Minister of Finance Decree 17/PMK.

01 /2008

Concerning Public Accountant Service

Attestation

Type of Services

Other attestation service

Audit service on FS Review on FS Supervison on Prospective financial statement

Chapter II

Management Taxation Consulting

Public Accountant

Minister of Finance represented by General Secretary authorize public accountant Public Accountant provide the services must have public accounting firm To be authorized Public Accountant, accountant must meet several requirement

Chapter III

Public Accounting Firm

Public Accounting Firm

Chapter IV

Proprietory

Fellowship

Public Accounting Firm

Licensing of Public Accounting Firm

Minister of Finance represented by General Secretary authorize public accounting firm To establish public accounting firm, leader of PAF propose the authorization to general secretary

Chapter IV

Foreign Public Accounting Firm

PAF could make agreement with Foreign Public Accounting Firm PAF using the name of Foreign Public Acounting Firm at office name, document, head of letter Authorization of using the name of FPAF is invalid when the licence of PAF is out of date.

Chapter V

Guidance and Supervision

Guidance

- PA is member of Association of Indonesia Public Accounting (IAPI) - PA must follow Pendidikan Profesi onal Berkelanjutan held by IAPI and PPAJP - PAF reporting annual report to general secretary: 1. Business Activity Report 2. Financial Statement of PAF - PAF and branch office lead by PA - PA is prohibited for being partner at more than 1 PAF

Chapter VI

Guidance and Supervision

Supervision

General secretary conduct annualy supervision on PAF General Secretary could ask IAPIs opinion Information gathered by Secretary General must be concealed General Secretary reporting supervision to public accounting firm

Chapter VI

Penalty

Chapter VII

The minister authorized to impose adminstative penalty PAF due to violation of administrative provision Penalty apply since it is approved

Transitional Provision

Chapter VIII

Application for the license of Public Accountant, business license of KAP, and/or establishment license of KAP branch office of which is still in progress, should be re-applied in accordance with the provisions set in this Law KAPA or OAA whose name has been included collectively with the KAP should register within no longer than 1 (one) year since the enactment date of this Law.

Rule Number VIII.A.2

In performing his/her professional services, especially in issuing opinion, an Accountant must maintain his/her independence. Public Accounting Firm must have quality control system that provides adequate assurance that the PublicAccounting Firm or the Personnel maintain their independence, with respect to the size and practical nature of the Public Accounting Firm.