The Application of Human Resource Accounting in Plywood Company The study case ofPT. Arjuna Perdana Mahkota Plywood

Abstract

Siswandi putra YR, (2004). The possibility for implementing Human Resource Accounting in Plywood company: A case study of PT. Arjuna Perdana Mahkota Plywood. Accounting department. Economic Faculty, Indonesian Islamic University. In this era of competition, every company strives to organize the business in the best way. The company's accounting information, such as financial statement is the key to measure the company's performance. Financial statement used by internal and external users as the basic of decision-making. Because of its importance financial statement has to put forward all company's information. As a matter of fact, financial statement does not give comprehensive information to the users. A new branch of managerial accounting or cost accounting is Human Resource Accounting. It is concern of confession of human resource as company's asset. Financial statement will reflect human resource as an asset. This additional information, which appears in financial statement, will reflect the true condition of the company. This research examined the application of Human Resource Accounting in financial statement of PT. Arjuna Perdana Mahkota Plywood. Income statement and Balance sheet of accounting of period 2000 were used. This research used a qualitative approach or non-statistical data in analyzing the problem. This based on compensation model by Lev and Schwartz's Present Value of Future Earning Model. The following is the result of this research: PT. Arjuna Mahkota Perdana Plywood had not applied Human Resource Accounting in that company. The company may uses this research as the reference to apply Human Resource Accounting and it can be used as reference to the other researcher.