PENERAPAN PSAK NO. 10 ATAS SELISIH KURS DAN TRANSAKSI MATA UANG ASING SERTA PENGARUHNYA PADA LAPORAN KEUANGAN

Abstract

Nowadays, in the free market, where the business world’s development grows rapidly; the need for unfulfilled products within countries determines export-import activities as a solution. Moreover, indirectly, the market affects the world of accounting with the existence of money transfer’s transaction. Furthermore, the higher competition in the business world is, the more essential financial statements in giving information to related parties as a tool for describing companies’ financial condition and development will be. This research aimed to find out whether accounting treatment for exchange rates difference and foreign currency transaction, which happened in PT LAT, had suited PSAK Number 10, 2018. The research was descriptive qualitative. and used document, interview, and field direct observation as its data collection technique. Additionally, the population was chemical trading companies which used import buying transactions of American Dollar currency (USD). The research result concluded that PT LAT in bookkeeping on foreign currency transactions had suited PSAK Number 10, i.e. profit/loss was accepted. However, PT LAT had adjusted to account in the current period; on transactions whose completion was more than one period or remaining balances in order to have the management knew cash and bank value movement on inflation of USD.
Keywords: exchange rate difference, foreign currency transaction, PSAK number 10