Jurnal Akuntansi

Commitment of Budget Planning and SPIP Moderating Organizations to Budget Absorption

Sri Ayem — 2024-11-01

Purpose -The purpose of this study was to determine whether budget absorption is increased
through budget planning. To determine whether budget absorption is increased by the
government's internal control system, to determine whether organizational commitment can
increase budget absorption while reducing the impact of budget planning, to determine the
possibility that organizational commitment can mitigate the benefits of the government's
internal control system on budget absorption.
Design/methodology/approach - Data collection using a questionnaire with a research
sample of 90 respondents. The data analysis tool used multiple regression with the F test and
t test.
Findings - The findings of the analysis indicate that organizational commitment can
mitigate the impact of budget planning and the government's internal control system on
budget absorption. Budget planning has a negative impact on budget absorption, while the
government's internal control system has a positive impact.
Research limitations/implications - The conclusion of this study is to describe the
theoretical implications by adding new literature and insights into regional finances and
providing ideas for further research so that the Kulon Progo Regency OPD can improve its
ability to maximize the budget planning that has been prepared and implement the
government's internal control system effectively, efficiently and sustainably so that all
organizational goals, especially budget absorption, can run well proportionally every
quarter. And budget absorption at the end of the year, can be achieved according to target.

Keywords: Budget Absorption, Government Internal Control System,
Organizational Commitment

Implementation of Accounting Information Systems Using the Bank Indonesia APIK SI Application in MSMEs

Putri Wulandari Hari Rachman — 2024-11-01

Purpose –This research aims to analyze and implement the SI APIK application that can assist
and manage financial records and financial reports at the company.
Design/Methodology/Approach - This research uses a qualitative method with a case study
approach, which aims to study and investigate a phenomenon or event for individuals. This
research also conducted several data collection techniques such as interviews, observations,
and documentation. This method is used to analyze the implementation of the SI APIK
application at PT Dinara Indonesia Solusindo.
Findings - The results of implementing an accounting information system using the SI APIK
application in three subsidiaries of PT Dinara Indonesia Solusindo, namely, Dinara Wooden
Heels, Dinara Travelindo, and Calico Jajananku, found that the SI APIK application makes it
easier for PT Dinara Indonesia Solusindo to record daily transactions and prepare financial
reports according to SAK EMKM, so that owners get financial information in the form of
financial statements quickly.
Research Limitations/Implications - The limitation of this research is that it only focuses on
one company, namely PT Dinara Indonesia Solusindo. The results of this study provide
implications so that business owners can implement the SI APIK application to facilitate
financial management and decision making.

Keywords: Accounting Information System, Financial Statements, SI APIK

Integrating Internal Control and User Competence: Enriching Accounting Information System Quality

Rapina Rapina — 2024-11-01

Purpose - This study aims to investigate how user competency and internal controls help to
improve the quality of accounting information systems (AIS) in enterprises. The study
intends to discover how these characteristics influence the usefulness of the Accounting
Information System notably with respect to financial data quality overall decisions being
made.
Design/methodology/approach - The focus of this study discusses the data that has been
taken from 94 respondents registered as civil servants at several departments in PT Pos
Indonesia. To analyze this relationship of user competency, internal controls and AIS quality
a research methodology for the investigation into Partial Least Square-Structural Equation
Modeling (PLS-SEM) is adopted.
Findings - The findings of PLS-SEM analysis reveal that they both seem to play significant
roles in enhancing the quality level of AIS. Proficient operators will be able to navigate the
system easily, input data accurately and interpret outputs properly thus lowering mistakes in
financial reporting. To ensure data integrity, control fraud and keep a clean system of record
various internal controls such as dual verification, segregation of roles or regular audits are
essential.
Research limitations/implications - The study refers to the responses given by PT Pos
Indonesia so it is not generalisable for other organizations or industries. Further study should
consider businesses having different scales of operations to increase the validity in results.
From a practical standpoint, the study has implications for investing in users training and
development as well as on setting up strong internal control mechanisms to reduce AIS
performance shortfall that influences judgment making reasoning within organizations.
These require integrity, a strong fraud prevention and transaction record keeping.

