RISK BASED AUDIT PADA SIKLUS PENGELUARAN STUDI KASUS PADA PT. PJB SERVICES

Abstract

Purchase transaction in the expenditure cycles has an important role for the sustainability of entity, because from this activity a company start their lifecycle. This research has been carried out by using qualitative method and it is aimed to find out how Risk Audit is conducted at PT PJB Services, also how risk mitigation contained in the expenditure cycle, particulary in purchasing transaction. The risk based audit has been carried out, so that the risks within the company can be analyzed and managed properly before it occurs. The results of the research shows that source of the risk source is in the lack of system, procedures, and communication therefore when a problem occurs, it will influence the company perfomance, the security of company assets and the reliability of financial statements. So that recommendations can be given to overcome these problems: build systems, establish better procedures, and improve the effectiveness of communication.
Keywords : expenditure cycles, purchase transactions, risk based audit