Journal Title Journal of Accounting Inquiry ISSN 2961-8673 DOI Prefix 10.14421.jai. Editor in Chief Rosyid Nur Anggara Putra Managing Editor Rizqi Umar Al Hashfi Dwiyan Al Rasyid Publisher Department of Islamic Accounting, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Kalijaga in colaboration with Asosiasi Program Studi Akuntansi Syariah (APSAS) Frequency 2 issues per year, Juny and December Citation Analysis Google Scholar | Garuda | Dimension | Scopus Citedness Journal of Accounting Inquiry is open access and peer-reviewed journal published by the Department of Islamic Accounting, Faculty of Islamic Economics and Business, Universitas Islam Negeri Sunan Kalijaga in collaboration with Asosiasi Program Studi Akuntansi Syariah (APSAS). Journal of Accounting Inquiry invites researchers, academics, and practitioners to publish their original, conceptual, theoretical, and empirical research regarding the ideas, issues, and challenges of economics and business. The focus and scope of the Journal of Accounting Inquiry will include but are not limited to: Accounting: Islamic Accounting; Managerial Accounting; Accounting Information System; Taxation and Public Sector Accounting; Auditing; Financial Accounting; Behavioral accounting; etc. The journal published its inaugural issue on July 21, 2022, and continues to release two journal editions annually. Since April, 2026, starting from Vol. 5 No. 1 (2026), the JAI journal has been accredited with "SINTA 4" (4th rank) by the Ministry of Research and Technology/National Research and Innovation Agency of the Republic of Indonesia, in recognition of its excellence in peer review, journal management, and publication quality. The SINTA 4 accreditation is valid from Vol. 2 No. 1 (2023) until Vol. 6 No. 2 (2027), as stated in Ministerial Decree No. 156/C/C3/KPT/2026.
Faculty of Islamic Economics and Business, State Islamic University Sunan Kalijaga
Journal of Accounting Inquiry is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License
The Role of Internal Audit in Fraud Prevention of Inspectorate at the Tanah Datar Regency
Purpose: The main problem in this research is the role of internal audit in preventing fraud in the government sector, with a case study of the Tanah Datar District Inspectorate. This research aims to analyze the role of internal audit in preventing fraud in the government sector, with a case study of the Tanah Datar Regency Inspectorate. Methodology: The type of research used by the author is field research, using a descriptive qualitative method with a case study approach. The data collection techniques used by the author are interviews and documentation. The data analysis technique used in processing the data is descriptive analysis based on the COSO 2013 internal control framework. Findings: Based on the research results, it can be concluded that the internal audit at the Tanah Datar Regency Inspectorate has played a role in preventing fraud in regional government organizations by implementing supervisory functions, providing coaching, and issuing recommendations for improvement. The role of internal audit is reflected in the implementation of the control environment, fraud risk assessment, control activities, information and communication, and monitoring of the implementation and follow-up of supervisory results, thus supporting the realization of a structured internal control system within the local government environment. Novelty: None of the previous studies have specifically examined the Tanah Datar Regency Inspectorate. Tanah Datar Regency is institutionally unique due to its strong nagari (village) governance system, which is the lowest level of government with its own financial management, adding complexity to the inspectorate's oversight objectives that is not found in other regencies in Indonesia.
Copyright (c) 2026 Journal of Accounting Inquiry http://creativecommons.org/licenses/by-sa/4.0
Analysis of Transparency, Accountability and Community Participation in Village Fund Financial Management
Purpose: This study aims to explore how transparency, accountability, and community participation in the financial management of the Village Fund are implemented in Simbur Naik Village, East Muara Sabak District. Methodology: This study uses a qualitative method. Data were obtained through interviews, observations, and documentation with informants, including village heads, village secretaries, finance heads, members of the Village Consultative Body, and community members. The data collection and analysis process consists of the stages of data reduction, data display, and conclusion making. Findings: The results of the study show that the village government has tried to implement the principles of transparency and accountability through the publication of information and the preparation of accountability reports. However, the implementation is not optimal, and public participation is still low. From the perspective of sharia accounting, the management of the Village Fund reflects the values of trust, honesty, responsibility, and justice as a form of accountability not only to the community but also to realize the common good. To achieve more efficient village financial governance, information quality must be improved, accountability strengthened, and community participation expanded. Novelty: This research advances holistic governance that balances upward, downward (community), and outward (divine) accountability. This research uses a triangulated Lens from Stewardship Theory, Good Governance, and the Sharia Accounting perspective. Finally, the Qualitative view distinguishes between formalistic publication and substantive community understanding.
