The Company Law mandates that financial statements of a limited liability company must be audited by a public accountant registered in Indonesia if they meet at least one of the following criteria:

  • Companies with assets exceeding 50 billion rupiah (US$3.6 million);
  • Public companies;
  • Companies that issue debt instruments;
  • The company is a state-owned enterprise; or
  • The company collects or manages public funds (such as banks and insurance companies).