Volume 07 Issue 12 December 2024
1Fasya Fadila, 2Amelia Rahmi, 3Dr. Dg. Safrina Ag. Budin, 4Mursyid Yusof
1,2Faculty of Economics and Business, Universitas Pakuan, Bogor, Indonesia
3,4Faculty of Business, Economics, and Accountancy, Universiti Sabah Malaysia, Kota Kinabalu, Malaysia
DOI : https://doi.org/10.47191/ijsshr/v7-i12-43Google Scholar Download Pdf
ABSTRACT
This paper explores the integration of accounting knowledge in the innovative context of aquaponics agribusiness, focusing on Akuafarm in Kundasang, Sabah, Malaysia. Aquaponics, a sustainable farming system that combines aquaculture and hydroponics, offers resource efficiency and environmental benefits by creating a closed-loop ecosystem where fish and plants support each other. Despite its potential, Akuafarm faces challenges in financial management, including inadequate cost tracking and unstructured accounting practices, which hinder its long-term sustainability. A community service programme facilitated by Universitas Pakuan and Universiti Malaysia Sabah was conducted to address these issues. Held at Akuafarm's premises, the programme emphasised on aligning accounting practices with the demands of aquaponics operations. Key focus areas included distinguishing fixed and variable costs, such as fish feed and equipment maintenance, and implementing a systematic method for recording income and expenses. Revenue streams, including vegetable sales and agritourism, were categorised to improve financial monitoring, while operational costs such as water use and system maintenance were tracked for better resource allocation.
KEYWORDS:Bal Floral, James Ensor, Installation Art, Local Culture, Color Theory, Color Psychology
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