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)。 +Os9}uKf
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: 63c\1]YB.
(Expressed in RMB thousands) U
P*5M
FINANCLAL STATEMENTS ITEMS a=M/0N{!
20×8 '?d5L+9
20×7 6Tsi^((Li
YD] :3!MI
Sales n,`j~.l-=>
64000 2j=HxE
48000 r>J%Eu/O
!YX_k<1E
Cost of sales YtA<4XHU
54000 KU;J2Kt
42000 zh9B8r)C
CB`GiH/j
Net profit EOo,olklC
30 *z)+'D*+
-20 K k|mV&3J
CRu {Ie5B
{}"a_L&[;
December 31, 20×8 DtkOb,wY
December 31, 20×7
;Hn>Ew
CQH^VTQ
Inventory +<fT\Oq#
16000 ),5A&qT*
12000 AU<A\
Bs^p!4=
Current assets ko6[Ej:TBo
60000
.7> g8
50000 G!7A]s>C
-
d^c!Iu|
Total assets lfqsoIn;
100000 ,D\}DJ`)C
90000 A\|:hzu+
&0SgEUZr
Current liabilities jRhRw;
20000 gQuU_dbXSB
18000 F{laA YE
&_,.*tha
Total liabilities duoM>B>8]
30000 eOJ_L]y-
25000 h`4!Qv
M\r=i>(cu
oo]g=C$n
During the audit, John has the following findings: ek` 6 Uf
(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: $>hH{
Dr. Cash in Bank RMB 5820000 UH#S |o4
Dr. Financial Expenses RMB 180000 #=#bv`
Cr. Notes Receivable RMB 6000000 tD> qHR
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 6NGQU%Hd
Dr. Non-operating Expenses RMB 3000000 g|5cO3m0'
Cr. Provisions RMB 3000000 L 7l"*w(
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 k]S`A,~
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: f!J?n]
Dr. Provisions RMB 3000000 Xuj=V?5
Cr. Cash in Bank RMB 2500000 sq+cF/jo6
Cr. Non-operating Income RMB 500000 U%KsD 4B
Required: O;m [
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. 9XX:_9|I
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 4v.i!U#
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(a)Inventory Turnover Rate in 20×8; (} Y|^uM,
(b)Gross Profit Ratio in 20×8; DiSU\?N2'
(c)After Tax Return on Total Assets in 20×8; and j4$NQ]e^4
(d)Current Ratio as at December 31, 20×8 7A{,)Y/w ^
(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. fT5vO.a
【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。 vUB*Qm]Y\
以下是未经审计财务报表的部分信息: *OHaqe(*
(单位:千元) ,{BF`5bn|
项目 20×8 20×7 a6hDw'8!
营业收入 64 000 48 000 J1Oe`my
营业成本 54 000 42 000 "
l >tFa
净利润 30 -20 hlFvm$P`M
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20×8年12月31日 20×7年12月31日 F,@uYMQs
存货 16 000 12 000 ?F9c6 $|
流动资产 60 000 50 000 N`+@_.iBX
总资产 100 000 90 000 7$"n.cr
:
流动负债 20 000 18 000 #fq&yjl#A
总负债 30 000 25 000 Sb?HRoe_
在审计过程中,约翰发现以下事项: z W*Z
(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: ef:YYt{|q
借:银行存款5 820 000 \6vr)1~N>
财务费用 180 000 N9=?IFEe]
贷:应收票据6 000 000 4AYW'j C
(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+J1S]Fs
借:营业外支出 3 000 000 `$ZBIe/u
贷:预计负债 3 000 000 eV(
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: i:x<Vi
借:预计负债 3 000 000 5N$O
贷:银行存款 2 500 000 Z!I#Z2X
营业外收入 500 000 \{a 64
要求: d ZxrIWx
(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。 ML:H\
(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 }W
nvz;]B
(b)20×8年销售毛利率 8Wx7%@^O
(c)20×8年总资产净利率 `bjPOA(g
(d)20×8年12月31日的流动比率 [wM
]w
(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) ;bkvdn
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【答案】 lj@ibA]
(1)应选择营业收入作为计算重要性水平的基础。 d1u6*&@lf
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 R&MetQ~-{
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 u9
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销售毛利率=(64000-54000)/64000×100%=15.63% YeVkX{y
总资产净利率=30/[(100000+90000)/2]=0.03% EOG&Xa
流动比率=60000/20000=3 LteZ7e
(3) rl:D>t(:.
a.应建议做如下审计调整分录: hGj`IAW
借:应收票据 6 000 000 !Er)|YP
贷:短期借款 5 820 000 #>O+!IH
财务费用 180 000 nOq`Cwh9
b.应建议做如下审计调整分录: KWH:tFL.
借:预计负债 3 000 000 7o$S6Y;c4
贷:营业外支出 500 000 #N
Qx(C
其他应付款 2 500 000 hus k\