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)。 vzohq1r5
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: g@k#J"Q'[
(Expressed in RMB thousands) FUzMc1zy|
FINANCLAL STATEMENTS ITEMS O'!r]0Q
20×8 az\<sWb#
20×7 7{Ki;1B[w
L&DF,fWsF&
Sales bU:}ZO^S
64000 P+;CE|J`X
48000 8=n9
hLhqo
~3'OiIw1@
Cost of sales 9Ew:.&d
54000 %eutfM-?6
42000
/.| A
{ /F rs*AF
Net profit Ha=_u+@
30 u6iU[5
-20 c9*1$~(v0I
{XDY:`vZ}
c4ZuW_&:
December 31, 20×8 ##EB; Y
December 31, 20×7 H4}%;m%
.0Iun+nUD
Inventory $TD~k;
16000 V>FT~k_"
12000 cD'HQ3+
PkPDVv
Current assets 68koQgI[^
60000 qLQ <1>u
50000 (b/A|hl
{uaZ<4N.
Total assets 0|fb< "
100000 ~|y^\U@
90000 tb:,Uf>E
Hhe{ +W@~
Current liabilities Z>(r9R3{
20000 "EcX_>
18000 yqC Q24
X$7Oo^1;
Total liabilities
vU_d=T%$
30000 mQd4#LJ_
25000 KA 5~"
>l
:]CzN^k(1c
heE}_,
$|
During the audit, John has the following findings: 54q4CagFq
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: mF[o*N*
Dr. Cash in Bank RMB 5820000 ^[{`q9A#d
Dr. Financial Expenses RMB 180000 gk!E$NyE
Cr. Notes Receivable RMB 6000000 =jg#fdM
-
(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: fm(mO%
Dr. Non-operating Expenses RMB 3000000 DA<F{n.Z:
Cr. Provisions RMB 3000000 FAQr~G}
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 N$\ bg|v
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: fD1?z"lo
Dr. Provisions RMB 3000000 h>}ax\h
Cr. Cash in Bank RMB 2500000 %
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Cr. Non-operating Income RMB 500000 ~Cjz29|gp
Required: NFk}3w:
(1)For Revenue and Net Profit, explain which one is more appropriate to be used to calculate planning materiality for Company A’s 20×8 financial statements as a whole. Explain the reasons of that conclusion. ?PBa'g
(2)Based on the un-audited in formation of selected financial statements items, for the purpose of using analytical procedures as risk assessment procedures, calculate the following ratios: 9R9__w;
(a)Inventory Turnover Rate in 20×8; {>8Pl2J
(b)Gross Profit Ratio in 20×8; vU=9ydAj?
(c)After Tax Return on Total Assets in 20×8; and bA}AD`5
(d)Current Ratio as at December 31, 20×8 /@ y;iJk;
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. ifXW
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 )v[XmJ>H~o
以下是未经审计财务报表的部分信息: :P3{Nxa
(单位:千元) R/^@cA
项目 20×8 20×7 Iz
DG&c
营业收入 64 000 48 000 "j{i,&Y$_
营业成本 54 000 42 000 >Bc>IO
净利润 30 -20 "(s6aqO$
1HMUHZT
20×8年12月31日 20×7年12月31日 ;{|X,;s
存货 16 000 12 000 WfTD7?\dw
流动资产 60 000 50 000 b2N6L2~V
总资产 100 000 90 000 y|$R`P
流动负债 20 000 18 000 "jMqt9ysN
总负债 30 000 25 000 C:]s;0$3'9
在审计过程中,约翰发现以下事项: Z&_y0W=t
(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: 3sH\1)Zz
借:银行存款5 820 000 a:85L!~:l
财务费用 180 000 b"I~_CL|
贷:应收票据6 000 000 O~V1Ywfq7^
(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: {fZb@7?GF
借:营业外支出 3 000 000 $@_{p*q
贷:预计负债 3 000 000 3KSpB;HX
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: 8{dEpV*
借:预计负债 3 000 000 !O|ql6^;
贷:银行存款 2 500 000 zj<ahg%z
营业外收入 500 000 [ `7%sn]$
要求: &VDl/qnaL
(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。 )zU:
(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: [F+(^- (
(a)20×8年存货周转率 r'/\HWNP
(b)20×8年销售毛利率 ~W<CE_/]k
(c)20×8年总资产净利率 ?WQNIX4
(d)20×8年12月31日的流动比率 !xu9+{-
(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) i}v9ut]B
【答案】 Ga v"C{G
(1)应选择营业收入作为计算重要性水平的基础。 l3.
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 J!{Al
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 }Z\wH*s`
销售毛利率=(64000-54000)/64000×100%=15.63% 69-:]7.g
总资产净利率=30/[(100000+90000)/2]=0.03% )0^># k
流动比率=60000/20000=3 XVt/qb%)r
(3) AEY$@!8
a.应建议做如下审计调整分录: ks*Y9D*=
借:应收票据 6 000 000 ^"9*
'vTtc
贷:短期借款 5 820 000 ?7
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财务费用 180 000 8TE>IPjm
b.应建议做如下审计调整分录: [:iv4>ZZ
借:预计负债 3 000 000 44\cI]!{
贷:营业外支出 500 000 S
R ZL\m}
其他应付款 2 500 000 V|'1tB=;*1