Invoice : Jurnal Ilmu Akuntansi has p-ISSN 2714-6359 and e-ISSN 2714-6340. It is published by University of Muhammadiyah Makassar. This journal publishes research articles in the field of accounting science, utilizing various qualitative and/or quantitative methods and approaches. It aims to develop concepts, theories, perspectives, paradigms, and methodologies within the scope of accounting. The journal is published twice a year, in March and September. The scope of Invoice : Jurnal Ilmu Akuntansi includes Financial Accounting, Auditing, Islamic Financial Accounting, Cost Accounting, Management Accounting, Tax Accounting, International Accounting, Non-Profit Accounting, Budgeting Accounting, Government/Public Sector Accounting, and Accounting Systems. Invoice : Jurnal Ilmu Akuntansi follows a double-blind peer review process. The decision to accept or reject a submitted manuscript is made by the Editorial Board based on recommendations from peer reviewers. Authors are required to read and understand the author's guidelines carefully. Manuscripts submitted to invoice : jurnal ilmu akuntansi must comply with these guidelines. Submissions that do not adhere to the required format will be rejected by the editorial team before the review process. The Editorial Team will only consider manuscripts that meet the specified formatting requirements. toto togel situs toto toto slot Bandar Togel
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Corporate Governance in Islamic Financial Institutions: Challenges and Opportunities
This study investigates the challenges and opportunities of corporate governance in Islamic Financial Institutions (IFIs) by employing a Systematic Literature Review (SLR) approach. Corporate governance in IFIs is distinct from conventional institutions due to the dual requirement of complying with international governance standards and Shariah principles. The review synthesizes findings from peer-reviewed articles published between 2019 and 2024 to provide a comprehensive understanding of the governance landscape in IFIs. The results highlight several persistent challenges, including the lack of standardization in Shariah Supervisory Board (SSB) practices, regulatory fragmentation across jurisdictions, and limited expertise among governance professionals. These challenges create inconsistencies in the effectiveness of Shariah governance and may undermine institutional credibility. However, the study also identifies considerable opportunities. Strengthening corporate governance enhances stakeholder trust, increases investor confidence, and positions IFIs as leaders in ethical and sustainable finance. Furthermore, the adoption of digital governance tools, such as blockchain and artificial intelligence, offers innovative solutions to improve transparency, accountability, and compliance monitoring. This study contributes to the literature by consolidating recent insights and proposing recommendations for harmonization, capacity building, and sustainability integration. It concludes that robust governance frameworks are critical for the long-term stability of IFIs and their role in advancing ethical finance aligned with the United Nations Sustainable Development Goals (SDGs).
The Influence of Whistleblowing, Forensic Accounting, Professional Skepticism, and Investigative Audits on Fraud Detection (A Study on Representatives of BPK and BPKP)
This study examines the impact of whistleblowing, forensic accounting, professional skepticism, and investigative audits on fraud detection in the public sector, with a specific focus on auditors at the BPK and BPKP Representative Offices in Riau Province, Indonesia. The research adopts a quantitative design, using primary data collected through questionnaires distributed to all 95 auditors, applying a saturated sampling technique. Data analysis was conducted using multiple linear regression with IBM SPSS version 30. The findings demonstrate that whistleblowing, forensic accounting, professional skepticism, and investigative audits each have a significant and positive effect on fraud detection. Among these, professional skepticism and forensic accounting practices were identified as particularly influential factors in enhancing the ability of auditors to uncover fraud. The theoretical contribution of this study lies in expanding the literature on fraud detection in the context of emerging economies, emphasizing the role of whistleblowing mechanisms, forensic accounting tools, and auditors’ professional judgment. From a practical perspective, the results underscore the importance of improving auditors’ competencies through continuous training, strengthening investigative audit procedures, and promoting organizational cultures that encourage whistleblowing. These findings provide valuable insights for policymakers, auditing institutions, and scholars interested in improving the effectiveness of fraud detection within government auditing bodies. Ultimately, the study highlights the need for integrated strategies that combine technical, ethical, and organizational elements to enhance audit quality and accountability in the public sector.
Implementation of Pesantren Accounting in the Preparation and Presentation of Financial Statements at SMP Pesantren Tarbiyah Takalar
This study investigates the implementation of pesantren accounting in the financial reporting practices of SMP Pesantren Tarbiyah Takalar. Using a descriptive qualitative design, the research aims to provide a comprehensive understanding of how pesantren accounting principles are applied within an Islamic educational institution. Data were collected through interviews, observations, and document analysis, utilizing both primary and secondary sources to ensure the validity and reliability of findings. The analysis process involved data reduction, data presentation, and conclusion drawing using narrative techniques. The findings reveal that the school’s financial statements are not fully compliant with pesantren accounting standards and do not meet the requirements of ISAK 35, which governs financial reporting for nonprofit organizations, including Islamic boarding schools. Significant gaps were identified in the classification of assets, liabilities, and net assets, resulting in incomplete and less transparent reporting. These findings highlight the need for capacity building and training in financial management to improve compliance with standardized accounting frameworks. Strengthening the preparation and presentation of financial reports is crucial for enhancing transparency, accountability, and stakeholder trust. This research contributes to the literature on Islamic accounting by providing empirical evidence on the challenges faced by pesantren-based institutions in adopting standardized financial reporting practices, supporting efforts to improve financial governance and the sustainability of Islamic education.
