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)。 qz-lQ
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: p13y`sU=
(Expressed in RMB thousands) 9*a"^
FINANCLAL STATEMENTS ITEMS {ZUgyGE{
20×8 2N&S__
20×7 ?,r}@89pY
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Sales G Mg|#DV
64000 dY?>:ce
48000
#%/0a
ocj^mxh=O
Cost of sales "6WE6zq
54000 F@xKL;'N74
42000 ZyrVv\'
xqj@T^y
Net profit _]kw |[)
30
\uOR1z
-20 .V{y9e+
uF@DJX}>
)9{!=k
December 31, 20×8 \k%j
December 31, 20×7 g0s*4E
@(m?j1!M
Inventory /6'5uP
16000 o|1_I?_
12000 kybDw{(}gc
#@cEJV;5"
Current assets KhNE_.
Z
60000 )tx!BJiZ[
50000 :w9s bW
Y-v6M3$
Total assets Mir(
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100000 jGn2QL
90000 V}/AQe2m&
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Current liabilities ?fvK<0S`
20000 6P`!yBAu
18000 5"7lWX
@=6$ImU
Total liabilities NY%=6><t!
30000 <)$JA
25000 )VkH':yCM
TxmKmZ u
9{R88f?;
During the audit, John has the following findings: 7eyx cr;z
(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: +Y440Tz
Dr. Cash in Bank RMB 5820000 10..<v7
Dr. Financial Expenses RMB 180000 bP1]:^ x@W
Cr. Notes Receivable RMB 6000000
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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: %H7H0%qW
Dr. Non-operating Expenses RMB 3000000 z?g\w6
Cr. Provisions RMB 3000000 $+w -r#,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 90
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to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: (x8D ]a
Dr. Provisions RMB 3000000 9:CM#N~?o
Cr. Cash in Bank RMB 2500000 IUwMIHq&sW
Cr. Non-operating Income RMB 500000 71k>_'fl
Required: fTV3lyk
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 6$\'
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(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: j<-YK4.t
(a)Inventory Turnover Rate in 20×8; +#7)'c
(b)Gross Profit Ratio in 20×8; { VFr8F0*H
(c)After Tax Return on Total Assets in 20×8; and 9Z. WR-}
(d)Current Ratio as at December 31, 20×8 Q|nGY:98
(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. c~n:xblv
【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。 e~Z>C>J
以下是未经审计财务报表的部分信息: %8! }" Xa
(单位:千元) E3
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项目 20×8 20×7 <iznB8@
营业收入 64 000 48 000 h$a%PaVf
营业成本 54 000 42 000
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净利润 30 -20 7\W
q :<JL
@x/D8HK2
20×8年12月31日 20×7年12月31日 \t%rIr
存货 16 000 12 000 4
JDk()
流动资产 60 000 50 000
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总资产 100 000 90 000 @SH$QUM(
流动负债 20 000 18 000 c>yqq'
总负债 30 000 25 000 s92SN F}g
在审计过程中,约翰发现以下事项: J4q_}^/2w
(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: K|sx"u|?
借:银行存款5 820 000 "1>
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财务费用 180 000 .a]9 rQQ&_
贷:应收票据6 000 000
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(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: }^n3
46^
借:营业外支出 3 000 000 iCh,7I,m
贷:预计负债 3 000 000 "'*w_H0
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: ^U]B&+m
借:预计负债 3 000 000 NT<vs"<B
贷:银行存款 2 500 000 cP`[/5R
营业外收入 500 000 \LQ54^eB
要求: NKE,}^C
(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。 b
=Oec%Adx
(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:
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(a)20×8年存货周转率 Eh/Z4pzT
(b)20×8年销售毛利率 #m36p+U
(c)20×8年总资产净利率 #Bi8>S
(d)20×8年12月31日的流动比率 Zp
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(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) 8;1,saA_9
【答案】 XmX{e.<NZ
(1)应选择营业收入作为计算重要性水平的基础。 &u~#bDh
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 YuKg|<WO
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 b*W01ist
销售毛利率=(64000-54000)/64000×100%=15.63% OCN@P+L3q
总资产净利率=30/[(100000+90000)/2]=0.03% &ub0t9R
流动比率=60000/20000=3 {~+o+LV
(3) XPsRa[08WK
a.应建议做如下审计调整分录: VVDd39q
借:应收票据 6 000 000 )lDmYt7me
贷:短期借款 5 820 000 xJ|_R,>.H
财务费用 180 000 ="__*J#nze
b.应建议做如下审计调整分录: Z@QJ5F1y
借:预计负债 3 000 000 WHKe\8zWq
贷:营业外支出 500 000
mPS27z(
其他应付款 2 500 000
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