Recognition of Construction Contract Revenue based on PSAK 34 at PT Tunggal Jaya Raya

Firdaus Indra Faradiba, Sulis Rochayatun


All companies have the aim to get profit with maximum. One of the elements related to the acquisition of profit is income. In each type of company certainly have different methods in recognizing its income. In the construction company there are two ways of revenue recognition namely completion percentage and contract completion. This research aims to determine how the revenue recognition of the construction contracts used by PT Tunggal Jaya Raya.

This research uses qualitative research methods. The results showed that the company in recognizing its earnings on the basis of cash receipts or cash bases, with a period of 4 months. The company is working on a project with a period of 4 months using the system, but the record is not in accordance with PSAK No. 34.

The conclusion of this research is that the company in recognizing the income of contracts if using recognition by the method of settlement percentage preferably with a cost approach so that the value of income and profit value can be recognized more precisely. However, looking at the project time period of 4 months, the company should use the completed contract method.

Keywords: Construction Contract, Percentage of Completion Method, Completed Contract Method.

Financial Statements Analysis in Measuring Financial Performance of The PT. Mayora Indah Tbk, Period 2014-2018

Tuti Maisharoh, Setyo Riyanto


The purpose of the PT Mayora Indah Tbk research is to analyze financial statements to measure financial performance over the period 2014 to 2018. Financial performance can be measured by calculating financial ratios. Information data for analyzing financial statements is obtained from the IDX / Indonesia Stock Exchange web site openly or transparently. Financial ratios are the most appropriate method to measure financial performance using Liquidity, Solvency, Activity, and Profitability data. These four financial ratios can produce numbers, from these results can be seen as experiencing good or bad interpretation. After conducting research, the results of the liquidity ratio using the Current Ratio, Quick Ratio, and Cash Ratio overall have increased which means experiencing liquidity. The results of the Solvency Ratio using Debt to Asset Ratio (DAR) experienced solvable and Debt to Equity Ratio (DER) experienced insolvable. The results of the Activity Ratio fluctuate, which means the data every year to year experience an increase or decrease. While the results of the Profitability Ratio always decreases resulting in companies experiencing losses and need to be increased again.

Keywords: Financial Statements, Financial Statements Analysis, Financial Ratio, Financial Performance

Analysis of Factors Affecting the Earnings Management on the Consumer Goods Industry Issuers on the IDX

Yuni Triliawati


This study aims to analyze and test the effect of factors in diamond fraud theory on earning management actions in the issuers of the consumer goods industry sector. These factors consist of pressure (financial stability, leverage, personal financial need, financial targets), opportunity (nature of industry, ineffective monitoring), rationalization, capability. The sampling technique in the study used purposive sampling. The research sample is 80 financial data from 20 listed companies during the 2015-2018 period based on established criteria. Data analysis methods in this study used descriptive statistics, data quality tests, classic assumption tests, and hypothesis testing which consisted of multiple linear regression analysis methods, coefficient of determination test, F test, and t test. The results showed that leverage and financial targets affect the earning management actions, while financial stability, personal financial needs, nature of industry, ineffective monitoring, rationalization, and capability do not affect earnings management.