Analysis Of Accounting Treatment Of Biological Assets Based On PSAK 69 Agriculture At PG Kremboong

This research aims to analyze biological assets based on PSAK 69 at the PG Kremboong object. Researchers analyzed treatments including assets recognition, assets measurement, assets disclosure, and assets presentation. This research uses qualitative methods, and the data collection techniques used are observation, interviews with accounting staff, and documentation in financial reports. The research resulths show that PG Kremboong recognizes its biological assets in the form of sugar cane plants which are divided into new plants, immature plants and mature plants. Biological assets are measured based on their acquisition price. Disclosure of biological assets is differentiated in the statement of financial position based on type and is presentated in the balance sheet under non-current assets. The accounting treatment of biological assets at PG Kremboong is almost in accordance with PSAK 69, except that the measurement still uses acquisition price, not fair value.