INDEPENDENT AUDITOR’S REPORT
Report No. KKSPJ/004-OA/X/2017
Board of Governing
Pusat Telaah dan Informasi Regional (PATTIRO)
Auditing report for financial statements
We have audited the financial statement of budget and the expenditure of Pusat Telaah dan Informasi Regional (PATTIRO) for “An Advance and Applied Research of Village Law Annotation: Promoting Accountability of Village Law Implementation Through lCT-Based Forum and Feedback Loop Mechanism” Project between PATTIRO and Institute of Development Studied for the period of October 1, 2015 – February 28, 2017, the statement of profit or loss, statement of changes in equity, and statement of cash flows for the year then ended, and a summary of significant accounting policies and other explanatory information.
Management’s Responsibility for the Financial Statements
Management of Pusat Telaah dan Informasi Regional (PATTlRO) is responsible for the preparation and fair presentation of these financial statements and the expenditure in accordance with Indonesian Financial Accounting Standards and for such internal control as management determines is necessary to enable the preparation of the financial statements that are free from material misstatement, whether due to fraud or error.
Our responsibility is to express an opinion on this financial statement and the expenditure based on our audit. We conducted our audit in accordance with Standards on Auditing established by the Indonesian Institute of Certified Public Accountants. Those standards require that we comply with ethical requirements and plan and perform the audit to obtain reasonable assurm1ce about whether the financial statements arc free from material misstateme1it.
An audit involves performing procedures to obtain audit evidence about the amount and disclosures in the financial statement and the expenditure. The procedures selected depend on the auditor’s judgement, including the assessment of the risks of material misstatement of the financial statements, whether due to fraud or error. In making those risk assessments, the auditors consider internal control relevant to the entity’s preparation of the financial statements in order to design audit procedures that are appropriate in the circumstances, but not for the purpose of expressing an opinion on the effectiveness of the entity’s internal control. And audit also includes evaluating the appropriateness of accounting policies used and the reasonableness of accounting estimates made by management, as well as evaluating the overall presentation of the financial statement and the expenditure.
We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our audit opinion.
In our opinion the accompanying financial statement and the expenditure of the program present fairly in all material respects, the financial position of Pusat Telaah dan Informasi Regional (PATTIRO) for the period of October 1, 2015 – February 28, 2017 and their financial performance and cash flows for the period, in accordance with Indonesian Financial Accounting Standards.