Identify LKPM requirements from the actual project status and applicable rules rather than assuming one rule fits all businesses.
Identify LKPM requirements from the actual project status and applicable rules rather than assuming one rule fits all businesses.
Compare investment entries with evidence of actual expenditure, payments and project progress.
Check the effect of correcting one period on the consistency of later reports.
General guide; verify current requirements with competent authorities before relying on it.
Key issues and supporting evidence
These checkpoints identify the specific evidence and questions that matter for this topic.
Identify LKPM requirements from the actual project status and applicable rules rather than assuming one rule fits all businesses.
Compare investment entries with evidence of actual expenditure, payments and project progress.
Check the effect of correcting one period on the consistency of later reports.
Before entering a reporting period, reconcile investment spending with the underlying accounting records, the relevant licensed activities and project locations. Separate realised investment from forecasts or targets, and investigate material differences before submitting figures in OSS.
Before relying on a requirement, review the current regulation, its schedules and any product-specific provisions.
We cannot guarantee permit approvals, which are decided by the relevant authorities.
