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)。 p^ OHLT
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: sEL0h4
(Expressed in RMB thousands) taO(\FOm
FINANCLAL STATEMENTS ITEMS GE !p
20×8 $uRi/%Q9
20×7 :j/sTO=
5EECr
\*
Sales 8;f5;7Mn
64000 'Ddzlip
48000 {*
w _*
7$IR^
Cost of sales # |OA>[
54000 'cc{sjG
42000 O+=}x]q*y
7(|f@Y~*
Net profit `/B+
30 T;S6<J
-20 sx' eu;S
~K(mt0T)
#n|eq{fkK
December 31, 20×8 K&T.~2'
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December 31, 20×7 nm%7 e!{m
g{K \
Inventory WQBV~.<Yv
16000 RfT)dS+rAh
12000 ,<s:*
k
Dg}EI^ d
Current assets f*p=j(sF
60000 =gZA9@]W2
50000 jTW8mWNk]
M.EL^;r
Total assets Wq}W )E
100000 D^f;X.Qm
90000 38:5g_
4jjo%N
Current liabilities Eb5BJ-XeS^
20000 \}YAQ'T
18000 E, oR.B
^_W] @m2
Total liabilities $)6M@S
30000 ]AN%#1++U
25000 5Ux= 5a
-e0?1.A$
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During the audit, John has the following findings: *,=8x\Shp
(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: 3[ xHY@c
Dr. Cash in Bank RMB 5820000 ^a1k"|E?f
Dr. Financial Expenses RMB 180000 ]a[2QQ+g
Cr. Notes Receivable RMB 6000000 C+dz0u3s
(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: 8~|v:qk
Dr. Non-operating Expenses RMB 3000000 ]x%sX|Rj
Cr. Provisions RMB 3000000 ZQ-6n1O
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 DwWm(8&6;}
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: 1hc`s+N
Dr. Provisions RMB 3000000 6
tB\X^
Cr. Cash in Bank RMB 2500000 C3
BoH&
Cr. Non-operating Income RMB 500000 8~BLTZ
Required: lc]cs D
(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. S5YEz
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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: ^)a j,U[
(a)Inventory Turnover Rate in 20×8; 5s>>]
.%
(b)Gross Profit Ratio in 20×8;
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(c)After Tax Return on Total Assets in 20×8; and f6PYB&<1
(d)Current Ratio as at December 31, 20×8 ]]y,FQ,r
(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. vV"I}L
【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。 `91Z]zGpU
以下是未经审计财务报表的部分信息: !HeQMz
(单位:千元) {Eqx'j
项目 20×8 20×7 vjA!+_I6
营业收入 64 000 48 000 as!P`*@
营业成本 54 000 42 000 \c!e_rZ
净利润 30 -20 ",aEN=+|hV
[*5hx_4%B
20×8年12月31日 20×7年12月31日 UXwI?2L
存货 16 000 12 000 Zb'a+8[
流动资产 60 000 50 000 |Nadk(}
总资产 100 000 90 000 .
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流动负债 20 000 18 000 *&V"x=ba,
总负债 30 000 25 000 +I}!)$/
在审计过程中,约翰发现以下事项: <$C3]
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(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: 0;]VTz?P
借:银行存款5 820 000 j zwHb'4B3
财务费用 180 000 %MCS_'N
J
贷:应收票据6 000 000 t[AA=
(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: q%,y66pFr
借:营业外支出 3 000 000 7$8DMBqq
贷:预计负债 3 000 000 =F5zU5`i
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Zcg-i:@
借:预计负债 3 000 000 kUr/*an
贷:银行存款 2 500 000 k`s_31<
营业外收入 500 000 8Au W>7_
要求: h${=gSJc
(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。 (`R
heEg@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: P0k.\ 8
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(a)20×8年存货周转率 .B'ws/%5\
(b)20×8年销售毛利率 fwa*|y;
(c)20×8年总资产净利率 ,vBB". LY'
(d)20×8年12月31日的流动比率 8N3rYx;d~
(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) ;wZplVB7y
【答案】 $bN_0s0:'
(1)应选择营业收入作为计算重要性水平的基础。 1)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。 ZmJ<FF4
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86
iP1yy5T
销售毛利率=(64000-54000)/64000×100%=15.63% =c%gV]>G
总资产净利率=30/[(100000+90000)/2]=0.03% ^S)t;t@x
流动比率=60000/20000=3 Z|A+\#'
(3) Digx#'#jf
a.应建议做如下审计调整分录: J0o,ZH9
借:应收票据 6 000 000 9V;A+d,
贷:短期借款 5 820 000 Jyp7+M]
财务费用 180 000 E
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b.应建议做如下审计调整分录: Fc|N6I'o
借:预计负债 3 000 000 pr1kYMrqri
贷:营业外支出 500 000 $&i8/pD
其他应付款 2 500 000 y(Em+YTD