AKUMULASI: Indonesian Journal of Applied Accounting and Finance
AKUMULASI: Indonesian Journal of Applied Accounting and Finance is an open access journal published by the Vocational School, Universitas Sebelas Maret, Indonesia, regularly (every six months) in June and December. The AKUMULASI journal, consistent with its objectives, is expected to have a sufficiently broad range of readers. In addition, it is hoped that the contents of this journal are interesting for academics, practitioners, regulatory researchers, students, and other parties concerned with the development of professions and practices of applied accounting and finance in Indonesia. This journal try to communicate the scientific work related to the field of accounting and finance. This journal covers research in Financial Accounting, Public Sector Accounting, Management Accounting, Islamic Accounting and Financial Management, Accounting Information System, Accounting Education, Auditing, Taxation, Corporate Finance, Capital Market, Banking, and Sustainability Reporting. The Reviewer of this journal also comes from the practitioners in industry. AKUMULASI is an journal with International Standard Serial Number: ISSN (online) : 2964-884X ISSN (print) : 2963-2757 The AKUMULASI journal is connected to Crossref, Dimensions, Scilit, GARUDA, and Google Scholar. Prospective authors should consult the Guidelines for Author prior to submitting their works. All submissions are double blind reviewed by peer reviewers.
Vocational School, Universitas Sebelas Maret (UNS), Indonesia
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The Effect of Financial Literacy and Digital Payment Services on the Financial Performance of MSMEs
The purpose of this research is to examine the influence of financial literacy and digital payment services on the financial performance of Micro, Small, and Medium Enterprises (MSMEs) in the dry and wet cake industry in the Surakarta region. This research uses a quantitative approach and data were collected using questionnaires. The population in this study was MSMEs registered on the website umkm.surakarta.go.id in the dry cake and wet cake industry, with the sampling technique useds purposive sampling. The analysis technique uses multiple linear regression. The research results show that financial literacy partially has a positive and significant effect on the financial performance of MSMEs, while digital payment services partially have a negative and insignificant effect on the financial performance of MSMEs. Simultaneously, financial literacy and digital payment services have a positive and significant effect on the financial performance of MSMEs.
Copyright (c) 2025 AKUMULASI: Indonesian Journal of Applied Accounting and Finance https://creativecommons.org/licenses/by-nc/4.0
Effectiveness and Contribution Analysis of Regional Taxes to the Growth of Local Own-source Revenue in Kediri During and Post-COVID-19 Pandemic
This study aims to evaluate the effectiveness and contribution of hotel, restaurant, and entertainment taxes in supporting the growth of Kediri’s regional original revenue during and in the period following the COVID-19 pandemic. The data used are secondary data from 2020 to 2024. This study applies a descriptive quantitative method, with data collected through interviews and documentation. The data were sourced from the Regional Revenue, Financial, and Asset Management Agency of Kediri. This method was used to measure the effectiveness of regional tax realization against the target and the contribution of realized hotel tax revenue, restaurant tax, and entertainment tax to local revenue. The data in this study are the target and realized hotel tax revenue, restaurant tax, entertainment tax, and local revenue. The findings of this study reveal that during the COVID-19 pandemic period (2020–2021), hotel and restaurant tax revenues demonstrated a very high level of effectiveness, whereas entertainment tax revenue was considered moderately effective. In the post-COVID-19 pandemic in 2022, hotel taxes and restaurant taxes decreased while entertainment tax increased. In 2023, hotel taxes and restaurant taxes increased while entertainment tax decreased. In 2024, the effectiveness rate increased across various sectors. Hotel and restaurant taxes were highly effective, apart from entertainment taxes, which were moderately effective. The contribution of hotel, restaurant, and entertainment taxes to the growth of Kediri's regional original income during and after the COVID-19 pandemic was very low.
