Implementation of entity financial accounting standars without public accountability (SAK-ETAP) in sharia cooperatives in Bandar Lampung City

Abstrak

This study aims to analyze the application of SAK-ETAP in Islamic cooperatives in
Bandar Lampung City in preparing their financial statements. The expected benefit is to assist
cooperatives to apply SAK-ETAP in preparing their financial statements so that the financial
statements can describe the real financial conditions of the cooperatives. With this real
financial condition, the tax paid is close to the real value so that it can increase state/regional
income. This research is using sharia cooperatives in the city of Bandar Lampung as subjects,
especially in Kedaton and Rajabasa districts, with the consideration that the cooperative is
close to Lampung State Polytechnic due to pandemic conditions. The data needed are
cooperative financial statements, interviews with supervisors and administrators, and SAKETAP.

Sharia cooperative financial data obtained is as much as seven. Of the seven
cooperative data that can be processed are 6 cooperative data. The analysis technique used is
descriptive qualitative by comparing the financial statements of Islamic cooperatives with the
application of SAK-ETAP. The results obtained show that the six cooperatives have
implemented the processes and procedures for the operation well or are already following the
Financial Accounting Standards for Entities without Public Accountability (SAK-ETAP).