Financial Information System Research Articles

Objective-based survival individual enhancement in the chimp optimization algorithm for the profit prediction using financial accounting information system

This paper develops an innovative Objective-based Survival Individual Enhancement approach for the Chimp Optimization Algorithm (OSIE-CHOA) designed to enhance financial accounting profit prediction using information systems. The OSIE-CHOA focuses on improving the search process by simultaneously elevating the fitness of under-performing individuals within a population and strengthening the diversity among the top-performing ones. Within the OSIE-CHOA, we identify the four most promising chimps during each iteration. Subsequently, half of the highest-performing chimps are selected for elimination and repositioning around these fortunate individuals, with an equal probability assigned to each chimp. According to the experimental findings, it is clearly seen that OSIE-CHOA considerably enhances prediction accuracy, allowing a decrease in the root mean square error (RMSE) by 15% and the mean absolute error (MAE) by 18% compared to the traditional CHOA. Moreover, OSIE-CHOA shows a convergence rate that is 20% higher, which makes it a good and efficient tool for financial analysts who require accurate and reliable profit forecasting. By facilitating the optimization of profit prediction models, OSIE-CHOA leads to the improvement of decision-making within the context of financial accounting information systems.

The Influence of Employees’ Attitudes Towards Implementing Financial Management Information Systems In Public Institutions In Tanzania

Employees are the key players in successfully implementing the Financial Management Information Systems (FMIS) in public institutions. Therefore, it is important to understand and address the attitudes of employees towards behavioural intentions to use these systems. However, the empirical evidence specifically targeting FMIS implementation in public institutions is limited. This study determined the influence of employees' attitudes towards implementing FMIS in public institutions. The study adopted a quantitative research approach and the Decomposed Theory of Planned Behaviour (DTPB) in which a structured questionnaire was used to collect primary data. The study applied data analysis through SPSS to test Pearson Chi-Square, One-Way ANOVA and Ordinal Regression Analysis. The study found that attitudes influence the implementation of FMIS in public institutions. The findings suggest that public institutions have to strategise how to change the attitudes of employees to adapt to the use of information systems. The institutions should work towards complete participation of employees in the requirements of system users, adequate communication during implementation, hands-on training, and full support from developers of such systems. Also, the government must ensure that all the employees who are the principal users of these systems know the benefits of these accounting systems in day-to-day operations.

Analysis of Factors Influencing User Satisfaction with The Benefits of The Information System In The SIPD-SIKD Application of The Special Capital Region of Jakarta

The use of the Regional Government Information System (SIPD) is increasingly important to optimize the performance of local governments, one of which is in regional financial management which is carried out electronically with the implementation of the Regional Financial Information System (SIKD). The success of the implementation of SIPD-SIKD does not only depend on the technical aspect, but also on the level of acceptance and user satisfaction with the benefits of the information system, as measured by the level of user satisfaction and the intensity of using the system. This study aims to analyze the factors that affect user satisfaction with the benefits of information systems. This study integrates the UTAUT and Delone-McLean models, both models describe the relationship between variables and take into account user behavior when using information systems, as well as measure the success of information systems through user satisfaction. This study uses a quantitative approach with data collection techniques using questionnaires distributed online as many as 350 respondents. The analysis technique in this study uses SEM-PLS using SmartPLS software. Based on the results of data processing, it shows that performance expectations, business expectations, facilitation conditions, information quality, and system quality have an influence on user satisfaction. Furthermore, user satisfaction affects the benefits of information systems both at the individual and organizational levels.

Russian Experience in Legal Regulation of BRICS Investment Platforms

Aim. The article aims to formulate the problem of formation of such type of investment institutions as investment platform in BRICS.Tasks. The objectives of the article are defined by the fact that the executive director of the Russian Direct Investment Fund proposed to create a joint investment platform of BRICS countries, allowing BRICS members to invest more actively in the economies of their partners. And as is known, BRICS countries currently play a significant and constantly growing role in world politics and international relations. Methods. In the process of research the set tasks were solved by the author usin g general scientific (historical, dialectical, systemic, logical, method of analysis) and legal (comparative legal, sociological, axiological) research methods.Results. The result of the research is the proposal based on the Russian experience of regulation of platform services (financial platforms, investment platforms and information systems) on the formation on the basis of the Russian regulation model of the concept of building the corresponding institution within BRICS. At the same time, the article also draws attention to possible problems that may arise during the preparation of the relevant international act. In particular, the implementation of this initiative raises a wide range of technical, economic and legal issues that require detailed consideration.Conclusions. When choosing specific investment methods that can be used on such a platform, it is necessary to take into account the needs of businesses and the population, both in the long-term and short-term attraction and placement of resources. In particular, legal regulation of the choice of the legal regime for investment should influence the choice of the legal status of entities that will be admitted to such a platform, highlighting, for example, qualified investors or retail investors.