Optimization of Digital Accounting Transformation in Village-Owned Enterprises Using a Value Chain Perspective for Good Village Governance
This study examines how accounting practices in Village-Owned Enterprises (BUMDes) transform from manual bookkeeping to digital systems using a value-chain perspective. It addresses the core problem of misalignment between the formal logic of accounting applications and the cash-flow-based working logic of BUMDes operators, which leads to hybrid adoption, partial use of the system, and continued reliance on manual records that weaken accountability and decision making. A qualitative exploratory case-study design was applied in two BUMDes in East Java, using interviews, observations, document analysis, and focus group discussions analyzed through a value-chain framework. The findings show that digital applications are positioned mainly at the downstream reporting stage, while upstream transaction capture and processing remain manual, making hybrid adoption and workflow–system misalignment a structurally stable pattern shaped by cognitive, capability, and infrastructural constraints. The study proposes a value-chain-based, user-driven transformation model using a Minimum Viable Product (MVP) that accepts simple cash inputs, automates journal mapping, and produces contextual, offline-friendly reports, contributing to the discourse on human–system fit in rural digital transformation and offering practical guidance for BUMDes-oriented accounting system design.
Theoretical and Methodological Trends in Public Sector Accounting Research (2017–2022): A Structured Literature Review of Six International Journals
This study maps the trend of using theory and methodological approaches in public sector accounting research between 2017 and 2022. This research was conducted with a journal-bound sampling design from six international journals that consistently publish public sector accounting research. The total number of articles tabulated during the observation period was 975 articles. For the theory mapping, articles were screened based on the criteria of "explicit use of theory as an analytical framework", so 340 articles were analyzed. For methodological mapping, all articles in the journal sample were classified at the approach level (qualitative, quantitative, and mixed). The mapping results show that Institutional Theory is the most frequently used theory in almost all journals, while qualitative approach dominates in public sector accounting research publications. These findings confirm the importance of institutional context in public sector studies and show room for the development of the use of alternative theories as well as the expansion of methodological designs.
Analysis of Taxpayer Compliance with Motor Vehicle Tax Revenue in Ponorogo Regency
This research aims to analyze the level of taxpayer compliance with the Motor Vehicle Tax in Ponorogo Regency. Taxes play a crucial role in national development and serve as a major source of state revenue. Despite the increase in the number of taxpayers and the realization of PKB revenue from 2020 to 2024, taxpayer compliance remains suboptimal, with arrears continuing to rise. This study employed a descriptive qualitative method, utilizing questionnaires distributed to 105 taxpayers in Ponorogo Regency. The findings indicate that taxpayers in Ponorogo Regency have a strong understanding of, awareness of, and compliance with their tax obligations. However, there are several obstacles that contribute to delays in tax payments, such as negligence, unregistered motor vehicles, and economic factors. Recommendations to enhance taxpayer compliance include more comprehensive outreach and implementation of a Motor Vehicle Tax incentive program to alleviate late fees. The research novelty lies in the testing of Stanley Milgram's compliance theory against the implementation of the latest regional tax regulations enacted during the current research year, specifically East Java Governor Regulation Number 34 of 2024 concerning the Implementing Guidelines for Regional Tax Collection.
Evaluation of Coretax Implementation from the Fiscus and User Perspectives: A Case Study of Primary Tax Service Office X and Tax Consultant Office Y
This study aims to analyze the challenges and corresponding solutions encountered during the implementation of the Core Tax Administration System or CTAS (abbreviated as Coretax), the latest innovation from the Directorate General of Taxes (DGT), from the perspectives of tax officials (fiscus) and tax consultants. This study employs a case study method with a descriptive approach. Data were obtained through observations and interviews with relevant parties at KPP Pratama X and KKP Y. This research serves as a medium for elucidating the efforts of tax authorities in addressing obstacles during CTAS implementation, as well as a platform for expressing user perspectives, particularly those of tax consultants. The results show KPP faced several challenges, including network issues, system readiness, procedural changes requiring adaptation, and reliance on centralized infrastructure. Mitigation measures included continuous monitoring, the establishment of a direct communication forum with central authorities, service adjustments, socialization initiatives, and the introduction of policies waiving administrative penalties. Both KPP and KKP stakeholders concur that, despite ongoing challenges, the system is developing and holds substantial potential to achieve its objective of modernizing tax administration to enhance user accessibility, provided consistent improvements are sustained.
