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)。 v{SYz<(
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: U z)G Y
(Expressed in RMB thousands) r_^]5C\
FINANCLAL STATEMENTS ITEMS -k,}LJjo
20×8 wXeJjE%j:3
20×7 XX1Iw {o9:
0ZAtBq.s
Sales sBN4:8
64000 XC[AJ!q`
48000 >Co@K^'
8
=3#S'n
Cost of sales A{hST~s
54000 yrMakT =
42000 UD'e%IVw
}WNgKw
Net profit yle~hL
30 "aGpC{
-20 vdulrnGqL
xtS0D^
!\Q/~p'jS
December 31, 20×8 9jUm0B{?
December 31, 20×7 F>q%~
OB+I.qlHP
Inventory 0j-;
4>p
16000 N;av
12000 V/DdV}n!
yc$8X sns
Current assets ps]s
Tw
60000 J$Ba*`~!!
50000 A$'rT|>se
'l'[U
Total assets 7[7Sm^Tw
100000 z:tu_5w!,
90000 pdR&2fp
( /_Z^m9
Current liabilities ;Q8rAsf9
20000 6EX8,4c\
18000 z9*7fT
e,0Gc-X[B
Total liabilities d,).O
30000 b"#|0d0
25000 h3L{zOff
.SSj=q4?
FBK6{rLMc
During the audit, John has the following findings: RiAY>:
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: iu.+bX|b
Dr. Cash in Bank RMB 5820000 8:0.Pi(ln@
Dr. Financial Expenses RMB 180000 a@WSIcX*W
Cr. Notes Receivable RMB 6000000 WAbt8{$D
(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: ?IV3"\5
Dr. Non-operating Expenses RMB 3000000 U_c9T> =
Cr. Provisions RMB 3000000 {-Y% wM8<i
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 ijWn,bj
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: -J*jW
N!
Dr. Provisions RMB 3000000 ,a,coeL
Cr. Cash in Bank RMB 2500000 Mi"dFx^Md
Cr. Non-operating Income RMB 500000 Ke+#ww
Required: ng[ZM);
(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. wp8ocZ-Gj
(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: (f|3(u'e?
(a)Inventory Turnover Rate in 20×8; H<YS2Ed
(b)Gross Profit Ratio in 20×8; My!<_Hp-W
(c)After Tax Return on Total Assets in 20×8; and q6v%HF-q4
(d)Current Ratio as at December 31, 20×8 _[.3I1kG
(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. @RF!p
【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。 x5}Ru0Z
以下是未经审计财务报表的部分信息: A#j'JA>_
(单位:千元) +V6N/{^5
项目 20×8 20×7 YTpO4bX
营业收入 64 000 48 000 8wqHr@}p
营业成本 54 000 42 000 IGd]!
净利润 30 -20 NrdbXPHceN
@'EU\Y\l
20×8年12月31日 20×7年12月31日 9n"D/NZB
存货 16 000 12 000 jE</a%
流动资产 60 000 50 000 Cuq=>J
总资产 100 000 90 000 vHPp$lql
流动负债 20 000 18 000 N&t+*kF_
总负债 30 000 25 000 RE(R5n28,
在审计过程中,约翰发现以下事项: HW(cA}$
(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: 7a}vb@
借:银行存款5 820 000 {1V~`1(w
财务费用 180 000 F+!K9( `|
贷:应收票据6 000 000 fWywegh
(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: "?GA}e"R
借:营业外支出 3 000 000 WL<$(y:H
贷:预计负债 3 000 000 kN*,3)T;}
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Wo@0yF@
借:预计负债 3 000 000 &i,xod6$
贷:银行存款 2 500 000 %P2GQS-N
营业外收入 500 000 b*xw=G3%
要求: uMToVk`Uv
(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。 j\D_Z{m2
(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: ch}t++`l]
(a)20×8年存货周转率 tTB,eR$
(b)20×8年销售毛利率 V3NQij(
(c)20×8年总资产净利率 kw>W5tNpf:
(d)20×8年12月31日的流动比率 dtw4cG
(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) cf#2Wg)
【答案】 `r:n[N=Y&
(1)应选择营业收入作为计算重要性水平的基础。 `)5E_E3
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 ?[}r& f
<T[wZ[l
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 $]eITyC`P
销售毛利率=(64000-54000)/64000×100%=15.63% s=&&gC1
总资产净利率=30/[(100000+90000)/2]=0.03% 1o. O]>
流动比率=60000/20000=3 |<l
sv
(3) <0r2m4z
a.应建议做如下审计调整分录: i"~J -{d}
借:应收票据 6 000 000 0?KY9
贷:短期借款 5 820 000 9H9 P'lx9
财务费用 180 000 0Z{f!MOh
b.应建议做如下审计调整分录: @Q;%hb
借:预计负债 3 000 000 VFj}{Y
贷:营业外支出 500 000 %- W3F5NK
其他应付款 2 500 000 eot]VO: