Preparation Of Financial Reports Research Articles

The impact of the determinants of the transition to the International Financial Reporting Standards (IFRS) on fulfilling the requirements of the transition to the international standards: a field study in audit offices in the state of Khartoum – Sudan

The study examined International Financial Reporting Standards (IFRS), the factors influencing their adoption in the Sudanese business environment, and proposed solutions. The aim was to identify the requirements for adopting these standards in the Sudanese business environment. In addition, to identify the determinants that hinder the transition to these standards from an auditor's perspective by using a descriptive analytical approach. These determinants were divided into categories represented by the Accounting and Auditing Profession Regulatory Council in Sudan, companies, the securities market, and educational institutions. A questionnaire was used to collect study data from the study population which represented in the audit offices in the state of Khartoum – Sudan, and the study sample consisted of (220) participants. The main study findings are: the most important requirement for fulfilling the transition to international standards for the preparation of financial reports in the Sudanese business environment is to enhance the accounting knowledge of international standards for the preparation of financial reports among the practitioners of the accounting profession. There are also several determinants that have led to a lack of interest in adopting international standards for preparing financial reports in the Sudanese business environment, the most prominent of which are the absence of a clear national plan to partially adopt these standards or their compatibility with local standards, the high costs of switching to applying and adopting international financial reporting standards, In addition to apprehension about the additional disclosure requirements of the International Financial Reporting Standards.

ANALISIS PENERAPAN SAK EMKM DALAM PENYUSUNAN LAPORAN KEUANGAN PADA USAHA MIKRO KECIL MENENGAH DI KOTA BATAM

This study aims to analyze the application of SAK EMKM in the preparation of financial reports on small and medium micro businesses in Batam City. This study used a descriptive and quantitative statistical approach with a population of 700 MSMEs registered with the Batam City Cooperatives and Small and Medium Enterprises Office and the sample in this study consisted of 100 respondents and used a questionnaire as a data collection instrument. From the data analysis, it was found that SAK EMKM did not affect financial reports with t count (1.276) < t table (1.983) and MSME socialization had an effect on financial reports with t count (6.462) > t table (1.983). Simultaneously the results of the EMKM SAK F test and MSME outreach have an effect on financial reports with a calculated F value (28.566) > F table 2.69).

Barriers to Establish a Cooperative to Manage a Machinery Rental Business in Farmer Groups: A Multi-Case Study Approach

This study aimed to analyze the barriers faced by farmer groups in establishing a cooperative to manage a machinery rental business. The qualitative method with a multi-case study approach was used in this study with farmer groups as the research objects and chairpersons and members as the participants. The chairpersons were chosen by purposeful sampling and the members by snowball sampling. Data collection techniques were in-depth interviews and focus group discussions. The data credibility tests were triangulation and member checks. The results showed that all chairpersons and members positively responded to the cooperative and that the main barrier to establishing cooperatives in farmer groups was the absence of volunteers. The barriers for farmer groups that had volunteers included: (1) it was difficult to find members who wanted to become administrators because they felt they were unable to overcome the problem of shortage of operators and customers; (2) the obligation to make financial reports to the Cooperative Office and members; (3) management has not been able to prepare financial reports; and (4) expensive notary fees. Our recommendations for the Ministry of Agriculture are to assign agricultural extension civil servants as volunteers and to conduct operator training. The recommendation to the Ministry of Cooperatives is to guide the preparation of financial reports.

Implementation of PP No. 71 of 2010 concerning Accrual-Based Government Accounting Standards in the Preparation of Financial Statements

This study aims to look at HR's understanding of the implementation of Accrual-Based SAP and to find out the application of accrual-based government accounting standards in Government Agencies of the North Sumatra Province Environment and Forestry Service,This study applies a descriptive qualitative approach with data collection techniques, namely observation, interviews, and documentation,Application of Government Accounting Standards to the Environment and Forestry Service of North Sumatra Province only presents 5 financial reports, namely the Budget Realization Report, Balance Sheet, Operational Report, Report on Changes in Equity and Notes to Financial Statements. It can be concluded that the financial reports presented by the Environment and Forestry Office of North Sumatra Province are in accordance with Government Regulation Number 71 of 2010.It can be concluded that the readiness of Human Resources (HR) at the Department of Environment and Forestry of North Sumatra Province is Inadequate. This is due to the lack of competent human resources in preparing financial reports and the lack of knowledge regarding the accrual basis at the North Sumatra Province Environment and Forestry Service. But it does not hinder and disrupt the process of preparing accrual-based financial reports, in which HR is guided by the preparation of financial reports in the previous period.

