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)。 2:~cJ
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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: xXPUrv5zO
(Expressed in RMB thousands) fO+UHSC
FINANCLAL STATEMENTS ITEMS *k[kV
20×8 *+W6 P
.K
20×7 .t:DvB
LV\ieM
Sales "B?R|
Xg
64000 8E
9{
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48000 #!1IP~
j $0zD:ppW
Cost of sales uZ<%kV1B
54000 W/a,.M
42000 zM\IKo_"
gE1|lY$NL
Net profit &|NZ8:*+#
30 l\Cu1r-z
-20 A{1
\f*
k!9=
HoV{U zm
December 31, 20×8 H8sK}1.
December 31, 20×7 *f?S5.
1oB$u!6P
Inventory $)l2G
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16000 f!EOYowW
12000 hi0XVC95
eL_^: -
Current assets :+<t2^)rD
60000 A ^-Z)0:
50000 5'62ulwMP=
C~{xL>I
Total assets +*: }p
100000 U-1VnX9m
90000 cNx
\&vpd
['?^>jfr
Current liabilities xSdN5RN
20000 )G^p1o;\
18000 -ywX5B
sD2*x T
Total liabilities R
!Fx)xj
30000 {[my"n2
25000 F68},N>vr@
0c`sb+?
WI0QLR'
During the audit, John has the following findings: +{S Maq
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: G 2!}R
Dr. Cash in Bank RMB 5820000 Y'2-yB
Dr. Financial Expenses RMB 180000 ]&' jP
Cr. Notes Receivable RMB 6000000 SQKi2\8w
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: "OVi /:*B
Dr. Non-operating Expenses RMB 3000000 J1nXAh)J
Cr. Provisions RMB 3000000 4+-5,t7
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 E7k-pquvE
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: !~?W \b\:
Dr. Provisions RMB 3000000 -e
&$,R>;
Cr. Cash in Bank RMB 2500000 )\RzE[Cb
Cr. Non-operating Income RMB 500000 YGfA qI
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Required: 'lxLnX
(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. ~Ry
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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: H U:1f)aa
(a)Inventory Turnover Rate in 20×8; $xLEA\s
(b)Gross Profit Ratio in 20×8; p
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(c)After Tax Return on Total Assets in 20×8; and &qNP?>C!=
(d)Current Ratio as at December 31, 20×8 i<'{Y
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. /]pX8
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【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 +GRxH
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以下是未经审计财务报表的部分信息: gkSGRshf
(单位:千元) ,\BfmC_i
项目 20×8 20×7 A J<iM)l|
营业收入 64 000 48 000 9 )ACgz&(
营业成本 54 000 42 000 [t {vYo
净利润 30 -20 <m~T>Ql1
u4go*#
20×8年12月31日 20×7年12月31日 rat=)n)"t
存货 16 000 12 000 yW%&_s0
流动资产 60 000 50 000 un.G6| S
总资产 100 000 90 000 A"Tc^Ij
流动负债 20 000 18 000 l0eANB%Y=@
总负债 30 000 25 000 jB*9 !xrd,
在审计过程中,约翰发现以下事项: zf M<x,XdY
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 9` OG
借:银行存款5 820 000 eUX@
9eML
财务费用 180 000 tVC@6 Z$
贷:应收票据6 000 000 ztRWIkI
q
(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: 'hxs((['\
借:营业外支出 3 000 000 #k"1wSx16
贷:预计负债 3 000 000 _Jf J%YXy
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: ;:v]NZtc
借:预计负债 3 000 000 |U8>:DE l
贷:银行存款 2 500 000 d,Hf-zJ%~
营业外收入 500 000 R1]v}f_I"
要求: ;m-6.AV
(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。 113Z@F
(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: (2\l i{$e
(a)20×8年存货周转率 v]LF
ZI5
(b)20×8年销售毛利率 ~Da
>{zHt
(c)20×8年总资产净利率 [d!Af4
(d)20×8年12月31日的流动比率 s4\SX,
(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) =g{_^^n
【答案】 E#yCcC!wMY
(1)应选择营业收入作为计算重要性水平的基础。 z'5;f;
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 $K=K?BV[
u.ULS3`C/X
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ui s:\Uc
销售毛利率=(64000-54000)/64000×100%=15.63% 'DaNR`9
总资产净利率=30/[(100000+90000)/2]=0.03% &xPOp$Sx~
流动比率=60000/20000=3 GM34-GH+
(3) 9+WY@du+
a.应建议做如下审计调整分录: 31
KDeFg
借:应收票据 6 000 000 SL?%/$2g=O
贷:短期借款 5 820 000 {|8:U}<#h
财务费用 180 000 o+)m}'T8
b.应建议做如下审计调整分录: B`'}&6jr.
借:预计负债 3 000 000 lW{I`r\]
贷:营业外支出 500 000 IqR[&T)lj
其他应付款 2 500 000 `<]P"G