pwc indonesia corporate profile 2014

8/10/2019 Pwc Indonesia Corporate Profile 2014

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PwC Indonesia

www.pwc.com/id

Preservingloyalty and trust- to deliver value


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PwC Indonesia| Preserving loyalty and trust - to deliver value 1

About us

Our services

Industry focus

Our clients

Our people

PwC Corporate Responsibility

2

4

11

1213

15

Contents


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Operations in Indonesia

PwC Indonesia (PwC or we)comprises over 1,500 employees,including over 45 partners andtechnical advisors. Today, the servicesoffered by PwC are adding value in

virtually every industry and professionin every region of the country.

We have played an integral part in

the growth and progress of Indonesiafor the past 42 years having worked

with our clients to help them succeedthrough both buoyant and challengingeconomic environments.

Today we continue to work with largemultinationals, public sector entitiesand Indonesian companies, providingsolutions to complex business issues.

Our services are rendered throughseparate legal entities focusingon different aspects of the serviceofferings we provide, each of whichdraw on the collective resources andexperience of PwC rms, both here and

worldwide.

Create value, build trust

We help our clients nd businesssolutions by combining a globalmindset with the expert talents of ourpeople. We provide industry-focusedassurance, tax, advisory and consultingservices for public and private clients.We use our network, experience andbusiness understanding to build trust

and create value for our clients.

About us

PwC (www.pwc.com)provides industry

focused assurance,tax , advisoryand consulting

services to buildpublic trust andenhance value for

its clients and theirstakeholders.

2 PwC Indonesia| Preserving loyalty and trust - to deliver value

Very pleased to work

with the PwC team as our

business partner for the

long term. Keep up thegreat work and continue

to work hard to maintain

our relationship.

From PwC Indonesias

Client Satisfaction Survey


4/22

184,000

157

more than

people in

countries across ournetwork share theirthinking, experience, andsolutions to develop freshperspectives and practicaladvice.


PwC network structure

The PwC global network is structured as a network ofmember rms, operating locally in countries around the

world. It is this network that provides PwC rms with theexibility to share knowledge, skills and resources withspeed and consistency to the ultimate benet of our

clients.

In most parts of the world, the right to practice accountancyis granted only to nationally-based rms employingqualied professionals. Consequently, PwC memberrms are locally owned and managed in each country,but form an international team, thereby enabling a deepunderstanding of local markets and simultaneously

providing global insight.

PwC Indonesia is part of a globalnetwork of companies and worksclosely with the PwC East Cluster.The PwC East Cluster comprises 21

territories and almost 37,000people, over 1,700of whomare partners, enabling us to bettershare, collaborate and make strategicinvestments with our regionalcolleagues, while improving ourcompetitive ability to service globalclients.


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Our services

Building trust and enhancingstakeholder value

The industry-focused services provided topublic and private clients bring value tobusiness through sharing quality solutions.Our multi-disciplinary approach allows usto provide services beyond the audit andtaxation lines we are known for. We takepride in delivering value-added services byhelping our clients improve transparency,governance accountability, and nancialperformance and return.

PwC resources deliver the required expertise to deliver the

assessment, keep updated on the latest regulations, andmaintain a high calibre in all levels.

From PwC IndonesiasClient Satisfaction Survey

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Audit andAssuranceServices

Improve corporate reportingand provide assurancethat systems are operatingeffectively within a businessenvironment.

Provide assurance overthe quality of nancialinformation.

Financial statements audit Regulatory compliance &

reporting IFRS reporting

Internal audit servicesIndependent, objective consultingactivity designed to add valueand improve the organisationsoperation Internal audit strategy/

transformation/training Internal Control Review/

Co-sourcing Compliance review

Accounting advisoryNavigating the changing landscapeof nancial reporting

IFRS convergence Managing accounting changes Accounting advice and

support relating to events andtransactions

Training in nancial reporting

Capital market servicesLeverage deep knowledge of

both the Indonesian and globalexchanges and regulatoryprocesses to provide assistance inaddressing new challenges of the

current economic environment. Reporting on nancial track

records in prospectus Reporting on pro forma,

forecast and projections

Comfort letters on prospectusdisclosures

Independent controls &systems process assurance Internal control optimisation Third-party assurance and

compliance with regulatory

requirements (e.g., BOT, SEC) ERP assurance, pre-and

post-implementation systemreviewing

Data management systemsaudit (e.g., data quality reviewand computer-assisted audittechniques)

Internal controls

Compliance SmartClose

PwC delivered a awless

communication anddiscussion on the audit

process and approach.

