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)。 M-hnB
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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: Jjv&@a}
(Expressed in RMB thousands) >{Djx
FINANCLAL STATEMENTS ITEMS iDr0_y*t
20×8 C.O-iBVe#
20×7 ;C'*Ui
AsOI`@FV
Sales 4<|
]k?@
64000 Y!zlte|P
48000 =9-c*bL
}dCnFZ{K3
Cost of sales =1C9lKm
54000 sKtH4d5)
42000 zuw6YY8kQ
6*tGf`Pfdw
Net profit q_bB/
30 2cL<`
-20 rE
8-MB
$v,_8{ !
utv.uwfat
December 31, 20×8 uP:'e8
December 31, 20×7 h1$,
E@p9vf->
Inventory ~7|z 2L
16000 3f0RMk$pH
12000 f`cO5lP/:)
:B
im`mHl
Current assets NeH^g0Q2,g
60000 3~ylBJJ
50000 >Uz3F7nHi
wXe.zLQ
Total assets tP3Upw"U
100000 K7|BXGL8r8
90000 8Pq|jK "
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Current liabilities JdE=!~\8
20000 U:H*b{`TU
18000 eG.?s;J0
w5p+Yx=q
Total liabilities /n_N`VJ7H
30000 ;-59#S&?tB
25000 nL9m{$Zv
#~"jo[
GKX#-zsh79
During the audit, John has the following findings: $4m{g"xL
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: 1:?WvDN=
Dr. Cash in Bank RMB 5820000 ,xGkE7=5
Dr. Financial Expenses RMB 180000 ?(Nls.c
Cr. Notes Receivable RMB 6000000 (c;$^xZK
(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: \O[Cae:^?
Dr. Non-operating Expenses RMB 3000000 *&
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Cr. Provisions RMB 3000000 u?!p[y6
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 Gmc0yRN
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: O:4.xe
Dr. Provisions RMB 3000000 d:3G4g
Cr. Cash in Bank RMB 2500000 gqE{
Cr. Non-operating Income RMB 500000 (sY?"(~j?T
Required: Y%2<}3P
(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. uv, t(a.^
(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: 3vx?x39*Y
(a)Inventory Turnover Rate in 20×8; _ 95V"h
(b)Gross Profit Ratio in 20×8; a4?:suX$
(c)After Tax Return on Total Assets in 20×8; and ?g1%-F+
(d)Current Ratio as at December 31, 20×8 n<MH\.!tM
(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. fU,sn5zZ
【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。 tcfUhSz,I
以下是未经审计财务报表的部分信息: J*.qiUAgW
(单位:千元) dLLF#N
项目 20×8 20×7 vO 3fAB
营业收入 64 000 48 000 7yK
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营业成本 54 000 42 000 e(sQgtM6
净利润 30 -20 zUeS7\(l
:WE(1!P@
20×8年12月31日 20×7年12月31日 ?_IRO|
存货 16 000 12 000 Eg>MG87
流动资产 60 000 50 000 6tVB}UKs
总资产 100 000 90 000 =F6J%$
流动负债 20 000 18 000 `zF=h#i
总负债 30 000 25 000 &q>=6sQvf
在审计过程中,约翰发现以下事项: BDpeAF8z
(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: &{99Owqg
借:银行存款5 820 000
k/Z}nz
财务费用 180 000 't]=ps
贷:应收票据6 000 000 VUk2pEGO.
(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: SBs_rhe
借:营业外支出 3 000 000 '~2;WF0h
贷:预计负债 3 000 000 :Fm)<VN"
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: Iq MXd K|
借:预计负债 3 000 000 Ji gc@@B.
贷:银行存款 2 500 000 -W2 !_
营业外收入 500 000 4Y[tx]<
要求: J=ZNx;{6
(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。 )=#QTiJ
(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: xDm^f^}>
(a)20×8年存货周转率 >O?5mfMK
(b)20×8年销售毛利率 .>_p7=a
(c)20×8年总资产净利率 {'T=&`&OF
(d)20×8年12月31日的流动比率 Qn_*(CSp
(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_TM07P
【答案】 5
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(1)应选择营业收入作为计算重要性水平的基础。 4 @ )|N'
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 v<$a .I(
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Vv#|%^0
销售毛利率=(64000-54000)/64000×100%=15.63% b$[O^p9x
总资产净利率=30/[(100000+90000)/2]=0.03% +Ccj@#M;
流动比率=60000/20000=3 a!vF;J-Zqa
(3) lOYzo
a.应建议做如下审计调整分录: '(4$h3-gv7
借:应收票据 6 000 000 uDbz`VpK
贷:短期借款 5 820 000 %i:S
f
财务费用 180 000 `C9/=
b.应建议做如下审计调整分录: PQDWY
借:预计负债 3 000 000 0
fX
贷:营业外支出 500 000 9q(*'rA
m
其他应付款 2 500 000
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