54000 !sIwFv)
42000 $iMC/Kym
{7#03 k
Net profit i2F(G
H?p[
30 .|]IwyD
&
-20 |4SW[>WT:
^Vo"fI`=C
yFeeG3n3
December 31, 20×8 wly>H]i'
December 31, 20×7 *6*-WV6
P W[6/7
Inventory |>utWT]S
16000 H7e /
12000 .9 kyrlm
,{<Fz%
Current assets 9O;vUy)
60000 !t-K<'
50000 P/aDd@j
i>GdRG&q
Total assets {e9Y
!oFg
100000 W^R'@
90000 s-6:N9-
$%He$t
Current liabilities euZ(}+N&
20000 l{EU_|q
18000 BI/y<6#rR
SfDQ;1?
Total liabilities OOLe[P3J3
30000 0zV 4`y
25000 5c;En6W
(Jpm
K O
<IH*\q:7
During the audit, John has the following findings: U"x~Jb3]O
(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: 3]S`|#J
Dr. Cash in Bank RMB 5820000 *gSO&O=
Dr. Financial Expenses RMB 180000 Xiju"Cup"
Cr. Notes Receivable RMB 6000000
SsRVd^=;x
(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: uGCtLA+sL
Dr. Non-operating Expenses RMB 3000000
E\!n49
Cr. Provisions RMB 3000000 kH2oK
:lN
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 \3j)>u,r
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: u\5g3BH
Dr. Provisions RMB 3000000 + (=I8s/
Cr. Cash in Bank RMB 2500000 +2yF|/WW#
Cr. Non-operating Income RMB 500000 ,aO@.<"
Required: \_>?V5(
(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. A;t
zRe
(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: `,m7xJZ?y
(a)Inventory Turnover Rate in 20×8; /s8/
q2:
(b)Gross Profit Ratio in 20×8; f!!P
(c)After Tax Return on Total Assets in 20×8; and #S*pD?VZ
(d)Current Ratio as at December 31, 20×8 ^Y<M~K972
(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. tQf!|]#J
【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。 a
8-;
以下是未经审计财务报表的部分信息: 6`W|V+6|7
(单位:千元) ` U#Po_hq
项目 20×8 20×7 kxy]vH6m
营业收入 64 000 48 000 ITQ9(W
Un
营业成本 54 000 42 000 -fQX4'3R
净利润 30 -20 Wx k;g
"cQvd(kug
20×8年12月31日 20×7年12月31日 z+Z%H#9e
存货 16 000 12 000 u#!GMZJN
流动资产 60 000 50 000 Q>[Ce3
总资产 100 000 90 000 ;%!tf{Si
流动负债 20 000 18 000 LV\ieM
总负债 30 000 25 000 4JSZ0:O
在审计过程中,约翰发现以下事项: c
_p[yS
(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: F7V6-V{_
借:银行存款5 820 000 }
bCK
财务费用 180 000 uZ<%kV1B
贷:应收票据6 000 000 W/a,.M
(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: zM\IKo_"
借:营业外支出 3 000 000 gE1|lY$NL
贷:预计负债 3 000 000 }M?|,N6
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: l\Cu1r-z
借:预计负债 3 000 000 A{1
\f*
贷:银行存款 2 500 000 k!9=
营业外收入 500 000 YPG,9iZ&f
要求: <B=[hk!
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 d["x=
[f
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: i<Q&
D\Pv
(a)20×8年存货周转率 iA&oLu[y3
(b)20×8年销售毛利率 ^+URv
(c)20×8年总资产净利率 /Go>5B>
(d)20×8年12月31日的流动比率 e6o/q)9#
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) '#KA+?@
【答案】 {9 Db9K^
(1)应选择营业收入作为计算重要性水平的基础。 EZ*t$
3.T
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 )p
h30B
tr5'dX4]
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 3]!h{_:u
销售毛利率=(64000-54000)/64000×100%=15.63% .@Hmg
总资产净利率=30/[(100000+90000)/2]=0.03% 7x%S](m%
流动比率=60000/20000=3 9n-T5WP
(3) u*U_7Uw$
a.应建议做如下审计调整分录: LH,]vuXh
借:应收票据 6 000 000 8V,"Id][
贷:短期借款 5 820 000 5d%_Wb'
财务费用 180 000 (y
3~[
b.应建议做如下审计调整分录: CH55K[{<
借:预计负债 3 000 000 i]LU4y%'
贷:营业外支出 500 000 fJvr+4i4k
其他应付款 2 500 000 n}Vbdx
lN