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)。 K3C <{#r
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: xno\s.H%]
(Expressed in RMB thousands) }Z>)DN=+
FINANCLAL STATEMENTS ITEMS nN;u,}e
20×8 reVgqYp{{-
20×7 }]TxlSp!;
1YA% -~
Sales @HW*09TG
64000 6@f-Glwg
48000 E`q_bn
2c}E(8e]
Cost of sales ^Cmyx3O^
54000 $>gFf}#C
42000 zDp 2g)
a.'*G6~Qgw
Net profit )0MB9RMk1
30 0x7'^Z>-oe
-20 dx]>(e@(t{
^8tEach
`/g
UV
December 31, 20×8 ^aQ"E9
December 31, 20×7 @x1-!
~z#
R+| h w;
Inventory PFR:>^wK2
16000 v=k$A
12000 mmsPLv6
]4{H+rw
Current assets l0]
EX>"E
60000 iE{&*.q_}>
50000 B *vM0
hph4 `{T
Total assets A
>$I
-T+
100000 M2|is ~
90000 tgaO!{9I?
Qd6F H2Pl
Current liabilities %SI'BJ
20000 bcR_E5x$
18000
HDKbF/
ddo#P%sH'
Total liabilities 8Y3I0S
30000 h~26W
Lf.
25000 1}37Q&2
"j-CZ\]U|
C?Ucu]cW
During the audit, John has the following findings: &{RDM~
(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: 2%>FR4a
Dr. Cash in Bank RMB 5820000 /> Nt[o[r
Dr. Financial Expenses RMB 180000 *kVV+H<X|b
Cr. Notes Receivable RMB 6000000 &R siVBA
(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: m4& /s
Dr. Non-operating Expenses RMB 3000000 2(nlJ7R
Cr. Provisions RMB 3000000 PX99uWx5]
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 9Ee'Cm
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: vj*%Q(E6Pt
Dr. Provisions RMB 3000000 TKjFp%
Cr. Cash in Bank RMB 2500000 BC]?0 U
Cr. Non-operating Income RMB 500000 m3ff;,
Required: 4sM.C9W
(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. }i2V.tVB-
(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: fQ98(+6
(a)Inventory Turnover Rate in 20×8; H:G1BZjq
(b)Gross Profit Ratio in 20×8; ,
dp0;nkr
(c)After Tax Return on Total Assets in 20×8; and )jC%a6G!
(d)Current Ratio as at December 31, 20×8 X@f}Q`{Ymj
(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. GF
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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。 y?0nI<}}HK
以下是未经审计财务报表的部分信息: b[7]F
(单位:千元) _~pbqa,
项目 20×8 20×7 b6 M
营业收入 64 000 48 000 6^Sa;
营业成本 54 000 42 000 X?$_Sd"G+5
净利润 30 -20 T>GM%^h,7-
4fzZ;2sl}
20×8年12月31日 20×7年12月31日 T)})
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存货 16 000 12 000 y==CTY@
流动资产 60 000 50 000 |)81Lz
总资产 100 000 90 000 'RRE|L,
流动负债 20 000 18 000 L-\GHu~)
总负债 30 000 25 000 +"6`q;p
3)
在审计过程中,约翰发现以下事项: rbpSg7}Q
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: `XB
9Mi=
借:银行存款5 820 000 cAc@n6[`3
财务费用 180 000 d| {r5[&
贷:应收票据6 000 000 03(4 x'z
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: '\GbmD^F
借:营业外支出 3 000 000 gNhQD*+>{
贷:预计负债 3 000 000 :yjFQ9^?&
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: * 4Izy14e
借:预计负债 3 000 000 d/Q%IeEL.
贷:银行存款 2 500 000 `@
FYkH
营业外收入 500 000 "vsl
Z`RU
要求: )Wox Mmz
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 +{UcspqM
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: "Pf~iwfw
(a)20×8年存货周转率 B]$GSEB
(b)20×8年销售毛利率 Gbw2E&a