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)。 x\8g ICf
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: CLzF84@W=
(Expressed in RMB thousands) m(U.BXo
FINANCLAL STATEMENTS ITEMS m;l[flQ~
20×8 _>\33V-?b
20×7 ,HTwEq>-G
i@nRZ$ K
Sales UTh2?Rh/
64000 /~u^@@.
48000 X^N6s"2
W,6q1
Cost of sales Q4-d|
54000 9)v]j
k
42000 lf>d{zd5
@y7KP$t
Net profit O=7S=Rm4&
30 `aAE4Ry?
-20 y,`n9[$K\
H 4ELIF#@
#1E4
R}B
December 31, 20×8 U<0Wa>3zj
December 31, 20×7 IF6$@Q
>y#MEN>?
Inventory \99'#]\_/E
16000 aC2Vz9e
12000 <M
1*gz
9nc_$H{
Current assets aUZ?Ue9l>2
60000 &?bsBqpN
50000 #Mn?Nn
rtz-kQ38R
Total assets f|B\Y/*X
100000 qfl!>
90000 tqh)yr;
Yv]vl6<
Current liabilities RNw#sR
20000 `RSiZ%Al
18000 vw!7f|Pg ~
6
:3Id
Total liabilities *uRDB9#9,
30000 m<3. X"-
25000 j1g$LAe
^2$b8]q
&%j`WF4p
During the audit, John has the following findings: A+M4=
(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: iu=Mq|t0
Dr. Cash in Bank RMB 5820000 J&~I4ko]
Dr. Financial Expenses RMB 180000 /ojwOJ
Cr. Notes Receivable RMB 6000000 YT!iI
(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: & n@hD7=(
Dr. Non-operating Expenses RMB 3000000 @JhkUGG]p
Cr. Provisions RMB 3000000 Q"
h
]p
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 seK;TQ3/7
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: c!6v-2ykv
Dr. Provisions RMB 3000000 h )Y.jY
Cr. Cash in Bank RMB 2500000 (Ud"+a
Cr. Non-operating Income RMB 500000 ;hq_}.
Required: 8/R$}b><
(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. 3l~7
(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: [C4{C4TX
(a)Inventory Turnover Rate in 20×8; Dz~^Au
D6
(b)Gross Profit Ratio in 20×8; Pzzzv^+
(c)After Tax Return on Total Assets in 20×8; and
$m5Iv_
(d)Current Ratio as at December 31, 20×8 2( GYk
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. `Z>=5:+G@2
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 n-M6~
以下是未经审计财务报表的部分信息: v2]N5
(单位:千元) X
kqsL0\
项目 20×8 20×7 2
oL$I(83
营业收入 64 000 48 000 igTs[q=Ak
营业成本 54 000 42 000 H?r~% bh
净利润 30 -20 RjUrpS[I
cLL2
'
20×8年12月31日 20×7年12月31日 THOYx :Nr;
存货 16 000 12 000 OjffN'a+N
流动资产 60 000 50 000 9s5s;ntz"
总资产 100 000 90 000 V_$<^z|
流动负债 20 000 18 000 [^a7l$fmi
总负债 30 000 25 000 Cd^1E]O0{
在审计过程中,约翰发现以下事项: e/g9r
(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: ]lGkZyUhI
借:银行存款5 820 000 B=W#eu
<1
财务费用 180 000 (kX:@9Pn
贷:应收票据6 000 000 $ZyOBxI
(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: 6W YVHG
借:营业外支出 3 000 000 9
AD*
贷:预计负债 3 000 000 3<)][<Ud
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: s~(
`~Y4
借:预计负债 3 000 000 #lMIs4i.
贷:银行存款 2 500 000 L:&