Financial Reporting of Non-Profit Pharmacists Organizations Based on Financial Standards

Abstract

Melly Susanti, Suwarni, Sabri, Rikhan Mochamad Aziz, Iman Firmansyah, Mochammad Fahlevi

The aim of this study is to analyze the non-profit financial report’s Al-Akhsyar Foundation Bengkulu Province, Indonesia. Al-Akhsyar located in Kepahiang Regency, Bengkulu Province. The analysis used The Statement of Financial Accounting Standards-45 (hereinafter PSAK-45) is a guideline in carrying out Indonesian accounting practices. The Statement of Financial Accounting Standards (PSAK) is a guideline in carrying out Indonesian accounting practices. The methods used is quantitative with a cross-sectional on several variables as follows: (1) the statement of financial position, (2) the statement of activity, (3) the statement of changes in net assets, (4) the statement of cash flows, (5) the notes to the financial statements. The results found is the preparation of financial statements at the Al-Akhsyar Foundation Bengkulu Province was not in accordance with the statement, which does not pay attention to the criteria for asset recognition, liabilities, income, and expenses.