This study aims to find out (1) how furniture maker in Moyo village MSME understands SAK-UMKM (2) how to record and prepare financial statements of furniture maker in Moyo village, and to find out if financial statements apply to SAK-UMKM MSME (3) Obstacles faced by furniture manufacturers in registering and compiling financial statements that relate to SAK-UMKM. This study uses a qualitative descriptive research method. The sampling method used is purposeful sampling and snowball sampling. Data collection methods used include interviews, observation and documentation. The data validation method used is source triangulation and method triangulation. The data analysis used is an interactive analysis model. The results showed: (1) Furniture makers' understanding of the Financial Reporting Standards for Micro, Small, and Medium Enterprises (SAK-UMKM) is still low (2a) Financial statements made by furniture makers are limited to business reports that are made in accordance with the understanding and the needs of every furniture maker. (2b) Furniture makers do not use SAK-UMKM when preparing financial statements because furniture makers do not understand SAK-UMKM. (3) Obstacles for furniture makers in implementing SAK-ETAP, namely: lack of knowledge of furniture makers about SAK-UMKM, lack of professional accounting staff for furniture makers, lack of understanding by furniture makers of the importance of accounting and financial reporting, and ineffective communication from competent parties about SAK-UMKM.
Financial accounting, SAK-UMKM, SMEs.
Eka Ardiansyah "Implementation of Small and Medium Enterprise Financial Reporting Standards in Small and Medium Microbusiness Furniture Machines in Moyo Village, Moyo Hilir District, Sumbawa" Iconic Research And Engineering Journals Volume 5 Issue 12 2022 Page 196-201
Eka Ardiansyah "Implementation of Small and Medium Enterprise Financial Reporting Standards in Small and Medium Microbusiness Furniture Machines in Moyo Village, Moyo Hilir District, Sumbawa" Iconic Research And Engineering Journals, 5(12)