Company Accounting Research Articles

Preventing Practices of Manipulating Accident Data in the Coal Mining Sector Using Mobile Applications in East Kalimantan, Indonesia

Objective: The practice of manipulating data on work accidents and potential hazards still occurs, especially in the coal mining sector. A mobile application for reporting work accidents and potential hazards is required so that data manipulation practices can be prevented.Material and Methods: The research design used was exploratory, which aimed to introduce and explore the capabilities of the SIKAP mobile application (Information System for Occupational Accidents, Occupational Diseases and Potential Hazards) to prevent data manipulation practices. Researchers involved thirty coal mine workers, using the SIKAP application, which had been tested on three information systems experts using the black box testing method. Results: Every worker had the opportunity to report work accidents and potential dangers via the SIKAP application on the worker’s account. Companies can receive and follow up on worker reports via the company account. Regional governments in the field of labor development and inspection can monitor reports through government accounts. The SIKAP application is integrated and synchronized between workers, companies and the government.Conclusion: The SIKAP application is able to prevent the practice of manipulating work accident reporting data and potential hazards in the coal mining sector.

The Influence of Eco-Control, Company Size, Environmental Performance on Sustainability Reporting Disclosure

Sustainability reporting in Indonesia has become a mandatory report published by financial institutions and public companies listed on the Indonesia Stock Exchange. Obligations related to sustainability reporting refer to Statement of Financial Accounting Standards (PSAK) No.1 Revised 2019, namely that companies are required to disclose additional reports related to environmental life. Under the Global Reporting Initiative (GRI) 2021 standards, the information on a company's applicant list can build stakeholder trust, maintain reputation, increase company value and demonstrate company accountability. Factors that can encourage disclosure of sustainability reporting are Eco-control, company size and environmental performance. One industry that is closely related to the environment and natural resources is the agricultural industry, apart from having a positive impact, there are also negative impacts that also cause harm to the environment. The sample in this research is agricultural sector companies listed on the IDX for 2018-2022. The research uses multiple linear analysis methods with SPSS 23 statistical software. After testing the hypothesis, the results obtained are that Eco-control has a positive influence on sustainability reporting disclosures, while the company size variable has no influence on sustainability reporting disclosures, starting with the environmental performance variable. .

Determinants of Carbon Emission Disclosure in Non-Financial Companies Listed on IDX

According to a report by the Climate Transparency organization, Indonesia is in a critical situation. The organization states that the Indonesian government is not taking adequate steps to meet the Paris Agreement's target of limiting global temperature rise to 1.5°C. As the world's fifth-largest carbon emitter, Indonesia requires concrete actions to reduce its carbon emissions. One approach is to enhance the responsibility and accountability of companies in carbon-intensive industries to disclose their emissions. This study aims to identify the factors influencing carbon emission disclosure. The research uses a population of non-financial sector companies listed on the Indonesia Stock Exchange (IDX) for the period 2021-2023, with 52 samples selected through purposive sampling. Multiple linear regression analysis is applied in this study to examine the relationship between the independent variables and the dependent variable. The results show that firm size affects carbon emission disclosure, while leverage and managerial ownership do not impact carbon emission disclosure.

Accounting System Development Methodology

An accounting system development methodology is a series of procedures implemented by systems analysts to improve a company's current accounting system. Library Research (Library Research) is a method or approach used by researchers. Library research and inquiry have more than just the functions mentioned in the context of obtaining research data. This means that library research is only limited to library collection materials and does not require field research. However, library research is a method of obtaining data that involves reviewing books, literature, notes and various reports that are relevant to the problem at hand, in accordance with the opinions of experts. In the process of implementing an inadequate Accounting Information System (AIS) in a company, there are several irregularities that occur. Because of this, the company's Accounting Information System needs to be developed in a better direction. This is to ensure that the information the company needs is more appropriate.

Pondok Pesantren's Transformational Leadership Analysis of the Financial Reporting Company's Accountability

Purpose: It is not possible to evaluate the accountability of Islamic boarding schools in terms of openness as ideal, efficient, or successful. The question that arises is whether transformational leadership and trust affect the accountability of Darul Istiqomah Hutapadang Islamic Boarding School’s financial reports. This study sought to ascertain how transformational leadership and trust affect financial report accountability at Darul Istiqomah Hutapadang Islamic Boarding School. Methodology/approach: The research method used in this study was to use quantitative methods with multiple linear regression analysis using descriptive statistics, validity test, reliability test, normality test, classical assumption test, multicollinearity test, heteroscedasticity test, hypothesis test and multiple linear regression analysis test to obtain the results of the study used the SPSS version 26 application, the data used in this study were primary data obtained directly from the answers of 30 respondents who were teachers and staff of the Islamic boarding school office. Results: The findings indicate that while transformational leadership has a largely negative impact on accountability, the trust variable has a partially positive impact. Accountability is simultaneously influenced by both transformative leadership and trust. Limitations: Ownership structure and ownership has no relationship with debt policy Contribution: Ayu Lestari Indri (2022) The study's findings show that dividend policy, domestic institutional ownership, and foreign institutional ownership all significantly and favorably affect firm value. The effect of foreign institutional ownership on dividend policies is substantial and detrimental. Domestic institutional ownership has no impact on dividend policy. Foreign Institutional Ownership of Firm Value cannot be mediated by Dividend Policy as an intervening variable. Dividend Policy cannot mediate Domestic Institutional Ownership of Firm Value as an intervening variable.

Comments of the Auditing Standards Committee of the Auditing Section of the American Accounting Association on the PCAOB’s Proposal on Firm and Engagement Metrics

SUMMARY On April 9, 2024, the Public Company Accounting Oversight Board (the Board or PCAOB) issued a request for comment on its proposal Firm and Engagement Metrics (PCAOB 2024a). This comment letter summarizes the views of the participating members of the Auditing Standards Committee of the Auditing Section of the American Accounting Association. We commend the PCAOB for its efforts to promote audit quality by emphasizing firm and engagement metrics. Based on our evaluation of the proposal, we offer some overall observations, key takeaways from academic research, and perspectives on the PCAOB’s economic analysis.

Audit Partner Characteristics and Their Impacts on Audit Quality: Evidence from around the World

Public company audits are not homogenous. Varying audit partner attributes, including gender, age, location, and expertise, play important roles in explaining audit outcome disparities. The extant literature underscores the influence of firm-level and office-level differences, in areas such as size, culture, and industry expertise, in shaping audit outcomes. Commonwealth countries, such as the U.K., Australia, New Zealand, and Continental European countries, along with Asian economic entities, mandate the disclosure of audit partner names. Consequently, significant research efforts have been devoted to investigating the impact of audit partner characteristics on audit outcomes in these jurisdictions. With the adoption of Public Company Accounting Oversight Board (PCAOB) Rule 3211, mandating disclosure of audit engagement partner details for U.S.-registered public accounting firms on Form AP, there has been a surge in U.S. firm research exploring the significance of audit partner characteristics on audit outcomes in recent years. This paper outlines research that considers audit partner attributes’ influence on audit partner selection and audit quality across different economic entities. This entry contributes by synthesizing findings from recent research across diverse economic contexts, including the recently available insights from U.S.-based audits. The analysis of this entry not only provides insights into the current state of audit partner research but also delineates avenues for future research on this topic.

*Thinking on the Delisting of ST Collin due to Financial Fraud

The Securities and Futures Commission (SFC) announced 2022 financial fraud cases are common, but because of the professional managers of false manipulation is rare, so this paper selected Collin environmental protection equipment Co., Ltd. based on business ethics and professional ethics perspective on its delisting due to financial fraud analysis, respectively, on the company's accounting staff and professional managers to reflect on the perspective, and to address the problem of the corresponding solutions and recommendations, hoping for the current corporate moral governance imbalance in the reality of the problem of reflection, the company's accounting staff and professional managers. We also propose corresponding measures and suggestions to solve the problem, hoping to provide reflection and reference for the reality of the imbalance of corporate moral governance, and expecting practitioners to improve the quality of professional ethics and to be alert to the ethical edges.

True Costing in Logistics & Supply Chain Management: How do we make decisions based on True Economic Trade-Offs (T-ETOs)?

Decision-making in logistics (including /supply chain management) is often based on traditional cost-price information from a company's accounting department. Externalities, like social and environmental impact, are usually not included in decision-making. To include a more integrated trade-off, the cost-price information should include information on the traditional costs and the costs of externalities like fair wages (social costs) and costs of damage, pollution, etc. (environmental costs). The article provides an overview of traditional costs and attempts to monetise externalities (by using the concept of shadow prices and the Lagrange multiplier or λ) as a base for decision-making in logistics. Some case studies are presented from the last decade and an example of a true economic trade-off for buying a diesel truck-tractor or an electric truck-tractor. In the previous example, much decision data is missing because no track record has yet been developed in this industry. The key issue is making external effects measurable so that business practices can make sound decisions based on financial, social, and environmental data. The author ends the contribution with a call for further (applied) research into true pricing in logistics.

Pengaruh Tata Kelola Perusahaan, Komite Audit, Dan Kualitas Audit Terhadap Kinerja Perusahaan

Corporate governance, audit committee, and audit quality are important factors that can influence company performance. Good corporate governance can create an effective internal control system, increase transparency and maintain company accountability. The audit committee, as part of corporate governance, plays a role in overseeing the financial reporting process, evaluating the internal control system, and monitoring external audit performance. High audit quality can increase stakeholder confidence in the company's financial reports and provide guarantees for the accuracy and reliability of financial information. This research aims to analyze the influence of corporate governance, audit committee, and audit quality on company performance. Corporate governance variables are measured using corporate governance scores, while audit committee variables are evaluated based on the characteristics and effectiveness of the audit committee. Audit quality is assessed by the reputation and experience of the external auditor. Meanwhile, company performance is measured using financial ratios such as return on assets (ROA) and return on equity (ROE). This research uses data from companies listed on the Indonesia Stock Exchange (BEI) during a certain period. Data analysis was carried out using the multiple linear regression method to test the influence of independent variables on the dependent variable. It is hoped that the findings of this research will contribute to the development of corporate governance practices, audit committee management, and improvement of audit quality in Indonesia, as well as provide insight for companies in efforts to improve their financial and operational performance.

IMPLEMENTASI LEAN ACCOUNTING PADA PERUSAHAAN INDUSTRI

The traditional accounting system that can no longer adjust to the industrial company system encourages the birth of lean accounting. Lean accounting is an approach created to support the development of lean manufacturing by using systems and methods created based on lean principles, namely Visual Performance Measurement, Continuous Improvement (CI), Value Stream Costing, and Target Costing. The writing of this article aims to find out how the implementation of lean accounting in industrial companies. The method used in this research is the literature study method. The results of this study state that the implementation of lean accounting in industrial companies has a positive impact on company performance so that companies can save costs, reduce waste, improve operational efficiency, and help companies make the right decisions with accurate information.Key words: Lean accounting, Visual Performance Measurement, Continuous Improvement (CI), Value Stream Costing, and Target Costing.

Effective creation of ESG reporting using data from financial accounting in the food industry company

Environmental, social, and governance (ESG) reports in the synergy of the accounting system of the company. In building a system for ESG reporting, it is necessary to comply with valid transnational and national levels and at the same time create a system that will be able to fulfil its tasks in the future. This study presents an analysis possibility of using the company's accounting system for the efficient creation of ESG reporting. The paper presents the focused on the investigation of factors that influence the tendency to using the financial data for effective ESG reporting. Next step of the conducted analysis was the estimation of individual model to investigate specific factors and to identify differences between selected companies of food industry in region of western Slovakia. We used Binary logit model for estimated, based on the data coming from questionary survey in selection company. In this study strongly significant variable DocFA with a positive effect on the dependent variable referred to the agreement of respondents to use documentation from financial accounting for effective ESG reporting. For instance, respondents from the selected western region of Slovakia in the field of food industry have an 82% higher chance of using this documentation for effective ESG reporting. Significant variable AccountS is strongly significant (p-value less than 0.01) in selected companies in western region of Slovakia in field of food industry, which has positive impact to use financial data for effective ESG reporting.