Penerapan Sistem Keuangan BUMDESA Amanah Di Desa Karanganyar Kecamatan Plupuh, Sragen

Law (UU) No. 6/2014 on Villages and its derivative regulations have changed and encouraged patterns of independence in villages, one of which is through the existence of Village-Owned Enterprises (BUMDesa) as a support for the village economy. Karanganyar Village, Plupuh Sub-district is one of the villages in Sragen Regency that has a BUMDesa as one of the pillars supporting Village Original Income (PADesa) named BUMDesa "Amanah" which was established in 2018. The objectives of this community service activity are (1) to assist partners (BUMDesa "Amanah") in preparing and implementing the Village Financial Management System using the BUMDesa Financial Management Application System, and (2) to assist the management of production and service management including drinking water quality testing. This activity uses the FGD method along with training in the preparation of financial reports which includes understanding the basics of accounting and assisting the production and service management of the PAM unit. The results obtained during community service activities are the determination of account names and account codes in accordance with SAK Etap, the application of the BUMDesa Amanah financial management system application, along with the results of the water testing laboratory. Community service activities at BUMDesa Amanah Karanganyar Village, Plupuh District, Sragen Regency have produced a BUMDesa financial management system that can be used to make integrated financial reports from each unit. In addition, this activity also produces water quality testing as a form of providing information to SR customers

The Role of Financial Reports for MSMEs in Gianyar District

MSMEs play an important role as the driving wheel of the regional economy. Financial statements are one of the components that can be used as a barometer to assess business development. The results of the BPS survey show an increase in the quantity of MSMEs after the new normal (2020). However, is this increase in line with quality? There are still many assumptions that the process of preparing financial statements is very complicated. Not even a few who have not prepared financial reports. This research was conducted in Gianyar Regency, as one of the areas where MSME growth has been very fast compared to other districts in Bali Province from 2020 until now. This study analyzes MSME perceptions of financial statements, constraints and influences on the preparation of financial reports on MSMEs with a descriptive approach using the focus group discussion (FGD) method and supported by the results of a questionnaire survey. Involved 10 informants and 100 respondents selected through purposive sampling. The results of this study are expected to be able to provide consideration for SMEs regarding the importance of preparing financial reports in running a business. It is our hope that the output of this research can be additional literacy as well as input on the importance of financial reports and the role of accounting in business development. As well as shifting the accounting paradigm from making it difficult to accounting to help businesses.

The Impact of the Application of Corona Pandemic (COVID-19) Precautionary Measures on the Preparation of Financial Reports

Purpose: This study aims to know the impact of applying the precautionary measures of the (Corona-19) pandemic on the preparation of financial reports through its impact on accounting policies and the hypothesis of the continuity principle, and the events subsequent to the preparation of financial reports in the Kingdom of Saudi Arabia, and what is the uniform work that the establishments must do. Method: In its assessment of the effects of the epidemic and its assumptions related to the preparation of financial reports and the assessment of the appropriateness of preparing the financial statements according to what was mentioned at the end of the fiscal year, the study used an electronic survey list that was distributed to a sample of (82) respondents, and the study followed the descriptive analytical approach. Data analysis by the statistical program (SPSS), according to the five-point Likert model. Theoretical reference: There is no theoretical justification against our own elaborated model as it is exploratory in nature. Results and conclusion: The study found that there is a positive relationship between the application of precautionary measures for the (Corona-19) pandemic and the variables of the study. we have excluded the viewpoint of reporting expectations of user groups in making decisions during a pandemic.

Pendampingan Penyusunan Laporan Keuangan Menggunakan Sistem Informasi Akuntansi Pada Puskesmas BLUD

Dalam perkembangan teknologi dan sistem informasi saat ini, memberikan pengaruh yang signifikan dalam kegiatan operasional suatu organisasi atau perusahaan. Instansi pemerintah juga menggunakan sistem informasi akuntansi salah satunya yaitu dalam penyusunan laporan keuangan yang dilakukan oleh Puskesmas Badan Layanan Umum Daerah. Adanya sistem informasi akuntansi membuat penyusunan laporan keuangan pada Puskesmas menjadi lebih terorganisir dan berkesinambungan. Penerapan sistem informasi akuntansi pada Puskesmas tentunya tidak mudah, perlu dilakukan pendampingan dalam penggunaannya. Pendampingan ini bertujuan agar proses penyusunan atau penginputan laporan keuangan dalam sistem tidak terjadi kesalahan dan sesuai dengan Standar Akuntansi Pemerintahan. Metode yang digunakan dalam pengabdian ini adalah dengan dilakukan pelatihan dan pendampingan kepada Bendahara Puskesmas Badan Layanan Umum Daerah. Pelatihan ini dapat mempermudah Bendahara Puskesmas dalam melakukan penginputan laporan keuangan ke dalam sistem informasi akuntansi Puskesmas sesuai dengan Standar Akuntansi Pemerintah Nomor 13 tentang Badan Layanan Umum. Dalam pelaksanaannya kegiatan pendampingan kepada Puskesmas ini dilakukan secara daring menggunakan zoom meeting.