Disclosure of Transparency, Accountability and Value for Money Concept in Public Sector Financial Management: A Systematic Literature Review

This study aims to examine the implementation of transparency, accountability, and the concept of value for money in public sector financial management. The method used is a Systematic Literature Review (SLR), selecting relevant articles from the Scopus database published, the research identifies these principles as crucial in enhancing efficiency, effectiveness, and public trust. The results indicate that transparency and accountability play a crucial role in improving public financial governance and significantly contribute to enhanced financial management efficiency and public trust. The concept of value for money, focusing on efficiency, economy, and effectiveness, is essential in ensuring that each budget expenditure provides maximum benefits and proves beneficial in optimizing budget use. However, challenges such as a lack of information transparency, public involvement, and regulatory constraints remain obstacles to its implementation. Therefore, improving the quality of financial information systems and strengthening human resources capacity are essential for achieving better public financial management and enhancing public service quality.

The Impact of Managerial Accounting Techniques on Short-term Decisions

This study aims to determine the importance of managerial accounting in the process of short-term decision-making. Since managerial accounting is a crucial component of the financial information system and is crucial in making decisions in big companies or SMEs, while managerial accounting is only briefly discussed in the majority of economic units, there are some organizations where certified public accountants view managerial accounting as an optional component of the business. Financial data was collected from one of the SME companies in KRG/Sulaimani governorate, which is Mariwan Gallery, located in Bazian. The results indicate that managerial accounting has a significant effect on the process of short-term decision-making. This study recommends that all businesses, including small shops, hire accountants in order to make critical financial decisions. This helps businesses perform better, and it also provides more job opportunities for society.

Evaluation of the Village Financial Information System (SISKEUDES) in Enhancing Governance and Financial Transparency in Indonesian Village Administration

This study analyses how Sistem Keuangan Desa (SISKEUDES, Village Financial System) can enhance trust, transparency, and good governance through user satisfaction and the net benefits of governance quality in the village context, focusing on information quality, system quality, and service quality. The research method used is path analysis, using path coefficient and t-statistics analysis. This study's primary data collection method is through surveys from the source. The questionnaires were distributed to respondents via email, direct contact person, and social media. Respondents were selected using a purposive sampling technique, with a total of 101 respondents. This result shows that the quality of information, systems, and services provided by the SISKEUDES application significantly affects user satisfaction and governance quality in village settings, enhancing trust, transparency, and good governance. These findings imply that reliable accounting information systems like SISKEUDES can improve the transparency and accountability of village fund management. This research contributes significantly to understanding the role of financial accounting information systems in improving village financial management and helping to create a more transparent and accountable environment at the village level. In addition, to address gaps in the literature or provide practical insights for policymakers or IT developers working on public sector financial systems.

Digital transformation in waste management: Enhancing financial transaction efficiency at a waste bank

Waste management poses a serious global challenge. Indonesia, as one of the world's largest waste producers, faces significant impacts from this issue. At Bank Sampah Pamulang 25, manual transaction recording has been a major problem leading to various difficulties and data inaccuracies. To address this, the Community Partnership Program (PKM) was implemented focusing on developing the Waste Bank Financial Information System (SIKEBAS) to enhance efficiency and productivity. The research method used was Community-Based Participatory Research (CBPR), involving collaboration between local communities, students, and lecturers. Through a series of activities, the SIKEBAS website was successfully developed to automate waste and financial data recording and management. Evaluation of the implementation results showed a significant improvement in efficiency and productivity among Bank Sampah Pamulang 25 staff. Initially, 88.9 percent of participants did not understand the use of technology in transaction recording at the waste bank. However, after socialization, 75 percent of participants strongly agreed and 25 percent agreed that the SIKEBAS website facilitated the transaction process. Thus, the development of the web-based information system SIKEBAS has proven to be an effective solution to address the challenges of manual waste management.

The Effect of IFMIS Symbolic Adoption on Post-Acceptance Use Behavior: Moderated Analysis

Integrated Financial Management Information System (IFMIS) is a a significant milestone in a country's budget reform agenda. The government of Indonesia has launched an IFMIS for work unit level called Sistem Aplikasi Keuangan Tingkat Instansi (SAKTI) in 2022. This research seeks to test the effect of TAM determinants on symbolic adoption and subsequent post-acceptance usage behaviour with individual absorptive capacity as moderator. This research is quantitative research, using PLS-SEM disjoint two-stage approach to assess symbolic adoption, a higher order construct consisting of four dimensions. 93 samples from ministry of public works and housing are analysed and found that both TAM determinants have a positive impact on symbolic adoption and symbolic adoption positively affect post-acceptance use behaviour. Individual absorptive capacity enhances the impact of symbolic adoption on explorative use, but does not moderate the effect on extended use. This research contributes to the field of symbolic adoption by demonstrating how individual absorptive capacity can shape the relationship between symbolic adoption and post-acceptance usage behaviour.

