ANALISIS PENERAPAN PSAK NO. 36 TENTANG AKUNTANSI KONTRAK ASURANSI JIWA (Studi Kasus PT. Asuransi Jiwasraya (Persero) Cabang Jambi)

Abstract

The purpose of this study is to analyze the application of SFAS No. 36 about accounting for
life insurance contract at PT. Asuransi Jiwasraya (Persero) Branch of Jambi City. Type of
research in this study is qualitative research by using case study research. Data collection
methods used in this study are interviews and documentation. Sources of data used in this
study are primary data and secondary data. The method of data analysis in this study is
descriptive analysis, which defined as a method that is only used to describe, identify, or
analyze the results of research but not used to make a conclusion broader.
The result showed that PT. Asuransi Jiwasraya (Persero) Branch of Jambi City has not fully
implemented SFAS No. 36, since the recognition of other income is not derived from the
commissions on reinsurance and commissions profit butratherfrom the policy payable as well
as the recognition and measurement of future benefits liability policy and estimated claims
liability are not done by the branch office but by the head office. The company does not make
any notes to the financial statements, so there is no accounting policy disclosure. The
company should follow the development of the Financial Accounting Standards by applying
SFAS No. 36.