Nama : Dodi Prasetya

NIM : 19080694039
Kelas : Akuntansi 2019I

PT Ciputra Development Tbk

Audit Plan

1. General
PT Ciputra Development Tbk (CTRA) was established in the Republic of
Indonesia originally under the name PT Citra Habitat Indonesia based on
notarial deed No. 22 dated October 22, 1981 of Hobropoerwanto, S.H.
The deed of establishment was approved by the Ministry of Justice in its
Decree No. YA 5/417/9 dated June 4, 1982 and was published in
Supplement No. 1131 dated September 7, 1982 of the State Gazette No.
72.

According to Article 3 of the Company’s Articles of Association, its scope

of activities based on KBLI are holding company activity, real estate that
is owned or leased, recreational area, industrial area, real estate on a fee
or contract basis, headquarter, other management consultancy activity,
leasing without option of non-financial asset, golf course and sport
centre.

2. Purpose of Company
Ciputra's long-term goal is to establish and run companies and
businesses in the fields of trade, industry, investment, development,
development and services.

3. Company Address
Ciputra World 1 DBS Bank Tower Lantai 39 Jl. Prof. DR. Satrio Kav. 3-5
Jakarta 12940

4. Corporate Governance Arrangements

 Direktur Utama : Candra Ciputra
 Direktur : Cakra Ciputra
 Komisaris : Dian Sumeler
 Ketua Komite Audit : Kodradi

5. Equity
Under the equity method, the investment in an associate or a joint
venture is initially recognized at cost. The carrying amount of the
 investment is adjusted to recognize changes in the Group’s share of net
assets of the associate or joint venture since the acquisition date.
Goodwill relating to the associate or joint venture is included in the
carrying amount of the investment and is not tested for impairment
separately.

6. Accounting Policies
 Basis preparation of the consolidated financial statements
The consolidated financial statements have been prepared and
presented in accordance with the Indonesian Financial Accounting
Standards (SAK), which consist of the Statements of Financial
Accounting Standards (PSAK) and Interpretations to Financial
Accounting Standards (ISAK) issued by the Financial Accounting
Standards Board of the Indonesian Institute of Accountants and
the regulations financial statements presentation and disclosure
for issuer or public company issued by the Financial Service
Authority (OJK).

 Accounting standards issued and revised

The adoption of the new and revised standard and interpretation
which is started in the beginning of January 1, 2019, did not result
in substantial changes to Group’s accounting policies and had no
material effect on the amounts reported for the current or prior
financial years.
 PT Ciputra Development Tbk
Financial Statement

1. Statements of Financial Position

 PT Ciputra Development Tbk
Materiality

Priority audit focus and audit considerations as part of the risk

assessment, we identify risk based on the conclusion (judgment),
significant risk or high risk. Significant risk and high risk are identified
and assessed from the risk of misstatement and in our opinion it
requires audit consideration. although in fact PT Ciputra's financial
report does not contain any materiality or misstatement. Risk
assessment is based on:

 The complexity of transactions in each unit and line of PT Ciputra

 The level of subjectivity in the measurement of risk-related
financial information, especially the measurement that covers a
large and uncertain scope.
 Assess and view previous year's performance
 Look at the areas that allow fraud risk
 PT Ciputra Development Tbk
Audit Program

No. Description Infromation

1. Internal Control Done
- Cash and cash equivalents
- Reported according to assets, liabilities and equity
2. Assets Test
1. Current assets :
 Cash and cash equivalents
 Accounts receivable
 Equipment
 Merchandise inventory etc Done
2. Non-current assets
3. Intangible assets

3. Liability Test :
1. Short term liabilities :
 Accounts payable
 Tax debt
Done
2. Long term liabilities

4. Equity Test Done