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)。 EXeV@kg
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: 9~=zD9,|iA
(Expressed in RMB thousands) [?N,3
FINANCLAL STATEMENTS ITEMS j xI;clr
20×8 JZ`u?ZaJ/s
20×7 l4$ sku-
mg:kVS
Sales GmNC
w5F
64000 OMk3\FV2Z
48000 >y8>OJ?A7-
~roNe|P
Cost of sales Jq)k5X>&Sj
54000 ;/V])4=
42000 $hCS-9%&
HdlOGa6C
Net profit "Ai\NC
30 -flcB|I`
-20 r{?qvl!q
e}5
x6t
%`pi*/(
December 31, 20×8 >!Y#2]@}o
December 31, 20×7 "Ia.$,k9
A?04,l]y
Inventory bn|HvLQ"1
16000 8>j&) @q
12000 Q1*_l
E8PwA.
Current assets i{N?Y0YQs0
60000 ,#BD/dF
50000 G[ns^
4xT /8>v2|
Total assets TT9
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100000 %h0BA.r
90000 lE%
KzX?&
v B~VJKD
Current liabilities %n6<6t`$
20000 -wH0g^Ed
18000 e~*
tQ4
sa<\nH$_X
Total liabilities IHCxM|/k(M
30000
,
0X J|#%
25000 lAG@nh^
\c{sG\ >
OR+_s @Yg
During the audit, John has the following findings: WU=EJY}#n
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 78:x{1nUM[
Dr. Cash in Bank RMB 5820000 cV1E<CM
Dr. Financial Expenses RMB 180000 ^GYVRD
Cr. Notes Receivable RMB 6000000 /ho7~C+H*e
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: \;_tXb}F
Dr. Non-operating Expenses RMB 3000000 Ki:t!vAO
Cr. Provisions RMB 3000000 I
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 %j@/Tx/
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: z^*g2J,
Dr. Provisions RMB 3000000 dm
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Cr. Cash in Bank RMB 2500000 Ui"$A/
Cr. Non-operating Income RMB 500000 n>B
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Required: h
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(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. JgHYuLB
(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: pUmT?N!
(a)Inventory Turnover Rate in 20×8; *C|*{!
(b)Gross Profit Ratio in 20×8; 0n4( Rj|}2
(c)After Tax Return on Total Assets in 20×8; and nfZe
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(d)Current Ratio as at December 31, 20×8 ;B2kot7
(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. sqF.,A,
【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。 %*<Wf4P"
以下是未经审计财务报表的部分信息: OcpvY~"Pr
(单位:千元) &xUCXj2-z
项目 20×8 20×7 !]7b31$M_
营业收入 64 000 48 000 N`,,sw
营业成本 54 000 42 000 #~m^RoE
净利润 30 -20 N&G(`]
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20×8年12月31日 20×7年12月31日 sAA;d
存货 16 000 12 000 W:j9 KhvT
流动资产 60 000 50 000 h(~of(
总资产 100 000 90 000 2YQBw,gG
流动负债 20 000 18 000 <
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总负债 30 000 25 000 N|"q6M!ZL
在审计过程中,约翰发现以下事项: zA|lbJz=GY
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: %< ;u
JP K
借:银行存款5 820 000 b
s%
RWwn
财务费用 180 000 `B8`<3k/(
贷:应收票据6 000 000 :.BjJ2[S
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: WSU/Z[\`H
借:营业外支出 3 000 000 A=ez,87
贷:预计负债 3 000 000 Kx[+$Qt
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: zmuRn4Nv
借:预计负债 3 000 000 &{wRB l #
贷:银行存款 2 500 000 :KRNLhWb
营业外收入 500 000 *\iXU//^)
要求: RvU'8Y?>w
(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。 l.;^w
(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: )FA:wsy~E
(a)20×8年存货周转率 &F;bg
(b)20×8年销售毛利率 Hi\z-P-
(c)20×8年总资产净利率 eLHhfu;k
(d)20×8年12月31日的流动比率 I3Z\]BI
(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) }43qpJe8U
【答案】 )VG>6x
(1)应选择营业收入作为计算重要性水平的基础。 it>l?h7 I
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 cFjD*r-
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 +g1+,?cU
销售毛利率=(64000-54000)/64000×100%=15.63%
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总资产净利率=30/[(100000+90000)/2]=0.03% M0vX9;J
流动比率=60000/20000=3 u]9 #d^%V
(3) !xg10N}I
a.应建议做如下审计调整分录: X
g7xy>{]
借:应收票据 6 000 000 PRyzvc~
贷:短期借款 5 820 000 OYa9f[ $
财务费用 180 000 S5L0[SZ$!
b.应建议做如下审计调整分录: tk 5p@l
借:预计负债 3 000 000 siV]NI':|
贷:营业外支出 500 000 v$;URF%^
其他应付款 2 500 000 Y@Ry
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