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)。 Q8]S6,pt
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: Zm(}~C29
(Expressed in RMB thousands) }:1qK6
7S
FINANCLAL STATEMENTS ITEMS Vg
mYm~y'
20×8 9WHarv2 @
20×7 /b6j<]H
LmUR@
/VQ
Sales ! \5)!B
64000 L Z3=K`gj
48000 pBn;:
a)6?:nY$
Cost of sales 6\%#=GG
54000 %6Y}0>gY
42000 Xob(4
=,&{ &m)
Net profit 6+C]rEY/o
30 N]GF>kf:
-20 1 -R4A7+3
RhE|0N=
zP/SDW
December 31, 20×8 "L9pFz</
December 31, 20×7 pvRa
eO{2rV45O
Inventory `[x'EJp#
16000 En0hjXa
12000 8P&z@E{y
6U]r 3
Rr
Current assets Xj:\B] v]
60000 Ju.T.)H
50000 lH"V
LO2l
0f;|0siTAm
Total assets Yof]
100000 :;Npk9P(N
90000 |8{\j*3
a!PN`N28
Current liabilities g=Nde2d?
20000 7qdB
18000 =CaSd|
SWNT}{x]
Total liabilities AO8%!+"_
30000 xDmwiVy
25000 #O7phjzgD
|;YDRI
5L\Im
^
During the audit, John has the following findings: `>0(N.'T
(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: 5[^Rf'wy
Dr. Cash in Bank RMB 5820000 ZPHatC
Dr. Financial Expenses RMB 180000 jW}hLjlN
Cr. Notes Receivable RMB 6000000 Nxm '*
-A
(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: t<+g
yAW
Dr. Non-operating Expenses RMB 3000000 \u 6/nvZ]N
Cr. Provisions RMB 3000000 *bi;mQ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000
Ul:M=8nE%
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: YO;@Tj2)x
Dr. Provisions RMB 3000000 IN"6=2:
Cr. Cash in Bank RMB 2500000 >
}86#^F
Cr. Non-operating Income RMB 500000 SqoO
"(1x
Required: }/7rA)_
(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. jf&
oN]sZ
(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: t5S!j2E
(a)Inventory Turnover Rate in 20×8; Lvn+EM
(b)Gross Profit Ratio in 20×8; B>
zQ[e@t
(c)After Tax Return on Total Assets in 20×8; and Oq95zo
(d)Current Ratio as at December 31, 20×8 ]yas]5H
(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. I&5cUj{GX-
【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。 IZxr;\dq6
以下是未经审计财务报表的部分信息: ~JOC8dO
(单位:千元) $XFFNE`%
项目 20×8 20×7 \%.&$z3wz
营业收入 64 000 48 000 RNX>I,2sh
营业成本 54 000 42 000 E|=]k
净利润 30 -20 h9 +76
bWMb@zm
20×8年12月31日 20×7年12月31日 4o( Q
+6m
存货 16 000 12 000 F>5)Clq
流动资产 60 000 50 000 kyUG+M
总资产 100 000 90 000 WhDNt+uk)
流动负债 20 000 18 000 eak+8URo
总负债 30 000 25 000 P)UpUMt;k
在审计过程中,约翰发现以下事项: ymA8`k5>@
(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: \}7xgQ>oV
借:银行存款5 820 000 !]P=v`B.
财务费用 180 000 E_K32)J-
贷:应收票据6 000 000 IVG77+O# }
(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: DXfQy6
k'
借:营业外支出 3 000 000 6,skF^
贷:预计负债 3 000 000 ZZW%6 -B
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: YU1z\pK
借:预计负债 3 000 000 K )9f\1\
贷:银行存款 2 500 000 :Y&h'FGZm
营业外收入 500 000 HH^yruP\}
要求: /Fp@j/50
(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。 _;G|3>5u
(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: "%+9p6/
(a)20×8年存货周转率 3n1 >+8
(b)20×8年销售毛利率 <*
djtO
(c)20×8年总资产净利率 *0%G`Q
(d)20×8年12月31日的流动比率 tnw6[U!rh=
(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) %eE 6\
f%g
【答案】 ^+9i~PjL
(1)应选择营业收入作为计算重要性水平的基础。 _Ns_$_
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 4J2C#Cs
us^J!
s7
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 ?/Z5%?6
销售毛利率=(64000-54000)/64000×100%=15.63% Mog!pmc{
总资产净利率=30/[(100000+90000)/2]=0.03% Qx77%L4
流动比率=60000/20000=3 ] U[4r9V
(3) hu-6V="^9
a.应建议做如下审计调整分录: 5f#]dgBe
借:应收票据 6 000 000 @5TJ]=
贷:短期借款 5 820 000 2r#W#z%vS
财务费用 180 000 Ert`
]s~
b.应建议做如下审计调整分录: s C?-L
借:预计负债 3 000 000 f_tC:T4a
贷:营业外支出 500 000 4G=KyRKh
其他应付款 2 500 000 rNX]tp{j