In order to strengthen the international cooperation network, the public accounting firm “Kuncara Budi Santosa” held a second meeting with Mr. Wayne Soo, a senior partner of one of the leading public accounting firms in Singapore. This meeting focused on discussing the next stage of cross-border auditing cooperation and international affiliation between accounting firms in Indonesia and Singapore.
The partnership is expected to improve auditing standards in both countries through the sharing of best practices and the latest technology in auditing.
As the Southeast Asian market becomes more integrated, the need for synergies between public accounting firms becomes more pressing to
support clients with cross-border operations. Both parties agree that this affiliation will create new opportunities to improve the quality of auditing
services, especially for multinational companies that require an integrated approach across multiple jurisdictions.
We are optimistic that the partnership with Singapore's public accounting firm will open up great opportunities for further development in cross-border audit and consulting services,” said Mr. Kuncara, Managing Partner of public accounting firm ‘Kuncara Budi Santosa’. “This is a step forward in ensuring that our firms can provide services that are in line with international standards, especially in the face of the challenges of globalization.”
The meeting also discussed plans for human resource development through professional exchange programs and specialized training for auditors in both countries. The program is expected to strengthen the expertise of local auditors with exposure to international auditing standards and practices.
Mr. Wayne Soo added, “This collaboration is important to improve audit quality in the Southeast Asia region, especially as more companies expand their operations in the region. We are excited to continue this cooperation and explore more opportunities for mutual growth.”
This move reflects the efforts of “Kuncara Budi Santosa” to strengthen its presence in the global market, while providing more comprehensive audit and business consulting solutions for clients operating in various countries. With this international affiliation, Kuncara Budi Santosa and its Singaporean partner firm are poised to expand their reach in the accounting and auditing industry in Southeast Asia.
This cooperation is also expected to contribute to the enhancement of economic relations between Indonesia and Singapore, particularly in the professional services sector.