Given the significance of the analysis involved in transfer pricing, in the following article, the TGS AU Indonesia team will elaborate further on the implementation of transfer pricing comparability analysis for companies ..read more

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 Standard on Quality Control 1 (ISQC 1). So, what are the differences between ISQM and ISQC ..read more

In this article, TGS AU Partners will provide an understanding of the Agreed Upon Procedures concept and its application as a solution to intra-group service transaction issues ..read more

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, Nepal, China, and the Philippines ..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 reporting accurately and transparently reflects economic conditions. Here are some key points in the PSAK 14 update for 2024 ..read more

The implementation of SA 600 in auditing the financial statements of BLUDs and BUMNs is a critical step in preserving the credibility and transparency of these entities. Auditors must adhere to the guidelines provided in the 2021 revision of SA 600 to ensure that audits are conducted effectively, independently, and objectively ..read more

Implementation of the Principle of Recognizing Service Users (PMPJ) has been emphasized more in service sector. PMPJ has evolved into an essential foundation that needs to be applied to provide technical guidance, mandatory of Ministry of Finance (Kemenkeu) through PMK No. 155/PMK.01/2017 ..read more

In the context of an audit, the payroll business cycle is one of the important areas to examine. The payroll business cycle in the context of an audit involves a number of steps that are critical to ensuring compliance, accuracy, and reliability of financial information related to employee salaries and benefits ..read more

Understanding the various transaction cycles in an audit is important to properly plan and execute the audit. Here's how to understand some common transaction cycles in an audit ..read more

From a business perspective, tax compliance plays a crucial role in assisting companies in fulfilling their obligations effectively. However, it cannot be denied that in its implementation, companies may face several challenges. Therefore, through this article, TGS AU Partners will further discuss the challenges of tax compliance implications for businesses and tips to overcome it ..read more