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)。 ;$gV$KB:xA
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: ^3H:I8gRCl
(Expressed in RMB thousands) tns8B
FINANCLAL STATEMENTS ITEMS k_zn>aR$F
20×8 k)X\z@I'
20×7 >7~*j4g
dga4|7-MY
Sales n"D` =
64000 Q4a7g$^
48000 l(}L-:@A
{&B_b|g*fW
Cost of sales >w,jaQ
54000 u U>L (
42000 -"i$^Q`
kS9;Tj cx
Net profit 6akI5\b
30 g0}jE%)
-20 KZVdW@DY
q5'G]j{,Z
d,Oagx
December 31, 20×8 v>Kh5H5e~
December 31, 20×7 \0_jmX]p
y,ub*-:
Inventory 'd&d"E[
16000 xa<KF
12000 1TR+p? "
#)twk`!^
Current assets :
xggo
60000 WWZ<[[ >
50000 F'|e:h
d
JJq]^|
Total assets r Dlu&
100000 g}gGm[1SUo
90000 G
kG#+C0L
KF1iYo>p
Current liabilities Qzo -Yw`=
20000 ~_N,zw{x
18000 W;UPA~nT~
K@g
~
Total liabilities .35~+aqC
30000 ge6S_"
25000 T#E$sZ
&ZkJ,-
!t"/w6X1I
During the audit, John has the following findings: oq!\100
(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: jl(D;JnF
Dr. Cash in Bank RMB 5820000 DrV[1Z
Dr. Financial Expenses RMB 180000 /HhA2 (g%
Cr. Notes Receivable RMB 6000000 9lR6:}L7
(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: HR8YPU5
Dr. Non-operating Expenses RMB 3000000 0Ui_Trlc
Cr. Provisions RMB 3000000 g'7
\WQ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 z~3ubta8(@
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: sCzpNJ"8
Dr. Provisions RMB 3000000 U:n~S
Cr. Cash in Bank RMB 2500000 t=@d`s:R2
Cr. Non-operating Income RMB 500000 vN],9q
Required: |9]-_a
(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. %7aJSuQN%
(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: ht ]n*
(a)Inventory Turnover Rate in 20×8; !-470J
(b)Gross Profit Ratio in 20×8; Xy 4k;+
(c)After Tax Return on Total Assets in 20×8; and W,Q>3y*
(d)Current Ratio as at December 31, 20×8 ;nW;M 4{
(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. <Z 3C&BM
【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。 ,\P|%yv
以下是未经审计财务报表的部分信息: gWa0x-
(单位:千元) xW5 `.^5
项目 20×8 20×7 1v.#ndk
营业收入 64 000 48 000 Ot`%5<E^
营业成本 54 000 42 000 /*Q3=Dse]
净利润 30 -20 wzwv>@}
S|k@D2k=
20×8年12月31日 20×7年12月31日 3!gz^[!?EN
存货 16 000 12 000 ,e;,+w=~E
流动资产 60 000 50 000 |^UQVNJ
总资产 100 000 90 000 w`f66*@Q1
流动负债 20 000 18 000 H%
U
总负债 30 000 25 000 #I0FWZ>W
在审计过程中,约翰发现以下事项: &ZC{ _t
(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: [qRww]g;P|
借:银行存款5 820 000 @#t<!-8d
财务费用 180 000 S}U_uZ$
b
贷:应收票据6 000 000 .u#Hg'o P
(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: &`n:A
R`
借:营业外支出 3 000 000 Qu=b-9
贷:预计负债 3 000 000 a]V8F&)g#
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: ?;`GCE
借:预计负债 3 000 000 Tr:@Dv.O
贷:银行存款 2 500 000 mkyYs[
营业外收入 500 000 f['lY1#V1
要求: ),B/NZ/
-
(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。 =UK:83R(
(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: PDA9.b<q0
(a)20×8年存货周转率 .U|'KCM9m
(b)20×8年销售毛利率 !9$}1_,is
(c)20×8年总资产净利率 ineSo8| @
(d)20×8年12月31日的流动比率 fcF|
m5
(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) t855|
【答案】 H.{F
w j4
(1)应选择营业收入作为计算重要性水平的基础。 K3
BWj33
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 b' M"To@
>\pF5a`
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 :KX*j$5U
销售毛利率=(64000-54000)/64000×100%=15.63% *#}
=>, v
总资产净利率=30/[(100000+90000)/2]=0.03% x+6z9{O
流动比率=60000/20000=3 M$ieM[_T
(3) 5ILKYUg,
a.应建议做如下审计调整分录: `^8mGR>OpI
借:应收票据 6 000 000 T|
S-?X,
贷:短期借款 5 820 000 ]3*w3Y!XK
财务费用 180 000 ,=Wj*S)~
b.应建议做如下审计调整分录:
=
E_i
借:预计负债 3 000 000 1/:vFX
贷:营业外支出 500 000 -YQS\@?
其他应付款 2 500 000 eza"<uBr