Publication: Indonesia : Accounting and Auditing
Date
2011-04
ISSN
Published
2011-04
Author(s)
World Bank
Abstract
This report is part of a joint
initiative of the World Bank and IMF to prepare Reports on
the Observance of Standards and Codes (ROSC). The ROSC
Accounting and Auditing review for Indonesia mainly focuses
on the strengths and weaknesses of the accounting and
auditing environment that influences the quality of
corporate financial reporting. It involves both a review of
mandatory requirements and actual practices. The reference
points of international standards used in this report are
International Financial Reporting Standards (IFRS)
International Standards on Auditing (ISA) and international
experience and good practice in the field of accounting and
auditing regulation. The methodology used to conduct the
analytical work for preparing this report includes
application of the ROSC Accounting and Auditing diagnostic
review. Developed by the World Bank, the diagnostic template
was complemented by a comprehensive due diligence exercise.
The World Bank ROSC team met with key stakeholders involved
in accounting and auditing and corporate reporting in
Indonesia. Also, several discussion forums were held with
groups of preparers and auditors of financial statements,
investors, and financial analysts.
Citation
“World Bank. 2011. Indonesia : Accounting and Auditing. © Washington, DC. http://openknowledge.worldbank.org/entities/publication/1d76323a-6eb3-5434-a016-46332967cfd8 License: CC BY 3.0 IGO.”