scholarly journals Tatakelola Keuangan dan Akses Permodalan UMKM Terhadap Perbankan dalam Meningkatkan dan Pengembangan Nilai Ekonomi Usaha: UMKM Pujasera Cempaka Putih Jakarta Pusat

2020 ◽  
Vol 1 (01) ◽  
pp. 24-34
Author(s):  
Sailendra Sailendra ◽  
Suratno Suratno ◽  
Monang Tampubolon
Keyword(s):  
Financial Institutions ◽  
Financial Management ◽  
Safety Valve ◽  
Small And Medium Enterprises ◽  
Economic Value ◽  
Financial Statements ◽  
Working Capital ◽  
Knowledge And Skills ◽  
Medium Enterprises ◽  
And Training

Abstrak      Usaha Mikro Kecil dan Menengah (UMKM) merupakan salah satu pilar ekonomi bangsa dan sebagai katup pengaman perekonomian nasional. Hingga saat ini, UMKM masih termarjinalkan dan belum sepenuhnya memiliki akses terhadap permodalan dari perbankan dan lembaga keuangan. Salah satu sumber masalah yang masih menjadi penghambat bagi pelaku UMKM untuk dapat meng-akses permodalan dari perbankan, dikarenakan masih rendahnya pengetahuan dan keahlian yang dimiliki dalam tatakelola dan penyajian laporan keuangan yang baik dan benar, sebagai salah satu syarat utama untuk dapat mengakses permodalan dari perbankan. Hasil kajian ini mengindikasikan bahwa hampir sebagian besar dari pelaku usaha UMKM belum memiliki pengetahuan dan keterampilan dalam tatakelola keuangan. Namun demikian, sebagian besar dari pelaku usaha UMKM mempunyai keinginan yang kuat untuk mendapatkan akses permodalan dari perbankan guna pengembangan dan meningkatkan nilai ekonomi usaha mereka. Implikasi dari hasil penelitian ini berpengaruh terhadap regulator serta stakeholder untuk dapat melindungi dan memberdayakan pengusaha UMKM yang selama ini masih kesulitan untuk mengakses permodalan dari perbankan. Begitupula rekomendasi dan saran dari hasil penelitian bagi pemangku kepentingan, untuk dapat bersinergi dengan akademisi guna dapat memberikan pendampingan dan pelatihan akuntansi dan tatakelola keuangan secara komprehensip dan berkesinambungan. Sehingga, para pelaku UMKM dapat memiliki pengetahuan dan keterampilan dalam tatakelola keuangan yang baik dan benar, dan memungkinkan mereka untuk dapat mengakses permodalan dari perbankan dan lembaga keuangan guna meningkatkan dan pengembangan nilai ekonomi usaha. Abstract      Micro, Small and Medium Enterprises (MSMEs) are one of the pillars of the nation's economy and as a safety valve for the national economy. Until now, MSMEs are still marginalized and do not yet have full access to working capital from banks and financial institutions. One source of problems that is still an obstacle for MSMEs to be able to access working capital from banks, due to the lack of knowledge and expertise in the management and presentation of true and correct financial statements, as one of the main prerequisites for being able to access working capital from banks. The results of this study indicate that most of the MSMEs do not yet have the knowledge and skills in financial management. However, most of the MSMEs entrepreneurs have a strong desire to get access to capital from banks to develop and increase the economic value of their businesses. The implications of the results of this study affect regulators and stakeholders to be able to protect and empower MSMEs entrepreneurs who have been struggling to access working capital from banks. As well as recommendations and suggestions from the results of this study for stakeholders, to be able to synergize with academics to provide assistance and training in accounting and financial management comprehensively and sustainably. Thus, MSMEs able to have knowledge and skills to manage their finance, thus enabling them to be able to access working capital from banks and financial institutions to improve and develop the economic value of the business.

scholarly journals Guidelines and criteria used by formal financial institutions to assess credit applications from small and medium enterprises in South Africa

2021 ◽  
Vol 13 (1) ◽  
Author(s):  
Francis T. Asah ◽  
Lynette Louw
Keyword(s):  
South Africa ◽  
Financial Institutions ◽  
Small And Medium Enterprises ◽  
Financial Statements ◽  
Annual Business ◽  
Fundamental Issue ◽  
Step Process ◽  
Background Checks ◽  
Medium Enterprises ◽  
Depth Interviews

