Preparation Of Financial Reports Research Articles

Implementation of Digital Marketing Strategy and Preparation of Financial Reports for Oti Snack & Catering UMKM in Cimahi City

The Small and Medium Enterprises (MSME) sector has survived the Covid-19 outbreak that has ravaged Indonesia in the last two years, including Cimahi, West Java. MSME actors were impacted by the loss of consumers; many decided to discontinue operations, financial reports were hampered, and people's purchasing power was drastically reduced. The impact causes the business to be devoid of buyers as a result of the social distancing policy, which forces everyone to confine themselves to their homes. This has undoubtedly impacted the Cimahi City MSME sector. Oti Snack & Catering, for example, is a food-related SME. Students in this UNJANI KKN program help MSME sector business actors survive this pandemic and for a long time by assisting in improving product quality, good product packaging, utilizing digital marketing through social media as a sales strategy, and utilizing digital accounting to make it easier for business actors to record and report financially.

Perspektif Model Bagi Hasil Laba Usaha Berbasis Syariah Pada Bumdes Sebagai Solusi Mitra Berkeadilan

The purpose of this study was to determine the application of the sharia-based profit-sharing model to village enterprise (Bumdes) in Banna Village, Paya Punteut Village, Muara Dua District, Lhokseumawe. Along with the establishment of Bumdes in every village in Indonesia, various operational problems have arisen that threaten business continuity. On the one hand, the existence of Bumdes is very beneficial for improving the welfare of rural communities, but on the other hand it creates various new problems. One of them is the problem of financial records and business profit sharing system. Forcing a profit-sharing model like an established company certainly cannot be done as quickly as possible because the communities and characteristics of village communities are different. Therefore, we need an approach, an appropriate model, that is familiar, but does not hinder the application of financial accounting principles/standards.The research method is descriptive qualitative. This study prioritizes a participatory approach by collecting relevant information from competent sources to be discussed together through Focus Group Discussions (FGD), observation, and preparation of financial reports with a Mudharabah contract (provit sharing). The results of the study show that the application of a sharia-based profit-sharing model requires mutual consent and agreement. In principle there should be no element of coercion and all rights and obligations must be explained in a transparent manner. There is no hidden intention to benefit either party. The principles of accountability and transparency applied by Bumdes Banna Lhokseumawe must be enforced to meet the qualifications for better accounting recording and reporting. Profit sharing is good if you use profit sharing methods, but the terms must be mutually agreed upon in writing and documented.

Are MSMEs Able to Prepare Financial Statements Following SAK EMKM?

Micro, small, and Medium Enterprises (MSMEs) are the most popular businesses by the Indonesian people and have large role, absorption of labor for the national economy. MSMEs grow and develop in areas rich with high natural and human resources rate but only 19.6% of MSMEs have implemented SAK EMKM in their financial record. The purpose of this study in Kalurahan Tridadi is to find understanding accounting, utilization of information technology, and socialization influence financial statements in MSMEs. This research uses quantitative methods with an associative approach. The study found that financial statements of MSME actors are prepared well, with socialization provided to help them understand and implement financial report preparation activities.

Perbandingan Pemahaman Penyusunan Laporan Keuangan Usaha Kecil Menengah Berdasarkan SAK EMKM

The purpose of this study was to determine the understanding of the preparation of financial reports at Gajah Farhan Bakery and UD. Blessing. This study uses a qualitative method with a descriptive approach. The subjects in this study were the business actors of the Gajah Farhan Bakery and UD. Blessings as well as being the object of this research are the financial records of the two business actors. Based on the results of the study, it was shown that the understanding of the preparation of financial reports at Gajah Farhan Bakery's Earloaf Factory was not good, but at UD. The blessing of the understanding of business actors can be said to be good. The two business actors have made financial records but are not in accordance with SAK EMKM. Equation of financial records for the two business actors has also made financial records in the form of cash-in and cash-out bookkeeping as well as debt receipts, receivables and inventories. And the difference between the financial records of the two business actors lies in UD. It is a blessing that makes financial records of the balance sheet and profit and loss, but for the Elephant Earloaf Factory it does not make financial records of the balance sheet and profit and loss.

