Penerapan Psak No. 45 Pada Gereja Gmim Bukit Zaitun Walian Dua

Abstract

Disclosure of financial statements of the Church so important that financial accountability becomes clear, and can increase the confidence of donors and people who have given charity to the Church to manage the fund. Demands for accountability are adequate, especially for non-profit organizations of the Church can be overcome by applying general standards that apply in Indonesia, PSAK No. 45 on financial reporting nonprofits. The purpose of this study was to determine how the Financial Statements GMIM Olivet Church Walian Two when applying PSAK No. 45. The method used is descriptive qualitative method. The results obtained GMIM Olivet Church Walian Two prepare financial statements based on Tata's Church, where the financial statements prepared in the form of a report containing the budget realization of revenue and expenditure of the Church during the year. GMIM Olivet Church should apply PSAK No. 45 so that the financial statements would be more relevant, reliable, and can be compared to the accountability of the financial statements is adequate.

Factors Influencing the Implementation of Non-profit Organization Financial Statements of Political Parties: Evidence from Indonesia

“…The results of this study are not in line with the research conducted by Kumambow et al (2015), which showed that the non-profit organization that implemented it was the GMIM Church Bukit Zaitun Walian Dua. It compiled the financial statements based on the church's order, in which the financial statements were made in the form of a budget realization report that contained the income and expenditure of the church during the year.…”

“…A non-profit organization is an organization that has, as its main objective, to support an issue or matter in attracting public attention to a non-commercial purpose, without any consideration of the problems that are for-profit (monetary). Non-profit organizations include churches, public schools, public charities, hospitals and public clinics, political organizations, community assistance in legislation, voluntary service organizations, trade unions, professional associations, research institutes, museums, and several government officials (Kumambow, 2015). Non-profit organizations have the following characteristics: a.…”

“…Furthermore, research conducted by Kumambow et al (2015) showed that the applied non-profit organization, GMIM Bukit Zaitun Walian Dua Church, prepared its financial statements based on the church's order, where the financial reports were made in the form of a budget realization report containing the income and expenditure of the church during the year. Meanwhile, research by Pontoh (2013) indicated that the non-profit organization had implemented an activity report in accordance with Statement of Financial Accounting Standards No.…”

“…Furthermore, research conducted by Kumambow et al (2015) shows that arranging the financial statements was based on church ordinances. The financial reports were made in the form of a budget realization report, containing the income and expenditure of the church during the current year.…”

Church Accounting Concepts with the Understanding of God's Kingdom

“…Accounting practices at that time were determined from annual reports and evaluated based on the criteria and statements of the accounting profession in accordance with the reporting practices desired by the Roman Catholic church at that time [1]. Research on the financial accounting practices of the Church in Indonesia has been carried out [6] [7] [8] [9] [10] [11] [12] [13] [14] [15], discussing the general application of Church accounting which employs PSAK No. 45.…”