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)。 0S&J=2D!
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: #W.vX=/*
(Expressed in RMB thousands) SXE@\Afj
FINANCLAL STATEMENTS ITEMS fz8 41 <Y
20×8 VfDa>zV3
20×7 \P"Ol\@
-0]%#(E%`h
Sales &m\Uc
64000 mb%U~Na
48000 \MdieO*
3zc;_U2
Cost of sales %.'oY%
54000 C(8!("tU
42000 6hcK%0z
g>gf-2%Uo
Net profit B&1E&Cv_8
30 {.;qz4d`
-20 C?W}/r[
Br{(sL0e
DWCf+4
December 31, 20×8 Oz&*A/si+3
December 31, 20×7 WIAukM8~
oQ*LP{M
Inventory 7[K3kUm[
16000 -okq=9
12000 jP2#w{xq
5j0 Ib>\
Current assets ?4aW^l6/
60000 Dbq/t^
50000 4vvQ7e7
,q7FK z{
Total assets Di}M\!-[
100000 [gZR}E
90000 OA} r*W
z
$"MVr5q6
Current liabilities myqwU`s
20000 BgDWl{pm
18000 R?tjobk!
/EegP@[
Total liabilities S;D]ym
30000 XJy.xI>;
25000 M`@AS L:u
fgC@(dvfk
0 VG;z#{J
During the audit, John has the following findings: ?_p!teb
(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: H5
:,hrZY
Dr. Cash in Bank RMB 5820000 JL{fW>5y|
Dr. Financial Expenses RMB 180000 $<&_9T#&w
Cr. Notes Receivable RMB 6000000 )^"V}z
t
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: N[fwd=$\#
Dr. Non-operating Expenses RMB 3000000 C+%eT&OO
Cr. Provisions RMB 3000000 @,c`#,F/
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 19pFNg'kA
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: $;~YgOVZ5
Dr. Provisions RMB 3000000 h;y}g/HZ
Cr. Cash in Bank RMB 2500000 '=\>n(%Q
Cr. Non-operating Income RMB 500000 G]EI!-y
Required: :O,r3O6
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. s16, *;Z
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: >Bdh`Ot-!
(a)Inventory Turnover Rate in 20×8; ~ISY( &
(b)Gross Profit Ratio in 20×8;
oR,zr
(c)After Tax Return on Total Assets in 20×8; and @3=q9ftm
(d)Current Ratio as at December 31, 20×8 Dsc0;7~6
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. /0fHkj/J=B
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 kt\,$.v8
以下是未经审计财务报表的部分信息: b?lRada{I
(单位:千元) 9k6/D.Dz
项目 20×8 20×7 H Vhd#Q;
营业收入 64 000 48 000 6%:~.ZfN
营业成本 54 000 42 000 u?g&(h
净利润 30 -20 t.VVE:A^%
PlK3;
20×8年12月31日 20×7年12月31日 Q>9bKP
存货 16 000 12 000 1;i|GXY:h
流动资产 60 000 50 000 JRZp'Ln
总资产 100 000 90 000 ~Z*7:bPN!^
流动负债 20 000 18 000 nt-_)4Fm
总负债 30 000 25 000 XzqB=iX
在审计过程中,约翰发现以下事项: }m%&|:PH
(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: %6Vb1?x
借:银行存款5 820 000 a\oz-`ESa
财务费用 180 000 yH
lQKI
贷:应收票据6 000 000 @'G
PZpbvZ
(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: %|^,Q -i,
借:营业外支出 3 000 000 7#oq|5
贷:预计负债 3 000 000 ;*9<lUvu
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: J7aYi]vI
借:预计负债 3 000 000 /"m#mhL
贷:银行存款 2 500 000 |:4?K*w",
营业外收入 500 000 Ex|Z@~T12
要求:
NXDkGO/*
(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。 }|N88PN
(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: 2Ub-ufkU
(a)20×8年存货周转率 S'w}Ir
(b)20×8年销售毛利率 GO@<?>K
(c)20×8年总资产净利率 55UPd#E'
(d)20×8年12月31日的流动比率 _3wK: T{:
(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) q
#7Nk)<.
【答案】 t%5bDdo
(1)应选择营业收入作为计算重要性水平的基础。 }LQV2 hKTG
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 !$ii*}
8;c\}D
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 wq!9wk9
销售毛利率=(64000-54000)/64000×100%=15.63% f8=qnY2j
总资产净利率=30/[(100000+90000)/2]=0.03% _T~&
kwe
流动比率=60000/20000=3 +ZiYl[_|
(3)
Soe2Gq
a.应建议做如下审计调整分录: T5e#Ll/
借:应收票据 6 000 000 XeY[
;}
9
贷:短期借款 5 820 000 2EN}"Du]mj
财务费用 180 000 r&+C%
b.应建议做如下审计调整分录: NZADHO@0
借:预计负债 3 000 000 H\ E%.QIx
贷:营业外支出 500 000 ,`!lZ|
U
其他应付款 2 500 000 9IrCu?n9b