Financial Performance Determinants in Indonesian Banking: The Role of Credit Risk and Bank-Specific Factors
Purpose: This study examines the effects of credit risk and bank-specific factors on the financial performance of Indonesian banks, particularly Bank Groups Based on Core Capital (Kelompok Bank Berdasarkan Modal Inti/KBMI) 3 and 4, and addresses inconsistent findings in previous studies on bank profitability. Methodology: The study employs panel data from 13 commercial banks listed on the Indonesia Stock Exchange during 2015–2024, yielding 130 observations. Financial performance is measured by Return on Assets (ROA), while credit risk is proxied by Non-Performing Loans (NPL). Bank-specific factors include Loan-to-Deposit Ratio (LDR), Operating Expenses to Operating Income (BOPO), Net Interest Margin (NIM), and Current Account Saving Account (CASA). The Random Effects Model (REM) with White cross-section standard errors is used for estimation. Findings: NPL and BOPO have significant negative effects on ROA, while LDR and NIM positively and significantly affect ROA. CASA has an insignificant effect on ROA. Novelty: This study provides evidence from large Indonesian banks and shows that operational efficiency and interest margin management are more important drivers of profitability than low-cost funding accumulation, offering implications for bank management and policymakers.
The Effect of Leadership Style and Management Control System on Organizational Performance
Purpose: This study analyses the influence of leadership style (initiating structure) and management control systems (diagnostic) on company performance. Methodology: This study employs a quantitative approach, using a self-administered survey as the data collection method. The respondents consist of 86 top-level management executives from various organizations across Indonesia, as they are considered to possess sufficient understanding of company performance and the management control systems implemented. Data analysis was conducted using Structural Equation Modelling with Partial Least Squares (SEM-PLS). Findings: The findings of this study indicate that the initiating structure leadership style has a positive contribution to improving company performance. Furthermore, the diagnostic control system is proven to act as a mediating variable (fully) in the relationship between the initiating structure leadership style and company performance Novelty: This study contributes to the literature by integrating management control systems with leadership style in explaining company performance, which has not previously been examined within the context of management control system practices. It highlights the mediating role of diagnostic control systems in translating initiating structure leadership into improved performance, providing new insights into how formal controls and leadership behavior interact at the top management level.
The Role of Environmental, Social, and Governance in Moderating the Influence of Tax Avoidance and Financial Distress on Firm Value
Purpose: This study aims to analyses the influence of tax avoidance and financial distress on firm value and the role of Environmental, Social, and Governance (ESG) as a moderator in non-financial companies listed on the Indonesia Stock Exchange in the 2020-2024 period. Method: This study is a quantitative study that uses secondary data from annual reports and ESG data from Bloomberg. The selection of companies was based on predetermined criteria using the purposive sampling method, which resulted in as many as 175 observations. This study was tested using panel data analysis and analysed by panel data regression with EViews 12 software. Findings: Based on the results of data analysis, it can be concluded that tax avoidance measured using ETR does not have a significant effect on the firm value. financial distress measured using Z-Score EMS has a significant negative effect on the firm value. ESG cannot moderate the influence of tax avoidance on firm value. ESG is able to weaken the negative influence of financial distress on firm value. Novelty: This study combines four variables (tax avoidance, financial distress, ESG, and firm value), which are still relatively rare, thus providing an opportunity to explore new relationships and find out how non-financial companies listed on the IDX can utilize ESG scores in weakening the influence of tax avoidance and financial distress on firm value.
Reconstructing Loss Accounting through Islamic Spirituality and Local Cultural Values: An Islamic Ethnomethodology Study
Purpose: This study investigates why Islamic boarding schools (pesantren) in Gorontalo conceptualize and manage losses not merely as financial deficits but as cultural and spiritual concerns. It addresses the gap in accounting research that rarely examines loss accounting through the lens of local wisdom and Islamic values. Methodology: This research employs a qualitative method using a spiritual paradigm and an Islamic ethnomethodology approach. Data were collected through in-depth interviews, observations, and documentation, and analyzed using five interpretive stages: charity, knowledge, faith, revealed information, and excellence. Findings: The study identifies four concrete strategies used by pesantren to avoid or reduce losses: maximizing school fee collection with community involvement, intensively socializing institutional programs, securing external funding sources, and framing the management of losses as a form of worship. These practices reflect the Gorontalo cultural value Eya dila pito-pito’o (“God does not close His eyes”), which strengthens accountability and institutional resilience. Novelty: The research offers a culturally grounded model of loss accounting that integrates local wisdom and Islamic spirituality. This contributes a new conceptual lens for understanding financial practices in faith-based educational institutions and enriches the accounting literature on pesantren.
