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)。 x.4m|f0;
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: i"=\d
(Expressed in RMB thousands) JK
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FINANCLAL STATEMENTS ITEMS 'Z]w^<
20×8 ue>D7\8
20×7 :rP=t ,
PZzMHK?hP
Sales f%8C!W]Dm
64000 z'7]h
TA
48000 o{[qZc_%
bW:!5"_{H
Cost of sales MpOc
54000 5~S5F3
42000 -tU'yKhn
9jGu}Vo
Net profit 8xMX
30 @'|~v<<WZ
-20 2 ? 4!K.
dD@(z:5M\
c[s4EUG
December 31, 20×8 UGatWj
December 31, 20×7 c1gQ cqF
U%/+B]6jP
Inventory f)<6
16000 0IWf!Sk
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12000 BL4-7
[PbOfxxgA
Current assets iJ|uvPCE
60000 Y|/ 8up
50000 H0cA6
I
]]Ufas9
Total assets JjS?
100000 x$(f7?s] 1
90000 Wn}'bqp
S`]k>'
l
Current liabilities Q=dy<kg']
20000 _Bj":rzY
18000 d<x7{?~.DK
v(%*b,^
Total liabilities l9H!au=
30000 6-ils3&
25000 |sZHUf_
2 8u_!f[
~7Ux@Sx;
During the audit, John has the following findings: .5{ab\_af
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: p{dj~ &v
Dr. Cash in Bank RMB 5820000 wwcBsJ1{
Dr. Financial Expenses RMB 180000 ku
M$UYTTX
Cr. Notes Receivable RMB 6000000 h!9ei6
(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: Srd4))2/0
Dr. Non-operating Expenses RMB 3000000 ,9
a
Cr. Provisions RMB 3000000 U,1-A=Og{o
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 11;zNjD|
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: J<lO=
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Dr. Provisions RMB 3000000 k$}fWR
Cr. Cash in Bank RMB 2500000 w@fi{H(R
Cr. Non-operating Income RMB 500000 %e} Saf
Required: 6;5Ss?ep
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. "tpSg
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ht}wEvv
(a)Inventory Turnover Rate in 20×8; DLNbo2C
(b)Gross Profit Ratio in 20×8; seeBS/%
(c)After Tax Return on Total Assets in 20×8; and vs{s_T7Mz]
(d)Current Ratio as at December 31, 20×8 '@P^0+B!(.
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. +X]vl=0
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 ENY+^7
以下是未经审计财务报表的部分信息: |]*/R^1>2
(单位:千元) ,~W|]/b<q
项目 20×8 20×7 x'R`.
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营业收入 64 000 48 000 koi^l`B$
营业成本 54 000 42 000 8, >P
净利润 30 -20 e\75:oQ
<1M-Ro?5k
20×8年12月31日 20×7年12月31日 Aq7osU1B
存货 16 000 12 000 >b4eL59
流动资产 60 000 50 000 IIx#2r
总资产 100 000 90 000 L_iFt!
流动负债 20 000 18 000 "C`Ub
总负债 30 000 25 000 D.XvG _
在审计过程中,约翰发现以下事项: |LKXOU
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(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: ;sFF+^~L
借:银行存款5 820 000 g
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财务费用 180 000 FaJ &GOM,
贷:应收票据6 000 000
M\Kx'N
(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: G,w(d@
借:营业外支出 3 000 000 JqiP>4Uwm^
贷:预计负债 3 000 000 wLr_-vJ
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: N ZSSg2TX#
借:预计负债 3 000 000 UFuX@Lu0
贷:银行存款 2 500 000 *CHX
营业外收入 500 000 H$4:lH&(
要求: *~i
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(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 '2^Q1{ :\
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: P7~ >mm+
(a)20×8年存货周转率 "snw4if
(b)20×8年销售毛利率 Y:a]00&)#Y
(c)20×8年总资产净利率 pz>>)c`
(d)20×8年12月31日的流动比率 VP]% Hni]
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) 12LL48bi
【答案】 ?6Y?a2 |
(1)应选择营业收入作为计算重要性水平的基础。 q'82q
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 -3Vx76Y
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ekCC5P!
销售毛利率=(64000-54000)/64000×100%=15.63%
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总资产净利率=30/[(100000+90000)/2]=0.03% ^gnZ+`3
流动比率=60000/20000=3 u.Dz~$T
(3) aw42oLk
a.应建议做如下审计调整分录: vRO
_Q?
借:应收票据 6 000 000 BThrO d
贷:短期借款 5 820 000 @MCg%Afw
财务费用 180 000 7Jho}5J
b.应建议做如下审计调整分录: C~iL3Cb
借:预计负债 3 000 000 S^ \Vgi(
贷:营业外支出 500 000 kPLxEwl
其他应付款 2 500 000 [IhYh<i