Building Basic Accounting Equations Based on Pancasila

Abstract

This research is a real form and a concrete step in guarding the existence of Pancasila accounting which has been researched by previous researchers. In this research, an accounting equation based on Pancasila will be produced. Through the construction process, an understanding is based on the Pancasila philosophy of entity ownership theory. So it is hoped that it will grow into a comprehensive accounting science based on Pancasila. This research is critical research using Pancasila analysis tools, so basically there are two steps, namely technically and the researcher's objective relationship which is based on the Pancasila view. In the accounting concept based on Pancasila, accounting products must reflect Pancasila values. For example, there are Pancasila assets that reflect corporate social responsibility both on a large and small scale. This asset is also a form of Pancasila capital. Conventional accounting theory construction often fails to integrate ethical and moral values. However, by incorporating the Pancasila philosophy in accounting, we can reflect ethical and moral values ??through Pancasila assets and equity.