BPJS Ketenagakerjaan Strengthens Financial Governance Through Accounting Standards Discussion

Enhancing Transparency and Accountability

BPJS Ketenagakerjaan organized a national panel discussion titled 'Conformity and Challenges of Implementing Accounting Standards in the Context of Social Security' on November 13, 2025, at Universitas Gadjah Mada. The event brought together key stakeholders including academics, accounting practitioners, and regulatory representatives to discuss the implementation of Financial Accounting Standards (SAK) in the context of social security institutions.

Key Discussions and Insights

Asep Rahmat Suwandha, Director of Finance and Risk Management at BPJS Ketenagakerjaan, emphasized that accounting practices in public institutions go beyond administrative compliance, representing a commitment to managing public funds responsibly. He stated, 'Accounting is not just about numbers or annual reports, but about trust. Every rupiah we manage contains the mandate of millions of Indonesian workers that we must account for honestly and transparently.'

Singgih Wijayana, an academic from Universitas Gadjah Mada, highlighted the importance of synergy between standard setters, regulators, academics, and social security institutions. He noted that such forums are crucial for creating high-quality accounting standards that meet both local needs and international best practices.

Launch of New Publications

The event also featured the launch of three new books by Asep Rahmat Suwandha: 'Financial Reporting for Social Security,' 'Operational Control,' and 'Current Risk.' These publications represent BPJS Ketenagakerjaan's efforts to enhance understanding of social security accounting and contribute to improved financial literacy in Indonesia.

Future Implications

Through this initiative, BPJS Ketenagakerjaan aims to strengthen collaboration with regulators, academics, and accounting practitioners to develop a more transparent and accountable financial reporting system. This effort is expected to enhance the organization's governance and credibility in managing social security funds.