Analysis of fixed assets accounting implementation in Micro, Small and Medium Enterprises (MSMEs) units in Jember

Abstract

One form of investment that has great value and high risk for Micro, Small and Medium Enterprises (MSMEs) engaged in services is fixed assets. The high risk of damage to fixed assets requires the recording of correct fixed assets, and reliable procedural implementation in accordance with the provisions of the SAK EMKM (Micro Small and Medium Entity Financial Accounting Standards). This study aims to analyze the implementation of fixed asset accounting in MSMEs in Jember. This research is a descriptive study with a qualitative approach to analyze and describe the implementation of fixed asset accounting in MSMEs engaged in business and services in Jember Regency. The object of the research was conducted in Jember, which engaged in business and services including Photocopy service, Play Station rental, Car Rental, and Laundry service. The period of study is 3 (three) months. The data collecting method consists of observation methods, document methods, interview methods, and literature. The data analysis method that is used in this study is a descriptive-qualitative analysis method. The results of the study proved that the implementation of fixed asset accounting in Jember MSMEs is in accordance with the SAK EMKM, especially in the recognition and release of fixed assets in all MSMEs that had been studied, by selling. However, in recognition of prices and methods of price depreciation, there is a discrepancy between those stipulated in SAK EMKM and those used in MSMEs.