2012年職業(yè)能力綜合測試二卷答案

—、案例分析題【答案首先要改進(jìn)其數(shù)據(jù)匯總功能的缺陷，把基礎(chǔ)數(shù)據(jù)充分利用起來。華光可以將業(yè)務(wù)系統(tǒng)和財(cái)務(wù)系統(tǒng)建立聯(lián)系，利用業(yè)務(wù)系統(tǒng)中詳細(xì)的底層基礎(chǔ)信息加強(qiáng)銷售收入和成本等數(shù)據(jù)從不同維度分類匯總的功能，從而可以靈活地按照內(nèi)部管理的需要從不同角度獲得量化分析數(shù)據(jù)。建議對(duì)“華光”和“明天”這兩條業(yè)務(wù)線分別形成單獨(dú)的經(jīng)營業(yè)績分析表反映該業(yè)務(wù)線的銷售和利潤狀況，從而及時(shí)反映細(xì)分市場的經(jīng)營業(yè)績。因?yàn)橥ㄓ玫呢?cái)務(wù)報(bào)表要平衡各類報(bào)表使用者的需要，其提供的信息并不能完全適用于財(cái)務(wù)分析和企業(yè)內(nèi)部管理，所以企業(yè)需要針對(duì)其自身業(yè)務(wù)的特點(diǎn)作出相應(yīng)調(diào)整，編制管理用財(cái)務(wù)報(bào)表從而適應(yīng)財(cái)務(wù)分析和企業(yè)內(nèi)部管理的需要。管理用資產(chǎn)負(fù)債表將資產(chǎn)和負(fù)債重新分類為經(jīng)營資產(chǎn)負(fù)債和金融資產(chǎn)優(yōu)點(diǎn)缺點(diǎn)導(dǎo)致權(quán)力劃分不清晰，在職能工作和業(yè)務(wù)線工作之間產(chǎn)生①外部：年輕客戶群消費(fèi)需求增長，市場潛力①外部：新業(yè)務(wù)要獲得消費(fèi)者認(rèn)同是一個(gè)巨大的（2）管理的措施①對(duì)于組織機(jī)構(gòu)調(diào)整問題：某些工作流程可能需要重新設(shè)計(jì)，需要對(duì)矩陣上縱向和橫向的權(quán)利、責(zé)任及匯報(bào)線作出清晰劃分，對(duì)于難以清晰劃分的事項(xiàng)可以建立溝通協(xié)調(diào)機(jī)制鼓勵(lì)領(lǐng)域的。②對(duì)于經(jīng)驗(yàn)問題：可以開展員工培訓(xùn)，引入新的工作方法，鼓勵(lì)個(gè)人和團(tuán)隊(duì)創(chuàng)新，也可以考慮從外部聘請(qǐng)有經(jīng)驗(yàn)的人員。③對(duì)于績效評(píng)估問題：加強(qiáng)員工溝通，某些績效評(píng)估標(biāo)準(zhǔn)需要重新設(shè)計(jì)，還可以設(shè)計(jì)一些和激勵(lì)機(jī)制來鼓勵(lì)個(gè)人參與。收購南風(fēng)眼鏡可以產(chǎn)生以下的協(xié)同效南風(fēng)眼鏡針對(duì)年輕客戶群體的豐富經(jīng)驗(yàn)，可以借鑒至華光眼采購總量增大后的規(guī)模效應(yīng)，增強(qiáng)與供應(yīng)商的議價(jià)能力；華光眼鏡還可以借助南風(fēng)的一些優(yōu)質(zhì)采購幫助進(jìn)一貼牌生產(chǎn)可以推廣到華光，尤其是明天門店可以考慮銷售此類產(chǎn)南風(fēng)眼鏡緊張，而華盛財(cái)務(wù)穩(wěn)健可以提供必要的支持Finding:Astoreswereprofitable,Bstoreswerelossmaking;HalfofBstoreswereinoperationfor＜3years.Managementattributedthelossestothenewstores,whosesaleshavenotyetrampedup.Implication:historicalprofitabilityadverselyaffectedbyBmendation:Suggestfurtherinvestigatethemarketpotentialoutsidecentralarea,soasto(i)assesswhetherthemarketforBstoresarereallypromising,(ii)tailorrelevantsalesandmarketingstrategyforBstorestoimprovetheirperformance,and(iii)identifystoresthatshouldbeclosed.Finding：Debtratiotoincrease.DifficultytogetbankImplication:Liquiditymendation:Future