Keywords: User Competence, Internal Controls, PLS-SEM

Institutional Ownership and Intellectual Capital Determining Factors in the Value of Textile and Garment Companies

Aurrel Azalea Cesarena Putri — 2024-11-01

Purpose – This study investigates the influence of institutional ownership and intellectual
capital on the valuation of textile and garment manufacturing firms listed on the Indonesia
Stock Exchange (BEI) between 2018 and 2022.
Design/Methodology/Approach - This research is a quantitative study that employs
secondary data obtained from literature and documentation investigations. The data for this
research was acquired from the IDX website and the official websites of each firm listed on
the Indonesia Stock Exchange between 2018 and 2022. The research sample comprised 14
companies, from which a total of 70 data points were collected using purposive sampling.
Data analysis encompasses several statistical techniques such as classical assumption testing,
multiple linear regression, correlation, determination, partial tests, and simultaneous tests.
These techniques are performed using IBM SPSS version 26 software.
Findings - The research findings indicate the presence of institutional ownership exerts a
detrimental influence on the overall value of a company. Conversely, intellectual capital has
a beneficial influence on the value of a corporation.
Research Limitations/Implications - The impact of the following research is that it can
become a basis for developing knowledge about company value as additional information and consideration in an investment. However, the limited availability of data, particularly when
organizations do not supply comprehensive and reliable information, diminishes the statistical
power of research. This, in turn, decreases the likelihood of discovering a genuine association,
making it difficult to make generalizable conclusions.

Keywords: Institutional Ownership, Intellectual Capital, Company Value

Political Connections, Board Gender Diversity, and Institutional Ownership on Tax Avoidance

Joseph Febian Pontoh — 2024-11-01

Purpose - This study aims to analyze the influence of Political Connections, Board Gender
Diversity, Institutional Ownership on Tax Avoidance.
Design/methodology/approach - The research method is quantitative using secondary data.
The population used is the Property and Real Estate sector companies listed on the IDX
(Indonesia Stock Exchange) for 2018-2022 period. Sampling technique used purposive
sampling, obtained 70 observation data. Data analysis techniques using multiple linear
regression analysis, correlation coefficient, coefficient of determination, t test, f test using
SPSS 26 software.
Findings - Based on the results of research and discussion, it shows that Political Connections,
Board Gender Diversity, Institutional Ownership have a significant partial and simultaneous
effect on Tax Avoidance.
Research limitations/implications - The first research limitation, the sector used in this study
is just one of those that is listed on the IDX, while there are still many sectors that are not
used. Second, the study period is limited to five years. Third, many other variables that can
affect tax avoidance are not examined in this study.

Keywords: Political Connections, Board Gender Diversity, Institutional Ownership, Tax
Avoidance

Reasons for Not Choosing Accounting Profession – Behavioral and Normative Conviction

Mardiana Mardiana — 2024-11-01

Purpose - Career choice among students is a crucial factor influencing career success and
industry development. Accounting is one of the frequently chosen professions; however, there
is a trend showing that some students tend to avoid this field. To understand this phenomenon in greater depth, this study aims to analyze how students' beliefs affect their thought patterns, attitudes, and subjective norms in the context of career choice, and to understand the reasons behind their tendency to avoid choosing an accounting profession at a private higher education institution, using the Theory of Reasoned Action (TRA) as the analytical framework.
Design/methodology/approach - This research approach is quantitative, and the data used in
this study were collected through the distribution of questionnaires. Surveys were
electronically sent to third and final-year students among 100 students at private higher
education institutions in West Java over a period of two months.
Findings - The results confirmed the simplified TRA model and indicated that behavioral
beliefs (such as difficulties with accounting and higher salaries in other professions) and
normative beliefs (such as parental influence), through individual attitudes and subjective
norms, affect students' decisions to pursue a career in accounting at certain private higher
education institutions. The findings suggest that accounting programs at some private higher
education institutions should have initiatives to encourage students to develop an interest in
accounting, such as recruiting professional accountants as practitioners to provide motivating
activities and assist students in learning more about the field.
Research limitations/implications – Additionally, more practical information should be
included in accounting courses, along with effective teaching strategies, and internships and
required courses should be incorporated into the college curriculum and actively shared on
social media.

