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)。 xnTky1zq
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: FpEdwzBb<
(Expressed in RMB thousands) N'StT$(
FINANCLAL STATEMENTS ITEMS 4^r}&9C~
20×8 iDA`pemmi&
20×7 jB;+tDC!Co
AWzpk}\
Sales &}oDSD
H^,
64000 sQkP@Y
48000 U"Y$7~
)L?Tq"hy
Cost of sales >_o_&;=`v
54000 oUqNA|l
T
42000 JQb]mU%?
8`D_"3j3g\
Net profit Z7Kc`9.0|
30 Ez)Go6Q
-20 g!8-yri
nsPM`dz/
eNNK;xXe#
December 31, 20×8 p=zjJ~DVd
December 31, 20×7 mxIEg?r(
^l9S5
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Inventory `7LdF,OdE
16000 nm)F tX|A
12000 jH8F^KJM[
!@Ox%vK
Current assets 5o,82Kti
60000 }\@*A1*X2
50000 ms?h/*E<H
$I.'7
&h;
Total assets qnOAIP:0
100000 7-^d4P+|g
90000 \oi=fu=}*
vXc<#X9
Current liabilities oyUf/Sl
20000 ykZ)`E]P`
18000 ZjzQv)gZ
A9"ho}<
Total liabilities c9Cp!.#*E
30000 az w8BK
25000 j9Lc2'
de"*<+
<+6)E@Y
During the audit, John has the following findings: rIXAn4,dTv
(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: +=||c\'
Dr. Cash in Bank RMB 5820000 5n_<)Ycj
Dr. Financial Expenses RMB 180000 'p<(6*,"
Cr. Notes Receivable RMB 6000000 z2r{AQ.&
(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: =KX:&GU
Dr. Non-operating Expenses RMB 3000000 ~
^K[pA ?
Cr. Provisions RMB 3000000 v8LKv`I's
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 =4?m>v,re
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: @Fo0uy\G
Dr. Provisions RMB 3000000 1e}wDMU(
Cr. Cash in Bank RMB 2500000 +Ta7b)
Cr. Non-operating Income RMB 500000 }%%| '8
Required: =ahD'*R^A
(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. rwU[dqBRhc
(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: mX
%;
(a)Inventory Turnover Rate in 20×8; o0AREZ+I
(b)Gross Profit Ratio in 20×8; $} ~:x_[
(c)After Tax Return on Total Assets in 20×8; and (|S e+Y#e,
(d)Current Ratio as at December 31, 20×8 -\>Xtix^-c
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. =l
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【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 */6PkNq
以下是未经审计财务报表的部分信息: [~x
Ql
(单位:千元) n]|[|Rf1
项目 20×8 20×7 9] l7j\L
营业收入 64 000 48 000 hEDj"`Px
营业成本 54 000 42 000 4PNl3N3,n
净利润 30 -20 P>:"\I[
'y@0P5[se
20×8年12月31日 20×7年12月31日 F$d`Umqs;P
存货 16 000 12 000 |Kb-oM&^#
流动资产 60 000 50 000 wL~
dZ!,J
总资产 100 000 90 000 Tc{r}y[)
流动负债 20 000 18 000 9kTU|py
总负债 30 000 25 000 k5|h8%h8
在审计过程中,约翰发现以下事项: PX+$Us
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: tlc&Wx
借:银行存款5 820 000 {eS!cZJ
财务费用 180 000 Bisht%]^
贷:应收票据6 000 000 8hdd1lVKO8
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: JWC{ "6
借:营业外支出 3 000 000 gzxLHPiw
贷:预计负债 3 000 000 gwNv;g
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: \
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借:预计负债 3 000 000 wuI+$?
贷:银行存款 2 500 000 hmQD-E{Ab
营业外收入 500 000 =Bl#CE)X
要求: Wo\NX05-?
(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。 iYR8sg[' #
(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: c/b}39X
(a)20×8年存货周转率 ;4%^4<+3
(b)20×8年销售毛利率 dnH?@K
(c)20×8年总资产净利率 'xhX\?mD
(d)20×8年12月31日的流动比率 dYW19$W
n
(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) n hS=t8H
【答案】 !'MZeiLP
(1)应选择营业收入作为计算重要性水平的基础。 a,!
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 g?)9zJ9
Jva&"}Cb
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 L=?Yc*vg
销售毛利率=(64000-54000)/64000×100%=15.63% 0Kq\ oMn
总资产净利率=30/[(100000+90000)/2]=0.03% qa2QS._m
流动比率=60000/20000=3 D>PB|rS@
(3) [.;VCk)0x
a.应建议做如下审计调整分录: [{L4~(uU8
借:应收票据 6 000 000 nTyKZ(#u
贷:短期借款 5 820 000
nz~3o
财务费用 180 000 !'[f!vsyM{
b.应建议做如下审计调整分录: :voQ#f=
借:预计负债 3 000 000 Syo1Dq6z.
贷:营业外支出 500 000 R=xT \i{4h
其他应付款 2 500 000 L6O*aZ|