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)。 '&`Zy pq
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: 09Fr1PL
(Expressed in RMB thousands) .hvIq
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FINANCLAL STATEMENTS ITEMS :KQ<rL
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20×8 0@
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20×7 7L!k9"X`0F
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Sales d-Sm<XHu.
64000 U@9n7F
48000 }}
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Cost of sales `0L!F"W
54000 A >e%rx
42000 X0m\
3V-pLs|
Net profit _^KD&t%!+y
30 3h4>edM
-20 P63f0F-G
|2mEowAd
Agl[Z>Q
December 31, 20×8 /t816,i
December 31, 20×7 [u<1DR
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Inventory qp7>_B
16000 ~($h9*\
12000 s)}C&T$Y.
8 }-"&-X
Current assets +Ta7b)
60000 S
W bwD/SN
50000 pBHr{/\5
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Total assets zg
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100000 )s!x)< d;
90000 F77~156
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Current liabilities f@Db._E
20000 !?]NMf_
18000 +YP,LDJ!v
=>4,/g3
Total liabilities KX{ S8_
30000 GR/
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25000 &QvWT+]c'0
3^8%/5$v
Z(Xu>ap
During the audit, John has the following findings: sI#K01;"
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: #\fApRL
Dr. Cash in Bank RMB 5820000 q")}vN
Dr. Financial Expenses RMB 180000 gg933TLu(Q
Cr. Notes Receivable RMB 6000000 /KH3v!G0
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: pm^[ve
Dr. Non-operating Expenses RMB 3000000 &ceZu=*
Cr. Provisions RMB 3000000 k
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 H$Q_K<V
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: XmLHZ,/
Dr. Provisions RMB 3000000 rNdap*.
Cr. Cash in Bank RMB 2500000 o
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Cr. Non-operating Income RMB 500000 o: qB#8X
Required: s2q#D.f
(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. gzxLHPiw
(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: gwNv;g
(a)Inventory Turnover Rate in 20×8; \
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(b)Gross Profit Ratio in 20×8; 7u0!Q\
(c)After Tax Return on Total Assets in 20×8; and hmQD-E{Ab
(d)Current Ratio as at December 31, 20×8 =Bl#CE)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. $kg!XT{V
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 D[ny%9 :
以下是未经审计财务报表的部分信息: T~_+\w
(单位:千元) ^,@Rd\q
项目 20×8 20×7 jrG@
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营业收入 64 000 48 000 yo3'\I
营业成本 54 000 42 000 *SLv$A
净利润 30 -20 UfXqcyY(
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20×8年12月31日 20×7年12月31日 CKyX Z
存货 16 000 12 000 Za5*HCo
流动资产 60 000 50 000 A6=
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总资产 100 000 90 000 3}2'PC
流动负债 20 000 18 000 0OP6VZ\
总负债 30 000 25 000 $yBU
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在审计过程中,约翰发现以下事项: Y ~xcJH
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: uee2
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借:银行存款5 820 000 S+7>Y? B!
财务费用 180 000 UJ2Tj+
贷:应收票据6 000 000
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(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: !'[f!vsyM{
借:营业外支出 3 000 000 :voQ#f=
贷:预计负债 3 000 000 Syo1Dq6z.
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: R=xT \i{4h
借:预计负债 3 000 000 V_$ BZm%8J
贷:银行存款 2 500 000 {O[a+r.n
营业外收入 500 000 8W9kd"=U
要求: y>UM~E
(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。 Quqts(Q) +
(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: ^3^n|T7le
(a)20×8年存货周转率 twq!@C
(b)20×8年销售毛利率 ]`b/_LJN$F
(c)20×8年总资产净利率 ?l
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(d)20×8年12月31日的流动比率 Tm
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(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) q",n:=PL
【答案】 H_
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(1)应选择营业收入作为计算重要性水平的基础。 ] K3^0S/
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 C5c@@ch :
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 <}&n}|!
销售毛利率=(64000-54000)/64000×100%=15.63% |L11?{ K
总资产净利率=30/[(100000+90000)/2]=0.03% Ys|tGU
流动比率=60000/20000=3 D37N*9}
(3) !uL z%~F
a.应建议做如下审计调整分录: ]6bh #N;.
借:应收票据 6 000 000 ,6
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贷:短期借款 5 820 000 zW+X5yK
财务费用 180 000 &!SdO<agZ
b.应建议做如下审计调整分录: Kc$j<MRtv
借:预计负债 3 000 000 4V@raI-
贷:营业外支出 500 000 2v\,sHw+-
其他应付款 2 500 000 ph
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