Tugas ke-5

DisusunOleh:
Silviana Ika Susanti 12030110120152



Fakultas Ekonomika dan Bisnis
Universitas Diponegoro


Soal 3-26
1. For the following independent situation, assume that you are the audit partner on the
engagement :
a. During your audit of Debold.com, Inc., you conclude that there is possibility that
inventory is materially overstated. The client refuses to allow you to expand the scope
of your audit sufficiently to verify whether the balance is actually misstated
(WajarDenganPengecualian)
b. You are auditing Woodcold Linen services for the first time. Woodcolt has been in
business for several years but never had an audit before. After an audit is complete,
you conclude that the current year balance sheet is stated correctly in accordance with
GAAP. The client did not authorize you to do the test for any of previous years.
(TidakWajar)
c. You were engaged to audit the Cutter Steel Companys Financial Statements after the
close of the corporations fiscal year. Because you were not engaged until after the
balance date, you were not able to phycically observe inventory, which is highly
material. On the completion of your audit, you are satisfies that Cutters financial
statements are presented fairly, including inventory about which you were able to
satisfy by yourself by use of alternative audit procedures. (WTP)
d. Four weeks after the year-end date, a major customer of Prince Construction Co.
declared bankruptcy. Because the customer had comfrimed the balance due to Prince
at the Balance sheet date, management refuses to charge off the account or otherwise
disclose the information. The receivable represents approximately 10% of acoount
receivable and 20% of net earning before taxes. (WDP)
e. You complete the audit of Johnson Departement Store, and in your opinion, the
financial statements are fairly presented. On the last day on the field work you
discover that one of your assigned to the audit had a material investment in Johnson.
(Tidakmemberikanpendapat)
f. Auto Delivery Company has a fleet of several deliver trucks. In the past, Auto
Delivery had followed the policy of purchasing all equipment. In the current year,
they decided to lease the trucks. The method of Accounting for the trucks is therefore
changed to lease capitalization. This change policy is fully Disclosed in footnotes
(WTP denganbahasapenjelas)
For each situation, do the following :
1. Identify which of the condition requiring a modification of or deviation from an
unqualified standart report is applicable.
2. State the level of materialty as immaterial, or highly material. If you cannot decide the
level of materiality, state the additional information needed to make a decision.
3. Given your answer in parts 1 and parts 2, state the type of audit report thet should be
issued. If you have not decided on one level of materiality inpart 2, state the
appropriate for each alternative materiality level.

