Financial Management Knowledge Research Articles

Tindak Pidana Korupsi dan Alokasi Dana Desa

Introduction: The village funds that are managed are expected to realize the welfare of the village community. Community welfare can make a country strong and can compete with other countries. To be able to meet the needs of a quality life, it can be seen from how welfare is. Therefore, welfare is the main value that is always pursued so that humans can realize it. One important factor in realizing welfare is the existence of village funds. Efforts to increase awareness of village officials on the management of state finances, in this case the management of village funds for village officials, require counseling on the allocation of village funds and criminal acts of corruption. The low level of understanding and awareness of the law can be caused by the lack of socialization and supervision, this can be seen from the high level of corruption that occurs in Indonesia, especially in rural villages in Indonesia including Maluku, the lack of community access to knowledge of village financial management certainly causes miss management in village financial management.
 Purposes of the Research: Analyzing Corruption in Village Fund Allocation.
 Methods of the Research: The research method used is normative juridical, with a statutory approach and a conceptual approach. The sources of legal materials used are primary, secondary and tertiary legal materials.
 Results of the Research: The management of village funds in Indonesia, including in the Maluku region, should aim to improve the welfare of village communities. However, unfortunately, there are several obstacles that hinder the achievement of this goal. Low levels of legal understanding and awareness among village officials and village financial management tools contribute to this problem. Therefore, to overcome this problem, serious efforts are needed to improve understanding and legal awareness related to village fund management. This includes counseling on the allocation of village funds and the impact of corruption crimes. Better education and training should be provided to village officials and staff involved in village financial management. Only in this way can we reduce the level of corruption that harms village communities and the country as a whole.

Financial Literacy Moderation on the Influence of E-Wallet Usage and Locus of Control on Consumtive Behavior of Generation Z in Denpasar City

In the city of Denpasar, Bali, generation Z is a group that is increasingly using digital technology in everyday life. One digital technology that is widely used by generation Z is e-wallet. Even though the use of e-wallets among generation Z is increasing, there are still problems in optimal financial management. This can be seen from the increase in consumer behaviour which has not been balanced with an adequate level of financial literacy. Therefore, knowledge in personal financial management is needed to help them make the right financial decisions. This research aims to analyse Financial Literacy Moderation on the influence of E Wallet Usage and Locus of Control on Generation Z's Consumptive Behaviour in Denpasar City. The subjects in this research are Generation Z in Denpasar City. Descriptive measurements and analysis were carried out to obtain an overview or portrait of the respondents. Data was collected through a questionnaire instrument (Likert Scale) which had been tested for validity and reliability. Meanwhile, the sample was determined as 105 people using incidental sampling technique. Next, the collected data was analysed using the SEM-PLS analysis technique. The research results state 1.Ewallet usage has a negative and significant effect on the consumptive behaviour of generation Z in the city of Denpasar. 2. Locus of control has a positive and significant effect on the consumptive behaviour of generation Z in the city of Denpasar. 3. Financial literacy has a negative and significant effect on the consumptive behaviour of generation Z in the city of Denpasar. 4 .Financial literacy moderates the influence of e-wallet usage on the consumptive behaviour of generation Z in the city of Denpasar 5. Financial literacy moderates the influence of locus of control on the consumptive behaviour of generation Z in the city of Denpasar.

Learning Experiences for Addressing Financial Management Knowledge, Skills, and Attitudes in Entry-Level Physical Therapy Education: A Systematic Review

Background and Purpose. Financial management (FM) knowledge, skills, and attitudes (KSAs) are essential components of contemporary physical therapist (PT) practice. The Commission on Accreditation in Physical Therapy Education requires that FM content is included in professional PT education program (PTEP) curriculums but provides freedom in how the content is delivered. The purpose of this systematic review is to identify learning experiences PTEPs used to educate students regarding FM KSAs that are necessary for entry-level PT practice in the United States. Methods. Articles were eligible for inclusion if they were 1) published in a peer-reviewed scholarly journal, 2) written in English, and 3) described a learning experience used to deliver FM content. Articles describing didactic education, clinical education, or service-learning activities that were a required or voluntary component of professional PTEPs in the United States were included if they reported on objectives or outcomes related to FM. Electronic databases and relevant journals were searched. Search results were subjected to title, abstract, and full-text review. Selected articles were evaluated for methodological rigor. Pertinent data were extracted, analyzed, and synthesized. Results. Eighteen articles were included. Four categories were identified: 1) classroom learning 2) clinical education 3) pro bono clinics, and 4) service learning. Discussion and Conclusion. Student PTs were exposed to FM content in several ways. There was variability in whether participation was required or voluntary, the time commitment required by the student, and the concepts to which students were exposed. There are many opportunities for future research in this area from operationally defining FM, determining necessary FM KSAs for entry-level PTs, and to identifying the most effective learning experiences to ensure that new clinicians are prepared to effectively engage in this aspect of clinical practice.

