CORPORATE FINANCIAL SECTOR MANAGEMENT AUDIT STUDY AT PT PEGADAIAN (PERSERO) SAMARINDA BRANCH

CORPORATE FINANCIAL SECTOR MANAGEMENT AUDIT

Abstract

Every company aims to gain profits and strengthen the continuity/existence of the company.  One of the efforts is to carry out audit management. Audit management aims to provide a report to management from the audit findings of the management control system. The financial function of a company can be used as a tool in the decision-making process. The research aims to determine and analyze the effectiveness of implementing management audits on the financial function at PT Pegadaian (Persero) Samarinda Branch. The research was carried out from September to November 2023 at PT Pegadaian (Persero) Samarinda Branch, East Kalimantan Province, Indonesia.  Data collection was carried out through fieldwork research and library research. Data analysis is used to determine and evaluate the financial function through several stages, namely preliminary audit, review, and testing of management controls, detailed audit, and reporting.  The research results show that (1) internal supervision does not carry out sudden supervision and monitoring. As a result, activities within the company are less monitored and therefore less effective; (2) the company does not rotate employees in the cashier department. Which results in a big opportunity to commit fraud; and (3) there is no regular meeting schedule between the finance/accounting department and the company leadership. As a result, leaders do not know the financial position each month.