Jurnal Akuntansi dan Keuangan
The Jurnal Akuntansi dan Keuangan (JAK) is a peer-reviewed journal, published biannually in May and November by The Institute of Research and Community Outreach, Petra Christian University, Surabaya, Indonesia. The JAK invites manuscripts in the various topics include, but not limited to, functional areas of accounting and finance, financial accounting and securities market, management accounting, accounting information systems, auditing and taxation.
Articles
91 Documents
<![CDATA[Influence of Information Asymmetry and Self-Efficacy on Budgetary Slack: An Experimental Study ]]>
<![CDATA[Zaenal Fanani]]>;
<![CDATA[Georgina Elizabeth K. Saudale]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 20 No. 2 (2018): NOVEMBER 2018 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.20.2.62-72
<![CDATA[Participation in the budgetary process does not only comes with a positive effect(s) but could also lead to negative behavior(s) of employees, one of which is the creation of budgetary slack. Previous studies said that information asymmetry is rated as one of the causes of the creation of budgetary slack. The purposes of this 3x2 factorial experimental study and between subject designs are to see the effect of information asymmetry on the budgetary slack and see whether information asymmetry and self-efficacy leads to the creation of budgetary slack. This study involved 65 undergraduate and postgraduate students from the accounting department of Economics and Business Faculty in Universitas Airlangga Surabaya as participants. One way ANOVA and two- way ANOVA is used to test and analyze the proposed hypothesis. Results show that information asymmetry influences the creation of budgetary slack. However, production managers with high or low self-efficacy are still taking advantage of asymmetric information that happened to do budgetary slack.]]>
<![CDATA[Organizational Justice and Whistleblowing: An Experimental Test ]]>
<![CDATA[Abraham Kurniawan]]>;
<![CDATA[Intiyas Utami]]>;
<![CDATA[David Ade Chandra Ashedica Pesudo]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 20 No. 2 (2018): NOVEMBER 2018 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.20.2.73-78
<![CDATA[Whistleblowing has become an important issue at the organization recently because it enables individuals to disclose any regulation’s errors in the organization to their superior. Whistleblowing could be caused by several factors, one of which is organizational justice. The organizational justice consists of distributive justice and procedural justice. The objective of this research is to examine the causality of organizational justice to whistleblowing intention. This research was conducted with 2x2 between-subjects experimental design. The results show that when an individual is faced with fair distributive justice or fair procedural justice, they have the tendency to whistle the fraud. When an individual is faced with unfair procedural justice and fair distributive justice, they also tendto whistle the fraud.]]>
<![CDATA[Optimum Board Size for Indonesian Public Companies ]]>
<![CDATA[Komang Ayu Krisnadewi]]>;
<![CDATA[Wayan Pradnyantha Wirasedana]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 20 No. 2 (2018): NOVEMBER 2018 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.20.2.79-88
<![CDATA[This research aims to investigate variables affecting board size in public companies listed on the Indonesian Stock Exchange (IDX) and optimum board size which maximizes firm’s value measured by Price to Earnings Ratio (PER), Price to Book Value (PBV), and Tobin’s Q. Using 4,379 observations from 2007 to 2015 of IDX data, this research finds that liquidity, solvability, activity, and profitability affect board size significantly in quadratic form. In addition, it is suggested that the optimum board size for small companies is four directors while the size for big companies is six to seven directors.]]>
<![CDATA[Potential Factors to Enhance the Level of Disclosure within Financial Statements of Indonesian Provincial Governments ]]>
<![CDATA[Johan Arifin]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 20 No. 2 (2018): NOVEMBER 2018 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.20.2.89-98
<![CDATA[Using Agency theory, this research aims to examine the factors that potentially influence the level of disclosure within financial statements in Indonesian provincial governments including Human Development Index (HDI), Liabilities, General Allocated Fund (GAF), and Provincial Original Revenue (POR). This research is very important because Indonesia has recently undergone major governmental financial reform and is seeking to greatly enforce its financial accounting transparency. The objects of this research are 99 financial statements from 33 Indonesian provinces in the period of 2014 to 2016. The level of disclosure is measured using a 34 item index derived from Indonesian Government Accounting Standards. Regression analysis shows that Human Development Index (HDI) and General Allocated Fund (GAF) are positive and significant predictors of the level of disclosure within financial statements of Indonesian provincial govern- ments. These results can be used by Indonesian government as a potential information in making government policy related to financial transparency at provincial level.]]>
<![CDATA[Key Determinants of Indonesia’s Banks Financial Performance ]]>
<![CDATA[Martin Panggabean]]>;
<![CDATA[Stefan Batara Panggabean]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 2 (2019): NOVEMBER 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.2.58-67
<![CDATA[Depositors, investors, as well as public in general need easily accessible indicators that are important to differentiate various banks. This research addresses simultaneously two important issues: analyzing and identifying which key publicly available financial indicators of banks are important, as well as approximating the weight of the aforementioned indicators when banks’ comparisons are to be made. Utilizing the recent 2017 database from 90 conventional banks, this study analyzes 17 banking ratios using the method of principal component analysis. The calculations show that five components explain around 75 percent of total variation in the data. Those five components represent indicators on profitability, quality of capital, quality of loans, fee-based activities, and liquid assets in the balance sheets. Further, by combining five principal components, the result shows that even small banks can achieve good financial performances.]]>
