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All Journal Amkop Management Accounting Review (AMAR) Advances in Applied Accounting Research Advances in Managerial Auditing Research Advances in Economics & Financial Studies Advances in Taxation Research Advances in Community Services Research
Muslim Muslim
Universitas Muslim Indonesia, Indonesia
Humanities Economics, Econometrics & Finance Social Sciences Other

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Journal : Advances in Community Services Research

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Microenterprise Cash Management Training for Mitigating Financial Distress Kirana Ikhtiari; Nurfadila Nurfadila; Muslim Muslim; Entis Sutisna; Yana Ameliana
Advances in Community Services Research Vol. 1 No. 2 (2023): March - August
Publisher : Yayasan Pendidikan Bukhari Dwi Muslim

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60079/acsr.v1i2.123

Abstract

This community service activity is designed to provide guidance to the Tamangapa Village community, particularly individuals involved in businesses, on effective cash management practices to mitigate the risk of financial failure (financial distress) and enhance their business's survival and competitiveness. The chosen approach for supporting this community service program is the participatory method, which involves direct involvement of partners in all aspects of the activity, starting from the preparation stage through to the implementation of the activities. The primary form of activity is conducting cash management training meetings aimed at preventing financial distress. The research findings resulting from this community service activity indicate that the application of participatory methods and cash management training has led to noticeable improvements in the financial management abilities of the Tamangapa Village communities with businesses. As a result, participants have gained a better understanding of effective cash management practices. Moreover, the evaluation and monitoring of the activity's implementation have demonstrated that participants have become adept at identifying potential risk areas within their businesses that could lead to financial distress. They have also proactively implemented suitable measures to address these risks. Additionally, the participants now recognize the significance of maintaining organized and accurate financial transaction records, which has contributed to enhancing the sustainability and competitiveness of their businesses. The results of this service activity indicate that the cash management model, combined with a participatory approach, is both effective and sustainable in aiding rural communities or areas with high levels of entrepreneurship to overcome financial challenges and bolster the competitiveness of their businesses.
Accounting, Finance and Digital Marketing Education for Business Groups: A Study in Kuala Lumpur, Malaysia Fifi Nurafifah Ibrahim; Sutiawati Sutiawati; Rosmawati Rosmawati; Muslim Muslim
Advances in Community Services Research Vol. 1 No. 2 (2023): March - August
Publisher : Yayasan Pendidikan Bukhari Dwi Muslim

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.60079/acsr.v1i2.141

Abstract

Purpose: The purpose of this study is to explore the importance of effective financial record management practices and efficient marketing techniques for Micro, Small, and Medium Enterprises (MSMEs) in escalating corporate competition. Study design/methodology/approach: This study adopts an exploratory approach to examine the role of accounting as a methodical process encompassing the recording, classification, consolidation, manipulation, and communication of financial information, transactions, and events. It also explores how integrating technology can amplify product marketing endeavors for MSMEs. Findings: The study finds that adopting effective financial record management practices and efficient marketing techniques is crucial for MSMEs in today's competitive business environment. Accounting serves as an essential instrument in aiding financial planning and administration, while the integration of technology facilitates broader outreach to a more comprehensive demographic of consumers. Originality/value: This study highlights the importance of financial record management and marketing for MSMEs and provides insights into how accounting and technology can contribute to their success. The study also emphasizes the significance of providing educational resources, advisory services, and assistance in accounting, finance, and digital marketing to help individuals gain knowledge and improve their financial and marketing skills.
Co-Authors Ahmad Dzaki As'ad Aryati Arfah Asriani Junaid Entis Sutisna Fifi Nurafifah Ibrahim Kirana Ikhtiari Nurfadila Nurfadila Ratna Sari Rosmawati Rosmawati Sutiawati Sutiawati Usman Eleuwarin Yana Ameliana