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Brief Explanation of PSAK 71, 72 and 73

For the companies that use PSAK for their accounting policy, financial statements for the year 2020 could be affected by these accounting standards “PSAK” 71 (Financial instrument), 72 (Revenue from Customer Contract), and 73 (Leases) which must be implemented for the accounting period starting from January 2020. Those accounting standards are adopted from IFRS 9, 15, and 16. Some significant changes are as follows:

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