In 1994, IAI has again total revised the PAI in 1984 and to be codification in the book "Financial Accounting Standards (SAK)" as of October 1, 1994. Development of the third accounting standards are intended to meet the needs of the business community and accounting profession in order to follow and anticipate the developments that occurred in Indonesia and internationally. Since 1994, IAI has also been formulated for harmonization with international accounting standards in the development of standards. The option to refer to international accounting standards that are consequences of the disclosure accounting profession Indonesia in facing globalization. Since 1994, PAI was changed to the Financial Accounting Standards (SAK – Indonesian GAAP). The new standards can be viewed as a change rather than repairs or improvements. Many things changed dramatically, viewed from the paradigm, terminology, and presentation. IAI made courageous decisions in 1994 that include Accounting Development Strategy 1994-2000: