{"id":4548,"date":"2025-12-04T15:40:36","date_gmt":"2025-12-04T08:40:36","guid":{"rendered":"https:\/\/audithink.com\/?p=4548"},"modified":"2026-10-13T13:03:21","modified_gmt":"2026-10-13T06:03:21","slug":"corporate-audit","status":"publish","type":"post","link":"https:\/\/audithink.com\/en\/blog\/audit-perusahaan\/","title":{"rendered":"Corporate Audit: types, benefits, and options of Indonesian KAP"},"content":{"rendered":"

A corporate audit is an independent and objective examination of a company's activities, reports, or systems. The party performing it can be internal auditors<\/a><\/strong>, a public accountant at a public accounting firm (KAP), or the tax authority, depending on the purpose.<\/p>\n\n\n\n

An audit of financial statements by a public accountant aims to increase the confidence of users of the financial statements through an opinion on the fairness of their presentation. That assurance is reasonable, not absolute. Internal audit aims to help the company improve governance, risk management, and control. The results of the the audit process<\/a><\/strong> are used by management, directors, the board of commissioners, shareholders, or regulators to improve processes and make decisions.<\/p>\n\n\n\n

What Is A Company Audit?<\/h2>\n\n\n\n

An audit can be one way to see the financial condition of a company. This is because in the audit process, an auditor examines, matches, and analyzes the company's financial statements.<\/p>\n\n\n\n

In a financial statement audit, the auditor expresses an opinion on whether the financial statements are prepared, in all material respects, in accordance with the applicable financial reporting framework. In an internal audit, the auditor provides assurance and consulting to improve the effectiveness of risk management, control, and governance.<\/p>\n\n\n\n

So, a corporate audit is the process of data collection and evaluation by an independent party of the economic activities of an organization or company. Independent here means objective and free from the influence of the party being examined. Internal auditors are independent in terms of their position in the organization, while external auditors are independent as outside parties.<\/p>\n\n\n\n

Who Conducts a Corporate Audit?<\/h2>\n\n\n\n

A corporate audit is carried out by three groups, depending on the purpose of the audit.<\/p>\n\n\n\n

Perpetrators<\/th>Focus<\/th>Basis<\/th><\/tr><\/thead>
Internal auditors (employees of the internal audit unit, external service providers, or both)<\/td>Effectiveness of risk management, control, and governance; operational efficiency<\/td>POJK 56\/POJK.04\/2015 and the 2024 Global Internal Audit Standards<\/td><\/tr>
Public accountants at a KAP<\/td>An opinion on the fairness of financial statements<\/td>Law 5\/2011 Article 3 and SA 200<\/td><\/tr>
Tax authority (DGT)<\/td>Compliance with tax obligations<\/td>Articles 25 and 29 paragraph (1) of the KUP Law<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Assurance services such as audits of historical financial information can only be provided by licensed public accountants. Learn more at external audit<\/a>, external auditor profession<\/a>, tax audit<\/a>, and differences between internal and external audit<\/a>.<\/p>\n\n\n\n

What Are the Audit Divisions Within a Company?<\/h2>\n\n\n\n

The internal audit unit examines various areas. Under POJK 56\/POJK.04\/2015, the duties of the internal audit unit at issuers and public companies cover examining and assessing efficiency and effectiveness in finance, accounting, operations, human resources, marketing, information technology, and other activities. Examples of areas that are often discussed separately:<\/p>\n\n\n\n