This report is PwC Indonesia’s first transparency report for our Assurance practice in which we share what we’re doing and how we plan to build on the trust and confidence our clients already have in our assurance services. Quality is at the core of everything we do at PwC. Our practice is subject to internal and external review and we are proud of our achievements in this area.
Our assurance practice continues to evolve as we respond to changes in the market; we are experiencing a turbulent global financial environment, increasing scrutiny from local and overseas regulators and increased transparency from auditors following the introduction of the International Auditing and Assurance Standards Board’s long form audit opinion. Rules and regulations will only become more stringent, technology will continue to move forward, and stakeholders will look for more informative financial reporting.
With these increasing demands and expectations, PwC Indonesia is actively participating in conversations with relevant accounting bodies and regulators here in Indonesia and in South East Asia. Our goal is to reinvigorate the audit process and create more value for our key stakeholders. We have invested heavily in technology (Aura and Halo platforms), and will continue to do so, to support our Assurance practice as we not only look to improve the effectiveness and efficiency of our audits but to provide companies and audit committees with greater value and insight.