Laporan Hasil Audit Internal - Audit Internal

Summary

In this presentation, Lumanul Hakim Sulaiman explains the key components and purpose of internal audit reports using a case study from the food services department at Ran City School. He covers the purpose of the report, which includes ensuring management’s respect for audits, enhancing stakeholder trust, detecting fraud, and ensuring compliance with accounting standards. The report should be concise, accurate, constructive, clear, objective, and timely. The presentation also outlines the steps involved in creating an audit report, such as identifying findings, drafting the report, discussing with management, and finalizing the document.

Takeaways

• 😀 Internal audit reports are documents that provide the results of internal audits conducted by auditors within an organization.
• 😀 The purpose of an internal audit report is to help management take corrective actions to address deficiencies within the company.
• 😀 Audit reports aim to improve stakeholder confidence, detect fraud, and ensure compliance with accounting standards.
• 😀 A good audit report should be concise, accurate, constructive, clear, objective, and timely.
• 😀 The report should include only relevant and important information to make it easily understandable for readers.
• 😀 Findings in the audit report must be based on strong evidence and verifiable data to ensure accuracy.
• 😀 Recommendations in the audit report should be actionable, either preventive or corrective, to improve identified issues.
• 😀 The audit report cycle typically involves identifying audit findings, drafting initial findings, discussing with management, and finalizing the report.
• 😀 Key components of an audit report include the cover page, title, background and objectives, scope, methodology, findings, recommendations, management responses, and conclusions.
• 😀 The scope of the audit explains the areas reviewed, the audit period, and the sources of data, helping the reader understand the focus of the audit.
• 😀 Management's response section indicates how the auditee reacts to the auditor's recommendations, which can include acceptance, rejection, or modifications.

Q & A

What is an internal audit report?

An internal audit report is a document that summarizes the findings of an internal audit conducted by an internal auditor. It is used to highlight any issues or discrepancies found within an organization and suggest corrective actions.

What is the main purpose of an internal audit report?

The main purpose is to provide management with insights into the effectiveness of internal controls, identify areas of improvement, and ensure compliance with applicable standards and regulations.

What are the key criteria for a good internal audit report?

The key criteria for a good audit report include being concise, accurate, constructive, objective, and timely. It should be clear and straightforward, based on verifiable evidence, and offer actionable recommendations.

What does 'concise' mean in the context of an internal audit report?

'Concise' means that the audit report should be brief and to the point, making it easy for the reader to understand the key findings and recommendations without unnecessary detail.

Why is accuracy important in an internal audit report?

Accuracy is crucial because the findings and recommendations must be based on reliable evidence and facts. An inaccurate report could lead to incorrect decisions or missed opportunities for improvement.

What does 'constructive' mean in the context of an audit report?

'Constructive' refers to the report offering recommendations that are not only factual but also helpful in guiding the auditee to improve their processes and correct any identified deficiencies.

How should the findings in an internal audit report be presented?

Findings should be presented clearly and objectively, indicating whether conditions align with established criteria. If discrepancies are found, they should be explained with evidence and the impact on the organization outlined.

What is the significance of the 'timely' criterion in an audit report?

A timely report ensures that the findings and recommendations are delivered promptly, allowing the auditee to take corrective action without unnecessary delay.

What is the general process for creating an internal audit report?

The process generally involves identifying audit findings, drafting initial reports, discussing the findings with management, and then issuing the final audit report. This cycle helps ensure that the audit is thorough and well-understood by the stakeholders.

What are the typical components of an internal audit report?

The components include a cover page, title, background and purpose, scope, methodology, findings, recommendations, management response, conclusion, and auditor’s signature.