Journal of International Conference Proceedings (JICP) Vol. 4 No. 1 (2021) Print ISSN: 2622-0989 / Online ISSN: 2621-993X DOI: https://doi.org/10.32535/jicp.v4i1.1160 332 Accountability in Village Owned Enterprises (BUMDes) Based on Sustainable Livelihood Assets Siti Amerieska 1 , Atik Andhayani 2 , Novi Nugrahani 3 Accounting Department, State Polytechnic of Malang 1,2,3 Soekarno Hatta 09, 65144, Indonesia Correspondence Email: siti.amerieska@polinema.ac.id ABSTRACT The number of fraud cases in Village-Owned Enterprises (BUMDes) necessitates the implementation of accountability in order to reduce the potential for corruption or other forms of fraud within the BUMDes entity. Meanwhile, research on accountability in BUM Desa has received little attention. This paper aims to study an accountability model based on Sustainable Livelihood Assets, which include accountability based on asset potential (natural, physical, financial, human, social and cultural assets) that has been institutionalized in the management of BUMDes. This study uses a descriptive qualitative approach with content analysis method and as theoretical triangulation also uses data in the form of interviews with BUMDes directors and staff, village heads, and the community. The result Legal, policy, and compliance accountability for aspects of governance is the main foundation for complying with the regulations set in BUMDes, which states that BUMDes problems in their management are required elements of prudence that prioritize transparency and accountability. Managerial Accountability that emphasis in the managerial aspect is on how to embed the institutional elements of BUMDes that are patterned on administration, reporting, and accountability. It is possible that the procedural system for managing BUMDes includes several aspects such as social for institutional strengthening, the transformation of the environment into management, and the development of BUMDes. Keywords: Accountability, BUM Desa, Sustainable Livelihood Assets JEL Classification Codes: L30, L39, L50 INTRODUCTION The concept of New Public Management (NPM), has become a common thing that public services are carried out by organizations that operate with a management system that collaborates with private and public elements or what is called a hybrid organization. According to (Dhari, 2021), currently the scope of the public sector is in a period of increasing organizational hybridization. Hybrid organizations are organizations that borrow components and logic from three different sectors: namely, the public, private and non-profit sectors(Yanto & Efendi, 2021). However, borrowing characteristics from different sectors, hybrid organizations are considered complex and lacking accountability One form of hybrid organization is Village Owned Enterprises (BUMDes). These BUMDes have special characteristics because they are organizations that have a mixed profile between the public, private and non-profit sectors. A hybrid organization “is said to be market-oriented and operates in a business-like manner to provide public services with public funding and is politically regulated,”. Correspondingly, BUMDes aims to fulfill the social goals of rural communities and do not have to maximize profits. In fact, most BUMDes are devoted to providing essential public services with high environmental impact, such as agricultural, fisheries or water management business units. Based on its social and