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)。 OaN"6Ge#
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: 1)N#
(Expressed in RMB thousands) yg|yoL'g
FINANCLAL STATEMENTS ITEMS Vn/FW?d7
20×8 tg/!=g
20×7 ZL!5dT&@W
jM{5nRQ
Sales a)+*Gf7?
64000 JGzEm>_m
48000 3<a|_(K
hG9Mp!d91
Cost of sales ct(euPU
54000 &;vMJ
42000 pwVGe|h%,
*a(GG
Net profit }b<w \9AF
30 [*
ug:PG
-20 KmD#Ia
90<a'<\|
Z y6kA\q
December 31, 20×8 {FN4BC`3+
December 31, 20×7 cSTL.QF
#xq|/JWs
Inventory !.|A}8nK
16000 ;Q5o38(
12000 bSTTr<W
skt9mU
Current assets E.x<J.[Y
60000 U'} [:h~)
50000 R++w>5 5A
Fcn@j#[J
Total assets }?U
#@ h
100000 @[ '?AsO
90000 G$lE0_j2{
fhki!# E8M
Current liabilities Hv
=7+O$
20000 |5BvVqn
18000 ~.S/<:`U
8(-N;<Ef2
Total liabilities ;l@Ge`&u
30000 ,YrPwdaTB
25000 bg*@N
llpgi,-=
gYw=Z_z
During the audit, John has the following findings: $h1pL>^J
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: Q6PMRG}/o
Dr. Cash in Bank RMB 5820000 o~'UWU'#
Dr. Financial Expenses RMB 180000 *.-qbwOg
Cr. Notes Receivable RMB 6000000 "!o|^nN,
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 2$joM`j$
Dr. Non-operating Expenses RMB 3000000 xHn
"D@
Cr. Provisions RMB 3000000 1(a+|
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 @l~MY*hp
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: B!1L W4^
Dr. Provisions RMB 3000000 !$,e)89
Cr. Cash in Bank RMB 2500000 Rdy-6
Cr. Non-operating Income RMB 500000 &WVRh=R
Required: tHH @[E+h
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 5e
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(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 8H{9
(a)Inventory Turnover Rate in 20×8; o{MmW~/o&
(b)Gross Profit Ratio in 20×8; KyzdJ^xC"
(c)After Tax Return on Total Assets in 20×8; and \r\wqz7
(d)Current Ratio as at December 31, 20×8 v-}D>)M^W
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. 4~0@(3
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 /|[%~`?BM
以下是未经审计财务报表的部分信息: )m10IyUAY
(单位:千元) t&(\A,ch
%
项目 20×8 20×7 D^H4]7wG@
营业收入 64 000 48 000 Y:5Gp8Vi
营业成本 54 000 42 000 f_r4*#&v
净利润 30 -20 X}]g;|~SN
[F^j(qTR
20×8年12月31日 20×7年12月31日 {&)E$M
存货 16 000 12 000 (=QiXX1r
流动资产 60 000 50 000 iaQ3mk#
总资产 100 000 90 000 |\h<!xR
流动负债 20 000 18 000 od]1:8OF
总负债 30 000 25 000 I!g+K
在审计过程中,约翰发现以下事项: A!_yZ|)$T
(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: 5[rA>g~
借:银行存款5 820 000 qoJ<e`h}
财务费用 180 000 #}nDX4jI
贷:应收票据6 000 000 ?~rz'Pu~
(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: x`zE#sD
借:营业外支出 3 000 000 K]Z];C#)
贷:预计负债 3 000 000 .OvH<%g!.
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: jH]?vpP
借:预计负债 3 000 000 :@sjOY
贷:银行存款 2 500 000 Xwk_QFv3
营业外收入 500 000 Ve|=<7%%S
要求: &v&e-|r8;
(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。 "5$2b>_UE
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: N/eFwv.Er
(a)20×8年存货周转率 Z oQPvs7_
(b)20×8年销售毛利率 >I*uo.OF
(c)20×8年总资产净利率 +Uf+`
(d)20×8年12月31日的流动比率 +dF/$+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) JReJlDu
【答案】 E'F87P ^>
(1)应选择营业收入作为计算重要性水平的基础。 Q`(.Blgm;
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 MDO
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sn:wLc/GAd
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 0^zp*u
销售毛利率=(64000-54000)/64000×100%=15.63% Mp`i@pm+
总资产净利率=30/[(100000+90000)/2]=0.03% 0z=^_Fb
流动比率=60000/20000=3 OW1\@CC-69
(3) @hIHvLpRB
a.应建议做如下审计调整分录: g7<u eF
借:应收票据 6 000 000 C;oT0(
贷:短期借款 5 820 000 v
L!?4k
财务费用 180 000 S"Mm_<A$@
b.应建议做如下审计调整分录: CC{{@
借:预计负债 3 000 000 $Rv(v%
贷:营业外支出 500 000 =9cN{&qf
其他应付款 2 500 000 qgZN&7Nn: