ANALISA PENERAPAN STANDAR AKUNTANSI KEUANGAN TANPA AKUNTABILITAS PUBLIK (SAK-ETAP) PADA ENTITAS KOPERASI

Abstract

Regulation of the Minister of Cooperatives and SMEs No. 12 of 2015 states that real sector of cooperatives do not have public accountability. So, the financial statements are required to refer to the Financial Accounting Standards for Entities without Public Accountability (SAK-ETAP). This study aims to analyze the implementation of SAK ETAP in the financial statements of Cooperative. This research used qualitative method with a case study approach. The result of this study is cooperatives has not made a statement of owner’s equity, cash flow statements, and notes to the financial statements. There is an error in recognition of Certificate of Establishment and Article of Association of the Cooperative in the balance sheet, and the account of Sisa Hasil Usaha (SHU) that is not in equity.