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)。 r@yD8 D \
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: Dkw*Je#6PX
(Expressed in RMB thousands) jq[x DwPG
FINANCLAL STATEMENTS ITEMS AEqq1A
20×8 :!']p2B
20×7 / gu3@@h
x9~[HuJ
Sales {+Sq<J_`M
64000 rREzM)GA
48000 <sc\EK
%Hwbw],kl8
Cost of sales Cg3ODfe
54000 EHhd;,;O
42000 9~~UM<66W
N+J>7_k
Net profit m8HYWzN
30 0bSz4<}
-20 o:9$UV[
K$ AB} Fvc
r0{]5JZt/
December 31, 20×8 "H?QqrKx
December 31, 20×7 ?+\E3}:
${>DhfF
Inventory 1eD.:_t4
16000 GS4_jvD-
12000 K:_($X]
lhxdx
Current assets Yf=FeH7"
60000 wS%zWdsz
50000 ESv:1o`?n
AerFgQiS
Total assets v)+@XU2wZ
100000 KuXkI;63J>
90000 [q3+$W \r
Jn#K0(FQ
Current liabilities + Kk@Q
20000 ?ZX!7^7
18000 *Ru2:}?MpS
OD|1c6+X
Total liabilities " '[hr$h3
30000 _Ex|f5+
25000 bjzx!OCpV
z mbZ
o_rtH|ntX5
During the audit, John has the following findings: 1.0J2nZpt
(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: +NR n0
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Dr. Cash in Bank RMB 5820000 8[R1A
Dr. Financial Expenses RMB 180000 Q.ukY@L.'
Cr. Notes Receivable RMB 6000000 L;yEz[#xaT
(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: ^Plc}W7h
Dr. Non-operating Expenses RMB 3000000 &
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Cr. Provisions RMB 3000000 KTv4< c]
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 mf2Mx=oy
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: 8W,*eke?
Dr. Provisions RMB 3000000 ,]q%/yxi
Cr. Cash in Bank RMB 2500000 k{-`]qiK
Cr. Non-operating Income RMB 500000 -_|]N/v\
Required: P^zy; Qs7
(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. HH zEQV Lh
(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: rJV?)=Z
(a)Inventory Turnover Rate in 20×8; vi|Zit
(b)Gross Profit Ratio in 20×8; ANb"oX c
(c)After Tax Return on Total Assets in 20×8; and De]^&qw(
(d)Current Ratio as at December 31, 20×8 @|=U
rKA N
(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. ^1VbH3M
【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。 f[}|rf
以下是未经审计财务报表的部分信息: @ef$b?wg
(单位:千元) wko2M[
项目 20×8 20×7 o(Kcs-W2
营业收入 64 000 48 000 <4f,G]UH_
营业成本 54 000 42 000 j
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净利润 30 -20
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+* D4(
20×8年12月31日 20×7年12月31日 tW(+xu36
存货 16 000 12 000 Sn ^Aud
流动资产 60 000 50 000 k>>`fE\K
总资产 100 000 90 000 `
FxtLG,F
流动负债 20 000 18 000 ~p.%.b;~t
总负债 30 000 25 000 :o$@F-$k
在审计过程中,约翰发现以下事项: >?V<$>12
(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: Z"DW 2k
借:银行存款5 820 000 .YC;zn^
财务费用 180 000 tBv3~Of.
贷:应收票据6 000 000 =ybGb7?
(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: c'rd $
借:营业外支出 3 000 000 B{PLIisc
贷:预计负债 3 000 000 qHJ'1~?q
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: !0Nf9
借:预计负债 3 000 000 PkJcd->
贷:银行存款 2 500 000 $?$9y^\
营业外收入 500 000 XHQh4W3
要求: O9*p0%ug
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 .[,6JU%
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: {82rne`[
(a)20×8年存货周转率 9GPb$gtx
(b)20×8年销售毛利率 &