• Khusnik Hudzafidah Panca Marga Probolinggo University
  • Umi Rahma Dhany Panca Marga Probolinggo University
  • Mustofa Mustofa Panca Marga Probolinggo University
Keywords: Biological, Asset, Treatment, Recognition, Appraisal


This study aims to analyze the accounting treatment in the recognition, valuation & disclosure of biological assets and to measure the level of conformity of financial statements based on PSAK No. 69. The type of research used is descriptive quantitative, with biological assets variables, accounting treatment and Statement of Financial Accounting Standards (PSAK). The object of the research is PT. Santosa Agrindo which is engaged in the field of cattle husbandry and fattening.

The data collection method used field study and documentation methods, while the data analysis method used was quantitative descriptive analysis with the Desclosure Index tabulation method. From the research results, there are three important parts that are used as the basis for assessing conformity with PSAK No. 69, namely (1) the company recognizes biological assets as non-current assets and experiences depletion while products from biological assets, in the form of calves, are recognized as current assets that can be traded. to customers; (2) in the recognition of depletion, the company does not recognize the depletion as an expense because the company recognizes the depletion of biological assets as an additional acquisition value of the born calves; (3) compliance level of financial report reporting by PT. Santosa Agrindo Probolinggo in PSAK No. 69 has reached 85.70%, although there is a difference in the recognition of the cost of the biological asset depletion.


Ankarath, Nandakumar., Mehta, Kalpesh J. (2012). Understand IFRS International Financial Reporting Standards. Jakarta : INDEX.
Anggraeningtyas, Delvi Mutiara Dara, (2018). Implementation of International Accounting Standards (IAS) 41 concerning Biological Assets at PT. Perkebunan Nusantara IX (Persero) Kebun Getas. Yogyakarta: Yogyakarta State University. Downloaded January 31, 2017.
Arimbawa, Putu Megi, et al. (2016). Accounting Treatment of Biological Assets in the Organization of the Kerta Dharma Cattle Farmer Group, Tukadmungga Village, Buleleng District, Buleleng Regency. Singaraja : Ganesha University of Education. Journal of Accounting Vol. 6 No. 3 of 2016.
Bahri, Syfrica Wahyulia. (2015). Evaluation of Biological Asset Valuation and Its Effect on Financial Statements (Case Study on M.P. Evans Group PLC). Jember : Jember State University. 2015 Student Scientific Articles. Downloaded on January 20, 2017
Farida, Ike. (2013). Analysis of Biological Assets Accounting Treatment Based on International Accounting Standards 41 at PT. Perkebunan Nusantara VII (Persero). Surabaya : State University of Surabaya. Downloaded January 31, 2017.
Febriliyani, Kurnia Wulan. (2007). Efficiency Analysis of Ongole (PO) and Brahman Cross (BX) Beef Cattle Fattening Business (Case Study at PT. Santosa Agrindo Probolinggo). Bogor : Bogor Agricultural University. Downloaded on October 15, 2017.
Greuning, Hennie Van., Scoot, Darrell., Terblanche, Simonet. (2013). International Financial Reporting Standards. Jakarta : Salemba Empat.
Indonesian Accounting Association. (2015). ED PSAK 69 Agriculture. Jakarta: Indonesian Accounting Association. Downloaded on January 31, 2017
Kieso, Donald E., Weygandt, Jerry J., Warfield, Terry D. (2008). Intermediate Accounting, Twelfth Edition Volume 1. Jakarta : Erlangga.
Putri, Sulistyorini Rafika. (2014). Comparative Analysis of Reporting and Disclosure of Biological Assets Before and After the application of IAS (International Accounting Standard) 41 at pt. Astra Agro Lestari, Tbk. Surabaya : State University of Surabaya. Downloaded on January 20, 2017.
Rudianto. (2009). Introduction of accounting. Jakarta : Erlangga.
Subkhan. 2011. Factors Affecting the Mandatory Disclosure of Financial Statements at KPRI in Kudus. Semarang: State University of Semarang. Journal of Accounting Dynamics Vol. 3 No. 1, 2011. ISSN 2085-4277. Downloaded on July 16, 2017.
Sugiyono. (2012). Quantitative, Qualitative and R&D Research Methods. Bandung : Alphabeta.
Trina, Zulfa Ika. (2017). Analysis of Accounting Treatment and Asset Depletion Based on IAS 41 in Livestock Companies (Case Study on CV Milkindo Berka Abadi Kepanjen). Malang : State Islamic University of Maulana Malik Ibrahim Malang. Downloaded January 8, 2017.