Pendampingan Penyusunan Jurnal Khusus Penerimaan Kas dan Pengeluaran Kas berdasarkan SAK EMKM & Koperasi Pada Warung JOH Jl. Raden Fatah Kota Bengkulu

The Micro, Small and Medium Enterprises that we visited were the Warung Joh grocery business, which is located on Jl. Raden Fatah RT20/RW04 Air Sebakul, Bengkulu City. This business started as a home-based business, so it has not been systematically recorded so it has difficulty in financial management because it does not have standardized financial reports. This Warung Joh UMKM community service activity includes aspects of training in preparing simple financial reports that focus on cash in and cash out. The problems faced include aspects of the preparation of financial reports. The implementation of this activity is based on SAK EMKM and KOPERASI regarding how to compile simple financial reports for the Warung Joh micro MSME business. The type of training used is a type of qualitative research. Based on the characteristics of the problems raised by the companion, this community service is classified as a descriptive qualitative training. The data used in this study are primary data obtained directly from the UMKM, such as data from interviews with the UMKM as well as data in the form of information from daily cash-in and cash-out records. As for the secondary data obtained from books, journals, the internet that supports this research. From the results of data analysis, the results of the study show that the financial reports of UMKM Warung Joh only present the recording of daily transactions, namely cash receipts and disbursements. The results of the community service program are that business owners are provided with assistance in preparing simple financial reports such as making a special journal of cash receipts and disbursements as well as a cash ledger. It is hoped that this training can help MSMEs business owners in much better financial management

Analisis Persiapan Persiapan Implementasi PSAK 74 pada Perusahaan Asuransi Indonesia (Studi Kasus pada Perusahaan Asuransi X)

Abstract
 The importance of the insurance industry for the economy, the establishment of accounting standards in the financial statements of insurance companies is needed to support the improvement of corporate governance. Until now, the preparation of financial reports for insurance companies in Indonesia still follows the standards of Statement of Financial Accounting Standards (PSAK) 62 concerning Insurance Contracts which is a temporary standard, so a new, better standard is needed, namely PSAK 74 which is an adoption of IFRS 17 and will become effective internationally on January 1, 202s3, while in Indonesia it will become effective on January 1, 2025. This study aims to determine the readiness of insurance companies in implementing PSAK 74, its impact on the presentation of financial statements, and to find out the issue of gaps that occur in the implementation PSAK 74. This research is a qualitative case study with primary and secondary data taken through semi-structured interview techniques, observation and documentation. From the research results, it was found that Insurance Company X had started to make preparations for the implementation of PSAK 74, but there were still gaps related to several issues that must be considered in its implementation. Meanwhile, the presentation of the financial statements themselves did not experience significant changes except for adjustments to several accounts related to the implementation of PSAK 74.

Analysis Of The Application Of Financial Accounting Standards For Small And Medium Micro Entities (SAK EMKM) In Various MSMEs

This study aims to determine application of the preparation of financial statements based on Accounting Standards Micro, Small and Medium Entity Finance (SAK EMKM) for Aneka Karya. The type of research used in this research is descriptive qualitative. The results of this study indicate that recording and preparation of financial reports is still simple and not in accordance with SAK EMKM. The application of SAK EMKM to Aneka Karya can have a positive impact, namely it can help business owners understand SAK EMKM and make financial records in accordance with SAK EMKM.

Pendampingan Penyusunan Laporan Keuangan dan Penentuan Biaya Serta Promosi UPPKS Asri Sudagaran Chrisma

This activity service aims to increase knowledge and practice of preparing financial reports, determining costs, and promoting UPPKS Asri Sudagaran partners. UPPKS Asri Sudagaran is a micro business that sells frozen food products located at Sudagaran TR III/1038 Tegalrejo, Yogyakarta City. The service method includes mentoring and mentoring, which is divided into several stages: the planning stage, the implementation stage, process evaluation, and the preparation of financial report preparation modules. After the mentoring process, partners are expected to be able to independently prepare financial reports by existing standards so that they can determine costs based on production costs. In addition, the activities in this service are also expected to provide an in-depth understanding of online promotional media so that it can expand the market share of the frozen food products it produces.

