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)。 WJ7|0qb
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: xO$P
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(Expressed in RMB thousands) Xtp8^4Va
FINANCLAL STATEMENTS ITEMS FLZ9pb[T
20×8 \&
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20×7 L`NIYH<^
xNz(LZ.c
Sales :<%bAn
64000 _z5/&tm_H
48000 eH&F gmU
H=dIZ
Cost of sales *Cy54Z#
54000 &&ioGy}1
42000 Sb.8d]DW
.nV2n@SR
Net profit DM.lQ0xk
30 :1v,QEb\
-20 [^H2'&
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3"fDFR
M .#}
December 31, 20×8 \1EuHQ?
December 31, 20×7 "TRS(d|3
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Inventory i1iP'`r
16000 g40Hj Y
12000 qY_qS=H^
#h5:b`fDF
Current assets p|UL<M9{a]
60000 /-=fWtA
50000 N(/) e
rTD +7
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Total assets "W<Y1$Y=Y
100000 &$"#hGg
90000 tj
dPia
q*!R4yE; C
Current liabilities s.3"2waZ=T
20000 Daf|.5>(@
18000 0zt]DCdY
J~~\0 u
Total liabilities
tm1=
30000 ^@fD{]I
25000 9u=A:n\
\Lx=iKs<
4vhf!!1
During the audit, John has the following findings: Y$'j9bUJ
(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: f@*69a8
Dr. Cash in Bank RMB 5820000 vEv kC
Dr. Financial Expenses RMB 180000 mvn- QP~"
Cr. Notes Receivable RMB 6000000 >CB-a :
(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: |}"YUk^
Dr. Non-operating Expenses RMB 3000000 PN*
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Cr. Provisions RMB 3000000 WP<L9A
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ;$p !dI\-Q
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: L G}{ibB
Dr. Provisions RMB 3000000 k
%I83,+
Cr. Cash in Bank RMB 2500000 Pk?$\
Cr. Non-operating Income RMB 500000 z4u.bU
Required: l{By]S
(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.
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(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: EOPx4+o
(a)Inventory Turnover Rate in 20×8; o|$D|E
(b)Gross Profit Ratio in 20×8; G|i0n
(c)After Tax Return on Total Assets in 20×8; and w OL,L U
(d)Current Ratio as at December 31, 20×8 D%SOX 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. Ds1h18
【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。 D
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以下是未经审计财务报表的部分信息: i'Y8-})
(单位:千元) |r9<aVlK
项目 20×8 20×7 84ij4ZYe
营业收入 64 000 48 000 %9-^,og
营业成本 54 000 42 000 hgU;7R,?ir
净利润 30 -20 h5?^MRZS
NAYLlW}A
20×8年12月31日 20×7年12月31日 3(YvqPp&
存货 16 000 12 000 "t|)Kl
流动资产 60 000 50 000 ^WA7X9ed
总资产 100 000 90 000 1?@
HOu
流动负债 20 000 18 000 v^"\e&XL
总负债 30 000 25 000 Tigw+2
在审计过程中,约翰发现以下事项: ?m7:@GOE1
(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: ||+~8z#+,
借:银行存款5 820 000 @K;b7@4y
财务费用 180 000 41
F;X{Br
贷:应收票据6 000 000 k1&9 bgI
(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: qxZ
IH
借:营业外支出 3 000 000 "*vrrY
贷:预计负债 3 000 000 ?v^NimcZ
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: $8^Hkxy
借:预计负债 3 000 000 9A|A@E#
贷:银行存款 2 500 000 EQ%o oAb8
营业外收入 500 000 8Vu@awz{L
要求: Dfs^W{YA
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 =v2|QuS$
(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: hSehJjEoM
(a)20×8年存货周转率 -()WTdIy
(b)20×8年销售毛利率 +pd,gG?dW
(c)20×8年总资产净利率 :EX>Y<`]
(d)20×8年12月31日的流动比率 &V4Zmn?UU
(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) =D<0&M9C
【答案】 %;`Kd}CO
(1)应选择营业收入作为计算重要性水平的基础。 ljFq ;!I5
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 y3~=8!Tj?Q
5c- P lm%
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 b.*LmSX#
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% RZ6y5
流动比率=60000/20000=3 *g5bdQ:Av~
(3) ?Y"%BS+pt
a.应建议做如下审计调整分录: 0 C4eer+D
借:应收票据 6 000 000 }:8}i;#M
贷:短期借款 5 820 000 \, R;
财务费用 180 000 2w|5SK_
b.应建议做如下审计调整分录: WD5J2EePT
借:预计负债 3 000 000 -K|1w'E
贷:营业外支出 500 000 JFv70rBe
其他应付款 2 500 000 ~ l}f@@u