1. What is happening to world markets, and what are the implications for financial
reporting? (Apa yang terjadi pada pasar dunia, dan apa implikasinya terhadap
pelaporan keuangan?)
3. What are the major financial statements, and what is the difference between
financial statements and financial reporting? (Apa laporan keuangan utama, dan
apa perbedaan antara laporan keuangan dan pelaporan keuangan?)
2. CA 1.2
Presented below are four statements to identify as true or false. If false, explain
why the statement is incorrect.
1. The objective of financial statements emphasizes a stewardship approach for
reporting financial information.
- False. Pelaporan keuangan lebih menekankan kepada perspektif entitas.
2. The objective of financial reporting is to prepare a statement of financial
position, a statement of comprehensive income, a statement of cash flows, and a
statement of changes in equity.
- False. Laporan keuangan sebagai media terkait 5 laporan keuangan yang
harus disusun berdasarkan penulisan laporannya. Pelaporan keuangan lebih
memberikan informasi kepada pihak eksternal.
3. The difference between International Accounting Standards and IFRS is that
International Accounting Standards are more authoritative.
-Salah, standar akuntansi internasional dikeluarkan oleh KSAI, sedangkan
IFRS lebih dikeluarkan IASB yang berbasis prinsip.
4. The objective of financial reporting uses an entity rather than a proprietary
approach in determining what information to report.
-True
3. CA 1.4
Omar Morena has recently completed his first year of studying accounting. His
instructor for next semester has indicated that the primary focus will be the area of
financial accounting.
Instructions
a. Differentiate between financial accounting and managerial accounting.
- Akuntansi keuangan lebih fokus kepada agregasi informasi akuntansi ke
pihak eskternal, sedangkan akuntansi manajemen berfokus pada proses internal
yang digunakan untuk memperhitungkan transaksi bisnis.