​​​About KAKBI
Bank Indonesia has implemented KAKBI as the
accounting standards for the preparation and presentation of financial
statements, as regulated by the Board of Governors Regulation. KAKBI consists of
two main components: the Fundamental Principles for the Preparation and
Presentation of Financial Statements (PDP2LK) and the Financial Accounting
Policy Statements of Bank Indonesia (PKAK-BI).
The development of these accounting standards
for Bank Indonesia, initiated in 2008, starting with discussion forums involving
practitioners and academics to address the unique characteristics of Bank
Indonesia and determine appropriate accounting standards that could be used as a
reference. From various discussions and studies, it was concluded that Bank
Indonesia cannot fully adopt general accounting standards due to its unique
objectives, necessitating accounting standards tailored to the characteristics
of Bank Indonesia.
KAKBI Committee
To ensure independence in developing Bank
Indonesia's accounting standards, an independent KAKBI Committee was
established. This Committee is responsible for preparing and developing KAKBI,
as stipulated in Board of Governors Regulation. Its primarily consists of
external parties, including accounting experts from professional organisations
(The Institute of Indonesian Chartered Accountants (IAI)), academics,
practitioners in accounting, as well as representatives from the Supervisory
Board of Bank Indonesia.
KAKBI Committee was established to develop
accounting standard that represents the unique objectives and transaction
characteristics of Bank Indonesia as a central bank, which differs from
commercial and other public institutions. The preparation of KAKBI as a special
accounting standard for Bank Indonesia aims to enhance transparency and
accountability in the preparation of Bank Indonesia's Financial Statements.
The KAKBI Committee consists of several bodies:
the Committee Chair, the Steering Board, the Technical Team and the Secretariat.
The Chairman of KAKBI Committee is Deputy Governor responsible in financial
management function. The Steering Board is responsible for evaluating dan
approving KAKBI's draft prepared by the Technical Team.
During its preparation, KAKBI Committee follows
to a thorough and prudent due process to ensure that KAKBI is objective and
meets the highest standards of quality.
Committee Structure​
Committee Chair
Member of the Board of Governors overseeing
the financial management function, Destry Damayanti.
Steering Board
1
|
Rosita Uli Sinaga
|
Chair of the
steering Board, also member |
Rosita Uli Sinaga currently serves as a
National Board Member of The Institute of Indonesian Chartered
Accountants (IAI) and a Partner at KAP Amir Abadi Jusuf, Aryanto,
Mawar & Rekan (RSM Indonesia). |
2
|
Rika Satriana Dewi
|
Member (Ex Officio
from Bank Indonesia) |
Rika Satriana Dewi currently serves as
the Head of Bank Indonesia Finance Department. |
3
|
Prof. Sidharta Utama |
Member |
Prof. Sidharta Utama currently serves
as the Chairman of the Financial Services Authority (OJK)
Supervisory Board, the Secretary of the National Committee on
Governance Policy of Indonesia, the Chairman of the Indonesian
Institute for Corporate Directorship (IICD) Advisory Board, a
National Board Member of The Institute of Indonesian Chartered
Accountants (IAI), a Supervisory Board Member of the Indonesian
Institute of Certified Public Accountants (IAPI), the Chairman of
the Audit Committee of PT Astra Graphia Tbk., and a Professor at
Universitas Indonesia. |
4
|
Amir Abadi Jusuf |
Member |
Amir Abadi Jusuf currently serves as
the Chief Executive Partner at KAP Amir Abadi Jusuf, Aryanto, Mawar
& Rekan (RSM Indonesia). |
5
|
Prof. Mohamad Khusaini |
Member (Ex Officio
from Supervisory Board of Bank Indonesia) |
Prof. Mohamad Khusaini currently serves
as a Member of the Supervisory Board of Bank Indonesia, and as a
Professor and Lecturer at Universitas Brawijaya. |
6
|
M. Jusuf Wibisana |
Member |
M. Jusuf Wibisana currently serves as a
National Board Member of The Institute of Indonesian Chartered
Accountants (IAI) and a Partner at KAP Rintis, Jumadi, Rianto &
Partners (PwC Indonesia). |
7
|
J. B. P. Simandjuntak |
Member (Ex Officio
from Bank Indonesia) |
J.B.P. Simandjuntak currently serves as
the Head of the Strategic Financial Management Group of the Finance
Department of Bank Indonesia, a Member of the Financial Accounting
Standards Advisory Board of the Institute of Indonesian Chartered
Accountants (IAI), and a Member of the Steering Committee for
Financial and Sustainability Reporting Accounting Policy of
State-Owned Enterprises. |
8
|
Saptadi |
Member (Ex Officio
from Bank Indonesia) |
Saptadi currently serves as the Head of
the Financial Accountability Group of the Finance Department of Bank
Indonesia and a Member of the Sustainability Standards Oversight
Board of the Institute of Indonesian Chartered Accountants (IAI). |
9
|
Dwi Martani |
Member |
Dwi Martani currently serves as a
Member of the Audit Committee at the Ministry of Finance, the Deputy
Chairman of the Government Accounting Standards Committee (KSAP), a
Member of the Continuing Professional Education Committee of the
