ANALYSIS OF COMPANY COMPLIANCE WITH PSAK, Summaries of Financial Accounting

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ANALYSIS OF COMPANY COMPLIANCE WITH PSAK

1. PSAK 3 (Interim Financial Reports)

Financial reports are documents that present information about the financial

condition of an entity or company in a certain period. Interim financial

reports are financial reports prepared for a shorter time period than the

regular annual accounting period. This report is used to provide an update

or overview of the company's financial performance during a certain period

position to date in a particular accounting period before the financial year

ends. The main objective of interim financial reports is to provide relevant

and up-to-date information to company stakeholders to assist them in

making financial decisions and following developments in financial

performance during the year. Some specific purposes of interim financial

reports include:

1. Provide regular information

Interim financial reports provide regular updates throughout the year,

allowing stakeholders to follow company developments more closely.

2. Support decision making

company's revenue, expenses and financial position over a certain period of

time. Company management can use interim reports to monitor the

achievement of financial targets and identify problems that may need

immediate attention.

4. Meet Regulatory Requirements