Name : Nia Titaning Gami Kusuma
NIM : C1I016021
APPENDIX II
REGULATION OF THE AUDIT BOARD OF THE REPUBLIC OF INDONESIA NUMBER 1 OF 2017 STATE FINANCIAL INSPECTION STANDARDS
STANDARD
EXAMINATION STATEMENTS 100
GENERAL
STANDARDS
PRELIMINARY
Scope
1.
This PSP sets general standards for carrying out
financial checks, performance checks, and PDTT.
2.
This general standard relates to ethics;
independence, integrity, and professionalism; quality control; competence;
consideration of non-compliance, fraud and disobedience; audit communication;
and documentation examination in the implementation and reporting of
examination results; relationship with professional standards used by public
accountants; as well as obligations Government Internal Oversight Apparatus and
public accountants in the examination state finances.
Effective date
3.
This PSP is valid and has binding legal force
from the date invited.
PURPOSE
4.
The purpose of the examiner in implementing the
General Standards is as a basis to be able to implement implementation
standards and reporting standards effective. Thus, this general standard must
be followed by the BPK and all Examiners who carry out checks based on
Inspection Standards.
DEFINITION
5.
For the purposes of this standard, the terms
below mean the following:
a. The
Supreme Audit Agency, hereinafter abbreviated as BPK, is an institution country
that has the duty and authority to examine management and state financial
responsibility.
b. The
examiner is the person who carries out the management inspection task and state
financial responsibility for and on behalf of the BPK.
c. Subject
matter is matters that are examined and / or things that are become a concern
in an audit assignment, which can be in the form of information, conditions, or
activities that can be measured / evaluated based on some criteria.
d. The
subject matter information is the result of an evaluation or the results of the
measurement of the main things against the criteria.
e. Ethics
is an attitude and behavior that shows willingness and the person's ability to
consciously obey the rules and norms that applies in an organization.
f.
The BPK Code of Ethics, hereinafter referred to
as the Code of Ethics, is the norm must be obeyed by each BPK Member and
Examiner while running its duty to maintain the dignity, honor, image and
credibility of the BPK.
g. Independence
is an attitude and action in carrying out examination to be impartial and
deemed impartial to anyone, and is not affected and is seen not to be
influenced by anyone.
h. Integrity
is quality, character, or condition that shows unity intact, having honesty,
hard work, and adequate competence.
i.
Professionalism is the ability, expertise, and
commitment of professions within carry out the task.
j.
Professionals are things that are related to a
profession that is need special intelligence to run it.
k. Professional
skepticism is an attitude that includes the mind always questioning and
critically evaluating evidence examination or other matters during the
examination.
l.
Professional considerations are the application
of collective knowledge, skills, ethics, and experience of examiners in the
inspection process.
m. Quality
control standards are a benchmark for assessing the extent to which the
inspection process runs according to inspection standards.
n. Quality
control system is a set of procedures and policies applied to ensure inspection
practices are in accordance with statutory standards and provisions.
o. Competence is the education,
knowledge, experience and / or expertise a person has, either on examination or
on matters or certain fields.
p. Competent is competent or capable
in the areas under their control.
q. Experts are people who have
expertise in matters or specific areas, which are needed in the examination and
not an Examiner.
r. cheating ( fraud) is the act which
contains the element of intent, intention, benefit themselves or others,
deception, concealment or fraud, and abuse of trust that aims to gain
unauthorized to be money, goods / property, services, and do not pay for the
services, which are performed by one individual or more than the parties
responsible for the governance, employees, or third parties.
s. infelicity ( abuse) is behavior
that is lacking or is not worth doing when compared to the behavior of the wise
and use common sense to consider the governance practices of public finances
well.
t.
Fraud
risk factors are events or conditions that indicate an incentive or pressure to
commit fraud or provide an opportunity to commit fraud.
u. An early indication of fraud are
the symptoms ( red flags) which shows the possibility of fraud.
v. Predication is the entirety of the
event, the circumstances at the time of the incident, and all things related or
associated to bring someone who has common sense, professional, and has a
degree of caution, to be sure that fraud has been, is being or will occur.
Predication is basic to start PDTT in the form of investigative examination.
w. Examination communication is the
process used by the CPC or the examiner in the acquisition of data and
information in the context of the examination of evidence collection and
delivery of examination results to the responsible party.
x. Documentation is the
documentation of inspection audit procedures have been carried out, the
evidence is sufficient and appropriate audit obtained, and the conclusions drawn
by the examiner.ONDITIONS
Ethics
6. Members of the CPC and
the examiner must carry out inspection in accordance with ethical principles as
an essential element of the value of accountability and public expectations to
the CPC and the Examiner in the inspection.
Independence, integrity, and professionalism
7. Members BPK and the
Examiner in performing its duties and authorities must adhere to ethical principles:
independence, integrity, and professionalism are the basic values of the CPC.
(Ref. Para. A1-A2)
8. The examiner should use the professional
skills of a careful and thorough, professional skepticism and professional
judgment throughout the inspection process. (Ref. Para. A3-A9)
Quality control
9. CPCs shall establish a
quality control standards to ensure the quality of the examination results.
10. In applying the quality
control standards, the CPC shall establish and develop a quality control system
to ensure that the examination in accordance with auditing standards and the
provisions of the legislation.
11. The system of quality
control consists of policies and procedures to ensure the acquisition of high-quality
test results in accordance with auditing standards and the provisions of the legislation.
12. The examiner must
implement a quality control system at the time of assignment to provide reasonable
assurance that the examination in accordance with auditing standards and the provisions
of the legislation, and LHP are appropriate in the circumstances.
Competence
13. Examining collectively should have
sufficient professional competence to carry out inspection tasks. Professional
competence is evidenced by a professional certificate issued by competent authorities
or other documents stating expertise. (Ref: Para. A10 - A11)
14. CPCs shall determine the
competencies needed to ensure the Examiner has the appropriate expertise to
conduct the examination assignment.
15. The examiner must maintain
competence through continuing professional education for a minimum of 80
(eighty) hours in two (2) years.
Use of
Expert
16. CPCs may use competent experts.
(Ref: Para. A12)
17. In the use of experts, the CPC must ensure
that the independent expert, qualified, competent in the field, and shall
document that belief.
Utilization
of External Examiner at BPK
18. CPCs may employ outside BPK
examiner and should be independent and have the necessary competence.
Competence of inspectors outside the CPC evidenced by a professional
certificate issued by competent authorities or other documents stating
expertise.
For
Continuing Education Expert and Examiner on Foreign Workers BPK
19. CPCs are responsible for ensuring
energy experts and outside the CPC inspectors involved in the inspection
process meet continuing education requirements.
Non-compliance
considerations, Cheating, and infelicity
20. The examiner should design the
audit to provide reasonable assurance to detect non-compliance with the
provisions of the legislation, contracts, and other legal products that have
direct effect and material to the subject matter / subject matter information
being examined. The direct effect and material can be:
a. things that cause misstatements in
the financial statements;
b.
things
that cause performance irregularities related to the economic aspects, efficiency,
and effectiveness;
c.
things
that cause deficiencies and irregularities in the administration acceptance;
and / or
d.
things
that cause the potential loss of state / regional and / or financial loss
countries / regions.
