ANALYSIS OF INVENTORY ACCOUNTING IMPLEMENTATION BASED ON GOVERNMENT ACCOUNTING STANDARDS STATEMENT NO.5 AT RSIA XYZ HOSPITAL MALANG

Abstract

Based on PSAP 05, inventory accounting includes current assets in the form of goods or supplies that support government operational activities, as well as items intended for sale or distribution in public services. However, inventory recognition at RSIA XYZ does not fully comply with these standards. RSIA XYZ does not implement annual budget planning; instead, it relies solely on a monthly budget, which is deemed sufficient to meet patient needs. The hospital does not comprehensively detail inventory based on monthly estimates and does not plan budgets for the following year. In recording practices, RSIA XYZ does not record actual inventory usage costs but relies only on estimated monthly budgets. Inventory is only recorded when goods arrive and are paid for, rather than at the end of the period. In managing inventory, expired or damaged drugs are categorized as unused stock. Meanwhile, for office supplies (ATK), damaged items are merely moved to the storage area without any specific record-keeping, with only basic checks performed.