Financial report preparation using SIAPIK application: A case study on Siomay Super MSME

Abstract

The role of MSMEs is very important in Indonesia; according to data from the Ministry of Cooperatives and SMEs, the contribution of MSMEs to the national GDP is 60.5%. This shows that Indonesian MSMEs have great growth potential, enabling them to make an even greater contribution to the national economy. This community service activity was carried out through two stages, namely the preparation stage and the implementation stage. The results of the findings and discussions are as follows: Preparing good financial reports, such as the statement of financial position, income statement, and cash flow statement, is essential for better corporate governance. The SI APIK application proved effective in simplifying the process of recording and preparing financial reports. Increased knowledge and skills provided direct benefits to MSME owners while also broadening participants' understanding of the importance of accounting and financial reporting in business management. Strengthening the relationship between science and society reflects a good synergy between the world of education and practice in the field, allowing students to interact directly with the community. The community service activity conducted at the Siomay Super MSME successfully achieved its stated goals. Through training and the use of the SI APIK application, business owners gained a better understanding of how to prepare systematic and accurate financial reports. This activity demonstrated the usefulness of the SI APIK application in facilitating financial management and is expected to positively contribute to the development of MSMEs, serving as a model for future initiatives