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)。 _^_3>}y5op
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: ?}Zo~]7E
(Expressed in RMB thousands) %"{P?V<-V
FINANCLAL STATEMENTS ITEMS zmhc\M?z
20×8 +
?)7l
20×7 &2W"4SE]6
v< P0f"GH
Sales a"@f< wU~
64000 daSe0:daJ
48000 Wc@
,#v
63E6nW M
Cost of sales ~xqiasE#K
54000 T";evM66
42000 KS
*,'hvY
#Vum
Net profit |^1g*fy?
30 .))g]CH
-20 c'Z=uL<Rm
Mxl;Im]!`.
WaB0?jI
December 31, 20×8 sywuS
December 31, 20×7 EV( F!&
|Ahf 01
Inventory s)WA9PiC
16000 =AO
(
12000 0d+n[Go+S
CR$wzjP j
Current assets (7qlp*8.s
60000 Cf(WO-F^
50000 eWFkUjz
! ;>s .]
Total assets K<^p~'f4P
100000 P^OmJ;""D
90000 Pm%xX
~H
K+)3 LR^
Current liabilities T+L=GnYl
20000 B .y}S
18000 ?pZ"7kkD
[7}3k?42X
Total liabilities kl]V_ 7[
30000 zr!7*,
p
25000 iZG-ca
YC1Bgz
E_~e/y"-
During the audit, John has the following findings: [;wJM|Z J0
(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: ?7fqWlB
Dr. Cash in Bank RMB 5820000 9`Qa/Y!
Dr. Financial Expenses RMB 180000 6rnFXZ\
Cr. Notes Receivable RMB 6000000 xT 06*wQ
(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: z%E(o%l8
Dr. Non-operating Expenses RMB 3000000 zg ,=A?
Cr. Provisions RMB 3000000 *IOrv)
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 l<1zLA~G
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: ow'G&<0b
Dr. Provisions RMB 3000000 _GkLspS
aU
Cr. Cash in Bank RMB 2500000 AZ(zM.y!#_
Cr. Non-operating Income RMB 500000 g)6>=Qo`8E
Required: ,a&,R*r@&
(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. }<~(9_+
(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: s'yR2JYv
(a)Inventory Turnover Rate in 20×8; E2M<I;:EA
(b)Gross Profit Ratio in 20×8; H{n:R *
(c)After Tax Return on Total Assets in 20×8; and "_&ZRcd*
(d)Current Ratio as at December 31, 20×8 /W
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(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. CF>&mXg\
【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。 Y/J~M$9P,
以下是未经审计财务报表的部分信息: $ ,K@xq5
(单位:千元) (nO2+@!
项目 20×8 20×7 Qc
rhgR
营业收入 64 000 48 000 xS UpVK
营业成本 54 000 42 000 ?lkB{-%rQ
净利润 30 -20 1 ?BLL;[a8
6hj[/O)E
20×8年12月31日 20×7年12月31日 Q~(Qh_Ff
存货 16 000 12 000 hV~M!vFxA
流动资产 60 000 50 000 bVz<8b6h'-
总资产 100 000 90 000 |yz[mP*;o
流动负债 20 000 18 000 [;{xiW4V]
总负债 30 000 25 000 Vz0
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在审计过程中,约翰发现以下事项: a+HK
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(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: v'
t'{g%
借:银行存款5 820 000 >>$L
vQ
财务费用 180 000 S!PG7hK2
贷:应收票据6 000 000 Ye]K 74M.
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: 2pmj*Y3"8
借:营业外支出 3 000 000 1qR$ Yr\
贷:预计负债 3 000 000 Qw5-/p=t
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: \FfqIc9;
借:预计负债 3 000 000 Aa_@&e
贷:银行存款 2 500 000 vLxaZWr
营业外收入 500 000 7HVENj_b+M
要求: AS]8rH
(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。 "8%$,rG1&
(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: \)5mO 8w
(a)20×8年存货周转率 9n i
s8
(b)20×8年销售毛利率 L~f~XgQ
(c)20×8年总资产净利率 9{4oz<U
(d)20×8年12月31日的流动比率 lv?`+tU2_
(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) cWo>DuW&
【答案】 vv&< 7[
(1)应选择营业收入作为计算重要性水平的基础。 OLIMgc(W
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 4`"}0:t.
Yr"Of*VNH
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Pk;/4jt4
销售毛利率=(64000-54000)/64000×100%=15.63% Y2tVq})!
总资产净利率=30/[(100000+90000)/2]=0.03% S rH::-{
流动比率=60000/20000=3 h! uyTgq
(3) JmDxsb^
a.应建议做如下审计调整分录: va_u4
借:应收票据 6 000 000 "Y^j=?1k
贷:短期借款 5 820 000 <[n:Ij
财务费用 180 000 ;6 W[%{
b.应建议做如下审计调整分录: Xg]Cq"RJC
借:预计负债 3 000 000 QxG^oxU}
贷:营业外支出 500 000 I4%kYp]
其他应付款 2 500 000
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