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)。 e<'U8|}hc{
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: =mJF_Ri
(Expressed in RMB thousands) 3@X|Gs'_S
FINANCLAL STATEMENTS ITEMS p#b{xK
20×8 ^"`Z1)V
20×7 sM9-0A
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Sales jI#z/a!j:
64000 Orc>.~+f%A
48000 m9g^ -X
Bi_J5 If
Cost of sales -eYL*Pa
54000 )b (X
42000 J_/05(48
1OPfRDn.bk
Net profit Ge9}8
30 0(vdkC4\A
-20 8XkI
k7
Et0&E
i -V0Lm/
December 31, 20×8 !ZA}b[
December 31, 20×7 'X ~Ab
q5gP~*?
Inventory 6+#,=!hF{
16000 3It8&x:
12000 SW-0h4
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Current assets |bvGYsn_#=
60000 /^QFqM;
50000 &u4Ve8#
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Total assets DsG !S*
100000 [R$liN99z;
90000 2E([#Pzb
T@>63
Current liabilities k
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20000 ,m"l\jP
18000 4=
$!_,.
SJF 2k[da
Total liabilities k#-[ M.i
30000
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25000 $WM8tF?H
}(rzH}X@
W-!dMa
During the audit, John has the following findings: t.u{.P\Md\
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: zPA>af~Ej
Dr. Cash in Bank RMB 5820000 `v<f}
Dr. Financial Expenses RMB 180000 3_@G{O)e
Cr. Notes Receivable RMB 6000000 _BCT.ual
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: PKATw>zg<
Dr. Non-operating Expenses RMB 3000000 n_ OUWvs
Cr. Provisions RMB 3000000 1dXh\r_n
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 RDJ82{
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: "9.6\Y\*
Dr. Provisions RMB 3000000 fV v$K&
Cr. Cash in Bank RMB 2500000 7~ILRj5Nq
Cr. Non-operating Income RMB 500000 gFgcxe6
Required: 00R%
(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. q
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(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: 6l=M;B7:i
(a)Inventory Turnover Rate in 20×8; :
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(b)Gross Profit Ratio in 20×8; MQ
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(c)After Tax Return on Total Assets in 20×8; and Vc{/o=1u
(d)Current Ratio as at December 31, 20×8 mrX}\p
(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^N%;d1%E
【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。 8g&uE*7N
以下是未经审计财务报表的部分信息: l'P[5'.
(单位:千元) s')!<E+z\t
项目 20×8 20×7 #NSaY+V
营业收入 64 000 48 000 p3i
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营业成本 54 000 42 000 P2s^=J0
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净利润 30 -20 }P7xdQ6
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20×8年12月31日 20×7年12月31日 (%=lq#,
存货 16 000 12 000 )G
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流动资产 60 000 50 000 u_$6LEp-
总资产 100 000 90 000 "Vs
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流动负债 20 000 18 000 >0[qi1
总负债 30 000 25 000 ^2P;CAjj-
在审计过程中,约翰发现以下事项: P1vF{e
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: u9da]*\7y
借:银行存款5 820 000 47$-5k30
财务费用 180 000 a2IV!0x
贷:应收票据6 000 000 JB: mbH
(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: GhaAvyN
借:营业外支出 3 000 000 ZzwZ,(
贷:预计负债 3 000 000
3RG/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: Z.Lx^h+U
借:预计负债 3 000 000 V1AEjh
贷:银行存款 2 500 000 D
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营业外收入 500 000 E9
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要求: \q>e1-
(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。 t2`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: P<g|y4h
(a)20×8年存货周转率 \Mh4X`<e
(b)20×8年销售毛利率 ,(5dQ` hA0
(c)20×8年总资产净利率 s7X~OF(#
(d)20×8年12月31日的流动比率 CgaB) `.
(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) H znI R
【答案】 `-E.n'+
(1)应选择营业收入作为计算重要性水平的基础。 /61ag9pN
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ueS[sN!
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 =[O<.'aG-
销售毛利率=(64000-54000)/64000×100%=15.63% ACMpm~C8Gu
总资产净利率=30/[(100000+90000)/2]=0.03% "Hsq<oV8
流动比率=60000/20000=3 d60Fi#3d
(3) fM
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a.应建议做如下审计调整分录: C=pPI
借:应收票据 6 000 000 ph5xW<VNP
贷:短期借款 5 820 000 P+D|_3j
财务费用 180 000 +"fM &F]
b.应建议做如下审计调整分录: Ve')LY<
借:预计负债 3 000 000 tleK(^
贷:营业外支出 500 000 <y b=!
其他应付款 2 500 000 .LhbhUEfn