Peran Anggaran dan Efektivitasnya Dalam Pengendalian Manajemen Pada UMKM
Abstract
This research examines the role of budgets in increasing the effectiveness of management control in Micro, Small and Medium Enterprises (MSMEs). MSMEs are the backbone of the Indonesian economy, making a significant contribution to Gross Domestic Product (GDP) and employment. However, many MSMEs face challenges in effective budget management. This research uses a library study method by collecting data in the form of books, journals and internet articles related to the topic in this research. This research found that the budgeting process consisting of formulation, adoption, implementation and control is very important in the financial management of MSMEs. Obstacles in budgeting in Indonesia include sectoral budget allocation without careful planning and sub-optimal budget management. An efficient and participatory budgeting process can significantly improve the performance of MSMEs. With good budget management, MSMEs can ensure appropriate resource allocation, reduce risks, and achieve strategic goals. This study confirms the importance of budgeting as an essential management tool for organizational success.
Keywords
References
Abongo, S. (2018). The Effect of Budgeting Process on The Financial Performance of Top 100 Small and Medium Firms in Kenya. University of Nairobi.
Akolo, A. O., Mulili, B., & Kiboi, A. (2018). Effects of strategic planning on performance of small and medium enterprises: The case of SMEs in Nairobi. Journal of Strategic Management, 2(4), 65–84.
Chu, H. M. (2015). Factors affecting to budget process in small and medium-sized enterprises (SMEs) in Ho Chi Minh City-Vietnam. Master’s thesis. Ho Chi Minh City University of Technology.
Denney, A. S., & Tewksbury, R. (2013). How to write a literature review. Journal of Criminal Justice Education, 24(2), 218–234.
Ho, A. T. (2018). From performance budgeting to performance budget management: theory and practice. Public Administration Review, 78(5), 748–758.
Kiiru, S. M., Kamau, J. G., & Nzioki, P. M. (2018). Effect of budget planning on financial performance of small and medium enterprises in Nakuru town central business district. International Journal of Business Management and Processes (ISSN 2616-3209), 4(2).
Martí, C. (2013). Performance budgeting and accrual budgeting: A study of the United Kingdom, Australia, and New Zealand. Public Performance & Management Review, 37(1), 33–58.
Nair, S., Osamah, A. A., & Salwa, A. (2020). The budgetary process and its effects on financial performance: A study of Small and Medium-Sized Enterprises in Yemen. International Journal of Innovation, Creativity and Change, 14(4), 816–834.
Nguyen, T. T. T. (2019). Analysis of the management process to enhance SMEs performance in Ho Chi Minh City. International Journal of New Technology and Research, 5(12), 9– 15.
Novick, D. (1967). Program budgeting: program analysis and the federal budget. Harvard University Press.
Nwanyanwu, L. A., & Ogbonnaya, A. N. (2018). Budgetary control and financial performance of small and medium sized enterprises in Rivers State. International Journal of Economics and Financial Management, 3(1), 66–73.
Putri, Y. R., & Solikhah, B. (2018). Organizational commitment, information asymmetry, and the nature of conscientiousness as moderating the relationship of budget participation to budgetary slack. Accounting Analysis Journal, 7(3), 176–182.
Ralev, R. (2019). Guidelines for effective management of the municipal budget. International Scientific and Practical Conference Bulgaria of Regions 2018.
Sitharam, S., & Hoque, M. (2016). Factors affecting the performance of small and medium enterprises in KwaZulu-Natal, South Africa. Problems and Perspectives in Management, 14(2), 277–288.
Tran, H. T. T. (2015). Challenges of small and medium-sized enterprises (SMEs) in Vietnam during the process of integration into the ASEAN Economic Community (AEC). International Journal of Accounting and Financial Reporting, 5(2), 133–143.
Tuan, V. K., & Rajagopal, P. (2022). The mediating effect of the budget process on the performance of small-and medium-sized enterprises in Ho Chi Minh City, Vietnam. Vuong, T. K. (2023). The State of Art in the Effective Budget Process for Small and Medium Sized Enterprises. International Journal of Economics and Financial Issues, 13(4), 66.
Most read articles by the same author(s)
- Dody Kurniawan, Lukman Hakim Sangapan, Robertus Suraji, Analisis Keberhasilan Pemasaran Digital UMKM di Indonesia melalui Pendekatan Pluralistik Paul Feyerabend , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 2 (2024): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
Similar Articles
- Dody Kurniawan, Lukman Hakim Sangapan, Robertus Suraji, Analisis Keberhasilan Pemasaran Digital UMKM di Indonesia melalui Pendekatan Pluralistik Paul Feyerabend , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 2 (2024): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
- Khomarudin Jein, Farhan Febriansyah Putra, Mayang Puspita Ayu, Dhea Syifa Khaerunisa, Aditya Agung Pambudi, Ni Nyoman Sawitri, Pengaruh Likuiditas, Profitabilitas dan Debt to Equity Ratio terhadap Harga Saham Perusahaan SubSektor Pertambangan Batubara yang Terdaftar di BEI Tahun 2022-2023 , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 1 (2024): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
- Alma Khairani, Novita Wahyu Setyawati, Fransiscus Dwikotjo Sri Sumantyo, Pengaruh Brand Image, Program Gratis Ongkir dan Variasi Produk terhadap Keputusan Pembelian Produk Wardah Everyday BB Cream di Marketplace Shopee , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 3 (2025): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
- Friska Monika Sari Siagian, Muhammad Richo Rianto, Jhonni Sinaga, Adler Haymans Manurung, Analisis Pembentukan Portofolio Optimal Saham-Saham Big Bank di LQ-45 Menggunakan Model Elton dan Gruber di Bursa Efek Indonesia Periode 2019-2023 , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 3 (2025): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
- Desy Puspita Sari, Novita Wahyu Setyawati, Franciscus Dwikotjo Sri Sumantyo, Pengaruh Social Media Marketing, Brand Image dan Kualitas Produk terhadap Keputusan Pembelian Sunscreen Azarine di Platform Tiktok , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 3 (2025): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
- Nadya Alya Nurjihan, Rycha Kuwara Sari, Ferawaty Puspitorini, Analisis Pengaruh Beban Kerja dan Disiplin Kerja terhadap Kinerja Karyawan di PT Jasa Prima Logistik BULOG Cabang DKI Jakarta dan Banten , Fibonacci: Jurnal Ilmu Ekonomi, Manajemen dan Keuangan: Vol. 1 No. 4 (2025): Fibonacci: Jurnal Ilmu Ekonomi, Manajemen, dan Keuangan
You may also start an advanced similarity search for this article.