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)。 7aQc=^vaZ
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: no9;<]4
(Expressed in RMB thousands) \<y#R~7s
FINANCLAL STATEMENTS ITEMS ).sRv6/c
20×8 to=y#$_
20×7 (?(zH3
OeS\7
Sales + EGD.S{
64000 k=4N.*#`y
48000 /o
R<A
o'f?YZ$.
Cost of sales }}>q2y
54000 RH O( ?8"_
42000 [`c^4E
jN6uT&{T
Net profit S/ODqL|
30 :F{:Z*Fi0
-20 .2v_H5<
EB2!Hp uQ3
* Of4o
December 31, 20×8 83
Q4On
December 31, 20×7 /$'AjIg4:&
G}:lzOlM
H
Inventory R)RG[F#
16000 Vc2A
12000 *22nVKi{
7zSLAHW
Current assets 2gq9k}38
60000 sU@nc!&Y@
50000 f v9V7
\0vr>C
Total assets Htgx`N|
100000 ,kF}lo)
90000 nAjO6g6E
Y!gCMLL
Current liabilities
.5y+fL
20000 h >s!K9
18000 \3S8 62B7
}9W4"e 2)
Total liabilities fvF?{k> ~}
30000 HLZ;8/|48m
25000 aW`Lec{.
Gq }U|Z
; o0&`b?
During the audit, John has the following findings: $}jssnoU
(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: p~,]*y:XT
Dr. Cash in Bank RMB 5820000 K3x.RQQ-
Dr. Financial Expenses RMB 180000 Ndcg/d
Cr. Notes Receivable RMB 6000000 @ vrV*!
(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: }0X:F`Y-
Dr. Non-operating Expenses RMB 3000000 "t_-f7fS7
Cr. Provisions RMB 3000000 ?)1{)Erf8x
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Yo("U8:XX
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: :"
IE
Dr. Provisions RMB 3000000 yRfSJbzaf\
Cr. Cash in Bank RMB 2500000 mM-8+H?~b
Cr. Non-operating Income RMB 500000 1PP $XJtyD
Required: )_i
qAqkS
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. HAJ 7m!P
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: /O^RF }
(a)Inventory Turnover Rate in 20×8; 2g>SHS@1>
(b)Gross Profit Ratio in 20×8; qycI(5S,
(c)After Tax Return on Total Assets in 20×8; and Hqn#yInA7~
(d)Current Ratio as at December 31, 20×8 /gu%:vq
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. LM-J !44
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 +[tE ^`-F
以下是未经审计财务报表的部分信息: [.S#rGYk
(单位:千元) -OA?BEQ=I
项目 20×8 20×7 .b-f9qc=
营业收入 64 000 48 000 A0q|J/T
营业成本 54 000 42 000 %ve:hym*
净利润 30 -20 JMz;BAHT
Gmq/3tw
20×8年12月31日 20×7年12月31日 JZD[N Z<
存货 16 000 12 000 \&i P`v`K
流动资产 60 000 50 000
eQD)$d_5
总资产 100 000 90 000 =IW?WIXk
流动负债 20 000 18 000 v(-{=
*':
总负债 30 000 25 000 +{W>i; U
在审计过程中,约翰发现以下事项: d~:!#uWyFk
(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: eL\;Nf+Zp
借:银行存款5 820 000 yLdVd
P
财务费用 180 000 kLni{IYN7
贷:应收票据6 000 000 I9mvte
(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: Wr3m
QU
借:营业外支出 3 000 000 N.]qU d
贷:预计负债 3 000 000 ]):<ZsT
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: }`v~I4i
借:预计负债 3 000 000 |*'cF-lp6v
贷:银行存款 2 500 000 j
S?xk
营业外收入 500 000 R@6zG
Z1
要求: 0\@dYPa&C
(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。 O Vko+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: Mc%Nf$XQ
(a)20×8年存货周转率 mysetv&5
(b)20×8年销售毛利率 {6c2{@
(c)20×8年总资产净利率 (
|PAx(
(d)20×8年12月31日的流动比率 'iGzkf}j
(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) Pp`*]Ib
【答案】 #z2rzM@/:
(1)应选择营业收入作为计算重要性水平的基础。 CFqJ/''
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 %d>=+Ds[
bX*Hi#J~A
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 C0
/g1;p(
销售毛利率=(64000-54000)/64000×100%=15.63% ALNc
'MW!
总资产净利率=30/[(100000+90000)/2]=0.03% L2pp6bW
流动比率=60000/20000=3 c=L2%XPP
(3) C_n9T{k
a.应建议做如下审计调整分录: q|v(Edt|_[
借:应收票据 6 000 000 @1 U&UH
贷:短期借款 5 820 000 T:IW%?M
财务费用 180 000 z(fAnn
T?
b.应建议做如下审计调整分录: 3v
mjCm
借:预计负债 3 000 000 E7CH^]x
贷:营业外支出 500 000 :L1dyVA{
其他应付款 2 500 000 (q4),y<:[