PT.

GENCAR SEMARAK PERKASA

Subtantive Test - Cash and Cash Equivalent
31-Dec-22
TABLE OF CONTENTS
K-1 Lead Schedule K-5 Physical Count
K-3 Analytical Procedure K-9 Checking Transfer Bank
K-4 Bank Reconciliation K-11 Reporting Purposes Only
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Client : PT. GENCAR SEMARAK PERKASA Prepared by Date Index

Period Ended : 31-Dec-22 Jan 13, 2024
Reviewed by Date
Audit Area : Lead Schedule "Kas dan Setara Kas" SBR

Account Final prior year Per ledger this year Adjustment Reclassification
W/P Reff Description Adjusted balance Final balance
Code 31-Dec-21 31-Dec-22 Dr. Cr. Dr. Cr.
n d
Cash
101-01 Cash on hand 7,000,000 14,500,000 14,500,000 14,500,000
K-5 101-02 Petty Cash 2,250,000 2,258,000 2,258,000 2,258,000
Total 9,250,000 16,758,000 - - 16,758,000 - - 16,758,000
k k k k k k k k
Bank

Rupiah :
K-4 102-01 Bank IBK 157,000,000 100,102,150 - 100,102,150 100,102,150
K-4 102-02 Bank Indo 20,695,350 29,060,625 29,060,625 29,060,625
K-4 102-03 Bank May 99,000,000 131,500,000 131,500,000 131,500,000
102-04 Bank TBN 201,000,000 190,500,000 190,500,000 190,500,000
Total 477,695,350 451,162,775 - - 451,162,775 - - 451,162,775
k k k k k k k k
486,945,350 467,920,775 ### - - - 467,920,775 ### - ### - 467,920,775
k k k k k k k k

Standard Tickmark :
n : Agreed To Prior Year Workpapers
d : Traced to General Ledger
k : Footing
k : Grand Footing
j : Cross footed

Purpose :
To ensure that cash in bank are already exist and properly recorded.

Procedure:
1 Performed analytical procedure (See K-3)
2 Compared balance per book with bank statement per December 31, 2022 (See K-4)
3 Performed bank confirmation (See K-8)
4 Performed check transfer near period end between bank accounts (See K-9)
5 Perform presentation for reporting purposes only (See K-11)

Nature of Account: Cash and Cash Equivalent divided into Cash (Petty Cash) and Bank (Giro Account and Valas Produktif Saving Account)
Cash in Bank
1. Bank UOB Buana
IDR : This account used for received payment from local customer, transfer fund into UOB Buana USD (Valas), Bank Mandiri, and Bank Panin and paid most of expense in this company.
USD : This account used for received payment from customer (USD) and payment to supplier (USD) and transaction export impor.
 2. Bank Mandiri
IDR : This account used for payment water and electricity expense every month.

2. Bank Panin
IDR : Previous year, this account used for received payment from local customer, but for this year. This account did not have transaction except bank interest and administration expense.

Nature of Journal:
Cash on hand or Bank Receipts :
Bank xxx -
Sales/Account Receivable - xxx
(to record cash on hand or bank receipt)

Cash on hand or Bank Disbursement :

Account Payable / other payable xxx -
Bank - xxx
(to record cash on hand or bank disbursement)

Assertions:
1 Existence - that amounts in this bank have been properly exist.
2 Completeness - that amounts in this bank have been properly presented fairly.
3 Valuation Net - that amounts in this bank have been properly recorded in the right amount (valid).
4 Presentation and Disclosure - that amounts in this bank have been properly classify, presented and disclose fairly.

Conclusion :
We are satisfied that cash and bank has presented fairly in all material aspect.
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Client : PT GENCAR SEMARAK PERKASA Prepared by Date Index

March 23, 2023
Period Ended : 31 Desember 2022
Audit Area : Analytical Procedure - Cash and Cash Equivalent Reviewed by Date

