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)。 uROt h_/
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: c,KT1me
(Expressed in RMB thousands) >Dpz0v
FINANCLAL STATEMENTS ITEMS cA"',N8!5
20×8 mt7}1s,i[
20×7 TH2D ;uv
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Sales XM3N>OR.
64000 (veGztt
48000 BVxg=7%St
GZ\;M6{oh
Cost of sales 2O {@W +Mt
54000 KyW6[WA9
42000 F\+wM*:U
v?rjQ'OP
Net profit 9Y1&SEsNX
30 zpr`
-20 i TY4X:x
PYqx&om
W
O
$PW`k
December 31, 20×8 v$"#9oh
December 31, 20×7 >#B%gxff
l?~SH[V
Inventory x^}kG[s
16000 *52*IRH
12000 \`o+Le+%
^jb55X}
Current assets )JE;#m0q
60000 Eom|*2vWIC
50000 $78fR8|r-
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Total assets Mw@T!)(
100000 km'3[}8o&
90000 tfj6#{M5
F ^Rt
6Io
Current liabilities d8Jy$,/`?
20000 ivC1
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18000 +T=Z!2L
H
r? G_L
Total liabilities "aK3
ylz;
30000 6GG&mqr+
25000 LF
<fp&C)h
/j
./
Gvv~P3Dm
During the audit, John has the following findings: -WwFUm
(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: OwV>`BIwns
Dr. Cash in Bank RMB 5820000 ~WU
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Dr. Financial Expenses RMB 180000 xRW~xr2h@
Cr. Notes Receivable RMB 6000000 "T@9]>6.f
(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: E#r6e+e1Q%
Dr. Non-operating Expenses RMB 3000000 [wP;g'F
Cr. Provisions RMB 3000000 2V_C_5)1
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 fM?HZKo
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: `GS!$9j
Dr. Provisions RMB 3000000 ,K .P,z~*
Cr. Cash in Bank RMB 2500000 n(,b$_JK7
Cr. Non-operating Income RMB 500000 WM NcPHcj
Required: DCM,|FE
(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. ;rJR+wpNa
(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: 8AT;9wZqt
(a)Inventory Turnover Rate in 20×8; 64>E|w
(b)Gross Profit Ratio in 20×8; {S(?E_id5b
(c)After Tax Return on Total Assets in 20×8; and Z; Xg5
(d)Current Ratio as at December 31, 20×8 1Vt7
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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. $n& alcU
【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。 AU} e^1h
以下是未经审计财务报表的部分信息: IBb3A
(单位:千元) 'YQ"Lf
项目 20×8 20×7 V"(S<o
营业收入 64 000 48 000 [sp=nG7i&
营业成本 54 000 42 000 y$7Fq'
净利润 30 -20 5Tluxt71
FOgF'!K
20×8年12月31日 20×7年12月31日 sXOGI
v
存货 16 000 12 000 mm\Jf
流动资产 60 000 50 000 w|gtb~oh
总资产 100 000 90 000 #o_`$'
>
流动负债 20 000 18 000 +[8s
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总负债 30 000 25 000 RVy8%[Gcq
在审计过程中,约翰发现以下事项: RK#e7
(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: Sx+.<]t2A
借:银行存款5 820 000 _,_>B8
财务费用 180 000 &K2[>5
mG
贷:应收票据6 000 000 ym:^Y-^iV
(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: p>h B &h
借:营业外支出 3 000 000 ug0[*#|Y
贷:预计负债 3 000 000 NmYSk6kWJ
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: pL8+gL
借:预计负债 3 000 000 qCOv4b`
贷:银行存款 2 500 000 :q S=_!1
营业外收入 500 000 QgO@oV* S
要求: YOwo\'|=
(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。 J/8aDr(+
(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: OsPx-|f
S~
(a)20×8年存货周转率 ;({&C34a
(b)20×8年销售毛利率 #qT 97NQ
(c)20×8年总资产净利率 Ox.&tW%@
(d)20×8年12月31日的流动比率 RN238]K
(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) _C~e(/=z
【答案】 [tym~ZZ]_m
(1)应选择营业收入作为计算重要性水平的基础。 j!GJ$yd=-6
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 p8hF`D~
55MsF}p
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 _%w-y(Sqn
销售毛利率=(64000-54000)/64000×100%=15.63% HE(|x1C)j
总资产净利率=30/[(100000+90000)/2]=0.03% 'm}K$h(U
流动比率=60000/20000=3 _JOrGVmD
(3) ZXljCiNn+\
a.应建议做如下审计调整分录: ^%-$8sV
借:应收票据 6 000 000 VI0^Zq!6R
贷:短期借款 5 820 000 'A
.c*<_
财务费用 180 000 %s P C3L
b.应建议做如下审计调整分录: LOpnPH`
借:预计负债 3 000 000 cOcF VPQ
贷:营业外支出 500 000 /cF
6{0XS9
其他应付款 2 500 000 q]YPDdR#