Evaluasi Pengakuan Pendapatan dan Beban Kontrak serta Pengaruhnya Terhadap laba Perusahaan Konstruksi Sesuai PSAK 34 Revisi 2010

Abstract

Constructions services company has unique characteristics, where the consctruction project are
not all resolve in one accounting period and generally conducted in mid-construction. Necessitating
special metods used by construction companies to claim there income and the burden by paying
attention to stage of completion of contract activity. The use of methods that are not appropriate
revenue recognition will affect the recognition of expenses that impact the company’s periodic
earnings. The research objective was to evaluate the method of recognition revenue and expenses on
its construction contract with the Financial Accounting Standards, IAS 11 which came into force
effectively on 2012. With to have validity of IAS 11 in the year 2012, expected the company which
is engaged in construction services are able to apply IAS 11 in the implementation of recognition
contract revenue and expenses. Research on the author is in the PT Kreasinta Namora located on
Jl. Kalibata Tengah 17A No 12 South Jakarta is a company engaged in building constructions
and interior design. The result showed that PT Kreasinta Namora has been followed and
implemented showed that PT Kreasinta Namora has been followed and implemented by both the
Financial Accounting Standards, contract revenue and contract expenses associated with
construction contracts are recognized at their respective jobs as revenue and expenses with respect to
the contract activity (percentage of completion), in accordance with IAS 11.