A Bibliometric Mapping and Research Gap Analysis of Greenwashing Studies in Scopus (2012–2025)
Purpose: This paper aims to formulate research opportunities on greenwashing. It is motivated by the growing prominence of environmental issues in accounting research and the emergence of greenwashing practices, which create the impression that a company’s environmental performance is strong without requiring substantial financial investment. Method: This study employs bibliometric analysis based on 138 articles published between 2012 and 2025, sourced from the Scopus database. Frequency analysis was conducted using Microsoft Excel, with the results visualized through VOS viewer and Harzing’s Publish or Perish citation matrix. Findings: There are research opportunities on greenwashing in relation to ESG, reporting assurance, SDG washing, CSR decoupling, the circular economy, bank financing, stock price crash risk, sustainable investment, social media, green bonds, transparency, institutional investors, corporate reputation, and environmental disclosure. Novelty: There are research opportunities on greenwashing in relation to ESG, reporting assurance, SDG washing, CSR decoupling, the circular economy, bank financing, stock price crash risk, sustainable investment, social media, green bonds, transparency, institutional investors, corporate reputation, and environmental disclosure.
Copyright (c) 2025 Journal of Accounting Inquiry http://creativecommons.org/licenses/by-sa/4.0
Factors Affecting Peer-to-Peer (P2P) Lending Bad Debts in Java and Sumatra
Purpose: This study aims to analyse the factors that influence bad debts in Peer-to-Peer (P2P) lending platforms in Jawa and Sumatra. The emergence of fintech as an alternative financing solution for the public and UMKM has created new challenges in the form of high credit risk. This study is motivated by the rapid growth of the fintech industry in Indonesia and the limited academic studies comparing credit risk based on geographical region. Methodology: This study uses monthly time series secondary data for the period January 2021 – December 2024 obtained from the OJK Fintech Lending Statistics report. This study uses the Autoregressive Distributed Lag (ARDL) method to see the short-term and long-term effects of the variables of loan amount, loan purpose (individual and business entity), and male and female debtors. Findings: The results showed that the amount of the loan did not have a significant effect on bad debts. Meanwhile, other variables have a significant effect on bad debts. Novelty: This research has novelty in terms of region; the research focuses on two regions in Indonesia, namely Jawa and Sumatra. These two regions were chosen because they have different economic characteristics of infrastructure and access to financial services.
The Influence of Accountability, Website Security, and Social Influence on Donation Intention in Crowdfunding: The Mediating Role of Trust
Purpose: This study aims to examine the influence of accountability, website security, and social influence on donation intentions in “Dompet Dhuafa” crowdfunding, with trust serving as a mediating variable. Method: This is a quantitative study, utilising data collection through a questionnaire. The sampling technique employed was non-probability sampling, with a total of 130 respondents, all of whom were young Muslim individuals. This group was chosen due to their growing engagement with digital platforms and their increasing role as active donors in online Islamic philanthropy. Focusing on young Muslims also distinguishes this study from previous research, which often overlooks age-specific behavioural dynamics in crowdfunding contexts. The research was analysed using the Partial Least Square-Structural Equation Modelling (PLS-SEM) approach with the aid of the SmartPLS 4 analytical tool. Finding: The results showed that accountability and website security have a significant direct effect on donation intentions and trust, while social influence does not affect donation intentions but has a significant impact on trust. Based on the indirect effect test, trust was found to mediate the relationship between accountability, website security, social influence, and donation intentions. Novelty: These findings will create a gap that will be evaluated for consistency in elucidating their impact on an individual's intention to donate online.
The Effect of Good Corporate Governance and Corporate Social Responsibility on Financial Performance with Earning Management as an Intervening Variable
Purpose: This study examines the influence of Good Corporate Governance (GCG) and Corporate Social Responsibility (CSR) on financial performance, with earnings management as an intervening variable. It provides alternative empirical evidence within the regulatory context of sharia-compliant firms. Methodology: A quantitative approach with panel data is employed. Secondary data were obtained from audited annual reports and sustainability disclosures published on company websites and the Indonesia Stock Exchange (idx.co.id). Purposive sampling identified 23 consumer goods companies listed on the Indonesian Sharia Stock Index (ISSI) for 2020–2023. Findings: The results indicate that GCG has a negative and significant effect on financial performance, suggesting compliance costs or reduced managerial flexibility. CSR shows no effect on financial performance, implying that disclosures in ISSI firms may be symbolic. GCG positively and significantly influences earnings management, while CSR does not. Earnings management has a negative and significant effect on financial performance. Moreover, earnings management does not mediate the relationship between GCG or CSR and financial performance. Novelty: This study focuses on sharia-compliant consumer goods companies listed on ISSI, an institutional context emphasizing ethical governance, transparency, and restrictions on speculative activities. These requirements may generate distinct behavioral patterns in governance, CSR practices, and earnings manipulation, offering insights into how GCG, CSR, and earnings management interact within an ethics-based governance framework.
