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)。 ~GJJ{Bm_
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: OHixOI$O
(Expressed in RMB thousands) *6%!i7kr
FINANCLAL STATEMENTS ITEMS -g'[1
20×8 Z)cGe1?q
20×7 ,"!t[4p=f
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Sales %jKbRiz1u
64000 oTj9 /r
48000 n!5 :I#B
V=}AFGC85
Cost of sales yrO\\No#H
54000 F.i%o2P3
42000 .du FMJl
B>, O@og
Net profit 7Pu.<b}
30 ,B]kX/W
-20 Y#Pl)sRr
YK Nz[x$|
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December 31, 20×8 SB
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December 31, 20×7 $CXKeWS=Q.
Y@'ug N|[C
Inventory Jybx'vZj
16000 B\BxF6 y
12000 ~Ti
0#f;/c0i
Current assets hawE2k0p(
60000 ^s<p5V
50000 __jFSa`at
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Total assets v^_OX$=,
100000 n~xh
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90000 3(|8gWQ
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Current liabilities K1c@]]y)
20000 0mj^Tms
18000 z?V'1L1gM
HS!O;7s'
Total liabilities V6%J9+DK
30000 J6 }J /
25000 PfKIaW<
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,
During the audit, John has the following findings: nY7
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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: Aa^%_5
Dr. Cash in Bank RMB 5820000 L' w
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Dr. Financial Expenses RMB 180000 6BT o%
Cr. Notes Receivable RMB 6000000 bL>J
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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: -ZXC^zt
Dr. Non-operating Expenses RMB 3000000 0. _)X
Cr. Provisions RMB 3000000 mouLjT&p
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 %<cfjo
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: $@y<.?k>UP
Dr. Provisions RMB 3000000 E;7vGGf]
Cr. Cash in Bank RMB 2500000 go^?F-
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Cr. Non-operating Income RMB 500000 V>
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Required: +D
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(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. 9z)p*+rUK
(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: EMyMed_
(a)Inventory Turnover Rate in 20×8; "p<B|
(b)Gross Profit Ratio in 20×8; 8Io--Ew3
(c)After Tax Return on Total Assets in 20×8; and Kt
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(d)Current Ratio as at December 31, 20×8 L[4Su;D
(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. ^,`;x
【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。 Qo7]fnnaV
以下是未经审计财务报表的部分信息: 59eq"08
(单位:千元) JVO,@~~
项目 20×8 20×7 [o]^\ay
营业收入 64 000 48 000 s?h=%;T[
营业成本 54 000 42 000 V[&4Km9C
净利润 30 -20 M~ =Bln5
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20×8年12月31日 20×7年12月31日 7aAT
存货 16 000 12 000 hdZ{8 rP
流动资产 60 000 50 000 FGzMbi<l#(
总资产 100 000 90 000 7v9l+OX,6
流动负债 20 000 18 000
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总负债 30 000 25 000 .qBL.b_`
在审计过程中,约翰发现以下事项: &p>VTD
(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: *`]LbS
借:银行存款5 820 000 iwJeV J
财务费用 180 000 zd1X(e<|{
贷:应收票据6 000 000 P GTi-o}
(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: G&i<&.i
借:营业外支出 3 000 000 w9QY2v,
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贷:预计负债 3 000 000 JO\F-xO
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: u,]?_bK)
借:预计负债 3 000 000 :by EXe;3
贷:银行存款 2 500 000 1=fP68n
营业外收入 500 000 1:2t4}
要求: Ko6>h
(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。 k%UE^
(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: fQZ,kl
(a)20×8年存货周转率 v(uYso_
(b)20×8年销售毛利率 C'4gve 7!
(c)20×8年总资产净利率 t[L0kF9en
(d)20×8年12月31日的流动比率 \UKr|[P
(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) UPs7{We W
【答案】 2"Oj*
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(1)应选择营业收入作为计算重要性水平的基础。 }bwH(OOS
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 }=)
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 )?@X{AN&
销售毛利率=(64000-54000)/64000×100%=15.63% '`.bmiM
总资产净利率=30/[(100000+90000)/2]=0.03% TF_~)f(`
流动比率=60000/20000=3 IhIPy~Hgt
(3) ^zdZ"\x
a.应建议做如下审计调整分录: gQXB=ywF
借:应收票据 6 000 000 Yh=/?&*
贷:短期借款 5 820 000 $JH_
财务费用 180 000 )~(( 6?k4e
b.应建议做如下审计调整分录: f@:.bp8VB8
借:预计负债 3 000 000 Xi^#F;@sU
贷:营业外支出 500 000 DB1F_! 9
其他应付款 2 500 000 u$A*Vsmr