Sosialisasi Buku Kas Sebagai Solusi Pembukuan Keuangan Digital UMKM Desa Banjaran Kab. Purbalingga

MSMEs have an important role in contributing to a country's revenue. In Indonesia, the number of MSMEs is very large, but the majority of MSMEs still do not have good and correct financial management knowledge. There are still many MSMEs who record business transaction activities manually and have not yet led to digitization in bookkeeping. Thus, digital bookkeeping is needed to make it easier for MSME actors to record business transaction activities. This method consists of the preparation, planning, implementation and evaluation stages. In general, the implementation of cash book socialization activities for MSME business actors in Banjaran Village, Purbalingga Regency has been running smoothly and in accordance with the planned program of activities. With this activity, MSMEs business gain new knowledge about managing financial management with a cash book as a digital financial accounting solution. And MSMEs consider the cash book application to be very easy to use and very helpful for MSMEs business in recording transactions when running a business.

Education on Personal Financial Management for the Generation Z Personal Fianance Management Education in Tanjung Duren Village, Jakarta

The young generation is the driving force of a country's economy, such as Indonesia, based on the 2020 population census of 279.2 million people, where the proportion of generation Z reached 27.94%. Where as many young people as Gen Z must be equipped with good financial literacy through financial management knowledge that supports the nation's progress. Universities play an important role in helping society, especially generation Z, by providing financial management education. The contribution of universities plays an active role in helping generation Z understand how to manage their finances effectively. Apart from fulfilling their academic duties, universities also play an active role in applying their professional expertise in the field of economics.The main aim of this community service is to equip generation Z with the importance of financial literacy so that they can use financial resources more optimally amidst very diverse and tempting promotions and consumption offers. Community engagement activities in the Tanjung Duren area of ​​Jakarta, where the majority are generation Z, will be carried out through seminars that focus on long-term financial planning, expenditure analysis and debt management.

PENINGKATAN KEMAMPUAN KEUANGAN UMKM DENGAN APLIKASI SMART DIGITAL

This Community Service Activity (PkM) aims to provide solutions for Small and Medium Enterprises in: 1). Knowledge of financial management, 2). Overall financial management skills, 3). Facilities and infrastructure to support business management in general. In order to support community empowerment programs, in SMEs. The PkM team utilizes research activities in terms of the use of technology in financial management, assistance, infographics, videos, and training to encourage knowledge and skills in partner SME financial management. The results of this community service reported that the partners' knowledge of financial literacy has increased, and financial management skills with the SMART DIGITAL application have also increased. Partners admit that it is easy to use this application and in general, can accommodate their bookkeeping needs easily and inexpensively.

Peningkatan Kesadaran Menabung Bagi Kaum Muda Melalui Sosialisasi The Importance of Saving

The Keling Kumang Institute of Technology (ITKK) is dedicated to fulfilling the Tri Dharma of Higher Education, encompassing the domains of teaching, research, and community service. In the 2022/2023 academic year, the Entrepreneurship study program within the ITKK (Institute of Technology and Knowledge Creation) undertakes community service initiatives under the guidance of faculty members, aligning with the institution's overarching vision and goal. The primary objective of this service program is to enhance the knowledge of young individuals on the need of saving. To effectively promote financial literacy among young individuals, it is imperative that they possess adequate knowledge and skills in financial management. This is crucial as each person possesses varying capacities in addressing their respective needs. We engage in community service initiatives aimed at promoting awareness among young individuals regarding the significance of saving, accomplished through the process of socializing this concept. The introduction of effective financial management strategies is expected to encourage young individuals to allocate a portion of their income towards savings, thereby optimizing the utility of their funds. This practice aims to cultivate a sense of self-control and promote the practice of frugality in financial matters

Financial Resource Management Knowledge, Skills, and Attitudes for Entry-level Physical Therapist Practice: A Survey of Physical Therapists in Ohio.

