Creswell,J.W.(2013).QualitativeInquiryandResearchDesign:ChoosingAmongFive Approaches(3rded.).SagePublications. References https://databoks.katadata.co.id/datapublish/2023/10/13/kontribusi-usaha-mikro-ri-untuk-pdb- hampir-menyamakan-perusahaan-besar#:~:text=Meminjam%20data%20Kementerian%20Ko perasi%20dan,sekira%2097%25%20tenaga%20kerja%20lokal. https://kadence.com/en-us/what-makes-indonesia-an-emerging-market-for-foreign-brands/#:~ :text=USD%2020.2%20billion.-,The%20Indonesian%20government%27s%20policy%2C%2 0abundant%20natural%20resources%2C%20and%20young%20labor,over%20the%20past% 20half%2Dcentury. https://link.springer.com/article/10.1007/s11142-022-09738-5#:~:text=Our%20evidence%20s uggests%20that%20in,interval%20of%207%25%2D14%25. https://databoks.katadata.co.id/datapublish/2018/10/29/berapa-pejabatpegawai-swasta-yang-t erlibat-kasus-korupsi https://www.gao.gov/products/gao-15-593sp https://pcaobus.org/news-events/news-releases/news-release-detail/pcaob-report-audits-with- deficiencies-rose-for-second-year-in-a-row-to-40-in-2022 https://ycpsolidiance.com/article/indonesia-sme-growth-2022 https://kadin.id/data-dan-statistik/umkm-indonesia/ 5.4Appendices TheInterview Rafa:HiTasia,thankyouforjoiningmetoday.I'dliketodiscussyourapproachtoauditing retailcompanies.Couldyoudescribehowyouauditaretailcompany'sinventory. Tasia:HelloRafa,I'mgladtobehere.Forauditingretailinventory,weconductcyclecount testing,NRVtesting,andtracecounttesting.Wealsoconfirmstocklevelswiththirdparties iftheinventoryismanagedexternally. Rafa:Interesting,andhowdoyouevaluatetheeffectivenessofaretailcompany’sinternal controls,especiallythoserelatedtocashhandlingandrevenuerecognition. Tasia:Weperformdailyreconciliationscomparingcashreceiptsin-storetosystemrecords, andthecashreceiptsfrombankstothesystemrecords.Wesetathresholdfordiscrepancies toensurethatrevenueisrecognizedwhencashisactuallyreceived. Rafa:Thatsoundsthorough.Whatarethemajorchallengesyoufacewhenauditingsalesand revenueinmodernretailenvironments,suchasonlinestoresandphysicalstores. Tasia:Themainchallengeisdealingwithbulkpaymentsfrombanks,whichrepresent multiplesalestransactions.Ensuringtheexistenceofsalesisdifficultwhenweonlyhave bulkreceiptsandindividualsalesreceiptsfromcashiers. Rafa:Couldyouprovideexamplesofhowyouhandlesignificantfindingsinrevenue auditing. Tasia:Sure,inmodernretailauditing,wemanagehightransactionvolumesandensuredata accuracyacrossdifferentsalesplatforms.Ourfocusisonpreciselyrecognizingrevenueand maintainingrobustcontrolsforcashhandlingandfrauddetection.Theseeffortsarealigned withthedailyreconciliationsImentionedearlier. Rafa:Doyouthinktheauditingprocessiscompletelyfoolproof,oraretherelimitationsthat affectitsreliability. Tasia:Therearedefinitelylimitationsthataffectthereliabilityoftheauditingprocess.No systemiscompletelyfoolproof;there'salwaysaneedforcontinuousimprovementand adaptationtonewchallenges. Rafa:CouldyoutellmemoreabouttheSOPitself.