Written by Natalia Paranoan, S.E., M.Si. Ak., | Wendy K. Tikupadang, S.E. | Universitas Kristen Indonesia Paulus Makasar
Buffalo in Toraja culture is not only used as animal sacrifice, but also as a non monetary exchange. In Toraja, people use buffalo in trading activities, since they value buffalo as the highest treasure, which is more valuable than gold. Buffalo is used as a standard of measuring the value called tedong sang pala. This practice describes traditional accounting practice in Toraja. The accounting practice in Toraja is influenced by the local traditions that deeply rooted in the people’s lives.