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)。 H14Q-2U1xa
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: %}TJr]'F
(Expressed in RMB thousands) FQO=}0Hl
FINANCLAL STATEMENTS ITEMS jm%s#`)g
20×8
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20×7
n}a`|Nbk
SN@>m pcJS
Sales 2*75*
EQCH
64000 &fB=&jc*j
48000 d\>XfS
R-m5(
Cost of sales LujLC&S
54000 :dW\Q&iW
42000 WOj}+?/3 R
CsZm8oL$
Net profit &V*MNi,4Z
30 >s/_B//[
-20 ({rcH.:
j.] ]VA
sPQjB[
December 31, 20×8 !Np7mv\7
December 31, 20×7 Ew0)MZ.#
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Inventory [4#HuO@h
16000 PpFQoY7M
12000 /(8"]f/
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Current assets n`Z}tQ%)o
60000 X[.%[G|oj}
50000 c!\T0XtT
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Total assets z&H.fs L
100000 +#wVe
90000 aR3jeB,=x
XFoSGqD
Current liabilities (km
$qX
20000 ;O)*!yA(GG
18000 yL
asoh
R5e[cC8o
.
Total liabilities b * \
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30000 !B Pm{_C
25000 C _he=SV
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During the audit, John has the following findings: TY%c`Q5
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: s/@uGC0>
Dr. Cash in Bank RMB 5820000 ~/A2:}Cp=
Dr. Financial Expenses RMB 180000 fUf1G{4
Cr. Notes Receivable RMB 6000000 qery|0W
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: k(RKAFjY
Dr. Non-operating Expenses RMB 3000000 KJJ:fG8'
Cr. Provisions RMB 3000000 EoutB Vm
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000
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to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: vmNo~clt\
Dr. Provisions RMB 3000000 B~}BDnu 6
Cr. Cash in Bank RMB 2500000 %0y-f
Cr. Non-operating Income RMB 500000 Q^va+O
Required: j)8$hK/e0.
(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. rF[-4t
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(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: [ p,]/ ^ N
(a)Inventory Turnover Rate in 20×8; ??e|ec2%
(b)Gross Profit Ratio in 20×8; #m{(aa9;
(c)After Tax Return on Total Assets in 20×8; and ^`#7(S)a/
(d)Current Ratio as at December 31, 20×8 g~-IT&O
(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. G?v<-=I
【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。 nW]CA
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以下是未经审计财务报表的部分信息: 3}V
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(单位:千元) ~m<K5K6 V
项目 20×8 20×7 fr`#s\JKw
营业收入 64 000 48 000 <LH6my
营业成本 54 000 42 000 :j~4mb?$
净利润 30 -20 +a,#BSt
wM[Z 0*K
20×8年12月31日 20×7年12月31日 [L-wAk:Fb
存货 16 000 12 000 `vzMuL;
流动资产 60 000 50 000 R%r25_8
总资产 100 000 90 000 G)YmaHeI;[
流动负债 20 000 18 000 ncadVheKt
总负债 30 000 25 000 oMAUR
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在审计过程中,约翰发现以下事项: .s"Og;g
(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: 6wpu[
借:银行存款5 820 000 A-B>VX
财务费用 180 000 n}Eu^^d
贷:应收票据6 000 000 ';\norx;
(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:
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借:营业外支出 3 000 000 Ie!">8."
贷:预计负债 3 000 000 bHm/Z Zx
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: FT>>XP8
借:预计负债 3 000 000 o_=4Ex
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贷:银行存款 2 500 000 ye(av&Hn
营业外收入 500 000 |g \_xl
要求: Zc38ht\r;
(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。 Jm)7!W%3
(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: }s?w-u+(c6
(a)20×8年存货周转率 +MHIZ
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(b)20×8年销售毛利率 wvisu\V
(c)20×8年总资产净利率 "D>/#cY1/
(d)20×8年12月31日的流动比率 )%p46(]
(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) 2A|mXWG}~
【答案】 fup?Mg-
(1)应选择营业收入作为计算重要性水平的基础。 z|],s]F>G
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 UxB3/!<5g3
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 POc<XLZB
销售毛利率=(64000-54000)/64000×100%=15.63% /T {R\
总资产净利率=30/[(100000+90000)/2]=0.03% L;g2ZoqIr0
流动比率=60000/20000=3 !|V_DsP
(3) <]z4;~/&
a.应建议做如下审计调整分录: wAu]U6!
借:应收票据 6 000 000
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贷:短期借款 5 820 000 Ui"$A/
财务费用 180 000 n>B
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b.应建议做如下审计调整分录: h
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借:预计负债 3 000 000 @\gE{;a8
贷:营业外支出 500 000 3&E@#I^],
其他应付款 2 500 000 *C|*{!