BDO Indonesia Company Profile 1

BECAUSE RELATIONSHIPS MATTER

BDO INDONESIA COMPANY PROFILE
BDO Indonesia
Head Office Building
 BDO Indonesia Company Profile 3

BECAUSE RELATIONSHIPS MATTER

BDO INDONESIA COMPANY PROFILE

u Foreword 04

u A Legacy of Perfection 06

u Our Culture 07

u Our Services 10
Audit & Assurance 11
Tax 12
Advisory 13
Business Service & Outsourcing 14
Valuation 15
Corporate Finance 16
Branding & Marketing 17
Hospitality 18
Human Capital & Training 19

u Our Expertise & Experiences 20

4 BDO Indonesia Company Profile

BDO Indonesia is a member of

BDO International, one of the largest
network of public accounting and
advisory firms in the world.

WELCOME TO
BDO
INDONESIA

Our founder, Mr. Richard B. Tanubrata had a dream when he established the firm
39 years ago, and he was certain that this dream will come true. By the blessing of
our Almighty God, his dream is now a reality as we have been and will continue to
grow as one of the largest accounting and advisory firms in Indonesia. This wonderful
achievement is also a result of the dedication, loyalties and commitment from our
lovely partners, directors and professional staff in delivering exceptional client service
to our valuable clients.

Wawat Sutanto
Executive Chairman
 BDO Indonesia Company Profile 5

In life, change is inevitable. In business, change is vital. “We do not sell products nor provide services. We are in
In the past, Exceptional Client Service has been a business of relationship.” I do believe quality of services
differentiator for us, but surely we will evolve our that we present to client is important. However, what
offering for clients by transforming into the first digital makes BDO Indonesia different from our competitors
organisation. The insight and value that we provide to is the way we treat our clients. Our tagline−because
you will be based on recent and trusted data. relationships matter−always becomes the guideline to
Welcome to the new era of BDO Indonesia. serve you, not only as our client, but also as our partner.

Athanasius Tanubrata Sylvester Wali

CEO Deputy CEO
6 BDO Indonesia Company Profile

A LEGACY OF BDO International History

PERFECTION
1963
Binder Seidman International Group founded
by firms in Canada, Germany, Netherlands,
UK and USA to provide comprehensive
1979 international service
BDO goes worldwide with a global-local
name concept, BDO replaces BSI

1993
On it’s 30th anniversary, BDO is represented
in 66 countries with 496 offices

2010
The BDO brand is strengthened when all
member firms adopt the single global
trading name, BDO, and a new visual
BDO Indonesia is one of identity is rolled out 2012
BDO celebrates the 50th anniversary of its

the oldest accounting founding. On the eve of the 50th anniversary

of its founding, BDO celebrates a 40%
2015 expansion in the network over the previous
firms in Indonesia BDO wins the prestigious Network of decade alone: 138 countries & 55,000 people
the Year Award at the International
providing audit, Accounting Bulleting (IAB) Awards 2015
2016
tax, and various advisory BDO announces a worldwide technology
and services collaboration with Microsoft, a

services with an in-depth clear demonstration of BDO’s leadership in a

profession undergoing digital transformation

understanding of local
The Future BDO Future Growth
and global market.

BDO stands for Binder Dijker Otte. BDO Indonesia,

The history of BDO went back to 1963
where it was founded by five original A Humble Beginning
member firms in the UK, Germany, the
“Rome wasn’t built in a day, but they
Netherlands, the US and Canada. In
were laying bricks every hour”.
1973, the British, German and Dutch
The journey to present the best possible
member firms adopted a common
service to our clients continues.
name whose acronym has endured for
the entire global network. That name Drs. Richard B. Tanubrata and
Hans-Heinrich Otte
was Binder Hamlyn (UK), Dijker & Co
(Holland), and Otte & Co (Germany) –
hence BDO. 1992 2015 2017
BDO Indonesia is a member of BDO KAP Drs. Richard B. BDO Indonesia launched BDO Indonesia
International Limited, a UK company Tanubrata was appointed Valuation Services – KJPP merged with one
limited by guarantee, and forms part by BDO International as Wawat Jatmika dan Rekan, of Indonesia's
member firm in Indonesia being the first Indonesian largest accounting
of the international BDO network Independent Valuer firm, and launched
of independent member firms. BDO associated with International new branch offices
Brand of Public Accounting
Indonesia has served both domestic and Advisory Network
and international clients since 1992.
The firm was founded by Mr. Richard
KAP Drs. Richard B. BDO Indonesia BDO Indonesia launched
B. Tanubrata on December 6th, 1979 Tanubrata was founded established Bandung BDO Entira, a digital
under the name of KAP Drs. Richard by Drs. Richard B. office serving clients in platform that enables
B. Tanubrata until it was appointed by Tanubrata larger area of West Java Clients in management
efficiency
BDO International as member firm in
Indonesia in 1992.
1979 2013 2016
 BDO Indonesia Company Profile 7

