Internal Audit

Based on the Decree of the Board of Directors No. R/011/BBS/B.a/2020 dated January 31, 2022 concerning the Appointment of the Internal Audit Unit, the Company has formed an Internal Audit Unit. The Company has appointed Shabrina Wulandari Sanusi as Head of the Company’s Internal Audit Unit in accordance with POJK No. 56/2015.

In addition, the Company has established an Internal Audit Unit Charter which was stipulated by the President Director of the Company on 19 August 2020 which regulates the duties, responsibilities and authorities of the Company's Internal Audit Unit as follows:

Duties and Responsibilities of the Internal Audit Unit include:
1. Develop and implement an annual Internal Audit plan.
2. Test and evaluate the implementation of internal control and risk management system in accordance with company policy.
3. Examining and assessing the efficiency and effectiveness of finance, accounting, operation, human resources, marketing, information technology, and other activities.
4. provide suggestions for improvements and objective information about the activities examined at all levels of management.
5. Prepare an audit report and submit the report to the President Director and the Board of Commissioners.
6. Monitor, analyze, and report on the implementation of the recommended improvements.
7. Cooperating with the Audit Committee.
8. Develop a program to evaluate the quality of the internal audit activities it performs.
9. Conduct special examinations if necessary.
The Internal Audit Unit's powers are as follows:
1. Access all relevant information about the company related to its duties and functions.
2. Communicate directly with the Board of Directors, Board of Commissioners, and/or the Audit Committee.
3. Hold regular and incidental meetings with the Board of Directors, the Board of Commissioners, and/or the Audit Committee.
4. Coordinating activities with the activities of external auditors.
5. Request or get assistance from internal company employees or from parties outside the company if necessary, in the context of carrying out their duties.
The scope of work of the Internal Audit Unit is as follows:
1. Ensuring that the internal control system is adequate, works efficiently, and economically and function effectively in achieving the desired goals and objectives.
2. Evaluating compliance with applicable laws and regulations and company policies and procedures as well as recommendations for improvement thereof.
3. Evaluating the reliability/reliability and integrity of financial information and operational information.
4. Assess the adequacy of the means to safeguard and protect the company's assets.
5. Carry out special assignments from the Board of Directors and/ or Commissioners and/ or the Audit Committee that are relevant to the scope of work mentioned above such as investigations and disclosures of irregularities, fraud, and waste.
6. Prepare an assurance report and recommendations for improvement.
7. Identify any potential cost savings and make recommendations in an effort to improve cost efficiency.