MEMAHAMI 4 STANDAR AKUNTANSI KEUANGAN YANG BERLAKU DI INDONESIA | LAPORAN KEUANGAN | DCONSULTING

Summary

This video explains the five main financial accounting standards in Indonesia, emphasizing their importance for uniformity and ease of understanding. The standards covered include PSAK, which aligns with international guidelines; PSAK Syariah, designed for Shariah-compliant entities; SAP, for government accounting; SAK ETAP, a simplified standard for SMEs; and SAK KM, the most simplified version for micro-businesses. These standards ensure transparency and accountability across different sectors, with special consideration for the specific needs of smaller businesses, aiming for consistency and simplicity in financial reporting.

Takeaways

• 😀 Accounting standards ensure uniformity in financial reporting, making it easier for users to understand financial statements.
• 😀 The main body responsible for setting accounting standards in Indonesia is Ikatan Akuntan Indonesia (IAI).
• 😀 International bodies like FASB and IFRS also create accounting standards used globally.
• 😀 PSAK (Pernyataan Standar Akuntansi Keuangan) is the general accounting standard in Indonesia, which adopts IFRS gradually.
• 😀 PSAK Syariah is a specific accounting standard for Shariah-compliant entities, such as Shariah banks and cooperatives.
• 😀 SAP (Standar Akuntansi Pemerintahan) is the standard for government entities to ensure transparency and accountability.
• 😀 S.A.K ETAP (Standar Akuntansi Keuangan Entitas Tanpa Akuntabilitas Publik) is a simplified version of PSAK, aimed at small and medium enterprises (SMEs) with no public reporting obligations.
• 😀 S.A.K KUMKM (Standar Akuntansi Keuangan Mikro Kecil Menengah) is the most simplified accounting standard for micro, small, and medium enterprises (MSMEs).
• 😀 PSAK Syariah is used alongside PSAK general standards in businesses like Shariah banks, where both public accountability and Shariah compliance are necessary.
• 😀 S.A.K KUMKM focuses on making financial reporting as simple as possible for micro-businesses, with only three basic financial reports instead of more complex ones.

Q & A

What is the importance of accounting standards in Indonesia?

Accounting standards ensure that financial reports are consistent, transparent, and easy to understand. This helps businesses and government entities present their financial information uniformly, making it accessible for users like investors, regulators, and other stakeholders.

What is PSAK, and how does it relate to IFRS?

PSAK (Pernyataan Standar Akuntansi Keuangan) is Indonesia's main accounting standard, which gradually adopted IFRS (International Financial Reporting Standards). Over time, PSAK has been aligned with IFRS to ensure global consistency in financial reporting.

What is PSAK Syariah, and who uses it?

PSAK Syariah is an accounting standard designed for businesses that operate under Islamic law, such as Islamic banks, cooperatives, and zakat institutions. It ensures that financial reporting in these businesses complies with Sharia principles.

How does PSAK Syariah differ from regular PSAK?

While PSAK is the general accounting standard, PSAK Syariah specifically addresses the unique financial transactions and reporting requirements of Sharia-compliant businesses. This includes a mix of PSAK and PSAK Syariah to ensure both financial accuracy and compliance with Islamic principles.

What is the purpose of SAP (Standar Akuntansi Pemerintahan)?

SAP is used for government financial reporting. Its purpose is to ensure transparency and accountability in the management of public finances, enabling better governance and public trust.

Who is responsible for setting the SAP standards in Indonesia?

The SAP standards are set by the Indonesian Government Accounting Standards Committee (Komite Standar Akuntansi Pemerintahan) to ensure proper financial reporting and public accountability within government entities.

What is S.A.K. Etap, and who uses it?

S.A.K. Etap (Standar Akuntansi Keuangan Entitas Tanpa Akuntabilitas Publik) is a simplified accounting standard used by entities that do not have public accountability, such as small to medium businesses that don’t need to disclose financial reports to the public.

How does S.A.K. Etap differ from regular PSAK?

S.A.K. Etap is a simpler version of PSAK, designed for businesses without public accountability. It focuses on basic financial reporting requirements, making it more accessible for smaller businesses compared to the more complex PSAK standards.

What is the KMI (Kecil Mikro Menengah) standard, and who benefits from it?

The KMI standard is the simplest accounting framework in Indonesia, specifically designed for micro and small businesses. It provides essential financial reporting tools that are easier to implement, allowing smaller enterprises to meet their financial reporting needs without unnecessary complexity.

Why was the KMI standard introduced, and how does it differ from S.A.K. Etap?

The KMI standard was introduced because even S.A.K. Etap, though simplified, was still considered too complex for micro and small businesses. The KMI standard reduces the financial reporting requirements even further, with only essential components like profit and loss, balance sheet, and cash flow statements, making it more suitable for smaller businesses.