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Nur Sandi Marsuni
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Kelurahan Karunrung Kecamatan Rappocini, Kota Makassar, Sulawesi Selatan, Indonesia
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Masterpiece Journal Society Service Insight
Published by Yayasan Amerta Insan Unggul
ISSN : -     EISSN : 30902185     DOI : -
Core Subject : Economy, Education, Agriculture, Social,
Agriculture, Biological Sciences & Forestry Economics, Econometrics & Finance Languange, Linguistic, Communication & Media Law, Crime, Criminology & Criminal Justice Social Sciences
Masterpiece Journal Society Service Insight is a scientific journal published by Amerta Institute. It focuses on disseminating the results of community service activities that create real and innovative impacts across various fields, including education, health, economic empowerment, the environment, technology, social sciences, law, and public welfare. Masterpiece Journal Society Service Insight is published twice a year, in February and August, and employs a rigorous peer-review process to ensure the quality and relevance of its publications. The journal is registered with ISSN (International Standard Serial Number) Online 3090-2185 and ISSN Print xxxx-xxxx, issued by the National Research and Innovation Agency (Badan Riset dan Inovasi Nasional) – Directorate of Multimedia Repositories and Scientific Publishing, National ISSN Center of Indonesia (PUSAT NASIONAL ISSN INDONESIA). This ensures proper indexing, citation, and accessibility in academic and professional databases, enhancing the journal’s credibility and global reach. More than just scientific documentation, the journal aims to serve as a practical guide that can be directly applied by various stakeholders. Through this initiative, Amerta Institute is committed to strengthening the synergy between academia and the community to drive sustainable social change.
Arjuna Subject : Umum - Umum
Articles 77 Documents
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The Influence of Work Motivation, Technical Training, and Work Environment on Employee Performance through Job Satisfaction in the Mineral Downstreaming Sector: A Case Study of PT. XYZ Fauzi Arie Priyatno; Susanti Widhiastuti
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.549

Abstract

This study examines the determinants of employee performance within a highly structured and operational work environment by analyzing the roles of work motivation, technical training, and work environment, with job satisfaction as a mediating variable. A quantitative approach was employed using a survey method involving 272 employees of PT Borneo Alumina Indonesia, selected through proportionate stratified random sampling from a population of 852 employees. Data were analyzed using multiple linear regression, complemented by classical assumption tests and Sobel test for mediation analysis. The results indicate that technical training and work environment have a significant positive effect on job satisfaction, while work motivation does not significantly influence job satisfaction. Furthermore, work motivation, technical training, and job satisfaction significantly affect employee performance, whereas the work environment does not have a direct significant effect. Job satisfaction is found to mediate the relationship between technical training and work environment on employee performance, but does not mediate the effect of work motivation on performance. These findings suggest that in a structured work setting, employee performance is more strongly driven by capability and system-related factors rather than motivational aspects.
Guidance on Understanding Short- and Long-Term Securities Investments and Simulation of Their Recording as an Alternative for Business Fund Management at Archive Studio MSME Wahyuni; Nurul Fuada; Dwi Azzahrah Syarif; Hesti Marwah; Muh. Asri Syamjun S; Muh Al Amin Bintang Saputra
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.550

Abstract

Micro, small, and medium enterprises (MSMEs) frequently encounter challenges in financial recordkeeping and cash management, limiting their ability to make informed financial decisions and sustain business growth. While previous community engagement programs have primarily focused on introducing simple bookkeeping based on the Indonesian Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM), limited attention has been given to integrating financial reporting with investment management strategies. This community service project aimed to enhance financial literacy by providing assistance in preparing simple financial statements and introducing short- and long-term securities investments as alternative approaches to managing surplus business funds. The program was implemented at Archive Studio, a clothing retail MSME in Makassar, Indonesia, using a participatory assistance approach involving observation, interviews, financial transaction analysis, mentoring sessions, and accounting simulations. The activities resulted in the preparation of complete financial statements, including journals, ledgers, income statements, statements of changes in equity, and statements of financial position. In addition, participants gained practical understanding of the accounting treatment for short- and long-term securities investments through transaction simulations. The mentoring process also improved the participant's ability to distinguish between business assets, operating expenses, and owner withdrawals, thereby supporting more transparent financial management. The novelty of this program lies in integrating SAK EMKM-based financial reporting with securities investment accounting simulations, providing MSMEs with a comprehensive framework for both financial reporting and strategic fund allocation. This integrated approach contributes to strengthening financial literacy and offers a practical model for improving MSME financial sustainability and decision-making.
Effectiveness of Village Fund Policy in Increasing Infrastructure Development in Balumbung Village, Tompobulu District, Bantaeng Regency Titin Nurfadilla; Warda; Andi Hakib
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.551

