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)。 ;+b}@e
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: FvI`S>
(Expressed in RMB thousands) iK%Rq
FINANCLAL STATEMENTS ITEMS o
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20×8 v,i:vT\~
20×7 fZ
g*@RR
*E)Y?9u"
Sales ^]R0d3?>\
64000 47K5[R
48000 Z%OS W
H@j ^,
Cost of sales N[+dX_h
54000 i)(QNpv
42000 }C&c=3V
VYAe!{[
Net profit VDmd+bvJV
30 .RWBn~b#I
-20 }t-r:R$
,
Csc2 yI%3
uATBt
December 31, 20×8 TQ2Tt"
December 31, 20×7 99:L#0!.W
)eV40l$
M
Inventory Ul'G
g
16000 $WPN.,7
12000 hW+Dko(s
_INUJc
Current assets O46/[{p+8
60000 uU\iji\
50000 )nk>*oE
5Q}@Y3 i=
Total assets 5k(#kyP
100000 mDmWTq\
90000 tj&A@\/
\~H"!vj
Current liabilities E>1USKxn
20000 Ji[w; [qL
18000 KE3v3g<
O
&s6blD11
Total liabilities 7@"X~C
30000 C/Z"W@7#;
25000 #"M Pe4
@&W?e?O ~G
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During the audit, John has the following findings: D?'y)](
(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: )AoFd>
Dr. Cash in Bank RMB 5820000 m&%b;%,J
Dr. Financial Expenses RMB 180000 /YbL{G
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Cr. Notes Receivable RMB 6000000 K]oPh:E
(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: Y"jDZG?
Dr. Non-operating Expenses RMB 3000000 R)C+wTG;
Cr. Provisions RMB 3000000 <<1oc{i
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 vSA%A
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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: ckk [n
Dr. Provisions RMB 3000000 80EY7#r@w
Cr. Cash in Bank RMB 2500000 N
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Cr. Non-operating Income RMB 500000 xVyUUzXs
Required: bsry([N>w
(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. ezvaAhd{
(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: w3Ohm7N[
(a)Inventory Turnover Rate in 20×8; 1
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(b)Gross Profit Ratio in 20×8; jb2:O,+!
(c)After Tax Return on Total Assets in 20×8; and ]`XuE-Uh
(d)Current Ratio as at December 31, 20×8 gsp7N
(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. 1#<E]<='t
【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。 `[&2K@u
以下是未经审计财务报表的部分信息: 9%qMZP0]
(单位:千元) Q2NnpsA^6
项目 20×8 20×7 ,no:6
营业收入 64 000 48 000
GvOAs-$
营业成本 54 000 42 000 Fc~w`~tv
净利润 30 -20 srLr~^$j[
<yPHdbF
20×8年12月31日 20×7年12月31日 03o3[g?
存货 16 000 12 000 [BBKj)IK
流动资产 60 000 50 000 ["<(\v9P)
总资产 100 000 90 000 36a~!
流动负债 20 000 18 000 NR&9:?
总负债 30 000 25 000 )1}g7:
在审计过程中,约翰发现以下事项: He!!oKK>
(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: ,`zRlkX
借:银行存款5 820 000 QP%Fz#u`
财务费用 180 000 )X;cS}
yp
贷:应收票据6 000 000 B?yt%f1
(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:
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借:营业外支出 3 000 000 \ZRoTh
贷:预计负债 3 000 000 *h:EE6|
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: _%vqBr*
借:预计负债 3 000 000 p8d n-4
贷:银行存款 2 500 000 f](uc(8Z
营业外收入 500 000 S "Pj
1
要求: ^u!Tyb8Dk
(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 + &
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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: 1cBhcYv"
(a)20×8年存货周转率 `;CU[Ps?]
(b)20×8年销售毛利率 '5/}MMT
(c)20×8年总资产净利率 B kxhF
(d)20×8年12月31日的流动比率 q{/Jw"e
(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) ;Ph )BY<
【答案】 "q^'5p]
(1)应选择营业收入作为计算重要性水平的基础。 JlQT5k
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 6.s?
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 $3.vVnc
销售毛利率=(64000-54000)/64000×100%=15.63% `L#?eQ{
总资产净利率=30/[(100000+90000)/2]=0.03% chmJ|
流动比率=60000/20000=3 qd~98FS
(3) SM+fG: 4d
a.应建议做如下审计调整分录: Y;F
R"~^
借:应收票据 6 000 000 ]}7rWs[|1
贷:短期借款 5 820 000 mv*T=N8fC
财务费用 180 000 Z/= %J3f
b.应建议做如下审计调整分录: !5%5]9'n@*
借:预计负债 3 000 000 Gj19KQ1G
贷:营业外支出 500 000 ` u\z!x'
其他应付款 2 500 000 !u{"] T: