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)。 +S0aA Wal
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: 4%~*}
(Expressed in RMB thousands) TYGI
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FINANCLAL STATEMENTS ITEMS lL:!d.{
20×8 uxD3+Q
20×7 U&BCd$
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Sales #;ObugY,
64000 w6!97x
48000 fub04x)
r6uN6XCM
Cost of sales G4SA
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54000 %Hd[,duwO
42000 P1rjF:x[*
*w4#D:g
Net profit ;LP3
30 d%0Gsga}
-20 C
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H%Gz"
lM4 Z7mT /
December 31, 20×8 rIFW1`N}
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December 31, 20×7 p=nbsS~":
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Inventory ugTsI~aE
16000 2YZ>nqy
12000 !hq*WtIk
L#K`F8Wi=
Current assets ph5{i2U0
60000 ;]grbqXVE
50000 (o B4*
njxLeDe-
Total assets YdO*5Gb6
100000
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90000 EB!ne)X
Rmmu#-{Y
Current liabilities e&ysj:W5
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20000 "!zJQl@
18000 3A`]Rk
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Total liabilities xkRMg2X.>9
30000 3,q?WH%_
25000 \7b, Mz!
$T3_~7N
HBe*wk Pd
During the audit, John has the following findings: xSD*e 0
(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: $|g1 _;(G
Dr. Cash in Bank RMB 5820000 7u&l]NC?y
Dr. Financial Expenses RMB 180000 -}UY2)
Cr. Notes Receivable RMB 6000000 5GScqY,aB
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: kQbZ!yl>[
Dr. Non-operating Expenses RMB 3000000 G
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Cr. Provisions RMB 3000000 Z}!'fX."
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 *KDTB
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to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: @;OsHudd
Dr. Provisions RMB 3000000 W{'hn&vU
Cr. Cash in Bank RMB 2500000
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Cr. Non-operating Income RMB 500000 ,L-/7}"VHA
Required: FhY#3-jH
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. Qb?a[[3
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: JS ^Cc
(a)Inventory Turnover Rate in 20×8; +^(_S9CO
(b)Gross Profit Ratio in 20×8; &Iy5@8
(c)After Tax Return on Total Assets in 20×8; and Jfr'OD2$ %
(d)Current Ratio as at December 31, 20×8
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(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. })^eaLBR4
【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。 N2s"$Ttq
以下是未经审计财务报表的部分信息: &6OY^6<
(单位:千元)
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项目 20×8 20×7 gNP1UH4m
营业收入 64 000 48 000 <$-^^b(y
营业成本 54 000 42 000 ~{lb`M^]h
净利润 30 -20 +'gO%^{l
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20×8年12月31日 20×7年12月31日 r2\%/9uO
存货 16 000 12 000
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流动资产 60 000 50 000
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总资产 100 000 90 000 rd0Fd+t/
流动负债 20 000 18 000 -&7?!<f
总负债 30 000 25 000 VI4mEq,V
在审计过程中,约翰发现以下事项: I"czo9Yspd
(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: b>p_w%d[[J
借:银行存款5 820 000 lfM vNv
财务费用 180 000 Ywhhs
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贷:应收票据6 000 000 (.!9
(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: 3@x[M?$
借:营业外支出 3 000 000 A@<
! '
贷:预计负债 3 000 000 7I w^
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: Mu`_^gG
借:预计负债 3 000 000 @>46.V{P}B
贷:银行存款 2 500 000 m]
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营业外收入 500 000 +I5\`By=
要求: j}.gK6Yq*
(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。 ,H6P%
(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: va
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(a)20×8年存货周转率 " J9
(b)20×8年销售毛利率 d)uuA;n
(c)20×8年总资产净利率 IQ\!wWKmY
(d)20×8年12月31日的流动比率 wry`2_c
(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) N~/X.D4e#
【答案】 gWU#NRRc
(1)应选择营业收入作为计算重要性水平的基础。 p]S'pzh
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 BEb?jRMjLg
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 !b!An; ',
销售毛利率=(64000-54000)/64000×100%=15.63% k0j4P^d
总资产净利率=30/[(100000+90000)/2]=0.03% Ue Ci{W
流动比率=60000/20000=3 HqV55o5f'
(3) C
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a.应建议做如下审计调整分录: c$[2tZ
借:应收票据 6 000 000 _$T
!><)y
贷:短期借款 5 820 000 Jk}3c>^D
财务费用 180 000 [F*yh9%\
b.应建议做如下审计调整分录: a K6dy\
借:预计负债 3 000 000 dl=)\mSFjF
贷:营业外支出 500 000 X_X7fRC0
其他应付款 2 500 000 ]~
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