Indonesian Institute of Certified Public Accountants (IAPI), a
Member of the Audit Committee of PT Saka Energi Indonesia, and a
Lecturer at Universitas Indonesia. |
10
|
Prof. Dr. H. Slamet Sugiri |
Member |
Prof. Dr. H. Slamet Sugiri currently
serves as a Professor and Lecturer at Universitas Gadjah Mada. |
11
|
Severinus Indra Wijaya |
Member (Ex Officio
from Financial Accounting Standards Board of the Institute of
Indonesian Chartered Accountants (IAI)) |
Severinus Indra Wijaya currently serves
as the Chairman of the Financial Accounting Standards Board of
Institute of Indonesian Chartered Accountants (IAI), a Member of the
Public Accountants Professional Committee (KPAP), and a Partner at
KAP Siddharta Widjaja & Rekan (KPMG Indonesia). |
12
|
Kusumaningsih Angkawijaya |
Member |
Kusumaningsih Angkawijaya currently
serves as the Chairman of the Board of Directors of Indonesian
Institute of Certified Public Accountants (IAPI), a Member of the
Public Accountants Professional Committee (KPAP), and a Partner at
KAP Siddharta Widjaja & Rekan (KPMG Indonesia). |
13​
|
Danil S. Handaya |
Member
|
Danil S. Handaya currently serves as a
Partner at KAP Purwanto, Sungkoro, and Surja (EY Indonesia).​
|
Technical Team – Resource Persons
1
|
Prof. Sylvia Veronica Siregar |
Sylvia Veronica Siregar currently
serves as the Chairman of the Board of Directors of the Institute of
Certified Sustainability Practitioners (ICSP), a Member of the
Organization and Institutional Relations Committee of Institute of
Indonesian Chartered Accountants (IAPI), a Member of the Working
Group of Public Sector Accounting Standards Committee (KSAP), a
Member of the Audit Committee of PT. Taisho Pharmaceutical
Indonesia, Tbk., and a Professor and Lecturer at Universitas
Indonesia. |
2
|
Prof. Ratna Wardhani |
Ratna Wardhani currently serves as the
Board of Examination of the Institute of Certified Sustainability
Practitioners (ICSP), a Member of the Working Group of Public Sector
Accounting Standards Committee (KSAP), the Chairman of the Audit
Committee of PT. Astra Agro Lestari, Tbk., an Independent
Commissioner of PT. Astra Agro Lestari, Tbk, and a Professor and
Lecturer at Universitas Indonesia. |
3
|
Prof. Jaih Mubarok |
Jaih Mubarok currently serves as the
Secretary of the National Sharia Board of Indonesian Ulama Board
(DSN-MUI) and a Lecturer at Universitas Ibn Khaldun Bogor. |
4
|
M. Dawud Arif Khan |
M. Dawud Arif Khan currently serves as
the Deputy Treasurer of the National Sharia Board of Indonesian
Ulama Board (DSN-MUI). |
5
|
Liana Lim |
Liana Lim currently serves as a
Partner at KAP Imelda & Rekan (Deloitte Indonesia). |
6
|
Yan Rahadian |
Yan Rahadian currently serves as a
Member of the Audit Committee of PT. Perusahaan Gas Negara, Tbk., a
Member of the Working Group of Public Sector Accounting Standards
Committee (KSAP), and a Lecturer at Universitas Indonesia. |
7
|
Yanto Kamarudin |
Yanto Kamarudin currently serves as a
Member of the Professional Accountant Certification Board of
Institute of Indonesian Chartered Accountants (IAI) and a Partner at
KAP Rintis, Jumadi, Rianto & Partners (PwC Indonesia). |
8
|
Yasir |
Yasir currently serves as the Chairman
of the Sharia Accounting Standards Board of Indonesian Chartered
Accountants (IAI) and a Partner at KAP Purwanto, Sungkoro, and Surja
(EY Indonesia). |
9
|
Teuku Radja Syahnan |
Teuku Radja Syahnan currently serves
as an Independent Commissioner and the Chairman of the Audit
Committee of Bank Commonwealth Indonesia, and an Expert Staff for
Member I of the Audit Board of the Republic of Indonesia (BPK-RI). |
10​
|
Irwan Lawardy Lau |
Irwan Lawardy Lau currently serves as
a Member of the Financial Accounting Standards Board of Indonesian
Chartered Accountants (IAI), a Member of the Steering Committee for
Financial and Sustainability Reporting Accounting Policy of
State-Owned Enterprises, and a Partner at KAP Rintis, Jumadi, Rianto
& Partners (PwC Indonesia).
|
Technical Team – Bank Indonesia
Tonny Indarto, Sri H.R. Pahlevi, Ria Aulia
Sasongko, Egiya Riahta, Cintya Wulandari, Dyah Ayu Larasati, Abraham Kevin
Maratur, Galih Pradhono, Dinar Mahalianti, Arisona Lestari B., Christine A.
Gultom, Rian Rahman Yuntoharjo, Kusfisiami Wima Mustika, Agustian Singgih,
Tri Puji Lestari, Yason Taufik Akbar, Putri Almainda Kamila, Lia Sari
Oktara, Pamungkas Hadi Susmono, Puji Dwiyani, Nur Chairur Rohim.​
Technical Team – Academics
Members of the Center of Accounting
Development (PPA), Faculty of Economics and Business, Universitas
Indonesia.
Secretariat
Accounting Policy Team – Finance
Department, Bank Indonesia​
Committee Duties and Authorities
Steering Board
Authorized to:
- Provide independent input on the studies and concepts of PKAK-BI prepared
by the Technical Team.
- Provide approval for the draft of PKAK-BI.
- Provide opinions and recommendations for the refinement and/or revocation
of PKAK-BI.
Technical Team
Responsible for conducting studies on
financial accounting policy issues approved by the Steering Board and
preparing academic manuscripts for PKAK-BI.
​Secretariat
Responsible for administration, organizing
Steering Board Meetings, documenting committee meetings and/or activities
and archiving documents.
