The BPK and Russian Auditors Sat Down to Look for Possible Cooperation
MOSCOW – Indonesia and Russia want a closer friendship in many sectors. In order to know more about their respective audit systems and financial management, the delegates of the Audit Board of the Republic of Indonesia (BPK) visited their partners in Russia, the Account of Chamber of the Russian Federation (ACH). The BPK’s delegates was headed by the Chairman, Harry Azhar Azis, accompanied by a Principal Auditor and three staffs.
The official visit aims at tightening the cooperation between the two institutions through the hold of a seminar to further understand each primary tasks and function, as well as to look for any possible cooperations in the future. Two agendas discussed in the seminar were the audit of the state finance management in the oil and gas sectors and the financial audit of the public debt.
During the two-day seminar (7/27-28), as released by the Indonesian Embassy in Moscow, each country presented materials on the supervisory sector or the audit on the above mentioned topics. The russian participants presented such materials as the performance of the oil and gas sectors in 2010-2014 and the target in 2015, the state revenue from the oil and gas sectors as stated in the State Revenue and Expense Budget, the state program named “Energy Efficiency and Development”, and the profit sharing agreement and the project implementer. Meanwhile, Indonesian delegates explained the BPK’s roles and responsibilities and the financial audit system in the up- and downstream sectors.
In the seminar on the public debt, the russian delegates presented the debt structure of the Russian Federation and the Russian Federal Constituent debt, targets and state audit materials from the public debt of the Russian Federation, forms and types of the state audits, the legal basis of the public debt audit, the state audit standard and its stages. Indonesian delegates, on the other hand, explained the position of Indonesia’s debt, the public debt audit, the debt management for the fiscal sustainablility, lesson learned derived from the Working Group of the Financial Modernization and Regulatory Reform (WGF MRR), and the next public debt audit plan.
In the discussion session, both sides discussed the auditing systems conducted by the central and regional governments, the financial audit on the foreign investment sector, the financial supervision in the investment’s profit sharing, types of audits, and the audit period in a year.
The BPK and the ACH utilized the seminars to exchange information and experiences. Both witnessed many similarities in their primary tasks and functions, especially the ultimate purposes of the supervision and audit of the state finance management for the prosperity of the society.
Rakyat Merdeka Online