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)。 :QVGY^c
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: =T-w.}27O
(Expressed in RMB thousands) o;[oy#aWl_
FINANCLAL STATEMENTS ITEMS -:,h8JyMP
20×8 _(hwU>.
20×7 Zx_m?C_2_
pR"qPSv'
Sales +6=!ve}
64000 c&++[
48000 ZwMw g t
<} %ir,8
Cost of sales +[ItkfSod!
54000 "YL-!P
42000 TI>yi ^}
D}T,z
Net profit asg>TOW
30 Cu:Zn%
-20 b5DrwX{Ff
ca=e_sg
OLrD4 e
December 31, 20×8 ju#63
December 31, 20×7 Ro<kp8
K +~v<F
Inventory `y}d)"!
16000
gnXjd}
12000 +!vRU`
{<kG{i/
Current assets RY{tX`
60000 R~~rqvLm
50000 u3vmC:bV
vNC0M:p,
Total assets %'e(3;YI
100000 eEQ[^i
90000 x1wxB
1)2
mB{{o}'<u
Current liabilities LzRiiP^q
20000 9#<Og>t2y
18000 NJ>p8P`_k
0?SLRz8
Total liabilities :,m)D775S
30000 G+uiZ(p>
25000 0>iFXw:fn
FE}!bKh
Yys~p2
During the audit, John has the following findings: hli10p$
(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: %v[Kk-d
Dr. Cash in Bank RMB 5820000 |8 bO5l:
Dr. Financial Expenses RMB 180000 `fZD%o3l
Cr. Notes Receivable RMB 6000000 cO,V8#H
(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: 'c&@~O;^d
Dr. Non-operating Expenses RMB 3000000 Net)l@IB]
Cr. Provisions RMB 3000000 /\rq$W_
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 #OWs3$9
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: hyiMOa
Dr. Provisions RMB 3000000 ht)nx,e=
Cr. Cash in Bank RMB 2500000 |QLX
..
Cr. Non-operating Income RMB 500000 7Zt\G-Q
V
Required: yvCR = C
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. u!o]Co>
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 5lnSa+_/f
(a)Inventory Turnover Rate in 20×8; rxj@NwAno
(b)Gross Profit Ratio in 20×8; OZD!#YI
(c)After Tax Return on Total Assets in 20×8; and ti^v%+r1
(d)Current Ratio as at December 31, 20×8 *W12Rb2
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. GQ2PmnV+
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 W@,p9=425
以下是未经审计财务报表的部分信息: A&c@8
(单位:千元) cTd;p>:>m
项目 20×8 20×7 TE%
#$q
营业收入 64 000 48 000 lt6;*z[
营业成本 54 000 42 000 3]<re{)J9O
净利润 30 -20 &_d/ciq1f
cEc,eq|
20×8年12月31日 20×7年12月31日 `QdQ?9x{F
存货 16 000 12 000 *3O >J"
流动资产 60 000 50 000 K;p<f{PE
总资产 100 000 90 000 {Y91vXTz7
流动负债 20 000 18 000 v
o
;F ;
总负债 30 000 25 000 4iNbK~5j
在审计过程中,约翰发现以下事项: &4Con%YU[
(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: oNB,.:
借:银行存款5 820 000 0^_lj9B!
财务费用 180 000 @GQ8q]N:<
贷:应收票据6 000 000 !?o$-+a|
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: <;cE/W}}
借:营业外支出 3 000 000 yv)nW::D(
贷:预计负债 3 000 000 &
8'(
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: ggI=I<7M
借:预计负债 3 000 000 c5E#QV0&v~
贷:银行存款 2 500 000 H [Lt%:r
营业外收入 500 000 s
S5fd)x
要求: i*CQor6|z
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 rS )b1nPA
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: zk5=Opmvh
(a)20×8年存货周转率 <*
"pra{3
(b)20×8年销售毛利率 q{cp|#m#G
(c)20×8年总资产净利率 *Z`XG_ s5
(d)20×8年12月31日的流动比率 LuP?$~z
(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) ]hE+$sKd
【答案】 qC1U&b#MVx
(1)应选择营业收入作为计算重要性水平的基础。 XDkS
^9
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 )p<fL
<s/<b*T
^
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 'DzBp
销售毛利率=(64000-54000)/64000×100%=15.63% ^'&iYV
总资产净利率=30/[(100000+90000)/2]=0.03% oWDSK^
流动比率=60000/20000=3 a,~D+s;^
(3) Nxb\[
a.应建议做如下审计调整分录: px_s@>l`
借:应收票据 6 000 000 YxEbg(Y
贷:短期借款 5 820 000 8nIM
ZV
财务费用 180 000 K2xH'v
O (
b.应建议做如下审计调整分录: .3a:n\tY
借:预计负债 3 000 000 Y:%m;b$]
贷:营业外支出 500 000 1GG>.RCP
其他应付款 2 500 000 lMBX!9z