Universitas Terbuka (UT) has once again received an Unqualified Opinion (WTP) on its financial statements from the Public Accounting Firm (KAP) Heliantono & Partners. This opinion was conveyed during the KAP Audit Exit Meeting for the 2025 Audit of the 2024 Financial Statements of Universitas Terbuka, a Legal Entity State University (UT PTNBH), which was held on Thursday, March 20, 2025.
The Exit Meeting took place both offline and online in the Operation Room of the BKUK-UT Building, 1st Floor. The event was attended directly by the Rector of UT and leaders from the Offices of the Vice Rectors, the Board of Trustees (MWA), the Audit Committee (KA), the Financial Management Center (Puslakeu), the Directorate of Asset Management, General Affairs, Procurement of Goods and Services (DMAUPBJ), the Business and Investment Management Center (PPBI), the Directorate of Information Systems (DSI), and the Internal Supervisory Office (KPI). In addition, the audit team from KAP Heliantono & Partners also attended. Meanwhile, UT leaders at the central and regional levels followed the event online via Zoom.
The event began with remarks from the Head of KPI, Dr. Hendrian, S.E., M.Si., followed by remarks from the Vice Rector for Finance, Resources, and General Affairs, Prof. Dr. Ali Muktiyanto, S.E., M.Si., and the Board of Trustees (MWA) Prof. Ainun Na’im, Ph.D. The Rector of UT, Dr. Mohamad Yunus, S.S., M.A also gave a speech before the presentation of the audit findings by the audit team of KAP Heliantono & Partners.
The audit team of KAP conducted the audit for 109 calendar days from November 12, 2024, to February 28, 2025, with an additional 15 working days from March 3 to March 21, 2025. The audit was carried out with sampling at 15 UT Regional units and 8 UT Central units. The results of the audit examination consisted of the Independent Auditor’s Report (LAI), the Audit Findings Report (LHA), and the Management Letter.
The results of the audit examination and the opinion given by the KAP were well received by the Rector of UT. Overall, no material misstatements were found in the financial statements, so UT once again successfully achieved an Unqualified Opinion (WTP). This achievement is concrete evidence of UT’s dedication to maintaining integrity and transparency in the preparation of its financial statements.
The Unqualified Opinion issued by KAP Heliantono & Partners is the result of a strict audit of the financial statements of Universitas Terbuka. KAP Heliantono & Partners has confirmed that the financial statements are prepared accurately, completely, and in accordance with applicable accounting standards.
This achievement provides confidence to all stakeholders, including students, lecturers, employees, the government, and the general public, regarding the financial health and sustainability of the university. This WTP opinion also strengthens UT’s track record of consistently obtaining a WTP opinion since 2012, after becoming a Public Service Agency State University (PTN BLU).
The audit of UT’s financial statements includes a comprehensive evaluation of various accounts in the 2024 financial statements, including revenues, expenses, investments, asset management, Health, Safety, and Environment (HSE), and information technology systems. The audit process also involved substantive testing of transactions and account balances, as well as an assessment of the university’s compliance with applicable regulations and policies.
The Rector of UT appreciated the audit results as evidence of transparency and accountability in financial management. This result is expected to increase the trust of all stakeholders in the educational institution.