Potential issues were

discussed to seek

solutions.

Extremely professional.We continue to learn a

lot about the changing

accounting world.



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Corporate tax Tax structuring &

planning Monthly & annual

compliance Tax diagnostic review

Rulings

International tax Tax planning Tax advisory Permanent

Establishmentexposure

Tax Treaty application

Transfer pricing (TP) TP documentation Risk assessment &

defense TP planning

Mergers andacquisitions (M&A)

Investment structuring Tax due diligence M&A transactions Post-transaction tax

integration

VAT Tax structuring &

planning Rulings

Tax disputes Tax audit, objection &

appeal Supreme Court

proceedings

Tax audit post-merger

Internationalassignments

Monthly & annual taxcompliance

Tax registration/de-registration(expatriates)

General queries & tax

audit

Customs Valuation &classication

Post clearance audit Trade issues Customs disputes

Customs planning

Investment andcorporateservices Investment: PMA

establishment &compliance

Payroll services Liquidation

Corporate secretary

Optimise tax efciencyand contribute to overallcorporate strategy throughthe formulation of effectivetax strategies and innovative

tax planning.

Tax Services

Awards International Tax Review -

Indonesian Tax Firm of the Year 2008

and 2010.


When I asked PwC to

give us a solution for our

tax problem concerning

VAT, PwC gave us a

practical solution

applicable to our needs.



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AdvisoryServices

Implement an integratedsuite of solutions coveringdeals and transaction

support, performanceimprovement, internalaudit and forensic services.

Transaction services Financial and tax due

diligence, performanceachievements andidentication of deal exposureand deal breakers

Review and inputs on Saleand Purchase

Agreements and other dealagreements

Transaction structuring

analysis and advice

Lead advisory Mergers & Acquisitions Divestments Private equity transactions Strategic options analysis Privatisations/Public Private

Partnerships (PPP) IPOs and fund raisings

Corporate value advisory Valuation of businesses, assets

and shares Transaction Negotiation Shareholder Value

Management Accounting Valuation Tax Valuation

Business recovery services Corporate restructuring Debt restructuring and

renancing Distressed merger and

acquisition Non-performing loan sale and

acquisition Business turn around

Optimised exit

PwC sets thestandard in the

audit and consulting

industry. With a

dynamic team and

good leadership, PwC

successfully built

up global empire

to meet the worlds

ever challenging

demands.


Maximisation of transaction benets such as:


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ConsultingServices

Consulting Services helpyou to improve yournancial and operationalprocedures and internalcontrols in a wide varietyof areas within yourorganisation.

Technology Technology roadmap

Technology strategy andvisioning Technology training and

workshops Architecture and application

strategy and planning IT PMO IT transformation IT sourcing

IT shared services IT due diligence

Finance Effectiveness Finance transformation Finance optimisation

Forensics & Security Services

Forensics technology services Fraud management and

investigation services Comprehensive investigative

due diligence services Whistleblower management Forensic accounting Quantication of loss Anti-money laundering &

sanctions Anti-bribery & corruption Intellectual property risk

management Anti-piracy investigations Licensing management services

Operations Operational excellence

Supply chain management Logistics management Process improvement Business service transformation

People & Change Organisation transformation Culture transformation HR transformation Talent management Change management and

communications Leadership coaching and

development

Sustainability &Climate Change Strategic sustainability Governance, risk and

compliance Supply chain and operations Assurance and reporting Tax and regulatory environment Fund management and

programme delivery Policy and economics


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OtherServices

The PwC team delivered

service beyond our

expectations.

Extremely satisfed!


Japanese Business services Considered as the leading rm in

Indonesia for Japanese Businessin terms of number of clients andbusiness volume

Strong dedicated team of Japaneseexpatriates. This team is part ofthe Global PwC Japanese BusinessNetwork that operates in morethan 80 countries.

The most active rm in Japanese

Business in Indonesia, conductingvarious seminars and trainingevents as well as issuingpublications in Japanese

Works closely with JapaneseInstitutions, including theJapanese Embassy, JICA, JETROand JJC.

Korean Business services First accounting rm to have

a dedicated team for Koreanbusinesses operating inIndonesia, advising on how toset up a business, compliance

with regulations and reportingrequirements, and assisting in

the unique business and marketenvironment in Indonesia. Works closely with Korean

professional associations,including KOTRA, the KoreanEmbassy, KAFA (Injaemo), KTA(trading industry), KERA (energyindustry) and KFA (nancialinstitutes).

