The 13th edition of Annual State of the Internal Audit Profession Study
Our survey based on 70 interviews conducted globally found that "Prepared" and "Adaptive" are the key traits that enable Agile Internal Audit Functions to effectively lead in disruptive environment.
Cybersecurity incidents are daily news, with ongoing reports of escalating impacts and costs. There is a distinct shift in how organisations are now viewing cybersecurity, with forward-thinking organisations understanding that an investment in cybersecurity and privacy solutions can facilitate business growth and foster innovation.
We are close to a new IFRS Insurance contracts accounting standards. IFRS 17 (previously referred to as IFRS 4 Phase II) is expected to be issued in early 2017 with an effective date of 2021.
You can download the full version on our Actuarial Services page.
This publication provides a summary of the key differences between the Indonesian Financial Accounting Standards (IFAS) and the International Financial Reporting Standards (IFRS) that are required for annual reporting periods beginning on 1 January 2016.
This publication is a practical guide to the revised Indonesian Financial Accounting Standards (“IFAS”) and new interpretation which comes into effect in 2016. In order to further align IFAS with global standards, the Indonesian Financial Accounting Standards Board (“DSAK-IAI”) has amended several existing standards, containing amendments and annual improvement projects, and is introducing one new Interpretation.
This pocket guide provides a summary of the recognition, measurement and presentation requirements of Indonesia financial accounting standards (PSAK) applicable for financial statements beginning period on or after 1 January 2016, unless otherwise indicated. It does not address in detail the disclosure requirements under those standards.
This publication provides an illustrative set of consolidated financial statements, prepared in accordance with Indonesian Financial Accounting Stanards (IFAS) and best practices in the market, for a listed company. The financial report of PT Indonesia Tbk and subsidiaries contains a complete set of financial statements while the consolidated financial statements include the disclosures required by the IFAS applicable in 2016.
On 19 September 2016, the Indonesia Financial Accounting Standards Board (DSAK IAI) issued PSAK 70: "Accounting for tax Amensty Assets and Liabilities" (PSAK 70). The objective of the issuance of the standard is to provide specific accounting treatment related to the application of the Tax Amnesty Law.
In January 2016, the International Accounting Standards Board (IASB) issued IFRS 16 "Leases", the new Standard on lease contracts that will replace the old IAS 17 "Leases". IFRS 16 is effective for reporting periods beginning on or after 1 January 2019 for IFRS reporters.
IFRS 16 will fundamentally change the accounting for lease transactions and is likely to have significant business implications. Almost all leases will be recognised on the balance sheet, with a right of use asset and financial liability that recognise more expenses in profit or loss during the earlier life of a lease.
The Global State of Information Security® Survey 2016 is a worldwide study by PwC, CIO, and CSO. It was conducted online from May 7, 2015 to June 12, 2015. Readers of CIO and CSO and clients of PwC from around the globe were invited via email to take the survey.