Cultural Value in Income Accounting: The Case of Ilabulo Sellers in Indonesia
Purpose: This study aims to explore the income accounting practices of Ilabulo sellers in Gorontalo, Indonesia, by emphasising the role of local wisdom in informal financial management. The research was motivated by the limited documentation of how traditional cultural values shape accounting behaviour among small informal businesses. It seeks to demonstrate how these values influence financial recording and decision-making processes. Method : To achieve this, a qualitative approach was employed using passive observation and structured interviews with selected Ilabulo sellers. These methods were used to gather insights into how income is tracked and how profits are allocated within their daily business practices. Findings: The findings reveal that income is not formally recorded but instead memorized, and profits are generally used for both personal needs and charitable giving. These practices reflect a strong adherence to the cultural value of diila o’onto, bo wolu-woluwo (invisible but present), which indicates the presence of spiritual values in financial decisions. The practical implication of these findings is the need to develop simple accounting systems that are in line with local cultural and spiritual values ​​to support informal business financial practices. Novelty: This study contributes to the accounting literature by revealing how spirituality and cultural wisdom are integrated into informal income accounting. It offers a culturally grounded perspective that challenges conventional assumptions in accounting.
The Role of Audit Quality in the Relationship between ESG and Corporate Financial Performance
Purpose: The purpose of this study is to determine how environmental, social, and governance performance affects financial performance and how audit quality is able to moderate the relationship between environmental, social, governance performance and financial performance in companies listed on ISSI. Methodology: The research method used is quantitative; the data in this study are secondary data accessed through the company's official website in the form of annual financial reports and sustainability reports. Sampling using the purposive sampling method and obtained a sample of 52 samples. The processing of this research data uses the EViews 12 application. Findings: The results of the study stated that environmental influences financial performance, social influences financial performance, independent board of commissioners influences financial performance, and audit committee influences financial performance. Institutional ownership influences financial performance. Audit quality as a moderating variable in the study can moderate the relationship between environmental and social factors and financial performance but failed to moderate the relationship between the independent board of commissioners, the audit committee, and institutional ownership and financial performance. Novelty: In this study, only the social aspects of GRI were used to assess social variables. and the use of the audit quality variable as a moderating variable.
The Influence of Audit Quality and Capital Structure on Firm Performance with Earnings Management as a Mediating Variable
Purpose: This study aims to examine the effect of audit quality on company performance with earnings management as a mediating variable. These variables consist of audit quality, capital structure, firm performance, and earnings management. The uniqueness of this study lies in the use of mediating variables in earnings management. Methodology: The data source taken is the financial statements of service companies listed on the Indonesia Stock Exchange (IDX) in 2017-2023, which were obtained through the official IDX platform. By using the purposive sampling technique, this study collected 154 data for further analysis. Findings: The results of this study indicate that audit quality and capital structure have an effect on earnings management, earnings management has a negative effect on ROA and ROE, audit quality and capital structure have an effect on ROA and ROE, and audit quality and capital structure have a direct effect on both ROA and ROE, so earnings management cannot mediate the effect of audit quality and capital structure on firm performance (ROA and ROE). Novelty: This study combines the four variables (audit quality, capital structure, firm performance, and earnings management), which is still relatively rare, so there is an opportunity to explore new relationships and how quality audits can limit earnings management and ultimately improve company performance. Also, earnings management is often used to cover up the negative impacts of certain capital structures.
What Shapes the Perceived Quality of Local Government Financial Reports? Evidence from the Special Region of Yogyakarta
Purpose: This study aims to examine the key factors influencing the perceived quality of local government financial reports, focusing on internal stakeholder perceptions of decision usefulness, public accountability, and transparency. Method: A quantitative research approach was employed using a survey method. The population comprised all local government units (Organisasi Perangkat Daerah or OPD) in the Special Region of Yogyakarta, with purposive judgment sampling used to select relevant departments and agencies. The respondents were finance and accounting personnel within each sampled OPD. Data were collected through structured questionnaires and analyzed using WarpPLS 7.0 to assess the measurement model and test the proposed hypotheses via structural equation modeling (SEM). Findings: The results reveal that perceived decision usefulness, accountability, and transparency each have a significant and positive effect on the perceived quality of financial reports. These findings suggest that internal users’ judgments of report quality are strongly influenced by how well financial information supports managerial decisions, fulfills accountability expectations, and communicates financial realities transparently. Novelty: This study contributes to the public sector accounting literature by integrating three theoretical perspectives, decision-usefulness theory, public accountability theory, and transparency theory, to explain variation in perceived financial reporting quality. By focusing on the perceptions of internal stakeholders in local government, the study offers a contextualized understanding of how technical and normative dimensions of reporting shape quality assessments in a decentralized public finance environment.
