Analisis Pelaksanaan Kuasi Reorganisasi
Wijayanti, Citra Wahyu (Pemb : Prof. Dr. Zaki Baridwan, M.Sc.,Ak), Prof. Dr. Zaki Baridwan, M.Sc.,Ak
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In some corporations, continuous losses on firm's operations could violate its wellbeing. Not only has the situation caused deficit on retained earnings, but also leads to firm's bankruptcy, even though the firm has good business prospect in the future. In this stressfully situation, a strategic plan must be taken to represent the real picture of significant data and to write off its deficit on retained earnings. The corporation needs a "fresh start" and need to adjust accounts accordingly without going trough a lengthy and costly legal reorganization.
The needs for quasi reorganization came about during the depression. Times were poor and corporations needed a means of obtaining a fresh start. Quasi reorganization is generally known as accounting reorganization, and further known as corporate readjustments. Quasi reorganization is a voluntary corporate readjustment, initiated by management, and carried out with due formality. It represents the pragmatic effect, that under quasi reorganization procedure, the firm can change its financially distressed condition and their disability to raise capital into a better condition. Expectedly, by applying the procedure, the firm can continue its existence and fulfill the obligation to distribute firm's profit sharing. This article generally examines the theoretical concept of quasi reorganization procedure, and specifically evaluates its application in Indonesian corporations.
Kata Kunci : Quasi Reorganization, Accounting Reorganization, Corporate Readjustments.