The purpose of this study was to explore the perceptions of physical therapists (PTs) regarding the importance of financial resource management (FRM) knowledge, skills, and attitudes (KSAs) for entry-level practice and investigate the roles of PT education programs (PTEPs), clinical education experiences (CEEs), and employers in addressing these KSAs. FRM KSAs have been identified as components of professionalism and leadership and, as such, are a required element in student PTs (SPTs) educational preparation. A purposive sampling of convenience strategy was employed by requesting a free mailing list for Ohio-licensed PTs. An online survey was developed based on PT Clinical Performance Instrument Criterion #17, "Patient Management: Financial Resources," as this tool is frequently used to endorse entry-level status of SPTs. Potential participants were solicited through email. Mixed methodology was used to analyze survey results. The survey was completed by 266 PTs. FRM KSAs in legal and regulatory compliance were perceived as most important, followed by coding and billing. Forty-eight percent of participants indicated that FRM KSAs were "less important" (n = 111) or "considerably less important" (n = 17) than clinical care skills, whereas 39.8% (n = 106) believed that these skills are of the same level of importance. Ten themes were derived from qualitative responses regarding the FRM content that should be provided by PTEPs. Participants indicated that the role of PTEPs was to provide an introduction and foundation to FRM, whereas CEEs should facilitate intentional exposure and opportunities to apply FRM KSAs with supervision. Employers were expected to provide education regarding clinic-specific operations and reimbursement considerations, as well as mentorship that included reviewing complex billing for accuracy, offering guidance for improving time management skills, and discussing fiscal responsibilities to both the employer and patient. This information may guide PTEPs and clinical personnel in providing focused meaningful instruction regarding FRM aspects of PT practice to SPTs and entry-level clinicians.

The Media's Role in Fostering Knowledge of Financial Management: A Case of Pakistan

This study investigates how behavioural biases affect how individual investors make investing decisions. Drawing upon the discipline of behavioral finance, which integrates psychological insights into financial decision-making, we investigate the presence and effects of various biases on investment behavior. The study aims to contribute to understand the factors thoroughly that shape individuals' investment choices and their subsequent financial outcomes. Using a mixed-methods approach, including surveys and interviews, we explore the prevalence and magnitude of biases for instance loss aversion, overconfidence, and framing effects among individual investors. By analyzing real-world investment decisions, we assess the influence of these biases on portfolio composition, trading frequency, and performance outcomes. According to the preliminary findings, behavioral biases play a significant role in shaping investment decisions. Overconfident investors prefer to trade more often, leading to higher transaction costs and lower returns. Loss aversion biases lead to suboptimal portfolio allocation, as investors disproportionately allocate funds to low-risk assets. Additionally, framing effects impact decision-making by altering risk perceptions and preferences. The study underscores the importance of recognizing and mitigating behavioral biases in investment decision-making. By raising awareness and providing insights into the specific biases influencing individual investors, this research offers valuable implications for financial education, regulatory policies, and investment advisory services. Ultimately, understanding the role of behavioral biases can contribute to more informed and rational investment decision-making, leading to improved financial outcomes for individual investors.

Faktor-Faktor Yang Mempengaruhi Perilaku Pengelolaan Keuangan Mahasiswa Politeknik Caltex Riau

This study aims to determine whether financial literacy represented by knowledge of basic financial skills, savings and credit, investment, risk management and the campus environment has an effect on financial management among students of the Caltex Riau Polytechnic. The data used is the result of a questionnaire distributed to all Caltex Riau Polytechnic Students. The research method used to analyze data and test hypotheses is multiple linear regression. The population of this study were all students of the Caltex Riau Polytechnic, totaling 2,055 people and 130 people who filled out the questionnaire, of this number, they had met the minimum number required in the Slovin formula. The results of this study indicate that knowledge of basic financial skills and risk management both have an effect on student financial management, while savings and credit, investment and campus environment each have no effect on student financial management. Keywords: Knowledge of basic financial skills, savings and credit, investment, risk management and the campus environment and student financial management

Financial Literacy and Love of Money Attitude toward Financial Management

Purpose – This study aims to determine the effect of financial literacy and attitudes love of money to financial management based on economic entity concept in UKM IKM Nusantara, Palembang City.Methodology/approach – This research is quantitative descriptive. The population in this study were 300 SMEs (Small Medium Enterprise) that are members of UKM IKM Nusantara. The sampling technique used is method purposive sampling and the criteria used in the study were SMEs that had joined as members of UKM IKM Nusantara for at least 3 years. The samples obtained in this study were 50 SMEs. This study uses primary data with data collection techniques using interviews, online questionnaires and observation.Findings – The results of this study indicate that as many as 84% of business actors in UKM IKM Nusantara who manage their finances have not implemented it economic entity concept. Furthermore, financial literacy has a significant positive effect on based financial management economic entity concept, where as love of money attitude does not affect the financial management based economic entity concept. Novelty/value – These findings indicate that SMEs need to have knowledge of financial management, especially based economic entity concept. This concept is a good financial management concept for SMEs to implement, especially in an effort to improve the best financial performance for SMEs.

