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)。 8Th|'
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: HP. j.
(Expressed in RMB thousands)
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FINANCLAL STATEMENTS ITEMS DD"]as"#
20×8 Tp)-L0kD_k
20×7 ~6kEpa
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Sales cEve70MV
64000 bH3-#mw5w
48000 {{SQL)yJ
yF
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Cost of sales
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54000 WkXa%OZ
42000 -AD3Pd|Y[
i)+@'!6
Net profit *;Hvx32I
30 Ga.a"\F.V
-20 ysGK5kFz
3PpycJ}
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December 31, 20×8 a&.8*|w3
December 31, 20×7 c/x ^I{b*
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Inventory Rzj5B\+Rk(
16000 IObGmc
12000 xo6-Y=c8
ojT TYR{
Current assets h.sH:]Z
60000 3"6lPUS
50000 Ad9'q!_en
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Total assets \n6#D7OV
100000 qg'RD]a> R
90000 zp!{u{
&h`s:Y
Current liabilities #=OKY@z/
20000 )f*&}SV
18000
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Gi6sl_"q
Total liabilities L'H'E,
30000 ",w@_}z:
25000 +Z/*=
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During the audit, John has the following findings: kHo0I8
(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: Ldf<
Dr. Cash in Bank RMB 5820000 yS@c2I602
Dr. Financial Expenses RMB 180000 ht
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Cr. Notes Receivable RMB 6000000 5T:e4U&
(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: $!G7u<`na
Dr. Non-operating Expenses RMB 3000000 8jMw7ti
Cr. Provisions RMB 3000000 brl(7_2
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 2h IM!wQ
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: ]- " )r
Dr. Provisions RMB 3000000 CJz2.yd
Cr. Cash in Bank RMB 2500000 =XzrmPu
Cr. Non-operating Income RMB 500000 4fT,/[k?
Required: E<:XHjm
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. FF0N{bY
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: <ZSH1~<{6
(a)Inventory Turnover Rate in 20×8; |j
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(b)Gross Profit Ratio in 20×8; FWq+'GkSV
(c)After Tax Return on Total Assets in 20×8; and dPc*!xrq
(d)Current Ratio as at December 31, 20×8 Mi%i_T^i
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. P%8
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【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 IX$dDwY|O>
以下是未经审计财务报表的部分信息: 9s>q
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(单位:千元) [ %cW ?@
项目 20×8 20×7 ZNuz%VO
营业收入 64 000 48 000 sX.L
营业成本 54 000 42 000 lG I1LUo
净利润 30 -20 YiJnh47
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20×8年12月31日 20×7年12月31日 MRR 5j;4GK
存货 16 000 12 000 %YkJA:
流动资产 60 000 50 000 E
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总资产 100 000 90 000 (0 /,R
流动负债 20 000 18 000 UOJx-o!c?
总负债 30 000 25 000 ] JVs/
在审计过程中,约翰发现以下事项: (dd+wx't
(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: -*~= 4m<
借:银行存款5 820 000 q_bE?j{
财务费用 180 000 !8 lG"l|,l
贷:应收票据6 000 000 _PLY<i2vr
(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: 5^<X:1J$
借:营业外支出 3 000 000 #
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贷:预计负债 3 000 000 0x7F~%%2
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: =
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借:预计负债 3 000 000 j]U sb_7
贷:银行存款 2 500 000 IFcxyp
营业外收入 500 000 VG0Ty;bV
要求: G0oY`WXOB
(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。 HY0q!.qog
(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: ZJ}9g(X..g
(a)20×8年存货周转率 d[E~}Dq3#
(b)20×8年销售毛利率 `%IzW2v6
(c)20×8年总资产净利率 H.*:+
(d)20×8年12月31日的流动比率 2~dUnskyy
(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) JL[$B1
【答案】 !m"LIa#/Cs
(1)应选择营业收入作为计算重要性水平的基础。 -sO[,
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 \UA\0p
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 rH*1bDL
销售毛利率=(64000-54000)/64000×100%=15.63% r<VZEbm)
总资产净利率=30/[(100000+90000)/2]=0.03% RfH.WXi
流动比率=60000/20000=3 R[KF${X4
(3) GKT2x '(e
a.应建议做如下审计调整分录: eRU0gvgLu"
借:应收票据 6 000 000 4<}!+X7m
贷:短期借款 5 820 000 yHhx- `
财务费用 180 000 -FQ!
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 1P4cBw%
贷:营业外支出 500 000 \d"JYym
其他应付款 2 500 000 EQ
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