Transparency Of Financial Reports Research Articles

Pengaruh Good Corporate Governance terhadap Manajemen Laba pada Perusahaan Sektor Kesehatan

Good corporate governance (GCG) is an important aspect in corporate management, especially in the healthcare sector. This is because good Good corporate governance (GCG) practices can affect the transparency and accountability of financial reports, as well as reduce the tendency of earnings management. The risk of earnings management is often used in the face of pressure to maintain stable and attractive financial performance for stakeholders. This study aims to analyze the effect of good corporate governance on earnings management in healthcare sector companies. This study uses a quantitative approach with an explanatory research to test the effect of Good corporate governance (GCG) on earnings management in health sector companies listed on the Indonesia Stock Exchange (IDX) in 2021-2023. The results obtained from this study are independent commissioners, managerial ownership, institutional ownership do not have a significant effect on earnings management. While the audit committee has a significant effect on earnings management. Independent commissioners, managerial ownership, institutional ownership and audit committees simultaneously have a significant effect on earnings management.

Transparency and Accountability Deficits in Indonesian Orphanage Financial Reporting

Non-profit organizations play a critical role in society, yet their financial reporting practices often lack the rigor of for-profit entities. This study examines the financial reporting of the Darul Aitam Orphanage Foundation, focusing on its compliance with ISAK 35 standards and its implementation of transparency and accountability principles. Despite the importance of these principles for trust and efficiency, a knowledge gap exists regarding their application in non-profit orphanages. The research employs a qualitative descriptive method, utilizing primary and secondary data from monthly reports, and collects data through observations, interviews, and documentation. Findings reveal that the Darul Aitam Orphanage Foundation has not adopted ISAK 35 standards and fails to fully implement transparency and accountability in its financial reporting. The financial records are rudimentary, noting only cash inflows and outflows, and lack detailed information needed by external stakeholders. These results underscore the need for improved financial practices in non-profit organizations to enhance accountability and transparency, thereby fostering greater trust and support from stakeholders. Highligt: The Darul Aitam Orphanage Foundation's financial reports do not adhere to ISAK 35 standards. The orphanage's financial practices lack comprehensive transparency and accountability. Enhanced financial reporting practices are necessary for better external analysis and stakeholder trust. Keywoard: Financial Reporting, Non-Profit Organizations, ISAK 35 Compliance, Transparency, Accountability

Improving financial reporting standards in Vietnam’s public companies: The crucial role of audit committees

Audit committees play a critical role in governance as financial disclosures are scrutinised. This study examines the effects of audit committees on the quality of financial reporting among Vietnamese listed firms, as well as how the efficacy and features of audit committees affect the accuracy, dependability, and transparency of financial reports. The study uses Partial Least Squares Structural Equation Modeling (SmartPLS) to analyse the association between audit committee features and financial report quality using a sample of 259 listed Vietnamese businesses across different industries. This approach was selected due to its capacity to manage complex systems and yield reliable outcomes. The results indicate that better financial report quality is correlated with more substantial audit committee features. In particular, it is thought that maintaining financial reporting accuracy depends heavily on audit committee members’ independence and financial knowledge. Furthermore, audit committee activity, including the frequency of meetings and thoroughness of reviews, enhanced financial reporting transparency significantly. These findings suggest that companies prioritizing robust audit committee structures may experience improved investor confidence and compliance with international reporting standards. This study adds to the expanding body of literature on financial reporting standards and corporate governance, focusing on the context of emerging economies such as Vietnam.

The Effect of Presentation and Transparency of Financial Reports on Accountability of Financial Management

This study aims to determine the effect of financial statement presentation and transparency on the accountability of financial management in Regional Apparatus Organizations (OPD) through accessibility in Bogor City. The study population includes five OPDs spread across Bogor City. Using the purposive sampling method, the study involved 52 respondents. The research instrument utilized a questionnaire to collect data from the respondents. The analysis results indicate that the presentation of financial statements alone does not have a significant effect on the accountability of financial management in OPDs. However, when the presentation of financial statements and transparency are combined, they have a significant effect on the accountability of financial management through accessibility in Bogor City. This suggests that a combination of good presentation and high transparency in financial statements is necessary to enhance accountability in the financial management of OPDs. The study emphasizes the importance of these two aspects in ensuring accountable financial management within the government.

