The accounting principles that is used for certain sector is different from one another.

For entities
that have public accountability, they can use Financial Accounting Standard (SAK). Islamic
Accounting Standards (SAS) is Statement of Financial Accounting Standards (SFAS) that is
intended for entities that conduct Sharia transactions both Islamic institutions and non-Islamic
institutions entities. Development of Islamic Accounting Standard is done by following the
model of SAK general but in the Sharia basis with reference to the MUI fatwa. For Small
Medium Enterprises that do not have significant public accountability; and publish general
purpose financial statements (general purpose financial statement) for external users, they use
Financial Accounting Standards ETAP. It is adapted from Financial Accounting Standard
(SAK), so most of the principles are the same. While, for Government Accounting Standard is
used as references in preparing the financial statements of the government, both the central
government and regional government. Now, the GAS that is used is Government Regulation
number 71 year 2010 which applies accrual-basis accounting. It is the replacement of
Government Regulation number 24 year 2005 which still use the cash-basis accounting. Lastly,
International Public Sector Accounting Standards is used for public sector entities.