Impact Assessment of CSR in India - A Study on Bse Sensex Companies

The present study is an attempt to investigate the recent trends in impact assessment of CSR projects undertaken by companies in the backdrop of the amendment of the Companies (CSR Policy) Rules, 2014 which mandates companies, satisfying certain eligibility criteria, to initiate impact assessment by independent external agencies. Based on the sample of BSE SENSEX companies, the study brings out some interesting insights such as the nature of projects, nature of assessing agencies, magnitude of expenditure, methodology and framework adopted for the assessment and concludes that Indian corporate sector can be immensely benefited by this exercise which aims to improve the transparency and accountability of companies undertaking the CSR initiatives.

Moderating Role of Profitability in The Association Between Green Accounting and Firm Value

Environmental pollution often occurs in various parts of the world, including Indonesia. Indonesia, with abundant natural resources, raises new environmental issues. Companies in the mining and coal sector cause significant environmental damage in Indonesia. Not infrequently, these companies are less aware of the importance of preserving the environment. Most companies only think about profit without paying attention to environmental sustainability. This study aims to analyze and determine the effect of green accounting implementation on firm value and profitability on moderating the interaction between green accounting and firm value. This study uses data from 14 companies engaged in mining and coal for 2020-2022 on the Indonesia Stock Exchange (IDX) website and the Proper Value Index issued by the Decree of the Ministry of Environment with a sample of 42 sample data. The test was conducted using panel data multiple linear regression analysis. This study concludes that green accounting affect firm value. Profitability has not been able to model the interaction between green accounting and firm value. This study is expected to add to the literature on financial accounting, sustainability accounting, and green accounting, especially regarding firm value and investor reaction. This research is also expected to provide attention to companies in Indonesia to improve their green sustainability. There is a need to increase the role of the government in overseeing the implementation of green accounting in companies to ensure the sustainability of the Indonesian environment.

The Use of Social Responsibility Accounting In Industrial Companies and Its Impact on Achieving The Dimensions of Sustainable Development Analytical Study of The Vegetable Oil Company - Al-Rasheed Factory

This The research aims to identify the role of the use of social responsibility accounting in industrial companies and its impact on the dimensions of sustainable development, where the use of social responsibility accounting in industrial companies was measured (as an independent variable) by designing a questionnaire containing a number of questions investigating that purpose and directed to the employees And workers of the Vegetable Oil Company - Al-Rasheed Factory, the research sample (managers, heads of departments, employees, workers) contains measuring the dimensions of sustainable development (as a dependent variable), And then trying to find the Effect relationship between the independent variable and the dependent variable by means of the correlation coefficient person s' to confirm the validity or error of the research hypotheses, and the researcher reached conclusions, the most important of which (there is a clear interest by the senior management to use social responsibility accounting in the vegetable oil company), while he recommended The researcher made a set of recommendations, the most important of which (industrial companies in Iraq should benefit from the use of social responsibility accounting to develop their business and serve the community and ensure the achievement of sustainable development dimensions).

Can the text features of regulatory inquiry letters predict companies’ financial restatements? Evidence from China

PurposeSince the implementation of the regulatory inquiry system, research on its impact on information disclosure in the capital market has been increasing. This article focuses on a specific area of study using Chinese annual report inquiry letters as the basis. From a text mining perspective, we explore whether the textual information contained in these inquiry letters can help predict financial restatement behavior of the inquired companies.Design/methodology/approachPython was used to process the data, nonparametric tests were conducted for hypothesis testing and indicator selection, and six machine learning models were employed to predict financial restatements.FindingsSome text feature indicators in the models that exhibit significant differences are useful for predicting financial restatements, particularly the proportion of formal positive words and stopwords, readability, total word count and certain textual topics. Securities regulatory authorities are increasingly focusing on the accounting and financial aspects of companies' annual reports.Research limitations/implicationsThis study explores the textual information in annual report inquiry letters, which can provide insights for other scholars into research methods and content. Besides, it can assist with decision making for participants in the capital market.Originality/valueWe use information technology to study the textual information in annual report inquiry letters and apply it to forecast financial restatements, which enriches the research in the field of regulatory inquiries.

