Financial Management Information Research Articles

Research on Informatization and Intelligent Transformation of Financial Management in Financial Enterprises

This paper focuses on the financial management information and intelligent transformation of financial enterprises. Based on the analysis of the characteristics and challenges of financial management in financial enterprises, this paper expounds the application status of information technology and intelligent technology in financial management, and analyzes the driving factors of the transformation of information technology and intelligent financial management. At the same time, this paper focuses on the application of big data, artificial intelligence, blockchain and other key technologies in financial data processing, decision support, risk control, data security and other aspects. Finally, it puts forward the implementation path of financial management informatization and intelligent transformation, including top-level design, process optimization, talent training and so on.

Peningkatan Kepatuhan Regulasi Melalui Pengembangan Sistem Informasi Keuangan Bagi Badan Usaha Milik Desa Menggunakan Teknologi Berbasis Website

This study highlights the inability of village-owned enterprises (BUMDesa) to prepare financial reports according to guidelines, indicating a lack of financial accountability. Researchers attempted to develop a web-based platform to generate BUMDesa financial reports following Ministerial Decree Number 136 of 2022. We focus on the perspective of public sector accounting and accounting information systems to respond to research questions. Furthermore, application development considers the research and development (R&D) method and design science via the software development life cycle stages. A total of six BUMDesa contributed to developing this application. The result is a web-based financial reporting application platform that meets these criteria and guidelines. We also provide a platform usage procedure to facilitate its operation. The contribution of this study is to develop a financial information management platform for BUMDesa that emphasizes reporting accuracy and compliance.

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.

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.

Research on Enterprise Finance Integration Model Based on Financial Sharing

This article elaborates on the necessity of promoting the integration of business and finance based on financial sharing, analyzes the measures and effects of implementing business and finance integration in enterprises, points out the existing problems, and proposes strategies to optimize the integration from three aspects: building big data platforms, improving talent training plans, and improving financial shared information management platforms.

Անուղղակի ծախսումների մասին տեղեկատվության կառավարման մեխանիզմների կատարելագործումը շինմոնտաժային աշխատանքներ կատարող կազմակերպություններում / Improving indirect cost allocation in construction organisations

The issue of the indirect cost allocation is not new, but it is becoming more relevant due to the increase in the relative weight of indirect cost in the production cost in organizations. This is due to automation of production processes and other reasons. Often, a single basis is used for the indirect cost allocation in organizations, but the choice of a single allocation basis for all resources and calculation objects cannot accurately reflect all causal relationships, that is why the process is conditional. Based on the professional literature and in accordance with the characteristics of the studied organizations, an indirect cost grouping was made for the organizations performing construction works and an approach of costing based on Activity-Based Costing was proposed. According to the author, the proposed approach can improve the financial information management mechanisms, and especially information about indirect cost, therefore also cost, and other indicators calculated based on it, in organizations.

Pengaruh kompetensi dan integritas pada kualitas audit dengan key audit matters sebagai moderasi

This research aims to determine the influence of competency and integrity on audit quality with key audit matters as moderation at public accounting firms in DKI Jakarta that are active and registered with the Financial Services Authority (OJK). This research uses primary data with a survey method, namely distributing questionnaires with sample determination using a random sampling method, which 127 respondents used to spread across several Public Accounting Firms in DKI Jakarta. The data analysis method used in this research is the multiple regression method. This research shows that competence and integrity positively affect audit quality, and related moderating variables show that key audit matters (KAMs) cannot strengthen the relationship between competence and integrity on audit quality. Public interest statements Ensuring auditors' competency and integrity and effectively utilizing key matters (KAM) makes the audit process more transparent. This fosters greater public confidence in audited financial reports and ensures the reliability of company-provided information. Regulating the influence of competence and integrity on audit quality through KAM is expected to enhance transparency in financial information management, allowing for more informed public investment and financial decisions.

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.

