The implementation of IFRS in Indonesian Islamic accounting

Agus Arwani

Abstract


This research examines the IFRS  implementation in Indonesian Islamic accounting. It employs a literature review method to systematically explain the accounting theory, the Islamic Financial Accounting Standards, and International Financial Reporting Standards (IFRS).  This study concludes that there is a conflict between the International Financial Reporting Standards (IFRS) and some Islamic principles which has not been yet resolved. The Islamic accounting is also facing some complex issues related to the convergence of International Financial Reporting Standards in Indonesia due to incorrect implementation of IFRS in some countries related to the translation problems from English to local languages. The biggest problem in implementing IFRS convergence for business is dealing with the expenses spent for the development of knowledge, supports and trainings for consultants


Keywords


Indonesian, Islamic accounting, IFRS.

Full Text:

PDF


DOI: http://dx.doi.org/10.14414/jebav.v21i3.1254

Refbacks

  • There are currently no refbacks.




Copyright (c) 2019 Journal of Economics, Business & Accountancy Ventura



Abstracting & Indexing

 

 

Hasil gambar untuk ccbyncsa

Copyright @ 2010 Pusat Penelitian dan Pengabdian Masyarakat Sekolah Tinggi Ilmu Ekonomi (PPPM STIE)