Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)

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Accounting for Community Welfare: Uncovering the Limitations of BUMDes Governance in Indonesia

Authors
Sriyono1, *, Adi Soeprapto2, Simon Pulung Nugroho3
1Faculty of Economic and Business, UPN “Veteran” Yogyakarta, Yogyakarta, Indonesia
2Faculty of Social and Politic, UPN “Veteran” Yogyakarta, Yogyakarta, Indonesia
3Faculty of Industrial Engineering, UPN “Veteran” Yogyakarta, Yogyakarta, Indonesia
*Corresponding author. Email: sriyono@upnyk.ac.id
Corresponding Author
Sriyono
Available Online 27 April 2023.
DOI
10.2991/978-2-38476-048-0_6How to use a DOI?
Keywords
BUMDes; governance; accounting systems; community welfare; Indonesia
Abstract

This study examines the governance of BUMDes (village-owned enterprises) in Indonesia and its impact on community welfare. The study uses content analysis and descriptive qualitative methods to analyze data obtained from focus group discussions and village and BUMDes documents. The results reveal that while BUMDes “HR” has a Master Plan to guide its activities, it lacks important accounting systems and procedures, including standard operating procedures (SOPs) and an integrated information system. This limits the ability of BUMDes to increase village income and welfare. Therefore, the development of accounting systems and procedures is crucial for improving the governance of BUMDes and the reliability of the information produced. The implications of this study are that BUMDes need to implement effective accounting systems and procedures to achieve good governance, increase revenue, and improve the welfare of the village community.

Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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Volume Title
Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)
Series
Advances in Social Science, Education and Humanities Research
Publication Date
27 April 2023
ISBN
978-2-38476-048-0
ISSN
2352-5398
DOI
10.2991/978-2-38476-048-0_6How to use a DOI?
Copyright
© 2023 The Author(s)
Open Access
Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

Cite this article

risenwbib
TY  - CONF
AU  - Sriyono
AU  - Adi Soeprapto
AU  - Simon Pulung Nugroho
PY  - 2023
DA  - 2023/04/27
TI  - Accounting for Community Welfare: Uncovering the Limitations of BUMDes Governance in Indonesia
BT  - Proceedings of the International Conference on Advance Research in Social and Economic Science (ICARSE 2022)
PB  - Atlantis Press
SP  - 47
EP  - 55
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-2-38476-048-0_6
DO  - 10.2991/978-2-38476-048-0_6
ID  - 2023
ER  -