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)。 Qm-P& g-
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: ~9c9@!RA2
(Expressed in RMB thousands) xn@jL;+<-
FINANCLAL STATEMENTS ITEMS J91`wA&r
20×8
5R Hs
20×7 4Klfnki
Gs6#aL}]R
Sales pE<' '`
64000 "+WR[-n>\
48000 ?gtkf[0B|
Yru[{h8hw`
Cost of sales ;E&XFTdO
54000 4
5lg&oO
42000 Lv4=-mWv&0
H5AY6),
Net profit 'KL(A-}!
30 P2p^jm
-20 'YG`/@n;
7S`H?},sR
}B-A*TI<h
December 31, 20×8 }rE|\p>
December 31, 20×7 YZ>cE#
F"=MU8
Inventory f+6l0@K2
16000 .9xGLmg
12000 wl%1B64
39j d}]e
Current assets =gIYa
60000 +Xp;T`,v
50000 6S<$7=$=
Vk (bU=w
Total assets {P-PH$ E-
100000 Kq$Zyf=E
90000 yjq
)}y,tF
"!tB";n
Current liabilities IMZKlU3
20000 [UH5D~Yx
18000 CA4-&O"
;]Aa
Total liabilities Cf7\>U->
30000 /v{[Z
&z
25000
n@
Ag`}
mTfMuPPs[
]S L&x:/-
During the audit, John has the following findings: =oME~oB~
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: FQFENq''B
Dr. Cash in Bank RMB 5820000 8j}m\^si
Dr. Financial Expenses RMB 180000 dx}/#jMa
Cr. Notes Receivable RMB 6000000 qt(:bEr^6b
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: SDIeq
Dr. Non-operating Expenses RMB 3000000 `<zb
Cr. Provisions RMB 3000000 9pcf jx..
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 m_2P{
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: 6bcrPf}
Dr. Provisions RMB 3000000 kPH^X}O$
Cr. Cash in Bank RMB 2500000 d_uy;-3
Cr. Non-operating Income RMB 500000 [,^dM:E/
Required: hD1
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(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. i =N\[&
(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: $:[BB,$
(a)Inventory Turnover Rate in 20×8; yU"G|Ex
(b)Gross Profit Ratio in 20×8; _,FoXf7
(c)After Tax Return on Total Assets in 20×8; and yk<jlVF$j
(d)Current Ratio as at December 31, 20×8 ?+5{HFx
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. pT@!O}'$
【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。 \
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以下是未经审计财务报表的部分信息:
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(单位:千元) `M ygDG+u
项目 20×8 20×7 1H=wl=K
营业收入 64 000 48 000 rfRo*u2"
营业成本 54 000 42 000 cJEz>Z6[
净利润 30 -20 J'yN' 0
41o!2(e$
20×8年12月31日 20×7年12月31日 /K) b0QX
存货 16 000 12 000 Hi_Al,j:
流动资产 60 000 50 000 \GvY`kt3
总资产 100 000 90 000 uV_)JZW,L
流动负债 20 000 18 000 9*;isMkq<
总负债 30 000 25 000 _c8.muQ<
在审计过程中,约翰发现以下事项: H?j-=Zka
(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: lE)rRG+JLW
借:银行存款5 820 000 Czr4
-#2
财务费用 180 000 xY0QGQca
贷:应收票据6 000 000 mN{ajf)@
(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: )O@^H
借:营业外支出 3 000 000 =9 M|o0aY
贷:预计负债 3 000 000 R+K&<Rz
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: _MbVF>JOx
借:预计负债 3 000 000 sNfb %r
贷:银行存款 2 500 000 P}9Y8$Y>U
营业外收入 500 000 d Zz^9:C+
要求: fslk7RlSKg
(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。 a^c,=X3
(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: rtL9cw5
(a)20×8年存货周转率 5**5b9bj-9
(b)20×8年销售毛利率 v?D
kDnta
(c)20×8年总资产净利率 qH%L"J
(d)20×8年12月31日的流动比率 e4qk>Cw
(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) ru/zLj:
【答案】 d =(Yl r
(1)应选择营业收入作为计算重要性水平的基础。 }gi1?a5
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 1gShV ]2
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 aI{@]
hCo
销售毛利率=(64000-54000)/64000×100%=15.63% uP{+?#a_-\
总资产净利率=30/[(100000+90000)/2]=0.03% EB2^]?
流动比率=60000/20000=3 >9tkx/J
(3) +z(,A
a.应建议做如下审计调整分录: K;y\[2;}e,
借:应收票据 6 000 000 !|
<f%UO
贷:短期借款 5 820 000 wAYzR$i
财务费用 180 000 _X%6 +0M
b.应建议做如下审计调整分录: c+b:K
借:预计负债 3 000 000 '5xuT _
贷:营业外支出 500 000 Iz?Wtm }
其他应付款 2 500 000 e,#+Xx0M