The financial statements serve to provide information about the financial position, results of operations of an entity, and assist in decision making. This study aims to determine the suitability of the BPRS Madina Mandiri Sejahtera financial statements with SAK ETAP. This type of research is descriptive qualitative with primary and secondary data sources. In this study, the data that will be used to analyze is data in the financial statements relating to the application of SAK ETAP. The technique of taking interviewees is purposive sampling. And to test the validity of the data using triangulation techniques. The results of this study indicate that the BPRS Madina Mandiri Sejahtera has presented and disclosed financial statements following SAK ETAP. But there are still some financial reports that are not equal to SAK ETAP. Like the Revenue Reconciliation Report and Profit Sharing, which only included it in the Notes to the Financial Statements and some of the terms used were not equal with SAK ETAP.