Who it is for
For companies
Our audit services give the people who rely on your financial information an independent view of it. We examine financial statements and give an opinion on whether they are stated in accordance with Indonesian Accounting Standards, and we also review internal controls, investigate suspected fraud and support transactions.
Audit services are provided by KAP Tanuwijaya dan Rekan.
What Audit covers
Choose a service to see when you need it, how we work and what you receive.
Audit
Overview
How we approach Audit overall. Choose a service in the list for its own detail.
When you need it
- Your financial statements must be audited for shareholders, lenders or regulators.
- You suspect fraud, or a dispute needs documented financial evidence.
- You are evaluating an acquisition target, structuring a merger or assessing an investment.
- You want an independent review of how your operations and controls work.
How we work
-
Plan
We agree the scope and timetable with you and identify the areas that need the most attention.
-
Examine
We test the figures, records and controls against the standards and procedures that apply.
-
Report
We issue our report and discuss our findings with your management.
What you receive
- An audit opinion or a report of our findings, as the engagement requires.
- A discussion of our findings with your management.
- Financial information that shareholders, lenders and regulators can rely on.
Audit
Financial audit
An examination of your financial statements, with an opinion on whether they are stated in accordance with Indonesian Accounting Standards.
When you need it
- Your financial statements must be audited for shareholders, lenders or regulators.
- A change in ownership or financing calls for independently examined accounts.
- You want readers of your financial statements to have an independent view of them.
How we work
-
Plan
We agree the scope with you and identify the areas of your accounts that need the most attention.
-
Examine
We test balances, transactions and disclosures against Indonesian Accounting Standards.
-
Report
We issue our opinion and discuss our findings with your management.
What you receive
- An audit report with our opinion on your financial statements.
- A discussion of our findings with your management.
Audit
Internal audit
A review of your organization's risk management, control and governance processes, with practical recommendations.
When you need it
- You want an independent view of how risks, controls and governance work in practice.
- Management or the board needs assurance on specific processes or departments.
- You are strengthening procedures and want to know where to start.
How we work
-
Understand
We learn your operations, risks and the processes in scope.
-
Review
We test whether the processes and controls work as designed.
-
Recommend
We report what we found and suggest practical improvements.
What you receive
- A written report of findings and recommendations.
- A discussion of priorities with management.
Audit
Fraud audit
An investigation of financial records to detect and report potential fraud, embezzlement and other violations.
When you need it
- You suspect fraud, embezzlement or another violation.
- A dispute needs documented financial evidence.
- You want to understand how a loss occurred and where controls failed.
How we work
-
Scope
We agree with you what is to be examined.
-
Investigate
We analyse the financial records and trace the transactions concerned.
-
Report
We document our findings in a written report.
What you receive
- A report documenting the facts we found.
- Observations on the control weaknesses involved.
Audit
Agreed-upon procedures
Specific procedures agreed with you in advance, performed on particular financial information and reported as factual findings.
When you need it
- A lender, regulator or counterparty asks for specific procedures on particular financial information.
- You need a focused review rather than a full audit.
- You want the scope of the work set out clearly in advance.
How we work
-
Agree
We settle the procedures to be performed with you and any other party concerned.
-
Perform
We carry out exactly those procedures on the information in scope.
-
Report
We report the factual findings, without an opinion.
What you receive
- A report of factual findings on the agreed procedures.
- A clear record of what was, and was not, examined.
Audit
Internal control review
A review of the controls that safeguard your assets and the reliability of your records, with observations for improvement.
When you need it
- You want to know whether the controls over your assets and records are adequate.
- Your business is growing and its procedures need to keep up.
- A previous audit or incident pointed to weaknesses in control.
How we work
-
Map
We document the processes and controls currently in place.
-
Test
We check whether those controls operate as intended.
-
Advise
We share our observations and suggestions for improvement.
What you receive
- A report of observations on your controls.
- Suggested improvements you can prioritise.
Audit
Financial due diligence
An independent review of the financial information behind an acquisition, merger or investment.
When you need it
- You are considering acquiring a business or investing in one.
- You want to understand the financial position behind the figures you were given.
- A lender or investor asks for an independent review.
How we work
-
Scope
We agree the questions the review must answer.
-
Review
We examine the target’s financial information and the quality of its earnings and balance sheet.
-
Report
We present our findings so you can decide with a clearer picture.
What you receive
- A due diligence report on the financial information reviewed.
- A discussion of the matters that bear on your decision.
Audit
Mergers and acquisitions
Support through a merger or acquisition, from evaluating a target to structuring the transaction.
When you need it
- You are planning to buy, sell or merge a business.
- You need support evaluating a target or structuring the transaction.
- You want an independent adviser alongside your own team.