Analysis of National QR Code Payment Systems: Practices in 3 Developing Countries (Indonesia, Nigeria, and India)
This study explores the payment system practices using national quick response codes (QR codes) in three developing countries—Indonesia, India, and Nigeria—which are members of the World Trade Organization (WTO). Using a systematic literature review (SLR) approach guided by the PRISMA 2020 protocol, this study analyzed 15 peer-reviewed articles to examine the implementation of QR code-based payment systems. Specifically, the review evaluated trends in national policy practices, geographical focus, research methodologies, journal classifications, and theoretical frameworks employed. Although the study adopted a qualitative SLR methodology, it drew analytical insights from the Technology Acceptance Model (TAM) and the Unified Theory of Acceptance and Use of Technology (UTAUT). A key finding reveals that national QR code payment systems have been implemented in Indonesia (QRIS), India (BharatQR), and Nigeria (NQR). The goal of implementing national QR code systems is to support financial inclusion, transaction efficiency, and the transition to a cashless society. This study identifies a research gap related to security issues, data privacy, and the macroeconomic impact of QR code payments. This study provides direction for future studies by recommending a mixed-methods approach, cross-cultural exploration, and review of national policies as part of developing an inclusive and sustainable digital payment system.
technology acceptance models (TAM, UTAUT)
Analysis of FIFO and Average Methods for Corporate Income Tax Savings (Case Study on a Credit Union in Karanganyar)
This research aims to analyze the comparison of inventory valuation methods at Credit Union X using the FIFO method and the average method to achieve efficiency in Corporate Income Tax (CIT). This research employed a quantitative descriptive method by calculating inventory data from purchase and sales transactions from January to December 2024. The samples used in this study are items with regular purchase demand, namely Wipol Karbol Cemara, Pledge Lemon Pouch, Sania Cooking Oil 1 Liter, and Bay Fresh Strawberry. The results show that tax calculations using the rate from article 31E of the Income Tax Law result in a payable tax of Rp544,440 for the FIFO method and Rp542,354 for the average method. Thus, the application of the average inventory valuation method is considered more efficient in terms of tax savings for the company.
Digital Banking Rivalry in Indonesia: ML-Powered Analysis and Forecasting Using Search Data for Top 5 Banks
The growing adoption of digital banking in Indonesia has heightened competition among financial institutions, prompting the need for data-driven insights to understand consumer behavior. This research investigates public interest in Indonesia’s five leading digital banks: SeaBank, Bank Jago, Bank Neo Commerce (BNC), blu by BCA Digital, and Allo Bank. The analysis utilized Google Trends data from 2019 to 2024. The primary goal is to explore how search behavior reflects market competition, regional adoption, and potential strategies for stakeholder decision-making. To achieve this, this research employed a quantitative approach using descriptive analysis, time-series forecasting, and clustering. ARIMA and Prophet models were applied to forecast future interest trends, while clustering techniques identified similarities in regional and temporal patterns. ARIMA is found to be more accurate for stable trends, whereas Prophet effectively detects seasonal variations. Google Trends data, while innovative and timely, has limitations as a proxy for actual consumer behavior. However, it provides valuable directional insights. For instance, SeaBank and Bank Jago show sustained interest due to their integration with ecosystem like Shopee and Gojek, respectively. In contrast, Allo Bank's popularity appears to be mostly driven by events, making it more short-lived. This research, theoretically, contributes to the fields of fintech and consumer analytics by demonstrating that search interest reflects engagement with digital banking. Practically, it provides strategic recommendations for geo-targeted marketing, ecosystem partnerships, and identification of underserved areas. These findings can help digital banks enhance their regional outreach and establish a strong brand presence in Indonesia's evolving financial landscape.
