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Journal : Academia Open

The Effect of the Application of Government Accounting Standards, Apparatus Competence, the Role of Internal Audit and the Internal Control System on the Quality of Information on Local Government Financial Statements Mursida, Safrinia; Setiyono, Wisnu Panggah
Academia Open Vol 5 (2021): December (on progress)
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.21070/acopen.5.2021.1941

Abstract

This study aims to determine the effect of the application of Government Accounting Standards,Apparatus Competence, the Role of Internal Audit and the Internal Control System on the Quality of Information on Local Government Financial Statements. The object of this research is all Auditor Functional Officials in the Inspectorate of East Java Province. The research sample was 55 respondents. The sampling method used was purposive sampling. The data analysis method used is multiple linear regression which is then obtained using SPSS 25 software. The results of this study prove that the application of government accounting standards, apparatus competence, the role of internal audit and the internal control system partially has a significant effect on the quality of information on local government financial statements. The conclusion of this study found that to be able to improve the quality of financial report information in the Provincial Government of East Java, it can be done through the effectiveness of review activities on financial statements before the report is submitted to the Republic of Indonesia Audit Board.
Multicultural Education Management Reform with Religious Approach, Da'wah, and Technology in MuhammadiyahHigh School Joko Trihono; Wisnu Panggah Setiyono
Academia Open Vol 2 (2020): June
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (12.353 KB) | DOI: 10.21070/acopen.2.2020.714

Abstract

This research aims to describe and analyze the school's vision, mission, and values process transformed into multicultural education planning ,Multicultural education implementation process, multicultural education evaluation form. To avoid poisoning in understanding the meaning of the title of this study, it is necessary to explain the intent and meaning of the words composed in the title namely: Education is various efforts made by a person (educator) towards a person (protégé) in order to achieve positive maximum development. Planning is an intellectual process for determining goals and ways of achieving them. Implementation is the process of rationing or making it real in another sense is the process of implementation. Transformations are two main definitions. The first transformation is the fundamental change of organizational elements in adjustment to environmental change. The second is the dialogue process that takes place between teachers and students, students and students as part of the educational process with the aim of developing the skills of students. Management is the science or art of managing a set of tasks through the intermediary of others in achieving goals effectively and efficiently. Multiculturalism is an idea born of the fact of differences between citizens. Different life experiences foster different awareness and values that sometimes appear contradictory. Human encounters of different ethnic backgrounds are increasingly extending across the territorial boundaries of nations and countries to continental boundaries. In this study will discuss how multicultural is interpreted in the lives of citizens. This research will look at the diversity that exists in schools. Multicultural education in this study multicultural education is interpreted as an educational process based on multiculturalism which means acceptance of diversity in life. In relation to how this education will be packaged into multicultural education programs. These programs begin with planning, implementation, and evaluation conducted together.
The Effect of Financial Literacy and Financial Attitude on Financial Welfare of MSME Actors in Sidoarjo City with Financial Management Behavior as an Intervening Variable Miftahul Jannah; Wisnu Panggah Setiyono
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (325.502 KB) | DOI: 10.21070/acopen.5.2021.1667

Abstract

The purpose of this study was to determine whether the financial welfare of MSME actors in Sidoarjo can be measured through their financial behavior, where the level of financial management behavior in this study is seen based on financial literacy and one's financial attitude. This study uses primary data through a data collection process by distributing questionnaires directly (offline) or online with a non-probability sampling method with a total of 100 respondents from SMEs in Sidoarjo. The data analysis technique used is Structural Equation Modeling (SEM) with the Smart-PLS version 3.2.8 program. from this study shows that there is a positive and significant influence on financial literacy, financial attitudes, and financial management behavior on financial welfare. Financial literacy, and financial attitudes have a positive and significant influence on financial management behavior. And for the influence of the Intervening variable, it results that financial literacy and financial attitudes have an influence on financial welfare through financial management behavior.
The Influence of Perceived Return Level and Financial Literacy Level on Individual Stock Investment Decision Making Aicha Ari Romadona; Wisnu Panggah Setiyono
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (244.927 KB) | DOI: 10.21070/acopen.5.2021.1740

