Assistance and Implementation of SAK EMKM in the Financial Statements of Aulia Snack MSMEs in Suboh Situbondo

Abstract

UMKM Aulia Snack, located in Suboh, Situbondo, has great potential in the snack food industry. However, these MSMEs face challenges in managing financial reports that are accurate and in accordance with applicable accounting standards. Limited understanding of the Financial Accounting Standards for Micro, Small and Medium Entities (SAK EMKM) is one of the main obstacles in preparing informative and reliable financial reports. The Student Creativity Program (PKM) aims to provide assistance and implement SAK EMKM in the financial reports of UMKM Aulia Snack. Through this program, the PKM team will carry out a series of activities including training, workshops and intensive assistance in preparing financial reports. This program is expected to improve the understanding and skills of MSME managers in preparing financial reports in accordance with SAK EMKM, so that these reports can be used as a more effective decision-making tool, as well as creating financial reports that are neater, structured and accountable. In this way, Aulia Snack MSMEs will have better abilities in managing finances and have the potential to increase access to formal sources of financing.