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)。 9%o32eo,3
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: I13y6= d
(Expressed in RMB thousands) %^)fmu
FINANCLAL STATEMENTS ITEMS !j8FIY'[
20×8 @+&LYy72
20×7 .Yamc#A-
/ H[=5
Sales sN
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64000 NlA,'`,
48000 a
kk NI3
fF!Yp iI"
Cost of sales ]{;gw<T
54000 Q4#.X=.d
42000 _>o:R$ %}
-vAC"8)S
Net profit aG-vtld
30 3<e=g)F
-20 z{%<<pZ
lne|5{h
[7:,?$tC
December 31, 20×8 *l(7D(#
December 31, 20×7 \,'m</o~,
=ke2;}X
Inventory m;$b'pT
16000 D5gFXEeh
12000 #z'
k`
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Current assets H-!,yte
60000 +i6GHBn~J
50000 +X\FBvP&
N_LM/of|D
Total assets 8$]1M,$r
100000 O"+gQXe
90000 5p,RI&nlN
&.F4b~A7
Current liabilities b.OsiT;_j
20000 ;gD
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18000 K$z2YJ%
xEa\
f[.An
Total liabilities ;'gW
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30000 \Zb;'eDv
25000 kx8G
^23~ZHu
-D<< kra
During the audit, John has the following findings: 44J]I\+
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: ynp 8rf
Dr. Cash in Bank RMB 5820000 ,10=
Dr. Financial Expenses RMB 180000 8u"U1
Cr. Notes Receivable RMB 6000000 l&
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(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 05|=`eJ
Dr. Non-operating Expenses RMB 3000000 {% 6}'
Cr. Provisions RMB 3000000 ]|#+zx|/D
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 @s*-%N^:[L
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: [=C6U_vU
Dr. Provisions RMB 3000000 g/4[N{Xf
Cr. Cash in Bank RMB 2500000 O/^%2mG
Cr. Non-operating Income RMB 500000 //B&k`u
Required: oE6tauQn
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. Q(G#W+r
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: }ZYd4h|g\z
(a)Inventory Turnover Rate in 20×8; @ 8(q$
(b)Gross Profit Ratio in 20×8; L]7=?vN=8
(c)After Tax Return on Total Assets in 20×8; and @?ebuj5{e
(d)Current Ratio as at December 31, 20×8 [\]50=&
(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. K&u_R
【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。 p;a,#IJu
以下是未经审计财务报表的部分信息: ;J'LS
(单位:千元) b\f
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项目 20×8 20×7 ~ZaY!(R<
营业收入 64 000 48 000 EZgwF=lO
营业成本 54 000 42 000 'I|v[G$l
净利润 30 -20 <(#(hDwy
qyb?49I
20×8年12月31日 20×7年12月31日 'JtBZFq
存货 16 000 12 000 P-[-pi@
流动资产 60 000 50 000 v4<nI;Ux
总资产 100 000 90 000 v@sIHb
流动负债 20 000 18 000 + SzU
总负债 30 000 25 000 &/Z
/Y ]
在审计过程中,约翰发现以下事项: f^3*)Ni
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: a9e>iU
借:银行存款5 820 000 t
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财务费用 180 000 2F[ q).
贷:应收票据6 000 000 E#RDqL*J
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: LG0;#3YwH
借:营业外支出 3 000 000 E#34Wh2z
贷:预计负债 3 000 000 gE'sOT9v
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: fy1|$d{'
借:预计负债 3 000 000 /A\8 mL8
贷:银行存款 2 500 000 I@\lN&HC
营业外收入 500 000 Ng
&%
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要求: AD>e?u
(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。 ;._
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(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: eSn+ B;
(a)20×8年存货周转率 g@Z))M+
(b)20×8年销售毛利率 q_lKKzA
(c)20×8年总资产净利率 -]Bq|qTH[(
(d)20×8年12月31日的流动比率 _rMg}F"
(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) k?yoQL*
【答案】 $GV7
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(1)应选择营业收入作为计算重要性水平的基础。 zC:ASt
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 OG~gFZr)6
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 YR
k(u7:0
销售毛利率=(64000-54000)/64000×100%=15.63% gk4;>}
总资产净利率=30/[(100000+90000)/2]=0.03% Jumgb
流动比率=60000/20000=3 >~rTqtKd
(3) ,oe <
a.应建议做如下审计调整分录: 2ACCh4(/P
借:应收票据 6 000 000 [Y/}
^
贷:短期借款 5 820 000 hR
n <em
财务费用 180 000 m,28u3@r
b.应建议做如下审计调整分录: .#!lP/.eQP
借:预计负债 3 000 000 <V'@ks%
贷:营业外支出 500 000 qArM|\l1
其他应付款 2 500 000 hW')Sp