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)。 tQrF A2F
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: I.4o9Z[?
(Expressed in RMB thousands) _f"HUKGN
FINANCLAL STATEMENTS ITEMS s8r|48I#;
20×8
WfdM~k\
20×7 34D7qR
v$WH#;(\
Sales "M-zBBY ]
64000 |D@/4B1P
48000 ~PTqR2x
+#B4Z'nT
Cost of sales [Iwb7a0p
54000 Bql5=p
42000 |9fvj6?Y
L+=pEk_
Net profit k=nN#SMn
30 s(0S)l<
-20 7EfLd+
=&!L&M<<
ZaNZUVBh
December 31, 20×8 F6L}n-p5
December 31, 20×7 b0PQ;?R#V
!,SGKLs.m
Inventory (TX\vI&
16000 T#o?
@;
12000 eU*0;#
X\=m
Current assets \68x]q[
60000 2\b 2W_
50000 %8L>|QOX
#NvL@bH
Total assets S-5|t]LV
100000 >*wF~G*k
90000 _EusY3q
}k{h^!fV
Current liabilities RaT_5P H~g
20000 Vgj&hdbd
18000 b|rMmx8vA
u%s@B1j
Total liabilities x;w^&<hQ\
30000 $-=QT X
25000 342m=7lK
+WH|nV~lQ
2 &(w\#'
During the audit, John has the following findings: Uo~-^w}
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: mY'c<>6t
Dr. Cash in Bank RMB 5820000 `R\nw)xq
Dr. Financial Expenses RMB 180000 HCCEIgCT
Cr. Notes Receivable RMB 6000000 1DTA Dh0
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: >RTmfV
Dr. Non-operating Expenses RMB 3000000 ZaZm$.s n
Cr. Provisions RMB 3000000 v/s6!3pnl
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 QAk.~ob
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: N Dqvt$
Dr. Provisions RMB 3000000 }+m")=1{
Cr. Cash in Bank RMB 2500000 9>OPaLn
Cr. Non-operating Income RMB 500000 p'fD:M:
Required: M'gL_Xsei
(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. O} &%R:
(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: k^%Kw(/
(a)Inventory Turnover Rate in 20×8; 82>90e(CH]
(b)Gross Profit Ratio in 20×8; rgK:ujzW!
(c)After Tax Return on Total Assets in 20×8; and drM@6$k
(d)Current Ratio as at December 31, 20×8 Ch;wvoy
(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. >QcIrq%=
【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。 h,!#YG@>
以下是未经审计财务报表的部分信息: P@xb
(单位:千元) } vzNh_
项目 20×8 20×7 d41DcgG'j(
营业收入 64 000 48 000 I\8F.J1_
营业成本 54 000 42 000 $GI
jWlAh
净利润 30 -20 *}@zxFe+
:|5\XV)>
20×8年12月31日 20×7年12月31日 'LyEdlC]
存货 16 000 12 000 2BGS$$pP
流动资产 60 000 50 000 yPmo@aw]1
总资产 100 000 90 000 KT9!R
流动负债 20 000 18 000 Rt6(y #dF
总负债 30 000 25 000 wJr5[p*M
在审计过程中,约翰发现以下事项: P\nz;}nv
(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: CC~:z/4,N
借:银行存款5 820 000 gR]NH
财务费用 180 000 JHvawFBN<u
贷:应收票据6 000 000 Z+%w|Sx
(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 =]@eFk
借:营业外支出 3 000 000 ;WqWD-C
贷:预计负债 3 000 000 z5_#]:o&
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:
A|90Ps
借:预计负债 3 000 000 /E32^o|,>
贷:银行存款 2 500 000 ~ZuFMVR
营业外收入 500 000 {~y,.[Ga
要求: 4owM;y
(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。 c2o.H!>
(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: gAPD
y/wM
(a)20×8年存货周转率 n{1;BW#H
(b)20×8年销售毛利率 &%\H170S
(c)20×8年总资产净利率 p7{%0
(d)20×8年12月31日的流动比率 S!r,p};
(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) b rpsZU
【答案】 x
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(1)应选择营业收入作为计算重要性水平的基础。 A7c*qBt
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 @,i_Gw)
EG
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 5Kw$QJ/
销售毛利率=(64000-54000)/64000×100%=15.63% PCkQ hR
总资产净利率=30/[(100000+90000)/2]=0.03% .G~Y`0
流动比率=60000/20000=3 Jjr&+Q^3Tu
(3) =mQdM]A)2
a.应建议做如下审计调整分录: !^FR a{b
借:应收票据 6 000 000 e,cSB!7
贷:短期借款 5 820 000 oWP3Y.
财务费用 180 000 8rEUZk
b.应建议做如下审计调整分录: Gkr?M
^@K
借:预计负债 3 000 000 N0POyd/rL
贷:营业外支出 500 000 p\).zuEf.
其他应付款 2 500 000 vWh]1G#'p[