The Company established an Internal Audit Charter, which was approved by the Board of Commissioners and ratified by the Company’s Board of Directors on March 15, 2018.

 

In accordance with FSAR No. 56/2015 and pursuant to the Resolution of the Company’s Board of Directors No. 009/SK-DIR/VII/2018 dated July 12, 2018 on the Appointment of Budi Pangestu as the Head of Internal Audit of PT Sarimelati Kencana Tbk., the Company has appointed Budi Pangestu as the Head of of Internal Audit of the Company.

 

The responsibilities of the Internal Audit Unit are as follows:
 
  1. Prepare and implement the annual internal audit plan;
  2. Test and evaluate the implementation of internal control and risk management system in accordance with the Company’s policies;
  3. Audit and review the efficiency and effectiveness of finance, accounting, operation, human resources, marketing, information technology and other activities;
  4. Provide objective recommendations for improvements and information on the audited activities to all levels of management;
  5. Prepare audit reports and submit such reports to the President Director and Board of Commissioners;
  6. Monitor, analyze and report the implementation of follow-up actions for improvement as recommended;
  7. Cooperate with the Audit Committee.