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)。 /':64#'
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: %n8CK->
(Expressed in RMB thousands) V=th-o3[
FINANCLAL STATEMENTS ITEMS /{jt]8/;7
20×8 :
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20×7 &7>]# *
C& XPn;f
Sales ce
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64000 Yt,MXm\
48000 |r,})o>
jb,a>9]p
Cost of sales T0"nzukd
54000 BBGub?(dR
42000 5#N<~
gPc1oc(
Net profit WQze|b%
30 Uf]$I`T#
-20 V_D wHq2
r79P|)\
2yZ~j_AF[
December 31, 20×8 +;,J0,Yn
December 31, 20×7 K@%T5M4j
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Inventory fp\mBei
16000 dmv0hof
12000 "=C~IW
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Current assets QRKP;aYt
60000 EA1&D^nT
50000 4|I;z
Qt{V&Z7
Total assets NB'G{),)Z
100000 D]aQt%TL
90000 ~MC5rOA
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Current liabilities 2Q]W
20000 iHf):J?8
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18000 ,30lu a
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Total liabilities $kHXt]fU
30000 0F![<5X
25000 zA+0jhuG
T+E
wC)Ll
MaD| X_g
During the audit, John has the following findings: w6h83m
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(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: cC/32SmY4
Dr. Cash in Bank RMB 5820000 l/B+k
Dr. Financial Expenses RMB 180000 Opg_-Bf
Cr. Notes Receivable RMB 6000000 5{+2#-
(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: ^'tT_
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Dr. Non-operating Expenses RMB 3000000 x0{B7/FN
Cr. Provisions RMB 3000000
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 }Rh%bf7,
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: cpw=2vnD
Dr. Provisions RMB 3000000 yi~]}M
Cr. Cash in Bank RMB 2500000 a'Odw2Q_
Cr. Non-operating Income RMB 500000 i%<NKE;v7m
Required: YIZu{
(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. LWhy5H;Es
(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: lDKyD`WKnZ
(a)Inventory Turnover Rate in 20×8; 5[B)U">]
(b)Gross Profit Ratio in 20×8; C@]D*k
(c)After Tax Return on Total Assets in 20×8; and Nl,iz_2]
(d)Current Ratio as at December 31, 20×8 C{nk,j
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(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. dyf>T}Iy
【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。 -EFdP] XO
以下是未经审计财务报表的部分信息: /4+Q;
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(单位:千元) Yq
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项目 20×8 20×7 0m.`$nlV-
营业收入 64 000 48 000 4
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营业成本 54 000 42 000 us1$
净利润 30 -20 GhcH"D%-
?q Q.Wj6Mj
20×8年12月31日 20×7年12月31日 fJ
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存货 16 000 12 000 4Hb"yp$
流动资产 60 000 50 000 p$x>I3C(\
总资产 100 000 90 000
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流动负债 20 000 18 000 0[<'ygu
总负债 30 000 25 000 lqh:c
在审计过程中,约翰发现以下事项: -}sMOy`
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: B:UPSX)A
借:银行存款5 820 000 ecH7")
财务费用 180 000 eNi#% ?=WB
贷:应收票据6 000 000 o+{i26%
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: )G, S7A
借:营业外支出 3 000 000 }1V+8'D
贷:预计负债 3 000 000 k'&1,78[l
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Evg#sPu\
借:预计负债 3 000 000 gp 11/.
贷:银行存款 2 500 000 ;@gI*i
N"
营业外收入 500 000 mAW(j@5sp
要求: AB+lM;_>
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 33eOM(`D[
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: lFcHE c
(a)20×8年存货周转率 qRcg|']R
(b)20×8年销售毛利率 bf1$:09
(c)20×8年总资产净利率 (vi^ t{k
(d)20×8年12月31日的流动比率 W=+A
U!%
(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) 1|>vk+;1h
【答案】 . uGne
(1)应选择营业收入作为计算重要性水平的基础。 -Q
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 |9
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 g[@0H=
销售毛利率=(64000-54000)/64000×100%=15.63% 5&L*'kV@
总资产净利率=30/[(100000+90000)/2]=0.03% 9{S$%D
流动比率=60000/20000=3 fU%Ys9:wU
(3) Gf.xr%mUZr
a.应建议做如下审计调整分录: b">"NvlB
借:应收票据 6 000 000 n!X%i+|4x
贷:短期借款 5 820 000
&,Loqr
财务费用 180 000 (;9fkqm%m
b.应建议做如下审计调整分录: ^b$G.h{o!E
借:预计负债 3 000 000 Rc D5X{qS#
贷:营业外支出 500 000 Q;=4']hYU
其他应付款 2 500 000 =F/ R*5:T