No wonder if nine out of ten KAP gain administrative initiative action of the Ministry of Finance f

Jakarta, 19 April 2001 .Indonesia Corruption Watch (ICW) asked the police to investigate nine public initiative accounting firm, which is based on the report of Finance and Development Supervisory Agency (BPK), is alleged to have colluded with the bank ever audited between 1995-1997. ICW coordinator initiative Teten Masduki told reporters on Thursday, said that based on the findings of BPK, nine out of ten KAP who conduct audits of approximately 36 troubled banks did not perform activities in accordance with auditing standards. initiative
The results of the audit was not in accordance with the fact that as a result the majority of banks are audited among banks suspended business activities by governments around initiative the year 1999. The nine KAP is AI & R, HT & M, H & R, JM & R, PU & R, RY, S & S, SD & R, and RBT & R. "In initiative other words, the ninth KAP has violated professional ethics. Chances are there is collusion between public accounting firm with banks examined to polish its report giving a false report, is clearly a crime, "he said. Therefore, the ICW in the near future will provide a report to the police to conduct inquiries regarding any crime committed public accounting firm with the banks.
ICW suspect, report the results of KAP was not just "human error" or errors in the writing of the financial statements which are not intentional, but there may be a number of irregularities and violations of the attempted covered by accounting engineering. Teten also deplore the Director General of Financial Institutions do not perform administrative actions even though the BPK has submitted its report, because it then ICW took the initiative initiative to expose the BPK's report because it was not a mistake nine KAP light. "We suspect, ninth KAP has violated the standards of the audit so as to produce a report that is misleading the public, for example they give is a healthy bank statements turned out in record time bankrupt. This is detrimental to society. We expect the administrative action of the Ministry of Finance for example revoke the license of public accounting firms, "he initiative said. According tetan, ICW has also been reported that the action of the ninth to the Honorary Council KAP Indonesian Institute initiative of Accountants (IAI) and also requested that ethical action against members initiative who violate the code of professional conduct accountant.
In this case ICW has done the right thing to ask the police to investigate nine public accounting firm, which is based on the report of Finance and Development Supervisory Agency (BPK), is alleged to have colluded with the bank ever audited between 1995-1997. And it turns out that nine out of ten KAP conduct audits of approximately 36 troubled banks did not perform activities in accordance with auditing standards.
No wonder if nine out of ten KAP gain administrative initiative action of the Ministry of Finance for example revoke the license of public accounting firms, because of the possibility of collusion between public accounting firm with banks examined to polish its report giving a false report, is clearly a crime. Also considered deceive many. Due to the audited report is healthy, initiative but in fact at the time stated bangkrupt close. Because of the way that the person or people who become customers of the relevant bank losses. Because not return their money deposited in the bank.
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