Balance Balance
Increase/Decrease
W/P Reff Acc No Description Per Book Per Book Notes
31 Desember 2021 31 Desember 2022 Rp %
n d
Cash
101-01 Cash on hand 7,000,000 14,500,000 7,500,000 107%
K-5 101-02 Petty Cash 2,250,000 2,258,000 8,000 0%
TOTAL CASH 9,250,000 16,758,000 7,508,000 81%
k k k
Bank
Rupiah :
K-4 102-01 Bank IBK 157,000,000 100,102,150 (56,897,850) -36%
K-4 102-02 Bank Indo 20,695,350 29,060,625 8,365,275 40%
K-4 102-03 Bank May 99,000,000 131,500,000 32,500,000 33% A
102-04 Bank TBN 201,000,000 - 190,500,000 - -
TOTAL BANK 477,695,350 260,662,775 174,467,425 37%
TOTAL CASH & CASH EQUIVALENT 486,945,350 277,420,775 181,975,425 1 -
k k k

Standard Tickmarks:
n : Agreed To Prior Year Workpapers
d : Traced to General Ledger
k : Footing

Purpose : Menganalisis kenaikan atau penurunan kas dan bank Perseroan dan mempertimbangkan dampaknya terhadap laporan keuangan.

Procedure: Kami melakukan analisis review analitis dengan kriteria sebagai berikut :
1 Periksa persentase kenaikan/penurunan yang lebih besar dari 10% (Berdasarkan audit );
2 Periksa jumlah signifikan yang lebih tinggi dari toleransi kesalahan Rp. 176.487.000; Dan
3 Periksa barang-barang yang tidak biasa dan/atau berdasarkan penilaian profesional.

Analyze :
A&B Secara umum kas dan setara kas mengalami peningkatan sebesar Rp1.801.004.918 atau 223% jika dibandingkan saldo auditan pada 31 Desember 2021.
Ada beberapa faktor yang mempunyai fluktuasi yang signifikan, yaitu :
1 Terjadi peningkatan penjualan lokal dan ekspor dibandingkan tahun sebelumnya sebesar Rp 2.539.117.053 atau 5%.
2 Terjadi penurunan Harga Pokok Penjualan jika dibandingkan dengan tahun sebelumnya sebesar Rp 2.169.157.033 atau 4%, hal ini disebabkan
oleh adanya penurunan harga pembelian benang dan bahan lainnya dengan interval 4-25% terutama disebabkan oleh apresiasi Rupiah terhadap
Dolar AS.
3 terjadi penurunan Harga Pokok Penjualan jika dibandingkan dengan tahun sebelumnya sebesar Rp 2.169.157.033 atau 4%, hal ini disebabkan oleh
adanya penurunan harga pembelian benang dan bahan lainnya dengan interval 4-25% terutama disebabkan oleh apresiasi Rupiah Dolar terhadap
AS.

Peningkatan kas dan setara kas terjadi dengan grafik sebagai berikut :

Kas dan setara kas

486,945,350

500,000,000
450,000,000
400,000,000
350,000,000 277,420,775 2009

Amount
300,000,000 2010

250,000,000
200,000,000
150,000,000
100,000,000
50,000,000
-

Conclusion: We have performed analytical review cash and cash equivalent based on inquiry with Mr I Made Wirata as Accounting and Finance manager for
significant increase / decrease account. Based on inquiry, we conclusion that analytical review of "Kas & Setara Kas" have have presented fairly in all
material aspect.
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Client : PT GENCAR SEMARAK PERKASA Prepared by Date Index

Period Ended : 31 Desember 2022 March 23, 2023

Audit Area : Bank Reconciliation Reviewed by Date

Assertions : Valuation Net - that amounts in this bank have been properly recorded in the right amount (valid).

Balance Balance Bank

Acc
W/P Reff Description Per Book Per Book W/P Reff Statement Difference
Name
31 Desember 2021 31 Desember 2022 31 Desember 2022

Rupiah : n d a
102-01 Bank IBK 157,000,000.00 100,102,150.00 125,102,150.00 25,000,000.00
102-02 Bank Indo 20,695,350.00 29,060,625.00 29,060,625.00 -
K - 10.1 102-03 Bank May 99,000,000.00 131,500,000.00 K - 10.1 131,806,750.00 306,750.00
102-04 Bank TBN 201,000,000.00 190,500,000.00 190,500,000.00 -
TOTAL BANK 276,695,350.00 260,662,775.00 476,469,525.00 25,306,750.00
k k k k

Standard Tickmarks:
n : Agreed To Prior Year Workpapers
d : Traced to General Ledger
a : Traced to Bank Statements
k : Footing

Purpose : To ensure that amount per Book and Bank Statement are correctly

Procedure : Perform review and compare bank account between bank statement and general ledger as of December 31, 2010

Notes : Banks statement is obtain minimal dated 10 each month.

