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)。 5B3S]@%
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: _[ml<HW]
(Expressed in RMB thousands) ' b41#/-
FINANCLAL STATEMENTS ITEMS [@"~'fu0
20×8 s=0z%~H
20×7 ETk4I"
7b7~
D +b
Sales <SeK3@Gi
64000 L{H`
t{A
48000 xa+=9=<AQ
9PXG*r|D
Cost of sales :o$k(X7a
54000 yPG,+uQ$.
42000 9?"]dEM
c#'t][Ii
Net profit
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30 Bw^*6P^l
-20 K|Sh
(]*
Ro 8
x6Q,$B
December 31, 20×8 ? <
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December 31, 20×7 /NvHM$5O%
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Inventory +]I7]
16000 sPMCN's
12000 N y_d
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Current assets ) #G5XS+)
60000 'qR)f\em
50000 W Z'UVUi8
DC?U+
Total assets _P6e%O8C#
100000 QWL$F:9:
90000 ;S
Re`
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Current liabilities OW}n
y
20000 RsnK
B/
18000 1/b5i8I2v
Q<4Sd:P`"
Total liabilities fmqHWu*wG
30000 VX+:k.}
25000 u.!}s2wT#
Zy!^HS$
\NE~k)`4j%
During the audit, John has the following findings: "u#,#z_
(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: WdQR^'b$
Dr. Cash in Bank RMB 5820000 }<m'Nkz<X
Dr. Financial Expenses RMB 180000 '
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Cr. Notes Receivable RMB 6000000 {O2
4:'K&
(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: `h%(ZG~
Dr. Non-operating Expenses RMB 3000000 44e:K5;]7
Cr. Provisions RMB 3000000 0\W6X;?
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 [2h4%{R&
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: bH6i1c8
Dr. Provisions RMB 3000000 #8xP,2&zf
Cr. Cash in Bank RMB 2500000 !2YvG%t^6
Cr. Non-operating Income RMB 500000 GYp}V0
Required: rQE:rVKVh
(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. bU$4"_eA
B
(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: *@;Pns]L-
(a)Inventory Turnover Rate in 20×8; K+HP2|#6
(b)Gross Profit Ratio in 20×8; 2
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(c)After Tax Return on Total Assets in 20×8; and {=3&_/9s){
(d)Current Ratio as at December 31, 20×8 [g<rzhC~=
(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. 4MM /i}
【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。 Fa]|Y
以下是未经审计财务报表的部分信息:
xWC*DKV
(单位:千元) zDakl*
项目 20×8 20×7 \0)v5u
营业收入 64 000 48 000 %%uvia=e
营业成本 54 000 42 000 x:wv#Wh:l7
净利润 30 -20 ,)u1r3@I^
,,}&
Q%5
20×8年12月31日 20×7年12月31日 >#u
9W'@|
存货 16 000 12 000 86 $88`/2
流动资产 60 000 50 000 (FVHtZi7
总资产 100 000 90 000 ;RR\ Hwix
流动负债 20 000 18 000 _bsAF^ ;
总负债 30 000 25 000 B183h
在审计过程中,约翰发现以下事项: +f){x9
:
(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: $
kAal26 z
借:银行存款5 820 000 SN#Cnu}
财务费用 180 000 b8FSVV
7@
贷:应收票据6 000 000 k-CW?=
(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: 9-ei#|Vnt[
借:营业外支出 3 000 000 g#*LJ`1
贷:预计负债 3 000 000 IjaFNZZC!
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: %fJ~3mu
借:预计负债 3 000 000 bukdyo;l
贷:银行存款 2 500 000 = Z
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营业外收入 500 000 \&XtPQ
要求: ;Q.'u
(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。 QgF2f/;!
(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: BV"l;&F[
(a)20×8年存货周转率 6<t<hP_3O
(b)20×8年销售毛利率 u.yjk/jF
(c)20×8年总资产净利率 KA/~q"N
(d)20×8年12月31日的流动比率 qh~$AJ9sB
(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) %(}%#-X
【答案】 O\X=vh/D
(1)应选择营业收入作为计算重要性水平的基础。 R+&{lc
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 z*ly`-!
yg WwUpY
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 zE8qU
;
销售毛利率=(64000-54000)/64000×100%=15.63% #Fkn-/nL
总资产净利率=30/[(100000+90000)/2]=0.03% <^n@q f}
流动比率=60000/20000=3 r?%,#1|$$
(3) nvInq2T1
a.应建议做如下审计调整分录: x'iBEm
借:应收票据 6 000 000 Xs Ey8V
贷:短期借款 5 820 000 P[K42mm
财务费用 180 000 ?910ki_
b.应建议做如下审计调整分录: -n"7G%$M
借:预计负债 3 000 000 ,>3b|-C-
贷:营业外支出 500 000
qZ<|A%WQ
其他应付款 2 500 000
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