Evaluation of Pesantren Financial Management Through the Implementation of the Simkeu Application at Api Syubbanul Wathon Tegalrejo Secang Islamic Boarding School

This study aims to evaluate the financial management of API Syubbanul Wathon Tegalrejo Secang Islamic Boarding School through the implementation of the Financial Management Information System (SIMKEU) application. The background of this research is that the challenges in financial recording that are still done manually, prone to errors, and take a long time. The research method used uses a case study approach with a qualitative approach. Data was collected through in-depth interviews with pesantren leaders and administrative staff, direct observation of the financial management process, and analysis of documents related to pesantren finance. The research was carried out at API Syubbanul Wathon Tegalrejo Secang Islamic Boarding School over a certain period. The results showed that the implementation of SIMKEU succeeded in increasing efficiency in recording and financial management by reducing the time required for the transaction recording process and improving the accuracy of financial statements. However, the study also identified several challenges, such as issues with information and communication technology infrastructure that need to be improvement, and the initial adaptation phase requiring extra time and effort from pesantren staff. Based on the study’s results, it is recommended to enhance information and communication technology infrastructure, and increase training for pesantren staff to maximize the benefits of SIMKEU implementation in the future. In conclusion, the implementation of SIMKEU at API Syubbanul Wathon Tegalrejo Secang Islamic Boarding School has made a significant contribution in improving the efficiency and transparency of Islamic boarding school financial management. This study provides practical guidance for other pesantren that want to adopt similar technologies in an effort to improve financial management effectively and efficiently.

Management information platform based on Internet of Things

In order to study the financial management mode and innovation of electric power enterprises under the current situation, a research method of electric power financial management innovation in the era of Internet of Things is proposed. According to the network topology of the system and the analysis of the Android system, the client of the financial management system, the main functional modules of the system and the data warehouse are designed. The client of the financial management system will divide the client into an information interaction unit and a data calculation unit according to the actual needs of the client; the main functional modules of the system are divided into account management unit, salary management unit, project management unit, system management unit, and fixed asset management unit. Unit, revenue and expenditure management unit and report management unit, the sub-units of each unit are divided into brief analysis, and the outpatient registration fee management module and inpatient fee management module of the revenue and expenditure management unit are introduced in detail; in the hospital financial data warehouse, in the application layer An interactive platform is built between it and the data warehouse, and the module is integrated into the existing data warehouse to realize the processing, storage and operation of massive data. The proposed system has a large operating safety factor, high user satisfaction, and an average system flexibility factor of 0.94. The power financial management information platform based on the Internet of Things has a very good performance in the application. Therefore, the method in this paper can enhance the work efficiency of electric power enterprises and enhance the core competitiveness of electric power enterprises.

Pengaruh Penerapan Sistem Informasi Pengelolaan Keuangan Daerah (SIPKD), Kompetensi Sumber Daya Aparatur (SDA), Dan Penerapan Sistem Pengendalian Intern Pemerintah (SPIP) Terhadap Kualitas Laporan Keuangan Pemerintah Daerah (LKPD) Provinsi Bali

The Regional Government Financial Report is a Financial Report consisting of several SKPD Financial Reports submitted by the Regional Government through the Regional Secretary to the Regional Head and DPRD in order to account for the implementation of the APBD and regional government fiscal policy making. Based on the Audit Results Report on the Bali Provincial Government's Financial Reports carried out by the Bali Provincial Representative Financial Audit Agency for the last five years, it is stated that the Bali Provincial Government's Financial Reports received a WTP Opinion, however there are several notes that the Bali Provincial Government must pay attention to when preparing the Financial Reports. Regional Government the following year. This study aims to determine the effect of the Implementation of the Regional Financial Management Information System (SIPKD), the Competence of Apparatus Resources (SDA), and the Implementation of the Government Internal Control System (SPIP) on the Quality of Regional Government Financial Reports (LKPD) of Bali Province. The population used in this study were all Civil Servants (PNS) who worked in the Finance section of the Bali Provincial Government. The sample in this study were 116 respondents who were determined based on the purposive sampling method. The data used in this study is primary data, namely the survey method using a questionnaire. The analytical tool used is multiple linear regression. The results of the study show that the application of the Regional Financial Management Information System (SIPKD), the Competence of Apparatus Resources (SDA), and the Implementation of the Government Internal Control System (SPIP) have a positive effect on the Quality of Regional Government Financial Reports (LKPD) of Bali Province.

The Influence of Organizational Culture on the Implementation of Regional Financial Management Information Systems (Empirical Study in Regency Government of Humbang Hasundutan)

This study aims to analyze the influence of organizational culture (the ability to adapt, mission, involvement, and consistency) partially and simultaneously on the implementation of regional financial management information systems in the Regency Government of Humbang Hasundutan. This type of research is associative explanatory research using a quantitative approach. The population used in this study was all regional apparatus organizations in the Regency Government of Humbang Hasundutan. At the same time, the sample of this research consisted of 100 respondents, including regional apparatus organizations leaders, financial administration officials, financial treasurers, and staff. The data collection technique used in this study is a questionnaire method. The data analysis technique used is validity and reliability analysis using Smart PLS software. The results in this study indicate that partially, the ability to adapt, missions, and involvement have a positive and significant influence on the implementation of regional financial management information systems, and consistency has no effect on the implementation of regional financial management information systems in the Regency Government of Humbang Hasundutan. In addition, simultaneous test results also show that the ability to adapt, mission, and involvement has a positive and significant influence on the implementation of regional financial management information systems, and consistency does not affect the implementation of regional financial management information systems in the Regency Government of Humbang Hasundutan. Keywords: organizational culture, adaptability, mission, involvement, consistency, financial information system, regional financial management information system implementation.

