题目内容
(题干)骨髓象显示，原始粒细胞I型＋Ⅱ型（原始单核细胞＋幼稚单核细胞或者原始淋巴细胞＋幼稚淋巴细胞）小于或等于5%，红细胞及巨核细胞正常。 上述特征符合
查看答案
搜索结果不匹配？点我反馈
更多问题
(a) You are a manager in Sambora & Co, responsible for the audit of the Jovi Group (the Group), which is listed. The Group’s main activity is steel manufacturing and it comprises a parent company and five subsidiaries. Sambora & Co currently audits all components of the Group.
You are working on the audit of the Group’s financial statements for the year ended 30 June 2012. This morning the audit engagement partner left a note for you:
‘Hello
The audit senior has provided you with the draft consolidated financial statements and accompanying notes which summarise the key audit findings and some background information.
At the planning stage, materiality was initially determined to be $900,000, and was calculated based on the assumption that the Jovi Group is a high risk client due to its listed status. During the audit, a number of issues arose which meant that we needed to revise the materiality level for the financial statements as a whole. The revised level of materiality is now determined to be $700,000. One of the audit juniors was unsure as to why the materiality level had been revised. There are two matters you need to deal with:
(i) Explain why auditors may need to reassess materiality as the audit progresses. (4 marks)
(ii) Assess the implications of the key audit findings for the completion of the audit. Your assessment must consider whether the key audit findings indicate a risk of material misstatement. Where the key audit findings refer to audit evidence, you must also consider the adequacy of the audit evidence obtained, but you do not need to recommend further specific procedures. (18 marks)
Thank you’
The Group’s draft consolidated financial statements, with notes referenced to key audit findings, are shown below:
Draft consolidated statement of comprehensive income
Notes: Key audit findings – statement of comprehensive income
1. Revenue has been stable for all components of the Group with the exception of one subsidiary, Copeland Co, which has recognised a 25% decrease in revenue.
2. Operating expenses for the year to June 2012 is shown net of a profit on a property disposal of $2 million. Our evidence includes agreeing the cash receipts to bank statement and sale documentation, and we have confirmed that the property has been removed from the non-current asset register. The audit junior noted when reviewing the sale document, that there is an option to repurchase the property in five years time, but did not discuss the matter with management.
3. The property revaluation relates to the Group’s head office. The audit team have not obtained evidence on the revaluation, as the gain was immaterial based on the initial calculation of materiality.
4. The actuarial loss is attributed to an unexpected stock market crash. The Group’s pension plan is managed by Axle Co – a firm of independent fund managers who maintain the necessary accounting records relating to the plan. Axle Co has supplied written representation as to the value of the defined benefit plan’s assets and liabilities at 30 June 2012. No other audit work has been performed other than to agree the figure from the financial statements to supporting documentation supplied by Axle Co.
Draft consolidated statement of financial position
Notes: Key audit findings – statement of financial position
5. The goodwill relates to each of the subsidiaries in the Group. Management has confirmed in writing that goodwill is stated correctly, and our other audit procedure was to arithmetically check the impairment review conducted by management.
6. The associate is a 30% holding in James Co, purchased to provide investment income. The audit team have not obtained evidence regarding the associate as there is no movement in the amount recognised in the statement of financial position.
7. The assets held for sale relate to a trading division of one of the subsidiaries, which represents one third of that subsidiary’s net assets. The sale of the division was announced in May 2012, and is expected to be complete by 31 December 2012. Audit evidence obtained includes a review of the sales agreement and confirmation from the buyer, obtained in July 2012, that the sale will take place.
8. Two of the Group’s subsidiaries are partly owned by shareholders external to the Group.
9. A loan of $8 million was taken out in October 2011, carrying an interest rate of 2%, payable annually in arrears. The terms of the loan have been confirmed to documentation provided by the bank.
Required:
Respond to the note from the audit engagement partner. (22 marks)
Note: The split of the mark allocation is shown within the partner’s note.
(b) The audit engagement partner now sends a further note regarding the Jovi Group:
‘The Group finance director has just informed me that last week the Group purchased 100% of the share capital of May Co, a company located overseas in Farland. The Group audit committee has suggested that due to the distant location of May Co, a joint audit could be performed, starting with the next financial statements for the year ending 30 June 2013. May Co’s current auditors are a small local firm called Moore & Co who operate only in Farland.’
