Quality of Indonesia government financial statements
DOI:
https://doi.org/10.15549/jeecar.v10i1.1054Keywords:
Regional Financial Accounting System, Quality of Human Resources, Quality of Local Government Financial StatementsAbstract
This research aimed to determine the financial accounting system's effect and human resources' value regarding the quality of government financial reports. The method used is descriptive and verification of several methods. The unit of analysis is the local government apparatus, and then the observation unit of the regional government agencies. The data processing method uses SEM, and the data used is the primary data. The results indicate an effect of the applicable financial accounting system and the quality of human resources on the value of government financial reports. The result shows that an optimal financial accounting system and competent human resources can influence quality financial reports. This research is expected to be valid for local governments in making decisions to realize effective and efficient financial reporting management.
References
Abushamsieh, K., Hernández, A. M. L., & Rodríguez, D. O. (2013). The transparency of government financial information systems in Arab countries: Evidence from Palestine. Journal of Accounting, Business and Management (JABM), 20 (2), 99-112. http://journal.stie-mce.ac.id/index.php/jabminternational/article/view/175
Anggadini, S. D. (2015). Accounting information system quality is related to the ethics and competence of users. International Journal of Applied Business and Economic Research, 13(5), 3143–3158.
Anggadini, S. D. (2017). Improving the Quality of Accounting Information System Through the Availability of User's Competence. Journal of Engineering and Applied Sciences, 9260–9265. https://doi.org/10.36478/jeasci.2017.9260.9265
Anggadini, S. D., & Susanto, A. (2017). Study of Resources Allocation on the Implementation of Accounting Information System. Journal of Engineering and Applied Sciences, 9255-9259.
Anggadini, S. D. Surtikanti Surtikanti, Ari Bramasto & Egi Fahrana. (2022). Determination of Individual Taxpayer Compliance in Indonesia: A Case Study. Journal of Eastern European and Central Asian Research (JEECAR), 9(1), 129-137. https://doi.org/10.15549/jeecar.v9i1.883 DOI: https://doi.org/10.15549/jeecar.v9i1.883
Blaga P & Jozsef B. (2014). Human resources, quality circles and innovation. Procedia Economics and Finance, 15(1), 1458-1462. https://doi.org/10.1016/s2212-5671(14)00611-x DOI: https://doi.org/10.1016/S2212-5671(14)00611-X
Boban, M., & Šušak, T. (2015). Accounting information systems and their use in regional and local governments sector: Quality, efficiency, security and control procedures as (present) challenges. International Convention on Information and Communication Technology, Electronics and Microelectronics (MIPRO), 1546-1551. https://doi.org/10.1109/mipro.2015.7160517 DOI: https://doi.org/10.1109/MIPRO.2015.7160517
Boxall, P. (2013). Mutuality in the management of human resources: assessing the quality of alignment in employment relationships. Human Resource Management Journal, 23(1), 3-17. https://doi.org/10.1111/1748-8583.12015 DOI: https://doi.org/10.1111/1748-8583.12015
Bruno, A. and Lapsley, I. (2018). The emergence of an accounting practice: The fabrication of a government accrual accounting system. Accounting, Auditing & Accountability Journal, 31(4), 1045-1066. https://doi.org/10.1108/aaaj-01-2016-2400 DOI: https://doi.org/10.1108/AAAJ-01-2016-2400
Caruana, J. and Farrugia, B. (2018), The use and non-use of the government financial report by Maltese Members of Parliament. Accounting, Auditing & Accountability Journal, 31(4), 1124-1144. https://doi.org/10.1108/aaaj-12-2015-2350 DOI: https://doi.org/10.1108/AAAJ-12-2015-2350
Dasi González, R. M., Gimeno-Ruíz, A., & Vela-Bargues, J. M. (2018). The recent reform of Spanish local governmental accounting: a critical perspective from local governmental accountants as internal users of budgeting and financial accounting information. Lex Localis, 16(3), 453-476. https://doi.org/10.4335/16.3.453-476(2018) DOI: https://doi.org/10.4335/16.3.453-476(2018)
De Vlaminck, N., & Sarens, G. (2015). The relationship between audit committee characteristics and financial statement quality: evidence from Belgium. Journal of Management & Governance, 19(1), 145-166. https://doi.org/10.1007/s10997-013-9282-5 DOI: https://doi.org/10.1007/s10997-013-9282-5
Elvisa Buljubasic Musanovic & Sanel Halilbegovic. (2021). Financial Statement Manipulation in Failing Small and Medium-Sized Enterprises in Bosnia and Herzegovina. Journal of Eastern European and Central Asian Research, 8(4), 556-569. https://doi.org/10.15549/jeecar.v8i4.692 DOI: https://doi.org/10.15549/jeecar.v8i4.692
Faradisa, A. N., & Khafid, M. (2017). The Effect of Competency and The Implementation of Standard on The Quality of Financial Statement with Control System as A Moderating Variable. Accounting Analysis Journal, 6(3), 394-406. https://doi.org/10.15294/aaj.v6i3.17972
Ganapati, S., & Reddick, C. G. (2018). Prospects and challenges of sharing economy for the public sector. Government Information Quarterly, 35(1), 77-87.
https://doi.org/10.1016/j.giq.2018.01.001 DOI: https://doi.org/10.1016/j.giq.2018.01.001
Guimmayen, N. C. (2017). The Accounting Services of the Department of Science and Technology Region 2 as the Implementation of Small Enterprise Technology Upgrading Program (SETUP). SPUP Graduate School Research Journal, 15(2), 89-100. https://ojs.aaresearchindex.com/index.php/spupgsrj/article/view/422
Ikatan Akuntansi Indonesia. 2015. PSAK No. 1 tentang Laporan Keuangan – edisi revisi. Penerbit Dewan Standar Akuntansi Keuangan: PT. Raja Grafindo.
