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)。 b;%>?U`>p
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: ?."YP[;
(Expressed in RMB thousands) #J09Eka;J
FINANCLAL STATEMENTS ITEMS ,@4~:OY
20×8 k]9v${Ke
20×7 ]ovb!X_
H$={i$*,Y
Sales $|%BaEyk
64000 3r-oZ8/n
48000 UY$Lqe~
x|lX1Mh$
Cost of sales o{?R z3z
54000 dNfME*"yN
42000 Ek%mX"
{f:%+h
Net profit OT{cP3;0*o
30 hX9vtV5L
-20 e'0BP,\f_}
r!e:sJAB.
xh|<`>5
December 31, 20×8 `b?o%5V2x
December 31, 20×7 d.Ep#4
bAS/cuZs
Inventory &\
$~
16000 Ev>P|kV&A
12000 uyDPWnYk
~KP@wD~
Current assets )/cf%
60000 :`>bh
50000 :e rfs}I
k$3Iv"gbx
Total assets =
M`Xu#eRk
100000 p!>DA?vF
90000 "el}9OitC
xVN(It7g
Current liabilities 7&&3@96<*#
20000 >["X(%&w
18000 4@r76v}{
.s-*aoj
Total liabilities "6q@}sz!
30000 keb.%cb=
25000 /(8"9Sfm
zmhL[1qj
QWwdt
k
During the audit, John has the following findings: (lg~}Jw
q
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: ftxy]NLF
Dr. Cash in Bank RMB 5820000 `z$=J"%? y
Dr. Financial Expenses RMB 180000 "</A)y&
Cr. Notes Receivable RMB 6000000 #
11<=3Yj
(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: H5Bh?mw2
Dr. Non-operating Expenses RMB 3000000 EGVS8YP>h
Cr. Provisions RMB 3000000 Y1G/1Z# 2
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 sA2esA@C<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: MSE0z!t
Dr. Provisions RMB 3000000 DT3"uJTt
Cr. Cash in Bank RMB 2500000 ^cCNQS}r
Cr. Non-operating Income RMB 500000 ^h!}jvqE
Required: w8cbhc
(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. GIhX2EvAS
(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: 4*'ZabDD
(a)Inventory Turnover Rate in 20×8; wvRwb
(b)Gross Profit Ratio in 20×8; .z[#j]k
(c)After Tax Return on Total Assets in 20×8; and "0LSy x
(d)Current Ratio as at December 31, 20×8 $Y M(NC
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. |7QSr!{_
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 uCoy~kt292
以下是未经审计财务报表的部分信息: a66Ns7Rb
(单位:千元) U".5x~UC
项目 20×8 20×7 %UlgG1?A
营业收入 64 000 48 000 MM6PaD{
营业成本 54 000 42 000 Rj3ad 3z'E
净利润 30 -20 t;V^OGflv
Clb7=@f
20×8年12月31日 20×7年12月31日 P*n/qj
8h
存货 16 000 12 000 0#CmB4!<O
流动资产 60 000 50 000 ?&!e
f{
总资产 100 000 90 000 8[;AFm ?,`
流动负债 20 000 18 000 {YG qa$+\
总负债 30 000 25 000 3&6sQ-}*
在审计过程中,约翰发现以下事项: nNf*Q
r%Z
(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: #v; :K8
借:银行存款5 820 000 jq%}=-%KE
财务费用 180 000
KL./
贷:应收票据6 000 000 .F N
6/N\
(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: Xk!wT2;
借:营业外支出 3 000 000 Yv.7-DHNl
贷:预计负债 3 000 000 ]=PkgOJD
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: q4v:s
借:预计负债 3 000 000 rv`GOta*
贷:银行存款 2 500 000 nok-![
营业外收入 500 000 {eVv%sbq
要求: -@ra~li,yQ
(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。 r'4Dj&9Ac
(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: M:dH>
(a)20×8年存货周转率 N>CNgUyP
(b)20×8年销售毛利率 KcUR
/o5K
(c)20×8年总资产净利率 %Cr
TO(
(d)20×8年12月31日的流动比率 \_YDSmjy
(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) \}~71y}
【答案】 mZG n:f}=
(1)应选择营业收入作为计算重要性水平的基础。 )x~/qHt
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 $ w+.-Tr
J~n|5*cz
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 fjy
7 gC2
销售毛利率=(64000-54000)/64000×100%=15.63% i[ >U#5
总资产净利率=30/[(100000+90000)/2]=0.03% `sDLxgwI
流动比率=60000/20000=3 =dsEt\
j
(3) $N Mu
a.应建议做如下审计调整分录: *Q)-"]O(k
借:应收票据 6 000 000 Lz!JLiMEET
贷:短期借款 5 820 000 0b['{{X(
财务费用 180 000 MkhD*\D
/
b.应建议做如下审计调整分录: -2(?O`tZ
借:预计负债 3 000 000 -+M360
贷:营业外支出 500 000 c&N;r|N
其他应付款 2 500 000 <LzxnTx=