The Influence of E-Commerce Utilization and Accounting Information Systems on the Performance of Micro, Small, and Medium Enterprises (MSMEs)
Digital transformation is increasingly essential for Micro, Small, and Medium Enterprises (MSMEs) to remain competitive in a dynamic business environment. This study aims to analyze the effect of e-commerce adoption and the implementation of accounting information systems (AIS) on MSME performance in Kuningan Regency. A quantitative explanatory research design was employed using purposive sampling, involving 35 MSME owners and managers as respondents. Data were collected through structured questionnaires and analyzed using multiple linear regression with a 5% significance level in SPSS (version XX). The results reveal that e-commerce adoption has a significant positive effect on MSME performance (β = 0.45, p < 0.05), particularly in market expansion, service efficiency, and customer engagement. Similarly, AIS implementation shows a significant positive effect (β = 0.41, p < 0.05), supporting better financial transparency and decision-making. The combined adoption of both technologies provides a substantial contribution to improving overall business performance (R² = 0.62). These findings highlight the importance of digital tools for enhancing MSME productivity, sustainability, and competitiveness, offering valuable insights for business owners and policymakers aiming to accelerate digital transformation initiatives.
Digital Financial Literacy and Financial Inclusion: Visualizing Knowledge Networks through Bibliometric Analysis
This study examines the intersection of digital financial literacy and financial inclusion by employing a bibliometric approach to map global research trends, key contributors, and thematic developments in the field. Data were retrieved from the Scopus database, covering publications from 2012 to 2025, and analyzed using Biblioshiny in the R environment. Results reveal a substantial increase in research activity after 2018, reflecting growing academic and policy attention to the role of digital literacy in advancing inclusive finance. India, the United States, and China emerge as the most active contributors, highlighting the global relevance of this issue across both developed and developing economies. Thematic mapping identifies financial literacy, digital financial services, education, empowerment, and fintech adoption as central topics driving the discourse. Network analyses further demonstrate strong international collaborations and an evolving research structure that connects digital technologies, financial behavior, and socio-economic development. Despite these advances, challenges remain in bridging the digital divide, particularly for marginalized groups with limited access to technological infrastructure and financial education. This study contributes by providing a comprehensive overview of the knowledge network on digital financial literacy and inclusion, offering insights for policymakers, educators, and researchers. Strengthening digital financial competencies, supported by inclusive policies and collaborative scholarship, is critical for ensuring equitable access to safe and sustainable financial services in the digital era.
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Ethical Financing and Sustainability Practices in Islamic Banking Institutions
This study examines the integration of sustainability and ethical financing principles in Islamic banking institutions and their implications for financial performance, corporate reputation, and customer trust. Despite increasing global attention to sustainable finance, there remains limited understanding of how Islamic banks adopt and operationalize sustainability practices while addressing challenges such as regulatory constraints, resource limitations, and market competition. Adopting an interpretive paradigm and a case study approach, this research collected data through in-depth interviews with institutional managers and staff, complemented by document analysis of sustainability reports and policy guidelines. The results reveal that Islamic banks that actively implement sustainability and ethical financing practices demonstrate improved profitability, enhanced corporate reputation, and greater customer loyalty. Moreover, transparent sustainability reporting and accountability mechanisms strengthen stakeholder trust and align institutional practices with the broader objectives of Islamic finance, such as social justice and environmental stewardship. The findings highlight the importance of developing innovative Sharia-compliant products that integrate sustainability values to attract socially and environmentally conscious customers. From a theoretical perspective, the study contributes to the growing discourse on the intersection between Islamic finance and sustainable development. Practically, it provides implications for policymakers and practitioners to strengthen transparency, accountability, and innovation in Islamic banking operations. Future research is recommended to explore the role of emerging technologies, including fintech and digital platforms, in enhancing sustainability practices within the Islamic banking sector.
