PENYUSUNAN LAPORAN KEUANGAN BERBASIS STANDAR AKUNTANSI KEUANGAN ENTITAS PRIVAT PADA UMKM DI KOTAMADYA PAREPARE

Abstract

The objectives and targets to be achieved in this community service activity are the implementation of technical training in preparing and presenting simple and easy-to-understand financial reports based on applicable Accounting Standards (SAK-ETAP), however, as of January 1, 2025, it has been replaced with SAK Private Entities (SAK EP). The output produced is the preparation of UMKM financial reports using the latest standards, namely SAK EP using simple Excel and spreadsheet methods, in addition to providing knowledge on how to calculate the cost of products so that it can be known how much actual profit is obtained. The results of research conducted by Rizki Rudiantoro on the quality of UMKM financial reports and the implementation of SAK ETAP show that UMKM respondents in this study have the perception that bookkeeping and financial reporting are quite important in the growth and development of their business. In line with research conducted by Ajeng Nafilatun on the Importance of Making Financial Reports for UMKM Business Actors in Pekalongan Regency, it states that UMKM actors often underestimate the recording of financial reports, even considering that financial reports are something complicated. In fact, recording financial reports in accordance with the SAK EMKM standards can increase a company's credibility and serve as a basis for company evaluation. The methods applied are classical and individual. These approaches take the form of lectures and practical exercises. The individual approach is carried out during the practical exercises, providing guidance on how to prepare financial reports based on information obtained during the activities, which is then processed into financial reports that comply with SA EP principles, namely, the income statement, balance sheet, statement of changes in equity, cash flow statement, and notes to the financial statements. It also provides knowledge on how to calculate the cost of goods sold.