Website Costs-Operation Phase Compliance Analysis on Financial Statement of E-Commerce Company in Indonesia: A Case Study of PT. X in Jakarta

DOI

10.2991/aebmr.k.200915.074How to use a DOI?

Keywords

website costs, PSAK 19, PSAK 14, tax, e-commerce

Abstract

The purpose of this study is to analyse website cost – operation phase of PT X whether it is in accordance with PSAK 19 Intangible Assets, ISAK 14 Website costs and taxation rules. PSAK 19 and ISAK 14 state that the costs related to the website are divided into development and operation phase. In accordance with ISAK 14, at operation phase, all expenditures are recognized as expenses unless they meet recognition criteria of PSAK 19 paragraph 18. The expenses that meet PSAK 19 paragraph 18 will be capitalized. On taxation side, in accordance with the explanation paragraph of article 28 paragraph (7) of Law No. 6 of 1983 concerning General Provisions and Tax Procedures as lastly amended by Law No. 16 of 2009 bookkeeping is based on Accounting Standards, then significant website costs that have more than 1 (one) year benefit should also be capitalized as long as they meet recognition criteria of PSAK 19 paragraph 18.

Copyright

© 2020, 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  - Yohanes
AU  - Desi Susanti
PY  - 2020
DA  - 2020/09/15
TI  - Website Costs-Operation Phase Compliance Analysis on Financial Statement of E-Commerce Company in Indonesia: A Case Study of PT. X in Jakarta
BT  - Proceedings of the International Conference on Management, Accounting, and Economy (ICMAE 2020)
PB  - Atlantis Press
SP  - 331
EP  - 335
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.200915.074
DO  - 10.2991/aebmr.k.200915.074
ID  - 2020
ER  -