Soal 3-27
2. For the following independent situations, assume that you are the audit partner on
engagement :
a. Keiko Technology Corporation has prepared financial statements but has decided to
exclude the statement of cash flows. Management explains to you that the users of
their financial statement find the statement confusing and prefer tnot have it included.
(WDP)
b. HardwareFromHouse.com is an interned-based start-up company created to sell home
hard-were supplies online. Although the company had a promising start, a downturn
in e-commerce retailing has negatively affected the company. The companys sales
and cash position have deriorated significantly, and you have reservations about that
ability of the company to continue in operation for the next year.
c. Approximately 20% of the audit of Fur Farms, Inc. was perform by a different CPA
firm, selected by you. You have reviewed their working papers and believe they did
an excellent job on their portion of the audit. Nevertheless, you are unwilling to take
complete responsibility for their work.
d. The Controller of Fair City Hotels Co. Will not allow you to confirm the receivable
balance from two of its major customers. The amounts of the receivables are material
in relation to Fair Citys financial statements. You are unable to satisfy yourself as to
receivable balances by alternatif procedures.
e. In the last 3 months of the current year, Oil refining Company decided to change
direction and go significantly into oil drilling business. Management recognizes that
this business is exceptionally risky and could jeopardize the success of its existing
refining business, but there are significant potential rewards. During the sort period of
operation in drilling, the company has had three dry wells and no successes. The facts
are adequately disclosed in footnotes.
f. Your Client, Auto Rental Company, has changed from straight-line to sum-of-the-
years digits depreciation. The effect on this years income is immaterial, but the
effect in futurr years is likely to be material. The facts are adequately disclosed in
footnotes.
For each situation, do the following :
1. Identify which of the condition requiring a modification of or deviation from an
unqualified standart report is applicable.
2. State the level of materialty as immaterial, or highly material. If you cannot decide the
level of materiality, state the additional information needed to make a decision.
3. Given your answers in parts a and b, state the appropriate audit report from the
following alternatives (if you have not decided on one level of materiality in part b,
state the appropriate report for each alternative materiality level) :
a. Unqualified-standard wording
b. Unqualified-explanatory paragraph
c. Unqualified-modified wording
d. Qualified opinion only-except for
e. Qualified scope and opinion
f. Disclaimer
g. Adverse
4. Based on your answer to part c, indicate which paragraphs, if any, should be modified
in the standard audit report. Also indicate whether an additional paragraphs is
necessary and its location in the report.
JAWAB:
3-26
(a)
CONDITION
(b)
MATERIALITY
LEVEL
(c)
TYPE OF
REPORT
(d) ADDITIONAL INFORMATION
(& OTHER COMMENTS)
1.
Pembatasan
RuangLingkup
Audit
Highly material Qualified-except
fotr
Klienmembatasiruanglingkup auditor,
dan auditor tidakyakindengan
alternative prosedur yang
telahdilakukan.
Padakenyataannyaterdapatpersediaan
yang salahsajidanjumlahnya material,
sehinggamenyebabkansalahsajidalam
neracadandapatberpengaruhdengana
kunakunlainnyamisalnya total aktiva,
penjualan, danlainlain. Type laporan
yang dikeluarkanadalah disclaimer
(tidakmemberikanpendapat). Paragraf
yang dibuat :
1. ParagrafPengantar
2. Paragraftambahanmenjelaskan
ruanglingkup audit yang di
batasi (paragraph
lingkupdihilangkan)
3. ParagrafPendapat yang
menyatakantidakmemberikanp
endapat.
2. PembatasanRu
angLingkup
Audit.
Immaterial Unqualified
explanatory
paragraph
Dalamhalini, klien
tidakmengizinkanadanyapengujianunt
uklaporantahun-tahun
sebelumnya.Sehingga,
tidakdapatdibandingkanlaporannyadan
berakibatpadapastitidaknyakewajaran.
Seharusnya,
Pengungkapanlaporanitudiperlukan.
3
PembatasanRu
angLingkup
Auditor
Immaterial Unqualified DalamKasusini auditor
dibatasidalamruanglingkupauditnya,
auditor
tidakdiperbolehkanuntukmelihatneraca
keuangan, disituterteranilai yang
sangat material
dalamakunpersediaan.
Sehinggamenyebabkan auditor
tidakyakinakannilaitersebut,
tetapilaporankeuangansecarakeseluru
hantelahsesuaidengan GAAP,
sehinnga auditor
mengeluarkanpernyataanqualified
4.
Keraguante
ntang going
concern
Material Unqualified
explanatory
paragraph
JurnalAdjusment- unqualified
(WDP)
Kasusnomer 4
inidipertanyakantentangkelangsungan
hidupperusahaankedepannyaapakahb
isabertahanatautidakdengankerugiant
ersebut, tetapilaporankeuangansesuai
GAAP. Jadi auditor
mengeluarkanlaporanwajartanpapeng
ecualiandenganbahasapenjelas.
Paragrafpenjelas,
menjelaskantentangkerugian yang
dialamiperusahaan.
5 Auditor
DiragukanKeind
ependensianny
a
Highly material Disclaimer Padasaathariterakhirpemeriksaanlapa
ngan, salahsatu auditor yang
ditugaskanuntukmengauditternyatame
milikiinvestasi yang cukupbesar di
Johnson danjumlahnya material.
Karena auditor
tersebutmemilikihubungandengan
Johnson,
jadidiragukankeindependensiannyadal
ampengauditanlaporankeuanganterse
but. Jadidikeluarkanlaporandengan
type disclaimer.
6
PerubahanPeng
gunaanmetode
Akuntansi
(konsistensi)
Immaterial Unqualified
explanatory
paragraph
Auto Delivery Company
merubahmetodeakuntansinyadari
policy of purchasing diubahke lease
capitization
tetapitidakberdampaksecara material
padalaporankeuangantersebut.
Auditor
memberikanpernyataanwajartanpapen
gecualiandenganbahasapenjelas.
Paragrafpenjelasnantinyaakanmengun
gkapkanperubahanmetodeakuntansi
yang digunakan Auto Delivery
Company.