Abstract

Village Funds constitute one of the Indonesian government's primary policy instruments for promoting equitable rural development through infrastructure improvement and community empowerment. However, the effectiveness of Village Fund implementation varies across regions due to differences in governance capacity, community participation, and accountability. This study aims to evaluate the effectiveness of the Village Fund policy in enhancing infrastructure development in Balumbung Village, Tompobulu District, Bantaeng Regency. A qualitative descriptive approach was employed using primary data collected through observations, semi-structured interviews with village officials and community representatives, and documentation analysis. Data were analyzed using the interactive model of data reduction, data display, and conclusion drawing. The findings indicate that the Village Fund policy has been implemented effectively through participatory planning, transparent implementation, and collaborative supervision involving both the village government and local communities. Infrastructure projects, including road improvements, clean water facilities, drainage systems, and public utilities, have significantly improved accessibility, mobility, and residents' quality of life while supporting local economic activities. Nevertheless, several challenges remain, particularly implementation delays, limited administrative capacity, budget constraints, and the need for stronger transparency mechanisms. The study concludes that the effectiveness of Village Fund policy depends not only on financial allocation but also on participatory governance, institutional capacity, and continuous public oversight. These findings contribute to the literature on rural development and public policy implementation by providing empirical evidence from an Indonesian village context and offering policy recommendations to strengthen sustainable infrastructure development and village governance.
Liquidity and Solvency Analysis in Assessing the Financial Performance of PT Telkom Indonesia (Persero) Tbk Listed on the Indonesia Stock Exchange Wahyuni; Musdalifah Hasmal; Siti Athirah Asmarani; Lilis Sukanda
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.552

Abstract

This study aims to analyze the liquidity and solvency of PT Telkom Indonesia (Persero) Tbk, listed on the Indonesia Stock Exchange, in assessing its financial performance during the 2021–2025 period. The study employed a descriptive quantitative approach. The research object was PT Telkom Indonesia (Persero) Tbk, while the unit of analysis consisted of the company's audited consolidated financial statements for the 2021–2025 period. Secondary data were collected through documentation and literature review. The analysis employed liquidity ratios, namely the Current Ratio (CR), Quick Ratio (QR), and Cash Ratio (CaR), together with solvency ratios consisting of the Debt to Asset Ratio (DAR) and Debt to Equity Ratio (DER). The findings indicate that the company's liquidity fluctuated throughout the observation period. The Current Ratio ranged from 0.777 to 0.886, the Quick Ratio from 0.763 to 0.875, and the Cash Ratio from 0.405 to 0.554. Despite these fluctuations, the company consistently maintained its ability to meet short-term obligations through effective management of current assets and cash resources. In terms of solvency, the Debt to Asset Ratio ranged from 45.46% to 47.69%, while the Debt to Equity Ratio ranged from 83.34% to 91.15%, indicating that the company's capital structure remained financially sound with a relatively controlled level of debt dependence. This study contributes to the literature by utilizing the most recent audited financial statements for the 2021–2025 period and integrating liquidity and solvency ratio analyses to provide a more comprehensive assessment of the financial performance of PT Telkom Indonesia (Persero) Tbk.
Preparation of Financial Statements for UMKM Cafe Kenza & Billiard Gowa through Audit Assistance for the Inventory, Warehousing, and Accounts Payable Cycles Ismail Badollahi; Wahyuni; Nurtisatul Mukarramah; Putri Latifah Ramadani Lewa; Burhan; DM Triaryadi Hasanuddin; Elly Haerunnisa
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.553

