The Problematic Implementation Of Financial Accounting Standards In Asean Countries: A Systematic Literature Review


  • Asyari National University, Jakarta
  • Khairul Saleh L. Tobing National University, Jakarta
  • Syamsudin National University, Jakarta
  • Kumba Digdowiseiso National University, Jakarta



ASEAN, Challenges in IFRS implementation, International Financial Reporting Standards


IFRS, or International Financial Reporting Standards, is a financial accounting standard that offers numerous benefits to countries that implement it. One group of countries that has been striving to adopt IFRS includes the member states of ASEAN. However, despite the significant potential of using IFRS as a financial accounting standard, many challenges need to be addressed by ASEAN member countries in implementing IFRS. In this research, a systematic literature review was employed to identify the factors that pose problems or constraints in the adoption of IFRS as a financial accounting standard in ASEAN member countries. Existing literature was used for data collection and analysis. The research found that, broadly, the challenges or issues faced by ASEAN countries include political instability, a lack of human resources with a deep understanding of IFRS financial accounting standards, differences in regulations, particularly in taxation, and a shortage of technological infrastructure


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How to Cite

Asyari, Tobing, K. S. L. . ., Syamsudin, & Digdowiseiso , K. . (2023). The Problematic Implementation Of Financial Accounting Standards In Asean Countries: A Systematic Literature Review. INTERNATIONAL JOURNAL OF ECONOMICS, MANAGEMENT, BUSINESS, AND SOCIAL SCIENCE (IJEMBIS), 3(2), 532–540.




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