Indonesia

Details

Service: Audit, Advisory, Tax

Industry: Financial Services, Industrial Markets, Consumer Markets, Information, Communication and Entertainment, Infrastructure, Government and Healthcare, Funding Agencies, Private Equity, Japanese Practice

Type: Publication series, Regulatory update

Date: 11/29/2011

Indonesia - Issues and insights - Articles and Publications - Accounting and Financial Reporting Flash Alert

Accounting and Financial Reporting Flash Alert December 2011

This Accounting and Financial Reporting Flash Alert addresses a potential foreign currency trap that may impact your accounting and financial reporting requirements.

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Effective 1 January 2012 you must determine your functional currency based on PSAK 10 (revision) and initiate its use in recording foreign currency transactions and maintaining your books and records.

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