Influence of International Financial Reporting Standards Application on Education Accounting in Indonesia

Abstract

This study aims to explore fundamental issues related to IFRS adoption in Indonesia, including how educational accounting anticipates IFRS implementation in 2012, the readiness of Indonesian accountants to face the implementation of IFRS and the liberalization of accounting services and PPA preparedness to make accountants, who are competent and able to compete in the global market. The research method used in this research is descriptive research method by using data from various sources of literature such as books, information from mass media and internet. The results of this study indicate that IFRS implementation will be done taking a lot of changes in mindset, paradigm, and accounting teaching patterns. A curriculum improvement should be made to create accountants ready to compete in the global marketplace.