Ajeng Salindri Widia Saraswati

Abstract

The purpose of this study was to determine the impact of the application of PSAK 73 on the company's 
financial performance at PT X. This study used a qualitative descriptive method. Data and information in 
the form of financial statements for the financial year ended June 30, 2019 (not yet applying PSAK 73) 
and financial statements for the financial year ended June 30 2020 that have applied PSAK 73. The results 
show that the Company has applied PSAK 73 retrospectively so that the financial statements before the 
period June 30, 2020, are presented returned and presented comparatively for 3 financial years. The 
application of PSAK 73 on leases has a significant impact on the financial performance of PT X, this is 
evident from the results of the study showing that there are quite large changes in total assets and total 
liabilities, which has implications for changes in the solvency ratio as indicated by an increase in ratio the 
Debt To Assets (DAR) 26.02% and Debt To Equity (DER) 84.85%, while the profitability ratio of PT X 
experienced a decrease in the ratio of Return On Assets (ROA) 1.72% and an increase in the ratio of 
Return On Equity (ROE) 0,3%.