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)。 g)r,q&*
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: UNZVu~WnF
(Expressed in RMB thousands) h?pGw1Q
FINANCLAL STATEMENTS ITEMS -)->Jx:{
20×8 (EF$^FYPK
20×7 yQA"T
?
\Dsl7s=
Sales (m =u;L"o
64000 BS<>gA
R;/
48000 gQ+_&'C
~E:/oV:4 >
Cost of sales )V+Dqh,-g
54000 ?;.+A4
42000 raI~BIfe
k f K"i
Net profit fY+ .#V
30 /*R' xBr
-20 bM3'm$34
$gD(MKR)~
@}rfY9o'
December 31, 20×8 a~N)q
YL:
December 31, 20×7 aid)q&AcQ
7[?}kG
Inventory =L; n8~{@y
16000 D<L{Z[
12000 ^&w'`-ra
Rx"VscB6z
Current assets 9787uj]Y}H
60000 xyJgHbml
50000 8'_
]gfF
m5Laq'~0_
Total assets [?r\b
100000 +VI0 oo {Z
90000 LF,c-Cv!jL
!\|@{UJk/
Current liabilities &)'kX
20000 c$Nl-?W
18000 P*^UU\x'4I
By"ul
:.D
Total liabilities E":":AC#
30000 oO9iB:w
25000 +z/73s0~
Zo6a_`)d
E6IL,Iq9
During the audit, John has the following findings: Fe>#}-`
(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: { dxyBDK
Dr. Cash in Bank RMB 5820000 Y?SJQhN6W
Dr. Financial Expenses RMB 180000 7&U+f:-w
Cr. Notes Receivable RMB 6000000 =|t1eSzc
(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: r3lr`s`
Dr. Non-operating Expenses RMB 3000000 .;sPG
Cr. Provisions RMB 3000000 -`<N,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 R$'nWzX#
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: mp$II?hZ*
Dr. Provisions RMB 3000000
M]:B: ;
Cr. Cash in Bank RMB 2500000 ZFw743G
Cr. Non-operating Income RMB 500000 (HgdmN
%
Required: *} 4;1OVT
(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 u89P
(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: +?eAaC7s
(a)Inventory Turnover Rate in 20×8; /]58:euR
(b)Gross Profit Ratio in 20×8; j{+I~|ZB,
(c)After Tax Return on Total Assets in 20×8; and 7.'j~hJL
(d)Current Ratio as at December 31, 20×8 ]V7hl#VO
(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. dufHd
【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。 o~N-x*
以下是未经审计财务报表的部分信息: \A"a>e
(单位:千元) BP><G^
项目 20×8 20×7 IZ ha* 7
营业收入 64 000 48 000 N9hWx()v
营业成本 54 000 42 000 r,@|Snv)
净利润 30 -20
jS)-COk
Ho
{?m^
20×8年12月31日 20×7年12月31日 :EAfD(D{)
存货 16 000 12 000 j[
YTg]
流动资产 60 000 50 000 NY
w(hAPv
总资产 100 000 90 000 i;
uM!d}
流动负债 20 000 18 000 G`K7P`m
总负债 30 000 25 000 [-}%B0S**
在审计过程中,约翰发现以下事项: _'v )Fy
(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: ({62GWnn_
借:银行存款5 820 000 {-Oc8XI/
财务费用 180 000 o[*i
h\d
贷:应收票据6 000 000 jh!IOtf
(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: N^j''siB
借:营业外支出 3 000 000 K_Gf\x
贷:预计负债 3 000 000 1Ee>pbd
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}}t86T
借:预计负债 3 000 000 BbhdGFG1
贷:银行存款 2 500 000 eNKdub
营业外收入 500 000 Yhdt8[ 2
要求: XX;%:?n
(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。 :~(^b;yhZ
(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: dz DssAHy
(a)20×8年存货周转率 z>q_]U0
(b)20×8年销售毛利率 unB "dE
(c)20×8年总资产净利率 KW
kT
9[H
(d)20×8年12月31日的流动比率 uATRZMai
(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) F
.w#AV
【答案】 $:P~21,
(1)应选择营业收入作为计算重要性水平的基础。 <0MUn#7'
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 1&WFs6
3@A k6Uh
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ~~
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销售毛利率=(64000-54000)/64000×100%=15.63% m)2U-3*iX
总资产净利率=30/[(100000+90000)/2]=0.03% e1a %Rj~
流动比率=60000/20000=3 'S
;vv]}Gs
(3) ~nlY8B(
a.应建议做如下审计调整分录: Np)!23 "
借:应收票据 6 000 000 -4a&R=%p
贷:短期借款 5 820 000 11'Tt!
财务费用 180 000 #.aLx$"a
b.应建议做如下审计调整分录: mcracj[B
借:预计负债 3 000 000 247>+:7z
贷:营业外支出 500 000 ;W"[,#2TM
其他应付款 2 500 000 43fA;Uc{Y`