TRANSLATION THE FINANCIAL STATEMENTS ARE BASED ON HISTORICAL COST ACCOUNTING (HCA) INTO GENERAL PRICE LEVEL ACCOUNTING (GPLA) (CASE STUDY PT HM SAMPOERNA Tbk PERIOD 2009)

Abstract

In every year, Indonesia has some problems related to inflation.The general accounting accepting principles is historical method, this concept does not recognize inflation as influencing change during transaction period due to Stable Monetery Unit. These facts reveal into relevance of corporate financial statements. To find the resistence of the company in facing crisis and competition conditions which are difficult to predict, further more the additional report from the general price level accounting (GPLA) is required. This concept assessment the actual value of rupiah of the products or services exchanged known as purchasing power. The purpose of this research is to analyze the fairness of financial statements based on GPLA method. Description content and table analysis is applied by theoritical comparison. The conclusion of this paper indicates that the financial statement of PT HM Sampoerna has presented fairly by GPLA method.