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)。 PT2;%=f
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: l1 Kv`v\
(Expressed in RMB thousands) z?\it(
FINANCLAL STATEMENTS ITEMS `3F#k[IR
20×8 3%+~"4&
20×7 L[Vk 6e
[
h3xW
Sales b)I-do+
64000 n)kbQ]
48000 ~</FF'Xz
p/<DR|
Cost of sales n4kq=Z%
54000 yiZtG#6K{
42000 bp?5GU&Uy
yl-:9|LT
Net profit Q~U\f$N
30 '|IcL1c=I
-20 I`0-q?l
uxf,95<g)
E@SFK=`
December 31, 20×8 1tNL)x"w
December 31, 20×7 >_?i)%+)
OBAO(Ke
Inventory %l7[eZ{Y
16000 |R9Lben',
12000 *2zp>(%
MLWHO$C~T
Current assets @N Yl4N
60000 ~qghw@Q~
50000 8TP$ ?8l
z)3TB
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Total assets x4^nT=?6_
100000 6|jZv~rS$
90000 /w?e(v<
\(\a=
Current liabilities cZh0\DyU
20000 !J7`frv"(
18000 qi,) l*?f
~tp]a]yV
Total liabilities dOeM0_o
30000 4eHSAN
"$
25000 P=n_wE
]M5~p^ RB
?Y~t{5NJR
During the audit, John has the following findings: [bh?p+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: xOTvrX
Dr. Cash in Bank RMB 5820000 RCR= W6
Dr. Financial Expenses RMB 180000 v+nXKNL
Cr. Notes Receivable RMB 6000000 k+h}HCzE
(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: 64/ZfXD
Dr. Non-operating Expenses RMB 3000000 D^[l~K
Cr. Provisions RMB 3000000 81Kf X {|
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Ugri _
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: SxRJ{m~
Dr. Provisions RMB 3000000 &BPYlfB1
Cr. Cash in Bank RMB 2500000 Cf[tNq
Cr. Non-operating Income RMB 500000 c]9gf\WW
Required: |A3"Jc.2o
(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. ,t`V^(PEq
(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: Jh\KVmfXN
(a)Inventory Turnover Rate in 20×8; `yfZ{<
(b)Gross Profit Ratio in 20×8; xTAfVN
(c)After Tax Return on Total Assets in 20×8; and wsQnjT>
(d)Current Ratio as at December 31, 20×8 D:@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. u nv:sV#b
【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。 g6Vkns4
以下是未经审计财务报表的部分信息: \ja6g
(单位:千元) R{@saa5I(>
项目 20×8 20×7 B[uyr)$
营业收入 64 000 48 000 >#G%2Vp
营业成本 54 000 42 000 lM\dK)p21O
净利润 30 -20 ^OY$
W
V(&L
20×8年12月31日 20×7年12月31日 E/:U,u{
存货 16 000 12 000 b
bC@
流动资产 60 000 50 000 8&@=Anc&q
总资产 100 000 90 000 CF;Gy L1M
流动负债 20 000 18 000 |nQfgl=V
总负债 30 000 25 000 nd'D0<%
在审计过程中,约翰发现以下事项: M1Q&)am
(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: ]ae(t`\l^
借:银行存款5 820 000 e4YfJd
财务费用 180 000 tb&?BCp
贷:应收票据6 000 000 Al
yJ!f"Y
(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: pf8'xdExH)
借:营业外支出 3 000 000 Gld~GyB\k
贷:预计负债 3 000 000 ,Q"'q0hM=
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: \Tz|COG5h\
借:预计负债 3 000 000 }_lG2#Ll5
贷:银行存款 2 500 000 p\[!=ZXFr\
营业外收入 500 000 d*6f,z2=
要求: V>Jr4z
(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。 uc,>VzdB
(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: ?T/4
=
(a)20×8年存货周转率 Y(,RJ&7
(b)20×8年销售毛利率 ?nc:bC
(c)20×8年总资产净利率 !td!">r46e
(d)20×8年12月31日的流动比率 gvc@q`_]
(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) NO*,}aeG
【答案】 8#QT[H
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(1)应选择营业收入作为计算重要性水平的基础。 EE'2<"M
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 kQ=bd{a6
C1-U2@
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 <J^5l0)q
销售毛利率=(64000-54000)/64000×100%=15.63% NCk-[I?R
总资产净利率=30/[(100000+90000)/2]=0.03% ranem0KQ)]
流动比率=60000/20000=3 ["nWIs[h
(3) Pim
a.应建议做如下审计调整分录: ^y>V-R/N
借:应收票据 6 000 000 C@-Hm
贷:短期借款 5 820 000 j}Tv/O,f
财务费用 180 000 G!FdTvx$
b.应建议做如下审计调整分录: QbdXt%gZe
借:预计负债 3 000 000 ~|KqG
贷:营业外支出 500 000 >)K3
其他应付款 2 500 000 P"7` :a