Equity reflects owners’ claims and accumulated business performance not yet distributed. For most entities (especially corporations under PSAK 1 & PSAK 21 – Entity Without Public Accountability), equity consists of:
Here’s a professional write-up for (Statement of Financial Position / Balance Sheet), based on Indonesian financial accounting standards (PSAK). You can adapt this for report, presentation, or academic use. Write-Up: PSAK Modal (Equity) 1. Definition & Scope Under PSAK (Pernyataan Standar Akuntansi Keuangan), Modal (equity) is defined as the residual interest in the assets of an entity after deducting all liabilities. PSAK 1 (Presentation of Financial Statements) requires equity to be presented clearly in the statement of financial position. psak modal