As part of planning and development educational institution, Universitas Terbuka (UT) conducts an Entry Meeting each year for the implementation of the financial inspection statements for the 2023 fiscal year by the Public Accounting Firm (KAP/Kantor Akuntan Publik). This reflects UT commitment as PTN-BH and serves as a crucial indicator in maintaining the integrity of the university. Therefore, on Monday, February 12, 2024, the entry meeting with KAP for the Financial Statements of UT PTN-BH for the year 2023 was held. The audit process by KAP, on this occasion, UT appointed KAP Heliantono and Partners. The audit aims to provide oversight of the fairness of UT financial statements in accordance with applicable financial accounting standards. The audit will be conducted for 90 (ninety) calendar days after the acceptance of the management financial statements.
The event began with a welcome address and guidance from Prof. Ojat Darojat, M.Bus., Ph.D., the Rector of Universitas Terbuka. Prof. Ojat Darojat warmly welcomed this audit activity and urged UT colleagues not to hide anything during the audit process. He emphasized that it is better to disclose any shortcomings, if any, so that UT can receive constructive feedback for improvement in the future. During the execution, the Rector requested full support from all staff to ensure a successful audit, leading to the best possible results for UT.
The event continued with a speech and presentation of the audit steps and objectives by Mr. Heliantono, the Managing Partner of KAP Heliantono and Partners. He stated, “This audit aims to determine whether UT has implemented financial statements that comply with the latest Financial Accounting Standards (SAK/Standar Akuntansi Keuangan), then conduct compliance audits, review internal control systems, and IT audits in financial statement audits.”
Mr. Heliantono emphasized that the entire UT business process would be audited using a Risk-Based Audit approach in accordance with the Public Accountant Professional Standards (SPAP/Standar Profesional Akuntan Publik). Given the complexity of UT, which has implemented many information systems in organizing business and online learning process, KAP will review the IT management carried out by UT. In concluding his presentation, Mr. Heliantono expressed hope that this activity would proceed smoothly as planned and that UT would achieve a “Reasonable without Exception” (WTP/Wajar Tanpa Pengecualian) or what is now known as Reasonable Without Modification (WTM/Wajar Tanpa Modifikasian).
The event concluded with the official commencement of the audit activities by Prof. Ojat Darojat, M.Bus., Ph.D. In his closing remarks, the Rector expressed his hope that this activity would be carried out on time according to the schedule.
