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)。 CQ"IL;y
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: *=S\jek
(Expressed in RMB thousands) ?YgK]IxD
FINANCLAL STATEMENTS ITEMS h.4;-&
20×8 *D,+v!wG9
20×7 _ZD)#?
$z{HNY*2
Sales 60teD>Eh,
64000 0c7&J?"wE
48000 \9i.dF
uiE9#G
Cost of sales Fm,A<+l@u
54000 rgIJ]vmy<H
42000 m3 (fr
F!`.y7hY@
Net profit nf/iZ &
30 m2{z
-20 v2EM| Q xp
(LRv c!`"
.(CzsupY_q
December 31, 20×8 %MbjKw
December 31, 20×7 MJV&%E6{:{
ui G7
Inventory .XURI#b
16000 Tr/wG
12000 w69`vK
9qQ_#$Vv
Current assets $NG}YOP)@
60000 WU#bA|Cf
50000 !&E>8h
Cl<`uW3
Total assets na
$z\C\
100000 !j %)nU
90000 I^M3>}p
s.C-II?e
Current liabilities mk
j`z
20000 5[X^1
18000 HQ@X"y
n
pVt-7AgW
Total liabilities z ;y22
30000 YZpF*E;6t
25000 )V)4N[?GC
?)4|WN|c_
z~o%U&DO}
During the audit, John has the following findings: 9<[RXY
(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: :r^i0g|5P
Dr. Cash in Bank RMB 5820000 Gu*;z% b2
Dr. Financial Expenses RMB 180000 l+R-lsj
Cr. Notes Receivable RMB 6000000 ./5|i*ow
(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: #1u4Hi(x5
Dr. Non-operating Expenses RMB 3000000 ]wa?~;1^&
Cr. Provisions RMB 3000000 ^"6xE nA]
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 kfm8F8sxl
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: 6n%^
U2H/-
Dr. Provisions RMB 3000000 rx_'(
Cr. Cash in Bank RMB 2500000 A{5k}
Cr. Non-operating Income RMB 500000 C"IPCJYn
Required: @U5+1Hjc
(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. pgU54Ef
(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: /o8`I
m
(a)Inventory Turnover Rate in 20×8; L\y,7@1%AT
(b)Gross Profit Ratio in 20×8; Sr2c'T"
(c)After Tax Return on Total Assets in 20×8; and _~Lhc'^p*
(d)Current Ratio as at December 31, 20×8 z6'zNM7M
(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. )]>=Uo
【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。 8C4Tyms
以下是未经审计财务报表的部分信息: HOykm
x6$
(单位:千元) Om>6<3n
项目 20×8 20×7 G-M!I`P
营业收入 64 000 48 000 y<)Lr}gP
营业成本 54 000 42 000 tEiN(KA!5
净利润 30 -20 6sQ"go$}
9J%dd0
20×8年12月31日 20×7年12月31日 7:M%w'oR
存货 16 000 12 000 `'Z ;+h]
流动资产 60 000 50 000 NYR^y\u
总资产 100 000 90 000 QhpE 2ICU
流动负债 20 000 18 000 3e I:$1"Q
总负债 30 000 25 000
9l{r&]
在审计过程中,约翰发现以下事项: jn)~@~c
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: bB)EJCPq>
借:银行存款5 820 000 TrkoLJmB
财务费用 180 000 wF@qBDxg
贷:应收票据6 000 000 u@|GQXC
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: w:MfaN*
借:营业外支出 3 000 000 KkAk(9Q/3
贷:预计负债 3 000 000 <-}6X
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: PJA 1/"
借:预计负债 3 000 000 .O1g'%
贷:银行存款 2 500 000 %@H;6
营业外收入 500 000 VWLou
jB
要求: 5f}63as
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 2&$ A x
(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: T=b5th
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(a)20×8年存货周转率 oh& PQ{
(b)20×8年销售毛利率
dBobVT'
(c)20×8年总资产净利率 Gt6$@ji4u
(d)20×8年12月31日的流动比率 !8l4Hc8
(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) (O&