Digital Transformation and Total Quality Management as Moderators: Implications for the Financial Performance of Micro, Small, and Medium Enterprises (MSME)
The worldwide COVID-19 pandemic has profoundly changed many facets of life, including how businesses operate. Among the most impacted industries, Micro, Small, and Medium Enterprises (MSME) must adapt to these changes. One of the adaptive strategies adopted by MSME is incorporating digital technologies into their operational procedures. Restrictions on face-to-face interactions have compelled many MSME to transition to online buying and selling activities. This shift requires business owners to be prepared for digitalization as part of the new normal. With digital transformation acting as a moderating variable, this research attempts to investigate also evaluate the impact of Total Quality Management (TQM) on the financial performance of MSME. The research focuses on MSME located in the banana chips industrial center in Bandar Lampung City. The sample comprises MSME actively involved in digital marketing and transactions. Data were collected through a questionnaire distributed via Google Forms. The results showed that TQM significantly and positively affects the financial performance of MSME. Additionally, it has been demonstrated that digital transformation successfully modifies the correlation between TQM and financial performance.
Tax Revenue and Infrastructural Development in Nigeria
This study examines the relationship between tax revenue and infrastructural development in Nigeria. The study explores Company Income Tax (CIT) and Value Added Tax (VAT) as indicators for tax revenue. Also, three measures of capital expenditure; administrative capital expenditure, economic capital expenditure, and social services capital expenditure were adopted as a proxy for infrastructural development. The data used in the study were gathered from 2011-2021 and sourced from the Federal Inland Revenue Service (FIRS) and Central Bank of Nigeria Statistical Bulletin. To establish the relationship between tax revenue and infrastructure development, Pearson correlation and regression analysis were explored. The study finds that there is a positive relationship between CIT and economic capital expenditure, administrative capital expenditure and services capital expenditure. Likewise, the study shows a positive link between VAT and services capital expenditure, economic capital expenditure, and administrative capital expenditure in Nigeria. Therefore, it is recommended that the federal government effectively utilize the revenue generated from tax for infrastructural advancement and ensure there is no wastage in the process of disbursement of funds.
The Influence of Excellent Teller Service Based on The A3 Concept on Customer Satisfaction at PT BPR Bank Daerah Karanganyar (Perseroda)
Competition in the banking industry drives commercial banks and BPR to improve their services, including PT BPR Bank Daerah Karanganyar (Perseroda). BPR stands for Bank Perekonomian Rakyat. Improving bank services, especially in the teller section, needs to be done to increase customer satisfaction. This research studies the effect of excellent teller service based on the concept of A3 (attitude, attention, and action) on customer satisfaction at PT BPR Bank Daerah Karanganyar (Perseroda). This study employs quantitative method, utilizing primary data collected through questionnaires distributed to 80 respondents who are the customers of PT BPR Bank Daerah Karanganyar (Perseroda). The analysis was performed using multiple linear regression. The findings indicate that the A3 variables (attitude, attention, and action) significantly influence customer satisfaction, both partially and simultaneously.
Copyright (c) 2024 AKUMULASI: Indonesian Journal of Applied Accounting and Finance https://creativecommons.org/licenses/by-nc/4.0
Analysis of Financial Risk Disclosure in State-Owned Enterprises in the Infrastructure Sector
This study aims to determine financial risk disclosure, liquidity risk disclosure, credit risk disclosure, interest rate risk disclosure, exchange rate risk disclosure, capital structure risk disclosure, and general risk disclosure. This research is qualitative descriptive research that describes financial risk disclosure in detail. The object of this research is the infrastructure sector State-Owned Enterprises listed on the Indonesia Stock Exchange from 2021 to 2023, totaling six companies. The data analysis method is done by content analysis. The results show that the overall level of financial risk disclosure increases from 2021 to 2022 but remains the same in 2023. The same level of risk disclosure for three years occurs in the disclosure of liquidity risk, interest rate risk, exchange rate risk, and general risk. Credit risk disclosure increases from 2021 to 2023, while capital structure risk disclosure decreases in 2023.
The Effect of Levers of Control System on Sustainability Performance: Evidence from Indonesian Batik Industry
Small and Medium Enterprises (SMEs) are significant contributors to the world’s economy, particularly in times of crisis. SMEs also constitute an integral part of Indonesia's self-sustaining economic system and hold considerable promise for enhancing societal well-being. One of the SMEs that plays a big role in the Indonesian economy is the batik industry. However, with the development of fashion and modernization, batik clothing faces challenges to survive. The purpose of this study is to examine the effect of four levers of management control systems on sustainability performance. The Indonesian batik industry was chosen as the object of this study. Information was collected through a survey of batik makers throughout Indonesia. The result from the survey shows that four levers of the management control system positively affect sustainability performance.