Ihor Y. Yaremko, Mariia.V. Plekan, Iryna.A. Kantsir & Tetyana Y. Andrejkiv. (2018). Informational and Financial Instruments For Evaluation and Management of The Company's Value. Journal of Eastern European and Central Asian Research, 5 (2), 131-139. https://doi.org/10.15549/jeecar.v5i2.246 DOI: https://doi.org/10.15549/jeecar.v5i2.246
Kothari, CR (2004). Research Methodology: Methods and Techniques. New Delhi: New Age International (P) Ltd., Publishers.
Kurniati, P. S., & Suryanto, S. (2022). The Role of the Indonesian Government in the Era of Banking Disruption Innovation. Journal of Eastern European and Central Asian Research (JEECAR), 9(1), 93-100. https://doi.org/10.15549/jeecar.v9i1.881 DOI: https://doi.org/10.15549/jeecar.v9i1.881
Linsmeier, T. J. (2011). Financial reporting and financial crises: The case for measuring financial instruments at fair value in the financial statements. Accounting horizons, 25(2), 409-417. https://doi.org/10.2308/acch-10024 DOI: https://doi.org/10.2308/acch-10024
Mabil, A. N. (2019). Investigating effects of accounting ethics on quality of financial reporting of an organization: the case of selected commercial banks in South Sudan. Mediterranean Journal of Social Sciences, 10(1), 177-191. https://doi.org/10.2478/mjss-2019-0016 DOI: https://doi.org/10.2478/mjss-2019-0016
Muthaher, O. (2019). Government Accounting Standard, Human Capacity, Internal Control System And Financial Supervision As A Quality Analysis Of Government Financial Statements. Fokus Ekonomi: Jurnal Ilmiah Ekonomi, 14(1), 186-200. https://doi.org/10.34152/fe.14.1.186-200 DOI: https://doi.org/10.34152/fe.14.1.186-200
Suryana, N., & Surtikanti, S. (2020). Corporate Action Result (Stock Buyback) To Stock Price: A Study of Buyback at The Indonesia Stock Exchange In The Year of 2014-2019. International Journal of Multi-Science, 1(05), 40-46. https://multisciencejournal.com/index.php/ijm/article/view/44
Odunayo, A. O., & Festus, A. F. (2020). Human Resource Accounting and Quality of Financial Reporting of Quoted Oil and Gas Companies in Nigeria. International Journal of Accounting, Finance and Risk Management, 5(4), 195-206. https://doi.org/10.11648/j.ijafrm.20200504.14 DOI: https://doi.org/10.11648/j.ijafrm.20200504.14
Sekaran, Uma & Bougie, Roger. (2020). Research Methods For Business: A Skill Building Approach 8th ed. (Asia Edition). Hoboken: Wiley.
Surtikanti, S., Lutfiah, L., Andaresya, I., & Febriani, I. (2021). Application Design for Recording Financial Statements. International Journal of Research and Applied Technology (INJURATECH), 1(1), 17-24. https://doi.org/10.34010/injuratech.v1i1.5455 DOI: https://doi.org/10.34010/injuratech.v1i1.5455
Surtikanti, S. (2020). Impact Profit When Implementation of International Financial Reporting Standards (IFRS). Finance, Accounting and Business Analysis, 2(1), 1-10. https://doi.org/10.16408/faba.v2i1.28
Thuong, N. T. H., Zhang, R., Li, Z., & Hong, P. T. D. (2018). Multi-criteria evaluation of financial statement quality based on hesitant fuzzy judgments with assessing attitude. International Journal of Management Science and Engineering Management, 13(4), 254-264. https://doi.org/10.1080/17509653.2017.1421107 DOI: https://doi.org/10.1080/17509653.2017.1421107
Vithana, K., Soobaroyen, T. & Ntim, C.G. (2021). Human Resource Disclosures in UK Corporate Annual Reports: To What Extent Do These Reflect Organisational Priorities Towards Labour?, J Bus Ethics 169, 475–497. https://doi.org/10.1007/s10551-019-04289-3 DOI: https://doi.org/10.1007/s10551-019-04289-3
Zergaw, T. (2018). An Assessment of the Application of Government Accounting System in AA City Administration Finance and Economy Development Bureau (Doctoral dissertation, St. Mary's University).
Zeyn, E. (2018). The Effect of Internal Audit Quality on Financial Accountability Quality at Local Government. Journal of Accounting, Business and Finance Research, 4(2), 74-82. https://doi.org/10.20448/2002.42.74.82 DOI: https://doi.org/10.20448/2002.42.74.82
Downloads
Published
How to Cite
Issue
Section
License
The JEECAR journal allows the author(s) to hold the copyright and publishing rights of their own manuscript without restrictions.
This journal applies the Creative Attribution Common License to works we publish, and allows reuse and remixing of its content, in accordance with a CC-BY 4.0 license.
Authors are free to: Share — copy and redistribute the material in any medium or format and Adapt — remix, transform, and build upon the material for any purpose, even commercially.
Under the following terms: Attribution — You must give appropriate credit, provide a link to the license, and indicate if changes were made. You may do so in any reasonable manner, but not in any way that suggests the licensor endorses you or your use.
No additional restrictions — The author may not apply legal terms or technological measures that legally restrict others from doing anything the license permits.
The JEECAR Journal is committed to the editorial principles of all aspects of publication ethics and publication malpractice as assigned by the Committee on Public Ethics.