Keywords: Theory of Reasoned Action (TRA), Convictions, Accounting Career

The Changes in Budget Tightening and Emotional Exhaustion: Role Ambiguity as Mediator and Trust as Moderator

Chindy Anggraeni Luthfihani — 2024-11-01

Purpose - This study aims to determine how changes in budget tightness, emotional
exhaustion, role ambiguity and trust in senior management after the Covid-19 Pandemic
affected the hospitality industry in West Java.
Design/methodology/approach - This study uses a quantitative approach with data collection
through questionnaires distributed online to 121 hospitality industry managers in West Java.
The sample selection was randomized.
Findings - The results showed that budget tightness affects role ambiguity, role ambiguity
affects emotional exhaustion, trust in senior management strengthens the relationship between
budget tightness and role ambiguity.
Research limitations/implications - The implication of these findings is that the hospitality
industry should prepare for future challenges by strengthening trust between management and
employees, reducing role ambiguity through clear communication of job expectations, and
managing emotional exhaustion through wellbeing support and management strategies.
Limitations of this study include post-pandemic conditions without direct comparison with
pre-pandemic conditions.

Keywords: Budget Tightness, Emotional Exhaustion, Role Ambiguity, Trust

Board of Commissioners' Proportion, Green Innovation, and Carbon Disclosure in Enhancing Firm Value: The Role of Firm Size

Cintia Lady Anggraini — 2024-11-01

Purpose - This study aims to examine the impact of the proportion of the board of commissioners, green innovation, and carbon emission disclosure on firm value, with firm size as a moderating variable, in non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2022.
Design/methodology/approach - This study is a quantitative research using secondary data, which are processed and published. The population in this study consists of non-cyclical consumer sector companies listed on the Indonesia Stock Exchange (IDX) from 2019 to 2022. The research data include 32 companies observed over four years, totaling 128 samples selected through purposive sampling technique. The data analysis techniques employed in this study include classical assumption tests, determination coefficient tests, simultaneous tests, and t-tests using EVIEWS 12 software .
Findings - The results of this study indicate that the proportion of the board of commissioners has a positive effect on firm value, while green innovation and carbon emission disclosure do not significantly influence firm value. Firm size moderates the relationship between green innovation and firm value but does not moderate the relationships between the proportion of the board of commissioners, carbon emission disclosure, and firm value.
Research limitations/implications - This study also provides insights for firm management and stakeholders regarding the factors influencing firm value and strategies for improvement in the future

Keywords: Board of Commissioners Proportion, Green Innovation, Carbon Disclosure, Firm Value, and Firm Size

What Factors Affect Tax Avoidance?

Monica Yuly Carrie — 2024-11-01

Purpose: This study is to obtain empirical evidence about the effect of audit committees,
institutional ownership, independent commissioners, company size, sales growth, leverage,
profitability, capital intensity, and CSR disclosure on tax avoidance.
Design/methodology/approach: This study uses a sample of all manufacturing companies
listed on the Indonesia Stock Exchange, also known as the IDX, from 2019 to 2021, with 62
listed manufacturing companies used as samples in this study. This sample selection uses the
purposive sampling method with 186 research data and uses multiple linear regression for
hypothesis testing.
Findings: The findings of this study indicate that audit committee, company size, leverage,
and profitability affect tax avoidance, while the other 5 variables, namely institutional
ownership, independent commissioners, sales growth, capital intensity, and CSR disclosure,
have no effect on tax avoidance.
Research Limitations/Implications : The implications of this study are provide input to
companies in making corporate tax planning in the legal corridor-tax avoidance which is
influenced by corporate governance factors, characteristics and corporate social
responsibility. The implications also provide input to Indonesia's tax regulators in conducting
an analysis of the compliance of public company taxpayers and input in making tax
regulations.

