1.

Review the inventory section (indexed D) in the 19x1 file

description Ref balance per book 31/12/x2 adjustment

debit
Inventory 107 $ 492,345
Inventory on consignment 108 $ 7,655

[^] to TB

keterangan:
TB: trial balance
^: footing

CLIENTS : Markrich Sportworld, Inc. Prepared by : CH Reviewed by :

TITLE : Inventory Date Date :
adjustment final per audit 31/12/x2 final per audit 31/12/x1
credit
$ 492,345 $ 375,000
$ 7,655 0

Index : D
Audit Period : 31/12/19X2
4. Review the audit program procedures already completed by "CH"
5. Complete the audit program procedures numbered 6,9,11

MARKRICH SPORTWORLD, INC

AUDIT PROGRAM
INVENTORY
DECEMBER 31, 19X3

By Ref. Remarks
1. Auditor meninjau kembali dan mengevaluasi
pengendalian internal atas persediaan
CH D6

2. Auditor melakukan compliance test dengan

melakukan penelusuran sample pembelian
persediaan dan penjualan melalui catatan penjualan CH page 92

3. Auditor menelusuri saldo awal untuk tahun berjalan

pada kertas kerja CH D
4. Auditor mengamati perhitungan fisik persediaan
dan membuat tes perhitungan CH D4

5. Auditor menyiapkan memo atas ringkasan

pengamatan perhitungan fisik persediaan CH D2

6. Auditor memperoleh salinan persediaan fisik, bukti

ekstensi dan footing, dan persetujuan tes
perhitungan. Untuk kategori terpilih (peralatan latiha
dan persediaan konsinyasi), memperpanjang, foot dan CH D3, D5
penelusuran ke list akhir

7. Auditor meninjau kembali metode pricing atas

konsistensi dan pengujian pada item terpilih untuk CH page 87
harga yang layak

8. Auditor meninjau kembali persediaan yang usang

dan memastikan apa saja persediaan yang dijaminkan CH
sebagai jaminan pinjaman

9. Auditor memeriksa item persediaan pada

konsinyasi D5
10.Auditor meninjau kembali transaksi terpilih dengan
segera sebelum dan sesudah tahun pendirian atas
cutoff yang tepat; hubungan dengan audit program
untuk piutang dan hutang CH D
11. Auditor memastikan laporan keuangan atas
persediaan dan HPP telah disajikan dengan tepat D
 Asersi
Semua asersi

Completeness

Valuation

Valuation, existance or
occurance, right & obligation

Completeness, right and

obligation, existance or
occurance

Completeness

Valuation

Valuation

Valuation

Completeness, existance or
occurance, right and
obligation
Presentation and disclosure
Client : Markrich Sportworld, Inc.
Title : Inventory Summary
Audit Period : : 31/12/19x2

Reserved Numbering Actual Numb of Total Cost of

Category Description
Sequence Different Items Inventory

Apparel 0001-0099 75 $ 34,131

Spoting Equipment 0100-0249 109 $ 143,782
Exercise Equipment 0250-0300 31 $ 37,225 D3
Outdoor Equipment 0301-0499 82 $ 136,452
Water Sport 0500-0599 53 $ 64,429
Games 0600-0699 29 $ 12,747
Gloves and Shoes 0700-0799 81 $ 47,569
Assorted Items 0800-0899 40 $ 16,010
Consigned Merchandise 0900-0999 10 $ 7,655 D5
Total Inventory after adjustment $ 500,000

Prepared by : Reviewed by : Index : D2

Index : D2
Client : Markrich Sportworld, Inc.
Title : Exercise Equipment
Audit Period : 31/12/19x2

