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)。 lgt&kdc%o
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:
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(Expressed in RMB thousands) :k_)Bh?+
FINANCLAL STATEMENTS ITEMS h3>u[cX%
20×8 zBI2cB8;P
20×7 &> .QDO
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Sales "9c!p
64000 7Fa<m]k
48000 9nO&d(r g
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Cost of sales ~PpU'[
54000 F-~Xbz%
42000 kMzDmgoxNg
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Net profit Lo[;{A$u
30 qoph#\
-20 9l&G2 o
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December 31, 20×8 S._h->5f
December 31, 20×7 H-WNu+
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Inventory 0^2e^qf
16000 K;`*n7=IA
12000 i7\>uni
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Current assets "$"<AKCwS
60000 2mx }bj8
50000 4Im}!q5;:<
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Total assets )5<dmK@
100000 |CS&H2!s
90000 u0uz~ s
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Current liabilities -%VFC^'5
20000 (hY^E(D
18000 N7s9"i
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Total liabilities 9 771D
30000 M9yqJPS}B
25000 )gR3S%Ju
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zzKU s "u
During the audit, John has the following findings: lnxA/[`a
(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: ,.gI'YPQC
Dr. Cash in Bank RMB 5820000 2[Qzx%Vp
Dr. Financial Expenses RMB 180000 5'0kf7
Cr. Notes Receivable RMB 6000000 G_5NS<JE"S
(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: NXE1v~9V
Dr. Non-operating Expenses RMB 3000000 ?N%5c%oF
Cr. Provisions RMB 3000000
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 C|ou7g4'p
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: Lr>4~1:`
Dr. Provisions RMB 3000000 cja-MljD
Cr. Cash in Bank RMB 2500000 h/l?,7KHI
Cr. Non-operating Income RMB 500000 MD+eLA7
Required: @qsOWx`l$
(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. afcyAzIB&
(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: 69C
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(a)Inventory Turnover Rate in 20×8; l?beqw:
(b)Gross Profit Ratio in 20×8; NQvT4.*
(c)After Tax Return on Total Assets in 20×8; and sy9Yd PPE
(d)Current Ratio as at December 31, 20×8 lU3Xd_v
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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. A5dH*< }
【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。 ZOzyf/?.
以下是未经审计财务报表的部分信息: t`4o&vsj=
(单位:千元) ]"1\z>Hg
项目 20×8 20×7 |1 LKdP
营业收入 64 000 48 000 23UXOY0BW
营业成本 54 000 42 000 C_hIPM
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净利润 30 -20 ]JHY(
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20×8年12月31日 20×7年12月31日 t== a(e
存货 16 000 12 000 E!>l@
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流动资产 60 000 50 000 -IS?8\Q<
总资产 100 000 90 000 S>?B)
流动负债 20 000 18 000
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总负债 30 000 25 000 Yf^/YLLS
在审计过程中,约翰发现以下事项: '#8;b
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(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: n%P,"V
借:银行存款5 820 000 wsCT9&p
财务费用 180 000 9\NP)Vm$^
贷:应收票据6 000 000 t+SLU6j,
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: fm,:8%
借:营业外支出 3 000 000 u]Y NF[]
贷:预计负债 3 000 000 l_*:StyR+
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: [$GQ]Y
借:预计负债 3 000 000 qfEB VS(
贷:银行存款 2 500 000 0 :1ldU
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营业外收入 500 000 ~;Xkt G:
要求: p/uOCQ|1l
(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。 5'O.l$)y
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: 6NqLo^ "g
(a)20×8年存货周转率 W.U|mNJ$
(b)20×8年销售毛利率 vR\[I V?
(c)20×8年总资产净利率 ?{6[6T
(d)20×8年12月31日的流动比率 ^-7{{/
(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) zn{[]J
【答案】 [ w1"
(1)应选择营业收入作为计算重要性水平的基础。 ku=XPmZ.\
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Z})n%l8J]p
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 -[`FNTTV C
销售毛利率=(64000-54000)/64000×100%=15.63% *C?x\.\C
总资产净利率=30/[(100000+90000)/2]=0.03% a'|Dm7'4t
流动比率=60000/20000=3 $JXQn
(3) RJI*ZNbA
a.应建议做如下审计调整分录: N[,/VCW
借:应收票据 6 000 000 @AdJu-u
贷:短期借款 5 820 000 &U/~*{
财务费用 180 000 %4E7 Tu,1
b.应建议做如下审计调整分录: @$'1
借:预计负债 3 000 000 *`V-zD
贷:营业外支出 500 000 {VE$i2nC8
其他应付款 2 500 000 }UWRH.;v