BPK Reaffirms Commitment to Professionalism in Auditing Financial Reports of OJK and Ministry of Investment/BKPM for 2025
The Indonesian Supreme Audit Board (BPK) has reaffirmed its strong commitment to maintaining professionalism and accountability at every stage of its audit process. This was conveyed in relation to the conduct of audits on the Financial Statements (LS) of the Financial Services Authority (OJK) and the Ministry of Investment and Downstream Processing/Investment Coordination Board (BKPM) for the 2025 Fiscal Year. The process also emphasises the importance of inter-agency synergy to achieve optimal results.
BPK Board Member II Daniel Lumban Tobing conveyed this commitment in two separate entry meeting agendas involving OJK and BKPM. These initial meetings form the foundation for building effective communication and coordination. The goal is to ensure the audit progresses smoothly and adheres to the established schedule.
BPK’s audit will employ a risk-based approach whilst upholding professional standards and audit ethics. This step is expected to provide an objective opinion on the fairness of financial statements. Additionally, the audit also aims to encourage continuous improvement in the management of state finances overall.
BPK consistently applies a risk-based approach in every audit process. This aims to identify critical areas requiring greater attention. This approach ensures that audit resources are utilised efficiently and effectively.
Lumban Tobing emphasised that all BPK audits are conducted whilst maintaining professional standards and audit ethics. Compliance with these standards is key to producing accurate and reliable reports. This also guarantees the integrity of the overall audit process.
BPK auditors must comply with the State Financial Audit Standards (SPKN) as regulated in BPK Regulation No. 1 of 2017. This regulation encompasses auditor professional requirements, audit execution quality, and professional reporting requirements. Additionally, the BPK Code of Ethics under BPK Regulation No. 4 of 2018 also serves as a primary guide.
In the entry meeting for auditing OJK’s 2025 Financial Statements, BPK Board Member II Daniel Lumban Tobing emphasised the importance of communication and collaboration. The meeting was attended by the Head of the Executive Supervisory Division for Conduct of Financial Services Actors, Education and Consumer Protection, serving as Acting Chairman and Vice-Chairman of the OJK Board of Commissioners, Friderica Widyasari Dewi. Effective communication will accelerate the completion of the audit.
BPK expects close coordination from OJK given the tight audit schedule. Effective synergy is crucial for the audit to proceed according to the established timeline. This also aims to add value to strengthening financial governance in the financial services sector.
The primary objective of this audit is to provide an opinion on the fairness of OJK’s Financial Statements. More than that, BPK hopes that the audit results can encourage continuous improvement. This improvement is important for creating more transparent and accountable financial management in the financial services sector.
At the entry meeting for auditing BKPM’s 2025 Financial Statements, Daniel Lumban Tobing also conveyed BPK’s commitment. This meeting was attended by the Minister of Investment and Downstream Processing/Head of BKPM, Rosan Perkasa Roeslani. BPK aims to provide an independent opinion on the ministry’s financial reports.
This audit does not solely focus on the fairness of financial statements. BPK also endeavours to encourage continuous improvement in state financial management at BKPM. This is in line with BPK’s mission to enhance the efficiency and effectiveness of budget utilisation.
The conduct of BKPM’s Financial Statement audit is based on applicable laws and regulations. Additionally, the audit is also guided by State Financial Audit Standards (SPKN) and the BPK Code of Ethics. Compliance with these guidelines ensures the quality and integrity of audit results.
Through both entry meeting agendas, BPK has great expectations for the 2025 Financial Statement audit process. BPK hopes the audit can proceed smoothly, objectively and professionally. The results are expected to make a tangible contribution to the nation.
An objective and professional audit will strengthen transparency in state financial management. This will also enhance the accountability of audited institutions. Thus, public trust in the government will increasingly improve.
Ultimately, BPK’s audit objective is to ensure that state financial management is conducted effectively and efficiently. This is important for supporting national development and public welfare. BPK remains committed to continuing its role as guardian of state finances.