Abstract
This research aims to analyze and adapt the financial reporting of non-profit entities based on Interpretation of Financial Accounting Standards 35 (ISAK 35): concerning the Presentation of Financial Statements for Non-Profit Oriented Entities. Namely the interpretation of the Statement of Financial Accounting Standards 1 (PSAK 1): concerning the Presentation of Financial Statements. For other accounting provisions for non-profit entities, it refers to the Financial Accounting Standards for Entities without Public Accountability (SAK ETAP) and Sharia Accounting Standards (SAS). Qualitative research was conducted with a case study at the University of Ibrahimy Sukorejo Situbondo. The results of this study, it is necessary to change the accrual basis recording method with the double entry system, preparation of adjusting journals to then compilation of financial position reports, comprehensive income reports, changes in net assets reports, cash flow reports and notes on financial reports based on ISAK 35. Adaptation of university financial reports Ibrahimy based on ISAK 35 is carried out by adjusting the required account posts by Ibrahimy University with the accounts stated in the Interpretation of Financial Accounting Standards 35 (ISAK 35)
Highlights
Peran akuntansi pada segi pengelolaan keuangan suatu entitas semakin disadari oleh banyak pihak, baik entitas yang berorientasi laba ataupun nonlaba
adapt the financial reporting of non-profit entities based on Interpretation of Financial Accounting Standards 35
it refers to the Financial Accounting Standards for Entities
Summary
Peran akuntansi pada segi pengelolaan keuangan suatu entitas semakin disadari oleh banyak pihak, baik entitas yang berorientasi laba ataupun nonlaba. Pertanggal 11 April 2019 pencabutan atas PSAK 45 yang tertuang dalam PPSAK 13 dan diterbitkan Interpretasi Standar Akuntansi Keuangan 35 (ISAK35) : Penyajian Laporan Keuangan Entitas Berorientasi Nonlaba; yang merupakan interpretasi dari PSAK 1. Universitas yang dikelola pihak swasta (private university), pelaksanaan akuntansinya berdasarkan standar akuntansi yang diatur oleh Financial Accounting Standard Board- FASB (Dewan Standar Akuntansi Keuangan) dalam Statement of Financial Accounting Concepts nomor 4 (SFAC 4) tentang tujuan laporan keuangan untuk organisasinirlaba. Sedangkan beban harus diakui atas dasar akrual dan dapat diklasifikasikan pada basis alaminya atau secara fungsional, untuk entitas nonlaba yang tidak profit oriented seperti universitas (Hastuti, 2015). Kemudian untuk komponen penghasilan komprehensif lain/ Other Comprehensive Income adalah perubahan surplus revaluasi, pengukuran kembali atas program manfaat pasti, keuntungan dan kerugian yang muncul dari penjabaran laporan keuangan dari kegiatan usaha luar negeri, pengukuran kembali asset serta lindung nilai arus kas (Kurniawan, 2017). Teori stewardship menjabarkan kinerja entitas dapat meningkat karena ada sifat amanah, integritas, jujur, setia dan bertanggung jawab terhadap komitmen entitas
Sign-in/Register to view highlights & summary Sign-in/Register to access full text options 
Talk to us
Join us for a 30 min session where you can share your feedback and ask us any queries you have
Schedule a callDisclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.
