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)。 |D3u"Y!:^
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: ~}/Dl#9R!
(Expressed in RMB thousands) Pf?kNJ*Tv)
FINANCLAL STATEMENTS ITEMS =BsV`p7rU
20×8
C
I|lJ
20×7 f0Q6sV ZHa
g;IlS*Ld
Sales fn#8=TIDf
64000 B{-7
48000 TQ
Vk;&A
g(DD8;]w<
Cost of sales B*7kX&Uq
54000 KWwtL"3
42000 o<2GtF1"o
J3Mb]X)_}
Net profit q>q:ZV
30 8OfQ :
-20 ^6 6!f 5^W
]`E+HLEQ'
Nz{dnV{&x;
December 31, 20×8 ?I.9?cQXZ
December 31, 20×7 bRC243]g*A
ajbe7#}
Inventory WKf<%
E$
16000 3JoY-
12000 bP,<^zA|X
qZoDeN-CC
Current assets h\m35'v!
60000 ><%585
50000 ,CO2d)}
XGlt^<`
Total assets yTaMlT|
100000 FR(W.5[
90000 > =>/~dIb
~PQ.l\C
Current liabilities ]]xKc5CT
20000 8$Q`wRt(%
18000 gmTBT#{6yH
;#B(L=/
Total liabilities wak 26W>I3
30000 wI#8|,]"z
25000 &9k~\;x
^<]'?4m]
e r"
w{
During the audit, John has the following findings: >hKsj{=R7
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: " T(hcI
Dr. Cash in Bank RMB 5820000 a|ft l&uk
Dr. Financial Expenses RMB 180000 Wj{lb_Rj
Cr. Notes Receivable RMB 6000000 LvG.ocCG
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: <Ij!x`MS+
Dr. Non-operating Expenses RMB 3000000 pMF
vL
Cr. Provisions RMB 3000000 ,OZ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 >DL
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: CjdM*#9lW
Dr. Provisions RMB 3000000 tMr7
d
Cr. Cash in Bank RMB 2500000 ?7{U=1gb$
Cr. Non-operating Income RMB 500000 !U`&a=k
Required: |5@Ra@0
(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. h!"2Ux3!x
(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: Xj?Wvt
(a)Inventory Turnover Rate in 20×8; ;w{<1NH2+.
(b)Gross Profit Ratio in 20×8; I?KN7(9u?
(c)After Tax Return on Total Assets in 20×8; and *k$[/{S1-
(d)Current Ratio as at December 31, 20×8 hW7u#PY
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. [%IOB/{N
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 s8j |>R|k
以下是未经审计财务报表的部分信息: Q @}$b(b
(单位:千元) 8&QST!JGSX
项目 20×8 20×7 ~NGM6+9
营业收入 64 000 48 000 p l)":}/)
营业成本 54 000 42 000 "tCI_
Zi;
净利润 30 -20 @uSO~.7
D{9a'0J
20×8年12月31日 20×7年12月31日 s"L&y <?)
存货 16 000 12 000 &lc@]y8
流动资产 60 000 50 000 !E70e$Th
总资产 100 000 90 000 .j6udiv5
流动负债 20 000 18 000 zI88IM7/
总负债 30 000 25 000 J
_s`G
在审计过程中,约翰发现以下事项: 1=VyD<dNG6
(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: \0@DOW22C
借:银行存款5 820 000 6
]4~]!
财务费用 180 000 W 4{ T<
贷:应收票据6 000 000 OjU{r N*
(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: e8,_"_1:F
借:营业外支出 3 000 000 }_Bo:*9B-o
贷:预计负债 3 000 000 ?pL|eS7
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: q|5WHB
借:预计负债 3 000 000 VO#rJ1J
贷:银行存款 2 500 000 SX3'|'-
营业外收入 500 000 Zy0M\-Mn
要求: 2:LUB)&i
(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。 Za.}bR6?Y
(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: cIug~ x>
(a)20×8年存货周转率 DJ ru|2
(b)20×8年销售毛利率 'CBwE&AL
(c)20×8年总资产净利率 =fSTncq
(d)20×8年12月31日的流动比率 #1YMpL
(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) b1xE;0uR
【答案】 *oO%+6nL
(1)应选择营业收入作为计算重要性水平的基础。 3=S|U,
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 tpI/Ibq
&oL"AJU
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 L F?/60
销售毛利率=(64000-54000)/64000×100%=15.63% "|\hTRQ
总资产净利率=30/[(100000+90000)/2]=0.03% lL}6IZ5sb
流动比率=60000/20000=3 Ff<cY%t
(3) +|?a7qM
a.应建议做如下审计调整分录: L03I:IJ
借:应收票据 6 000 000 k|fM9E
贷:短期借款 5 820 000 u5CSx'
h]
财务费用 180 000 4S(G366
b.应建议做如下审计调整分录: 1N/4W6
借:预计负债 3 000 000 0jp].''RK\
贷:营业外支出 500 000 v]JET9hY
其他应付款 2 500 000 >^8O :.