In ensuring the integrity of the Financial Statements to the Shareholders, the Company used the services of an independent external auditor. The selection of the external auditor is the responsibility of the Audit Committee based on the Audit Committee Charter, which regulates the process of selection and appointment of the external auditor, as well as related provisions that must be complied with legality, competence and independence of public accountants applicable in Indonesia.
In the Annual General Meeting of Shareholders of the Fiscal Year 2019 which was held in Jakarta on July 24, 2020, the Company's shareholders approved the public accounting firm Purwantono, Sungkoro & Surja (member firm of the Ernst & Young Global Limited with the global networks in Indonesia) to carry out the Audit on the Consolidated Financial Statements of the Company for the Financial Year 2020 and and/or other audit as deemed required by the Company.
The Shareholders were also granted the authority and power to the Board of Directors to determine the honorarium and other terms and conditions of the appointment of such public accountant firms.
This appointment is the sixth period of the public accountant firm Purwantono, Sungkoro & Surja. The appointment of such a firm has fulfilled the requirements of FSA Regulation Number 13/POJK.03/2017 regarding the Use of Service of Public Accountant and Public Accountant Firm in Financial Services Activity.