Preparation of Financial Statements Based on SAK EMKM for the Banjar-Style Grilled Fish and Chicken MSME in Palembang

Abstract

This study was conducted to analyze simple financial recording and financial reporting based on the Indonesian Accounting Standards (SAK) for Small and Medium Enterprises (SMEs) selling Banjarese Grilled Chicken and Fish in Palembang. This study employed a descriptive qualitative method, complemented by observation, interviews, and documentation. The data collected included sales transactions, raw material purchases, operational costs, and business assets for the period from January to December 2025. The results showed that before the implementation of SAK for Small and Medium Enterprises (SMEs), MSMEs merely recorded income and expenses and did not produce standardized financial reports. After the implementation of accounting standards, MSMEs successfully prepared financial position, profit and loss statements, and CALK reports based on SAK for Small and Medium Enterprises (SMEs). This can provide systematic and understandable financial information, thus serving as a benchmark for assessing financial performance and supporting business decision-making. The results revealed that preparing financial reports in accordance with SAK for Small and Medium Enterprises (SMEs) can improve the quality of financial reports and help business owners manage their business finances more effectively.