An overview of SAK Indonesia
This edition is designed for companies whose fiscal year ends on 31 December 2024, and is based on the SAK Indonesia requirements in place at the time of this publication. It includes the accounting standards, and our interpretation of these standards, for annual reporting periods beginning on or after 1 January 2024 (‘currently effective requirements’) and a significant number of new standards and amendments that will go into effect at a later date (‘forthcoming requirements’).
This publication does not include the requirements that apply to sharia transactions. It also does not cover any of the presentation or disclosure requirements set out by the Indonesian Financial Services Authority (OJK) that apply to listed and public companies.
If applicable, the key differences between SAK Indonesia and the IFRS Accounting Standards are highlighted; however, this is not intended to be a complete comparison of all the possible differences between the two standards.
