Changes to the Financial Reporting Framework in Indonesia (2022 edition)

Published on: 23 Feb 2023

The purpose of this publication is to provide a roundup of recent changes in the Indonesian financial reporting framework which are important to accounting and audit professionals.

This edition provides:

  • Summaries of the new and revised PSAKs issued as at 31 December 2022, organised by effective dates;
  • Summaries of other relevant financial reporting matters
  • Key emerging areas and financial reporting hot topics

It continues to offer the relevant summaries of new and revised PSAKs included in the 2021 edition that are effective for 2022 financial year and beyond. New and revised PSAKs issued from the last publication are identified in the summary. For new and revised PSAK issued but are not effective yet, entities will need to consider and disclose in their current financial statements, the possible effects that these new and revised PSAKs might have in the period of initial application.

Other financial reporting matters include some key IFRS IC agenda decisions issued in 2022 that are more likely to be relevant for reporting entities in Indonesia and a list of recent agenda decisions issued by the IFRS IC has been included for reference.

This publication also includes key emerging areas and financial reporting hot topics discussed in the mid-year financial reporting update publication as they continue to be relevant and are important reporting considerations for 2022 annual financial reporting.


Related Topics

Correction list for hyphenation

These words serve as exceptions. Once entered, they are only hyphenated at the specified hyphenation points. Each word should be on a separate line.