Development Strategy School Financial Resilience in Yogyakarta Private High School

The success of educational institutions in providing quality services is influenced by various factors, including planning, facilities, human resources, and financial support. This research focuses on school financial management, emphasizing the importance of financial resilience to support operational resilience and sustainability, especially in private schools with limited funds. Financial resilience is the capacity of an institution to survive and adapt to financial challenges, which includes effective and efficient management of income and expenditure. This research uses qualitative methods with a descriptive approach to explore strategies for developing financial resilience at SMA Muhammadiyah 1 Yogyakarta. Data was collected through observation, semi-structured interviews, and document study, and analyzed using triangulation techniques to ensure the validity of the information. The main focus of research is on absorptive, adaptive and transformative strategies in school financial management. Absorptive strategies emphasize the importance of effective budget planning and evaluation. Adaptive strategies include the use of financial information systems and the involvement of external parties. Transformative strategies involve student service innovation, awards, and seeking additional funding Research findings show that SMA Muhammadiyah 1 Yogyakarta has succeeded in overcoming financial challenges through good management and implementing innovative strategies. This research recommends regular evaluation of financial management systems, staff training, and collaboration with other educational institutions to improve financial management strategies. It is hoped that further research can contribute to the development of policies and best practices in educational financial management.

The Influence of E-Commerce, Motivation, and The Use of Accounting Information Systems in Decision-Making For Entrepreneurship in Accounting Students

In today's digital era, anyone can make buying and selling transactions easily. Buying and selling trade goods can now be done from young to old. Due to the access to conduct all-round transactions in terms of supply of goods, promotion, and finance is also easy. This is because the latest information technology makes it easy to transact efficiently and effectively. An example of current information technology that is developing is e-commerce. Apart from e-commerce, accounting information skills can encourage individuals to develop their businesses. However, the situation in Indonesia is that young people who are entrepreneurs are low. Therefore, this study aims to see whether the variables that have been determined such as E-Commerce, Motivation, and Financial Information Systems can influence decisions in entrepreneurship. The population in this study were accounting students at the Faculty of Economics and Business, Universitas Medan Area. The data used in this study is primary data by distributing questionnaires to respondents using a purposive sampling technique. The analysis used is multiple linear regression analysis. The results of this study are expected to be able to analyze more deeply the students' interest in entrepreneurship. The results of the study will also be presented through tables, figures, and graphs.

Pengembangan Sistem Informasi Manajemen Keuangan di Lembaga Pendidikan: Strategi dan Implementasi

This study focuses on the Development of Financial Management Information Systems in Educational Institutions: Strategy and Implementation. Financial management information systems play a crucial role in the planning, execution, and control of educational quality, both financially and physically, especially in fulfilling the infrastructure required to support educational quality. The success of an educational institution largely depends on the effectiveness and efficiency of financial management that supports the achievement of educational goals. This study uses a literature review method to analyze various strategies and practices for implementing financial management information systems in elementary educational institutions. The results show that the use of an integrated financial management information system can enhance transparency, accountability, and efficiency in financial management within educational institutions. The proper development and implementation of this system have great potential in supporting the overall improvement of educational quality.

Digital transformation of financial transactions of Mamala Negeri government to support the inclusion of village finance information system

Digital transformation of financial transactions of Mamala Negeri government to support the inclusion of village finance information system

Pengaruh Sistem Informasi Akuntansi Manajemen Terhadap Kinerja Manajerial Pengusaha Online di Kota Bogor

This research was conducted to see the extent of the application of management accounting information systems by online entrepreneurs in the city of Bogor in encouraging the creation of good managerial performance. In general, onlone entrepreneurs in the city of Bogor who have used the concept of management financial information systems, on average, are ready to face global competition in this disruptive era. They realise that challenges and competition occur not only among fellow online entrepreneurs, but will also continue to compete with conventional entrepreneurs. So with the core they are fully aware of the managerial performance that they must develop and improve every time. The research used descriptive qualitative methods, data extraction was carried out by literacy studies and direct examination in the field on online entrepreneurs in Bogor City.

Evaluation of the Financial Reporting System of LKM Gapoktan Tani Manunggal Temanggung using Black Box Testing

This study employs Boundary Value Analysis (BVA), a kind of Black-Box Testing, to assess the financial information system of LKM Gapoktan Tani Manunggal Temanggung. Through testing the system's performance in a variety of edge situations pertaining to user registration, login, financial data entry, balance calculation, report creation, data storage, backup, alerts, and system accessibility, the research seeks to evaluate the functionality of the system. The outcomes demonstrate how well the system manages boundary circumstances, producing precise outputs and guaranteeing dependability across various functionality and devices. The study emphasizes the system's resilience and points out areas that may benefit more development, such as enhanced security, better user experience, integration testing, and sophisticated testing methods.

