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)。 4JD 8w3u/
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: n_Ka+Y<
(Expressed in RMB thousands) a} w%k
FINANCLAL STATEMENTS ITEMS GK/Q]}Q8pZ
20×8 i;Y@>-[e<
20×7 [8K+zT5
<XHS@|
Sales qWzzUM1=
64000 )
-C9W7?I
48000 (3=(g
;|Z;YK@20
Cost of sales l?/.uNw
54000 /@.c
59r
42000 P"g
Y|}|
I'[hvp
Net profit [?$|
30 IHg)xZ
-20 @MV%&y*z.
s\`Vr;R:|
=!#i
C?I
December 31, 20×8 VhAZncw
December 31, 20×7 ClH aR
`37GVo4
Inventory $nOd4{s_
16000 YW}1iT/H
12000 Qw$"W/&X
Y"uFlHN&i
Current assets wnE
c
60000 6rnehv!p
50000 4R U1tWQ%
@J~y_J{
Total assets (Jw[}&+
100000 I@=h|GM
90000 rI:KZ}GZ
I~R<}volu
Current liabilities MGO.dRy_
20000 _e.b#
{=9
18000 i;0`d0^
4Pljyq:
Total liabilities P#H#@
:/3
30000
:*M\z3`k
25000 G5Ci"0
I`%=&l[v_5
_^RN
C)ol
During the audit, John has the following findings: |zu>G9m
(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: DJE/u qE
Dr. Cash in Bank RMB 5820000 9xg_M=72
Dr. Financial Expenses RMB 180000 K.2M=Q
Cr. Notes Receivable RMB 6000000 yvxC/Jo
4
(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: !dLz ?0
Dr. Non-operating Expenses RMB 3000000 5Ag>,>kJ6
Cr. Provisions RMB 3000000 LeW.uh3.
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 &,Q{l$`X
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 2t { Cpw
Dr. Provisions RMB 3000000 Et'C4od s
Cr. Cash in Bank RMB 2500000 ZW2#'$b
Cr. Non-operating Income RMB 500000 b,a\`%m}
Required: lkg-l<c\J
(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. u,F d[[t
(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: U!a"r8u|8q
(a)Inventory Turnover Rate in 20×8; G
7)D+],{Y
(b)Gross Profit Ratio in 20×8; T , =ga
(c)After Tax Return on Total Assets in 20×8; and )
WIlj
(d)Current Ratio as at December 31, 20×8 [6S"iNiyKT
(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. ke>\.|HT}
【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。 BHmA*3?
以下是未经审计财务报表的部分信息: @`.u"@
(单位:千元) eq/5$b(
项目 20×8 20×7 pOI+
营业收入 64 000 48 000 )O- x1U
营业成本 54 000 42 000 /^[)JbgB
净利润 30 -20 ID+'$u&
&SN$D5U'
20×8年12月31日 20×7年12月31日 N0RFPEQ~
存货 16 000 12 000 [/uKo13
流动资产 60 000 50 000 :e@JESlLf
总资产 100 000 90 000 ;(
0:6P8I
流动负债 20 000 18 000 >KY\Bx
总负债 30 000 25 000 wI}'wALhA
在审计过程中,约翰发现以下事项: GP1>h.J
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: \Di~DN1
借:银行存款5 820 000 ^y6Pkb
P
财务费用 180 000 0acY@_
贷:应收票据6 000 000 SbnVU[
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: P'9aZd
借:营业外支出 3 000 000 GvzPT2E!
贷:预计负债 3 000 000 )N=b<%WD
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: jPU#{Wo#
借:预计负债 3 000 000 1]>KuXd
r
贷:银行存款 2 500 000 b$R>GQ?#
营业外收入 500 000 deTb
vl
要求: S,(@Q~
(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。 ` 4EOy:a
(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: M<$l&%<`G
(a)20×8年存货周转率 4\ OELU
(b)20×8年销售毛利率 <Z8] W1)
(c)20×8年总资产净利率 Mz++SPG7
(d)20×8年12月31日的流动比率 ''v1Pv-
(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) aY:(0en]&
【答案】 uBE,z>/,;
(1)应选择营业收入作为计算重要性水平的基础。 UdI>x 4bI
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 $m=z87hX
:s'%IGy>:
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 #8z\i2I
销售毛利率=(64000-54000)/64000×100%=15.63% '6 'XBL?
总资产净利率=30/[(100000+90000)/2]=0.03% 5N/]/
流动比率=60000/20000=3 hE6tu'
(3) l wg.'<
a.应建议做如下审计调整分录: Ro1' L1:
借:应收票据 6 000 000 =hs@W)-O
贷:短期借款 5 820 000
5nj~RUK
财务费用 180 000 /3TorB~Y
b.应建议做如下审计调整分录: fcZOsTj
借:预计负债 3 000 000 QNJG}Upl
贷:营业外支出 500 000 -.*\J|S@g
其他应付款 2 500 000 E7h}0DX