Modernland - Audit Committee Work Guidance

Corporate Governance

Audit Committee Work Guidance

PIAGAM KOMITE AUDIT		AUDIT COMMITTEE CHARTER

PT Modernland Realty Tbk		PT Modernland Realty Tbk

Piagam Komite Audit merupakan pedoman kerja bagi Komite Audit Perseroan yang disusun mengacu pada ketentuan peraturan perundang-undangan yang berlaku, yaitu Peraturan Otoritas Jasa Keuangan No. 55/POJK.04/2015 tanggal 23 Desember 2015 tentang Pembentukan dan Pedoman Pelaksanaan Kerja Komite Audit (“POJK”) dan Peraturan Pencatatan Efek No. I-A, Lampiran Keputusan Direksi PT Bursa Efek Indonesia No. Kep-00001/BEI/01-2014 tanggal 20 Januari 2014 (“Peraturan No. I-A”).		The Audit Committee Charter is a work guideline for the Company’s Audit Committee. It It has been prepared in accordance with the prevailing regulations, namely the OJK Regulation No. 55/POJK.04/2015 dated 23 December 2015 on Establihment and Work Guideline for Audit Committee (“POJK”) and Regulation on Securities Listing No. I-A, Appendix to the Decree of the Board of Directors of PT Bursa Efek Indonesia No. Kep-00001/BEI/01-2014 dated 20 January 2014 (“Regulation No. I-A”).
Piagam Komite Audit mencakup pengaturan terkait Struktur dan Keanggotaan, Persyaratan Keanggotaan Komite Audit, Masa Jabatan, Tugas dan Tanggung Jawab, Wewenang, Mekanisme Kerja, Rapat dan Penyelenggaraannya, Pelaporan, Protokol Komunikasi Komite Audit, Anggaran dan Ketentuan Lain.		The Audit Committee Charter encompasses provisions regarding the Structure and Membership, Requirements for Membership of the Audit Committee, Term of Office, Duties and Responsibilities, Authority, Work Procedure, Meeting and Implementation, Reporting, Communication Protocol of the Audit Committee, Budgeting, and Miscellaneous Provisions.
Struktur dan Keanggotaan menjelaskan pengangkatan dan pemberhentian serta komposisi keanggotaan Komite Audit.		The Structure and Membership section stipulates the appointment and dismissal as well as the membership composition of the Audit Committee.
Persyaratan Keanggotaan Komite Audit menjelaskan kriteria yang harus dimiliki sebagai anggota Komite Audit sesuai dengan ketentuan yang berlaku.		The Requirements for Membership of the Audit Committee section stipulates the criteria for being appointed as member of the Audit Committee, in accordance with the prevailing regulations.
Masa Jabatan menjelaskan periode jabatan dan ketentuan terkait pergantian ketua Komite Audit serta kewajiban menyampaikan kepada OJK informasi mengenai pengangkatan dan pemberhentian Komite Audit.		The Term of Office section stipulates the position’s tenure and the provisions related to the replacement of the Audit Committee Chairman and the obligation to submit information related to the appointment and dismissal of the Audit Committee to the OJK.
Tugas dan Tanggung Jawab menjelaskan peran Komite Audit dalam memberikan pendapat profesional yang independen serta mengawasi beberapa aspek khusus dalam Perseroan agar kegiatan operasi perusahaan dilaksanakan berdasarkan prinsip-prinsip tata kelola perusahaan yang baik dan bertanggung jawab atau Good Corporate Governance (GCG).		The Duties and Responsibilities section stipulates the role of the Audit Committee in providing professional and independent opinion and in monitoring various specific aspects within the Company so that the Company’s operations are grounded upon the principles of good corporate governance (GCG).
