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)。 VTQ V]>|
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: A&X(\ c M
(Expressed in RMB thousands) 8\HL8^6c5
FINANCLAL STATEMENTS ITEMS VI7f}
20×8 =(:{>tO_"
20×7 /|V!2dQs"
iq2)oC_
Sales <qjNX-|
64000 a3D
''Ra
48000 !D6
X- 2 rC
Cost of sales dCv@l7hE
54000 t&}Z~Zp
42000 )Be?axI
"&;8U.
Net profit G<n(\85X
30 )rcFBD{vM
-20 HYm
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^Z1t'-xZ
4Gz5Ju
December 31, 20×8 w/_n$hX
December 31, 20×7 1{D_30sG.
@a-u_|3q
Inventory vM
)2F
16000 P7ktr?V0a
12000 W[Kv
Qt3%
ZI.;7G@|
Current assets .,Qj3
60000 RO.GD$ 3n
50000
7OuzQzhcK
W,<L/ZKJ
Total assets Z3jh-{ 0
100000 GVS-_KP\
90000 -+MGs]),
>d#oJ?goX
Current liabilities :lf;CT6$
20000
}#0MJ6L
18000 &%J+d"n(
70pt5O3]
Total liabilities OS|uZ<"Rq3
30000 '2)c;/-E
25000 %f??O|O3
T'YHV}b}vX
QY14N{]T\p
During the audit, John has the following findings: P(iZGOKUs=
(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: dLA'cQId
Dr. Cash in Bank RMB 5820000 ]MI>"hn
Dr. Financial Expenses RMB 180000 R}~p1=D
Cr. Notes Receivable RMB 6000000 zx)^!dEMM
(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: "V/|RC
Dr. Non-operating Expenses RMB 3000000 F.;G6
Cr. Provisions RMB 3000000 85;hs
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 !%w#h0(b
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: jC_7cAsl
Dr. Provisions RMB 3000000 <(|No3jx
Cr. Cash in Bank RMB 2500000 e| AA7
Cr. Non-operating Income RMB 500000 $7Sbz&)y3
Required: }mGOEG|F2
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. %cIF()
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: oL?[9aww
(a)Inventory Turnover Rate in 20×8; [h"#Gwb=;
(b)Gross Profit Ratio in 20×8; TTNgnP
(c)After Tax Return on Total Assets in 20×8; and 5<0d2bK$
(d)Current Ratio as at December 31, 20×8 P<+y%g(({
(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. O_}ZSB8"
【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。 dU!`aPL?
以下是未经审计财务报表的部分信息: <9za!.(zu
(单位:千元) Y>OL2g
项目 20×8 20×7 r 5$(
营业收入 64 000 48 000 >;E[XG^
营业成本 54 000 42 000 p)
x.Y
净利润 30 -20 ?(8z O"
>z=_V|^$
20×8年12月31日 20×7年12月31日 |
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存货 16 000 12 000 D+ki2UVt&
流动资产 60 000 50 000 qF9rY)ifm
总资产 100 000 90 000 6k#H>zY,
流动负债 20 000 18 000 kBPFk t2
总负债 30 000 25 000 hl4@Y#n
在审计过程中,约翰发现以下事项: zs +[Aco)
(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: 6{O#!o*g
借:银行存款5 820 000 jgiP2k[Xom
财务费用 180 000 wp/u*g
贷:应收票据6 000 000 H>AzxhX[n
(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: P\ yt!S2
借:营业外支出 3 000 000 Kd_WN;l
贷:预计负债 3 000 000 uj.~/W1,!
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: )g4oUZDF
借:预计负债 3 000 000 JOj\#!\>k0
贷:银行存款 2 500 000 7f4R5c
营业外收入 500 000 0Sz&Og
uv
要求: cz_4cMgxu
(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。 -Q@jL{Ue
(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: ^q"wd?((h
(a)20×8年存货周转率 tVx.J'"Y
(b)20×8年销售毛利率 Z$R2Z$f
(c)20×8年总资产净利率 #vO3*-hs
(d)20×8年12月31日的流动比率 Q9K+k*?{N
(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) ht^U VV2
【答案】 &`rV{%N"
(1)应选择营业收入作为计算重要性水平的基础。 ujcS>XN,1
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 UI
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 V07x+ovq
销售毛利率=(64000-54000)/64000×100%=15.63% ;F&wGe
总资产净利率=30/[(100000+90000)/2]=0.03% ~L(_q
]
流动比率=60000/20000=3 YY
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(3) YQR*?/?a
a.应建议做如下审计调整分录: dRZor gar
借:应收票据 6 000 000 ";~}"Yz?[
贷:短期借款 5 820 000 }iy`Ko+B"b
财务费用 180 000 dE5DH~ldV
b.应建议做如下审计调整分录: syh0E=If_
借:预计负债 3 000 000 JxQwxey{
贷:营业外支出 500 000 X7kJWX
其他应付款 2 500 000 @ ADY?