We understand the complex and dynamic nature of the Transportation & Logistics sector. This industry, a crucial backbone of global commerce, faces unique challenges ranging from fluctuating fuel costs and intricate global supply chains to significant capital expenditures on fleets and infrastructure, alongside stringent international and local regulations. An effective audit partner must possess deep insights into these operational realities and their financial implications.

Our experienced audit team is proficient in applying International Financial Reporting Standards (IFRS) and Indonesian Financial Accounting Standards (PSAK). We bring specialized knowledge in standards highly relevant to transportation and logistics entities: PSAK 115 (Revenue from Contracts with Customers) for diverse service agreements and freight forwarding, PSAK 216 (Fixed Assets) for the extensive fleet, warehouses, and infrastructure, and PSAK 116 (Leases) given the prevalence of leased vehicles and facilities. We also focus on PSAK 202 (Inventories) for spare parts and supplies, and PSAK 111 (Joint Arrangements) for consortiums and partnerships common in large-scale logistics operations. Furthermore, PSAK 237 (Provisions, Contingent Liabilities and Contingent Assets) is crucial for understanding potential liabilities from accidents or regulatory non-compliance.

We rigorously apply International Standards on Auditing (ISAs) and Indonesian Auditing Standards (SA). Our approach emphasizes SA 315 (Identifying and Assessing the Risks of Material Misstatement) to address industry-specific risks such as fuel price volatility, cargo damage and loss, regulatory compliance, and complex intercompany transactions in global networks. We also utilize SA 540 (Auditing Accounting Estimates) for areas like depreciation of specialized assets and impairment assessments. Our aim is to provide unwavering assurance over your financial statements, coupled with strategic insights to optimize operational efficiency, enhance internal controls over assets and processes, and ultimately bolster stakeholder confidence in your financial performance.

We are your strategic partner in navigating the unique financial and operational challenges of the transportation and logistics industry, ensuring your financial reporting is accurate, compliant, and reflects your true operational strength