Video 8 Mandatory Training CGAE: Gambaran Umum Reviu Laporan Keuangan - Daissy

Summary

This training video introduces the general overview of financial report reviews, focusing on key topics like legal foundations, review standards, and objectives. It outlines the regulations guiding both Ministry and regional government financial reports, including PP Numbers 8, 60, and 71, and Ministerial Regulations. The video explains the purpose of reviews, which provide limited assurance about the accuracy, reliability, and validity of financial reports. Key activities involve reviewing accounting records, ensuring competency and objectivity, and conducting limited confidence checks. The session sets the stage for a detailed exploration of review stages in a follow-up video.

Takeaways

• 😀 Financial report review training is mandatory for CJR level 2 holders, focusing on understanding the financial review process.
• 😀 The general overview of financial report review is covered in this video, while a separate video focuses on the stages of the review.
• 😀 The legal basis for financial report review includes regulations such as PP Number 8 of 2006, PP Number 60 of 2008, and PP 71 of 2010, alongside various ministerial regulations for ministries and regional governments.
• 😀 The financial report review standards ensure the reliability, validity, and transparency of government financial reports, as outlined in specific ministerial regulations.
• 😀 The purpose of the review is to provide limited assurance on the accuracy and reliability of financial reports for government institutions and regional governments.
• 😀 Review standards help establish a framework for carrying out reviews and evaluating the implementation of reviews to improve the quality of financial reports.
• 😀 The review involves verifying numbers in financial reports against accounting records and source documents, as well as analyzing unusual transactions.
• 😀 Reviewers must demonstrate competency in government accounting standards, financial reporting systems, auditing, communication, and database analysis.
• 😀 Objectivity in the review process is crucial, ensuring decisions are made without bias or influence from self-interest or external pressures.
• 😀 Limited confidence in the review results refers to verifying the accuracy, validity, and recognition of transactions through comparison with various financial documents and reports.

Q & A

What is the purpose of the financial report review as outlined in the script?

The purpose of the financial report review is to provide limited assurance on the accuracy, reliability, and validity of financial information, ensuring that transactions are recorded according to government accounting standards and that reports are presented in accordance with established guidelines (SAP).

What are the main activities involved in the financial report review process?

The main activities include verifying numbers from the financial reports against accounting records and source documents, requesting information about the collection, classification, and reporting of transactions, and analyzing relationships in the data to identify unusual patterns.

What legal documents are mentioned as the legal basis for financial report reviews?

The legal basis for financial report reviews includes PP Number 8 of 2006, PP Number 60 of 2008, PP 71 of 2010, and Ministerial Regulations such as PMK 255/PMK.09/2015 for the Ministry of Institutions, as well as PMK 68/PMK.09/2015 and Permendagri No. 4 of 2018 for regional government financial reports.

Why are review standards necessary for the financial report review process?

Review standards are necessary because they provide a clear framework for carrying out reviews, ensuring that the results are standardized, improving the quality of the financial reports, and ensuring that reviews are conducted consistently and effectively.

What competencies are required for conducting a financial report review?

Competencies required for a review include a deep understanding of government accounting standards, financial reporting policies, accounting systems, auditing basics, and the ability to analyze databases and financial reports.

What does the concept of 'limited confidence' in the review results mean?

Limited confidence means that the review provides a reasonable level of assurance about the accuracy, reliability, and validity of the financial information, but it does not guarantee absolute certainty. It is based on various comparison techniques such as comparing account balances and reviewing internal processes.

How does the review process contribute to improving the quality of financial reports?

The review process helps improve the quality of financial reports by identifying inconsistencies, ensuring compliance with standards, and making recommendations for enhancing the accuracy and reliability of the reports.

What is the significance of competency and objectivity in the financial report review process?

Competency ensures that the reviewer possesses the necessary expertise to perform the review accurately, while objectivity ensures that the review is conducted impartially, without influence from personal or external interests, maintaining the integrity of the review process.

What regulations govern the financial report review process for regional governments?

For regional governments, the review process is governed by Ministerial Finance Regulation No. 68/PMK.09/2015 and Permendagri No. 4 of 2018, which outline the standards and procedures for reviewing regional government financial reports.

What is the role of the government internal supervisory apparatus (APIP) in the financial report review?

APIP, which includes entities like the Ministry of Regional Government Institutions (Inspectorate), is responsible for carrying out reviews of financial and performance reports to ensure their reliability before they are submitted by the heads of ministries or regional governments to the relevant parties.