Pillars of Performance Improvement of Bawaslu Sidenreng Rappang Through Budget Accountability and Transparency
This study aims to analyze the effect of accountability and transparency on the performance of Bawaslu Sidrap in managing the 2024 election budget. The research employs a quantitative descriptive approach with an associative design. The population includes all employees of Bawaslu Sidenreng Rappang Regency involved in the 2024 general election, and data were collected through questionnaires distributed via Google Forms. The results indicate that accountability achieved 77%, transparency 74%, and performance 74%, exceeding the expected value of 65%. Correlation analysis demonstrates that both accountability (X1) and transparency (X2) have a strong and significant relationship with Bawaslu performance (Y), with Pearson correlation coefficients of 0.679 and 0.722, respectively. The t-test shows that accountability significantly influences performance (p = 0.028 < 0.05), whereas transparency does not show a significant effect (p = 0.62 > 0.05). The F-test results confirm that accountability and transparency simultaneously have a significant effect on performance, suggesting that the variables complement each other when assessed together. These findings underscore the importance of strengthening accountability mechanisms to enhance Bawaslu’s effectiveness in managing election budgets. Although transparency supports good governance, its independent effect on performance is limited. Therefore, integrated strategies focusing on accountability improvement are essential to optimize institutional performance and ensure credible and efficient budget management.
The Effect of Current Ratio and Debt to Asset Ratio on Net Profit Margin at PT Hutama Karya (Persero)
This study investigates the effect of the Current Ratio (CR) and Debt to Asset Ratio (DAR) on the Net Profit Margin (NPM) of PT Hutama Karya (Persero), a state-owned enterprise in Indonesia’s construction sector. Employing a quantitative associative research design, the study analyzes financial data extracted from audited annual reports covering 2014–2023. The variables examined include current assets, total liabilities, and net income after tax. Purposive sampling was applied to ensure the selection of relevant and complete data, while data analysis was conducted using SPSS software with a 5% significance level. The results reveal that CR and DAR, individually, do not significantly influence NPM. Furthermore, simultaneous testing confirms that both ratios collectively have no significant impact on profitability. The findings suggest that short-term liquidity and leverage are not primary determinants of net profit performance in PT Hutama Karya (Persero) during the observed period. This outcome may be attributed to the company’s long-term project investments, government-backed financing schemes, and operational strategies that prioritize large-scale infrastructure development over liquidity optimization. The study highlights the need for management to focus on operational efficiency, cost control, and effective project execution to enhance profitability. For future research, it is recommended to examine additional financial and operational variables, such as Return on Equity (ROE), Debt to Equity Ratio (DER), and Working Capital Turnover (WCT), to provide a more comprehensive understanding of profitability determinants in state-owned construction enterprises. These insights contribute to both academic literature on financial performance and practical decision-making in managing complex SOEs engaged in strategic national projects.
Evaluation of Debt Payment Procedures through Domestic Documentary Credit (SKBDN): A Case Study of PT Varia Usaha Beton
This study investigates the implementation of vendor debt payment procedures through Domestic Documented Credit Letters (SKBDN) at PT Varia Usaha Beton Sidoarjo. The purpose is to evaluate the effectiveness, efficiency, and challenges of SKBDN in supporting corporate payment systems. Data collection methods included observation, documentation, and semi-structured interviews with key personnel from the Treasurer Division. The findings show that SKBDN follows a structured process, beginning with document preparation, internal verification, managerial approval, and subsequent submission to the bank. This system provides a strong payment guarantee and strengthens internal financial control. However, its practical application remains less effective because fund disbursement requires up to six months, leading to delays in vendor transactions. The delays are primarily caused by document complexity, multi-level verification, and extended coordination between parties. Despite these drawbacks, SKBDN offers financial advantages since administrative costs and penalties are shifted to vendors, creating cost efficiency for the company. As a response to prolonged payment timelines, PT Varia Usaha Beton has considered adopting Supply Chain Financing (SCF), even though it involves higher costs. This study provides valuable insights for organizations evaluating debt payment systems, highlighting the importance of balancing timeliness, cost efficiency, and operational effectiveness.
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Digital Transformation of Public Sector Accounting: A Literature Review on Technology Adoption in Government Financial Reporting
The digital era has transformed public sector accounting, offering opportunities to enhance the quality, transparency, and accountability of government financial reporting through technologies such as artificial intelligence, blockchain, big data analytics, and cloud computing. Despite its potential, research gaps remain regarding the adoption and implementation of these technologies within the public sector. This study aims to examine the development of digital technology in government financial reporting, identify key challenges, and evaluate the impact of emerging technologies on accounting transformation. Using a qualitative approach, a systematic literature review was conducted covering studies published between 2020 and 2025 in Scopus, Web of Science, Google Scholar, and ScienceDirect. Thematic analysis was employed to identify patterns and trends. The findings highlight that technology adoption enhances efficiency, participation, and accountability but faces barriers such as system incompatibility, limited technical capacity, regulatory misalignment, and organizational resistance. The study concludes that digital transformation creates a disruptive yet strategic opportunity for public sector accounting, requiring a gradual and holistic approach. Policy implications include the need for regulatory harmonization, sustainable infrastructure investment, capacity-building programs, and a clear roadmap for technology adoption. This research contributes to the literature by providing an integrated framework for understanding digital transformation in government financial reporting.