<![CDATA[The Negative Effect of Time Budget Pressure to Auditor Independence and Professional Skepticism ]]>
<![CDATA[Andi Ina Yustina]]>;
<![CDATA[Stephanie Angelica Gonadi]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 1 (2019): MAY 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.1.38-48
<![CDATA[This research examines whether time budget pressure affect professional scepticism and if so, whether the affect is mediated by auditor independency. A web-based survey is used in deploying and delivering questionnaires to 163 auditors from big four and non-big four in Jakarta. The result shows that auditor independency (AI) is partially mediated the relationship between time budget pressure (TBP) and professional scepticism (PS). Which means, external auditor in Jakarta who experiencing high time pressure will tend to decrease their independency and resulted a low scepticism. Seeing this result, this study suggests by increasing number of audit team member, set the number of minimum supporting evidence and having supervisor to monitor auditor’s job, will help to minimize the negative effect of time pressure.]]>
<![CDATA[Discretionary Accounting Choice and Management Opportunistic Behavior to Manage Income ]]>
<![CDATA[Theresia Trisanti]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 1 (2019): MAY 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.1.21-29
<![CDATA[Income smoothing (IS) practice is "the smoothing of fluctuations company income levels that are considered normal for company". IS manipulation has a clear goal, which is to generate income flows that continue increase stably. There are several ways that companies can use to do IS practice for example: changes in accounting methods. In this research, income smoothing practices of Indonesian listed manufacturing firms were detected through empirical tests using changes in discretionary accounting (DAC). Samples of listed manufacturing companies classified as smoothing and non-smoothing using Moses smoothing behavior index. The results show that the possible motivation of DAC transactions is income smoothing. Two independent variables such as institutional ownership and external audit quality have a significant positive effect on IS practice but the company size has no influence on IS practice.]]>
<![CDATA[The Effect of IFRS Adoption on the Readability of Annual Reports: An Empirical Study of Indonesian Public Companies ]]>
<![CDATA[Irfan Hidayatullah]]>;
<![CDATA[Dyah Setyaningrum]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 2 (2019): NOVEMBER 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.2.49-57
<![CDATA[This study aims to determine the effect of IFRS adoption on the readability of annual reports readability in Indonesia. The sample of this study includes 52 non-financial firms within a four-year period, from 2010-2011 and 2013-2014, with 208-year observations. Hypothesis testing is conducted by multiple linear regression analysis. This study provides evidence that IFRS adoption has significant and negative relationship with disclosure readability in Indonesian public companies. Implication of this study is IFRS adoption requires more sophisticated and/or more competent users of financial statements, measured by higher requirements of years of education needed to comprehend the disclosures.]]>
<![CDATA[Obedience Pressure and Tax Sanction: An Experimental Study on Tax Compliance ]]>
<![CDATA[Kadek Pranetha Prananjaya]]>;
<![CDATA[Niluh Putu Dian Rosalina Handayani Narsa]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 2 (2019): NOVEMBER 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.2.68-81
<![CDATA[This research aims to test the influence of tax sanction and obedience pressure on tax compliance. By applying a 2x2 between-subject factorial experiment method, this research has found the empirical evidence that taxpayers tend to be more tax-compliant when the tax sanction is high rather than low. Next, when taxpayers tend to be more non-compliant when they receive obedience pressure from their superior rather than not. Lastly, from the interaction test between tax sanction and obedience pressure variables, the researcher found empirical evidence that shows that, when given high tax sanctions, a taxpayer will have higher tax compliance rate when they do not receive obedience pressure compared with when they receive obedience pressure. This research has a practical implication that obedience pressure from a superior is a key that could potentially reduce tax compliance rate because, although there are low or high sanctions, if there are any obedience pressure, then the tax compliance rate will be low.]]>
<![CDATA[The Impact of Audit Committee’s Financial Expertise and Status on Accrual Earnings Management ]]>
<![CDATA[Rindi Fitria Dewi]]>;
<![CDATA[Aria Farah Mita]]>
<![CDATA[ Jurnal Akuntansi dan Keuangan Vol. 21 No. 2 (2019): NOVEMBER 2019 ]]>
Publisher : <![CDATA[Institute of Research and Community Outreach - Petra Christian University ]]>
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DOI: 10.9744/jak.21.2.82-89
<![CDATA[This research aims to study the impact of the audit committee’s financial expertise and status on accrual earnings management. This study focuses on the status of audit committee relatives to the board of director. Status is measured by their current or previous employment in the BEI listed companies, the intra-industry of BEI listed companies, the financial companies of BEI listed or in the financial institutions; in the government; and a degree from elite educational institutions. A sample of non-financial companies is used with a period observation of 2015-2016 and a total observation of 580 firm-years. The result of this research indicates that the audit committee financial expertise has a significant effect on accrual earnings management. The audit committee status has no significant effect on accrual earnings management.]]>