Abstract

Inadequate financial management and internal control remain common obstacles for many Micro, Small, and Medium Enterprises (MSMEs), including Cafe Kenza & Billiard. This situation results in incompletely documented transaction recording, uncontrolled inventory management, and financial reports not being prepared in accordance with accounting principles. Therefore, this Community Service activity aims to evaluate internal controls in the inventory, warehousing, and accounts payable payment cycles while also assisting in the preparation of simple financial reports. The activity was carried out on July 8–10, 2026, at Cafe Kenza & Billiard, Gowa Regency, using observation, interviews, documentation, and the Internal Control Questionnaire (ICQ). The data obtained were analyzed as the basis for preparing a list of accounts, general journal, ledger, trial balance, and income statement based on available transaction evidence. The results of the activity showed that internal control was still weak, indicated by the absence of an organizational structure, stock cards, inventory mutation recording, and adequate transaction evidence documentation. Nevertheless, the mentoring succeeded in increasing the owner's understanding of the importance of internal control and producing a more structured simple financial report. This activity demonstrates that accounting mentoring and internal control evaluation play a crucial role in improving the quality of financial governance and accountability in MSMEs.
Analysis of Revenue Recognition and Contract Cost Recognition under PSAK 72: Evidence from PT Wijaya Karya (Persero) Tbk Listed on the Indonesia Stock Exchange Wahyuni; Miftahul Janna; Nurhalima; Lidia Arianti Agustin; Nurhalisa
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.554

Abstract

This study aims to analyze the implementation of revenue recognition and construction contract cost recognition under PSAK 72 at PT Wijaya Karya (Persero) Tbk, one of Indonesia’s largest state-owned construction companies listed on the Indonesia Stock Exchange. The research evaluates whether the company’s accounting practices comply with the principles of PSAK 72 concerning revenue from contracts with customers, particularly in relation to performance obligations and the matching of contract costs with recognized revenue. A qualitative descriptive approach was employed using secondary data collected from annual reports, audited financial statements, and relevant academic literature. Data were analyzed through document analysis by comparing the company’s accounting policies with the recognition and measurement requirements stipulated in PSAK 72. The findings indicate that the adoption of PSAK 72 has not significantly altered revenue recognition practices for the company’s core construction projects, as revenue continues to be recognized over time using the cost-to-cost percentage-of-completion method, which is consistent with the standard. However, challenges remain in recognizing and classifying construction contract costs, particularly regarding the presentation of contract assets and inventories, indicating potential inconsistencies in applying the matching principle. These findings suggest that formal compliance with PSAK 72 in revenue recognition does not necessarily ensure equivalent compliance in contract cost recognition. This study contributes to the accounting literature by providing empirical evidence on PSAK 72 implementation in Indonesia’s construction industry and highlights the importance of strengthening internal controls, cost estimation procedures, and financial reporting quality to improve transparency and decision-making.
Education on the Investment Acquisition and Payment Cycle to Strengthen the Internal Control System at CV Citra Panca Mandiri Idra Wahyuni; Adnan Dwi Susanto; Sitti Sahria; A. Arfan; Arya Saputra Syam; Wahyuni
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.555

Abstract

This study examines the implementation of revenue recognition and construction contract cost recognition under PSAK 72 at PT Wijaya Karya (Persero) Tbk, a leading state-owned construction company listed on the Indonesia Stock Exchange. The research aims to evaluate the extent to which the company’s accounting practices comply with PSAK 72 in recognizing revenue from contracts with customers and matching contract costs with recognized revenue. A qualitative descriptive approach was employed using document analysis of secondary data obtained from the company’s annual reports, audited financial statements, accounting policies, and relevant academic literature. The collected data were analyzed by comparing the company’s accounting treatment with the recognition, measurement, and disclosure requirements prescribed by PSAK 72. The findings reveal that the adoption of PSAK 72 has not fundamentally changed revenue recognition for the company’s core construction contracts because revenue continues to be recognized over time using the cost-to-cost percentage-of-completion method, which satisfies the standard’s performance obligation criteria. Nevertheless, challenges remain in estimating and allocating construction contract costs, particularly in the recognition of contract assets, inventory classification, and cost matching, potentially affecting the reliability of financial reporting. The study demonstrates that compliance with PSAK 72 extends beyond revenue recognition and requires robust cost estimation, contract management, and internal control systems to ensure faithful financial reporting. This research contributes to the literature by providing empirical evidence on PSAK 72 implementation in Indonesia’s construction sector and offers practical recommendations for enhancing accounting quality, transparency, and accountability in long-term construction contracts.
A Comparative Analysis of Financial Management and Profitability between Digital Ecosystem-Based Retail Companies and Conventional Retail Companies Listed on the Indonesia Stock Exchange (IDX) Siti Athirah Asmarani; Syahra Darajat Salsabila; Nurhalima; Muchriana Muchran
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.556

