BPK Provides Unqualified Opinion on the Financial Statements of the CTI-CFF Regional Secretariat Fiscal Year 2023
JAKARTA, BPK Public Relations -Secretary General of BPK Bahtiar Arif as auditor in charge submitted audit report on the financial statements of the Regional Secretariat of the International Organization Coral Triangle Initiative on Coral Reefs, Fisheries and Food Security (CTI-CFF) fiscal year 2023. The audit report was received by Executive Director of the CTI-CFF Regional Secretariat Frank Keith Griffin at BPK Head Office in Jakarta on Monday (20/05).
Executive Director of CTI-CFF was accompanied by Deputy Executive Director of Corporate Services Hanung Cahyono, Deputy Executive Director of Program Services Christovel Rotinsulu, and Finance and Operation Manager Reita Kalalo. The audit report submission was also attended by the audit team of CTI-CFF which included Ikhtaria Syaziah, Pitriyanti, Muhammad Hammam, Devita Hotmauli, Mokhamad Meydiansyah, Mohamad Nohan, and Iman Hadi Sayogo.
The audit report submitted by BPK stated that the financial statements of the CTI-CFF Regional Secretariat fiscal year 2023 received an Unqualified Opinion. This achievement reflects commitment and efforts of the CTI-CFF Regional Secretariat in maintaining transparency and accountability in the organization's financial management.
“We appreciate the hard work and dedication from all levels of the CTI-CFF Regional Secretariat in achieving the Unqualified Opinion,” said Secretary General of BPK on his remarks.
“This Unqualified Opinion is a proof that the organization's financial management has been implemented well and in accordance with applicable accounting standards," he added.
Furthermore, on this occasion, Secretary General of BPK also conveyed the points from audit results to the management along with the recommendations for improving financial management governance, including reviewing the possibility of implementing IPSAS, policies and procedures related to contributions paid by state members which was overdue, legal clarity on the use of premises through ratification of the host country agreement, and improvements to the financial reporting system.
Management of the CTI-CFF Regional Secretariat, who attended the meeting, welcomed BPK audit results and was committed to completing these recommendations, as well as continuing to improve the financial governance of the CTI-CFF Regional Secretariat in the future. Moreover, the management expressed appreciation and gratitude for audit team’s independence and professionalism as well as good cooperation during the audit.