Internal Audit

01-Mar-2016 Corporate Governance

To comply with Bapepam - LK No.IX.I.7, the company already have an Internal Audit Unit and established an Internal Audit Charter which has been approved by the Board of Commissioners.

The function of this department are:

  1. Becoming an independent appraiser who plays help Directors in securing investment and asset Company effective from the accounting and auditing;
  2. Conduct analysis and evaluation of the effectiveness of the system and procedures at all of its activities and functions of supporters;
  3. Coordinate with the Audit Committee and auditors so that the smoothness of the external audit process can be achieved.

The duties and responsibilities of this department are as the following:

  1. Accessing all relevant information, conduct direct communication with the Board of Directors and the Board of Commissioners, as well as the Audit Committee with the knowledge of Commissioners;
  2. Conducting regular meetings and incidental to the Directors, Board of Commissioners, as well as the Audit Committee;
  3. To coordinate its activities with the activities of the external auditor;
  4. Develop and implement proposed changes to the Internal Audit Charter;
  5. Perform verification and reliability testing of the information obtained, in relation to assessment effectiveness of the audit system;
  6. Assess and analyze the activity of the Company, but has no discretion in the implementation and responsibility for activities that are reviewed / audited;
  7. Chief Internal Audit can allocate resources power, focus, scope, schedule auditors, and application of audit techniques to achieve the audit objectives, clarify and discuss the results of the audit, requested response to oral / written on audite, giving suggestions and recommendations.