CPA Australia has partnered with Indonesia’s Ministry of Finance and the Banyuwangi Regency Government to advance financial literacy among micro, small, and medium enterprises (MSMEs).
This initiative is set against the backdrop of Indonesia’s National MSMEs Day, which will take place on 12 August 2025.
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Recently, a financial literacy workshop was conducted for 30 selected MSMEs in Banyuwangi to provide business owners with essential skills and knowledge for preparing financial reports.
The participants were chosen based on their current level of financial understanding, allowing the workshop to focus on practical applications and more sophisticated financial practices.
The Directorate of Financial System Stability and Policy Synchronisation within the Ministry of Finance supported the initiative by outlining available financing options for MSMEs, while the Banyuwangi Regency Government played a role in facilitating the workshop.
This initiative builds on the earlier launch of CPA Australia’s toolkit, “Panduan Pengelolaan UMKM: Mewujudkan UMKM yang Berkembang dan Berdaya Saing,” which was introduced to support the national goal of improving practical financial knowledge among MSMEs.
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By GlobalDataThe choice to conduct the workshop in Banyuwangi aligns with the Ministry of Finance’s pilot project aimed at enhancing financial literacy for MSMEs in the region.
This marks the first instance of CPA Australia conducting such a workshop for MSMEs in Indonesia.
CPA Australia has maintained a presence in the ASEAN region for more than 70 years, starting in Singapore, and has established a strong regional network.
Since the establishment of its Jakarta office in 2011, the organisation has contributed to the professional development of accounting and finance professionals in both governmental and private sectors in Indonesia.
According to CPA Australia’s annual Asia-Pacific Small Business Survey, the growth outlook for Indonesian small businesses is currently at a five-year high, with 83% of respondents indicating growth in 2024.
Earlierin August 2025, CPA Australia partnered with 26 universities under the Muhammadiyah and Aisyiyah networks in Indonesia to promote the growth of accounting professionals.
