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INSTITUT AKUNTAN PUBLIK INDONESIA (IAPI)

History of IAPI

The Indonesian Institute of Certified Public Accountants (IICPA) has a long history, dating back to the founding of the Indonesian Institute of Accountants in 1957, the first Indonesian accounting association. The development of the Indonesian public accounting profession and organization is inextricably linked to economic developments, both domestic and foreign business and investment, the capital market, and global influences. Broadly speaking, the historical milestones in the development of the Indonesian public accounting profession and organization have been significantly influenced by changes in the national economy in particular and the global economy in general.

Footprints

Prof. R. Soemardjo Tjitrosidojo and four other first graduates of the Faculty of Economics, University of Indonesia, namely Drs. Basuki T. Siddharta, Drs. Hendra Darmawan, Drs. Tan Tong Joe, and Drs. Go Tie Siem, founded the Indonesian Institute of Accountants (IAI) on December 23, 1957.

On April 7, 1977, twenty years after the IAI was founded, Drs. Theodorus M. Tuanakotta established the Public Accountants Section as a forum for public accountants in Indonesia to implement public accountant development programs.

At the 7th IAI Congress in 1994, IAI members agreed to grant autonomy to public accountants by transforming the Public Accounting Section into a Public Accounting Compartment. This was in response to developments in the capital market and banking sector in Indonesia, which required changes to Financial Accounting Standards and Public Accounting Professional Standards to align with international standards.

On May 24, 2007, the Indonesian Institute of Certified Public Accountants (IAPI) was officially established. This establishment was decided at the Extraordinary General Meeting of Members of the IAI – Public Accountants Compartment. This organizational change was intended to meet the requirements of the International Federation of Accountants (IFAC) regarding the profession and ethics of public accountants.

KMK no. 443/KMK.01/2011 was issued regarding the Establishment of IAPI as a Professional Association of Public Accountants which recognizes IAPI as an organization authorized to conduct the Public Accountant Professional Examination, prepare and determine the Professional Standards and Ethics of Public Accountants, and organize Continuing Education Programs, as well as Public Accountant Quality Reviews.

Vision

To be a professional organization that maintains public trust and brings Indonesian Public Accountants as a relevant and sustainable profession now and in the future.

Mission

Serving the public interest and ensuring the independence and integrity of public accountants in accordance with professional ethics, both at the national and global levels.
Improving the capacity and capabilities of public accountants in accordance with the Statements of Membership Obligations (SMO) of the International Federation of Accountants (IFAC), both at the national and global levels.
Encourage the growth of public accountants in Indonesia, both nationally and globally.
To be a representative of the public accounting profession to maintain dignity and create a healthy and conducive ecosystem within the institution, both at the national and global levels.
Providing impact and influence for the future of the public accounting profession nationally and globally, both at the national and global levels.