THE CHALLENGES OF DEVELOPING AND IMPLEMENTING ACCURATE ACCOUNTING

Abstract

This study aimed to identify the challenges in developing and implementing Accurate Accounting (AA) at CV Kajeye Food. The research employed an applied qualitative methodology. The findings revealed obstacles related to the collection of historical data, as the company lacked complete records of previous transactions due to frequent neglect of transaction recording. Efforts are needed to gather historical data to compile AA. Another challenge pertains to understanding the importance of accounting and financial records, requiring time to educate and convince the owner of CV Kajeye Food about the utilization of the AA program in business activities. To date, the owner has been more focused on daily business operations and lacks an accounting background.