iarjbmIARJBMIARJBM2708-5147https://doi.org/10.47310/iarjbm.2024.v0i502.001Preparation Of Financial Reports Based on Financial Accounting Standards for Micro Small to Medium Entities at The Royal Laundry Business in PontianakFransiskoDoiHelisaNoviartiHaryonoTanjungpura University, Indonesia, Helisa Noviarti and Haryono, Indonesia.Financial Accounting Standards for Micro, Small and Medium Entities is one of the financial standards established to make it easier for MSMEs to prepare and present financial reports that are simpler and easier to understand for investors and creditors to provide financing assistance to MSME entrepreneurs. This condition occurred at UMKM Royal Laundry; a laundry service business located inJl. Parit H. Husein II Komp Balimas 3 No. A24, Bangka Belitung Darat, Southeast Pontianak.Royal Laundry UMKM has been established for a long time but until now it has not been able to implement SAK EMKM properly. This background is what attracted researchers to choose the title Application of Preparing Financial Reports Based on Financial Accounting Standards for Micro, Small and Medium Entities (SAK EMKM) in Royal Laundry MSMEs. SAK EMKM consists of three components, namely: financial position report, profit and loss report and notes to financial reports. This research uses a qualitative method with a descriptive approach. This research was carried out in three stages, namely: Data collection was carried out by observation, interviews, literature study and documentation. Presentation of data analysis. The results of this research show that the financial recording system at Royal Laundry MSMEs is still recorded manually and is still very simple, the reason for recording financial reports is still simple because business owners still do not understand how to prepare financial reports that comply with accounting standards and because of limited understanding, so to prepare financial reports in accordance with SAK EMKM are still not implemented. This research is also expected to provide information for Royal Laundry MSME owners in implementing SAK EMKM.