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)。 lv$tp,+
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: HlI*an
(Expressed in RMB thousands) 5^0W\
FINANCLAL STATEMENTS ITEMS pmQ9iA@=
20×8 XL} oYL]}&
20×7 Zf?>:P
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Sales Q !S"=2
64000 3&3S*1b-H
48000 4V<s"
M@8
<^CK
Cost of sales g%RL9-z
54000 a8Ci 7<V
42000 P"3{s+ r
/p X\)wi
Net profit =<a`G3SY!
30 10}\7p8
-20 UKk~)Of
;wTl#\|w0
(y#8z6\dx
December 31, 20×8 )ZNH/9e/
December 31, 20×7 I.q nA
g4I(uEJk
Inventory #Du1(R
16000 `4 w0*;k;
12000 gt'0B-;W
"{L%5:H@
Current assets *>S\i7RET
60000 p~+)!Z#
50000 -i?!em'J
XP6R$0yN
Total assets -br/
100000 /-G;#Wm
90000 dO rgqz`e
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Current liabilities )Q6R6xW
20000 'S@C,x%2,
18000 >9Ub=tZm
ldi'@^
Total liabilities G~u94r
w|:
30000 /e#_Yg
25000 cKFzn+
ihf5`mk/$
q=UKL`;C}U
During the audit, John has the following findings: TQ>kmHWf/
(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: }UQBaqDH
Dr. Cash in Bank RMB 5820000 }_gCWz-5?
Dr. Financial Expenses RMB 180000 jo{GPp}
Cr. Notes Receivable RMB 6000000 YG"P:d;s
(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: eP[azC"G[
Dr. Non-operating Expenses RMB 3000000 e!
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Cr. Provisions RMB 3000000 jyLpe2 S
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 wgzjuTqwBF
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;E9"7Jo
Dr. Provisions RMB 3000000 aq,&W
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Cr. Cash in Bank RMB 2500000 OHM.xw*?.
Cr. Non-operating Income RMB 500000 O2ety2}?f
Required: Qighvei
(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. cz&Qoyh{;
(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: kM]?
(a)Inventory Turnover Rate in 20×8; )bw^!w)
(b)Gross Profit Ratio in 20×8; C03ehjT<
(c)After Tax Return on Total Assets in 20×8; and ~\:+y
(d)Current Ratio as at December 31, 20×8 )uZ<?bkQ
(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. )5Gzk&|
【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。 5JIa?i>B
以下是未经审计财务报表的部分信息: H@,jNIh~h
(单位:千元) Y@_ i32,r
项目 20×8 20×7 76mQ$ze
营业收入 64 000 48 000 mY#[D;mUe
营业成本 54 000 42 000 zZ
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净利润 30 -20 .+|G`*1<i
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20×8年12月31日 20×7年12月31日 !$qNugLg
存货 16 000 12 000 <yE(p
流动资产 60 000 50 000 .nKyB'uV
总资产 100 000 90 000 u23^
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流动负债 20 000 18 000 F+*:
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总负债 30 000 25 000 V,*YM
在审计过程中,约翰发现以下事项: y 3c]zDjV
(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: KX[_eOL
借:银行存款5 820 000 9I+;waLlB
财务费用 180 000 \SA5@
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贷:应收票据6 000 000 QYyF6ht=!
(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: Uj1^?d+b
借:营业外支出 3 000 000 =JX.*
MEB
贷:预计负债 3 000 000 #@3RYx
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: 9%>H}7=
借:预计负债 3 000 000 FFK79e/5
贷:银行存款 2 500 000 zp
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营业外收入 500 000 z!D >l
要求: 3yZtyXRPn
(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。 Y}(v[QGV
(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: ;BejFcb
(a)20×8年存货周转率 ^['% wA%
(b)20×8年销售毛利率 S2;{)"mS
(c)20×8年总资产净利率 Q?I)1][ !"
(d)20×8年12月31日的流动比率 ?K|PM<A
(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) >.\G/'\?
【答案】 V-O 49
(1)应选择营业收入作为计算重要性水平的基础。 e7>)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。 "|.>pD#0&
#:DDx5%x<b
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 M!;H3*
销售毛利率=(64000-54000)/64000×100%=15.63% t`Mm
总资产净利率=30/[(100000+90000)/2]=0.03% eLL>ThMyW
流动比率=60000/20000=3 uy~5!i&
(3)
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a.应建议做如下审计调整分录: s7D_fv4e
借:应收票据 6 000 000 Q^b_+M
贷:短期借款 5 820 000 WK:~2m&y
财务费用 180 000 'g|%Ro/
b.应建议做如下审计调整分录: Gxy>aS3
借:预计负债 3 000 000 MS_&;2
贷:营业外支出 500 000 #HJ F==
其他应付款 2 500 000 `IFt;Ja\6