Track: Graduate Student Paper Competition

Abstract

Financial statement analysis is the analytical tool to explore and compare the financial statement for the purpose of making business decisions. Cooperatives are one of the business entities that require financial reports to assess how well their financial management is. The Ministry of Religion Employee Cooperative (KOPKA) is an organization engaged in non-bank financial services and goods sales services owned by the Ministry of Religion, with the aim of helping members meet their financial needs, both for business capital needs, business development, education costs, and other emergency fund needs. KOPKA always carries out routine evaluation activities, namely RAT (the annual member meeting), to make accountability reports and cooperative business strategies to prepare work plans for the next period. Therefore, the measurement of financial performance is one of the important benchmarks for business development at KOPKA. A business strategy that can create innovation from novelty is needed to compete globally with competitors. This research is expected to be able to identify evaluations and financial performance as well as design business strategies through analysis of internal and external factors with a SWOT matrix based on data reports from the Ministry of Religion Employee Cooperative for the period 2019-2020.