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)。 ^a4 y+!
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: X
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(Expressed in RMB thousands) ?vuM'UH-
FINANCLAL STATEMENTS ITEMS n8DWA`[ib
20×8 !2s<
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20×7 6?b9~xRW
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Sales ,'?%z>RZm
64000 55
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48000 E}sjl
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Cost of sales p:U9#(v)
54000 .%j(!
42000 }2:/&H'
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Net profit jFf2( AR
30 Y[k%<f
-20 ES p
)%
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December 31, 20×8 <ek_n;R
December 31, 20×7 6AV@O
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Inventory =Bo (*%
16000 S7&w r@
12000 Y+75}]B
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Current assets )_N|r$i\
60000 j3jf:7 /\
50000 ,Q!sns[T
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Total assets c'B6E1}sx
100000 N
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90000 ieXhOA
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Current liabilities G,I[zhX\
20000 t<s:ut)Q!
18000 n:d]Z2b
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Total liabilities W<C
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30000 .|`JS?L[
25000 '0)a|1,
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x
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During the audit, John has the following findings: p.^glz >B
(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: Mqc"
Dr. Cash in Bank RMB 5820000 Lh.?G#E M
Dr. Financial Expenses RMB 180000 7.)e4
Cr. Notes Receivable RMB 6000000 7ukJ\P5[&1
(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: |6/k2d{,(
Dr. Non-operating Expenses RMB 3000000 O|j(CaF
Cr. Provisions RMB 3000000 ?RL[#d+y
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 4TcKs}z
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: 1Q1NircJ
Dr. Provisions RMB 3000000 1FCqkwq[
Cr. Cash in Bank RMB 2500000 "`]G>,r_
Cr. Non-operating Income RMB 500000 1vKc>+9
Required: ParOWs~W/
(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. tUouO0_l
(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: 6d/;GyG
(a)Inventory Turnover Rate in 20×8; C-!!1-Eq?:
(b)Gross Profit Ratio in 20×8; P__JN\{9
(c)After Tax Return on Total Assets in 20×8; and QCB2&lN\&L
(d)Current Ratio as at December 31, 20×8 7x`dEi<
(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. 0G`_dMN
【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。 mYLqT$t.+
以下是未经审计财务报表的部分信息: W>3[+w
B
(单位:千元) IB9[Lx
项目 20×8 20×7 tGHZU^B:}
营业收入 64 000 48 000 zUX%$N+w}>
营业成本 54 000 42 000
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净利润 30 -20 gzfs9e
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20×8年12月31日 20×7年12月31日 #'5|$ug[
存货 16 000 12 000 &:1PF.)N
流动资产 60 000 50 000 ?+#|h;M8
总资产 100 000 90 000 >iD&n4TK
流动负债 20 000 18 000 7<{g
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总负债 30 000 25 000 X"_,#3Ko!
在审计过程中,约翰发现以下事项: <vxj*M;
(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: Zzy!D
借:银行存款5 820 000 $="t7C9S
财务费用 180 000 7|4t;F!
贷:应收票据6 000 000 ~uqpF-.
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: B#RBR<MFC
借:营业外支出 3 000 000 )I7~<$w
贷:预计负债 3 000 000 0>@D{_}s
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: B*=m%NXf
借:预计负债 3 000 000 GIXxOea1
贷:银行存款 2 500 000 =eG?O7z&
营业外收入 500 000 9G njJ
要求: 7&oT}Z
(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。 j8Nl'"
(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: i-1lpp I
(a)20×8年存货周转率 1Rrp#E}
(b)20×8年销售毛利率 -L%J,f[&,
(c)20×8年总资产净利率 oU/CXz?H
(d)20×8年12月31日的流动比率 )P&>Tc?;z
(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) f#4,2Xf
【答案】
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