Uncovering the Meaning of Accountability: Is the Village Owned Enterprises (BUMDes) Accountable?

Abstract

This study aimed to understand how Village-Owned 
Enterprises (BUMDes) implement accountability, 
transparency, and community involvement. BUMDes, 
funded initially by the Village Fund Allocation (ADD) from the 
State Budget (APBN), need to be accountable, transparent, 
and involve the community. The research used a Descriptive 
Qualitative and Phenomenological approach, gathering data 
through interviews with BUMDes management and 
analyzing financial statements and relevant documents. 
Findings showed that BUMDes use village funds as initial 
capital, regularly share financial statements, but face 
challenges in understanding accounting treatments. The 
study suggests improving accountability, providing 
information through village channels, and involving the 
community in BUMDes decisions through participatory 
principles.