Strengthening Financial Accountability and Tax Compliance Through the Preparation of Consolidated Financial Statements under Private Entity Accounting Standards: A Case Study of a Leading Cooperative in Gianyar

DOI

10.2991/978-94-6239-809-2_42How to use a DOI?

Keywords

Financial Accountability; Financial Accounting Standards for Private Entities; Financial Statements; Leading Cooperatives; Mentoring

Abstract

This Community Service Program, conducted by the Department of Accounting, Politeknik Negeri Bali, aims to enhance the competence of financial statement preparation and financial management within leading cooperatives. This program is motivated by the development of accounting standards and regulatory requirements that demand cooperatives prepare financial statements that are accountable, transparent, and in compliance with applicable regulations. The method used in this program is an integrated mentoring approach that combines the improvement of technical accounting skills with the preparation of financial statements based on the Financial Accounting Standards for Private Entities. This activity involved at least 15 members of leading cooperatives who actively participated in cooperative member schools coordinated by Koperasi Jujur Utama Mandiri. The program also involved students as a form of technology and knowledge transfer to the community, as well as the implementation of an impact-oriented curriculum that encouraged the active involvement of higher-education institutions in strengthening cooperative institutional capacity. The results of the mentoring program revealed three main findings: First, the implementation of accounting standards applicable in 2025 presents challenges for cooperatives in determining the recognition of effective interest revenue and appropriate calculation of post-employment benefits liability. Second, the issuance of Government Regulation No. 20 Year 2026 requires leading cooperatives to make various adjustments in governance and financial reporting practices. Third, the mentoring activities successfully improved the participants’ understanding of financial statement preparation in accordance with applicable standards and enhanced their readiness to respond to regulatory changes.

Copyright

© 2026 The Author(s)

Open Access

Open Access This chapter is licensed under the terms of the Creative Commons Attribution-NonCommercial 4.0 International License (http://creativecommons.org/licenses/by-nc/4.0/), which permits any noncommercial use, sharing, adaptation, distribution and reproduction in any medium or format, as long as you give appropriate credit to the original author(s) and the source, provide a link to the Creative Commons license and indicate if changes were made.

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TY  - CONF
AU  - I Nyoman Darmayasa
AU  - I Putu Andika Pratama
AU  - I Made Bagiada
AU  - Dewa Ayu Eny Wulandari
AU  - I Made Arjawa Paramartha
PY  - 2026
DA  - 2026/10/24
TI  - Strengthening Financial Accountability and Tax Compliance Through the Preparation of Consolidated Financial Statements under Private Entity Accounting Standards: A Case Study of a Leading Cooperative in Gianyar
BT  - Proceedings of the International Conference on Sustainable Green Tourism Applied Science - Social Applied Science 2026 (ICoSTAS-SAS 2026)
PB  - Atlantis Press
SP  - 435
EP  - 443
SN  - 2352-5398
UR  - https://doi.org/10.2991/978-94-6239-809-2_42
DO  - 10.2991/978-94-6239-809-2_42
ID  - Darmayasa2026
ER  -