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)。 #fFEo) YG
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: Q0r_+0[7j
(Expressed in RMB thousands) jeJGxfi i
FINANCLAL STATEMENTS ITEMS ;bZ)q
20×8 :H?p^d
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20×7 }vm17`Gfy
H8\N~>
Sales ck
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64000 beq)Frn^
48000 G?[#<W@+
F\XzP\
Cost of sales 9@S
icqx
54000 hTy#Q.=
42000 3)T5}_
uxR_(~8
Net profit 9(H8MUF0{
30 bG5c~
-20 AQFx>:in
lID5mg31
)`U T#5
December 31, 20×8 mB!81%f%|
December 31, 20×7 +\{!jB*g
0.Iw/e
Inventory ?$o8=h
16000 HFf|
>&c&
12000 UL{Xe&sT
|g7E*1Ie
Current assets ; id
60000 J"SAA0)@
50000 B'=*92i>S
kp0>8rkF
Total assets - BocWq\
100000 Ds-%\@p
90000 vF*H5\ m<a
F 6SIhf.;
Current liabilities d$>1 2>>
20000 )\s:.<?EQ
18000 W`;E-28Dg
]r#tJT`M
Total liabilities ~fS#)X3 D
30000 lk+)-J-lj'
25000 KR z\ct|
"cti(0F-d
.2u %;)S
During the audit, John has the following findings: .!Z.1:YR
(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: ebQYk$@
Dr. Cash in Bank RMB 5820000 ^91k@MC
Dr. Financial Expenses RMB 180000 Bg34YmZ
Cr. Notes Receivable RMB 6000000 7-(tTBH
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: !Dun<\
Dr. Non-operating Expenses RMB 3000000
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Cr. Provisions RMB 3000000 6vmkDL8{A8
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 dLo%+V#/A
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: rb9x||
Dr. Provisions RMB 3000000 ZL@7Mr!e
Cr. Cash in Bank RMB 2500000 < ' T6k\
Cr. Non-operating Income RMB 500000 9@^/ON\O
Required: 6 C
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. n2TvPt\
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: (I\aGGW
(a)Inventory Turnover Rate in 20×8; 4}l,|7_&I
(b)Gross Profit Ratio in 20×8; 8XT
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(c)After Tax Return on Total Assets in 20×8; and Ot(EDa9}IJ
(d)Current Ratio as at December 31, 20×8 ) I@gy
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. ?X=9@ m
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 AR)&W/S)7,
以下是未经审计财务报表的部分信息: /TpM#hkq/2
(单位:千元) Kr8p:$D};
项目 20×8 20×7 /Bb\jvk-E
营业收入 64 000 48 000 /LJ?JwAvg5
营业成本 54 000 42 000 w\85D|u
净利润 30 -20 .'SM|r$
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20×8年12月31日 20×7年12月31日
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存货 16 000 12 000 whvM^
流动资产 60 000 50 000 Q%@l`V)Rs
总资产 100 000 90 000 A 8&%G8d
流动负债 20 000 18 000 )0/DY
总负债 30 000 25 000 ydBoZ3 }
在审计过程中,约翰发现以下事项: A87Tyk2Pi
(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: VP|9Cm=Fg
借:银行存款5 820 000 RJ@d_~%U
财务费用 180 000 Mc{1Cdj
贷:应收票据6 000 000 )%)?M
*
(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: "< [D1E\
借:营业外支出 3 000 000 EV]exYWB
贷:预计负债 3 000 000 ?2Bp
^3ytJ
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: *USZ2|i
借:预计负债 3 000 000 `
R^[s56wp
贷:银行存款 2 500 000 )D(XDN
营业外收入 500 000 nfl6`)oW
要求: jLcW;7OAC
(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。 W"z!sf5U
(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: L(}T-.,Slr
(a)20×8年存货周转率 vsLn@k3
(b)20×8年销售毛利率 oA73\BFfP
(c)20×8年总资产净利率 jtl7t59R
(d)20×8年12月31日的流动比率 v!40>[?|p
(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) r@wWGbQ|L
【答案】 t t#M4n@
(1)应选择营业收入作为计算重要性水平的基础。 a*=\-;HaZ
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ~D
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 OHe<U8iu%
销售毛利率=(64000-54000)/64000×100%=15.63% Jw9|I)H
总资产净利率=30/[(100000+90000)/2]=0.03% 3
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流动比率=60000/20000=3 A2F+$N
(3) H@OYtPHGR
a.应建议做如下审计调整分录: u:fiil$
借:应收票据 6 000 000 |1;0q<Ka
贷:短期借款 5 820 000 2Xgn[oI{
财务费用 180 000 HQTB4_K\
b.应建议做如下审计调整分录: 5Ss=z
借:预计负债 3 000 000 R1A!ob
贷:营业外支出 500 000 5AQ $xm4
其他应付款 2 500 000 YAd.i@^