Title: FINANCIAL ACCOUNTABILITY STUDY OF MICRO SMALL AND MEDIUM ENTERPRISES (Study of the Big 5 MSMEs in Lamongan)
Author: EKO WARSIYANTO NUGRAHADI
Affiliations: Masters Program in Accounting, Faculty of Economics and Business, Universitas Airlangga , Surabaya, Indonesia
Publisher: Universitas Airlangga
Abstract
The number of MSMEs is growing by 4% every year, which makes MSMEs the wheel of the Indonesian economy and contributes half of Indonesia's GDP. However, this figure is not supported by professional management from MSME players. The implementation of SAK EMKM is possible to provide standards for modern MSME management. In reality, many MSMEs do not even know that this standard exists, let alone implement it. This standard requires MSME players to carry out financial accountability, including by preparing Profit/Loss Reports, Balance Sheets and Notes to Financial Reports. What is expected does not match reality, many MSMEs do not implement this form of accountability due to the inability of the resources they have. This research uses a qualitative method with an exploratory case study approach. This method was chosen because the context of the ideal form of financial accountability must be sought because researchers want to know the ideal form of implementing financial accountability that is in accordance with the resources and abilities possessed by MSME actors. This research aims to provide a framework that shows the ideal form of financial accountability for MSMEs. The results of research on the forms of MSME accountability carried out are mostly not standardized and take the form of single entry accounting. The ideal framework for MSME financial accountability is, ownership of NPWP, Cash Receipt/Disbursement Report, and Cost of Goods Sold Report
Keywords: SMEs, Financial Accountability, Single Entity Accounting, Lamongan
Sources: http://repository.unair.ac.id/90346/
