In any company, accounting services are of critical importance and any company that fails to acquire the essential accounting services will be expected to experience many problems.
Even though Indonesia does not have a law that specifically regulate matters concerning financial reports, a bookkeeping system is still in compliance with Indonesia accounting services standards found in various laws and regulations. After incorporating a company in Indonesia, you should take note of your accounting and auditing functions.
Timely and accurate financial information is crucial for a company to maintain a competitive advantage in today’s dynamic business environment.
Accounting refers to the bookkeeping system that follows Indonesia’s accounting standards included in the Limited Liability Company Law and the Tax laws.
Auditing, on the other hand, refers to the systematic and independent examination of books, accounts, documents, and vouchers of a company to have a rough gauge of how far the financial statements presented are to a true and fait view of concerns.
Audit professionals provide a range of independent audit services based on a strong knowledge of accounting principles. These are complemented by an appropriate knowledge of business systems, processes, and controls.
By having an audited business, you will gain credibility from shareholders and investors.