Institutional Repository | Satya Wacana Christian University: Analisis Pengukuran Aset Biologis dengan Pendekatan Market Approach, Cost Approach dan Income Approach
Abstract
Indonesian SFAS has adopted IFRS as its main concept is fair value. In addition to the
adoption of IAS 41 on the field of agricultural bussiness that recognize plant and animal life
as a corporate assets. This has resulted in the treatment of assets historical cost initially
withthe concept must be changed with the fair value. The measurement of assets is a crucial
thing that determine the companies value. There are many technique that can be done but not
all can be applied in fields, espicially agricultural field. The research has purpose to measure
the biologycal assets on cattle field bussines use the return on assets with the object of research
is PT.Rumekso Mekaring Sabda. The measurement biological assets are animal farm is used
market approach, cost approach and income approach. This reasearch also discusses about
the measuring technique to minimalize the distortions of accounting to cattle field bussiness
especially in PT.Rumekso Mekaring Sabda. The result of research shows that the cost approach
is the best approachon measuring the fair value assets to show the return on assets value and
market approach to minimalize accounting distortion.
Key word : Fair value, Biological assets,market approach, cost approach and
income approach,accounting distortion.
Indonesian SFAS has adopted IFRS as its main concept is fair value. In addition to the
adoption of IAS 41 on the field of agricultural bussiness that recognize plant and animal life
as a corporate assets. This has resulted in the treatment of assets historical cost initially
withthe concept must be changed with the fair value. The measurement of assets is a crucial
thing that determine the companies value. There are many technique that can be done but not
all can be applied in fields, espicially agricultural field. The research has purpose to measure
the biologycal assets on cattle field bussines use the return on assets with the object of research
is PT.Rumekso Mekaring Sabda. The measurement biological assets are animal farm is used
market approach, cost approach and income approach. This reasearch also discusses about
the measuring technique to minimalize the distortions of accounting to cattle field bussiness
especially in PT.Rumekso Mekaring Sabda. The result of research shows that the cost approach
is the best approachon measuring the fair value assets to show the return on assets value and
market approach to minimalize accounting distortion.
Key word : Fair value, Biological assets,market approach, cost approach and
income approach,accounting distortion.