Background: The involvement of formal financial institutions (FFIs) in financing small and medium enterprises (SMEs) is and always has been a fundamental issue of concern amongst policymakers and practitioners in developing countries such as South Africa, which experience very low or no economic growth.Aim: This study analysed the guidelines and criteria used by FFIs to assess credit applications from SMEs.Setting: This study investigated the guidelines and criteria instituted by the head office of FFIs when assessing and evaluating credit applications from SMEs in Johannesburg, South Africa.Methods: This study used an interpretivistic research paradigm to achieve the research objectives. Semi-structured in-depth interviews were used to collect data from participants and analysed using the Terre Blanche, Durrheim and Kelly five-step process of content analysis.Results: The findings revealed that assessing the amount of risk, scrutinising financial records, performing thorough background checks and requesting all relevant documentation constitute ways used by FFIs to measure the amount of risk associated with a particular credit application. Additionally, collateral, audited financial statements, annual business turnover, relationship with the bank and credit profile of the owners and/or business are the most important criteria used by FFIs when assessing credit applications.Conclusion: This study provides insights into the guidelines used by FFIs in assessing credit applications and the criteria used by FFIs when assessing and granting credit. This study revealed that some FFIs do not finance foreign-owned businesses as part of their institutional policy.

scholarly journals Behaviour of Financial Management for Small and Medium Enterprises in the New Normal Era

2020 ◽  
Vol 55 (6) ◽  
Author(s):  
Anik Yuesti ◽  
Ni Made Dwi Ratnadi
Keyword(s):  
Financial Management ◽  
Small And Medium Enterprises ◽  
Social Interest ◽  
Financial Statements ◽  
Management Behavior ◽  
New Normal ◽  
The Social ◽  
Social Interests ◽  
Medium Enterprises ◽  
The Relationship

Small and medium enterprises have been considerably affected by the COVID-19 pandemic. In the new normal era, small and medium enterprises need attention and support to survive. This study aims to analyze how the behaviors of disclosing financial statements, managerial perspectives, and social interest perspectives can change management behavior in disclosing financial statements in the absence of financial information. This research was conducted in Bali on small and medium enterprises affected by the COVID-19 pandemic in the new normal era. The sample of this research was 839 small and medium enterprises. The results showed that the disclosure of financial statements and managerial perspectives affected the perspective of social interest. Disclosure of financial statements and managerial perspectives affect the behavior of financial management. Perspectives of social interest are able to mediate the relationship between disclosure of financial statements and managerial perspectives with the behavior of financial management. Thus, in the new normal era, good and bad information about finances remains important to increasing the social interests of society.

Sunshine Fastech Pvt. Ltd.: working capital financing decision

2020 ◽  
Vol 10 (2) ◽  
pp. 1-37
Author(s):  
Bhoomi Ruchit Mehta
Keyword(s):  
Learning Outcomes ◽  
Financial Management ◽  
Financial Statements ◽  
Financial Statement ◽  
Working Capital ◽  
Content Type ◽  
Bank Management ◽  
Academic Level ◽  
Capital Financing ◽  
And Training

Learning outcomes The learning outcomes of this paper is to understand the working capital finances offered by bank; comprehend application by the company, loan proposal and bank procedure for additional finance; compute, analyze and interpret financial statements of company and its peers; and assess various factors to be considered while taking loan sanctioning decisions. Case overview/synopsis Sunshine had expanded its business by starting in-house manufacturing of a few stages of production of fasteners. Sunshine was in urgent need of additional finance for working capital and had applied to Rajya Bank of India Ltd. (RBIL), requesting to enhance working capital finance limits and other changes. Ruchit Mehta, Relationship Manager of S.G. Highway Branch of RBIL have to assess this request and include his evaluations in the proposal, which he had to present to Assistant General Manager of RBIL. Complexity academic level MBA or related program in finance courses such as financial management, corporate finance, financial statement analysis, bank management/finance and training program on “credit management” for bank employees. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 1: Accounting and Finance

scholarly journals Gadai Emas Alternatif Tambahan Modal Usaha Mikro Kecil dan Menengah Pada Lembaga Keuangan Syariah

2015 ◽  
Vol 2 (8) ◽  
pp. 689
Author(s):  
Ninda Ardiani ◽  
Muhammad Nafik HR
Keyword(s):  
Financial Institutions ◽  
Small And Medium Enterprises ◽  
Capital Requirements ◽  
Working Capital ◽  
Fast Process ◽  
Short Term ◽  
Analysis Technique ◽  
Islamic Financial Institutions ◽  
Medium Enterprises

The method used is a qualitative approach with the strategy case study. The collection of data that is passed is the interview to the informant, the assistant pawn Islamic financial institutions and Micro, Small and Medium Enterprises customers pawn gold. The analysis technique used is the technique of pairing patterns with narrating the interviews with informants. Results from this study is the gold pawn Islamic financial institutions may be a reinforcement of capital Micro, Small and Medium Enterprises. The use of gold as a pledge of capital strengthening of capital Micro, Small and Medium Enterprises undertaken to meet short-term capital in the form of working capital. Requirements are simple and fast process makes this product desirable pengusha Micro, Small and Medium Enterprises. Using gold as a pledge of additional capital, the of capital Micro, Small and Medium Enterprises business grew and developing States.

