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)。 cz/cY:o)
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:
H!u8+
(Expressed in RMB thousands) 6 U[VoUU
FINANCLAL STATEMENTS ITEMS la w$LL
20×8 c s*E9
20×7 G.~Q2O#T
czpu^BT;;T
Sales <FBBR2
64000 p9u*l
48000 X&LJ"ahK
3nc\6v%
Cost of sales *fIn<Cc
54000 oYTLC@98}
42000 @6tczU}ak
3di;lzGq
Net profit ,=4,eCS
30 L6Brs"9B
-20 n8=Dzv0
&Tuj`DL
<N$ Hb2b
December 31, 20×8 @48!e-W
December 31, 20×7 Q\
6-SAS
rTR"\u7&H
Inventory u/6if9B
16000 h]t v+\0
12000 2w8cJadT'p
UhL1Y
NF_
Current assets f<VK\%M
60000 : slO0
50000 Nc{&AV8Y_v
#)xlBq4cZ
Total assets 7x>^ip"7
100000 3~Fag1Hp
90000 Fj~suZ`
tzGQo5\
Current liabilities -d#08\
20000 EFh^C.S8
18000 [BJzZ>cY
hk:>*B}
Total liabilities gDLS)4^w
30000 JZ`h+fAt
25000 BA1uo0S `S
H@G$K@L
eS@j? Y0y
During the audit, John has the following findings: =Q<7[
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: *->*p35
Dr. Cash in Bank RMB 5820000 *nJ,|T
Dr. Financial Expenses RMB 180000 Q c&Y|]p"
Cr. Notes Receivable RMB 6000000 MQx1|>rG
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: gggD "alDx
Dr. Non-operating Expenses RMB 3000000 .x,y[/[[)
Cr. Provisions RMB 3000000 {\0V$#q
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 |TMn
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: 3lZl
Dr. Provisions RMB 3000000 wzju)q S
Cr. Cash in Bank RMB 2500000 QJ(%rvn3
Cr. Non-operating Income RMB 500000 DMG'8\5C
Required: 0m*b9+q
(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. ~ E6e~
(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: \|QB;7u
(a)Inventory Turnover Rate in 20×8; l+P!I{n
(b)Gross Profit Ratio in 20×8; 9GCK3
(c)After Tax Return on Total Assets in 20×8; and dt"/4wCO
(d)Current Ratio as at December 31, 20×8 SN ?Z7
(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 U
【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。 tyW}=xs
以下是未经审计财务报表的部分信息: Y=G`~2Pr=
(单位:千元) ]goJ- &
项目 20×8 20×7 (:OMt2{r
营业收入 64 000 48 000 lCp6UkE
营业成本 54 000 42 000 *6AV^^
净利润 30 -20 t :YZua
3\j`
g
20×8年12月31日 20×7年12月31日 N6-7RoA+
存货 16 000 12 000 cb]X27uww
流动资产 60 000 50 000 1 mJUlx
总资产 100 000 90 000 Q%d%Io\-t
流动负债 20 000 18 000 "Ux(nt
总负债 30 000 25 000 o^X3YaS)
在审计过程中,约翰发现以下事项: b_F1?:#
(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: {c_bNYoE
借:银行存款5 820 000 7<e}5nA/
财务费用 180 000 Ya\:C]
贷:应收票据6 000 000 Uvm.|p_V
(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: "%D"h
借:营业外支出 3 000 000 K 'l-6JY-
贷:预计负债 3 000 000 b5=|1SjR
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: 0*5Jq#5
借:预计负债 3 000 000 (BP p2^
贷:银行存款 2 500 000 wM
R,r@}
营业外收入 500 000 q C cLd7`$
要求: >YWK"~|i~
(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。 (["kbPma
(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: F<p`)?
(a)20×8年存货周转率 K
|=o -
(b)20×8年销售毛利率 ux1(>
(c)20×8年总资产净利率 o[_,r]%+D
(d)20×8年12月31日的流动比率 fiWN^sTM
(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) U&])ow):
【答案】 8e>B>'nH
(1)应选择营业收入作为计算重要性水平的基础。 & tT6.@kH
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 B2]52Fg-"
8,IF%Z+LI
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ,hI$nF0}p
销售毛利率=(64000-54000)/64000×100%=15.63% JRz)A4P
总资产净利率=30/[(100000+90000)/2]=0.03% B7'#8heDh
流动比率=60000/20000=3 tkk8b6%h?p
(3) ,
p}:?uR
a.应建议做如下审计调整分录: q1u$Sm
借:应收票据 6 000 000 +u$JMp
贷:短期借款 5 820 000 G) KI{D
财务费用 180 000 [06m{QJ)1
b.应建议做如下审计调整分录: Q >[>{N&\
借:预计负债 3 000 000 ]j:k!=Ss?
贷:营业外支出 500 000 80lhhqRC
其他应付款 2 500 000 7O*Sg2B