21. The examiner should identify fraud
risk factors and assess the risks of non-compliance with the provisions of the legislation which is due
to fraud ( fraud) and / or impropriety ( abuse).
These risks should be considered as a significant risk (
significant risks) and the examiner must gain an understanding of controls
associated with these risks. (Ref: Para. A13)
22. If there is a risk of
non-compliance with the provisions of the legislation which indicate fraud and impropriety
that significantly affect the subject matter / subject matter information is
checked, the Investigator must modify the procedure to identify the occurrence
of fraud and / or impropriety, and to determine their impact on the subject
matter / information about the subject matter being examined.
23. The examiner must disclose
non-compliance with the provisions of the legislation which indicate fraud,
impropriety, and / or loss countries / regions, as well as a direct effect of non-compliances
and material to the subject matter / subject matter information is checked according
to regulations.
24. PDTT in the form of investigative
checks only when there is sufficient predication. Predication can be derived
from the findings of the examination besides PDTT in the form of investigative
checks, internal and external parties information BPK. The findings or the
information should be tested for feasibility before it could be accepted as a
predication.
communications
Inspection
25. The examiner must establish an
efficient and effective communication throughout the process, so that the
inspection process to run smoothly and the results can be understood and acted upon
by the parties responsible and / or stakeholders. (Ref: Para. A14)
26. The examiner should use
professional judgment to determine the form, content, and intensity of communication.
27. If there is a cessation of the
examination, examiner must provide a written explanation to the officials who
give the assignment.
28. CPCs shall communicate in writing
the reason for termination hearing to the audited entity, the entity requesting
examination, agency representatives, and / or law enforcement agency.
documentation
Examination
29. The examiner must establish an
adequate examination of the documentation in a timely manner at all stages of
investigation and provide a clear understanding of audit procedures performed, professional
judgment, evidence obtained and conclusions made.
30. The examiner must establish
inspection documentation in order to provide clear and adequate information.
Through the documentary, Another examiner who has no background knowledge on
the examination can understand the nature, scope and results of audit
procedures performed, evidence obtained in support of the findings,
conclusions, and recommendations of the inspection, as well as the reason
behind all significant matters required in taking professional judgment and
related conclusions.
31. CPCs should develop inspection documentation
system that efficiently and effectively in accordance with the provisions of
the legislation.
Relations
with Professional Standards Used by Public Accountant
32. In the financial checks, these
checks Standards enforce auditing standards contained in SPAP defined by the
association of the public accounting profession, all other provisions in this Inspection
Standards.
Obligations
of Government Internal Supervisory Apparatus and Public Accountant in the
State
Audit
33. The Government Internal Supervisory
Apparatus which to conduct performance audits and audits for specific purposes,
and public accountants who examine the financial state based on the provisions
of law shall implement all relevant provisions of this Inspection Standards
EXPLANATION OF APPLICATION
AND OTHER MATERIALS
Independence, integrity, and professionalism
The independence (Ref: Para.
7)
A1. BPK need personal attention disorders the
independence inspectors. Personal disruption caused by a relationship and personal
views may result in the Examining limiting the scope of questions and
disclosures or weaken the findings in all its forms. The examiner is
responsible to inform the competent authorities in the CPC if it has a private
nuisance against independence. Personal interference of individual inspectors,
among others:
a. relationship
consanguinity upward, downward, or marriage to the second degree with the management
of the entity or program being examined;
b. has a financial
interest, directly or indirectly, to any entity or program being examined;
c. never work or provide
services to the entity or program being examined within a period of two (2)
years;
d. have a cooperative
relationship with the entity or program being examined; and
e. involved directly or
indirectly in the object of inspection activities, such as providing assistance,
consulting services, systems development, drafting and / or reviewing the financial
statements of the entity or program being examined.
Integrity (Ref: Para.7) A2.
Integrity among others is manifested in being honest, objective,
and firm in applying the
principles, values and decisions. Disruption of the integrity
include:
a.
requesting and / or receiving money, goods, and / or facilities,
either directly or indirectly from the parties related to the investigation;
b.
hinder
the implementation of inspection tasks to private interests, a person, and / or
class;
c.
imposing
personal will to the parties under investigation; and
d.
change
findings or orders to change the inspection findings, opinions, conclusions,
and recommendations examination results that do not fit the facts and / or
evidence in the examination.
Professional Proficiency (Ref: Para. 8)
A3. The examiner should use the professional skills of a
careful and thorough in determining the type of examination to be carried out,
determine the scope of the examination, choosing methodology, determining the
type and amount of evidence to be collected, or in selecting the testing and
procedures for conducting the examination, as well as in the assessment and
reporting of test results.
Professional Skepticism (Ref: Para. 8)
A4. The examiner must plan, implement, and report inspection with
an attitude of professional skepticism. Examiner recognizes that certain
circumstances can cause major issues deviate from the criteria. The attitude of
professional skepticism means the examiner makes a critical assessment in mind
always questioned the sufficiency and appropriateness of evidence obtained
during the investigation.
A5. The examiner should use professional skepticism in
evaluating the risk of fraud significantly to determine factors or risks that
could significantly affect the work of inspectors if cheating occurred or may
have occurred. A6. The examiner should use professional skepticism towards
things, between others, the following:
a. examination of evidence as opposed
to other examinations of evidence obtained;
b. information that raises questions
about the reliability of documents and responses to inquiries used as evidence
of the investigation;
c. circumstances indicate the
existence of fraud and / or impropriety; and
d. conditions allowing the need for
additional inspection procedures in addition to the procedures required in the
examination guidelines.
Professional Considerations (Ref: Para. 8)
A7. The examiner should use professional judgment in making
decisions on:
a. the subject matter / subject matter
information;
b. appropriate criteria;
c. related parties of the
investigation
d. level of confidence;
e. scope of the investigation;
f.
the
risk of investigation;
g. inspection procedures to be used in
relation to the risk of inspection; and
h. materiality.
A8. The examiner should also use professional judgment in evaluate
the adequacy and accuracy of the examination of evidence obtained, and measures
to achieve the overall goal of the examination has been carried out.
A9. The examiner should use professional judgment in making conclusions
based on evidence obtained by examination.
Competence
(Ref: Para.13)
A10. Professional competence include education and experience.
Competence professionals are not only measured quantitatively how long
experience of examination, because it can not accurately describe the type of
experience of the examiner. The most important element for the Examiner is
maintaining professional skills through a commitment to learning and professional
development throughout the life of the examiner.
A11. Investigator assigned to carry out the examination
according to the standards checks should collectively have the competence:
a. educational background, expertise
and experience, as well as knowledge of the inspection standards applicable to
the type of examination that is assigned;
b. general knowledge of environmental
entities, programs, and activities examined (object of inspection);
c. skills to communicate clearly and
effectively, both orally and in writing; and
d. skill that requires specialized
knowledge in specific areas in accordance with the examination carried out.
Use of Experts (Ref: Para.16)
A12. The expert can be used to provide advice to the Examiner as
well as being part of the team Examiner.
Non-compliance
considerations, fraud and impropriety (Ref: Para. 21)
A13. Examining only the interest on the initial indications of
fraud a material impact on opinions or conclusions. Although Examiner
discovered early indications of fraud, the Investigator was not authorized to
declare fraud has occurred since the term fraud is a legal sphere.