Item No. Description Quantity Unit Cost Total Cost

250 3 speed bike - mens 17 √ $ 130 ˂ $ 2,210
251 - ladies 16 √ $ 120 ˂ $ 1,920
252 - boys 20 √ $ 110 ˂ $ 2,200
253 - girls 24 √ $ 100 ˂ $ 2,400
254 Exercise bike - standard 10 √ $ 90 ˂ $ 900
255 - deluxe 13 √ $ 100 ˂ $ 1,300
256 - superdeluxe 14 √ $ 110 ˂ $ 1,540
257 Rower Exerciser 17 √ $ 95 ˂ $ 1,615
258 Exercise Lounge 14 √ $ 210 ˂ $ 2,940
259 Exercise mat 65 √ $ 30 ˂ $ 1,950
260 Massage belt 40 √ $ 25 ˂ $ 1,000
261 Ankle weights 30 √ $ 35 ˂ $ 1,050
262 Barbells 25 √ $ 30 ˂ $ 750
263 Barbell curl bar 12 √ $ 15 ˂ $ 180
264 Cest exerciser 10 √ $ 45 ˂ $ 450
265 Weight bench - standard 8√ $ 70 ˂ $ 560
266 - deluxe 12 √ $ 90 ˂ $ 1,080
267 Incline press bench 16 √ $ 55 ˂ $ 880
268 Leg luft bench adapter 7√ $ 22 ˂ $ 154
269 Free weights for bars 20 √ $ 15 ˂ $ 300
270 Wrist weights 17 √ $ 30 ˂ $ 510
271 Medicine balls - 25 lbs 27 √ $ 45 ˂ $ 1,215
272 - 50 lbs 30 √ $ 20 ˂ $ 600
273 - 100 lbs 10 √ $ 28 ˂ $ 280
274 Puching bag set - regular 7√ $ 47 ˂ $ 329
275 - deluxe 11 √ $ 67 ˂ $ 737
276 Exercise wheel - regular 9√ $ 111 ˂ $ 999
277 - deluxe 18 √ $ 127 ˂ $ 2,286
278 Expander machine - regular 6√ $ 210 ˂ $ 1,260
279 - deluxe 13 √ $ 230 ˂ $ 2,990
280 Exercise ropes 80 √ $ 8 ˂ $ 640
618 √ $ 2,420 $ 37,225

Ket :
√ Quantities on count tags were traced to final inventory listing, CH
˂ Unit costs were agreed to vednors catalogs and invoiced, CH

Prepared by : Reviewed by : Index : D3

Index : D3
Client : Markrich Sportworld
Title : Inventory Test Count
Audit Period : 31/12/19x2

Item Description Quantity Unit Cost

109 Bowling balls-super deluxe 24 √ $ 28 ‹
126 Soccer balls- deluxe leather 90 √ $ 29 ‹
113 Footballs - deluxe leather 44 √ $ 26 ‹
28 Quilted jacket 21 √ $ 35 ‹
33 Soccer shirts - long sleeve 72 √ $ 21 ‹
502 Fishing rods - deluxe heavy weight 21 √ $ 38 ‹
703 Jogging shoes - boys 60 √ $ 25 ‹
721 Bowling shoes - mens 48 √ $ 27 ‹
355 Field glasses - wide angle 15 √ $ 53 ‹
374 Rifle scope - variable deluxe 16 √ $ 69 ‹
322 Hunters knife 19 √ $ 24 ‹
541 Scuba tank 15 √ $ 70 ‹
24 Camauflage suit - mens 36 √ $ 68 ‹
252 3 speed bikes- boys 20 √ $ 110 ‹
253 3 speed bikes - girls 24 √ $ 100 ‹
277 Exercise wheel - deluxe 18 √ $ 127 ‹
258 Exercise lounge 14 √ $ 210 ‹
364 Sweeping bag - super deluxe 17 √ $ 39 ‹
616 Croquet set - standard 10 √ $ 25 ‹
188 Tennis rackets - fiber glasses 60 √ $ 72 ‹
211 - wood deluxe 55 √ $ 69 ‹
212 - graphite 71 √ $ 82 ‹
230 Racquetball racket - deluxe 65 ⱦ $ 58 ‹
266 Weight bench - deluxe 12 √ $ 90 ‹
610 Billiard table 4 √ $ 410 ‹
133 Baseball gloves - regular 45 √ $ 43 ‹
143 Shoulder pads - regular 16 √ $ 30 ‹
148 - super deluxe 14 √ $ 38 ‹
817 Stopwatches - regular 35 √ $ 22 ‹
279 Expander machine - deluxe 13 √ $ 230 ‹
191 Snow skis - ladies deluxe 23 √ $ 128 ‹
194 - mens regular 28 √ $ 111 ‹
195 - childs deluxe 23 √ $ 101 ‹
1,048 √ $ 2,608 ‹

