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)。 6\4Z\82
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: ZqQ*}l5
(Expressed in RMB thousands) gfde#T)S
FINANCLAL STATEMENTS ITEMS ,}0$Tv\1
20×8 Z\Z,,g+WL
20×7 WuM C^
56DoO'
Sales gO='A(Y
64000 KlN/\N\
48000 :"<e0wDu[
fN)x#?
Cost of sales v^SsoX>WMH
54000 d
yh<pX/$
42000 8[zb{PRu
M-J<n>hl
Net profit XJgh>^R^
30 F_=1;,K%
-20 eY,O@'"8`
T#EFXHPr
"3fBY\>a
December 31, 20×8 +ZA)/
December 31, 20×7 %2"J:0j
yK1ie
Inventory +q{[\#t5
16000 4w4^yQE
12000 a460 |w6
*fnvZw?
Current assets aD9q^EoEs
60000 (ChD]PWQ
50000 SV.z>p
n2f6p<8A
Total assets j 1*f]va
100000 8{0
k0 &x
90000 UDEj[12S
]Gv!M?:
Current liabilities 6w|J-{2
20000 [AS}RV
18000 O_;Dk W
""% A'TZ
Total liabilities 5~'IKcW<
30000 .cDOl_z<:G
25000 ,LhCFw{8?~
,Na^%A@TJ
8wK ~
i
During the audit, John has the following findings: ;65D
(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: G2:%g(
Dr. Cash in Bank RMB 5820000 uO6{r v\
Dr. Financial Expenses RMB 180000 Z=?aEU$7
Cr. Notes Receivable RMB 6000000 {
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(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: xY<{qHcX
Dr. Non-operating Expenses RMB 3000000 `P}9i@C
Cr. Provisions RMB 3000000 V}WB*bE
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 IiJZ5'{
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 7N
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Dr. Provisions RMB 3000000 <S?#@F\"S
Cr. Cash in Bank RMB 2500000 i-"
p)2d=#
Cr. Non-operating Income RMB 500000 #%lo;W~IY
Required: \%0n}.A
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. -0C@hM,wm
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: r(h`XMsU
(a)Inventory Turnover Rate in 20×8; 9?<{_'
(b)Gross Profit Ratio in 20×8; @FO)0
(c)After Tax Return on Total Assets in 20×8; and lIRlMLuG
(d)Current Ratio as at December 31, 20×8 O+vS|
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. T;5r{{
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 uXjP`/R|
以下是未经审计财务报表的部分信息: k8AW6oO/i
(单位:千元) PcT?<HU
项目 20×8 20×7 9(4&KZpK
营业收入 64 000 48 000 jszK7$]^
营业成本 54 000 42 000 (kv
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净利润 30 -20 j|4C\~i
kM8{Cw
20×8年12月31日 20×7年12月31日
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存货 16 000 12 000 S!v(+|
流动资产 60 000 50 000
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总资产 100 000 90 000 ?a(L.3E
流动负债 20 000 18 000 v59dh (:`Z
总负债 30 000 25 000 p Z: F:
在审计过程中,约翰发现以下事项: HlvuW(,x=
(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: ZyrI R
借:银行存款5 820 000 \%]I{
财务费用 180 000 %a+mk
E
贷:应收票据6 000 000 6 5N~0t
(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: R_XR4)(<
借:营业外支出 3 000 000 ="wzq+ U
贷:预计负债 3 000 000 KG
H/^!u+R
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: {!t7[Ctb
借:预计负债 3 000 000 nw>
8GivO
贷:银行存款 2 500 000 (0YZZ93
营业外收入 500 000 #P
l~R
要求: E;JsBH
(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。 Y2o?gug
(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: |KSy`lY-j>
(a)20×8年存货周转率 n!p<A.O7@
(b)20×8年销售毛利率 &0 >Loja`^
(c)20×8年总资产净利率 <Ln
1pV~k
(d)20×8年12月31日的流动比率 y{dTp
(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) /x_o!<M
【答案】 ),G
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(1)应选择营业收入作为计算重要性水平的基础。 V-<GT?
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Tq]Sn]CSP
91=OF*w
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 KD`IX-r{s
销售毛利率=(64000-54000)/64000×100%=15.63% vnWWneeNr
总资产净利率=30/[(100000+90000)/2]=0.03% ):i&`}SY
流动比率=60000/20000=3 <Utnz)
(3) LaQ-=;(`
a.应建议做如下审计调整分录: H
,Z;=N_
借:应收票据 6 000 000 oD<k
MK
贷:短期借款 5 820 000 QUu}Xg:
财务费用 180 000 sZx/Ee
b.应建议做如下审计调整分录: &f^, la
借:预计负债 3 000 000 6d_'4B
贷:营业外支出 500 000 C:PMewn
其他应付款 2 500 000 kS bu]AB