Borrowing costs are interest and other charges that must be paid by companies that borrow money (debitors). Long-term borrowings in corporate finance practices are included in financing activities. Long-term borrowings should be used to fund investing activities, not operating activities. In the financial statements, investing activities are reflected in the non-current assets section, while operating … Read more
One of the company’s corporate actions to own another company is to buy most of the shares owned by another company. In the event that the Company acquires shares and there is a difference in the selling price between the book value of the shares and the sale and purchase value of the shares, goodwill … Read more
GOODWILL SW INDONESIA EXPLORES THE PHENOMENON OF IMPAIRMENT VALUE ON GOODWILL IN THE AUDITED FINANCIAL STATEMENTS 01. Accounting For Goodwill Goodwill is an asset that represents future economic benefits arising from other assets acquired in a business combination. 02. Audit Of Goodwill The ineffectiveness of the impairment value of goodwill is usually the main concern … Read more
COMPLIANCE SOCIAL SECURITY . TAX RETURN . STOCK EXCHANGE 01. COMPLIANCE OF HEALTH AND EMPLOYMENT SECURITY Every company in Indonesia is required to register all workers as member of the Social Security Administrative Body (BPJS), i.e. BPJS Employment and BPJS Health. For companies that do not register their employees to BPJS Employment and BPJS Health, … Read more
The development of digital technology has created an ecosystem for e-commerce which demonstrates cross-border business transactions, including the sale and purchase of Taxable Goods (BKP) and Taxable Services (JKP). Business entities that have been confirmed as Taxable Businessman (PKP) in Indonesia are bound by Value Added Tax (PPN) regulations for the transfer of BKP and/or … Read more
E-COMMERCE Business Environment of Online Trading Transactions 01. ACCOUNTING FOR E-COMMERCE E-commerce drives responses from accounting profession. 02. VAT ON E-COMMERCE Newest update in Value Added Tax regulation on e-commerce business. 03. IPO OF E-COMMERCE SECTOR IPO is a rational action for companies in e-commerce sector. 04. PROSPECT OF E-COMMERCE Prospect and contributions e-commerce to … Read more
Infrastructure is defined as the basic facilities, whether physical or social, of a particular community or area needed for community or organizational activities. In this article, we delve into the crucial realm of infrastructure companies audit, encompassing the evaluation and assessment of various infrastructure projects. These projects encompass a wide range of essential elements, including … Read more
Infrastructure development is the government’s capital sector to achieve more equitable economic growth. Infrastructure is used as one of the benchmarks of a country’s development. From time to time, the infrastructure built by the government is increasing. Taxes have an essential role because taxes are a source of state revenue to finance state spending, including … Read more
INFRASTRUCTURE Investment in Infrastructure Projects and its Compliance 01. INFRASTRUCTURE PROJECT AND ITS ACCOUNTING TREATMENT Companies engage into infrastructure projects must comply with certain statutory requirement specifically on the applicable accounting standard. Infrastructure projects is covered under the new accounting standard “PSAK 72 Revenue from Contracts with Customers”. 02. AUDIT DEVELOPMENT OF THE FINANCIAL STATEMENT … Read more
Agriculture in Indonesia is one of the key sectors within the Indonesian economy. Currently, approximately 30% (thirty percent) of Indonesia’s land area is used for agriculture. The agricultural sector of Indonesia consists of large plantations, either owned by state or private companies, and small-holder production modes, mostly family owned and run by traditional agricultural households. … Read more
Copyright © 2026 SW Indonesia
