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)。 K7jz*|2
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: \0'0)@uziQ
(Expressed in RMB thousands) -Y:^<C^^&8
FINANCLAL STATEMENTS ITEMS -h|YS/$f
20×8 /z(;1$Ld6{
20×7 ;v=v4f'+
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Sales A2xfNY<
64000 '
Akt5q
48000 <aVfgVS
rO;Vr},3\%
Cost of sales 6+Bccqn|
54000 S(Ej:
H
42000 )V6<'>1WZ
[$+N"4
Net profit 8h=Rfa9
30 6.>l
-20 A]WR
-0Z7
&|j^?ro6
r'/H3
December 31, 20×8 HT@/0MF{J
December 31, 20×7 9yA? 82)E
B?|url6h
Inventory qE W3k),
16000 `VzjXJw
12000 X61p xPa
E#I^D/0
Current assets g~Hmka_fD1
60000 ~,:
FZ1wh
50000 b+DBz}L4
>kN%R8*Sx
Total assets F~O}@e{
100000 m
@2;9
90000 a{deN9Qn
54geU?p0
Current liabilities ySXQn#}-,
20000 5[\LQtM
18000 h,u?3}Knnb
nsM :\t+
p
Total liabilities lgL|[ik`
30000 )vcyoq
25000 \as^z!<
<`/22S"
e>a4v8
During the audit, John has the following findings: g/v"E+
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 8F#z)>q~
Dr. Cash in Bank RMB 5820000 3%'Y):
Dr. Financial Expenses RMB 180000 <JyF5
Cr. Notes Receivable RMB 6000000 I_\#(
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: #;WKuRv
Dr. Non-operating Expenses RMB 3000000 QT\=>,Fz _
Cr. Provisions RMB 3000000 mO1r~-~AJ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 9R6]OL)p
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 2&+Nr+P
Dr. Provisions RMB 3000000 ;xKPa6`E
Cr. Cash in Bank RMB 2500000 4{Q{>S*h
Cr. Non-operating Income RMB 500000 |[lmW%
Required: "F3M m
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 8U$(9X
(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: 0K*|B.O
(a)Inventory Turnover Rate in 20×8; Munal=wL
(b)Gross Profit Ratio in 20×8; {0t-Q k
(c)After Tax Return on Total Assets in 20×8; and %Uz
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(d)Current Ratio as at December 31, 20×8 5?{ytNCY
(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. =bwuLno>
【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。 ^jiYcg@_[
以下是未经审计财务报表的部分信息: m\];.Da
(单位:千元) E/6@>.T?'
项目 20×8 20×7 -{tB&V~+v
营业收入 64 000 48 000 ;94e
营业成本 54 000 42 000 "Om4P|
净利润 30 -20 !eH9LRp
ff3HR+%M
20×8年12月31日 20×7年12月31日 MMYV8;c
存货 16 000 12 000 9jC>OZ0s
流动资产 60 000 50 000 ;*Z.|?3MM
总资产 100 000 90 000 s?g`ufF.t
流动负债 20 000 18 000 [|)Eyd[G
总负债 30 000 25 000 lNQ8$b
在审计过程中,约翰发现以下事项: K\2UwX
(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_.K9;Gd
借:银行存款5 820 000 fZH";_"1
财务费用 180 000 {f9jK@%Gy
贷:应收票据6 000 000 hj_%'kk-A
(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: 4-wCk=I
借:营业外支出 3 000 000 r-,P
贷:预计负债 3 000 000 <.HDv:
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: b# RTHe&X
借:预计负债 3 000 000 0<{zW%w
贷:银行存款 2 500 000 \>%.ktG
营业外收入 500 000 @0mR_\u\
要求: u*aFWl]=
(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。 9t1aR*b&@
(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: "")I1iO
g
(a)20×8年存货周转率 D_W,Jmet
(b)20×8年销售毛利率 4 )U,A~!
(c)20×8年总资产净利率 l?AWG&
(d)20×8年12月31日的流动比率 F*bmV>Qq
(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)
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【答案】
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(1)应选择营业收入作为计算重要性水平的基础。 wy1xZQ<5
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 juAUeGT
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86
xMb)4 cw}
销售毛利率=(64000-54000)/64000×100%=15.63% #:5vN-9?
总资产净利率=30/[(100000+90000)/2]=0.03% tsLi5;KA]
流动比率=60000/20000=3 # R
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(3) >C1**GQ
a.应建议做如下审计调整分录: E[Rd=/P6
借:应收票据 6 000 000 VEuT!^0Z
贷:短期借款 5 820 000 h)MU^aP
财务费用 180 000 >H*?ktcW
b.应建议做如下审计调整分录: )225ee>
借:预计负债 3 000 000 J'%
贷:营业外支出 500 000 e{~3&
其他应付款 2 500 000 B}(+
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