The Importance of Presenting Financial Statements to Assess the Performance of Micro, Small and Medium Enterprises (MSMEs)

Abstract

Participating in social activities is a form of community service (PKM) that can be done by a lecturer. Through this participation, it is hoped that lecturers can provide direct benefits to the community. In this PKM activity, the IKPIA Perbanas lecturer team provided counseling related to financial recording to micro, small, and medium enterprises (MSMEs) under the guidance of Jenderal Soedirman University. The problems faced by MSMEs include a lack of knowledge in recording finances for daily transactions. This condition results in untidy financial records and the inability to make simple financial statements. This community service activity is expected to help MSMEs realize the importance of simple financial records for daily transactions in their business so that MSMEs have a simple form of financial statements that can be used to apply for additional capital or other things.