Implementation of Intangible Assets Accounting in the Ministry of Public Works and Public Housing Analysis

DOI

10.2991/iac-17.2018.37How to use a DOI?

Keywords

Accounting; Government Accounting Standards; Ministry of Public Works and Public Housing; Intangible Assets

Abstract

This research uses a case study that aimed to analyze the implementation of intangible asset accounting at the Ministry of Public Works and Public Housing (MoPWH), the weaknesses of intangible asset accounting implementation in the MoPWH, and providing solutions to overcome the weaknesses of intangible asset accounting implementation in the MoPWH. The analysis is conducted by comparing the conditions of the intangible asset accounting implementation in the MoPWH with the Government Accounting Standard Bulletin Number 17 on Accounting for Intangible Asset Based on Accruals. The results show that the weakness of the implementation of intangible assets accounting in the MoPWH is in the stage of recognition, measurement, termination and disengagement, recording, presentation and disclosure. The results suggest that the implementation of intangible asset accounting can be improved by drawing up standard guidelines for the implementation of intangible asset accounting in the MoPWH, preparing standard operating procedures (SOP) for the implementation of intangible asset accounting in the MoPWH, improving the capacity of MoPWH employees and increasing the role of the Inspectorate General in the administration of intangible assets in the MoPWH.

Copyright

© 2018, the Authors. Published by Atlantis Press.

Open Access

This is an open access article distributed under the CC BY-NC license (http://creativecommons.org/licenses/by-nc/4.0/).

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TY  - CONF
AU  - Aditya Aditya
AU  - Ayuningtyas Hertianti
PY  - 2017/08
DA  - 2017/08
TI  - Implementation of Intangible Assets Accounting in the Ministry of Public Works and Public Housing Analysis
BT  - Proceedings of the 6th International Accounting Conference (IAC 2017)
PB  - Atlantis Press
SP  - 207
EP  - 211
SN  - 2352-5428
UR  - https://doi.org/10.2991/iac-17.2018.37
DO  - 10.2991/iac-17.2018.37
ID  - Aditya2017/08
ER  -