BPK Presents Audit Results Of The IMO Fiscal Year 2021 and 2022
LONDON, BPK Public Relations – As the external auditor for the International Maritime Organization (IMO) period of 2020-2023, the Audit Board of the Republic of Indonesia (BPK) presented financial audit reports and performance audit report of the IMO fiscal year 2021 and 2022 at the IMO Assembly Session, the 33rd Session of IMO Assembly Meeting, at the IMO headquarters in London, United Kingdom, on Monday (4/12).
On this opportunity, Board Member I of BPK Nyoman Adhi Suryadnyana, accompanied by Secretary General of BPK Bahtiar Arif as person-in-charge of the IMO’s audit, stated that the financial statements of the IMO fiscal year 2021 and 2022 were presented fairly in all material respects, in accordance with International Public Sector Accounting Standards (IPSAS).
Board Member I also appreciated the IMO for effectively planning an integrated technical cooperation program and developing initiatives to prevent fraud in ship registration, as well as addressing the issue of seafarer abandonment.
However, Board Member I urged the IMO to make improvements, including enhancing the implementation of results-based management, asset management, optimizing the use of information technology in the financial reporting process, and improving human resource management.
Furthermore, the IMO should evaluate the current working practices and working relationships of the IMO ship identification scheme in order to take appropriate action based on the evaluation results to improve the governance of the scheme.
In terms of completion of BPK’s recommendations, Board Member I appreciated the management for actively following up on BPK recommendations. Since 2016, the IMO has completed 74% of the total previous audit recommendations. According to him, this demonstrated the IMO's positive response and commitment to enhancing the quality of its governance and management.
On behalf of BPK, Board Member I expressed gratitude to the assembly for the opportunity given and hoped that BPK, as an external auditor, could collaborate with member states in supporting the achievement of the organization's goals in its assignment as the IMO external auditor for the next period, namely 2024-2027.