Communication
Inspection (Ref: Para. 25)
A14. Examining communicate things that are associated with the
inspection process, among other objectives of the investigation, the scope of
the examination, the examination time, the examination criteria, the audit
findings, and difficulties or constraints encountered during the examination.
PDTT in the form of special investigative examination, the Investigator may
limit communication on matters relating to the inspection process.
CHAIRMAN OF THE BOARD AUDIT
REPUBLIC OF INDONESIA,
Signed
HARRY AZHAR AZIS
Copies
of the original
AUDIT
BOARD OF THE REPUBLIC OF INDONESIA Head of the Main
Directorate
of Promotion and Development
State Audit Law,
Signed
Nizam Burhanuddin
APPENDIX III
REGULATION OF THE AUDIT
BOARD OF THE REPUBLIC
OF INDONESIA NUMBER 1 OF
2017
STATE FINANCIAL
INSPECTION STANDARDS
Standards EXAMINATION 200
STANDARD
implementation of
audit
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
2017
STANDARD STATEMENT OF
EXAMINATION 200
STANDARD EXAMINATION
PRELIMINARY
Scope
1. The PSP is set
responsibility in carrying out the examination examiner that includes planning,
examination of evidence collection, development of audit findings, and
supervision.
2. Planning relating to
responsibility Examining responsibility in connecting the examination topics
that will be done by the CPC strategic planning and planning for every
assignment inspection.
3. Collection of evidence
relating to the responsibilities of Audit in designing and implementing inspection
procedures to obtain evidence sufficient and appropriate checks, support an
accurate conclusion, according to the characteristics to be possessed by the
examination of evidence in an investigation.
4. Development of
inspection findings related to the responsibility of inspectors in developing
the audit findings based on evidence obtained by examination.
5. Supervising Examiner
relating to responsibility in providing direction and guidance to the examiner
during the examination to ensure the achievement of the purpose of inspection
and compliance with audit standards.
Effective date
6. The PSP is valid and
binding legal effect from the date of promulgation.
AIM
7. Interest Examiner in
applying this standard is to:
a.
planned quality checks to be carried out efficiently and
effectively; and
b.
designing and implementing inspection procedures to obtain
sufficient appropriate evidence.
DEFINITION
8. For the purpose of this
standard, the below terms mean as follows:
a.
Strategic planning is the process of formulating the vision and
mission that prepared the CPC every period of 5 (five) year and contained in
the Strategic Plan (Plan). Strategic Plan contains the vision and mission of
the CPC will be achieved within a period of five (5) years, and shall include
the examination of policies and strategies is a priority.
b.
Assignment planning is a process that involves the determination
of the overall inspectio strategy and development plan of the examination.
c.
Internal control is a process designed, implemented, and monitored
by the management and personnel of the entity that is responsible for the
governance of the entity to provide reasonable assurance of achieving the
entity's objectives.
d.
Risk inspection is the risk of the possibility that the findings,
conclusions and / or recommendations Examiner is incorrect or incomplete, as a
result of factors such as insufficient evidence and / or improper, inspection
procedures were inadequate, or omission, deliberate or misleading information.
e.
The purpose connected with the examination of the implementation
of an inspection. Specifically, the purpose of the examination will determine
the type of examination.
1)
The purpose of the audit is to obtain reasonable assurance so that
the examiner is able to provide an opinion that the financial statements
present fairly, in all material respects, of compliance with accounting
standards, the adequacy of disclosure, compliance with laws and regulations,
and the effectiveness of internal control systems;
2)
The purpose of the examination is to test the performance and
assessing the aspects of economy, efficiency and / or effectiveness, as well as
other performance aspects on a
subject matter being examined with a view to provide recommendations that can
be pushed toward improvement;
3)
Interest
PDTT in the form of compliance checks is to assess whether the subject matter is
checked accordingly (submissive) with the provisions of the legislation;
4)
Interest
investigative PDTT in the form of checks is to uncover any indication of loss
of country / region and / or criminal elements.
f.
The
scope of the examination is a clear statement of focused, comprehensive, and
limit checks.
g.
Criteria
are the benchmarks used in examining and assessing the subject matter, in this
case the information disclosed in financial management and accountability the
state, including benchmarks presentation and disclosure of relevant.
h.
Pick-test
is the selection of some of the elements in the population as a basis to draw
conclusions on the overall population.
i.
Population
is the data that is the source of the sample to be selected, in which the
examiner intends to draw conclusions from the overall data.
j.
Pick-test
risk is the risk that the Examiner conclusion based on the selected sample is
different from the conclusion if the same audit procedures applied to the whole
population.
k.
Supervision
is an activity that includes giving direction and guidance to the examiner
during the examination to ensure the achievement of the purpose of inspection
and compliance checks to continue to receive the latest information about
significant problems encountered, carry review for the work performed, and
providing training ( training) and guidance ( mentoring) effective in the
implementation of quality control.
l.
Business
continuity ( going concern) is the assumption that an entity is deemed to
survive in the duties and functions or business for the future can be
predicted.
m.
An
early indication of fraud are signs that indicate the possibility of fraud.
CONDITIONS
Plan
9.
BPK and the examiner must plan the
examination as well as possible.
10.
CPCs should make strategic planning for the
implementation of inspection tasks and meet stakeholder expectations.
BPK relationship with Strategic Planning
11. CPCs should be guided
by the Strategic Plan of the CPC in the annual inspection plan. In an examination
of performance and PDTT, examiner must determine the subject matter to be examined.
The examiner must specify the factors on which to base consideration in the determination
of the subject matter. (Ref: Para. A1-A2)
planning Assignment
12. The examiner must state
clearly the purpose of the examination of the information subject matter or
subject matter to be examined.
13. The examiner must
ensure clarity every assignment inspection performed. (Ref: Para. A3)
14. The examiner must
acquire an understanding of the entity and / or subject matter / subject matter
examined information required to identify the problem, determine materiality,
risk, types and sources of evidence, as well as auditabilitas. (Ref: Para.
A4-A6)
15. The examiner should
obtain a sufficient understanding of internal control over the use of professional
judgment. (Ref: Para. A7-A9)
16. The examiner must
assess and respond to risk inspection using professional judgment. (Ref: Para.
A10-A11)
17. The examiner must
identify and measure the material risks as a result of fraud.
18. The examiner must
update the risk assessment and response to the whole process of inspection
using professional judgment.
20. The examiner shall establish appropriate criteria as the basis for
assessing the subject matter or subject matter information being examined.
(Ref: Para. A12-A15)
21. The examiner must consider the materiality of the whole process of
inspection using professional judgment. (Ref: Para. A16-A17)
22. The examiner must update the assessment of the materiality of the whole
process of examination based on risk assessment using professional judgment.
23. In the financial checks, The examiner must consider business continuity
( going concern) and events that occurred between the date of the financial
statements and business continuity ( going concern) and events that occurred
between the date of the financial statements and business continuity ( going
concern) and events that occurred between the date of the financial statements
and the date of LHP. (Ref: Para. A18)
24. The examiner must update the audit plan as necessary during the
inspection process.
Obtaining evidence
25. The examiner should design and implement appropriate audit procedures to
obtain evidence sufficient and appropriate inspection. (Ref: Para. A19)
26. The examiner must implement procedures that have been designed to obtain
evidence sufficient checks and worthy of fraud risks that have been identified.
