Perhitungan Materialitas

Dasar perhitungan: 5% x Earning Before Tax

Income before taxes per Books (2003) 418,585

Materialitas Awal (MA) 5% x EBT = 20,929

Performance Materiality (PM) 75% x MA = 15,697

Accounts Balance (2003) Balance (2002)

Cash-Big City National Bank 846,541 513,617

Cash-Second National Bank 36,968 5,918
Petty cash 500 420
Accounts receivable 212,705 139,504
Allowance for bad debts (19,919) (11,889)
Inventory 719,647 873,766
Miscellaneous receivables
Prepaid insurance 38,636 35,336
Prepaid rent 1,250 5,000
office supplies inventory 9,964 8,657
Small tools inventory 6,541 7,162
Investment in securities 223,033 474,518
Allow. for unreal gain/loss 6,473 6,473
Long-term investments 0 0
Land 82,250 82,250
Buildings 276,263 276,263
Accum. depreciation-buildings (74,625) (65,416)
Machinery and equipment 1,006,045 540,845
Accum. depreciation-mach. & equip. (189,848) (160,866)
Automotive equipment 99,425 99,425
Accum. depreciation-auto. equip. (77,654) (52,798)
Office furniture & fixtures 114,833 106,433
Accum. depreciation-off. furn. & fix. (43,113) (37,581)
Total assets 3,275,915 2,847,037

LIABILITIES:
Accounts payable 135,550 223,161
Accrued payroll taxes 86,253 113,846
Wages and salaries payable 0 81,239
Accrued property taxes 21,988 14,113
Accrued interest 15,833 10,625
Dividends payable 23,125 17,575
Federal income tax payable 25,000 63,772
Notes payable-short term 0 125,000
Lease obligation-short term
Total current liabilities 307,749 649,331

Notes payable-long term 475,000 0

Lease obligation-long term 0
Total liabilities 782,749 649,331

Notes: Risk Level, dilihat dari saldo akun dan perubahannya dari t
% Applied, H: 10% , M:150% , L:20%
ng Before Tax Alasan menggunakan basis Laba Sebelum Pajak (5%): Karena
perusahaan dalam kondisi stabil, ditandai dengan adanya laba yang
diperoleh selama dua tahun berturut-turut.

dibulatkan menjadi 21,000

Selisih Change (%) Risk Level % Applied Tolerable Misstatement

332,924 64.82% H 10% 2,100

31,050 524.67% H 10% 2,100
80 19.05% L 20% 4,200
73,201 52.47% H 10% 2,100
(8,030) 67.54% M 15% 3,150
(154,119) -17.64% H 10% 2,100

3,300 9.34% L 20% 4,200

(3,750) -75.00% L 20% 4,200
1,307 15.10% L 20% 4,200
(621) -8.67% L 20% 4,200
(251,485) -53.00% H 10% 2,100
0 0.00% L 20% 4,200
0 L 20% 4,200
0 0.00% L 20% 4,200
0 0.00% L 20% 4,200
(9,209) 14.08% L 20% 4,200
465,200 86.01% H 10% 2,100
(28,982) 18.02% M 15% 3,150
0 0.00% L 20% 4,200
(24,856) 47.08% M 15% 3,150
8,400 7.89% L 20% 4,200
(5,532) 14.72% L 20% 4,200
428,878 15.06%

(87,611) -39.26% H 10% 2,100

(27,593) -24.24% L 20% 4,200
(81,239) -100.00% L 20% 4,200
7,875 55.80% L 20% 4,200
5,208 49.02% L 20% 4,200
5,550 31.58% L 20% 4,200
 (38,772) -60.80% L 20% 4,200
(125,000) -100.00% L 20% 4,200

(341,582) -52.61%

475,000 M 15% 3,150

133,418 20.55%

o akun dan perubahannya dari tahun 2002 ke 2003

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