We are a legal team from the office of I Putu Agus Putra Sumardana, SH & Partners who are experienced in handling due diligence. Lawyers/legal teams conduct investigations in order to obtain material information or facts in order to find a picture of the condition of a company or object of a transaction.
While Legal auditors are the activities of lawyers/legal teams to examine legal evidence of business status, system of control procedures, use of assets, transfer of assets, disposal of assets, as well as identification of problems and strategies for solving legal problems of the company to be audited.
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As we have experienced the legal team from the office of I Putu Agus Putra Sumardana, SH & Partners in handling legal auditors for companies engaged in leasing villa complexes / tourist cottages, the scope of work that our team I Putu Agus Putra Sumardana, SH & Partners do, among other things:
- Analyze the work agreement between the owner and the Field Director.
- Conducting salary audits for employees, foremen and builders, whether they are in accordance with the procedures set by the company, checking the payment/wages procedures for employees, foremen and builders
- Conducting audits of purchase notes for company goods and services.
- Carry out an audit of the progress of the building work by the field director, foreman and builder
- Check land legality, building permits, papers and land taxes, villa permits
- Check the building structure, related to building materials used by the Field Director, Foreman and Builders
- Checking the draft budget for the construction of villas, checking taxation and the legality of building villas
- Our team work consists of legal, accounting and civil engineering teams
The legal team of I Putu Agus Putra Sumardana, SH & Partners carried out the steps of a legal auditor to obtain information regarding the performance and financial quality of a company. This procedure will allow the legal team of I Putu Agus Putra Sumardana, SH & Partners to form an opinion on the financial statements and find out whether the financial position of a company or organization is running well or normally. In this procedure, our legal team I Putu Agus Putra Sumardana, SH & Partners will take 8 (eight) steps, namely:
Inspection is an audit procedure in the form of an overall or detailed examination of documents, records or the physical condition of something related to financial statements. Examination of these documents or records is intended so that an auditor can determine the provisions of requirements, invoices and other important documents. With this inspection, further evaluation can be carried out. This process is known as vouching and is an important part of the Test of Controls and Test of Details of a company which is carried out by the legal team of I Putu Agus Putra Sumardana, SH & Rekan.
Observation is a process in which the legal team of I Putu Agus Putra Sumardana, SH & Rekan observes the processes and procedures carried out by clients to find out how their processes work. This was also done to find out if there were any weaknesses in the procedures carried out and became a record for the legal team of I Putu Agus Putra Sumardana, SH & Partners. These observations are an important part of the report on understanding internal control. That's why the observation must be carried out by the legal team I Putu Agus Putra Sumardana, SH & Partners as a technique of the audit procedure.
Confirmation is an investigation to obtain information from parties other than the organization. In this step, the legal team of I Putu Agus Putra Sumardana, SH & Partners will ask the client questions that must be answered immediately. Based on the direct answers given by the client, this will later become objective evidence because the source comes from outside.
- Request for Information
The legal team of I Putu Agus Putra Sumardana, SH & Partners will make inquiries as one of the audit procedures where this stage is carried out usually in the form of verbal statements. Therefore, this oral statement can be verbal and real evidence. This inquiry will involve management or employees. This request for information usually contains questions that will be answered by the relevant party. Based on this, the legal team I Putu Agus Putra Sumardana, SH & Partners will receive oral evidence.
The search conducted by the legal team of I Putu Agus Putra Sumardana, SH & Partners usually starts from the initial stage to the accounting records stage. This procedure will later provide results from the completeness of the data from the accounting records. Usually tracking is done on sales transactions such as order information, delivery reports, sales invoices, sales transactions, and so on.
Performing calculations in audit procedures aims to evaluate physical evidence in the form of existing goods, cash amounts and records of all documents with serial numbers that have been printed. This calculation is carried out to evaluate the physical evidence of the existing quantity with the accountability of existing records. Therefore, the point is that the calculation is carried out to evaluate the documentary evidence that supports the completeness of the accounting records.
- Examination of supporting evidence
The next activity of examining supporting evidence is part of the audit procedure which is also important. This procedure involves selecting the journal entries in the accounting records. This technique is done by comparison between documents and accounting records. This procedure aims to obtain audit evidence regarding the correctness of the accounting treatment of transactions that occur
One of the important audit procedures carried out in re-implementation includes bond premiums, accrued interest, discounts, depreciation expense, journal totals, quantity calculation multiplied by the adjusted price per item. Re-execution can also be performed on certain transaction processes to ensure re-enforcement.
- Evaluating the Company
Subsequent audit procedures are carried out with the help of electronic media for accounting records. Some of the auditor's activities carried out with the help of a computer include calculating the total balance, calculating ratios, comparing data elements in various files, choosing the name of the debtor to be sent a confirmation letter and so on.