Business Improvement of Virgin Coconut Oil (VCO) in Jember Lor Village, Patrang District, Jember Regency

This time the Community Partnership Program (PKM) partners are Home Industries (IRT), namely Virgin Coconut Oil (VCO) Entrepreneurs. VCO is oil produced from pure coconut through a fermentation process, without using preservatives. The benefits of this oil in addition to maintaining health and stamina, can also cure all kinds of diseases. Besides being drinkable, this VCO can be used as an external medicine, namely as a topical medicine for wounds on the body. The problems faced by PKM partners this time are as follows: 1) The equipment for the VCO production process is still limited. The grated coconut used to grate coconut meat is still traditional, namely manual coconut grater. 2) There is no proper recording of financial statements in order to know the profit/loss of VCO oil production business. Thus, Mr. Agung's VCO oil production business requires: 1) Procurement of an electric coconut grater 2) Mentoring for the preparation of financial reports.

BIMBINGAN TEKNIK LAPORAN KEUANGAN BADAN USAHA MILIK DESA KARYA MANDIRI DESA CIBODAS LEMBANG

The establishment of BUMDes is determined through a regional regulation approved by the BPD referring to the laws and regulations. This movement is in line with the national movement to create 5,000 independent villages through village funds to develop BUMDes capital. As a village financial institution that meets the needs of micro-scale businesses in the village, BUMDes is obliged to make transparent and accountable financial reports per month and provide reports on its business development to the village community at least twice a year through village meetings. PKM activities are carried out with the aim of assisting the manager of BUMDes Karya Mandiri in Cibodas Village in preparing financial reports. This is expected to affect the performance of the BUMDes financial report when there is an audit of the BUMDes financial report by the BUMDes Supervisor. The solution provided in PKM activities, namely by conducting BIMTEK activities for BUMDes managers related to the preparation of financial reports. The first stage provides knowledge regarding the need for financial statements and the concepts of financial statements based on SAK ETAP. The second stage is to carry out technical guidance activities related to the preparation of financial reports based on transactions that occur in BUMDes. The third stage is monitoring to monitor the achievement of the PKM program targets. The target to be achieved is to increase the skills and knowledge of the BUMDes Karya Mandiri management regarding the preparation of financial reports so that they can produce good and correct financial reports in accordance with SAK ETAP.

Simplified Accounting Procedures for Small-Scale Banks: Insights from Bank Sampah Cangkringan Berseri

This research aimed to investigate the accounting process used at Bank Sampah Cangkringan Berseri, Kec. Sukodono, Kab. Sidoarjo, Indonesia, from transaction analysis to financial report preparation. The data collection process involved triangulation techniques, including interviews, observation, and documentation. The data were analyzed for validity, reduced, classified, and presented. The findings indicated that Bank Sampah Cangkringan Berseri did not take a profit-sharing approach but instead took the difference between the selling price to collectors. The accounting records were kept in simple formats to facilitate easy understanding by other administrators. The research revealed that the bank only used a few accounting stages, including transaction analysis, original evidence collection, journal entry recording, ledger recording, and financial reporting. This simplified process was due to the bank's small scale, which did not require a balance sheet, adjusting journal entries, and a trial balance. The implication of the research is that small-scale banks can adopt simplified accounting procedures to reduce operational complexity and costs.
 Highlights:
 
 
 Bank Sampah Cangkringan Berseri did not take a profit-sharing approach but instead took the difference between the selling price to collectors.
 
 
 The research revealed that the bank only used a few accounting stages, including transaction analysis, original evidence collection, journal entry recording, ledger recording, and financial reporting. This simplified process was due to the bank's small scale, which did not require a balance sheet, adjusting journal entries, and a trial balance.
 
