Jurnal Reviu Akuntansi dan Keuangan
Jurnal Reviu Akuntansi dan Keuangan Investasi (JRAK) focuses on the research related on accounting and finance that are relevant for the development of the theory and practice of accounting in Indonesia and southeast asia. JRAK covered various of research approach, namely: quantitative, qualitative and mixed method. JRAK focuses related on various themes, topics and aspects of accounting and investment, including (but not limited) to the following topics: Financial Accounting Public Sector Accounting Management Accounting Sharia Accounting and Financial Management Auditing Corporate Governance Behavioral Accounting (Including Ethics and Professionalism) Financial Management Accounting (Ethics) Education Taxation Capital Markets and Investments Accounting for Banking and insurance Accounting Information Systems Sustainability Reporting Intellectual Capital, etc.
Articles
484 Documents
<![CDATA[Eco-Efficiency And Financial Performance: An Evidence From Indonesian Listed Company (Using The Emissions Intensity Approach) ]]>
<![CDATA[Rochmawati Daud]]>;
<![CDATA[Inten Meutia]]>;
<![CDATA[Emylia Yuniarti]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.23337
<![CDATA[ Purpose: This study aims to examine the effect of eco-efficiency on the company's financial performance. This study uses natural resource-based theory to provide empirical evidence regarding the effect of sustainability policies in the form of emission reductions on the financial performance of companies listed on the Indonesia Stock Exchange. Methodology/approach: The concept of eco-efficiency is measured using the emission intensity approach. This study uses a period of data panels from 2019 to 2021 to capture the effect of eco-efficiency on the company's financial performance. Using three accounting measures of financial performance in the research model: ROA, ROE, and ROS, to understand in more detail the impact of eco-efficiency on the company's financial performance. Findings: This study finds that eco-efficiency positively impacts financial performance. This finding implies that the fewer Green House Gas emissions produced, the higher the company's financial performance. Practical implications: These findings prove to the company that emission reduction policies can positively impact the company's financial performance. Originality/value: This study uses a measure of eco-efficiency that is different from previous research by measuring eco-efficiency in the context impact on the environment from company operations through the emissions produced by the company.]]>
<![CDATA[Peran Government Financial Dan Pertumbuhan Ekonomi Dalam Kesiapan Adopsi Paripurna International Public Sector Accounting Standards ]]>
<![CDATA[Setu Setyawan]]>;
<![CDATA[Ahmad Juanda]]>;
<![CDATA[Lia Candra Inata]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.23903
<![CDATA[Purpose: The objective of this research to assess and analyze the role of government finance and economic growth in influencing the readiness of plenary adoption of IPSAS. Methodology/approach: The sample in this study consisted of 198 research data from 33 provincial governments in Indonesia that sample criteria. The data of this study were analyzed using multiple regression analysis. Findings: The results of the study found that low level of government finance expected to role in the readiness of IPSAS plenary adoption. Meanwhile, the economic growth rate that is getting better or worse can influence the informer to disclose information in accordance with the elements of IPSAS. Practical implications: This research contributes to provincial governments and policymakers to better support the implementation of accrual-based IPSAS and is used guide for policymakers in determining whether plenary adoption is relevant so as to create value for public entities, especially public sector organizations. Originality/value: Regarding IPSAS, there has been no empirical research that analyzes the readiness of IPSAS plenary adoption with economic growth factors that play a role in IPSAS adoption readiness. So this needs to be done research that leads to the readiness of IPSAS adoption in full with factors that influence it.]]>
<![CDATA[The Role Of Independence And Effectiveness Of Internal Audit To Good University Governance ]]>
<![CDATA[Dwi Sulistiani]]>;
<![CDATA[Fantika Febry Puspitasari]]>;
<![CDATA[Siti Ma'rifatul Hasanah]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.25539