27. The examiner must determine the overall response if it is found early
indications of fraud / indications of fraud in the examination.
28. The examiner must consider the sufficiency and appropriateness of
evidence in identifying the sources of potential data derived from the audited
entity, the results of the analysis Examiner, or other parties. (Ref: Para.
A19)
29. The examiner must deepening if the acquisition of evidence, the
Investigator suspect that the document was not authentic or the contents of the
document have been modified but not communicated to the Examiner.
30. The examiner must modify the procedures required inspection if
inspection evidence obtained from one source contradicts or is inconsistent
with evidence obtained from other sources or Examiner has doubts about the
reliability of the information that will be used as proof of inspection.
31. The examiner can obtain evidence by using pick-test inspection to
provide an adequate basis for the Examiner to draw conclusions.
32. Throughout the process, the examiner must Me review adequacy and 32.
Throughout the process, the examiner must Me review adequacy and 32. Throughout
the process, the examiner must Me review adequacy and the accuracy of the
evidence and relate it to the purposes of the investigation and responded to
analyze the need to modify the inspection procedures. (Ref. Para. A20)
findings development
33. The examiner should develop inspection findings if it finds a mismatch
between the conditions and criteria.
34. The examiner must consider the findings element consisting of the
conditions, the criteria, as a result, and because in developing the inspection
findings. However, the elements needed for an examination findings depend on
the objectives of the investigation. (Ref: Para. A21)
35. The examiner can make the inspection findings to meet the purposes of
the investigation in order to draw conclusions and / or recommendations. (Ref:
Para. A22)
36. If discovered early indications of fraud, the Investigator must follow
the initial indications of fraud in accordance with the provisions. (Ref: Para.
A23)
37. The examiner should be supervised properly
EXPLANATION OF APPLICATION AND OTHER MATERIALS
BPK relationship with Strategic Planning
A1. Understanding of the Strategic Plan is required to provide strategic
direction in preparation of the annual audit plan, determining the assignment
expectations, and objectives of the investigation.
A2. Factors on which the judgment determining the subject matter between
Another community expectations and materiality of a subject matter.
planning Assignment
A3. The information needs to be widely understood among other major
issues / information points that will be examined, the scope and purpose of
inspection, access to the required data, a report will be generated, the
inspection process, the parties can be reached during the inspection, and the
roles and responsibilities of all parties related to the inspection.
A4. An understanding of the entity and / or subject matter / subject
matter information is checked
can be obtained from the knowledge that has been owned Examiner over the
entity and / or subject matter / subject matter information being examined and
the results of the information collection during the examination
A5. An understanding of the entity and / or subject matter / subject
matter information is checked can be obtained by considering the results of the
previous inspection, including the understanding of the results of internal
control, risk assessment, as well as the inspection findings.
A6. An understanding of the entity and / or subject matter / subject
matter appropriate information examination Examiner relies on knowledge of the
environment control. Understanding of the entity controlling the examiner on
the environment is important, because the control environment is the basis for
the internal control system to achieve the entity's objectives
A7. An understanding of internal control includes the condition of
internal control
which is relevant both in time and substance with the investigation or
that are material to the subject matter / subject matter information.
A8. An understanding of the entity and its environment and an
understanding of internal control relevant to the investigation or which is
material to the subject matter / subject matter information, will be associated
with the risk assessment process, including risk assessment of fraud and
impropriety. Effectiveness of internal control relevant to the investigation
may affect the risk of inspection. Further, the Examiner can modify the nature,
timing or scope of the examination procedure in accordance with the Audit
assessment on internal control and the results of testing of internal control.
A9. Professional judgment is used to determine whether a control
individually or jointly with others is relevant to the examination or material
nature of the subject matter / subject matter information.
A10. Assessment and response is done by considering the inherent risk,
control risk, and detection risk associated with the entity and subject matter
/ subject matter information being examined.)
A11. Examining get an understanding of the internal control system
relevant to the investigation, including the management of risks associated
with the entities examined as well as the adequacy of the risk management in
support of the achievement of organizational goals. When obtaining an
understanding of relevant controls with the examination, the examiner should
evaluate the design of those controls and determine whether the control is
carried out.
A12. Determination of criteria is affected by the subject matter /
subject matter information
checked and objectives of the investigation. The criteria in the form of
a formal audit, the accounting standard which is a financial reporting
framework used by compilers of financial statements.
A13. In the examination of performance, if there are no formal
criteria source accordance with the design objectives of the investigation, the
Investigator may develop inspection criteria based on specific source and
expressed in a transparent manner.
A14. In an examination of performance and PDTT with form compliance
checks, if the examiner identifies several sources of conflict between the
criteria used, the examiner must analyze the consequences of any such conflict,
and responded by doing the following:
a.
modify the purposes of the investigation or
the subject matter / subject matter information to be checked;
b.
decided not to make an assessment of the
subject matter / subject matter information; or
c.
involving experts to obtain their views on
the conflict of several sources of criteria.
A15. If based on the professional judgment Examiner decided to selecting
one of the sources of criteria, the Investigator must disclose their opposition
sources criteria and reasons for selecting certain criteria in LHP source. The
examiner can give consideration to the government on the issue of conflict of
criteria resources.
A16. Something may be judged material if knowledge of it might affect
your decision-making by users of LHP. Materiality includes quantitative and
qualitative aspects. Materiality considerations influence the decisions
concerning the nature, timing and extent of examination procedures and
evaluation of test results. PDTT special examination in the form of performance
and compliance checks, are also considered in determining the materiality of
topics and inspection criteria.
A17. Things are becoming professional judgment in determining the level
of materiality include LHP user needs, for example the attention of
stakeholders, public interest, and the impact on the community; innate
characteristics in a case or a group of things; the context of the occurrence
of a case; and statutory requirements
A18. The examiner must obtain evidence sufficient appropriate
examination
to determine the existence of events or conditions that may cast doubt
significantly to the ability of the audited entity related to business
continuity ( going concern) as well as events ability of the audited entity
related to business continuity ( going concern) as well as events ability of
the audited entity related to business continuity ( going concern) as well as
events occurring between the date of the financial statements and the date of
LHP that require adjustment or disclosure in the financial statements that have
been identified. Obtaining evidence
A19. The examiner can obtain data and information by, among others
observation, interviews, surveys, and measurements. In determining the method
of data acquisition, the Investigator uses professional judgment. If necessary,
the Investigator may use experts to help in the design methodology of obtaining
data and information.
A20. The adequacy of the evidence based on the belief that the evidence
Examiner findings development
A21. The element is called a complete inspection findings throughout the
examination purpose have been met. The audit findings are clearly associated
with the element of interest examination findings.
A22. If there is ineffective or non-compliance of the internal control,
fraud, and / or misbehavior in the material but does not directly support the
objectives of the investigation, the Investigator should discuss it in stages
to decide whether to do a special inspection related or not.
A23. The Examiner found the early indications of fraud, the Investigator
may follow up by proposing PDTT in the form of investigative examination
A24. Supervision conducted in phases and is intended to ensure
achievement of objectives and the achievement of quality inspection checks in
accordance with inspection standards.
A25. Nature and extent of supervision, as well as review Examining the
results of work may
varies depending on several factors, such as the number of personnel in
the Audit team, the importance of the inspection work, and experience Examiner.