 
 The implication of the research is that small-scale banks can adopt simplified accounting procedures to reduce operational complexity and costs.
 

Data Mining in Auditing: Challenges and Opportunities

Audit of financial statements is an activity that can usually be carried out to evaluate the fairness of a company's financial statements carried out by an independent party. Assessment of the fairness of financial statements is very important because of the conflict of interest between the preparers of financial reports and stakeholders. The audit usually uses sampling to obtain data related to the fairness assessment. The auditor uses sampling because of time and cost constraints. Sampling also has a risk that can lead to errors in assessing the fairness of financial statements. Therefore we need a method that can improve accuracy in data collection and processing, for example data mining. Data mining is a method that can be used to collect and process data more quickly and accurately. The use of data mining techniques that may develop in the future can have an impact on the audit process. Data mining in audits will be both an opportunity and a challenge for auditors in the future.

Peningkatkan Keberlangsungan Usaha UMKM KIKA Melalui Pelaporan Keuangan dan Pengelolaan Produk Sisa

UMKM KIKA as an Small Medium Enteprise which was formed at the initiative of one of the residents who saw potential in the community around Bulu Lor village, Semarang City. The business has been engaged in is in the form of food processing, such as traditional cakes, pastries and cakes. Through the pre-survey activities carried out, several problems were found that were of concern and needed to be provided with solutions. Solutions related to product innovation will be provided through training on making derivative products from the remaining products produced by UMKM KIKA. Thus, it will minimize the waste costs that arise from the product. Apart from that, training is also carried out related to the preparation of financial reports. The method of implementing activities is carried out in three stages, including surveys, implementation, and evaluation. Based on the evaluation results it is known that 80% of UMKM KIKA members are interested in preparing financial reports, and 100% are interested in managing leftover raw materials into new products.

Analysis of Determinants of Implementation of Sak Emkm in Preparation of Financial Reports on Msmes in Salatiga City

Analysis of Determinants of Implementation of Sak Emkm in Preparation of Financial Reports on Msmes in Salatiga City

Analisis Implementasi PSAK No. 45 Tentang Pelaporan Keuangan Organisasi Nirlaba (Studi Kasus di Rumah Sakit Umum Aminah Blitar)

Hospitals are an important part of social and health organizations that have the task of providing comprehensive health services, including preventive and curative services. An important source of information that can be used by various parties in an entity, especially hospitals, is financial reports. Hospital financial reports can be used both for management decisions and for outsiders. So that financial reports must be prepared properly so that they can be used as best as possible for the interests of stakeholders. The accounting standard that applies to hospitals that regulates the process of preparing financial reports is PSAK No. 45. The purpose of this study is to evaluate and analyze the level of compliance of hospitals in preparing and presenting financial reports and identify the reasons that influence the preparation of financial reports in hospitals. This research was taken at Aminah Blitar General Hospital. The results of the study show that at the Aminah Blitar General Hospital, it is still found that the preparation of financial reports is not in accordance with the provisions of PSAK No. 45.

Financial report preparation training to increase human resource capacity at BUMDes Tamantirto Kasihan Bantul

This community service program is motivated by empirical facts that the management and preparation of financial reports are not in accordance with standard accounting financial reporting standards at BUMDes Taman Karya Menunggal Tamantirto, Kasihan, Bantul. There is a need to increase the capacity of human resources (HR) in BUMDes, especially in financial management capabilities. The purpose of this activity is to increase HR capacity in terms of financial reporting and company services owned by Tamantirto Village. The methods used were (1) focus group discussions with BUMDes Taman Karya Manunggal, (2) Training on making BUMDes financial reports, and (3) providing tools for preparing financial reports. The result of this activity was an increase in participants' understanding of 80% regarding the importance of BUMDes financial management and financial reports. In addition, there is also an 85% increase in knowledge of making a financial management system.

