Department of Accounting, Faculty of Economics and Business, Universitas Diponegoro, on 31 August 2018 once again organized a seminar regarding Indonesian Accounting Standard for Non-publicly-Accountable Entitites (Standar Akuntansi Keuangan - Entitas Tanpa Akuntabilitas Publik/SAK ETAP) that was delivered by Agung Juliarto, Ph.D., Ak., CA. He is a lecturer and currently serves as Secretary Department of Accounting, Faculty of Economics and Business, Universitas Diponegoro.
Dr. Agung discussed several aspects of SAK ETAP. He firstly elaborated the importance of accounting standards and then followed by how Small and Medium Enterprises (SMEs) were in troubles to access financing sources when they have to adopt International Financial Reporting Standards (IFRS) in preparing their financial statements. SMEs do not possess resources as large entities do. Hence, standard setters realized and finally agreed ,to produce a more concise standards that could assist SMEs in preparing their financial information.
The event run effectively with many interesting and challenging issues and questions were raised. Next accounting forum will be held on this coming Friday, 21 September 2018, at 13.00 on Hall Pertamina 3rd Floor, Gedung Dekanat. Make sure that you book your seat for this event, as the speaker for this event is Pak Benny Edmunandar, a Consulting Director from PriceWaterhouseCoopers (PWC) and will be moderated by Surya Raharja, M.Si., Ph.D., CA., Ak. The theme for the event is Finance Organization Transformation.