DRIVERS OF FINANCIAL REPORTING COMPLIANCE UNDER SAK ETAP: THE ROLE OF EDUCATION, FIRM MATURITY, AND ACCOUNTING LITERACY IN MSMES

Titiek Puji Astuti (Faculty of Business, Universitas Setia Budi, Surakarta, Indonesia)
Ardi Gunardi (Faculty of Economics and Business, Universitas Pasundan, Bandung, Indonesia)
Fahmi Mayasari (Faculty of Business, Universitas Setia Budi, Surakarta, Indonesia)
Agus Suseno (Faculty of Business, Universitas Setia Budi, Surakarta, Indonesia)

Jurnal Riset Bisnis dan Manajemen
Vol. 19 No. 2 (2026): August Edition

This study aims to analyze the factors influencing the preparation of financial reports based on Financial Accounting Standards Without Public Accountability (SAK ETAP) among Micro, Small and Medium Enterprises (MSMEs) in Surakarta City. The factors examined are education level, business scale, business age, and accounting understanding. The population consists of 3,098 MSMEs registered with the Surakarta Cooperative Service, operating in handicrafts, batik, services, culinary, and fashion. Using purposive sampling, 354 MSMEs were selected as the sample. Data were analyzed using multiple linear regression. The results show that education level, business age, and accounting understanding significantly influence the preparation of financial reports based on SAK ETAP. However, business scale does not significantly influence the preparation of financial reports based on SAK ETAP