Jakarta, hitclubapk3 Indonesia
—
The government requires all companies to ship
financial reports
to
Ministry of Finance
(
Ministry of Finance
) from 2027.
This policy is contained in Government Regulation (PP) Number 43 of 2025 concerning Financial Reporting.
The Ministry of Finance encourages the formation of a financial reporting ecosystem that is interconnected, standardized and consistent across all sectors so that the quality of national financial data continues to improve with this new regulation.
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“PP 43 of 2025 is designed to strengthen the foundation of transparent and accountable financial governance so that the resulting financial reports can be a reliable reference for decision making at the corporate level and public policy,” said Director General of Financial Sector Stability and Development of the Ministry of Finance Masyita Crystallin, Monday (24/11), as reported
detikfinance
.
Through this new regulation, the Ministry of Finance has established a mechanism for preparing, submitting and utilizing financial reports that applies across sectors.
The Ministry of Finance wants the quality of all companies’ financial reports to be improved.Apart from that, there is a simplification of the reporting process through the Joint Financial Reporting Platform (PBPK) or
Single Window Financial Reporting
(FRSW).
The ministry led by Purbaya Yudhi Sadewa hopes that standardized financial reports can support the preparation of fiscal and economic policies based on actual data.
These reports can also be verified across sectors while maintaining the security and reliability of the reporting system used.
It is hoped that national financial reporting will no longer stand alone in each sector.
“The Joint Financial Reporting Platform will be the main node for data integration so that the reporting process is simpler for business actors, but at the same time enriches the government’s database for the formulation of targeted policies,” he said.
Masyita said this new policy will be implemented gradually and proportionally so that it can run effectively without disrupting the operational stability of business actors.
The Ministry of Finance has determined that this new financial reporting system will apply no later than the capital markets sector.For other sectors, implementation is adjusted to the implementation stages according to readiness and the results of coordination between the Ministry of Finance and related ministries/institutions and authorities.
“We designed this financial reporting transformation in a gradual and inclusive manner, so that business actors of various scales, including MSMEs, can adapt realistically without reducing the quality of reporting,” said Masyita.
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(dhf/sfr)
