Simple journal comparison of statement of government accounting standards 09 (psap 09) concerning accounting liabilities with statement no. 07 of the governmental accounting standards Boards (GASB 03) on Advance Refundings Resulting In Defeasance of debt
Abstract
This study aims to compare the Indonesian Government Accounting Standards Statement 09 (PSAP 09) with Statement No. 07 Government Accounting Standards Board (GASB 07)Advance refundings Resulting in defeasance of Debt. Starting from Recognition, Determination of carrying amount, Amortization, and borrowing costs charged to the obligation. In addition, it is also related to the write-off of debt, the results of this discussion show that in the process of implementing the accounting for government obligations, in general it is in accordance with the laws and regulations, but in the disclosure there are still things that have not been explained in detail.
How to Cite This Article
Erni Kiki Marietta Purba, Arlina Ginting, Iskandar Muda (2021). Simple journal comparison of statement of government accounting standards 09 (psap 09) concerning accounting liabilities with statement no. 07 of the governmental accounting standards Boards (GASB 03) on Advance Refundings Resulting In Defeasance of debt. International Journal of Multidisciplinary Research and Growth Evaluation (IJMRGE), 2(4), 112-117.