Analysis of Accounting Treatment for Fixed Assets Based on PSAK No. 16 in Manufacturing Companies Listed on the Indonesian Stock Exchange

This research aims to explain the application of fixed asset accounting at PT Siantar Top Tbk and PT Cisarua Mountain Dairy Tbk based on the Statement of Financial Accounting Standards (PSAK) No. 16. This research methodology uses a descriptive qualitative approach with secondary data obtained from the financial reports of the two companies. The research focus includes recognition, measurement, depreciation, recognition, and presentation and disclosure of fixed assets. The research results show that both companies have recognized fixed assets based on acquisition cost, which includes the purchase price and additional costs required to make the assets ready for use. Depreciation of fixed assets is carried out using the straight-line method, which allocates the cost of the asset evenly over its useful life. PT Siantar Top Tbk and PT Cisarua Mountain Dairy Tbk also routinely carry out impairment tests to ensure that the recorded value of assets does not exceed their recoverable amount.