A ANALYSIS OF ACCOUNTING TREATMENT OF FIXED ASSETS BASED ON PSAK 16 (Case Study: at Al Ma'ruf Foundation (YAM) Surabaya)

Abstract

This study aims to analyze the accounting treatment of fixed assets based on PSAK 16, namely recognition, measurement, depreciation, termination and presentation of fixed assets in the financial statements of the Al Ma'ruf Foundation (YAM) Surabaya. The study uses a qualitative descriptive method, and data collection used is by interview, documentation, and observation.

The results of this study indicate that the accounting treatment of YAM Surabaya's fixed assets is not fully in accordance with PSAK 16. The treatment of YAM's fixed assets that is in accordance with PSAK 16 is recognition, measurement, depreciation, and presentation of financial statements, while the disposal or termination of fixed assets has not been carried out by YAM.