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Financial statement analysis maximizes the information that relatively small into wider
and more accurate information. The result of the financial statement analysis will reduce
the
inconsistency of a report.
Results of
the analysis
will
make the
information
far
more
reliable, thus
will
increase
the
reliability of
the
information
that
will
make
a
more
accurate decision.
2.2.2 Users of Pension Fund Financial Statement
There
are
several
parties
that
affected
by
the
financial
condition
of
the
Pension
Fund.
Users of Pension Fund financial statement include (Tunggal, 1999, p. 118):
Plan
Sponsor
will
need
the
information
regarding
the
financial
condition
of
the
Pension
Fund
especially
about
the
wealth
and
liabilities
of
the
Pension
Fund.
Plan sponsor of Pension Fund with defined benefit program considers the
position of the wealth and
liabilities of the
fund to be very
important. The reason
is that it is the responsibility of the plan sponsor to covers the liabilities of the
Pension Fund.
Participants needed information on how the plan administrator manages the
Pension
Fund.
This
is
important
to
participants
since
the
pension
benefit
that
will have received is depended on how the wealth managed.
The
Plan
administrator
needed
the
financial
report
to
fulfill
their
responsibility
for the management of the pension fund.
Government
needed
the
financial
report
for
observation
of
the
management
of
the Pension Fund. The government also uses the financial report to calculate tax.
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