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FINANCIAL RISK MANAGEMENT STRATEGIES IN DEALING WITH FOREIGN EXCHANGE RATE FLUCTUATIONS Loso Judijanto; Nurussama; Rina Apriliani
Prosiding Seminar Nasional Indonesia Vol. 1 No. 2 (2024): Prosiding Seminar Nasional Indonesia
Publisher : CV. Adiba Aisha Amira

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Abstract

Changes in foreign exchange (forex) rates have a significant impact on the finances of companies that operate internationally. Exchange rate fluctuations can affect profitability, operating costs, and the value of overseas assets, placing pressure on a company's financial stability. This research investigates various financial risk management strategies that can be used by companies to protect themselves from this volatility. The research method used was a literature review. The research found that derivatives, when used appropriately, can significantly reduce the risks associated with exchange rate fluctuations. However, this strategy requires a deep understanding of financial instruments and the forex market, as well as expertise in financial risk management. In addition, the study identified that currency diversification and currency matching are important approaches in risk mitigation that not only protect companies from forex market uncertainties but also help in maintaining liquidity. Another critical factor is the cooperative relationship with international banks that can provide valuable insights and customized solutions for forex risk management.
THE ROLE OF TAXES IN SUPPORTING SUSTAINABLE DEVELOPMENT: A CRITICAL ANALYSIS Rina Apriliani; Loso Judijanto; Melyana R Pugu
Prosiding Seminar Nasional Indonesia Vol. 2 No. 1 (2024): Prosiding Seminar Nasional Indonesia
Publisher : CV. Adiba Aisha Amira

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Abstract

Sustainable development has become a critical global agenda in the 21st century, requiring concerted efforts across sectors to balance economic progress, environmental sustainability and social welfare. In this context, taxes present a very useful but often underutilized policy tool. The study in this research utilizes a literature review. The results indicate that to maximize the function of taxes in sustainable development, comprehensive tax reforms are needed that include: simplifying the tax system, increasing tax progressivity, strengthening tax administration, and better integration of tax policy with environmental and social policies. In addition, closer international cooperation on taxation, especially to address cross-border issues such as tax avoidance by multinational companies, is also urgently needed.
THE APPLICATION OF FINANCIAL ACCOUNTING STANDARDS TO THE QUALITY OF FINANCIAL STATEMENTS IN MANUFACTURING COMPANIES IN INDONESIA Benediktus Rolando; Ignatius Septo Pramesworo; Rina Apriliani; Mohamad Khairi Bin Haji Othman
INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE Vol. 2 No. 5 (2025): INTERNATIONAL JOURNAL OF ECONOMIC LITERATURE (INJOLE)
Publisher : Adisam Publisher

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Abstract

This study discusses the effect of the application of Financial Accounting Standards (SAK) on the quality of financial statements of manufacturing companies in Indonesia. The research method used is literature review. The research findings show that companies that consistently apply SAK are able to produce more transparent, accurate, and comparable reports. Strict application of SAK also contributes to reducing record errors and manipulation of financial statements, improving information disclosure, and assisting stakeholders' economic decision making. This research confirms the importance of investment in accounting information technology and human resource training to support effective implementation of SAKs. The implication is that company management needs to commit to applicable accounting standards and invest in technology development and employee training to ensure reliable financial statements and improve the company's reputation and long-term competitiveness.
DESIGNING A FINANCIAL STRATEGY TO ACHIEVE BUSINESS SUSTAINABILITY Wulandari Wulandari; Muhammad Masykur Abdillah; Rina Apriliani
BORJUIS: JURNAL OF ECONOMY Vol. 1 No. 3 (2024): BORJUIS: JOURNAL OF ECONOMY
Publisher : Adisam Publisher

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Abstract

This research aims to formulate financial strategies that support business sustainability amidst increasing demands for companies to operate environmentally and socially responsibly. The research method carried out by researchers is literature. The research results show that sustainable finance strategies depend on accurate risk assessments, efficient resource allocation, and a commitment to transparency and accountability. Effective companies adopt a triple-bottom-line approach, considering the economic, environmental, and social impacts of their business activities. Investments in green technology, energy diversification, and waste reduction initiatives have been proven to increase efficiency and reduce operational costs.
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.
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.
THE EFFECT OF SOCIAL MEDIA ON INCREASING PRODUCT SALES: A CASE STUDY OF MSMES IN INDONESIA Silvia Ekasari; Susilo Utomo; Rina Apriliani
INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS Vol. 1 No. 7 (2025): INTERNATIONAL JOURNAL OF FINANCIAL ECONOMICS (IJEFE)
Publisher : CV. Adiba Aisha Amira

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Abstract

The influence of social media on increasing sales of MSME products in Indonesia is seen in the ability of platforms such as Instagram, Facebook, and WhatsApp to expand market reach, increase product visibility, and build closer relationships with customers. Through interactive content, paid advertising, and collaboration with influencers, MSMEs can significantly increase sales and customer loyalty. Proper and consistent use of social media has proven to be an effective marketing strategy for the success of MSMEs in the digital era. The study in this research uses the literature method. The results show that effective use of social media can increase the visibility and market reach of MSMEs. Platforms such as Instagram, Facebook, and WhatsApp allow MSMEs to promote products more widely with interesting and interactive content. In addition, social media also allows MSMEs to build closer relationships with customers through direct interaction, get feedback, and increase customer loyalty. The study also identified that the use of paid advertising and collaboration with local influencers has a positive impact on sales. In conclusion, social media has a significant role in supporting the growth and success of MSMEs in Indonesia, depending on effective and consistent strategies.