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)。 z$%8'
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: L{>rN`{
(Expressed in RMB thousands) ;k#_/c
FINANCLAL STATEMENTS ITEMS PZV>A!7C8n
20×8 Z9 ws{8@_
20×7 }6%\/d1~ 6
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vN-
Sales DU"Gz!X]Jd
64000 U
^O4HJ
48000 L9Zz-Dr s
UQh.o
Cost of sales 6<S
-o|Xw
54000 <BBzv-?D
42000 Wq}6RdY$ZA
}\8-&VoY#X
Net profit ~$4(|Fq/
30 ?OnL,y|
-20 CXoiA"P
_7:Bxx4B
ojBdUG\
December 31, 20×8 %{r3"Q=;W
December 31, 20×7 Hc\@{17
<`vXyPA6
Inventory ceks~[rP
16000 pwHe&7e#
12000
3)=ix. wW
RF2I_4
Current assets jMI30
60000 [W$Mn.5<s
50000 qlPIxd
7)#JrpTj%
Total assets :/][ n9J^
100000 Ofoh4BL'1@
90000 [Nm?qY
RLQ*&[A}
Current liabilities PuZzl%i
P3
20000 8b7I\J`
18000 .0U[nt6
TeZu*c
Total liabilities Px?"5g#+
30000 N6_1iIM
25000 R1Rk00Ow:
{ GCp5
& }j;SK5
During the audit, John has the following findings: `/R. 5;$|
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: m !<FlEkN
Dr. Cash in Bank RMB 5820000 ak:f4dEd
Dr. Financial Expenses RMB 180000 => 'j_|
Cr. Notes Receivable RMB 6000000 GGHeC/4
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: pl,XS6mB
Dr. Non-operating Expenses RMB 3000000 #Cs/.(<
Cr. Provisions RMB 3000000 yCkc3s|DA;
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 dly -mPmP
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: k??CXW
Dr. Provisions RMB 3000000 pQ7elv]
Cr. Cash in Bank RMB 2500000 qu$FpOJ
Cr. Non-operating Income RMB 500000 N&k\X]U
Required: xgNV0;g,
(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. 6A>bm{`c:
(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: M"K $.m@t
(a)Inventory Turnover Rate in 20×8; Sn
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(b)Gross Profit Ratio in 20×8; # 7dvT=
(c)After Tax Return on Total Assets in 20×8; and #H~$^L
(d)Current Ratio as at December 31, 20×8 NzhWGr_x'
(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. T&S=/cRBK}
【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。 ;QG8@ms|
以下是未经审计财务报表的部分信息: wS7Vo{#@\
(单位:千元) Bmt8yR2
项目 20×8 20×7 ?@MY +r_G
营业收入 64 000 48 000 Z{#3-O<a+n
营业成本 54 000 42 000 "BpDlTYM
净利润 30 -20 G^L9[c= ,
+B+c
N[d
20×8年12月31日 20×7年12月31日 ]1GyEr:
存货 16 000 12 000 nHXPEbq-g
流动资产 60 000 50 000 ,:-^O#
总资产 100 000 90 000 W95q1f#7
流动负债 20 000 18 000 dn=srbJ
总负债 30 000 25 000 86qQ"=v
在审计过程中,约翰发现以下事项: "[z/\l8O
(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: 0?I
借:银行存款5 820 000 2|RxowXZ"
财务费用 180 000 v=dN$B5y3
贷:应收票据6 000 000 I-J%yutB
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: X>yE<ni
借:营业外支出 3 000 000 D"fjk1
贷:预计负债 3 000 000 6b` Jq>v
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: _Y6Ezh.
借:预计负债 3 000 000 hlc g[Qdo*
贷:银行存款 2 500 000 l_2l/ff9
营业外收入 500 000 91a);d
要求: j[$+DCO#|m
(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。 @LU[po1I
(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:
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(a)20×8年存货周转率 XWz~*@ci
(b)20×8年销售毛利率 hD,^mru
(c)20×8年总资产净利率 =q"0GUei3
(d)20×8年12月31日的流动比率 v=uQ8_0~N
(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) d|UH AX
【答案】 v )2yR~J
(1)应选择营业收入作为计算重要性水平的基础。 FO]f 4@
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 &
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 s1%2({wP
销售毛利率=(64000-54000)/64000×100%=15.63% DEfhR?v
总资产净利率=30/[(100000+90000)/2]=0.03% [>j.x2=
流动比率=60000/20000=3 Cf<TDjU`|
(3) )kKeA
a.应建议做如下审计调整分录: Xh~oDnP
借:应收票据 6 000 000 1&=2"
贷:短期借款 5 820 000 yM-%x1r~
财务费用 180 000 iN@|08
b.应建议做如下审计调整分录: h=NXU9n%'
借:预计负债 3 000 000 (YmIui>
贷:营业外支出 500 000 `I|Y7GoUO
其他应付款 2 500 000 `"iPJw14