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)。 byfJy^8G
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: *^wm1|5
(Expressed in RMB thousands) !!? Mw
FINANCLAL STATEMENTS ITEMS 7fba-7-P
20×8 u9EgdpD
20×7 wL:flH@
L-k@-)98
Sales }dd8N5b
64000 xsMBC
48000 [F6U+1n8e
ML>[^F
Cost of sales <h'5cO
54000 HI11Jl}{
42000 fL=~NC"
k<\$OoOZ
Net profit %eO0wa$a
30 .ODR ]7{
-20 y`XU~B)J1
ikSt"}/hd
]@Uq=?%
December 31, 20×8 D
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December 31, 20×7 -u8NF_{c
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Inventory LpqO{#ZG
16000 lH6OcD:kj
12000 Cy=Hy@C
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Current assets $H9%J
60000 \hEN4V[
50000 [S>2ASj
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Total assets n$ou- Q
100000 De(Hw&
IV
90000 D5*q7A6
65aK2MS@
Current liabilities xe`
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20000 = < oBgD0k
18000 G%W8S
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Total liabilities [.uG5%fa
30000 428>BQA
25000 B2'i7Ps
TO?R({yx*
@8ppEFw
During the audit, John has the following findings: 2
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(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: &-B^~M*??
Dr. Cash in Bank RMB 5820000 l)&X$3? tz
Dr. Financial Expenses RMB 180000 GfmI<{da
Cr. Notes Receivable RMB 6000000 EH!
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(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: .jk@IL
Dr. Non-operating Expenses RMB 3000000 O4V.11FnW
Cr. Provisions RMB 3000000 ne_TIwf w-
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 9E"
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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: A"G
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Dr. Provisions RMB 3000000 )]H-BIuGm
Cr. Cash in Bank RMB 2500000 vRHd&0
Cr. Non-operating Income RMB 500000 E(8*
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Required: li}1S
(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. ? -dX`n
(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: K+3IWZ&+dG
(a)Inventory Turnover Rate in 20×8; *&^:T~|=!
(b)Gross Profit Ratio in 20×8; 2;DuHO1
(c)After Tax Return on Total Assets in 20×8; and C8V/UbA
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(d)Current Ratio as at December 31, 20×8 F|e1"PkeoA
(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. uYs5f.! `
【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。 =pS5uR~
以下是未经审计财务报表的部分信息: :?g:~+hfO
(单位:千元) W;!}#o|%s
项目 20×8 20×7 hM6PP7XH
营业收入 64 000 48 000 ECrex>zr%
营业成本 54 000 42 000
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净利润 30 -20 _0]S69lp
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20×8年12月31日 20×7年12月31日 0c<.iM
存货 16 000 12 000 3@M|m<_R$
流动资产 60 000 50 000 \%f q
总资产 100 000 90 000 '+?"iVVo
流动负债 20 000 18 000 LIvFx|
总负债 30 000 25 000 x:7b/j-
在审计过程中,约翰发现以下事项: 6i.-6></
(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: Rld!,t
借:银行存款5 820 000 p8h9Ng*&`
财务费用 180 000 8o
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贷:应收票据6 000 000 3c]b)n~Y
(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: 117EZg]O
借:营业外支出 3 000 000 4,CXJ2
贷:预计负债 3 000 000 I+[>I=ewa
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: 6/r)y+H
借:预计负债 3 000 000 %t" CX5n
贷:银行存款 2 500 000 V@cM |(
营业外收入 500 000 iw8yb;|z;A
要求: N343qU
(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。 3L_\`Ia9
(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: 7BK0}sxO
(a)20×8年存货周转率 hRrn$BdLX
(b)20×8年销售毛利率 Rn9m]x
(c)20×8年总资产净利率 /
zB0J?
(d)20×8年12月31日的流动比率 CohDO
(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) :UF%K>k2
【答案】 T"E6y"D
(1)应选择营业收入作为计算重要性水平的基础。 G IT>L
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 T_@K&<
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 -EkWs/'h
销售毛利率=(64000-54000)/64000×100%=15.63% <SgM@0m
总资产净利率=30/[(100000+90000)/2]=0.03% @|63K)Xy
流动比率=60000/20000=3 $JJrSwR<h
(3) mpuq 9)6
a.应建议做如下审计调整分录: u'|4?"uz
借:应收票据 6 000 000 D#il*
贷:短期借款 5 820 000 )4
gJd?
8R
财务费用 180 000 G~2jUyv
b.应建议做如下审计调整分录: 1 u| wMO
借:预计负债 3 000 000 ES.fOdx
贷:营业外支出 500 000 Sa?ksD2IaB
其他应付款 2 500 000 snf~}:&