Regarding Audit Pressure, WAMI: We Are Routinely Audited And Get WTP Opinions

Illustration of musical royalties (unsplash)

JAKARTA - Wahana Musik Indonesia (WAMI) faced sharp criticism after Ari Lasso revealed the error in the royalties distribution report and Tompi who decided to leave membership.

The pressure that came was quite large on social media, asking that one of the Collective Management Institutions (LMK) be audited.

Through an official statement, WAMI responded to the pressure by emphasizing that they are supervised in accordance with government policies "based on the principles of transparent, fair, and regulatory royalty management.

"We are audited regularly as regulated in statutory provisions, as a form of commitment to maintaining the trust of the creators while ensuring a healthy climate of the Indonesian music industry," said Adi Adrian, WAMI President Director, in his statement, Friday, August 15.

The results of the audit, said Adi, are always published in the national media and can be accessed on the official website of WAMI. Transparency and accountability are WAMI's commitments to members, especially songwriters, and also the public.

puted auditors are also involved for annual audits. From 2022 to the 2024 financial year, WAMI appointed Forvis Mazars as an external auditor. The firm is said to be included in the top 10 leading Public Accounting Offices in Indonesia, with long experience auditing various national and international corporations.

"Since the audit is carried out regularly, WAMI's financial statements always get an Unqualified Opinion (WTP). This shows that our financial management is carried out in accordance with applicable accounting standards and is in accordance with Copyright Law Number 28 of 2014 concerning Copyright," said Adi.

Responding to the discourse on the need for further audits submitted by a number of parties, WAMI also felt no objection, throughout the process in accordance with applicable regulations.

WAMI as an organization is always open and obedient to the prevailing laws and regulations. For WAMI, openness is the key to building trust," said the KLa Project personnel.

WAMI hopes that this clarification can help ease the confusion of information. In the future, WAMI stated that it will continue to strengthen internal administration systems, tighten verification and regulate information distribution systems.