Pelatihan Penyusunan Laporan Keuangan Berbasis SAK-ETAP Bagi Pengurus Koperasi di Kabupaten Halmahera Utara

The aim of the SAK-ETAP-based financial report preparation training for administrators in the North Halmahera Regency, North Maluku Province is so that administrators can improve their abilities in terms of recording and managing finances through financial reports. Most of the managers of cooperatives do not understand the proper way of recording financial reports, especially those related to cooperative accounting and its uses so cooperative managers need support from academics to receive training in preparing financial reports for cooperative managers. The method used in this community service is training and assistance in preparing cooperative financial reports through Tutorial and Discussion activities related to the problems of preparing and managing finances in each cooperative. The method of collecting data on community service activities is through observation and interviews with several cooperative administrators. The number of participants who took part in this training was 26 people who were cooperative administrators. The results of this training activity can be said to be successful, seen from the enthusiasm of the cooperative management during the training process and assistance in preparing cooperative financial reports based on SAK-ETAP

Empowering High School Graduates: Soft Skills and Financial Report Training for Entrepreneurship and Workforce Success

This scientific article presents a study aimed at addressing unemployment and fostering entrepreneurship by emphasizing the significance of soft skills in the business world. The research focuses on providing high school graduates with training in financial report preparation, aiming to augment their knowledge and insights in this domain. The implementation involves three stages: material delivery, practical exercises in financial reporting, and an evaluation process. The results demonstrate a remarkable enthusiasm among students participating in the training, as it not only enhances their understanding of financial reporting but also provides valuable insights beyond conventional education. This initiative can potentially empower graduates to navigate the world of work and entrepreneurship successfully.
 Highlight:
 
 
 Soft skills: Crucial for Entrepreneurship, Emphasizing the significance of soft skills in the entrepreneurial world and its impact on business development.
 
 
 Financial Report Training for Graduates, Highlighting the importance of providing high school graduates with knowledge and insights in financial reporting.
 
 
 Empowering the Workforce and Reducing Unemployment, Showcasing the role of education and government in tackling unemployment through enhanced soft skills and entrepreneurship training.
 
 
 Keywords: Soft skills, entrepreneurship, financial reports, high school graduates, training.

Implementasi Peraturan Pemerintah No 71 Tahun 2010 di Kabupaten Kulonprogo

This study aims to determine the application of accrual-based SAP and constraints in the preparation of the Regional Government Financial Report in accordance with the accrual-based SAP based on Government Regulation No. 71 of 2010 in Kulonprogo Regency. The results showed that the Kulonprogo Regency Government had applied PP No. 71 on accrual basis in the preparation of local government financial reports. The obstacle when preparing the financial reporting of the local government lies in the weakness of human resources in some SKPD because the accounting officer is not from the background of Accounting, but the BKAD and the Kulonprogo Regional Government always accompany the preparation of financial reporting simultaneously and sustainably. An indicator of the success of the application of PP No. 71 on an accrual basis is proven by the statement of the Supreme Audit Board that is Fair without Exception from 2014 to the present. The implication of the research in the form of suggestions for the Kulonprogo Regional Government is the need to recruit employees who have expertise in regional accounting to manage the Accounting Section in several SKPD so that the recording and financial reporting of the Kulonprogo Regional Government can be carried out well and maintain performance in order to keep getting an audit opinion that is Fair without Exception for Local Government Financial Reporting.

Implementation of Entity Financial Accounting Standards Without Public Accountability (SAK-ETAP) for Freshwater Lobster Cultivating SMEs in Tanjung Morawa District

Accounting standards for financial entities without public accountability (SAK-ETAP) Facilitate MSMEs in preparing financial reports. This study analyzes MSME actors in recording financial reports based on SAK-ETAP. The method in this study uses a qualitative method and the method of analysis used is descriptive. The sample in this study is the perpetrators of SMEs in freshwater lobster cultivation in the Tanjung Morawa sub-district. The results of the study show that the recording and preparation of financial reports carried out by the MSME managers of Freshwater Lobster Cultivation in Tanjung Morawa District are not in accordance with SAK-ETAP. It is suggested to the DSAK (Financial Accounting Standards Board) that there is a need for supervision that functions to supervise and evaluate the implementation of SAK-ETAP for MSME actors to make it easier for business actors to organize and plan their business according to SAK-ETAP principles and Islamically according to the rules of Al-Qur’an Surah Al-Baqarah verse 282.

