Indonesia will begin mandatory use of its new centralized financial reporting platform, the Platform Bersama Pelaporan Keuangan (PBPK), for the first group of companies in 2027. Under Government Regulation No. 43 of 2025 (PP 43/2025), the PBPK will provide a single system for submitting financial statements that is accessible to relevant government authorities.
Issuers and public companies will be the first required to use the system. Privately held companies, including most foreign-owned PT PMAs, will follow under later implementation stages.
What Changes in Indonesia’s Financial Reporting System in 2027?
The first mandatory PBPK stage applies to issuers and public companies in Indonesia’s capital market. Annual financial statements submitted in 2027 may relate to the 2026 financial year, while interim statements submitted during 2027 may cover periods within 2027.
Issuers and public companies in the capital market must begin submitting financial statements through the PBPK no later than 2027. Annual financial statements submitted in 2027 may relate to the 2026 financial year, while interim statements submitted during 2027 may cover periods within 2027.
PP 43/2025 also requires that financial statements be prepared by individuals with the requisite competence and integrity. The relevant authority can set the qualifications required, taking into account factors such as the company’s size and industry.
Competence may be demonstrated through relevant education, professional accounting certification, or registered accountant credentials. PP 43/2025 does not, however, require every company’s financial statements to be prepared by someone holding the Chartered Accountant (CA) designation.
Indonesia’s existing Financial Accounting Standards (SAK) will also continue to apply during the transition until new standards are introduced under the new system for setting accounting standards.
Does This Mean Every Indonesian Company Must Be Audited?
The PBPK does not create a universal requirement for Indonesian companies to have their financial statements audited from 2027.
Indonesia already has separate rules on which companies must have their financial statements audited. Under the Company Law, these include companies meeting specified conditions, such as having assets or annual turnover of at least IDR 50 billion (USD 3.1 million), as well as certain public-interest and regulated entities.
There is also a distinction between a Chartered Accountant (CA) and an Akuntan Publik, or licensed public accountant. The competence requirements under PP 43/2025 concern the preparation of financial statements. Preparing financial statements is different from conducting an independent audit.
Where Indonesian law requires an audit, it must be conducted by a properly licensed public accountant under the applicable professional requirements.
What Should Foreign Investors Prepare Before 2027?
Foreign investors should check whether their bookkeeping can produce the financial information required under the new reporting system
This is especially relevant for Indonesian subsidiaries of multinational groups. A parent company may use a different chart of accounts, reporting currency, accounting system, or group reporting format. These differences may need to be reconciled with the Indonesian company’s local accounting records.
Prepare for Indonesia’s 2027 Reporting Changes with MAP Resources Indonesia
MAP Resources Indonesia can assist foreign-owned companies with bookkeeping, accounting, financial reporting, tax compliance, and audit coordination. Contact us at info@mapresourcesindonesia.com.
