PERBANDINGAN PERLAKUAN AKUNTANSI ASET BIOLOGIS BERDASARKAN PSAK 16 DAN PSAK 69 PADA PERUSAHAAN AGRIKULTUR YANG TERDAFTAR DI BURSA EFEK INDONESIA 2017 – 2018

ARGIE DESTRI RAHMANI. Comparison of Biological Asset Accounting Treatment Based on PSAK 16 and PSAK 69 on Agricultural Companies Listed on the Indonesia Stock Exchange 2017-2018. This study aims to provide an overview of the differences in the accounting treatment of biological assets before and after the implementation of PSAK 69, namely based on PSAK 16 and PSAK 69. This study also provides an analysis related to the implementation of PSAK 69 in agricultural companies. The object of this research is agricultural companies listed on the Indonesia Stock Exchange in 2017 - 2018. This study uses mixed data. Primary data is the result of an interview with one of the DSAK IAI members and secondary data is the company's annual report. The sample of this research is 15 agricultural companies. The data analysis technique used in this study is an interactive model analysis technique. The aspects of accounting treatment that are compared in this study are recognition, measurement, and disclosure. This study concluded that the differences in accounting treatment for biological assets based on PSAK 16 and PSAK 69 in agricultural companies are based on the three aspects being compared. First, on the recognition aspect, based on PSAK 16, agricultural companies recognize plantation crops as assets and do not recognize agricultural products as biological assets. Meanwhile, based on PSAK 69, agricultural companies do not recognize plantation crops as biological assets, but as fixed assets. Biological assets recognized by agricultural companies are agricultural products, seasonal plants, and animals. In the measurement aspect, biological assets based on PSAK 16 in agricultural companies are measured using cost with details of different capitalization costs for each company and biological assets are depreciated. Meanwhile, PSAK 69 measures the biological assets of agricultural companies using fair value less costs to sell and biological assets are not depreciated. Based on PSAK 16, agricultural companies disclose matters related to depreciation. Meanwhile, based on PSAK 69, agricultural companies disclose descriptions of biological asset groups and the value of gain/ losses arising from the use of fair value. The results of the analysis of the implementation of PSAK 69 show that 3 of 15 agricultural companies listed on the Indonesia Stock Exchange for the 2018 period have fully implemented PSAK 69 (100%). The implementation of twelve other companies are about 50% – 94%. Keywords: Accounting Treatment, Biological Assets, PSAK 16, PSAK 69