SAK ETAP Research Articles

Analisis Penerapan Penyajian Laporan Keuangan Berdasarkan SAK ETAP Guna Meningkatkan Nilai Relevansi

It is very important for companies to present financial reports in order to increase the relevance value of a company. Researchers conducted research on CV. Agung Jaya. This research aims to find out how to analyze the presentation of company financial reports in accordance with SAK ETAP in order to increase relevance value. This research uses quantitative descriptive. The data sources used were obtained through documentation and interviews. The analysis techniques used are making reports on the cost of production, making profit and loss, making reports on changes in equity, financial position reports, cash flow reports and notes to financial reports. The results of this research are CV. Agung Jaya has not fully prepared financial reports in accordance with SAK ETAP. The recording carried out is not completely efficient and effective. This discrepancy is why researchers present financial reports in accordance with SAK ETAP consisting of profit and loss reports, capital changes reports, financial position reports, cash flow reports, and notes to financial reports. Having financial reports that comply with SAK ETAP can increase the relevance value, making it easier for users of financial reports to provide company information which will result in no wrong decision making.

Application of SAK ETAP in the Financial Statements of Savings and Loans Cooperative

The general background the financial statements of cooperatives are essential for transparent and accountable operations, particularly in non-public entities like Savings and Loans Cooperatives. Specific background the Savings and Loans Cooperative (KSP) "BAHAGIA" has been operating since 1980, but the application of SAK ETAP (Financial Accounting Standards for Entities Without Public Accountability) in its financial reporting remains incomplete, particularly in its notes to financial statements and cash flow presentation. Knowledge gap while SAK ETAP provides a standardized framework, many cooperatives, including KSP "BAHAGIA," struggle to fully implement it due to a lack of understanding and technical capacity. This study aims to analyze the extent to which SAK ETAP is applied in KSP "BAHAGIA"'s financial reports, identify gaps in compliance, and offer recommendations for improvement. Results the findings reveal that while KSP "BAHAGIA" adheres to some SAK ETAP requirements, such as balance sheets and income statements, significant discrepancies exist in the notes to financial statements and the exclusion of investment property in cash flow reports. Novelty this research highlights a critical gap in financial reporting for non-public cooperatives, emphasizing the need for targeted education and training for cooperative management in SAK ETAP compliance. Implications the study's recommendations can help KSP "BAHAGIA" and similar cooperatives improve financial transparency, ultimately enhancing member trust and cooperative governance. Highlights: Incomplete SAK ETAP implementation affects financial transparency in cooperatives. Key discrepancies found in notes to financial statements and cash flow reporting. Improved SAK ETAP education for cooperative management is crucial for compliance. Keywords: Financial Reporting, Cooperatives, SAK ETAP, Non-Public Entities, Compliance

The Proposed Implementation of SAK ETAP in the Financial Statements of Bumdes Panggung Lestari in Panggung Harjo Village

This research was conducted with the aim of providing proposals for the application of SAK ETAP to the financial statements of BUMDes Panggung Lestari and analyzing the financial statements of BUMDes Panggung Lestari that have been prepared. This research uses a qualitative approach with the type of research being descriptive. This research uses primary data and secondary data to prove the results of the research. The primary data used is the result of interviews with BUMDes Panggung Lestari implementers, while the secondary data is in the form of financial statements for BUMDes Panggung Lestari. Based on the results of the research that has been carried out, it can be concluded that: 1. The presentation of the financial statements of BUMDes Panggung Lestari still contains errors in recording accounts such as purchases of supplies and equipment which are directly charged in the financial statements of BUMDes Panggung Lestari, the presentation of the financial statements of BUMDes Panggung Lestari has not presented the report components completely. 2. BUMDes Panggung Lestari is expected to be able to implement SAK ETAP in the presentation of its financial statements in order to improve the quality of financial statements and be responsible for every transaction and item and component of financial statements based on considerations in accordance with the rules established by SAK ETAP.

