Sunday, December 21, 2008

Based on the benchmark price of fuel MOPS It Right

The use of MOPS (Mean of Plats Singapore) by the Indonesian government to determine the price of benchmark price of Fuel Oil (BBM) in the country is right, this is not based on the conditions of the market price in the country so that the necessary reference price of the nearest market (border price). 

However disclosed Head of Law and Legislation Directorate General of Oil and Gas, Susyanto respond to the notification, which questioned why the government chose as the basic price of MOPS benchmark price of fuel in the country. He also said that the use of the MOPS price is relatively in line with the price index published other institutions (the International Energy Administration) and several other countries. 

See more: here

Saturday, December 6, 2008

Businesses criticize cooking oil VAT cut

Businesses gave a cold response to a government plan to waive value-added tax (VAT) on up to 50,000 liters of unbranded packaged cooking oil each year, dismissing the amount as "too small" for the subsidy. 

The amount eligible for the subsidy was peanuts compared to the 80 million liters of unbranded cooking oil used each month by households and industry, Indonesian Vegetable Oil Producers Association (Gimni) executive director Sahat Sinaga said on Friday. 

"Ideally, the government should waive the VAT on 50,000 tons of unbranded cooking oil per month if it really wants to reduce burdens on the community," Sahat said. 

The government plans to waive VAT on several categories of goods including unbranded packaged cooking oil, to help keep prices in check, Trade Minister Mari Elka Pangestu said recently. 

At present, unbranded cooking oils sell for between Rp 9,000 (75 US cents) and Rp 10,000 per kilogram. 

"*Packaged* unbranded cooking oils eligible for the VAT cut are sold at traditional markets for prices within consumers' reach," Mari told members of House Commission VI (which oversees industry, trade, state-owned enterprises, cooperatives and small and medium enterprises). 

The government plans to phase out sales of unpackaged cooking oils, which it hopes to replace with packaged unbranded cooking oils, Trade Ministry domestic trade director general Subagyo said recently. 

"In future, we hope, unbranded packaged cooking oils will be slightly more expensive than unbranded unpackaged cooking oils, but cheaper than branded cooking oils," Subagyo said. 

The unbranded packaged cooking oils the government plans to promote would be labeled Minyak Goreng Sawit or MGS (palm oil for cooking), Subagyo added. 

In a bid to stabilize cooking oil prices, Sahat said, state logistics firm Bulog was working with businesses to market unbranded packaged cooking oils. 

MGS cooking oil would be sold in 500-milliliter, 1-liter, 5-liter and 18-liter packages, said Indonesian Cooking Oil Industry Association chairman Adiwisoko Kasman (also involved in the marketing venture). 

"We are now processing licenses with BPOM *Food and Drug Food Monitoring Agency* and MUI *Indonesian Ulema Council*, prior to the launch scheduled for January 2009," Adiwisoko said.
source: Mustaqim Adamrah, , The Jakarta Post, , Jakarta | Sat, 12/06/2008 11:40 AM | Business 

Tuesday, November 11, 2008

Microsoft Security Assessment Tool 4.0

in 2004 and the Microsoft Security Assessment Tool 2.0 released in 2006. Security issues have evolved since 2004 so additional questions and answers were needed to ensure you had a comprehensive toolset to become more aware of the evolving security threat landscape that could impact your organization.

The tool employs a holistic approach to measuring your security posture by covering topics across people, process, and technology. Findings are coupled with prescriptive guidance and recommended mitigation efforts, including links to more information for additional industry guidance. These resources may assist you in keeping you aware of specific tools and methods that can help change the security posture of your IT environment.

There are two assessments that define the Microsoft Security Assessment Tool:
Business Risk Profile Assessment
Defense in Depth Assessment (UPDATED)

The questions identified in the survey portion of the tool and the associated answers are derived from commonly accepted best practices around security, both general and specific. The questions and the recommendations that the tool offers are based on standards such as ISO 17799 and NIST-800.x, as well as recommendations and prescriptive guidance from Microsoft’s Trustworthy Computing Group and additional security resources valued in the industry.

After completing an Assessment, you will gain access to a detailed report of your results. You may also compare your results with those of your peers (by industry and company size), provided that you upload your results anonymously to the secure MSAT Web server. When you upload your data the application will simultaneously retrieve the most recent data available. To be able to provide this comparative data, we need customers such as you to upload their information. All information is kept strictly confidential and no personally identifiable information whatsoever will be sent. For more information on Microsoft’s privacy policy, please visit: http://www.microsoft.com/info/privacy.mspx.

