The Internal Audit Unit has a function that carries out independent and objective assurance and consultation activities aimed to increase the value and improve the Company’s operations through a systematic approach by evaluating and improving the effectiveness of risk management, controlling and corporate governance processes undertaken by the Company in conducting its business activities.
The Internal Audit Unit as an important organ in the Company ensures the achievement of the Company’s objectives as stated in the Company’s Business Plan, in addition to being directed to oversee the Company’s risk assets and implementing risk-based supervision, it is also expected to function as early warning signals for the Board of Directors, especially in securing company assets, as well as increasing the adequacy and effectiveness of internal controls. Increasing the role and function of the audit is carried out through more strategic recommendations in the management of operational activities and risk assets.
Legal Basis for Establishing Internal Audit
The Internal Audit Unit was established on the basis of the following:
- Approval of the Board of Directors the Charter of Internal Audit dated February 25, 2020.
- Regulation of the Financial Services Authority No. 56/POJK.04/2015 dated 29 December, 2015 on the Establishment and Guidelines for the Preparation of the Charter of the Internal Audit Unit (“POJK No. 56/2015”),
Structure and Position of the Internal Audit Unit
The Internal Audit Unit is headed by the Head of Internal Audit who appointed and discharged by President Director and upon approval by the Board of Commissioners. The Internal Audit Communicate directly with the Board of Directors, the Board of Commissioners and / or the Audit Committee.
The Head of Internal Audit oversees four (4) auditors who structurally responsible directly to the President Director and functionally coordinated to the Audit Committee. Internal Audit has unlimited access to all activities, functions, records, property and human resources of the Company.
Profile of the Head of The Internal Audit Unit
Internal Audit Charter
In carrying out its duties, Internal Audit has an Internal Audit Charter which was approved and ratified by the President Director and President Commissioner on February 25, 2020. The Audit Charter is used as a guide in carrying out its duties, which contains the vision, mission, objectives, code of ethics, structure and position, independence, accountability and regulates the work relationship between Internal Audit and Management, the Audit Committee and the External Auditor.
|INTERNAL AUDIT CHARTER|