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)。 57'4ljvYi
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: QoH6
(Expressed in RMB thousands) 94
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FINANCLAL STATEMENTS ITEMS 6Sn .I1Wy
20×8 N_q|\S>t/
20×7 tcog'nAz
8BNi1Qn$
Sales WvZ8/T'x
64000 0NX,QD
48000 _``=cc
>t_6B~x9
Cost of sales dzrio-QU~
54000 ! #2{hQRu
42000 !brf(-sr)
/fV;^=:8c
Net profit h;NYdX5
30 EI^C{$Y
-20 r1RM
3>VL}Ui}
)q3p-)@kQ
December 31, 20×8 fvxu#
m=
December 31, 20×7 c6]D-YNFG
Vj>8a)"B5a
Inventory zjoq6
16000 8E]F$.6U
12000 Bo%NFB;
i@M[>~
Current assets ZbAcO/
60000 cDH^\
-z
50000 T 0
rGM
))'<_nD
Total assets *,WU?tl&
100000 _n>,!vH
90000 Ck7uJI<x
xe&i^+i
Current liabilities LTx,cP
20000 x{/g(r={}
18000 p,i[W.dy.'
V[vl!XM
Total liabilities RF0HjgP
30000 O#S.n#{
25000 S\!ana])
1Nd2{(
>[=^_8M
During the audit, John has the following findings: 6ar
(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: LOV)3{m
Dr. Cash in Bank RMB 5820000 O55 xS+3^k
Dr. Financial Expenses RMB 180000 2WxQ(:d=
Cr. Notes Receivable RMB 6000000 55
c|O
(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: &m:uO^
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Dr. Non-operating Expenses RMB 3000000 G,Azm}+
Cr. Provisions RMB 3000000 !^Y(^RS@
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 }s<4{:cv+
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: l}sjD[2
Dr. Provisions RMB 3000000 Ng>h"H
Cr. Cash in Bank RMB 2500000 L<{i,'M
Cr. Non-operating Income RMB 500000 >%8KK|V{
Required: u.Tcg^ 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. :$BCRQ
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios:
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(a)Inventory Turnover Rate in 20×8; 7,9=uk>0\
(b)Gross Profit Ratio in 20×8; ':m,)G5&
(c)After Tax Return on Total Assets in 20×8; and PGV/ h
(d)Current Ratio as at December 31, 20×8 Jcm&RI"{
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. m:o<X K[>
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 `
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以下是未经审计财务报表的部分信息: j*TYoH1
(单位:千元) =k`Cr0aPF
项目 20×8 20×7 u-G+ j)
营业收入 64 000 48 000 T\>a!
营业成本 54 000 42 000 >y:,9
;
净利润 30 -20 -"60d
@.
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20×8年12月31日 20×7年12月31日 ]R9HyCl&a6
存货 16 000 12 000 [>5-$Y OT
流动资产 60 000 50 000 ILShd)]Rw
总资产 100 000 90 000 HLaRGN3,
流动负债 20 000 18 000 =`s!;
总负债 30 000 25 000 74k dsgQf
在审计过程中,约翰发现以下事项: Hm'=aff6A
(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/9hL
借:银行存款5 820 000 vbe|hO""
财务费用 180 000 r{I%
\R!@
贷:应收票据6 000 000 4s{~r
(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: 3r."j2$Hs0
借:营业外支出 3 000 000 Zu("#cA.H
贷:预计负债 3 000 000 K\6u9BYG
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: <oA7'|Bu<
借:预计负债 3 000 000 OL,TFLn4
贷:银行存款 2 500 000 $jqq
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营业外收入 500 000 e)#J1(j_
要求: KP5C}ZK+s
(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。 YU5(g^<
(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: n!xt5=xP{
(a)20×8年存货周转率 ^pF&`2eD
(b)20×8年销售毛利率
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(c)20×8年总资产净利率 .NC:;@y
(d)20×8年12月31日的流动比率 bU:EqW\( ^
(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) w\i\Wp,FP
【答案】 EZ$>.iy{
(1)应选择营业收入作为计算重要性水平的基础。 k" PayyAC
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 [)zP6\I
8sM|%<$=j
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 K<qk.~
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销售毛利率=(64000-54000)/64000×100%=15.63% Zxs|%bQ
总资产净利率=30/[(100000+90000)/2]=0.03% MUREiL9L|
流动比率=60000/20000=3 > $7v
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(3) 1A G<$d5U|
a.应建议做如下审计调整分录: fc-iAj
借:应收票据 6 000 000 KZ
;k)O.Ov
贷:短期借款 5 820 000 _ff`y
财务费用 180 000 VZymM<