News Category Accounting

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

Financial statements are indeed essential in a company. To make the financial statements valid and reliable, they must comply with the applicable accounting standards and undergo thorough examination, commonly known as the audit of financial statements. So, why do company ... Read more

The beginning of 2020 was a very turbulent period in all corners of the world where the covid-19 virus outbreak that emerged at the end of 2019, spread rapidly to all corners of the world which resulted in a global pandemic. The number of positive confirmed cases that continue ... Read more

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