BANDUNG-Indonesian Accountants Association (IAI) launched Micro Small Medium Entities Financial Accounting Standars (SAK EMKM) in the event of the National Accounting Convention which took place in Trans Hotel, Jalan Gatot Subroto, Bandung, Wednesday (7/12).
IAI chairman Mardiasmo said SAK EMKM published IAI for helping SMEs become more transparent, efficient and accountable that can grow greater.
"Furthermore, we will assist them in taking care of taxation and subsequently will be able to prepare financial statements properly, "he said.
West Java will be a pilot project in using SAK EMKM. Socialization will soon be coming in January 2017.
"If the accounting improved then banks will easily help in capital loans sector, "he said. jo