Evaluating the Effect of Innovation Strategy on Customer Interest through the Memberku Application in Bakti Huria Syariah Cooperative
This study explores the implementation of innovation strategies at Bakti Huria Syariah Makassar Cooperative and examines their impact on members’ interest in using the Memberku digital application. The research focuses on three core aspects: the application of innovation strategies in developing the Memberku application, the supporting and inhibiting factors influencing implementation, and the effectiveness of these strategies in encouraging members to adopt digital cooperative services. A qualitative descriptive approach was employed to gain in-depth insights into these processes. Data were collected through observation, semi-structured interviews, documentation, and a comprehensive literature review. The IT Division of the cooperative served as the primary data source, providing critical information regarding system updates, user growth, and operational challenges. Data analysis was conducted in three systematic stages: data reduction, data presentation, and conclusion drawing. The findings indicate that the innovation strategy has been relatively effective in enhancing member engagement and promoting digital service adoption. Following a major system update in 2023, the cooperative recorded an increase of 300 new users, while the marketing team was tasked with acquiring at least ten additional users each month. Success was assessed through two key performance indicators: the number of active users and the volume of transactions through the application, both of which demonstrated significant growth. These results underscore the effectiveness of innovation strategies in driving the digital transformation of cooperative services.
The Influence of Distribution and Pricing on Purchase Decisions at the Sari Roti Outlet of PT Indosari Niaga Nusantara in Parepare
This study aims to determine whether Distribution and Price have a partial and simultaneous effect on the Purchase Decision of Sari Roti outlets at PT INDOSARI Niaga Nusantara Parepare. In this study, the population sampled consisted of 45 people. The research method used is data description with the help of Statistical Product and Service Solutions (SPSS) software version 25.The data collection methods used include Interviews, Documentation, and Observation. This research involves several tests, including Validity Test, Reliability Test, Multiple Linear Regression Analysis, as well as t-test (partial), F-test (simultaneous), and Coefficient of Determination (R²). These results indicate that Distribution (X1) has a significant partial effect on the Purchase Decision of Sari Roti Outlet PT INDOSARI Niaga Nusantara Parepare. This is based on the t-count value of 2.677 > t-table value of 2.018 and a significance value smaller than 0.05 (0.000 ≤ 0.05). Price (X2) has a significant partial effect on the Purchase Decision of Sari Roti Outlet PT INDOSARI Niaga Nusantara Parepare. This is based on the t-count value of 5.648 > the t-table value of 2.018 and a significant value of 0.000 ≤ 0.05. Distribution and Price simultaneously affect the Purchase Decision of Sari Roti Outlet PT INDOSARI Niaga Nusantara Parepare. This is based on the calculated F value of 62.069 > the table F value of 2.83 with a significance value of 0.000 < 0.05.
Audit Fee Stickiness, CEO Narcissism, and Tax Avoidance in IDX-Listed Manufacturing Firms (2020–2022)
This study examines the relationship between audit fee stickiness, CEO narcissism, and tax avoidance in manufacturing firms listed on the Indonesia Stock Exchange (IDX) from 2020 to 2022. Audit fee stickiness occurs when changes in expected audit fees do not align proportionally with actual audit fee changes. CEO narcissism, characterized by excessive self-admiration and a strong desire for dominance, can influence corporate decision-making, including tax avoidance strategies. Tax avoidance, often viewed as strategic tax planning, aims to minimize corporate tax liabilities while complying with tax regulations. Using a quantitative approach, this study employs multiple regression analysis to assess the impact of CEO narcissism on tax avoidance and the moderating effect of audit fee stickiness. The findings indicate that narcissistic CEOs tend to engage in aggressive tax planning, increasing the likelihood of tax avoidance. Additionally, audit fee stickiness moderates this relationship, as firms with high audit fee stickiness exhibit lower levels of tax avoidance due to stronger auditor oversight. The study further reveals that tax savings from avoidance strategies affect cost stickiness, with implications for managerial decision-making. These results highlight the importance of understanding CEO personality traits in corporate governance and tax strategies. Regulators and auditors should consider CEO psychological factors when assessing tax compliance risks. Furthermore, firms should balance cost efficiency and ethical financial practices to maintain long-term sustainability and corporate reputation. This study contributes to the literature on tax avoidance, audit fee behavior, and the role of executive characteristics in financial decision-making.