ntobeconsideredinFinding:Thereare8storeswithoutwrittenrentalImplication:Riskofnotbeingabletosecurethelease(withoutcontractprotection),inparticularafterthechangeofownershipofNanFengOpticalmendation:TosignleasecontractbeforeacquisitionisFinding:UnrecordedliabilityofRmb4.5millionidentified(financialImplication:Netdebtunderstated,henceimpactthedealpricecalculationmendation:Suggestmanagementtocorrecttheerror.Finding:NetinvestmentwasunderstatedinthecashflowforecastImplication:Cashflowoverstated;enterprisevalueinLOIoverstatedmendation:Suggestre-calculatetheenterpriseFinding:SalesaccountantalsoactastheImplication:Internalcontrolriskcausedbynosegregationofdutiesmendation:SegregationofdutyFinding:ChenNanandZhangXiaotakecriticalrolesinthedailyImplication:ThebusinessofNanFenglikelytobeadverselyaffectediftheyleavethe mendation:ChenNanandZhangXiao’sservicein (atleastintheshortConsidermakeitaconditioninthedealnegotiation收購南風(fēng)眼鏡90%股權(quán)的價(jià)格計(jì)算步驟如扣減少計(jì)的凈投資，經(jīng)調(diào)整后預(yù)測期各年實(shí)體現(xiàn)金流量為：1100萬，1115萬，1260萬，1315萬，1667 ×0.5674=4549.47經(jīng)調(diào)整后后續(xù)期現(xiàn)金流量現(xiàn)值為：1667×(1+5%)÷(12%-5%)×0.5674=14187.84實(shí)體價(jià)值 .84=18737.31凈價(jià)值 +450=7450萬，或凈價(jià)值 =6965起來比較復(fù)雜。比如增加時(shí)，風(fēng)險(xiǎn)上升，股權(quán)成本會(huì)上升，而上升的幅度不容易測算。而用以計(jì)算實(shí)體現(xiàn)金流量現(xiàn)值的平均資本成本則受資本結(jié)構(gòu)的影響較小，其中成本的變化和股權(quán)成本的相應(yīng)變盈虧平衡分析盈虧平衡點(diǎn)銷售收入=5.54÷(1-39.76%)=9.20增長百分比=9.20÷8.3-1=10.84%。B類店需增長10.84%的銷售才能達(dá)到盈虧平①與普通債券相比，可轉(zhuǎn)債券使公司能以較低的利率先取得。由于票面利率低于同一條件下的普通債券利率，降低②與普通股相比，可轉(zhuǎn)債券使公司取得了以高于當(dāng)前股價(jià)普通股的可能性。在新股時(shí)機(jī)不理想時(shí)，可先發(fā)可轉(zhuǎn)不至于因?yàn)橹苯有鹿啥M(jìn)一步降低市價(jià)，而且由于轉(zhuǎn)換期較長，轉(zhuǎn)股時(shí)對(duì)股價(jià)的影響也較溫和，有利于穩(wěn)定股缺點(diǎn)①股價(jià)上漲風(fēng)險(xiǎn)。雖然可轉(zhuǎn)債的轉(zhuǎn)換價(jià)格高于其時(shí)的股價(jià)，但如果轉(zhuǎn)換時(shí)股價(jià)大幅上漲，公司只能以較低的固定轉(zhuǎn)換價(jià)格換出，會(huì)降低公司的股權(quán)籌資額。②股價(jià)風(fēng)險(xiǎn)。可轉(zhuǎn)債，如股價(jià)沒有達(dá)到轉(zhuǎn)股所需要的水平，可轉(zhuǎn)債持有者沒有如期轉(zhuǎn)股，則公司只能繼續(xù)承擔(dān)集中償債壓力大。尤其有些公司可轉(zhuǎn)債的目的是為了籌益資本，股價(jià)會(huì)使其原定目標(biāo)無法實(shí)現(xiàn)除了符合增發(fā)的一般條件外，可轉(zhuǎn)債還需符合的條件①最近3個(gè)會(huì)計(jì)年度平均凈資產(chǎn)收益率平均不低于6%?？鄢墙?jīng)常性損益后的凈利潤與扣除前的凈利潤相比以低者②本次后累計(jì)公司債券余額不超過最近一期期末凈資產(chǎn)額的③最近3個(gè)會(huì)計(jì)年度實(shí)現(xiàn)的年均可分配利潤不少于公司債券1年的利實(shí)施該項(xiàng)利潤分配及資本公積轉(zhuǎn)增股本方案對(duì)華盛的股本、資本公積及未分配利潤的影響金額計(jì)算如下： ×0.4=30000萬元資本公積減少50000×0.420000萬未分配利潤減少 ×0.2=15000公積金提取的規(guī)①法定公積金按抵減年初累計(jì)虧損后的本年凈利潤按10%的比例提取，當(dāng)法定公積金累計(jì)額達(dá)到公司資本50%時(shí)可不②任意公積金按照公司股東大會(huì)的決議提③公司如果沒有提取法定公積金之前就向股東分配利潤的，必須將規(guī)定的利潤退還給公司公司定的公積金用途②擴(kuò)大生產(chǎn)經(jīng)營。盈余公積和資本公積均可做此項(xiàng)用③轉(zhuǎn)增資本。