A26. Supervision includes the following matters:
a.
monitor the progress of the investigation;
b.
consider the competence and ability of each
team member Investigators, including the sufficiency of time allotted to carry
out his work, his understanding of instructions given, and the suitability of
execution of the work with an approach that has been planned;
c.
The examiner directs all significant matters
arising during the examination, considering the significance of and modify the
approaches that have been planned properly; and d. identify the things that
need to be consulted or considered by members of the team more experienced
examiner during the examination.
A27. Person who supervises also facilitate mentoring in Audit team
during the inspection process.
APPENDIX IV
REGULATION OF THE AUDIT BOARD OF THE REPUBLIC
OF INDONESIA NUMBER 1 OF 2017
STATE FINANCIAL INSPECTION STANDARDS
STANDARDS EXAMINATION 300
STANDARD inspection reporting
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
2017
EXAMINATION REPORTING STANDARDS
PRELIMINARY
Scope
1.
The PSP is set obligations LHP Examiner in
preparing for financial audit, performance audit, and PDTT.
2.
LHP serves to: (1) communicate the
examination results to the authorities by the legislation in force; (2) to
avoid any misunderstanding on the results of the investigation; (3) make the
results of the examination as a material to take remedial action by the
responsible party; and (4) facilitate follow-up monitoring to determine the
effect of the corrective actions that should be done.
Effective date
3.
The PSP is valid and binding legal effect
from the date of promulgation.
AIM
4.
Interest Examiner in implementing reporting
standards are: a. formulate conclusions based on an evaluation of the results
of the examination of evidence obtained; and b. communicate the examination
results to the relevant parties.
DEFINITION
5.
The terms in this standard means as follows:
a.
LHP is a written report of the inspection
process that contains the results of an analysis of the testing of evidence
obtained during the inspection.
b.
LHP users are those who use LHP BPK, among
other representative institutions, governments, and other parties who have an
interest against LHP.
c.
The conclusion is a logical interpretation of
the subject matter / subject matter information based on the test results of
evidence and not just a summary of the findings. d. Recommendations are
suggestions from the Examining based on results of the examination, which is
addressed to people and / or entities which are authorized to act and / or
repair.
CONDITIONS
Must Generating Reports
6.
The examiner must prepare a written LHP to
communicate the results of the examination.
7.
The examiner must prepare LHP timely,
complete, accurate, objective, convincing, clear, and concise
Elements LHP
8.
LHP must meet the elements of a report in
accordance with the type of examination. LHP element among others:
a.
A statement that the inspection carried out
in accordance with auditing standards;
b.
The objectives, scope, methodology;
c.
Conclusion;
d.
The findings of the investigation;
e.
Recommendations examination;
f.
Responses responsible party; and
g.
Signing LHP.
The statement that the examination Executed In accordance with
Inspection Standards
9.
The examiner must certify that the
examination conducted in accordance with auditing standards. The Examiner can
not carry out the inspection standards for restriction of the scope of the
material, it should be stated in the report
Objectives, Scope, Methodology
10.
The examiner shall contain the objectives,
scope, and methodology of the examination clearly in the LHP. Such information
is important for users of LHP in order to understand the purpose and type of
examination, as well as provide a reasonable perspective on what was reported.)
Conclusion
11.
The examiner should be an overall summary of
the results of the examination. The conclusion is the answer to achieving the
objectives of the investigation.
12.
The conclusion must be stated clearly and
convincingly. The strength of the conclusions determined by convincing evidence
and supported by appropriate methodology.
Examination findings
13.
The examiner must disclose the findings of
the LHP if there is a mismatch between the condition of the criteria. The audit
findings that contains an early indication of fraud presented in the LHP
without explaining in detail the alleged fraud. But his explanation is more
focused Examining the impact of these findings on the subject matter / subject
matter information to the purpose of inspection.
Recommendation
14.
Recommendations are only given to the
responsible party. Recommendations should encourage the improvement of the
weaknesses found, but not beyond what the limits of their responsibilities.
15.
Recommendations must clearly state what
should be improved as well who is authorized to implement the recommended
improvements. Recommendations must be submitted in line with the objectives,
findings, and conclusions of the examination results.
Responses Responsible Parties
16.
A16. Especially for PDTT in the form of
investigative checks, for the purpose of the audit is to express an indication
of loss to the state and / or the crime of the Examiner did not ask for a
written response to the responsible party.
1.
OPINION "unqualified"
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT OF INSPECTION
FINANCIAL STATEMENTS
Report on the Financial Statements
Based on Law No. 15 Year 2004 concerning Management and
Accountability of State Finance and Law Number 15 Year 2006 regarding the
Supreme Audit Agency, BPK has examined the Financial tatements Government / Ministry / Institution
/ Agency ...., consisting of the Balance Sheet December 31, 20XX, Budget Realization
Statement, Statement of Changes More Budget balance, Statements of Operations,
Statement of Cash Flows, and Statement of Changes in Equity for the year ended
on that date, and Notes to Financial Statements.
Government Responsibility Financial Statements
Government / Ministry / Institution / Agency .... responsible for
the preparation and fair presentation of financial statements in accordance
with Government Accounting Standards and adequate internal controls to prepare
financial statements that are free from material misstatement, whether caused
by fraud or error.
The responsibility of the CPC
BPK responsibility is to express an opinion on the financial
statements
ILLUSTRATION PSP 300.A
67
By the BPK. CPCs carrying out inspection by the State Financial
Inspection Standards. Those standards require that CPCs comply with the code of
conduct CPCs, and to plan and carry out an audit to obtain reasonable assurance
whether the financial statements are free of material misstatement. An
examination includes testing of the evidence supporting the figures and
disclosures in the financial statements. The procedures selected based on
professional considerations Investigators, including the assessment of risk of
material misstatement in the financial statements, whether due to fraud or
error. In conducting the risk assessment, the Examining consider internal
control relevant to the preparation and fair presentation of the financial
statements of the Government / Ministry / Institution / Agency .... to design
appropriate audit procedures in accordance with the existing conditions, but
not for the purpose express an opinion on the effectiveness of internal control
Government / Ministry / Institution / Agency ....
BPK believes that the evidence examination has been obtained is
sufficient and appropriate, as a basis for the opinion expressed BPK.
opinion
According to the BPK's opinion, the financial statements referred
to above present fairly, in all material respects, the financial position of
the Government / Ministry / Institution / Agency .... December 31, 20XX, and
the realization of the budget, changes in the budget balance over, operations,
cash flows and changes in equity for the year ended on that date, according to
the Government Accounting Standards.
The report on the SPI and Compliance
To obtain reasonable assurance about the fairness of the financial
statements, the CPC also conduct an examination of the internal control system
and compliance with the provisions of the legislation. Audit Reports on
Internal Control System and Audit Reports on Compliance
68
STATE FINANCIAL INSPECTION STANDARDS
The provisions of legislation presented in the Report No. .... /
LHP / ...,/ 05 / 20XX and No. .... / LHP / .... / 05 / 20XX date .... May 20XX,
which is an integral part of these statements.
