Community Empowerment
Vol 7 No 8 (2022)

Technical guidance for preparing financial reports at small and medium enterprises (SMEs) “Bluesummer”

Farida Farida (Universitas Muhammadiyah Magelang, Magelang, Indonesia)
Akhria Kukuh Widyastuti (Universitas Muhammadiyah Magelang, Magelang, Indonesia)
Arda Laksmana Anugraha (Universitas Muhammadiyah Magelang, Magelang, Indonesia)
Heni Sofi (Universitas Muhammadiyah Magelang, Magelang, Indonesia)
Nandila Feby Izami (Universitas Muhammadiyah Magelang, Magelang, Indonesia)
Nurul Wahid (Universitas Muhammadiyah Magelang, Magelang, Indonesia)



Article Info

Publish Date
27 Aug 2022

Abstract

Financial reports are prepared to give data regarding MSMEs' performance and are helpful for business decision-making. In general, MSME actors simply keep simple documentation of their income and expenses. Some even fail to include rent as an operational expense, which gives the impression that the company is making a lot of money despite the improperly documented expenses. As a result, the report does not accurately reflect the company's current financial situation. The purpose of this community service is to provide socialization, training and information on the preparation and financial reporting of MSMEs. This activity is carried out by giving instruction on how to create financial reports using the MSME application and the Excel program. The results achieved from this program are increased knowledge and skills of partners in preparing financial reports, so that financial performance can be measured.

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Journal Info

Abbrev

ce

Publisher

Subject

Arts Humanities Education Public Health Social Sciences

Description

Community empowerment is a medium for academicians, government, private companies, and social institutions to communicate community empowerment activities. Each published article is expected to provide new insights and inspire activities elsewhere on related ...