用法定公積金轉(zhuǎn)增資本時(shí)，轉(zhuǎn)增后留存的法定公積金不得少于轉(zhuǎn)增前公司資本的25%；對(duì)于任意公積Changeofownershipofthepropertydoesnotimpairthevalidityoftheexistingleasecontract.Sotheexistingcontractwillcontinuetobevalidbeforeitexpiresbytheendof2013.Undersameterms,lesseehastheprioritytobuytheproperty.SoHuaGuangOpticaldoesnothavetoofferahigherprice.worriedthatlandlordsellthebuildingwithoutlettingthemknow.Thelandlordshouldgivethelesseeareasonablenoticeperiodbeforesellingthebuilding.Ifthelandlordsellsthebuildingwithoutnotifyingthelessee,thelesseecanasklandlordforindemnificationofanylossescaused.DearMr.Thanksforlettingmeknowthattheformerdeputyfinancemanager,Su,ofNanFengOpticalhasrecentlyjoinedourfirm.IamafraidthatSucan’tjointheengagementteam;itwillimpairauditindependence.AccordingtotheCICPAethicalguidelines,thefactthatanauditteammemberwasrecentlyadirector,seniorofficer,oremployeeincertainspecialpositionsoftheaudit,maycreateself-interest,self-review,orfamiliaritythreats.Examplesofspecialpositionsmentionedaboveincludeanemployeeinthefinancedepartmentoftheauditwhopreparedcertainaccountingrecords,onwhichthefirmwillauditandexpressopinion.Theethicalguidelinesfurtherstatesthatifanauditteammemberwasinsuchapositionduringtheperiodcoveredbytheauditengagement,thethreattoindependenceisconsidersoseriousthatnosafeguardscouldpossiblyreducethethreattoanacceptablelevel.Sotheonlysolutionistoremovehim/herfromtheengagementteam.Therefore,IamafraidSucannotbeamemberoftheauditengagementteamofNanFengOptical.Regardingtheadvisoryserviceyoumentionedinyour,firstofall,thankyouverymuchforconsideringGongXinCPA.IneedtoknowmoredetailsofthenatureoftheserviceyourequirebeforeIcandrawadefinitiveconclusiononwhetherwe,astheauditor,areallowedtoprovidesuchadvisoryTheCICPAethicalguidelineshaveprovidedgeneralprinciplestoassesswhethertheprovisionofnon-assuranceservicesmightcreateself-reviewthreatagainstourauditindependence.Ingeneral,weshouldmakesurenottotakeanymanagementroles,suchasthedesignandimplementationofinternalcontrols.Usually,providingprofessionaladvicesandcommentsisnotregardedasmanagementrole.Toavoidtakingmanagementrole,weneedtoensurethat’smanagementteammakesdecisions,evaluatesserviceresults,andtakeresponsibilityforactionstakenfollowingtheserviceresults.InrelationtotheimprovementofNanFengOptical’smanagementysissystem,Iwishtoclarifywithyouonthefollowingquestions,inordertohelpmeunderstandthenatureofthes