The Role of Knowledge Transfer in Increasing the Productivity of Human Resources in the Creative Industry

The creative industry is growing rapidly, as can be seen from the rise of new creative industry that offer unique concepts, maintain product quality. The obstacle faced is the lack of the role of knowledge transfer so that the productivity of human resources decreases, this has an impact on the lack of knowledge and skills of creative industry players. This conceptual paper will discuss the role of knowledge transfer in increasing the productivity of human resources in the creative industry. This is because the creative industry is one of the leading sectors which contributes to the regional and national economy. The purpose of this research is to analyze the role of knowledge transfer in increasing the productivity of human resources in the creative industry. This paper is expected to provide useful insights and recommendations for stakeholders to improve the quality of human resources in the creative industry sector. Based on the conceptual framework, the recommendations that can be given are as follows. In order to increase knowledge transfer to human resource in the creative industry, (1) Knowledge of New Product Innovations is required; (2) Knowledge of more efficient Product Processing Methods; (3) Knowledge of attractive packaging and labeling for the products offered; (4) Knowledge of more effective marketing strategy innovations; (5) Knowledge of organizational innovation and internal management of a creative industry (6) Knowledge of creative industry capital; (7) Knowledge of service speed; (8) Knowledge of financial management.

Pelatihan Pembuatan Batik Tulis Malangan Untuk Meningkatkan Intensi Berwirausaha Pada Ibu-Ibu PKK RT 12 RW 09 Kelurahan Sawojajar

This community service activity aims to participate in empowering mothers who are members of PKK activities in the neighborhood of RT 12 RW 09 Sawojajar. The objectives of this training are enhancing knowledge of Malangan batik, enhancing entrepreneurship intentions through ideas for PKK women to try business opportunities in the Malangan batik, Enhancing knowledge to increase family income, and Enhancing knowledge of family financial management. The method used is a practical and educative training method through lectures, simulations, questions or answers, and the practice of making Malangan batik, fostering entrepreneurship intentions, ways to increase family income, and managing family finances. The result of this training is to gain new insights into the process of making batik Malangan. The training participants are also interested in starting a Malangan batik business as a form of interest in entrepreneurship and an effort to increase family income, and the training participants can prepare household budgets properly and correctly, to realize household financial health.

Influence of Financial Accountability on Organizational Performance: A Case Study of Ndolo DCC Church

The study is aimed at assessing how financial accountability influences the organizational performance of Ndolo DCC. A mixed research method was used where a collection of both qualitative and quantitative data was done. Its target population was 42 participants, from which quantitative used 33 participants and qualitative 9 participants. The collection of data was undertaken using questionnaires for quantitative data and interview schedules for qualitative data. The analysis of the data was done using Statistical Package for the Social Sciences (SPPS) version 23 on the quantitative data and the QDA Miner version 2.3. The data presentation was done using figures and tables. Regression of coefficients showed that financial transparency and organizational performance had a positive and significant relationship (β=0.228, p=0.026). Further results showed that financial management knowledge and organizational performance had a positive and significant relationship (β=0.304, p=0.035). Further results showed that financial attitude and organizational performance had a positive and significant relationship (β=0.450, p=0.005). A recommendation has been done to the leadership of Ndolo DCC church to make sure they are committed to the allocation of funds to the core functions and operations of the church. It was further recommended that to be good stewards of God’s resources, finances should be only spent on core matters of the church. The study recommended that the church leadership of Ndolo DCC should establish a proper accounting department and ensure that they are putting proper records on how the funds are spent and used. Further, the leadership of Ndolo DCC church should put in place clear mechanisms for reporting the financial position of the church. More so the leadership should deliberately put measures in place to increase financial knowledge by participating in training and workshops. They should also make a deliberate effort to minimize risks to the church funds by making well-thought investments and also ensures that church money is spent on needs that are adding value to the kingdom of God. This will enable the church to be financially viable.

Analysis of Social Entrepreneurship Competencies for Non-Formal Education Improvement

Entrepreneurial skills are necessary competencies for non-formal education managers. However, the development of social entrepreneurship skills in non-formal education has not received sufficient attention. This study aims to evaluate social entrepreneurship competencies and identify the factors and processes of non-formal education. Specifically, the research aims to analyze social entrepreneurship competencies among managers of non-formal education. The research method used is a literature review that collects data from relevant sources. The analysis shows that social entrepreneurship competencies required by non-formal education managers include creativity, adaptability, self-confidence, networking, understanding of social issues, and managerial skills. Additionally, non-formal education managers need knowledge and skills in financial management, marketing, and collaboration with other parties. This study contributes to strengthening the role of non-formal education managers in increasing the contribution of non-formal education institutions to society. The study's results can be a reference for non-formal education managers to improve their social competence.

