ANALISIS PSAK 71 TERHADAP KREDIT MACET KUR PADA PT. PEGADAIAN UPC PANIKI MANADO

Abstract

This study aims to examine the application of accounting standards to non-performing loan transactions in the People’s Business Credit (KUR) program at PT Pegadaian UPC Paniki Manado. The study adopts a qualitative approach with data collected through
observation, interviews, and documentation. Using a qualitative descriptive method with a case study approach, data were obtained from transaction records, interviews with relevant parties, and analysis of accounting and financial reports. The Expected Credit Loss (ECL) calculation applies the three main components of PSAK 71: Probability of Default (PD), Loss Given Default (LGD), and Exposure at Default (EAD).The research focuses on the increasing loan default rate among KUR borrowers during the 2024–2025 period. Only 60% of borrowers made payments regularly, while 40% experienced delays, placing them in the default category. This creates a significant financial risk that requires recognition and measurement in line with PSAK 71, which emphasizes forward-looking credit loss estimation rather than incurred loss recognition.The findings reveal that while the recording of KUR disbursement and repayment follows accounting procedures, credit loss recognition has not fully complied with PSAK 71. Loss reserves (CKPN) are not consistently
established, and write-offs occur only after internal approval. Consequently, the application of accounting standards for credit losses should be improved to ensure financial statements present fair and accurate information.