Kebijakan Penerapan Standar Akuntansi Keuangan Nomor 8 Dan 71 dalam Laporan Keuangan CV.SKU Masa dan Pasca Pandemi Covid-19

This study aims to analyze and evaluate PSAK number 55 to switch to follow the policy of
implementing PSAK number 8 and 71. Financial instruments required by the IAI Accounting
Standards Board are effective as of January 1, 2020 which have not been practiced in the
preparation of 2021 CV. SKU’s Financial Statements. Descriptive comparative qualitative study.
Trading companies must leave and return from Umrah and Hajj. Data collecting via observing,
interviewing, and documenting informants. According to conversations with CV.SKU's accounting
and receivables administration department, its financial statements have not implemented the new
policy and are still in compliance with PSAK number 55 taxable. Recalculating fair value data for
financial statements is offered as a unit of study from literature books and journals of earlier
researchers, paying attention to PSAK standards number 8 and 71 financial instruments. The
results showed that applying PSAK number 8 and 71 to the statement of financial position account
resulted in a reserve account for receivables losses, deferred tax asset accounts, decreased retained
profit, and decreased CV. SKU assets. The impairment loss reserve appears as an accounts
receivable loss expenditure account in the income statement, creating a deferred tax advantage
account. Financial statements prepared according to IAI Financial Accounting Standards Board
requirements are presented properly.