International Journal of Engagement and Empowerment (IJE2)
Vol. 4 No. 3 (2024): International Journal of Engagement and Empowerment

ANALYSIS OF THE APPLICATION OF SIMPLE FINANCIAL ACCOUNTING TO IMPROVE THE EFFICIENCY OF MSME FINANCIAL MANAGEMENT

Anggraini, Anggun (Unknown)
Ruhiyat, Endang (Unknown)
Indawati, Indawati (Unknown)



Article Info

Publish Date
10 Dec 2024

Abstract

Good financial management is a crucial factor in the success of Micro, Small, and Medium Enterprises (MSMEs), which contribute significantly to the Indonesian economy. However, many MSMEs, including those managed by Yayasan Darul Anwar Banten, need help in structured financial recording, which impacts cash flow management and business decision-making. This research aims to provide counseling and training on effective, simple financial record-keeping for MSMEs. The methods used include interviews, lectures, and evaluation through pre-tests and post-tests to measure participants' understanding. The training results showed that 80% of participants experienced increased knowledge about recording and preparing financial statements. The conclusion of this activity emphasizes the importance of continuous training in financial management to improve the operational efficiency of MSMEs. Suggestions include the need for constant counseling and soft skills development to support the ability of MSMEs to face industry challenges

Copyrights © 2024






Journal Info

Abbrev

home

Publisher

Subject

Humanities Education Other

Description

International Journal of Engagement and Empowerment (IJE2) is a peer-refereed open-access international journal which has been established for the dissemination of Community Services in the field of Engagement and Empowerment. Starting from 2021, IJE2 would be published Three times in a year. All ...