Abstract: The aim of this paper is to investigate the importance of SAK EMKM from MSMEs’ perception and to know whether SAK EMKM is useful on perception of MSMEs or not. A descriptive qualitative research applying semi-structured interviews and Focus Group Discussion (FGD) was carried out with six MSMEs in Lampung, Indonesia. It was revealed that MSMEs in Lampung find SAK EMKM important for their business for various reason, such as striving for administrative discipline, simplifying funding proposal progress to banks, and developing their businesses to bigger entities. This study helps to motivate MSMEs to learn more about accounting information for better financial reporting, helping government help MSMEs’ to gain credit access, and helping IAI find out the reason MSMEs in Lampung have not implemented SAK EMKM.
Keywords: Indonesia, Accounting Standard, Micro, Small, and Medium Entities (MSMEs), Accounting Standard for MSMEs (SAK EMKM), Institute of Indonesia Chartered Accountants (IAI)
Title: MSMEs’ Perception Towards the Usefulness of Accounting Standard for MSMEs (SAK EMKM)
Author: Ayu Fatmawati, S.E., Susi Sarumpaet, Ph.D, Dewi Sukmasari, M.S.A
International Journal of Social Science and Humanities Research
ISSN 2348-3156 (Print), ISSN 2348-3164 (online)
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