Entrepreneurial motivation has been one psychological factor that determines the success of MSMEs as it interacts with external factors. However, this has been scarcely studied in relation to women and the success of MSMEs. This study aims to analyze the effects of motivation and external factors on the success of women running MSMEs in the province of Jambi, Indonesia. A survey research methodology through the distribution of questionnaires on the motivation scale and the success of the MSMEs scale that were constructed by the authors was applied. The rating scale of the questionnaires was rated on a five-point Likert scale. A total of 325 women running MSMEs in Jambi City were given and returned the questionnaires. The results showed that motivation, which is comprised of self-confidence, risk-taking, results-orientedness, intelligence, and skills, has a significant effect on the success of MSMEs. Meanwhile, the success of MSMEs is significantly more affected by time and length of effort than loans or funds due to the decreasing trend of demand for goods and services.

In the agricultural sector of Huila, particularly among SMEs in coffee, cocoa, fish, and rice subsectors, the transition to the International Financial Reporting Standards (IFRS) is paramount yet challenging. This research aims to offer management guidelines to support Huila’s agricultural SMEs in their IFRS transition, underpinning the region’s aspirations for financial standardization and economic advancement. Utilizing a mixed-methods managerial approach, data was gathered from 13 representative companies using validated questionnaires, interviews, and analyzed with SPSS and ATLAS.ti. Results indicate that while there is evident progress in IFRS adoption, 12 out of 13 firms adopted IFRS, with rice leading in terms of adoption duration. While 77% found IFRS useful for financial statements, half reported insufficient staff training. The transition highlighted challenges, including asset recognition and valuation, and emphasized enhancing institutional support and IFRS training. Interviews revealed managerial commitment and expertise as significant factors. Recommendations for successful implementation include leadership involvement, continuous professional development, anticipating costs, clear accounting policies, and meticulous record-keeping. The study concludes that adopting IFRS enhances financial reporting quality, urging entities to converge their reporting practices without hesitation for improved comparability, relevance, and reliability in their financial disclosures.

This research paper explores the influence of first-order chemical reactions on the sustainable properties of electrically conducting magnetohydrodynamic (MHD) fluids in a vertical channel with the unique characteristics of Jeffrey fluid flow. The mathematical model of MHD flow with Jeffrey fluid and chemical reaction incorporates the impacts of viscous dissipation, Joule heating, and a non-Newtonian fluid model with viscoelastic properties in the flow regions. The governing equations of the flow field were solved using the finite difference method, and the impacts of flow parameters on the flow characteristics were discussed numerically using a graphical representation. It’s revealed that increasing the Jeffrey parameter results in a decline in the velocity field profiles. Also, species concentration field profiles decline with higher values of the destruction chemical reaction parameter. The findings of this study have significant implications for various engineering applications, including energy generation, aerospace engineering, and material processing. Additionally, the inclusion of Jeffrey’s fluid flow introduces a viscoelastic component, enhancing the complexity of the fluid dynamics.