The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company
Difference on characteristics in various countries will influence the implementation of accounting standard. Such conditions may include economic, social, cultural, and political condi-tions. As there are differences of accounting standard between one country and another, there also will be dissimil...
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| Format: | Article |
| Language: | English |
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Universitas Islam Indonesia
2009-06-01
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| Series: | Jurnal Akuntansi dan Auditing Indonesia |
| Online Access: | https://journal.uii.ac.id/JAAI/article/view/2242 |
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| author | Sigit Handoyo |
| author_facet | Sigit Handoyo |
| author_sort | Sigit Handoyo |
| collection | DOAJ |
| description | Difference on characteristics in various countries will influence the implementation of accounting standard. Such conditions may include economic, social, cultural, and political condi-tions. As there are differences of accounting standard between one country and another, there also will be dissimilarities of financial reporting disclosure. Consequently, different accounting standard implementation will cause barriers to the users of financial report from a company, par-ticularly multinational enterprises, in foreign country. This article will analyse some differences in some posts as the result of unalike implementation of accounting standard, which will influence the number of rupiahs and dollars presented in the financial report. The samples of the research are four well-known pharmacy companies from four different countries namely Boehringer Ingel-heim in Germany, Pfizer in United States of America, CSL Ltd. in Australia, and PT. Kalbe Farma Tbk. in Indonesia. Those samples represent the implementation of four different reporting standard i.e. HGB (Handelsgesetzbuch), US GAAP, IFRS, and PSAK. Furthermore, this study will discuss the possibility of implementing harmonization as the consequence of difficulties faced by the users of financial report in comparing company performance caused by dissimilarities of ac-counting standard in those countries.
Keywords: Accounting Standard, HGB, US GAAP, IFRS, PSAK |
| format | Article |
| id | doaj-art-29597e02610a4af8bc21e7dcea361b22 |
| institution | DOAJ |
| issn | 1410-2420 2528-6528 |
| language | English |
| publishDate | 2009-06-01 |
| publisher | Universitas Islam Indonesia |
| record_format | Article |
| series | Jurnal Akuntansi dan Auditing Indonesia |
| spelling | doaj-art-29597e02610a4af8bc21e7dcea361b222025-08-20T03:09:38ZengUniversitas Islam IndonesiaJurnal Akuntansi dan Auditing Indonesia1410-24202528-65282009-06-011312135The Comparison Study of Accounting Standards: Implementation On Phar-maceutical CompanySigit HandoyoDifference on characteristics in various countries will influence the implementation of accounting standard. Such conditions may include economic, social, cultural, and political condi-tions. As there are differences of accounting standard between one country and another, there also will be dissimilarities of financial reporting disclosure. Consequently, different accounting standard implementation will cause barriers to the users of financial report from a company, par-ticularly multinational enterprises, in foreign country. This article will analyse some differences in some posts as the result of unalike implementation of accounting standard, which will influence the number of rupiahs and dollars presented in the financial report. The samples of the research are four well-known pharmacy companies from four different countries namely Boehringer Ingel-heim in Germany, Pfizer in United States of America, CSL Ltd. in Australia, and PT. Kalbe Farma Tbk. in Indonesia. Those samples represent the implementation of four different reporting standard i.e. HGB (Handelsgesetzbuch), US GAAP, IFRS, and PSAK. Furthermore, this study will discuss the possibility of implementing harmonization as the consequence of difficulties faced by the users of financial report in comparing company performance caused by dissimilarities of ac-counting standard in those countries. Keywords: Accounting Standard, HGB, US GAAP, IFRS, PSAKhttps://journal.uii.ac.id/JAAI/article/view/2242 |
| spellingShingle | Sigit Handoyo The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company Jurnal Akuntansi dan Auditing Indonesia |
| title | The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company |
| title_full | The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company |
| title_fullStr | The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company |
| title_full_unstemmed | The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company |
| title_short | The Comparison Study of Accounting Standards: Implementation On Phar-maceutical Company |
| title_sort | comparison study of accounting standards implementation on phar maceutical company |
| url | https://journal.uii.ac.id/JAAI/article/view/2242 |
| work_keys_str_mv | AT sigithandoyo thecomparisonstudyofaccountingstandardsimplementationonpharmaceuticalcompany AT sigithandoyo comparisonstudyofaccountingstandardsimplementationonpharmaceuticalcompany |