ABSTRACT

Eriska Nurvianti / 35980656 / 2003 / Analysis of Accounting Treatment In Financial

Statement of Syari’ah Life Insurance PT Asuransi Takaful Keluarga Based on PSAK No.
36 / Mr. Haitami Abu Bakar,Drs, M.M and Mr. Purwanto, M.S

The Syariah life insurance company that operational system is not based on interest

rate but on profit loss sharing. Therefore, there are some different in the accounting

treatment of syari’ah life insurance and conventional insurance. Based on this condition,

the author want to know whether accounting treatment in Asuransi Takaful Keluarga

(ATK) has been in accordance in Statement of Financial Accounting Standard (PSAK) No.

36

Life insurance accounting treatment for revenue prefers to use accrual basis

method. Asset recognizes with acquisition price except marketable securities, and the

liabilities used to Net Level Premium Method.

The research method is used to descriptive method, that to give description in a

systematic manner about background and character variable to adjust with PSAK No. 36.

The result of the analysis shows that accounting treatment implemented by ATK

has adjust with PSAK, although accounting treatment in revenue is different. The ATK use

to profit loss sharing, so the revenue recognition use cash basis.

The ATK accounting treatment is appropriate with Statement of Financial

Accounting Standard (PSAK) No. 36. And the author suggest to ATK to maintain its

accounting treatment with profit sharing.

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