Charter of Unit Internal Audit

As a public listed company, PT Bayan Resources Tbk has attempted to apply GCG principles by establishing Internal Audit Department, a support function in providing assurance and consulting activity designed to add value and improve the Company’s operations.

 

The Internal Audit Department is intended to enhance The Company’s management by promoting effective internal control, risk management and corporate governance. 

 

The Internal Audit Department is lead by the Head of Internal Audit. The Head of Internal Audit is responsible and accountable to the President Director. The personnel of Internal Audit Department report to the Head of Internal Audit. The forming of structure and code of ethic of Internal Audit Department is referred to the International Standards for the Professional Practice of Internal Auditing (Standards) issued by Institute of Internal Audit (The IIA).

 

According to the Regulations, role and responsibility of Internal Audit Department is stated in the Internal Auditor charter established by President Director after obtaining the Board of Commissioners’ approval.