Research on a system of entrepreneurial financial organization for a community of literature in motion: The Indonesian model

This study aims to photograph the organization of financial initiatives (planning and budgeting, accounting and reporting, internal control, auditing and external supervision) of the literacy community. After photographing the pattern of community financial organization, the research team will formulate a good financial organization system for the sustainability of the community in the future. This study uses a qualitative method by conducting observations and in-depth interviews with the literacy community in NTT Province. Sample selection using convenience sampling method. Data collection was done by observation and in-depth interviews. The data analysis used is SWOT analysis. The results of the study with four informants showed that not all literacy communities did planning, budgeting, accounting, reporting, internal control, auditing and monitoring. This is due to limited resources. In addition, although they understand that financial organization is important, literacy activists feel that they do not need to plan and take responsibility because they carry out their own activities and are also responsible to themselves. The SWOT analysis shows that literacy communities that have implemented a financial organizing system have better budget and performance conditions than communities that have not implemented it. Thus, the researchers designed a financial organizing system for the literacy community according to the needs of the community; starting from planning and budgeting, accounting and reporting, internal control, auditing and external monitoring to help the community achieve its goals.