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)。 Ob`d
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: &/]Fc{]^$f
(Expressed in RMB thousands) x!58cS*
FINANCLAL STATEMENTS ITEMS $Kncvu
20×8 3H6lBF
20×7 s6.M \^
@x'"~"%7b
Sales 1--C~IjJ+
64000 @wo(tf=@P
48000 !1{e|p
7
`gf0l /d
Cost of sales kH7(@Pa
54000 Tl[!=S
42000 QD*35Y!d
(~wqa 3
Net profit x&Kh>PVh\
30 -^h' >.
-20 o{q{!7DH@
Df<xWd2
aYS!xh206
December 31, 20×8 *>2W#D)b=
December 31, 20×7 8hJ%JEzga
JJ2_hVU
Inventory @H7d_S
16000 }Nm#q@o$P
12000 ,*hLFaR-
![_*(8v}S
Current assets ,J^b0@S
60000 h"_;IUZ!
50000 4;]hK!AXS
ADP%QTdqFJ
Total assets J1I ;Jgql(
100000 i}mVQ\j5
90000 q?DTMKx
[~#WG/!:
Current liabilities kJzoFFWo$
20000 T;
y>>_,
18000 _Wp{[TH
*4+"Lh.KS
Total liabilities EwC{R`
30000 ,3p~w5C/+[
25000 QWSTR\!
?DQsc9y
A1D^a,
During the audit, John has the following findings: Z/0fXn})
(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: ]?+p5;{y4
Dr. Cash in Bank RMB 5820000 L>W'LNXCv
Dr. Financial Expenses RMB 180000 :'3XAntZA
Cr. Notes Receivable RMB 6000000 w2Jf^pR
(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: f'-i o<.
Dr. Non-operating Expenses RMB 3000000 Avd
^
Cr. Provisions RMB 3000000 E2@65b$
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 1V4s<m>#
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: "UG
Y2skf;
Dr. Provisions RMB 3000000 'y2nN=CN
Cr. Cash in Bank RMB 2500000 "2P&X
Cr. Non-operating Income RMB 500000 hp*/#D
Required: A3no~)wZn
(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. D2!X?"[P
(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: x:>wUhzZ
(a)Inventory Turnover Rate in 20×8; (\a]"g,]v
(b)Gross Profit Ratio in 20×8; 7/ysVWt
(c)After Tax Return on Total Assets in 20×8; and ;8*`{F[
(d)Current Ratio as at December 31, 20×8 BuWHX>H
(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. iZNts%Y]
【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。 36%nB*
以下是未经审计财务报表的部分信息: EB=-H#
(单位:千元) Xg
SxN!I
项目 20×8 20×7 [t7]{d*
营业收入 64 000 48 000 2`>T oWN!
营业成本 54 000 42 000 $8xl#SqH
净利润 30 -20 (m.ob+D
d`nVc50
20×8年12月31日 20×7年12月31日 ~\.w^*$#Y
存货 16 000 12 000 ,^;)<[
流动资产 60 000 50 000 Nz+949X
总资产 100 000 90 000 |e?64%l5P
流动负债 20 000 18 000 Rhz_t@e
总负债 30 000 25 000 zj`v?#ET
在审计过程中,约翰发现以下事项: s3O} 6
(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: /X(t1 +
借:银行存款5 820 000 (
Qcp{q
财务费用 180 000 O<"}|nbmQ[
贷:应收票据6 000 000 Q/I!}C4
(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: ? glSC$b
借:营业外支出 3 000 000 m~Bl*`~M
贷:预计负债 3 000 000 'fF;(?
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: '0uhD.|G
借:预计负债 3 000 000 +~roU{& o
贷:银行存款 2 500 000 C] 9p5Hs
营业外收入 500 000 r77PQQDT
要求:
Y"Ql!5=
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 zG9Y!SY\-
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: RIE5KCrGB
(a)20×8年存货周转率 I8<,U!$
(b)20×8年销售毛利率 {%{`l-
(c)20×8年总资产净利率 :GW&O /Yo
(d)20×8年12月31日的流动比率 GXjfQ~<]
(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) M57T2]8,
【答案】 ^Au _U
(1)应选择营业收入作为计算重要性水平的基础。 1Q4}'0U4
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ZAUQJS 91E
Yd= a}T
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 WxJf{=-
销售毛利率=(64000-54000)/64000×100%=15.63% X
9%'|(tL
总资产净利率=30/[(100000+90000)/2]=0.03% +$(2:S*r
流动比率=60000/20000=3 OD 3f.fT
(3) 2@~M4YJf
a.应建议做如下审计调整分录: AfP'EP0m
借:应收票据 6 000 000 w'fT=v)
贷:短期借款 5 820 000 CI
:`<PZ\-
财务费用 180 000 OY5OJ*
b.应建议做如下审计调整分录: }gMDXy}
借:预计负债 3 000 000 .E&z$N
贷:营业外支出 500 000 }X_;X_\3;'
其他应付款 2 500 000 ]M[#.EX