IAPI to Take Action Against Unlicensed Freelance Accountants

Protecting the Public Accounting Profession

The Indonesian Institute of Public Accountants (IAPI) is set to issue numerous warnings to freelance accountants who are operating without proper certification and claiming to be public accountants. This decision follows multiple complaints regarding financial reports that do not meet professional standards.

Concerns Over Professional Standards

IAPI chairman Tubagus Manshur expressed concern that these unlicensed practitioners are damaging the ecosystem of the public accounting profession. Manshur emphasized that the issuance of financial reports by unqualified individuals is a serious issue that needs to be addressed. "We're not just talking about accountants, but those who issue public accountant reports without proper authorization," Manshur explained during a panel discussion.

Planned Actions and Implications

Manshur revealed that IAPI is planning to issue warnings not only to the freelance accountants but also to companies that use their services. This comprehensive approach aims to ensure compliance with professional standards in financial reporting. The move is expected to have significant implications for both freelance practitioners and businesses that rely on their services.