Abstract

The purposes of this study are 1) To analyze the effect of perceived return on stock investment decision making. 2) To analyze the effect of financial literacy on stock investment decisions. 3) To analyze the effect of perceived returns and financial literacy on stock investment decisions. This study uses a quantitative approach, by collecting questionnaire data and using purposive sampling technique. The sample used as many as 100 investors Capital market Community Surabaya and surrounding areas. The data analysis technique used is the inner model test, outer model test and hypothesis testing using the SmartPLS version 3.0 program. The results of this study obtained based on the validity test of the questionnaire statement were declared valid. For the reliability test of the Cronbach alpha value of > 0.7, it is declared reliable. And to test the hypothesis based on the value of the inner weight on the Path Coefficients, it shows that tcount for variables X1 and X2 has a significant positive effect. The results of tcount for Perceived Return (X1) are 2,908 and financial literacy are 2.292.
The Influence of Infrastructure, Work Environment, Discipline and Motivation in Improving the Performance of Junior High School Teachers Aliwarno Aliwarno; Wisnu Panggah Setiyono
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (1185.578 KB) | DOI: 10.21070/acopen.5.2021.2336

Abstract

This Research Aims To Determine The Effect Of Infrastructure, Work Environment, Discipline, And Motivation In Improving Teacher Performance At SMP Muhammadiyah 5 Tulangan. The hypothesis in this study is that there is an effect of infrastructure, work environment, discipline, and motivation in improving teacher performance partially and simultaneously. To Test This Hypothesis, Data Hypothesis Tool Is Used In The Form Of Multiple Linear Regression. This research design uses the method of collecting sample data through questionnaires. The sample is all teachers of SMP Muhammadiyah 5 Reinforcement. The Data Collected Then Analyzed With Multiple Regression Analysis Using SPSS Version 21. The Sampling Technique In This Research Is Census. The Research Results Obtained Based On The Validity And Reliability Test Show All Questions On The Questionnaire Are Valid And Reliable. The F test results show that the independent variable has a simultaneous effect on the dependent variable. The T test shows that there is a partial effect between infrastructure, work environment, discipline, and motivation on performance. The results of the determination test state that the variables of infrastructure, work environment, discipline, and motivation have a significant and positive effect on improving teacher performance at SMP Muhammadiyah 5 Reinforcement.
The Importance of Knowledge, Skill, Attitude and Competence to Achieve Professional Performance Elive Twi Etik; Wisnu Panggah Setiyono
Academia Open Vol 5 (2021): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (492.14 KB) | DOI: 10.21070/acopen.5.2021.2391

Abstract

This study aims to analyze the effect of knowledge, skills, attitude and competence on professional performance in ASN at the Morokrembangan Kodiklatal Surabaya. The research was conducted using a quantitative approach, with a total sample of 193 ASN in Morokrembangan Kodiklatal Surabaya. The analysis technique used is multiple linear regression analysis, with the help of the SPSS version 25 program. The results show that, 1) knowledge has a significant effect on professional performance, 2) skill has a significant effect on professional performance, 3) attitude has a significant effect on performance. professionals, 4) competence has a significant effect on professional performance, and 5) knowledge, skills, attitudes and competencies on professional performance in ASN at the Morokrembangan Kodiklatal Surabaya.
Corporate Governance, Profitability, Dividends: Impact on Earnings Management Muhammad Sabdo Sartam; Wisnu Panggah Setiyono
Academia Open Vol 7 (2022): December
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (226.156 KB) | DOI: 10.21070/acopen.7.2022.3277

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This study aims to examine the influence of good corporate governance, profitability, and dividend policy on earnings management in manufacturing companies within the consumption sector during the period 2015-2019. Employing a quantitative approach, the study used purposive sampling to select a sample of nine manufacturing companies, resulting in the analysis of 45 financial statements. The data was analyzed using multiple linear regression through the SPSS version 25 program. The findings reveal that good corporate governance does not significantly affect earnings management, while profitability exhibits a significant impact. Moreover, dividend policy does not have a significant effect on earnings management. However, collectively, good corporate governance, profitability, and dividend policy significantly influence earnings management. These results contribute to the existing literature on corporate governance and provide implications for stakeholders, including regulators, investors, and management, in their efforts to enhance financial performance and minimize earnings management practices in manufacturing companies. Highlights: The study examines the influence of corporate governance, profitability, and dividend policy on earnings management in manufacturing companies. Profitability demonstrates a significant impact on earnings management. Good corporate governance and dividend policy do not individually have a significant effect on earnings management, but collectively they show a significant influence. Keywords: Corporate Governance, Profitability, Dividend Policy, Earnings Management, Manufacturing Companies.
Comparative Analysis of Bitcoin, Stocks, and Gold Cryptocurrencies as Alternative Investment Portfolios Rafly Firdaus Budiartomo; Wisnu Panggah Setiyono
Academia Open Vol 8 No 1 (2023): June
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (268.762 KB) | DOI: 10.21070/acopen.8.2023.3511

