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Tax Consultant
Life Insurance Accounting in Bandung

KBLI 65110: Asuransi Jiwa

Life insurance has its own accounting standard: PSAK 74 (IFRS 17), policyholder liability, DAC, and RBC reporting. As a tax consultant in Bandung (with minimum wage around Rp 4.210.000), Arunika Consulting understands your local business dynamics. We are ready to assist with tax compliance at KPP Madya Bandung and help life insurers prepare compliant books.

Local Context for Life Insurance Accounting in Bandung

Local wage baseline

Rp 4.210.000

Operational-cost context for Life Insurance Accounting businesses in Bandung.

Tax office reference

KPP Madya Bandung

Compliance context is tied to the local tax administration area.

City industries

Creative Industry (Design, Music, Arts), Textiles & Textile Products (Distro/Clothing), Tourism & Hospitality

Connects Life Insurance Accounting with related local sectors.

Tax Risk Profile: High Risk

Intensive monitoring at KPP Bandung

See Other Perspectives

This topic is also discussed from perpajakan & teknologi perspective.

Tax Challenges for Life Insurance Accounting

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PSAK 74 Implementation

Fundamental overhaul of insurance contract recording.

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Policy Liability

Actuarial mathematical reserve.

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DAC

Acquisition cost amortization.

Arunika Solutions

PSAK 74 Transition

BBA, VFA, PAA approaches.

  • Compliant

Related Regulations

PSAK 74

Insurance Contracts

IFRS 17 equivalent

PSAK 71

Financial Instruments

FVTPL, FVOCI, amortized cost

POJK 16/2017

Insurance Reporting

OJK reporting guidelines

Frequently Asked Questions

Frequently Asked Questions

What is PSAK 74 and its impact?

IFRS 17: liabilities at current assumptions, revenue when service provided, CSM for profit deferral. Effective 2025.

Ready to Optimize Your Tax Compliance?

Free consultation with our tax experts in Bandung. Specialized for Life Insurance Accounting businesses.

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