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)。 0=$/
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: u cpU$+
(Expressed in RMB thousands) J!uG/Us
FINANCLAL STATEMENTS ITEMS d&+]@ Ii
20×8 \l GD8@,x
20×7 Msqqjhoy
C+
NN.5No
Sales 8^UF0>`'
64000 )U %`7(bN
48000 YSP\+ZZ
6$urrSQ`N0
Cost of sales 1Wpu
54000 /~NX<Ye&
42000 cp`Jep<T
QX=T
uyO
Net profit I3Vu/&8f|
30 X
_ZO)|
-20 w+)${|N?
EO !,rB7I
t"VT['8
December 31, 20×8 w-K A~
December 31, 20×7 }yT/UlU
<=.6Z*x+
Inventory :h(HKMSk1
16000 IC
cr
12000 Kv@P Uzu
XDPR$u8hM
Current assets (<Cq_Kw
60000 `etw[#~N
50000 ]o] VS
/8l-@P.o
Total assets )L b` 4B
100000 o +$v0vg%T
90000 *:L"#20:R
?|5
M'o|9
Current liabilities =8]`-(
20000 c(Dp`f,
18000 |S8$NI2
VIF43/>(
Total liabilities v`|]57?A
30000 YiZk|K_
25000 "@G[:(BoB<
$Tbsre\MJ
[%K6-\S
During the audit, John has the following findings: 'yiv.<4
(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: @aS)=|Ls\
Dr. Cash in Bank RMB 5820000 W8& )UtWQ
Dr. Financial Expenses RMB 180000 $mJv\;t
Cr. Notes Receivable RMB 6000000 Ze0qRLuH!
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: +R*DE5dz
Dr. Non-operating Expenses RMB 3000000 .n7@$kq
Cr. Provisions RMB 3000000 7i"
b\{5
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 `3\aX|4@
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: NJBSVCb
Dr. Provisions RMB 3000000 J1w[gf]J
Cr. Cash in Bank RMB 2500000 p-s\D_
Cr. Non-operating Income RMB 500000 r?DCR\Jq
Required: :?xH)J,imk
(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. ](JrEg$K
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: ]
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(a)Inventory Turnover Rate in 20×8; FJ0I&FyWs
(b)Gross Profit Ratio in 20×8; GN_L"|#)=
(c)After Tax Return on Total Assets in 20×8; and : #a
(d)Current Ratio as at December 31, 20×8 Htgo=7!?\3
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. a"@f< wU~
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 lAnq2j|
以下是未经审计财务报表的部分信息: ]wid;<
(单位:千元) 63E6nW M
项目 20×8 20×7 ~xqiasE#K
营业收入 64 000 48 000 q(n"r0)=
营业成本 54 000 42 000 )WoH>D
净利润 30 -20 yEWm.;&3=
Ck/44Wfej
20×8年12月31日 20×7年12月31日 xKu#OH
存货 16 000 12 000
}ktIG|GC
流动资产 60 000 50 000 O>DS%6/G
总资产 100 000 90 000 xb\EJ1M>
流动负债 20 000 18 000 r)gK5Mv
总负债 30 000 25 000 y`oj\
在审计过程中,约翰发现以下事项: bUcp8
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: =dQ[I6
借:银行存款5 820 000 ~\am%r>
财务费用 180 000 =AO
(
贷:应收票据6 000 000 0d+n[Go+S
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: CR$wzjP j
借:营业外支出 3 000 000 (7qlp*8.s
贷:预计负债 3 000 000 LAC&W;pJ"
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: eWFkUjz
借:预计负债 3 000 000 ! ;>s .]
贷:银行存款 2 500 000 K<^p~'f4P
营业外收入 500 000
d92Z;FWb
要求: Pm%xX
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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。 K+)3 LR^
(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: g**!'T4&o
(a)20×8年存货周转率 )h@PRDI_
(b)20×8年销售毛利率 L(|K{vH h]
(c)20×8年总资产净利率 qy'-'UlIr
(d)20×8年12月31日的流动比率 K/zb6=->
(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) AE:(:U\
【答案】 8-@@QZ\N
(1)应选择营业收入作为计算重要性水平的基础。 ~Eg]Auk7
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 bse`Xfg
]EHsRd
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 s4|tWfZ
销售毛利率=(64000-54000)/64000×100%=15.63% _&]7
总资产净利率=30/[(100000+90000)/2]=0.03% :fj>JF\[
流动比率=60000/20000=3 FO/cEu
(3) .F,l>wUNe
a.应建议做如下审计调整分录: (9`dLw5
借:应收票据 6 000 000 t{c:<nN
贷:短期借款 5 820 000 <}lah%4F
财务费用 180 000 6CFnE7TQf
b.应建议做如下审计调整分录: 81EEYf
借:预计负债 3 000 000 {ENd]@N*
贷:营业外支出 500 000 S*<J y(:n
其他应付款 2 500 000 (l
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