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)。 ag+$qU
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: S8TJnv`?'
(Expressed in RMB thousands) .q"`)PT
FINANCLAL STATEMENTS ITEMS dX^OV$
20×8 =TE6R 0b
20×7 h}nceH0s3d
8F9sKRq|rO
Sales q$Gf9&ZO
64000 :U$<h
48000 |W[BqQIf
lb{<}1YR0o
Cost of sales +vY8HQ|v
54000 Ml@,xJ/aia
42000 0B7cpw>_J
}lvD 5
Net profit w)2X0ev"
30 (&npr96f
-20 $DuX1T
.v?Ir)
k z"F4?,
December 31, 20×8 -]C3_ve
December 31, 20×7 p(g0+.?`~
X~(%Y#6
Inventory ^rO3B?_
16000 IxNY%&* `
12000 zUF%`CR
6n
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Current assets Ztu _UlGC
60000
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50000 r+r-[z D(
BG\g`NK}Z
Total assets v!{mpF
100000 35|F?Jx.r
90000 e@}zp
@F%H 1
Current liabilities J$JXY@mBSC
20000 E2+x?Sc+
18000 3\j{*f$J
~"6/OJA
Total liabilities vN'Y);$
30000 {ULy B$\-
25000 lv\C(^mGq
;j|T#-.
1#9qP~#]'{
During the audit, John has the following findings: $Hh3*reSg-
(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: g).k+
Dr. Cash in Bank RMB 5820000 X2^`Znq9
Dr. Financial Expenses RMB 180000 gb:)t}|
Cr. Notes Receivable RMB 6000000 P4@<`Eb
(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: Pp.qDkT
Dr. Non-operating Expenses RMB 3000000 mVUDPMyZ
Cr. Provisions RMB 3000000 K89 AZxH
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 t
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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: WtlPgT;wE
Dr. Provisions RMB 3000000 v,qK=]ty
Cr. Cash in Bank RMB 2500000 aMI\gCB/
Cr. Non-operating Income RMB 500000 ?ra6Lo
Required: M`^;h: DN^
(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. 0k E
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(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: :j2G0vHIl(
(a)Inventory Turnover Rate in 20×8; $C@v
(b)Gross Profit Ratio in 20×8; H=
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(c)After Tax Return on Total Assets in 20×8; and )Nv$ SH
(d)Current Ratio as at December 31, 20×8 N4y$$.uv2
(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. BCN<l +u
【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]qX^RSb
以下是未经审计财务报表的部分信息: woIcW
(单位:千元) LU
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项目 20×8 20×7 2
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营业收入 64 000 48 000 Q(Uj5 aX
营业成本 54 000 42 000 O
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净利润 30 -20 E5@U~|V[
eF)vx{s
20×8年12月31日 20×7年12月31日 <~ E'% 60;
存货 16 000 12 000 cEzWIS?pp\
流动资产 60 000 50 000 5T]GyftFV
总资产 100 000 90 000
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流动负债 20 000 18 000 "7Qc:<ww
总负债 30 000 25 000 [;O 6)W
在审计过程中,约翰发现以下事项: +o&&5&H
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(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: n$>E'oG2t
借:银行存款5 820 000 O%:EPdoU
财务费用 180 000 gHCk;dmq81
贷:应收票据6 000 000 >9KQWeD
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: W
'54g$T
借:营业外支出 3 000 000 ~xz3- a/
贷:预计负债 3 000 000 F@=)jrO=$
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: |%6zhkoufM
借:预计负债 3 000 000 pC9Ed9uRK
贷:银行存款 2 500 000 pMJK?- )
营业外收入 500 000 9AJMm1_
要求: i^hgs`hvU
(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。 ) {=2td$=$
(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: 4E&=qC]S
(a)20×8年存货周转率 ^
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(b)20×8年销售毛利率 T/8*c0mU
(c)20×8年总资产净利率 .^]=h#[e
(d)20×8年12月31日的流动比率 4.@gV/U(|
(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) 5$SO
【答案】 QC+oSb!!?
(1)应选择营业收入作为计算重要性水平的基础。 N"d*pi#h
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 =l&A9 >\
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 h9Zf4@w
销售毛利率=(64000-54000)/64000×100%=15.63% _VIVZ2mU=
总资产净利率=30/[(100000+90000)/2]=0.03% `9%Q2Al
流动比率=60000/20000=3 t-#Y6U}b+
(3) xHN"7 j}h
a.应建议做如下审计调整分录: G[U'-a}I
借:应收票据 6 000 000 "],amJ
贷:短期借款 5 820 000 e%#8]$
财务费用 180 000 d9/YW#tm
b.应建议做如下审计调整分录: Z$h39hm?c
借:预计负债 3 000 000 q#W7.8 Z@
贷:营业外支出 500 000 Rb_HD
其他应付款 2 500 000 g2
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