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)。 gA~Ih
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: l4R:_Z<
(Expressed in RMB thousands) @f*/V e0.
FINANCLAL STATEMENTS ITEMS rU.ew~
20×8 uO7Ti]H
20×7 3gv>AgG
|P5?0{
Sales VD36ce9
64000 bB)EJCPq>
48000 TrkoLJmB
mqq~&nI
Cost of sales x0Tb7y`
54000 m&2<?a}l
42000 nfrC@Av
F P
mLost
Net profit c/T]=S[
30 8{Zgvqbb
-20 4^AE;= Q
& r\z9!
c?<FMb3]
December 31, 20×8 2+"#
December 31, 20×7 !^l<jrM
qr<5z. %
Inventory aeH
9:GQ6
16000 O;qS3
12000 <F
GNV+?%e
'7xmj:.==
Current assets +(cs,?`\
60000 wk8XD(
&
50000 =H!u4
3ufUB^@4v
Total assets
Vs{|:L+
100000 RMLs(?e
90000 p_P'2mf
lW^RwNcd
Current liabilities n~K_|
20000 i/)Uj-*G)
18000 -fG;`N5U
mI"|^!L
Total liabilities EkOBI[`
30000 q'K=Ly+
25000 tgg*6lc
h7*fjw-Xz[
Eer rIV
During the audit, John has the following findings: =P0~=UP
(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: <5C3c&sds
Dr. Cash in Bank RMB 5820000 9O@eJ$
Dr. Financial Expenses RMB 180000 EVRg/{X
Cr. Notes Receivable RMB 6000000 ]'T-6
(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: T-|z18|!
Dr. Non-operating Expenses RMB 3000000 q1NAKcA<U
Cr. Provisions RMB 3000000 K[T?--H
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 \J9@p
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: Y}nE/bmx&9
Dr. Provisions RMB 3000000 ?N $
Cr. Cash in Bank RMB 2500000 `+]4C+w
Cr. Non-operating Income RMB 500000 5&+
qX
2b
Required: ";s?#c
(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. Zroj-3-X~
(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: g<}K^)x
(a)Inventory Turnover Rate in 20×8; nuKjp
Ap!
(b)Gross Profit Ratio in 20×8; t55
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(c)After Tax Return on Total Assets in 20×8; and c5]^jUB6
(d)Current Ratio as at December 31, 20×8 Et`z7Q*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. 1_GUi
【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。 9{xP~
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以下是未经审计财务报表的部分信息: XY0Gjo0
(单位:千元) ^
U:pv0Qz
项目 20×8 20×7 P) GBuW
营业收入 64 000 48 000 ic?6p
营业成本 54 000 42 000 =$Xdn'
净利润 30 -20 `4 w0*;k;
I&R4.;LW
20×8年12月31日 20×7年12月31日 N55;oj_K
存货 16 000 12 000 oDM}h
+
流动资产 60 000 50 000 vpOzF>O
总资产 100 000 90 000 vPS
H
流动负债 20 000 18 000 K.b-8NIUW
总负债 30 000 25 000 GaM#a[p
在审计过程中,约翰发现以下事项: p# O%<S@?
(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: GG%j+Ed
借:银行存款5 820 000 3xV
财务费用 180 000 Qmzj1e$6x
贷:应收票据6 000 000 (K^9$w]tf
(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: y\r8_rBo
借:营业外支出 3 000 000 ~i6tc
d
贷:预计负债 3 000 000 _YO`x
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: S-'iOJ1]
借:预计负债 3 000 000 3vNo D
贷:银行存款 2 500 000 V0ulIKck
营业外收入 500 000 M,q'
要求: ]W-:-.prh
(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。 xr)kHJ:v
(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: GwW!Q|tVz=
(a)20×8年存货周转率 &xrm;pO
(b)20×8年销售毛利率 }c%QF
(c)20×8年总资产净利率 r$R(4q:
(d)20×8年12月31日的流动比率 4vp,izNW
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) Dr, {V6^
【答案】 ^<[oKi;>
(1)应选择营业收入作为计算重要性水平的基础。 Hz%#&E
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 F}2U8O
J3y5R1?EP
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 jJ|u!a
销售毛利率=(64000-54000)/64000×100%=15.63% X: @nROL^7
总资产净利率=30/[(100000+90000)/2]=0.03% !-LPFy>
流动比率=60000/20000=3 U#d",s
(3) IWuR=I$t
a.应建议做如下审计调整分录: 5pE[}@-c9
借:应收票据 6 000 000 h^?[:XBeav
贷:短期借款 5 820 000 "2N3L8?k
财务费用 180 000 [$OD+@~A2
b.应建议做如下审计调整分录: >bEH&7+@_'
借:预计负债 3 000 000 3Ki`W!C
贷:营业外支出 500 000 cC&R~h]|
其他应付款 2 500 000 Uj1^?d+b