ENHANCING ACCOUNTABILITY IN BUSINESS FUND MANAGEMENT: BUDGET PREPARATION TRAINING FOR INDRAMAYU MSMEs TO SUPPORT SDG 8 IN THE ERA OF GLOBAL COMPETITIVENESS

I Gusti Ketut Agung Ulupui; Tri Hesti  Utaminingtyas; Marsellisa Nindito; Putri Haryani; Karin Utami; Ridho Rambu Bassae; Andrew Saw Tek Wei

doi:10.53067/ije2.v5i3.249

Authors

I Gusti Ketut Agung Ulupui Universitas Negeri Jakarta
Tri Hesti Utaminingtyas Universitas Negeri Jakarta
Marsellisa Nindito Universitas Negeri Jakarta
Putri Haryani Universitas Negeri Jakarta
Karin Utami State University of Jakarta, Indonesia
Ridho Rambu Bassae State University of Jakarta, Indonesia
Andrew Saw Tek Wei Universiti Malaysia Sabah

DOI:

https://doi.org/10.53067/ije2.v5i3.249

Keywords:

MSMEs, Financial literacy, Budget preparation, Digital tools, SDG 8, Indramayu, Community engagement

Abstract

Micro, Small, and Medium Enterprises (MSMEs) in Indramayu face significant challenges related to limited capital and financial literacy, hindering their ability to effectively manage business funds and access necessary financing. This community engagement program aims to enhance the financial literacy and accountability of MSME owners in Indramayu through a budget preparation training program. In collaboration with international partners from Universiti Malaysia Sabah, the program focused on providing practical training on financial management, including budgeting, cash flow management, and financial record-keeping. The initiative aligns with Sustainable Development Goal (SDG) 8, promoting inclusive and sustainable economic growth by improving the business practices of MSMEs. The program successfully improved participants' understanding of basic financial reporting and budgeting, with significant improvements in their ability to manage business funds using digital tools. By equipping MSMEs with the necessary skills, this initiative contributes to enhancing the competitiveness and sustainability of local businesses in a globalized market.

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