The Implementation of Accounting Standards for Coffee Plantation

Coffee is one of the most prominent agricultural products In Indonesia, besides other commodities such as palm oil, rubber, cocoa, and tea. The International Accounting Standards Board (IASB) regulates agriculture business in IAS 4. which was issued December 2000 prospectively applied worldwide on 1 st January 2003. standard encourages coffee plantations to be recorded at their fair value leads many contradictions. 2014, IASB amended 41 specifically for bearer plants because it used only production, should treated similarly property, plant, equipment (PPE). main challenge versatility. As growth plantation industry Indonesia increases, accountability has become an important issue deal with. there are scarce studies regarding adoption accounting standards this research intended give fresh insights from owner’s perspective implementation related standards. This employs a qualitative method with semi-structured interview triangulation method. Our findings show that farmers already complied PSAK 16 69, even though still challenges company faced since high versatility uncertainty.