Required:
Discuss the advantages and disadvantages of a joint audit being performed on the financial statements of May Co. (6 marks)
(题干)患者男性，52岁，患慢性肾炎多年，近2个月出现恶心、呕吐。体检：血压182/105mmHg。实验室检查：血红蛋白65g/L，BUN 24mmol/L，Scr 501umol/L。 该患者可能患有的疾病是
Section A – BOTH questions are compulsory and MUST be attempted
(a) You are a manager in Foo & Co, responsible for the audit of Grohl Co, a company which produces circuit boards which are sold to manufacturers of electrical equipment such as computers and mobile phones. It is the first time that you have managed this audit client, taking over from the previous audit manager, Bob Halen, last month. The audit planning for the year ended 30 November 2012 is about to commence, and you have just received an email from Mia Vai, the audit engagement partner.
Comments made by Mo Satriani in your meeting
Business overview
Grohl Co’s principal business activity remains the production of circuit boards. One of the key materials used in production is copper wiring, all of which is imported. As a cost cutting measure, in April 2012 a contract with a new overseas supplier was signed, and all of the company’s copper wiring is now supplied under this contract. Purchases are denominated in a foreign currency, but the company does not use forward exchange contracts in relation to its imports of copper wiring.
Grohl Co has two production facilities, one of which produces goods for the export market, and the other produces goods for the domestic market. About half of its goods are exported, but the export market is suffering due to competition from cheaper producers overseas. Most domestic sales are made under contract with approximately 20 customers.
Recent developments
In early November 2012, production was halted for a week at the production facility which supplies the domestic market. A number of customers had returned goods, claiming faults in the circuit boards supplied. On inspection, it was found that the copper used in the circuit boards was corroded and therefore unsuitable for use. The corrosion is difficult to spot as it cannot be identified by eye, and relies on electrical testing. All customers were contacted immediately and, where necessary, products recalled and replaced. The corroded copper remaining in inventory has been identified and separated from the rest of the copper.
Work has recently started on a new production line which will ensure that Grohl Co meets new regulatory requirements prohibiting the use of certain chemicals, which come into force in March 2013. In July 2012, a loan of $30 million with an interest rate of 4% was negotiated with Grohl Co’s bank, the main purpose of the loan being to fund the capital expenditure necessary for the new production line. $2·5 million of the loan represents an overdraft which was converted into long-term finance.
Other matters
Several of Grohl Co’s executive directors and the financial controller left in October 2012, to set up a company specialising in the recycling of old electronic equipment. This new company is not considered to be in competition with Grohl Co’s operations. The directors left on good terms, and replacements for the directors have been recruited. One of Foo & Co’s audit managers, Bob Halen, is being interviewed for the role of financial controller at Grohl Co. Bob is a good candidate for the position, as he developed good knowledge of Grohl Co’s business when he was managing the audit.
At Grohl Co’s most recent board meeting, the audit fee was discussed. The board members expressed concern over the size of the audit fee, given the company’s loss for the year. The board members would like to know whether the audit can be performed on a contingent fee basis.
Financial Information provided by Mo Satriani
Extract from draft statement of comprehensive income for the year ended 30 November 2012
The draft statement of financial position has not yet been prepared, but Mo states that the total assets of Grohl Co at 30 November 2012 are $180 million, and cash at bank is $130,000. Based on draft figures, the company’s current ratio is 1·1, and the quick ratio is 0·8.
Required:
Respond to the email from the audit partner. (28 marks)
Note: The split of the mark allocation is shown within the partner’s email.
Professional marks will be awarded for the presentation, structure, logical flow and clarity of your answer. (4 marks)
(b) You have just received a phone call from Mo Satriani, Grohl Co’s finance director, in which he made the following comments:
‘There is something I forgot to mention in our meeting. Our business insurance covers us for specific occasions when business is interrupted. I put in a claim on 28 November 2012 for $5 million which I have estimated to cover the period when our production was halted due to the problem with the corroded copper. This is not yet recognised in the financial statements, but I want to make an adjustment to recognise the $5 million as a receivable as at 30 November.’
Required:
Comment on the matters that should be considered, and recommend the audit procedures to be performed, in respect of the insurance claim. (8 marks)
某客户2010年1月5日买入某理财产品，价格是10000元，2011年1月5日到期，得到10500元，期问分配收益500元。则持有期收益率为()。
微信支付 
支付宝支付