Analysis of the Implementation of SAK EMKM in the Preparation of Financial Statements at MS Cell Counter Store in Sunggal District, Deli Serdang Regency

Abstract

This study aims to analyze the implementation of the Financial Accounting Standards for Micro, Small, and Medium Entities (SAK EMKM) in the preparation of financial statements at MS Cell Counter Store, located in Sunggal District, Deli Serdang Regency. This research was motivated by the low quality of manual financial record-keeping, the owner's limited understanding of the structure of financial statements, and the suboptimal preparation of the Notes to Financial Statements (CaLK) in accordance with the applicable accounting standards. This study employed a descriptive qualitative approach using interviews, observations, and documentation as data collection techniques. The findings indicate that the implementation of SAK EMKM has improved the structure of financial record-keeping; however, its implementation has not yet been fully optimized. The store still faces difficulties in distinguishing assets, liabilities, and equity, as well as challenges in preparing comprehensive Notes to Financial Statements. In addition, the use of a manual bookkeeping system hinders the production of accurate and reliable financial statements. The study concludes that although the implementation of SAK EMKM has improved the quality of the financial statements, further enhancement of the owner's technical capacity through training, mentoring, and the adoption of digital accounting systems is necessary to ensure compliance with accounting standards and to support more effective business decision-making.