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)。 C6=;(=?C
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: 3vGaT4TDx
(Expressed in RMB thousands) 1-Wnc'(OK
FINANCLAL STATEMENTS ITEMS :Ro"
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20×8 %>z8:oJ
20×7 B6!<@*BI
Drq{)#7
Sales >J75T1PH=
64000 I>4Tbwy.-
48000 a518N*]j
<T2~xn
Cost of sales ([XyW{=h!
54000 3b[[2x_UU
42000 $E@.G1T [
s?\9i6
Net profit v.^
'x
30 Qc
=lf$
-20 02c.;ka3
*p5T
`GN5QLg#}0
December 31, 20×8 ~aq?
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December 31, 20×7 D!E 9@*Lf
h*X%:UbW
Inventory ujp,D#xHP
16000 VEYKrZA
12000 DBh/V#* D
d~f0]O
Current assets 6Oqnb+
60000 .$s|T
50000 uM!r|X)8
Ue\oIi
Total assets :x5o3xE
100000 xA1pDrfC/
90000 }
PD(kk6fX
&l}xBQAL
Current liabilities &\D<
n;3
20000 J3}C T
18000 3'@jRK
X1PlW8pd
Total liabilities ]X;*\-
30000 f%%En5e+
25000 8\t7}8f
]be2jQx3
z8[|LF-dx
During the audit, John has the following findings: FbNQ
(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: X!HSS/'
Dr. Cash in Bank RMB 5820000 hn
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Dr. Financial Expenses RMB 180000 ^|12~d_.T
Cr. Notes Receivable RMB 6000000 *E q7r>[
(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: 0+`*8G)
Dr. Non-operating Expenses RMB 3000000 Evgq}3
Cr. Provisions RMB 3000000 #:5g`Ch4,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 M@ZpgAfq
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: #Lt+6sa]2@
Dr. Provisions RMB 3000000 ZaV66Y>
Cr. Cash in Bank RMB 2500000 ^9~%=k=
Cr. Non-operating Income RMB 500000 $W]guG
Required: b6M)qt9R
(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. 'Bn_'w~j{
(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: ED_5V@
(a)Inventory Turnover Rate in 20×8; 4!W?z2ly~R
(b)Gross Profit Ratio in 20×8; ^moIMFl
(c)After Tax Return on Total Assets in 20×8; and hds4_
(d)Current Ratio as at December 31, 20×8 #u(,#(P'#
(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. mV]g5>Q\
【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。 w:(7
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以下是未经审计财务报表的部分信息: m)w-mc
(单位:千元) euC,]n.
项目 20×8 20×7 N2Hb19/k
营业收入 64 000 48 000 Y\S^DJy
营业成本 54 000 42 000 ]a~LA7VHO
净利润 30 -20 ?2>v5p
LZ
: \V)5+
20×8年12月31日 20×7年12月31日 CUcjJ|MZ
存货 16 000 12 000 !Hj)S](F
流动资产 60 000 50 000 (19<
8a9G
总资产 100 000 90 000 glIIJ5d|,
流动负债 20 000 18 000 p[:%Ck"$7
总负债 30 000 25 000 {-qTU6
在审计过程中,约翰发现以下事项: <cjT
n:w
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: Lxrn#Z eM
借:银行存款5 820 000 Xh!Pg)|E
财务费用 180 000 P$(}}@
贷:应收票据6 000 000 IV*$U7~
(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: S*:w\nXP~
借:营业外支出 3 000 000 (j"MsCwE
贷:预计负债 3 000 000 cNvcpv
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: zt}p-U2I
借:预计负债 3 000 000 (LPD
贷:银行存款 2 500 000 )uWNN"
营业外收入 500 000 y Dw!u[:
要求: Jx?>1q=M
(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。 ,Yz+?SmSZ&
(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: T6#GlO)8)
(a)20×8年存货周转率 }Cf[nGh|B
(b)20×8年销售毛利率 x*V<afLY[
(c)20×8年总资产净利率 ;Bi{;>3
(d)20×8年12月31日的流动比率 Z_+No :F7I
(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) ywte\}
【答案】 rNp#5[e
(1)应选择营业收入作为计算重要性水平的基础。 X|G+N(`|(
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 4f,x@:Jw
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A
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 &i RX-)^u
销售毛利率=(64000-54000)/64000×100%=15.63% P^-9?uBno
总资产净利率=30/[(100000+90000)/2]=0.03% 7C^ nk
z
流动比率=60000/20000=3 px@\b]/
(3) 4F!d V;"Z(
a.应建议做如下审计调整分录: uD3_'a
借:应收票据 6 000 000 $S{j}74[
贷:短期借款 5 820 000 OK(d&
财务费用 180 000 g7i6Yj1
b.应建议做如下审计调整分录: TaG-^bX8B
借:预计负债 3 000 000 H)tDfk sq\
贷:营业外支出 500 000 K(S/D(\
FL
其他应付款 2 500 000 7i
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