Revaluation of Fixed Assets: Innovative Strategies in Optimizing Value and Economic Lifespan at PT Garuda Indonesia
DOI:
https://doi.org/10.35870/emt.v10i4.7394Keywords:
Fixed Asset Revaluation, PSAK 16, PT Garuda Indonesia, Economic Useful Life of Assets, Managerial StrategyAbstract
This study aims to analyze the implementation of fixed asset revaluation as an innovative strategy to optimize the value and economic useful life of assets at PT Garuda Indonesia (Persero) Tbk. Revaluation is carried out to align the book value of fixed assets with their fair value amid external dynamics, particularly the COVID-19 crisis. Using a descriptive qualitative approach, this research employs secondary data from the company’s annual reports from 2020 to 2024. The results indicate significant fluctuations in revaluation values, reflecting the company’s strategic response to financial pressures and changes in the business environment. Revaluation has contributed to more relevant financial reporting, improved capital structure, fiscal efficiency, and extended economic life of assets. The policy also reflects compliance with PSAK 16 and forms part of a long-term managerial strategy for recovery and enhanced competitiveness. Thus, fixed asset revaluation is not merely a technical accounting measure but a critical instrument in corporate strategic decision-making.
Downloads
References
Andrada, I. B., & Demu, Y. (2021). Analisis perencanaan pajak melalui revaluasi aset tetap pada PT Destinasi Tirta Nusantara Tbk. Maret, 2021(1).
Angelia, L., Tresna, M. F., & Firmansyah, A. (2021). Implementasi PSAK 16 pasca adopsi IFRS dan pemberian insentif perpajakan pada perusahaan BUMN sektor infrastruktur di Indonesia.
Anggraini, N., Seswanto, H. J., & Yani, A. (2023). Analisis penerapan metode penyusutan aset tetap dan revaluasi aset tetap serta pengaruhnya terhadap laporan keuangan. JCA (Jurnal Cendekia Akuntansi), 4(2), 46. https://doi.org/10.32503/akuntansi.v4i2.4400.
Ayu Susanti, & Agrianti Komalasari. (2025). Pengaruh thin capitalization, revaluasi aset tetap dan profitabilitas terhadap penghindaran pajak. Jurnal Riset Akuntansi, 3(2), 14–27. https://doi.org/10.54066/jura-itb.v3i2.3134.
Ferdinand Wijaya, C. (2021). Revaluasi aset tetap pada perusahaan sektor industri manufaktur di Indonesia. Jurnal Akuntansi, 13(1), 84–98.
Husnul Hotimah, Dwi Ambarwati, Mufarrohah, M., Anasul Muttaqin, & Mochammad Isa Anshori. (2023). Manajemen kinerja digital. Maeswara: Jurnal Riset Ilmu Manajemen Dan Kewirausahaan, 1(6), 01–15. https://doi.org/10.61132/maeswara.v1i6.333.
Karina Gunawan, A., Prasetya, R., & Susilowati, K. D. (2024). Analisis perlakuan akuntansi aset tetap berdasarkan SAK EP pada RDV di Kabupaten Malang. Jurnal Akuntansi Bisnis Dan Humaniora, 11(02).
Kurniawati, L., Keuangan, P., Stan, N., Bagus, E., Direktorat, Y., Pajak, J., Kunci, K., Kas, A., Operasi, L., & Aset, R. (2019). Pengaruh revaluasi aset tetap terhadap kinerja perusahaan pada masa mendatang. Jurnal Akuntansi dan Keuangan, 3(1).
Monica Wijaya, S., Maria Angela, L., Akuntansi, J., Ekonomi dan Bisnis, F., & Palangka Raya, U. (2024). Faktor-faktor yang mempengaruhi revaluasi aset tetap pada perusahaan properti dan real estate di Bursa Efek Indonesia, 4*(2).
Paramita, D., Ekonomi, F., & Akuntansi, P. (2023). Analisis faktor-faktor yang dipertimbangkan dalam keputusan merevaluasi aset tetap.
Pratama, R. D., Gunawan, A., & Sembiring, E. E. (2022). Pengaruh biaya pemeliharaan aset tetap terhadap laba bersih pada PDAM Kota Cirebon. Indonesian Accounting Literacy Journal, 03(01), 106–114.
Prihastuti, & Sukri. (2023). Pengaruh ukuran perusahaan, leverage, arus kas operasi terhadap kebijakan revaluasi aset tetap pada perusahaan BUMN.
Siska, H. R. (2022). Seminar Inovasi Manajemen Bisnis dan Akuntansi (SIMBA) 4. Fakultas Ekonomi dan Bisnis Universitas PGRI Madiun.
Srikalimah, S., & Malikah, R. (2022). Analisa penerapan metode penyusutan, umur manfaat, dan revaluasi aset tetap terhadap kinerja keuangan perusahaan. Owner, 6(3), 3207–3216. https://doi.org/10.33395/owner.v6i3.1059.
Sudarman, et al. (2024). Optimalisasi pengendalian manajemen aktiva tetap dalam meningkatkan efektivitas penghitungan dan penghapusan aset menggunakan metode straight line dan fuzzy edas.
Suherlan, H., Adriani, Y., Pah, D., Fauziyyah, I., Evangelin, B., Wibowo, L., Hanafi, M., & Rahmatika, C. (2022). Keterlibatan masyarakat dalam mendukung program desa wisata. Barista: Jurnal Kajian Bahasa Dan Pariwisata, 9(1), 99–111. https://doi.org/10.34013/barista.v9i01.623.
Wijaya, T. N., & Hamidah, H. (2021). Institusionalisasi paradigma revenue center untuk pengelolaan aset negara yang optimal (Studi kasus pada Kantor Pelayanan Kekayaan Negara dan Lelang Surabaya). Media Riset Akuntansi, Auditing & Informasi, 17(2), 173–190. https://doi.org/10.25105/mraai.v17i2.2541.
Downloads
Published
Issue
Section
License
Copyright (c) 2026 Dewi Sri Wahyuni, Naila Zahira, Desi Enjel Hasibuan, M. Milwan Zuhri, Henny Andriyani Wirananda, Alistraja Dison Silalahi
This work is licensed under a Creative Commons Attribution 4.0 International License.
Authors who publish with this journal agree to the following terms:
1. Copyright Retention and Open Access License
Authors retain copyright of their work and grant the journal non-exclusive right of first publication under the Creative Commons Attribution 4.0 International License (CC BY 4.0).
This license allows unrestricted use, distribution, and reproduction in any medium, provided the original work is properly cited.
2. Rights Granted Under CC BY 4.0
Under this license, readers are free to:
- Share — copy and redistribute the material in any medium or format
- Adapt — remix, transform, and build upon the material for any purpose, including commercial use
- No additional restrictions — the licensor cannot revoke these freedoms as long as license terms are followed
3. Attribution Requirements
All uses must include:
- Proper citation of the original work
- Link to the Creative Commons license
- Indication if changes were made to the original work
- No suggestion that the licensor endorses the user or their use
4. Additional Distribution Rights
Authors may:
- Deposit the published version in institutional repositories
- Share through academic social networks
- Include in books, monographs, or other publications
- Post on personal or institutional websites
Requirement: All additional distributions must maintain the CC BY 4.0 license and proper attribution.
5. Self-Archiving and Pre-Print Sharing
Authors are encouraged to:
- Share pre-prints and post-prints online
- Deposit in subject-specific repositories (e.g., arXiv, bioRxiv)
- Engage in scholarly communication throughout the publication process
6. Open Access Commitment
This journal provides immediate open access to all content, supporting the global exchange of knowledge without financial, legal, or technical barriers.
