Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2024 (ICoSTAS-SAS 2024)

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Revealing the Readiness of MSMEs in Implementation SAK EMKM in the Industrial Era 4.0

Authors
I Wayan Karmana1, *, Ni Made Ayu Dwijayanti1, Ketut Sinta Trisnadewi1
1Accounting Department, Politeknik Negeri Bali, Badung, Bali, Indonesia
*Corresponding author. Email: karmana_wayan@pnb.ac.id
Corresponding Author
I Wayan Karmana
Available Online 31 December 2024.
DOI
10.2991/978-94-6463-622-2_9How to use a DOI?
Keywords
Financial Report; MSMEs; SAK EMKM; UMKM
Abstract

This research aims to explore the readiness of MSME Rose Madhani to implement the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM) and the obstacles that arise in this process. This research uses a descriptive qualitative approach where the readiness of MSME Rose Madhani is assessed using 3 aspects, namely HR readiness, readiness of supporting facilities, and commitment of MSMEs. The results of the research show that MSME Rose Madhani is not ready to implement SAK EMKM. The low level of understanding of accounting is an obstacle from the HR aspect, the absence of applications based on SAK EMKM is an obstacle from the infrastructure side, and the perception of MSME owners that consistent financial recording is not important in managing MSMEs and is an aspect that causes low commitment to implementing SAK EMKM. MSME Rose Madhani also still adopts cash-based transactions, so this is not following the concept in SAK-EMKM which records on an accrual basis. SAK EMKM presents financial reports consisting of three components, namely the financial position report at the end of the period, the profit and loss report for the period and notes to the financial reports.

Copyright
© 2024 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 Sustainable Green Tourism Applied Science - Social Applied Science 2024 (ICoSTAS-SAS 2024)
Series
Advances in Economics, Business and Management Research
Publication Date
31 December 2024
ISBN
978-94-6463-622-2
ISSN
2352-5428
DOI
10.2991/978-94-6463-622-2_9How to use a DOI?
Copyright
© 2024 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  - I Wayan Karmana
AU  - Ni Made Ayu Dwijayanti
AU  - Ketut Sinta Trisnadewi
PY  - 2024
DA  - 2024/12/31
TI  - Revealing the Readiness of MSMEs in Implementation SAK EMKM in the Industrial Era 4.0
BT  - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2024 (ICoSTAS-SAS 2024)
PB  - Atlantis Press
SP  - 70
EP  - 76
SN  - 2352-5428
UR  - https://doi.org/10.2991/978-94-6463-622-2_9
DO  - 10.2991/978-94-6463-622-2_9
ID  - Karmana2024
ER  -