Findings There is difference for account Bank UOB Buana in IDR amounted IDR 156.676.657,40, for the detailed please see K-10.1 at Hard Copy.

Conclusion "Cash in Bank transaction, account, and changes therein have been properly exist, valid, recorded, and presented fairly".
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Client : PT GENCAR SEMARAK PERKASA Prepared By Date Index

Period Ended : 31 Desember 2022 TM 3/18/2023
Audit Area : Physical Count
Reviewed By Date K-5
RAS

REGISTERED PUBLIC ACCOUNTANTS

BERITA ACARA PEMERIKSAAN UANG KAS KECIL

NAMA PERUSAHAAN : PT. GENCAR SEMARAK PERKASA

DILAKUKAN PADA TANGGAL: 31 Desember 2022 DARI JAM 08.00 S/D 09.00
PEMEGANG KAS : TRINITA

A. SISA UANG KAS MENURUT BUKU KAS PADA TGL 31 December 2012 Rp 2,258,000.00

1 SISA MENURUT BUKU KAS (FOL)

2 MUTASI DARI TGL, S/D
JUMLAH DEBET Rp -
JUMLAH KREDIT Rp - Rp -

3 SISA BUKU KAS PADA TGL Rp 2,258,000.00

4 PEMASUKAN UANG YANG BELUM DIBUKUKAN :
s/d Rp

Rp -
5 PENGELUARAN UANG YANG BELUM DIBUKUKAN :

JUMLAH SISA UANG KAS MENURUT BUKU Rp 2,258,000.00

B. UANG DALAM KAS

1 UANG TUNAI
a. UANG KERTAS
10 LEMBAR @ Rp 100,000 = Rp 1,000,000.00
20 LEMBAR @ Rp 50,000 = 1,000,000.00
5 LEMBAR @ Rp 20,000 = 100,000.00
10 LEMBAR @ Rp 10,000 = 100,000.00
10 LEMBAR @ Rp 5,000 = 50,000.00
4 LEMBAR @ Rp 2,000 = 8,000.00
LEMBAR @ Rp 1,000 = -
Rp 2,258,000

B. UANG LOGAM
KOIN @ Rp 1,000 = Rp
KOIN @ Rp 500 = -
KOIN @ Rp 200 = -
Rp -

2 SURAT BERHARGA (SECURITIES)

Rp

Rp -

3 LAIN-LAIN (BON-BON YANG BELUM DIPERHITUNGKAN)

Rp

Rp -

JUMLAH UANG DALAM KAS Rp 2,258,000

C. SELISIH UANG KAS KELEBIHAN Rp -

KEKURANGAN

DIBUAT DAN DIPERIKSA :

A/N SABAR & REKAN KASIR MENGETAHUI DAN MENYETUJUI

REGISTERED PUBLIC ACCOUNTANTS

SIGNED SIGNED SIGNED

(Done) (Done) (Done)

(TAUFIK MULYADI) (Trinita) (Agus)

Workdone & Conclusion :

We have audited for cash on hand with physical count for cash on hand
And we conclude that physical count for cash on hand have been record with fairly and amount of cash on hand was exist.
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Client : PT GENCAR SEMARAK PERKASA

