Institut Akuntan Publik Indonesia

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) has direct responsibility for establishing and operating a quality assurance review system for public accountants and public accounting firms under the Public Accountants Act No. 5 of 2011. IAPI has conducted quality assurance reviews since 2011 and reports that its system covers its full membership base, including members providing assurance and non-assurance services.

IAPI continues to support implementation through continuing professional development activities, dissemination of quality review findings, reviewer training programs, implementation guidance, and development of quality review software for use by firms and reviewers. Quality reviews are conducted using a hybrid approach combining onsite and offsite procedures, and coordination continues with the Directorate of Financial Profession Development and Supervision and the Indonesia Financial Services Authority to support planning and reduce duplication of inspections.

IAPI has also continued reviewing and updating its quality assurance methodology and guidance following the adoption of quality management standards. Current guidance includes quality review procedures approved in 2023, and IAPI has increased training and awareness activities relating to quality management implementation, including International Standard on Quality Management 1, International Standard on Quality Management 2, and ISA 220 (Revised). IAPI also supports students and non-members through educational activities relating to quality assurance and quality management systems.

However, the jurisdiction-level quality assurance framework remains multi-layered, and implementation of the latest quality management standards and related quality management review methodologies is still evolving. Accordingly, IAPI is assessed as Review & Improve for SMO 1 fulfillment.

IAPI is encouraged to continue strengthening implementation support for quality management standards, finalize updates to its quality assurance review methodology to fully reflect systems of quality management, and continue coordination with other responsible authorities to support a more unified and consistently aligned jurisdiction-level quality assurance framework in accordance with SMO 1.

Current Status: Review & Improve

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) shares responsibility for initial professional development and continuing professional development requirements for public accountants in Indonesia under the Public Accountants Act No. 5 of 2011. IAPI administers the Certified Public Accountant examination program, establishes continuing professional development requirements for its members, monitors compliance, and coordinates with its investigation and disciplinary processes where non-compliance with professional education obligations is identified.

IAPI reports that it regularly reviews and updates its qualification syllabus and examination framework to incorporate the latest International Education Standards requirements. The qualification pathway includes academic requirements, professional examinations, practical experience, and continuing professional development obligations for public accountants.

To support implementation, IAPI conducts technical and non-technical workshops, seminars, short courses, conferences, and professional training activities for members. IAPI also disseminates information on continuing professional development opportunities, standards updates, and professional education requirements through its website, newsletters, and other communication channels. In recent years, IAPI has expanded digital and hybrid learning approaches to improve accessibility and support continuous professional learning for members throughout Indonesia.

IAPI demonstrates sustained implementation of SMO 2 through its qualification, examination, continuing professional development, and member support activities and through ongoing incorporation of International Education Standards requirements into the professional education framework. Accordingly, IAPI is assessed as Sustain for SMO 2 fulfillment.

Current Status: Sustain

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) has direct responsibility for establishing auditing and assurance standards in Indonesia under the Public Accountants Act No. 5 of 2011. Through its Audit Standards Committee, IAPI issues the Indonesian Public Accountant Professional Standards based on the pronouncements of the International Auditing and Assurance Standards Board and translated into Bahasa Indonesia.

IAPI has continued updating its standards framework and, during 2022 and 2023, adopted revisions relating to ISAE 3000, ISRE 2400, and ISRE 2410. IAPI also continued progressing adoption activities relating to additional International Auditing and Assurance Standards Board pronouncements, including quality management standards and revised auditing standards. IAPI participates in regional and international standard-setting activities and continues engaging with regulators and stakeholders as part of the national adoption process.

To support implementation, IAPI provides continuing professional development, implementation guidance, standards updates, and awareness activities through training programs, publications, social media, email communications, and its website. IAPI has also increased implementation support relating to quality management standards and revised auditing requirements.

However, auditing standards in Indonesia continue to reflect a time lag relative to the most current International Auditing and Assurance Standards Board Handbook. While IAPI continues to demonstrate significant efforts to reduce the adoption gap and strengthen implementation support, the jurisdiction has not yet fully adopted the latest standards in effect. Accordingly, IAPI is assessed as Review & Improve for SMO 3 fulfillment.

IAPI is encouraged to continue reducing the adoption lag for International Auditing and Assurance Standards Board pronouncements and to further strengthen advance implementation support and change management activities for members prior to the effective dates of new and revised standards.

Current Status: Review & Improve

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI), together with the Institute of Indonesia Chartered Accountants and the Indonesian Institute of Management Accountants, jointly issues the Code of Ethics for Indonesian Accountants applicable to professional accountants in Indonesia. The Code has continued to be updated to reflect revisions to the International Code of Ethics for Professional Accountants, including International Independence Standards, issued by the International Ethics Standards Board for Accountants.

In 2025, the three professional accountancy organizations issued an updated Code aligned with the 2024 International Code of Ethics for Professional Accountants, including revisions relating to technology, tax planning and related services, public interest entity definitions, quality management-related conforming amendments, and engagement team and group audit provisions. IAPI continues to participate in the national ethics standard-setting process and supports coordination with regulators and other professional accountancy organizations regarding implementation and dissemination of the Code.

