OUR SERVICES

Moores Rowland offers a full range of professional services including audit, accounting and outsourcing, tax, advisory and legal services for a wide variety of clients across the spectrum of industry sectors. With our unique approach we have the proven expertise and experience to help your organization to develop. Through our technical excellence combined with personal commitment we deliver tailor-made solutions to you, whether you are a listed or large corporate company, a public sector organization, owner-managed business or a private individual.

AUDIT

Financial audit services is all about producing trustworthy financial information, but at Moores Rowland Indonesia we go a step further than just making sure the figures add up. We can advise you on the consistency and reliability of your financial information.

As well as looking at your financial statements audit, we will help you improve the way that you produce and present economic and financial information - to help you manage risks effectively. You will also be in a better position to make strategic decisions and provide greater transparency to shareholders by conducting financial audit services in Indonesia.

Our highly technical staff have the right tools and methodologies to adapt to your organization’s needs. We can also call on our wider network of experts – from actuaries to internal control, financial modelling specialists and legal teams who can provide specialist solutions.

With more and more changes to financial regulations occurring, audit remains an important process to ensure trust and maintain ethical standards.

Moores Rowland will always provide:

  • A focused approach to the audit
  • The skills that are relevant to your industry sector
  • Excellent organizational skills
  • An effective control structure
  • Analysis of the most complex accounting processes in an economic context
  • Every assignment will be overseen by the partner in charge who is totally responsible for the client. This partner will always be your main contact point within Moores Rowland.
  • Ongoing communication with your company and management is part of our approach. We want you to be totally informed and in control of all the stages during our assignment so that you have the opportunity to ask questions or make adjustments in the process whenever you want to.

Moores Rowland will check that your accounting and financial information maintains consistency and transparency. Our specialist sector teams will focus on your specific industry’s needs – your strategy, operations and finances - because we want to establish a long-term working relationship with you.

Does your organization need support with the increasing demands of accounting standards?

We will make sure that you meet International Accounting Standards (IAS) and International Financial Reporting Standards (IFRS) in your year-end accounts. To meet these requirements we will provide:

  • Annual audits
  • Limited reviews of intermediary settlements
  • Examination of pro forma accounts
  • Analysis of complex accounting situations
  • A country and industry-specific approach

We have specific technical expertise in many complex areas of financial reporting such as:

  • Accounting for financial instruments and optimal hedging structures
  • Share option valuations and IFRS20 (IFRS 2) accounting issues
  • IFRS 3
  • Narrative reporting

We also can supply you with experienced technical trainers who provide tailored courses to guide your finance teams through the complexities of IFRS or GAAP requirements.

You may need to present your firm’s financial information for a business transaction, for example, an acquisition. A contractual audit will evaluate your processes.

Our specialists will carry out these contractual audits independently to make sure that you meet the demands of regulators and the expectations of the market - but also to optimize your financial reporting.

We tailor contractual assignments to meet your actual needs by:

  • Supporting you in preparing your listing
  • Providing pro forma accounts and optimized financial information
  • Processing accounts for complex operations (financing, outsourcing)
  • Making sure your financial statements meet IFRS/US GAAP standards
  • Preparing and reviewing ‘carve-out’ financial statements
  • Drafting manuals of accounting principles

More than 100 countries on all five continents require or permit the use of IFRS. Major economies in the Asia-Pacific, North America and Latin America have set a time line towards the full adoption of IFRS.

On 23 December 2008, the Indonesian Institute of Accountants, as the professional body mandated with the promulgation of accounting standards in Indonesia, issued a formal statement announcing its plan to have Indonesian GAAP fully convergent with the International Financial Reporting Standards (‘IFRS’) by 1 January 2012.

Whether you are already compliant or planning to adopt IFRS, Moores Rowland can help you.

We have developed a comprehensive knowledge of IFRS. Our approach is practical and focused on the substance of the transactions. We always favour the economic view.

  • First-time Adoption

Moores Rowland has many years of experience in helping clients with their transition from local GAAP to IFRS and in assisting them around the world to provide accurate and meaningful IFRS financial reporting.

  • IFRS Audit Services

With many clients preparing their financial statements according to IFRS, Moores Rowland has extensive experience in auditing IFRS financial statements. We perform our audits either in jurisdictions in which IFRS is mandatory or permitted for group reporting purposes.

ACCOUNTING AND OUTSOURCING

At Moores Rowland we are more than just accountants. We will draw up your annual accounts but also look at your overall finance administration. We will make recommendations to help you improve your accounting and outsourcing processes and the way you do business.

You can free up your time to concentrate on core business activities by outsourcing some of your day-to-day duties or more complex tasks. You can also choose the level of service you need. You may want us to prepare your annual statutory accounts, transaction services or provide a fully bespoke payroll or taxation solution, but with our accounting and outsourcing experts coming from a wide range of disciplines, we can build a bespoke team to suit your needs – whatever the size of your company.

Moreover, we go further than just reporting your current figures, for we will put these in context, comparing them to index figures and long-terms trends, thus providing you with a comprehensive view of your business, plus we can support you in further developing your business. 

So whatever your requirements, Moores Rowland will provide accounting and outsourcing services in Indonesia individually tailored for you. 

Do you need to consolidate your financial data or provide more accurate financial information? Our team of experts can provide you with the know-how.

We are there to support you long term – through your organization’s entire lifecycle and key business milestones. Moores Rowland is flexible and we can adapt our services to suit your business type and your objectives.

Our consolidation and reporting services include:

  • Outsourcing of your consolidation and reporting needs,
  • Information systems projects,
  • Organization and management projects,
  • Complex operations and during organization change.

By outsourcing some of your financial work to Moores Rowland, you can take the pressure off your team. If you are understaffed, you may fall behind in delivering accounts and financial information. We can step in and help you solve any problems as quickly as possible. We can assign you a management team, or take on a complex project, helping you meet the necessary regulations.

  • Accounting and financial consultancy

If you are going through times of change, Moores Rowland can help you build a new accounting framework and adapt to the way that you work, for example, for compliance or risk management. We can organize your accounts, audit and make sure they meet the relevant standards. We can help you implement risk management tools.

  • Financial performance

Our teams at Moores Rowland as an accounting firms Indonesia have the expertise to help you monitor financial production and improve performance. We can look at ways of optimizing your administrative and financial reporting and streamline your processes by increasing the speed and efficiency of your work. We can set up management charts and put indicators in place to help you control your financial activities.

  • Bookkeeping

We can help you compile your accounts in the most cost effective and time efficient way, helping you meet your year-end deadlines. We can help with bookkeeping, setting up your accounts and revising them for year-end.

  • Credit Management

Do you need to focus your working capital requirements or improve your cash flow? We can help you manage your finances and help you reduce your costs in doing so. Our services include:

  1. Establishing your credit management policies and procedures,
  2. Defining and implementing action plans that will reduce your working capital requirements,
  3. Setting up or improving your client risk management processes.
  • Tax advice

Moores Rowland's tax advisers can also take care of all your tax returns (wage tax, VAT and corporation tax) and help you in setting up the appropriate structure, while working in line with any financial administration. Moores Rowland operates an international network of tax advisers to guarantee optimal tax planning. Our tax advisers have knowledge in the fields of expat regulations, advance rulings, transfer pricing and restructuring. International business means the cross-border movements of goods and invisible trade. This automatically leads to VAT, import duties and excise requirements. Moores Rowland has a team of specialists who can advise you, take care of the formalities and look after your business as your fiscal representative.

We know how key your people are to the success of your organization. You might need specialist HR advice, or help with drawing up an employment contract or finding the right person for a key role. We can take on your HR management: the terms and conditions of employment, working conditions, pension and leave schemes, social security, dismissal procedures, or constantly changing regulations in this field – leaving you to concentrate on your staff. On training, retaining and rewarding them.

Moores Rowland’s HR services include:

  • Preparing essential documentation to meet legal requirements and make sure you are protected in the event of a claim. We help with employment contracts, employee handbooks, HR policies and procedures and standard letters.
  • Executive recruitment – we manage the whole recruitment process, from the scoping of the position and screening of applications.
  • HR health checks to make sure your employment policies, procedures and practices are up to date and in line with best practice and legal compliance.
  • Training and development to help your employees realize their full potential – to help your business grow. We provide workshops and programmes tailored to your needs. We can help you identify and retain the talent in your organization.
  • Retained HR support - we can take on all of your HR requirements if you have little or no HR expertise.

 

Payroll and administration

We can provide you with a comprehensive computerised payroll service with security payslips, P45 forms etc. We can also talk to the tax department about employee tax matters on your behalf.

 

Organizational change

At Moores Rowland we can help you manage and communicate change within your organization. For example, during redundancies, providing support, advising on legislation or developing internal communications strategies.

At Moores Rowland we can help you with your payroll and administration work. We can take on all or a part of your wages processing – helping you design the most effective pay and administration system. We can save you time and help you reduce your HR running costs. Above all we will ensure your staff are paid on time.

Our services are tailored to suit your individual needs. They include:

  • Managing and processing pay, providing you with a comprehensive computerized payroll service with secured payslips, forms etc,
  • Improving or setting up your payroll duties,
  • Managing your HR systems,
  • Providing specialists in tax and social security advice, HR, accounting and financial services.

With the sky-rocketing costs of medical insurance and given that many companies historically encounter lower claims reimbursement than yearly insurance payments, it’s an increasing trend for companies to investigate the financial benefits of self-insuring, particularly outpatient claims. Given this trend, we are now offering services to help you administer your self-insured reimbursement of medical costs for your staff.

Basically, we will render assistance to facilitate the administration process in order to meet the payment timing and to ensure that the medical reimbursements are in accordance with the Company’s policy and available limits. Most importantly, these reimbursements will be reviewed by our qualified Doctor to ensure their technical consistency.

The main objective of the product is to reduce the tedious administrative work of your employees and subsequently improve the efficiency of your department. Further analysis has also shown that there are substantial cost savings associated with this particular outsourcing compared to managing the administration internally or even through a third-party insurance agency.

While managing medical reimbursements internally can bring efficiencies, administrative staff in general often do not have the necessary technical medical skills to read and approve that the diagnosis/sickness is indeed covered under the Company’s medical policies. To date, however, the only alternative has been to pay what may turn out to be very costly premiums to a third-party company.

What we are offering is the best of both worlds, savings accruing from the fact that reimbursement of medical, plus our professional service fees may be far lower than standard premiums charged by third-party companies. Again, this has typically been the case with outpatient reimbursement whereby the company maintains its inpatient third-party insurance. Savings on total outpatient costs can be 40% or even more.

 

Three main benefits

  • Eliminate tedious administrative work
  • Administrative staff do not usually have medical knowledge
  • Estimated cost savings of approximately 40% compared to insurance premium payment

 

Scope of Services

  • Initial medical reimbursements policies and procedures development
  • Administration of self-insured medical reimbursement in terms of:
    • Technical Medical (reviewed by qualified doctor)
    • Limits available
  • Payment processing of the medical reimbursements
  • Reporting e.g. Medical limit updates & Medical analysis reports, common sickness.

PAYROLL OUTSOURCING

We can provide you with a comprehensive computerised payroll service with security payslips, P45 forms etc. We can also talk to the tax department about employee tax matters on your behalf.

TAX

Moores Rowland in Indonesia is a member of the Praxity alliance with a presence in major economies of the world, so we understand the complexities of tax in today’s global economic climate.

Moores Rowland in Indonesia and Praxity firms provide both national and international tax services to a diverse global client-base. We work with global owner-managed businesses and European listed companies, but also with local companies, and private individuals. So wherever you are located, we can support you with local and global advice.

You can call on our (inter)national tax services team for advice on tax compliance and tax advisory services. We can provide specialist advice on mergers, acquisitions, and transfer pricing or setting up a new financial operation overseas. We combine this knowledge with our wider in-house expertise in other areas such as European case law and cross-border property transactions.

Moores Rowland can assist and advise you in a number of other ways. We can help you:

  • Determine the most tax efficient way to structure your foreign business,
  • Structure the funding of your overseas business, incorporating a country’s tax laws,
  • Manage an effective tax rate and the timing of your transactions,
  • Provide expatriate tax services.

Filing a tax return correctly and on time can be a time consuming task.

Tax returns - from income tax, corporation tax, and dividend tax to gift tax or inheritance tax - provide important information for the taxman and can also reveal areas where you can make savings. Moores Rowland will complete your return, provide you with a summary of its content and point out where tax savings can be made.

But we can also help you in determining your fiscal position, and can get in contact with tax authorities on your behalf. Other activities we can carry out for you are wages administration, data collection and re-analysis.

Increased regulations and reporting obligations take a lot of time.

Moores Rowland’s Tax Advisory Services can advise you on the increasing risk to your company due to the changing tax environment, by

  • Managing your tax planning in an efficient manner, or
  • Implementing your organizational change in a tax efficient manner.

We can also deliver tailor-made advice in the field of structured finance, strategy on tax litigation, real estate transactions and tax structuring on M&A assignments.

Our corporate tax teams have the knowledge to help you with your tax audits and build your tax strategy.

We understand the industry in which you operate and the way your organization works – the needs of your directors or shareholders.

We are aware that your tax liabilities can grow with your business, so our corporate tax services are tailored to every stage of your organization’s lifespan. No company is too small or too large for us – we cater from owner-managed businesses to international groups.

You can come to our international tax teams for all kind of specialist tax advice.

We can:

  • Help you through your cross-border merger or acquisition,
  • Support your transfer pricing and international financing operations,
  • Or help you set up your new operation overseas.

Do you find employment tax complex and time consuming? Our experts at Moores Rowland can ease the burden.

We can guide you through the complexity of international tax regulations.

But we are also hands-on in our approach.

We can:

  • Help you with the day-to-day administration,
  • Help you establish employment tax strategies to maximize your profits,
  • Advise you on suitable share schemes and expatriate tax issues.

As the finance director of a major C