Authors : Hartiningsih Astuti

Volume/Issue : Volume 8 - 2023, Issue 6 - June

Google Scholar : https://bit.ly/3TmGbDi

Scribd : https://tinyurl.com/5dmeh9vk

DOI : https://doi.org/10.5281/zenodo.8204308

Abstract : Financial reports are very important for business development, basically financial reports present a clear picture of the income, costs, profits and losses generated by the company in a certain period. Financial reports that are presented in an accountable manner can assist companies in making the right decisions, as a basis for planning business strategies, as an attraction for investors and able to provide an overview of the sustainability of the company's business. Empirical studies show that the importance of the role of education level and work experience in determining the accountability of recording financial statements based on applicable financial accounting standards. The results of research conducted on 70 micro, small and medium enterprises which were analyzed quantitatively found that the level of education has no significant effect on the accountability of financial statements. record financial reports based on financial accounting standards. This study also found that work experience has a significant and positive effect on the accountability of recording financial statements. This study found that the longer a person's work experience will determine the success of micro, small and medium enterprises in recording financial reports based on applicable financial accounting standards. Companies in presenting financial reports according to standards can be done by strengthening one's work experience, the longer the work experience will have an impact on the better the financial reports presented.

Keywords : Level of Education, Work Experience, Recording of Financial Reports