Award · Report Quality

Annual Report Award (ARA) judging criteria

Short answer

ARA is organized by KNKG together with OJK, the Coordinating Ministry for Economic Affairs, the Directorate General of Taxes, the Ministry of SOEs, IDX, and IAI, running since 2002. Judging has two stages (document evaluation, then interview/presentation) over annual and sustainability reports, with criteria referencing SEOJK 16/2021, POJK 51/2017, governance guidelines, and the ASEAN CG Scorecard. Awards are split by entity category.

What is judged

ARA assesses the quality of disclosure and governance reflected in annual and sustainability reports, not aesthetics alone. It emphasizes completeness of mandatory disclosure, governance (GCG) quality, sustainability/ESG, and clarity of communication.

Two-stage process

Stage 1, document evaluation: judges assess reports against criteria and disclosure completeness.
Stage 2, interview/presentation: leading candidates are invited for in-depth review.

Criteria references (general)

Area	Reference
Annual report content & form	SEOJK 16/SEOJK.04/2021
Sustainability / ESG	POJK 51/2017 (and movement toward PSPK)
Governance	GCG guidelines; ASEAN CG Scorecard reference

The correct name is ARA (Annual Report Award). Categories are split by entity type (e.g., SOEs, private financial/non-financial, pension funds), so entrants are judged within comparable classes.

Frequently asked questions

Who organizes ARA?

ARA is organized by KNKG with OJK, the Coordinating Ministry for Economic Affairs, the Directorate General of Taxes (Ministry of Finance), the Ministry of SOEs, the Indonesia Stock Exchange, and the Indonesian Institute of Accountants, running since 2002.

Does ARA judge aesthetics or substance?

Both matter, but the weight is on substance: completeness of mandatory disclosure, governance quality, sustainability, and clarity. Design supports rather than replaces substance.

How does ARA differ from LACP?

ARA is Indonesia's national award; LACP (League of American Communications Professionals) is a US-based international annual-report competition with per-industry scoring.

Are sustainability reports judged in ARA?

Yes. ARA assesses annual reports and, increasingly, sustainability aspects, aligned with POJK 51/2017 and the move toward PSPK.

Official sources

Annual Report Award (ARA), KNKG with OJK, Coordinating Ministry for Economic Affairs, DGT-Ministry of Finance, Ministry of SOEs, IDX, and IAI (since 2002).
SEOJK 16/SEOJK.04/2021 on annual report content and form.
POJK 51/POJK.03/2017 on sustainability reporting.
Official references: OJK · IDX · IAI (DSK) · KNKG

Preparing a report for ARA?

SAMCGI prepares annual and sustainability reports for issuers and SOEs, our work has won national ARA and international awards. Awards are won by clients; we prepare the discipline, not promise outcomes.

ARA & LACP-winning workSince 1998Attribution: won by clients · prepared by SAMCGI

Discuss your ARA preparation

Compiled June 2026 from official sources. Regulations and practices evolve; verify the latest OJK/IDX/IAI/KNKG provisions before making decisions. This page is informational, not legal or accounting advice.