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Misool Baseftin Foundation's Financial Performance Doubled in Five Years Ferdinant Nuru; Fredy Arios Tiblola; Yohanis Eduard Rijoli
International Journal of Management Science and Information Technology Vol. 4 No. 1 (2024): January - June 2024
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/ijmsit.v4i1.1729

Abstract

Measuring and controlling performance within non-profit organizations can be seen as a strong tool for feedback and learning for the company and a way to evaluate impacts, results, and outputs. To determine and analyze the financial performance of nonprofit organizations at the Misool Baseftin Foundation for the 2016–2020 period, Ritchie and Kolodinsky's (2003) financial ratio analysis, which includes financial performance ratios, public support ratios, and fundraising efficiency ratios, was used. (Effectiveness of fundraising). Secondary data from the Foundation's financial accounts is what is referred to as research data. Descriptive quantitative techniques are used in the research process. The analysis's findings demonstrate that (1) total income to total assets is over 1.0, with the average ratio sitting at 2.03, indicating very high financial performance. (2) For the past five years, the ratio of total income minus total costs to total assets is 0.04. A positive value means that revenue in that year exceeded costs and that a significant percentage was saved as an asset. Therefore, the performance of nonprofit organizations improves as this ratio increases.
Evaluation of the Impact of Monetary Policy on the Financial Performance of Manufacturing Companies: Implications of Interest Rates, Inflation and Macroeconomic Stability Fredy Arios Tiblola; Agustinus Biay; Harum Putri Prawitaningrum; Rahma K Lakamudi
International Journal of Management Science and Information Technology Vol. 4 No. 2 (2024): July - December 2024
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/ijmsit.v4i2.3126

Abstract

This study aims to evaluate the impact of monetary policy on the financial performance of manufacturing companies in Indonesia, emphasising the implications of interest rates, inflation, and macroeconomic stability. Using a quantitative approach through multiple regression analysis, this study analyzes the relationship between monetary policy variables of Bank Indonesia's benchmark interest rate, inflation rate, exchange rate, foreign exchange reserves, and budget deficit with the company's financial performance, as measured using Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). Secondary data used in this study include the annual financial reports of manufacturing companies listed on the Indonesia Stock Exchange (IDX) from 2015-2023. The study results indicate that the benchmark interest rate has a significant negative effect on ROA and ROE. In contrast, the inflation rate shows varying impacts on NPM and other financial performance. In addition, macroeconomic stability is measured through indicators of the rupiah exchange rate against the USD, foreign exchange reserves, and budget deficit, which significantly affect the company's financial performance. These findings emphasize the importance of monetary policy and macroeconomic stability in determining the profitability of manufacturing companies in Indonesia. This study implies that corporate management needs to develop more adaptive strategies to deal with fluctuations in monetary policy and macroeconomic conditions. In addition, policymakers need to consider the long-term impact of monetary policy on the manufacturing sector to create an economic environment conducive to industrial growth. This study contributes significantly to the literature on the impact of monetary policy on corporate financial performance in emerging markets.
Internal Audit Strategies in Strengthening Corporate Governance: A Risk Management and Compliance Analysis Sumardi Sumardi; Fredy Arios Tiblola; Anto Purwadi
International Journal of Management Science and Information Technology Vol. 6 No. 1 (2026): January - June 2026
Publisher : Lembaga Komunitas Informasi Teknologi Aceh (KITA), Indonesia

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.35870/ijmsit.v6i1.6545

Abstract

This study aims to analyze the role of internal audit in strengthening corporate governance. This study focuses on the risk management and compliance aspects of an organization's ability to comply with accepted standards, laws, and regulations, especially in this era of digital transformation. Internal audit plays a crucial role in reviewing the suitability of internal control systems, risk management, and compliance. The application of technology in internal audit has enabled increased risk detection efficiency while ensuring better compliance. This study uses a comparative approach, comparing companies that have switched to digital technology systems for internal audit with companies that still use traditional methods. Data collection comes from interviews, surveys, and document analysis of 200 respondents (internal auditors, audit committee members, and senior managers) in 50 companies. Newly introduced digital technologies in internal audit have been shown to strengthen risk management and compliance, thereby improving overall corporate governance. Organizations with strong governance structures, having more independent directors and more effective audit committees, tend to be more successful in risk management. The study also found that clear policies on internal control play a very important role in improving compliance. However, issues such as unreliable investment costs, complete system integration, and resistance from top management remain barriers to implementing digital technologies in internal audit.