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)。 q\gbjci
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: ]Wjcr2Wq
(Expressed in RMB thousands) u
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FINANCLAL STATEMENTS ITEMS b5KK0Jjk
20×8 f87XE";:A
20×7 3`
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Sales P*U^,Jh<
64000 >M##q?.
48000 Tdz#,]Q
jffNA^e
Cost of sales tGbx/$Y
54000 z!.cc6R
42000 *DZ7,$LQ~D
bC) <K/Q9
Net profit !h<O c!9
30 OjG`s-91&
-20 F0r2=f(?
iE_[]Vgc
>p;&AaXkoG
December 31, 20×8 Di}M\!-[
December 31, 20×7 [gZR}E
OA} r*W
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Inventory SXvflr] =m
16000 wf\7sz
12000 Ho[]03
cnw+^8
Current assets yx*<c#Uf
60000 Of$R+n.
50000 !#*#ji xo
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Total assets 0@y`iZ]
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100000 dV}]\8N
90000 T(]*jaB
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Current liabilities Zg>]!^X8
20000 $<&_9T#&w
18000 Q
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Total liabilities \DBEs02
30000 DnG9bVm>
25000 KK6z3"tk5
.5s^a.e'O
/(u? k%Q
During the audit, John has the following findings: MA}}w&
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 2i
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Dr. Cash in Bank RMB 5820000 0S'@(p[A
Dr. Financial Expenses RMB 180000 =VT\$
5A
Cr. Notes Receivable RMB 6000000 ![fNlG!r
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: HD2C^V2@M
Dr. Non-operating Expenses RMB 3000000 :xbj&
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Cr. Provisions RMB 3000000 _iEnS4$A8
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 FUJ<gqL
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: %4V$')rek
Dr. Provisions RMB 3000000 q@;1{
Cr. Cash in Bank RMB 2500000 ~Lg ;7i1L
Cr. Non-operating Income RMB 500000 B*Om\I
Required: ?E}gm>
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. jAv3qMQA
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: iVf7;M8O
(a)Inventory Turnover Rate in 20×8; G`Z<a
(b)Gross Profit Ratio in 20×8; r ?<kWR?w
(c)After Tax Return on Total Assets in 20×8; and cR,'aX
(d)Current Ratio as at December 31, 20×8 v,z~#$T&
(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. KhX)maQ
【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。 ur=:Ha
以下是未经审计财务报表的部分信息: ^q0`eS
(单位:千元) C+jXH)|iq
项目 20×8 20×7 >H5t,FfQL
营业收入 64 000 48 000 R$
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营业成本 54 000 42 000 ;3xi.^=B
净利润 30 -20 S#He OPRL
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20×8年12月31日 20×7年12月31日 :F#^Q%-IS
存货 16 000 12 000 A
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流动资产 60 000 50 000 b
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总资产 100 000 90 000 7/k7V)
流动负债 20 000 18 000 +Wy `X5v
总负债 30 000 25 000 RP[`\
在审计过程中,约翰发现以下事项: }bdoJ5
(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: &,:!gYN
借:银行存款5 820 000 2QEH!)lvr
财务费用 180 000 }~ N\A
贷:应收票据6 000 000 6gO(
8
(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: #CAZ}];Qx
借:营业外支出 3 000 000 72J=_d>+
贷:预计负债 3 000 000 BA@M>j6d
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: q
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借:预计负债 3 000 000 t%5bDdo
贷:银行存款 2 500 000 }LQV2 hKTG
营业外收入 500 000 Kng=v~)N'
要求: 8;c\}D
(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。 wq!9wk9
(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: 0R`>F">
(a)20×8年存货周转率 {<gX~./]c
(b)20×8年销售毛利率 r!eW]M
(c)20×8年总资产净利率 PYs0w6o
(d)20×8年12月31日的流动比率 m_Z(osoE#W
(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) L;L_$hu)
【答案】 S1@r.z2L
(1)应选择营业收入作为计算重要性水平的基础。 Nq\)o{<1
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 CR2.kuM0~
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 v@8SMOe%
销售毛利率=(64000-54000)/64000×100%=15.63% *8;<w~
总资产净利率=30/[(100000+90000)/2]=0.03% M5d EZ
流动比率=60000/20000=3 bi+g=
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(3) tq@)J_7|
a.应建议做如下审计调整分录: BD}%RTeWKq
借:应收票据 6 000 000 j)@{_tv6;
贷:短期借款 5 820 000 .d$Q5Qae
财务费用 180 000 9=/4}!.
b.应建议做如下审计调整分录: UzIE,A
借:预计负债 3 000 000 <RbfW'<G
贷:营业外支出 500 000 *=v%($~PK6
其他应付款 2 500 000 |M
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