audit committee

Audit Committee

The Audit Committee and Corporate Governance Policy have the duty to assist the Board of Commissioners in actualizing the system and implementation of competent and independent supervision in the Company, including but not limited to the following:

  1. Assist the Board of Commissioners to ensure and conduct an analysis of the internal control system effectiveness and the implementation effectiveness as well as the external and internal auditor;
  2. Conduct an assessment of activities and the results of the audit carried out by the internal audit function / Internal Audit Unit and external auditor;
  3. Provide recommendations regarding refinement of management control systems;
  4. Ensure that there are satisfactory procedures for all of the information released by the Company;
  5. Arrange the Audit Committee Charter and Corporate Governance Policy and update them from time to time in accordance with the business development and the Company needs; and
  6. Review, periodically reviewing the principles and requirements of applicable Corporate Governance in the Company and ensure that the principles and requirements are still relevant and have been fully implemented in the Company.

Audit Committee of the Company’s duties and responsibilities:

According to the provisions contained in the Audit Committee Charter, the Company's Audit Committee carries out the following duties and responsibilities:

  1. Reviewing the financial information that will be released by the Company to public and / or authorities, including financial statements, projections, and other reports related to the Company's financial information
  2. Reviewing the Company's obedience with the laws and regulations in the Capital Market sector and laws and regulations as well as other provisions relating to the Company's business activities
  3. Provide independent opinion in terms of disagreements between management and accountants for provided services
  4. Provide recommendations to the Board of Commissioners regarding the appointment of the Public Accountant Office, which is based on independency, scope of assignment, and service fee
  5. Reviewing the implementation of the audit by the internal auditor and supervising the follow-up actions by the Board of Directors on the findings of the internal auditor
  6. Reviewing the risk management implementation activities carried out by the Board of Directors, if the Company does not have a risk monitoring function under the Board of Commissioners
  7. Review and report to the Board of Commissioners on complaints related to the accounting process and Company’s financial reporting
  8. Review and provide advice to the Board of Commissioners regarding the potential conflict of Company’s interest
  9. Maintain the confidentiality of the Company's documents, data and information

Audit Committee of the Company’s Authority:

In addition, to support the effective implementation of its duties and responsibilities, the Audit Committee has the authority to:

  1. Accessing Company's documents, data and information about employees, funds, assets, and Company resources needed
  2. Able to communicate directly with employees, including the Board of Directors and parties who carry out the functions of internal audit, risk management, and accountants regarding the duties and responsibilities of the Audit Committee
  3. If needed, it can involve independent parties outside the Audit Committee members who are needed to assist in the implementation of their duties
  4. Perform other authorities granted by the Board of Commissioners

Audit Committee Structure

Structurally, the Audit Committee is directly responsible to the Board of Commissioners. The Audit Committee is led by a Chairman who also remains the Company's Independent Commissioner.

The following is the composition of the Company's Audit Committee and its profile:

audit committee

Gilarsi W. Setijono


Indonesian citizen. He has served as an Independent Commissioner of the Company since 2021. Currently he is the Co-Founder several technology initiatives especially in the field of Artificial Intelligence, Transport & IOT (2020-present). Previously served as CEO of PT. Pos Indonesia (Persero) (2015-2020), CEO of Adyawinsa Automotive, Indonesia (2012-2015), Chairman of Shafco* Group of Companies (Shafira Corporations) (2012-2015), CEO of Shafira Group of Companies, Indonesia (2008-2012), Managing Director of PSi Technologies Inc. in Manila, Philippines (1999-2009). He holds a Bachelor degree of Chemical Engineering from Bandung Institute of Technology, 1987.



Indonesian citizens. Served as Commissioner of PT MAS Konsultindo Aditama, Yogyakarta since 2020. Currently, he has served as Branch Manager, KAP Mahsun, Nurdiono, Kukuh & Rekan, Surakarta since 2019-present. previously served as Head of the Department of Accounting & Finance (July 1998-December 2004), Senior Auditor, Public Accounting Firm Soegeng, Junaidi, Chaerul & Rekan, Surabaya Branch (January 2005-December 2005), Finance Manager, PT. Loka Refractories Wira Jatim, Surabaya (January 2006-August 2010), Teaching staff audit practicum, Department of Economics & Business, Gadjah Mada University Vocational School (August 2013-July 2014), Audit Manager, KAP Budiman, Wawan, Pamudji & Partners, Surabaya Branch (September 2010-January 2017), KAP Budiman, Wawan, Pamudji & Rekan, Surabaya branch (February 2018-June 2019), KAP Mahsun Partners, Nurdiono, Kukuh & Rekan, Jakarta (August 2019-October 2019). Received a Diploma 3 in Accounting at Gadjah Mada University, Yogyakarta in 1989, Obtained a Bachelor's degree in Accounting from Brawijaya University, Malang in 1994.

komite audit sap express

audit committee

Faiz Zamzami


Indonesian citizens. Served as a Lecturer in the UGM Vocational School Accounting Study Program in 2021. Currently, he is a Member of the Audit Committee of PT Eastpark Hotel Tbk (2020-present). Currently serving as Chair of the Accounting and Business Development Laboratory, DEB SV UGM (1 September 2018-present), Previously served as Internal Auditor at the UGM Internal Audit Unit (2005-2014), Auditor at the UGM Audit Committee and the Risk Management Compilation Team (2014-2018), Secretary Deputy Director for Research, Community Service, Cooperation and Alumni (1 February-31 December 2015), Chair of the Accounting Information Systems Laboratory (13 March 2013-2016), Special Staff of the Deputy Chancellor for Information Systems and Finance (2012 (1 year)), Acting Deputy Dean for Finance, Assets and Human Resources, UGM Vocational School (5 December 2015-June 2018). He holds a Bachelor of Economics at Gadjah Mada University.

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