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?uAX-RP|
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: ==BOW\
(Expressed in RMB thousands) :G#+5 }
FINANCLAL STATEMENTS ITEMS {
'402
20×8 sm;kg=
20×7 &KY!a0s
LIrebz
Sales w IP4Z^
64000 _u'y7-
48000 1rS8+!9C
CYlS8j
Cost of sales p I~;3T:!
54000 S{3c}>n
42000 &E1m{gB(
K9 ]zUew
Net profit N}1yDN
30 'F#dv[N
-20 BOh^oQh
Pf/8tXs}
1w,34*- }
December 31, 20×8 2[;~@n1P
December 31, 20×7 .lq83;
k
*Hi}FI
Inventory 0qIg:+l+
16000 dWY{x47
12000 w0+X;aId
hsT&c|
Current assets ->X>h_k.Y
60000 G')zDx
50000 8O$LY\G
`23][V
Total assets i(OeE"YA
100000 oam;hmw
90000 $:\`E56\
B^]PKjLNZ
Current liabilities 2wDDVUwy B
20000 0\vG
<
18000 0AdxV?6z
?Pa(e)8\
Total liabilities x$bUd 9
30000 H9PnJr8 \
25000 .c:h!-D;
@g4o8nH}
~**x_ v
During the audit, John has the following findings: "*.N'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: "DA%vdu
Dr. Cash in Bank RMB 5820000 Wy*+8~@A
Dr. Financial Expenses RMB 180000 |
oK9o6m4
Cr. Notes Receivable RMB 6000000 ,lStT+A
(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: k& +gkJm
Dr. Non-operating Expenses RMB 3000000 aidQ,(PDj
Cr. Provisions RMB 3000000 1DhC,)+D}q
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 c{_JPy
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: >;'0ymG.`
Dr. Provisions RMB 3000000 HZZZ [km
Cr. Cash in Bank RMB 2500000 q\x.e.@
Cr. Non-operating Income RMB 500000 tpC^68*F
Required: w/(c}%v}=
(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. xY#J((-iH
(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: aK95&Jyw&
(a)Inventory Turnover Rate in 20×8; E5@ =LS
(b)Gross Profit Ratio in 20×8; KYtCN+vsG
(c)After Tax Return on Total Assets in 20×8; and 1:<(Q2X%
(d)Current Ratio as at December 31, 20×8 DyCzRkH
(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. gwQMy$
【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。 $Se
h4
以下是未经审计财务报表的部分信息: N
0-J=2
(单位:千元) k&%i+5X
项目 20×8 20×7 9Dgs
A`{$
营业收入 64 000 48 000 [A/2
M s
营业成本 54 000 42 000 ,LN^Zx*
净利润 30 -20 Mmu#
hb|W
8cG`We8l&
20×8年12月31日 20×7年12月31日 *jbPy?%oY
存货 16 000 12 000 :;yrYAyT3
流动资产 60 000 50 000 Q,^/Lm|]k
总资产 100 000 90 000 cS7\,/4S
流动负债 20 000 18 000 &
]]l0B
总负债 30 000 25 000 Z|$DchC
在审计过程中,约翰发现以下事项: b<~-s sL7a
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: p\&/m
借:银行存款5 820 000 h!K"
;qw
财务费用 180 000 VOM@x% 6#c
贷:应收票据6 000 000 W
h 9L!5
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: NRJp8G Z%U
借:营业外支出 3 000 000 g.@[mf0r
贷:预计负债 3 000 000 gqy>;A:kO
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: (C#0
ML
借:预计负债 3 000 000 tEvDAI} 5
贷:银行存款 2 500 000 q,@#
cQBV
营业外收入 500 000 2=n
`z)R
要求: 2#R$-*;#
(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。 6>rz=yAM_
(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: CvE^t#Bok
(a)20×8年存货周转率 &Wcz~Gx3Q
(b)20×8年销售毛利率 pXO09L/nv
(c)20×8年总资产净利率 U|tacO5w`
(d)20×8年12月31日的流动比率 [znN'Fg:"
(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) PHqg~q;*
【答案】 qS@3:R
(1)应选择营业收入作为计算重要性水平的基础。 TS9<uRO0
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 qzbW0AM[M
\{:A&X~\!
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 %'s
_=r`
销售毛利率=(64000-54000)/64000×100%=15.63% y!P!Fif'
总资产净利率=30/[(100000+90000)/2]=0.03% >"bW'
流动比率=60000/20000=3 NL$z4m0
(3)
EA>.SSs!
a.应建议做如下审计调整分录: C{85#`z`
借:应收票据 6 000 000 &lSNI5l
贷:短期借款 5 820 000 2A~o)7JaZ
财务费用 180 000 uq s
b.应建议做如下审计调整分录: Y?J/KW3
借:预计负债 3 000 000 $Bz};@
贷:营业外支出 500 000 l 1k&@1"
其他应付款 2 500 000 g{6jN