BDO in Numbers At BDO, we understand

Why BDO Indonesia
that exceptional service
$8.1 billion to our clients begins and We encourage collaboration
in an atmosphere of trust
Fee Income ends with exceptional and cooperation, mentoring,
consulting, and exchanging ideas.
regard for our people.
We seek out and develop talented
73,800+ We combine our sophisticated
array of services and access to
people with cutting edge creativity
and initiative to make a difference
Partners and Staff global resources with local expertise for our clients.
and personal attention of senior-
level professionals. We believe Our people have exceptional

1,500+ that this approach and our unique

positioning in the marketplace
technical and commercial skills and
we have absolute confidence in
Offices Across the Globe distinguish us in our ability to deliver their business ethic.
exceptional service by utilising five
attributes of our vision: client needs, Our people anticipate needs
communication, commitment, and solve problems with
162 people, and value. straightforward advice.
Countries and Territories BDO serves growth-oriented Our people are given the training,
companies, owner-managed opportunities and reward required
businesses with expanding to deliver exceptional client
international requirements,
114 governments, institutions, and non-
service.

Global Member Firms profit organisations. Increasingly,

BDO also serves prestigious multi-
national companies, state-owned
enterprises, large privately-owned
750+ companies, and also local and global
publicly traded companies.
Indonesian Partners & Staff

As per 2017
8 BDO Indonesia Company Profile

Leader for Exceptional Client Service

What truly sets BDO apart is our commitment to exceed expectations on every
engagement, big or small, for every client, local or multinational. It’s about our
depth of experience, technical excellence, our open communicative culture,
and our dedication in delivering service to every single client that is, without
exception, exceptional.
BDO Indonesia Company Profile 9
10 BDO Indonesia Company Profile

We offer our clients a We utilize our resources in audit,

accounting, tax, consulting,
We work hand-in-hand with you
throughout the journey with our pool of
comprehensive approach and advisory services, to deliver specialists in the following services:
personalized and flexible programs to
addressing their issues meet your unique expectations. u Audit and Assurance
and serving their needs. u Tax
With BDO’s extensive international
network, we are able to provide u Advisory
cohesive and complete support across u Business Services & Outsourcing
borders, cultures, financial budgets, and
economic positions. We mix our global u Valuation
vision with local emphasis to deliver our u Corporate Finance
services across various industries. u Branding & Marketing
u Hospitality
u Human Capital & Training
 BDO Indonesia Company Profile 11

AUDIT & ASSURANCE

Here at BDO, we believe BDO Indonesia provides excellent

Audit and Assurance services through
that Audit is not just a our more than 500 professionals.
WHAT WE DO
Our risk-based audit approach,
statutory requirement, which is developed under BDO Audit
u Audit of Financial Statement

but also an opportunity Methodology, helps you to focus on u Review of Financial Statement
business drivers, the associated risks,
to recognize major issues and potential effects on the financial u Reporting Accountants &
affecting your business statements. Initial Public Offerings

and to identify new With rapid changes in today’s business u Other Assurance &
world, companies constantly face new Attestation Services
perspective for future and increasingly complex risks. As part
improvements. of our audit process, it is our role to
assist you to deeper understand your
business and financial risks, and provide
you with the best solutions on how
these risks can be best addressed and
mitigated.

