Technology

Accounting for E-Commerce: Conquering Challenges, Mastering Best Practices, and Maximizing Revenue Recognition

E-Commerce has become a locomotive for changes in the global business environment, which has sparked responses from various supporting infrastructures, including the accounting profession. The e-commerce business has several challenges and accounting considerations that many business people and their accountants are not aware of when they are still in their initial stage. Bookkeeping and accounting … Read more

IPO of E-Commerce Sector: Trends, Challenges, and Future Outlook

In the last two years, the Indonesia Stock Exchange (IDX) made history because it has emitent that organize IPO of E-Commerce. In 2021, PT Bukalapak.com, Tbk. (BUKA) conducted an initial public offering (IPO) and managed to reap IDR 21.9 trillion Rupiah. Meanwhile, in 2022, two e-commerce companies who had successful IPOs, namely are PT GoTo … Read more

The Prospect of E-commerce: Technology Driving Global Society towards Practical Goals

Technology directs the civilization of global society towards practical goals and has a central role in supporting human activities in all fields. The development of information technology into digital technology influences individuals’ daily activities. Technology provides various conveniences and solutions in everyday life including communications, access to information, trading, and completing tasks and transactions. One … Read more

Digital Innovation: Igniting a Transformational Era of Business Advancement

digital innovation

SW International Partners Conference 2023 (SWIPC 2023) invited an Expert in Information Technology and Digital Transformation, Prof. Richardus Eko Indrajit, PhD., as an expert speaker to provide the latest situation of the business environment in Indonesia – with the material on “Digital Innovation”. The presentation of complex material across disciplines is presented in the English … Read more

VAT on E-Commerce : Latest Tax Regulation – PMK No.60/2022

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