scholarly journals ANALISIS RASIO PERMODALAN BMT AL IQ-TISHODY MATARAM

2020 ◽  
Vol 5 (1) ◽  
Author(s):  
Menik Aryani
Keyword(s):  
Small Business ◽  
Financial Performance ◽  
Financial Institutions ◽  
Small And Medium Enterprises ◽  
Supervisory Board ◽  
Financial Statements ◽  
Cooperative Management ◽  
Islamic Financial Institutions ◽  
Medium Enterprises ◽  
Ministerial Decree

This study is entitled "Capital Analysis Ratio of BMT Al Iq-Tishody Mataram" The purpose of this study is to determine the level of sharia health and compliance in the AL-Iqtishody Mataram BMT 2019 on aspects of capital based on cooperative classification standards according to the cooperative ministerial decree and small business and intermediate number 07 / Per / Dep.6 / IV / 2016. Analyze cooperative financial statements based on the Decree of the Minister of Cooperatives and Small and Medium Enterprises Number 07 / Per / Dep.6 / IV / 2016, Evaluate the financial performance of cooperatives. This study uses 1 type of assessment of health aspects and components in the form of: Capital. The assessment will find out how healthy Al Iq-tishody BMT is in terms of finance, and how obedient in predetermined sharia principles. From these calculations the BMT Al Iq-tishody was classified as "Fairly Healthy" Cooperative. This is because it has an unfavorable value because BMT AL-Iqtishody does not yet have a sharia supervisory board, does not yet have equity participation and financing originating from Islamic financial institutions and also cooperative management does not yet have an educational certificate for management of Islamic financial institutions issued by competent parties. Keywords: Capital, Sharia Health and Sharia compliance

scholarly journals Financial Management for UMKM at the RW Level Discussion Forum in Tangerang City

2021 ◽  
Vol 6 (1) ◽  
pp. 86-90
Author(s):  
Afaf Boru Bulan Namora ◽  
Djenni Sasmita
Keyword(s):  
Financial Reporting ◽  
Financial Management ◽  
Small And Medium Enterprises ◽  
Management Training ◽  
Discussion Forum ◽  
Service Activity ◽  
The Government ◽  
Medium Enterprises ◽  
The City ◽  
And Training

The main objective of community service is to carry out financial management for MSMEs at RW level in Tangerang City. Micro, Small, and Medium Enterprises (MSMEs) are micro, small and medium enterprises which are one of the business sectors that still survived during the Indonesian economic crisis in 1998. These businesses can survive, because they do not depend on import trade or expect funding from banks. This financial management is carried out in a discussion forum at the RW level in the city of Tangerang to improve the welfare of the community in managing finances for micro businesses independently. The government realizes that financial management is one of the places for the community to empower and develop MSMEs. This service activity is carried out to manage finances in detail and properly managed at the RW level, Tangerang city. This implementation method consists of seminars and training. The results of the seminar and financial management training at the RW level discussion forum in the city of Tangerang went well because the participants received knowledge that was useful for training for the progress of their business. Based on the results of research carried out conducting umkm activities can improve detailed and correct financial management even though many people do not understand financial reporting in accounting, but because of the holding of seminars and training it has produced good results for the people of Tangerang city, thereby reducing unemployment.

scholarly journals Pembinaan Pengelolaan Keuangan PEMBINAAN PENGELOLAAN KEUANGAN DAN TEKNOLOGI INFORMASI PADA INDUSTRI SNACK DAN COOKIES BATAM

2019 ◽  
Vol 1 (3) ◽  
pp. 37
Author(s):  
Dian Efriyenty
Keyword(s):  
Small And Medium Enterprises ◽  
Financial Statements ◽  
Financial Accounting ◽  
Survey Method ◽  
Accounting Standard ◽  
Financial Reports ◽  
Lecture Method ◽  
Medium Enterprises ◽  
And Training ◽  
Material Expenditure

The problems currently faced are financial reports compiled in each period not yet accounting standard, lack of knowledge and understanding of Micro, Small and Medium Enterprises in the preparation of financial reports to produce financial and information technology information, increased production produced by MSMEs and often neglect not recording financial problems related to material expenditure, production process to marketing, so that prices are formed based on estimates only. In fact, most of the chips and processed cake pasters still don't hold financial records properly. The method used in fostering the Snack And Cookies Industry in Batam City will be given, namely the survey method, lecture method, discussion method and training method. The results of the UKM service felt that there was still a need to adjust to the preparation of financial statements with the financial accounting standards of entities without public accountability, to practice daily input of financial data with Ms. Excel in improving the financial performance of SMEs running smoothly.

