PENERAPAN RISK BASED AUDIT UNTUK MENINGKATKAN EFISIENSI DAN EFEKTIVITAS PROSES OPERASIONAL UD.X
Abstract Views:
188 times
PDF - FULL TEXT Downloads:
977 times
Keywords:
risk based audit, internal control, risk, effective
Abstract
The purpose of this research is to assess the risk and effectiveness of internal controls that have been applied to building materials supplier ‘UD.X’ in Surabaya. Auditor used risk based audit approach to focus on high risk areas and reduce the impact and likelihood of those risks to acceptable level. Auditor found significant findings in the risk of out of stock inventory, unorganized warehouse, difference quantity between stock opname and inventory stock data, misinterpretation of sales price, delivery delay to customers, and the overdue of customers’ payment.
Auditor recommends UD.X to evaluate sales trend so UD.X can anticipate customers’ order, organize the warehouse based on priorities, improve monitoring’s function of storing process, give the responsibility of setting the price to a dependable person, make sure the processed documents and unprocessed documents are separated, and remind the customers 3 days before deadline due payment. Thus the recommendation can improve the effectiveness, efficiency, and economics of the internal controls applied.
Downloads
Download data is not yet available.
References
Anwar, Choirul. 2009. Risk Based Internal Auditing dan Implementasinya Pada PT IBF. Journal The Winners, Vol. 10 (2): 89-99.
Aven, Terje. 2016. Risk Assessment and Risk Management: Review of Recent Advances on Their Foundation. European Journal of Operational Research, Vol. 253 (1): 1-16.
Ayagre, Philip. 2014. The Adoption of Risk Based Internal Auditing in Developing Countries: The Case of Ghanaian Companies. European Journals of Accounting Auditing and Finance Research, Vol.2 (7): 52-65.
Benli, V., and Duygu Celayir. 2014. Risk Based Internal Auditing and Risk Assessment Process. European Journal of Accounting Auditing and Finance Research, Vol. 2(7): 1 -15.
Berg, Heinz-Peter. 2010. Risk Management: Procedures, Methods and Experiences. Journal Risk Management RT&A, Vol.1: 79-95.
Bhoola et al. 2014. An Assessment of Risk Response Strategies Practiced in Software Projects. Australasian Journal of Information System, Vol 13 (3): 161-191.
Castanheira et al. 2010. Factors Associated with The Adoption of Risk-Based Internal Auditing. Managerial Auditing Journal, Vol. 25 (1): 79-98.
Curtis, P., and Mark Carey. 2012. Risk Assessment in Practice: Deloitte & Touche LLP. COSO: New York.
COSO. 2013. Internal Control – Integrated Framework: Executive Summary: North Carolina.
Deloitte. 2012. Internal Audit Report 2011/2012 – Payroll. Diunduh dari: https://www.dacorum.gov.uk/docs/default-source/council-democracy/audit---11-12-08---ia-report-payroll.pdf?sfvrsn=0 tanggal 11 November 2017.
Griffiths, David. 2006. Risk Based Internal Auditing - Three Views on Implementation. Diunduh dari: http://www.internalaudit.biz/files/implementation/rbiaimplementing.pdf tanggal 28 Agustus 2017.
Hadinata, Sofyan. 2017. Kontribusi Audit Internal terhadap Manajemen Risiko. Jurnal Ekonomi Dan Bisnis, Vol. 1 (1): 53-73
Institute of Internal Auditor (IIA). 2009. Internal Auditing: Adding Value Across The Board. Diunduh dari:https://na.theiia.org/about-ia/PublicDocuments/Internal_Auditing-Adding_Value_Across_the_Board.pdf tanggal 8 Agustus 2017.
Institute of Internal Auditor (IIA). 2014. Risk Based Internal Auditing: Chartered Institute of Internal Auditors. Diunduh dari: https://global.theiia.org/standards-guidance/topics/documents/201501guidetorbia.pdf tanggal 3 Juni 2017.
