STANDAR AKUNTANSI INTERNASIONAL: HARMONISASI VERSUS KONVERGENSI
Abstract: Globalization brings
changes to the capital markets and business operations across borders. State
sector in a multinational company is required to make financial reports that
can be received throughout the world, but in every country have their own
accounting standards are of course different between a country's accounting
standards with other countries. For it requires the international accounting
standards, so that financial disclosures made by a company in a country
multinational globally acceptable. Application of international accounting
standards is very difficult because of differences in both legal,
environmental, social and economic conditions between one country to another
and to bridge it then requires the process of harmonization and convergence.
There is a difference between the process of harmonization and convergence of
international accounting standards. Only at the stage of harmonization,
alignment of accounting standards issued by standard-setting bodies in each
country with International Accounting Standard (IAS), while convergence is the
next stage of the harmonization of accounting standards which are expected in
the context of international standards aimed at eventually there would be only
one standard. The process of harmonization and convergence of international
accounting standards is not easy to just run, many obstacles and criticisms of
the process of harmonization and convergence in which the harmonization and
convergence is only suitable for large companies are multinational companies
rather than small and medium enterprises, although there are also advantages
that can be obtained from the harmonization and convergence of international
accounting standards, among others comparable financial reporting, increase
transparency, reduce costs and increase global investment capital.
Penulis: Novi Kurniawati
Kode Jurnal: jpakuntansidd110295
