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)。 rr]-$]Q
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: YT}ZLx
(Expressed in RMB thousands) tP4z#0r2
FINANCLAL STATEMENTS ITEMS G>,43S!<
20×8 I+W:}}"j
20×7 (Rh$0^)A
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Sales $V,ZH*
g
64000 ]DjnzClx
48000 qi$nG_<<Z
$g_|U:,
Cost of sales 3 L:SJskYR
54000 |J$Bj?
42000 ~(\.j=x
{$Z
S
27
Net profit `t3w|%La}
30 & tjL*/
-20 =
( 4l
QXEz[R
';xp+,'}\
December 31, 20×8 KzQuLD(e
December 31, 20×7 wizLA0W
QYc/f"9
Inventory yM('!iG*/
16000 iX-.mq$
12000 '0v]?mM
x27$h)R0v
Current assets `#4q7v~>oe
60000 CbFO9q
50000 YRQ?:a{H
Ffig0K+`
Total assets p^ ONJL
100000 %xA-j]%?ep
90000 O Ke
9/._
8ib e#jlg
Current liabilities {01^xn.
20000 Oj
'^Ww m
18000 l ;S_ J^S
EQ]>^VE2B
Total liabilities a fLE9
30000 w5=<}1`St
25000 XZrzG P(
`jec|i@oO
eOahr:Db
During the audit, John has the following findings: (_AU)
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: T?CQgVR
Dr. Cash in Bank RMB 5820000 o1thGttVDg
Dr. Financial Expenses RMB 180000 Tnas$=J
Cr. Notes Receivable RMB 6000000 :-$TD('F
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: .Hg{$SAC(w
Dr. Non-operating Expenses RMB 3000000 |XmzqX%
Cr. Provisions RMB 3000000 #'.
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 q8MyEoc:n
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: 5?.!A
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Dr. Provisions RMB 3000000 J;ycAF ~
Cr. Cash in Bank RMB 2500000 ! LCy:>i!d
Cr. Non-operating Income RMB 500000 {4*5Z[
Required: F~/~_9RJ
(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. mR~S$6cc
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: >M^:x-mib
(a)Inventory Turnover Rate in 20×8; Fb ~h{
(b)Gross Profit Ratio in 20×8; qp{~OW3
(c)After Tax Return on Total Assets in 20×8; and zXk^ugFy
(d)Current Ratio as at December 31, 20×8 h6?o)Q>N
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. JsEnhE}]
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 w$j6 !z
以下是未经审计财务报表的部分信息: SeuDJxqopD
(单位:千元) !Ej?9
LHo
项目 20×8 20×7 Oj8D+sC{
营业收入 64 000 48 000 Gn4XVzB`O
营业成本 54 000 42 000 `Om
W#\
净利润 30 -20 Zzmo7kFx3
(a"/cH
20×8年12月31日 20×7年12月31日 }{mS"
存货 16 000 12 000 Ym6v 4k!@O
流动资产 60 000 50 000 &3SmTg
%
总资产 100 000 90 000 z\YLO%Mm
流动负债 20 000 18 000 goND S5}
总负债 30 000 25 000 h@J3+u<
在审计过程中,约翰发现以下事项: I8|"h8\
(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: v1/Y0
借:银行存款5 820 000 ilZQ/hOBH
财务费用 180 000 ?5F;4oR2g
贷:应收票据6 000 000 93=?^
(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: r.c:QY$
借:营业外支出 3 000 000 [fY7|
贷:预计负债 3 000 000 -j1]H"-
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: @'y8* _
借:预计负债 3 000 000 ?1r<`o3l\
贷:银行存款 2 500 000 ( X+2vN
营业外收入 500 000 "~KTLf
要求: (EH}lh}%
(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。 3QF[@8EH{
(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: O\6gw$
(a)20×8年存货周转率 lq a~ZF*
(b)20×8年销售毛利率 uo;m
(c)20×8年总资产净利率 m -0EcA/
(d)20×8年12月31日的流动比率 bf.yA:~U
(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) OLV3.~T
【答案】 QZ[S,
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(1)应选择营业收入作为计算重要性水平的基础。 "p+JME(
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 x:h)\
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A`"?~_pHC
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 X&Sah}0V&
销售毛利率=(64000-54000)/64000×100%=15.63% (W }DMcuSd
总资产净利率=30/[(100000+90000)/2]=0.03% PDLps[a
流动比率=60000/20000=3 / %iS\R%ca
(3) '8FHn~F
a.应建议做如下审计调整分录: aj=-^iGG
借:应收票据 6 000 000 b|iIdDK
贷:短期借款 5 820 000 "<f?.l\+
财务费用 180 000 ZE1${QFkG
b.应建议做如下审计调整分录: :Ys
;)W+R
借:预计负债 3 000 000 ^ >
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贷:营业外支出 500 000 s#8T46?
其他应付款 2 500 000 D(WV
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