Pemenang Lomba Video Akuntansi APA Fest 2021 - Sejarah Akuntansi Dunia dan Indonesia

Summary

The video script traces the evolution of accounting systems, starting with Luca Pacioli's 1424 book on bookkeeping. It details the progression of accounting methods from the Dutch and English systems to the American (Anglo-Saxon) system. The establishment of the International Accounting Standards Committee (IASC) and its updates, including the International Financial Reporting Standards (IFRS) by the IASB, is also highlighted. The script covers Indonesia's accounting journey, beginning with the VOC's adoption of the continental system, transitioning to the American system post-independence, and the eventual adoption of international standards through the Indonesian Accounting Association and local standards like PSAK.

Takeaways

• 😀 Luca Pacioli, an Italian mathematician, introduced the foundational bookkeeping system in 1424.
• 😀 In the 1500s, two modified accounting systems, the Dutch and English systems, emerged based on Pacioli's book.
• 😀 These systems collectively became known as the Continental system.
• 😀 The development of the American system, or Anglo-Saxon system, came after the formation of the United States, shaping global accounting standards.
• 😀 The International Accounting Standards Committee (IASC) was formed to standardize accounting globally, publishing 41 accounting standards (IAS).
• 😀 In 2001, the IASC was replaced by the International Accounting Standards Board (IASB), which introduced the International Financial Reporting Standards (IFRS).
• 😀 The IFRS further enhanced the standardization of accounting reporting worldwide.
• 😀 In Indonesia, the bookkeeping system was introduced by the Dutch during their colonial rule in 1642 through the VOC, following the Continental system.
• 😀 After Indonesia's independence, the Indonesian Accountants Association (IAI) was established in 1957 to unify accountants across the country.
• 😀 In the 1960s, due to increased American investment, Indonesia shifted from the Continental system to the American accounting system, which continues to influence its accounting practices today.
• 😀 Indonesia adopted international accounting principles starting in 1984, with the adoption of IAS and later transitioning to the KFPB system in 2008, aligning with global standards.

Q & A

Who was the Italian mathematician that contributed to the development of bookkeeping systems?

The Italian mathematician was Luca Pacioli, who wrote a book in 1424 revealing the bookkeeping system known today as debit and credit.

What are the two modified bookkeeping systems that emerged in the 1500s?

The two modified bookkeeping systems that emerged in the 1500s were the Dutch system and the English system, both based on Luca Pacioli's book.

What was the term used for the combined systems of bookkeeping during the 1500s?

These two systems were known as the 'continental system' during the 1500s.

How did the American system of bookkeeping evolve?

The American system, also known as the Anglo-Saxon system, emerged as a development of the continental system during the formation of the United States.

What role did the International Accounting Standards Committee (IASC) play in the evolution of bookkeeping?

The IASC played a significant role by publishing 41 accounting standards, known as International Accounting Standards (IAS), which were used globally to standardize accounting practices.

When did the International Financial Reporting Standards (IFRS) emerge, and who is responsible for it?

The IFRS emerged in 2001, with the International Accounting Standards Board (IASB) taking over from the IASC to continue the standardization of accounting practices globally.

What system of bookkeeping was first implemented in Indonesia, and when did it occur?

The bookkeeping system first implemented in Indonesia was the continental system, introduced by the Dutch VOC in 1642.

What major change happened to the bookkeeping system in Indonesia after its independence?

After Indonesia's independence in 1957, the Indonesian Accountants Association (IAI) was formed, and in the 1960s, Indonesia transitioned from the continental system to the American system due to American investments in the country.

What are the Indonesian accounting principles, and when were they first established?

The Indonesian accounting principles were established in 1974 and further developed in 1984 to follow international standards, particularly those set by the IASC at that time.

What significant change occurred in Indonesia's accounting standards in 2008?

In 2008, Indonesia replaced its existing accounting standard guidelines with KFPB, which is still in use today.