2. SAMPLE OPINION "FAIR WITHOUT EXCEPTION WITH AN EMPHASIS
THIS PARAGRAPH"
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT OF INSPECTION
FINANCIAL STATEMENTS
Report on the Financial Statements
Based on Law No. 15 Year 2004 concerning Management and
Accountability of State Finance and Law Number 15 Year 2006 regarding the
Supreme Audit Agency, BPK has examined the Financial Statements Government /
Ministry / Institution / Agency ...., Which consists of the Balance Sheet date
31 December 20XX, Budget Realization Statement, Statement of Changes More
Budget balance, Statements of Operations, Statement of Cash Flows, and
Statement of Changes in Equity for the year ended on that date, and Notes to
Financial Statements.
Government Responsibility Financial Statements
Government / Ministry / Institution / Agency .... responsible for
the preparation and fair presentation of financial statements in accordance
with Government Accounting Standards and
dequate internal controls to prepare financial statements that are free
from material misstatement, whether caused by fraud or error.
Responsibilities of the CPC
BPK responsibility is to express an opinion on the financial
statements by the BPK. CPCs carrying out inspection by the State Financial
Inspection Standards. Those standards require that CPCs comply with the code of
ethics
70\
STATE FINANCIAL INSPECTION STANDARDS
CPCs, and to plan and carry out an audit to obtain reasonable
assurance whether the financial statements are free of material misstatement.
An examination includes testing of the evidence supporting the figures and
disclosures in the financial statements. The procedures selected based on
professional judgment examiner, including the assessment of risk of material
misstatement in the financial statements, whether due to fraud or error. In
conducting the risk assessment, the Examining consider internal control
relevant to the preparation and fair presentation of the financial statements
of the Government / Ministry / Institution / Agency .... to design audit
procedures right in accordance with the existing conditions, but not for the
purpose express an opinion on the effectiveness of controls Internal Government
/ Ministry / Institution / Agency ....
Tests done BPK also include an evaluation of the accuracy of
accounting policies used and the reasonableness of accounting estimates made by
Government / Ministry / Institution / Agency ...., as well as the evaluation of
the presentation of the report overall finances. BPK believes that the evidence
examination has been obtained is sufficient and appropriate, as a basis for the
opinion expressed BPK.
opinion
According to the BPK's opinion, the financial statements referred
to above present fairly, in all material respects, the financial position of
the Government / Ministry / Institution / Agency .... December 31, 20XX, and
the realization of the budget, changes in the budget balance over, operations,
cash flows and changes in equity for the year ended on that date, according to
the Government Accounting Standards.
Emphasis One thing
BPK emphasis on .... Notes to the Financial Statements Government
/ Ministry / Institution / Agency .... which explains that in FY 20XX changes
in the organizational structure in the Government / Ministry / Institution /
Agency which resulted ......... .... Opinion CPC is not modified in relation
thereto.
71
The report on the SPI and Compliance
To obtain reasonable assurance about the fairness of the financial
statements, the CPC also conduct an examination of the internal control system
and compliance with the provisions of the legislation. Audit Reports on
Internal Control System and Audit Reports on Compliance with the provisions of
legislation presented in the Report No. .... / LHP / ... ,/ 05 / 20XX and No.
.... / LHP /. ... / 05 / 20XX date .... May 20XX, which is an integral part of
thes statements.
72
3. OPINION "FAIR WITH THE EXCEPTION"
(BECAUSE OF LIMITATIONS ON THE SCOPE)
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT OF EXAMINATION OF THE
FINANCIAL STATEMENTS
Report on the Financial Statements
Based on Law No. 15 Year 2004 concerning Management and
Accountability of State Finance and Law Number 15 Year 2006 regarding the
Supreme Audit Agency, BPK has examined the Financial Statements Government /
Ministry / Institution / Agency ...., Which consists of the Balance Sheet date
31 December 20XX, Budget Realization Statement, Statement of Changes More
Budget balance, Statements of Operations, Statement of Cash Flows, and
Statement of Changes in Equity for the year ended on that date, and Notes to
Financial Statements.
Government Responsibility Financial Statements
Government / Ministry / Institution / Agency .... responsible for
the preparation and fair presentation of financial statements in accordance
with Government Accounting Standards and adequate internal controls to prepare
financial statements that are free from material misstatement, whether caused
by fraud or error.
Responsibilities of the CPC
BPK responsibility is to express an opinion on the financial
statements by the BPK. CPCs carrying out inspection by the State Financial
Inspection Standards. Those standards require that CPCs comply with the code of
conduct CPCs, and to plan and carry out checks to obtain assurance
73Adequate whether the financial statements are free of material
misstatement. An examination includes testing of the evidence supporting the
figures and disclosures in the financial statements. The procedures selected
based on professional judgment examiner, including the assessment of risk of material
misstatement in the financial statements, whether due to fraud or error. In
conducting the risk assessment, the Examining consider internal control
relevant to the preparation and fair presentation of the financial statements
of the Government / Ministry / Institution / Agency ....to design audit
procedures right in accordance with the
existing conditions, but not for the purpose express an opinion on he effectiveness of controls Internal
Government / Ministry / Institution / Agency .... Tests done BPK also include
an evaluation of the accuracy of accounting policies used and the
reasonableness of accounting estimates made by Government / Ministry /
Institution / Agency ...., as well as the evaluation of the presentation of the
report overall finances. BPK believes that the evidence examination has been
obtained is sufficient and appropriate, as a basis for the opinion expressed
Fair With Exceptions.
Opinion basis Fair With Exceptions
As Revealed in Note 1.I.3 .... and attachment to the Financial Statements,
[NAME OF ENTITY] present value of fixed assets at December 31,
20XX Rp XXX. From these values, of which Rp XXX is not supported with details.
[ ENTITY NAME] has a policy of recording, presentation and disclosure of Fixed
Assets, but has not been implemented adequately. CPC may not be able to obtain
evidence sufficient appropriate checks on those values, because no data and
information on relevant work units. As a result, the CPC can not determine
whether the necessary adjustments to the figures mentioned above.
Opinion Fair With Exceptions
According to the BPK's opinion, except for the impact of things
described in paragraphs base a qualified opinion, the financial statements
referred to above present fairly, in all material respects, the financial
position of the Government / Ministry /
74 STATE FINANCIAL INSPECTION STANDARDS
Institution / Agency .... December 31, 20XX, and the realization
of the budget, changes in the budget balance over, operations, cash flows and
changes in equity for the year ended on that date, according to the Government
Accounting Standards.
The report on the SPI and Compliance
To obtain reasonable assurance about the fairness of the financial
statements, the CPC also conduct an examination of the internal control system
and compliance with the provisions of the legislation. Audit Reports on
Internal Control System and Audit Reports on Compliance with the provisions of
legislation presented in the Report No. .... / LHP / ... ,/ 05 / 20XX and No.
.... / LHP / .... / 05 / 20XX dated ... more 20XX, which is an integral part of
these statements.
75
4. OPINION OF "FAIR WITH THE EXCEPTION"
(FROM ANY IRREGULARITIES ACCOUNTING STANDARDS)
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT OF INSPECTION
FINANCIAL STATEMENTS
Report on the Financial Statements
Based on Law No. 15 Year 2004 concerning Management and
Accountability of State Finance and Law Number 15 Year 2006 regarding the
Supreme Audit Agency, BPK has examined the Financial Statements Government /
Ministry / Institution / Agency ...., Which consists of the Balance Sheet date
31 December 20XX, Budget Realization Statement, Statement of Changes More
Budget balance, Statements of Operations, Statement of Cash Flows, and
Statement of Changes in Equity for the year ended on that date, and Notes to
Financial Statements.
