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)。 CKK5+
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: Kd21:|!t^
(Expressed in RMB thousands)
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FINANCLAL STATEMENTS ITEMS IBHG1<3
20×8 t z>X'L
20×7 'Z%aBCM
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P.
Sales z^a?t<+
64000 tg4&j$
48000 )bJ6{&
MZ[g|o!)v
Cost of sales z~;qDf|I
54000 w9}IM149
42000 KPK!'4,cu
gI$`d?[0{
Net profit um4zLsd#v
30 k3eN;3#&
-20 YtKX\q^.
{:+^[rerj
KV(W|~+ rM
December 31, 20×8 B_1u<00kg
December 31, 20×7 `t"Kq+
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Inventory ~DS9{Y
16000 "TCbO`mg
12000 U9%nku4
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Current assets ~d8o,.n`1
60000 PhdL@Mr
50000 B(NL3WJ
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Total assets OF}_RGKg3
100000 dXN&<Q,
90000
$VNn`0^gF
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Current liabilities l$
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20000 5Wjp_^!e
18000 ,o6: V]a
l0o_C#"<S
Total liabilities WWs>@lCK
30000 kKO]q#9sO
25000 p
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QR8Q10
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During the audit, John has the following findings: z<XS"4l?W
(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: dRC+|^rSC
Dr. Cash in Bank RMB 5820000 'S>Jps@
Dr. Financial Expenses RMB 180000 $^GnY7$!>
Cr. Notes Receivable RMB 6000000 bsDUFX
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(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: lsf?R'1
Dr. Non-operating Expenses RMB 3000000 Z k_&Kw|
Cr. Provisions RMB 3000000 $l0w {m!P
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 b&&'b)
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: oDK\v8w-
Dr. Provisions RMB 3000000 I#%-A
Cr. Cash in Bank RMB 2500000 (b5af_ c
Cr. Non-operating Income RMB 500000 z81!F'x;
Required: 5T*7HC[
(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. JE!Xf}nEi
(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: e70*y'1fu
(a)Inventory Turnover Rate in 20×8; -hfY:W`Dz
(b)Gross Profit Ratio in 20×8; m#P&Yd4T
(c)After Tax Return on Total Assets in 20×8; and :a`m9s 4
(d)Current Ratio as at December 31, 20×8 4(]('[M
(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. \6L=^q=
【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: \`&fr+x
(单位:千元) M1\/ueOe
项目 20×8 20×7 %&NK|M+n
营业收入 64 000 48 000 6UTdy1Qq>
营业成本 54 000 42 000 ~KvCb3~X
净利润 30 -20 =0|evC
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20×8年12月31日 20×7年12月31日 P@ u%{
存货 16 000 12 000 p5ihuV,
流动资产 60 000 50 000 $tJJ
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总资产 100 000 90 000 sIe(;%[`
流动负债 20 000 18 000 U^I'X7`r
总负债 30 000 25 000 %kT:"j(xW
在审计过程中,约翰发现以下事项: z9ZAY!Zhq]
(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: .`9KB3
借:银行存款5 820 000 xR3A4m
财务费用 180 000 R8)"M(u=l
贷:应收票据6 000 000 4B
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(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: X88ZdM'
借:营业外支出 3 000 000 J.(_c'
r
贷:预计负债 3 000 000 x~.U,,1
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: =nl,5^
借:预计负债 3 000 000 c+c^F/
贷:银行存款 2 500 000 9yPB)&"EF
营业外收入 500 000 jrR~V* :k
要求: R
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(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。 u ""=9>0
(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: X"sN~Q.0
(a)20×8年存货周转率 >F
v8 -
(b)20×8年销售毛利率 6fiJ'
j@
(c)20×8年总资产净利率
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(d)20×8年12月31日的流动比率 z m%\L/BF
(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) "lt[
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【答案】 r` @Dgo}
(1)应选择营业收入作为计算重要性水平的基础。 ;f?bb*1
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 g`1i[Iu2
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 Fk\xq`3'c
销售毛利率=(64000-54000)/64000×100%=15.63% YH9BJ
总资产净利率=30/[(100000+90000)/2]=0.03% o/xE
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流动比率=60000/20000=3 SzDi=lY
(3) gQ[4{+DSf
a.应建议做如下审计调整分录: "x)W3C%*S
借:应收票据 6 000 000 *4bV8T>0Z
贷:短期借款 5 820 000 *MNY1+RJ
财务费用 180 000 ur|2FS7
b.应建议做如下审计调整分录: .6*A~%-=[d
借:预计负债 3 000 000 iDA`pemmi&
贷:营业外支出 500 000 \a#2Wm
其他应付款 2 500 000 9/Ls3U?