TCWG on Cost of Equity with Audit Opinion as a Moderating Variable
This study examines the impact of the audit committee (AC) on the cost of equity (COE), with audit opinion (AO) as a moderating variable, in hotel and property sector companies listed on the Indonesia Stock Exchange from 2019 to 2023. Using a quantitative approach with panel data regression, the findings indicate that the number of audit committee members does not significantly affect COE. Furthermore, audit opinion fails to strengthen the relationship between the audit committee and COE, suggesting that investors do not fully consider these factors when assessing risks and expected returns. These results highlight the need for improving the quality and effectiveness of audit committees in overseeing financial reporting processes to enhance transparency and investor confidence. Additionally, firms should ensure that their financial statements reflect accurate and reliable information to mitigate investment risks. The study contributes to the literature on corporate governance by providing empirical evidence on the limited role of audit committees and audit opinions in influencing the cost of equity. From a practical perspective, regulators and corporate decision-makers should emphasize strengthening governance mechanisms beyond mere compliance with regulatory requirements. Enhancing financial disclosures and reinforcing the credibility of audit committees may help reduce perceived risks among investors, leading to lower capital costs. This study underscores the importance of transparency in financial reporting and the role of governance structures in shaping investor perceptions. Future research should explore other governance attributes, such as board independence and financial expertise, in influencing COE to provide a more comprehensive understanding of the determinants of equity financing costs.
Analysis of ESG Disclosure on the Firm Value in Banking Sector IDX 2020-2023
This study examines the impact of Environmental, Social, and Governance (ESG) disclosure on firm value in the banking sector listed on the Indonesia Stock Exchange (IDX) from 2020 to 2023. Utilizing a quantitative approach, this research employs secondary data collected through purposive sampling, resulting in a sample of 80 banking companies that met specific ESG disclosure and financial reporting criteria. ESG disclosure data were obtained based on the Global Reporting Initiative (GRI) Standards, specifically GRI 300 (Environmental), GRI 400 (Social), and GRI 2 (General Disclosures), while firm value was measured using the Price-to-Book Value (PBV) ratio. Multiple regression analysis was conducted to assess the relationship between ESG disclosure and firm value. The findings reveal that environmental, social, and governance factors do not have a significant effect on firm value. This suggests that ESG disclosure in the Indonesian banking sector has not yet been a primary determinant of firm valuation, potentially due to factors such as limited investor awareness, weak regulatory enforcement, or prevailing market skepticism regarding the financial relevance of ESG initiatives. These results contribute to the existing discourse on sustainable banking by providing empirical evidence on the limited impact of ESG disclosure on firm value within the Indonesian banking sector. Furthermore, this study underscores the importance of regulatory bodies in promoting ESG disclosure as a key performance indicator for banking institutions. Future research could examine moderating factors such as financial performance, risk management strategies, or the effectiveness of corporate governance frameworks in strengthening the relationship between ESG disclosure and firm value. These insights are valuable for investors, policymakers, and banking institutions in optimizing ESG strategies to maximize firm value and ensure sustainable financial growth.
Audit Quality under Time Pressure and Fee Constraints: The Moderating Role of Auditor Motivation
This study investigates the influence of time budget pressure and audit fees on audit quality, incorporating auditor motivation as a moderating variable within Public Accounting Firms in Bali Province, Indonesia. Addressing a gap in the literature concerning the interplay between financial and temporal constraints and auditor performance, this research adopts a quantitative approach using Structural Equation Modeling (SEM) via SmartPLS. Data were obtained from 103 auditors through structured questionnaires. The empirical results demonstrate that time budget pressure has a significant positive effect on audit quality (β = 0.265, p = 0.006), as do audit fees (β = 0.246, p = 0.026). Notably, auditor motivation significantly moderates both relationships. Specifically, it amplifies the effect of time budget pressure (β = 0.369, p = 0.003) and audit fees (β = 0.198, p = 0.039) on audit quality. These findings suggest that auditor motivation plays a critical role in mitigating the negative implications of resource constraints and enhancing audit performance. The study contributes to the auditing literature by providing empirical evidence on the moderating role of intrinsic motivation in the audit process. From a practical perspective, it underscores the importance of professional development and equitable compensation strategies in supporting audit quality. Future research is encouraged to explore other contextual or behavioral moderators in different institutional or regulatory settings.
The Effect of Intellectual Capital on Financial Performance in the Banking Industry in Indonesia
In today’s knowledge-based economy, intellectual capital (IC) is increasingly recognized as a strategic asset in the banking sector. This study investigates the impact of IC on the financial performance of Indonesian banks, measured by Return on Assets (ROA). The Modified Value-Added Intellectual Coefficient (MVAIC) model is employed, which includes Capital Employed Efficiency (CEE), Human Capital Efficiency (HCE), Structural Capital Efficiency (SCE), and Relational Capital Efficiency (RCE), to assess IC comprehensively. Using panel data regression, the study analyzes financial data from the ten largest banks listed on the Indonesia Stock Exchange over the 2014–2023 period. The findings demonstrate that IC has a significant positive influence on ROA, with HCE and RCE emerging as the most impactful components. Control variables such as firm size, leverage, GDP growth, and inflation (CPI) are included to ensure analytical robustness. This study contributes to the literature by extending the application of the MVAIC model within an emerging market context. The results highlight the critical role of effective IC management in improving bank efficiency, competitiveness, and long-term financial performance. Future research is encouraged to explore the intersection between IC and digital transformation in banking operations.