Penguatan Literasi Keuangan untuk Ketahanan Keluarga pada Kelompok Perempuan Muslim Pra Sejahtera

Knowledge, skills, and confidence in financial management for women are essential given the complexity of their more frequent role in managing financial resources in a family. The implementation of community service aims to increase the financial resilience of pre-prosperous women's families through increased financial literacy in Palopo City. The approach to implementing community service uses the Sustainable Livelihood Approach (SLA), which is oriented toward the sustainability of the family economy so that the family is stronger. The results of the pre-test implementation confirmed that the participants' level of financial proficiency was shallow. With financial literacy counseling and simulated treatment of financial management on family financial decisions related to skills taking into account the 5M (controlling, spending, building, setting aside, and developing), there was a significant increase in proficiency in financial management in the post-test evaluation carried out by the team. In these results, there is an increase in knowledge, skills, and commitment to improving financial literacy and good behavior so that family financial resilience increases.

Consumptive Behavior in Adolescents and Its Impact on Financial Management: Case Studies and Practical Implications

Consumptive behavior in adolescents has become the focus of attention in the context of financial management. This article aims to analyze consumptive behavior in adolescents and its impact on their financial management using a quantitative approach. Through a quantitative survey involving a sample of adolescents, this study aims to identify influencing factors that influence consumptive behavior and analyze the short-term and long-term impact of consumptive behavior on adolescent financial management. The research method used is a quantitative survey with a structured questionnaire. The study sample consisted of adolescents aged 15-18 years who were randomly selected from several schools in certain areas. The questionnaire included questions about spending patterns, consumption motivation, financial management, and financial knowledge of adolescents. The collected data were analyzed using descriptive statistical techniques and regression analysis to identify the relationship between consumptive behavior and financial management. The survey results show that influencing factors such as marketing, social media, peers, and psychological factors play an important role in adolescent consumptive behavior. In addition, excessive consumptive behavior has a negative impact on adolescent financial management, including consumptive debt problems, difficulty saving, and lack of financial knowledge. The long-term impact of this consumptive behavior can lead to financial risks in the future.

Pengaruh Efikasi Diri dan Pengetahuan Manajemen Keuangan Bisnis Terhadap Intensi Berwirausaha

Abstract Main problem: the influence of self-efficacy and business financial management knowledge on entrepreneurial intentions. Objective: to determine and analyze the influence of self-efficacy and business financial management knowledge on entrepreneurial intentions. Originality: the influence of self-efficacy and business financial management knowledge on entrepreneurial intentions. Method: this exploration is quantitative and is applied due to the influence of two or more factors explicitly when building a relationship. Results: self-efficacy has a positive and extraordinary impact on the desire for entrepreneurship. Knowledge of financial management influences the desire for entrepreneurship in central java.

Strengthening Carving Business Management in Siangan Village, Gianyar, Bali

Strengthening the management of the carving business is necessary because the existence of this business provides high economic value and has the potential to go global, so that the business is required to be able to face competition, generate product growth with new innovations, technological renewal, create jobs and improve the welfare of the local community. This community service was carried out in Siangan Village, Gianyar, Bali. The purpose of this community service activity is to increase knowledge of the role of the marketing mix, understanding of financial management and entrepreneurial knowledge of carving businesses. The method used to strengthen the management of the carving business is community education through counseling. The results of this community service show that there is an increase of 20% related to knowledge about the role of marketing mix, understanding of financial management and entrepreneurial knowledge of carving business actors.

The importance of financial planning in preparedness for self-death

Unclaimed estate is a major source of economic hardship for Muslims. It may take a long time to liquidate the estate since it could be frozen. The deficiency of knowledge in financial management caused the family to face burdens such as debt of sudden death and not being preparedness for death. Aspect finances are important for individuals and communities in increased well-being of the self, family, and good death. The preparedness for death is important in the face of unexpected things such as chronic illness and sudden death. The research readiness for death based on finances has still been less studied. Is society prepared to have a financial planning readiness for death? Is there a level of understanding among people and communities that death has a financial aspect? In-depth semi-structured discussions with the experts in several domains included readiness for death. This discussion was conducted online, such as via Google Meet, and audio was recorded. This interview was transcribed and coded using an inductive approach. The participants consist of experts in the fields of education and finance. Experts from the National University of Malaysia (UKM), International Islamic University (IIUM), Institute of Islamic Studies Malaysia (IKIM), and University of Science Malaysia (USM). The result is based on a thematic analysis of the preparedness for death-self financial in Malaysia.