Information System for Financial Management and Human Resource Proficiency and Accountability for Financial Statements: An Indonesian Case Study

The purpose of this study is to investigate how organizational culture, human resource competency, and financial management information system variables affect the financial reporting responsibility of village governments. Using a straightforward random sample method, 65 villages from the two districts made up the sample. The data from this study were analyzed using multiple regression analysis. The outcomes demonstrated that Human resource competency, organizational culture, and financial management information systems—the three differentiators in the two districts—have a major positive impact on accountability when it comes to creating village government financial reports in Tabanan Regency. In Badung Regency, on the other hand, organizational culture has little bearing because work cultures vary throughout village governments. Local culture serves as the foundation for organizational culture in the Tabanan regency, whereas organizational culture in the Badung regency is examined and implemented differently, suggesting that no organizational culture type is better than any other. This implies that depending on how and when organizational goals are to be achieved, all types can work together and in tandem with one another.

Managing Financial Flows In The Public Sector Through Digital Transformation

This article analyzes digital transformation in public financial management in the digital era, focusing on challenges, strategies, and recommendations to address these changes. The method used in this research is descriptive qualitative with a historical research approach. Various strategies, such as the implementation of integrated financial information systems and e-procurement, have been developed to enhance efficiency and transparency in public financial management. However, challenges such as inadequate technological infrastructure, limited human resources, and cybersecurity risks remain key issues that need to be addressed. Recommendations for increasing investment in technological infrastructure, technical skills training, and cross-sector collaboration are suggested to ensure the successful digital transformation of public financial management in the future. It is hoped that these collective efforts will bring significant benefits in improving public financial governance, providing better services to the public, and promoting sustainable economic growth.

The Impact of Implementing a Rural Financial Information System, Clarity of Budget Targets and Internal Control on Accountability for Operational Performance of Village Funds in Labuan Batu Regency

This research uses quantitative methods using primary data obtained from questionnaire results. The population in the study was all village apparatus, consisting of the village head, regional head, secretary, finance chief, general officer, welfare service chief and government chief. And PTPKD (Village Financial Management Technical Implementer) is responsible for managing village funds, numbering thirty people. Based on the sample using the probability sampling method, thirty respondents were selected from the entire population as a sample. The data collection technique was carried out by distributing questionnaires online using Google Form. The data analysis method uses multiple linear regression with SPSS. The results of the partial test hypothesis of the implementation of the village financial information system, (X1), clarity of budget targets (X2) can have a positive effect on the accountability of operational performance of village funds. Simultaneously research results. Internal control (X3), has no effect on the accountability of operational performance of village funds. Simultaneously research results. And using the F test (simultaneous), this shows that the independent variables (X1, X2, X3) have a positive effect on the dependent variable (Y).

Sistem Informasi Keuangan Berbasis Website Pada PT Duta Ekspor Globalindo

The rapid development of technology has driven companies to enhance efficiency in their business processes. This development needs to be supported by the use of appropriate and relevant technology to ensure smooth business operations. PT Duta Ekspor Globalindo is a company engaged in export services and requires technology to manage its financial system. Currently, the company still relies on manual methods and Microsoft Excel for financial record-keeping, which can lead to errors, delayed reporting, and security issues. Therefore, this research aims to facilitate the company in managing its financial system by developing a web-based Financial Information System application. The waterfall method, consisting of analysis, design, coding, and testing, was used in the development of the application. The application was built using PHP programming language and MySQL database. The research resulted in the creation of a Financial Information System capable of efficiently managing financial and generating reports.

Seberapa Efektivitas Aplikasi SiAKU Terhadap Laporan Keuangan Koperasi Desa Wisata Candirejo: Studi Kasus Pada Koperasi Desa Wisata Candirejo

This study aims to examine the difference in how effective and efficient the application is in managing the financial statements of the Candirejo Tourism Village Cooperative, before and after using through the Financial Administration Information System (SiAKU) application. Through the Si AKU application, experts provide comprehensive updates and settings to make it easier for Candirejo city tourists to help record visit packages. Candirejo tourism village is a tourism located in Candirejo Village, Borobudur District, Magelang Regency, Central Java Province. This study used quantitative procedures with data collection strategies through convenience surveys to obtain satisfaction fulfillment scores. This study uses quantitative methods that explain the differences between variables. This study used a sample of 10 respondents from employees of the Candirejo Tourism Village Cooperative through the interview method and the Paired T-Test stage with an alpha of 5%. The results of this test show that there are differences between effectiveness and efficient variables in managing the time of making financial statements at the Candirejo Tourism Village Cooperative.