How we work
-
Assess
We review the opportunity and the financial information behind it.
-
Structure
We discuss options for structuring the transaction.
-
Support
We support you throughout the transaction.
What you receive
- An assessment of the transaction from a financial perspective.
- Support in structuring the transaction and throughout it.
-
How we approach Audit overall. Choose a service in the list for its own detail.
When you need it
- Your financial statements must be audited for shareholders, lenders or regulators.
- You suspect fraud, or a dispute needs documented financial evidence.
- You are evaluating an acquisition target, structuring a merger or assessing an investment.
- You want an independent review of how your operations and controls work.
How we work
-
Plan
We agree the scope and timetable with you and identify the areas that need the most attention.
-
Examine
We test the figures, records and controls against the standards and procedures that apply.
-
Report
We issue our report and discuss our findings with your management.
What you receive
- An audit opinion or a report of our findings, as the engagement requires.
- A discussion of our findings with your management.
- Financial information that shareholders, lenders and regulators can rely on.
-
An examination of your financial statements, with an opinion on whether they are stated in accordance with Indonesian Accounting Standards.
When you need it
- Your financial statements must be audited for shareholders, lenders or regulators.
- A change in ownership or financing calls for independently examined accounts.
- You want readers of your financial statements to have an independent view of them.
How we work
-
Plan
We agree the scope with you and identify the areas of your accounts that need the most attention.
-
Examine
We test balances, transactions and disclosures against Indonesian Accounting Standards.
-
Report
We issue our opinion and discuss our findings with your management.
What you receive
- An audit report with our opinion on your financial statements.
- A discussion of our findings with your management.
-
A review of your organization's risk management, control and governance processes, with practical recommendations.
When you need it
- You want an independent view of how risks, controls and governance work in practice.
- Management or the board needs assurance on specific processes or departments.
- You are strengthening procedures and want to know where to start.
How we work
-
Understand
We learn your operations, risks and the processes in scope.
-
Review
We test whether the processes and controls work as designed.
-
Recommend
We report what we found and suggest practical improvements.
What you receive
- A written report of findings and recommendations.
- A discussion of priorities with management.
-
An investigation of financial records to detect and report potential fraud, embezzlement and other violations.
When you need it
- You suspect fraud, embezzlement or another violation.
- A dispute needs documented financial evidence.
- You want to understand how a loss occurred and where controls failed.
How we work
-
Scope
We agree with you what is to be examined.
-
Investigate
We analyse the financial records and trace the transactions concerned.
-
Report
We document our findings in a written report.
What you receive
- A report documenting the facts we found.
- Observations on the control weaknesses involved.
-
Specific procedures agreed with you in advance, performed on particular financial information and reported as factual findings.
When you need it
- A lender, regulator or counterparty asks for specific procedures on particular financial information.
- You need a focused review rather than a full audit.
- You want the scope of the work set out clearly in advance.
How we work
-
Agree
We settle the procedures to be performed with you and any other party concerned.
-
Perform
We carry out exactly those procedures on the information in scope.
-
Report
We report the factual findings, without an opinion.
What you receive
- A report of factual findings on the agreed procedures.
- A clear record of what was, and was not, examined.
-
A review of the controls that safeguard your assets and the reliability of your records, with observations for improvement.
When you need it
- You want to know whether the controls over your assets and records are adequate.
- Your business is growing and its procedures need to keep up.
- A previous audit or incident pointed to weaknesses in control.
How we work
-
Map
We document the processes and controls currently in place.
-
Test
We check whether those controls operate as intended.
-
Advise
We share our observations and suggestions for improvement.
What you receive
- A report of observations on your controls.
- Suggested improvements you can prioritise.
-
An independent review of the financial information behind an acquisition, merger or investment.
When you need it
- You are considering acquiring a business or investing in one.
- You want to understand the financial position behind the figures you were given.
- A lender or investor asks for an independent review.
How we work
-
Scope
We agree the questions the review must answer.
-
Review
We examine the target’s financial information and the quality of its earnings and balance sheet.
-
Report
We present our findings so you can decide with a clearer picture.
What you receive
- A due diligence report on the financial information reviewed.
- A discussion of the matters that bear on your decision.
-
Support through a merger or acquisition, from evaluating a target to structuring the transaction.
When you need it
- You are planning to buy, sell or merge a business.
- You need support evaluating a target or structuring the transaction.
- You want an independent adviser alongside your own team.
How we work
-
Assess
We review the opportunity and the financial information behind it.
-
Structure
We discuss options for structuring the transaction.
-
Support
We support you throughout the transaction.
What you receive
- An assessment of the transaction from a financial perspective.
- Support in structuring the transaction and throughout it.
