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)。 WwG +Xa
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: tgoOzk
^
(Expressed in RMB thousands) ;Yo9e~
FINANCLAL STATEMENTS ITEMS ]4~-
z3=y
20×8 x}Qet4vV
20×7 $Lg%CY
rw_T&>!
Sales uis;S)+
64000 O0OBkIj
48000 *%<Ku&C
EXn$ [K;
Cost of sales (}E-+:vFU
54000 Cx$C+
42000 6&V4W"
k
zWvG];fsN
Net profit @gzm4
30 .Rl58]x~
-20 KY'"Mg^!
E><!Owxt/
Y^5X>
December 31, 20×8 SjgF&LD
December 31, 20×7 ^ei[#I
DCS$d1
Inventory C {.{>M
16000 uV1H iv-
12000 LX A1rgUWT
R
:=C
Current assets Yc;cf%c1
60000 !g:UkU\J
50000 XP'Mv_!Z
BOqq=WY
Total assets T8Sgu6:*R
100000 e
iS~*@
90000 7s:`]V%
+o&E)S}wP
Current liabilities -f?Rr:#
20000 9HMW!DSK`
18000 lS P{9L6
G#V5E)Dx
Total liabilities .UNh\R?r
30000 K@xp
!
25000 *8k`m)h26
:H[E
W3Q
^Q8m)0DP
During the audit, John has the following findings: '>FJk`iI
(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: :&$4&\_F
Dr. Cash in Bank RMB 5820000 v8g3]MVj3
Dr. Financial Expenses RMB 180000 I\V33Nd
Cr. Notes Receivable RMB 6000000 ]RHR> =;
(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: 2,|*KN*e`W
Dr. Non-operating Expenses RMB 3000000 kfb+OE:7
Cr. Provisions RMB 3000000 $hB;r
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ll;#4~iA
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: rN?
L8
Dr. Provisions RMB 3000000 .K^'Q|?
Cr. Cash in Bank RMB 2500000 I%xrDiK97
Cr. Non-operating Income RMB 500000 WH :+HNl1d
Required: ~D@pk>I
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. ixN>KwH
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: Q6?+# }
(a)Inventory Turnover Rate in 20×8; p}uT
qI
(b)Gross Profit Ratio in 20×8; Y1AbG1n|
(c)After Tax Return on Total Assets in 20×8; and R= HN>(U
(d)Current Ratio as at December 31, 20×8 j}8IT
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. Y.rHl4
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 xXO& -v{
以下是未经审计财务报表的部分信息: bTC2Ya
(单位:千元) bj`cYL%
项目 20×8 20×7 >K#Z]k
营业收入 64 000 48 000 >j?5MIm03
营业成本 54 000 42 000 THQW8 V
净利润 30 -20 9,5v %HZ
jM
J[6qj
20×8年12月31日 20×7年12月31日
7-Rn{"5
存货 16 000 12 000 aA%$<ItH
流动资产 60 000 50 000 9\TvX!)h
总资产 100 000 90 000 'nt
b.S)
流动负债 20 000 18 000 Mr:*
l`b_
总负债 30 000 25 000 xt
+fuL
在审计过程中,约翰发现以下事项: y5?T`ts,#
(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: !Dkz6B*
借:银行存款5 820 000 T,(IdVlJ
财务费用 180 000 bf3LNV|
贷:应收票据6 000 000 qM@][]j:
(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: [K13Jy+
借:营业外支出 3 000 000 {d(PH7R
贷:预计负债 3 000 000 f4s[R0l
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:
3@$h/xMJ
借:预计负债 3 000 000 'N=' B<^;%
贷:银行存款 2 500 000 6N.mSnp
营业外收入 500 000 7|zt'.56[
要求: =B1t?("
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 ]Ke|wRQD
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: 3]'=s>UO>^
(a)20×8年存货周转率 `(;d+fof
(b)20×8年销售毛利率 MS^,h>KI
(c)20×8年总资产净利率 z1!ya#,$
(d)20×8年12月31日的流动比率 y=9a2[3Dz
(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) c%pW'UE&
【答案】 O~d
!*A
(1)应选择营业收入作为计算重要性水平的基础。 DWJ%r"aN
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ~'fa,XZ<
k;zbq
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 F)e*w:D
销售毛利率=(64000-54000)/64000×100%=15.63% hl}#bZ8]
总资产净利率=30/[(100000+90000)/2]=0.03% dG7sY
O@U
流动比率=60000/20000=3 voQ, K9
(3) #2yOqUO\
a.应建议做如下审计调整分录: pzU">)
借:应收票据 6 000 000 9ciL<'H\
贷:短期借款 5 820 000 l[
G,sq"
财务费用 180 000 nq/xD;q
b.应建议做如下审计调整分录: 1I3u~J3]/
借:预计负债 3 000 000 b,T=0W
贷:营业外支出 500 000 F]yclXf('
其他应付款 2 500 000 4)Pt]#Ti