Abstract

The development of digital ecosystems has transformed the competitive landscape of the retail sector in Indonesia, raising questions about which business model excels in financial management and profitability. This study aims to analyze and compare the financial management performance and profitability levels of digital ecosystem-based retail companies versus conventional retail companies listed on the Indonesia Stock Exchange (IDX) during the 2023–2025 period. A comparative quantitative approach using purposive sampling was employed, resulting in a sample of six companies (three digital ecosystem issuers: BELI, BUKA, GOTO; and three conventional issuers: AMRT, LPPF, HERO), yielding 18 panel data observations. Financial management was measured via cash turnover, inventory turnover, and the operating expense ratio (BOPO), while profitability was measured via Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). Data were analyzed using the Independent Sample T-test following the Kolmogorov-Smirnov normality test and Levene’s homogeneity test. The results indicate significant differences (Sig. 0.000 < 0.05) across all tested indicators. Digital retailers outperformed in cash and inventory turnover speeds but lagged significantly in operating cost efficiency (average BOPO of 118.60% compared to 92.10% for conventional retailers). Regarding profitability, conventional retailers consistently recorded positive ROA, ROE, and NPM, whereas digital retailers remained in a net loss position. These findings indicate that the working capital efficiency advantage of digital ecosystems has not yet translated into net profitability, consistent with a U-shaped relationship pattern observed during the early stages of digital transformation.
Analysis of the Internal Control System for Cash and Cash Equivalents at the Adi Jaya MSME Shop in Takalar Regency Wahyuni; Mahfiza; Miftahul Janna; Nurhalima; Dinda
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.557

Abstract

Micro, Small, and Medium Enterprises (MSMEs) play a strategic role in Indonesia’s economy; however, weak internal control over cash and cash equivalents remains a significant challenge that threatens financial accountability and business sustainability. This community engagement study aimed to analyze the effectiveness of the internal control system for cash and cash equivalents at Adi Jaya MSME Shop in Takalar Regency and to formulate practical recommendations for improving financial governance. A qualitative case study approach was employed through observation, semi-structured interviews, and document analysis involving cash records, transaction evidence, and operational procedures. Data were collected during a six-day field assistance program and analyzed using descriptive analysis based on internal control principles, including segregation of duties, authorization procedures, documentation, and monitoring mechanisms. The findings revealed that cash management was still conducted through a centralized process without adequate segregation of responsibilities between cash receipt, custody, and recording functions. Transaction documentation was largely manual and inconsistent, while formal authorization procedures and periodic cash reconciliations had not yet been implemented. These conditions increase the risk of recording errors, cash discrepancies, and potential fraud. Nevertheless, the enterprise demonstrated a strong commitment to improving its financial administration and showed readiness to adopt recommended practices. The study proposes practical improvements, including the implementation of segregation of duties, standardized cash recording procedures, routine cash reconciliation, and the adoption of SAK EMKM-based financial reporting supported by digital payment systems. These recommendations are expected to strengthen internal control, enhance financial transparency, and improve the long-term sustainability of MSMEs.
Field Observation-Based Inventory Audit Assistance for MSME Aura Parfum to Improve Inventory Information Accuracy and Internal Control Quality Wahyuni; Reni Handayani.S; Nirwhana Yuliana Ahmad; Syahra Darajat Salsabila; Fakhirah Naila Zalianty
Masterpiece Vol. 2 No. 1 (2026): February 2026
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Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.65246/mjssi.v21.558

Abstract

Inventory management is a crucial aspect of maintaining operational smoothness and enhancing internal control quality for Micro, Small, and Medium Enterprises (MSMEs). However, many MSMEs still face challenges in inventory recording, resulting in information that is not entirely accurate. This Community Service activity aimed to provide guidance on a field-observation-based inventory audit for Aura Parfum to evaluate the accuracy of inventory information and the quality of internal controls. The methods employed included internal control interviews, physical warehouse observation using a checklist, and a physical stock count (stock opname) of fourteen perfume essence samples. Data were analyzed descriptively to identify the alignment between inventory records and actual physical conditions. The results indicated that Aura Parfum had effectively implemented physical inventory controls through the segregation of storage areas, raw material labeling, temperature control, and restricted warehouse access. Nevertheless, the inventory recording system remained manual and periodic, leading to discrepancies found in three types of perfume essences during the physical stock count. These findings suggest that the discrepancies were caused more by delays in recording than by actual inventory loss. The activity resulted in recommendations to implement a perpetual inventory recording system, conduct regular physical stock counts, separate the recording of online and offline sales transactions, and establish a mechanism for monitoring supplier payments. Implementing these recommendations is expected to improve inventory information accuracy and strengthen the MSME's internal control system.

Page 6 of 8 | Total Record : 77

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