Enhancing understanding of contract functions in accounting

Abstract

This community service program aimed to enhance the understanding of the function of contracts in accounting among undergraduate students and the general public. The activity was conducted online via Zoom, in collaboration with a notary from Magelang City to provide professional insights into legal aspects of agreements in accounting practices. The implementation consisted of several stages: initial observation to determine relevant topics and speakers, program preparation including promotional activities and registration, and the main event involving presentations, discussions, and distribution of certificates. The materials covered the definition of agreements, the legal requirements of valid contracts, types of agreements related to business transactions, and their relevance to accounting tasks such as billing letters, tax invoices, and contract documents. The results showed high levels of participation and enthusiasm, with participants actively engaging in discussions and expressing interest in further similar events. This activity successfully contributed to increasing participants’ knowledge and emphasized the importance of legal understanding in accounting. It is recommended that similar community engagement activities be held more frequently to support the realization of the Tridharma of higher education