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)。 u R!'v
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: za8+=?
(Expressed in RMB thousands) CKDg3p';
FINANCLAL STATEMENTS ITEMS )P.,h&h/
20×8 uYd_5
nw
20×7 3V]psZS
rhN"#?
Sales _G)x\K]N
64000 nH[>Sff$
48000 %<h2^H\O
(k%r_O
6
Cost of sales fY|vq
amA;
54000 *mN8Qd
42000 GVdJ&d\x
e"2x!(&n(
Net profit GU xhn
30 >DW%i\k1V~
-20 &7c #i
F+V[`w*k
X d&oERJj
December 31, 20×8 =1mIk0H`
December 31, 20×7 };cH5bYF
#;'*W$Wk2
Inventory AgdU@&^
16000 ?;go5f+X
12000 +ZRm1q
1rh2!4)7
Current assets
<XnxAA
60000 J!zL)u|
50000 <Oj'0NK-
jgw+c3^R_
Total assets A{52T]9X
100000 /IC]}0kkp
90000 X|60W
"l6Ob
Current liabilities
VO*fC
20000 V> Nw2u!!
18000 5eas^Rm
mS]soYTQ
Total liabilities {.UK{nA?sm
30000 ]T>YYz
25000 ;{g>Z|
;7!u(XzN
PO=A^ b
During the audit, John has the following findings: pz/vvH5
(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: FsfP^a
Dr. Cash in Bank RMB 5820000 Ly6) ,[q~
Dr. Financial Expenses RMB 180000 QST-!`]v
Cr. Notes Receivable RMB 6000000 e73zpF
(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: 5OC3:%g
Dr. Non-operating Expenses RMB 3000000 $`/F5R!
Cr. Provisions RMB 3000000 rf$eg
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 o31pF
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: 8#a2 kR<b
Dr. Provisions RMB 3000000 @z(s\T
Cr. Cash in Bank RMB 2500000 }h\]0'S~J~
Cr. Non-operating Income RMB 500000 T'VKZ5W
Required: |JCn=v@
(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. 5U/C
0{6
(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: [2zS@p
(a)Inventory Turnover Rate in 20×8; [b@9V_
(b)Gross Profit Ratio in 20×8; $
?YSAD1
(c)After Tax Return on Total Assets in 20×8; and HQ3kxOT
(d)Current Ratio as at December 31, 20×8 K_BF=C.k
(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. OlYCw.Zu
【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。 k#/%#rQM
以下是未经审计财务报表的部分信息: |_wbxdq
(单位:千元) j}$Q`7-wB1
项目 20×8 20×7 1;[ZkRbzL
营业收入 64 000 48 000
<:`x> _
营业成本 54 000 42 000 ixo?o]Xb`
净利润 30 -20 +~M`rR*
irzWk3@:
20×8年12月31日 20×7年12月31日 JA^Y:@
<{/
存货 16 000 12 000 V?Ye^-29
流动资产 60 000 50 000 Z_?r5M;
总资产 100 000 90 000 7j\jOklV
流动负债 20 000 18 000 J(x42Q}*S
总负债 30 000 25 000 FtxmCIVIV~
在审计过程中,约翰发现以下事项: e/ V8lo
(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: 4[m4u6z=
借:银行存款5 820 000 _cXLQ)-
财务费用 180 000 $5#+;A'Q+
贷:应收票据6 000 000 ik|iAWy
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: -$_h]x*
W
借:营业外支出 3 000 000 \Y}nehxG@
贷:预计负债 3 000 000 YW)&IA2
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: 5y|/}D>
借:预计负债 3 000 000 Y,C3E>}Dq
贷:银行存款 2 500 000 +"2IQme5
营业外收入 500 000 }\)O1
要求: +;wu_CQu
(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。 @K.[;-;g
(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: CZ_ (IT7
(a)20×8年存货周转率 NhA_dskvo
(b)20×8年销售毛利率 X{bqG]j
(c)20×8年总资产净利率 ?3:xR_VWZu
(d)20×8年12月31日的流动比率 &5F@u
IA
(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) <eG8xC
【答案】 QBfsdu<@^
(1)应选择营业收入作为计算重要性水平的基础。 H0\5a|X-
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 RzLbPSTQ
+MP`iuDO
(2)存货周转率=54 000/[(16000+12000)/2]=3.86 5zF7yvS.w
销售毛利率=(64000-54000)/64000×100%=15.63% 3v%V\kO=F
总资产净利率=30/[(100000+90000)/2]=0.03% 7].FdjT.
流动比率=60000/20000=3 Z tfPB
(3) %<8lLRl
a.应建议做如下审计调整分录: "V;M,/Q|
借:应收票据 6 000 000 V}kZowWD
贷:短期借款 5 820 000 !8U\GR `
财务费用 180 000 %9A6c(L
b.应建议做如下审计调整分录: dw!cDfT+
借:预计负债 3 000 000 y++[:M
贷:营业外支出 500 000 Og`w ~!\
其他应付款 2 500 000 7x^P 74