3E Accounting Use of Artificial Intelligence The accounting profession has embraced waves of automation to improve the efficiency and effectiveness of their work, the use of technology enablers such as artificial intelligence (AI) to replace humans for various job tasks is also an aspiration for many firms. Embracing the growth of technology, back in 2019,…
3E Accounting Is Asia-Pacific First Robotics Accounting Firm 3E Accounting is featured in Digital Journal, a global digital media network with million-high readership, as Asia-Pacific’s first robotics accounting firm. With Innovation in our DNA, we are constantly integrating and enhancing technology into all our business processes and we are delighted with this recognition of being…
Hedge Accounting: What is it, and How Does it Work? It is important for you to realize how hedging can impact your financial statements. Companies do hedging to minimize the exposure of firms to markets, but it does not impact the income statement through an unrealized loss/gain (P&L). Therefore, a lot of firms want to…
Yahoo News Indonesia Hails 3E Accounting as Asia-Pacific First Robotics Accounting Firm 3E Accounting has been featured on Yahoo News Indonesia as the leading robotics accounting firm to put to use robotics technology, disrupting the Accounting and Professional Services industry in Asia-Pacific. The firm would like to express appreciation for the excellent report from Yahoo…
Indonesia Collects $20.9m Digital Tax From 22 Digital Technology Companies as of October Under the recently-changed digital tax, Indonesia has garnered Rp 297 billion (US$20.9 million) from 22 digital technology enterprises, according to the Finance Ministry’s Taxation Directorate General on Monday. Aiming to implement the taxation to digital business movements in the country, the tax…
Indonesia to Raise the Cigarette Excise Tax by 12.5 Percent for 2021 Indonesia’s state government has announced its plans to raise the minimum price of cigarettes by 12.5 % in 2021, said a finance ministry spokesperson in an effort to reduce smoking rates. The Finance Minister clarified that the government had attempted to attain a…
Stakeholders Work to Promote Digital Sharia Economy in Indonesia Through promoting the services in Indonesia, Islamic fintech and finance institutions announced their goal of improving the community’s awareness of the digital sharia economy. The potential of the society in the industry was considered. A BWI survey showed that Indonesians only reached up to 50.4 on…
Government Promotes Indonesian Job Creation Law to Create Quality Employment and Attract Investors Indonesian President on November 2 has signed the Job Creation Bill, or referred to as the “omnibus law,” aiming to create quality employment and attract investors by reducing logistics costs. It was considered as a response to the economic impact caused by…
Indonesia Outlines 2025 Plans of Investing Rp725 Trillion in SEZ to Benefit More Workers The Indonesian government has outlined 2025 plans of investing Rp725 trillion in Special Economic Zones (SEZ) to benefit more workers. Tax incentives would be simplified and expanded to develop more areas and secure over $50 billion in these zones. According to…
UNTWO to Reopen Tourism in Bali, Indonesia Across Borders The World Tourism Organization (UNTWO) is ready to welcome international tourists in Bali, Indonesia, after the advanced collaboration with the Indonesian government and the Bali administration. According to the UNTWO Asia and Pacific director, the team had implemented high-grade health protocols devised to reopen tourism in…
