Application of the Principle of Going Concern towards the Business of Bankrupt Debtors
Law Number 37 of 2004 on the Bankruptcy and Delay of Debt Payment Obligations (PKPU) carries a principle called “going concern”. This term is commonly used in the field of accounting related to the financial statements of a company (entity) made by public...
Multiple Stock Classification in Indonesia
Rapid economic development in Indonesia has given birth to a number of technology companies developing new innovations with a fairly high level of productivity and growth. These companies, often known as New Economy companies, require continuous capital needs in the...
Application of Banking Law against Employees of State-Owned Banks in Indonesia
Banking crimes committed by employees of State-Owned Enterprise (BUMN) banks are often immediately classified by law enforcement officials as corruption. The classification is based on the idea that criminal acts committed by employees of state-owned banks...