Pwcid Company Profile 2018
Pwcid Company Profile 2018
Pwcid Company Profile 2018
www.pwc.com/id
Contents
About Us 2
PwC Purpose 4
Our Services 6
Industry Focus 16
Our Clients 17
Our People 18
Our Corporate
Responsibility 20
158
on different aspects of the service offerings we provide, each of
which draw on the collective resources and experience of PwC
firms, both here and worldwide.
countries
We help our clients find business solutions by combining a global mindset with the
expert talents of our people. We provide industry-focused assurance, tax and legal,
advisory and consulting services for public and private clients. We use our network,
736 locations experience and business understanding to build trust and create value for our
clients.
236,235 people In most parts of the world, the right to practice accountancy, legal or other
professional services is granted only to nationally-based firms employing qualified
professionals. Consequently, PwC member firms are locally owned and managed
in each country, but form an international team, thereby enabling a deep
understanding of local markets and simultaneously providing global insight.
11,181 partners
At PwC, our purpose is to build trust in society and solve important problems. Our purpose is founded in our heritage of
creating trust in the capital markets and providing advice to help public, private and voluntary organisations be successful.
Our aim is that while describing our work today, our purpose will also guide our decision-making and investment strategy
for tomorrow, ensuring our ongoing relevance and leadership in the marketplace.
PwC Indonesia, with research support from Oxford Economics, launched “Building Indonesia’s Future – unblocking the
pipeline of projects”, a forecast for Indonesia’s capital projects and infrastructure spending to 2025. The report looks at
infrastructure spending in Indonesia and compares projected spending to the Government’s targets. The main objective
of this report is to help the Indonesian Government and the private sector to work towards achieving the country’s
infrastructure goals.
PwC Indonesia has been reappointed as the financial auditor for the President’s Cup for the third year
running in 2018, appointed by the organisers who in line with the President’s objective, wanted this
tournament to run smoothly and with transparency, in line with PwC’s purpose and commitment to
society in this case through supporting transparency and financial accountability in sports.
PwC Indonesia was appointed as the independent knowledge partner for BKPM (the Indonesian Investment
Coordinating Board) for the revision of its policy on foreign investment restrictions (known as the Negative
Investment List/DNI). The revision was intended to provide more certainty to investors as part of the
Indonesian Government’s series of economic packages to attract more foreign direct investment.
Our Purpose
Investment
PwC Indonesia was appointed as the cybersecurity adviser for Kominfo to help prepare the
cybersecurity standard implementation roadmap for Indonesia, covering cybersecurity
standards (policy, structure, process, people and technology) and highlighting the existing
gaps in practice. PwC recommended 16 initiatives (categorised into six groups) ranging from
establishment of policies and regulations, cyber
risk management, capabilities development, cyber
awareness, CSIRT establishment and knowledge
sharing.