Keywords: Audit Committee, Institutional Ownership, Independent Commissioner,
Capital Intensity, and CSR Disclosure.

Personal Income Tax and Domestic Debt Servicing: Verdict from Panel Fixed Effects

Tajudeen Adejare Adegbite — 2024-11-01

Purpose - This study examined the effect of PIT on domestic debt servicing in South western
states, Nigeria.
Design/methodology/approach - Data gathered from all south western states were analyzed
with Pearson correlation, VIF, and panel data analytical tools such as pooled regression, fixed
effects and random effects estimations. Hausman was further ignited to select a better model
amid fixed effects and random effects estimations. Other tests such as autocorrelation test,
VIF, and heteroscedasticity were also conducted.
Findings - It was divulged from the study that PAYE was discovered having positive effect
on domestic debts servicing. Direct assessment and road tax also possessed cordial
relationships with domestic debt servicing but other taxes impacted domestic debt servicing
negatively. Conclusively, positive correlation was established between personal income tax
revenue and domestic debt servicing in South-Western Nigeria. Also, PIT has positive,
significant and statistical impact on domestic debt servicing in South-Western Nigeria. When
personal income tax collections increase, the government tends to rely less on domestic debt
to finance its activities.
Research limitations/implications – It is recommended that government should strengthen
tax enforcement mechanisms to display proper accountability and transparency measures so
that revenue realized from PIT will be enormously enough to emaciated domestic debt
significantly in south western Nigeria. Government should also lessen domestic borrowings
but activate unexploited taxes embedded in PIT, and curtail corruption in borrowed funds for
effective usage in the country.

Keywords: Domestic Debt Servicing, PIT, PAYE, Road Tax, Direct Assessment

Evaluating the Role of Transparent Financial Reporting on Capital Structure Decision-Making of Nigerian Beverage Companies

Ayoola Azeez Olaoye — 2024-11-01

Purpose – Inaccurate financial report may lead to wrong financing decisions in a business.
This study therefore examines how financial reporting transparency supports the capital
structure decisions-making process, focusing on Nigerian listed beverage companies.
Design/methodology/approach – The study analyzes secondary data from the annual
financial statements of six selected listed beverage firms for a period of twelve years (2012-
2023). The research employs an ex post facto research approach. The research applies
descriptive statistics and panel regression methods comprising fixed effect, random effect
and pooled least squares models. After conducting model selection tests, the study considers
a random effect model for data estimation.
Findings – The results reveal that capital adequacy, debt financing and tangibility of asset
play positive significant roles on capital structure decisions-making of Nigerian beverages
companies. The research discovers that maintaining transparent financial reports facilitate
capital structure decision-making processes of Nigerian beverage companies. The study
suggests for beverage firms to diversify their financing sources in order to reduce
dependency on debt and avoid its associated risks
Research limitations/implications – The limitations include industry specificity and
regional applicability, but the findings highlight the importance of adequate capital,
tangible assets and debt financing in capital structure decision of beverage companies.

Keywords: Capital Structure, Decision-Making, Nigerian Beverage Companies,
Transparent Financial Reporting

Internal Control, Organizational Culture, and Leadership Style: Analysis of the Impact on Employee Fraud

Victorio Yosafat Fernaldy — 2024-11-01

Purpose - This study focuses on manufacturing companies as its subjects of investigation. Its
primary objective is to find out the impact of internal control mechanisms, organizational
culture, and leadership styles on incidences of employee fraud within manufacturing firms in
Semarang City.
Design/methodology/approach - This research uses quantitative methods, utilizing primary
data gathered through a structured questionnaire. The study encompasses all employees across
515 manufacturing companies in Semarang City, with a sample size of 90 selected through
purposive sampling techniques. Data related to these manufacturing entities was sourced from
the Central Statistics Agency of Semarang City. Statistical analysis was conducted using
multiple regression techniques aided by SPSS software.
Finding - The results showed that leadership style had a significant effect on employee fraud.
Meanwhile, internal control and organizational culture have no influence on employee fraud.
Research limitations/implications – Some companies did not give permission to conduct the
research at their company and it is difficult to get respondents who fit the criteria. The future
researchers are suggested to add respondents’ number used as research material.