Wewenang menjelaskan tugas Komite Audit yang dapat mengakses dokumen, data, dan informasi tentang karyawan, dana, aset, dan sumber daya Perseroan yang diperlukan yang berkaitan dengan pelaksanaan tugasnya dan dapat bekerja sama dengan pihak yang menjalankan fungsi audit internal (Unit Audit Internal) dan Eksternal Auditor maupun pihak independen lainnya di luar anggota Komite Audit dalam melaksanakan wewenang, tugas dan tanggung jawabnya serta melakukan kewenangan lain yang diberikan oleh Dewan Komisaris.		The Authority section stipulates that the Audit Committee has full and unlimited access to records, employee, fund, documents, assets and other resources relating to the performance of its duties, and that it may work together with the party performing the functions of Internal audit (Internal Audit Unit) and External Auditor and other Independent Parties except members of the Audit Committee in the exercise of its authority, duties, and responsibilities, as well as exercise other powers vested by the Board of Commissioners.
Mekanisme Kerja menjelaskan pelaksanaan tugas dan tanggung jawab Komite Audit untuk menyusun program kerja tahunan dan melaporkan kepada Dewan Komisaris. Program kerja tahunan Komite Audit disesuaikan dan diselaraskan dengan siklus pelaporan keuangan Perseroan.		The Work Procedure section stipulates the implementation of the Audit Committee’s duties and responsibilities in preparing an annual work program and reports it to the Board of Commissioners. The annual work program of the Audit Committee is adjusted and aligned with the Company's financial reporting cycle.
Rapat dan Penyelenggaraannya menjelaskan mekanisme, mekanisme pengambilan keputusan dan frekuensi rapat serta penyusunan risalah rapat Komite Audit sebagaimana ketentuan yang berlaku.		The Meeting and Implementation section stipulates the mechanism for decision-making as well as meeting frequency and preparation of the minutes of meetings of the Audit Committee, as per the prevailing regulations.
Pelaporan menjelaskan mekanisme pelaporan dan batas waktu pelaporan kepada Dewan Komsaris sebagai bentuk pertanggungjawaban kepada Dewan Komisaris.		The Reporting section stipulates the mechanism for reporting and the time limit for reporting to the Board of Commissioners as a form of accountability to the Board of Commissioners.
Protokol Komunikasi Komite Audit menjelaskan pelaksanaan tugas dan tanggung jawab Komite Audit dalam membangun dan memelihara komunikasi yang bebas dan terbuka dengan Auditor Independen, Internal Audit, dan Manajemen dengan tetap menjaga objektivitas dan independensi Komite Audit baik secara kolektif maupun individual.		The Communication Protocol of the Audit Committee section stipulates the implementation of the Audit Committee’s duties and responsibilities in establishing and maintaining independent and transparent communication with the Independent Auditor, the Internal Audit, and the Management, while maintaining the objectivity and independence of the Audit Committee, both collectively and individually.
Anggaran menjelaskan Komite Audit bertugas untuk menyusun dan mengusulkan rencana kerja dan anggaran kepada Dewan Komisaris yang menjadi bagian dari anggaran Dewan Komisaris.		The Budgeting section stipulates that the Audit Committee is obliged to prepare and propose its annual work plan and budget to the Board of Commissioners, to be part of the Board of Commissioners’ budget.
Ketentuan Lain menjelaskan pemberlakuan dan evaluasi Piagam Komite Audit untuk disesuaikan dengan perkembangan peraturan yang berlaku secara berkala. Dalam hal terdapat ketentuan dalam Piagam Komite Audit yang bertentangan dengan Anggaran Dasar Perseroan atau ketentuan peraturan perundang-undangan yang berlaku, maka ketentuan Anggaran Dasar atau ketentuan peraturan perundang-undangan tersebut yang akan berlaku.		The Miscellaneous Provisions section stipulates the validity and evaluation of the Audit Committee Charter and the updating thereof in accordance with the developments of the prevailing regulations on a regular basis. In the event that any provision in the Audit Committee Charter is in conflict with the Company’s Articles of Association or the prevailing regulations, then the latter shall be upheld.