Document background
The Appointment of Auditor Resolution is a crucial corporate governance document required under Indonesian law for companies appointing external auditors. It is typically prepared annually or when there is a change in auditors, in accordance with Law No. 40 of 2007 on Limited Liability Companies and OJK regulations. The document serves as official record of the appointment, capturing key details such as the audit firm's details, scope of services, term of appointment, and remuneration framework. For public companies, additional regulatory requirements must be addressed in the resolution, including independence declarations and specific OJK compliance statements. The resolution also typically includes authorizations for executing related documents and notifications to relevant authorities.
