Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2021)

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Digital Transformation of Service Business SME Financial Report

Authors
Sri Hastutik1, *
1Faculty of Economics and Business, Wisnuwardhana University Malang, Indonesia
* Corresponding author. E-mail: srihastutik@wisnuwardhana.um.ac.id
Corresponding Author
Sri Hastutik
Available Online 23 November 2021.
DOI
10.2991/aebmr.k.211115.044How to use a DOI?
Keywords
Digital Transformation; Software; Financial Reports; Trading Business; SME
Abstract

Aim from this study to determine the Digital Transformation of Financial Statements of SMEs in the trading service business in Malang with the accompanying elements. The method used is a qualitative approach, using field research. The research instrument was carried out by the researcher himself with the process of listening, observing, interviewing business actors, and taking data according to the research topic. The results show that the digital transformation of SME Financial Reports from manual to digital carried out by this company is very good by using software with financial accounting standards and the elements in the financial statements meet the standards. In conclusion, the implications of the study show that digital recording makes it easier for users (companies) to find out the current condition of their company. The weakness of this study is that financial software features such as financial ratios and cash flow statements do not yet exist, this is useful for analyzing finances as an assessment of company performance and seeing the company’s future. This weakness can be developed for further researchers to explore more deeply and can be used as community service to introduce the importance of financial ratio analysis and corporate cash flow for SMEs.

Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

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Volume Title
Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2021)
Series
Advances in Economics, Business and Management Research
Publication Date
23 November 2021
ISBN
10.2991/aebmr.k.211115.044
ISSN
2352-5428
DOI
10.2991/aebmr.k.211115.044How to use a DOI?
Copyright
© 2021 The Authors. Published by Atlantis Press International B.V.
Open Access
This is an open access article under the CC BY-NC license.

Cite this article

risenwbib
TY  - CONF
AU  - Sri Hastutik
PY  - 2021
DA  - 2021/11/23
TI  - Digital Transformation of Service Business SME Financial Report
BT  - Proceedings of the BISTIC Business Innovation Sustainability and Technology International Conference (BISTIC 2021)
PB  - Atlantis Press
SP  - 297
EP  - 306
SN  - 2352-5428
UR  - https://doi.org/10.2991/aebmr.k.211115.044
DO  - 10.2991/aebmr.k.211115.044
ID  - Hastutik2021
ER  -