Financial Audit Services in Indonesia

A financial audit is a review of a company’s financial statements and supporting records to assess whether the reports are reliable, properly supported, and aligned with applicable reporting requirements.

Some companies are required to have their annual report audited, including companies that manage public funds, issue debt instruments to the public, are public companies, are state-owned companies, have assets or turnover of at least IDR 50 billion, or are required by other regulations.

Not every PT PMA automatically needs a statutory audit under the same condition. Audit requirements depend on company size, activity, regulatory status, shareholder requirements, lender requirements, group reporting needs, and other applicable rules.

Common documents include financial statements, general ledger, trial balance, bank statements, reconciliations, tax records, invoices, contracts, inventory records, fixed asset records, payroll records, and previous audit reports if available.

The timeline depends on company size, transaction volume, document readiness, account complexity, auditor requests, and the number of issues found during review.

A financial audit focuses on financial statements and supporting records. Internal audit focuses more broadly on internal controls, operational processes, risk management, and governance effectiveness.

Yes. Audit support can help Indonesian subsidiaries prepare reporting packages, supporting schedules, reconciliations, and explanations needed by parent companies or regional finance teams.

Audit readiness helps reduce delays, clarify documentation gaps, and minimize last-minute corrections. It also helps management respond faster to auditor requests.

Yes. Audit findings can help companies identify weaknesses in documentation, reconciliations, internal controls, account classification, approval workflows, and reporting processes.

Where a statutory audit opinion is required, it must be issued by a qualified public accountant or public accounting firm authorized to perform the audit.