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)。 X=$WsfN.h
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: b /65Q&g'
(Expressed in RMB thousands) S?_/Po
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FINANCLAL STATEMENTS ITEMS z9OhY]PPF
20×8 Rrh?0qWs
20×7 mkH{%7n
C":i56
Sales G&8)5d[
64000 7 $AEh+f
48000 xDv
5'IGBb
"#Ov!t
Cost of sales aBv3vSq>Q
54000 MR:GH.uM:
42000 WrWJ!
&s
m7R i
Net profit ]XX9.Xh=-
30 P>q"P1&{
-20 "A\.`*6
IoUQ~JviA
6;"^Id
December 31, 20×8 \z'A6@
December 31, 20×7 =fk+"!-i%"
9gFb=&1k
Inventory EAiE@r>4
16000
Z|zyO-
12000 [>+}2-#
#m 2Ss
Current assets s
%Ez/or(T
60000 P%HvL4R
50000 Ut"~I)S{LT
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Total assets :9`'R0=i^
100000 9nW/pv
90000 !=%E&e]
cspO5S>#
Current liabilities N~I
2~f
20000 c6zghP3dR
18000 *5KV DOd
F!v`._]
Total liabilities r0
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30000 7PE3>cD
25000 jTVh`d<N
'C=8. P?
}9Yd[`
During the audit, John has the following findings: %C&HR2
(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: &+t! LM
Dr. Cash in Bank RMB 5820000 Bl,rvk2
Dr. Financial Expenses RMB 180000 BI9~%dm
Cr. Notes Receivable RMB 6000000 dOm`p W ^
(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: V?KACYd@O
Dr. Non-operating Expenses RMB 3000000 xDRNt Lj<u
Cr. Provisions RMB 3000000 CE :x;!}cd
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Yt^<^l77D
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: %3v:c|r
Dr. Provisions RMB 3000000 $|0_[~0-n
Cr. Cash in Bank RMB 2500000 H8^U!"~E
Cr. Non-operating Income RMB 500000 n<Vq@=9AE
Required: "YIrqk
(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. "6.JpUf
(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: Z7 \gj`
(a)Inventory Turnover Rate in 20×8; 53y,eLf
(b)Gross Profit Ratio in 20×8; dQhh,}
(c)After Tax Return on Total Assets in 20×8; and Ie 3
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(d)Current Ratio as at December 31, 20×8 ce/Z[B+d
(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. ^Y mq<*X
【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。 "T>74bj_|Q
以下是未经审计财务报表的部分信息: {/f\lS.5g
(单位:千元) 1.+w&Y5
项目 20×8 20×7 `o7m
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营业收入 64 000 48 000 }1EfyR
营业成本 54 000 42 000 "S$4pj`<
净利润 30 -20 c;M7[y&
4 [@`j{
20×8年12月31日 20×7年12月31日 M>Yge~3
存货 16 000 12 000 ,,*i!%Adw
流动资产 60 000 50 000 5k&tRg
总资产 100 000 90 000 1PwqWg-\\
流动负债 20 000 18 000 &[]0yNG
总负债 30 000 25 000 jY.iQBhjEB
在审计过程中,约翰发现以下事项: )ZkQWiP-
(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: FcR(uv<
借:银行存款5 820 000 ~N</;{}fL4
财务费用 180 000 XS!mtd<
q
贷:应收票据6 000 000 \Qa6mt2h
(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: vIk;x
借:营业外支出 3 000 000 \Qp #utC0s
贷:预计负债 3 000 000 l.tN
q$3pS
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: [Tha
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借:预计负债 3 000 000 V?{[IMRC
贷:银行存款 2 500 000 $`J'Y>`
营业外收入 500 000 2LpJ xV
要求: y 1DP`Ro
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 7
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(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: zbL!q_wO
(a)20×8年存货周转率 #lA8yWxr
(b)20×8年销售毛利率 [K2\e N~g
(c)20×8年总资产净利率 ]6wo]nV[P
(d)20×8年12月31日的流动比率 cE7xNZ;Bh
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) 'BE &l W
【答案】 MMs#Y1dH
(1)应选择营业收入作为计算重要性水平的基础。 -Fcg}\9
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 :*GLLjS;
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 8=
jl]q$<
销售毛利率=(64000-54000)/64000×100%=15.63% ]ZkhQ%
总资产净利率=30/[(100000+90000)/2]=0.03% EC6)g;CO
流动比率=60000/20000=3 INQ0h `T
(3) {3RY4HVT?
a.应建议做如下审计调整分录: w#v8a$tT
借:应收票据 6 000 000 ,Lt+*!;m
贷:短期借款 5 820 000 ]lj,GD)c
财务费用 180 000 %vPs38Fks
b.应建议做如下审计调整分录: p1B~:9y9X
借:预计负债 3 000 000 )9sRDNr
贷:营业外支出 500 000 ~GL"s6C$`;
其他应付款 2 500 000 hdB.u^!