Relationships Accounting Treatment of Fixed Assets towards the Fairness of Reporting Financial Statements

Abstract

Fixed assets have an important position in the company because they require large amounts of funds and are embedded in a long period. Fixed assets must receive adequate attention and accounting treatment following the Statement of Financial Accounting Standards (SFAS), which is the basis or concept in assessing, recording, and presenting assets and liabilities from the balance sheet and determining costs and revenues on the company's profit and loss. This study aims to analyze the relationship between the Fixed Asset Accounting Treatment and Fairness in Preparing Financial Statements. This research uses a quantitative approach by determining a sample of 30 printing service companies in the Central Jakarta area. Data analysis techniques used descriptive statistical analysis, correlation coefficient tests and simple regression analysis to prove alternative hypotheses. The results of this study of the Treatment of Fixed Asset Accounting with Fairness of the Compilation of Financial Statements resulted in the findings: the distribution of answers in the category of agreeing and strongly agreeing with an average value above 90 percent; weak relationship with a correlation of 36.6 percent; positive and significant effect on the Treatment of Fixed Assets Accounting for Fairness of the Compilation of Financial Statements.