Based on the Internal Audit Charter No. 003/PGK-DIR/VII/2018 dated 10 July 2018, Internal Audit is an Independent and objective assurance and consulting activity designed to increase value and improve company operations. An internal Audit Unit is a work unit within an Issuer or Public Company that carries out the Internal Audit Function.

The activities of the Internal Audit Unit help the company achieve its objectives through a systematic and controlled approach to evaluate and improve the effective.

Based on the Board of Directors' Decree on the Appointment of Internal Audit No. 014/PGK-DIR/XII/2021 dated December 27, 2021, Ms. Cipta Indriati was appointed as the Company's Internal Auditor.

 

Requirements for auditors who sit in the Internal Audit Unit Activities

• Have intergrity and professional, independent, honest and objective behavior in carrying out their duties;

• Have knowledge and experience regarding technical auditing and other disciplines relevant to their field of work;

• Have knowledge of the laws and regulations in the capital market and other related laws and regulations;

• Have the skills to interact and communicate both verbally and in writing effectively;

• Comply with professional standards issued by the Internal Audit Association;

• Comply with the internal audit code of ethics;

• Maintain the confidently of information and/or company data related to the responsibilities of the Internal Audit unless required by laws and regulations or court decisions/decision;

• 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 inn 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.