ANALISIS PENERAPAN PSAK 241 ASET BIOLOGIS PADA PT SAWIT SUMBERMAS SARANA Tbk

PSAK 241 on Biological Assets is an accounting guideline that regulates the
treatment of biological assets, including recognition, measurement, and disclosure
in financial statements. This standard aims to provide relevant and reliable
information regarding the economic value of biological assets that undergo
continuous biological transformation, such as plants and animals. This study was
conducted to determine whether PT Sawit Sumbermas Sarana Tbk has properly
implemented PSAK 241 in reporting biological assets in the form of oil palm
plantations in its 2024 financial statements. The research used a descriptive
qualitative method with secondary data obtained from the company’s audited
financial reports. The results show that the recognition, measurement, and
disclosure of biological assets by the company are in accordance with PSAK 241
provisions. The biological assets are recognized as current assets, measured at fair
value less costs to sell, and disclosed transparently in the income statement and
notes to the financial statements.