ANALYSIS OF THE APPLICATION OF STATEMENT OF FINANCIAL ACCOUNTING STANDAR (PSAK 16) ON FIXED ASSETS AT PT SAGATRADE MURNI

Abstract

ABSTRACT

The purpose of this study was to determine the suitability of the application of accounting for fixed assets at PT Sagatrade Murni with Statement of Financial Accounting Standard (PSAK) 16.

Data collection techniques were carried out by collecting data relating to the application of fixed assets at PT. Sagatrade Murni. The analytical tool used is Statement of Financial Accounting Standards (PSAK) 16; the method used is a comparative research method that compares the application of fixed assets at PT. Sagatrade Murni with Statement of Financial Accounting Standards (PSAK) 16. According to Dean J. Champion in his 1990 Basic Statistics for Social Research, calculations were carried out using the Champion formula.

The results showed that the application of fixed assets at PT. Sagatrade Murni was in accordance with 86,7% hypothesis rejected because it was in accordance with Statement of Financial Accounting Standards (PSAK) 16.

The conclusion from this study the application of fixed assets at PT. Sagatrade Murni is in accordance with Statement of Financial Accounting Standards (PSAK) 16 regarding fixed assets but is not yet fully maximized because the company also implements its own management policy on the acquisition of its fixed assets purchased in cash and on expenses after acquisition.