Name
: Putri Arum Sari
SIN
: C1I018013
Subject
: CSME
1.
Cooperative financial statements aim to calculate the residual results of operations
(sisa hasil usaha/SHU), oversee assets belonging to cooperatives to avoid abuse and
fraud, provide information about the rights to individuals who have an interest in the
cooperative, and are used as a basis for decision making. Conventional financial
statements in general are a method of processing financial information and
presenting it so that it can be used by interested parties on the results of the report.
As a whole, basically they are both presenting financial statements that aim to find
out the financial condition, the difference is only in the components of the two
financial statements. In the cooperative financial statements, there are calculation of
the results of operations (perhitungan hasil usaha)
and economic promotion reports
of members which arranged of economic benefits from the purchase of goods or the
You've reached the end of your free preview.
Want to read both pages?
- Fall '20
- Business, International Financial Reporting Standards, Cooperative, Putri Arum Sari, Cooperative financial statements
