Analisis Penerapan Pelaporan Keuangan Entitas Berorientasi Nonlaba (Studi Kasus Pada Yayasan Baitul Makmur Singaraja Bali)

Non-profit oriented entities have an important role to prepare financial statement for an accountability and transparency to the public. The discussion in this research refers to PSAK 1 and ISAK 35 as Financial Accounting Standards applicable for reporting in the 2020. The object of this research is the faundation of Baitul Makmur Singaraja Bali. The purpose of this research is to determine financial reporting at foundations, the application of PSAK 1 and ISAK 35 on foundation financial statement and the management's understanding of financial statements. The results showed that: (1) A foundation uses a cash book as a financial statement that records cash receipts and cash payment; (2) Foundations have not implemen’ted PSAK 1 and ISAK 35 in their reporting; (3) The management's understanding of the financial statement is only limited to the suitability between cash and their financial statement