Our knowledgeable, skillful, and

experienced experts always stay abreast
of accounting developments. We ensure
that our team stay updated with recent
changes of accounting standards,
regulations, and reporting requirements
through continuous technical support
For inquiries on BDO's Audit & from our technical and training unit so
Assurance Services, please contact: that we could consistently deliver you
with excellent services. We also have
specific teams that constantly stay
updated with international accounting
and auditing standards such as IFRS,
US GAAP and ISA. Through our global
network and presence in more than 162
countries & territories, we are able to
leverage the expertise of our foreign
counterparts in supporting you on your
Fahmi cross-border transactions and formation
Managing Partner of Audit & Assurance of strategic alliances.
[email protected]
12 BDO Indonesia Company Profile

TAX

At BDO, we believe BDO provides a full spectrum of tax

and business advisory services to local WHAT WE DO
that tax is much more enterprises, public-listed companies,
multi-national companies and
than simply compliance individuals. Clients engage us because
u Tax Advisory
• Periodical Tax Compliance
– it is about taking a we understand their businesses and
• Business Tax Advisory,
current economic environment in
strategic and long-term combination with our specialised tax Structuring & Planning

perspective of your knowledge.

u Tax Health Check
unique circumstances as With increasing traffic of cross-border u Tax Dispute Resolution
transactions, our dedicated team of
we find ways to help you tax specialists in international taxation u Tax Due Diligence
identify and capitalise and transfer pricing is ready to provide
you with tax solutions that combine u Transfer Pricing
new opportunities. global capabilities and local expertise. • Transfer Pricing
Supported by our network offices across Documentation Compliance
the globe, we ensure that you could • Transfer Pricing Controversy
optimise your international operations and Litigation
and assure that your tax structure is
• Transfer Pricing Planning and
inline with your bottom-line financial
Risk Management
performance.
u Expatriate Tax
Our tax specialists are aligned to a
focused range of industries that enables u Customs
us to identify factors that help you
succeed in achieving your business
For inquiries on BDO's Tax Services, goals. As a result, you will benefit from
please contact: our solutions which we deliver based
on our thorough understanding of
your marketplace. We also place a high
priority on problem solving, creativity
and building long-term relationships
with our clients, striving to be your
trusted tax advisor.

Irwan Kusumanto
Managing Director of Tax
[email protected]
 BDO Indonesia Company Profile 13

ADVISORY

The core of our Advisory

WHAT WE DO
services is to truly
understand our clients’ u Risk Advisory
• Internal Audit
situation so that we • Risk Management
could provide them with • Forensic Services
our custom tailored • IT General Control
• Digital Forensic &
solution to meet their Cybersecurity
specific needs. u Accounting Advisory
BDO’s Advisory services are built to u IT Advisory
help our diverse range of clients with
a diverse range of needs in navigating u Financial Advisory
exceptional challenges, changes, and • Business Recovery
opportunities.
• Divestment & Acquisition
Our professionals are drawn from a • Fundraising
variety of multidisciplinary backgrounds; • Transaction Services
allowing us to deliver insightful, creative • Strategic Planning & IPO
and innovative solutions – regardless of Readiness
challenges and requirements.

For inquiries on BDO's Advisory

Services, please contact:

Ariston Sujoto
Managing Director of Advisory
[email protected]
14 BDO Indonesia Company Profile

BUSINESS SERVICES & OUTSOURCING

Our Business Services Payroll Services Treasury Services

Here at BDO, we understand that it is BDO has the experience and processes
& Outsourcing can be not easy to achieve a consistent payroll to give you comfort in outsourcing
service and also complexities, resources, solutions for this part of your business.
tailored to meet client’s and expertise required to deliver Defined policies and procedures,
specific needs, allowing multiple payrolls on time, together with strict approval processes
every time. by authorised personnel, ensures
our clients to select you can access timely and reliable
services appropriate to Bookkeeping & Accounting information on the liquidity of the
Services business at all times.
their situation. BDO provides bookkeeping services
whereby our team maintains clients’
accounting records on their behalf.
This service is geared to the needs of
each individual client.