The WALLET Study: Financial Decision Making and Key Financial Behaviors Associated with Excess Spending

ABSTRACT Objectives The Wealth Accumulation and Losses in Later life Early Cognitive Transitions (WALLET) study data was used to examine correlates with excess spending in older adults who do and do not have early memory loss. Methods The WALLET study collected detailed financial information from participants’ primary checking account statements (n = 150). Information on participant sociodemographic, health, and disability status, memory functioning, financial decision-making, and financial literacy was also collected. Participants either had no memory problems or early memory loss. Bivariate and multiple regression analyses were conducted. Results The early memory loss group had significantly higher excess spending than those with no memory loss. Financial decision-making and higher-risk financial behaviors were also linked to higher excess spending. Early memory loss was no longer statistically significant after accounting for financial stressors and resources. Conclusions The multidimensional nature of financial capacity assessment has long been known. The WALLET study data is unique, however, in that it demonstrates the links between excess spending with decision-making, early memory loss, and a set of specific financial behaviors. Clinical Implications Real-world assessments of financial management and financial decision-making yield important information about how older adults are managing money and making key financial decisions. Checking account reviews can be used to determine excess spending.

"A Study On Business In Digital Era"

Management operates at different levels and so it is possible to apply management information systems at these varied levels. Basic examples of management information systems are human resources management systems, financial management information systems and marketing management information systems. Enterprise IT Systems Enterprise IT systems are technologies designed to integrate and manage entire business processes for large organisations. Typically, enterprise application software is hosted on large servers over a computer network. Transmission of information can either be internal or external. Examples of enterprise information systems may be accounting software, health care specific software or electronic data Interchange (EDI). Another example of software within this category is CRM (Customer relationship management software). Information technology plays various roles in business, and provides a huge range of capabilities that enhance management performance. It is therefore important to understand the four major categories of IT systems and their functions in a business environment.

Design of information management model based on multiobjective optimization algorithm in intelligent electric financial system

The electric power infrastructure is the cornerstone of contemporary society’s sustenance and advancement. Within the intelligent electric power financial system, substantial inefficiency and waste in information management persist, leading to an escalating depletion of resources. Addressing diverse objectives encompassing economic, environmental, and societal concerns within the power system helps the study to undertake a comprehensive, integrated optimal design and operational scheduling based on a multiobjective optimization algorithm. This article centers on optimizing the power financial system by considering fuel cost, active network loss, and voltage quality as primary objectives. A mathematical model encapsulates these objectives, integrating equations and inequality constraints and subsequently introducing enhancements to the differential evolutionary algorithm. Adaptive variation and dynamic crossover factors within crossover, variation, and selection operations are integrated to optimize algorithm parameters, specifically catering to the multiobjective optimization of the electric power system. An adaptive grid method and cyclic crowding degree ensure population diversity and control the Pareto front distribution. They experimentally validated the approach and the comparisons conducted against AG-MOPSO, INSGA-II, and NSDE algorithms across standard test functions: ZDT1, ZDT2, ZDT3, and DTLZ4. The convergence evaluation indices for this study’s scheme on ZDT1 and ZDT2 are 0.000938 and 0.0034, respectively. Additionally, distribution evaluation indices on ZDT1, ZDT2, ZDT3, and ZDT4 stand at 0.0018, 0.0026, 0.0027, and 0.0009, respectively. These indices indicate a robust convergence and distribution, facilitating the optimization of electric power financial information management and the intelligent handling of the electric power financial system’s information, thereby enhancing the allocation of material and financial resources.

