We understand the monumental scale and intricate financial structures inherent in the Infrastructure sector. This industry, vital for national development, involves long-term projects, significant capital investment, complex financing arrangements, and often, public-private partnerships. Navigating its unique accounting treatments for construction contracts, asset recognition, and project financing requires an audit partner with specialized knowledge and foresight.

Our experienced audit team is proficient in applying International Financial Reporting Standards (IFRS) and Indonesian Financial Accounting Standards (PSAK). We bring deep expertise in standards crucial to infrastructure projects, including PSAK 115 (Revenue from Contracts with Customers), particularly for long-term construction contracts and concessions; PSAK 216 (Fixed Assets) for the extensive property, plant, and equipment involved; and PSAK 116 (Leases) for financing and operational lease arrangements of heavy equipment and facilities. We also focus on PSAK 111 (Joint Arrangements) for consortiums and partnerships, and PSAK 232 (Financial Instruments: Presentation) alongside PSAK 109 (Financial Instruments) for complex project finance debt and equity instruments.

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 cost overruns, project delays, contract disputes, and the long-term recoverability of assets. We also leverage SA 540 (Auditing Accounting Estimates) given the numerous significant estimates involved in large-scale projects. Our aim is to provide unwavering assurance over your financial statements, coupled with strategic insights to optimize project financial management, enhance internal controls over vast assets, and ultimately bolster stakeholder confidence in your long-term ventures.

We are your strategic partner in ensuring financial transparency, robust governance, and the successful delivery of critical infrastructure projects.