Open AccessCalculation of depreciation Fixed Assets based on Government Accounting Standards and their impact on Financial Statements
Author(s) -
B Indayani
Publication year - 2020
Publication title -
point of view research accounting and auditing
Language(s) - English
Resource type - Journals
ISSN - 2722-7820
DOI - 10.47090/povraa.v1i3.34
Subject(s) - fixed asset , consumption of fixed capital , depreciation (economics) , asset (computer security) , accounting , business , book value , finance , balance sheet , government (linguistics) , economics , agency (philosophy) , microeconomics , production (economics) , computer science , profit (economics) , linguistics , philosophy , computer security , capital formation , earnings , financial capital , epistemology
This study aims to determine the calculation of depreciation of fixed assets based on Government Accounting Standards for Financial Statements. The calculation used is the calculation of depreciation of fixed assets at the Regional Financial and Asset Agency in Majene Regency. The data analysis method used is a qualitative descriptive analysis method through data triangulation. The results showed that the depreciation method used by the government was determined using the straight-line method. This method is considered the simplest method. Besides there must be data about the depreciated value, to calculate the depreciation must determine the useful life of each fixed asset. Reducing depreciation in Majene Regency's Regional Financial and Asset Agency (BKAD) for fixed assets in accordance with Government Accounting Standards. Calculating depreciation of fixed assets is very important and very influential on financial statements