Analisis Penerapan Standar Akuntansi Keuangan Entitas Tanpa Akuntabilitas Publik (Sak Etap) pada Laporan Keuangan Badan Usaha Milik Desa “Tanjung Abadi” Desa Tanjung Kecamatan Kedamean Kabupaten Gresik

Tanjung Abadi Village-Owned Enterprise (BUMDes), located in Tanjung Village, Kedamean Subdistrict, Gresik Regency, was established with the aim of managing businesses that can improve the welfare of the village community through the management of revolving funds and various other business units. This research uses a qualitative approach with a descriptive analysis method to evaluate the application of accounting principles in the BUMDes financial statements. The focus of the analysis includes revenue recognition, asset management, and the presentation of transparent and accountable financial statements. The analysis shows that BUMDes Tanjung Abadi has implemented accounting principles in accordance with applicable standards, such as the use of historical costs and the accrual basis. However, there are several challenges faced, including limited initial capital which is the main issue. The absence of contributions from founders or other sources can hinder further business development. Apart from that, uncertainty in revenue recognition is also a concern, especially when revenue is recognized without receipts as proof of paymen