KETUA DSAK IAI HADIRI WORLD STANDAR SETTERS CONFERENCE

Ketua DSAK, Rosita Uli Sinaga menyampaikan informasi terkini tentang capaian konvergensi IFRS di Indonesia di depan konferensi penyusun standar dunia di London, kamis 25 Oktober 2012. World Standard Setters Conference (WSS) adalah konferensi tahunan yang diselenggarakan oleh IASB untuk meminta masukan dari para penyusun standar tingkat negara. WSS setiap tahun diadakan di London dan dihadiri pula oleh observer dari organisasi lain yang menjadi pemangku kepentingan IFRS seperti IOSCO dan European Union.

Konferensi ini sangat penting untuk menentukan arah perkembangan IFRS di masa depan. Indonesia tahun ini diwakili oleh ketua DSAK Rosita Uli Sinaga dan penasihan teknis IAI Ersa Tri Wahyuni terlibat dalam diskusi-diskusi hangat bersama para penyusun standar akuntansi negara lain dan IASB.

Berikut adalah pidato ketua DSAK Rosita Uli Sinaga di dalam kegiatan World Standard Setters Conference:

DSAK Chairman’s speech in World Standard Setter Conference London, 25 October 2012.

As the member of G20, Indonesia is committed to actively support the G20 recommendation to achieve one global high quality accounting standard.  Indonesia has made significant progress on IFRS convergence. As of today, our local accounting standards have converged to IFRS except for IAS 41 Agriculture and IFRIC 15 about Real Estate. Although we have not decided a date of full IFRS adoption, we will continue minimising the differences between Indonesian standards and IFRS. We are planning to conduct a research on the benefit and cost analysis on IFRS Implementation in Indonesia next year.

This year we faced many implementation challenges especially multi interpretation issues among users. We have submitted two discussion papers to IFRIC as the example of IFRS multi interpretation in Indonesia. One paper is about Accounting for Land and another one is about accounting for telecommunication tower.

These two examples have caused debate on the national scale because the size of disputable assets is significant; there are many other disputes among practitioners, between companies, auditors and regulators. It is not easy for an emerging country in their first year of IFRS convergence to move from rule based to principle-based accounting standard.

To ensure consistent applica tion of accounting for land, Indonesia accounting standard board has issued our local interpretation which has considered specific land legal framework in Indonesia and treat the land right as PPE. We believe there should be formal mechanism in place to ensure consistent application of IFRS, both locally and internationally. In a very rare circumstance, national standard setter may decide to issue their own interpretation or guidance, which need to be considered in compliance with IFRS.