Financial Audit Services. The purpose of a financial audit is to express an opinion whether the information presented in the financial report, taken as a whole, reflects the financial position of the organization at a given date and also complies to the statutory criterias in preparing such reports. For organizations that require an audit for statutory or regulatory reasons, KAP RTS provides high quality audit services in accordance with the Indonesian Standard of Auditing (Standar Profesional Akuntan Publik) on Financial Statements prepared under Indonesia Accounting Standards (PSAK) or International Financial Reporting Standards (IFRS).
Compliance Audit Services. Compliance audit Service focused on the activity of obtaining and examining evidence to determine whether an entity’s financial or operational activities are in compliance with any applicable requirements, requirements or regulations.
Operational Audit Services. We can help you to improve your organization’s value by evaluating the efficiency and effectiveness of your organization’s and/or activity and, therefore, to achieve your goals.
In addition to the traditional financial statement audit, most entities experience additional needs for independent, objective assurance on financial information, transactions and processes. Independent assurance and verification adds credibility to an entity’s disclosures and reporting, particularly when It is not a statutory requirement. We offer services relating to reviews of historical financial information by expressing negative assurance on such historical financial information.
Agreed Upon Procedures. We performs agreed-upon procedures service related to financial informations requiring procedures to be performed, which are agreed between an entity and a third party to produce factual findings about financial information or operational processes. Such procedures can include certain tests on accounts payable, accounts receivable, purchases, sales, certain operation and/or activity, etc. The objective of such is to carry out procedures of an audit nature and report the factual findings.
Activity Regarding Application of Precautionary Principle (KPPK). Any company domiciled in Indonesia which has foreign debt in foreign currency must submit an Activity Regarding Application of Precautionary Principle (KPPK) Report to Bank Indonesia, in accordance with Bank Indonesia Circular Letter No. SEBI.17/3/Dsta dated March 6, 2015. One of the requirements of the statute is that the fourth quarter Activity Regarding Application of Precautionary Principle (KPPK) Report of the Company has to be attested by public accountant firm. We provide such service for your regulatory needs.