Government Responsibility Financial Statements
Government / Ministry / Institution / Agency .... responsible for
the preparation and fair presentation of financial statements in accordance
with Government Accounting Standards and adequate internal controls to prepare
financial statements that are free from material misstatement, whether caused
by fraud or error.
Responsibilities of the CPC
BPK responsibility is to express an opinion on the financial
statements by the BPK. CPCs carrying out inspection by the State Financial
Inspection Standards. Those standards require that CPCs comply with the code of
ethics
76 STATE FINANCIAL INSPECTION STANDARDS CPCs, and to plan and carry
out an audit to obtain reasonable assurance whether the financial statements
are free of material misstatement
An examination includes testing of the evidence supporting the
figures and disclosures in the financial statements. The procedures selected
based on professional considerations Investigators, including the assessment of
the risk of material misstatements in the financial statements, whether due to
fraud or error. In conducting the risk assessment, the Examining consider
internal control relevant to the preparation and fair presentation of the
financial statements of the Government / Ministry / Institution / Agency ....
to design appropriate audit procedures in accordance with the existing
conditions, but not for the purpose express an opinion on the effectiveness of
controls internal Government / Ministry / Institution / Agency .... BPK
believes that the evidence examination has been obtained is sufficient and
appropriate, as a basis or the opinion
expressed Fair With Exceptions.
Opinion basis Fair With Exceptions
As disclosed in the Notes to the Financial Statements ....... [
ENTITY NAME]
presents the fixed assets at December 31, 20XX Rp XXX. [ ENTITY
NAME] has been assessing fixed assets acquired prior to December 31, 20XX Rp
XXX. However, the results of such revaluation has not been presented in the Balance
Sheet [NAME OF ENTITY] December 31, 20XX as stipulated in the Government
Accounting Standards. If he result of the revaluation of fixed assets acquired
prior to December 31, 20XX is presented, the value of fixed assets per December
31, 20XX will increase by Rp XXX.
Opinion Fair With Exceptions
According to the BPK's opinion, except for the impact of things
described in paragraphs base a qualified opinion, the financial statements
referred to above present fairly, in all material respects, the financial
position of the Government / Ministry / Institution / Agency .... December 31,
20XX, and the realization of the budget, changes in the budget balance over,
operations, cash flows and changes in equity for the year ended on that date,
according to the Government Accounting Standards.
The report on the SPI and Compliance
To obtain reasonable assurance about the fairness of the financial
statements, the CPC also conduct an examination of the internal control system
and compliance with the provisions of the legislation. Audit Reports on
Internal Control System and Audit Reports on Compliance with the provisions of
legislation presented in the Report No. .... / LHP / ...,/ 05 / 20XX and No.
..... / LHP / .... / 05 / 20XX dated ... more 20XX, which is an integral part
of these statements.
78
STATE FINANCIAL
INSPECTION STANDARDS
5. OPINION "NOT FAIR"
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT OF INSPECTION
FINANCIAL STATEMENTS
Report on the Financial Statements
Based on Law No. 15 Year 2004 concerning Management and Accountability
of State Finance and Law Number 15 Year 2006 regarding the Supreme Audit
Agency, BPK has examined the Financial Statements Government / Ministry /
Institution / Agency ...., Which consists of the Balance Sheet date 31 December
20XX, Budget Realization Statement, Statement of Changes More Budget balance,
Statements of Operations, Statement of Cash Flows, and Statement of Changes in
Equity for the year ended on that date, and Notes to Financial Statements.
Government Responsibility Financial Statements
Government / Ministry / Institution / Agency .... responsible for
the preparation and fair presentation of financial statements in accordance
with Government Accounting Standards and adequate internal controls to prepare
financial statements that are free from material misstatement, whether caused
by fraud or error.
Responsibilities of the CPC
BPK responsibility is to express an opinion on the financial
statements by the BPK. CPCs carrying out inspection by the State Financial
Inspection Standards. Those standards require that CPCs comply with the code of
conduct CPCs, and to plan and carry out an audit to obtain reasonable assurance
whether the financial statements are free of material misstatement.
79 An examination includes testing of the evidence supporting the
figures and disclosures in the financial statements. The procedures selected
based on professional considerations Investigators, including the assessment of
the risk of material misstatements in the financial statements, whether due to
fraud or error. In conducting the risk assessment, the Examining consider
internal control relevant to the preparaion and fair presentation of the financial statements of
the Government / Ministry / Institution / Agency .... to design appropriate
audit procedures in accordance with the existing conditions, but not for the
purpose express an opinion on the effectiveness of controls internal Government
/ Ministry / Institution / Agency .... Government / Ministry / Institution /
Agency ....., as well as evaluating the overall financial statement
presentation. BPK believes that the evidence examination has been obtained is
sufficient and appropriate, as a basis
for stating opinions Unnatural.
Opinion basis Unnatural
As disclosed in the Notes to the Financial Statements ....... [
ENTITY NAME] presents the fixed assets at December 31, 20XX Rp XXX. [ ENTITY
NAME] has been assessing fixed assets acquired prior to December 31, 20XX Rp
XXX. However, the results of such revaluation has not been presented in the
Balance Sheet [NAME OF ENTITY] December 31, 20XX as stipulated in the
Government Accounting Standards. If he result of the revaluation of fixed
assets acquired prior to December 31, 20XX is presented, the value of fixed
assets per December 31, 20XX will increase by Rp XXX.As disclosed in the Notes
to the Financial Statements ........ [ ENTITY NAME] present non-tax revenues
and expenditure items each year 20XX Rp Rp XXX and XXX. That amount does not
include the revenue and expenditure of the XX satker in the environment [ ENTITY
NAME] Rp XXX because such acceptance be used directly by work units in the
neighborhood [ ENTITY NAME] to finance its operations 80
STATE FINANCIAL INSPECTION STANDARDS
each. when the [ ENTITY NAME] acknowledge the receipt of such
direct use as set out in the Government Accounting Standards, non-tax revenue
and expenditure items 20XX will increase each Rp XXX.
Opinion Not Fair
According to the BPK's opinion, because of the significance of the
matter described in paragraph basis Unnatural opinion, the financial statements
referred to above do not present fairly, the financial position [ ENTITY NAME]
December 31, 20XX, and the realization of the budget, changes in the budget
balance over, operations, cash flows and changes in equity for the year ended on
that date, according to the Government Accounting Standards.
The report on the SPI and Compliance
To obtain reasonable assurance about the fairness of the financial
statements, the CPC also conduct an examination of the internal control system
and compliance with the provisions of the legislation. Audit Reports on
Internal Control System and Audit Reports on Compliance with the provisions of
legislation presented in the Report No. .... / LHP / ... ,/ 05 / 20XX and No.
..... / LHP / .... / 05 / 20XX dated ... more 20XX, which is an integral part
of these statements.
