The Revenue Recognition Based on PSAK 72 in Real Estate Companies Listed on The Indonesia Stock Exchange for 2018 to 2021

Dynda Shafiyah Azzahrah; Khristina Yunita; Rudi Kurniawan; Sari Rusmita; Vitriyan Espa

doi:10.51967/tanesa.v26i1.3328

Authors

Dynda Shafiyah Azzahrah Tanjungpura University
Khristina Yunita Tanjungpura University
Rudi Kurniawan Tanjungpura University
Sari Rusmita Tanjungpura University
Vitriyan Espa Tanjungpura University

DOI:

https://doi.org/10.51967/tanesa.v26i1.3328

Keywords:

PSAK 72, Revenue Recognition, Profitability, Real Estate, Financial Performance

Abstract

This study aims to examine the impact of implementing PSAK 72 on revenue recognition within the Indonesian real estate sector. Using a comparative descriptive method with a quantitative approach, this research analyzed seven major real estate companies listed on the Indonesia Stock Exchange from 2018 to 2021. The results showed variations in financial performance indicators such as Gross Profit Margin (GPM), Net Profit Margin (NPM), Return on Assets (ROA), and Return on Equity (ROE) before and after the implementation of PSAK 72. The findings indicate that the standard significantly influences financial reporting and profitability due to stricter revenue recognition criteria. This research provides insights into the practical effects of PSAK 72 for stakeholders in the real estate industry.

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