Institutional Repository | Satya Wacana Christian University: Komparasi Akuntansi untuk Aset Biologis Menurut IAS 41 dan PSAK 16

ABSTRACT
The process of the adoption of IFRS by Indonesia still remains controversy in
one accounting standard, IAS 41 that regulates the biological assets from corporate
agriculture. This standard cannot be considered to accommodate both types of
existing biological assets, such as Bearer Biological Assets (BBA) and Consumable
Biological Assets (CBA), with different accounting treatment required.
This research aims to compare the accounting behavior of the BBA for between
IAS 41 and PSAK 16, PSAK 16 which is the standard used by agricultural enterprises
before and while IAS 41 still controversy. This research will provide a conceptual
contribution to the accounting standard regulators to be able to take a firm decision
on the adoption of the appropriate accounting treatment for biological assets.
The results of this study showed that the BBA is more appropriate to put in the
scope of PSAK 16 due to the nature and characteristics inherent in BBA. While CBA
still remain under the scope of IAS 41.

Keyword : Biological Asset, IAS 41, IFRS, PSAK 16, Accounting Standard