Our Services
• International Financial
PwC quality. sustainable practices Reporting Standards
• Save money by leveraging (IFRS) adoption or
our resources, talent and convergence
experience • Accounting standard
• Be “assurance” ready, changes
confident they are compliant • Accounting advice and
with regulations and support
building trust with their • Costing
stakeholders • Training in financial
reporting
Our services in Indonesia • Preparation of financial
include: statements
• Business controls assurance
(my business processes
“We are really satisfied
operate reliably as intended)
with this year’s audit • Performance assurance (my
team due to their commercial decisions are
cooperative work, measured and managed)
quick response, good • Business resilience (my
business is resilient to
knowledge and friendly,
outside factors)
honest attitude.” • IT risk assurance (my digital
risks are identified and
From PwC Indonesia’s managed)
Client Satisfaction Survey • Internal audit (the money
I spend on Internal Audit is
worthwhile)
Our Services
Refinancing
• Distressed M&A • Taking Control
• Business Turn Around • Joint Venture and Strategic
• Optimized Exit Alliances
Our Services
“PwC shares their thoughts for the Transaction Services
Corporate Value Advisory
best interests of its clients without • Financial and Tax Due
• Valuation of Business and
compromising their professionalism Diligence
Shares
as an independent consultant.” • Advice on Sales and Purchase
• Transaction Negotiation
• Shareholder Value Agreements
From PwC Indonesia’s Client • Transaction Structuring
Management
Satisfaction Survey
• Accounting Valuation
• Tax Valuation
Management Consulting
• Finance Function Effectiveness
• Operations, Supply Chain and Procurement
• People and Organisation
• Sustainability and Climate Change
• Program and Project Management
• Customer Relationship Management
Risk Consulting
• Risk and Governance
• Forensics
Technology Consulting
• Technology Strategy
• Enterprise Business Application
• IT Infrastructure & Information Management
• Cyber & Security Strategy
• Digital & Emerging Technology
• IT Delivery Optimization
• IT Portfolio & Program Management
• Data Analytics
Strategy Consulting
• Strategy Advice and Implementation
Our Services
Melli Darsa & Co. was established in 2002, and since • Tender offers
that time we have built a strong reputation as advocates • Takeovers, corporate restructuring, and
and legal consultants, providing value-added advice on reorganization
the complexities and challenges of the Indonesian legal • Farming in and farming out in O&G businesses
environment to both inbound investors and Indonesian
corporations. Corporate Advisory
From 17 July 2017, Melli Darsa & Co. has joined the PwC Our team has extensive experience in preparing advice
network of firms, complementing the assurance, tax, and documentation on:
financial advisory, and business consulting services that • The establishment of direct investment companies
are provided by PwC Indonesia. and representative offices
While technical excellence is at the core of what we • Joint ventures and strategic alliances
do, the breadth of our business and market insight • Joint operating arrangements for O&G businesses
differentiates us from traditional law firms, enabling us • General corporate matters and licensing
to deliver unparalleled focus and integrated services. requirements
• Real and intellectual property
Our core value is providing legal services, putting • Business competition
the needs and priorities of our clients first, while • Company liquidation
continuously improving our approach and continuing to • Various advice on environmental and procurement
do business ethically. matters
Our legal services include: • Anti-bribery and corruption
• Advisory on regulatory regimes and structures for
various industries and lines of services
Mergers & Acquisitions
The lawyers in our team have solid track records
in carrying out strategic and comprehensive M&A
transactions in the following areas:
• Key issue focus and comprehensive legal due
diligence
Employment reports filed with the OJK, the • Infrastructure project finance
We also have extensive experience Indonesian Financial Services transactions
of providing advice and preparing Authority, and the Indonesian
documentation relating to various Stock Exchange (IDX)
aspects of Indonesian employment: • Conducting legal due diligence Litigation and Dispute
• Preparing and advising on Resolution
• Various types of employment underwriting and trustee Our knowledge in the industry and
contracts agreements, and other familiarity with the business enables
• Company regulations, collective documents relating to capital our team to provide the best support
labor agreements, policies and markets and securities for clients in managing disputes. Our
procedures transactions services include:
• Advising on statutory employee • Advising on corporate actions
benefits • Advising and structuring on risk
regulated by the OJK, such as and management strategy
• Termination of employment conflict of interest transactions
relationships and establishing • Mediation and direct negotiation
and material transactions • Litigation in court and
alternative approaches • Advising on global and domestic
• Separation and release arbitration
ESOPs and MSOPs
documentation • Establishing Indonesian mutual
• Dispute resolutions, including funds (reksadana)
bi-party negotiation, mediation
at the Ministry of Employment, Awards
and proceedings before the Finance
Industrial Relations Courts and We have handled many corporate • Indonesia Law Firm of the Year
the Supreme Court finance and banking transactions, by IFLR - 2008 and 2010
on behalf of both lenders and
borrowers. We have worked on a • Top Tier Firm by IFLR - 2011 to
Capital Markets and
broad range of: 2015
Securities
We have consistently been the firm of • secured loan transactions and • Employer of Choice by Asian
choice for a number of international structured finance transactions, Legal Business - 2009 and 2011
investment banks in relation to including leveraged buy- • Recommended Firm for Energy
capital market transactions, and we outs, structured notes, and and Infrastructure by IFLR -
work seamlessly with other global securitizations 2014
firms specializing in securities • Advising on all aspects of a
work. Our lawyers are well-versed creditor’s rights and remedies • Private Equity Leading Firm by
in advising and provide counsel to • Advising on loan enforcement Asian Legal Business - 2015
clients in the following areas: and restructuring • In House Community Firm of
• Advising on bankruptcy The Year by Asian-Mena Counsel
• Preparation of offering circulars,
• Debt restructurings of private - 2011
prospectuses, registration
and publicly listed companies
statements, and various • The Recommended Firm by Asia
Law Profile - 2012
Specialist Services
Indonesia, conducting compliance, financial
various seminars and reporting and auditing.
