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)。 QS y=JC9
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: t{K1ht$[:
(Expressed in RMB thousands) mi3 yiR
FINANCLAL STATEMENTS ITEMS nK6{_Y>
20×8 j4Cad
20×7 |k+Y >I&
y_8 8I:O
Sales Zl.}J,0F
64000 4>>d
"<}C
48000 SVaC)O(
jQ_j#_Vle
Cost of sales 1NT@}j~/
54000 mg*[,_3q33
42000 (
_E<?
1<
;<?
Net profit }dE0WJcO
30 `hL16S
-20 B}YB%P_CWs
'zZN
]P
#tdI;x3
December 31, 20×8 +kQ$X{+;8
December 31, 20×7 h{kAsd8 G
m>? OjA!
Inventory KyNv)=x4c
16000 50Co/-)j
12000 *9((b;Ju
]Z@-r
Current assets N'!a{rF
60000 -}{c;pT
50000 /e6\F7
Y_)!U`>N?
Total assets ,Rk;*MEMJ
100000
u:3~Ius
90000 s7iguFQ
f 6Bx>lh
Current liabilities DnP>ed"M!
20000 J O`S
18000 {d(@o!;Fi
!iA0u
Total liabilities (5re'Pl
30000 iu2{%S)w
25000 %<
DXM`Y
kf>oZ
*/
'q8T*|/
During the audit, John has the following findings: <|~X,g;f
(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: [ K;3Qf)
Dr. Cash in Bank RMB 5820000 B_anO{3$4
Dr. Financial Expenses RMB 180000 l_y:IY$"
Cr. Notes Receivable RMB 6000000 S.aSNH<
(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: xg k~y,F
Dr. Non-operating Expenses RMB 3000000 a1_7plg
Cr. Provisions RMB 3000000 DDyeNuK
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ?k]^?7GN
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\V>Sj(
Dr. Provisions RMB 3000000 fa;\4#
Cr. Cash in Bank RMB 2500000 [*Nuw_l
Cr. Non-operating Income RMB 500000 Q-_&5/G
Required: \m~?mg"#
(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. r*fZS$e
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: nc!P
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(a)Inventory Turnover Rate in 20×8; De@GNN"-
(b)Gross Profit Ratio in 20×8; /\V
-1 7-
(c)After Tax Return on Total Assets in 20×8; and ^+^#KC8]W
(d)Current Ratio as at December 31, 20×8 Fx*iAH\e
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. [O>}%
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 1~Zmc1]
以下是未经审计财务报表的部分信息: 0qqk:h
(单位:千元) +hI:5(_
项目 20×8 20×7 w
xKlBx7
营业收入 64 000 48 000 A'HFpsa
营业成本 54 000 42 000 YD_hg#=n
净利润 30 -20 3,=97Si=
oW3j|V
20×8年12月31日 20×7年12月31日 _SC{nZ[
存货 16 000 12 000 :a
@_GIC
流动资产 60 000 50 000 GuPxN}n
5
总资产 100 000 90 000 eme7y
流动负债 20 000 18 000 _o/LFLq
总负债 30 000 25 000 (pN:ET B
在审计过程中,约翰发现以下事项: +Kw:z?
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: ]1hW/!
借:银行存款5 820 000 mD<- <]SYp
财务费用 180 000 vg[A/$gLM
贷:应收票据6 000 000 @k['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: M?l/_!QB
借:营业外支出 3 000 000 L&ucTc=
贷:预计负债 3 000 000 hkB/
OJ
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: v1h\
6r'
借:预计负债 3 000 000 u0 myB/`
贷:银行存款 2 500 000
A[:0?Ez=
营业外收入 500 000 viB'ul7o
要求: f1s3pr??
(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。 U:"X *
(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: OGW,[k=2{
(a)20×8年存货周转率 sG{f xha
(b)20×8年销售毛利率 Cw6\'p%l-\
(c)20×8年总资产净利率 -5vg"|ia,
(d)20×8年12月31日的流动比率 n-zAkKM
(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) Od_xH
【答案】 {\zTE1X9
(1)应选择营业收入作为计算重要性水平的基础。 mq
0 d ea
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 uH*moVw@5
\#Md3!MG
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 m31l[e
销售毛利率=(64000-54000)/64000×100%=15.63% QS7<7+
总资产净利率=30/[(100000+90000)/2]=0.03% FM$$0}X
流动比率=60000/20000=3 m1bkY#\ U|
(3) !r\u,l^
a.应建议做如下审计调整分录: W]Bc7JM]T+
借:应收票据 6 000 000 )oqNQ'yZ
贷:短期借款 5 820 000 6mp8v`b
财务费用 180 000 vH1IVF"DS
b.应建议做如下审计调整分录: 6Qtyv
借:预计负债 3 000 000 O2x bHn4
贷:营业外支出 500 000 tb$I8T
其他应付款 2 500 000 Sc b'