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All Journal Jurnal Ilmiah Widya MIX : Jurnal Ilmiah Manajemen Competitive Jurnal Akuntansi dan Keuangan Jemasi Jurnal Ekonomi Manajemen dan Akuntansi Community Development Journal: Jurnal Pengabdian Masyarakat JEBDEKER: Jurnal Ekonomi, Manajemen, Akuntansi, Bisnis Digital, Ekonomi Kreatif, Entrepreneur Journal Of Human And Education (JAHE) Jurnal Magister Akuntansi Trisakti Jurnal Akuntansi Trisakti Journal of Community Research & Engagement (JCRE)
Primadonna Ratna Mutumanikam
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Religion Humanities Decision Sciences, Operations Research & Management Economics, Econometrics & Finance Education Health Professions Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Public Health Social Sciences Other

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FINANCIAL MANAGEMENT AND ACCOUNTING EDUCATION IN IMPROVING THE VILLAGE LOCAL ECONOMY FOR MSMEs IN GODOBANGKONG VILAGE Nugrahanti, Trinandari Prasetya; Lanjarsih, Laela; Mutumanikam, Primadonna Ratna
Community Development Journal : Jurnal Pengabdian Masyarakat Vol. 5 No. 4 (2024): Volume 5 No. 4 Tahun 2024
Publisher : Universitas Pahlawan Tuanku Tambusai

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.31004/cdj.v5i4.30358

Abstract

Micro, Small, and Medium Enterprises (MSMEs) are crucial in driving local economic development in rural areas. However, these businesses often need help with financial management and accounting, limiting their growth and sustainability. This community service project aimed to enhance the financial literacy and accounting practices of MSME owners in a village setting to boost local economic development. The project employed a Participatory Action Research (PAR) method involving collaborative needs assessments, interactive workshops, practical exercises, and continuous feedback loops. The results demonstrated significant improvements in the participants' financial literacy, adoption of systematic bookkeeping practices, and access to micro-financing. Consequently, these advancements led to a 50% increased average monthly business income, enhanced cost management efficiency, and strengthened community support networks. In conclusion, the project successfully empowered rural MSME owners with essential financial management skills, contributing to sustainable local economic growth and providing a replicable model for similar initiatives in other rural communities.
Co-Authors Amin, Sakdiah Binti Md Dessy Adelin Dessy Adelin Farhan Budi Kusuma Hanantijo, Gerardus Michael Djoko Izath Rytami Jonnardi, Jonnardi Laela Lanjarsih Markonah Olvionita, Deby Rika Mala Sari Rytami, Izath Sela Aprilia Siti Safaria THEODORUS SENDJAJA Tiolina Evi Nausta Pardede Trinandari Prasetya Nugrahanti Turah Slamet Vira Oktaviani Putri