Dimensions and Introduction of

International Accounting
Standards
Rizki Indrawan, S.E., M.Ak., Ak., CA., CADE., CAAT
Sub Topic of

The History of The Dynamics of

International International
Accounting (MNC) Business

Accounting and
Market Share
Auditing Standard
Internationalization
Makers
Newest Update Accounting Standard
The History of International Accounting
(MNC)

Refer to:
International accounting
reports activity MNC’s International transaction,
Accounting very important comparison of the
with operations and
role in society principles of various
transactions that cross
national boundaries countries, harmonization
of accounting standards
Factor-Factor
Global
Competit
ion Merger and
Acquisition
Finance Border
Innovation
Cross
Country

Internationali
Growth and International zation of
Accounting
Deployment factors capital
markets

Recording
Contempo and
Publishing of
rer State Border
Stock
Historical
1. Historical point of view
Double entry
accounting system of
accounting creation in
Italy city 14-15 th
century

After the second world

war, the development of This development was
accounting was driven by the growth
increasingly felt in the of international trade
western world, especially in north italy
in Germany and Japan

in 1850 to 1870 the The government's

accounting
community
desire to find ways
developed in England to tax commercial
and Scotland transactions
 As times change and
The Dutch accounting The development of the development of
model is imported into Accounting is supported international relations,
Indonesia by education accounting complexity
increasingly becomes.
2. Contemporer point of view

Efforts to reduce
differences in Capital control Foreign exchange Foreign direct investment
international accounting

Privatization of
government companies
Information technology
Transaction liberalization (to reduce foreign
advancements
exchange control and limit
cross-border investment)
3. Growth and deployment of multinational
operation

Financial
The managers
establishment and
International of factories or accountants
overseas face global
business is
distribution risks
increasingly
Requires linked to systems by
accounting foreign direct forming
for investment affiliations,
Today's
transactions joint
trade (Ex- in foreign ventures, or
Im) is no currencies fully owned
longer strategic
bilateral or
regional but alliances
truly global.
4. Finance Innovation

Evaluation of risk
Identification of Risk
management
Economic Risk Management
results
Business Global Dynamic

New Consumer

New
New
Collaboration
Leadership
Model
Market Share Internationalization

Investors, brokers, and

Get the benefits Can diversify its
publishers are free to
gained investment risk.
invest in many countries
Accounting and Auditing Standard Makers

IASB EU IOSCO

IFAC ISAR OECD

 SEC

Big Four
Organization
GASB developer of AICPA
accounting
standards

FASB