Capacity Building in Financial Reporting: Training Program for Financial Administrators at CV. Jaya Utama Consultant

Abstract

This community service initiative aimed to strengthen the capacity of financial administrators at CV. Jaya Utama Consultant in preparing accurate, systematic, and standardized financial statements, addressing the identified gap in their technical skills and knowledge. The primary objective of the program was to close the gap between academic theory and professional practice, thereby equipping participants with the ability to apply accounting principles proficiently within real-world business environments. The training was structured into comprehensive modules delivered through lectures, interactive discussions, and hands-on practice sessions using simulated company data. Participants were guided step-by-step through the entire accounting cycle, from transaction record and journal preparation to ledger posting, trial balance preparation, and the generation of income statements and balance sheets. Data collected from observations, discussions, and participant feedback indicated significant improvement in their technical competence, understanding of accounting concepts, and ability to produce coherent and accurate financial reports. Furthermore, the training fostered a deeper appreciation of financial transparency, accountability, and the role of financial reporting in informed decision-making. These findings suggest that targeted, practice-oriented training programs can have a tangible impact on improving organizational financial governance. In conclusion, the program successfully met its objectives and is recommended to be continued and expanded in scope as a recurring professional development initiative for similar organizations.

Keywords: community service, financial statements, training, accounting