2011年注冊會計師綜合階段試卷二

200451%股權，52009495100的規(guī)模經(jīng)濟效益將家輪系列汽車的成本進一步降低，以增強市場競爭能力。國的股權相應提高至72%。5AA5%，每年年末付息一次，不計復利，到期一次還本，該公司人長期主體信用級別為AA+級。國雄汽投在此之前并未發(fā)行過任何公司債券。5%的水平，因此將公司債券的面票利率確定為5%，并擬采用平價方式發(fā)行該公司債券。同期限和信用等級的公司債券的市場利率上升至6%。10執(zhí)行TQM。到麒麟汽車外方副總經(jīng)理費格遜先生(Mr.Ferguson)的電子郵件，郵件中提及以6%的情況下，如果國雄汽投公司債券的票面利率維持不變（即totheexpatriateengineers（外籍工程師）ofUnicornMotor（麒麟汽車），toexplainbrieflytotheseengineers,thefourbasicelementsofTQM,andtheunderlyingprincipleofTQM.ThememorandumshouldendwithareiterationofwhyitissoimportanttoimprovethequalityofUnicornMotor’sproductsandthatTQMisthebestwaytoachievethatgoal.OnbehalfofYang（楊小兆）,writeanemailtoMr.Ferguson,to(I)explainwhetherYangcantakeuptheofferofpurchasingthecarwitha50%staffdiscount;and（Ⅱ）whetherDirectorLee’ssoncanremainintheauditengagementteam.您的答案正確答案4倍。利率維持不變（5%），計算其債券的發(fā)行價格。債券發(fā)行價格==1000×5%×(P/A,6%,10)+1=50×7.3601+1=926.4（元流出量；i為資本成本。以下算式成立的n為回收期：memorandumtotheexpatriateengineersofUnicornMotortoexplainbrieflytotheseengineers,thefourbasicelementsofTQM,andtheunderlyingprincipleofTQM.ThememorandumshouldendwithareiterationofwhyitissoimportanttoimprovethequalityofUnicornMotor’sproductsandthatTQMisthebestwaytoachievethatgoal.To:Engineers,UnicornFrom:GreenhillDate:XX,September,Subject:IntroductionofAttherequestoftheBoardofDirectors,wearewritingtoyoutobrieflyexplainthefourbasicelementsandtheunderlyingprincipleofTQM.Finally,wewouldliketoemphasizethat,withtheplantofurtherreducethecostsofthecompany’sproducts,itisimportantthatweimplementmeasuresthatcanmaintainorimprovethequalityoftheproducts.Adecreaseinquality,asthepreviousincidentintoimprovethequalityoftheproducts.OnbehalfofYangwriteanemailtoMr.Ferguson,(I)explainwhetherYangcantakeuptheofferofpurchasingthecarwitha50%staffdiscount;and(n)whetherDirectorLee’ssoncanremainintheauditengagementteam.(7marks)To:Mr.FergusonFrom:XiaoZDearMr.Firstofall,thankyouverymuchforofferingmeastaffdiscountof50%forthepurchaseofoneofyourcompany’sshowroomcars.IamafraidthatIcannotacceptyouroffer.Thisisbecausethesbusinessrelationshipwithanauditclient.Inparticular,guidelinesstatethatthepurchaseofgoodsandservicesfromanauditclientbythefirm,oramemberoftheauditteam,oramemberofthatindividual’simmediatefamily,doesnotgenerallycreateofbusinessandatarm’slength.However,suchtransactionsmaybeofsuchanatureormagnitudethattheycreateaself-interestthreat.Thesignificanceofanythreatshallbeevaluatedandittoanacceptablelevel.Examplesofsuchsafeguardsinclude:eliminatingorreducingthemagnitudeofthetransaction;orremovingtheindividualfromtheauditteam.Purchasingthecarat50%discountthatisofferedonlytoyourcompany’sstaffisnotanarm’slengthtransaction.SinceIamtheengagementpartner,Idonotconsiderthereareanyeffectivesafeguardsthatcanbeapplied.Consequently,nomatterhowmuchIwouldliketopurchasethatcar,IhavetodeclineyourSecondly,thankyouagainforlettingmeknowthatoneofthejuniorstaffintheauditengagementteamisthesonofDirectorLee.TheCICPAethicalguidelinessetoutrulesthegovernfamilyandpersonalrelationshipsbetweentheauditteamanditsauditclient.Inparticular,theguidelinesstatethatfamilyandpersonalrelationshipsbetweenamemberoftheauditteamandadirectororofficerorcertainemployees(dependingontheirrole)oftheauditclientmaycreateself-interest,familiarityorintimidationthreats.Numberoffactors,includingtheexistenceandsignificantindividual’sresponsibilitiesonofanythreatswilldependontheauditteam,theroleofthefamilymemberorotherindividualwiththeclientandtheclosenessoftherelationship.Theethicalguidelinesfurtherstatethat,whenanimmediatefamilymemberofamemberoftheauditteamis:(a)Adirectororofficeroftheauditclient;or(b)anemployeeinapositiontoexertsignificantinfluenceovertheoftheclient’saccountingrecordsorthefinancialstatements,duringanyperiodcoveredbytheengagementorthefinancialstatements,thethreatstoindependentcanonlybereducedtoanacceptablelevelbyremovingtheindividualfromtheauditteam.Theclosenessoftherelationshipissuchthatnoothersa