Client: PT New Hope Indonesia Prepared by: PLU Date: March 2, 18

Period ended: December 31, 2017 Reviewed by: RMP Date: March 8, 18 310

Subject: Overall Audit Conclusion

This checklist should be used to ensure that all relevant audit procedures have been satisfactorily
completed. It does not preclude the use of judgement in deciding whether all the audit objectives have
been achieved and the items listed are not exhaustive.
W/P Ref Yes / No and Comments

Supervisor / Manager’s Conclusion: Subject to the matters

shown below which require further consideration: Yes, That’s relevant to forming
an audit opinion according the
1) The Matters for Partner’s Attention contains all the partner’s attention on
matters relevant to forming an audit opinion. 393.1 important matters.
Yes, Audit has been conducted
2) The audit has been carried out in accordance with the in accordance with the strategy
Audit Strategy and Audit Plan, and the audit evidence and audit plan as well as
obtained is sufficient to justify the opinions and the adequate evidence to justify
statements made in the Audit Report. 402 the opinions.
3) All permanent information held on the client has been Yes, all permanent information
updated with the relevant changes. 465 has been updated.
A-102; B- All applicable confirmation has
101.1c; B- been sent. Please refer to the
101.2c; B- working paper containing the
101.3c; B- confirmation replies. However,
101.4c; BB- for letters not returned,
101.1c; BB- alternative procedures are
4) All applicable independent confirmations have been 101.2c; BB- performed.
received. 101.3c; BB-
101.4c; BB-
105; EE-
102

5) All representations from management have been included Yes, the letter of representation
in the Letter of Representation. 203 has been signed by client
6) The overall conclusion on Analytical Review is consistent 510 Yes, analytical review perform
with our understanding of the entity. by judgment understanding of
the entity too.
7) The overall conclusion on Assessment of Fraud is
consistent with our understanding of the entity. 522 Yes
8) Other information to be issued with the financial 204 Yes, all information has been
statements has been considered, and is consistent with the considered and consistent with
audited financial statements. the audited financial
statements.
9) All subsequent events have been considered. 650 Yes
10) The total of the unadjusted errors is not material. 335 No unadjusted errors
11) The financial statements give a true and fair view and
comply with all applicable PSAK. 201 Yes

The following matters require further

consideration: Action Required Cleared By: Initials / Date
N/A N/A N/A
Associate Manager: Date: March 21, 2018

Berthold Pantas Charles Silalahi

Client: PT New Hope Indonesia Prepared by: PLU Date: March 2, 18
Period ended: December 31, 2017 Reviewed by: RMP Date: March 8, 18
Subject: Overall Audit Conclusion

Partner Review and Completion

Conclusion W/P Ref Yes / No and Comments
1) Is there sufficient evidence on file to show that the audit Yes, sufficient evidence
was performed in accordance with the Audit Strategy and relevant with audit strategy
Audit Plan? Was it updated where appropriate? 402 and audit plan, and it updated.
2) Has materiality been reconsidered and any adjustments Yes, materiality based on
properly documented? 420 professional judgment.
3) Have all the risks been properly recorded and our
understanding of the business updated appropriately? 510 Yes
4) Have audit procedures addressed the identified risks A-100 to
satisfactorily? 70-100 Yes
5) Have all working papers been signed off, dated, and A-101 to
reviewed? 70-101 Yes
6) Have all consultations been adequately recorded and have
issues of differences and opinions been adequately
resolved? 320 Yes
7) Where an Engagement Quality Control Review was carried
out, have all points arising been adequately cleared? 312 Yes
8) Have all points arising on the Partner’s Review Notes and
Partner’s Review Checklist been adequately cleared? 311 Yes
9) Based on the audit evidence obtained, is an unqualified
opinion appropriate? If not, has adequate consultation
taken place in accordance with the firm’s procedures? 201/320 Yes
10) If a management letter is required, has it has been drafted
and discussed with the management and does it include
any prior year issues not satisfactorily actioned? 202 Yes
11) Does the draft letter of representation contain all the
relevant representations obtained from the management,
and have they been agreed with the management? 203 Yes
12) If consolidated financial statements are being audited,
have the relevant consolidation procedures been complied
with? Section D Yes
13) Have events occurring between the balance sheet date and
the date of the audit report been reviewed and the
implications actioned? 650 Yes
14) Is there a need to report by exception on any fundamental
accounting concepts not complied with (such as the going
concern basis not being appropriate) and is the going
concern basis appropriate? 625 No
15) Is all information which may affect future audits
summarised in “Points Carried Forward” to prevent it
being overlooked? 395 Yes
16) Has the time budget and summary been completed? Are
variances explained? 450 Yes
Partner's Conclusion
The audit approach taken and the work carried out and evidence thereof are sufficient to justify the opinions
and statements made in the audit report.
Engagement Partner: Engagement Quality Control Reviwer:

Yudianto Prawiro Silianto Velix Sogen

Date: March 25, 2018 Date: March 23, 2018