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)。 /xySwSmh3
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: vM`7s[oAK
(Expressed in RMB thousands) >AG^fUArH
FINANCLAL STATEMENTS ITEMS Wr5 Q5s)c
20×8 !hCS#'
20×7 SK+@HnKd
@`w n<%o$
Sales 5`~mqqR5
64000 ~:[!Uyp0b
48000
R:/ha(+
p<KIF>rf|
Cost of sales R}r~p?(M
54000 ?,07;>&
42000 VD$Eb
L/?]^!.
Net profit jWvtv ng
30 W"Q!|#;l.
-20 3]/.\(2
#~k[ 6YR 0
Mra35
December 31, 20×8 Ma6W@S
December 31, 20×7 @2
=z}S3O
9t K>gwb
Inventory rbyY8
bX
16000 Zu21L3
12000 dl0FQNz8@B
8o|P&q(v*
Current assets #.ct5
60000 Au.:OeJm
50000 VFj(M
j`}G
uZIJoT
Total assets _D,eyP9P
100000 m`6VKp{YD
90000 40#9]=;}
mS%4gx~~_n
Current liabilities MBw-*K'?zB
20000 3c #s|qW
18000 xWE8Wm
K2rzhHfb
Total liabilities -M4p\6)Ge
30000 f:woP7FP
25000 a1c1k}
#NN ewzC<*
2YOKM#N]
During the audit, John has the following findings: *1A&'T2
(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: U)D[]BVg
Dr. Cash in Bank RMB 5820000 3`F) AWzdr
Dr. Financial Expenses RMB 180000 `rb>K
Cr. Notes Receivable RMB 6000000 tous#(&pK
(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: 2e1]}wlK
Dr. Non-operating Expenses RMB 3000000 zY=jXa)K~
Cr. Provisions RMB 3000000 4w$_]ke
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 GABQUmtH
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{8;Ud_2r
Dr. Provisions RMB 3000000 9V
0}d2d
Cr. Cash in Bank RMB 2500000 3l4NC03I&
Cr. Non-operating Income RMB 500000 kV&9`c+
Required: s B
20/F
(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. bRo|uJ:d
(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: SO{p ;g
(a)Inventory Turnover Rate in 20×8; "y;bsZBd"
(b)Gross Profit Ratio in 20×8; {Wv%zA*8
(c)After Tax Return on Total Assets in 20×8; and h<6UC%'ac
(d)Current Ratio as at December 31, 20×8 SJ?)%[(T
(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. {1-V]h.<J
【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。 e3[:D5
以下是未经审计财务报表的部分信息: 06mlj6hV
(单位:千元) e8P-k3a"5:
项目 20×8 20×7 lr@#^
营业收入 64 000 48 000 pyZ9OA!PD
营业成本 54 000 42 000
..W-76{
净利润 30 -20 Pbu{'y3J
Ykqyk')wm
20×8年12月31日 20×7年12月31日 -db75=
存货 16 000 12 000 Di5(9]o2
流动资产 60 000 50 000 $V>yXhTh
总资产 100 000 90 000 Y&.UIosWb
流动负债 20 000 18 000 {~Tg7<\L
总负债 30 000 25 000 uJU*")\V
在审计过程中,约翰发现以下事项: 1wj:aD?g
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: :a
AEJ
借:银行存款5 820 000 0CExY9@Wq
财务费用 180 000 ,'fxIO
贷:应收票据6 000 000 G"SBYU
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: {QAv~S>4
借:营业外支出 3 000 000 YT#3n
贷:预计负债 3 000 000 9N8I
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20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: *OjKcs
借:预计负债 3 000 000 NH A 5e<
贷:银行存款 2 500 000 m#!=3P7T
营业外收入 500 000 ~B i_7 Q
要求: #Pk$L+C
(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。 H^%lDz
(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: PmpNAVE'
(a)20×8年存货周转率 'tgKe!-@
(b)20×8年销售毛利率 <Zb/
(c)20×8年总资产净利率 p=Q0!!_r
(d)20×8年12月31日的流动比率 |*5 =_vF
(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) XOP"Px@
【答案】 YwEpy(}hJm
(1)应选择营业收入作为计算重要性水平的基础。 &[Xu!LP
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 y046:@v(
8IQtz2
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 9A'Y4Kg<C
销售毛利率=(64000-54000)/64000×100%=15.63% =8Jfgq9E
总资产净利率=30/[(100000+90000)/2]=0.03% eV^d6T$
流动比率=60000/20000=3 /
1UOT\8U
(3) jKIxdY:U
a.应建议做如下审计调整分录: LW6ZAETyL
借:应收票据 6 000 000 F9"w6;hh
贷:短期借款 5 820 000 JuR"J1MY
财务费用 180 000 4R^mI
b.应建议做如下审计调整分录: z;tI D~Y
借:预计负债 3 000 000 {$D,?V@%_
贷:营业外支出 500 000 &)wiKh"$
其他应付款 2 500 000 nQX+pkJ