Deloitte Indonesia’s Financial Accounting & Reporting Services helps companies address a wide range of issues around their accounting and financial reporting requirements, including the preparation of financial statements and regulatory filings, the application and implementation of complex accounting standards in accordance with IFRS and SAK, and Securities and Exchange Commission (SEC) reporting. We also assist in assessing the effects that accounting convergence and IFRS are having on companies, and understanding the implications of these changes and requirements across the organisation—all the while keeping an eye on the overall performance and success of the business. We use deep technical accounting knowledge to help enhance transparency, increase operational efficiency, reduce costs, and minimise compliance risks.
Deloitte Indonesia’s core offerings include Reporting & Accounting Advisory Services and IFRS conversion.
Organisations face increasing complexity in meeting their financial reporting requirements as regulations, accounting standards, and business needs continue to evolve. Changes stemming from market events, such as Mergers&Acquisitions (M&A), can heighten reporting challenges for organisations.
Drawing from Deloitte Indonesia’s extensive professional and technical resources, we provide a variety of services to assist organisations with their financial accounting and reporting requirements under PSAK and IFRS reporting, including:
Many of the accounting rules, as we currently know them, are changing as a result of on-going accounting convergence efforts between the Indonesian
Financial Accounting Standards Board (IFAS) and the International Accounting Standards Board (IASB). Several convergence projects are expected to have a significant impact on companies, in particular leases, revenue recognition, and financial instruments.
Deloitte Indonesia’s experienced teams work with organisations to help them address convergence in a comprehensive way — from information technology (IT) systems to taxes to valuation — the entire spectrum. Using this multi-functional approach, we help businesses prepare for and carry out change by providing support with technical accounting research, training and communication, project management, systems migration and more. It helps to work with a team that’s been there before. We understand the practical issues around IFRS from both the Indonesian and the global perspectives.
An IFRS Conversion Project can be divided into three phases: