Abstract
Ricky Anggara Yudha. 2015, Analysis of Accounting Treatment for Biological Asset Bassed on Financial Accounting Standards Entities Without Public Accountability (SAK ETAP) in PT.Bina Karya Nuansa Sejahtera (supervised by Lewi Malisan and Anisa Kusumawardani)

Biological assets are living animal and plant which have biological transformation. Biological transformation consist of a process of growth, degeneration, production and procreation that cause qualitative and quantitative measurements that can demonstrate the value of those assets are seasonably in accordance with their contribution in producing the flow economic benefit for the company. Standards which arrange the biological asset is IAS 41. This standar measure biological asset based on fair value and the impact on the presentation of the different income statement due to the revaluation surplus. But there are some accounting standards in Indonesia that can be used as a reference for measurements such as PSAK or SAK ETAP. This research was conducted at PT.Bina Karya Nuansa Sejahtera which is engaged in the planitation.

This research purposed to know the determine accounting treatment for biological assets at PT Bina Karya Nuansa Sejahtera based Financial Accounting Standards Entities Without Public Accountability (SAK ETAP). The Research used SAK ETAP Bab 15 as a standardized who has been fixed in organiszing accounting treatment of fixed assets.

Based on the analysis that has been conducted, it’s known that the recognition of biological assets by PT Bina Karya should be classified as plantation crops while companies classify them as other assets. The company has made a mistake in charge to maintenance cost resulting difference in immature plants and mature plant at Rp.2.389.850.915. As a result of changes in the value of plant assets, causing changes in the amount of amortization expense, which the company noted amortization expense in 2014 amounted to Rp.1.393.452.552 and accumulated amortization up to 31 December 2014 at Rp.2.441.304.172, while according to SAK ETAP amortization expense in 2014 amounted to Rp.1.489.046.469 and accumulated amortization up to 31
December 2014 at Rp.2.667.986.471. And the recognition biological assets has not been carried out by PT Bina Karya Nuansa Sejahtera because the company does not make notes to financial statements (CaLK).

The results showed the accounting treatment of biological assets in PT.Bina Karya Nuansa Sejahtera is not accordance with Standards Entities Without Public Accountability (SAK ETAP).

Keywords : Biological Asset, Historical Cost, SAK ETAP.