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Group Five Indonesia

2021 Audit Proposal

Semestama Kopi

Group Five Indonesia
Jl. Jend. Sudirman Kav. 29-31,
Jakarta 12920
Mr. Kim Anderson
President Director
M +62813 1234 51100
E Anderson_Kim@gmail.com
Semestama Kopi
Jln. Jenderal Sudirman No. 21, Bendungan Hilir,
Tanah Abang
Jakarta Selatan, 10110. 15 April 2021
Proposal for audit the Company's statement of financial position (balance sheet)
Dear Mr. Kim Anderson,
Thank you for the opportunity to propose and provide Semestama Kopi (“the
Company”or “you”) with KAP Group Five Indonesia (referred to herein as “we”).
We understand that Semestama Kopi need our assistance to perform Company's
statement of financial position (balance sheet). We are extremely keen to work with you
on this engagement and helping you in regards with your needs.
Enclosed with this proposal, please find our proposed scope of work for audit the
Company's statement of financial position (balance sheet). Our professional has
extensive experience in providing audit the Company's statement of financial position
(balance sheet) from various business sector. I trust the enclosed information meets
your requirements but if you have any further questions or thoughts, please do not
hesitate to contact me directly.
I very much look forward to the possibility of working with you on this engagement, and
further discussing your requirements to refine our approach and start our work.
Yours faithfully,
Group Five Indonesia
Mr. Anjas Hutagalung
Director
 Group Five Indonesia
Content
Slide
4 •Our Team

5 •Introduction - Our understanding of your needs

6 •Why Us ?

7-8 •Scope of work & Fees

9 - 10 •Our Proposed Approach - Workflow

11
•Our Credentials - List of our happy client

12 •Contact Info
Our Team Group Five Indonesia

GROUP 5
 INTRODUCTION - Our understanding of your needs
Group Five Indonesia

Confidence: Feel confident in your financial reporting through a high quality audit that is tailored to your
business and sector and is focused on identifying risk
 deliver high-quality, reliable and relevant reporting enabled by Group Five Indonesia Canvas - our state-of-the-art global on-line audit
platform that supports our teams to stay focused on your risks
 gain a clearer view and understanding of your risks, brought to you by our teams using Group Five Indonesia Helix - our suite of data
analytics
 safeguard your reputation and increase the confidence of investors, market and regulators as you make decisions based on risk-focused
information, provided by our consistent global audit
 trust in our dedicated team to deliver a high quality audit, bringing you professional skepticism, expertise and experience

Transparency: Gain on-demand visibility into your company's audit through our transparent audit approach
 receive real-time global updates on the status of the audit and improved means of communication, delivered through one on-line platform,
Group Five Indonesia Canvas
 get a clearer view of your global audit and identified risks, delivered by all teams using one consistent methodology and one on-line audit
platform
 deal with issues and avoid surprises through timely information enabled by greater visibility into your audit

Perspective: See your business from a different perspective and anticipate and respond to trends, opportunities
and risks through insights obtained throughout the audit
 leverage the strength of Group Five Indonesia's global networks to help you anticipate trends, identify the implications and develop a
response
 gain meaningful insights into your business - delivered by our teams using Group Five Indonesia Helix - our suite of data analytics o
understand business improvement opportunities identified through our benchmarking capabilities, expertise and constructive challenge
 receive insights and perspectives on matters such as corporate culture, sustainability and corporate governance to help to shape your
reporting and business for the future
 Why us?
Your expectations - what's important to You
 Global coordination - one coordinated, global team
executing one global audit, using one technology platform;
innovative and efficient approach; visibility into business units;
doing things right the first time
 Communication with management and the Audit Committee -
engaged, collaborative, transparent, timely with appropriate
escalation protocols, bottom line up front
 Technical consultation - transparent process with Semestama
Kopi at the table; effective decision making
 Insights to make you smarter - deliver insights through the
audit and perspectives beyond the audit; help you navigate
new financial reporting standards and regulatory change
Group Five Indonesia
At the heart of the Group Five Indonesia audit is a relentless
focus on quality The Group Five Indonesia audit is focused on
quality and is bound by a service approach that is connected,
responsive and insightful.
 Connected - bringing all of Group Five Indonesia to our clients,
with the right people in the right locations, building trust and
enriching relationships
 Responsive - having every person in Group Five Indonesia
demonstrate the desire and commitment to be proactive,
visible and timely
 Insightful - sharing Group Five Indonesia experiences and a
point of view tailored to our clients, thereby advancing their
thinking
 Scope of work & Fees Group Five Indonesia
General Scope of Work & Fees