PUBLIC SECTOR FINANCIAL MANAGEMENT REFORMS AND GOVERNMENT EXPENDITURE IN NIGERIA


 In Nigeria, governmental inefficiencies and mismanagement of public resources have led to challenges in fulfilling societal needs effectively. To address these issues, various financial management reforms have been implemented, aiming to enhance transparency, accountability, and efficiency. However, the impact of these reforms on government expenditure remains uncertain due to persistent corruption and operational challenges. This study investigates the influence of public sector financial management reforms, including the Government Integrated Financial Management Information System (GIFMIS) and the Integrated Personnel and Payroll Information System (IPPIS), on government expenditure in Nigeria. A conceptual framework is proposed to understand the relationship between these reforms and expenditure. Theoretical and empirical reviews provide insights into the context and previous findings related to financial management reforms. The methodology involves survey research and secondary data analysis, focusing on 16 years of data from federal ministries. Descriptive statistics and regression analysis are used to analyze the data. Results suggest mixed findings regarding the impact of GIFMIS and IPPIS on government expenditure, with some indications of potential effects but inconclusive statistical significance. Discussion of findings highlights the complexity of reform implementation and the need for further research to inform policy decisions effectively. Recommendations include conducting comprehensive studies, enhancing monitoring mechanisms, capacity building, addressing implementation challenges, promoting transparency, sustaining political will, sharing best practices, and engaging stakeholders.
 Keywords: Public Sector Financial Management Reforms, Government Expenditure, GIFMIS, IPPIS, Nigeria, Governance.

The Effect of Implementing the Regional Financial Management Information System (SIMDA) On the Quality of Financial Reports at The Gowa Regency Livestock and Plantation Service

This research is a type of quantitative research with the aim of finding out the effect of the Implementation of the Regional Financial Management Information System (SIMDA) on the Quality of the Financial Reports of Dinas Peternakan dan Perkebunan Gowa Regency. The population in this study were 30 employees who were at the Gowa Regency Dinas Peternakan dan Perkebunan Office. The sample used is saturated sampling, saturated sampling is a sampling technique when all populations are sampled. The data used in this study is primary data. Primary data is data in the form of information directly obtained from the results of a questionnaire using a Liker scale. The analysis techniques used are validity test, reliability test, simple regression test, T test and R test. The results of the study show data using statistical calculations through the application of Statistical Package for the Social Science (SPSS) version 27 regarding the Effect of Application of Regional Financial Management Information System (SIMDA) on the Quality of Financial Reports of Dinas Peternakan dan Perkebunan Gowa Regency which has been discussed from the previous chapter, the authors draw conclusions namely the Implementation of the Regional Financial Management Information System (SIMDA) has a positive and significant effect on the Quality of the Gowa Regency Dinas Peternakan dan Perkebunan Financial Reports.

Design and Implementation of Management Information System for University Library

With the rapid development of the Internet, information processing work in universities has also increased, from libraries to electronic book management platforms, everything is available. Although the number of libraries we have is constantly increasing and people's attention to them is also increasing, their existence is often universal, non-existent, and sometimes incomplete, which brings great difficulties to our daily management. Analyzed the workflow and functional requirements of university libraries, and applied them in practice to achieve better results. On this basis, the paper provides a detailed analysis of the main functions and various forms of the enterprise financial management information system. SQL Server 2008 is a database based system with high confidentiality and large-scale storage capacity. Through this concept and approach, one can better grasp and grasp the business skills required in daily work and work, greatly improving work efficiency. A library MIS based on AIS/S model was constructed using an A/S model and a SQL Server database. This software is user centered and librarian centered. They proposed a system to the library that maximized its workflow and improved its service management and supply.

Analysis of The Influence of Financial Information Systems, Internal Control Systems, and Information Technology on Quality of Financial Reports

The present study investigates the effects of information technology utilization, regional financial management information system implementation, and internal control system implementation on the integrity of financial reports generated by regional governments. A causal connection distinguishes the present investigation. Surveys were utilized to collect data, and questionnaires were distributed to respondents as part of the methodology. Respondents to the study were government employees. The samples used in this study were selected through convenience sampling. The research approach employed in this investigation was multiple regression analysis. According to this research, no observable correlation between local governments' degree of information technology implementation and the caliber of financial reports they generate can be identified. Nevertheless, the integrity of financial reporting can be improved through the implementation of financial management information systems and internal controls. An effective financial management information system can facilitate the production of financial reports of superior quality that adhere to specific regulations. The above system should address data security issues, timely information retrieval, report precision, report variety, and compliance with governmental financial report standards. Similarly, the enhancement of financial report quality generated by local governments can be achieved by implementing a resilient internal control system comprising communication, monitoring, the control environment, risk assessment, and control measures. The concurrent implementation of internal control systems, information technology implementation, and financial management information system establishment all contribute to improving the quality of financial reports produced by local governments.

Digital Accounting Information System Implementation at BPKAD SAMOSIR District

Digital Accounting Information System Implementation at BPKAD SAMOSIR District