PSAK Pengukuran Penyajian dan Pelaporan Asset Tetap

PSAK Pengukuran Penyajian dan Pelaporan Asset Tetap

1. PSAK 13-14-16-19 Main sources: http://iaiglobal.or.id/ Bragg, Steven M, IFRS Guidebook 2019 Edition, AccountingTools , 2019 Kieso , Donald E., dan Jerry Weygandt, Terry Warfield, Intermediate Accounting, IFRS Edition, 4 th Edition, John Wiley and Sons, 2020 https://www.iasplus.com

2. PSAK 13/IAS 40 PROPERTI INVESTASI Source: http://iaiglobal.or.id/

3. Definisi A non-monetary asset that is held with the intent of earning a return , either from its rental or appreciation Examples: A building held with the intent of being leased as a right-of-use asset, even if that is not currently the case Land for which a future use has not yet been determined Land held in order to benefit from the appreciation of its price over time Property N ot considered to be investment properties: Property being developed on behalf of another party Property being developed for immediate sale , or ready for immediate sale Owner-occupied property that is used by the owner or its employees Property being leased under a finance lease (see the Leases chapter) A dditional concepts of property classification: Extra services Leases to related party Multiple uses

4. Pengukuran When its cost can be reliably measured and its economic benefits will probably flow to the owning entity . Implications: Deferred payment Ongoing expenditures Replacement Start-up costs Transaction costs Waste Leased asset Non-monetary purchase Recognized Consistently FAIR VALUE MODEL COST VALUE MODEL on an ongoing basis, with any change in fair value recognized in profit or loss in the period in which the fair value change occurs. at its cost, which is depreciated on an ongoing basis and periodically evaluated for impairment. Simpler & less expensive Derecognized Disposed of or permanently withdrawn from use: Sold Leased under finance lease FAIR VALUE MODEL COST VALUE MODEL include the cost of the replacement item in the carrying amount of the asset, and then reassess its fair value derecognize the item being replaced and add the cost of the item being added Or the cost of the replacement can be used to indicate what the cost of the replaced item was when it was new

5. Transfer Asset a change in use Four Alternatives Shift from owner use Shift to owner use Investment property Owner-occupied basis Shift to sale Shift from sale I nventory Investment property cost model -- no change in the cost basis of an asset. fair value model – the fair value of an asset on the date when its designated use changes Shifting Assets

6. Disposal Asset a change in use Four Alternatives Shift from owner use Shift to owner use Investment property Owner-occupied basis Shift to sale Shift from sale I nventory Investment property cost model -- no change in the cost basis of an asset. fair value model – the fair value of an asset on the date when its designated use changes Shifting Assets

7. PSAK 14/IAS 2 AKUNTANSI PERSEDIAAN Source: Kieso , Donald E., dan Jerry Weygandt, Warfield, Terry., Intermediate Accounting, IFRS Edition, 4rd edition, John Wiley and Sons, 2020

8. Definisi asset items that a company holds for sale in the ordinary course of business, or goods that it will use or consume in the production of goods to be sold. Inventory Cost Flow Classification

9. Pengukuran FIFO LIFO WEIGHTED AVERAGE IFRS requires that inventories be measured at the lower of cost or net realizable value. Inventory Costing Two Types System Perpetual records all purchases and sales (issues) of goods directly in the Inventory account as they occur Periodic determines the quantity of inventory on hand only periodically

10. PSAK 16 ASSET TETAP Source: https://www.iasplus.com/en/standards/ias/ias16

11. Definisi A tangible assets that are held for use in production , for rental to others or administrative purposes and expected to be used during more than one period Examples: A building held with the intent of being used for company itself Company vehicle held in order to support operations Equipment held with the intent of being used for its production N ot considered to be investment properties: Property held with the intent for rent or sale to other parties Property held with the intent to generate income in the form of money from sales, interest, rent, dividends or royalties.

12. Cost of acquisition including cost of preparation, handling, related professional fees and also non-refundable taxes (if needed) Any costs that can be directly attributed to bring assets to the desired location and condition so that the assets is ready for use in accordance with management's intentions M easurement after Recognition of Fixed A ssets Cost model » carried at its cost less any accumulated depreciation and impairment losses. Revaluation model » carried at a revalued amount, being its fair value at the date of revaluation less subsequent depreciation and impairment Pengakuan dan Pengukuran When its economic benefits will flow to the company and its cost can be reliably measured Measurement on Recognition of Fixed Assets

13. Penghentian Pengakuan Retirements or disposal of fixed assets When? The carrying amount gain or loss on disposal should be recognized in profit and loss If an entity rents some assets and then ceases to rent them, the assets should be transferred to inventories at their carrying amounts as they become held for sale in the ordinary course of business

14. Penyusutan Allocating cost of fixed asset on a systematic way over the asset's useful life

15. PSAK 19/IAS 38 ASSET TIDAK BERWUJUD Source: https://www.iasplus.com/en/standards/ias/ias38 Kieso , Donald E., dan Jerry Weygandt, Warfield, Terry., Intermediate Accounting, IFRS Edition, 4rd edition, John Wiley and Sons, 2020

16. Definisi A Intangible assets that are identifiable, lack physical existence , and not monetary assets. Examples: Goodwill Copyrights License Database Three atributs of intangible asset are : Identifiability Control (power to obtain benefits from the asset) Future economic benefits (such as revenues or reduced future costs)

17. It is probable that the future economic benefits that are attributable to the asset will flow to the entity and The cost of the asset can be measured reliably. M easurement after Recognition of Intangible Assets Cost model » carried at its cost less any accumulated depreciation and impairment losses. Revaluation model » carried at a revalued amount, being its fair value at the date of revaluation less subsequent depreciation and impairment Pengakuan dan Pengukuran requires an entity to recognise an intangible asset, whether purchased or self-created (at cost) if, and only if : Measurement on Recognition an Intangible Assets

18. Should not be amortised Finite life The amortisation method should reflect the pattern of benefits. Amortise by the straight-line method. The amortisation charge is recognised in profit or loss unless another IFRS requires that it be included in the cost of another asset. The amortisation period should be reviewed at least annually Klasifikasi Intangible assets are classified as : Indefinite life

19. Penghentian Pengakuan Retirements or disposal of Intangible Assets When? The carrying amount gain or loss on disposal should be recognized in profit and loss

20. Terima kasih