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UTILISATION OF BIG DATA ANALYTICS IN ACCOUNTING INFORMATION SYSTEMS TO IMPROVE THE QUALITY OF CORPORATE FINANCIAL DECISION MAKING Teguh Prakoso; Rina Apriliani
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 2 No. 6 (2025): JUNE
Publisher : CV. Adiba Aisha Amira

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Abstract

The utilisation of Big Data Analytics (BDA) in accounting information systems provides significant transformation opportunities in the company's financial decision-making process. This study aims to analyse the role of BDA in improving the quality of financial decisions through a literature study approach that reviews various research results and recent scientific publications. The results show that BDA integration enables real-time financial data processing, anomaly detection, trend prediction, and more accurate and comprehensive multidimensional analysis. BDA also contributes to improved audit efficiency, risk management, and integration of financial data with external data to support evidence-based strategic decisions. However, challenges such as the need for large technological infrastructure, data security, human resource competence, and implementation costs are still obstacles that need to be overcome. With the right management strategy, BDA can be an important tool in supporting the transformation of modern accounting functions and strengthening the competitiveness of companies in the digital era.
THE VITAL ROLE OF ACCOUNTING IN OPTIMISING MARKETING COMMUNICATION STRATEGIES Teguh Prakoso; Desi Yuniarti
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 2 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

The vital role of accounting in optimising marketing communication strategies refers to the integration of accounting principles and practices into the planning, execution and evaluation of marketing campaigns. This concept involves using financial data, cost-benefit analyses, and performance metrics to improve the effectiveness and efficiency of marketing efforts. By combining accounting expertise with marketing creativity, companies can make more informed decisions, allocate resources more appropriately, accurately measure return on investment, and adjust strategies based on measurable results. This integrated approach not only improves the performance of individual campaigns but also contributes to the overall success and sustainability of the business in the long run. The review in this study used the literature method. The main findings show that the application of financial metrics in marketing planning and evaluation results in higher return on investment and better risk management. In addition, the integration of accounting in marketing communication strategies increases transparency and accountability, which are important for building stakeholder trust and regulatory compliance.
A SYSTEMATIC REVIEW OF FINANCIAL MANAGEMENT PRACTICES IN DEVELOPING COUNTRIES: TRENDS, CHALLENGES AND FUTURE DIRECTIONS Teguh Prakoso; Rina Apriliani
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 3 (2024): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

Trends, Challenges, and Future Directions is a comprehensive and structured study that analyses, evaluates, and synthesises current information on financial management practices in developing countries. The research method used is literature. The results show that there is an increasing adoption of financial technology, the importance of financial inclusion, and the need for adaptive regulation. Significant challenges include infrastructure limitations, digital divide, and macroeconomic instability. The research also explores future directions, including the potential of blockchain, artificial intelligence in risk management, and the development of sustainable finance models. In conclusion, despite facing various obstacles, financial management practices in developing countries show dynamic development with significant opportunities for innovation. The implications of these findings are relevant for policymakers, industry practitioners, and researchers in optimising financial management strategies in emerging contexts.
FINANCIAL LITERACY ANALYSIS OF HOUSEHOLD FINANCIAL BEHAVIOR IN INDONESIA: A LITERATURE REVIEW Teguh Prakoso; Hajar Mukaromah; Pemy Christiaan
JOURNAL OF COMMUNITY DEDICATION Vol. 3 No. 2 (2024): Journal of Community Dedication
Publisher : Adiba Aisha Amira

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Abstract

Financial literacy plays an important role in shaping the financial behavior of households in Indonesia. Households with higher levels of financial literacy tend to have better financial planning, manage their budgets regularly, and are better prepared for economic shocks. Conversely, households with low financial literacy often experience difficulties in managing finances, get trapped in excessive debt, and lack emergency funds and long-term investments. Efforts to improve the financial literacy of Indonesians have been made through various education and socialization programs by the government, financial institutions, and non-governmental organizations. However, challenges remain in reaching all levels of society, especially in rural areas and low-income groups. Further research is needed to identify effective financial education methods in accordance with the socio-cultural characteristics of the Indonesian people. In addition, strengthening regulations and consumer protection are also needed to create a financial ecosystem that supports increased financial literacy and inclusion. With increased financial literacy, it is expected that households in Indonesia can make wiser financial decisions, improve welfare, and contribute to national economic stability.
STRATEGI MANAJEMEN KEUANGAN YANG EFEKTIF UNTUK PENINGKATAN TARAF HIDUP MASYARAKAT Teguh Prakoso; Rina Apriliani
JOURNAL OF COMMUNITY DEDICATION Vol. 3 No. 3 (2024): Journal of Community Dedication
Publisher : Adiba Aisha Amira

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Abstract

Effective financial management strategies for improving people's living standards refer to a series of planned approaches and methods in managing financial resources, both at the individual, family, and community levels, which aim to improve economic well-being and overall quality of life. These strategies include careful financial planning, wise management of income and expenditure, optimal use of financial instruments and investments, and increased financial literacy, which collectively aim to create financial stability, economic growth, and improve people's living standards in the long term. The study method in this study uses the literature method. The results of the study show that strategies such as careful budget planning, wise debt management, investment diversification, and increased financial literacy have a significant positive impact on financial stability and economic growth of the community. This study also identifies challenges in implementing these strategies, including gaps in knowledge and access to financial services. In conclusion, the implementation of effective financial management strategies, supported by appropriate policies and continuous education, can be a key instrument in improving people's living standards and encouraging inclusive economic development.