Our Governance

PT Palma Serasih Tbk. has formed an Internal Audit Unit which is directly responsible to the President Director and has integral roles in evaluating the implementation of internal control, compliance with regulations, and risk management with the purpose to improve the operational and financial performance of the Company.

Internal Audit Unit roles and responsibilities are:

1. Preparing and executing annual internal audit plan;
2. Testing and evaluating the implementation of internal control and risk management system based on Company policies;
3. Performing efficiency and effectiveness review and assessment in the area of finance, accounting, operational, Human Resource, marketing, information technology, and other areas;
4. Providing objective improvement advice and information concerning the assessed activity to all management level;
5. Preparing and submitting audit result report to President Director and Board of Commissioners;
6. Supervising, analyzing, and reporting the implementation of improvement recommendations;
7. Coordinating with Audit Committee;
8. Formulating a program to evaluate the quality of completed internal audit process; and
9. Performing special audits when required.

Internal Audit Unit has the authorities to:

1. Access all relevant information of the Company in executing its duties and roles;
2. Communicate directly with Board of Directors and Commissioners, and/or Audit Committee;
3. Conduct periodic and contingency meeting with Board of Directors and Commissioners, and/or Audit Committee; and
4. Coordinate its activity with external auditor activity.

In carrying out its duties and responsibilities, Internal Audit Unit adheres to the principles of integrity, objectivity, and confidentiality, and possesses competencies in accordance with the Internal Audit Unit charter as well as the Code of Ethics.

The Company has appointed Elly Taha as the Head of Internal Audit Unit, with a brief profile as follows

	Age	:	50 years
	Citizenship	:	Indonesia
	Last Education	:	Bachelor of Economics major in Management, University of Persada Indonesia (YAI), Jakarta
	Work Experiences	:	2018 - current Head of Internal Audit Division of PT Palma Serasih 2014 - 2018 Head of Internal Audit Division of Triputra Agro Persada