Development of management accounting practices in Indonesia

Authored by: Johnny Jermias

The Routledge Handbook of Accounting in Asia

Print publication date:  August  2017
Online publication date:  August  2017

Print ISBN: 9781138189034
eBook ISBN: 9781315641867
Adobe ISBN:


 Download Chapter



Indonesia is located along the equator in South East Asia, consisting of approximately 17,500 islands and a population of more than 252 million (Statistics Central Bureau, 2015), which places the country as the fourth most populous in the world. Indonesia became independent when the Republic of Indonesia was established on August 17, 1945. Prior to its sovereignty from the Dutch, Indonesia was colonized by the Portuguese (1512), the British (1685), and the Japanese (1942–1945). The Dutch occupied Indonesia for about 350 years (1595–1945) (Meyer et al., 2009). During Dutch colonization, all important economic activities were managed by the Dutch and the role of the islands’ original inhabitants was limited to small-scale, family-owned businesses. It is not surprising that, prior to its independence, there was no accounting profession or accounting standards or regulations in Indonesia.

Search for more...
Back to top

Use of cookies on this website

We are using cookies to provide statistics that help us give you the best experience of our site. You can find out more in our Privacy Policy. By continuing to use the site you are agreeing to our use of cookies.