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)。 DxpJP,wY3
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: "5sA&^_#_
(Expressed in RMB thousands) d\JBjT1g
FINANCLAL STATEMENTS ITEMS ,IE.8h)H
20×8 X')l04P@%
20×7 9d(#/n
|GsMLY:0
Sales ^=1u2YdVw
64000 ;fN^MW@&[
48000 >+Iph2]
8pftc) k
Cost of sales pLV
%g#h
54000 #e,TS`"e
D
42000 &?Q^i">cZ
8ZM#.yBB
Net profit _9p79S<+
30 ki/Cpfq40*
-20 :eJJL,v
c14d0x{
7l~^KsX
December 31, 20×8 6%>'n?
December 31, 20×7 )& Oxp&x
"Jg.)1Jw
Inventory ,Oy$q~.
16000 T:H~Y+qnt
12000 ^yq}>_
g;nLR<]
Current assets YPNW%N!$|
60000 #d/T7c#
50000 hN]l
$Ct
m.! M#x2!
Total assets 8"-=+w.CZ
100000 MuP>#Vk
90000 6-)WXJ@V
w%\{4T~
Current liabilities %N`_g' r!
20000 3/yt
18000 N mxh zjJ
4 dLnX3 v
Total liabilities 8~s0%%{,M
30000 cL;%2TMk
25000 v>Kh5H5e~
\0_jmX]p
y,ub*-:
During the audit, John has the following findings: 'd&d"E[
(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: xa<KF
Dr. Cash in Bank RMB 5820000 1TR+p? "
Dr. Financial Expenses RMB 180000 '-[hy>t
Cr. Notes Receivable RMB 6000000 [[6"qq
(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: Yg,b
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Dr. Non-operating Expenses RMB 3000000 Ldv,(ZV,<
Cr. Provisions RMB 3000000 #W3H;'~/5
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 bM:4i1Z
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: j2u'5kJ
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Dr. Provisions RMB 3000000 ^,AE;ZT7
Cr. Cash in Bank RMB 2500000 gW--[
Cr. Non-operating Income RMB 500000 Pc< "qy
Required: q9j~|GE|
(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. #\QW <I#/
(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: ?E|=eO"I1
(a)Inventory Turnover Rate in 20×8; |uw48*t
(b)Gross Profit Ratio in 20×8; Haekr*1%
(c)After Tax Return on Total Assets in 20×8; and dg|x(p#
(d)Current Ratio as at December 31, 20×8 pUF JQ*
(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. bn8maYUZ
【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。 l>pB\<LL
以下是未经审计财务报表的部分信息: t!6uz
(单位:千元) <2&qIvHL
项目 20×8 20×7 GA[D@Wy
营业收入 64 000 48 000 .KC V|x;QW
营业成本 54 000 42 000 YlGUd~$`"+
净利润 30 -20 x>TIx[x
-s`Wd4AP
20×8年12月31日 20×7年12月31日 X{,mj"(w
存货 16 000 12 000 c$2kR:
流动资产 60 000 50 000 "5
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总资产 100 000 90 000 '/9j"mIA9$
流动负债 20 000 18 000 3%1wQXr0
总负债 30 000 25 000 .FgeAxflP
在审计过程中,约翰发现以下事项: +ZW>JjP*
(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: b|DU
借:银行存款5 820 000 b+J|yM<`
财务费用 180 000 knG:6tQ
贷:应收票据6 000 000 L/-SWid)
(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: :f39)g5>
借:营业外支出 3 000 000 W,Q>3y*
贷:预计负债 3 000 000 ;nW;M 4{
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: <Z 3C&BM
借:预计负债 3 000 000 1t &_]q_
贷:银行存款 2 500 000 gWa0x-
营业外收入 500 000 MZ-;'w&Z
要求: QK0]9
(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。 JmK
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(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:
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(a)20×8年存货周转率 zNrn|(Y%Y
(b)20×8年销售毛利率 XE<5(
(c)20×8年总资产净利率 mhhc}dS(H
(d)20×8年12月31日的流动比率 0[%{YmI{W
(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) nA("
cD[,
【答案】 .[]S!@+%
(1)应选择营业收入作为计算重要性水平的基础。 uKM` umE
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Ea<\a1Tl43
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ov,
销售毛利率=(64000-54000)/64000×100%=15.63% %po;ih$jr*
总资产净利率=30/[(100000+90000)/2]=0.03% U!o
流动比率=60000/20000=3 ^"
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(3) gAsmPI.K
a.应建议做如下审计调整分录: $#s5y~z
借:应收票据 6 000 000 ojf6@p_
贷:短期借款 5 820 000 1
V
t,5o5
财务费用 180 000 *k,3@_5
b.应建议做如下审计调整分录:
k# Ho7rS&
借:预计负债 3 000 000 m]MR\E5]By
贷:营业外支出 500 000 ?#: ']q
其他应付款 2 500 000 |g^YD;9s.