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)。 Nm&'&L%Ch
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: [Lji LKW
(Expressed in RMB thousands) a+lNXlh=
FINANCLAL STATEMENTS ITEMS sjLMM_'
20×8
b`+
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20×7 7c(j1:Ku-
AcnY6:3Y|
Sales J#Y0R"fo
64000 _GxC|d
48000 ~;$QSO\2h
o NA ]G]
Cost of sales SW}Rkr\e
54000
{,Vvm*L/
42000 <& PU%^Ha
x f{`uHa8
Net profit x#SE%j?
30 2Cy,#X%j>
-20 Q]=/e7
g
#74c'+
C=oeRc'r1W
December 31, 20×8 l:@=9Fp>
December 31, 20×7 pJe!~eyHm
C;:=r:bth
Inventory "aKlvK:77
16000 &8i$`6wY
12000 t=}]4&Yp
nU{Qi;0
Current assets BhAT@%
60000 BJ3<"D{.*4
50000 Jf=V<
<ivG(a*=]
Total assets Z}0{FwW"4
100000 Z>g&%3j
90000 {06-h %qr
om`B:=+
Current liabilities 7=yM40
20000 d`V.i6u
18000 aTm R~k
^bP
pcm=
Total liabilities :](#W@
r
30000 .53 M!
25000 ?;UR9f|!
:D3:`P>,c
Ms5qQ<0v_
During the audit, John has the following findings: I:DAn!N-A*
(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: <L8FI78[*
Dr. Cash in Bank RMB 5820000 ehB'@_y
Dr. Financial Expenses RMB 180000 1O0)+9T82
Cr. Notes Receivable RMB 6000000 yy/'B:g
(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: 5V(#nz
Dr. Non-operating Expenses RMB 3000000 PJm@fK(j
Cr. Provisions RMB 3000000 71E~~ $
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 a.UYBRP/l
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: 6`'g ${U
Dr. Provisions RMB 3000000 Lbrn8,G\
Cr. Cash in Bank RMB 2500000 ))dqC l
Cr. Non-operating Income RMB 500000 5#|&&$)
Required: 0@{bpc rc
(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. $A 5O>
(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: sd+_NtH
(a)Inventory Turnover Rate in 20×8; 8q]"CFpa
(b)Gross Profit Ratio in 20×8; _0u=}tc
(c)After Tax Return on Total Assets in 20×8; and oVP,ar0G
(d)Current Ratio as at December 31, 20×8 ~eP~c"L
(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. dEMv9"`*!
【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。 $D65&R
以下是未经审计财务报表的部分信息: WQCnkP
(单位:千元) $;=^|I4E
项目 20×8 20×7 '-f` 5 X
营业收入 64 000 48 000 t5b cQ@Y
营业成本 54 000 42 000 pheu4
8/f
净利润 30 -20 P}
Mu|AEG
3TjyKB *!
20×8年12月31日 20×7年12月31日 %LHt{:9.
存货 16 000 12 000 .%J<zqk-
流动资产 60 000 50 000 X xwcvE
总资产 100 000 90 000 v h)CB8
流动负债 20 000 18 000 89 m.,
总负债 30 000 25 000 .#tA .%
在审计过程中,约翰发现以下事项: ?r)>SB3(e
(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: 2 7dS.6
借:银行存款5 820 000 [Pq
|6dz
财务费用 180 000 U3]/ NV*
贷:应收票据6 000 000 ^j.3'}p
(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: p;o "i_!
借:营业外支出 3 000 000 %kkDitmI{
贷:预计负债 3 000 000 @S~n^v,)
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: Z{%W!>0
借:预计负债 3 000 000 s H'FqV,)
贷:银行存款 2 500 000 'Q]Wk75
营业外收入 500 000 .&b c3cW
要求: oMM@{Jp
(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。 01
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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: cRag0.[
(a)20×8年存货周转率 7|Wst)_~j
(b)20×8年销售毛利率 4\V/A+<W
(c)20×8年总资产净利率 )2d1@]6#
(d)20×8年12月31日的流动比率
V$$9Rh
(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) 2XUIC^<@s
【答案】 07(LLhk@d
(1)应选择营业收入作为计算重要性水平的基础。 Fm&f
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 0RCp
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 r4 5}o
销售毛利率=(64000-54000)/64000×100%=15.63% $*XTX?,'
总资产净利率=30/[(100000+90000)/2]=0.03% &432/=QSm0
流动比率=60000/20000=3 3h o'\Ysu/
(3) =NK'xPr
a.应建议做如下审计调整分录: if1)AE-
借:应收票据 6 000 000 1"<{_&d1
贷:短期借款 5 820 000 3WGOftLzt
财务费用 180 000 /a}N6KUi
b.应建议做如下审计调整分录: K-.%1d@$y
借:预计负债 3 000 000 U
CFw+
贷:营业外支出 500 000 ei]Q<vT6
其他应付款 2 500 000 $K\;sn; |: