Standar Pekerjaan Lapangan: Audit ats Cash Pertemuan 8

Tujuan Pembelajaran: Memahami standar pemeriksaan lapangan terkait dengan audit atas cash Memahami tujuan dari audit atas cash Memahami internal control atas cash Memahami dan mampu membuat prosedur audit atas cash Menyusun temuan audit atas cash

PSAK No. 2 – Par 05 sd 08 Apa yang bisa digolongkan sebagai Kas ? Cash on hand dan rekening giro. Setara Kas ? investasi yang dapat segera diubah menjadi kas tanpa harus menghadapi resiko penurunan nilai yang signifikan (segera akan jatuh tempo dalam waktu 3 bulan dari tanggal perolehannya) Cerukan (bank overdraft)

Audit Objectives of Cash Transaction Objectives Occurrence Completeness Accuracy Cut off Classification Balance Objectives Existence Rights and obligations Valuation and Allocation (Boynton Modern Auditing 8ed p 850)

Audit Objectives of Cash Disclosure Objectives Occurrence and Right and Obligation Completeness Classification and understandability Accuracy and Valuation

The Importance of Audit of Cash Most of transactions involve and end up in Cash Cash is the most favorite asset to be cheated (fraud) Cash does not have any title (no ownership certification)

Components of Internal Control of Cash The control environment Risk assessment Control activities Information and Communication Monitoring

Audit Procedures of Cash Test of Beginning balance Stated Balance vs Audited Balance Test of Transactions Receipt Transactions Disbursement Transactions Test of ending balance Physical Examination Reconciliation Confirmation Audit Corrections

Diskusikan contoh implementasinya ! Types of Evidence Inquires of the Client Observation Analytical Procedures Documentation Reperformance Confirmation Physical Examination Diskusikan contoh implementasinya !

How to do Physical Examination of Cash (1) Get the cash balance on the date of physical examination. Identify the places where the cash (money) is stored Identify whether all the cash in the safety boxes are belong to the company Exclude the cash belong to others Count the cash

How to do Physical Examination of Cash (2) Make Physical Examination Report Accumulate the transactions of cash for the period of balance sheet date to physical examination date Trace back the physical examination balance to the date of balance sheet Make audit adjustments necessary Discuss the discrepancy with the management

Berita Acara Pemeriksaan Kas Tugas  mahasiswa membuat Berita Acara Pemeriksaan menurut versi mereka masing- masing.

BERITA ACARA PEMERIKSAAN KAS