We have established an Audit Committee based on the The Board of Commissioner Decision Letter No. 001/ COM/X/2013 dated October 1, 2013.The duty of Audit Committee is to assist the Board of Commissioner in performing their supervisory function by giving feedback to the management on the duty in concern. The Audit Committee consists of 3 (three) members, and chaired by an Independent Commissioner with the members of the Independent Commissioner and one person from the independent third party.
The Audit Committee of the Company stands independently, in which two member are Independent Commissioners in accordance with OJK regulations and one member from external party. As part of independence, members of Audit Committee have not been serving as executive officers in external auditor that provide audit services to the Company within the last six months prior to its appointment as a member. Members of the Audit Committee of the Company also did not have financial, management, share ownership and/or family relationships with the Board of Commissioners, Board of Directors, and/or Controlling Shareholders or the Company, which may affect their independence. Other duties are joint analysis with internal and external auditor concerning implementation activities coordination to ensure the thorougness and effective use of resources in concern, established a relationship with the Board of Director, Internal Audit and external auditor separately to discuss the issues requiring special attention.
The duty of Audit Committee is to assist the Board of Commissioners in performing their supervisory function by giving feedback to the management on the duty in concern. Their duty are as follows: