Brekdak is the head of accounting department of Suka Maju company, who manages all resources in accounting to be able to adopt the use of technology, where currently the accounting department has adopted an internal accounting system in the cloud that is integrated with all parts of the company to help in everything the financial record process and make reports, where the system is called cloud accounting. This system is very useful in automating the whole procedures that are equipped with transaction logs, so in addition to being easy to track, it also helps the IT team to correct the data entry on a date if there is something that needs to be added. Along with the IT team led by Josh, the accounting department also assists in oversight related to the recording of financial statements, which only focusing on the results of presenting data information that is consulted with stakeholders and the IT team in the development of future systems. All operations have been running effectively and it proofed in deliver all information faster and accurately through an integrated system that supports stakeholders, where acceleration of ongoing activities and a system of procedures that are strictly controlled by IT collaboration with all parties has helped the decision-making process that leads to greater company performance. However along with the digital development, despite the fact that the ongoing process has been based on automatic, it does not reduce the role of accountants, but how to revitalize accountants to change responsibilities by transform accountant to be advisory and consultants where it improves the communication skills by discussing with the IT team and other parties. Then, Brekdak tends to direct accountants to be able to monitor and analyze the operational transaction activities of more than 1 department, because by using advanced system is able to use costs, energy, and time efficiently, where Winoto supervise and evaluate the records made by the purchasing and sales department, Narto helps to supervise and control all the activities in the production department, and Anna is located in the payroll and finance department. At the end of the month, the accountants immediately analyze each record that has been completed to see where the deed is in the correct postal account, which then immediately publishes its monthly report as proof of transparency and accountability process that has been developed within the company. As the internal auditor of the company, you are asked by the top management to perform an audit related to the implementation of the Cloud Accounting system that has been carried out through an audit process in the Accounting Department to ensure that all processes that are executed in accordance with the rules of the code of ethics and anticipate suspicious risks. You can create a table to make it easier for you to answer some of the questions below • Make a concrete audit plan and prepare a risk assessment as your investigation on fraud that may occur when operating Cloud Accounting based on the results of your analysis, whereby analyzing the risk assessment, you are asked to make a follow-up plan to prevent these risks from happening in the future. • Make a test of the strategy that you have compiled to predict how accurately the progress of the work you produce and how it helps in the successful implementation of an audit that can improve business performance? • Make a recommendation to the Accounting Department based on your findings and do you think the internal control within the company has been working well? Explain your reasons and how you will respond in the future to improve internal control if it is judged to be bad. What kind of control do you think you can do (preventive, detective, etc.) to help improve the security of information distribution to stakeholders? Explain the reason.
Brekdak is the head of accounting department of Suka Maju company, who manages all resources in accounting to be able to adopt the use of technology, where currently the accounting department has adopted an internal accounting system in the cloud that is integrated with all parts of the company to help in everything the financial record process and make reports, where the system is called cloud accounting. This system is very useful in automating the whole procedures that are equipped with transaction logs, so in addition to being easy to track, it also helps the IT team to correct the data entry on a date if there is something that needs to be added. Along with the IT team led by Josh, the accounting department also assists in oversight related to the recording of financial statements, which only focusing on the results of presenting data information that is consulted with stakeholders and the IT team in the development of future systems. All operations have been running effectively and it proofed in deliver all information faster and accurately through an integrated system that supports stakeholders, where acceleration of ongoing activities and a system of procedures that are strictly controlled by IT collaboration with all parties has helped the decision-making process that leads to greater company performance.
However along with the digital development, despite the fact that the ongoing process has been based on automatic, it does not reduce the role of accountants, but how to revitalize accountants to change responsibilities by transform accountant to be advisory and consultants where it improves the communication skills by discussing with the IT team and other parties. Then, Brekdak tends to direct accountants to be able to monitor and analyze the operational transaction activities of more than 1 department, because by using advanced system is able to use costs, energy, and time efficiently, where Winoto supervise and evaluate the records made by the purchasing and sales department, Narto helps to supervise and control all the activities in the production department, and Anna is located in the payroll and finance department. At the end of the month, the accountants immediately analyze each record that has been completed to see where the deed is in the correct postal account, which then immediately publishes its monthly report as proof of transparency and accountability process that has been developed within the company.
As the internal auditor of the company, you are asked by the top management to perform an audit related to the implementation of the Cloud Accounting system that has been carried out through an
• Make a concrete audit plan and prepare a risk assessment as your investigation on fraud that may occur when operating Cloud Accounting based on the results of your analysis, whereby analyzing the risk assessment, you are asked to make a follow-up plan to prevent these risks from happening in the future.
• Make a test of the strategy that you have compiled to predict how accurately the progress of the work you produce and how it helps in the successful implementation of an audit that can improve business performance?
• Make a recommendation to the Accounting Department based on your findings and do you think the internal control within the company has been working well? Explain your reasons and how you will respond in the future to improve internal control if it is judged to be bad. What kind of control do you think you can do (preventive, detective, etc.) to help improve the security of information distribution to stakeholders? Explain the reason.
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