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)。 b<r*EY
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: M?gZKdj
(Expressed in RMB thousands) ga1b%5]v.
FINANCLAL STATEMENTS ITEMS ze+S_{
20×8 &QHmo*
20×7 S._h->5f
H-WNu+
Sales zuJ` 704
64000 0^2e^qf
48000 Zia6m[ ^Q
7 oYD;li$k
Cost of sales +K=RM qM-8
54000 )=N.z6?
42000 rTC|
8e
2gvS`+<TP
Net profit =AHV{V~
30 T sJ71
-20 '/ueY#eG
0icB2Jm:D}
+tlbO?
December 31, 20×8 D*HK[_5
December 31, 20×7 =/xXB
2<2a3'pG
Inventory tJGPkeA
16000 %z
@T /
12000 lm'.G99{
4uVyf^f\]f
Current assets uxq#q1
60000 G<*h,'B
50000 b]8\%=d
eLyIQo W
Total assets 9FT==>
100000 d?CU+=A&|
90000 @:9mTP7
QX-M'ur99
Current liabilities @zi
x%x
20000 .R^]<b:`
18000 xJvalb
P_@ty~u
Total liabilities O_SM! !,
30000 D t]FmU
25000 Y}x_ud,
t6+>Zr
aUBu"P$J
During the audit, John has the following findings: 4T<dI6I0
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: y2C/DyuAY|
Dr. Cash in Bank RMB 5820000 RQn3y-N]
Dr. Financial Expenses RMB 180000 r2Q) Q
Cr. Notes Receivable RMB 6000000 W?@+LQa??
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: %bnjK#o"Q
Dr. Non-operating Expenses RMB 3000000 C4C!
-12
Cr. Provisions RMB 3000000 TF,a`?c`
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Od]wh
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: %A(hmC
Dr. Provisions RMB 3000000 Q[Tbdc%1EG
Cr. Cash in Bank RMB 2500000 l}Vg;"1'J
Cr. Non-operating Income RMB 500000 #+3I$ k
Required: )4/UzR$
(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. k1WyV_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: RKz _GEH)
(a)Inventory Turnover Rate in 20×8; ~U4;YlQP
(b)Gross Profit Ratio in 20×8; D-5~CK4`
(c)After Tax Return on Total Assets in 20×8; and gkv,Om
(d)Current Ratio as at December 31, 20×8 <gr2k8m6$
(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. -(.\> F
【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。 y\[GS2nTX
以下是未经审计财务报表的部分信息: "}UYsXg
(单位:千元) z: W1(/W~
项目 20×8 20×7 q/YO5>s15
营业收入 64 000 48 000
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营业成本 54 000 42 000 {S5D~A*a+
净利润 30 -20 k Nw3Qr
!]WC~#|{B
20×8年12月31日 20×7年12月31日 P,Rqv)}X
存货 16 000 12 000 9\NP)Vm$^
流动资产 60 000 50 000 X1h*.reFAL
总资产 100 000 90 000 fm,:8%
流动负债 20 000 18 000 u]Y NF[]
总负债 30 000 25 000 `?Xt ,
在审计过程中,约翰发现以下事项: g.O? 1bebe
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 0 :1ldU
4
借:银行存款5 820 000 8"S?
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财务费用 180 000 8 K>Ejr
贷:应收票据6 000 000 m-!z(vcn
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: D D
Crvl
借:营业外支出 3 000 000 4K*DEVS
贷:预计负债 3 000 000 S{ !m})1?
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: -wV0Nv(V8
借:预计负债 3 000 000 _N`pwxpsb
贷:银行存款 2 500 000 ()i!Uo
营业外收入 500 000 su]ywVoRT
要求: mkmVDRK
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 j2|!h%{nI
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: ./;*LD
(a)20×8年存货周转率 ^l/$ 13=
(b)20×8年销售毛利率 ud.Bzg:/
(c)20×8年总资产净利率 \OXKK<^$uK
(d)20×8年12月31日的流动比率 ed)!Snz
(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) u~d&<_Z
【答案】 7QkAr
(1)应选择营业收入作为计算重要性水平的基础。 y7s.6i}7
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 0
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 *Cgd?*\7
销售毛利率=(64000-54000)/64000×100%=15.63% OG}D;Ew
总资产净利率=30/[(100000+90000)/2]=0.03% ~d?\rj3=
流动比率=60000/20000=3 "ae55ft//
(3) %z0@4Gq
a.应建议做如下审计调整分录: 9w FQ<r
借:应收票据 6 000 000 aw:0R=S,>
贷:短期借款 5 820 000 }t #Hq
财务费用 180 000 t
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b.应建议做如下审计调整分录: s2ys>2k
借:预计负债 3 000 000 MXhRnVz"W
贷:营业外支出 500 000 dfq5P!'
其他应付款 2 500 000 ,P d2ZfZ