5. "NOT REASONABLE" OPINION
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT ON EXAMINATION RESULTS
THE FINANCIAL STATEMENTS
Report on Financial Statements
Based on Law Number 15 of 2004 concerning
Management Examination and State Financial Responsibility and Law Number 15 of
2006 about the Supreme Audit Agency, the BPK has examined the Government
Financial Statements / Ministry / Institution / Agency ..., which consists of
the Balance Sheet on December 31, 20XX, Budget Realization Reports, Changes to
More Budget Balance Reports, Reports Operations, Cash Flow Reports, and Changes
in Equity Reports for the year ended on that date, and Notes to the Financial
Statements.
Government Responsibility for Financial Statements
Government / Ministry /
Institution / Agency ... responsible for the preparation and fair presentation
of financial statements in accordance with Government Accounting Standards and
adequate internal control to
prepare financial statements that are free from material misstatement, whether
caused by fraud or error.
BPK Responsibilities
The responsibility of the BPK is
to express an opinion on the financial statements based on BPK examination. The
BPK conducts checks based on Standards Examination of State Finance. This
standard requires the BPK to adhere to a code of ethics BPK, and plan and carry
out checks to gain confidence sufficient whether the financial statements are
free from material misstatement.
An examination includes examining
evidence that supports numbers and disclosures in financial statements. The
procedure chosen is based on examiner professional considerations, including an
assessment of the risk of misstatement material in the financial statements,
whether caused by fraud or error. In conducting a risk assessment, the examiner
considers internal control relevant to the preparation and fair presentation of
reports finance of the Government / Ministry / Institution / Agency ... to
design procedures proper examination in accordance with existing conditions,
but not for purpose express opinions on the effectiveness of the internal
control of the Government / Ministry / Institution / Agency ... The examination
conducted by the BPK also includes an evaluation of accuracy accounting
policies used and the reasonableness of accounting estimates made by Government
/ Ministry / Institution / Agency ....., as well as evaluation of report
presentation overall finance.
The BPK believes that the proof
of examination that has been obtained is sufficient and appropriate, as the
basis for expressing unqualified opinion.
Basic Unqualified Opinion
As disclosed in the Note .......
on Financial Statements, [NAME OF ENTITIES] presents fixed assets as of
December 31, 20XX for Rp. XXX. [NAME OF ENTITY] has been assessing fixed assets
obtained before December 31, 20XX for Rp. XXX. However, the results of the
revaluation have not been presented in the Balance Sheet [ENTITY NAME] December
31, 20XX as stipulated in the Accounting Standards Government. If the result of
revaluation of fixed assets is obtained before December 31, 20XX is presented,
the value of fixed assets as of December 31 20XX will increase by Rp. XXX.
As disclosed in the Note ........
on Financial Statements, [NAME OF ENTITIES] presents non-tax state income and
expenditure for goods of 20XX each amounting to Rp. XXX and Rp. XXX. This value
does not include revenue and expenditure from XX satker in the [NAME OF ENTITY]
neighborhood of Rp. XXX because of the receipt used directly by the satker in
the [NAME ENTITY] environment to finance its operations
each. If [NAME OF ENTITY]
recognizes receipts that are used directly as stipulated in Government Accounting
Standards, state income not taxes and goods purchases in 20XX will increase by
Rp. XXX each.
Unqualified Opinion
In the opinion of the BPK,
because of the significance of the things described in the basic paragraph of
opinion Not fair, the financial statements mentioned above do not present a
reasonable, position finance [NAME OF ENTITIES] December 31, 20XX, and budget
realization, changes more budget balances, operations, cash flows, and changes
in equity for the year
ends on that date, in accordance
with Government Accounting Standards.
Report on SPI and Compliance
To obtain adequate confidence in
the fairness of the financial statements, The BPK also checks internal control
and compliance systems against the provisions of legislation. Reports on
Examination of Results Internal Control System and Report on Inspection of
Compliance with
The provisions of the Laws and
Regulations are presented in Report Number .... / LHP / ... ./05/20XX and
Number ..... / LHP / ... / 05 / 20XX date ... May 20XX, which is part inseparable
from this Report.
.........................., ..... May 20XX
AUDIT BOARD OF THE REPUBLIC
OF INDONESIA
PERSON IN CHARGE
EXAMINATION,
.....................................
............................................
6. OPINION "DO
NOT REPRESENT THE OPINION"
AUDIT BOARD OF THE REPUBLIC OF INDONESIA
REPUBLIC OF INDONESIA
REPORT ON EXAMINATION RESULTS
THE FINANCIAL STATEMENTS
Report on Financial Statements
Based on Law Number 15 of 2004
concerning Management Examination and State Financial Responsibility and Law
Number 15 of 2006 concerning Supreme Audit Agency, BPK has the authority to
examine Government Financial Reports / Ministry / Institution / Agency ...,
which consists of the Balance Sheet on December 31, 20XX, Budget Realization
Reports, Changes to More Budget Balance Reports, Reports Operations, Cash Flow
Reports, and Changes in Equity Reports for the year ended on that date, and
Notes to the Financial Statements.
Government Responsibility for Financial Statements
Government / Ministry /
Institution / Agency ... responsible for the preparation and fair presentation
of financial statements in accordance with Government Accounting Standards and
adequate internal control to
prepare financial statements that are free from material misstatement, whether
caused by fraud or error.
BPK responsibility
The responsibility of the BPK is
to express an opinion on the financial statements based on the BPK examination
in accordance with the State Financial Inspection Standards. However, because
the things described in the basic paragraph of opinion do not state opinions, The
BPK cannot obtain sufficient and appropriate audit evidence to provide a basis
for examination opinion.
Basic Opinion Does Not State Opinion
As disclosed in the Notes .....
to the Financial Statements, [NAME OF ENTITIES] report inventory as of December
31, 20XX for Rp. XXX. Management work unit supplies in the [NAME OF ENTITY]
environment do not hold inventory cards for record adequate inventory
mutations. The work unit does not carry out a physical inventory for the
Inventory owned by December 31 20XX. The BPK cannot obtain evidence sufficient
and appropriate examination of the value above the position as of December 31,
20XX. Thus, the BPK cannot determine whether adjustments are needed the figures
above.
As revealed in the Note ...... on
Financial Statements, [NAME OF ENTITIES] presents the value of Fixed Assets as
of December 31, 20XX for Rp. XXX. From that value, of which Rp. XXX is not
supported by details. [NAME OF ENTITY] already has the policy of recording,
presenting and disclosing Fixed Assets, but has not been implemented
adequately. The BPK cannot obtain sufficient and appropriate examination
evidence regarding the value above the position as of December 31, 20XX,
because there is no data available and information on the relevant work unit.
Thus, the CPC cannot determine whether adjustments to the figures above are
needed.
Opinion Does Not State Opinion
Because the significance of the
things described in the basic paragraph of opinion does not state Opinion, the
BPK cannot obtain sufficient and appropriate proof of examination provide a
basis for examination opinion. Therefore, the BPK does not declare an opinion
on the [NAME OF ENTITY] Financial Report on December 31, 20XX and for year
ending on that date.
Report on SPI and Compliance
To obtain adequate confidence in
the fairness of the financial statements, The BPK also checks internal control
and compliance systems against the provisions of legislation. Reports on
Examination of Results Internal Control System and Report on Inspection of
Compliance with
The provisions of the Laws and
Regulations are presented in Report Number .... / LHP / ... ./05/20XX and
Number ..... / LHP / ... / 05 / 20XX date ... May 20XX, which is part
inseparable from this Report.
