IPB University Earns Another Unqualified Opinion from PwC, Proving Internationally Recognized Financial Accountability

IPB University Earns Another Unqualified Opinion from PwC, Proving Internationally Recognized Financial Accountability

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Achievement / News

IPB University has once again demonstrated its commitment to maintaining financial integrity and transparency by earning an Unqualified Opinion (WTP). This achievement for the 2025 fiscal year was granted on (4/30), following a rigorous audit process by PricewaterhouseCoopers (PwC), one of the big four largest and most prestigious accounting firms in the world.

The Director of Finance at IPB University, Dr Andriyanto, expressed his pride and gratitude for the consistent achievement of the WTP status. He noted that this accomplishment serves as vital international recognition of the financial management accountability at IPB University.

“We are very pleased and proud to receive the WTP opinion from PwC. This means that IPB University’s accountability in financial management is recognized internationally. This success continues the positive tradition established by our predecessors at the IPB University Finance Directorate,” said Dr Andriyanto.

Dr Andriyanto revealed that IPB University’s success in maintaining the WTP status is inseparable from the key consistency implemented by the Finance Directorate, maintaining a positive work culture and building strong synergy among staff, treasurers, supervisors, assistant directors, and heads of work units throughout the IPB University environment.

“Furthermore, we maintain excellent communication with the corporate entities under IPB University’s management, such as PT Bogor Life Science and Technology (BLST), ensuring that reports are smooth, timely, and data presentation is clear,” he stated.

Moreover, Dr Andriyanto interpreted the WTP status as an extraordinary achievement. Receiving a WTP opinion from PwC enhances the trust of national and international partners and affiliates in establishing collaborations, as IPB University’s financial management is deemed healthy and credible.

He also explained that the audit process was a healthy challenge for the university. “This audit is like ‘jamu’, bitter but healthy. It makes our internal performance even better. Any deficiencies or administrative untidiness are gradually corrected, and such findings have decreased compared to previous years,” he explained.

Beyond pursuing the WTP status, the IPB University Finance Directorate also focuses on the timely disbursement of funds. Dr Andriyanto emphasized that discipline regarding administrative terms and conditions remains a top priority to ensure that employee rights, such as salaries, meal allowances, and benefits, are never delayed.

Closing his statement, Dr Andriyanto expressed his highest appreciation and gratitude to the Rector and Vice Rectors particularly in the field of Resource Resilience and Infrastructure for their guidance, as well as to all stakeholders at IPB University who worked hard and cooperated effectively to maintain the WTP status.

“Our message to stakeholders at IPB University is to continually improve service, accountability, and always prioritize solutions. Furthermore, it must be remembered that technical and administrative financial terms and conditions must always be well understood,” he concluded. (MHT) (IAAS/HNF)