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Abstract
This study aims to analyze the implementation of revenue recognition and measurement in the financial statements of Gulala Azana Hotel & Resort and its compliance with accounting standards, particularly PSAK 72: Revenue from Contracts with Customers. The research adopts a descriptive qualitative approach, with data collected through interviews, documentation, and direct observation of the hotel's financial recording system. The results indicate that Gulala Azana Hotel & Resort has substantially applied the core principles of PSAK 72. Revenue is recognized on an accrual basis, specifically when services have been provided to customers, while advance payments are initially recorded as liabilities until the performance obligation is fulfilled. Revenue is measured based on the transaction value after considering discounts, vouchers, and taxes, and is allocated proportionally for bundled service packages. However, certain limitations remain, including the absence of formal written accounting policies and the lack of specific external audits regarding the application of PSAK 72. Therefore, it is recommended that the company formalize its accounting policies, enhance automation in the recording system, and conduct regular audits to strengthen compliance and financial reporting transparency.