This study will discuss the impact of PSAK 68 application guidelines in banking sectors related to fair value measurement in Indonesia. Otoritas Jasa Keuangan (OJK) issued the Pernyataan Standar Akuntansi Keuangan (PSAK) 68 application guidelines for the banking sector during the COVID-19 pandemic in order to support the implementation of PSAK 68 from Ikatan Akuntan Indonesia (IAI) regarding fair value measurement. The PSAK 68 application guidelines encourage banks to present financial statements that accurately represent the company's actual financial position and financial performance by measuring the fair value based on facts. This study uses qualitative methods by evaluating the application of fair value disclosure with the asset valuation of banking sector companies in Indonesia. This study concluded that the guidelines issued by OJK have an impact on banking entities in maintaining the company's financial position during the pandemic and can encourage the growth of the banking sector in a sustainable manner. Keywords: Banking sector, fair value measurement, financial performance, financial position, PSAK 68
With profitability serving as a moderating variable, the objective of this study is to objectively evaluate the impact of firm size on the timely submission of financial statements. This study makes use of secondary data and a quantitative methodology. A purposeful sample was chosen from a population of companies in the mining industry that will be listed on the IDX between 2019 and 2021. The moderated regression analysis method of the SPSS application was used to evaluate the hypothesis. The study's findings show that while profitability can increase or decrease a company's size's effect on how quickly financial statements are released, a financial statement's size by itself has no bearing on when it must be submitted. Future research on firm age can be guided by the study's findings. Next research may concentrate on the company's changeable age depending on the study's findings. Businesses having a longer lifespan gain expertise in data collection, processing, and output because age influences how investors deploy their capital. At that point, the company's age will start to affect how quickly financial statements are submitted.
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