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)。 *,%$l+\h
John, CPA, is auditing the financial statements of Company A for the year ended December 31, 20×8. The un-audited information of selected financial statements items is as follows: RjTGm=1w
(Expressed in RMB thousands) f8aY6o"i
FINANCLAL STATEMENTS ITEMS z6rT<~xZtu
20×8 iRlpNsN
20×7 HyOrAv
<
\G7F/$
g
Sales &6
<a<S
64000 [
p~,;%
48000 <<E9MIn_
zH6@v+gb
Cost of sales "P54|XIJ\
54000 yN0`JI
42000 y Vm>Pj6
x#N_h0[i
Net profit #.
[eZ[
30 ?w'86^_z
-20 s,8zj<dUv
vp.?$(L^@/
; :q
December 31, 20×8 |#M|"7;2z
December 31, 20×7 )wCNLi>4
M?L$xE_&
Inventory o kA<
16000 j7Ts&;`[*
12000 yz=X{p1
=-X-${/
Current assets 0Ci/-3HV!
60000 YURMXbj
50000 Z
b$]9(RS
rQ_@q_B.
Total assets Cl9 nmyf
100000 h~](9 es
90000 FVBAB>
Qni`k)4
Current liabilities zxCx2.7
20000 {7@*cBqN
18000 B(94; ,(
q~[sKAh
Total liabilities KXK5\#+L
30000 ^r(My}
25000 %)?jaE}[
eh `%E0b}
#Xox2{~
During the audit, John has the following findings: %Q0R]
Hg
(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: la_c:#ho
Dr. Cash in Bank RMB 5820000 0.0-rd>
Dr. Financial Expenses RMB 180000 >h#w~@e::
Cr. Notes Receivable RMB 6000000 (IVhj^dQm
(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: 0kOwA%m
Dr. Non-operating Expenses RMB 3000000 zU+q03l8Ur
Cr. Provisions RMB 3000000 ,!^5w,P:
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 2M'dTXz
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: L/exR6
M7
Dr. Provisions RMB 3000000 0V(}Zj>
Cr. Cash in Bank RMB 2500000 O^row1D_
Cr. Non-operating Income RMB 500000 @`:X,]{
Required: Ec3tfcNhR
(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. 9 %4:eTcp
(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: U4\v~n\
(a)Inventory Turnover Rate in 20×8; vQK/xg
(b)Gross Profit Ratio in 20×8; T-6<qh
(c)After Tax Return on Total Assets in 20×8; and $=N?[h&4
(d)Current Ratio as at December 31, 20×8 ?\, ^>4x?
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. *|dK1'Xr
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 )3:0TFS}}k
以下是未经审计财务报表的部分信息: SnQT1U%
(单位:千元) (H !iK,R
项目 20×8 20×7 !p/?
IW+
营业收入 64 000 48 000 9yC22C:
营业成本 54 000 42 000 ~Ss,he]Er
净利润 30 -20 N\ !
z_fjmqa?
20×8年12月31日 20×7年12月31日 vBl:&99[/
存货 16 000 12 000 M\5|
流动资产 60 000 50 000 ~~h#2SX
总资产 100 000 90 000 bC1G5`v_D
流动负债 20 000 18 000 &tAYF_}
总负债 30 000 25 000 .E}lAd.Mn
在审计过程中,约翰发现以下事项: %csrNf
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 0O>ClE~P
借:银行存款5 820 000 G_S>{<[
财务费用 180 000 eOE*$pH
贷:应收票据6 000 000 +)"Rv%.
(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: Q}L?o
借:营业外支出 3 000 000
q -8G
贷:预计负债 3 000 000 O.
( 2
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: WJnGF3G>
借:预计负债 3 000 000 KRC"3Qt
贷:银行存款 2 500 000 K8&;B)VT>
营业外收入 500 000 A!B.+p[G
要求: ;x/eb g
(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。 /GC&@y0yi
(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: }ARA K ^%
(a)20×8年存货周转率 Fds
11
/c7
(b)20×8年销售毛利率 }r5yAE
(c)20×8年总资产净利率 Pp tuXq%U
(d)20×8年12月31日的流动比率 JN|6+.GG
(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) h&$h<zL[
【答案】 3>aEP5
(1)应选择营业收入作为计算重要性水平的基础。 ?zf3Fn2y
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 \}?X5X>
S
*V}1</L
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 |2u=3#Jp
销售毛利率=(64000-54000)/64000×100%=15.63% sE6>JaH
总资产净利率=30/[(100000+90000)/2]=0.03% #Or;"}P>fB
流动比率=60000/20000=3 S-7&$n
(3) /D3{EjUE=
a.应建议做如下审计调整分录: jfY7ich
借:应收票据 6 000 000 :]m.&r S,
贷:短期借款 5 820 000 vyIH<@@p7
财务费用 180 000 7PX`kI
b.应建议做如下审计调整分录: Szgo@x$^
借:预计负债 3 000 000
yQD>7%x
贷:营业外支出 500 000 Z_\p8@3aH
其他应付款 2 500 000 WQ.0} n}d