Chinese Business Desk We have a team of Mandarin

speaking professionals in all majorlines of services, who are fullycommitted to serving Chinesecompanies operating in Indonesia.

A wealth of experience in dealingwith the typical issues faced byChinese companies doing businessin Indonesia, encompassing thebusiness establishment, tax, due

diligence, regulatory compliance,nancial reporting and auditing.

Our well-established connectionswith PwC ofces in China, HongKong and Taiwan, enables ourclients to access markets andprofessional expertise in thoselocations as and when they areneeded.


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I have always found

PwC people easilyaccessible for issues,

even on weekends.

Their transfer of skills

and knowledge is good

and they listen to our

position.


OtherServices

Entrepreneurial and Private Clients (EPC) PwC Entrepreneurial and Private Client Services (EPC) is a team of business

advisors dedicated to helping entrepreneurs, owner-managed and familybusiness leaders resolve day-to-day business issues, create value and achievelong-term success.

Our EPC team offers the perspective of a third party with professionalinsights, tax and other business advisory and accounting expertise. Thisincludes tax planning and structuring, nancial assurance, business funding& structuring, personal estate planning & wealth management, successionplanning, compliance, deals, strategy and operations improvement.

We provide all the practical and commercial assistance you need, delivered

in a way that is relevant and appropriate for your business and your family.We have built our success on developing trusted advisor relationships anddelivering solutions and ideas tailored to the needs of our clients.

Our EPC team is an integrated part of PwC EPC East Cluster team operatingin the Asia-Pacic region.

Capital Markets and Accounting Advisory Services(CMAAS)

Reporting accountants on initial public offerings (IPOs) (please see page 5on capital market services)

IPO advisory including, but not limited to, project management and strategy,issue resolution, technical accounting advisory and post-listing services

Accounting policy review and development Carve-outs and special purpose nancial statements for IPOs and other

capital-raising activities GAAP conversion Acquisition accounting and reporting (e.g., purchase price allocation,

intangible assets and income taxes) Accounting rectication and restatement Chart of accounts development Accounting policy manual Technical training and other knowledge-transfer assistance Finance transformation and reporting improvement


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PwC serves leading businesses in the sectors we focus on. The depth and breadth of our industry-focused services meanthat we look at business issues not just accounting and auditing matters while taking into consideration industry risks

and challenges.

By organising our services around industries we: Share the latest research and points of view on emerging industry trends Collaborate on business and accounting issues unique to individual industries, especially in situations where

interpretive guidance is required

Provide methodologies and best practice guidance in complex accounting, taxation and business areas

Consumer andIndustrial Products &Services (CIPS) Automotive Retail & consumer Plantation Infrastructure e.g. toll

roads, ports Pharmaceutical

Chemicals Transportation &

logistics Engineering &

construction Industrial

manufacturing Metals

Energy, Utilities andMining (EU&M) Mining Power & utilities Oil & gas Petrochemicals Related service

providers

Financial Services (FS) Banking & capital

markets Insurance Asset management Islamic banking &

nance Securities

Technology,Information,Communication &Entertainment(TICE) Technology Information &

communication Television & other

media Advertising Hospitality and leisure Entertainment

Government Government bodies Regulators

Industry focus

Industrycapabilities

PwC constantly updates us with

the latest industry updates. That

is a great help.



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Our clients

PT Adaro Energy Tbk

PT Astra International Tbk

PT Baker Hughes Indonesia

PT Bank CIMB Niaga Tbk

PT Bank Commonwealth

PT Bank Mandiri (Persero) Tbk

PT Berau Coal Energy Tbk

PT Bukit Asam (Persero) Tbk

PT Chevron Pacic Indonesia

PT Coca Cola Indonesia

ExxonMobil Oil Indonesia Inc.

PT HM Sampoerna Tbk

PT Indosat (Persero) Tbk

PT Jasa Marga (Persero) Tbk

PT Newmont Nusa Tenggara

PT Pertamina (Persero)

PT Perusahaan Gas Negara (Persero) Tbk

PT Rabobank International Indonesia

PT Rio Tinto Indonesia

PT Telekomunikasi Indonesia Tbk

PT Telekomunikasi Selular

PT Unilever Indonesia Tbk

PT Vale Indonesia Tbk

PT XL Axiata Tbk

PT Yamaha Indonesia

We expect experience

and knowledge and we are

satisfed with PwC.


PwC Indonesia provides industry-focused services for public and private clients in order to build public trust and enhancevalue. Our experienced staff, combined with our global network, provide a complete business consulting solution, tailoredto our clients specic needs. Our clients range from national and multinational companies to private businesses andcorporate entities.