Compliance Services
By having BDO as your chosen
compliance business partner, you will
be supported through the process BDO Entira has three platforms,
of drawing up the company’s tax of which consist of a project
returns and all related upstream and management platform and payroll-
downstream tasks. HR related platforms on offer,
which may assist you in the payroll
Corporate Secretarial service that you are looking to
BDO's corporate secretarial team ensure provide this particular client.
that compliance requirements of the
u Client Project Management
For inquiries on BDO's Business Services company's own articles of association
& Outsourcing, please contact: are complied with, both in terms of the u Employee Self-service
filing of statutory forms and the correct
drafting of documents to record the u Payroll Engine
actions of directors and shareholders.
Our corporate secretarial services are
designed to support management’s
tasks in particular maintenance of
statutory records, AGMS, general
company law compliance, appointment
and resignations of directors &
IGA Erna Dwi S. commissioners, liaising with notary, etc.
Director of Business Services &
Outsourcing
[email protected]
 BDO Indonesia Company Profile 15

VALUATION

BDO Valuation Services Providing a clearer picture of your

true value
provides transformative Every company and its underlying assets WHAT WE DO
(and liabilities) are unique. At BDO, our
insights to turn critical professionals draw on deep experience
u Valuation for Sales &
Purchase Transaction of:
and complex issues across all industries in order to deliver
• Property
focused service offerings tailored
into opportunities for specifically to your business. • Equity
growth, resilience, and • Business
BDO professionals provide a wide • Intangible Assets
long-term advantage. range of valuation and business analytic
services. Whether you’re a startup u Valuation for Financial
or among the Fortune 500, all our Reporting Purpose of:
offerings are scalable to your unique • Investment Property
needs. Our flat, non-bureaucratic
• Property, Plant & Equipment
structure allows us to be nimble and
responsive, all while drawing on the • Business Combination
resources of a global accounting and • Impairment Testing
consulting network. • ESOP Valuation
• Biological Assets
For years, leading companies have
turned to BDO because of our deep u Valuation for Real Estate
experience in valuing, modeling, and Investment Trust (REITs)
analysing business interests and their
u Valuation for Tax Purpose
underlying assets.
u Other Valuation Advisory
Services
For inquiries on BDO's Valuation • Fairness Opinion
Services, please contact: • Highest and Best Use
Analysis

Panca A. Jatmika
Managing Partner of Valuation
[email protected]
16 BDO Indonesia Company Profile

CORPORATE FINANCE

BDO’s Corporate Finance

WHAT WE DO
team has more than
2,000 professionals in 80 u Financial Due Diligence

countries and presence u Divestment and Acquisition

• Merger & Acquisition Strategy
in every continent. This
• Deal Origination
international coverage
• Buy Side Advisory
provides significant • Sell Side Advisory
representation in the
u Business Recovery
world’s key commercial Working with BDO allows you to take • Corporate Recovery/
and financial centers. advantage of global opportunities and Turnaround
resources while drawing on BDO’s
• Debt Restructuring/
local experience and knowledge. We
Reorganisation
can support you in identifying and
facilitating opportunities in Indonesia • Single Asset Distressed
and across the globe. Situations

u Capital Raising
Our professionals in corporate finance
understand the full complexity of deal • Debt Financing
issues, capital structures, and strategies.
• Equity Financing
With deep experience across industries,
our teams can offer companies a full • Refinancing
range of financial advisory services,
For inquiries on BDO's Corporate and our uniquely qualified perspective u Other Transaction Services
Finance Services, please contact: allows us to provide the exceptional • Business Plan Preparation/
insight and independence necessary to Review
render objective opinions.
• Financial Modelling
We can provide tactical guidance during (including Model Review)
every phase of the transaction process, • Financial Projection Review
including analyzing strategic liquidity
alternatives, assessing value, marketing • Feasibility Study
the deal through our global network,
and negotiating favorable terms for a
Athanasius Tanubrata
successful closing.
Managing Director of Corporate Finance
[email protected]
 BDO Indonesia Company Profile 17

BRANDING & MARKETING

BDO Branding & In marketing and branding, nothing

speaks louder than customer-centric WHAT WE DO
Marketing Services are actionable strategies and we are
committed to helping our clients
ready to assist clients to succeed. From conducting brand audits
u Brand Audit & Measurement
• Internal & External
grow their brands from to deriving brand strategies, each stage Brand Analysis
is carefully charted to suit each client’s
strength to strength and business needs and building their core • Industry & Market Analysis

help them stand out competencies, channelling hope and

potential into reality.
u Brand Platform &
Strategy Development
amidst stiff competition.
We trust that the fundamentals for u Brand Communication
building a positive brand perception is in Platform & Strategy
conveying a strong, clear and consistent
message while providing credibility to u Brand Visual Identity
both internal and external stakeholders. • Corporate Brand Identity
Translating into action what the
• Product Packaging
brand is about, delivering the brand's
distinctive promise throughout all u Strategy Implementation
customer touchpoints, connecting • Online Strategy
with them emotionally, motivating the
• Offline Strategy
buyer and establishing user loyalty are
nonetheless our key identifiers of a
successful branding exercise.

