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)。 SF ^$p$mC
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: rCA0c8
(Expressed in RMB thousands) 889^P`Q5
FINANCLAL STATEMENTS ITEMS x%W~@_
20×8 m>!o
Yy_
20×7 $0~1;@`rQ6
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Sales ;uZeYY?
64000 ir|L@Jj,
48000 R.GDCGAL
7(o:J
Cost of sales 0/%RrE
54000 \"5p)(
42000 DD>n-8M@>
n-dC!t
Net profit `bLJwJ7
30 <<@F{B7h
-20 n%QWs1 b
Dj0D.}`~
e%7#e%1s
December 31, 20×8
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December 31, 20×7 &=In
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Inventory 7o7FW=^
16000 E 429<LQI/
12000 N~?#Qh|ZnU
YWk+}y}^d
Current assets j:^gmZ
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60000 Wk
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50000 PHH,vO[eO
br?pfs$U
Total assets {aU|BdATI
100000 52'6wwv6?
90000 9R[PpE''
'@^mesMG
Current liabilities @v\8+0
20000
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18000 19Mu}.+;
wkJ@#jD*[
Total liabilities *A0d0M]cg
30000 I &%
Z*H
25000 =&: |a$C
7eFFKl
D'UIxc8
During the audit, John has the following findings: m1sV~"v;
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: &IG*;$c!
Dr. Cash in Bank RMB 5820000 dTwYDV}:
Dr. Financial Expenses RMB 180000 4 *.
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Cr. Notes Receivable RMB 6000000 &hM7y7
(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: b
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Dr. Non-operating Expenses RMB 3000000 S++jwP
Cr. Provisions RMB 3000000 ' XOWSx;Y
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 m,rkKhXP
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: Dh68=F0
Dr. Provisions RMB 3000000 F84<='
K
Cr. Cash in Bank RMB 2500000 j:HIcCp
Cr. Non-operating Income RMB 500000 p y%:,hi
Required: xd+aO=)Td
(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. 4S* X=1
(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: 8 9maN
(a)Inventory Turnover Rate in 20×8; 8/"C0I (G
(b)Gross Profit Ratio in 20×8; q{xF7}i
(c)After Tax Return on Total Assets in 20×8; and `2M*?
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(d)Current Ratio as at December 31, 20×8 K}Q:L(SSr\
(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. b4(,ls
【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。 /:C<{m.[}
以下是未经审计财务报表的部分信息: Q-yNw0V}F
(单位:千元) 4Q,|7@
项目 20×8 20×7 1q|iw
营业收入 64 000 48 000 S>s+ nqcP
营业成本 54 000 42 000 g$JlpD&
净利润 30 -20 DjvPeX
qsYg
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20×8年12月31日 20×7年12月31日 ofs'xs1C
存货 16 000 12 000 tLP
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流动资产 60 000 50 000 }V 4u`=
总资产 100 000 90 000 1c*;Lr.K
流动负债 20 000 18 000 {r#uD5NJ/
总负债 30 000 25 000 ,@zw
在审计过程中,约翰发现以下事项: kR8,E 6Up
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 4K|O?MUNS
借:银行存款5 820 000 C4
-y%W"P
财务费用 180 000 z0|-OCmL
贷:应收票据6 000 000 R.YUU
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(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: &_\;p-1:
借:营业外支出 3 000 000 `4ti?^BNm
贷:预计负债 3 000 000 @yF>=5z:
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: DbYnd%k*4
借:预计负债 3 000 000 bicbCC6kC
贷:银行存款 2 500 000 R%`fd *g
营业外收入 500 000 6A ptq
要求: ^AoX|R[1%
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 \:2z!\iP`
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: @c).&7
(a)20×8年存货周转率 Th$xk9TK^@
(b)20×8年销售毛利率 >1` '5A}s
(c)20×8年总资产净利率 6lUC$B Y
(d)20×8年12月31日的流动比率 jrX`_Y
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) `r0lu_.$]4
【答案】 |fo#pwX
(1)应选择营业收入作为计算重要性水平的基础。 BQ B<+o'
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ;(Az
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 9I''$DVf
销售毛利率=(64000-54000)/64000×100%=15.63% xxld. j6
总资产净利率=30/[(100000+90000)/2]=0.03% A.~wgJDO
流动比率=60000/20000=3
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(3) gJ>#HEkMB
a.应建议做如下审计调整分录: 8EBd`kiq
借:应收票据 6 000 000 HmHM#~5(`
贷:短期借款 5 820 000 v4Kf{9q#
财务费用 180 000 Qkc9X0J!
b.应建议做如下审计调整分录: aq#F
借:预计负债 3 000 000 sH]T1z
贷:营业外支出 500 000 &}\{qFD;
其他应付款 2 500 000 t[MM=6|Wb