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Standard on Auditing (SA) 701 -The Communication of Key Audit Matters in an Independent Auditor’s Report

This audit standard’s draft exposure was issued as of December 19, 2019, which regulates the auditor's responsibility to communicate key audit matters in the auditor's report. The purpose of communicating the main audit is to improve the communicative value of the auditor's report by providing better transparency over the audits that have been carried out. Communication of key audit matters in the auditor's report may also give the intended user a basis to better connect with management and those responsible for governance about certain matters relating to the entity, the financial statements audited or audited

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Interpretation of Financial Accounting Standards (ISAK) 35 concerning Presentation of Financial Statements of Non-Profit-Oriented Entities

The ratification of PPSAK 13 (Revocation of Statement of Financial Accounting Standards) as of August 11, 2019, non-profit oriented entities no longer refer to PSAK 45 concerning Financial Reporting of Non-Profit Organizations. The presentation of non-profit entity reports will refer to ISAK 35 concerning Presentation of Non-profit Oriented Entities Financial Statements effective as of January 1, 2020.

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Best Accounting Software for Business

Accounting Software For Business As a company grows, the recording of transactions carried out is getting more and more complicated. Therefore, it is very important for companies to have financial statements. Financial statements have several benefits for company management, namely: Knowing the company's cash flow Knowing business development The company's financial condition can be monitored properly As a comparison between plan and realization

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Events After the Reporting Period According to the Statement of Financial Accounting Standards (PSAK) 8

Generally, the end date of a company's financial reporting is December 31 and the preparation of the annual financial statements is usually completed after some time. In the period from the end of reporting date to the completion of preparation, events may occur that affect the financial statements or the going concern of the company.

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