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)。 ^ePSI|EW
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: kYR&t}jlCg
(Expressed in RMB thousands) sxsM%Gb?H
FINANCLAL STATEMENTS ITEMS Ws1<Jt3/."
20×8 %NAz(B
20×7 (p2\H>pTr
PD/~@OsxU
Sales Gwvs~jN
64000 ?Rl*5GRW
48000 ]1Q\wsB
liU=5BL
Cost of sales tDi=T]-bt
54000 gK%&VzG4
42000 >w*"LZjTTK
4ErDGYg}
Net profit @:c
1+
30 lYZHM,"
-20 H$[--_dI{
}7C{:H2d
<T
7y85
December 31, 20×8
riBT5
December 31, 20×7 tSOF7N/<
| z('yy$
Inventory :X$&gsT/,
16000 WQ*$y3%
12000 MK"Yt<e(o
G A7
Current assets aFC3yMKXh
60000 Z]Qm64^I
50000 Az.
Y-O<$\
m|-O/6~
Total assets [&zP$i&
100000 `i.f4]r
90000 Gpgi@
Uf
cJhf{{_oR
Current liabilities eEU:
20000 |]I?^:I
18000 *v8 ]99N
}U
#S*
Total liabilities #~#_)\l'F
30000 qrdA?VV
25000 I{RktO;1
VyI%^S
]sS
nrf%/L
During the audit, John has the following findings: @E==~ b
(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: 3s|tS2^4
Dr. Cash in Bank RMB 5820000 f5yd2wKy6
Dr. Financial Expenses RMB 180000 jV7q)\uu^
Cr. Notes Receivable RMB 6000000 Sqb#U{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: tq*Q|9j7VG
Dr. Non-operating Expenses RMB 3000000 ,)Q mQ^/
Cr. Provisions RMB 3000000 D'2O#Rj4q
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 jf%Ydr}`
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: ae^xuM?7
Dr. Provisions RMB 3000000 Tok"-$`N
Cr. Cash in Bank RMB 2500000 n;q7?KW8
Cr. Non-operating Income RMB 500000 f9&D1Gh+w
Required: -9Can4
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. j"NqNv
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ~\oJrRYR
`
(a)Inventory Turnover Rate in 20×8; L?Lp``%bI7
(b)Gross Profit Ratio in 20×8; Nh+$'6yT%
(c)After Tax Return on Total Assets in 20×8; and zcNV<tx
(d)Current Ratio as at December 31, 20×8 v\HGL56T
(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. 7"QcvV@p
【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。 =*(d+[_
以下是未经审计财务报表的部分信息: Onc!5L
(单位:千元) D~%cf
项目 20×8 20×7 >kB?C!\
营业收入 64 000 48 000
GN>T }
营业成本 54 000 42 000 od|pI5St
净利润 30 -20 O{dx+f
{<]abO
20×8年12月31日 20×7年12月31日 )WFUAzuN,
存货 16 000 12 000 -~aVt~{k/
流动资产 60 000 50 000 9u)h$VC
总资产 100 000 90 000 ,{oANqP
流动负债 20 000 18 000 _{b
a
总负债 30 000 25 000 &=/.$i-w$
在审计过程中,约翰发现以下事项: ?Rwn1.Z
(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: f{)*"
借:银行存款5 820 000 -meKaQv
财务费用 180 000 %v|,-B7Yx
贷:应收票据6 000 000 x x
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(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: Jz-f1mhQV
借:营业外支出 3 000 000 +}1]8:>cq
贷:预计负债 3 000 000 F0|T%!FB>%
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: RM`8P5i]sF
借:预计负债 3 000 000 <bid 6Q0|
贷:银行存款 2 500 000 'Gc6ZSLM
营业外收入 500 000 b"zq3$6*
要求: J
L Z
(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。 >a0;|;hp
(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: hrW.TwK
(a)20×8年存货周转率 :,7VqCh3@
(b)20×8年销售毛利率 Y#Z&
$&n
(c)20×8年总资产净利率 *;}! WDr
(d)20×8年12月31日的流动比率 #F9$"L1Hg
(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) y.~5n[W
【答案】 ~k
J#IA
(1)应选择营业收入作为计算重要性水平的基础。 : i(h[0
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 x##Iv|$
~pw_*AN
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 s+CWyW@
销售毛利率=(64000-54000)/64000×100%=15.63% tz)L`g/J~
总资产净利率=30/[(100000+90000)/2]=0.03% 0p#36 czqy
流动比率=60000/20000=3 G%>[I6G
(3) ' 1mygplW
a.应建议做如下审计调整分录: N@)g3mX>
借:应收票据 6 000 000 ZWr\v!4
贷:短期借款 5 820 000 2.x3^/
财务费用 180 000 [&39Yv.k,7
b.应建议做如下审计调整分录: q)%C|
借:预计负债 3 000 000 >!oN+8[~
贷:营业外支出 500 000 Na`qA j}
其他应付款 2 500 000 INkrG.=u