Sustainability Reporting Disclosure in Indonesia, Malaysia, Singapore, and Thailand
This article explains the progress of sustainability reporting in various countries, particularly Indonesia, Malaysia, Singapore, and Thailand. The researchers selected these countries due to their significant roles in the Southeast Asian economy, varying levels of sustainability development, and differences in regulatory frameworks. This article examines the availability, extent, and quality of sustainability reported in these countries. It further discusses the most frequently used frameworks for preparing sustainability reports. Moreover, it presents how companies communicate their sustainability efforts to stakeholders, primarily through official websites and the internet. Future research will continue to explore sustainability reporting disclosures in various countries, especially in these four countries, based on the GRI 4 framework. It will compare the practices across several Asian countries.
Analysis of the Balanced Scorecard Method as an Alternative Measuring Performance at Madiun City Land Office
This study aims to analyze and evaluate the results of using the Balanced Scorecard method as an alternative approach for measuring performance at the Madiun City Land Office. The research employed a mixed-methods approach, combining both quantitative and qualitative methods. The mixed-methods approach was applied to analyze the data, instead of providing a comprehensive overview of organizational performance, assessed quantitatively and qualitatively, focusing on customer perspectives and internal business processes. After analyzing the data using the Balanced Scorecard method, the result shows several insights. From a financial perspective, the analysis shows an economic ratio indicating overall positive results. The effectiveness ratio was relatively strong in 2020, and continued to show good results from 2021 to 2023. Additionally, the efficiency calculations suggest that the office falls into the highly efficient category. In terms of the customer perspective, the data drawn from the Public Satisfaction Index reveal unfavorable results in 2021, followed by very good results in 2022 and 2023. The internal business process perspective, assessed through benchmarks for innovation and infrastructure, indicates that overall conditions are good. Finally, the learning and growth perspective, which measures the level of employee training, reveals that only one employee participated in training in 2023. The overall employee turnover rate appears positive, while employee productivity levels show some fluctuations.
Factors Influencing Customer Loyalty at Bank Rakyat Indonesia Cash Office Panti Waluyo Hospital Surakarta: A Study on the BRImo Application
The lack of popularity of the BRImo application at the BRI Cash Office of Panti Waluyo Hospital in Surakarta serves as the background of this research. The aim of this research is to identify the factors that influence customer loyalty among BRImo users. The independent variables investigated in this research are system quality, user interface design, service quality, and security guarantees, while the dependent variable is user-customer loyalty. This research employed a quantitative approach, collecting data through a closed questionnaire utilizing a Likert scale. The sample consisted of 100 customers using the BRImo application at the PT Bank Rakyat Indonesia Cash Office in Pati Waluyo Hospital Surakarta. Data analysis was conducted using the SPSS software version 23.0. The results indicate that, when considered together, system quality, user interface design, service quality, and security guarantees have a significant effect on the customer loyalty of BRImo users. However, when analyzed individually, system quality and service quality do not significantly affect customer loyalty, whereas user interface design and security guarantees do have a significant impact on loyalty among BRImo users.
Implementation of the Government’s Internal Control System to Realizing Good Governance in Dinas Bina Marga dan Cipta Karya in Indonesia
This study aims to analyze the implementation of the government's internal control system and its contribution to realizing good governance in Dinas Bina Marga dan Cipta Karya in one of the provinces in Indonesia. This study is mixed method research that used qualitative and quantitative method. In the qualitative method, the researchers used interviews, observation, and documentation. Two participants were staff of the office and were interviewed by the researchers. A total of 20 respondents were asked to fill out questionnaires. The results show that the implementation of the government's internal control system in Dinas Bina Marga dan Cipta Karya is excellent. However, a few shortcomings need to be addressed. Additionally, the contribution of the government's internal control system to good governance is significantly positive, accounting for 73.2%.
