Date: 17-09-2019 Digital Publication Services : JABM | JAM | ABMR | ABMCS | BLOG

Faculty Research

TRADITIONAL MARKET ACCOUNTING: MANAGEMENT OR FINANCIAL ACCOUNTING

Detail
Author WIYARNI
ID 202.710.132
Published Date 17-03-2017

Abstract

Traditional Market Accounting: Management of Financial Accounting Wiyarni Abstract The purpose of this study is to ecplore the area of accounting in traditional market. There are two reas of accounting: management and financial accounting. Some of traditional market traders have prepared financial notes, whereas some of them do not. Their financial notes usually consist of receivables, payables, customer orders, inventories, sales and cost price, and salary expenses. The purpose of these financial notes is usually for decision making. It is very rare for the traditional market traders to prepare financial notes for ecternal users, such as vendors, creditors, and customers. This is because their transaction with vendors, creditors, and customers are very simple. This study used interpretive paradigm. Data was collected using deep interview and direct interaction with four informants from three traditional markets. Data is analyzed by organizing them, breaking them into manageable units, coding them, synthesizing them, and searching for patterns. Based on the analysis, this study found that the accounting area of traditional market activities is management accounting rather than financial accounting.