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)。 G%R`)Z]8&
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: &"%|`gE
(Expressed in RMB thousands) WCT W#<izm
FINANCLAL STATEMENTS ITEMS +STzG/9#
20×8 +/86w59
20×7 hg'!
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Sales XPo'iI-
64000 [W=S8>
48000 V9+"CB^
bk9~63tN+>
Cost of sales %]$p ^m
54000 ps
y(]Pf
42000 jI<WzvhYG
8A u<\~p
Net profit DB'KIw
30 |P0L,R
-20 DLVs>?Y
Le:mMd= G
ixHZX<6zYT
December 31, 20×8 V^/^OR4k
December 31, 20×7 UA4d|^ev
tF g'RV{
Inventory :fKz^@mY4
16000 (DP9
& b
12000 02#Iip3t
vek:/'sj3p
Current assets T1!Gr!=
60000 MGKeD+=5
50000 seU^IC<
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Total assets
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100000 iA{jKk=
90000 z "$d5XR
L0|hc
Current liabilities )'dH}3Ba
20000 [67E5
rk-
18000 rjQhU%zv
SLjf<.S
Total liabilities y
O,`"Dc_0
30000 xP6?e s`
25000 bd
P,Zqd
FO>( QLlH
5~%,u2
During the audit, John has the following findings: {AL9o2
(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: =>ztB w\
Dr. Cash in Bank RMB 5820000 .A!0.M|
Dr. Financial Expenses RMB 180000 $gl<{{
Cr. Notes Receivable RMB 6000000 fQy
C6C
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: ,\9m At1O
Dr. Non-operating Expenses RMB 3000000 V;hwAQbF
Cr. Provisions RMB 3000000 n$|c{2]=
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ]v\egfW,W
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: ssyd8LC#
Dr. Provisions RMB 3000000 1LId_vJtJ
Cr. Cash in Bank RMB 2500000 =Pb5b6Y@6
Cr. Non-operating Income RMB 500000 L8]{B
Required: oSA*~ N:
(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. Xz.Y-5)
(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: T'b/]&0Tio
(a)Inventory Turnover Rate in 20×8; l*\~ew
(b)Gross Profit Ratio in 20×8; LQ(5D_yG.
(c)After Tax Return on Total Assets in 20×8; and YyJ{
(d)Current Ratio as at December 31, 20×8 MjXE|3&
(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. =i^<a7M~
【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。 e_~fJ
以下是未经审计财务报表的部分信息: L}jF#*Q%
(单位:千元) +5t
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项目 20×8 20×7 %
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营业收入 64 000 48 000 g;!@DVF$
营业成本 54 000 42 000 s\C8t0C
净利润 30 -20 E_D ^O
^2C /!Y<
20×8年12月31日 20×7年12月31日 z'oiyXEE3
存货 16 000 12 000 4]aiT8))
流动资产 60 000 50 000 G]mWaA
总资产 100 000 90 000 ,s><kHJ
流动负债 20 000 18 000 <ql w+RVt
总负债 30 000 25 000 6snOMa GRu
在审计过程中,约翰发现以下事项: Z2rzb{oS}
(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: T4~`e_
借:银行存款5 820 000 Y%0d\{@a
财务费用 180 000 %`?;V;{=
贷:应收票据6 000 000 QSF"8Uk
(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: PwB g
借:营业外支出 3 000 000 "\/^/vn?
贷:预计负债 3 000 000 )b&-
3$?
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: W[>iJJwz
借:预计负债 3 000 000 h^A3 0f_x
贷:银行存款 2 500 000 hY=w|b=Y
营业外收入 500 000 <wt$Gglk
要求: /$9BPjO{
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 k]Alp;hVd
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: -!|WZ
(a)20×8年存货周转率 q1f=&kGX~
(b)20×8年销售毛利率 1X::0;3
(c)20×8年总资产净利率 ,]Ro',A&
(d)20×8年12月31日的流动比率 ] dHB}
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) ,'C30 A*p
【答案】 OpK.Lsd0y
(1)应选择营业收入作为计算重要性水平的基础。 %-#
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 (rr}Pv%yb
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 a(@p0YpKT
销售毛利率=(64000-54000)/64000×100%=15.63% y7JZKtsFA
总资产净利率=30/[(100000+90000)/2]=0.03% l@N;sI<O-
流动比率=60000/20000=3 % Cu.u)/+
(3) nw0L1TP/J
a.应建议做如下审计调整分录: s!#HZK
借:应收票据 6 000 000 -!J2x8Ri
贷:短期借款 5 820 000 g@@&sB-A"
财务费用 180 000 n$XdSh/
b.应建议做如下审计调整分录: 8M^wuRn
借:预计负债 3 000 000 $T?*0"Mj[
贷:营业外支出 500 000 dh^+l;!L
其他应付款 2 500 000 aqs%m (