Transparency Analysis Of Financial Report Preparation And Village Fund Management In Padang Mumpo Village, Pino District, South Bengkulu Regency

Research objectives To determine and analyze the transparency of village financial management in Padang Mumpo Village, Pino District, South Bengkulu Regency. The method used is a qualitative method. Data collection techniques are observation, documentation and interview techniques, then adjusted to the indicators of the Minister of Home Affairs Regulation Number 20 of 2018 concerning Village Financial Management and outlined in text form. The results of this study Padang Mumpo Village always provides information to the public and always reports accountability, and there is auditing by the inspectorate, therefore it can be concluded that the Transparency of Financial Reports and the management of Village Funds in Padang Mumpo Village based on indicators, namely the Regulation of the Minister of Home Affairs Number 20 of 2018 concerning Village Financial Management is in accordance.

Pelatihan Akuntansi Dasar untuk Meningkatkan Kompetensi Auditor di KAP Sarastanto dan Rekan Kota Semarang

Transparency of financial reports today is very wide open with advances in technological development. Openness of financial report information allows the public to assess the quality of financial reports. The quality of good financial reports can be seen from the results of opinions by the public accounting profession who provide services to assess the fairness of financial reports. Fairness of financial reports provides the assumption that the financial reports have been prepared in accordance with the financial accounting standards applicable in Indonesia. Financial Accounting Standards provide guidance on the process of recording, measuring and presenting financial reports. A good financial report must start first with recording the accounting cycle. Understanding an entity's accounting cycle makes the auditor understand the recording and reporting model of a client entity. An accounting cycle that is understood by the auditor will be useful in providing adjustments or audit correction journals if recording errors occur. The community service program carried out by a team of lecturers from the Faculty of Economics and Business, Dian Nuswantoro University with auditors at KAP Sarastanto and Pekan Kota Semarang provides several trainings related to basic accounting knowledge. This activity is expected to provide knowledge and skills in preparing financial reports in accordance with standards

THE IMPACT OF ARTIFICIAL INTELLIGENCE APPLICATIONS ON THE TRANSPARENCY OF FINANCIAL REPORTS

This study aims to investigate the role of artificial intelligence applications in improving the transparency of financial reports. The main results of the study show that the application of artificial intelligence systems contributes to improving the reliability and transparency of financial reports, which enhances investor confidence and improves corporate governance. Therefore, companies should keep pace with developments and use technology, especially artificial intelligence technologies and systems, to improve and enhance the transparency of financial reports. Artificial intelligence can help detect financial fraud patterns in financial data, which leads to protecting investors from financial losses and potential risks. It also leads to improving investment and risk management decisions. Artificial intelligence can also help in creating interactive financial reports that users can customize according to their needs, which can lead to increased transparency and improved understanding of financial information

Financial Reporting Transparency and the Cost of Equity: Evidence From Newly Listed Firms

This paper explores the economic effects of financial reporting transparency of newly listed firms and outcomes associated with enhanced disclosure and financial reporting activities. We find a negative correlation between financial reporting transparency and information asymmetry in newly listed firms during their first five years of public trading. Further, we find a significant positive link between perceived business risk and implied cost of equity for these new public companies. Furthermore, we find a positive association between financial reporting transparency and the cost of equity. Our study helps to extend the research on the consequences of increased disclosures of newly listed firms.

Impact of Financial Reporting Transparency on Investor Decision-Making

Purpose: The aim of the study was to assess the impact of financial reporting transparency on investor decision-making in Kenya.
 Methodology: This study adopted a desk methodology. A desk study research design is commonly known as secondary data collection. This is basically collecting data from existing resources preferably because of its low cost advantage as compared to a field research. Our current study looked into already published studies and reports as the data was easily accessed through online journals and libraries.
 Findings: In summary, financial reporting transparency significantly impacts investor decisions. It boosts confidence, reduces information gaps, lowers capital costs, enhances stock liquidity, and encourages long-term investments. Moreover, it improves risk assessment, ensures regulatory compliance, and safeguards investor interests.
 Implications to Theory, Practice and Policy: Information asymmetry theory, agency theory and behavioral finance theory may be use to anchor future studies on assessing the impact of financial reporting transparency on investor decision-making in Kenya. Companies should recognize the potential variation in the impact of financial reporting transparency across industries. Policymakers should work towards promoting the adoption of global reporting standards that encourage consistent and transparent financial disclosures.