The Effect of Profitability and Company Size on Transfer Pricing with Tax Minimization as a Moderating Variable
This study aims to examine the effect of profitability and company size on transfer pricing, with tax minimization as a moderating variable, in mining industry companies listed on the Indonesia Stock Exchange (IDX). Using secondary data from annual reports of mining companies from 2021 to 2023, this research adopts a purposive sampling method to select relevant samples. The study employs descriptive statistical analysis and Partial Least Squares (PLS) for hypothesis testing. The findings reveal that profitability has a positive and significant effect on transfer pricing, indicating that more profitable companies are more likely to engage in transfer pricing practices. Similarly, company size also exerts a positive and significant influence on transfer pricing, suggesting that larger firms tend to use transfer pricing mechanisms more actively. Furthermore, tax minimization strengthens the positive relationship between profitability and transfer pricing, implying that companies with higher profitability and a focus on tax efficiency are more inclined to leverage transfer pricing strategies. Likewise, tax minimization moderates the relationship between company size and transfer pricing, reinforcing that larger firms with tax minimization objectives are more likely to engage in transfer pricing practices. These findings contribute to the understanding of corporate tax strategies and provide insights for regulators in monitoring transfer pricing activities within the mining sector.
Impact of Inflation, Forex Reserves, and Exchange Rates on the Composite Stock Price Index of Manufacturing Firms in Indonesia
This study aims to analyze the influence of macroeconomic factors, namely inflation, foreign exchange reserves, and exchange rates, on the Composite Stock Price Index (IHSG) in Indonesia. The study utilizes secondary data, including IHSG, inflation rates, foreign exchange reserves, and exchange rate fluctuations on the Indonesia Stock Exchange (IDX), and employs multiple linear regression analysis to assess the relationships among these variables. The research adopts a descriptive quantitative approach to systematically describe and interpret the data. The findings reveal that inflation has a positive and significant impact on IHSG, suggesting that rising inflation can stimulate stock market performance under certain conditions. Likewise, the exchange rate demonstrates a positive correlation with IHSG, indicating that currency appreciation may enhance investor confidence and stock price growth. Furthermore, foreign exchange reserves are positively associated with IHSG, reflecting the stabilizing effect of a strong reserve position on financial markets. These results align with existing financial theories that highlight the interconnectedness of macroeconomic stability and stock market performance. The study provides valuable insights for investors, policymakers, and market analysts regarding the macroeconomic determinants of stock market movements. Future research is encouraged to expand the scope by incorporating additional variables, such as interest rates, monetary policy interventions, and global economic trends, to further enhance the understanding of factors influencing IHSG dynamics.
Time Budget Pressure and Psychological Traits as Predictors of Dysfunctional Auditor Behavior
This study investigates the influence of external locus of control, time budget pressure, and professional skepticism on dysfunctional auditor behavior in public accounting firms (KAPs) located in Makassar, Indonesia. Dysfunctional auditor behavior—such as premature sign-offs, underreporting of time, and superficial audit procedures—can undermine audit quality and threaten the integrity of financial reporting. Understanding the behavioral factors that contribute to such unethical practices is crucial for enhancing audit effectiveness. A quantitative research design was employed using primary data collected through structured questionnaires distributed to 40 auditors from various KAPs. The data were analyzed using multiple linear regression to test the relationships among variables. The results reveal that both external locus of control and time budget pressure have a positive and significant impact on dysfunctional auditor behavior. This implies that auditors who attribute outcomes to external factors or experience excessive workload and tight deadlines are more prone to compromise professional standards. Conversely, professional skepticism has a negative and significant effect, suggesting that higher levels of skepticism can reduce the likelihood of dysfunctional actions. The findings highlight the need for audit firms to strengthen professional skepticism through targeted training and to manage time pressures to reduce unethical behavior. This study offers practical implications for regulators, firms, and audit educators.