IAPI supports implementation through continuing professional development, ethics training, awareness activities, and dissemination of ethical requirements through publications, workshops, seminars, and digital learning activities. Ethics-related continuing professional development remains mandatory for members seeking to maintain their professional licenses, and ethics training is also provided to examination candidates, students, and the broader public. IAPI has also conducted implementation support activities on specific ethics revisions, including non-compliance with laws and regulations requirements and independence-related revisions.

IAPI demonstrates sustained implementation of SMO 4 through ongoing adoption of revisions to the International Code of Ethics for Professional Accountants, coordination with national stakeholders, and comprehensive member implementation support activities. Accordingly, IAPI is assessed as Sustain for SMO 4 fulfillment.

Current Status: Sustain

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) does not have direct legal responsibility for adopting public sector accounting standards in Indonesia. Responsibility for developing Government Accounting Standards rests with the Government Accounting Standards Committee under Government Regulation No. 71 of 2010.

IAPI nevertheless continues to support implementation of SMO 5 through its participation in public sector accounting discussions and coordination with relevant stakeholders involved in public sector financial reporting developments. IAPI also monitors and disseminates International Public Sector Accounting Standards Board pronouncements and public sector accounting developments to its members.

To support implementation, IAPI provides continuing professional development activities and awareness programs related to public sector accounting and public sector financial reporting developments. IAPI also makes public sector accounting resources and information available to members through its website and professional education activities.

IAPI demonstrates sustained support for SMO 5 through ongoing promotion of public sector accounting developments, member awareness activities, and participation in discussions relating to Government Accounting Standards in Indonesia. Accordingly, IAPI is assessed as Sustain for SMO 5 fulfillment.

Current Status: Sustain

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) has direct responsibility for investigation and discipline of its members under the Public Accountants Act No. 5 of 2011. IAPI operates investigation and disciplinary arrangements through its Investigation and Discipline Committee and maintains an appeals process through a separate professional ethics and appeals body operating within the organization.

IAPI reports that it periodically reviews its investigation and disciplinary arrangements against the requirements of Statement of Membership Obligation 6 and continues to monitor developments in international best practices. IAPI also coordinates with the Directorate of Financial Profession Development and Supervision, the Indonesia Financial Services Authority, and other professional accountancy organizations regarding enforcement activities and disciplinary matters involving public accountants.

To support implementation, IAPI conducts continuing professional development activities and awareness programs relating to ethics, professional conduct, investigation and discipline requirements, and regulatory obligations. IAPI also disseminates disciplinary requirements and procedures to members through its website, communications, and professional education activities.

However, investigation and discipline responsibilities in Indonesia remain distributed across multiple regulators and professional accountancy organizations, and publicly available information does not clearly demonstrate that all systems across the jurisdiction are consistently aligned with the requirements of SMO 6. In particular, coordination, information-sharing, appeals arrangements, and treatment of cases involving multiple registrations or overlapping regulatory oversight continue to evolve. Accordingly, IAPI is assessed as Review & Improve for SMO 6 fulfillment.

IAPI is encouraged to continue strengthening coordination with the Directorate of Financial Profession Development and Supervision, the Indonesia Financial Services Authority, and other professional accountancy organizations to support a more unified jurisdiction-level investigation and discipline framework aligned with SMO 6 best practices, including harmonized case management, documentation, appeals procedures, and information-sharing arrangements.

Current Status: Review & Improve

The Indonesian Institute of Certified Public Accountants (Institut Akuntan Publik Indonesia, IAPI) does not have direct legal responsibility for establishing accounting standards in Indonesia. Responsibility for financial reporting standards rests with the Indonesian Financial Accounting Standards Board under the Institute of Indonesia Chartered Accountants, which develops Indonesian Financial Accounting Standards based on IFRS Accounting Standards.

IAPI nevertheless supports implementation of SMO 7 through its representation on the Indonesian Financial Accounting Standards Board and through ongoing coordination with the Institute of Indonesia Chartered Accountants, regulators, and industry stakeholders regarding financial reporting developments and IFRS convergence activities. IAPI also participates in discussions relating to sustainability reporting developments and implementation of IFRS Sustainability Disclosure Standards in Indonesia.

To support implementation, IAPI provides continuing professional development programs, seminars, workshops, and technical updates on accounting standards and financial reporting developments for members and the broader public. IAPI also conducts joint educational activities with the Institute of Indonesia Chartered Accountants and liaises with industry associations and regulators to promote awareness and implementation of IFRS-based standards.

IAPI demonstrates sustained support for SMO 7 through its participation in the standard-setting process, implementation support activities, and ongoing promotion of IFRS-based financial reporting requirements in Indonesia. Accordingly, IAPI is assessed as Sustain for SMO 7 fulfillment.

Current Status: Sustain