Abstract

The purpose of this research is to find out and analyze the comparison of the performance of bitcoin cryptocurrency, stocks, and gold. The population in this study is the monthly closing price of bitcoin, LQ45 shares, and gold from January 2018 - December 2020, which is 252 datas. The sampling technique of this research is saturated samples. The analytical method used is the comparative method and the data used are secondary data. Data is calculated using the Microsoft Excel program based on the formula of each variable. The data was processed statistically using the SPSS application, the Kruskall-Wallis Test. The results of this study indicate that there is no significant difference between bitcoin, LQ45 stocks, and gold when measured from return and Jensen's performance measure. Then, there are significant differences between bitcoin, LQ45 stocks, and gold when measured from risk, Sharpe performance’s measure, and Treynor’s performance’s measure. Highlights: Bitcoin, stocks, and gold: Comparative performance analysis Highlighting the comparison of performance between bitcoin, LQ45 stocks, and gold. Investigating the differences in performance measures such as return, Jensen's measure, risk, Sharpe's measure, and Treynor's measure. Sample and analytical methods Utilizing saturated samples and secondary data for the study. Employing the Kruskall-Wallis Test to analyze the data statistically. Results: Performance similarities and differences No significant difference observed between bitcoin, LQ45 stocks, and gold in terms of return and Jensen's performance measure. Significant differences identified when considering risk, Sharpe's performance measure, and Treynor's performance measure among bitcoin, LQ45 stocks, and gold. Keywords: Bitcoin, LQ45 stocks, gold, performance comparison, Kruskall-Wallis Test
Optimizing Management Decisions: Special Order Pricing in MSMEs Arum Ambarsari; Wisnu Panggah Setiyono
Academia Open Vol 8 No 1 (2023): June
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (299.18 KB) | DOI: 10.21070/acopen.8.2023.3584

Abstract

This study employs a descriptive quantitative research approach to analyze and test the application of the Analysis of Differential Costs in management decision making regarding the acceptance or rejection of special order prices in MSMEs. Data was collected through interviews and questionnaires, and the analysis focused on the differential costs incurred by Kedai Vivi, a representative MSME, in relation to alternative products. The results of the analysis indicated that accepting special orders in November 2021 yielded a profit of Rp. 1,119,800 for Kedai Vivi, while rejecting the special order would result in a profit of only Rp. 915,790. The findings highlight a positive differential profit, indicating that the differential cost was lower than the selling price set by MSME Kedai Vivi. This study provides valuable insights into the effective utilization of differential cost analysis in supporting management decision making within MSMEs, with implications for enhancing profitability and competitiveness in the global market. Highlights: Differential cost analysis: Examining the differences in costs associated with alternative products or decisions, enabling informed management decision making. Special order pricing: Investigating the impact of accepting or rejecting special orders on profitability, considering factors such as selling price and differential costs. MSMEs and profitability: Exploring the implications of effective cost analysis and decision making for small and medium-sized enterprises, enhancing their profitability and competitiveness. Keywords: Differential costs, Management decision making, Special order pricing, MSMEs, Profitability analysis
Decoding Millennial Financial Behavior: Factors Shaping Financial Management Nexus Nesia Odila; Wisnu Panggah Setiyono
Academia Open Vol 8 No 1 (2023): June
Publisher : Universitas Muhammadiyah Sidoarjo

Show Abstract | Download Original | Original Source | Check in Google Scholar | Full PDF (232.281 KB) | DOI: 10.21070/acopen.8.2023.4099