Penguatan Akuntabilitas Pengurus Koperasi Melalui Sosialisasi PERMENKOP Nomor 2 Tahun 2024 Di Koperasi Kabupaten Subang

This Community Service Program aims to improve accounting literacy among cooperative administrators in Subang Regency, especially in understanding the differences between the Financial Accounting Standards for Entities Without Public Accountability (SAK ETAP) and the Financial Accounting Standards for Private Entities (SAK EP) as regulated in the Regulation of the Minister of Cooperatives and SMEs Number 2 of 2024. This Regulation requires the implementation of new accounting policies in cooperatives no later than early 2025 to avoid administrative sanctions. The methods used in this program include the preparation, implementation, and evaluation stages. Preparation includes selecting participating cooperatives, namely Dekopinda Subang member cooperatives, and creating training modules. The implementation stage involves socializing accounting policies to participants through a combination of theory and practice, followed by pre-tests and post-tests to assess improvements in accounting literacy. The results of this program show an increase in participants' understanding of the new accounting policies, which are expected to improve the accountability and financial performance of cooperatives in Subang Regency.

Analisis Penerapan Standar Akuntansi Keuangan Entitas Tanpa Akuntanbilitas Publik (Sak Etap) pada Laporan Keuangan di Koperasi Karyawan Universitas Hang Tuah Surabaya Periode 2020-2023

Financial reports are an important tool for measuring the performance and financial health of cooperatives. Good financial reports are influenced by the level of knowledge and understanding of human resources in presenting financial reports. This research aims to find out how the financial reports in Kopkar UHT are and their application to SAK ETAP. The research was carried out using direct observation of research objects, interviews with specified informants, as well as documentation in the form of photos of activities and financial report documents. The findings show that Kopkar UHT's financial reports: presents the components of a balance sheet financial report, a report on the calculation of business results, a report on changes in capital, a recapitulation of income and expenses of USP and USW, a recapitulation of cash loans and bills, a recapitulation of turnover from sales of shop units, photocopy services and canteen services . Meanwhile, according to SAK ETAP, the presentation of financial statements consists of a Balance sheet, performance calculation report, capital changes report, cash flow report, CALK. This means that Kopkar UHT only displays three financial report components. that comply with SAK ETAP

ANALISIS FAKTOR-FAKTOR YANG MEMPENGARUHI PERSEPSI PENGUSAHA UMKM TERHADAP LAPORAN KEUANGAN BERBASIS SAK ETAP DI KABUPATEN INDRAGIRI HILIR

The post-COVID-19 pandemic has impacted various sectors, one of which is Micro, Small, and Medium Enterprises (MSMEs), also causing a decline in the national economy. This research aims to empirically determine and test the influence of Business Turnover, Business Duration, Information Technology Utilization, and Accounting Comprehension on the Perception of MSME Entrepreneurs in Indragiri Hilir Regency. The sample of this study consists of 37 MSMEs in the small and medium industry sector in Tembilahan City District, Indragiri Hilir Regency, Riau. The type of research used in this study is descriptive qualitative research. The analytical technique used is multiple linear regression. The results of the hypothesis test partially show that Business Turnover does not affect the Perception of MSME Entrepreneurs, while Business Duration, Information Technology Utilization, and Accounting Comprehension do affect the Perception of MSME Entrepreneurs about financial reports based on SAK ETAP in Indragiri Hilir Regency

Analisis Penyusunan Dan Penyajian Laporan Keuangan Berdasarkan Sak-Etap (Studi Kasus Di Perumdam Tirta Pandalungan Jember)