Ket :
√ Agreed to inventory count tags and final invetory list, CH
‹ Agreed to final inventory list and to vendors 'price list', CH
ⱦ Item count differed by three units; difference was due to similar items being mixed. This exception not mater
Prepared by : Reviewed by :
 Total Cost
$ 672
$ 2,610
$ 1,144
$ 735
$ 1,512
$ 798
$ 1,500
$ 1,296
$ 795
$ 1,104
$ 456
$ 1,050
$ 2,448
$ 2,200
$ 2,400
$ 2,286
$ 2,940
$ 663
$ 250
$ 4,320
$ 3,795
$ 5,822
$ 3,770
$ 1,080
$ 1,640
$ 1,935
$ 480
$ 532
$ 770
$ 2,990
$ 2,944
$ 3,108
$ 2,323
$ 62,368
12.5%

ems being mixed. This exception not material, CH

Index : D4
Client : Markrich Sportworld, Inc.
Title : Consigned Inventory
Audit Period : 31/12/19x2

Item Item No. Quantity Unit Cost Total Cost

Bowling balls - regular 107 (901) 20 ‹ $ 22 √ $ 440
Basketball shoes - boys 761 (902) 40 ‹ $ 25 √ $ 1,000
Tennis rackets - regular 187 (903) 60 ‹ $ 20 √ $ 1,200
Skate boards - regular 166 (904) 30 ‹ $ 18 √ $ 540
Tennis shoes - boys 719 (905) 40 ‹ $ 21 √ $ 840
Footballs - deluxe 113 (906) 30 ‹ $ 17 √ $ 510
Jackets - women ski 058 (907) 35 ‹ $ 30 √ $ 1,050
Football helmets 154 (908) 30 ‹ $ 15 √ $ 450
Pallet guns 362 (909) 25 ‹ $ 25 √ $ 625
Basketball -deluxe 104 (910) 50 ‹ $ 20 √ $ 1,000
360 ‹ $ 213 √ $ 7,655

Ket :
‹ Agreed to detailed inventory records CH
√ Agreed to suppliers catalogs and invoices CH

Prepared by : Reviewed by : Index : D5

2. Review the internal control questionnaire in the 19x2 file.

MARKRICH SPORTWORLD, INC.

INVENTORY AND COST OF SALES

Y N Remarks
1. Adakah kebijakan untuk
menetapkan jumlah pesanan dan
pemesanan kembali? √

2. Apakah barang dagangan

dihitung dan diperiksa sebelum
adanya persetujuan dari vendor? √

3. Are merchandise receipts under N/A; banket order

blanket purchase orders not used
continuously monitored?

4. Apakah catatan persediaan

perpetual? √
5. Adakah instruksi pencatatan
untuk perhitungan fisik
persediaan? √

6. Apakah catatan perpetual

direkonsiliasi dengan perhitungan
fisik persediaan secara berkala? √

7. Apakah terdapat penyesuain

atas catatan persediaan dan
disetujui? √

8. Apakah pengiriman, persediaan,

dan catatan penagihan
dibandingkan secara regular? √

9. Apakah terdapat catatan untuk

kons masuk dan kons keluar?
√

10. Apakah sesuai, konsisten

metode biaya yang digunakan
untuk menilai alokasi biaya dari √
persediaan ke HPP?

11. Apakah tempat penyimpanan

aman untuk menghalangi
masuknya persediaan yang tidak √
sah?
12. Apakah pengamanan fisik
seperti pemasangan alarm dan
petugas keamanan memadai? √

13. Apakah karyawan terikat? √

14. Apakah cakupan asuransi
ditinjau secara reguler? √

Kesimpulan :
Secara keseluruhan pengendalian internal perusahaan sudah bagus karena hasil ICQ keseluruhan "yes"
MARKRICH SPORTWORLD, INC.
NVENTORY AND COST OF SALES

Asersi
right and obligation

right and obligation, esxistance or occurance

right and obligation

existance or occurance

valuation, right and obligation

completeness

existance or occurance, right and obligation

completeness

completeness

valuation

right and obligation

 right and obligation

right and obligation

right and obligation

us karena hasil ICQ keseluruhan "yes"