PENYUSUNAN LAPORAN KEUANGAN BERDASARKAN SAK ETAP PADA UKM TOKO BANGUNAN SINAR MAKMUR

Abstract

Financial Accounting Standards Entities Without Public Accountability (SAK ETAP) is a standard that can serve as guidelines for small and medium enterprises (SMEs) in preparing the financial statements. The information presented in the financial statements can be easier in terms of borrowing from the creditor institution to add capital to the SMEs. The object of this study is SMEs Sinar Makmur’s Building Materials Store located in Jakarta which is engaged in the sale of building materials. This study aimed to find out the preparation of financial statements in accordance with SAK ETAP and determine the factors that become obstacles in the implementation of SAK ETAP on these SMEs.

This study is a qualitative research and data collection techniques used were interviews, documentation study, and literature research. Results from this study is that SMEs Sinar Makmur’s Building Materials Store has not implemented the preparation of financial statements in accordance with SAK ETAP. This is because SMEs simply provides a record of receipts and expenditures which consist of sales and purchases as well as costs incurred during the year. Factors that cause SAK ETAP has not been applied in preparing the financial statements of SMEs are lack of understanding of small business owners, not the necessity of government that leads to a lack of awareness of SME owners about the importance of preparation of financial statements in accordance with the standards of SAK ETAP and the lack of participation from the government to do socialization and training for SMEs on SAK ETAP.

Keywords : Financial Statements, SAK ETAP, SMEs