A Study on Financial Innovation and Risk Management Methods from an Accounting Perspective

With the continuous development of global financial markets and rapid technological advances, a growing number of innovative products and services in the financial sector have emerged, providing new impetus to economic growth but at the same time bringing new risks. We study financial innovation and risk management methods from an accounting perspective, examining how accounting plays a key role in ensuring financial stability and transparency. First, this paper summarizes the definition and classification of financial innovation and analyzes its positive and negative effects on economic development. Second, our main focus is on the fundamental roles of accounting in risk management, which involve supplying financial data for decision-making, overseeing financial innovation and operational risks, and evaluating the efficiency of risk management actions. In addition, this paper discusses the risk management methods from the accounting perspective, such as improving the accuracy and transparency of financial reports, selecting and adjusting prudent accounting policies, strengthening internal control and external audit mechanisms, and improving the accuracy of asset and liability assessment. Enhancing accounting standards and regulatory frameworks to better align with the evolving trends in financial markets is recommended. Furthermore, we will strengthen the professional training of accounting personnel, improve the risk management capabilities of financial institutions, and promote the integration of accounting innovation and financial innovation.

Determinants of Transparency of Local Government Financial Reports in Indonesia

Determinants of Transparency of Local Government Financial Reports in Indonesia

Effect of Green Finance on Environmental Performance of Banking Institutions: A Critical review

Effect of Green Finance on Environmental Performance of Banking Institutions: A Critical review

The Effect To Accountability on The Effectiveness and Transparency of Financial Reports for the 2019 - 2022 Period (Empirical Study at Lazismu Central Office)

The Influence of Accountability on the Effectiveness and Transparency of Financial Reports for the 2019 – 2022 Period (Empirical Study at the Lazismu Central Office). This research aims to determine the influence of each variable, namely Accountability for Effectiveness and Transparency of Financial Reports. The type and source of data in this research is a quantitative approach with primary data where the data collection method uses a questionnaire method distributed within the Central Amil Zakat Infaq da Shodaqoh Muhammadiyah Institute. The independent variable in this research is Accountability (X1), and the dependent variables are Effectiveness (Y1) and Transparency (Y2). The sample method used was nonprobability sampling, and 70 respondents were obtained. The results of this research are: 1) Accountability of Financial Reports has a significant positive effect on the effectiveness of financial reports, as shown by the results of hypothesis testing which shows a value of 0.876 with a T-Statistics value of 13,661, which means it is calculated to be smaller than T-Statistics. 2) Financial Report Accountability has a significant positive effect on financial report transparency, which is shown by the results of the hypothesis testing carried out, namely showing a result of 0.855 with a T-Statistics value of 17,658, which means it is calculated to be smaller than the T-Statistics.

Determinants of Financial Reporting Local Government Organization Transparency and Accountability as a Mediator

This study examines the role of accountability as a mediating variable in understanding how internal control and external pressure influence financial reporting transparency. Data was sourced from a survey, garnering responses from 214 participants. The purposive sampling technique was adopted, focusing on responses from heads of finance departments, financial treasurers, and financial staff supporting local government organizations (OPD). For hypothesis testing, the study employed Structural Equation Modeling (SEM) grounded on the Partial Least Squares (PLS) approach. Results revealed that internal control significantly promotes financial reporting transparency in OPD, with accountability serving as a mediator. In contrast, external pressure alone is inadequate to guarantee the transparency and accountability of financial reports within local governments. Consequently, OPDs are advised to bolster their internal control and accountability mechanisms to enhance the trustworthiness of their financial statements.
 Keywords: internal control, external pressure, accountability, and financial reporting transparency

Mosque Financial Accountability and Transparency: A Community Perspective in Lamongan

<p>The mosque is a place of worship that has a source of income that comes from the community. The lack of information regarding the accountability and transparency of mosque financial management is a problem that needs special attention for managers of mosque financial funds. This study discusses the accountability and transparency of mosque financial reports from the perspective of the Muslim community in Lamongan Regency. The subjects of this study include people of productive age, namely 15–64 years old, who are Muslims and active in congregation at the mosque. The data collection technique is to distribute data through a Google Form questionnaire and reinforce it with information from previous literature, journals, and books. The results of the study show that people's views regarding the financial accountability and transparency of mosques in Lamongan is vary. The mosque's accountability and transparency system in Lamongan is considered to be in accordance with ISAK 35. The mosque's financial administrators have carried out their duties honestly and responsibly, but not a few among the public say they still have doubts. Some of them also thought that there was no need to know about the mosque's finances because someone already took care of them.</p>

KONSTRUKSI LAPORAN KEUANGAN PONDOK PESANTREN (STUDI PADA PONDOK PESANTREN AL-WASHOYA JOMBANG)

Pondok Pesantren is an Islamic Boarding School as a non-profit organization in the field of education carries out its activities with resources from the community. Transparency of financial reports is the main thing in accountability to stakeholders, especially external parties. Financial reports are prepared and presented in such a way that they are understandable and relevant to the needs of users of financial statements in making decisions. This case study research at the Al-Washoya Islamic Boarding School, Jombang resulted in the construction of its financial statements based on ISAK 35 and Islamic Boarding School Accounting Guidelines. The implementation of ISAK 35 and the Islamic Boarding School Financial Accounting Guidelines is carried out so that the presentation of the Al-Washoya Jombang Islamic Boarding School report as a non-profit concern organization pays attention to the requirements for presenting financial statements, the structure of financial reports and the minimum requirements for the contents of financial reports.

