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)。 oN6*WNt J
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: :'=~/GR
(Expressed in RMB thousands) )r6SGlE[Y
FINANCLAL STATEMENTS ITEMS xO9]yULgu
20×8 D -+)M8bt
20×7 XdIVMXLL\
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Sales _]~
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64000 f{ 4G
48000 PHiX:0zT
:Z]+Z_9p
Cost of sales lTOM/^L
54000 m5;[,He
42000 l^eNZ3:H
eze(>0\f
Net profit k4AE`[UE
30 T~~$=vP9
-20 |`t!aG8
Q"K >ML>0
7Ae,|k
December 31, 20×8 ZEyGqCf3
December 31, 20×7 *ZSp9g"Z
Nec(^|[
Inventory Nj@?}`C 4
16000 \`%Y-!H+v
12000 Y /ac}q
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Current assets ~G^}2#5
60000 ://#
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50000 NUNn[c
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Total assets lbuW*)
100000 5iI3u 7Mn1
90000 rs<&x(=Hv
RW PdS
Current liabilities dV=5_wXZ$
20000 w3bH|VnU8;
18000 >8fz ?A
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Total liabilities v7OV;ea$
30000 llG#nDe
25000 ut5!2t$c
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w$C
During the audit, John has the following findings: nh&
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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: q{+poVX
Dr. Cash in Bank RMB 5820000 z&vms
Dr. Financial Expenses RMB 180000 O2/w:zOg'
Cr. Notes Receivable RMB 6000000 kRX
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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: *_K-T#
Dr. Non-operating Expenses RMB 3000000 &@iF!D\u
Cr. Provisions RMB 3000000 HXV73rDA
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 KJJb^6P48W
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: XQY&4tK
Dr. Provisions RMB 3000000 P$
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Cr. Cash in Bank RMB 2500000 -hR\Y2?
Cr. Non-operating Income RMB 500000 JTB~nd
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Required: jhbH6=f4]^
(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. j.N\U#3KK
(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: 3XlnI:w=
(a)Inventory Turnover Rate in 20×8; Hi"
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(b)Gross Profit Ratio in 20×8; HN~4-6[q
(c)After Tax Return on Total Assets in 20×8; and 2hC$"Dfp
(d)Current Ratio as at December 31, 20×8 KeHE\Fq^V
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. c%
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【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 4kF .
以下是未经审计财务报表的部分信息: %s :
(单位:千元) qe"6#@b *|
项目 20×8 20×7 9}0Jc(B/x
营业收入 64 000 48 000 +U)|&1oa
营业成本 54 000 42 000 V>uW|6
净利润 30 -20 8lGgp&ey
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20×8年12月31日 20×7年12月31日 WJ8
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存货 16 000 12 000 o4'4H y
流动资产 60 000 50 000 V;]VwsZ"
总资产 100 000 90 000 .-~%w
流动负债 20 000 18 000 kCjI`=7$[
总负债 30 000 25 000 >upUY(3&
在审计过程中,约翰发现以下事项: & O\!!1%
(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: RYJc>
借:银行存款5 820 000 }J'wz;t1
财务费用 180 000 dB/I2uGl>
贷:应收票据6 000 000 ?!j/wV_H
(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: A'-YwbY
借:营业外支出 3 000 000 2pNJWYW
"
贷:预计负债 3 000 000 iwjl--)@K
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: UuC"-$:
借:预计负债 3 000 000 ',s7h"
贷:银行存款 2 500 000 NWwtq&pz2
营业外收入 500 000 [#6Esy8|
要求: !,!tNs1 K
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 ;~$ $WU
(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: Ht
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(a)20×8年存货周转率 R{A/+7!
(b)20×8年销售毛利率 A?k,}~
(c)20×8年总资产净利率 ;p!hd}C
(d)20×8年12月31日的流动比率 2co{9LM
(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) bK%tQeT
【答案】 rWpfAE)!
(1)应选择营业收入作为计算重要性水平的基础。 $v@$oPmMj
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 p)&\>
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 3Cu
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销售毛利率=(64000-54000)/64000×100%=15.63% 3
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总资产净利率=30/[(100000+90000)/2]=0.03% sZBO_](S
流动比率=60000/20000=3 I>~BkR+u%o
(3) t
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a.应建议做如下审计调整分录: [y;ZbfMP|o
借:应收票据 6 000 000 <U`Nb) &
贷:短期借款 5 820 000 x)Kh_
G
财务费用 180 000 Riuv@i^6K
b.应建议做如下审计调整分录: @Hdg-f>y]
借:预计负债 3 000 000 8vo7~6yy
贷:营业外支出 500 000 ']e4!
其他应付款 2 500 000 Nh/ArugP5P