3-27
(a)
CONDITION
(b)
MATERIALITY
LEVEL
(c)
TYPE OF
REPORT
(d)
COMMENTS
1. Tidak sesuai
dengan
Prinsip
Akuntansi
Berterima
Umum
Highly material Disclaimer Laporan Arus Kas merupakan
salah satu laporan yang highly
material karena menentukan
keputusan yang akan diambil oleh
klien. Apabila Klien tidak
mendapat informasi yang benar
dari laporan arus kas dan dampak
tidak adanya laporan arus kas
mempengaruhi laporan keuangan
secara keseluruhan, bersifat
highly material.
2. Kemampuan
untuk Going
Concern
dipertanyaka
n
Material Wajar tanpa
Pengecualian
dengan bahasa
Penjelas
Auditor tidak yakin akan
kemampuan perusahaanuntuk
melanjutkanoperasi.Auditoroleh
karena itu menambahkanparagraf
penjelasankarena adanya
kemungkinanbisnis yang berisiko
3. Melibatkan
auditor
(CPA) lain
Material Wajar tanpa
Pengecualian -
modified
wording
Ini adalahlaporan
auditbersamadimanaauditormengi
dentifikasibagiandari kertas kerja
yang dilakukan
olehauditorlaindalam
paragrafpendahuluan
danakanmengeluarkanpendapat
wajar tanpa pengecualian.
Jumlahdolarmutlakaktiva dan
pendapatanatau persentaseharus
dinyatakandalam
paragrafpengantar.Paragraf
pengantar, paragraf
lingkup,danopiniparagrafsemuany
adimodifikasi.
4. Pembatasan
ruang
lingkup
Material Wajar dengan
Pengecualian
Lingkup dan
Klien membatasi auditor untuk
tidak melakukan pemeriksaan
terhadap pelanggan yang memiliki
kerja auditor Pendapat piutang. Hal ini menyebabkan
auditor tidak mendapatkan
informasi yang memadai yang
bersifat material sehingga auditor
mengeluarkan opini Wajar dengan
Pengecualian-Lingkup dan
Pendapat
5. Tidak ada Tidak Material Wajar tanpa
Pengecualian
dengan bahasa
Penjelas
Klien tidak melakukan
pembatasan ruang lingkup kerja
auditor dan menyediakan laporan
keuangan sesuai Prinsip
Akuntansi Berterima Umum
dengan menyertakan disclosure
dan footnotes dalam rangka
penggantian arah bisnis
perusahaan secara memadai,
sehingga auditor memberikan
opini wajar tanpa pengecualian
dengan bahasa penjelas
6. Perubahan
Sistem
Perusahaan
Material Wajar tanpa
Pengecualian-
dengan bahasa
penjelas
Adanya perubahan sistem yang
terjadi selama tahun berjalan
sudah dijelaskan secara memadai
dalam disclosure dan footnotes,
kewajaran laporan keuangan bisa
dipastikan dan menjadi dasar
untuk audit laporan keuangan
tahun berikutnya yang berisiko
material

Pertanyaan Tambahan

1. Jelaskandansebutkankondisikondisi yang
menyeabkanakuntanmengeluarkanopiniselaluwajartanpapengecualian
Jawab:
a) DalamlaporankeuanganterdapatNeraca, Laporanlaba-rugi, Laporanperubahanekuitas,
danLaporanarusKas.
b) StandarUmum audit disepakatidalamperikatan
c) Bukti yang memadaisemestinyatelahdikumpulkan, dan auditor
telahmenunjukkannyasaatperikatandimanaetikatersebuttercantumdalam standard audit
lapangan
d) LaporankeuangansesuaidenganGAAP
,termasukdidalamnyadisclossuresdalamcatatanlaporankeuangandanbagian lain
darilaporankeuangaan.
e) Tidakadakeadaantertentu( pembatasanruanglingkup auditor, materialitas, highly
materialitas, dll) yang menyebabkan auditor
memberikanparagrafpenjelasataumodifikasiparagrafdalamlaporankeuangan.

2. Sebuah KAP membayar Komisi kepada makelar untuk memperoleh klien
Jawab:
Tidak bertentangan dengan etika karena KAP mempunyai hak untuk mempromosikan
kantornya sebatas tidak mengurangi independensi dan tidak merusak citra profesi
(ATURAN ETIKA KOMPARTEMEN AKUNTAN PUBLIK 502-503)