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)。 Ut-6!kAm
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: *:.0c
(Expressed in RMB thousands) =X X_Cnn
FINANCLAL STATEMENTS ITEMS "|DR"rr'j
20×8 @sKAsn
20×7 +>qBK}`
T *t$
Sales oz5o=gt7
64000 UKK}$B
48000 -e(2?Xq9
w#mnGD
Cost of sales (&MSP
54000 l3MbCBX2
42000 z% /ww
7H
;D8Nya>%
Net profit M]` Q4\
30 xN"KSQpu
-20 N/?MsrZw
)Qxv9:X
Ql*/{#$
December 31, 20×8 ~vl: Tb
December 31, 20×7 L)nVNY@Mc
J#V`W&\,6
Inventory |>
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16000 Aq'%a)Y2
12000 ~POeFZ
'fAD Dh}
Current assets u
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60000 1yB;"q&Xd
50000 [!R%yD;
b"FsT
Total assets <uTsXv
100000 Mqh~ 5NM
90000 .hJ8K#r
@&ZTEznbyt
Current liabilities 3+|6])Hi1
20000 Gm2rjpZeq
18000 H4:TYh
$m=z87hX
Total liabilities EhFhL4Xdn
30000 #8z\i2I
25000 '6 'XBL?
zRJ
y3/>
(x^|
During the audit, John has the following findings: ABHZ)OM
(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: $GO'L2oLwn
Dr. Cash in Bank RMB 5820000
^,KR 0
Dr. Financial Expenses RMB 180000 ;%Da {
Cr. Notes Receivable RMB 6000000 ?*s!&-KI
(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: \34|9#*z-
Dr. Non-operating Expenses RMB 3000000 kN$70N7I;
Cr. Provisions RMB 3000000 CXQ?P
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 \
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to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: '9/kDkt!
Dr. Provisions RMB 3000000 twu6z5<!-=
Cr. Cash in Bank RMB 2500000 Gj ^bz'2
Cr. Non-operating Income RMB 500000 3QHZC0AY
Required: 1I+5
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. _(z"l"l=$
(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: c
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(a)Inventory Turnover Rate in 20×8; #]
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(b)Gross Profit Ratio in 20×8; j>b OnCp~
(c)After Tax Return on Total Assets in 20×8; and )ED[cYGx
(d)Current Ratio as at December 31, 20×8 K`X2N
(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. ZkIQ-;wx
【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。 !xc7~D@om(
以下是未经审计财务报表的部分信息: lhI;K4#
(单位:千元) 6+u'Tcb
项目 20×8 20×7 i@J,u
营业收入 64 000 48 000 /<
:;^B
营业成本 54 000 42 000 +-nQ,
fOV
净利润 30 -20 72,iRH
YiCDV(prT
20×8年12月31日 20×7年12月31日 P8VU&b\
存货 16 000 12 000 5VTbW
流动资产 60 000 50 000 ~ 9;GD4
总资产 100 000 90 000 z )pV
$
流动负债 20 000 18 000 l =yHx\
总负债 30 000 25 000 0/ Ht;(
在审计过程中,约翰发现以下事项: o/zCXZnw#
(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: gCJ'wv)6|%
借:银行存款5 820 000 Xdq,
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财务费用 180 000 7asq]Y}<
贷:应收票据6 000 000 R,\
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(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: kUUq9me&o
借:营业外支出 3 000 000 }m H>lN
贷:预计负债 3 000 000 ?W
n(ciO
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: ^8m+*t
借:预计负债 3 000 000 ZYsFd_
贷:银行存款 2 500 000 eFio,
营业外收入 500 000 |u{QI3
#'
要求: ]p!J]YV ]0
(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。 '/H(,TM
(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: `g1Oon_
(a)20×8年存货周转率 S>,I&`yi
(b)20×8年销售毛利率 zFtGc
(c)20×8年总资产净利率 `0^i
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(d)20×8年12月31日的流动比率 iW?9oe
(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) RNdnlD#P
【答案】 Wn^^Q5U#
(1)应选择营业收入作为计算重要性水平的基础。 c Vn+~m_%
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 DH
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86
xiF%\#N
销售毛利率=(64000-54000)/64000×100%=15.63% T]|O/
总资产净利率=30/[(100000+90000)/2]=0.03% doc
流动比率=60000/20000=3 w4'K2 7
(3) ?X'*
p<`
a.应建议做如下审计调整分录: Qm#i"jvV
借:应收票据 6 000 000 ^I{]Um:
贷:短期借款 5 820 000 AE&n^vdQW
财务费用 180 000 &%X Jf~IQ
b.应建议做如下审计调整分录: W6O.E
借:预计负债 3 000 000 1J"9r7\
贷:营业外支出 500 000 %20-^&zZ
其他应付款 2 500 000 `5-#M/J