Analisis Pengakuan, Pengukuran, Penyajian Dan Pengungkapan Atas Piutang Berdasarkan Psak 71 Pada PT Kami Jaya Abadi

Abstract

Accounts receivable are a current asset that plays a crucial role in maintaining a company's liquidity, particularly in manufacturing companies that implement a credit sales system. Proper accounts receivable management is essential for companies to minimize the risk of losses due to customers' inability to fulfill their obligations. In accounting practice, the treatment of accounts receivable must refer to Statement of Financial Accounting Standards (PSAK) 71, which regulates the recognition, measurement, presentation, and disclosure of financial instruments, including the application of the Expected Credit Loss (ECL) method as the basis for establishing an allowance for impairment losses.

This study aims to analyze the compliance of the accounting treatment of accounts receivable at PT Kami Jaya Abadi with the provisions stipulated in PSAK 71. The research method used was qualitative with a descriptive approach. Data were obtained through interviews with the company, observations of the accounts receivable management process, and documentation related to the recording and reporting of accounts receivable. The data obtained were then analyzed by comparing the company's practices with the provisions contained in PSAK 71.

The results indicate that the recognition of accounts receivable at PT Kami Jaya Abadi complies with PSAK 71 because it occurs when the goods are delivered to the customer and the invoice is issued. However, in the measurement aspect, there are still discrepancies because the company has not implemented an allowance for impairment losses based on the Expected Credit Loss (ECL) method. Furthermore, the presentation of receivables still uses the gross value without deducting the allowance for impairment losses, while the disclosure aspect does not comply with the provisions of PSAK 71 because the company has not prepared Notes to the Financial Statements (CaLK). Thus, the implementation of PSAK 71 at PT Kami Jaya Abadi has not been fully implemented