News

Navigating the New Trade Landscape China has agreed to lower the tariff for 90 days with the United States. This decision may bring relief for a while, but what comes next remains uncertain. As Asia-Pacific companies try to make sense of these changes, TGS APAC is here to ... Read more

From June 10th to 11th, 2024, TGS Asia Pacific held a regional conference at the Pullman Orchard Hotel in Singapore. The event brought together 17 delegates from eight countries, representing TGS Asia Pacific member firms from Indonesia, Malaysia, Singapore, Taiwan, Hong Kong, ... Read more

At the end of 2020, the International Auditing and Assurance Standards Board (IAASB) issued two new standards, one of which is the International Standard on Quality Management 1 (ISQM 1). This standard was endorsed as a replacement for the previous standard, International ... Read more

Agreed Upon Procedures (AUP) is an examination method employed within the scope of financial audits or reviews. In the realms of business and finance, the utilization of AUP has become a common practice to ensure transparency and accountability in financial reports. In this ... Read more

Comparability analysis in transfer pricing is one of the pivotal aspects for implementing the arm's length principles in business. It is so crucial that it has its own regulations being outlined in the Directorate General of Taxes Regulation Number PER-32/PJ/2011 (Peraturan ... Read more

In 2024, the Indonesian Institute of Accountants (IAI) issued updates to the Statement of Financial Accounting Standards (PSAK) 14 regarding inventories. These updates were made to align Indonesian accounting standards with international practices and to ensure that financial ... Read more

As we step into the dynamic landscape of 2024, it's crucial for C-level executives to be at the forefront of emerging accounting trends. Here's a snapshot of the transformative shifts shaping the financial terrain: Blockchain Integration: ???? Blockchain's ... Read more