Tourism Retribution as a Source of Local Revenue: Insights from Bone Bolango Regency
Purpose: This study aims to examine the contribution and growth rate of tourism retribution (including regional wealth retribution, special parking fees at tourist sites, and recreational area retribution) to locally-generated revenue (LGR) in Bone Bolango Regency, Gorontalo Province, Indonesia. The study also seeks to identify the challenges and opportunities in optimizing tourism retribution as a revenue source. Methodology: A quantitative research approach was applied. Data were collected from the Tourism and Creative Economy Office and the Central Bureau of Statistics of Bone Bolango Regency. The analysis involved calculating contribution and growth rate to assess the performance of tourism retribution. Findings: The research findings show that the contribution of tourism retribution to the Locally-generated revenue of Bone Bolango Regency from 2017 to 2021 was relatively low, ranging from 0.006% to 0.61%, with the highest contribution in 2019 at Rp465,573,000.00 (0.61%) and the lowest in 2017 at 0.006%. Additionally, tourism retribution receipts experienced significant fluctuations, with the highest growth rate of 391.58% in 2018, a sharp decline of -77.70% in 2020 due to the impact of the COVID-19 pandemic, and recovery reaching Rp328,340,005 with a growth rate of 216.30% in 2021. Novelty: This study offers a detailed analysis of tourism retribution as a revenue source. The findings emphasize the need to improve collection strategies to boost LGR, providing valuable insights for policymaking and future research aimed at optimizing local revenue generation.
An Analysis of Mosque Financial Transparency through Announcement of Infaqand Sodaqohwith Mosque Toa at Friday Prayers
Purpose: to analyse mosque financial transparency practices focusing on announcing the receipt and use of infaq and sadaqah to Friday prayer congregations using mosque toa. Methodology: This research uses a type of qualitative method with a descriptive approach to explore and understand the practice of mosque financial transparency through the announcement of infaq and sadaqah to Friday prayer congregations at the Jami' Al Huda Mosque Banjarejo Gunungsari District Umbulsari Jember Regency. Data were collected through participant observation, in-depth interviews, and document analysis. Findings: This practice of announcing management and infaq and sadaqah not only increases the accountability of mosque administrators but also strengthens the congregation's trust in fund management, which is carried out openly and clearly. Apart from building trust, financial report announcements also positively impact congregational solidarity. Congregants feel more involved and have a sense of shared responsibility, reflected in increased financial contributions and participation in religious activities. However, challenges such as time constraints were noted. Novelty: This study contributes to the literature by explicitly examining the role of sound reinforcement or toa in increasing mosque financial transparency and cultural factors in encouraging financial transparency.
Copyright (c) 2024 Journal of Accounting Inquiry http://creativecommons.org/licenses/by-sa/4.0
Board Chairman Characteristics and Performance of Islamic Banks: Evidence From Islamic Banks in Indonesia and Malaysia
Purpose: The purpose of this study is to explore the impact of chairman characteristics—specifically age, gender, and education level—on the performance of Islamic banks in Indonesia and Malaysia. The motivation for this research stems from the limited and mixed findings in existing literature regarding the role of leadership traits in shaping bank performance, especially in the context of Islamic banking. This research aims to fill the gap by analyzing how these specific characteristics influence the strategic decisions and overall performance of banks in these two countries, which are home to some of the largest Islamic banks globally. The key finding of this study is that while the age of the chairman significantly impacts performance, gender and education level do not show a notable effect. Methodology: The study employed a quantitative research methodology, using panel data from Islamic banks in Indonesia and Malaysia from 2015-2020. A panel data regression model was utilized to assess the influence of chairman characteristics on bank performance based on financial indicators such as return on assets (ROA). Data were collected from publicly available financial reports over a period of several years, and the characteristics of each chairman, such as age, gender, and education level, were analyzed in relation to these performance. Findings: The results of the regression analysis show that the age of the chairman has a significant positive relationship with bank performance. Older chairmen appear to contribute to better decision-making and long-term strategy formulation, which in turn improves the performance of Islamic banks. However, the gender and education level of the chairman were found to have no significant impact on the performance of these banks during the research period. This suggests that experience, reflected in age, plays a more crucial role than gender or educational background in determining bank performance. Novelty: This study provides valuable insights into the role of leadership chairman characteristics in Islamic banks, with a focus on the importance of age as a key predictor of bank performance. By contrasting the effect of age with gender and education, this research contributes to the ongoing debate about leadership in the financial sector. The novelty lies in its focus on the specific context of Islamic banks in Indonesia and Malaysia, offering a regional perspective on how leadership traits influence bank success. Future research could further explore additional leadership traits or examine a larger dataset across different regions to strengthen these findings.