Abstract

This study investigates the influence of Financial Literacy, Financial Knowledge, Financial Attitude, Locus of Control, and Income on Financial Management Behavior among millennials in Sidoarjo City. Recognizing the prevalent lack of financial knowledge in this generation, we emphasize the pivotal role of individual financial conditions in fostering effective financial management for the future. Employing a quantitative approach, we collected data through questionnaires distributed to 100 respondents. The analysis was conducted using multiple linear regression with the PLS (Partial Least Squares) program. The findings reveal that Financial Literacy, Financial Knowledge, Financial Attitude, Locus of Control, and Income significantly affect Financial Management Behavior. Furthermore, the simultaneous impact of these factors on millennials' financial behavior is evident. This study sheds light on the complex interplay between various elements and provides valuable implications for financial education programs, policymakers, and individuals seeking to enhance their financial well-being in the ever-evolving financial landscape. Highlights: Financial Literacy: Understanding the impact of financial literacy on the financial management behavior of millennials in Sidoarjo City. Factors Influencing Behavior: Exploring the significant factors such as financial knowledge, attitude, locus of control, and income that shape the financial management behavior of millennials. Implications for Financial Education: Providing valuable insights for financial education programs, policymakers, and individuals to enhance financial well-being among the millennial generation. Keywords: Financial Literacy, Millennial Generation, Financial Management Behavior, Financial Knowledge, Locus of Control
Co-Authors Ahmad Kahfiatur Rohman Aicha Ari Romadona Alfisyahr, Rizal Aliwarno Aliwarno Alshaf Pebrianggara Alviana, Melisa Andaru Hapsari Putri Andayani, Fatma Dwi Andriannoor, Renaldy Anggraini, Rusmalina Aprilia Afni Furoidah Arbiya Magfiroh Rohmi Ardiandana, Mohammad Rengga Arif, M.Arif Dwi Maulidin Arto, Thoriqi Juni Arum Ambarsari Ayun Niyawati Boy Isma Putra Choiron, Ramadhani Nurul Daniel Happy Putra Detak Prapanca Dewi Andriyani Dewi, Ajeng Listyo Didin Septian Mahardiana Suprayoga Dina Dwi Oktavia Rini Dwi Agustin, Siska Diah Dwi Sri Rezeki Dyah Renita Setyaningayu Elive Twi Etik Fadia Ika Nurwahyuni Fajar Prayogi, Achmad Brian ferdi ardiansyah, ferdi Habibie, Muhammad Yusuf Hadiah Fitriyah Hartiningsih, Nadhita Bhela Herlinda Maya Kumala Sari, Herlinda Maya Kumala Ika Khusnul Fadilah Iktiasari, Firra Mayang Imelda Dian Rahmawati Indi Ulfa Irma Nur Aisiyah Istichomah, Nesti Joko Trihono Kautsarina, Raisa Kurniati, Novita Yuli Lia Ernawati Lisdiana, Dela Lusi Rahmawati M Idris, M Idris Maghfiro, Putri Lailatul Mahmudah, Siti Miftakhurrohmah Mar’aqonitatillah, Ana Masyita, Siti Mawanda, Maulita Dhea Miftahul Jannah Mochamad Rizal Yulianto Mochammad Rendy Pamungkas Mohammad Iqbal Mudjib, Affandy Winarko Muhammad Iqbal Muhammad Luthfi Muhammad Sabdo Sartam Muhammad Yani, Muhammad Muhammad Yusril Fahmi Alhanif Mukhammad Shofyan Mursida, Safrinia Nesia Odila Ningrum, Galuh Kharisma Nur Ravita Hanun Pradianingsih, Rini Pramesari, Alifia Hayunda Pramesta, Novi Indah Putra, Agung Tovanda Putra, Andri Nusantara Putri, Hanifah Silvia Rafly Firdaus Budiartomo Rifka Ulinnuhya Annafa Rizal Alfisyahr Rizal, As'at Rohmawati, Putri Dewi Safinatuz Zuhriyah Sambiono, Daris Shofyan, Mukhammad Sigit Hermawan Sriyono Sriyono Sriyono Sriyono Sriyono Supardi Supardi Supardi Supardi Supardi Supardi Surya Krisna, Intan Salsabila Trihono, Joko Triyanto, Ade Ulandari, Ninis Vera Firdaus Vionita, Silvia Al Widya Adinda Lestari Wigy Prayoga Wijaya, Roesmanta Adi Wisnu, Sriangger Denhanggodho Zannah, Harum Umi Nur Zhely Varesha Audiva Audiva