Accounting Treatment of Zakat at the National Zakat Agency (Baznas) of Nunukan Regency
This study aims to evaluate the accounting treatment of zakat at the National Zakat Agency (BAZNAS) of Nunukan Regency in accordance with the implementation of PSAK 109. Using a qualitative descriptive method with a comparative analysis approach, the study finds that BAZNAS Nunukan generally complies with PSAK 109 in terms of recognition, measurement, presentation, disclosure, and financial reporting. Zakat income and expenditure are recognized on a cash basis, aligning with PSAK 109 provisions. Although the agency has not yet received non-cash zakat assets, it applies prevailing market prices for valuation purposes. The agency demonstrates transparency in disclosing the distribution of zakat, infaq, and sadaqah (ZIS) funds, and its financial reports include a statement of financial position, statement of changes in funds, cash flow statement, and notes to the financial statements. However, challenges remain in fully optimizing the efficiency and transparency of zakat management. This study highlights the importance of standardized accounting practices to improve accountability in zakat institutions. Future research is recommended to explore the integration of digital technologies in zakat financial management systems. This study contributes to the development of Islamic financial reporting by reinforcing the relevance of PSAK 109 in enhancing institutional governance and stakeholder trust.
Digitalization and Strategic Development in Enhancing Islamic Pawnshop Products for Financial Inclusion
The advancement of Islamic pawnshops in the digital era reflects a strategic move toward increasing competitiveness and enhancing financial inclusion. This study aims to examine the implementation and effectiveness of the Digital Islamic Pawnshop Information System, particularly in improving service accessibility, operational efficiency, and customer engagement. Using a qualitative approach with case analysis and literature synthesis, the study identifies key benefits such as remote transaction capabilities, streamlined application processes, and improved customer responsiveness. Findings indicate that digital transformation in Islamic pawnshops significantly contributes to financial inclusion by expanding access for underserved communities. However, the transition also faces challenges, including limited internet infrastructure, digital literacy gaps, and cybersecurity risks. To address these issues, Islamic pawnshops have adopted digital education initiatives and are gradually strengthening data protection protocols. This study highlights the need for continuous innovation and policy support to optimize digital service delivery in Islamic finance, reinforcing its role in achieving inclusive economic development.
Ijarah Muntahia Bittamlik: Comprehensive Analysis and Implementation in Sharia Financial Business in Indonesia
Ijarah Muntahia Bittamlik (IMBT) is a Sharia-based financial instrument that merges the concept of leasing (ijarah) with a transfer of ownership, offering an innovative solution for long-term asset financing. This study aims to comprehensively analyze IMBT, comparing it with conventional leasing (ijarah) and evaluating its application in Indonesia's Islamic financial sector. A qualitative method with a descriptive-analytical approach was employed, drawing on literature reviews and industry data. The findings show that IMBT offers greater flexibility compared to conventional ijarah, especially in asset ownership transfer. In Indonesia, various Islamic financial institutions have implemented IMBT, but its growth faces challenges such as regulatory limitations, standardization of contracts, and low public awareness. The study emphasizes the need for enhanced regulation and greater efforts in public education to facilitate wider adoption. It also highlights the significant role of IMBT in addressing the increasing demand for Sharia-compliant asset financing, such as property and vehicle purchases. By providing practical recommendations, this study contributes to the development of IMBT literature and supports stakeholders in the Islamic financial industry to better utilize this financial product. IMBT's potential for growth in Indonesia is significant, especially in light of the expanding Islamic finance sector and increasing demand for asset financing solutions that align with Sharia principles.
System Implementation and Governance in Sharia Financial Institutions
Islamic finance institutions (IFIs) are bound by principles that extend beyond profit-making; they must ensure accountability to Allah SWT in their operations. These institutions are required to adhere strictly to Sharia standards, which guide their governance and systems. This study aims to examine the implementation of systems and governance in IFIs in Indonesia. A descriptive qualitative approach, utilizing library research, was employed to explore this subject. The findings reveal that the primary goal of the Islamic financial system is to redistribute wealth, facilitating the transfer of funds from savers to borrowers in need, thereby promoting economic growth and enhancing social welfare. Shariah governance (SG) is a unique framework that ensures compliance with Islamic laws, akin to the historical concept of hisbah. Effective governance is essential for the success of Islamic finance institutions, ensuring that they operate in accordance with Sharia principles. This study underscores the significance of SG in regulating these institutions, highlighting the role of the Sharia Supervisory Board (SSB) in maintaining Sharia compliance. Furthermore, regulatory frameworks in Indonesia, including laws and guidelines from the National Shariah Board (DSN), ensure that IFIs adhere to these standards, thereby reinforcing their commitment to Islamic ethics and promoting trust within the community
Fraud Prevention In Village Financial Management (Literature Review)
This study aims to identify and synthesize the key factors that influence fraud prevention in village financial management through a systematic literature review. A total of 25 peer-reviewed articles published between 2015 and 2024 were selected using predefined inclusion criteria from reputable databases such as Scopus, Web of Science, and Google Scholar. The findings reveal three major categories of influencing factors: (1) individual and psychological elements, including attitudes, self-awareness, and personal morality; (2) organizational mechanisms, such as internal control systems, ethical organizational culture, human resource competence, whistleblowing systems, accountability, and compensation structures; and (3) external pressures, including coercive, mimetic, and normative pressures. Among these, individual morality and human resource competence emerge as the most critical components for minimizing fraudulent practices. Self-awareness among village officials also plays a vital role in encouraging ethical behavior. The study contributes to the literature by presenting an integrative conceptual framework that links psychological, organizational, and environmental factors affecting fraud prevention in decentralized financial governance. It highlights the importance of fostering ethical cultures and strengthening institutional controls at the village level. Future research should empirically validate the proposed framework and explore regional variations to develop more targeted strategies and policy recommendations for improving transparency and financial accountability in village governance.
