The Company's Audit Committee has a Board Manual or Audit Committee Charter which was updated and last ratified on November 13, 2023 based on the Decree of the Board of Directors Number SK.02.01/A.KOM.WG.07670/2023. This guideline is prepared in harmony and synergy with the Financial Services Authority Regulation No. 55/POJK.04/2015 concerning the Establishment and Guidelines for the Implementation of the Audit Committee, as well as the Regulation of the Minister of State-Owned Enterprises (BUMN) Number PER-3/ MBU/03/2023 stipulated on March 20, 2023 concerning Organs and Human Capital in BUMN.
In carrying out its duties, the Company's Audit Committee is also guided by the Board Manual, which was updated and last ratified on September 11, 2023. This guideline provides an operational basis in accordance with the principles of good corporate governance.
In 2024, the Company's Audit Committee consists of a number of members selected based on their qualifications, expertise, and relevant experience in finance and auditing. The composition and composition of the Audit Committee members are carefully arranged to support the implementation of the supervisory function of financial statements, compliance with prevailing regulations, and the effectiveness of the Company's internal control system. This is undertaken in accordance with the principles of Good Corporate Governance which are the basis of the Company's operations.
The Audit Committee was established by considering the diversity of expertise in various fields, including accounting, auditing, and corporate governance, to ensure that supervision of financial reporting, internal audits, and external audits is carried out independently and objectively. The appointment of Audit Committee members is carried out through a transparent selection process, taking into account the competence, integrity, and strategic contributions that can be provided by each member.
Audit Committee Composition
Name | Position | Information | Expertise | Term of Office |
---|---|---|---|---|
Joseph Prajogo | Chairman of the Audit Committee and concurrently served as member | Independent Commissioner |
|
March 13 to December 2024 |
Taufan Gestoro | Member of the Audit Committee | Independent Commissioner |
|
March 13 to December 2024 |
Darawati | Member of the Audit Committee | Independent Party |
|
March 13 to December 2024 |
The Company provides a competency improvement program for members of the Audit Committee, which aims to improve the committee's ability to carry out its supervisory function over the management of the Company by the Board of Directors. This program aims to make the Audit Committee more effective in carrying out its roles and responsibilities, in line with changes in regulations and the implementation of best practices in the industry.
In 2025, the Audit Committee's activities will be divided into two main categories, namely Routine Activities and Non-Routine Activities.
The planned Routine Activities of the Audit Committee include:
Non-Routine Activities of the Audit Committee comprise: