Navigating Financial Reporting: Exploring the Impact of PSAK Number 1 on Liability Preparation

Authors

  • Mulono Apriyanto
  • Listiyawati Listiyawati
  • Dirja Nur Ilham

Keywords:

Financial statements, Reporting requirements, Compliance

Abstract

This study delves into the implications of PSAK Number 1 on liability preparation within financial reporting. Through a comprehensive analysis, we investigate how the application of PSAK Number 1 influences the handling and presentation of liabilities in financial reports. By examining both the theoretical framework and practical implementation, we uncover the various challenges, opportunities, and consequences associated with adhering to this accounting standard. Our research sheds light on the nuanced ways in which PSAK Number 1 shapes the financial reporting landscape, emphasizing its relevance for stakeholders, regulators, and financial professionals alike.

References

Firdaus, Yoga, Sidik Sunarto, Heru Nurcahyo, Ritonga, Razik Arief, Darmawan Suwandi. 2003. Accounting. Jakarta : Erlangga.

Indonesian Accountants Association. 2004. Basic Framework for Preparing and Presenting Financial Reports. Jakarta : Salemba Empat.

Downloads

Published

2024-04-24

How to Cite

Mulono Apriyanto, Listiyawati Listiyawati, & Dirja Nur Ilham. (2024). Navigating Financial Reporting: Exploring the Impact of PSAK Number 1 on Liability Preparation. International Journal of Economics, Commerce, and Management, 1(1), 33–41. Retrieved from https://international.areai.or.id/index.php/IJECM/article/view/27