Keywords: Internal Control, Organizational Culture, Leadership Style, Employee
Fraud, Manufacturing Company

SILAKSAK Utilization as Support SAK-Based MSME Financial Digital Records

Rudy Sofian — 2024-11-01

Purpose – Creating a SILAKSAK application for Saung Abah Ambu UMKM using the SAK
EMKM standard.
Design/methodology/approach – Software development using the Agile Feature Driven
Development (FDD) method. A software development approach that prioritizes development
based on the Develop an Overall Model, Build a Feature List, Plan by Features, Design by
Feature and Build by Feature. In addition to using FDD, this software also uses a progressive
web app (PWA) so that the SILAKSAK application can be installed on various platforms.
Findings – The SILAKSAK application has run as expected, this is evident from the 17
functions tested, all 17 functions run well. In addition, partners feel helped by the recording
using the SILAKSAK application because partners no longer need notebooks and partner
finances can be accessed and monitored by partner owners.
Research limitations/implications – Before implementing a financial application, partners
must be equipped with knowledge about finance, for example what is a balance sheet, profit,
ledger and others.

Keywords: SILAKSAK, UMKM, FDD, Application

How Financial Distress, Audit Committee, and CGI Shape Earnings Management through Stock Liquidity

Mardianto Mardianto — 2024-11-01

Purpose – The aim of this study is to examine how financial distress, audit committees, and
the Corporate Governance Index (CGI) impact accrual-based earnings management, with
stock liquidity serving as a moderating variable. The goal of this research is to explore ways
to reduce earnings management practices by analyzing how these factors influence managerial behavior.
Design/methodology/approach – Secondary data were obtained from the annual financial
reports of LQ45 companies listed on the Indonesia Stock Exchange (IDX). Financial ratios
were used to measure financial distress, while audit committees and CGI served as indicators
of corporate governance. Stock liquidity was evaluated for its moderating effect. The analysis
method employed in this research is a moderation approach using multiple linear regression.
Findings – This study found that financial distress did not have a significant effect on earnings
management, both before and during the pandemic. The frequency of audit committee
meetings had a positive impact before the pandemic, but its effect diminished afterward. The
Corporate Governance Index (CGI) and stock liquidity also did not show any significant
impact. Overall, the model used is valid and able to explain the relationship between the
independent variables and earnings management.
Research limitations/implications – While the study offers a comprehensive understanding
of the factors influencing earnings management, it is limited by the use of secondary data and its focus on LQ45 companies, which may affect the generalizability of the findings.

Keywords: Earnings Management, Financial Distress, Corporate Governance, Audit
Committee, Stock Liquidity

Debt Covenant, Tax Expense, and Intangible Assets on Transfer Pricing

Jenny Puspita Sari — 2024-11-01

Purpose - Determine and analyze the effect of Debt Covenant, Tax Expense, and Intangible
Asset on Transfer Pricing.
Design/methodology/approach - This study uses an associative quantitative approach using
multiple linear regression analysis and Eviews 9 data analysis tools. This study uses a sample
of 11 companies, which was determined based on the purposive sampling method, which is a
sample selection with specific criteria.
Findings - The results of this study indicate that Debt Covenant, Tax Burden, and Intangible
Asset have simultaneous and significant effects on transfer pricing. Partially, Debt Covenant
has a negative and significant effect on transfer pricing, Tax Burden and Intangible Asset
have no effect on transfer pricing.
Research limitations/implications – The research findings prove that there are differences of
interest where companies want to increase profits by minimizing tax payments to the
government. However, it is better to use methods that have been legalized by the government and do not conflict with tax regulations in force in Indonesia so as not to harm the state treasury which leads to disputes with the Directorate General of Taxes.

Keywords: Debt Covenant, Tax Expense, Intangible Asset, Transfer Pricing