Telkomsat Implements Risk Based Audit to Enhance Efficiency & Effectiveness of Risk Management
Bogor - The implementation of the internal audit of the Integrated Management System ISO at Telkomsat has officially started on Monday, September 25 2023. This event was opened with the "Opening Meeting for Internal Audit activities of the Integrated Management System ISO" led by Rizal Ahmad Fauzi, as Director of Finance and Risk Management , who is also PGS VP Audit & Synergy. This internal audit activity will take place from September 25 2023 to October 4 2023 with the theme "Ensuring the Implementation of ISO Business Processes according to Risk Based Audit to Support Company Business". The Opening Meeting was conducted via video conference and attended by internal auditors, auditee representatives and several senior leaders. The aim of carrying out an internal audit of the Integrated Management System ISO in 2023 is to maintain the ISO certification that Telkomsat already has, including ISO/IEC 9001:2015, 45001:2018, 27001:2013, 20000-1:2018.
In accordance with the theme that has been proposed, the internal audit of the ISO Integrated Management System in 2023 will be carried out using the Risk Based Audit (RBA) method. Risk Based Audit (RBA) is an audit approach that prioritizes the use of audit resources based on the level of risk possessed by various parts or processes within the Company, meaning that parts or processes that have a higher risk and can hinder the achievement of unit objectives will receive greater attention during auditing.
Risk Based Audit helps companies to focus more on the main risks that are truly important and have a significant impact on operations and business objectives, as well as helping to identify potential process improvements or actions needed to manage risks better. With the Risk Based Audit method, excessive use of audit resources in low risk areas can be avoided. This makes the audits carried out more relevant and informative, allows companies to allocate resources more wisely and increases the efficiency of the audit process.
An internal audit of the Telkomsat ISO Integrated Management System in 2023 will be carried out on 22 Sub-Directorates, 5 unit divisions, and Top Management at Telkomsat. The scope of the audit object is: business processes running from January 1 2023 to September 25 2023; focuses on ensuring that the work carried out is in accordance with the clauses required by ISO and can be demonstrated by relevant evidence; and focuses on ensuring that the unit's risk substance has been managed by the unit through the ERM Online application.
In his speech, Rizal Ahmad Fauzi, said that the implementation of this internal audit aims to ensure that the company runs its business in a proper manner. It is hoped that this internal audit can be carried out on time, on target, and substantially so that it can become the basis for improving processes, become a shield for achieving goals, and avoid undesirable things in the future.
By implementing Risk Based Audit as a method to manage risk more effectively, Telkomsat is expected to be able to take more definite steps towards long-term success.
#TelkomsatMelesat
In accordance with the theme that has been proposed, the internal audit of the ISO Integrated Management System in 2023 will be carried out using the Risk Based Audit (RBA) method. Risk Based Audit (RBA) is an audit approach that prioritizes the use of audit resources based on the level of risk possessed by various parts or processes within the Company, meaning that parts or processes that have a higher risk and can hinder the achievement of unit objectives will receive greater attention during auditing.
Risk Based Audit helps companies to focus more on the main risks that are truly important and have a significant impact on operations and business objectives, as well as helping to identify potential process improvements or actions needed to manage risks better. With the Risk Based Audit method, excessive use of audit resources in low risk areas can be avoided. This makes the audits carried out more relevant and informative, allows companies to allocate resources more wisely and increases the efficiency of the audit process.
An internal audit of the Telkomsat ISO Integrated Management System in 2023 will be carried out on 22 Sub-Directorates, 5 unit divisions, and Top Management at Telkomsat. The scope of the audit object is: business processes running from January 1 2023 to September 25 2023; focuses on ensuring that the work carried out is in accordance with the clauses required by ISO and can be demonstrated by relevant evidence; and focuses on ensuring that the unit's risk substance has been managed by the unit through the ERM Online application.
In his speech, Rizal Ahmad Fauzi, said that the implementation of this internal audit aims to ensure that the company runs its business in a proper manner. It is hoped that this internal audit can be carried out on time, on target, and substantially so that it can become the basis for improving processes, become a shield for achieving goals, and avoid undesirable things in the future.
By implementing Risk Based Audit as a method to manage risk more effectively, Telkomsat is expected to be able to take more definite steps towards long-term success.
#TelkomsatMelesat