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26 Mei 2025 - Siaran Pers
(Jakarta – May 23, 2025) – Ikatan Akuntan Indonesia (The Institute of Indonesia Chartered Accountants/IAI), the International Federation of Accountants (IFAC), and the Indonesia Stock Exchange (IDX) successfully held a webinar titled “Future of the Accounting Profession and Finance in a Turbulent Era” at the IDX Main Hall in Jakarta. The event highlighted the urgent need for sustainable, inclusive, and resilient economic strategies amid increasing global uncertainty and rapid technological disruption.
Attended by over 3,000 participants both in-person and virtually, the webinar featured prominent speakers including Armand Wahyudi Hartono, Chairman of the Indonesian Public Listed Companies Association (AEI); Novira Indrianingrum, Head of the Capital Market Supervision Department at the Financial Services Authority (OJK); and Prof. Siddharta Utama, IAI National Council Member and IFAC Board Member. The discussion was moderated by Buntoro Rianto, Advisor of IAI’s Business Sector Accountants Committee (KASB), who successfully facilitated a dynamic dialogue on governance, sustainability, and the strategic role of professional accountants.
On the occasion, Armand emphasized the importance of responsible leadership and a pragmatic approach to sustainability. He warned against excessive regulations that may jeopardize business continuity, citing recent trends in Europe.
“Fix your governance first. If governance is weak, no matter how much effort is made on environmental and social fronts, it will not succeed,” said Armand, who is also Vice President Director of Bank BCA. He urged companies to embrace long-term thinking, stakeholder care, and transparency as the key drivers of trust and sustainable success. Armand also addressed the hype around AI, stressing that technology should enhance performance, not replace professional human judgment in accounting and auditing.
Representing the regulator, Novira Indrianingrum from OJK outlined key regulatory developments aimed at safeguarding the stability of Indonesia’s capital markets. She stated that OJK will continue to strengthen the effectiveness of Boards of Commissioners through mandatory and continuous training. OJK also plans to align sustainability disclosure regulations (POJK No. 51/2017) with IFRS S1 and S2 standards, targeting implementation in 2027.
Other priorities include cybersecurity, oversight of digital assets, and market risk mitigation, as well as promoting the expansion of free float in the property sector to boost stock market liquidity. Equally important, OJK will continue to enhance collaboration with key stakeholders, including the Indonesian Issuers Association, to improve data transparency and regulatory enforcement.
“OJK is committed to building strong and responsible governance structures that not only meet international standards but also ensure long-term investor confidence,” Novira affirmed.
Representing the profession, Prof. Siddharta Utama emphasized that future-proofing the economy means building systems that are resilient, competitive, inclusive, and sustainable. He identified integrity, ethical behavior, and governance as the fundamental pillars of trust in both the public and private sectors.
“Integrity remains number one. Ethical behavior builds trust. Trust drives investment. Investment fuels sustainable growth,” he stated. Prof. Siddharta reiterated the unique role of professional accountants in maintaining transparency, applying professional skepticism, and guiding long-term corporate strategy amidst rising misinformation and complexity.
On the occasion, Prof. Siddharta delivered four key messages to stakeholders to help Indonesia mitigate the impacts of global turbulence on the economy. First, governance is the foundation of resilience and sustainability. Second, business continuity and stakeholder care must be balanced with environmental responsibility. Third, regulators such as OJK must continue modernizing oversight to support innovation without compromising market integrity. Fourth, accountants play a crucial role in safeguarding economic trust and long-term planning.
The discussion reaffirmed the importance of collaborative and knowledge-based leadership as Indonesia and the world face an increasingly complex economic landscape.
About IAI
Ikatan Akuntan Indonesia (The Institute of Indonesia Chartered Accountants/IAI) is the professional organization representing all accountants in Indonesia, with members spread across 34 provinces. IAI is a founding member of the International Federation of Accountants (IFAC) and the ASEAN Federation of Accountants (AFA), and an associate member of Chartered Accountants Worldwide (CAW).
To uphold the integrity and professionalism of Indonesian accountants, IAI publishes the Indonesian Code of Ethics for Professional Accountants. As a standard setter, IAI develops and issues the Financial Accounting Standards (SAK) and Sustainability Disclosure Standards (SPK) applicable in Indonesia.
For more information about IAI, visit www.iaiglobal.or.id or email iai-info@iaiglobal.or.id
Official IAI WhatsApp: +628 111 055 141