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)。 Zrr5csE
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: m"jV}@agX
(Expressed in RMB thousands) +d!v}aJ
FINANCLAL STATEMENTS ITEMS Za8#$`zq
20×8 J8)#PY[i4
20×7 z0*_^MH
e=;AfK
Sales q)vplV1A
64000 Nn"+w|v[ev
48000 {aJJ`t
e-*.Ca
Cost of sales X>.
NFB
54000 ;cz|ss=
42000 YH_7=0EJ
mL`5 uf
Net profit 70mpSD3
30 nn9wdt@.]
-20 adi[-L#
Y.U[wL>
+_xOLiu
December 31, 20×8 !o+_T?
December 31, 20×7 ${nX:!)
BC;:
Inventory z)=+ F]
16000 <rL/B
k
12000 01. &>Duw
g{9+O7q
Current assets 3^~KB'RZ
60000 Io|Aj
50000 qTo-pAG`
dVo.Czyd
Total assets p6XtTx
100000 JiU9CeD3
90000 { F}; n?'
!\;FNu8_.
Current liabilities ?EK?b
s
20000 m&iH2
|
18000 ^F"iP7
?k|H3;\
Total liabilities la?Wnw
30000 -tI'3oT1
25000 d/e|'MPX
5pRV3K{H
PeE/iZ.
During the audit, John has the following findings: ~w;]c_{.b
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: %
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Dr. Cash in Bank RMB 5820000 \yGsr Bl
Dr. Financial Expenses RMB 180000 okFvn;
Cr. Notes Receivable RMB 6000000 >xn}N6Rj2~
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: r]Ff{la5
Dr. Non-operating Expenses RMB 3000000 2',w[I
Cr. Provisions RMB 3000000 ?kz+R'
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 79yd&5#e?
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: z5X~3s\dP
Dr. Provisions RMB 3000000 q;wLa#4)J
Cr. Cash in Bank RMB 2500000 ^+9sG$T_EV
Cr. Non-operating Income RMB 500000 ,mL
!
(US
Required: 34R!x6W0
(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. }O4se"xK
(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: ZB[Qs
(a)Inventory Turnover Rate in 20×8; +EM_TTf4
(b)Gross Profit Ratio in 20×8; oo$MWN8a>r
(c)After Tax Return on Total Assets in 20×8; and W Qc>
(d)Current Ratio as at December 31, 20×8 LR,7,DH$9'
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. |J~eLh[d
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 0G2g4DSKD
以下是未经审计财务报表的部分信息: 45H!;Qsk
(单位:千元) nD2,!71
项目 20×8 20×7 ^:jN3@Q%
营业收入 64 000 48 000 Q9`QL3LQD
营业成本 54 000 42 000 {A o,t+j
净利润 30 -20 1lnU77;
B,(Heg
20×8年12月31日 20×7年12月31日 @E53JKYhY
存货 16 000 12 000 S-nlr@w8
流动资产 60 000 50 000 *AIEl"29
总资产 100 000 90 000 Bz`yfl2
流动负债 20 000 18 000 47T}0q,
总负债 30 000 25 000 g+C!kaC)
在审计过程中,约翰发现以下事项: \ M/6m^zS
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ,s^<X85gp\
借:银行存款5 820 000 }p9F#gr
财务费用 180 000 OlQ,Ce
贷:应收票据6 000 000 7a$G@
(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: {hO`6mr&t
借:营业外支出 3 000 000 +tN&a
贷:预计负债 3 000 000
r
CRgzC
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: B )JM%r
借:预计负债 3 000 000 AP\ofLmq
贷:银行存款 2 500 000 H_IGFZ Ch
营业外收入 500 000 0%;146.p
要求: |k{-l!HI
(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。 (HN4g;{
(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: kDz>r
#%
(a)20×8年存货周转率 ]^\8U2q}
(b)20×8年销售毛利率
dy>|cj
(c)20×8年总资产净利率 "MiD8wX-
(d)20×8年12月31日的流动比率 :<~7y.*O{
(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)
$YG1z
【答案】 &VWlt2-R0h
(1)应选择营业收入作为计算重要性水平的基础。 >LF&EM]
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 fj'jNE
|H ;+1
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ^`qPs/b
销售毛利率=(64000-54000)/64000×100%=15.63% `$z)$VuP
总资产净利率=30/[(100000+90000)/2]=0.03% $'[q4 wo<
流动比率=60000/20000=3 ,c
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(3)
c~dM`2J,
a.应建议做如下审计调整分录: wX'}4Z=C~
借:应收票据 6 000 000 1:= `Y@.S
贷:短期借款 5 820 000 " B@jfa%
财务费用 180 000 } IlP:
b.应建议做如下审计调整分录: \T-~JQVj
借:预计负债 3 000 000 r[Zq3
贷:营业外支出 500 000 3LlU]
其他应付款 2 500 000 chAan~r[*