Pelatihan dan pendampingan manajemen keuangan dan laporan keuangan bumdes sempurna bangkalan

This community service aims to (1) provide an understanding of the importance of financial management and preparation of financial reports, (2) provide training and assistance in managing and preparing financial reports. This service was carried out at BUMDES Sempurna in Kamal village, Bangkalan Regency. Conducted for approximately 3 months, starting from October to December 2022. The methods used include: surveys, discussions and socialization on understanding financial management and financial reports, designing financial management and reports, making applications and conducting training on preparing financial reports based on MS Excel applications. The results of the training and mentoring showed that (1) before the mentoring, Bumdes Sempurna still did not know much about financial management and preparation, (2) After the mentoring, the BUMDES Sempurna management could understand the importance of financial management, there was already a separation of business unit managers, and already had a list of assets, (3) BUMDES was able to make and have financial reports based on MS Excel applications, including recording money in and out, profit and loss per business unit, profit and loss and consolidated balance sheet.

Assistance in the Sales Strategy of "Rainbow Pancakes" Product Innovation in Sumenep Regency

Population growth is not proportional to economic growth. Difficult job opportunities are a hope for some people for creativity, innovation or ideas to seek opportunities and even create new jobs. In this activity the service team provides assistance related to product innovation and sales strategies that can affect the development of a business home very rapidly. The methods used include planning, testing, product revision, and field testing. So that the existence of this assistance is very beneficial for the owners and employees of these business actors in terms of knowledge of marketing strategies and being able to provide a responsibility related to a good market. In addition, the dedication team provides direction for the continuation of this activity in the process of assisting in the preparation of financial reports so that the business becomes a more competitive business and becomes a good pilot business actor in the Sumenep Regency area.

Pengembangan Wirausaha Masyarakat Peternak Domba di Wonosobo melalui Pelatihan Penyusunan Laporan Keuangan dan Pemasaran Digital

Purpose: This community service activity aims to improve and foster an entrepreneurial spirit in the surrounding community by providing an understanding of entrepreneurship, marketing and the preparation of financial reports. Methodology: The method for implementing community service activities is carried out in several stages. The first stage is the preparatory stage through observation and material preparation. The second stage is the implementation of activities in the form of technical guidance which is carried out by presenting material, practice of preparing financial reports and discussions. The third stage is an evaluation that aims to accommodate the problems faced by participants in compiling financial reports independently. Results: The results of community service for dombos breeders (Wonosobo sheep) participants understood how to prepare small and medium enterprises financial reports and began to have entrepreneurial and marketing knowledge. This is a good start to develop dombos farming in Wonosobo. The training went well and received a good response from the participants. Conclusion: This community service activity had a positive impact because participants ultimately had the skills and knowledge of digital marketing management and the preparation of financial reports. Through this community service activity, it is hoped that breeders can apply the knowledge they have acquired to develop the dombos business.

PENDAMPINGAN PENCATATAN DAN PENYUSUNAN APLIKASI LAPORAN KEUANGAN MASJID AL MANAR MERAUKE BERDASARKAN ISAK 35

This Community Service Activity aims to provide training for the management of the Al Manar mosque in Kampung Kuper, Semangga District, Merauke Regency related to Providing knowledge on how to prepare mosque financial reports using an Excel-based application for financial reporting, and assistance to mosque administrators in compiling mosque financial reports based on ISAK 35 as the responsibility of the task in accordance with the mandate carried out. This activity was carried out in the form of training and assistance in making mosque financial reports with the application of systematic financial reports using the Microsoft Excel program. The methods for implementing this service program are: Field Observations, Implementation of Training Programs, and Evaluation. The results of the community service activities that have been carried out can be drawn several conclusions, namely (1) With the existence of training and assistance in the preparation of financial reports in accordance with financial accounting standards based on the excel program, it is able to improve mosque administrators in compiling financial reports; (2) Having an accounting program with excel can help make it easier to prepare financial reports; (3) With assistance in compiling financial reports, skills and accuracy in preparing financial reports can be increased.