ANALISIS PENERAPAN AKUNTANSI ATAS PENGAKUAN PENDAPATAN JASA KONSTRUKSI PADA PT MUSTIKA GANDA UTAMA

Abstract

In construction companies there are two methods of revenue recognition, namely the completed contract method and the percentage of completion method. The percentage of completion method has two approaches, namely the physical approach and the cost to cost approach. The purpose of this study is to determine the application of revenue recognition with the percentage of completion method in presenting financial statements at PT Mustika Ganda Utama. The analysis method used is a descriptive method that describes a situation objectively, so as to obtain a solution to a problem faced by the company. From the results of the study it is known that the company recognizes higher revenue or overstatement when compared to the cost-to-cost method. The cost-to-cost method presents financial statements reflecting the company's performance and in accordance with the matching principle and the principle of conservatism in presenting financial statements.