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)。 ">4PePt.n
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: fqN75['n
(Expressed in RMB thousands) `,Xb8^M2
FINANCLAL STATEMENTS ITEMS KjBOjD'I
20×8 keaj3#O
20×7 &0JK38(
IO*l vy
Sales Ma>:_0I5
64000 f.J9) lfb
48000 </|)"OD9
K]ca4Z
Cost of sales kq>GMUl~@
54000 )`mbf|,&t{
42000 Yg[ v/[]
TR~|c|B
Net profit z;[gEA+I
30 :Jjw"}SfK#
-20 G5Je{N8W
(1rJFl!
'7t|I6$ow
December 31, 20×8 "havi,m
December 31, 20×7 c%ZeX%p
;*W=c
Inventory ujiZM
16000 '/ihL^^@L
12000 <D~6v2$
A%h~Z
a
Current assets lxo.,n)
60000 Wx}M1&d/J
50000 R$Zv0a&
<b6s&"%=
Total assets >_-!zjO8u
100000 jY rym-
90000 P`p6J8}4
#fwzFS \XL
Current liabilities &S<?07Z
20000 qC\]"Z`m
18000 /%62X{=>;
qx Wgt(Os
Total liabilities kNRyOUy
30000 >vHH
25000 ;&If9O1
('T4Db
tp#Z@5=
During the audit, John has the following findings: RV(
w%g
(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: `E{;85bDH
Dr. Cash in Bank RMB 5820000 ==nYe{2
Dr. Financial Expenses RMB 180000 O|?Z~
Cr. Notes Receivable RMB 6000000 Lwp-2`%
(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: XI]OA7Zis
Dr. Non-operating Expenses RMB 3000000 I0I_vu
Cr. Provisions RMB 3000000 y>@v>S
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 r4 9UJE
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: \P*PjG?R
Dr. Provisions RMB 3000000 EfFj!)fz
Cr. Cash in Bank RMB 2500000 tDEXm^B2Sv
Cr. Non-operating Income RMB 500000 `oB' (
Required: uFGv%W
(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. !O~},pp
(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: ^Vl^,@
(a)Inventory Turnover Rate in 20×8; N{ : [/
(b)Gross Profit Ratio in 20×8; w/qQ(]n8
(c)After Tax Return on Total Assets in 20×8; and h~,x7]w6
(d)Current Ratio as at December 31, 20×8 `kqT{fs
(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. kSLSxfR
【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。 6].yRNy"
以下是未经审计财务报表的部分信息: #x, ]D
(单位:千元) W3Fy mCI
项目 20×8 20×7 nwY2BIB
营业收入 64 000 48 000 [Xs}FJ
营业成本 54 000 42 000 -;l`h
RW
净利润 30 -20 h |s*i
QV`X?m
20×8年12月31日 20×7年12月31日 g@$0FY{Q
存货 16 000 12 000 hCU)W1q#
流动资产 60 000 50 000 Bx\#`Y
总资产 100 000 90 000 yfPCGCOW?
流动负债 20 000 18 000 Z|]l"W*w
总负债 30 000 25 000 t9-_a5>E\}
在审计过程中,约翰发现以下事项:
g|tNa/
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 9c"0~7v
借:银行存款5 820 000 gUksO!7^1
财务费用 180 000 6$W -?
贷:应收票据6 000 000 j09mI$2y67
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: L@C >-F|p
借:营业外支出 3 000 000 N5:D8oWWXR
贷:预计负债 3 000 000 Q{%HW4lg
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: e7Yb=/F
借:预计负债 3 000 000 V_NjkyI
贷:银行存款 2 500 000 sL!;hKK
营业外收入 500 000 OwNA N
要求: +}Qv6s#
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 0lLr[
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: 0z#l0-NdQ
(a)20×8年存货周转率 bl(BA}<
(b)20×8年销售毛利率 @)aXNQ
Y
(c)20×8年总资产净利率 d/0/$Bz}P
(d)20×8年12月31日的流动比率 *D,v>(
(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) )OARO
【答案】 / e~
(1)应选择营业收入作为计算重要性水平的基础。 >GdLEE'w
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 rg#qSrHp
,
I[^3Fn
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 5pNvzw
销售毛利率=(64000-54000)/64000×100%=15.63% )a4E&D
总资产净利率=30/[(100000+90000)/2]=0.03% ?TL2'U|
M
流动比率=60000/20000=3 o`<h=+a\
(3) pHI%jHHJ
a.应建议做如下审计调整分录: n r'YWW
借:应收票据 6 000 000 Mft0Dj/
贷:短期借款 5 820 000
y)N.LS
财务费用 180 000 K1m!S9d`x
b.应建议做如下审计调整分录: Sa?~t3*H
借:预计负债 3 000 000 Q1N,^
71
贷:营业外支出 500 000 9*GL@_c
其他应付款 2 500 000 :ofE8]