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)。 '6DBs8>1
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: 'lH|e
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(Expressed in RMB thousands) ncaT?~u j
FINANCLAL STATEMENTS ITEMS ?al'F q
20×8
4j*
20×7 kXViWOXU^
[CY9^N
Sales ,<.V7(|t)
64000 49eD1h3'X[
48000 ^vZS
UfS
_?nL+\'V
Cost of sales (|2t#
'm
54000 n3WlZ!$
42000 Lw1Yvtn
HVRZ[Y<^
Net profit ~-k9%v`
30 )705V|v
-20 vz&|J
j/DzCc p7
6%' QjwM_
December 31, 20×8 "MeVE#O
December 31, 20×7 *tA1az
-jO
[+Iz@0q
Inventory Q3'llOx
16000 !t"4!3
12000 { qk1_yP
|]bsCmD
Current assets
l]5KN
60000 g>%o #P7
50000 x>K Or,f
$ Gf(38[w
Total assets "Bkfoi
100000 +|3@=.V
90000 <)Dj9' _J
}RF(CwZr(
Current liabilities \
#F
20000 h4gXvPS&r
18000 M-VX;/&FR
8S
TvCH"Z_
Total liabilities lf|FWqqV
30000 E_rI?t^
25000 @mCEHI{P
VD*6g%p
`7E;VL^Y1
During the audit, John has the following findings: (MM]N=Tw4
(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: WCZjXDiwJ
Dr. Cash in Bank RMB 5820000 ~ah~cwmpS
Dr. Financial Expenses RMB 180000 .vf'YNQ%
Cr. Notes Receivable RMB 6000000 NWESP U):w
(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: ),%%$G\
Dr. Non-operating Expenses RMB 3000000 uo9B9"&
Cr. Provisions RMB 3000000 I9A~Ye
5O&
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 d0!5j
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: ^CYl\.Y@
Dr. Provisions RMB 3000000 g{)dP!}
Cr. Cash in Bank RMB 2500000 +HpA:]#Y
Cr. Non-operating Income RMB 500000 P= BZ+6DS
Required: 6Igz:eX
(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. `,(4]tlL
(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: QO:!p5^:
(a)Inventory Turnover Rate in 20×8; 1t~G|zhX
(b)Gross Profit Ratio in 20×8; H7Rx>h_
(c)After Tax Return on Total Assets in 20×8; and h+H%?:FX
(d)Current Ratio as at December 31, 20×8 AR%4D3Dma
(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. X,%
0/6*]
【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。 xj)F55e?
以下是未经审计财务报表的部分信息: 8NJqV+jn)t
(单位:千元) ]jQ
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项目 20×8 20×7 R%WCH?B<}
营业收入 64 000 48 000 5V~oIL
营业成本 54 000 42 000 n38p !oS
净利润 30 -20 @i_FTN
sE<V5`Z=
20×8年12月31日 20×7年12月31日 Ml{
,
存货 16 000 12 000 _.Nbt(mz
流动资产 60 000 50 000 Et_bH%0
总资产 100 000 90 000 Mj3A5;#
流动负债 20 000 18 000 1-uxC^u?|#
总负债 30 000 25 000 76Cl\rV
在审计过程中,约翰发现以下事项: &t@jl
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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: RL
XL&
借:银行存款5 820 000 *;slV3
财务费用 180 000 tS5hv@9cWx
贷:应收票据6 000 000 >>)b
'c
(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: {<p?2E
借:营业外支出 3 000 000 CsR$c,8X.
贷:预计负债 3 000 000 ZU4nc3__
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: \)904W5R
借:预计负债 3 000 000 Sv#XIMw{,
贷:银行存款 2 500 000 wssRA?9<
营业外收入 500 000 Zn+.;o)E<
要求: nnEgx;Nl0
(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。 5lmHotj#
(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: _Ey9G
(a)20×8年存货周转率 AT3cc
(b)20×8年销售毛利率 %lhEM
}Sm
(c)20×8年总资产净利率 6vo;!V6
(d)20×8年12月31日的流动比率 ,4e:I.b
(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) )[6U^j4
【答案】 .V/Rfq
(1)应选择营业收入作为计算重要性水平的基础。 A RuA<vQ
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 sqwGsO$#
zkrM/ @p#
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 @f~RdO3
销售毛利率=(64000-54000)/64000×100%=15.63% (zYtNLoFx
总资产净利率=30/[(100000+90000)/2]=0.03% #4%]o%.
流动比率=60000/20000=3 iRbT/cc{
(3) .t-4o<7 3
a.应建议做如下审计调整分录: Oc#syfO
借:应收票据 6 000 000 CS5?Ti6
贷:短期借款 5 820 000 ".V$~n(
财务费用 180 000 (O?.)jEW(.
b.应建议做如下审计调整分录: B\=8_z
借:预计负债 3 000 000 OA1uY83"
贷:营业外支出 500 000 LVf
F[
其他应付款 2 500 000 WIT>!|w_