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)。 a5ZU"6Hi
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: 7;RhA5M
(Expressed in RMB thousands) /=I&-gxC
FINANCLAL STATEMENTS ITEMS uSCF;y=1g,
20×8 ?rID fEvV
20×7 cZI )lX
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Sales ;SoKX?up5
64000 ln%xp)t
48000 BTjfzfO"
Ac;rMwXk#
Cost of sales jjbBv~vs
54000 H6(kxpOI\
42000 UOHU1.3$T
Z3?,r
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Net profit X{zg-k(@
30 XlIRedZ{
-20 7_C;-
.WM 0x{t/
|3{DlZ2S
December 31, 20×8 N p9N#m?
December 31, 20×7 1| "s_m>g
Fq/?0B8
Inventory <Z5ak4P
16000 9XWHr/-_@
12000 3"=% [
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Current assets b:3n)-V{ u
60000 'WK}T)o
50000 ;@p2s'(
R r! PU
Total assets W$LaXytmak
100000 BE. v+'c"
90000 U">J$M@
Li~(kw3
Current liabilities %^s;{aN*!
20000 4]9+
18000 7NC
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z3+y|nx!
Total liabilities oT2h'gu")
30000 ~01
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25000 {N1Ss|6
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F{}mlQg
During the audit, John has the following findings: bK;I:JK3
(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: , f9V`Pz)
Dr. Cash in Bank RMB 5820000 ?:l3O_U5
Dr. Financial Expenses RMB 180000 -y]\;pbZ0
Cr. Notes Receivable RMB 6000000 >m='
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(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: W
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Dr. Non-operating Expenses RMB 3000000 ULc oti=,
Cr. Provisions RMB 3000000 {a`t1oX(
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ,73kh
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: *A C){M
Dr. Provisions RMB 3000000 e3w4@V`
Cr. Cash in Bank RMB 2500000 Nq'Cuwsp
Cr. Non-operating Income RMB 500000 .Tr!/mf_
Required: Dyv 6K_,
(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. [tYly`F
(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: ?B
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(a)Inventory Turnover Rate in 20×8; YT\x'`>Q
(b)Gross Profit Ratio in 20×8; ,jJ&x7ra8
(c)After Tax Return on Total Assets in 20×8; and O{Bll;C
(d)Current Ratio as at December 31, 20×8 ;okFm
(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. [1Pw2MC<
【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。 8 tMfh
以下是未经审计财务报表的部分信息: V`xZ4 i%L
(单位:千元) t mAj
项目 20×8 20×7 @wO"?w(
营业收入 64 000 48 000 SA
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营业成本 54 000 42 000 ol]"r5#Q_H
净利润 30 -20 rT$J0"*=
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20×8年12月31日 20×7年12月31日 OB"Ur-hJ0
存货 16 000 12 000 lc1?Vd$
流动资产 60 000 50 000 DM"nxTVre
总资产 100 000 90 000 gyi<ot;
流动负债 20 000 18 000 X v;} !z
总负债 30 000 25 000 Zwj\H
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在审计过程中,约翰发现以下事项: ,b;eU[!]
(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: ?K,xxH
借:银行存款5 820 000 &K2J$(.t
财务费用 180 000 Z)E[B
v=
贷:应收票据6 000 000 k(l
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: 2{^k*Cfd
借:营业外支出 3 000 000 q]Y [W1
贷:预计负债 3 000 000 j2O?]M
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: mlC_E)Ed5
借:预计负债 3 000 000
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贷:银行存款 2 500 000 L=Cm0q 3v
营业外收入 500 000 ioxsx>e<
要求: _ dFZR
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 9pAklD 4
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: <P&~k\BuF{
(a)20×8年存货周转率 !ceT>i90h
(b)20×8年销售毛利率 LASR
*
(c)20×8年总资产净利率
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(d)20×8年12月31日的流动比率 i'Vrx(y3
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) y9W6e"
【答案】 "fWAp*nI3t
(1)应选择营业收入作为计算重要性水平的基础。 ,>(/}=Z.
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 bvdAOvxChW
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 AQX~do\A
销售毛利率=(64000-54000)/64000×100%=15.63% qMy>:,)Z
总资产净利率=30/[(100000+90000)/2]=0.03% x3ds{Z$,>(
流动比率=60000/20000=3 4o7(cP
(3) xj6ht/qq
a.应建议做如下审计调整分录: 5 :O7c Br
借:应收票据 6 000 000 f-6hcd@Ca
贷:短期借款 5 820 000 Fkgnc{NI
财务费用 180 000 vLQ!kB^\W
b.应建议做如下审计调整分录: s9t`!
借:预计负债 3 000 000 #H9J/k_
贷:营业外支出 500 000 'N1_:$z@(
其他应付款 2 500 000 R5O{;/w