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)。 A)bWcB}U
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: C _'%NlJ'
(Expressed in RMB thousands) l4F%VR4KT
FINANCLAL STATEMENTS ITEMS - Ajo9H
20×8 tr<Nm
6!
20×7 SIBtmm1W
)eUh=eW
Sales Sc\*W0m
64000 wjHzE
48000 3@kf@Vf
~ksi</s
Cost of sales ux
XBEq;
54000 azCf
42000 !hJ+Lp_
B,?T%
Net profit YWe{juXSw
30 VJeu8ZJ.
-20 ) pzy
cr%"$1sY;
?9!6%]2D
December 31, 20×8 Nv#t:J9f
December 31, 20×7 /5S30 |K
i6^twK)j
Inventory v\c>b:AofD
16000 %'bM){
12000 e^8 O_VB
*:Y%HAy*
Current assets ,f~J`3(&
60000 s3z$e+A8
50000 ). <-X^@
^X=arTE
Total assets F0GxH?
100000 fY{1F
90000 xcd#&
ND'E8Ke pq
Current liabilities Njxv4cc
20000 /Gd=n
18000 /NLui@|R
Zq^At+8+
Total liabilities HHA<IZ#;,
30000 s]HOGJJz
25000 I4'5P}1yp
U bXh,QEG*
dzARI`
During the audit, John has the following findings: |t^E~HLm,
(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: Yrb{ByO&
Dr. Cash in Bank RMB 5820000 DGRXd#
Dr. Financial Expenses RMB 180000 2y//'3[
Cr. Notes Receivable RMB 6000000 m}C>ti`VD
(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: .8@$\ZRP
Dr. Non-operating Expenses RMB 3000000 ),0g~'I~D
Cr. Provisions RMB 3000000 X.OD`.!>
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 p)jk>j B
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: b+%f+zz*h
Dr. Provisions RMB 3000000 PY_u/<u
Cr. Cash in Bank RMB 2500000 |LRedD7n
Cr. Non-operating Income RMB 500000 lG9bLiFY
Required: P0S
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(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. {o)L c6T8s
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: %>yG+Od5Z
(a)Inventory Turnover Rate in 20×8; !02`t4Zc-
(b)Gross Profit Ratio in 20×8; Vp#JS3Y
(c)After Tax Return on Total Assets in 20×8; and y0Fb_"}
(d)Current Ratio as at December 31, 20×8 sQ=]N
F)\
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. A0/"&Ag]
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 Sxnpq Vbk
以下是未经审计财务报表的部分信息: )SaGH3~*C
(单位:千元) p?*Q- f
项目 20×8 20×7 - \5v^l
营业收入 64 000 48 000 m!gz3u]rN
营业成本 54 000 42 000 ,-$LmECg
净利润 30 -20 zvvhFN2
s
18|m)(W
20×8年12月31日 20×7年12月31日 SOs:]U-T3
存货 16 000 12 000 :nh_k4S@v
流动资产 60 000 50 000 %D UH@j
总资产 100 000 90 000 -c_74c50
流动负债 20 000 18 000 GD&uQ`Y5
总负债 30 000 25 000 VEH&&@d
在审计过程中,约翰发现以下事项: O_2pIbh
(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: f~t:L,\,
借:银行存款5 820 000 bZ?v-fn\D,
财务费用 180 000 @GPCw E1
贷:应收票据6 000 000 SAH-p*.
(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: -j+UMlkB
借:营业外支出 3 000 000 bbtGXfI+SB
贷:预计负债 3 000 000 g$":D
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: tnV/xk#!
借:预计负债 3 000 000
[/PR\'|
贷:银行存款 2 500 000 v6[!o<@"a
营业外收入 500 000 \<&m&%Zs
要求: cW~}:;D4
(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。 $'0u |Xy`
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: 10G}{
(a)20×8年存货周转率
xj<Rp|7&
(b)20×8年销售毛利率 i#&z2h-b
(c)20×8年总资产净利率 9?A)n4b;
(d)20×8年12月31日的流动比率 bH-ub2@qO
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) FGPB:
【答案】 ynmWW^dg
(1)应选择营业收入作为计算重要性水平的基础。 ~t@cO.c
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 !xz eM VI
8|b3j^u
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 mH54ja2
销售毛利率=(64000-54000)/64000×100%=15.63% P]<4R:yb
总资产净利率=30/[(100000+90000)/2]=0.03% `uq8G
流动比率=60000/20000=3 8/DS:uM
(3) @D)al^]x6
a.应建议做如下审计调整分录: Ot$-!Y;<
借:应收票据 6 000 000 heltgRt
贷:短期借款 5 820 000 a:+{f&
财务费用 180 000 d4m=0G`
b.应建议做如下审计调整分录: v:EB*3n5
借:预计负债 3 000 000 kJWn<5%ayg
贷:营业外支出 500 000 >lmi@UN|k
其他应付款 2 500 000 ~Xw"}S5