Internal Audit is one of the supporting organs established by the Board of Directors (BOD) to ensure the independent audit and to prevent intervention from the audited activities or work units. Internal Audit is directly under the president director. The Head of Internal Audit is appointed and dismissed by the president director with the approval of the Board of Commissioners (BOC).
Internal Audit is one of the company’s units that functions as the internal control as mandated by the Law Number 11 of 2003 concerning the State Owned Enterprises (SOE) and Regulation of the Minister of SOE (BUMN) Number PER.01/MBU/2011 of 2011 concerning the Implementation of Good Corporate Governance (GCG) in the SOE, which has been updated by the Regulation of the Minister of State for SOE Number PER-09/MBU/2012, July 6, 2012, concerning the Amendments to the Regulation of the State Minister for SOE Number PER 01/MBU/2011 concerning the Implementation of GCG in SOE.
The functions of Internal Audit are as follows: