We design ISQM 1 quality management systems, review internal control and governance, and develop risk management frameworks.
This includes the prudential principles (KPPK) for non-bank corporates with foreign debt, whose annual report must be attested by a public accountant.
Scope- ISQM 1 system design & implementationgovernance, risk assessment, engagement performance, resources and monitoring.
- Internal-control & governance reviewidentifying gaps and designing measurable remediation.
- Risk-management advisorya risk framework proportionate to the size and complexity of the entity.
- KPPK: preparation & attestationthe prudential principle report and its attestation by a public accountant.
What to watch for
Ownership of KPPK
KPPK sits between treasury, accounting and compliance, so it is easily missed.
Hedging ratios
The calculation requires organised foreign currency asset and liability positions.
Consequences of non-compliance
It can affect access to further foreign financing.
The quality system
A quality system has to be operated and monitored.
Related articles (in Indonesian)
Contact us
The initial consultation is free of charge.