News Category Accounting

Key Audit Matters Key audit matters (KAMs) are those matters that, in the auditor's professional judgment, were of most significance in the audit of the financial statements of an entity.   Some of the examples of key audit matters Some common key audit ... Read more

The Categories of Financial Accounting Standards in Indonesia TGS AU Partners responded positively to the issuance of the Pillars of Financial Accounting Standards by the Indonesian Institute of Accountants. Mikail Jaman, managing partner, KAP Agus Ubaidillah & Rekan (TGS ... Read more

KAP Agus Ubaidillah dan Rekan Agus Ubaidillah & Rekan (registered public accounting firm) and the TGS AU Partners group originated from KAP Agus Ubaidillah which was founded at Jakarta, Indonesia in 1992 by Mr. Drs Agus Ubaidillah, Ak, CPA he established entrepreneurial ... Read more

Consolidated Financial Statements are financial statements that present financial information belonging to the parent and several subsidiaries as if they were one entity. The purpose of the preparation of the report is to provide an overall, objective picture of the financial ... Read more

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 ... Read more

  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 ... Read more

The audit fees by public accounting firms in Indonesia can vary from tens of millions of rupiah to billions of rupiah per year. The audit fee will be determined by three components, namely the number of audit personnel, the time of personnel to be used for audit work, and the ... Read more