Done by: 3EB01
Naria Kusmaning Ayu
The globalization of business operation and security market demands the global international standards. The world organizations have arranged International Accounting Standards (IAS), now known as International Financial Reporting (IFRS), for globalization of business operation and security market. The different characteristics of each country create some refusal toward IFRS, but many world organizations are insisted to adopt IFRS. Harmonization, or even convergence, acts as the bridge between IFRS and the accounting standards of the countries.
Keywords: adoption, harmonization of AIS/IFRS
Journal Title: Stay away from PSAK
30-10-2009 IFRS - Category: Info IAI
The title above is not a form of provocation, agitation, or the like. Nor is the suggestion or invitation to deviate from PSAK. However, there will be a formal opportunity to deviate from PSAK. And it is set in PSAK, not elsewhere. We do not have trouble finding justification for deviating from PSAK, it is in PSAK own. In ED PSAK No.1 (Revised 2009) Presentation of Financial Statements of the some time ago DSAK IAI issued in paragraphs 17 until 22 governs the deviation from PSAK. Deviation from PSAK can be done when the compliance of PSAK it will give the wrong understanding, and contrary to the purpose of financial reports as stipulated in the basic framework (KDPPLK).
However, this deviation may be very rare since there should be no conflict between adherences to PSAK with financial reporting purposes in KDPPLK. As set forth in KDPPLK, one goal is KDPPLK as a reference for the authors of financial accounting standards (accounting standards setters) in performing their duties. When a PSAK developed from KDPPLK, then there should be no contradiction between PSAK with its reference source.
Management is given the task to conclude the conflict has occurred between a PSAK with financial reporting purposes. When management has concluded that, not necessarily the author management or financial reports can automatically deviate from PSAK in financial report preparation. These deviations can be done if the current regulatory framework to allow such deviation or at least not prohibited. If the current regulatory framework forbid, then the company should not deviate from PSAK and are required to disclose in the notes to financial statements.
In addition to regulatory frameworks should take into account the effect, deviations from PSAK only be done if the same deviation is also done by all firms in the same industry? In other words, deviations from PSAK not be done if there is one other company in the same industry comply with a PSAK considered contrary to the purposes of financial reporting. To understand the need for deviation from PSAK regulated in financial accounting standards applicable in Indonesia can be seen from some of the following factors:more
Would you more agree deviations from IFRS or deviations from PSAK?
In our opinion (the author),
If you choose one of them, certainly will not be, Seeing the business operations and capital markets are global standards that demand a global nature. Several organizations in the world agreed to form the International Accounting Standards (International Accounting Standards / AIS) which is now the International Financial Reporting Standards (IFRS) to meet the needs of business and international finance.
IFRS known as a lot of resistance due to the national background, the uniqueness of each country's business climate, and differences in the needs of users of financial statements. It should be realized that it is even more resistance, but many are also under pressure to adopt IFRS, thus there is need to bridge the Financial Accounting Standards consistent with IFRS is to make harmonization and even convergence of IFRS. But that does not mean us (writer) more impartial because his logic, if IFRS is more than stay away from PSAK, whether the standard is suitable for our country? So what if agreed to deviate from IFRS then indirectly PSAK Indonesian will impose a standard and will enable our country far behind the countries that use IFRS.
Therefore, we analyze the need for harmonization of these problems. Harmonization between IFRS with PSAK. Allows the adoption of IFRS as necessary and not leave PSAK that had been prevailing in Indonesia. If there is confusion in PSAK or non-compliance with the conditions of accounting or financial statement reporting requirements at this time, it is necessary to do the necessary adjustments. Adjustments that may be part of malakukan IFRS adoption or to a revision of the standards in the PSAK.
Indeed, international standards are needed by companies - multinational companies, or companies - companies that do business internationally in order to adjust their financial statements with their flying businesses partners. For that we need a bit requires the adoption of IFRS (but not entirely).
Harmonization and even then the convergence to IFRS accounting information is expected to have major quality and relevance of compressible. The quality is very necessary to facilitate comparison between the state's financial reports and for decision making.
Collett, Petter H, Jayne M. Godfrey, Sue L. Hrasky, 1999. International Harmonization: Cautions From The Australian Experience. www.google.com, diakses 5 Januari 2004
(Yakub Divisi TeknisIkatan Akuntan Indonesia) http://www.iaiglobal.or.id
Fearnley. S dan Tony Hines. 2002. The Adoption of International Accounting Standards in the UK: Review of Attitudes. www.ssrn.com, diakses 5 Januari 2004