International Journal of Accounting, Management, Economics and Social Sciences (IJAMESC)
Vol. 1 No. 4 (2023): August

THE INFLUENCE OF FINANCIAL LITERACY AND QUALITY OF FINANCIAL STATEMENTS ON THE PERFORMANCE OF MSMES IN MEDAN MARELAN

Amin Hou (Universitas Mahkota Tricom Unggul, Indonesia)



Article Info

Publish Date
03 Aug 2023

Abstract

This study aims to find out whether financial literacy and the quality of financial reports affect the financial performance of MSMEs in Medan-Marelan in 2023. The method used in this research uses quantitative methods. Furthermore, the data collection technique uses a questionnaire. The data analysis technique uses multiple linear regression analysis with the help of IBM SPSS Software. The research results show that (1). Financial Literacy Affects the Financial Performance of MSMEs in Medan-Marelan City in 2023. The more often financial literacy is carried out by individuals, the better the level of knowledge related to financial management will affect the financial management of a business or activity carried out. (2). The quality of financial reports affects the Financial Performance of MSMEs in Medan-Marelan City in 2023, the better the financial reports prepared by someone, all information will be easily received so that it will affect the financial performance of a business or organization. (3). Financial literacy and quality of financial reports simultaneously affect the Financial Performance of MSMEs in Medan-Marelan City in 2023

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Journal Info

Abbrev

go

Publisher

Subject

Humanities Economics, Econometrics & Finance Education Law, Crime, Criminology & Criminal Justice Social Sciences

Description

International Journal of Accounting, Management, Economics and Social Sciences (IJAMESC) is an open access, peer-reviewed, and refereed journal published by PT. ZILLZELL MEDIA PRIMA. The main objective of IJAMESC is to provide an intellectual platform for the international scholars. IJAMESC aims to ...