The following list demonstrates the diversity of our client base:


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Our people

Our people are key to

PwCs successOur people form the bedrock of PwC. Inachieving a high-performing corporateculture, our talent management strategyincludes workplace activities such aspeople development and global mobility.Our workplace includes people frommany different countries to bring a unique

combination of skills.

People development

We recognise that our people need tobe developed in the necessary skill setsto deliver audits, compliance, tax and/or advisory services. Underpinning ourpeople development initiative is our talentmanagement framework which includes: Learning and development (both

technical and business skills). Ourlearning curriculum is reviewed andupdated annually to equip our people

in delivering high quality services, aswell as to reect current and emergingindustry trends.

Leadership development. At the moresenior level, we have several leadershipprogrammes which help us build futureleaders. Some of our key initiativesinclude Journey for Excellence (JFE),Inspiring Young Leaders (IYL),

and Genesis Park, a 10-week sharedresidential learning experience wherehigh performers from around the worldlearn to develop new thinking on keybusiness topics.

The partner is very resourceful

and has a very deep knowledge

in the accounting rules and

principals.

From PwC Indonesias

Client Satisfaction Survey

The partner and the

working team have a

very deep knowledge of

the company culture,

issues and challenges.



15/22


Global mobility

PwCs global mobility programme matcheshigh-performing individuals interestedin international assignments with PwCmember rms in need of support. Theseassignments, which can be short- or long-term, allow us to bring another dimensionto the services provided to clients whileaccelerating career development andpersonal growth.

As part of continuous improvement efforts,we seek feedback from our people throughour annual Global People Survey. Inensuring that we are on the right track to

making PwC a responsible organisation thatprovides its people with a great place to

work, we review how effective our people

initiatives are and how we can improve.


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PwC CorporateResponsibility

Through our Corporate Responsibility (CR) agenda, we aim to bea catalyst for change, which is about using our skills, voice, andrelationships to work with others and inuence activities that makea difference, create change and have a lasting impact on the worldaround us, and doing the right thing, which means playing our parton responsible business issues that are central to our business fromthe quality of our services and the diversity of our people, to ourengagement with communities and our environmental footprint.

These aims form the core of our global CR Strategy and across thePwC network, our rms support these goals. Our CR strategy istailored to our specic strengths and opportunities, as a network ofprofessional services rms. To align and structure our CR activities,

we focus on four areas in which PwC people across the world can playtheir part: responsible business, diversity and inclusion, communityengagement, and environmental stewardship.

PwC Indonesia | Preserving loyalty and trust - to deliver value 15

Diversity andInclusion

ResponsibleBusiness

CommunityEngagement

EnvironmentalStewardship


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Environmentalstewardship

Business, governmentand individual we areall responsible for the

preservation of our naturalenvironment. We work withour S&CC (Sustainabilityand Climate Change) teamin developing our carbonmanagement strategy.

Our activities currentlyinclude measuring our

environmental impact anddeveloping initiatives toreduce the impact of ouroperations. We also engageour people in environmentalactivities including Earth

Hour.

Responsible business

PwC is looking to buildcorporate responsibilityinto relevant services andproducts where it will helpus to deliver enhanced

quality and value.

Communityengagement

PwC people are inspired tohelp and connect with thecommunities in which they

live and work.

Our two main initiativesare the People Givingprogramme and CommunityDay where all staff areeligible for two days ofcommunity service leave

each year.

The Learning Farm

(TLF)

PwC has supported andfunded TLFs four-monthresidential life-skills trainingprogramme for vulnerable

youth through the mediumof organic farming.

PwC Village

Through this programme,

we have adopted an areain the Cileungsi district,Bogor, to help provideloans to women supportingtheir familys economy.This programme is run incooperation with KoperasiMitra Dhuafa using theGrameen approach, whichis based on the idea that thepoor have under-utilisedskills. Group-based creditutilises peer pressure toensure that borrowers usecaution and strict disciplinein conducting theirnancial affairs and making

repayments. This meansthat borrowers can developa good credit record.

Diversity andinclusion

In a competitive market,people are integral to anorganisations performance

and business success.Building an equal, diverseand rewarding workplaceculture helps to ensurethis. In achieving a high-performance corporateculture, our talentmanagement strategyincludes workplace

activities such as peopledevelopment and globalmobility.

Our collaboration withGerakan IndonesiaMengajar (GIM) and Kick

Andy Foundation are part

of our CR initiatives - anopportunity to share andcontribute within the skilled

volunteering area, using ourcore competencies.

