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)。 _z}d yp"I
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: sx/g5?zh
(Expressed in RMB thousands) s#d>yx_b
FINANCLAL STATEMENTS ITEMS :cOwTW?Fj
20×8 Vbwbc5m}
20×7 AD8~
08'JT{i id
Sales NoPM!.RU{
64000 7$^V_{ej
48000 M]6=Rxq1:E
]qXfgc
Cost of sales 1XSqgr"3
54000 n%ld*EgY
42000 =P5SFMPN
-8EdTc@
Net profit p<jHUG4?'
30 E P<U:F
-20 Sm-nb*ZyC
| o+vpy
.d.7D ]Yn
December 31, 20×8 1Og9VG1^
December 31, 20×7 )>=`[$D1t
+wQGC
Inventory Vv zd>yII
16000 b
i,%QZZ
12000 -,Q<*)q{
`Rjc
J?r
Current assets \0b",|"3
60000 ?Ww',e
50000 m
a-|L3 #
S;CT:kG6Y{
Total assets mNV4"lNR
100000 Q(%uDUg%
90000 U;;Har
Y \j &84
Current liabilities PUa~Apj'
20000 | WDX@Q
18000 d/7c#er
o]jo R3
Total liabilities Gk!v-h9cq
30000 =r
GkM.^
25000 fF>H7
\Ud2]^D=
8l?]UFM>C
During the audit, John has the following findings: 2Y$==j
(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: Ju:=-5r"'
Dr. Cash in Bank RMB 5820000 uD. 0?*_
Dr. Financial Expenses RMB 180000 vnIxI a
Cr. Notes Receivable RMB 6000000 $bD!./fl
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: m@jOIt!<
Dr. Non-operating Expenses RMB 3000000 y*zZ }>
Cr. Provisions RMB 3000000 uZ
OUp8QQ
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 RPLr7Lb
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: !CEF@J
Dr. Provisions RMB 3000000 L5U>`lx6$
Cr. Cash in Bank RMB 2500000 Z5NuLB'
Cr. Non-operating Income RMB 500000 VM-J^
Required: m
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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. 15 SIZ:Q
(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: h#;yA"j1&
(a)Inventory Turnover Rate in 20×8; ,ll!19y
(b)Gross Profit Ratio in 20×8; ib&
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(c)After Tax Return on Total Assets in 20×8; and _&yQW&vH#
(d)Current Ratio as at December 31, 20×8 ay4|N!ExO
(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. )TXn7{M:
【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。 9#_49euy|P
以下是未经审计财务报表的部分信息: \)r#?qn4z;
(单位:千元) Y/{Z`}
项目 20×8 20×7 1tg
营业收入 64 000 48 000 4CNK ]2
营业成本 54 000 42 000 fDqlN`P@
净利润 30 -20 `L:wx5?
sba0Q[IY
20×8年12月31日 20×7年12月31日 lJq
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存货 16 000 12 000 :<nL9y jt
流动资产 60 000 50 000 k ^+h>B-;
总资产 100 000 90 000 q^,^tw
流动负债 20 000 18 000 ^QXUiXzl
总负债 30 000 25 000 =. OWsFv
在审计过程中,约翰发现以下事项: ]jM D'vg^b
(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: M8
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借:银行存款5 820 000 &0Nd9%>
财务费用 180 000 v3`J~,V<
贷:应收票据6 000 000 viKN:n! Ev
(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: .llAiv
借:营业外支出 3 000 000 C10A$=!
贷:预计负债 3 000 000 LG51e7_gFi
20×9年1月10日,A公司收到法院判决:A公司应赔偿C银行人民币 2 500 000元。A公司支付了这笔款项,并于20×9年1月末将做出如下会计分录: Rk`c'WP0*
借:预计负债 3 000 000 zYH6+!VBH#
贷:银行存款 2 500 000 egKYlfe"
营业外收入 500 000 _*&<hAZ
j
要求: <;W4Th<4
(1)在营业收入和净利润两者之中,选择一个用于计算A公司20×8年财务报表层次的计划重要性水平,两者中哪一个更合适一些?并说明理由。 |[xi"E\
(2)根据以上未经审计的财务报表信息,运用分析程序分析重大错报风险,请计算以下比率: 3Dg I.V6un
(a)20×8年存货周转率 bx`(d@
(b)20×8年销售毛利率 A7ck-9dT/L
(c)20×8年总资产净利率 Vd|/]Zj
(d)20×8年12月31日的流动比率 =(v/pLLK?
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) VRMlr.T+
【答案】 Xa%Z0%{
(1)应选择营业收入作为计算重要性水平的基础。 ];oED?I
因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 6`%}s3Xq
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 nj)M$'
销售毛利率=(64000-54000)/64000×100%=15.63% NW^}u~-f
总资产净利率=30/[(100000+90000)/2]=0.03% W5sVQ`S-
流动比率=60000/20000=3 o
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(3) BXLhi(.s
a.应建议做如下审计调整分录: Br-
bUoua
借:应收票据 6 000 000 .bew,92
贷:短期借款 5 820 000 w[loV
财务费用 180 000 4o
CnF+(
b.应建议做如下审计调整分录: m|e!1_:H
借:预计负债 3 000 000 [gD02a:u
贷:营业外支出 500 000 CYG'W FvZZ
其他应付款 2 500 000 ?c(f6p?%