The research results show that Perumdam Tirta Pandalungan Jember has implemented SAK ETAP in the preparation and presentation of their financial reports. The transaction recording process starts from recording in the general journal based on valid transaction evidence. Each transaction is then posted to the general ledger. The final results of the ledger are summarized in a work sheet, which is then used as the basis for preparing financial reports. Consistent application of SAK ETAP helps ensure that a company's financial reports are prepared in a structured and orderly manner, which in turn supports better and sustainable management decision making. The financial report of Perumdam Tirta Pandalungan Jember for the 2022 financial year has met the provisions stipulated by SAK ETAP. The report includes five main components: balance sheet, income statement, change in equity report, cash flow statement, and Notes to Financial Statements (CALK). The preparation and presentation of these financial reports is carried out in accordance with applicable accounting standards, ensuring that the information presented is relevant, transparent and reliable. This is important not only for the company's internal interests but also for external stakeholders who need accurate information for evaluating company performance and investment decisions. Compliance with SAK ETAP also shows the company's commitment to maintaining transparency and accountability in its financial reporting.

The urgency of implementation SAK EP in replacing SAK ETAP in savings and loan cooperatives

Savings and Loans Cooperatives (KSP) play an important role in the community’s economy, especially in providing financial access to their members. However, in man- aging their finances, many KSPs still use the Entity Without Public Accountability Financial Accounting System (SAK ETAP). This Community Service aims to ana- lyze the urgency of implementing Financial Accounting Standards for Fund Manage- ment Entities (SAK EP) as a replacement for SAK ETAP in the KSP context. The community service method is carried out through socialization, training and direct assistance to KSP administrators and members in implementing SAK EP. Com- munity Service Results show that the implementation of SAK EP in KSP provides significant benefits, including increased transparency, accountability and reliability of financial information. The use of SAK EP also helps KSP in meeting regulatory requirements and increasing the trust of members and external parties such as banks and the government. Apart from that, this community service also strengthens un- derstanding and accounting skills for KSP administrators and members, which in turn can improve the quality of financial management and overall KSP business growth. This community service emphasizes the urgency of implementing SAK EP in replacing SAK ETAP in KSP as an important step towards better financial gov- ernance, which has a positive impact on the economic growth of society as a whole.

Improving Accounting Competencies Based on SAK ETAP for Inkopad Cooperative Employees through Training

Improving Accounting Competencies Based on SAK ETAP for Inkopad Cooperative Employees through Training

SOSIALISASI STANDAR AKUNTANSI KEUANGAN ENTITAS PRIVAT PADA GURU SMK DI JAWA BARAT

The development of Financial Accounting Standards has changed in line with business development. On June 30, 2021 DSAK endorsed the SAK for Private Entities (SAK EP), which will be effective January 1, 2025 replacing the SAK for Entities Without Public Accountability (SAK ETAP). Accounting education has a role in the successful implementation of SAK in Indonesia. IAI West Java helped socialize the new SAK to SMK teachers throughout West Java. The aim of this activity is the accounting teachers are expected to get an overview of the SAK EP and obtain references of this topic. The socialization method includes lectures as a material delivery technique, questions and discussions as a form of increasing and developing the potential of professional teachers. Based on the results of the socialization participants' responses, it was found that the implementation and usefulness indicators showed a very good category, this shows that the socialization activities were carried out very well and this activity contributed benefits to participants in enriching accounting knowledge, especially related to the latest SAK. The aim of the activity has been achieved very well, namely increasing the teachers' knowledge about the latest information relating to the latest financial accounting standards (Private Entity SAK).

ANALYSIS OF THE APPLICATION OF ENTITY FINANCIAL ACCOUNTING STANDARDS WITHOUT PUBLIC ACCOUNTABILITY ABOUT EMPLOYEE BENEFITS WITH THE IMPORTANCE PERFORMANCE ANALYSIS METHOD

