SAK EMKM-based financial statement preparation assistance and capacity building for BUMDes Administrators in Samosir Regency

Abstract

Village-Owned Enterprises (BUMDes) play an important role in strengthening village economies, making transparent and accountable financial management essential. However, many BUMDes administrators still lack understanding and practical skills in preparing financial statements based on the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM). This community service program aimed to strengthen the understanding and practical skills of BUMDes administrators in Samosir Regency, North Sumatra, in preparing SAK EMKM-compliant financial statements. Twenty-five administrators from three BUMDes participated in participatory training and direct mentoring conducted in three stages: problem mapping and socialization, a financial statement preparation workshop, and independent field mentoring. Before the program, all partner BUMDes recorded transactions in simple, non-standardized notebooks and had never prepared SAK EMKM-compliant financial statements. Following the training and mentoring, participants’ understanding improved, as shown by the average pre-test score increasing from 42.6 to 79.3 on the post-test. At the organizational level, two of the three BUMDes completed all three required components: income statement, statement of financial position, and notes to the financial statements. The remaining BUMDes completed two components. The program strengthened participants’ understanding and skills and supported greater accountability and transparency in BUMDes financial management. Long-term sustainability initiatives should be considered in future activities.