Analysis of the Application of PSAK No. 45 Financial Reporting of Non-Profit Organizations in Achieving Transparency and Accountability at Yayasan Pemberdayaan Masyarakat Amungme dan Kamoro (YPMAK) in Mimika Regency

This study aims to analyze the application of PSAK No. 45 financial reporting to non-profit organizations in achieving transparency and accountability at Yayasan Pemberdayaan Masyarakat Amungme dan Kamoro (YPMAK) in Mimika Regency. The type of research used is a descriptive-qualitative approach with data collection methods through observation, interviews, and foundation documents. The research results show that YPMAK has implemented PSAK No. 45 concerning the financial reporting of non-profit organizations in terms of format and structure in the preparation of financial reports. However, it does not fully implement PSAK No. 45, where YPMAK does not record funding activities in the cash flow statement and does not explain restrictions on donor resources. Meanwhile, transparency in the use of funds and accountability in YPMAK's financial reports have been transparent and accountable both in the presentation and submission of financial reports, so that the foundation has carried out financial reporting in a transparent and accountable manner according to the principles of professional financial management.

Penerapan Sak-Emkm Sebagai Dasar Penyusunan Laporan Keuangan Emkm ( Studi Kasus Pada Kopi Semilyar Di Surabaya)

SAK – EMKM (Financial Accounting Standards – Micro, Small and Medium Entities) issued by IAI on January 1 2018 aims to make it easier for EMKM actors to prepare financial reports. This research was conducted with the aim of knowing the application of SAK-EMKM as a basis for preparing EMKM financial reports for Semilyar Coffee in Surabaya. This study uses a qualitative method with a case study approach. The data used in this study were obtained through interviews and direct or indirect observation. The results of this study indicate that EMKM Kopi Semilyar in preparing financial reports has not implemented SAK-EMKM (Standard Financial Accounting for Micro, Small and Medium Entities) and only compiled financial records simply by the owner. In interviews and observations conducted by researchers, it was found that EMKM Kopi Semilyar did not yet have HR (Human Resources) who knew about the preparation of financial reports based on SAK-EMKM.

Persepsi Pelaku UMKM Tentang Penyajian Laporan Keuangan Berbasis SAK-ETAP di Kabupaten Serdang Bedagai Perspektif Akuntansi Syariah

Lack of knowledge regarding the preparation of financial reports and little understanding of how to present financial reports in accordance with accounting standards is one of the obstacles experienced by UMKM actors. However, these obstacles became the basis for conducting this research which intends to find out how UMKM actors perceive the presentation of SAK-ETAPbased financial reports in Serdang Bedagai Regency (In Sharia Accounting). Based on the results of the research that has been done, it can be concluded as follows: The recording and preparation of financial reports by UMKM actors is only limited to simple reports made in accordance with the understanding and needs of each UMKM manager. UMKM actors do not apply SAK-ETAP in compiling financial reports, because UMKM managers do not understand SAK-ETAP. The perpetrator considered that the recording carried out was clear and in accordance with the needs. This is because there is no socialization or training from the government or institutions related to the meaning of SAK ETAP and the importance of preparing financial reports in accordance with SAK ETAP. SAK-ETAP also has compatibility with existing financial records in sharia accounting.

PENYUSUNAN LAPORAN KEUANGAN WAJIB PAJAK UMKM BERBASIS SAK EMKM SEBAGAI DASAR PELAPORAN SPT TAHUNAN

Preparation of financial reports for MSME taxpayers on the basis of SAK EMKM which is the basis for reporting Annual Tax Returns (SPT). This community service activity aims to provide socialization to taxpayers regarding the preparation of SAK-based financial reports and hopes to be able to provide understanding and knowledge regarding this matter. This is the basis for holding this service activity with the hope that the understanding and knowledge that has been received by MSME taxpayers can be applied by reporting their annual SPT correctly, clearly, completely, and on time. Participants in this socialization activity were MSMEs in the city of Samarinda and students at Widya Mahakam Samarinda University. This activity was carried out in three stages, namely identifying, delivering material, as well as discussion and solutions. This dedication becomes useful knowledge so that you can practice how to prepare and report your taxes with SAK UMKM based reports. Keywords: Accounting, SAK EMKM, Tax

