Practice Profile

PricewaterhouseCoopers ( www.pwc.com) is the world's largest professional services organisation. Drawing on the knowledge and skills of more than 165,000 people in 142 countries (including 21,000 people in the Asia-Pacific region); we build relationships by providing services based on industry knowledge, quality and integrity.

Being part of a global partnership means we can investment in priority clients, sectors and markets and deliver leading edge ideas, products and services more quickly and effectively than our competitors. We work across borders without the constraints of geographic considerations and we work to a global standard and quality. Our global partnership structure enables quick decision-making and worldwide delivery of the best resources.

Our offerings have been organised into three Lines of Service, each staffed with highly qualified experienced professionals and leaders in our profession.

Assurance Services provides innovative, high quality, and cost-effective services related to organisations’ financial control, regulatory reporting, shareholder value and technology needs;

Tax Services provides a range of specialist tax services in three main areas: tax structuring, tax dispute resolution, and compliance;

Advisory Services provides comprehensive advice and assistance related to transactions, performance improvement and crisis management based on long-term quality relationships with clients and our financial analytical and business process skills.

With over 30 years experience in Indonesia, our Jakarta office has grown to over 800 professional staff, including 30 Indonesian national partners and expatriate technical advisers, combining international and local knowledge, skills and experience.

Our Indonesian Energy, Utilities and Mining practice comprises over 125 professionals across our three Lines of Service. This critical mass of professionals have deep industry knowledge and provide us the largest group of industry specialist in the Indonesian professional market.

Through our involvement with the Indonesian Petroleum Association (“IPA”), and the Indonesian Mining Association (“IMA”), we help shape the industry as it progresses towards truly world-class standards.

At PricewaterhouseCoopers, we help our clients solve complex business problems by combining a global mindset and local resources with positive action.

  Assurance Services Tax Services Advisory
  Within the Energy, Utilities & Mining (EU& M) industries, PricewaterhouseCoopers audits more energy, utilities and mining companies – than any other professional services firm. Our current audit market share of the world’s largest Energy companies is 48%. Within the Energy, Utilities & Mining (EU& M) industries, PricewaterhouseCoopers audits more energy, utilities and mining companies – than any other professional services firm. Our current audit market share of the world’s largest Energy companies is 48%. Within the Energy, Utilities & Mining (EU& M) industries, PricewaterhouseCoopers audits more energy, utilities and mining companies – than any other professional services firm. Our current audit market share of the world’s largest Energy companies is 48%.
Services
  • Our statutory audit provides an opinion on an organisation’s financial information; advice on controls and processing system weaknesses; confirmation of accounting treatments with respect to complex transactions; and specifically addresses any other regulatory reporting requirements such as those under Sarbanes-Oxley 404.
  • Our services include project management, technical and documentation support; risk assessment; solution design and implementation; change management and training; and quality assurance and review.
  • Due to the unique structuring of business ventures in the Energy sector, it is often necessary for non-operating participants to undertake audit procedures of the operator. Our Assurance professionals deep industry knowledge and core audit skills allow them to perform joint venture audits that focus on the issues that really matter.
  • Our team is able to help you structure your business in a tax-efficient manner, both locally and globally. We can help you construct effective cross-border strategies, manage your global structural tax rate and any potential exposures to taxation in Indonesia.
  • Early tax planning is essential to reduce both the actual transaction tax costs and the long term sustainable tax rate following a major transaction. When making an acquisition, disposing of a non-core business or going through a merger, companies need to identify and manage tax risk and ensure future net cash flows are optimized.
  • For corporate incometax (PPh 25/29), employee income tax (PPh 21) and individual income taxes (PPh 25/29), our compliance group offers unparalleled excellence. We have a skilled local territory tax team providing quality technical support that includes: annual corporate income tax return (CITR) and employee income tax return preparation or review thereof; a specialist group dealing with expatriate individual tax compliance, employee share/option plans and tax issues arising from international assignments; advising on import taxes (PPh 22) and withholding tax compliance (PPh 23, PPh 26 and PPh 4(2));
  • Our tax dispute resolution team works with clients both on a proactive and defensive basis, assisting clients right through from the pre tax audit stage (preparation and risk assessment) to the audit and post tax audit stages, to the Tax Court or Supreme Court level.
  • We are equipped locally to advise on the range of transfer pricing issues from CITR disclosures to dealing with TP documentation, competent authority information exchange and increased audit/inspection activity.
  • As the leading auditing and accounting firm, the tax professionals at PwC have significant experience with the review and analysis of the tax provision calculations, disclosures, processes and documentation related to their audit clients. We can also assist with FIN 48 reviews.
  • PwC's Transaction Services group for the energy practice advises companies in all sectors of the EU&M industry on acquisitions, alliances and divestitures. Our people help companies improve the way they do deals - whether buying a company, selling a business or raising capital - so that one successful deal leads to and funds the next one.
  • We can assist organisations that need help improving the quality and effectiveness of their internal audit processes by advising and assisting in the development of internal audit and risk management plans and methodologies, including assessing whether the internal audit function is delivering effectively to stakeholders. We also provide internal audit resource solutions, including full outsourcing or complementing in-house functions utilising experienced professionals with strong energy industry knowledge who are supported by subject matter specialists. In addition, we can develop training for internal auditors using our extensive market and industry knowledge to create highly-tailored solutions.
  • PwC offers an array of services to help clients deal with critical events as they occur. Some of our services utilised by EU&M companies include:- Business Recovery Services- Dispute Analysis and Litigation Support- Investigations and Forensic Services- Forensic Accounting and Analysis- Computer Forensics and Cybercrime Investigations
  • Performance improvement
  • Corporate Governance
Contacts