the government’s internal control system
Analysis of Changes in Non-Taxable Entrepreneurs to Taxable Entrepreneurs: Case Study on CV ABC
This study seeks to gain insights into the company in question by examining the factors involved in confirming its status as a Taxable Entrepreneur (TE), specifically about Value-Added Tax (VAT) and the responsibilities that must be fulfilled by VAT-Registered Persons. Moreover, there are consequences of officially confirming a taxable company for taxpayers officially confirmed by the Director General of Taxes. The author utilized a descriptive qualitative research method to analyze data obtained from CV ABC. The data were processed using interviews and data documentation. The analysis technique included data presentation and conclusion. The results are based on the author's research and analysis, indicating that CV ABC did not immediately confirm its status as a Taxable Entrepreneur independently. The researcher provided a calculation of Taxable Entrepreneur assumptions. CV ABC experienced a decline in sales, leading to losses caused by VAT collection, as the company did not increase selling prices. Due to indications of being confirmed as a Taxable Entrepreneur by authorities, CV ABC must comply with all the consequences and obligations of being a Taxable Entrepreneur as required by the authorities.
Copyright (c) 2024 AKUMULASI: Indonesian Journal of Applied Accounting and Finance
The Effect of Capital and Personnel Expenditures on the Level of Regional Financial Autonomy in Yogyakarta
Yogyakarta has high spending on capital and personnel expenditures, with the regional financial dependency rate remaining high. This study investigates the impact of capital and personnel expenditures on Yogyakarta's level of regional financial autonomy. This study utilized a quantitative method and analyzed data from all regencies and cities in Yogyakarta between 2015 and 2022. A total of 40 observations were based on a purposive sampling approach and examined using linear regression. The findings indicate that both variables have a significant negative impact on the level of regional financial autonomy. The study results can guide future financial management strategies for the regional government. In addition, this study contributes to the understanding of regional financial autonomy characteristics, particularly in Yogyakarta.
Evaluation of Minimum Service Standard Implementation in Surakarta City in 2020-2022
This study aims to examine the development of the Minimum Service Standards (SPM) budget in Surakarta City from 2020 to 2022 and evaluate the implementation of SPM according to the principles set out in Government Regulation Number 2 of 2018. The research employs a descriptive qualitative approach, utilizing data collection methods such as interviews, observations, literature review, and documentation. The results of this study reveal that the SPM budget in Surakarta City fluctuated between 2020 and 2022, with increases due to the COVID-19 pandemic and subsequent decreases as the pandemic's impact lessened. Surakarta City has complied with all the SPM principles outlined in Government Regulation Number 2 of 2018. This study recommends that the Surakarta City Financial and Asset Management Agency (BPKAD) continue prioritizing the SPM budget. Moreover, it is advised that BPKAD ensure that relevant regional authorities adhere to SPM principles effectively.
Implementation and Visualization of Business Intelligence Based Budget in Ngawi District Financial Agency 2021-2023
This research aims to determine the s of budget implementation and visualization from 2021 to 2023 in the Financial Agency of Ngawi Regency which uses Business Intelligence Power BI as a basis for decision-making. This is quantitative research which used a descriptive-quantitative approach method. To collect the data, the researchers used a literature study and documentation of the summary of APBD (Anggaran Pendapatan Belanja Daerah/APBD) data in the Financial Agency of Ngawi Regency from 2021 to 2023. The results indicate that there are fluctuations in the Regional Income, Regional Expenditures, and Regional Financing when implementing and visualizing budget data (APBD) using Business Intelligence Power BI. Cumulatively, the total APBD is Rp 13,732,224,315,602.00, with a total growth of 210.3%. The next result is the Financial Agency of Ngawi Regency can use Business Intelligence Power BI to analyse and visualize the APBD budget data for decision-making purposes. It shows that this system can be used for decision-making by this agency because it is user-friendly, fast, accurate, and informative.
