DEVELOPING STRATEGY FOR IMPROVING AUDIT COORDINATION OF DELIVERY OF CREDIT FOR BUSINESS PROGRAM IN INDONESIA

Indonesian government issues a policy to ease access to financing for micro, small and medium enterprises by providing guarantee facilities for Credit for Business Program (KUR) delivered by the executing banks. The government has also implemented some relaxation policies such as decreasing interest rate, increasing credit plafond, and providing interest subsidy. There are four indicators of successful KUR program i.e. (1) the amount of KUR distributed, (2) Non Performing Loan (NPL), (3) the number of debtors receiving KUR, and (4) the number of successful graduated debtors. Using Analytical Network Process (ANP). this study figures out an integrated audit model for delivery and guarantee of credit for business program. A network consists of six clusters and 21 nodes is used to describe how its clusters and nodes are influencing each other. Pair comparison quessionnaires were distributed to expert respondents. Processing of input scores from 9 experts results that 5 priority elements by sequence are (1) Graduated Debtor, (2) NPL, (3) Number of Distribution and Guarantee of KUR, (4) Number of Debtor Receiving KUR, and (5) Stakeholders? Commitment of Shared Goals. The priority of audit cooperation for integrated supervision in sequence are (1) Coordinated Audit, (2) Joint Audit, and (3) Parallel Audit. Implementation of the prioritzed strategy is very situational that is depended on which target be prioritized and the actor who will run the audit strategy.