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)。 ~Ro9up
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: /X(t1 +
(Expressed in RMB thousands) V7[zAq
FINANCLAL STATEMENTS ITEMS .ir<s>YM
20×8 qT"Q1xU[
20×7 IOoz^/'
m&\h4$[kql
Sales }i`PGx
64000 gu<'QV"
48000 bQP{|
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Cost of sales iz?tu: \v&
54000 jhu&&==\f
42000 H(2]7dRS%
8J~1-;
Net profit H5]^
6
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30 ?jt}*q>X]
-20 $Y_i4(
D]W$?(=4
9^Whg~{
December 31, 20×8 )m{Ye0!RD
December 31, 20×7 {h2TD
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Inventory I_%a{$Gjl
16000 [],1lRYI9_
12000 0=q;@OIf
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Current assets ,FMx5$
60000 E)7F\ w
50000 ;VNMD 6H
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Total assets
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100000 oY|,GvCnK
90000 P=+nB*hG
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Current liabilities n;p:=\uN
20000 *B\H-lp?
18000
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qYf |Gv
Total liabilities N,
*m ,
30000 <b?!jV7
25000 -,aeM~
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d-.M
mVsIAC$}8
During the audit, John has the following findings: |*Yf.-
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 1>Dl\czn
Dr. Cash in Bank RMB 5820000 =rQP[ICs!
Dr. Financial Expenses RMB 180000 EVUq--)~
Cr. Notes Receivable RMB 6000000 8kt5KnD2
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: pD2<fP_
Dr. Non-operating Expenses RMB 3000000 ;k86"W
Cr. Provisions RMB 3000000 aJe^Tp(
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Y<b-9ai<w
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: wHv]ViNvXE
Dr. Provisions RMB 3000000 \U?n+6 7g
Cr. Cash in Bank RMB 2500000 ZBG}3Z
Cr. Non-operating Income RMB 500000 ]cC[-F[
Required: !W'Ui
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(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. pdb1GDl0q
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: -l-E_6|/W
(a)Inventory Turnover Rate in 20×8; /?6|&
(b)Gross Profit Ratio in 20×8; N+)?$[
(c)After Tax Return on Total Assets in 20×8; and Rek
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(d)Current Ratio as at December 31, 20×8 H
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(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. J.+BD\pa
【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。 c$,_>tcP
以下是未经审计财务报表的部分信息: !.<T"8BUpv
(单位:千元) j ! NO|&k
项目 20×8 20×7 @[?!s%*2
营业收入 64 000 48 000 xwZ8D<e-,
营业成本 54 000 42 000 Ei3zBS?J)
净利润 30 -20 W Qzj[
";w}3+R
20×8年12月31日 20×7年12月31日 \mN[gT}LHm
存货 16 000 12 000 LsGiu9~S
流动资产 60 000 50 000 M4L
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总资产 100 000 90 000 }Y1>(
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流动负债 20 000 18 000 RF!1oZ
总负债 30 000 25 000 W"xP(7X
在审计过程中,约翰发现以下事项: ^D_/=4rz8
(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: Ld,5iBiO:
借:银行存款5 820 000 }2r+%V&4
财务费用 180 000 geefnb
贷:应收票据6 000 000 xg{HQQ|TC
(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: -(JU
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借:营业外支出 3 000 000 '7B"(dA&C
贷:预计负债 3 000 000 tNmy&
nsA
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: mN5
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借:预计负债 3 000 000 hsG#6?l3
贷:银行存款 2 500 000 )W&>[B
营业外收入 500 000 kDYN>``biP
要求: MuEy>dl
(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。 .`Zf}[5[
(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: 8Chu"PM%-J
(a)20×8年存货周转率 V5GkP1L
(b)20×8年销售毛利率 $\Tkhq<
(c)20×8年总资产净利率 /WnE:3G
(d)20×8年12月31日的流动比率 ;}.Kb
(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) y466A]|
【答案】 F[7x*-NO-
(1)应选择营业收入作为计算重要性水平的基础。 y9;#1:ic
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 VzR
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 :PnSQjV:
销售毛利率=(64000-54000)/64000×100%=15.63% 3|@t%K
总资产净利率=30/[(100000+90000)/2]=0.03% +MO E
流动比率=60000/20000=3 8xI`jE"1
(3) ,
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a.应建议做如下审计调整分录: }Ewo_P&`
借:应收票据 6 000 000 )3z]f2
贷:短期借款 5 820 000 OalP1Gy
财务费用 180 000 )3muPMaY
b.应建议做如下审计调整分录: {rkn q_;0
借:预计负债 3 000 000 4W\,y_Q o
贷:营业外支出 500 000 mKg@W;0ML
其他应付款 2 500 000 R/<=mZ