Empowering Financial Literacy: Training and Assistance for Batu Kura Forest Farmer Group, Galam Village, Tanah Laut
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Abstract
This study aims to provide training and assistance in preparing financial statements for the Batu Kura Forest Farmer Group in Galam Village, Tanah Laut Regency. The study was conducted in several stages, starting with initial observations to identify the problems faced by the Batu Kura Forest Farmer Group in preparing financial statements, followed by training activities on the importance of preparing financial statements, and assistance in the preparation of financial statements. The findings of the study revealed that the members of the Batu Kura Forest Farmer Group lacked knowledge and skills in preparing financial statements, which hindered their ability to access additional business capital and make informed business decisions. The training and assistance provided by the researchers were well-received by the participants, and they were able to apply the knowledge and skills gained to prepare basic financial statements, such as the Statement of Financial Position and the Statement of Profit and Loss. The study concludes that training and assistance in preparing financial statements can improve the financial management skills of small business owners, enabling them to make better-informed decisions and access additional funding opportunities, thereby enhancing their overall business performance and competitiveness.
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