<![CDATA[International accounting convergence, particularly the adoption of International Financial Reporting Standard (IFRS) 17 as PSAK 117 in Indonesia, has fundamentally changed premium revenue recognition, liability measurement, and earnings-management incentives in the insurance industry. This article presents a narrative literature review of seven academic sources addressing earnings quality, earnings management, and the consequences of PSAK 117/IFRS 17 adoption, in both global and Indonesian contexts. The review method involved a critical, comparative synthesis of studies employing discretionary-accruals models, financial-ratio analysis, and a PRISMA-guided systematic literature review. The results show that earnings quality is a multidimensional construct that cannot be reduced to a single proxy; IFRS convergence in Indonesia is generally associated with a decline in earnings management as measured by discretionary accruals, yet insurance-specific PSAK 117 opens new discretionary space through actuarial assumptions such as the discount rate and the Contractual Service Margin, which can be exploited for managerial purposes. International evidence further confirms increased earnings volatility after IFRS 17 adoption, with earnings management significantly more prevalent in insurance than in reinsurance companies. The article closes with a theoretical synthesis through agency theory and legitimacy theory, contributing to the accounting literature by mapping research gaps for future empirical studies, particularly within the Indonesian insurance sector.]]>
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