Research Article
Boosting Performance at Pulau Pasaran Cooperative: How Financial Literacy Training with Excel Drives Growth
@INPROCEEDINGS{10.4108/eai.4-9-2024.2353774, author={Nairobi Nairobi and Ernie Hendrawaty and Sudrajat Sudrajat and Neli Aida and Adli Rikanda Saputra}, title={Boosting Performance at Pulau Pasaran Cooperative: How Financial Literacy Training with Excel Drives Growth}, proceedings={Proceedings of the 7th International Conference of Economics, Business, and Entrepreneurship, ICEBE 2024, 4-5 September 2024, Shah Alam, Selangor, Malaysia}, publisher={EAI}, proceedings_a={ICEBE}, year={2024}, month={12}, keywords={financial literacy training microsoft excel reporting cooperative management pulau pasaran cooperative economic empowerment}, doi={10.4108/eai.4-9-2024.2353774} }
- Nairobi Nairobi
Ernie Hendrawaty
Sudrajat Sudrajat
Neli Aida
Adli Rikanda Saputra
Year: 2024
Boosting Performance at Pulau Pasaran Cooperative: How Financial Literacy Training with Excel Drives Growth
ICEBE
EAI
DOI: 10.4108/eai.4-9-2024.2353774
Abstract
This study examines the impact of financial literacy training on the Modern Fishermen's Village Cooperative in Pulau Pasaran, focusing on the use of Microsoft Excel for financial reporting. Financial literacy is essential for improving cooperative performance and sustainability, as it enables members to make informed financial decisions and manage resources effectively. The training provided a simplified approach to financial reporting, enhancing members' understanding and application of financial concepts. While the training was well-received and improved record-keeping and financial awareness, challenges such as varying levels of prior knowledge and limited access to technology affected its effectiveness. Despite these challenges, the training led to increased awareness and clarity in financial reporting. For long-term benefits, ongoing support and follow-up training are needed to address these issues and further improve the cooperative's financial management practices.