Analysis Of The Level Of Understanding Of MSME Actors Towards SAK-EMKM Along The University Of North Sumatra Road From Door 1 To Door 4

Adila Sari; Pricillia Deborah Valentine; Nayla Nurul Putri; Nuraini Azlin; Heriyati Chrisna

doi:10.47134/jampk.v2i3.529

Authors

Adila Sari Universitas Pembangunan Panca Budi
Pricillia Deborah Valentine Universitas Pembangunan Panca Budi
Nayla Nurul Putri Universitas Pembangunan Panca Budi
Nuraini Azlin Universitas Pembangunan Panca Budi
Heriyati Chrisna Universitas Pembangunan Panca Budi

DOI:

https://doi.org/10.47134/jampk.v2i3.529

Keywords:

MSMES, SAK-EMKM, Accounting, Financial Statements, Accounting Literacy

Abstract

This study aims to determine the degree of interpretation of Micro, Small, and Medium Enterprises (MSMEs) compared to the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM) and analyze its application. This information was obtained from a survey of 168 MSME respondents on Jalan Universität North Sumatra (doors 1–4). The findings of the study show that most MSMEs do not understand the SAK EMKM, with 90% of respondents not knowing the standards and 84 respondents answering "Very ununderstanding." This is mainly due to a lack of accounting literacy, the belief that financial records are inaccurate, and a lack of awareness of resources. The findings of the study show that substantial socialization and education are needed for MSMEs to help, make clear budget reports in accordance with standards, increase transparency, provide access to financial resources, and support regional economic growth

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