Title: IFRS Adoption in Indonesia: Accounting Ecology Perspective
Authors: HAMIDAH
Affiliations: Universitas Airlangga Surabaya, Indonesia
Publisher: International Journal of Economics and Management (IJEM)
Abstract
Using the accounting ecology framework developed by Gernon and Wallace (1995), this study aims to examine the reasons Indonesia adopted the International Financial Reporting Standards (IFRS). Data were extracted from the accounting policy makers’ offices based in Indonesia including the DSAK, DPN IAI, and Bapepam-LK. In-depth interviews were conducted and data were then processed via thematic analysis, a method used for identifying, analyzing, and reporting themes/patterns noted in the data (Gray, 1988). Results noted from this study revealed four themes which served as reasons behind Indonesia’s adoption of the IFRS. The first reason is that Indonesia was dominated by the desire to serve the interests of global business. The second reason is that Indonesia wanted to act as a social accounting actor as it was now in the position to act as a standard buyer. The third reason is that Indonesia is in the position of swift current globalization. Finally, Indonesia is under the political pressures exerted by foreign parties.
Keywords: accounting ecology perspectives, IFRS, case study, thematic analysis, Indonesia
Sources: http://www.ijem.upm.edu.my/vol11_noS1/9).%20IJEM%2011(S1)2017%20-%20Hamidah%20(IFRS%20Adoption...).pdf
