Beruflich Dokumente
Kultur Dokumente
Kelompok 2 :
TOTAL 487,500
Accumulated Depreciation
204 Accumulated Depreciation - Building F-3 (9,000) PY
206 Accum. Deprec. - Furniture and Fixtures F-3 (5,100) PY
208 Accum. Deprec - Automobiles and Trucks F-3 (4,500) PY
TOTAL (18,600)
Depreciation Expense
805 Building F-3 9,000 PY
805 Furniture and Fixture F-3 5,100 PY
805 Automobiles and Trucks F-3 4,500 PY
TOTAL 18,600
Gain or Loss of Disposal Fixed Assets
904 Gain/Loss on Disposal of Fixed Assets F-4 - PY
TOTAL -
^
Tickmark
PY : Agreed with prior year balance
TB : Agreed with client trial balance
^ : Footing checked
AJE 07
805 Depreciation Expense 50
206 Accum. Deprec. - Furniture and Fixtures 50
(to record depreciation of capitalization cost)
Conclusion:
Based on the study of internal control and the results of the audit test performed, it is my opinion that property
ich Sportsworld, Inc.
cember 31, 19X2
Property, Plant, and Equipment
42,000 TB
400,000 TB
27,217 TB AJE 06 600
31,950 TB
501,167 600 - -
(18,000) TB
(9,023) TB AJE 07 50
(6,294) TB
(33,317) - 50 -
9,000 TB
4,203 TB AJE 07 50
5,844 TB
19,047 50 - -
(53) TB
(53) - - -
^ ^ ^ ^
To WTB
quipment mengalami peningkatan sebesar $13.667 atau 3% dibandingkan tahun lalu. Perubahan tersebut tidak terlalu signif
alami peningkatan 79% dibandigkan tahun lalu dikarenakan umur aset yang belum habis dan saldo awal yang kecil, sehingga
g signifikan yakni hanya sebesar 2% dibanding tahun lalu
quipment mengalami peningkatan sebesar $14.267 atau 3% dibandingkan tahun lalu. Perubahan tersebut tidak terlalu signif
alami peningkatan 79% dibandigkan tahun lalu dikarenakan umur aset yang belum habis dan saldo awal yang kecil, sehingga
g signifikan yakni hanya sebesar 2% dibanding tahun lalu
ll outstanding, was secured by land, building, furniture and fixture, automobiles and trucks.
urance, there was comprehensive automobile and truck insurance that has limit of $100M/$500M coverage, also fire and ex
insurace coverage
d, it is my opinion that property, plant and equipment is fairly stated based on PSAK at December 31, 19X2
Initial Date
Prepared by CH 1-3-19X3
Reviewed by
42,000 - 0% -
400,000 - 0% -
27,817 1,717 7% 2,317
31,950 11,950 60% 11,950
9,000 - 0% -
4,153 (897) -18% (947)
5,844 1,344 30% 1,344
ubahan tersebut tidak terlalu signifikan karena tidak ada pembelian aset besar
dan saldo awal yang kecil, sehingga peningkatan tersebut terlihat signifikan,
ubahan tersebut tidak terlalu signifikan karena tidak ada pembelian aset besar
dan saldo awal yang kecil, sehingga peningkatan tersebut terlihat signifikan,
al Analytical Review
12-31-X2
0%
0%
9%
60%
3%
100%
78%
40%
79%
0%
-19%
30%
2%
100%
100%
Markrich Sportsworld, Inc.
December 31, 19X2
Audit Program - Property, Plant, and Equipment
By Ref.
ASSERSION
Remarks
EO VA C RO PD
X X X X X
X
X
X
Markrich Sportsworld, Inc. Initial
December 31, 19X2 Prepared by CH
Audit Program - Property, Plant, and Equipment Reviewed by
Audit Objectives:
To determine internal controls of property, plant and equipment are satisfactory
Audit Procedures:
1. Obtain the details of internal control system through internal control questionare
2. Identify the answer of internal control questionare
3. Evaluate the results of the test
Yes No Remarks
1 Are proposals for capital acquisitions submitted
in writing? √
Overal Conclusion : Based on the internal control questionnaire, the internal controls of
property, plant, and equipment are satisfied.