training events as well as • Our well-established
issuing publications in connections with PwC
Japanese offices in China, Hong Kong
• We work closely with and Taiwan, enables our
Japanese Institutions, clients to access markets and
including the Japanese professional expertise in
Embassy, JICA, JETRO and those locations as and when
JJC. they are needed.
• We work together
Korea Business Desk with Chinese business
• First firm to have a dedicated associations in Indonesia
team for Korean businesses and regularly hold seminars
operating in Indonesia, and publish thought
advising on how to set up a leadership in Mandarin.
business, compliance with
regulations and reporting
requirements, and assisting
in the unique business and
market environment in
Indonesia.
• We work closely with Korean
professional associations,
including KOTRA, the
Korean Embassy, KAFA
(Injaemo), KTA (trading
industry), KERA (energy
industry) and KFA (financial
institutions).
Specialist Services
projects; assuring project costs; analysing disputes; and, conducting a post-completion review.
• Operating projects: Assessing and improving asset performance.
• Disposing of projects: Evaluating divestiture options and managing asset disposal.
Actuarial Services
A Jakarta-based team, serving the actuarial needs of business in Indonesia.Our actuarial practice, integrated
with our global expertise, has the breadth of expertise and experience to advise you on leading actuarial best
practice, identify risk and address complex actuarial related matters.
PwC’s industry-focused network is designed to anticipate and address your business needs. The depth and
breadth of our industry-focused services mean that we look at business issues – not just accounting and
auditing matters – while taking into consideration industry risks and challenges.
Industry capabilities
Industry Focus
• Government bodies
• Regulators
Our Clients
• Multi-national corporations
• Public and private entities
• National champions in every industry sector
• State-owned enterprises
• Entrepreneurial & Private Clients
• Donor funds and NGOs
People are the backbone of our high PwC Professional framework, i.e.
quality services. Our talent strategy is Leadership, Business Acumen, Global
drawn to help our people continuously Acumen, Relationships and Technical
develop their skills, grow their careers Capabilities.
and deliver consistently extraordinary
results for clients. Some of our key initiatives include
the BeLIEVe program (Becoming
In response to changes in the talent Leaders who Inspire, Empower, and
market, we are transforming the way create Value), Journey for Excellence
we attract, develop, retain and inspire and Genesis Park (Global), and tours
our people. We’re working hard to of duty for our high-performing staff
engage and empower our millennials, across the PwC network.
and re-defining our workplace culture
while continuing to meet the needs of
other generations.
Our People
PwC alumni are doing amazing things across Indonesia each and every day.
Our alumni program is about helping you stay a part of the PwC community and
connecting you to former colleagues, mentors and friends who have made an impact
in your career. It’s also about keeping you up to date with current business issues
and regulatory changes through the firm’s various publications, reports, events and
webinars.
Through our Corporate Responsibility (CR) agenda, we aim to be a catalyst for change, which is about
using our skills, voice, and relationships to work with others and influence activities that make a difference,
create change and have a lasting impact on the world around us, and doing the right thing, which means
playing our part on responsible business issues that are central to our business – from the quality of our
services and the diversity of our people, to our engagement with communities and our environmental
footprint.
