THE AWARENESS LEVEL TO THE IFRS

International Financial Reporting Standards (IFRS) are a set of International Accounting standards issued by the International Accounting Standards Board (IASB). The aim is to help companies communicate their financial statements, and to be used by stakeholders to compare company financial information from around the world. The development of global financial reporting implies the importance of educating students about global financial statements. Accounting students will later become accounting professionals. This is an important consideration for universities to plan the integration of IFRS into the accounting curriculum. The development of IFRS-based learning methods is expected to increase student confidence that IFRS learning can help and is very useful for them as accountants in the future. The level of learning expectations (results) that pay attention to IFRS aims to make students have adequate knowledge in accounting that applies in the world of accounting practices. Another factor that also greatly influences IFRS learning is the language factor. Given the importance of integrating IFRS into accounting education, advice that can be given to educational institutions or universities is to continue to increase student awareness about developing Accounting Standards by participating in developing learning methods (pedagogy) and results in studying IFRS, especially for Accounting students. The importance of understanding IFRS in the global world requires every educational institution to revise and update curriculum, learning methods, and reading sources that refer to current accounting standards in Indonesia, namely IFRS-based Financial Accounting Standards.