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)。 X oh@ (%
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: @zSj&4
(Expressed in RMB thousands) \_AoG8
B
FINANCLAL STATEMENTS ITEMS A4f;ftB
20×8 0oo*F
20×7 8QN/D\uq
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Sales ad`=A V ]
64000 la89>pF
48000 ]h}O&K/
/[UuHU5*R
Cost of sales Rj~y#m
54000 ky@DH(^>
42000 gutf[Ksu
Jb]22]
Net profit 884 -\M"h
30 R6qC0@*
-20 \vp^[,SI
<gx"p#JbZ
wo_iCjmK
December 31, 20×8
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December 31, 20×7 G[\3)@I
,<<HkEMS
Inventory I0(nRu<
16000 js)I%Z
12000 xqzB=0
9~yp=JOV@
Current assets og8"#%
60000 MTeCmFe0;
50000 Tizjh&*^
N A9ss
Total assets jQY
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100000 ~0Xx]
90000 <x\I*%(
b~Oc:
Current liabilities w"A%@<V3Ec
20000 "Sd2VSLg
18000 }R)A%FKi@
@po|07
Total liabilities [:cZDVaA|
30000 JbW!V Y
25000 Df=zrs["
tk'3Q 1L
Nt_7Z
During the audit, John has the following findings: D]WU,a[$Bc
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: l5,}yTUta
Dr. Cash in Bank RMB 5820000 rI4N3d;C
Dr. Financial Expenses RMB 180000 a~O](/+p;
Cr. Notes Receivable RMB 6000000 Nj;G%KAP
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 5vj tF4}7!
Dr. Non-operating Expenses RMB 3000000 JsbH'l
Cr. Provisions RMB 3000000 MI*@^{G
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 e%.|PZ)
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: G,A;`:/
Dr. Provisions RMB 3000000 E/uKzzD9
Cr. Cash in Bank RMB 2500000 p$bR M`R&s
Cr. Non-operating Income RMB 500000 XOd
Required: 1}b1RKKj<
(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. Dv-ubki
(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: c9axzg
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(a)Inventory Turnover Rate in 20×8; )GF>]|CG
(b)Gross Profit Ratio in 20×8; oSB0P
(c)After Tax Return on Total Assets in 20×8; and j!hdi-aTU
(d)Current Ratio as at December 31, 20×8 `#>JRQ=
(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. C}cYG
【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。 \%/zf
以下是未经审计财务报表的部分信息: L*Q#!_K0P
(单位:千元) J)a^3>
项目 20×8 20×7 b2HHoIT
营业收入 64 000 48 000 _,5)
营业成本 54 000 42 000 e?eX9yA7F
净利润 30 -20
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]>k>Z#8E*
20×8年12月31日 20×7年12月31日 $sBje*;
存货 16 000 12 000 Y)OTvKrOA
流动资产 60 000 50 000 Z*Jp?[##
总资产 100 000 90 000 I85bzzZB
流动负债 20 000 18 000 zoI0oA
总负债 30 000 25 000 ?^W`7H F%0
在审计过程中,约翰发现以下事项: Hy0l"CA*|
(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: GJIM^
借:银行存款5 820 000 $09PZBF,i
财务费用 180 000 3rQ;}<*M
贷:应收票据6 000 000 ^=gzms
(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: kmfxk/F}
借:营业外支出 3 000 000 u[2B0a
贷:预计负债 3 000 000 (DrDWD4_
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: $Hbd:1%i
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借:预计负债 3 000 000 )A H)*Mg
贷:银行存款 2 500 000 @I,:(<6
营业外收入 500 000 lVc':,z
要求: T|FF&|Pk
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 !$|
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(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:
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(a)20×8年存货周转率 Zfub+A
(b)20×8年销售毛利率 sQ8_j
(c)20×8年总资产净利率 Mk$Pt
(d)20×8年12月31日的流动比率 @-F[3`HeA
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响)
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【答案】 zQhc
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(1)应选择营业收入作为计算重要性水平的基础。 u*i[A\Y
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 qz2j55j
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 <>|/U `
销售毛利率=(64000-54000)/64000×100%=15.63% o?\v
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总资产净利率=30/[(100000+90000)/2]=0.03% \:D'u<8E
流动比率=60000/20000=3 9#A&Qvyywg
(3) xfJ&11fG2
a.应建议做如下审计调整分录: I3$/#
借:应收票据 6 000 000 Kx@;LRY#
贷:短期借款 5 820 000 G'qGsKf\
财务费用 180 000 JK@"
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b.应建议做如下审计调整分录: BavGirCp
借:预计负债 3 000 000 sLh %k
贷:营业外支出 500 000 zP$Ef7bB
其他应付款 2 500 000 dN)!B!*aI