The adoption has an implication on

The adoption has an implication on the compliance of all accounting standards and practices on the principles, norms, and values embraced by IFRS. The adoption and implementation of IFRS in Indonesia as a developing country are very interesting to note and observe. Various perspectives can be used to see the adoption. This study aims to uncover the economic and political interests of why Indonesia adopts IFRS. Gernon and Wallace’s (1995) ecological theory of accounting is used as an instrument of