UGM and Public Accountants Office Haryanto Sahari Cooperate for IFRS Acceleration

Universitas Gadjah Mada and Public Accountants Office Haryanto Sahari and Associate have agreed to conduct a research and joint learning on International Financial Reporting Standards (IFRS). The agreement is aimed at dealing with the implementation of IFRS in Indonesia by 2012. This was put into an MoU, signed by the Rector of UGM, Prof. Ir. Sudjarwadi, M.Eng., Ph.D., and Head of Public Accountants Office Haryanto Sahari & Associate, Dwi Wahyu Daryoto, at the Multimedia Room, UGM Main Office, Monday (14/12).

It has been agreed that both institutions set up the IFRS Center of Excellence. As part of economic  Indonesian community, the accountant office needs the university's role in order to support the advancement of IFRS adoption process in Indonesia so that it can give contribution to the national education.

Currently, the Indonesian Accountant Association as a professional organisation is in the process of adopting IFRS in the Indonesian Financial Accounting Standards (PSAK). “This process is expected to be completed by 2012,” said Dwi Wahyu Daryoto when giving his speech.

UGM is expected to be the pioneer in accelerating the understanding of the International Financial Reporting Standards in Indonesia. “It may  be three years away from now, but in fact it is not that long because in 2011 the standards should  be the same and this will start in 2010,” he said.

As a member of the Pricewaterhouse Coopers, in its implementation they  conduct internal and external workshops , IFRS learning material and other publications. It is hoped that participants can learn and take exams. “We focus on learning skills and we will hold four or five workshops for the initial phase.”

With the same hope, the Rector said that as part of modern accounting, the IFRS is expected to help verify Indonesia's natural richness. By having the knowledge of the accounting order, Indonesia's local knowledge will be able to be interpreted by others. “Therefore, the new accounting system will give advantage to UGM to realise the civilisation and welfare of the community,” said the Rector.

Also witnessing the signing of the MoU were the Senior Vice Rector for Administration, Finance and Human Resources, Prof. Ainun Na'im, Ph.D., Executive Secretary, Drs. Djoko Moerdiyanto, M.A., and several representatives from the Public Accountants Office Haryanto Sahari and Associate.