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Tugas 4 - 1992040013 Arini Mutmainnah - Pa - A 2019
Tugas 4 - 1992040013 Arini Mutmainnah - Pa - A 2019
NIM : 1992040013
CLASS : A
STUDY PROGRAM : ACCOUNTING EDUCATION
2. Look at the assets and liability on the balance sheet if you want to know how
the company's doing
4. We need to look at the long-term liabilities before we think about any major
new purchases
6. Current debt are those which are paid off wthin a year
DISCUSSION (SPEAKING)
2. Select Specialization.
In Indonesia, there are four types of SAK that apply. Each of these SAKS is used
according to the type of business or organization. The preparation and application of
these types of SAK has been adapted to the development of the business world in
Indonesia......
1. PSAK-IFRS
PSAK is the latest name change from SAK which was compiled and published by
DSAK in 2012. The preparation of this PSAK follows the standards used by IFRS
or International Financial Reporting Standards by adjusting to business conditions
in Indonesia.
2. SAK STAGE
On the other hand, if the company has no or no public accountability, then the
process of preparing its financial statements uses SAK-ETAP.
3. PSAK-Sharia
Judging from the name alone, it is very easy to understand that this financial
accounting standard is a sharia-based accounting standard. The preparation of
financial statements using the PSAK-Sharia standard is generally carried out by
business entities that have sharia concepts in their business operations.
Off balance sheet are transactions that occur within the company, but because
according to the rules, both the rules of accounting principles and other rules are
not included in the balance sheet or may not be recorded in the accounting process.
These transactions usually involve cash transactions or other unrealized financial
instrument transactions, for example:
a. Current accounts, which have not yet matured
b. The right to receive cash or other financial assets, such as unused ceilings.
Many off balance sheet activities can result in a risk. However, some off
balance sheet activities can protect and reduce risk from interest rates, credit, and
exchange rates. Therefore, off balance sheet activities can result in increased risk
and reduced risk. Off balance sheet activities become important as a resource for
fee income (from explicit fees and the difference between buying and selling) for
the company there is a possibility to improve its reputation
On balance sheet activity is one of the things we are aware of because its
assets and liabilities are published by financial institutions. For example, on
balance sheet activities include bank deposits, bond ownership, and loans.
Meanwhile, off balance sheet activities are activities that are often invisible, but
the information is very important for investors and regulators. In accounting rules,
off balance sheet activities are recorded at the bottom of the line or are often
recorded as footnotes. In economic rules, off balance sheet accounts still affect
the future of the financial institution concerned, namely regarding its profitability
and solvency...
There are two basic types of off balance sheet activities, namely: credit
substitutes and derivatives. The first type includes credit offering activities for
customers where financial institutions are willing to make payments in advance if
there is an economic activity carried out such as letters of credit (L/C), guarantees,
and something that in the credit limit that has been agreed upon and trusted by the
customer. istitutions. The second type involves the sale and purchase of derivative
securities.
He read:
The gross amount recorded as a capital lease and the accumulated
depreciation at each balance sheet date are presented according to the first group.
1. Required minimum future rental payments as of date the last balance sheet
presented in aggregate and for the next five fiscal years. These payments
must be separated between operating leases and capital leases. For a
capital lease, the executory costs must be incurred.
2. Rent expense e for each period for the calculation of profit and loss is
prepared. Additional information regarding minimum leases, contingent
leases, and sublease leases should be provided for the same period.
4. For a capital lease the amount of interest required to reduce ease payments
to be equal to the present value.
Lessor
1. The following elements of the net investment in sales and direct financing leases at
each balance sheet date:
3. Unearned revenue