16 PwC Indonesia | Preserving loyalty and trust - to deliver value

O d i

Our drive


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Our driveOur drive

Taking our leadership positionin the marketplace seriously

Our thought leadership - the means bywhich we articulate our distinctive pointsof view on major business and emergingtrends. Below are several recent PwC

Indonesia publications which exploresome of these issues.

Visit www.pwc.com/id to download ororder hard copies of reports

1. Indonesian Pocket Tax Book2. Indonesian Banking Survey Report3. Mining in Indonesia Investment

and Taxation Guide4. mineIndonesia - annual review of

trends in Indonesian miningindustry

5. Oil & Gas in Indonesia Investmentand Taxation Guide

6. An Investor Survey of theIndonesian Oil & Gas Industry

7. Power in Indonesia Investment and

1

54 6

7 98

2

Our drive:sharing points of view

3

10

Our thought


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gleaders

Thought leaders are people who combine warmth, humanity and passion with technicalexpertise - bringing the head and the heart together in their approach. They set direction

and provide guidance born of years of experience in professional services.

Irhoan TanudiredjaSenior [email protected]

Assurance

Ade [email protected]

Andry D [email protected]

Andy ChapmanTechnical [email protected]

Angelique [email protected]

Anthony HodgeTechnical [email protected]

Benson ChengTechnical [email protected]

Buntoro [email protected]

Chrisna [email protected]

Djohan [email protected]

Dwi [email protected]

Eddy [email protected]

Gabriel ChanTechnical [email protected]

Gopinath MenonTechnical [email protected]

Haryanto [email protected]

Jasmin MarananTechnical Advisor

[email protected]

Jim CrockfordTechnical Advisor

[email protected]

Jumadi AngganaPartner

[email protected]

Jusuf WibisanaPartner

[email protected]

Kees PoelmanTechnical [email protected]

Lok [email protected]

Lucas KurniawanPartner

Lucy SuhendaPartner

Nita RuslimPartner

Sacha WinzenriedTechnical Advisor

Our thought leaders

Our thought


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gleaders

Tax

Ali [email protected]

Anthony AndersonTechnical [email protected]

Anton [email protected]

Antonius [email protected]

Ay Tjhing PhanPartner

[email protected]

Brian ArnoldTechnical Advisor

[email protected]

Engeline SiagianPartner

[email protected]

Laksmi DjuwitaPartner

[email protected]

Margie [email protected]

Nigel HoblerTechnical [email protected]

Ravi GuptaTechnical [email protected]

Suyanti [email protected]

Tim WatsonTechnical Advisor

[email protected]

Advisory

Charles VincentTechnical [email protected]

Clifford D [email protected]

Joshua R WahyudiPartner

[email protected]

Marina [email protected]

Michael [email protected]

Mirza [email protected]

Rizal [email protected]

Triono [email protected]

Our thought leaders

Other


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contacts

Other contacts

Japanese Business Desk(JBD)

Ade EliminJapanese Business [email protected]

Mamoru HondaTechnical AdvisorJapanese [email protected]

Ryuji SugawaraTechnical AdvisorJapanese [email protected]

Korean Business Desk(KBD)

Entrepreneurial andPrivate Clients (EPC)

Taehun JungTechnical [email protected]

Wonil SeoTechnical Advisor

[email protected]

Dwi [email protected]

Chinese Business Desk(CBD)

Capital Markets andAccounting AdvisoryServices (CMAAS)

Benson ChengTechnical [email protected]

Gabriel ChanTechnical [email protected]

Jumadi AngganaPartner

[email protected]

Jasmin MarananTechnical Advisor

[email protected]


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2014 PwC. All rights reserved. PwC refers to the PwC network and/orone or more of its member rms, each of which is a separate legal entity.Please see http://www.pwc.com/structure for further details.

PwC IndonesiaPlaza 89Jl. H.R. Rasuna Said Kav. X-7 No.6Jakarta 12940 - INDONESIAP.O. Box 2473 JKP 10001

Telp: +62 21 5212901Fax: +62 21 5290 5555/5290 5050

PwC Indonesia is comprised of KAP Tanudiredja, Wibisana &Rekan, PT PricewaterhouseCoopers Consulting Indonesia, PTPricewaterhouseCoopers Indonesia Advisory and PT Prima WahanaCaraka, each of which is a separate legal entity and all of which togetherconstitute the Indonesian member rm of the PwC global network,

which is collectively referred to as PwC Indonesia.

pwc indonesia corporate profile 2014

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