Community Service in Building Transparent and Accountable Financial Standard Operating Procedures

Thetty  Surienty Raja Gukguk; Syrifah Fadillah Natasha; Tuti Hermelinda

doi:10.5281/zenodo.11549130

Authors

Thetty Surienty Raja Gukguk Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia
Syrifah Fadillah Natasha Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia
Tuti Hermelinda Accounting Study Program, Economics and Business, Politeknik Raflesia Rejang Lebong, Indonesia

DOI:

https://doi.org/10.5281/zenodo.11549130

Keywords:

Financial Standard, Operating Procedures (SOPs), Non-profit organizations, Transparency Accountability, Community Service

Abstract

Organisations, particularly nonprofits, face more difficult financial management issues in the contemporary era of globalisation and technological innovation. Transparency and accountability are essential for upholding public trust and enabling the efficient use of resources. The objective of this study is to improve financial governance and accountability at the Elsafan Foundation, located in East Jakarta, through the introduction of financial standard operating procedures (SOPs). This research used a qualitative methodology, incorporating participatory approaches, to investigate how staff members and board members perceive and interact with financial standard operating procedures. The study emphasises the significance of Standard Operating Procedures (SOPs) in improving internal controls, optimising operations, and guaranteeing adherence to regulations. The findings suggest that developing customised Standard Operating Procedures (SOPs) specifically tailored to the company's unique requirements is crucial for successful implementation. Furthermore, the study highlights the beneficial influence of implementing Standard Operating Procedures (SOPs) on operational efficiency and transparency. Future endeavours should prioritise the provision of ongoing assistance for the creation and implementation of Standard Operating Procedures (SOPs) within businesses. This study adds to the discussion on financial management in the non-profit sector and highlights the importance of using standardised procedures to ensure openness and accountability

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Author Biographies

Thetty Surienty Raja Gukguk, Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia

Thetty Surienty Raja Guguk
Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia
Syrifah Fadillah Natasha, Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia

Syrifah Fadillah Natasha
Accounting Study Program, Economics and Business, Politeknik Ganesha Medan, Medan, Indonesia
Tuti Hermelinda, Accounting Study Program, Economics and Business, Politeknik Raflesia Rejang Lebong, Indonesia

Tuti Hermelinda
Accounting Study Program, Economics and Business, Politeknik Raflesia Rejang Lebong, Indonesia

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