Institute of Internal Auditor (IIA). 2017. White Paper – Internal Audit Sampling. Diunduh dari: http://iia.org.au/sf_docs/default-source/quality/white-papers/iia-australia-white-internal-audit-sampling-(002).pdf?sfvrsn=2&submission=267942741 tanggal 7 November 2017.
Kot, S., and Przemyslaw Dragon. 2015. Business Risk Management in International Corporations. Procedia Economics and Finance, 27: 102 – 108.
Moeller, R. R. 2009. Brink’s Modern Internal Auditing: A Common Body of Knowledge. John Wiley & Sons: New Jersey.
Myskova, R., and Veronika Doupalova. 2015. Approach to Risk Management Decision-Making in the Small Business. Procedia Economics and Finance, 34: 329 – 336.
Nyarombe et al. 2015. The Effect of Risk Based Audit Approach on the Implementation of Internal Control Systems: A Case of Uasin Gishu County. International Journal of Business and Management Invention, Vol. 4 (1): 12-32.
Pricewaterhouse Coopers (PWC). 2015. Internal Audit Annual Report 2014/2015. Diunduh dari: http://modgov.southnorthants.gov.uk/documents/s13910/Appendix%201%20SNC%20Annual%20Report%20Re-Issue%20Format%20Amendments.pdfv tanggal 11 November 2017.
Reider, Rob. 2002. Operational Review Maximum Result at Efficient Cost, 3rd Edition. John Wiley & Sons: New Jersey.
Rhoganian et al. 2012. Productivity through Effectiveness and Efficiency in the Banking Industry. Procedia Social and Behavioral Sciences, Vol.40: 550 – 556.
Sawyer, L., Mortimer A. Dittenhofer, and James H. Scheiner. 2003. Sawyer’s Internal Auditing: The Practice of Modern Internal Auditing. The Institute of Internal Auditors, 5th Ed.
Shiu. 2008. Risk Based Internal Auditing in Taiwanese Banking Industry.
Trites, Gerald. 2006. Audit of a Small Entity, 3rd Edition. Canada Institute of Chartered Accountants: Ontario, Canada.
University of Adelaide. Legal and Risk Branch – Risk Management Handbook. Diunduh dari: https://www.adelaide.edu.au/legalandrisk/docs/resources/Risk_Management_Handbook.pdf tanggal 6 November 2017
Aven, Terje. 2016. Risk Assessment and Risk Management: Review of Recent Advances on Their Foundation. European Journal of Operational Research, Vol. 253 (1): 1-16.
Ayagre, Philip. 2014. The Adoption of Risk Based Internal Auditing in Developing Countries: The Case of Ghanaian Companies. European Journals of Accounting Auditing and Finance Research, Vol.2 (7): 52-65.
Benli, V., and Duygu Celayir. 2014. Risk Based Internal Auditing and Risk Assessment Process. European Journal of Accounting Auditing and Finance Research, Vol. 2(7): 1 -15.
Berg, Heinz-Peter. 2010. Risk Management: Procedures, Methods and Experiences. Journal Risk Management RT&A, Vol.1: 79-95.
Bhoola et al. 2014. An Assessment of Risk Response Strategies Practiced in Software Projects. Australasian Journal of Information System, Vol 13 (3): 161-191.
Castanheira et al. 2010. Factors Associated with The Adoption of Risk-Based Internal Auditing. Managerial Auditing Journal, Vol. 25 (1): 79-98.
Curtis, P., and Mark Carey. 2012. Risk Assessment in Practice: Deloitte & Touche LLP. COSO: New York.
COSO. 2013. Internal Control – Integrated Framework: Executive Summary: North Carolina.
Deloitte. 2012. Internal Audit Report 2011/2012 – Payroll. Diunduh dari: https://www.dacorum.gov.uk/docs/default-source/council-democracy/audit---11-12-08---ia-report-payroll.pdf?sfvrsn=0 tanggal 11 November 2017.
