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)。 PZRn6Tc
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: {WeXURp&nF
(Expressed in RMB thousands) ko2j|*D6@~
FINANCLAL STATEMENTS ITEMS F(~_L.
20×8 ?lN8~Ze
20×7 5qkuKF
0DVZRB
Sales 2U`W[
64000 2RUR=%C
48000 -Dxhq&
}Y
?VP!1O=J
Cost of sales `{lAhZ5
54000 hdJwNmEA>
42000 bH&)rn
Pph8"`mv.m
Net profit t`YZ)>Ws
30 tK}p05nPhl
-20 auTTvJ
Evq Ai/(g
]'!xc9KGR
December 31, 20×8 Vy^yV|`v
December 31, 20×7 L\wpS1L(
pNE\@U|4E
Inventory
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16000 0$L0fhw.
12000 Xu94v{
u3
k;_KKvQ
Current assets -j
tC>_/
60000 ~J>gVg%66
50000 WCmNibj
;s\;78`0
Total assets k3>ur>aW
100000 koEX4q
90000 lAn+gDP
Jhsv2,8
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Current liabilities omv6_DdZ
20000 vV6Lp
18000 xPDA475Cw3
,)rZAI
Total liabilities s w.AfRQP
30000 s|gD
25000 mk%"G =w
e4=FU&RpNH
P A6KX5
During the audit, John has the following findings: ;j>Vt?:Pw
(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: ,>
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Dr. Cash in Bank RMB 5820000 of'ZNQ/
Dr. Financial Expenses RMB 180000 :\+
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Cr. Notes Receivable RMB 6000000 )0U3w#,JQ
(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: EN-H4F
Dr. Non-operating Expenses RMB 3000000
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Cr. Provisions RMB 3000000 `o_fUOe8a
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 6/mkJj+"
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: @UpC{M--Wr
Dr. Provisions RMB 3000000 uojh%@.4
Cr. Cash in Bank RMB 2500000 LGo2^Xx
Cr. Non-operating Income RMB 500000 50`iCD
Required: O J35En
(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. S0N2rU
(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: S?Bc~y
(a)Inventory Turnover Rate in 20×8; OHHNWg_5
(b)Gross Profit Ratio in 20×8; 3_L1Wm
(c)After Tax Return on Total Assets in 20×8; and v;fJM5PA
(d)Current Ratio as at December 31, 20×8 Z\|u
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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. #5y9L
【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。 T,WKoB
以下是未经审计财务报表的部分信息: rmPne8D=c(
(单位:千元) i!Dh&XT
项目 20×8 20×7 >lraYMc<rZ
营业收入 64 000 48 000 ;V(H7
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营业成本 54 000 42 000 -v;n"Zy1
净利润 30 -20 Gpdv]SON{
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20×8年12月31日 20×7年12月31日 Bn~\HW\Lh
存货 16 000 12 000 .Na&I)udX.
流动资产 60 000 50 000 6.U"_%
总资产 100 000 90 000 iY
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流动负债 20 000 18 000 Jt2,LL:G
总负债 30 000 25 000 W&+y(Z-t
在审计过程中,约翰发现以下事项: 1KTabj/C
(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: aJ:A%+1
借:银行存款5 820 000 (VYR!(17
财务费用 180 000 U#;51_
贷:应收票据6 000 000 `E} p77
(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: =PNdP
借:营业外支出 3 000 000 L289'Gzg
贷:预计负债 3 000 000 5c:'>
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: }rzdm9
借:预计负债 3 000 000 p-5Pas
贷:银行存款 2 500 000 y)3~]h\a
营业外收入 500 000 2Vp>"
要求: JsmbW|t^
(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。 cT-K@dg
(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: 6P;o 6s
(a)20×8年存货周转率 O9t=lrYV!
(b)20×8年销售毛利率 j|VXC(6P,
(c)20×8年总资产净利率 Qm.z@DwFM{
(d)20×8年12月31日的流动比率 N9i}p^F<_
(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) #_.g2 Y
【答案】 %{R_^Y8t
(1)应选择营业收入作为计算重要性水平的基础。 aGPqh,<QD
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 44|deE3Z
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 +w "XNl
销售毛利率=(64000-54000)/64000×100%=15.63% 2Sge
总资产净利率=30/[(100000+90000)/2]=0.03% Bu7A{DRf
流动比率=60000/20000=3 f;.SSiT
(3)
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a.应建议做如下审计调整分录: "@.Z#d|Y
借:应收票据 6 000 000 |]^l^e6m
贷:短期借款 5 820 000 $ "Afy)Ir
财务费用 180 000 "
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b.应建议做如下审计调整分录: qh%i5Mu
借:预计负债 3 000 000 "?$L'!bM@
贷:营业外支出 500 000 ,#
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其他应付款 2 500 000 49o\^<4b