Income Statement CV. Source Makmur Pratama Indonesia for the 2021 Period

https://doi.org/10.47194/orics.v2i2.163

Authors

Abstract

Financial statements are one of the important components in the development of a company. However, there are still companies that do not make financial statements according to the applicable rules. This report was prepared with the intention of helping CV. Sumber Makmur Pratama Indonesia in the preparation of good financial statements and analysis of the financial statements made. The financial statements made are income statements with descriptive analysis research methods. The preparation is done by collecting data, determining the accounts to be used, knowing the format to be presented, and including the three main components in the income statement. After the income statement was prepared, a net profit of IDR 632,218,514.50 was obtained and the results of ratio analysis showed that CV. Sumber Makmur Pratama Indonesia has a good turnover of goods and company effectiveness. Hopefully, this report will be useful for CV. Sumber Makmur Pratama Indonesia and other readers in compiling and analyzing company finances that can be useful in making company decisions.

References

Afif, I. R., & Nawirah, N. (2020). Design of financial statement preparation based on SAK EMKM using microsoft excel. Journal of Islamic Accounting and Finance Research, 2(1), 141-152.

Akbar, T. (2017). The determination of fraudulent financial reporting causes by using pentagon theory on manufacturing companies in indonesia. International Journal of Business, Economics and Law, 14(5), 106-113.

Ardila, I., Zurriah, R., & Suryani, Y. (2019). Preparation of financial statements based on financial accounting standards for micro, small and medium entities. International Journal of Accounting & Finance in Asia Pasific (IJAFAP), 2(3), 1-6.

Budisusetyo, S., & Almilia, L. S. (2011). Internet financial reporting on the web in Indonesian: not just technical problem. International Journal of Business Information Systems, 8(4), 380-395.

Caroline, S. D. B. S., & Muda, I. (2022). The Five Financial Statements based on IFRS and How They are Prepared. Journal of Positive School Psychology, 6(3), 2343-2354.

Devi, P. N. C., Widanaputra, A. A. G. P., Budiasih, I. G. A. N., & Rasmini, N. K. (2021). The effect of fraud Pentagon theory on financial statements: Empirical evidence from Indonesia. The Journal of Asian Finance, Economics and Business, 8(3), 1163-1169.

Evana, E., Metalia, M., & Mirfazli, E. (2019). Business Ethics in Providing Financial Statements: The Testing of Fraud Pentagon Theory on the Manufacturing Sector in Indonesia. Business Ethics and Leadership, 3(3), 68-77.

Hermuningsih, S., Kusuma, H., & Cahyarifida, R. A. (2020). Corporate governance and firm performance: An empirical study from Indonesian manufacturing firms. The Journal of Asian Finance, Economics, and Business, 7(11), 827-834.

Muslichah, M., Sunarto, S., Kusnanto, A. A., Indrawati, S., & Hariyanto, H. (2020). The Adoption of Financial Accounting Standards for Small Medium Enterprises by Muslim Entrepreneurs. Journal of Accounting, Business and Management (JABM), 27(1), 54-65.

Pramana, Y., Suprasto, H. B., Putri, I. G. A. M. D., & Budiasih, I. G. A. N. (2019). Fraud factors of financial statements on construction industry in Indonesia stock exchange. International Journal of Social Sciences and Humanities, 3(2), 187-196.

Rumambi, H., Kaparang, R., Lintong, J., & Tangon, J. (2019). The building blocks to construct financial statements of Micro, Small, And Medium Enterprises (MSMEs) of rice farmers groups. International Journal of Academic Research in Accounting, Finance and Management Sciences, 9(4), 1-9.

Saputra, K. A. K., Subroto, B., Rahman, A. F., & Saraswati, E. (2021). Financial management information system, human resource competency and financial statement accountability: a case study in Indonesia. The Journal of Asian Finance, Economics and Business, 8(5), 277-285.

Sumaryati, A., Praptika Novitasari, E., & Machmuddah, Z. (2020). Accounting information system, internal control system, human resource competency and quality of local government financial statements in Indonesia. The Journal of Asian Finance, Economics, and Business, 7(10), 795-802.

Suwanda, D. (2015). Factors affecting quality of local government financial statements to get unqualified opinion (WTP) of audit board of the Republic of Indonesia (BPK). Research Journal of Finance and Accounting, 6(4), 139-157.

Yurisandi, T., & Puspitasari, E. (2015). Financial reporting quality-before and after IFRS adoption using NiCE qualitative characteristics measurement. Procedia-Social and Behavioral Sciences, 211, 644-652.

Published

2021-06-06

How to Cite

Glory, R. (2021). Income Statement CV. Source Makmur Pratama Indonesia for the 2021 Period. Operations Research: International Conference Series, 2(2), 49–53. https://doi.org/10.47194/orics.v2i2.163