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)。 fn>MOD!l
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: RNE})B
(Expressed in RMB thousands) n,SD JsS^
FINANCLAL STATEMENTS ITEMS
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20×8 Jf{6'Ub
20×7 _ #288`bU
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Sales DfgqB3U[
64000 N|Mzj|i.
48000 v>CAA"LH
/DA'p [,
Cost of sales 9IZ}}x
54000 ?NoG.
42000 uA dgR
| z=:D*uh~
Net profit &
$ZJfHD@
30 _"%mLH=!8
-20 gF,9Kv~
RI9&KS
,r!_4|\
December 31, 20×8 a[bu{Z]%
December 31, 20×7 {0
d/;
//S/pCqED
Inventory :t+XW`eQR:
16000 tP8>0\$)
12000 s ki'I
8`l bKV
Current assets ?G%C}8a
60000 \tH^w@j47
50000 b"n0Yk1
b7 %Z~
Total assets + pTc2z
100000
MgkeD
90000 ~{lSc/SP|
77?/e^K\S
Current liabilities Gv?3T Am8
20000 ".Z|zt6C
18000 |Am
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1S
.~Vh0Q,
Total liabilities HE#IJB6BS?
30000 =0!PnB
GYn
25000 8i"v7}
w ;+x g
.BP@1K
During the audit, John has the following findings: Hz39v44
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: OOJg%y*H
Dr. Cash in Bank RMB 5820000 ([\mnL<FC
Dr. Financial Expenses RMB 180000 %X)w$}WH
Cr. Notes Receivable RMB 6000000 P]w5`aBM
(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: yh~*Kt]9Ya
Dr. Non-operating Expenses RMB 3000000 Ud@D%?A7
Cr. Provisions RMB 3000000
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On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 u*LMpTnn
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: 9n\:grW
Dr. Provisions RMB 3000000 p,#t[K
Cr. Cash in Bank RMB 2500000 W>$2BsO
Cr. Non-operating Income RMB 500000 /,#HGu]q'
Required: .=@xTJh
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. Uj]Tdg
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: CWF(OMA
(a)Inventory Turnover Rate in 20×8; %@Mv-A6)
(b)Gross Profit Ratio in 20×8; 2Iv&XxSo
(c)After Tax Return on Total Assets in 20×8; and v__n>*x
(d)Current Ratio as at December 31, 20×8 o%Ubn*
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. mmSC0F
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 {"f4oK{
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以下是未经审计财务报表的部分信息: SLI(;, s
(单位:千元) W&MZ5t,k=
项目 20×8 20×7 V
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营业收入 64 000 48 000 va6e]p*Oy
营业成本 54 000 42 000 I'W`XN
净利润 30 -20 -lICoRO#
<K6gzi0fl
20×8年12月31日 20×7年12月31日 i{T mn
存货 16 000 12 000 d'p]F~a
流动资产 60 000 50 000 jd>ug=~x
总资产 100 000 90 000 ,v<GSiO
流动负债 20 000 18 000 C=k]g
总负债 30 000 25 000 gl.uDO%.
在审计过程中,约翰发现以下事项: 4G ?Cu,$
(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: aL?+# j^"
借:银行存款5 820 000
sn>2dRW{
财务费用 180 000 $qndG,([F
贷:应收票据6 000 000 _-MILkx\
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录:
HRP
借:营业外支出 3 000 000 "IN
IP?
贷:预计负债 3 000 000 Mk=M)d`
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: b({K6#?'[
借:预计负债 3 000 000 ohLM9mc9
贷:银行存款 2 500 000 R_JB`HFy=
营业外收入 500 000 Ufw_GYxan
要求: ([g[\c,H
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 ZwzN=03T
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: r^g"%nq9/
(a)20×8年存货周转率 U!y GZEU"[
(b)20×8年销售毛利率 )~>
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(c)20×8年总资产净利率 HGiO}|q:
(d)20×8年12月31日的流动比率 \}Hi\k+h':
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) VWLqJd>tr1
【答案】 | XGj97#M
(1)应选择营业收入作为计算重要性水平的基础。 ?:$
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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。 5I`_SOa!
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ;#)vw;XR
销售毛利率=(64000-54000)/64000×100%=15.63% UR{OrNg*
总资产净利率=30/[(100000+90000)/2]=0.03% s!g06F
流动比率=60000/20000=3 fo$s9g^<
(3) 7M.TLV!f]
a.应建议做如下审计调整分录: NsJ]Tp5!
借:应收票据 6 000 000 xGkc_
贷:短期借款 5 820 000 fK
4,k:YC
财务费用 180 000 JLz.lk*.
b.应建议做如下审计调整分录: L\cbY6b
借:预计负债 3 000 000 )i^+=TZ q
贷:营业外支出 500 000 YqQAogyh
其他应付款 2 500 000 7QXp\<7