This research aims to determine the application of SAK ETAP regarding employee benefits and the method for calculating SAK ETAP employee benefits in private companies in Jabodetabek as well as the impact of implementing the Job Creation Law on SAK ETAP calculating employee benefits using the Importance Performance Analysis method. The research methodology used in this research is descriptive quantitative. The population in this research are private companies in Jabodetabek. The sampling technique in this research used simple random sampling with a sample of 100 respondents. Analysis of this research data uses validity tests, reliability tests, and Importance Performance Analysis (IPA). The results of this research indicate that the implementation of SAK ETAP regarding employee benefits in private companies involves the process of recording, measuring and reporting employee benefits given to employees, the method for calculating SAK ETAP employee benefits in private companies is divided into 4 calculations, namely Short-Term Employee Benefits, Post-Employment Benefits, Other Long-Term Employee Benefits, and Severance Pay, as well as the impact of the implementation of the Job Creation Law on SAK ETAP for calculating Employee Benefits using the Importance Performance Analysis method. It can be concluded that company policies regarding employee benefits may change after the implementation of the Job Creation Law.

Application of Preparing Financial Reports for Micro, Small and Medium Enterprises Based on Entity Accounting Standards Without Public Accountability (SAK ETAP)

Financial Accounting Standards for Entities Without Public Accountability are standards for preparing financial reports for MSMEs with the aim of making it easier for creditors and investors to view financial reports so that MSMEs can get loans to increase capital and make their business more advanced. The implementation of the preparation of financial statements by UD. X is not in accordance with the financial statements based on SAK ETAP. The purpose of this study is to find out (1) What are the obstacles faced by UD. X in compiling financial reports based on SAK ETAP (2) What are the impacts of not compiling financial reports based on SAK ETAP (3) Implementation of financial statement preparation at UD. X. This research uses qualitative method with case study method. The techniques used for data collection are interviews, observation, and documentation. The results of this study are (1) Lack of human resources so that they cannot prepare financial reports properly and correctly (2) Owners do not understand the importance of financial statements properly so they cannot make the right decisions (3) Recording of financial statements is recorded simply, not yet based on SAK ETAP.

Design of an Accounting Information System in Preparing Financial Reports for Micro, Small and Medium Enterprises

The problem in this research is how the sales information system works in preparing financial reports in accordance with SAK ETAP in one of the micro, small and medium enterprises in the 16 markets of Palembang city, namely Bella Store. The aim is to create an accounting information system for preparing appropriate financial reports in accordance with SAK ETAP at the Bella Store at Pasar 16 Palembang. The data analysis in this research is a qualitative analysis by collecting and compiling financial reports starting from evidence of daily recording and evidence of goods purchase data to produce financial reports. The results of the analysis show that Bella Store does not yet have an accounting system. Bella Store makes financial reports which are used as company managers and financial accountability to parties outside the company . Keywords: Accounting, Finance, Reports, Sales, Systems

Pendampingan penyusunan laporan keuangan berdasarkan SAK EMKM pada UMKM di Desa Sukosari

Recently, MSMEs have still experienced problems in accessing capital. This is mainly due to the lack of adequately recorded, structured, standardized financial reports. MSMEs still use simple records that do not refer to SAK ETAP. With the principle of convenience and expecting that MSMEs will be able to gain more comprehensive access to capital, SAK EMKM exists as a simpler financial reporting standard compared to the complicated SAK ETAP. Unfortunately, since it was established in 2018, MSMEs still rarely use financial reports based on SAK EMKM. Therefore, to socialize the use of SAK EMKM to MSMEs, it is necessary to provide inclusive assistance. With focussing in Sukosari Village, Magelang Regency, where the majority of the village population are running MSMEs, community service activities were carried out in the form of assistance to provide socialization and assistance regarding bookkeeping and prepare financial reports based on SAK EMKM. The evaluation results showed an increase in understanding of MSME actors in Sukosari Village regarding SAK EMKM by 65.45 percent, from recording manual financial reports to recording using simple SAK EMKM standards. The obstacles faced in implementing activities are a lack of understanding from business actors or managers regarding the correct flow of financial recording and the importance of financial reports.