Download the MSAT at http://www.microsoft.com/downloads/details.aspx?Fa...ang=en

Network Access Protection Design Guide

Network Access Protection (NAP) is one of the most anticipated features of the Windows Server® 2008 operating system. NAP is a new platform that allows network administrators to define specific levels of network access based on a client’s identity, the groups to which the client belongs, and the degree to which the client complies with corporate governance policy. If a client is not compliant, NAP provides a mechanism for automatically bringing the client into compliance (a process known as remediation) and then dynamically increasing its level of network access. NAP is supported by Windows Server 2008, Windows Vista®, and Windows® XP with Service Pack 3 (SP3). NAP includes an application programming interface that developers and vendors can use to integrate their products and leverage this health state validation, access enforcement, and ongoing compliance evaluation.

http://technet.microsoft.com/en-us/library/dd125338.aspx

Friday, October 17, 2008

Glossary of Audit in Bangladesh and Related Terms to Value Property

Glossary of Audit and Related Terms
source: www.cagbd.org/html/perfaudit.html

Accountability: That responsibility to some outside or higher level of Authority by a person or group of persons in an organisation.
Administrative Control System: A series of actions, being an integral part of the internal control system, concerned with administrative procedures needed to make managerial decisions, realise the highest possible economic and administrative efficiency and ensure the implementation of administrative policies, whether related to financial affairs or otherwise.
Audit Code: The Audit Code issued by the Comptroller and Auditor- General of Bangladesh which contains guidance on audit principles and practices to be followed by auditors.
Auditee or Audited Body or Entity: The body, organisation or entity for which the C&AG is responsible for auditing.
Audit Evidence: Information that forms the foundation, which supports the auditor's opinions, conclusions or reports. Sufficient: information that is quantitatively sufficient and appropriate to achieve the auditing results; and is qualitatively impartial such as to inspire confidence and reliability.
Relevant: information that is pertinent to the audit objectives. Reliable: information that is consistent with the facts, i.e. it is valid.
Auditors: Officials of the Bangladesh Audit Department who perform audit work on behalf of the Comptroller and Auditor General. Any audit official involved in planning, conducting, supervising or reporting the audit.
Audit Mandate: The audit responsibilities, powers, discretion and duties conferred on the SAI under the Constitution or other lawful authority of a country.
Audit Objective: A precise statement of what the audit intends to accomplish and/or the question the audit will answer. This may include financial, regularity or performance issues. It will help decision-makers to improve the economy, efficiency and effectiveness of their operations.
Audit Procedures: Tests, instructions and details included in the audit programme to be carried out systematically and reasonably.
Audit Scope: The framework, boundary or limits and subjects of the audit. 
Audit Standards: Audit standards provide minimum guidance for the auditor that helps determine the extent of audit steps and procedures that should be applied to fulfil the audit objective. They are the criteria or yardsticks against which the quality of the audit results are evaluated; the Government Auditing Standards which are issued by the Comptroller and
Auditor General of Bangladesh containing standards with which auditors are required to comply.
Causes: Management or employee action or actions that took place or should have taken place and created a result by not following an appropriate standard.
Conclusions: Conclusions are statements deduced by the auditor from the findings.
Constitutional: A matter that is permitted or authorised by the fundamental
law of the Republic of Bangladesh. 
Cost Benefit: The techniques for determining the product or service of greatest benefit for the least cost.
Criteria: Any standards used for measuring the results caused by the actions of employees or management in any performance audit situation.
Economy: Minimising the cost of resources used for an activity, having regard to the appropriate quality.
Effectiveness: The extent to which objectives are achieved and the relationship between the intended impact and the actual impact of an activity.
Efficiency: The relationship between the output, in terms of goods, services or other results, and the resources used to produce them.
Field Standards: The standards that apply to the planning and examination phases of an audit. These allow the auditor to systematically meet the
requirements for setting the audit objective, choosing suitable criteria, supervising the audit, gathering sufficient, relevant and competent evidence, and making an appropriate study and evaluation of internal controls. 
Findings (or Observations): Findings (observations) are the specific evidence gathered by the auditor to satisfy the audit objectives; the results of an audit on the basis of the evidence obtained.
General Standards: The qualifications and competence, the necessary independence and objectivity, the exercise of due care, and appropriate quality controls, which shall be required of the auditor to carry out the tasks related to the field and reporting standards in a competent, efficient and effective manner.
Independence: The freedom of the SAI in audit matters to act in accordance with its audit mandate without external direction or interference of any kind.
Internal Control: The whole system of financial and other controls, including the organisational structure, methods, procedures and internal audit, established by management within its corporate goals, to assist in conducting the business of the audited entity in a regular economic, efficient and effective manner; ensuring adherence to management policies; safeguarding assets and resources; securing the accuracy and completeness of accounting records; and producing timely and reliable financial and management information.
Internal Rate of Return: The discount rate at which a stream of costs and benefits has a net present value of zero, net present value being the sum of the present values of all benefits less the sum of the present values of all costs.
Management Control: The plan of organisation and all other plans, policies, procedures and practices needed by an entity to assure that the objectives of the entity are achieved.
Materiality: In general terms, a matter may be judged material if knowledge of it would be likely to influence the user of the financial statements or the performance audit report. Materiality is generally considered in terms of value, i.e. the amount of money involved in relation to the whole. The inherent nature or characteristics of an item or group of items may also render a matter material, for example, where the law or some other regulation requires it to be disclosed separately regardless of the amount involved. A matter may also be considered material because of the context in which it occurs, for example, an item in relation to the corresponding amount in previous years. Audit evidence plays an important part in the auditor's decision concerning the selection of materiality issues 
Value for Money or Performance Audit: An objective and systematic review of an organisation to assess whether in the pursuit of predetermined goals it has achieved economy, efficiency and effectiveness in the utilisation