Internal Audit

Internal Audit Unit (IAU)

Internal Audit

The function of internal audit in the company is carried out by the Internal Audit Unit (Satuan Pengawasan Intern or IAU), which is appointed by and reports to the President Director with the knowledge of the Board of Commissioners. SPI is a working unit that performs internal control/supervision functions to assist management and other units in achieving the implementation of tasks and responsibilities.

Internal Audit Unit (IAU)

Authority

The provided text outlines various functions and responsibilities of the Internal Audit Unit (Satuan Pengawasan Intern or SPI). Here is the translation:
  1. Have full, unrestricted access to documents, records, personnel, and physical assets of the company throughout all company units to obtain data and information related to the performance of audit tasks, including subsidiaries and affiliated companies.
  2. Directly communicate with the Board of Directors, including the Audit Committee.
  3. Conduct regular and incidental meetings with the Board of Directors and/or the Audit Committee.
  4. Coordinate activities with external auditors.
  5. Develop, modify, and implement the SPI Charter, including determining audit procedures and scope.
  6. Evaluate the reliability of information generated by the work unit and the effectiveness of existing policies, systems, and control procedures.
  7. Verify and test the reliability of obtained information in connection with assessing the effectiveness of the audit system.
  8. Assess and analyze the company’s activities but do not have authority in the implementation and responsibility for the activities being reviewed/audited.
  9. Allocate auditor resources, determine auditees, set audit objectives, scope, and schedule, apply audit techniques deemed necessary to achieve audit goals, clarify and discuss audit results, request oral/written responses from auditees, provide advice and recommendations.
  10. Seek assistance from other work units or external professionals in the conduct of audits when deemed necessary.
  11. Coordinate with other leaders and, if requested by leaders, issue warnings or reprimands in the event of deviations.
  12. Recommend SPI staff for promotion, rotation, participation in education, training, seminars, and courses related to the smooth execution of audit tasks or to meet the competencies of staff/auditors as required and in accordance with the career ladder established by the company.
Internal Audit Unit (IAU)

Duties and Responsibilities

In general, the responsibility of the Internal Audit Unit (SPI) is to provide analysis, assessment, recommendations, consultation, and information regarding the audited/evaluated activities. These activities are carried out in accordance with Audit Standards, Internal Audit Professional Standards, and the Code of Ethics for Internal Auditors. This responsibility also includes coordinating the implementation of audits conducted by other auditors, ensuring that the goals of the company and the audit objectives of all parties are achieved.