Internal Audit is a function within the Company’s organizational structure with the main task of carrying out internal audit monitoring and consultancy in the form of consultancy, ins- pection, surveillance, investigation, andevaluationofallactivities. Financial and non-financial processes and performance (quality & operational management) as a mandate granted by the President Director. These activities are carried out to ensure that all policies, decisions, procedures, and management controls have been effectively and efficiently implemented following the rules of management that are common and generally accepted, standardized and ethical.

Internal Audit Organizational Structure

The Head of Internal Audit is located and reports directly to the President Director and is appointed and dismissed by the President Director with approval from the Board of Commissioners. The structure of the Company’s Internal Audit Function which is carried out by the Internal Audit Unit is currently formed based on the Directors’ Decree Number: HK.56/28/10/2/MS-19 dated 28 October 2019. The Company’s current Internal Audit structure is as follows :

Head of Internal Audit Profile

Internal Audit Guidelines

Internal Audit has an audit charter or audit charter. The Audit Charter was established by the President Director of the Company on April 7 2020. The contents of the Internal Audit Charter are in accordance with POJK No. 56/2015 concerning the Formation and Guidelines for Preparing an Internal Audit Charter.

Duties and Responsibilities of Internal Audit

Internal Control Activities are part of the corporate governance process that provides guarantees for the internal control system, operational effectiveness and efficiency, compliance with applicable rules and regulations and the accuracy and reliability of reporting.

1. In carrying out its duties and functions, the Internal Audit Unit will play an active role in:
   a. Develop and maintain a culture of accountability and integrity.
   b. Facilitate the integration of Internal Control and Risk Management systems into daily company management activities.
   c. Promoting a culture of work efficiency and effectiveness, independent assessment and compliance with applicable laws and regulations, both internal and external, to realize good corporate governance.
2. The scope of internal supervision includes but is not limited to:
   a. Effectiveness of governance, risk management and internal control.
   b. Evaluation of the performance of company units in achieving predetermined goals and objectives.
3. Internal Monitoring Activities cover the following areas:
   a. Supervision activities with orientation to:
   1)  Ensure that the management control system is adequate, works efficiently and economically and functions effectively in achieving the set goals and objectives.
   2)  Recording, controlling and managing company assets and resources.
   3)  Evaluate compliance with applicable laws and regulations and company policies and procedures.
   4) Evaluate the reliability and integrity of financial information and operational information
   5) Carry out special assignments that are relevant to the scope of Internal Audit work, such as investigating and disclosing irregularities, fraud and waste.b. Consultancy and Assistance Activities
   The Internal Audit Unit can provide consultancy and assistance to company management regarding the implementation of good corporate governance and achieving company goals and objectives.c. Responsibilities of the Internal Audit Unit
   The Internal Audit Unit is responsible for monitoring and providing follow-up assistance to audit results to auditees until completion.