Submitting the Audit Reports, BPK Conveys Audit Recommendations for the IPU's Financial Management Improvement
JAKARTA, BPK Public Relations - Secretary General of the Audit Board of the Republic of Indonesia (BPK) Bahtiar Arif held an online meeting with Secretary General of Inter Parliamentary Union (IPU) Martin Chungong and IPU’s internal auditor Hugo Carneiro on Wednesday (13/3). This meeting was held as a part of a series of submission of the audit report on the financial statements of IPU fiscal year 2023.
In the meeting, Secretary General of IPU was accompanied by Director of Support Services of IPU Andrée Lorber dan Head of Finance IPU Edward Cooper. BPK audit team for IPU, namely Amri Lewa, Dini Fanny Mariani, M. Azema Wiraka Albar, and Hendy Pratama S, and Deputy Director of Global Partnership II of BPK Global Partnership Center, Pitriyanti attended the meeting.
The online meeting was held after BPK handed over the audit report on the financial statements of IPU fiscal year 2023 to Secretary General of IPU on 8 March 2023.
In this meeting, Secretary General of BPK as the auditor in charge for financial audit of IPU fiscal year 2023 conveyed several points of audit results to IPU management and internal auditors. He also conveyed audit recommendations for IPU financial management improvement, including to review pension fund strategy, to improve internal controls and classification of accounts used in financial reporting and to review strategy to increase the collectability of membership fees.
During the meeting, Secretary General and the management of IPU expressed their appreciation for the IPU’s audit team professionalism and cooperation. According to him, the financial audit conducted by BPK provides a different atmosphere to IPU.
One of the impressive points for IPU is that BPK provides a more comprehensive perspective of IPU's financial management. To conclude the meeting, Secretary General of IPU underlined that the organization accepts BPK recommendations and is committed to follow up the recommendations.
IPU’s internal auditor also expressed an appreciation to BPK’s audit reports that is prepared clearly, and do not generate objections from the IPU’s governing bodies.