We understand the intricate operations and capital-intensive nature of the Industrial Manufacturing sector. This industry, characterized by complex production processes, global supply chains, significant investments in property, plant, and equipment, and evolving technological demands, requires an audit partner with a deep grasp of operational intricacies and their financial implications. From raw material procurement to finished goods distribution, navigating these complexities is key to sustained profitability and growth.

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 manufacturing entities: PSAK 202 (Inventories) for valuing diverse raw materials, work-in-progress, and finished goods; PSAK 216 (Fixed Assets) for extensive machinery, equipment, and manufacturing facilities; and PSAK 116 (Leases) for leased production assets. We also focus on PSAK 115 (Revenue from Contracts with Customers) for sales of goods and related services, and PSAK 338 (Intangible Assets) for patents, production processes, and intellectual property. Furthermore, PSAK 237 (Provisions, Contingent Liabilities and Contingent Assets) is crucial for assessing warranty obligations and potential environmental liabilities.

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 inventory obsolescence, production cost variances, supply chain disruptions, and the valuation of complex machinery. We also utilize SA 540 (Auditing Accounting Estimates) for crucial areas like inventory valuation and asset impairment. Our aim is to provide unwavering assurance over your financial statements, coupled with strategic insights to optimize production efficiency, enhance internal controls over vast inventory and assets, and ultimately bolster stakeholder confidence in your financial performance and operational resilience.