Initial Date
CH 1-3-19X3 F-2
Markrich Sportsworld, Inc. Initial
December 31, 19X2 Prepared by CH
Audit Program - Property, Plant, and Equipment Reviewed by
Audit Objectives
To ascertain existence (occurence), right and obligation, valuation (allocation) and disclosure of Cost and Deprec
Audit Procedures
1. Obtain detail listing of client fixed assets
2. Get information of any mutation (disposal and new acquisition) of fixed aset (if any)
3. Recalculate the depreciation using accounting policy below the table
4. Trace to client's balance
5. Evaluate the results
Tickmark
⌂ : agreed to vendor invoices and vouchers
PY : agreed to prior years balance
^ : footing checked
Initial Date
CH 1-3-19X3
sclosure of Cost and Depreciation of Property, Plant and Equipment is fairly stated
PY 42,000 PY
-
- - 42,000
^ ^ ^ ^ ^
PY 400,000 9,000 PY 750
-
- - 400,000 9,000 750
^ ^ ^ ^ ^
PY 24,600 4,920 PY 328
PY 500 ⌂ - 100 PY 7
PY 400 ⌂ - 80 PY 5
PY 2,200 ⌂ 2,200 PY
PY 1,017 ⌂ 1,017 PY
-
3,217 900 27,817 5,100 340
^ ^ ^ ^ ^
PY 8,000 1,800 PY 150
PY 12,000 ⌂ - 2,700 PY 225
PY 23,950 ⌂ 23,950 PY
-
23,950 12,000 31,950 4,500 375
^ ^ ^ ^ ^
27,167 12,900 501,767 18,600 1,465
^ ^ ^ ^ ^
Findings:
Salvage V Economic Life AJE 06
10% 40 years 205
NA 10 years 812
10% 4 years (to record capitalizatio
AJE 07
805
206
(to record depreciation
F-3
Addition Depreciation
Feb Mar April May Jun July Aug Sep Oct Nov
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
750 750 750 750 750 750 750 750 750 750
750 750 750 750 750 750 750 750 750 750
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
328 328 328 328 328 328 328 328 328 328
7 7 7 7 7 7
5 5 5 5 5 5 5 5 5
37 37 37 37
17
340 340 340 340 340 340 370 370 370 382
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
150 150 150 150 150 150 150 150 150 150
225 225 225 225 225
449 449 449 449 449
375 375 375 375 375 599 599 599 599 599
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
1,465 1,465 1,465 1,465 1,465 1,689 1,719 1,719 1,719 1,731
^ ^ ^ ^ ^ ^ ^ ^ ^ ^
Findings:
^ ^ ^ ^
750 9,000 18,000
Audit Objectives: To ascertain occurence, right and obligation, valuation of property, plant and equipm
Audit Procedures : 1. For disposal, check to supporting document (such as:invoice) and approval on min
2. For acquisition, check to supporting document (such as:invoice) and approval belo
3. For exchange fixed aset, the transaction was lack of commercial substance, it wou
4. Evaluate the result
N SUPORTING SCHEDULE
List Aset Aset Code Cost Voucher Approval Inspect
Furniture and Fixture 0 2,200 V V V
Automobiles and Trucks 0 23,950 V V V
Furniture and Fixture 0 1,017 V V X
Coverage of Inspection 96%
Markrich Sportsworld, Inc. Initial
December 31, 19X2 Prepared by CH
Audit Program - Property, Plant, and Equipment Reviewed by
CAPITAL AUTO
300 West Avenue, Richmond, Virginia
O
Virginia
Invoice #40014
July 7, 19X2
$ 12,300.00
$ 12,300.00
$ 24,600.00
$ 9,000.00
400
$ 16,000.00
Markrich Sportsworld, Inc. Initial
December 31, 19X2 Prepared by CH
Audit Program - Property, Plant, and Equipment Reviewed by
Invoice #B3001
Tax
Total
Date
1-3-19X3 F-4.2
August 1, 19x2
$ 1,550.00
$ 300.00
$ 1,250.00
$ 50.00
$ 1,300.00
Markrich Sportsworld, Inc. Initial
December 31, 19X2 Prepared by CH
Audit Program - Property, Plant, and Equipment Reviewed by
Tax
Total
Initial Date
CH 1-3-19X3 F-4.2
T
Terms : Cash
$ 1,020.00
$ 300.00
$ 720.00
$ 30.00
$ 750.00