Development Of Student Teaching Materials Using An Inquiry Approach Oriented On Critical Thinking Ability In Service Company Accounting Courses

University is a continuation of secondary education which is organized to prepare students to become members of society who have academic and professional abilities who can apply, develop and create science, technology and the arts. Learning in higher education is not just about providing material on a particular topic but must also provide a learning experience that enables the development of student independence in learning so that it can improve student learning achievement. There are several obstacles in studying Service Company Accounting in the D3 Accounting Study Program at Pamulang University, including: (1) lecturers are still the main source for learning accounting; (2) the books used by students are inadequate for a conducive learning process; and (3) students find it difficult to understand the contents of the available textbooks so that students' motivation to learn becomes less. Apart from that, based on the results, students' critical thinking abilities are still low. This is what prompted researchers to prepare Student Teaching Materials (BAM) using an inquiry approach oriented towards thinking skills in the hope that it will make it easier for students to learn Service Company Accounting. The aim of this research is to produce Student Teaching Materials (BAM) using an inquiry approach oriented towards thinking skills using an inquiry approach oriented towards critical thinking skills in quality Service Company Accounting lectures based on the aspects: (1) validity, (2) practicality, and (3) ) effectiveness.. This research is a type of research and development. The development in this research is the development of Student Teaching Materials (BAM) using an inquiry approach oriented towards thinking skills using an inquiry approach oriented towards critical thinking skills in Service Company Accounting lectures. The development model used in this research is the Borg & Gall development model. Theoretically, the results of this research will improve students' critical thinking skills and the resulting products can be used in Service Company Accounting lectures.

Exploring the Success of Implementing Project-Based Learning Model in Accounting Learning Material

This study aims to explore the success of implementing the Project Based Learning (PjBL) model in the elements of Service, Trade, and Manufacturing Company Accounting. The approach used in this research was qualitative with a case study method. This research selected one vocational school with high integrity, namely SMKN 1 Banyudono, with several informants consisting of students in Financial and Institutional Accounting classes, Accounting Teachers, and the School Principal. Data collection methods included interviews, observations, and documentation studies, with data validity tested through technique triangulation and source triangulation. The collected data was analyzed through three activities: data reduction, data presentation, and drawing conclusions or verification. The results showed that PjBL had a positive impact on students' learning outcomes, the quality of learning, and learning motivation. However, its weakness laid in requiring longer project implementation time and preparation. Nevertheless, PjBL can create an innovative learning environment, make graduates more prepared for the industrial world, and have a positive impact on students' learning outcomes and the quality of learning.

Pelatihan Manajemen Keuangan Internal dan Utang Kepada Karyawan Pt. Anak Rantau Riau

Good financial management has a very important role in the long-term success of a company. However, currently, there are still many companies that experience problems in terms of managing their company's finances, one of which is PT. Anak Rantau Riau. This company is a service and goods company engaged in sports, namely fitness and workout sports. PT. Anak Rantau Riau experienced problems in the form of differences between the money received in the company account and the revenue recorded in the point on-sales system and several times made payments twice for the same invoice. Seeing this, of course, there needs to be steps to follow up so that nothing like that happens in the future. To follow up on this, discussions with company employees were held to determine what platforms and techniques were suitable and easy to implement to overcome the company's problems. Then, followed by providing direction to employees regarding the utilization of Microsoft Excel and spreadsheets as well as knowledge about the importance of even the smallest difference in money in finance. Finally, there will be an assessment of the results of the training. The result of the follow-up is that the problem of discrepancies between the money in the account and the revenue recorded in the point on-sales system can be minimized and there is no need to pay invoices twice for one invoice. Keywords: Internal Financial Management, Debt Management, Point on Sales System

The management income statement as an untapped reporting opportunity in small and medium-sized enterprises

Purpose: The main aim of the article is to present the concept of managerial account reporting for a production company from the SME sector, using case studies. The auxiliary aims were to present the systems of managerial account reporting for different sectors in the literature and to explain its absence in Polish companies. Methodology/approach: The article is based on the implementations of cost accounting in companies in different sectors. The case study method is applied in the study.Findings: The article presents case studies that describe in-house managerial account reports in companies from different sectors and the reasons for not using such solutions in Polish companies.Research limitations/implications: The consequences of the typical ʽaccountancyʼ approach in financial reporting in SMEs is the lack of and the limited usefulness of accounting as such in managing a company.Practical implications: A properly constructed in-house plan of accounts makes it possible to pre-pare a managerial account report for decision-making.Originality/value: The article constitutes a summary and a reflection on the construction and use of managerial accounting tools in company management and SME accounting.