Beruflich Dokumente
Kultur Dokumente
C1L013024
International Class of Accounting 2013
Development of Accounting in Indonesia
The development of Indonesian accounting standards can be
said started from Dutch colonial period until independence in 1945
and until today is towards convergence with IFRS. In the
development of these accounting standards, Indonesia through so
many changes and some guidelines for application ranging from
standard use of the Dutch nation until now have been using
international accounting standards. In a step towards the
implementation of international standards, as described above,
Indonesia deal for through and use some guidance or financial
standards. The following will explain the development of accounting
indonesia authors ranging from the colonial period and then using
some adjustments to the implementation of standards in the years
subsequent to the implementation of international standards:
1. In Indonesia during the Dutch colonial period, there are no
accounting standards used. Indonesia adopt the standards (Sound
Business Practices) Dutch style. And Indonesia is still using Dutch
style until independence in 1945-1955.
2. Until 1955, Indonesia had started to leave the Dutch style and
began to move to the American accounting standards, but Indonesia
does not have legislation - the official laws / regulations on financial
standards ,
3. In 1974, initial milestone Indonesia following the American
accounting standards made by IAI called Accounting Principles in
Indonesia (PAI). But Indonesia with his PAI do not have laws
regulating such standards.
4. In the Year 1984: Accounting Principles in Indonesia is set to be
published Accounting standards and PAI Act.
5. End of 1984: Accounting Standards in Indonesia following the
standards derived from the IASC (International Accounting
Standards Committee)
6. From the Year. 1994: IAI is already committed to follow the IASC /
IFRS.
7. 2008: expected the differences with IFRS IAS will be resolved. And
Indonesia began to refer to the IFRS standard or in other words,
Indonesia has began to adopt international standards IFRS.
8. In 2012 Indonesia fully adopt / IFRS international standards
convergence.