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)。 t5jhpPVf
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:
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(Expressed in RMB thousands) n7, 6a
FINANCLAL STATEMENTS ITEMS JIY ^N9_
20×8 #
nc@!+
20×7 g]iy-,e
:WfB!4%!
Sales { ck
64000 Z;~E+dXC
48000 #`vGg9
<E}]t,'3
Cost of sales @'<j!CqQ
o
54000 ,5<`+w#a
42000 Eps\iykB
bF Y)o Z
Net profit [q>i
30 xZ @O"*{
-20 eVCkPv*
Acq>M^
E3
P"PeLB9K
December 31, 20×8 Ay"2W%([`
December 31, 20×7 {u_k\m[Y
.{]c&Ef+f
Inventory <C.$Db&9
16000 !DX/^b
12000 9CU6
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E=1/
Current assets N>6yacTB
60000 2W:?#h3
50000 pXT$Y8M
#L
4Kwy
Total assets ! ?U^+)^$
100000 }Mb'tGW
90000 U9p.Dh~)vG
1-]x
Current liabilities NK#"qK""k
20000 @8M2'R\
18000 !qGx(D{\
>/H
U'
Total liabilities %
qjyk=z+Z
30000 7@y!R
25000 R A
uAIiQ
^Lv^W
d
>"$^${
During the audit, John has the following findings: ~lalc ^
(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: HAUTCX
Dr. Cash in Bank RMB 5820000 +uiH0iGS
Dr. Financial Expenses RMB 180000 ]Y:
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Cr. Notes Receivable RMB 6000000 DdS3<3]A
(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: gK#fuQ$hH
Dr. Non-operating Expenses RMB 3000000 ZR q}g:
Cr. Provisions RMB 3000000 bb:|1D
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 KjfKo;T
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_{ Y+
Dr. Provisions RMB 3000000 F']%q 0
Cr. Cash in Bank RMB 2500000 cLko
Cr. Non-operating Income RMB 500000 k-DB~-L
Required: {6y.%ysU
(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. -"dy z(
(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: F-7b`cF9[r
(a)Inventory Turnover Rate in 20×8; K\E]X\:
(b)Gross Profit Ratio in 20×8; D*r Zaqy
(c)After Tax Return on Total Assets in 20×8; and E29gnYxu8
(d)Current Ratio as at December 31, 20×8 _DvPF~
(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. |`;1p@w"
【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。 :2Rci`lp
以下是未经审计财务报表的部分信息: ;s
B:s9M
(单位:千元) "JLhOTPaHf
项目 20×8 20×7 nIKT w
营业收入 64 000 48 000 DHNii_w4v
营业成本 54 000 42 000 SU}oKii
/
净利润 30 -20 C\>Mt
y~ 4nF
20×8年12月31日 20×7年12月31日 ecI
2]aKi
存货 16 000 12 000 T0"0/{5-_
流动资产 60 000 50 000 `ur9KP4Dq
总资产 100 000 90 000 C2|2XL'l(C
流动负债 20 000 18 000 z2q5f:d8
总负债 30 000 25 000 bYU+-|54
在审计过程中,约翰发现以下事项: 8]MzOGB8
(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^\&.63(
借:银行存款5 820 000 $M<