Analysis of Potential Business Service Retribution to Regional Original Revenue in Pacitan Regency 2019-2023
This study aims to analyze the potential revenue from business service retribution in Pacitan Regency by utilizing the actual revenue data of the retributions from 2019 to 2023. This research is a qualitative descriptive study. The primary data was obtained from interviews and the secondary data was collected from the financial reports of Pacitan Regency. To analyze the data, the researcher used a potential analysis of the current conditions from 2019 to 2023 and a trend analysis to project estimated revenues. The researcher used the data in the period before the pandemic and after the pandemic for the next four years. The potential analysis results indicate that there are components of business service retribution that potentially need to be improved. These components are fish auction place retribution, with revenue realization of 99.51% of the set budget, and recreational and sports places retribution, with revenue realization of 83.43% of the set budget. The trend analysis predicts an annual increase in revenue of IDR 2,722,774,900.50 according to predictive analytics after the pandemic. Based on this research, several aspects need to be improved to enhance the revenue from business service retribution, particularly concerning the quality of Human Resources (HR). The improvement and addition of facilities at locations as the objects of business service retribution are also needed.
Analysis of ESG Disclosure Practices in Healthcare Sector Companies
This study aims to describe the disclosure of ESG, environmental, social, and governance dimension practices in healthcare sector companies listed on the Indonesian Stock Exchange from 2021 to 2022. This research used a descriptive study to describe ESG disclosure in healthcare companies. The research objects are 28 healthcare sector companies listed on the Indonesian Stock Exchange from 2021 to 2022. The result shows that the ESG disclosure in Indonesian healthcare sector companies based on the GRI Standard needs to be higher and more informative. In the environmental aspect, the average quantity of ESG disclosure is 38.65%, while the quality of disclosure is 31.94%. In the social aspect, the average amount of ESG disclosure is 43.47%, while the quality of disclosure is 31.10%. In the governance aspect, the average quantity of ESG disclosure is 53.82%, while the quality of disclosure is 37.78%.
Analysis of Implementation of Mayor Regulation Number 31 of 2018 on BMD Removal Procedure in Surakarta
The Standard Operating Procedure for BMD elimination becomes the realization of BPKAD Surakarta in attempting to manage BMD. This study set out to investigate the implementation of the BMD removal process in Surakarta and to prove the suitability of Mayor Regulation No. 31 of 2018 with the BMD removal procedure in Surakarta. The present study employs descriptive analysis including data collection, literature study, observation, and interviews. The results of this study indicate that the SOP for eliminating BMD at BPKAD Surakarta is following Mayor Regulation No. 31 of 2018. Even though the applicable guidelines are appropriate, the implementation of the BMD removal process is inseparable from several obstacles, such as there are still differences in objects between the physical BMD in the field and the list, plans to write off goods, and human resources less competent in the field of eliminating BMD. There are no guidelines for naming goods and lack of human resources in OPD in the BMD as well as the sorting process has not been recorded at SIMDA. The researchers suggest that separating between BMD that has been recorded at SIMDA, holding refreshments, coordinating meetings on SOP that apply within a certain period or whenever there is a renewal of regulations, making preparation of standards for naming goods, and collaborating with third parties in the form of professional service providers to sort BMD recorded in SIMDA.
Copyright (c) 2023 AKUMULASI: Indonesian Journal of Applied Accounting and Finance
The Effect of Livin' by Mandiri Application Service Quality on Customer Satisfaction: Study on PT Bank Mandiri (Persero) Tbk. Solo
This research tries to understand the relationship between service quality and customer satisfaction on the Livin’ by Mandiri, a mobile-banking application of Bank Mandiri. The respondents are customers of the Bank Mandiri Solo UNS Branch office. The number of respondents is 100. The data were collected by questionnaire and test using SPSS 23. The result of this study shows that service quality factors such as tangibles, reliable, assurance, and empathy positively affect customer satisfaction. When the Livin’ by Mandiri application improves in terms of the tangibility, reliability, assurance, and empathy, customer satisfaction will increase. The variable of responsiveness has no significant effect on customer satisfaction. The subject of this research is an application that cannot literally become responsive to serve customers. This research result may be important as the policy implication for Bank Mandiri to make the customers able to use the application optimally.
