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)。 `uY77co6
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: b:oB $E
(Expressed in RMB thousands) JpN+'/
FINANCLAL STATEMENTS ITEMS .:E%cL
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20×8
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20×7 }k$2r3
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Sales #Fq6-]y1")
64000 Y}QtgZEt
48000 re:=fC:t5A
w!7Hl9BW
Cost of sales 4vF1
54000 ar }F^8Ku
42000 J#"@~Q+a`@
z^bv)u
Net profit a%cCR=s=
30 s"s^rC
-20 C0J/FFBQ ^
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h{#Hwp
December 31, 20×8 4@-
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December 31, 20×7 [5yLg
P`0}( '"U
Inventory v25]}9 /C
16000 qf-0 | w
12000
xj\!Sn2
K_;
'-B
Current assets d?)k<!fJk
60000 1%g%I8W%
50000 MF69n,(o
K?`Fpg(
Total assets [,J
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100000 D<%/:M
90000 Gf*|f"O
&?59{B.mD
Current liabilities z$C}V/Ey
20000 iEjUo,
Y[
18000 <
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ky R=U`OW
Total liabilities /r2*le (H
30000 u4hC/!
25000 3HCH-?U5
4E:kDl* @
{{N*/E^
During the audit, John has the following findings: },#@q_E
(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:
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Dr. Cash in Bank RMB 5820000 Ts)ox}rYVm
Dr. Financial Expenses RMB 180000 xQ~}9Kt\
Cr. Notes Receivable RMB 6000000 lfTDpKz3D
(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: D6z*J?3^#&
Dr. Non-operating Expenses RMB 3000000 Ry_"so w4
Cr. Provisions RMB 3000000 df9jT?l
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ,Kl6vw8Htg
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: 7UnB]- :.
Dr. Provisions RMB 3000000 *UxN~?N|
Cr. Cash in Bank RMB 2500000 wB%N}bi!
Cr. Non-operating Income RMB 500000 Cg#@JuwHa
Required: 4 s&9A/&pC
(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. V\|V1c
(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:
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(a)Inventory Turnover Rate in 20×8; $e#V^dph
(b)Gross Profit Ratio in 20×8; 7:Cq[u fl
(c)After Tax Return on Total Assets in 20×8; and ^VL",Nt
(d)Current Ratio as at December 31, 20×8 ip)gI&kN`z
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. a I^Z0[P+
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 U]Pl` =SL
以下是未经审计财务报表的部分信息: ~3'}^V\
(单位:千元) xQU
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项目 20×8 20×7 @T 5dPmn
营业收入 64 000 48 000 <36z,[,kZ@
营业成本 54 000 42 000 qL;u59
净利润 30 -20 vXI2u;=y
M?[~_0_J
20×8年12月31日 20×7年12月31日 rP
%B#%;S"
存货 16 000 12 000 3OZu v};k
流动资产 60 000 50 000 P[L] S7FTr
总资产 100 000 90 000 VV'*3/I
流动负债 20 000 18 000 ;:Kd?Tz$
总负债 30 000 25 000 SN<Dxa8Iy
在审计过程中,约翰发现以下事项: hAi`2GP.
(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: XSBh+)0Ww
借:银行存款5 820 000 Yt3+o<
财务费用 180 000 V(#z{!
贷:应收票据6 000 000 U
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(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: .).}ffhOL
借:营业外支出 3 000 000 7iijATc
贷:预计负债 3 000 000 7%`
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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: W`k||U9
借:预计负债 3 000 000 q{RH/. l
贷:银行存款 2 500 000 yH<a;@C
营业外收入 500 000 rfH'&k
要求: !8jr $
(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。 T*3>LY+bb
(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: n-)Xs;`2
(a)20×8年存货周转率 \""sf{S9
(b)20×8年销售毛利率 .5AyB9a%&
(c)20×8年总资产净利率 UB8TrYra
(d)20×8年12月31日的流动比率 \g;o9}@3~
(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) ud`!X#e~
【答案】 {3H)c^Q
(1)应选择营业收入作为计算重要性水平的基础。 &Cykw$s
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ,GVD.whUl
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ?7k%4~H t
销售毛利率=(64000-54000)/64000×100%=15.63% Ex`!C]sQ
总资产净利率=30/[(100000+90000)/2]=0.03% ibj3i7G?
流动比率=60000/20000=3 7#pu(:T$
(3) iVdY\+N!<
a.应建议做如下审计调整分录: aM6qYO!jA
借:应收票据 6 000 000 {9_}i#,vR
贷:短期借款 5 820 000 o?]N2e&(
财务费用 180 000 NW%u#MZ[h
b.应建议做如下审计调整分录: "tX=^4
借:预计负债 3 000 000 +3wVcL
贷:营业外支出 500 000 ~k[mowz0
其他应付款 2 500 000 kKlcK_b;