EconPapers    
Economics at your fingertips  
 

The Role of Financial Accounting Standards for Small And Medium Micro Economic Sectors:Case Studies In Lowokwaru District, Malang

Ahmad Mukoffi and Yayuk Sulistiyowati
Additional contact information
Ahmad Mukoffi: University of Tribhuwana Tunggadewi
Yayuk Sulistiyowati: Economic Faculty, University of Tribhuwana Tunggadewi Malang, Indonesia

International Journal of Research in Business and Social Science (2147-4478), 2019, vol. 8, issue 3, 17-23

Abstract: In the preparation of financial statements based on financial accounting standards is an improvement in quality of financial statements, which will leverage the credibility of the financial statements in question. The research’s object to be studied are MSMEs in Food and Beverage Sector. The formulation of the problem in this study is, a. How is the preparation of MSME financial statements in the Food and Beverage sector based on EMKM SAK in Tlogomas Sub-District, Malang City, b. What are the constraints faced by MSMEs in the Food and Beverage Sector in implementing EMKM SAK in Tlogomas Sub-District Malang, c. What strategy model is effective from the government so that MSMEs can apply the SAK EMKM optimally. This research method used a combination of research methods (Mixed Methods). With adequate accounting, MSME entrepreneurs can fulfill the requirements in applying for credit, such as making financial reports. The researcher offers a model for the application of electronic-based financial reporting, this is to attract investors to contribute their capital, considering that currently entering the free market. This program also makes easier for the Bank to read the financial statements of micro entities. Key Words:Financial Accounting Standards, Small And Medium Micro Economic, Food and Beverage Sector, Electronic-based financial reporting

Date: 2019
References: View complete reference list from CitEc
Citations: Track citations by RSS feed

Downloads: (external link)
http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/202/242 (application/pdf)
http://www.ssbfnet.com/ojs/index.php/ijrbs/article/view/202 (text/html)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:rbs:ijbrss:v:8:y:2019:i:3:p:17-23

Access Statistics for this article

International Journal of Research in Business and Social Science (2147-4478) is currently edited by Umit Hacioglu

More articles in International Journal of Research in Business and Social Science (2147-4478) from Center for the Strategic Studies in Business and Finance Istanbul Medipol University, School of Business. Contact information at EDIRC.
Bibliographic data for series maintained by Umit Hacioglu ().

 
Page updated 2019-05-25
Handle: RePEc:rbs:ijbrss:v:8:y:2019:i:3:p:17-23