The Role of Information Technology in Improving Information Systems: A Comprehensive Review
This study explores the strategic significance of Information Technology (IT) in enhancing organizational competitiveness, particularly through its impact on employee productivity, decision-making processes, and business process efficiency. The rapid evolution of digital technologies has compelled organizations to integrate IT as a core component of their operational and strategic frameworks. To examine this relationship systematically, the study employs a Systematic Literature Review (SLR) method, analyzing 15 peer-reviewed articles published between 2018 and 2023. Articles were selected based on inclusion criteria such as relevance to IT adoption, methodological rigor, and empirical depth. The review identifies key factors that influence successful IT integration, including top management support, user training, trust in system reliability, and perceived usefulness. Notably, 80% of the reviewed studies demonstrate a strong positive correlation between IT integration and employee performance, especially in enhancing data accessibility, enabling real-time collaboration, and supporting informed decision-making. Furthermore, the findings reveal that effective IT usage contributes not only to financial performance but also to non-financial outcomes such as employee satisfaction and organizational adaptability. These results underscore the strategic value of IT in fostering both operational excellence and workforce empowerment. The study offers practical recommendations for managers and policymakers to enhance IT adoption strategies and align technological initiatives with organizational goals.
Human Resource Competence and Internal Control Systems in Regional Government Financial Reporting: A Systematic Review
This study aims to examine the influence of human resource (HR) competence and internal control systems on the quality of regional government financial reports, addressing the lack of integrated findings in recent literature. Using a Systematic Literature Review (SLR) approach, 25 peer-reviewed articles published between 2019 and 2024 were selected from academic databases based on relevance and methodological rigor. The review reveals that HR competence—particularly in financial knowledge, professional experience, and adherence to accounting standards—significantly improves reporting accuracy. Moreover, the presence of robust internal control systems plays a critical role in monitoring processes, ensuring regulatory compliance, and reducing the risk of fraud. The study highlights the importance of integrating qualified HR and strong internal controls to promote transparency and accountability in regional government financial management. These findings provide strategic insights for public sector policymakers and lay the groundwork for future research on financial governance.
PENERAPAN PPN MASUKAN DAN PPN KELUARAN PADA PT.KARYA MANDALA PUTERA SULAWESI SELATAN
This study aims to assets whether the application of value and added tax value and value added tax on PT.The work of the mandala son has been in accordance with the tax laws in 2017.The type of research used in this research is case study with quantitative descriptive approach.The data is processed Lis tax output and input on PT.Work mandala son of 2017 obtained from tax reports such as value added tax during the year 2017.while the data analysis techniques used in the study is to collect the necessary data that comes from the company and then describes it as a whole. Based on the results of data processing can be concluded that appilacation of value added tax on PT.Work of the mandala son for collection,recording,reporting is in accordance with the law number 42 of 2009 regarding value added tax.
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ANALISIS EFEKTIVITAS PENAGIHAN PAJAK DENGAN SURAT PAKSA DAN KONTRIBUSINYA TERHADAP PENERIMAAN PAJAK PADA KANTOR SAMSAT GOWA
The analytical method in writing this thesis is a quantitative descriptive method, which is an analysis that emphasizes the discussion of data and research subjects by presenting data systematically and not concluding the results of the study. In this study researchers used Quantitative Descriptive analysis techniques. This study aims to determine the level of effectiveness of tax collection by forced mail and its contribution to corporate income tax revenue at the Gowa Makassar Samsat office. From the results of the study it can be concluded that the collection of tax with a forced letter in the Gowa Makassar Samsat office is classified as Effective but the Tax Billing Contribution by forced letter to the tax revenue at the tax service office at Uptd Gowa Regional Income is classified as very less in terms of its nominal value.
ANALISIS MANAJEMEN PERKREDITAN UNTUK MENINGKATKAN PROFOTABILITAS PADA PT BANK SULSELBAR DI MAKASSAR
Research aims to determine the effectiveness and growth of indigenous revenue in the district Revenue Service Makassar City. This type of research is quantitative descriptive. The population of this research is the financial report of Makassar City District revenue office. Samples taken from the financial report of the Makassar City District revenue office in the last five years, from 2013 until 2017. Data analysis uses the ratio of effectiveness and native revenue growth, indicating that from both analyses of financial ratios are effective.