ANALISIS PENERAPAN (SAK) 102 TENTANG PEMBIAYAAN MURABAHAH PADA KOPERASI JASA KEUANGAN SYARIAH (KJKS) IBU MANDIRI UNGARAN

At this time the development of Islamic financial institutions is growing so rapidly. This can be seen from the many Islamic banks and other Islamic financial institutions such as Islamic Financial Services Cooperatives (KJKS). For the sake of transparency, accountability and comparability of sharia financial reports, it is necessary to have SAK syariah which regulates it, especially SAK 102, but there are still many KJKS that have not implemented it. The purpose of this study was to determine the suitability between the application of murabahah financing accounting with SAK 102 at KJKS Ibu Mandiri Ungaran.
 The informants in this study were managers and tellers at KJKS Ibu Mandiri. The research variables are murabahah financing at KJKS and SAK 102. Data collection methods are interviews and documentation to collect data about the application of murabahah financing accounting. Methods of data analysis using descriptive qualitative method.
 The results of the study show that KJKS has not fully implemented SAK 102. Because the recognition of receivables, calculation of fines, presentation and disclosure of murabahah financing is not in accordance with SAK 102. The advice given is KJKS Ibu Mandiri to carry out murabahah financing accounting in accordance with SAK 102 related to recognition, measurement, presentation and disclosure.

Akuntabilitas dan Transparansi Laporan Keuangan Sebagai Faktor Penentu Tingkat Kepercayaan Muzaki terhadap LAZIS

This study aims to answer the formulation of the problem of whether the transparency and accountability of financial reports affect the level of Muzaki's trust in the amil zakat infaq and sadaqah (LAZIS) institution in Gorontalo Regency. This study uses a quantitative approach and uses primary data sources. Primary data was collected by distributing questionnaires boldly and attractively to muzaki who pay zakat either through LAZIS managed by the government or privately managed LAZIS in Gorontalo District. The sampling method used was nonprobability sampling, and the research obtained was 100 respondents. Multiple linear regression analysis technique is used to analyse the research data. The study's results prove that transparency and accountability of financial reports positively influence the level of Muzaki's trust in Gorontalo District. Of the two research variables, transparency of financial reports is the most dominant variable influencing the level of muzaki trust in Gorontalo District.

Strategi Pemerintah Kota Bogor dalam Meningkatkan dan Mempertahankan Kualitas Laporan Keuangan

The Reformation Era has led changes in government system in which people demand a good and clean governance indicated by transparency and accountability of state financial reports. Bogor City Government since 2016 until 2021 able to obtain and maintain a WTP opinion assessment from the BPK on the Regional Government Financial Reports which it made from 2006 to 2015 has never received a WTP opinion assessment. The purpose of the reseach to analyze quality of financial reports of Bogor city, and to formulate a strategy of quality improvement and maintain on financial reports. This research use primary data collected using questionnaires and interviews. Data sources are related to the method of rating scale analysis to measure the quality of LKPD, SWOT analysis in determining strategy alternatives and the use of QSPM in determining priority strategy. The research result shows quality the financial reports on Bogor city falls into a category of fairly good. The prioritized strategy in improving and maintain the quality of LKPD of Bogor city is leadership reinforcement.

¬¬¬¬¬¬Các nhân tố ảnh hưởng đến tính minh bạch thông tin trên báo cáo tài chính của các đơn vị hành chính tại Bạc Liêu Factors affecting the transparency of financial reports of administrative divisions in BacLieu

For this research, the author utilized both qualitative and quantitative methods to construct and inspect the research model to identify factors affecting the transparency of financial reports of administrative divisions in Bac Lieu. Based on the findings, recommendations can be given to improve the transparency of financial reports of those divisions. Results suggested that there were 6 factors directly affecting the transparency of financial reports of those administrative divisions, including Political support, Financial legislation systems, Characteristics of management system, Characteristics of financial systems, Organizational culture, and International economic integration. Keywords: transparency, financial reports, administrative divisions. JEL Classification: M40, M48, M49.