News Category Accounting

This Indonesia Financial Accounting Standards regulates when the parent wants to make separate financial statements. Separate financial statements only record assets, liabilities, parent equity and large investments in subsidiaries, joint ventures and associates. In separate ... Read more

An Emphasis of Matter paragraph is a paragraph included in the auditor's report that refers to a matter that has been appropriately presented or disclosed in the financial statements that, in the auditor's judgment, is of such importance that it is fundamental to ... Read more

What is regulated in PSAK 3? PSAK 3 regulates determining the minimum content of interim financial statements and the principles of recognition and measurement in complete or condensed financial statements for the interim period. Timely and reliable interim financial ... Read more

Inventories accounting is very important for trading companies or manufacturing companies because it affects the measurement of company performance including the amount of gross profit, gross profit margin, net profit and total assets, especially current assets, thus accounting ... Read more

Transitional Provisions for the Implementation of PSAK 72   After discussing the differences in PSAK 72 and important things that need to be considered in their implementation in our previous article. In this article, we discuss how companies implement PSAK 72 for the ... Read more

Significance of the Implementation of PSAK 72 The enactment of PSAK 72 concerning Revenue from Customer Contracts, which requires implementation since the 2020 accounting year, can have a significant effect on the income position in the company's income statement. For ... Read more

TGS Indonesia (AU Partners) has assisted the clients in the sector of energy, transportation, engineering, construction, trading, and service sector to perform gap analysis, assessment, implementation, including training to clients and calculation of affected items caused by the ... Read more