Evaluation of Financial Statements at the Primkoppol RI Cooperative East Java Police Headquarters Based on SAK ETAP
DOI:
https://doi.org/10.30651/iconemba.v2i1.30492Keywords:
Evaluation of SAK ETAP, Financial Statements, CooperativesAbstract
The main objective of this study is to evaluate the application of financial accounting standards for entities without public accountability (SAK ETAP) in the preparation of financial statements of the Primkoppol R.I cooperative, East Java Regional Police Headquarters. The method used is a qualitative approach with data collection techniques including interviews, observations and documentation. The results of this study indicate that the reports of the Primkoppol R.I cooperative, East Java Regional Police Headquarters are not in accordance with SAK ETAP. Several important components, such as obligations and notes to the financial statements have not been prepared in accordance with applicable standards. This study also identified various obstacles, including a lack of understanding of SAK ETAP among administrators and minimal training provided to staff. Through this evaluation, it is hoped that the Prim koppol R.I cooperative, East Java Regional Police Headquarters can improve existing accounting practices so that it can increase the trust of cooperative members and support better decision making. Therefore, the researcher suggests that the Primkoppol R.I. East Java Regional Police Headquarters cooperative improve its understanding of SAK ETAP. This is important to ensure that financial reports are prepared accurately, transparently and accurately so that they can be understood and that a comprehensive revision of the accounting system applied is needed and can improve financial reports to increase member trust and support all existing decisions.
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