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)。 Lr^xp,_ n
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: v Y\O=TZT
(Expressed in RMB thousands) ]UI+6}r
FINANCLAL STATEMENTS ITEMS 2mO#vTX4
20×8 Q. XsY.{
20×7 %8tN$8P
[E^X=+Jnz
Sales 2%8Y-o?
64000 +,[3a%c)H
48000 q+z\Y?
</Id';|v
Cost of sales 8.^U6xA
54000 qIT{` hX
42000 p^:Lj 9Qax
9H}&Ri%
Net profit ^;3rdBprm
30 -FR ;:
-20 ##_Za6/n
##@#:B
]*@$%iCPE
December 31, 20×8 *N r|G61
December 31, 20×7 ZX;k*OrW
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Inventory $ddYH
16000 hN53= X:
12000 >>cd3)b
T/;hIX:R
Current assets @qDrTH]5
60000 lnWiE}F
50000 -],
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gL"}5 3A
Total assets #}(Df&
100000 weV#%6=5\
90000 55LF
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Current liabilities 4Jr[8P0/A9
20000 m#$za7
18000 cmU+VZ#pk
emB D@r
Total liabilities O`jA-t
30000 (VAL.v*
25000 ~ p.W*skD
6a7iLQA
bMZn7c
During the audit, John has the following findings: 2P_^@g
(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: Z{4a
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Dr. Cash in Bank RMB 5820000 'F?Znd2L
Dr. Financial Expenses RMB 180000 '?gIcWM
Cr. Notes Receivable RMB 6000000 r)]CZ])
(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: K=?F3tX^
Dr. Non-operating Expenses RMB 3000000 nj0AO0
Cr. Provisions RMB 3000000 }l?_Cfvu
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 J<#`IaV
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*+0j2uhQ
Dr. Provisions RMB 3000000 fsc~$^.~\
Cr. Cash in Bank RMB 2500000 .0E4c8R\X
Cr. Non-operating Income RMB 500000 /_OZ1jX
Required: d 4\E
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. NND=Zxl
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ,(2
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(a)Inventory Turnover Rate in 20×8; j4xr1y3^
(b)Gross Profit Ratio in 20×8; s|j<b#<xQ
(c)After Tax Return on Total Assets in 20×8; and fEG3b#t N
(d)Current Ratio as at December 31, 20×8 H\+c'$
(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. [F)/mN
【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。 0#fG4D_
以下是未经审计财务报表的部分信息: O;e8ft
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(单位:千元) ^=
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项目 20×8 20×7 FgQ_a/*
营业收入 64 000 48 000 ObyuhAR
营业成本 54 000 42 000 XVDd1#h
净利润 30 -20 "]s|D@^4#b
n~ >h4=h
20×8年12月31日 20×7年12月31日 kad;Wa#h
存货 16 000 12 000 L^Q+Q)zTh
流动资产 60 000 50 000 d6@jEa-
总资产 100 000 90 000 :n4:@L<%H
流动负债 20 000 18 000 bjPbl2K
总负债 30 000 25 000 Rs F3#H
在审计过程中,约翰发现以下事项: *Iwk47J ;a
(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: ;IuK2iDt<
借:银行存款5 820 000 EdAR<VfleA
财务费用 180 000 4%fN\f
贷:应收票据6 000 000 aDl,
K;GL
(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: Q P=[ Vw
借:营业外支出 3 000 000 2WPF{y%/
贷:预计负债 3 000 000 8f,'p}@!d
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: B>|U-[A
借:预计负债 3 000 000 Vo 6y8@\
贷:银行存款 2 500 000 |aS~"lImh
营业外收入 500 000 [%84L@:h
要求: ~0F9x9V
(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。 N+s?ZE*
(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: B221}t
(a)20×8年存货周转率 ~1=.?Ho
(b)20×8年销售毛利率 :q>oD-b$}
(c)20×8年总资产净利率 U +*
oI *
(d)20×8年12月31日的流动比率 "37@Zt
(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) YQ@dl
【答案】 P~\a)Szy
(1)应选择营业收入作为计算重要性水平的基础。 V%BJNJ
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ,_Qe}qFU
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Oj"pj:fB
销售毛利率=(64000-54000)/64000×100%=15.63% 5X `w&(]m
总资产净利率=30/[(100000+90000)/2]=0.03% O2q=gYX>\
流动比率=60000/20000=3 Ld\LKwo
(3) [+%d3+27
a.应建议做如下审计调整分录: Txt%nzIu
借:应收票据 6 000 000 sb}K%
-
贷:短期借款 5 820 000 !dyxE'T2
财务费用 180 000 \)^,PA3
b.应建议做如下审计调整分录: :dY.D|j*
借:预计负债 3 000 000 }fJ:wku
贷:营业外支出 500 000 DJV iy
其他应付款 2 500 000 QiTR-M2C!