The Effect of the Application of Accounting Methods on the Quality of MSMEs Financial Statements (Case study in Ponorogo District, Ponorogo Regency)

  • Smita Catur Sudyantara University of Merdeka Malang, Indonesia
  • Tutik Heriana University of Merdeka Malang, Indonesia
  • Rahmad Kurniawan University of Merdeka Malang, Indonesia
  • Takim Mulyanto University of Merdeka Malang, Indonesia
  • Amrih Yuwono University of Merdeka Malang, Indonesia
  • Farmanova Dildora Ashurovna Ph.D student of Bukhara State University, Uzbekistan
DOI: https://doi.org/10.51699/cajitmf.v6i3.973
Keywords: Accounting Methods, Financial Statement Quality, MSMEs, Ponorogo

Abstract

Financial performance is a measuring tool to determine the process of implementing the company's financial resources. It looks at how much the management of the company is successful, and provides benefits to society. MSME business performance will increase due to quality financial reports because it will help in developing their business. This study aims to analyse the effect of accounting methods on the quality of financial statements of MSMEs in Ponorogo District, Ponorogo Regency. The accounting methods used by MSMEs can affect how financial reports are prepared, which has an impact on the accuracy, relevance, and reliability of the financial information presented. Data was obtained through surveys and interviews with MSME owners in the region. The data analysis technique uses a qualitative descriptive approach that is quantified using a Likert scale which is a mixed-method approach. Sampling using convienence sampling technique. The results obtained show that the better the application of accounting methods, the higher the quality of reports on MSME finances and the more structured and standardised the accounting methods used, the higher the quality of the financial information presented. The novelty of the research is that specific research was conducted on MSMEs in Ponorogo District which has not been widely used as an in-depth academic study related to the practice of accounting methods. Data analysis uses nonparametric quantitative statistical analysis (spearman) which is rarely used in studies of MSMEs at the sub-district level, especially in financial reporting.

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Published
2025-07-09
How to Cite
Sudyantara, S. C., Heriana, T., Kurniawan, R., Mulyanto, T., Yuwono, A., & Ashurovna, F. D. (2025). The Effect of the Application of Accounting Methods on the Quality of MSMEs Financial Statements (Case study in Ponorogo District, Ponorogo Regency). Central Asian Journal of Innovations on Tourism Management and Finance, 6(3), 1133-1142. https://doi.org/10.51699/cajitmf.v6i3.973
Issue
Vol. 6 No. 3 (2025): July
Section
Articles

Copyright (c) 2025 Smita Catur Sudyantara, Tutik Heriana, Rahmad Kurniawan, Takim Mulyanto, Amrih Yuwono, Farmanova Dildora Ashurovna

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