UNIT INTERNAL AUDIT

Based on a Charter of Internal Audit Unit No. 003/PGK-DIR/VII/2018 dated 10th July 2018, Internal Audit is an activity grant of conviction (assurance) and consulting that is independent and objective, which was created to increase value and improve the operations of the company.

The internal audit Unit is a unit of work in the public company Issuers or running the Internal Audit function.

The activity of the Internal Audit Unit to help the company achieve the goal through a systematic and controlled approach to evaluate and improve the effectiveness of risk management and internal control.

 

The requirements of the auditor who is sitting in the activity of the Internal Audit Unit

  • Have integrity and professional conduct, independent, honest and objective in the performance of his duties;

  • have the knowledge and experience of the technical audits and other disciplines that are relevant to the field of duty;

  • have the knowledge about the laws and regulations on capital market and other related legislation;

  • have the proficiencty to interact and communicate with either oral or written effectively;

  • comply with standards released by the profession of Internal Audit;

  • maintaining the confidentiality of the information and/or data related to the company's implementation of the duties and responsibilities of the Internal Audit unless required by laws and regulations or the determination/court rulings;

  • Understanding the principles of risk management;

  • Increase the knowledge, skills and abilities of profesionalisme constantly.

 

Structure, status and Accountability Internal Audit Unit Activity

  • Internal audit unit headed by a chief,internal audit internal, audit unit consisting of one adapted to the internal auditors for levels of complexity and business activities or public utilities, hence acting as internal audit and the internal audit unit head.

  • Unit head internal audit appointed and terminated by President Director with approval from the board of commissioners.

 

Duties and responsibilities of the Internal Audit Unit Activity

  • Develop and implement annual activities of the internal audit unit based on priority risks in accordance with the objectives of the company;

  • Testing and evaluating the implementation of the internal control and risk management systems in accordance with company policy;

  • Perform an examination and assessment of efficiency and effectiveness in the areas of finance, accounting, operations, human resources, marketing, information technology and other activities;

  • Give advice on improvements and objective information about the activities that are checked at all levels of management;

  • Reporting on audit results and submit these reports to the President Director and Board of Commissioners;

  • Monitor, analyse and report on the implementation of the follow-up to the improvements that have been suggested;

  • Works closely with the Audit Committee; 

  • Draft programme to evaluate the quality of the internal audit activity is doing; and 

  • Special checks where necessary.

 

The Purpose Activity Of The Internal Audit Unit

The activity of the Internal Audit Unit to help the company achieve the goal through a systematic and controlled approach to evaluate and improve the effectiveness of risk management and internal control.

 

Performance of Internal Audit

In 2020, Internal Audit has audited the following :

  • Conduct periodic inspections of the Company's financial statements.

  • Conduct periodic inspections of the Company's internal implementation.