BUMDesa Financial Accountability: What is The Role of BUMDesa Accounting and Implementation of SAK ETAP?

The existence of BUMDesa can save the country from the economic crisis, as seen from the absorption of the number of workers in several provinces in Indonesia and the number of turnover that has successfully contributed to the village's original income. However, the operational sustainability of BUMDesa is caused by the lack of quality of BUMDesa's financial statements. There are still some BUMDesa that do not make financial statements because of the manager's lack of understanding of accounting literacy. So it often happens that some BUMDesa experience not developing in their business activities and BUMDesa development funds are not optimally functioning. This study aims to determine the existence of BUMDesa financial accountability in terms of the role of accounting and implementation of SAK-ETAP. How is the understanding of BUMDesa managers regarding accountability embodied in financial statements currently the role of accounting is likened to an antecedent to the growth of BUMDesa. Measurements are carried out based on the size of BUMDesa, the manager's educational background, and the provision of information and socialization of SAK-ETAP. In this study, theoretical studies will also be studied on how the preparation of BUMDes financial statements is applied to SAK-ETAP. This research uses a type of qualitative research using a descriptive approach based on phenomenology. This study's results show that accounting's role is very important in the success of BUMDesa in conveying its financial accountability. Socialization related to accounting literacy as well as financial literacy and assistance are also needed by most BUMDesa.

Implementation Of Financial Accounting Standards For Entities Without Public Accountability (SAK ETAP) In The Presentation Of Financial Statements Of PT. Siba Concrete Indonesia In Mojokerto

Financial reports contain information concerning the financial position and aims to assist entities in decision making. This research aims to determine whether the financial statements of PT. Siba Beton Indonesia is in accordance with The Indonesian Accounting Standards for Non-Publicly-Accountable Entities (SAK ETAP). This type of research is qualitative. Data obtained by conducting interviews, observation, and documentation. The data analysis technique used by the author is descriptive-comparative analysis by: 1) Presenting the financial statements of PT. Siba Beton Indonesia 2021, 2) Observing, comparing and analyzing the financial reports of PT. Siba Beton Indonesia with SAK ETAP, 3) Draw conclusions about the application of SAK ETAP in the presentation of PT. Siba Concrete Indonesia. The results of data analysis and discussion show that PT. Siba Beton Indonesia has not implemented SAK ETAP and the obstacles in implementing SAK ETAP are significant. This can be proven, namely: 1) The entity has not presented financial statements in a complete and in accordance with SAK ETAP namely balance sheet, income statement, statement of changes in equity, cash flow statement, and notes to financial statements, 2) There are significant obstacles, 3) Efforts to overcome obstacles by providing regular training for employees.

The Significance Of Accounting Records Based On SAK ETAP At The Makassar City Coffee Shop For Micro, Small, And Medium Enterprises

This research aims to determine the suitability of accounting records at Warkop MSMEs in Makassar City based on SAK ETAP. and to find out the obstacles faced by Coffee Shop For Micro, Small, And Medium Enterprises in Makassar City when they do not implement accounting records in accordance with SAK ETAP. The method used in this research uses a qualitative approach. The subjects in this research are Coffee Shop For Micro, Small, And Medium Enterprises in Makassar City including Coffee Shop Boeken Huis, Coffee Shop Resota, and Coffee Shop Malaku. This research uses qualitative data types and primary data sources and secondary data. Data collection techniques use observation, interviews and documentation. The data analysis used in this research is descriptive data analysis using analysis steps: Classifying, Identifying, Analyzing, processing data and making conclusions. The results of this research show that: Accounting records carried out by Coffee Shop Managers are still carried out very simply. only record cash incoming and cash outgoing from business activities without recording journals or ledgers. The recording carried out by Coffee Shop depends on the understanding of each Coffee Shop manager. This is due to the lack of knowledge of Coffee Shop owners regarding SAK ETAP, there are no special experts in the field of Accounting and warkop managers have never attended accounting training from the government or those in charge of Micro, Small, And Medium Enterprises