These aims form the core of our global CR Strategy and across the PwC network, our firms support these
goals. Our CR strategy is tailored to our specific strengths and opportunities, as a network of professional
services firms. To align and structure our CR activities, we focus on four areas in which PwC people across
the world can play their part: responsible business, diversity and inclusion, community engagement,
and environmental stewardship.
In a competitive market, people PwC has supported and funded TLF’s Business, government and
are integral to an organisation’s four-month residential life-skills individual – we are all responsible
performance and business success. training programme for vulnerable for the preservation of our natural
Building an equal, diverse and youth through the medium of organic environment. We work with our
rewarding workplace culture helps farming. S&CC (Sustainability and Climate
to ensure this. In achieving a high- Change) team in developing our
performance corporate culture, our Capacity building through carbon management strategy.
talent management strategy includes simple audit simulation
workplace activities such as people workshop Our activities currently include
development and global mobility. measuring our environmental impact
PwC Indonesia also believes that and developing initiatives to reduce
Our collaboration with Gerakan high quality human resources is the impact of our operations. We also
Indonesia Mengajar (GIM) and Kick the first and foremost priority in engage our people in environmental
Andy Foundation are part of our CR providing the best quality of services activities including Earth Hour.
initiatives - an opportunity to share to our clients. In an effort to develop
and contribute within the skilled human resources in Indonesia,
volunteering area, using our core Responsible business
particularly in accounting, we hold
competencies. simple workshops at several leading PwC is looking to build corporate
universities in Indonesia to increase responsibility into relevant services
Community engagement the knowledge of students who are and products where it will help us to
aspiring to have a promising career as
deliver enhanced quality and value.
PwC people are inspired to help and auditors. In the workshops, students
connect with the communities in are given case studies related to
which they live and work. current business practice which allow
them to act as auditors.
Our two main initiatives are the
People Giving programme and
Community Day where all staff are
eligible for two days of community
service leave each year.
growth Thriving in a
slow-growth world
9 10 11
Indonesian Infrastructure
Stable foundations for growth
www.pwc.com/id
12
Irhoan Tanudiredja
Territory Senior Partner
[email protected]
Assurance
Ade Elimin Andry D Atmadja Angelique Daryanto Brad Peake
Partner Partner Partner Technical Advisor
[email protected] [email protected] [email protected] [email protected]
Yusron Fauzan
Partner
[email protected]
Tax
Abdullah Azis Adi Pratikto Ali Widodo Anton Manik
Partner Partner Partner Partner
[email protected] [email protected] [email protected] [email protected]
Advisory
Agung Wiryawan Joshua R Wahyudi Julian Smith Michael Goenawan
Partner Partner Technical Advisor Partner
[email protected] [email protected] [email protected] [email protected]
Consulting
Chairil Tarunajaya Lenita Tobing Malcolm Foo Marina Tusin
Partner Partner Technical Advisor Partner
[email protected] [email protected] [email protected] [email protected]
Other Contacts
Other Contacts
Japan Business Desk (JBD)
Michael Goenawan
Leader
[email protected]
Julian Smith
Leader
[email protected]
Actuarial Services
PwC Indonesia is comprised of KAP Tanudiredja, Wibisana, Rintis & Rekan, PT Prima Wahana Caraka,
PT PricewaterhouseCoopers Indonesia Advisory, PT PricewaterhouseCoopers Consulting Indonesia, and Melli Darsa & Co., Advocates and
Legal Consultants, each of which is a separate legal entity and all of which together constitute the Indonesian member firm of the PwC global
network, which is collectively referred to as PwC Indonesia.
© 2018 PwC. All rights reserved. PwC refers to the PwC network and/or one or more of its member firms, each of which is a separate legal
entity. Please see http://www.pwc.com/structure for further details.