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)。 F0<)8{s
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: a<<4gXx
(Expressed in RMB thousands) tP@NQCo
FINANCLAL STATEMENTS ITEMS ab2FK
20×8 dipfsH]p
20×7 OT
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9-;-jnDy
Sales Z\nDR|3
64000 )dkU4]
48000 msmW2Zc
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Cost of sales `9^tuR,
54000 [7vV#s3kJ
42000 e34>q:#5l
6$R9Y.s>Z
Net profit /f#b;qa,
30 ~!$"J}d}<
-20 3(WijtH
?@rd,:'dE
3YvKHn|V"
December 31, 20×8 t1?aw<
December 31, 20×7 !/}3/iU
p3M!H2W
Inventory "
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16000 bXs=<`>
12000 ?@'&<o0p#
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Current assets RrMEDMhk6
60000 1{a%V
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50000 |
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Total assets 296}LW
100000 N9w"Lb
90000 Y}ogwg&
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Current liabilities @"7S$@cO
20000 O <Rh[Aqn
18000 pkn^K+<n,
lb_N"90p
Total liabilities ,#)d
30000 G=:/v
25000 gQeQy
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Z6WS;
KwL_ae6fV
During the audit, John has the following findings: b >D
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 83vMj$P
Dr. Cash in Bank RMB 5820000 RIMSXue*Ha
Dr. Financial Expenses RMB 180000 P{o)Ir8Tt
Cr. Notes Receivable RMB 6000000 +M-tYE
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(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: {'IO
Dr. Non-operating Expenses RMB 3000000 es)^^kGj6f
Cr. Provisions RMB 3000000 m]n2wmE3n
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ,:t,$A
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 'I$FOH
Dr. Provisions RMB 3000000 2VN].t:
Cr. Cash in Bank RMB 2500000 ray3gM%JLj
Cr. Non-operating Income RMB 500000 _WEJ,0*#'
Required: qZd*'ki<
(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. P(shbi@
(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: "9caoPI0~
(a)Inventory Turnover Rate in 20×8; vG_R( ]d
(b)Gross Profit Ratio in 20×8; FOk&z!xYKd
(c)After Tax Return on Total Assets in 20×8; and U`(=iyWP=
(d)Current Ratio as at December 31, 20×8 MJGT|u8O&
(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:[6reG
【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。 NH/A`Wm
以下是未经审计财务报表的部分信息: nm5DNpHk
(单位:千元) Py; 5z
项目 20×8 20×7 *)E${\1' <
营业收入 64 000 48 000 G0
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营业成本 54 000 42 000 ,`H
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净利润 30 -20 +YvF+E
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20×8年12月31日 20×7年12月31日 Gn2{C%
存货 16 000 12 000 }B-$}
流动资产 60 000 50 000 7p1Y g
总资产 100 000 90 000 Vgj#-7bdyi
流动负债 20 000 18 000 6m_mma_,&
总负债 30 000 25 000 2_wue49-l
在审计过程中,约翰发现以下事项: Eg)24C R 4
(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: Ph=NH8
借:银行存款5 820 000 Jw]!x1rF~
财务费用 180 000 0f@+o}i=)
贷:应收票据6 000 000 vFk@
(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: #Pg#\v|7#>
借:营业外支出 3 000 000
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]*yI[\
贷:预计负债 3 000 000 UVw^t+n
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: $4{sPHi)I
借:预计负债 3 000 000 A]bQUWt2
贷:银行存款 2 500 000 FDl/7P`b(
营业外收入 500 000 \*t\=4
要求: 0S5xmEzop
(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。 _x.2&S89
(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`&t=0D
(a)20×8年存货周转率 F7<mm7BGZ
(b)20×8年销售毛利率 |qX?F`
(c)20×8年总资产净利率 Xe);LhDC
(d)20×8年12月31日的流动比率 d#T5=5#
(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) J&aN6 l?
【答案】 4np2I~ !
(1)应选择营业收入作为计算重要性水平的基础。 7rd
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 8xlj,}QO\
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 %G!!0V!
销售毛利率=(64000-54000)/64000×100%=15.63% V(TtOuv
总资产净利率=30/[(100000+90000)/2]=0.03% *)Pm
流动比率=60000/20000=3 X`g
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(3) "e-Y?_S7R8
a.应建议做如下审计调整分录: I%.nPOQ 8
借:应收票据 6 000 000 g"/n95k<
贷:短期借款 5 820 000 4pL'c@'
财务费用 180 000 HAH\#WE
b.应建议做如下审计调整分录: |cC3L09
借:预计负债 3 000 000 ;!HQ!#B
贷:营业外支出 500 000 ^KbR@Ah
其他应付款 2 500 000 ;>7~@
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