Accounting Standards & IFRS Consulting Services in Indonesia

Expert PSAK & IFRS Consulting to Strengthen Financial Reporting and Investor Confidence

Accurate and consistent financial reporting is the foundation of sound business decisions and investor trust.

Implementing the appropriate financial accounting standards ensures that your financial statements are transparent, comparable, and aligned with regulatory expectations.

TGS AU Partners provides professional Accounting Standards and IFRS consulting services to help companies implement, transition, and comply with applicable financial reporting frameworks in Indonesia and internationally.

Whether you are preparing for investment, IPO, regulatory compliance, or multinational reporting alignment, our team ensures your accounting framework supports your strategic objectives.


Why Accounting Standards Matter for Your Business

The application of recognized financial accounting standards enables:

  • Accurate Financial Information
    Management and shareholders gain reliable and consistent data for decision-making.

  • Comparability with Competitors
    Using standardized frameworks allows benchmarking against industry peers.

  • Investor Confidence
    Investors can conduct financial analysis and valuation more efficiently.

  • Access to International Funding
    Applying International Financial Reporting Standards (IFRS) is often required for cross-border investment and financing.

Without proper alignment with IFRS or PSAK, financial statements may require complex adjustments, delaying funding processes and increasing due diligence risks.


Financial Accounting Standards in Indonesia

Indonesia has adopted IFRS-based standards through PSAK (Pernyataan Standar Akuntansi Keuangan), with continuous updates to maintain alignment with international developments.

The applicable accounting standards for private entities in Indonesia include:

  • General Financial Accounting Standards (PSAK – IFRS Adopted)

  • SAK ETAP (Financial Accounting Standards for Entities Without Public Accountability)

  • SAK EMKM (Financial Accounting Standards for Micro, Small, and Medium Entities)

Additionally, the growth of Islamic finance has led to the issuance of Sharia Financial Accounting Standards to govern sharia-based financial institutions and transactions.

Selecting the appropriate framework depends on your entity type, regulatory status, and strategic objectives.


When Is IFRS Implementation Necessary?

IFRS implementation becomes essential when:

  • Seeking international investors

  • Preparing for IPO or capital market access

  • Becoming part of a multinational group

  • Applying for international financing

  • Engaging in cross-border mergers or acquisitions

IFRS-aligned financial statements simplify financial analysis, valuation, and cross-border comparability.


Our PSAK & IFRS Consulting Services

TGS AU Partners has extensive experience assisting companies in implementing and transitioning to PSAK and IFRS.

Our services include:

GAP Analysis

  • Review of existing accounting policies

  • Identification of differences between current practices and required standards

  • Impact assessment on financial statements

Impact Assessment & Advisory

  • Analysis of the financial, operational, and legal impact of new or revised accounting standards

  • Advisory on strategic implications for management

Implementation of New Accounting Standards

  • Transition planning and roadmap development

  • Adjustments to financial statements

  • Restatement support where necessary

Preparation of Accounting Policies & Manuals

  • Development of comprehensive accounting policy documentation

  • Preparation of internal accounting guidelines

Technical Accounting Working Papers

  • Preparation of required accounting calculations

  • Supporting documentation for audit purposes

Accounting Workshops & Training

  • Internal training for finance teams

  • Workshops on new PSAK or IFRS updates

  • Capacity building for ongoing compliance


Why Choose TGS AU Partners?

Technical Expertise

Our professionals possess in-depth knowledge of Indonesian PSAK and IFRS requirements, including updates and revisions.

Integrated Audit & Advisory Perspective

Our experience in financial audits allows us to provide practical implementation advice aligned with auditor expectations.

International Network

As part of the global TGS network, we are connected to international technical resources and best practices.

Strategic Focus

We go beyond compliance — we ensure your accounting framework supports growth, funding, and governance objectives.


Our Office Locations

Head Office:
Wisma Staco, 6th Floor
Jl. Casablanca Kav 18
South Jakarta 12870, Indonesia

Branch Office:
Jl. Kalpataru No. 33, Ruko Kav. 4
Lowokwaru, Malang 65141
Indonesia


Frequently Asked Questions (FAQ)

What is the difference between PSAK and IFRS?
PSAK is Indonesia’s financial accounting standard, which largely adopts IFRS with certain local modifications. IFRS is the international standard used globally.

Is IFRS mandatory in Indonesia?
Publicly accountable entities are required to apply PSAK, which is IFRS-converged. Full IFRS may be required for multinational reporting or international capital markets.

How long does IFRS implementation take?
The timeline depends on company size, complexity, and the number of adjustments required. A structured transition plan is essential.

Can you assist during audit after IFRS implementation?
Yes. We prepare documentation and working papers to support audit processes.


Ready to Strengthen Your Financial Reporting Framework?

Implementing the right accounting standards is not just about compliance — it is about credibility, comparability, and capital readiness.

Partner with TGS AU Partners to ensure your PSAK and IFRS implementation is structured, compliant, and strategically aligned.

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