Application of the "CANVAS MODEL" to Accounting Information Systems and Business Diversification (Study of Village-Owned Enterprises in Jambi Province)

Abstract

The implementation of Government Regulation No. 11 of 2021 provides legal certainty for villages and/or together with other villages to manage businesses, utilize assets, develop investments and productivity, provide service offerings, and/or offer other types of businesses for the utmost welfare of the people. However, since Government Regulation No. 11 of 2021 has only recently been implemented, it poses a challenge for researchers to examine the readiness of the existing Village-Owned Enterprises (BUMDes) in Jambi Province in facing it. Research findings from 2021 indicate that the implementation of this regulation impacts the change in execution rules and accounting systems, which must be supported by improved capacity and capabilities of human resources. This study aims to classify the accounting information system of BUMDes and the diversification of BUMDes businesses to meet the going concern principle based on local wisdom/content. The data for the study were obtained through secondary data and questionnaires, then analyzed using the CANVAS model.

Keywords: Village-Owned Enterprises (BUMDes), Accounting Systems, CANVAS Model

DOI: 10.7176/EJBM/16-4-01

Publication date: May 30th 2024