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)。 Wu ,S\!
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: >E,Q
(Expressed in RMB thousands) f_rp<R>Uu
FINANCLAL STATEMENTS ITEMS ((qGh>*
20×8 ]
@ufV
20×7 mB~~_]M
N
QCWf.@n
Sales E30Ln_^o
64000 DY8(g=TI|1
48000 $%Z3;:<Uf-
)AI?x@
Cost of sales opXDm\
54000 [_V:)
42000 teAukE=}
d.p'pGL
Net profit
f~q4{
30 e9 *lixh
-20 Ls1B\Aw _
G{+2xN
a(
U9
bWU'
December 31, 20×8 `kFiH*5 %z
December 31, 20×7 X &D{5
~qC
`^x9(i/NE
Inventory w//omF'`
16000 `Ug tvo
12000 *jE;9^
3
<9{v
Current assets o5SQ1;`
60000 ywOmQc
Z
50000 B)M&\:
_
0\Y1}C
Total assets ~@D/A/|
100000 b1xpz1
90000 oR#Ob#&
6J\fF tB@V
Current liabilities E=]]b;u-n
20000 6Hk="$6K
18000 _w>uI57U
%m`zWg-
Total liabilities f!x[ln<
30000 hO3{
25000 gw+eM,Yp
m*dNrG
O%&cE*eX
During the audit, John has the following findings: 45<y{8
(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: FY4 T(4#
Dr. Cash in Bank RMB 5820000 :^#vxdIC?
Dr. Financial Expenses RMB 180000 A?A9`w
Cr. Notes Receivable RMB 6000000 |@wyC0k!
(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:
bq NP#C
Dr. Non-operating Expenses RMB 3000000 g*J@[y;
Cr. Provisions RMB 3000000 &I/qG`W
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Gq1)1
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: to`mnp9Z
Dr. Provisions RMB 3000000 {$33B'wk
Cr. Cash in Bank RMB 2500000 C6]OAUXy:F
Cr. Non-operating Income RMB 500000 <<,>S&/
Required: -ihiG_f
(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. 0[Eb .2I
(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: J+ts
(a)Inventory Turnover Rate in 20×8; E
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(b)Gross Profit Ratio in 20×8; cU8x Upq
(c)After Tax Return on Total Assets in 20×8; and .3X Y&6
(d)Current Ratio as at December 31, 20×8 Q4Q pn
(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. hqD
qt"dKz
【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。
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以下是未经审计财务报表的部分信息: R\O.e
(单位:千元) 5FOqv=6S
项目 20×8 20×7 q7_+}"i
营业收入 64 000 48 000 5JSrrpGr
营业成本 54 000 42 000 wk @,wOt
净利润 30 -20 s`;f2B/|
!OAvD#
20×8年12月31日 20×7年12月31日 :mZYS4L~
存货 16 000 12 000 !%[S49s
流动资产 60 000 50 000 !0"nx{7.
总资产 100 000 90 000 FFvCi@oT
流动负债 20 000 18 000 .<YcSG
总负债 30 000 25 000 =;ICa~`C;
在审计过程中,约翰发现以下事项: :NE/Ddgc'
(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: Ll}yJ#3,
借:银行存款5 820 000 BC7 7<R!E)
财务费用 180 000 .zkP~xQ~
贷:应收票据6 000 000 GLUUY
0
(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: f~ U.a.Fb
借:营业外支出 3 000 000 bRsTBp;R`I
贷:预计负债 3 000 000 uM S*(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: @D[`Oj)
借:预计负债 3 000 000 ea9oakF
贷:银行存款 2 500 000 3WUH~l{UJ
营业外收入 500 000 MKg,!TELe
要求: N+g@8Q2s;5
(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。 MbA\pG'T
(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: "pvH0"Q*
(a)20×8年存货周转率 4XJiI
a?
(b)20×8年销售毛利率 lr3
mE
(c)20×8年总资产净利率 :]II-$/8
(d)20×8年12月31日的流动比率 |"Z{I3Umg
(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) /nQ`&q
【答案】 s\3q!A?S3
(1)应选择营业收入作为计算重要性水平的基础。 m;,xmEp
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 .%}+R|g
j.|U=)E
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ,hRN\Kt)p
销售毛利率=(64000-54000)/64000×100%=15.63% +!yXTC
总资产净利率=30/[(100000+90000)/2]=0.03% WNy3@+@GZ
流动比率=60000/20000=3 j-b* C2l
(3) D1T@R)j
a.应建议做如下审计调整分录: ^jSsa
借:应收票据 6 000 000 f.xA_Y>
贷:短期借款 5 820 000 "![L#)"s
财务费用 180 000 {hdPh
L
b.应建议做如下审计调整分录: 3z8C
借:预计负债 3 000 000 o\=n4;S
贷:营业外支出 500 000 zP) ~a
其他应付款 2 500 000 55DE\<r