Chairman Characteristics, Islamic Banks, Performance, Age, Gender, Education, Indonesia, Malaysia
Local Cultural Values in Income Accounting: A Study of Gorontalo Carriage Drivers
Purpose: This study aims to construct income accounting practices that integrate the local cultural values of the Gorontalo community. It addresses the need to preserve and incorporate cultural and spiritual dimensions into accounting frameworks, emphasizing the significance of cultural heritage in shaping accounting practices. Methodology: The research adopts a spiritual (Islamic) paradigm and employs an Islamic ethnomethodological approach. Data analysis is conducted in five stages: charity, knowledge, faith, revelation information, and courtesy. Findings: The study reveals that Gorontalo carriage drivers utilize a leasing system for income generation, guided by local wisdom. The principle of gratitude is central to this system, reflecting the cultural adage diila o'onto, bo wolu-woluwo, which underscores the balance between visible and invisible pursuits in life. This demonstrates that their accounting practices transcend material calculations, integrating cultural and religious values. Novelty: This research introduces a novel accounting concept that merges local cultural values and spirituality into practical accounting frameworks. It highlights the importance of cultural preservation in accounting and offers a new perspective for exploring the interplay between local wisdom and financial systems.
Income accounting, local cultural values, Gorontalo community
The Expenditure Performance and Tax Evectiveness of Kediri Regency
Purpose: The purpose of this study was to determine how the performance of local expenditure and local tax revenue in Kediri Regency. Methodology: The research method used is descriptive-quantitative, using secondary data in the form of financial reports and local government budgets from the Kediri District Statistics Agency and the Ministry of Finance for 2018-2023. Findings: The results showed that Kediri District's expenditure growth for 6 years was classified as unfavorable because the average revenue growth was smaller than the average expenditure growth. Meanwhile, the performance of operational expenditure to total expenditure shows good results because operational expenditure is less than 90%. The performance of capital expenditure on total expenditure also shows good results with a percentage of more than 5%. And the performance of direct expenditure and indirect expenditure on total expenditure shows good results, with the average direct expenditure greater than the average indirect expenditure. In terms of local tax performance, Kediri Regency from 2018-2023 shows very effective results where each ratio value is more than 100%. Novelty: This study analyzes 5 ratios of expenditure performance and local taxes in Kediri Regency for the last 6 years, starting from 2018 to 2023.
Expenditure growth ratio, tax effectiveness, Kediri District
The Impact of Tax Avoidance on Audit Report Lag with Audit Fee as a Moderating Variable
Purpose: This research examines the influence of tax avoidance measured through ETR and CETR on audit report lag, with audit costs as a moderating variable. The research is updated by integrating audit costs as a moderating variable. Methodology: It is quantitative research employing secondary data from annual reports. The selection of companies is based on predefined criteria using a purposive sampling method, resulting in a sample of 140 observations. The research is tested using panel data regression analysis with Stata 14 software. Findings: Based on the data analysis results, it can be concluded that (1) tax avoidance, measured through both ETR and CETR, has a significant positive impact on audit report lag, and (2) audit fee as a moderating variable weakens the positive relationship between tax avoidance, either ETR or CETR, and audit report lag. Novelty: The study is conducted on companies listed on the Indonesia Stock Exchange, categorized into four stock sectors with audit report lag from 2018 to 2022.
