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)。 )+"'oY$]}
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: ]M[#.EX
(Expressed in RMB thousands) ]%Nl
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FINANCLAL STATEMENTS ITEMS !$Tw^
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20×8 vZ N!Zl7S
20×7 mBJeqG
J}@z_^|"mJ
Sales ~$ f;U
64000 v-Fg
+
48000 `S.ZS}~!F
U_$
qi
Cost of sales xD /9F18
54000 Ppt2A6W
42000 7kK #\dI
ZP$-uaa-
Net profit /
c-r
30 5"]~oPK
-20 `^Eae
ls `,EFF
ym/fFm6h
December 31, 20×8 :nS;
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December 31, 20×7 2gjGeM
za9)Q=6FD
Inventory ^eGNgE
16000 l?DJJ|> O
12000 G #T<`>T
j:&4-K};Z`
Current assets _#s=h_
FD
60000 je4 w=]JV
50000 rgf# wH%hN
F3lw@b3])
Total assets x]{E)d"!
100000 {d%&zvJnD
90000 ai^4'{#zi
f0SAP0M3
Current liabilities ~i_Tw#}
20000 a=$t &7;,
18000 (ihP`k-.
nL}5cPI
Total liabilities Op?OruT[
30000 %q322->Z
25000 e{9jn>\,a
%77p5ctW
\^K&vW;
During the audit, John has the following findings: q7m6&2$[
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: \cJ-Dd
Dr. Cash in Bank RMB 5820000 ]:$
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Dr. Financial Expenses RMB 180000 Btd Xv4V
Cr. Notes Receivable RMB 6000000 LaIJ1jf
(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: #W2[
Dr. Non-operating Expenses RMB 3000000 XC3Kh^
Cr. Provisions RMB 3000000 W*:,m8wk
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 0g<K [mPr7
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: O:/yAc`
Dr. Provisions RMB 3000000 w_4]xgS:
Cr. Cash in Bank RMB 2500000 m&oi8 P-6
Cr. Non-operating Income RMB 500000 Na,_
Required: h2;z4
(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. )g@S%Yu
(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: 5;TuVU.8Q
(a)Inventory Turnover Rate in 20×8; Ti;Ijcq8
(b)Gross Profit Ratio in 20×8; l
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(c)After Tax Return on Total Assets in 20×8; and qy!Ou3^
(d)Current Ratio as at December 31, 20×8 v)kEyX'K2d
(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)! g7u
【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。 ]Lqt(c
以下是未经审计财务报表的部分信息: 9kY[j2,+
(单位:千元) 6Bm9?eU0
项目 20×8 20×7 X7|.T0{=x
营业收入 64 000 48 000 M}"r#Plq
营业成本 54 000 42 000 l??;3kh1
净利润 30 -20 Q1&P@Io$
w[Ep*-yeI
20×8年12月31日 20×7年12月31日 $H'X V"<o
存货 16 000 12 000 ftavbNR`W
流动资产 60 000 50 000 FkupO
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总资产 100 000 90 000 i!dv0|_
流动负债 20 000 18 000 2vKx]w
总负债 30 000 25 000 N 6O8Wn
在审计过程中,约翰发现以下事项: }GnwY97
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: q cA`)j
借:银行存款5 820 000 9f}XRz
财务费用 180 000 7TX,
T|>9
贷:应收票据6 000 000 w.+Eyu_I\
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: lZt(&^T
借:营业外支出 3 000 000 I]J*BD#n.
贷:预计负债 3 000 000 "!Rw)=7O
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 4DO/rtkVq
借:预计负债 3 000 000 8xI`jE"1
贷:银行存款 2 500 000 Y5!b)vke
营业外收入 500 000 )Z@-DA*Q-
要求: I(n* _
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(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 8<)$z?K
(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: r7!J&8;{K
(a)20×8年存货周转率 z]$j7 dp
(b)20×8年销售毛利率 ;
a/cty0Ch
(c)20×8年总资产净利率 bn 4
&O
(d)20×8年12月31日的流动比率 NyI;v=
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) ]Bb7(JX
【答案】 26:evid
(1)应选择营业收入作为计算重要性水平的基础。 2Q$\KRE
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ij&p4
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 o;-<|W>
销售毛利率=(64000-54000)/64000×100%=15.63% _&
4its
总资产净利率=30/[(100000+90000)/2]=0.03% Q)Dwq?
流动比率=60000/20000=3 h[ 6hM^n
(3) .Tm- g#
a.应建议做如下审计调整分录: %f[Ep 3D
借:应收票据 6 000 000 }w!ps{*
贷:短期借款 5 820 000 ,\hYEup
财务费用 180 000 ]u&dJL
b.应建议做如下审计调整分录: iM64,wnA
借:预计负债 3 000 000 `f ' C[a"
贷:营业外支出 500 000 `.k5v7!o
其他应付款 2 500 000 u5gZxO1J5