PENGARUH PEMAHAMAN AKUNTANSI DAN PELATIHAN PENYUSUNAN LAPORAN KEUANGAN TERHADAP PELAPORAN KEUANGAN UMKM BERBASIS SAK EMKM

The purpose of this study was to determine the effect of understanding accounting and training preparing financial reports on MSME financial reporting based on SAK EMKM. The research method used is a quantitative method. The sample in this study was obtained 33 respondents from 220 SMEs registered in Sragi District, South Lampung Regency. Collecting data in this study using a questionnaire as a research instrument. Data analysis techniques in this study were preceded by instrument tests to prove the validity and reliability of variables, classical assumption tests with normality tests, multicollinearity tests, heteroscedasticity tests, and then hypothesis testing using multiple linear regression tests. The results of the study show that (1) Understanding of accounting has a significant positive effect on the financial reporting of MSMEs based on SAK EMKM (MSMEs registered in Sragi District, South Lampung Regency). (2) Financial report preparation training had no effect on MSME financial reporting based on SAK EMKM (MSMEs registered in Sragi District, South Lampung Regency). The implications of the results of this study for the Sragi District Government of South Lampung Regency can adopt policies related to training in preparing financial reports for MSMEs in Sragi District, South Lampung Regency. For MSMEs, especially in Sragi District, South Lampung Regency, they can increase awareness of understanding accounting and training in preparing financial reports

Implementasi Isak 35 Dalam Pelaporan Keuangan Masjid Al-Hajj

Mosques as public entities need good financial management. As a form of transparency and public accountability to the people. In its implementation, management is only managed simply, only recording income and expenses that occur at a certain time and submitting it as a report to the people. This form of transparency is manifested in the form of financial reports as an effort to be financially accountable to the people. This research is a field research with a qualitative descriptive approach and data was collected through direct observation, interviews with the management of the Al-Hajj Mosque. The results of the study show that the Al-Hajj Mosque keeps records based on income and expenses only without any grouping of accounts. The mosque's financial receipts come from local government subsidies, community donations and charity boxes which are distributed every Friday prayer. As for the mosque's financial expenses to finance operational expenses as well as incentives and fees. the management of the al-Hajj mosque does not know about the ISAK 35 standard, so that the presentation of the mosque's financial reports is not up to standard. The preparation of financial reports is still oriented towards the preparation of cash flow statements, where the financial reports are still only cash receipts and disbursements. Therefore researchers try to provide an overview related to ISAK 35 and implement standardized mosque financial reporting. The assets owned by the al-Hajj mosque cannot be fully described. The nominal value of the land and buildings owned is not included because this mosque is owned by the local government. The board only manages cash and cash equivalents originating from resource providers. As for debt, this mosque has no debt for the construction or operation of the mosque

Prosedur Pencatatan dan Perlakuan Aset Tetap Berwujud Yayasan XYZ Berdasarkan PSAK 16

Fixed assets such as land, vehicles, equipment, and machinery are essential components to support the company's operational activities. Sound recording and accounting treatment of fixed assets are needed to prepare relevant, comparable, and reliable financial reports. The purpose of this study was to find out whether the procedures for recording and treating fixed assets carried out by the Arif, Wahyudi & Lukman Accounting Services Office at the XYZ Foundation were following PSAK No. 16. Compliance is determined by comparing the provisions in PSAK No. 16 with the practice of recording and treating fixed assets in the preparation of financial reports. The type of research used is a qualitative description and uses data collection techniques in the form of interviews and documents. Fixed assets owned by the XYZ Foundation are tangible fixed assets whose depreciation is carried out using the straight-line method. The study results concluded that the procedure for recording and treating fixed assets at the XYZ foundation was under the Statement of Financial Accounting Standards No. 16. However, there are some constraints.

Penguatan Koperasi Kartini Mandiri Lestari Desa Pasarean Kecamatan Pamijahan Kabupaten Bogor

Cooperatives as joint business units owned by their members certainly require good and transparent management, cooperative managers should play an active role in carrying out their role of fostering their members so that they can progress and grow together in building a business. Throughout the establishment of the kartini mandiri lestari cooperative, there are still a number of challenges faced including technical operational problems in the Cooperative which are still carried out manually, another challenge comes from the lack of knowledge of cooperative members' business management so that the business that is built tends to not last long. In this community service activity efforts are made to solve problems that exist in the kartini mandiri lestari cooperative with activities in the form of socialization, training, assistance and implementation of cooperative applications as well as monitoring and evaluation of each activity. The results of the evaluation of the socialization activities for the preparation of financial reports and production costs stated that there had been an increase in participants' understanding by 74.07%, while the assessment of user interpretations of cooperative applications reaches 80% in the category of feasible implementation.