Audit Report Lag, Tax Avoidance, Audit Fee
Contribution of Lecturer Characteristics in the Formation of Accounting Student Competency: A Study at Higher Education Institutions in Yogyakarta Special Region
Purpose : This study investigates the influence of lecturer competence on student competencies in the context of online learning, addressing a research gap concerning the role of lecturers in adapting to new educational technologies. Methodology: We collected data from vocational colleges in Yogyakarta (DIY) and Central Java through comprehensive observations and questionnaires. The gathered information was analyzed using regression analysis techniques to determine the relationship between lecturers' ICT understanding, their attitudes, and the resulting impact on student competence. Findings: Our findings reveal a positive correlation between lecturers' proficiency in ICT and their attitudes, significantly affecting student competencies. The results underscore the importance of technological literacy among lecturers, who must master various online learning tools. Additionally, the attitudes displayed by lecturers play a critical role in shaping student behavior and engagement in the learning process. Novelty : This study fills a significant research gap by highlighting the essential dimensions of lecturer competence in the realm of online learning. It emphasizes the need for lecturers to adapt to technological advancements and showcases the impact of their attitudes on student engagement and respect, which are crucial for effective learning in a technology-driven era. Keywords: behavioral accounting, lecturer competence, online learning
Environmental, Social, Governance Disclosure, Leverage and Firm Value of Manufacturing Companies Listed on the Indonesian Sharia Stock Index
Purpose: This research aims to analyze the influence of environmental, social, governance disclosure and leverage on firm value in manufacturing companies listed on the Indonesian Sharia Stock Index (ISSI) for 2016-2021. Methodology: The sample in this research is manufacturing companies that meet specific criteria which were selected using a purposive sampling technique with a total research sample of 129 observation data. The data analysis technique used is multiple regression analysis which is processed using e-views12. Findings: The research results show that environmental disclosure has a negative effect on company value, social disclosure has a positive effect on company value, governance disclosure and leverage have no effect on company value. These results support signal theory and legitimacy theory, where a company's disclosure of certain information can provide a signal to show that the company has good value. Companies influence public perception by carrying out their business in accordance with applicable regulations in order to gain public trust which has implications for increasing company value. Novelty: This research uses manufacturing companies listed on the indonesian sharia stock index from 2016 – 2021 and add leverage variable.
Relationship between Financial Performance and Ownership Structure on Sustainability Disclosure in SRI-KEHATI Index Firms
Purpose: The purpose of this study is to analyze the effect of profitability, liquidity, profitability, institutional ownership, managerial ownership, and foreign ownership on the disclosure of sustainability reports. Methodology: This study uses a quantitative approach with panel data analysis. The sample selection used a purposive sampling technique and obtained 15 samples of companies listed in the SRI-KEHATI index from 2017-2021. Findings: The study results show that profitability, liquidity, institutional ownership, and managerial ownership do not affect the disclosure of sustainability reports. Foreign ownership has a negative effect on the disclosure of sustainability reports. Novelty: The novelty of this study is the research focus which analyzes the completeness of disclosing sustainability reports from companies with ESG principles, namely companies listed on the SRI-KEHATI index. In addition, the focus of the independent variables used is financial performance, which is proxied by profitability and liquidity, and ownership structure, which is proxied by institutional ownership, managerial ownership, and foreign ownership.
Copyright (c) 2023 Journal of Accounting Inquiry http://creativecommons.org/licenses/by-sa/4.0
The Performance of Governance by ABC Mosque Management: A Case Study of Historic Jami' Mosques in the Special Region of Yogyakarta
Purpose: The purpose of this study is to gain a better understanding of mosque management practices from the perspective of stewardship theory. This research discusses the governance of routine and incidental activities that mosque management organizes. Methodology: This research uses a qualitative approach with a case study research design. The qualitative approach is used to gain an in-depth understanding of the phenomenon under study. In contrast, the case study design allows researchers to develop an in-depth analysis of the events that occur. Data were collected through in-depth interviews, observation, and document analysis. This research was conducted at two mosques in the Special Region of Yogyakarta, with the research subjects including mosque management (takmir). Findings: The research examined the management practices of Masjid ABC and found that it follows a traditional and simple governance structure. Applying stewardship theory is crucial to clarifying the dynamics of mosque fund management. Novelty: This research uses the stewardship theory perspective to see the resilience of traditional mosque management in maintaining its commitment to the congregation.
The Effect of Transaction Volume, Coupons, and Macro Variables on the Price of Retail State Sukuk in Indonesia
Purpose: This study aims to analyse transaction volume, coupons, exchange rates, economic growth and the BI rate. Methodology: The sample used in this study is Retail State Sukuk in Indonesia SR001-SR007. Variable transaction volume data, coupons obtained from The Indonesia Capital Market Institute. While for macro variable data (exchange rate, economic growth, and BI rate) obtained through publication www.bi.go.id. The number of observations used amounts to 264 data. The data analysis technique in this study is panel data regression analysis with E-views software 8. Findings: The results show variable coupons, exchange rates, and the BI rate have a significant effect on the price of Retail State Sukuk with a significant value probability <α = 5% (0.05). Whereas transaction volume and economic growth do not affect the price of Retail State Sukuk. This is because the income of each individual Indonesian society varies, so it does not affect the rise and fall of Retail State Sukuk. Novelty: This research wants to analyze the instruments that influence fluctuations in Retail Government Sukuk Prices in Indonesia SR001-SR007. using data on internal variables (transaction volume, coupons) and macro variables (exchange rate, economic growth and BI rate). The analysis technique in this research is panel data regression analysis and among its benefits is adding to the repertoire of Islamic finance, providing knowledge and considerations for sukuk investors.
