Transformasi Pengaturan Kerja Sama Operasi dan Usaha Ventura Menuju PSAP 19

Studi Regulasi dan Perspektif KSAP

Abstract

Purpose: This study aims to comprehensively analyze the transformation of regulations regarding Joint Arrangements (KSO) and joint ventures in light of PSAP 19, as well as to identify potential challenges associated with the transition to its implementation within the government sector. Method: Employing a descriptive-exploratory qualitative method—involving data collection through interviews with KSAP representatives and regulatory analysis—the study finds that pre-PSAP 19 regulations were fragmented, with accounting classifications determined more by the legal form of the collaborative vehicle than by the substance of the parties' rights and obligations. Results: The transformation leading to PSAP 19 was primarily driven by KSAP’s efforts toward harmonization and convergence with international standards (IPSAS 37), though the government faces significant challenges in this transition. Implications: Future research should not only focus on the normative and conceptual aspects of PSAP 19 but also begin to empirically examine its implementation once the standard becomes effective. Novelty: As the implementation of PSAP 19 will take effect for the 2026 financial reporting period, this study addresses a research gap, serving as a valuable academic reference for understanding the dynamics of harmonizing government accounting standards with international standards.