Main Purpose: This study aims to determine how the analysis of PSAK 118 on financial statements, specifically profit and loss statements reported by Securities Company (Broker-Dealers and Underwriters), is done through OJK’s eReporting system.

Method: This study adopts a qualitative research approach, with the primary object of analysis being the statement of profit or loss template of Securities Companies submitted by Securities Brokerage Firms (PPE) and Underwriters (PEE) through the Otoritas Jasa Keuangan (OJK) e-Reporting system. The research is complemented by in-depth interviews with eight informants selected based on their direct involvement and firsthand knowledge. The analytical method employed is document analysis to examine the conformity of the template with the provisions of PSAK 118.

Main Findings: The implementation of PSAK 118 necessitates the restructuring of mandatory elements within the statement of profit or loss template of Securities Companies in the OJK e-Reporting system, particularly the clarification of key line items and subtotals that require structural uniformity across entities. This phenomenon, as evidenced by document analysis and informant interviews, enhances the comparability of financial information and strengthens OJK’s supervisory function. Consequently, the template modification requires only a limited configuration adjustment rather than a full-scale system redevelopment.

Theory and Practical Implications: This study reinforces Decision Usefulness Theory by providing a more standardized and decision-useful statement of profit or loss information for investors and analysts, thereby enhancing the effectiveness of economic decision-making. From a policy perspective, it is recommended that OJK undertake template configuration adjustments to ensure alignment with the latest accounting standards, without requiring full system redevelopment, in order to optimize supervisory functions and improve comparability across Securities Companies.