Copyright (c) 2022 Journal of Accounting Inquiry http://creativecommons.org/licenses/by-sa/4.0
Analysis of Capital Structure and Profitability on Firm Value of Companies Listed on the Sharia Stock List
Purpose: This study aims to analyse the capital structure and profitability on the firm value on the Sharia Stock List. Methodology: This study uses independent variables of capital structure, namely Debt to Equity Ratio (DER) and profitability (ROE). The dependent variable is firm value as measured by Tobin's Q variable. The research method is descriptive quantitative research using hypothesis testing. Findings: The results of this study are the capital structure variable partially has a negative and significant effect on firm value. Profitability variable partially has a negative and significant effect on firm value. Novelty: Researcher try to identify and further examine the effect of capital structure and profitability on the value of Sharia Stock List.
What Drives the Impact of Corporate Governance on Firm Value? Evidence from Earnings Management at Indonesian Sharia Stock Index (ISSI)
Purpose: This study sought empirical evidence on the impact of corporate governance as proxied by the board of commissioner's size, managerial ownership, and audit quality on firm value using earnings management as an intervening variable in energy sector companies indexed by the ISSI and listed on the Indonesia Stock Exchange from 2014 to 2022. Methodology: This study uses purposive sampling technique and panel data, resulting in 171 selected sample data units that will be processed using eviews. Findings: Managerial ownership, audit quality, and earnings management all have a significant and beneficial impact on firm value. However, the board of commissioners has a negative impact. Aside from that, the board of commissioners's size and managerial ownership do not affect earnings management, but audit quality has a negative effect. Earnings management as an intervening variable influences corporate governance variables. Novelty: This research attempts to provide a novel viewpoint on how political instability in a country can affect the investment climate in the Indonesian energy sector, which has received little attention previously. This study also acknowledges the inconsistency of previous research findings regarding the relationship between corporate governance and firm value, paving the way for incorporating earnings management variables as mediators and ultimately contributing to our understanding of the complex dynamics between these elements.
The Value Relevance of Earnings and Book Values: A Case from Financial Institutions in Indonesia
Purpose: This study aims to assess the ﬁeld of the accounting value relevance of earnings and book value on stock prices of banks and ﬁnancial institutions listed in the Indonesia Stock Exchange. Methodology: Using a sample of available banks and ﬁnancial institutions listed in the Indonesia Stock Exchange from 2014 to 2021, this paper accommodates the documented accounting information in an emerging market context by using stock price of four months after year-end as a dependent variable. This study used the panel data regression technique on 31 banks and 36 others ﬁnancial institution during the study period. Findings: This research ﬁnd that earnings and book value are statistically signiﬁcant associated with ﬁrm stock price. Also, using these variables together is positively related to the ﬁrm stock price. Comparatively between banks and financial institutions, these obtain evidence that earnings per share is statistically more value-relevant than book value. Novelty: This research used the financial sector, both banking and other financial institutions, because both types of institutions are intermediary institutions that greatly influence a country's economy.
The Influence of Financial Distress, Leverage, Firm Size, and Profitability on Accounting Conservatism
Purpose: This study aims to examine and analyze the effect of financial distress, leverage, firm size, and profitability on accounting conservatism. Methodology: The research sample this time is manufacturing companies listed on the Indonesian sharia stock index for 2017–2021. The method used in this study is panel data regression. This study uses the Fixed Effect Model as the best model in the study. Findings: This test found that the variables financial distress and profitability have a significant positive effect on accounting conservatism. Meanwhile, leverage and firm size have no effect on accounting conservatism. Novelty: This study continues previous research by using different samples and populations and adding an independent variable.
Islamic Ethnomethodology Studies to Uncover Local Cultural Values Behind Capital Accounting Practices
Purpose: The purpose of this study is to find the value of local wisdom behind the business capital of food stalls in Gorontalo. Methodology : the type of method used is qualitative. there are five stages of data analysis namely charity, knowledge of faith, revelation information, and courtesy. Findings: The informants obtained capital sourced from debt through their relatives, so there was no guarantee, interest, and flexible terms of debt repayment. Meanwhile, informants who used capital sourced from personal funds were because places to eat, equipment, and business equipment were inherited from their parents. So that informants only need to spend a small amount of money on starting a business. The capital practiced by the owners of the food stalls is conditional on non-material values ​​in the form of kinship. In the culture of the people of Gorontalo, the value of kinship is one of the spirits that the elders often internalize through the expression "dilla bo ilaato binthe wawu pale" This expression means a family statement because of blood relations or is still allied. Novelty: The novelty of this research is to present capital accounting practices based on local cultural values
Capital, Food Stalls, Islamic Ethnomethodology
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