ANALISIS PERLAKUAN AKUNTANSI ATAS PERSEDIAAN BAHAN BAKU PADA PT. ROYAL COCONUT AIRMADIDI

Abstract

This study aims to examine the accounting treatment of raw material inventory applied by PT Royal Coconut Airmadidi and to assess its conformity with the provisions outlined in the Indonesian Financial Accounting Standards (PSAK) No. 202. Raw
material inventory plays a vital role in the preparation of financial statements, thus its management must comply with applicable accounting standards to ensure the reliability and credibility of the information presented. This research employs a descriptive
qualitative approach. Data were collected through direct observation, interviews with relevant company personnel, and the analysis of supporting documents related to inventory management. The research focuses on the processes of recording, recognition, and valuation of inventory conducted by the company. The findings indicate that PT Royal Coconut Airmadidi uses a perpetual inventory recording system and applies the FIFO (First In, First Out) method in managing its coconut-based raw materials. In general, the recognition and measurement practices align with PSAK No. 202, where inventory is recognized upon receipt in the warehouse and subsequently recorded in both the income statement and the balance sheet. However, inaccuracies were identified in the recording process due to calculation errors found in the inventory cards. This suggests that although the accounting principles are generally well implemented, technical weaknesses in recording still exist, potentially affecting the accuracy of financial reporting. Therefore, the company is advised to enhance its internal monitoring and accuracy in inventory documentation to ensure the production of more reliable financial reports.