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)。 |@9I5Eg)iE
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: K@u."eaD
(Expressed in RMB thousands) r{3`zqo
FINANCLAL STATEMENTS ITEMS >+LgJo R
20×8 sNpBTG@{l
20×7 .BB:7+
vrldRn'*9
Sales F!cAaL1
64000 FwzA_
n
n
48000 u! FSXX<
.7^-*HT}
Cost of sales J^a"1|
54000 6&Ir0K/
42000 9@a;1Wr/f
JF\viMfR
Net profit <R8Z[H:bV
30 PKs%-Uk
-20 13az[
e*Med)tc^$
ZVR 9vw28
December 31, 20×8 r/<JY5
December 31, 20×7 {!?RG\EYN
n^)9QQ
Inventory R}26 "+~
16000 TmZ[?IL,
12000 [$Bb'],k
?i=!UN
Current assets lH>XIEj
60000 N9|.D.#MF
50000 w[G_ w:$a
W)~.o/;
Total assets `v{X@ x
100000 cb,sb^-
90000 @O @yJ{(I
OIT;fKl9
Current liabilities sYI':UQe
20000 /j@r~mt/pA
18000 X&8,.=kt"
i)3\jO0&GU
Total liabilities *03/:q ^(
30000 .u?$h0u5
25000 rB?cm]G
=
X($SBUS
6
R u-rp^a
During the audit, John has the following findings: dw!Eao47
(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: I,3!uogn
Dr. Cash in Bank RMB 5820000 %.U{):lNx
Dr. Financial Expenses RMB 180000 m3-J0D<
Cr. Notes Receivable RMB 6000000 5/ju
it
(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: A\.*+k/B
Dr. Non-operating Expenses RMB 3000000 .p}Kl$K]
Cr. Provisions RMB 3000000 Q0_W<+`
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 -Lb^O/
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: [0#hgGO]P
Dr. Provisions RMB 3000000 h'KtG<+
Cr. Cash in Bank RMB 2500000 y]9UFL"
Cr. Non-operating Income RMB 500000 elB
8
Required: WfNMyI
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. jsQ$.)nO
(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: +}/!yQtH
(a)Inventory Turnover Rate in 20×8; mkA|gM[g7
(b)Gross Profit Ratio in 20×8; n82Q.M-H
(c)After Tax Return on Total Assets in 20×8; and *)I1gR~
(d)Current Ratio as at December 31, 20×8 ~Xw?>&
(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. e6'O,\
【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。 !
fc)
以下是未经审计财务报表的部分信息: MT0{hsuK9
(单位:千元) i`'^ zR(`i
项目 20×8 20×7 A,)ELVk1F
营业收入 64 000 48 000 xrnH=>.;m
营业成本 54 000 42 000 E%B Gf}h
净利润 30 -20 Am
$L
8l0
(6x$
20×8年12月31日 20×7年12月31日 2N 4>
存货 16 000 12 000 f tDV3If
流动资产 60 000 50 000 N
kI:
总资产 100 000 90 000 7bS[\5
流动负债 20 000 18 000 -+_twU
总负债 30 000 25 000 J3;KQ}F.I
在审计过程中,约翰发现以下事项: J}CK|}
(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: 1+($"$ZC&B
借:银行存款5 820 000 id'#s
财务费用 180 000 BH a>2N
贷:应收票据6 000 000 ~#\#!H7
(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: ?%Fk0E#>2
借:营业外支出 3 000 000 GR
`ncI$z
贷:预计负债 3 000 000 ze)K-6SKH
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: RC%r7K f
借:预计负债 3 000 000 zX`RN)C
贷:银行存款 2 500 000 D[M?27
营业外收入 500 000 W^Y0>W~
要求: Lm#d.AD)
(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。 06 s3
b
(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: K~T\q_ZPZ
(a)20×8年存货周转率 *pp1Wa7O
(b)20×8年销售毛利率 i]pG}SJ
(c)20×8年总资产净利率 @un
}&URp
(d)20×8年12月31日的流动比率 i{qU RP}.
(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)
b%j:-^0V
【答案】 8ZfIh
(1)应选择营业收入作为计算重要性水平的基础。 Xm'K6JH'
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 5&=n
dC#\ut%l
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ;(6lN<iU
销售毛利率=(64000-54000)/64000×100%=15.63% }4%)m
总资产净利率=30/[(100000+90000)/2]=0.03% _B FX5ifK
流动比率=60000/20000=3 7!wnx.
(3) Pc==]H(
a.应建议做如下审计调整分录: WEAXqDjM
借:应收票据 6 000 000 p5VSSvV\K
贷:短期借款 5 820 000 e
8<nPt`C
财务费用 180 000 k|'Mh0G0
b.应建议做如下审计调整分录: Fg_s'G,`
借:预计负债 3 000 000 ,6\f4/
贷:营业外支出 500 000 _\PoZ|G4y
其他应付款 2 500 000 N)WG~=Gi