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ABSTRAKLaporan magang ini membahas prosedur audit atas siklus pembelian dan utang
yang dilakukan oleh KAP CE atas penugasannya untuk laporan keuangan PT EX
periode 1 Januari 2014 sampai dengan 31 Desember 2014. Laporan magang ini
membahas prosedur audit yang dilaksanakan KAP CE mulai dari aktivitas
perencanaan hingga aktivitas penyelesaian.KAP CE mendeteksi adanya risiko
signifikan yang terjadi pada siklus pembelian dan utang. Risiko tersebut yaitu
penggunaan basis akrual yang tidak tepat. Terdapat 4 (empat) item lini laporan
keuangan (Financial Statements Line Item FSLI) yang harus diuji pada siklus
ini. FSLI tersebut yaitu utang usaha; beban dibayar di muka; akrual, provisi &
kewajiban lainnya; dan beban operasional. Berdasarkan hasil prosedur audit,
dapat disimpulkan bahwa PT EX perlu memperbaiki sistem akuntansi mereka. Di sisi lain, KAP CE telah menggunakan prosedur yang menggunakan ISA sebagai acuannya secara tepat.
ABSTRACTThis report is aimed to explain the KAP CE's audit procedures of purchasing and
payable cycle meant for audit engagement over PT EX's financial statements for
January 1
st
2014 until December 31
st
2014. Furthermore, this report discusses
about audit procedures done by PT EX from planning activities until completion
activities. KAP CE detected any risk on purchasing and payable cycle that is
improper accrual basis usage. There are 4 (four) Financial Statements Line Item
(FSLI) that should be tested in this cycle. There are accounts payable; prepaid
expense; accruals, provision, & other liabilities; and operating expense. Based on
audit result, it can be concluded that PT EX needs to improve their accounting systems. On the other side, KAP CE has complied with ISA as their reference in doing audit procedure., This report is aimed to explain the KAP CE’s audit procedures of purchasing and
payable cycle meant for audit engagement over PT EX’s financial statements for
January 1
st
2014 until December 31
st
2014. Furthermore, this report discusses
about audit procedures done by PT EX from planning activities until completion
activities. KAP CE detected any risk on purchasing and payable cycle that is
improper accrual basis usage. There are 4 (four) Financial Statements Line Item
(FSLI) that should be tested in this cycle. There are accounts payable; prepaid
expense; accruals, provision, & other liabilities; and operating expense. Based on
audit result, it can be concluded that PT EX needs to improve their accounting systems. On the other side, KAP CE has complied with ISA as their reference in doing audit procedure.]