ANALISIS PENERAPAN PSAK NO. 7 DALAM PENGUNGKAPAN TRANSAKSI PIHAK-PIHAK BERELASI TERKAIT ENTITAS ASOSIASI PADA PERUSAHAAN GO PUBLIC

Abstract

Tighter business competition in the business world makes the company
take the decision to cooperate with other parties by way of relationship. By
establishing relationship with certain parties, the company can make
transactions that have been agreed by both parties. These transactions are
also called transactions with related parties.
In the book of PSAK 7 stipulates that every company having
relationships with other parties and if conducting related parties transactions, it
is obligated to disclose the related parties transactions into the consolidated
financial statements and the individual financial statements of the parent. In
this study, the authors will analyze the implementation of PSAK 7 regarding
disclosure of related parties transactions related to associate entities on 10 go
public companies that have been selected by authors. Disclosure of related
parties transactions that the author analysis is related to the disclosure of the
nature of the relationship and transaction nominal.
The results of this study indicate that 10 go public companies that the
author chose to disclosure the related parties transactions in accordance with
those required by PSAK 7 in terms of disclosure of the nature of the relationship
and transaction nominal. This should be disclosed in the consolidated financial
statements with a view to understanding that there is a potential influence of
the related relationship to the financial statements. By this research, it is
known what the transactions made by the company with related parties.

Keywords : Disclosure of Related Parties Transactions Relating to Associated
Entities, PSAK 7