Whilst we cannot wholly control the

perception carved out in consumers’
For inquiries on BDO's Branding & minds, we can design it to our client’s
Marketing Services, please contact: advantage. A well-groomed brand will
offer the confidence needed to face
your competitors, win your customers
and attract the right employee for a
long time to come.

Sylvester Wali
Chief Marketing Officer
[email protected]
18 BDO Indonesia Company Profile

HOSPITALITY

Being constantly in Our hospitality team provides specialist

assurance and advisory expertise to a
touch with the latest wide variety of businesses spanning the WHAT WE DO
sector. Combining extensive specialist
issues, trends and hospitality consultancy, corporate
u Office Management
movements in the finance and taxation expertise, BDO • Meeting Arranger
have significant expertise in assisting in • Consultancy
hospitality market, turning around under-performing hotel
• Customer Service
both nationally and and leisure businesses and on advising
industry and Government agencies on
internationally, our sectoral development opportunities
u Leisure
and strategic planning. u Travel Hospitality
partners can assist
• Travel Agency
you in designing and Being constantly in touch with the
• Cafe & Lounge
latest issues, trends and movements
implementing the most in the hospitality market, both • Compliance Audit
suitable strategy for nationally and internationally, our
partners can assist you in designing • Certification
your business. and implementing the most suitable
u Event Management
strategy for your business. Our partners
equipped with a hands-on approach • Event Planner/ Event
and a team work spirit, support you in Organiser
assessing, selecting and implementing
• Corporate Event
with agility and speed innovative, yet
pragmatic solutions that bring the
desired results.

For inquiries on BDO's Hospitality Whether you are thinking about

Services, please contact: entering the market (through
development or acquisition), growing
or restructuring your company, or
fundraising, we are here to support you
meet your business and financial goals.

Debora Winata
Managing Director of
Hospitality
[email protected]
 BDO Indonesia Company Profile 19

HUMAN CAPITAL & TRAINING

Our team at BDO

believes great employees WHAT WE DO

are not born naturally; u Planning: u Human Capital Analytics:

instead they are the • Organisation Strategy Predictive HC data analytics
• Organisation Development to gain insights and improve
result of never-ending HC Roles as strategic business
• Manpower Planning Strategy
employees’ management partners.
u Recruiting:
process. • Recruitment Process
u Assessment Center:

Outsourcing We provide a well-designed

Proper and well-structured employees’ customised assessment center
• Executive Search as most commonly used for
management is necessary if the
organisation wants to achieve its u Developing: selection, promotion and
objectives. However, since the development of executives.
organisation consists of employees • Learning & Development
with diverse characters and traits, even Strategy u Training & Development:
come from different generations, their • Performance Management • Corporate Training
management is not a simple matter. Strategy • Public Training
BDO Indonesia’s Human Capital & • Career Development Strategy
Training team which consists of experts u Human Capital
with broad experience in management • Competency Development Information System
of employees are ready to help. Strategy
An integrated application to
u Maintaining: support the implementation of
• Compensation & Benefits Human Capital Management
For inquiries on BDO's Human Capital & Strategy which enables you to manage your
Training Services, please contact: employee-related information.
• Payroll and HR Administration
Service u E-Recruitment System:
• Benefit Management and The electronic handling of
Administration recruitment needs integrated
• Industrial Relation Strategy with various pre-hire psychological
• Work-family Life Balance online assessments and
Program technical exams.

u Retaining:
Benari Saraswardini • Retirement
Managing Director of
Human Capital & Training • Retrenchment Analysis
[email protected] • Bench Strength Strategy
20 BDO Indonesia Company Profile

