ANALYSIS OF FIXED ASSET ACCOUNTING TREATMENT IN THE DEPARTEMENT OF YOUGHT AND SPORT EDUCATION, KUANTAN SINGINGI REGENCY

Abstract

This study aims to determine how the accounting treatment of fixed assets for recognition, measurement, expenditure, depreciation and presentation and disclosure at the Youth and Sports Education Office of Kuantan Singingi Regency so that this research will provide results whether the fixed asset accounting treatment at the Youth and Sports Education Office is appropriate. Based on PSAP 07 of 2010. This study uses a qualitative descriptive analysis method. That is to thoroughly describe the fixed asset accounting policies applied to the Youth and Sports Education Office of Kuantan Singingi and compared to the theory, so that the expected results are obtained. The primary data source was conducted by direct interviews with the assets section of the Kuantan Singingi District Youth and Sports Education Office and secondary data obtained from literature related to this research. The results of this study indicate that the recognition, measurement, depreciation and presentation of fixed assets are partly in practice in accordance with the rules contained in PSAP No. 07. It's just that, Termination and Disposal. The Kuantan Singingi District Youth Education and Sports Office does not terminate and release assets that have expired by exchanging or selling them. This is done so that there is no waste during the useful life of the fixed assets. Because the more costs incurred during the useful life of these assets.