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Confirmation Of Income Letter From Accountant for Indonesia

Confirmation Of Income Letter From Accountant Template for Indonesia

A Confirmation of Income Letter from an Accountant is a formal document issued under Indonesian law by a licensed public accountant that verifies and confirms an individual's or business entity's income for a specified period. The document must comply with Indonesian Financial Accounting Standards (PSAK) and relevant regulations set by the Indonesian Institute of Accountants (IAI). This letter serves as an official verification of income for various purposes such as visa applications, loan applications, or other official proceedings where income verification is required. The document carries legal weight within the Indonesian jurisdiction and can be used for both domestic and international purposes when properly authenticated.

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What is a Confirmation Of Income Letter From Accountant?

The Confirmation Of Income Letter From Accountant is a crucial document in the Indonesian business and financial landscape, regulated under Law No. 5 of 2011 on Public Accountants and aligned with Indonesian Financial Accounting Standards (PSAK). This document is typically required when an individual or business needs formal verification of their income from an independent, qualified professional. Common scenarios include visa applications, mortgage or loan applications, business transactions, or government requirements. The letter must be issued by a licensed public accountant in Indonesia and includes detailed income information, the basis of verification, and professional declarations. It serves as a trusted third-party verification of income, carrying significant weight due to the accountant's professional standing and legal obligations under Indonesian law. The document can be used both domestically and internationally, though international use may require additional authentication steps.

What sections should be included in a Confirmation Of Income Letter From Accountant?

1. Letterhead Details: Accountant's or firm's official letterhead including name, professional credentials, license number, and contact information

2. Date and Reference Number: Current date and unique reference number for the confirmation letter

3. Recipient Information: Full name and address of the party requesting the confirmation (if applicable) or 'To Whom It May Concern'

4. Subject Line: Clear indication that this is an income confirmation letter and the period covered

5. Client Identification: Full name, address, and any relevant identification numbers (e.g., tax ID) of the individual or business whose income is being confirmed

6. Income Confirmation Statement: Clear statement of the confirmed income amounts, breaking down different types of income if applicable

7. Basis of Confirmation: Statement explaining the basis for the confirmation (e.g., tax returns, financial statements, or other records reviewed)

8. Professional Declaration: Statement confirming the accountant's professional capacity and that the confirmation is made in accordance with relevant standards

9. Signature Block: Accountant's signature, name, professional designation, and license number

What sections are optional to include in a Confirmation Of Income Letter From Accountant?

1. Purpose Statement: Specific statement about the purpose for which the confirmation is being issued (used when the letter is for a specific purpose like visa application or mortgage)

2. Additional Financial Details: Breakdown of income sources, expenses, or other financial metrics if specifically requested

3. Historical Income Information: Previous years' income details if relevant or requested

4. Disclaimer: Any necessary limitations or qualifications regarding the confirmation provided

5. Translation Statement: If the letter needs to be in multiple languages, a statement confirming the accuracy of the translation

What schedules should be included in a Confirmation Of Income Letter From Accountant?

1. Income Breakdown Schedule: Detailed breakdown of income sources and amounts (if not included in main letter)

2. Supporting Documentation List: List of documents reviewed to prepare the confirmation

3. Professional Credentials: Copy of accountant's professional licenses and certifications

4. Client Authorization: Written authorization from the client to release financial information

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Indonesia

Publisher

Ƶ

Document Type

Confirmation Letter

Sector

Sales

Cost

Free to use
Relevant legal definitions




















Clauses















Relevant Industries

Financial Services

Professional Services

Banking

Immigration Services

Real Estate

Tax Services

Legal Services

Education

Healthcare

Government Services

Relevant Teams

Finance

Accounting

Legal

Compliance

Risk Management

Human Resources

International Relations

Visa Processing

Loan Processing

Document Control

Relevant Roles

Public Accountant

Certified Public Accountant

Tax Advisor

Financial Controller

Finance Manager

Compliance Officer

Visa Officer

Loan Officer

Immigration Officer

Bank Manager

Human Resources Manager

Legal Counsel

Financial Analyst

Risk Assessment Officer

Industries






Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

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