News Category Accounting

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

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