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)。 3P6!j
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: t7A.b~#
(Expressed in RMB thousands) ,?#-1uIGL>
FINANCLAL STATEMENTS ITEMS (lPNMS|V
20×8 a
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20×7 4'rk3nT8
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Sales ypd
64000 {@,
L
48000 6OTxtk
m&A/IW,.
Cost of sales kb7\qH!n
54000 yMSRUQ
x
42000 Iwn@%?7
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Net profit 7_Q86o
30 v}Aw!Dv/
-20 P|(J]/
n'h
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vp_ $6
December 31, 20×8 #/jHnRrQ
December 31, 20×7 2.l
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~V|!\CB
Inventory F#<PFT4i
16000 RY~)MS _C
12000 z~Pmh%b
8DI|+`OgW
Current assets Vut.oB$
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60000 X%F9.<4
50000 oF6MV&q/
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Total assets UQdQtj1'
100000 %8{_;-f
90000 +8Px` v1L
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Current liabilities =Fs LF
20000
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18000 Y'HF^jv]R
J-ZM1HoB
Total liabilities 0l6djN
30000 R`?^%1^N
25000 SWGa%6|
v}Nx*%
U+RPn?Q
During the audit, John has the following findings: ).S<{zm7
(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: A-u5
Dr. Cash in Bank RMB 5820000 1G;Ns] u
Dr. Financial Expenses RMB 180000 Iq=B]oE
Cr. Notes Receivable RMB 6000000 *u>\&`h=
(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: d&u/7rm
Dr. Non-operating Expenses RMB 3000000 3# (5Kco
Cr. Provisions RMB 3000000 eEh0T%9K
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 *;d)'7<
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: K{P#[X*5
Dr. Provisions RMB 3000000 >PVi 3S
Cr. Cash in Bank RMB 2500000 .%<&W1
Cr. Non-operating Income RMB 500000 |*NrS<"
Required: @(?4g-*E
(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. mwCnP8:K
(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: fYjsSUnf
(a)Inventory Turnover Rate in 20×8; PPO<{
(b)Gross Profit Ratio in 20×8; gc~h!%'.I
(c)After Tax Return on Total Assets in 20×8; and -c?wEqa~2
(d)Current Ratio as at December 31, 20×8 Kx+Bc&X
(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. wIj2 IAD
【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。 o)=VPUe
以下是未经审计财务报表的部分信息: vUs7#*
(单位:千元) an`(?6d
项目 20×8 20×7 {:X];A$
营业收入 64 000 48 000 TkoXzG8yE<
营业成本 54 000 42 000 05 Q8`
净利润 30 -20 O mIB k
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20×8年12月31日 20×7年12月31日 %d J>8.jW@
存货 16 000 12 000 mVAm ^JK
流动资产 60 000 50 000 faOWhIG
总资产 100 000 90 000 5 hadA>d
流动负债 20 000 18 000 |I5?5 J\
总负债 30 000 25 000 Q_.c~I}yV
在审计过程中,约翰发现以下事项: $
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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: g
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借:银行存款5 820 000 ,HkhK bQ
财务费用 180 000 xt,L* B
贷:应收票据6 000 000 MH;%Y"EI
(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: mh7sY;SvM
借:营业外支出 3 000 000 &E
riskI
贷:预计负债 3 000 000 PZ(<eJ>
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: =G F
借:预计负债 3 000 000 tZCe?n]
贷:银行存款 2 500 000 7QiCZcb\
营业外收入 500 000 ls7A5 <
要求: <4e*3WSG
(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。 6Su@a%=j
(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: Cm;qDvj+u
(a)20×8年存货周转率
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(b)20×8年销售毛利率 i;hc]fYb=K
(c)20×8年总资产净利率 SKpPR;=q|:
(d)20×8年12月31日的流动比率 1 j^c
(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) t?nc0;Q9,@
【答案】 m_"p$m
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(1)应选择营业收入作为计算重要性水平的基础。 {I-a;XBX
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]WaDw
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 _`Q It>R
销售毛利率=(64000-54000)/64000×100%=15.63% ~d%;~_n
总资产净利率=30/[(100000+90000)/2]=0.03% rt^45~
流动比率=60000/20000=3 Ryq"\Q>+
(3) 90qj6.SQ
a.应建议做如下审计调整分录: )Bn>/-
借:应收票据 6 000 000
h [IYA1/y
贷:短期借款 5 820 000 #jLaIXms
财务费用 180 000 ljJz#+H2_
b.应建议做如下审计调整分录: O GFE*
借:预计负债 3 000 000 hiMyFvA4
贷:营业外支出 500 000 <P^hYj-swh
其他应付款 2 500 000 },fo+vRM