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)。 W^ClHQ"Iy
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: h*l4Y!7
(Expressed in RMB thousands) XbXgU#%
FINANCLAL STATEMENTS ITEMS | /#'S&!U
20×8 Dtt\~m;AR
20×7 Wbs^(iUU}
WnO DDr
Sales 1G_xP^H!
64000 rUvwpP"k
48000 [Z% l.
H>Sf[8w)%
Cost of sales S r[IoF)
54000 /W``LK>;?
42000 ec`>KuY
Bx%=EN5.
Net profit e
Ri!\Fx
30 3v G
-20 1y(iE C
|H<|{{E
TVj1C
December 31, 20×8 i~ROQMN1
December 31, 20×7 lWIv(%/@
0ZFB4GL
Inventory O<Jwaap
16000 Mf#2.TR
12000 *;Ak5.du
Ep,1}Dx
Current assets Y<de9Z@
60000 JPHUmv6
50000 -uO%[/h;N
=tLU]
Total assets 0%#t[usY
100000 J,6!7a
90000 KhLg*EL
9#s,K! !3{
Current liabilities (=6P]~,
20000 xAFek;GY?
18000 5
1v r^
D[+|^,^>
Total liabilities #!(
Zn:[
30000 (Be$$W
25000 N=hSqw[
::kpl2r\c
9)1P+c--
During the audit, John has the following findings: Y}85J
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(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: ?S+/QyjcfJ
Dr. Cash in Bank RMB 5820000 r[Z g 2
Dr. Financial Expenses RMB 180000 ^[k6]1h
Cr. Notes Receivable RMB 6000000 l!xgtP K
(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: C!CaGf=
Dr. Non-operating Expenses RMB 3000000
/<(R
Cr. Provisions RMB 3000000 TG""eC!E
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 wY."Lw> 6
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: ju
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Dr. Provisions RMB 3000000 Y j,9V],
Cr. Cash in Bank RMB 2500000 5%vP~vy_}
Cr. Non-operating Income RMB 500000 yQ72v'
Required: KFCQYdI`d
(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. s|Imz<IE
(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: W\d0
(a)Inventory Turnover Rate in 20×8; UMnR=~.
(b)Gross Profit Ratio in 20×8; V>~*]N^f
(c)After Tax Return on Total Assets in 20×8; and W$x K^}
(d)Current Ratio as at December 31, 20×8 7lnM|nD
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. J
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【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 B8P@D"u
以下是未经审计财务报表的部分信息: 8'
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(单位:千元) mP`,I"u
项目 20×8 20×7 %'K
+$
营业收入 64 000 48 000 2n"*)3Qj
营业成本 54 000 42 000 \oD=X}UQw(
净利润 30 -20 X"]mR7k
x_>"Rnv:K
20×8年12月31日 20×7年12月31日 h0ZW,2?l
存货 16 000 12 000 {Hrr:hC
流动资产 60 000 50 000 r' 97\|
总资产 100 000 90 000 Mz%d_
流动负债 20 000 18 000 .1l[l5$
总负债 30 000 25 000 Ezo" f
在审计过程中,约翰发现以下事项: tL|L"t_5x
(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: Cys/1DkE
借:银行存款5 820 000 E(L^hZMc
财务费用 180 000
t}* qs
贷:应收票据6 000 000 {BwN4r46
(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: yD=)&->Ra
借:营业外支出 3 000 000 |x}&wFV
贷:预计负债 3 000 000 UVvt&=+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: TO;]9`~;Mu
借:预计负债 3 000 000 aNh1e^j
贷:银行存款 2 500 000 Av[|.~g
营业外收入 500 000 q0xE&[C[M
要求: tL
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(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。 >O[^\H!\
(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: U7Sl@-#|
(a)20×8年存货周转率 u6CMRZ$
(b)20×8年销售毛利率 :O_
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(c)20×8年总资产净利率 #0$eTdx#
(d)20×8年12月31日的流动比率 A?<"^<A^
(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) [Nzg
8FP
【答案】 |Z +E(
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(1)应选择营业收入作为计算重要性水平的基础。 MYW 4@#
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Q-3J0=
7dL=E"WL
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Et[QcB3
销售毛利率=(64000-54000)/64000×100%=15.63% 6!Ap;O^*
总资产净利率=30/[(100000+90000)/2]=0.03% -2mOgv
流动比率=60000/20000=3 '3kL=(
(3) >0G}, S
a.应建议做如下审计调整分录: xsypIbN
借:应收票据 6 000 000 SGT-B.
贷:短期借款 5 820 000 b
KbpI>;[
财务费用 180 000 -
G2M;]Cn
b.应建议做如下审计调整分录: !t
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借:预计负债 3 000 000 nV6g]#~@
贷:营业外支出 500 000 w6%CBE2
其他应付款 2 500 000 m
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