Period Ended : 31 Desember 2021
Audit Area : Physical Count

REGISTERED PUBLIC ACCOUNTANTS

BERITA ACARA PEMERIKSAAN UANG KAS BESAR

NAMA PERUSAHAAN : PT. GENCAR SEMARAK PERKASA

DILAKUKAN PADA TANGGAL: 31 Desember 2022
PEMEGANG KAS : TRINITA

A. SISA UANG KAS MENURUT BUKU KAS PADA TGL 31

1 SISA MENURUT BUKU KAS (FOL)

2 MUTASI DARI TGL, S/D
JUMLAH DEBET Rp -
JUMLAH KREDIT Rp -

3 SISA BUKU KAS PADA TGL

4 PEMASUKAN UANG YANG BELUM DIBUKUKAN :
s/d Rp

5 PENGELUARAN UANG YANG BELUM DIBUKUKAN :

Rp

JUMLAH SISA UANG KAS MENURUT BUKU

B. UANG DALAM KAS

1 UANG TUNAI
a. UANG KERTAS
52 LEMBAR @ Rp 100,000 = Rp
120 LEMBAR @ Rp 50,000 =
50 LEMBAR @ Rp 20,000 =
200 LEMBAR @ Rp 10,000 =
50 LEMBAR @ Rp 5,000 =
20 LEMBAR @ Rp 2,000 =
10 LEMBAR @ Rp 1,000 =
 B. UANG LOGAM
KOIN @ Rp 1,000 = Rp
KOIN @ Rp 500 =
KOIN @ Rp 200 =
KOIN @ Rp 100 =

2 SURAT BERHARGA (SECURITIES)

Rp

3 LAIN-LAIN (BON-BON YANG BELUM DIPERHITUNGKAN)

Rp

JUMLAH UANG DALAM KAS

C. SELISIH UANG KAS KELEBIHAN Rp -

KEKURANGAN

DIBUAT DAN DIPERIKSA :

A/N SABAR & REKAN KASIR

REGISTERED PUBLIC ACCOUNTANTS

SIGNED SIGNED
(Done) (Done)

(TAUFIK MULYADI) (Trinita)

Workdone & Conclusion :

We have audited for cash on hand with physical count for cash on hand
And we conclude that physical count for cash on hand have been record with fairly and amount of cash on hand was e
 Prepared By Date Index
TM 3/18/2023

Reviewed By Date K-5

RAS

ANG KAS BESAR

DARI JAM 08.00 S/D 09.00

December 2012 Rp 14,500,000.00

Rp -

Rp 14,500,000.00

Rp -

Rp -

Rp 14,500,000.00

5,200,000.00
6,000,000.00
1,000,000.00
2,000,000.00
250,000.00
40,000.00
10,000.00
Rp 14,500,000
 -
-
-
-
Rp -

Rp -

Rp -

Rp 14,500,000

MENGETAHUI DAN MENYETUJUI

SIGNED
(Done)

(Agus)

ly and amount of cash on hand was exist.

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Client : PT GENCAR SEMARAK PERKASA

Prepared by Date Index
Period ended : 31 Desember 2022 Mar 18, 2023
Audit area : Checking Transfer Bank
Reviewed by Date
Asersi : Completeness - that amounts in this bank have been
properly presented fairly.

FLOWCHART CASH IN BANK

Cash From Sales (Revenue)

Transfer to

Dated Account Name Descriptions Transfer from and to Amount Received in same period
a
o
o

Source:
Bank Statement for December 31, 2010.

Standard Tickmarks :
a : Agreed with Bank Statement
o : Received in same period

Purpose :
To ensure that cash in bank are already exist and properly recorded fairly

Workdone:
1. Take source data from bank statement as of December 31, 2010.
2. Check transfer near period end between bank accounts
3. Analyze if any transfer near period end between bank account were recorded in the same period.
Notes :
The Company used exchange rate refer to Middle Rate BI
Exchange Rate per December 31, 2010 are :
1 USD = Rp 8.991

Conclusion :
We satisfied that amount in this bank have been properly exist, valid, recorded and presented fairly
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Client : PT GENCAR SEMARAK PERKASA Prepared by Date Index

Mar 18, 2023
Period ended : 31 Desember 2022
Audit area : Reporting Purposes Only Reviewed by Date
Assertions : Presentation and Disclosure - that amounts in this bank
have been properly classify, presented and disclose fairly.

31-Dec-22 31-Dec-21
Rp Rp
n

Kas 16,758,000 9,250,000

Bank :
Rupiah
Bank IBK 100,102,150 157,000,000
Bank Indo 29,060,625 20,695,350
Bank May 131,500,000 99,000,000
Bank TBN 190,500,000 201,000,000
Jumlah kas dan setara kas 467,920,775 486,945,350
k k

Standard Tickmarks :
n : Agreed with Audit Report Prior year
k : Footed