BPK Begins Audit of Danantara Financial Reports, Here’s What Is Being Reviewed

JAKARTA, KOMPAS.com - The Audit Board of Indonesia (BPK) has officially begun its audit of the 2025 Consolidated Financial Statements of the Investment Management Agency Daya Anagata Nusantara (BPI Danantara).

This audit is one of BPK's strategic reviews aimed at ensuring the fairness of Danantara's financial statements, while also strengthening governance and accountability in the financial management structure of BPI Danantara.

The commencement of the audit was marked by a Grand Entry Meeting and the handing over of the Audit Assignment Letter by BPK Member VII, Slamet Edy Purnomo, to the Head of BPI Danantara's Executive Agency, Rosan Roeslani, in Jakarta on Thursday (17/9/2026).

The event was also attended by Deputy Chairman of BPI Danantara's Supervisory Board, Muliaman Darmansyah Hadad, and Head of the State-Owned Enterprises Regulatory Agency (BP BUMN), Dony Oskaria.

“BPK is committed to overseeing the governance and accountability of BPI Danantara as the foundation for quality financial reporting,” said Slamet Edy Purnomo in a written statement received by Kompas.com on Saturday evening (19/9/2026).

The BPK audit covers BPI Danantara, PT Danantara Asset Management (PT DAM), PT Danantara Investment Management (PT DIM), and all State-Owned Enterprises (BUMN) within BPI Danantara's structure.

The audit is conducted under Law Number 15 of 2004 concerning the Audit of Management and Accountability of State Finances and Law Number 15 of 2006 concerning BPK.

Additionally, the audit refers to Law Number 19 of 2003 on State-Owned Enterprises as amended multiple times, most recently through Law Number 16 of 2025 concerning the Fourth Amendment to Law Number 19 of 2003 on State-Owned Enterprises.

Article 3K of the State-Owned Enterprises Law stipulates that the audit of management and financial accountability of BPI Danantara is to be conducted by BPK.

Prior to this, BPI Danantara submitted its unaudited 2025 Consolidated Financial Statements to BPK on 20 July 2026.

BPK explained that the period from receiving the unaudited financial statements until the issuance of the Audit Assignment Letter on 14 August 2026 was part of the audit group preparation process.

During this stage, BPK updates risk assessments, materiality, and audit strategies to ensure the audit is carried out effectively, efficiently, and in accordance with auditing standards.

The purpose of BPK’s audit is to issue an opinion on the fairness of BPI Danantara’s 2025 Consolidated Financial Statements.

In forming its opinion, BPK will evaluate several aspects including compliance with accounting standards, adequacy of disclosures, adherence to laws and regulations, and effectiveness of internal control systems.

The audit will be performed using a risk-based approach, which includes identifying risks of material misstatement, fraud, abuse, noncompliance, and internal control weaknesses.

“We want to emphasize that in a risk-based audit, the group auditor can only fulfill their responsibility to identify and respond to material risks if they obtain adequate access to data, information, and relevant individuals. Therefore, full support from BPI Danantara, the BUMN leadership, and the audit firm components regarding these aspects is crucial for the smoothness and quality of the audit results,” explained Slamet Edy Purnomo.

BPK expects effective cooperation and communication from all parties to ensure the audit proceeds on schedule while upholding integrity, independence, and professionalism.