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)。 %w3Y!7+
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: HM]mOmL90N
(Expressed in RMB thousands) nOCCOTf
FINANCLAL STATEMENTS ITEMS R1/h<I:
20×8 W"v"mjYud
20×7 sGp]jqX2,m
lEYAq'=
Sales W{is 2s
64000 +F4SU(T
48000 6Mj(B*c
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Cost of sales lVYrP|#
54000 8#{DBWU
42000 4G_At
l+UUv]:1
Net profit [["az'Lrk?
30 '@
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-20 7C>5Xyy
J
Bnfp
_SM
RYyM;<9F
December 31, 20×8 a/{M2
December 31, 20×7 >]}c,4D(
^2a 63_
Inventory >+FaPym
16000 vve L|j
12000
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>X_5o^s2s
Current assets XQPlhpcv
60000 <}Hs@`jS
50000 wj2z?0}o
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Total assets [vTk*#Cl4
100000 iF*L-
90000 ]2
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Current liabilities UJiy]y
20000 ?0x=ascP
18000 w(oi6kg
Yv/T6z@
Total liabilities E0)43
30000 )>(ZX9diV
25000 P[%nD cB
1W'0h$5^"
X.GK5Phd
During the audit, John has the following findings: VC X^D)[-
(1)On December 31, 20×8,Company A discounted an undue commercial acceptance bill (with recourse) amounted to RMB 6000000, and was charged discounting interest of RMB 180000 by the bank. Company A made an accounting entry on December 31, 20×8 as follows: E}g)q;0v|2
Dr. Cash in Bank RMB 5820000 JFu9_=%+
Dr. Financial Expenses RMB 180000 A&S n^mw
Cr. Notes Receivable RMB 6000000 `kYcTFk
(2)In June 20×8, Company A provided guarantee for Company B’s borrowings from Bank C. In December 20×8, since Company B failed to repay the borrowings in time, Company A was sued by Bank C to make relevant repayment amounted to RMB 3000000. As at December 31, 20×8, the lawsuit was still pending, and, based on the reasonable estimate of the guarantee losses made by the management, Company A made an accounting entry as follows: 7V2xg h!W
Dr. Non-operating Expenses RMB 3000000 rHp2I6.0a
Cr. Provisions RMB 3000000 )?;+<,
On January 10, 20×9,Company A received a judgment on repaying RMB 2500000 'Bwv-J
to Bank C to settle the guarantee obligation. Company A made the payment and an accounting entry at the end of January 2009 as follows: K"jS,a?s 6
Dr. Provisions RMB 3000000 dCA!
R"HD
Cr. Cash in Bank RMB 2500000 .$ X|96~$
Cr. Non-operating Income RMB 500000 |c[= V?AC
Required: Z 5 Xis"j
(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. a];1)zVA6
(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: \YPvpUg
(a)Inventory Turnover Rate in 20×8; (9Of,2]
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(b)Gross Profit Ratio in 20×8; ?k^~qlye
(c)After Tax Return on Total Assets in 20×8; and _>E=.$
(d)Current Ratio as at December 31, 20×8 :E.T2na
(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. Nj{;
【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。 ,Bs/.htQj
以下是未经审计财务报表的部分信息: ^#!\VGnL
(单位:千元) k_`h (R
项目 20×8 20×7 6w4HJZ
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营业收入 64 000 48 000 $DW__h
营业成本 54 000 42 000 /s@j{*Om
净利润 30 -20 CrB4%W:{
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20×8年12月31日 20×7年12月31日 cHC4Y&&uZ
存货 16 000 12 000 @77+K:9I7
流动资产 60 000 50 000 Z~]G+(
总资产 100 000 90 000 U%n>(!d
流动负债 20 000 18 000 _+
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总负债 30 000 25 000 P9)L1l<3I
在审计过程中,约翰发现以下事项: `R*SHy!
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(1)20×8年12月31日,A公司将未到期金额为人民币6 000 000元的商业承兑票据(附追索权)贴现,银行收取了人民币180 000元的贴现利息。A公司在20×8年12月31日做会计分录: .=zBUvy
借:银行存款5 820 000 >P ~j@Lv
财务费用 180 000 "?^#+@LV
贷:应收票据6 000 000 2(f-0or(
(2) 20×8年6月,A公司为B公司在C银行的贷款提供了担保。20×8年12月,由于B公司未能及时偿还贷款,A公司被银C行起诉,要求偿还贷款3 000 000元。20×8年12月31日官司尚未判决,根据管理层对担保损失的合理性估计,A公司做出以下会计分录: I)MRAo
借:营业外支出 3 000 000 c8Nl$|B
贷:预计负债 3 000 000 1&RB=7.h
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: S
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借:预计负债 3 000 000 M'VJE|+t
贷:银行存款 2 500 000 Fl!D2jnN
营业外收入 500 000 e>x+Xj1
要求: tgj5l#P
(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。 3Ww 37V>h
(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: >T)tAZ?WK
(a)20×8年存货周转率 Q <ulh s
(b)20×8年销售毛利率 QjKh#sU&
(c)20×8年总资产净利率 2(5/#$t
(d)20×8年12月31日的流动比率 ux~=}{tz
(3)根据上述事项,注册会计师约翰应提出哪些审计调整建议,并列示调整分录。(调整分录不考虑所得税的影响) 49ehj1Se
【答案】 [X7gP4
(1)应选择营业收入作为计算重要性水平的基础。 A
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因为营业收入具有稳定性,净利润有亏转盈,不具有稳定性。 i
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(2)存货周转率=54 000/[(16000+12000)/2]=3.86 qcC(#0A>
销售毛利率=(64000-54000)/64000×100%=15.63% 4 !m'9
总资产净利率=30/[(100000+90000)/2]=0.03% 0oZZLi
流动比率=60000/20000=3 T[<554
(3) S$gLL kD1
a.应建议做如下审计调整分录: luW"|
借:应收票据 6 000 000 uAs!5h
贷:短期借款 5 820 000 H^dw=kS
财务费用 180 000 U'u_'5{
b.应建议做如下审计调整分录: !MVf(y$
借:预计负债 3 000 000 gjx-tp 1.
贷:营业外支出 500 000 ]^8CtgC
其他应付款 2 500 000 hAsReZ?