IMPLEMENTASI PENERAPAN PSAK 241 ATAS ASET BIOLOGIS DI SAFWANA KOI FARM

Abstract

This analysis seeks to evaluate the application of biological asset accounting at Safwana Koi Farm, Pasuruan, in
compliance with PSAK No. 241 Agriculture. This study's population comprises the owner and staff of Safwana Koi
Farm. This study is qualitative, utilizing primary data gathered through interviews with the owner and staff,
alongside secondary data comprising financial documents and transaction records pertaining to biological assets. Data
collection methods involve observation, interviews, and documentation, whereas data analysis involves data reduction,
data display, and conclusion formulation. The outcomes indicate that Safwana Koi Farm has adopted multiple elements
consistent with PSAK No. 241 in the accounting management of biological assets. Nonetheless, discrepancies in its
application exist, notably the omission of recording the demise of biological assets in the accounting records, leading
to a divergence disparity between the book value and the fair value of these assets. This affects the financial statements,
causing them to misrepresent the pertinent data and thereby failing to deliver an accurate depiction of the company's
financial status.