scholarly journals PEMBERDAYAAN UMKM MELALUI PELATIHAN PENYUSUNAN LAPORAN KEUANGAN UNTUK UMKM DI DESA KANGKUNG, KECAMATAN MRANGGEN KABUPATEN DEMAK

2020 ◽  
Vol 3 (1) ◽  
Author(s):  
Nurul Imani Kurniawati ◽  
Stacia Reviany Mege ◽  
Riandhita Eri Werdani ◽  
Maya Aresteria ◽  
Kholidin Kholidin
Keyword(s):  
Community Service ◽  
Financial Institutions ◽  
Small And Medium Enterprises ◽  
Financial Report ◽  
Small And Medium Enterprise ◽  
Medium Enterprise ◽  
Training Activities ◽  
Medium Enterprises ◽  
And Training

Small and Medium Enterprise (SME) also known as UMKM is growing rapidly and has become one of many sectors to support the Indonesian Economy. The lack of ability to make financial report has been a problem for UMKM inhibit them to gain loan or investment from financial institutions. The same problem also found at UMKM in Kangkung Village. The purpose of this community service is to train the entrepreneurs about preparing and making simple financial report. This community service is consist of four steps which started by pre survey then followed by UMKM survey, pre training and training activities. After participating in the training, the entrepreneurs have shown understanding about the importance of financial report, and have gained ability to prepare a standard financial report for their business. This community service is expected to be held continuously for the UMKM in Kangkung villageKeywords: Small and Medium Enterprises, UMKM, Financial Report

scholarly journals Financial Competence of Micro, Small, and Medium Enterprises in Ponorogo

TRIKONOMIKA ◽  
2017 ◽  
Vol 16 (1) ◽  
pp. 36
Author(s):  
Khusnatul Zulfa Wafirotin ◽  
Hadi Sumarsono
Keyword(s):  
Small And Medium Enterprises ◽  
Financial Statements ◽  
Financial Statement ◽  
Net Income ◽  
Income Statement ◽  
Medium Enterprises ◽  
And Training

The purpose of this study was to know and analyze the accounting capability in an effort to improve financial competence for the Micro, Small and Medium (MSM) entrepreneurs in Ponorogo. The method used was survey, through interview and observation. Accounting competence was viewed from the aspect of sales turnover, capital resources used, net income every month, financial statement preparation, financial statement preparation forms, constraints in the preparation of financial statements, and training that had been participated. The results showed the majority of MSM entrepreneurs in Ponorogo including micro-entrepreneurs and the capital resource had an income per month of < Rp 5.000.000,-. Most of them did not prepare for financial statements. The financial statement that was prepared was income statement. Most of them had also not been trained, and financial statement preparation constraints were experienced because they did not understand accounting. MSME financial competence in Ponorogo needed to be improved by accounting training, with the target of being able to prepare financial statements, bankable, increase income to develop the business. Further research was required in the formulation of modules and accounting training for target achievement. 

scholarly journals Pelatihan Akuntansi bagi Entitas tanpa Akuntabilitas Publik Berbasis Usaha Mikro pada PKK RW 06 Kelurahan Serdang Jakarta Pusat

2018 ◽  
Vol 1 (1) ◽  
pp. 81
Author(s):  
Mulyaning Wulan Wulan ◽  
Ummu Salma Al Azizah
Keyword(s):  
Financial Management ◽  
Small And Medium Enterprises ◽  
Accounting Standards ◽  
Financial Statements ◽  
Financial Accounting ◽  
Role Of Government ◽  
The Government ◽  
The Right ◽  
Medium Enterprises ◽  
Micro Enterprises

The role of government in the development of Micro Small and Medium Enterprises (MSMEs) has been proven by the issuance of Financial Accounting Standards for Non Public Accountantless Entities as well as Accounting Standards for Micro, Small and Medium Enterprises (MSMEs Standard) issued by the Indonesian Institute of Accountants (IAI). The application of standards that have been made by the government requires the right mediator. The most higher education institutions (universities) have human resources (HR) that can help the government to transfer the information. This can be done through Community Service which is one of the Tri Darma Program in University. In general problems in business management for micro enterprises are very diverse. The problems that occur include: marketing (marketing), financing, location, security and making simple financial statements for their entity. Training of financial statement preparation is an offer to answer the problem. The number of micro enterprises in RW 06 area is potential to be assisted by the financial management. Good management requires the support of the business report, in this case is the financial statements. Society needs knowledge to make reporting in accordance with existing standards.

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