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)。 iES?}K/q
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: 3+d_5l;m)
(Expressed in RMB thousands) 2m0laJ3p9
FINANCLAL STATEMENTS ITEMS oY8S-N;(t
20×8 t182&gpd`
20×7 #0gwN2Nv"L
1GI/gc\
Sales |}KNtIX\G
64000 e9@7GaL`"S
48000 k CVA~%d7
D0HLU
~o
Cost of sales i{5
,mS&
54000 VMb r@9
42000 A0`#n|(Ad!
ouf91<n
Net profit '98 0.
30 Ed +"F{!eQ
-20 |)W
N%#v
1Kc[).O1
>YuiCf?c7
December 31, 20×8 j&
~`wGM
December 31, 20×7 P_8z'pYd>
"l.1 UB&
Inventory !i77v,
(#|
16000 2!E@Gbhm5
12000 csNB
\
ubZcpqm?Q
Current assets *oca
60000 s+l3]Hd
50000 y1@
*)|
r
5y%-K=d
Total assets ?OFl9%\ V
100000 **
!
90000 P}RewMJ$L
:^[HDI-[2
Current liabilities !&b
wFO>P
20000 @Wb_Sz4`
18000 D<:J6W7]
q|_t=YM@
Total liabilities X
cDu&6Dy
30000 _0: }"!Gq
25000 y+g01z
gvl3NQQ%t
~.H*"
During the audit, John has the following findings: eK=<a<tx
(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: QqU>V0y"w(
Dr. Cash in Bank RMB 5820000 CW9vC
Dr. Financial Expenses RMB 180000 -=)Al^V4T
Cr. Notes Receivable RMB 6000000 X:1&Pd
i
(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: KqNbIw*sR
Dr. Non-operating Expenses RMB 3000000 eG05}
Cr. Provisions RMB 3000000 m}oqs0xx
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 3j2#'Jf|:
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: \)'o{l&
Dr. Provisions RMB 3000000 <yq
kJ
Cr. Cash in Bank RMB 2500000 b!J%s
Cr. Non-operating Income RMB 500000 -fILXu
Required: -4IHs=`;I
(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. FC BsC#
(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: rrL
gBeQa
(a)Inventory Turnover Rate in 20×8; Tb@r@j:V
(b)Gross Profit Ratio in 20×8;
iE8
(c)After Tax Return on Total Assets in 20×8; and <g4[p^A
(d)Current Ratio as at December 31, 20×8 $/p/9 -
(3)For each audit finding identified during the audit, list the suggested adjusting entries that John should made for Company A’s 20×8 financial statements. Tax effects, if any, are ignored. -
fm1T|>#
【中文翻译】注册会计师约翰负责审计A公司20×8年12月31日的财务报表。 &?)?
w-$p
以下是未经审计财务报表的部分信息: >ukn<
(单位:千元) :psP|7%|
项目 20×8 20×7 pdFa]
营业收入 64 000 48 000 lNwqWOWy
营业成本 54 000 42 000 =]swhF+l-
净利润 30 -20 Uzzt+Iwm
2b i:Q9
20×8年12月31日 20×7年12月31日 d[7B,l:RN
存货 16 000 12 000 o,D7$WzL
流动资产 60 000 50 000 rUL_=>3
总资产 100 000 90 000 lH#C:n
流动负债 20 000 18 000 gFQ\zOlY8a
总负债 30 000 25 000 9N@m><N84
在审计过程中,约翰发现以下事项: E
psjaOmAF
(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: 7XU$O$C
借:银行存款5 820 000 )4tOTi[
财务费用 180 000 )oU%++cdo
贷:应收票据6 000 000 I)YUGA5
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: R|u2ga~
借:营业外支出 3 000 000 WNmG'hlA
贷:预计负债 3 000 000 5z~O3QX
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: B}U:c]
借:预计负债 3 000 000 gL(_!mcwu
贷:银行存款 2 500 000 t|jp]Vp
营业外收入 500 000 BJNZH# "
要求: L%Mj{fJ>Wm
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 ]I<w;.z
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: t3(~aH
(a)20×8年存货周转率 e\7AtlW"
(b)20×8年销售毛利率 5ca!JLs
(c)20×8年总资产净利率 =euMOs
(d)20×8年12月31日的流动比率 W_bp~Wu
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) FD[o94`%
【答案】 Svl;Ul
(1)应选择营业收入作为计算重要性水平的基础。 \MU-D,@
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 E3"j7y[S
/a7N:Z_Bz
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 h7a/]~
销售毛利率=(64000-54000)/64000×100%=15.63% RE%25t|
总资产净利率=30/[(100000+90000)/2]=0.03% s$D"
流动比率=60000/20000=3 JUpb*B_z
(3) S\dG>F>S
a.应建议做如下审计调整分录: zc.r&(d
借:应收票据 6 000 000 ;#XF.l,u
贷:短期借款 5 820 000 F(DM$5z[
财务费用 180 000 8c3/n
b.应建议做如下审计调整分录: f>zd,|)At
借:预计负债 3 000 000 F"| ;
贷:营业外支出 500 000 i[4t`v'Dk
其他应付款 2 500 000 8mM`v