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)。 B7 #O>a
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: j*6>{_[
(Expressed in RMB thousands) _+aMP=H
FINANCLAL STATEMENTS ITEMS ZL7#44
20×8 +$;#bw)yH
20×7 ,6EFJVu
\
)` ^/Dj;
Sales aA6m5
64000 j=up7395
48000 !q8"Q t
)Y](Mj!D
Cost of sales v;WfcpWq2
54000 F*Y]^9]
42000 1_B;r9x
\dHdL\f
Net profit a
!yBEpMo
30 k^{}p8;3
-20 uBUT84i
d(_;@%p1X
}~+q S`
December 31, 20×8 U&'Xs
z
December 31, 20×7 sPP(>y( \
z=j,-d%9
Inventory kZK1{
16000 ;uhpo
12000 c $n`=NI
"Q.KBX v/
Current assets L2Z-seE
60000 e`eh;@9p
50000 *K
'#$`2
Yma-$ytp
Total assets q |Orv=v
100000
(RBB0CE
90000 #PGpB5vnaA
*JA0Vs5
Current liabilities 6sQY)F7p
20000 L$3
{L"/
18000 zLSha\X
b^'>XT~1J&
Total liabilities %%{f-\-7Ig
30000 cR6Rb[9 N
25000 w\}Q.$@
@M)"
C>* 1f|<
During the audit, John has the following findings: S#F%OIx
(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: Ro.br:'Bw
Dr. Cash in Bank RMB 5820000 mum4Uj
Dr. Financial Expenses RMB 180000 b\Mb6s
Cr. Notes Receivable RMB 6000000 QD;:!$Du
(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: Rebo.6rG
Dr. Non-operating Expenses RMB 3000000 {wptOZ
Cr. Provisions RMB 3000000 IWT
-)+
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 G4,.kK
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: ?
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Dr. Provisions RMB 3000000 e8U6D+jY
Cr. Cash in Bank RMB 2500000 303x|y
Cr. Non-operating Income RMB 500000 B42qiV2/k
Required: J l
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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. D9r4oRkP*
(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: CPLsSv5
(a)Inventory Turnover Rate in 20×8; ja%IGaH;s
(b)Gross Profit Ratio in 20×8; X_ (n
(c)After Tax Return on Total Assets in 20×8; and tKCX0UZ'
(d)Current Ratio as at December 31, 20×8 -uhg7N[3
(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. C4|H5H
【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。 iHk/#a
以下是未经审计财务报表的部分信息: 2SXy)m
!
(单位:千元) )P#xny2
项目 20×8 20×7 `##^
@N<P
营业收入 64 000 48 000 M!O &\2Q
营业成本 54 000 42 000 =PmIrvr'[5
净利润 30 -20 l
a_FZ
/MbWS(RT
20×8年12月31日 20×7年12月31日 Gf<%bQ
E
存货 16 000 12 000 h9cx~/7,_)
流动资产 60 000 50 000 8.tp#x,A
总资产 100 000 90 000 xP5Z -eL
流动负债 20 000 18 000 0F%V+Y\R
总负债 30 000 25 000 yC9~X='D
在审计过程中,约翰发现以下事项: K{`3,U2Wx
(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: &&TAX
借:银行存款5 820 000 _{mG\*q
财务费用 180 000 $c];&)7q
贷:应收票据6 000 000 nzl3<Ar
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: >]/aG!
借:营业外支出 3 000 000 0:zDt~Ju
贷:预计负债 3 000 000 VcORRUp
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 9@ 8)ZHf
借:预计负债 3 000 000 T-.Bof(?w
贷:银行存款 2 500 000 |K'7BK_^J
营业外收入 500 000 o(Q='kK
要求: AxiCpAS;J
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 FK,Jk04on
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: VR vX^w0
(a)20×8年存货周转率 otJHcGv
(b)20×8年销售毛利率 Rqun}v}
(c)20×8年总资产净利率 ke5_lr(
(d)20×8年12月31日的流动比率 l/6(V:
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) Z]k+dJ[-
【答案】 Dlx-mm_
(1)应选择营业收入作为计算重要性水平的基础。 %s#`Z [8,
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 Y@'ahxF
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 {p7b\=WB-
销售毛利率=(64000-54000)/64000×100%=15.63% b-)3MR:4
总资产净利率=30/[(100000+90000)/2]=0.03% |&\cr\T\r
流动比率=60000/20000=3 xi! R[xr1
(3) q Qc-;|8
a.应建议做如下审计调整分录: ^Z G 3{>
借:应收票据 6 000 000 m^Rf6O^
贷:短期借款 5 820 000 I#GsEhi
财务费用 180 000 KL+, [M@ F
b.应建议做如下审计调整分录: <UBB&}R0
借:预计负债 3 000 000 %^<A`Q_
贷:营业外支出 500 000 '-Kr
neZ!
其他应付款 2 500 000 Tsl0$(2W