Analysis of Financial Performance of BPKPAD Klaten Regency for the 2018-2022 Fiscal Year
This present study aims to seek out the result of the analysis of the budget realization report of Klaten Regency for the 2018-2022 fiscal year to assess its financial performance. The quantitative descriptive analysis method was utilized in this study. The data were the budget realization report of Klaten Regency for the 2018-2022 fiscal year. The data were collected from Regional Income and Asset Financial Management Agency (Indonesian: Badan Pengelolaan Keuangan Pendapatan dan Aset Daerah, abbreviated BPKPAD) Klaten Regency by using documentation techniques and library research in research journal literature. The results show that based on the variance analysis, regional revenue and expenditure are included in the Good (Favorable) category. Based on the income growth ratio analysis, the result tends to decrease and is categorized as negative. The result of the expenditure growth ratio shows there is an increase and is categorized as positive. Meanwhile, looking at the regional expenditure compatibility ratio analysis, the result shows operating expenditure is more dominant than capital expenditure. Based on the findings, the author advises the Klaten Regency Government to make efforts to maximize various sources of regional revenue as well as allocate regional expenditure appropriately to avoid waste of funds to realize positive growth in revenue and expenditure and create a balance in regional expenditure.
The Effect of Environmental Performance, Eco-Efficiency, and Cash Holding on Firm Value
This study aims to determine whether there is a relationship between the three variables, namely, environmental performance, eco-efficiency, and cash holding on firm value. To analyze the data, the researchers used multiple linear regression with the purposive sampling technique. The data were obtained from the Annual Report and Financial Report of manufacturing companies on subsector consumer non-cyclical listed on the Indonesia Stock Exchange from 2019 to 2021. The results of the study show that the environmental performance, eco-efficiency, and cash holding variables have a significant positive effect on firm value.
The Effect of Green Innovation, Green Organizational Culture, Eco-Efficiency and Collaboration on Competitive Advantage
Currently, the increase and competition of industrial development cause natural resource depletion. It is worsened by the pollution that comes from the production process of manufacturing companies with high-profile status. This study aims to analyze the effect of Green Innovation, Green Organizational Culture, Eco-Efficiency, and Collaboration on Competitive Advantage. This study employed a quantitative approach and used secondary data. Causal research was used to establish a relationship between the variables studied and the results of the research questions. Companies listed on the Indonesia Stock Exchange with high profile status in the Consumer Cyclical, Consumer Non-Cyclical, Basic Materials, Industrials, and Healthcare sectors from 2019-2021, were used as samples and taken by purposive sampling. A total of 67 companies participated, with a total of 201 research samples that lasted for three years. This study used descriptive statistical methods, panel data regression selection tests, and hypothesis testing using Eviews 12 software. The results of the model estimation test show that the selected model, namely the Random Effect Model (REM), is the regression analysis method. This study shows that partially the independent variables Green Innovation and Eco-Efficiency as well as the control variables Firm Size and Financial Performance (ROA) have a positive and significant effect on the Competitive Advantage of High-Profile Companies from 2019 to 2021. Meanwhile, the Green Organizational Culture and Collaboration variables do not affect the Competitive Advantage of High-Profile Companies from 2019 to 2021.
collaboration; competitive advantage; eco-efficiency; green innovation; organizational green culture
Analysis of Procedures and Effectiveness of Covid-19 Cash Transfer Program (Case Study in Karangsari Village, Kulon Progo)
This study aims to determine the procedure and effectiveness of the distribution of the Village Fund Cash Transfer program in Karangsari Village, Subdistrict Pengasih, Kulon Progo Regency. The method used in this study is qualitative method. The type of data used is secondary data obtained from the realization report of the 2021 cash transfer program distribution and primary data obtained from interviews with informants. Data collection techniques are carried out using documentation and interview methods. The results of the study show that the effectiveness of cash transfer distribution in terms of timeliness, target accuracy, and budget accuracy has been running effectively. This can be seen from the qualitative data analysis of the statements expressed by informants in line with quantitative data calculations from the cash transfer distribution realization report which shows 100% figures from all aspects. Likewise, the procedures applied to the distribution process have been running in accordance with the regulations set by the government.