1. We will audit the Company's statement of financial

position (balance sheet), prepared in accordance
with Indonesian Financial Accounting Standards (the
“financial statements").
2. The financial statements are presented in both
English and Bahasa Indonesia. Upon completion of
our audit, we will provide you with our audit report
(five copies) on these financial statements.
3. The objective of an audit is to express an opinion
on the financial statements and will be conducted in
accordance with the Standards on Auditing
established by the Indonesian Institute of Certified
Public Accountants (“.Indonesian Auditing
Standards").
4. The procedures selected depend on the auditors’
judgment, including the assessment of the risks of
material misstatement of the financial statements,
whether due to fraud or error but not for the purpose
of expressing an opinion on the effectiveness of the
Company’s internal control.
5. An audit also includes evaluating the
appropriateness of the accounting policies used and
the reasonableness of accounting estimates made
by management, as well as evaluating the overall
presentation of the financial statements.
6. In addition, scope of our engagement to includes
audit the reporting packages of the Company for
Group reporting purposes for the year ending 31
 General Scope of Work continued
Responses to Risks and Conclude Our Audit
 Conclude Our Audit
 Responses to Risks
 This phase consists of perform overall review for audit
 As a response to our understanding of the risk, we then process to ensure that all audit procedures has been
design the audit programs which will focus on summarizing performed based on the plan and all significant issues
our combined risk assessments of the key business discovered in field work has been completed. Furthermore,
processes and customizing further audit solutions with the it is to express an opinion for financial statements and
Company, to cover any residual audit risks not covered in other reports that have been agreed, as well as evaluation
the previous process. for our performance in comparison with service level that
has been agreed. The report for our performance will be
released as the result of client satisfaction evaluation.
 For one-off transactions such as business acquisitions or
disposals we perform additional substantive procedures.
 The tool used to measure client satisfaction, which will
We also perform general audit procedures necessary to
comply with Standards on Auditing established by IICPA, assess the satisfaction of the Company with our work
such as requesting lawyers' letters or sending customer qualities will be stated in Client Satisfaction
confirmations. We also complete all required internal Questionnaires. This questionnaire is designed for the
quality checks such as financial statement disclosure Company, and is delivered once a year as a form of
checklists. communication between the Company with Group Five
Indonesia. The respond will be done separately and data
analysis will be done separately by partner that is not
 Our detailed approach will be developed based on our involved in audit.
understanding of the risks, business processes and
analysis made using our analysis tools.
Our Proposed Approach - Workflow
Group Five Indonesia
Appointment of
auditors

Plan the audit

Planning stage
Understand client

Risk assesment

Yes No
Assess
internal
controls as
Test of control effective ?

Evidence
Internal
controls are No Report control gathering
effective weakness to client
stage
Yes
Less substantive More substantive
procedures procedures

Overall review of
financial statements
(Balance sheet)
Completion
Audit report
stage
Our Proposed Approach - continued
 Our Credentials Group Five Indonesia
List of our happy client
 Group Five Indonesia

Contact Info

Kantor Akuntan Publik Group Five Indonesia

Jl. Jend. Sudirman Kav. 29-31, Jakarta 12920 - Indonesia,
T: +62 215212900, F:+ 62 2152905550/ 52905051,
www.groupfiveindonesia.com
 
Nomor lain Usaha: KEP-111/KM.1/2012.