Operational Audits of Inventories and Fixed Assets

Meiryani, Chelsea Joscelind, Andreas Chang, Dedeh Maryani

2021

Abstract

Operational audit has an important role in identifying areas of potential and occurring problems within the company. The purpose of these studies is to find out whether the policies and procedures related to inventory and fixed assets management have been running effectively and efficiently, identify weaknesses that occur in inventory and fixed assets management and provide recommendations on the results of the examinations. The method used in this research is a descriptive method. Data collection techniques conducted by researchers is in the form of literature and field studies through interviews, observations, questionnaires and collecting documents from relevant data. The researchers found that PT. MND does not have a detailed written SOP in managing its assets and lacks policies and procedures on purchasing. The researchers also obtained several findings. Therefore, researchers provide several recommendations to anticipate the problem such as creation of fixed assets management procedures, improvement of inventory management procedures and improvement of inventory and fixed assets control carried out by PT. MND.

Paper Citation

in Harvard Style

Meiryani., Joscelind C., Chang A. and Maryani D. (2021). Operational Audits of Inventories and Fixed Assets. In Proceedings of the 2nd International Conference on Recent Innovations - Volume 1: ICRI, ISBN 978-989-758-602-6, pages 178-186. DOI: 10.5220/0011242600003376

in Bibtex Style

@conference{icri21,
author={Meiryani and Chelsea Joscelind and Andreas Chang and Dedeh Maryani},
title={Operational Audits of Inventories and Fixed Assets},
booktitle={Proceedings of the 2nd International Conference on Recent Innovations - Volume 1: ICRI,},
year={2021},
pages={178-186},
publisher={SciTePress},
organization={INSTICC},
doi={10.5220/0011242600003376},
isbn={978-989-758-602-6},
}

in EndNote Style

TY - CONF

JO - Proceedings of the 2nd International Conference on Recent Innovations - Volume 1: ICRI,
TI - Operational Audits of Inventories and Fixed Assets
SN - 978-989-758-602-6
AU - Meiryani.
AU - Joscelind C.
AU - Chang A.
AU - Maryani D.
PY - 2021
SP - 178
EP - 186
DO - 10.5220/0011242600003376