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)。 66@3$P%1p
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: ^h6$>n5
(Expressed in RMB thousands) X0Z-1bs
FINANCLAL STATEMENTS ITEMS A9l})_~i
20×8 -N8cjr4l
20×7 tK|9qs<%
' q<EZ{
Sales }#HTO:r
64000 UcLNMn|
48000 "R2t&X[9
ca/o#9:N`:
Cost of sales Wd`
QpW
54000 SAG`^t
42000 p=_XMh`;
'*N9"C
Net profit EhIV(q9x
30 u2-@?yt
-20 S`@6c$y k
>PJtG]D
CI!Eq&D,
December 31, 20×8 _m7U-;G
December 31, 20×7 x #tu
\YlF>{LVe
Inventory S}w.#tyEn
16000 C?6
0`^
12000 EN-H4F
Uc&6=5~Ys\
Current assets HLSfoQ&
)v
60000 :Dk@?o@2;C
50000 uqa4&2(I=j
h-La'}>?
Total assets !
nCjA\$
100000 cNuHXaWp
90000 'o/N}E!Pt
lbB.*oQ
Current liabilities I>H;o{X#
20000 p<HTJ0
18000 aI={,\
%[Zqr;~l
Total liabilities X%a;i6pq
30000 :J Gl>V
25000 uS,p|}Q&
1c)\
0Oc}rRH(C
During the audit, John has the following findings:
coF T2Pq
(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:
:vYtMp
Dr. Cash in Bank RMB 5820000 -7I1Lh#M
Dr. Financial Expenses RMB 180000 Jtp>m?1Ve
Cr. Notes Receivable RMB 6000000 c{mKra
(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: 2#AeN6\@
Dr. Non-operating Expenses RMB 3000000 C{UF~
Cr. Provisions RMB 3000000 Q(IJD4
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 QGH
h;
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: G{NSAaD[
Dr. Provisions RMB 3000000 +z:CZ(fb
Cr. Cash in Bank RMB 2500000 <H5n>3#pH
Cr. Non-operating Income RMB 500000 -XBKOybHBO
Required: "[jhaUAK
(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. Qj
6gg
(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: y@o9~?M
(a)Inventory Turnover Rate in 20×8; (px*R~}
(b)Gross Profit Ratio in 20×8; _{6,.TN
(c)After Tax Return on Total Assets in 20×8; and 01LZE,.
(d)Current Ratio as at December 31, 20×8 RDs,sj/Y9?
(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. B*?ZE4`
【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。 FOCoiocPi
以下是未经审计财务报表的部分信息: x7"z(rKl
(单位:千元) i>Z|6 5
项目 20×8 20×7 cT-K@dg
营业收入 64 000 48 000 6P;o 6s
营业成本 54 000 42 000 |H ^w>mk
净利润 30 -20 j|VXC(6P,
Qm.z@DwFM{
20×8年12月31日 20×7年12月31日 N9i}p^F<_
存货 16 000 12 000 #_.g2 Y
流动资产 60 000 50 000 \f(Y:}9
总资产 100 000 90 000
?. zu2
流动负债 20 000 18 000 3<c*v/L{C\
总负债 30 000 25 000 H1`
rM^,%A
在审计过程中,约翰发现以下事项: b/}'Vf[
(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: sS,
zzx<
借:银行存款5 820 000 {]
&R8?%
财务费用 180 000 CE~r4
贷:应收票据6 000 000 IWAj Mwo
(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: r_L
u~y|
借:营业外支出 3 000 000 [J~aAB
贷:预计负债 3 000 000
L~*u4
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: L)q`D2|'
借:预计负债 3 000 000 RK?jtb=&A
贷:银行存款 2 500 000 qE>i,|rP`
营业外收入 500 000
d,)}+G
要求: 3PfiQ|/b
(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。 8NnhT E
(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: <O ;&qT*b
(a)20×8年存货周转率 5pO]vBT
(b)20×8年销售毛利率 c#=&!FRe
(c)20×8年总资产净利率 /sy-;JDnsu
(d)20×8年12月31日的流动比率 6hZ.{8e0
(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) !0`lu_ZN
【答案】 49o\^<4b
(1)应选择营业收入作为计算重要性水平的基础。 f,|QAj=a
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 dIma{uv
&a.']!$^"
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 x@htx?
销售毛利率=(64000-54000)/64000×100%=15.63% PmHd9^C
总资产净利率=30/[(100000+90000)/2]=0.03% 5)w4)K-%
流动比率=60000/20000=3 d>UnJ)V}
(3) O{~KR/
a.应建议做如下审计调整分录: ^D>fis
借:应收票据 6 000 000 JlUb0{8PE
贷:短期借款 5 820 000 UanEzx%
财务费用 180 000 2zhn`m
b.应建议做如下审计调整分录: =tq1ogE
借:预计负债 3 000 000 #+$ zE#je
贷:营业外支出 500 000 v{r1E]rY
其他应付款 2 500 000 F"I*-!o