OUR EXPERTISE & EXPERIENCES

DECADES OF PORTFOLIOS

For years, leading

companies have turned CONSUMER
to BDO because of BUSINESS INFRASTRUCTURE
our expertise and Today’s complex and rapidly changing Infrastructure projects in Indonesia
experiences in many market combined with technology remain a critical driver for growth
advancements has required businesses and regeneration in Indonesia
aspects and sectors to better adapt and respond to the economy. Our experts in BDO
market demand more accurately and Indonesia are well versed in helping
of business. BDO promptly. Hence, businesses need to clients to meet challenges in
provides transformative be more perceptive and innovative infrastructure projects by providing
towards these ever-changing audit, tax and advisory services.
insights to turn critical consumer preferences.
and complex issues
into opportunities for
growth, resilience, and
long-term advantage.

FINANCIAL
SERVICES MANUFACTURING

BDO’s Financial Services practice Being one of the most growing

draws on our deep industry knowledge, emerging markets in the world,
expertise, and experiences. Thus allow Manufacturing industry has boundless
us to understand your unique business opportunities in Indonesia. However,
needs so that we could develop to stay on top of the competition,
tailored solutions in helping you to manufacturers have to continuously
stay on top of this evolving and highly innovate and develop their competitive
competitive industry. advantages and use it as part of their
business strategy.
 BDO Indonesia Company Profile 21

NATURAL PROFESSIONAL REAL ESTATE &

RESOURCES SERVICES CONSTRUCTION
For industries in the Natural Resources BDO’s Professional Service experts BDO’s global real estate and
sector, BDO’s exceptional services can advise you on how to gain positive construction team are dedicated to
are delivered with our vast industry advantage in this rapidly changing thoroughly know and understand
knowledge combined with our business environment. Our services your business. We are commited to
global network. Our team has global include tax minimisation, ownership collaborate with you to effectively
resources and industry experiences advice, and regulatory compliance. achieve your business objective. Our
in all of the world’s mining, oil and We are commited to provide and experiences in utilising our resources
gas centres. Therefore, we could help deliver excellent and value added of our international network enable
you to navigate through tumultuous services to our clients. us to provide you with key audit, tax
landscapes anywhere in the world. and consultative advice, as well as risk
management, transaction services,
corporate finance and forensic services.

NON PUBLIC TECHNOLOGY, MEDIA &

FOR-PROFIT SECTOR TELECOMMUNICATIONS

BDO is passionate about the positive BDO’s Public Sector services is As innovation is indispensable to
changes that non-for-profit and supported by our distinctive depth of triumph in the wide range of technology
development projects can bring to capabilities and expertise. Our local and industry (software and hardware),
the communities and the country’s global resources allowed us to better media and telecommunications, BDO is
economy at large. We realize that understand the issues and challenges ready to grow with you.
Non-for Profit organisations are and provide the adequate tools to
founded upon strong relationships meet public objectives. We have strong
which is a value that BDO believes credentials working in public sector
and is known for. engagements for government, national
and multilateral entities and we have
also helped government entities in
developing tailored strategies and
implementing practical solutions to
make the most of the limited resources.
Do not copy or reproduce the content of this
document or using the identity or any design entity
of BDO brand without the knowledge and written
permission from BDO Indonesia.

2018 Copyright BDO Indonesia.

24 BDO Indonesia Company Profile

BDO INDONESIA BDO Indonesia, is a member of BDO International

Limited, a UK company limited by guarantee, and forms
part of the international BDO network of independent
Jakarta – Head Office member firms.
Prudential Tower, Fl. 16th–18th, & 20th BDO is the brand name for the BDO network and for
Jl. Jenderal Sudirman, Kav. 79 each of the BDO Member Firms.
South Jakarta – DKI Jakarta 12910

Business Desk & Lounge

UOB Plaza 35th Floor
Jl. MH Thamrin Kav.8–10
Central Jakarta – DKI Jakarta 10230

Bandung – Branch Office

Paskal Hyper Square, Blok B62
Jl HOS Cokroaminoto No. 25–27
Bandung – West Java 40181

Tangerang – Branch Office

Unity Building, 3rd Floor
Jl. Boulevard Gading Serpong M5/21
Tangerang – Banten 15810

Contact Us
Phone : +62-21-57957300
Fax : +62-21-57957301
Email : [email protected]

www.bdo.co.id