Posts in category: Accounting Services

For business entities with lean management or for those seeking to expand or establish a subsidiary/ branch in Indonesia, for NGOs that are aiming their financial accounting in Indonesian site/ project, or entity with temporary project in Indonesia, outsourcing the daily accounting function has prevalently become an option. There are significant advantages for clients who decide to outsource their accounting tasks, i.e. cost-efficiency, better access to expertise and skilled human resources in accounting, flexibility in terms of employment, and a standardized accounting process. Therefore, a business entity can allocate its human resources to focus on the core business or strategic operation. Our distinctive mix of expertise in daily accounting services provides you with everything you need to build consistent, standardized accounting processes, and rigorous local compliance. This service comprises among others:

• Setting up Accounting Information System
• Daily bookkeeping/ accounting journal
• Bank reconciliation
• Petty cash mangement
• Invoicing
• Preparation of Interim Financial Statements
• Preparation of End Year Financial Statements

This service is intended to provide clients with a level of confidence in the accuracy of financial statements and is designated to issue pronouncements in connection with the unaudited financial statements or other unaudited financial information of nonpublic entities. The main goal of such review is to provide the basic level of assurance on the accuracy of (unaudited) financial statements.  This service is typically suitable for business owners seeking greater confidence in the financial statement, or for evaluation purposes. A financial accounting review is narrower in scope than a financial report audit. In the accounting review, our expert will issue a report that includes a conclusion as to whether any material misstatements have existed, so that modifications should be made so that the financial statement is in accordance with the applicable financial reporting framework. The clients commonly  combine the Accounting Review with our Tax Review Service.