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)。 ,+q5e^P
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: ;%%
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(Expressed in RMB thousands) KDY~9?}TM
FINANCLAL STATEMENTS ITEMS N.VzA
6C
20×8 `yVJ `}hm
20×7 *|4~
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bG5c~
Sales lh5k@\X
64000 SQliF[
-
48000 ^ i\zMMR
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Cost of sales iBc(
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54000 mMa7
Eyaf
42000 ;/YSQt)rc>
!867DX3*
Net profit 'Oq}BVR&
30 ZkK +?:9
-20 {~=[d`t
-Y+[`0$'
kp0>8rkF
December 31, 20×8 @c&)K^v8
December 31, 20×7 7#<|``]zNf
zKI(
yC
Inventory 5v?6J#]2
16000 *rqih_j0
12000 5[;^Em)C
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Current assets V6Q[Y>84~a
60000 aoCyYnZD
50000 K{0m
b
NcPzmW{#;g
Total assets '9b<r7\@
100000 yCQpqh
90000 *FqNzly
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Current liabilities zZA I"\;W
20000 [OMKk#vW
18000 :qnRiK]
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Total liabilities PAqziq.
30000 =b;v:HC
25000 ?B[Z9Ef"8l
t<$yxD/R
7IFUsli]
During the audit, John has the following findings: |_2O:7qe
(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: Ib!`ChZ
Dr. Cash in Bank RMB 5820000 &yYK%~}t[
Dr. Financial Expenses RMB 180000 kWr*+3Xq
Cr. Notes Receivable RMB 6000000 8rw;Yo<k
(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: H,?AaM[V
Dr. Non-operating Expenses RMB 3000000 s=28.
Cr. Provisions RMB 3000000 <Q%o}m4Kt
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ! 5[?n3
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: <iL+/^#
Dr. Provisions RMB 3000000 fOrqY,P'
Cr. Cash in Bank RMB 2500000 $H-s(3vq
Cr. Non-operating Income RMB 500000 _hXadLt
Required: BPC$ v\a
(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. :JPI#zZun
(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: S6Kaw
(a)Inventory Turnover Rate in 20×8; D?9=q
(b)Gross Profit Ratio in 20×8; R`/nsou
(c)After Tax Return on Total Assets in 20×8; and /(vT49(]
(d)Current Ratio as at December 31, 20×8 r$*k-c9Bf
(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. `<[Zs]Fe4
【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。 %*LdacjZ
以下是未经审计财务报表的部分信息: "IB)=Hc
(单位:千元) }!B<MGBd
项目 20×8 20×7 4(o0I~hpB?
营业收入 64 000 48 000 yzXwxi1#
营业成本 54 000 42 000 0Wk}d(f
净利润 30 -20 @8Co5`CVl
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20×8年12月31日 20×7年12月31日 1{"e'[L
存货 16 000 12 000 2\m+
流动资产 60 000 50 000 Ej
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总资产 100 000 90 000 hcM 0?=
流动负债 20 000 18 000 (swP#t5S
总负债 30 000 25 000 ~Ge-7^Fo7
在审计过程中,约翰发现以下事项: $(C71M|CT
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: /I: d<A
借:银行存款5 820 000 {T=I~#LjMI
财务费用 180 000 l HZf'P_Wx
贷:应收票据6 000 000 S[* e K
Z
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: <y~`J`-
借:营业外支出 3 000 000 |L0 s
贷:预计负债 3 000 000 nuXaZRH
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: ou@Dd4
借:预计负债 3 000 000 OHe<U8iu%
贷:银行存款 2 500 000 l6)*u[}E
营业外收入 500 000 3
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要求: A2F+$N
(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。 V .$<