Committee

Audit Committee


Board of Commissioners establishes Audit Committee to assist the board in monitoring Functions of DirectorsDirectors governing the Company is to be aligned with the principle of good corporate governance. Members of Audit Committee are appointed and dismissed by the Board of Commissioner and is reported to EGM.

The existence of Audit Committee for a public Company refers to the Attachment of Bapepam Chairman Decision No. Kep-29/PM/2004 dated September 24, 2004, Regulation No.IX.1.5 of the Establishment and Implementation Guideline for Audit Committee. The Audit Committee is composed of at least three people, led by an Independent Commissioner with two independent external personnel.

The principle qualifications for the Audit Committee comprise of the possessment of high integrity. One member of Audit Committee must have an educational background in accounting and finance as well as good competence in reading and understanding financial statements. Members of the Audit Committee must also possess good knowledge and experience in line with his/her educational background with good communication skills.

 

Composition of Audit Committee

The Audit Committee of PT Total Bangun Persada Tbk was established in 2007 with a notification letter to Bapepam No. 056/IR.02/I/2007 dated January 24, 2007. The work guideline of Audit Committee is an Audit Committee Charter, which governs in details the vision, mission, objectives, targets, and duties of Audit Committee, as well as the authority and code of ethics, reporting responsibility, and introduction program for new members.

 

Roles, Responsibilities, and Authorities of Audit Committee

The roles and responsibilities of Audit Committee are to assist the Board of Commissioners in conducting monitoring function and providing input to management of PT Total Bangun Persada Tbk. In this regard, the Audit Committee performs its roles and responsibilities in a professional and independent manner without any interference from any parties that are not in conformity with the rules and regulations.

For the duties supervised by Audit Committee, Board of Directors is fully responsible for the presentation of financial statements in accordance with the prevailing standards and regulations, and also for the adequacy of risk management and internal control system and for the compliance with prevailing regulations.

The roles and responsibilities of the Audit Committee are to ensure the following:

Audit Committee is entitled to have access to records and information of employees, financial data, assets and other resources within the Company for the purpose of performing their duties. In exercising its authorities The Audit Committee works in cooperation and coordination of the Internal Audit Unit and External Auditor.

 

Audit Committee Profile

Drs. H. Mustofa, Ak.
Mr. Mustofa has served as Independent Commissioner of PT Total Bangun Persada Tbk since 2006. He has more than 25 years of experience as public accountant and a business and management consultant for various companies, particularly in the field of business and financial management strategy. He served as the Managing Partner at Public Accountant’s Office Hans, Tuanakotta & Mustofa - Deloitte Indonesia, for period 2002-2005. Currently, he is still in charge of being a member of Ikatan Akuntan Indonesia (IAI) and an Arbritrer at Badan Arbitrase Nasional Indonesia.

Aria Kanaka, CPA
Graduated from Faculty of Economics at University of Indonesia, Jakarta majoring in Accounting, in 1997. He also achieved his Masters Degree of Accounting in 2010 from the same University. He started his career at University of Indonesia as an Assistant Lecturer then became a lecturer until now. Continuing his career, he worked at different Accounting Firms and Investment Firms. Since May of 2014, he has been a member of the Audit Committee at PT Total Bangun Persada Tbk.

Ninik Herlani Masli R, S.E., M.M.
Graduated from the Faculty of Economics, Trisakti University, Jakarta, majoring in Accounting in 1981 and obtained her Master Degree in Finance from University of Indonesia in 2007. She started her career at Utomo Public Accountant Office (SGV-Utomo). In 1985 until 2012, she joined PT Bank Central Asia Tbk with the latest position as Head of Audit Development and Quality Control. Currently, she is still an Independent Commissioner at PT. Bank Sumitomo Mitsui Indonesia. Since May of 2014, she has been a member of the Audit Committee at PT Total Bangun Persada Tbk.


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