Accounting

Financial Compilation

Financial statements assembled from your records to a consistent presentation standard — for internal use, credit applications, and tax reporting.

Overview

Overview

Financial statement compilation is the work of producing financial statements from your existing accounting records — without an audit opinion, but to a presentation standard consistent with SAK ETAP or SAK Umum (PSAK). This fits companies that need statements for internal use, credit applications, or tax reporting — not published audit reports.

Compilation deliverables

  • Comparative two-year Statement of Financial Position.
  • Statement of Profit or Loss and Other Comprehensive Income.
  • Statement of Changes in Equity.
  • Statement of Cash Flows (direct or indirect method as required).
  • Notes to the Financial Statements at the level of detail the standard requires.
  • Tax reconciliation — explaining the difference between commercial and fiscal profit.

Process

We start from your bookkeeping data, review account consistency and classification, then assemble the statements in standard format. Where we find inconsistent journal entries or accounts needing reclassification, we discuss with your in-house accounting team before proposing corrections.

Separation from audit

Compilation does not include an independent opinion on the fairness of the financial statements. If you need an audit opinion, we introduce a partner audit firm that works alongside IBU — with full independence maintained per professional ethics.

Who It's For

This Service Is Designed For

This service supports various client types with different needs.

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Companies Applying for Credit

Businesses that need consistent financial statements for bank loan applications.

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SMEs Without Public Accountability

Private companies needing statements without a published audit opinion.

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Companies Preparing for Tax

Businesses needing statements as the basis for annual tax reporting.

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Teams in Accounting Transition

Companies whose in-house accounting team is changing or being rebuilt.

Service Coverage

Service Coverage

The full handling cycle under one coordinated team.

A comparative two-year balance sheet presented to a consistent standard.

Balance Sheet Comparative

The statement of profit or loss and other comprehensive income.

Profit & Loss Comprehensive Income

A statement of cash flows prepared by the direct or indirect method as needed.

Cash Flow Direct or Indirect

Notes to the financial statements at the level of detail the standard requires.

Notes Disclosure

A reconciliation explaining the difference between commercial and fiscal profit.

Fiscal Reconciliation Tax Basis

Advising on the right standard — SAK Umum, SAK ETAP, or SAK EMKM — for your scale.

SAK Umum SAK ETAP SAK EMKM
Benefits

What You Get

Strategic guidance at every stage — not just filing.

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Credit-Ready Statements

Consistent statements banks accept for loan applications.

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Tax-Ready Basis

Fiscal reconciliation built in, ready for annual tax reporting.

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The Right Standard

The accounting standard matched to your scale — not over-engineered.

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Consistent Classification

Accounts reviewed for consistency before the statements are assembled.

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Independence Respected

A clean separation from audit; we introduce a partner audit firm if needed.

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Decision-Ready Output

Statements you can actually use to run and finance the business.

Why IBU Consulting

Why IBU Consulting

What makes us a long-term partner of choice.

01

Official DGT Partner Since 2017

Official licence KEP-6376/IP.C/PJ/2020 — not just an ordinary tax-service office.

02

Partner-Led Engagement

Every engagement is led directly by a senior partner, not delegated to junior staff.

03

41+ Active Clients

Experience across MSMEs, PTs, and PMAs from a range of industry sectors.

04

Bali-Based, Serving Nationally

Local Bali regulatory knowledge with the capacity to serve clients across Indonesia.

05

Full Professional Certification

A team certified to USKP A/B/C, registered with IKPI and FKPI.

06

An Integrative Approach

Not tax alone — integrated with accounting, legal, and business strategy.

FAQ

Frequently Asked Questions

Answers to common questions about our services.

No. A compilation presents financial statements from your records to a consistent standard, but without an independent opinion on their fairness.
Yes. Compiled statements are commonly used for credit applications, internal management, and tax reporting. If the bank specifically requires an audit, we can introduce a partner audit firm.
The one that fits your scale — SAK Umum for entities with public accountability, SAK ETAP for most SMEs, or SAK EMKM for micro-scale businesses.
Yes. The compilation includes a fiscal reconciliation that explains the difference between commercial profit and fiscal profit.
We review it first. Where journals are inconsistent or accounts need reclassification, we discuss it with your team before proposing corrections.

Build your tax strategy with IBU.

Talk through your tax, finance, and legal needs with our team — we are ready to design the right solution in minutes.

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