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)。 !rb)Y;WQt
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: #E5#{bra
(Expressed in RMB thousands) 6aCAz2/
FINANCLAL STATEMENTS ITEMS _zJY1cr
20×8 j !&g:{ e
20×7 q{@>2AlK
-DX|[70
Sales p(Y'fd}
64000
?.|qRzWL
48000 W=mh*G3y
/4w&! $M-
Cost of sales fbNVmjb$)
54000 ,":ADO-
42000 !s\-i6S>
cliP+#
Net profit qQ/j+
30 FlD
!?
-20 ED[PP2[/
-}9ZZ#K
s~]Ri:7~
December 31, 20×8 65=i`!f
December 31, 20×7 q3T'rw%Eh
xlqRW"
Inventory +_06{7@h
16000 h<6@&yzp
12000 oVb6,Pn
hn)mNb!
Current assets ~7 C` a$
60000 w80g)4V+
50000 `WC~cb\
pUYa1 =
Total assets 6Ei>VcN4a
100000 ^&h|HO-5
90000 -"\z|OQ
t 4{{5U'\
Current liabilities JDD(e_dw
20000 5=.,a5
18000 [US.n+G6
#J, `a.
Total liabilities 6@ET3v
30000 ]5YG*sD4
25000 M!,$i
u(\b1h n
FoInJ(PDH
During the audit, John has the following findings: ?#rDoYt/Sx
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: +<"sC+2
Dr. Cash in Bank RMB 5820000 }a'8lwF%I
Dr. Financial Expenses RMB 180000 ,l#V
eC
Cr. Notes Receivable RMB 6000000 zRD{"uqi
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: ts{Tk5+
Dr. Non-operating Expenses RMB 3000000 hoO8s#0ED
Cr. Provisions RMB 3000000 Tr(w~et
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 zK}$W73W^
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: gK
9@-e
Dr. Provisions RMB 3000000 Jf|J":S
Cr. Cash in Bank RMB 2500000 o D*h@yL
Cr. Non-operating Income RMB 500000 0{@E=}}h
Required: X@\rg}kP
(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. DKF`uRvGN:
(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: RnIL>Akp
(a)Inventory Turnover Rate in 20×8; Xi6XV3G
(b)Gross Profit Ratio in 20×8; {&4+W=0
n
(c)After Tax Return on Total Assets in 20×8; and RoJ{
ou@cs
(d)Current Ratio as at December 31, 20×8 cmZ39pjBJ
(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. [L{q
【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。 /V2Ih
以下是未经审计财务报表的部分信息: {Tm31f(oD
(单位:千元) cIw)ScY
项目 20×8 20×7 |jU/R
营业收入 64 000 48 000 Wepa;
营业成本 54 000 42 000 -nV]%vJ$R}
净利润 30 -20 =xw) [
/U`"
Xx
20×8年12月31日 20×7年12月31日 @@# ^G8+l
存货 16 000 12 000 f}Mc2PQ-
流动资产 60 000 50 000 (VI4kRj
总资产 100 000 90 000 }(hx$G^M
流动负债 20 000 18 000 0AZ Vc
总负债 30 000 25 000 dK#:io[Nz
在审计过程中,约翰发现以下事项: v<ASkkh>
(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: @v2_gjRe
借:银行存款5 820 000 MIsjTKE
财务费用 180 000 ^}a..@|%W
贷:应收票据6 000 000 ^$FHI_
(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: Z0`Bn5
借:营业外支出 3 000 000 H]H*Ouu["e
贷:预计负债 3 000 000 3T'9_v[Y
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: p[!&D}&6h
借:预计负债 3 000 000 :3gtc/p t>
贷:银行存款 2 500 000 ,j:`yB]4,
营业外收入 500 000 \3"4;fM!i
要求: K pDK Ii
(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。 ,gVA^]eDh
(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: nVoL7ew+
(a)20×8年存货周转率 U6t>UE6k
(b)20×8年销售毛利率 Ovxs+mQ
(c)20×8年总资产净利率 P6!c-\
(d)20×8年12月31日的流动比率 bz[U<