Audit Report of PT Global Mediacom Tbk

WIJAYANTI HARUN

EKO BUDI HARTO

A.JUMADIL AKBAR

NURUL MUKHLISA

WAHYU FADHYLLAH

Definition of Auditing

According to Alvin A. Arens:

Auditing is the accumulation and evaluation of evidence about information to determine and report on the degree of correspondence between the information and established criteria

According to Whittington, O.Rey

Auditing is an examination of a company’s financial statements by a firm of independend public accountans.

Definition of Auditor Report

Auditor Report Is a report that stating the inspection has been carried out in accordance with the norm of accountants examination.

Standard Auditor Report

1. Title of Report
2. Address of Report
3. Introductory Paragraph
4. Scope Paragraph
5. Opinion Paragraph
6. Name of KAP
7. Signature and KAP License number
8. Date of Report

Types of Opinion

1. Unqualified Opinion
2. Unqualified Opinion with Explanatory Language
3. Qualified Opinion
4. Adverse Opinion
5. Disclaimer Opinion

Overview of PT Global Mediacom Tbk

A. Sector              : Trade, Service, and Investment

B. Business Line:

1. Content and Advertising based media
2. Subscriber-based media
3. Media support and infrastructure

C. Total Employees         : 7.646

Board of Director

1. President Director/CEO MNC Group:

Ø   Hary Tanoesoedibjo

2. Director:

Ø   Indra Prastomiyono

Ø   M. Budi Rustanto

Ø   Handhianto S. Kentjono

Subsidiaries of PT Global Mediacom Tbk

Ø  PT Media Nusantara Citra Tbk (MNC)

Ø  PT Rajawali Citra Televisi Indonesia (RCTI)

Ø  PT Global Informasi Bermutu (Global TV)

Ø  PT Cipta Televisi Pendidikan Indonesia (MNCTV)

Ø  PT Media Nusantara Informasi

Ø  PT MNC Sky Vision

Audit Report of
PT Global Mediacom Tbk

UNQUALIFIED OPINION

Reason:

1. Sufficient evidence can be found by auditor
2. All subsidiaries were audited by other Independent auditor with Unqualified Opinion.
3. The Consolidated financial statement in accordance with accounting principles in Indonesia

What is the impact?

•  That company predict still exist in the future even more growing

•  Can increase volume of company’s stock trading and price of stock

Conclusion

1. The consolidated financial statement of PT Global Mediacom Tbk have been prepared in accordance with accounting principle
2. PT Global Mediacom Tbk get Unqualified Opinion from Independend Auditor

Suggestion

Suggested to PT Global Mediacom to consistent present their financial statement in accordance with general accepted accounting principle.