SME Performance: Ability to prepare financial reports based on SAK ETAP and financial literacy (Empirical study of SMEs in the city of Serang)

The background of this research is that SME managers in preparing financial reports based on SAK ETAP, the managers are given training and assistance by the Department of Cooperatives, SMEs, Industry and Trade of Serang City, but the managers still focus on production without paying attention to recording financial transactions, thus hindering the managers in carrying out development, evaluation, and decision making. The formulation of the research problem is whether there is an influence between the ability to prepare financial reports based on SAK ETAP on the performance of SMEs and financial literacy as a moderating variable. The aim of this research is to test and analyze whether there is an influence between the ability to prepare financial reports based on SAK ETAP on performance and financial literacy as a moderating variable. The research method uses quantitative methods, the SMEs population in Serang City was taken using purposive sampling, hypothesis testing used PLS. The finding that the ability to prepare financial reports possessed by managers in Serang City affects performance, this is due to the intensive training and mentoring carried out by the cooperative, SMEs, industry and trade services but SMEs managers have not been able to prepare it. general financial reports with financial literacy awareness. This research concludes that the ability to prepare financial reports and financial literacy have a positive influence on SMEs performance, while the ability to prepare financial reports mediated by financial literacy has no effect on financial literacy.

DIGITALIZATION OF FINANCIAL MANAGEMENT THROUGH TRAINING AND ASSISTANCE IN THE PREPARATION AND ANALYSIS OF COMPUTING SYSTEM-BASED FINANCIAL REPORTS FOR ISLAMIC BOARDING SCHOOL COOPERATIVES IN THE BLITAR DISTRICT

The cottage boarding school serves as an Islamic educational institution focused on studying, comprehending, deepening, appreciating, and practicing the teachings of Islam, placing particular emphasis on instilling religious morals as daily behavioral guidelines. Moreover, these Islamic boarding schools, in their role as agents of change, not only contribute to religious and societal education but also actively participate in societal development and social transformation. Recognizing the pivotal role of cottage Islamic boarding schools in the community, especially in economic development, this study proposes the reinforcement of Islamic boarding school cooperatives (Kopontren) as economic driving forces within their environments. Initial observations highlight two key challenges: 1) Manual financial reporting based on outdated methods without utilizing SAK ETAP guidelines, and 2) The lack of financial performance analysis by Kopontren managers. The research commences with an introductory phase involving a literature review, followed by an in-depth exploration through secondary data analysis. Subsequently, an internal focus group discussion (FGD) is organized to gain insights into the actual cooperative conditions of cottage boarding schools. This FGD engages with the Department of Cooperatives and Micro, Small, and Medium Enterprises (MSMEs). To ensure the seamless progress of the activities, the execution team will coordinate with the District Cooperatives and MSMEs Service in Blitar, serving as a governmental institution officially supporting the establishment of cooperative cottage boarding schools.

Analysis Of The Preparation Of Financial Reports Based On Accounting Standards For Financial Entities Without Public Accountability No. 5 Of 2009 At The Princess Hotel In Bengkulu

This research aims to analyze the application of SAK ETAP No.05 of 2009 concerning profit and loss reports at the Princess Bengkulu Hotel. The aim of this research is to determine the suitability of implementing SAK ETAP No. 05 of 2009 concerning profit and loss reports at the Princess Benkulu Hotel. The data analysis used is comparative descriptive, namely a research method that compares a valid theory with events that occur in the field. The results of this research indicate that the Princess Bengkulu Hotel specifically has not prepared a profit and loss report in accordance with SAK ETAP No. 05 of 2009, but in the profit and loss report of the Hotel Princess Bengkulu, 80% of the components are in accordance with SAK ETAP No. 05 of 2009 which applies. These components include income, expenses, profit or loss, tax expense, net profit or loss.