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)。 Xb<DpBrk
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: 2GiUPtO&Gj
(Expressed in RMB thousands) dDqr
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FINANCLAL STATEMENTS ITEMS >9.5-5"
20×8 S7UZGGjTk
20×7 62MRI
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Sales OB I+<2`Oc
64000 uO
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48000 Y(hW(bd;
42V,PH6o
Cost of sales j Ne(w<',P
54000 ,W1a<dl
42000 %_b^!FR
UK"}}nO@e
Net profit C@y}*XV[b
30 (Pk"
NEP
-20 J7'f@X~nM
Sg. +`xww3
q:Y6fbt<7
December 31, 20×8 R
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December 31, 20×7 atLV`U&t
ySwYV
Inventory A$%Q4jC}
16000 ^s^JzFw
12000 k'[ S@+5
YH)Opk
Current assets p{ @CoOn
60000 AezvBY0'`z
50000 )|w*/JK\Z
0T9@,scY
Total assets =zeFK_S!
100000 }O,U2=Hw`]
90000 zH)cU%I@.
~9JW#HHzn
Current liabilities G3RrjWtO
20000 ]Q6+e(:~ZH
18000 3[0w+{(Q
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Total liabilities 4meidKw]
30000 gEZwW]r-
25000 La"o)L +m_
I?_E,.)[ I
Xh.+pJl,*
During the audit, John has the following findings:
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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: }Vvsh3
Dr. Cash in Bank RMB 5820000 8G 0
Dr. Financial Expenses RMB 180000 ?mH@`c,fM
Cr. Notes Receivable RMB 6000000 T*h!d(
(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: J0^{,eY<
Dr. Non-operating Expenses RMB 3000000 gw_|C|!P
Cr. Provisions RMB 3000000 hc-lzYS
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 HQq`pG%m6
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: Vh"MKJ'R^
Dr. Provisions RMB 3000000 [096CK
Cr. Cash in Bank RMB 2500000 IFiTTIlT0
Cr. Non-operating Income RMB 500000 9pWi.J
Required: Wgxn`6
(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. 9<xTu>7J
(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: M[ x_#m
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(a)Inventory Turnover Rate in 20×8; q
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(b)Gross Profit Ratio in 20×8; puFXPw.3
(c)After Tax Return on Total Assets in 20×8; and eYJ{LPo
(d)Current Ratio as at December 31, 20×8 '5'3_vM
(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. :
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【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。 n!GWqle
以下是未经审计财务报表的部分信息: X?tj$
(单位:千元) ]EB6+x!G
项目 20×8 20×7 4\p$4Hs}
营业收入 64 000 48 000 h^}_YaT\
营业成本 54 000 42 000 ecn}iN
净利润 30 -20 CV '&4oq
]#F q>E
20×8年12月31日 20×7年12月31日 as>:\hjP##
存货 16 000 12 000 82lr4
流动资产 60 000 50 000 `SCy<w3$+[
总资产 100 000 90 000 K!GUv{fp
流动负债 20 000 18 000 A2Q[%A
总负债 30 000 25 000 (nGkZ}p
在审计过程中,约翰发现以下事项: ]Z_$'?f
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: m7JPH7P@BM
借:银行存款5 820 000 5v"Y\k+1
财务费用 180 000 j5kA^MTG
贷:应收票据6 000 000 #C4|@7w%
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: r,5-XB
借:营业外支出 3 000 000 P3G:th@j=
贷:预计负债 3 000 000 z1F9$^
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: g;8M<`qvf
借:预计负债 3 000 000 y =R
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贷:银行存款 2 500 000 M~-h-tG
营业外收入 500 000 SaCx)8ul0
要求: .>P~uZiX!
(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。 9hy'DcSy,
(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: GE@uOJ6H
(a)20×8年存货周转率 pjACFVMFX
(b)20×8年销售毛利率 sH%&+4!3
(c)20×8年总资产净利率 g^jJ8k,7(
(d)20×8年12月31日的流动比率 I-,>DLG
(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) -TgUyv.
【答案】 TZ'aNcGg
(1)应选择营业收入作为计算重要性水平的基础。 8/Mx5~ R
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 V"O9n[ |
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 u*hH}
销售毛利率=(64000-54000)/64000×100%=15.63% EJ G2^DSS
总资产净利率=30/[(100000+90000)/2]=0.03% 0C]4~F x~
流动比率=60000/20000=3 ^uhxURF
(3) `|
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a.应建议做如下审计调整分录: Rb#/qkk/
借:应收票据 6 000 000 g92dw<$>
贷:短期借款 5 820 000 B%fU'
财务费用 180 000 ?;^5ghY$
b.应建议做如下审计调整分录:
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借:预计负债 3 000 000 QWw"K$l
贷:营业外支出 500 000 zj{(p Z1
其他应付款 2 500 000 hfg
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