Griffiths, David. 2006. Risk Based Internal Auditing - Three Views on Implementation. Diunduh dari: http://www.internalaudit.biz/files/implementation/rbiaimplementing.pdf tanggal 28 Agustus 2017.
Hadinata, Sofyan. 2017. Kontribusi Audit Internal terhadap Manajemen Risiko. Jurnal Ekonomi Dan Bisnis, Vol. 1 (1): 53-73
Institute of Internal Auditor (IIA). 2009. Internal Auditing: Adding Value Across The Board. Diunduh dari:https://na.theiia.org/about-ia/PublicDocuments/Internal_Auditing-Adding_Value_Across_the_Board.pdf tanggal 8 Agustus 2017.
Institute of Internal Auditor (IIA). 2014. Risk Based Internal Auditing: Chartered Institute of Internal Auditors. Diunduh dari: https://global.theiia.org/standards-guidance/topics/documents/201501guidetorbia.pdf tanggal 3 Juni 2017.
Institute of Internal Auditor (IIA). 2017. White Paper – Internal Audit Sampling. Diunduh dari: http://iia.org.au/sf_docs/default-source/quality/white-papers/iia-australia-white-internal-audit-sampling-(002).pdf?sfvrsn=2&submission=267942741 tanggal 7 November 2017.
Kot, S., and Przemyslaw Dragon. 2015. Business Risk Management in International Corporations. Procedia Economics and Finance, 27: 102 – 108.
Moeller, R. R. 2009. Brink’s Modern Internal Auditing: A Common Body of Knowledge. John Wiley & Sons: New Jersey.
Myskova, R., and Veronika Doupalova. 2015. Approach to Risk Management Decision-Making in the Small Business. Procedia Economics and Finance, 34: 329 – 336.
Nyarombe et al. 2015. The Effect of Risk Based Audit Approach on the Implementation of Internal Control Systems: A Case of Uasin Gishu County. International Journal of Business and Management Invention, Vol. 4 (1): 12-32.
Pricewaterhouse Coopers (PWC). 2015. Internal Audit Annual Report 2014/2015. Diunduh dari: http://modgov.southnorthants.gov.uk/documents/s13910/Appendix%201%20SNC%20Annual%20Report%20Re-Issue%20Format%20Amendments.pdfv tanggal 11 November 2017.
Reider, Rob. 2002. Operational Review Maximum Result at Efficient Cost, 3rd Edition. John Wiley & Sons: New Jersey.
Rhoganian et al. 2012. Productivity through Effectiveness and Efficiency in the Banking Industry. Procedia Social and Behavioral Sciences, Vol.40: 550 – 556.
Sawyer, L., Mortimer A. Dittenhofer, and James H. Scheiner. 2003. Sawyer’s Internal Auditing: The Practice of Modern Internal Auditing. The Institute of Internal Auditors, 5th Ed.
Shiu. 2008. Risk Based Internal Auditing in Taiwanese Banking Industry.
Trites, Gerald. 2006. Audit of a Small Entity, 3rd Edition. Canada Institute of Chartered Accountants: Ontario, Canada.
University of Adelaide. Legal and Risk Branch – Risk Management Handbook. Diunduh dari: https://www.adelaide.edu.au/legalandrisk/docs/resources/Risk_Management_Handbook.pdf tanggal 6 November 2017
Published
2018-03-01
Section
Bidang Akuntansi (AK)
- Articles published in CALYPTRA are licensed under a Creative Commons Attribution-ShareAlike 4.0 International license. You are free to copy, transform, or redistribute articles for any lawful purpose in any medium, provided you give appropriate credit to the original author(s) and the journal, link to the license, indicate if changes were made, and redistribute any derivative work under the same license.
- Copyright on articles is retained by the respective author(s), without restrictions. A non-exclusive license is granted to CALYPTRA to publish the article and identify itself as its original publisher, along with the commercial right to include the article in a hardcopy issue for sale to libraries and individuals.
- By publishing in CALYPTRA, authors grant any third party the right to use their article to the extent provided by the Creative Commons Attribution-ShareAlike 4.0 International license.