<![CDATA[Purpose: This study aims at providing an empirical evidence of the effectiveness of the Internal Audit (IA) as a mediating variable in the association of IA independence and Good University Governance (GUG). Methodology/approach: A quantitative research using survey methods was carried out by applying Wrap PLS software for the data processing. The primary data were in the form of questionnaires, which were distributed to IA unit members from 58 state Islamic higher education institutions in Indonesia. There are 107 questionnaires that are accepted and processed. Findings: The results show that independence does not influence GUG directly. However, the effectiveness of IA proved the capability of mediating the relationship between IA independence and GUG. Internal auditors in higher education institutions are still unable to fully maintain their independence. It happened because, apart from being an auditor, lecturers act as auditees in their capacity as educators. Practical implications: For policymakers, the results of this research can be used as an input or a basis for establishing new regulations, especially regarding IA in Higher Education. For State Islamic Higher Education, this study provides recommendations for the need to increase the independence and effectiveness of the IA because it can support the achievement of GUG. Originality/value: This study uses IA objects in state Islamic universities throughout Indonesia. This research model is different from previous research by placing IA effectiveness in the relationship between IA independence and GUG.]]>
<![CDATA[Penentu Fee Audit Pada Perusahaan Manufaktur ]]>
<![CDATA[Maylia Pramono Sari]]>;
<![CDATA[Novi Wijayaningsih]]>;
<![CDATA[Surya Raharja]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.21613
<![CDATA[Purpose: This study aims to analyze the effect of Chief Executive Officer (CEO) gender and ownership structure on audit fees and the moderating effect of firm size. Methodology/approach: The population used are manufacturing companies listed on the Indonesia Stock Exchange (IDX) in 2017-2019, with a total of 192 companies. This study uses descriptive analysis and inferential analysis through regression analysis with moderating variables using the absolute difference value test. Findings: The results show that CEO gender has a significant negative effect on audit fees, foreign ownership has a significant positive impact on audit fees. In contrast, managerial ownership and government ownership have no significant impact on audit fees. Firm size can moderate in weakening the effect of CEO gender on audit fees but cannot moderate the effect of managerial ownership, foreign ownership, and government ownership on audit fees. Originality/value: This study adds an independent CEO gender variable and a moderating variable in company size.]]>
<![CDATA[Mengapa Perusahaan Manufaktur Di Indonesia Melakukan Keputusan Hedging? ]]>
<![CDATA[Arinal Mirdha]]>;
<![CDATA[Muhammad Arfan]]>;
<![CDATA[Indayani]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.21659
<![CDATA[Purpose: This study aims to examine the factors that influence manufacturing companies in Indonesia to make hedging decisions Methodology/approach: The study selected 179 companies as the population and 124 companies as a sample. The analysis unit used is a manufacturing company listed on the Indonesia Stock Exchange for the 2018-2020 observation year, so that the observation unit amounted to 372 observations. The study sample was selected using a simple random sampling technique. The source of this research data is secondary data obtained from the publication of the company's annual financial statements and analyzed using logistic regression. Findings: The results showed that growth opportunities and financial leverage are factors that motivate company managers to make hedging decisions, while likiudity is a factor that mitigates managers to make hedging decisions. On the other hand, cash flow volatility is a factor that is unable to explain hedging decisions. Practical implications: Practical implications in this study suggest that when making hedging decisions, manufacturing company managers should consider factors that influence hedging decisions, namely growth opportunities, financial leverage, and liquidity. Additionally, investors and creditors should also take into account variables or factors that influence manager decisions on hedging before deciding to invest or provide loans. Originality/value: This study used simple random sampling techniques in determining research samples, in contrast to previous studies that used purposive sampling techniques. This aims to overcome the weaknesses of purposive sampling techniques that are not able to generalize results of study to the entire population.]]>
<![CDATA[Green Intellectual Capital And Sustained Competitive Advantages In The Industrial Sector Of Indonesia ]]>
<![CDATA[Solihin Solihin]]>;
<![CDATA[Harnovinsah Harnovinsah]]>;
<![CDATA[Tugiantoro Tugiantoro]]>;
<![CDATA[Karsam Karsam]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.23865
<![CDATA[Purpose: The purpose of this study is to examine the effect of Green Intellectual Capital which includes three components namely green human capital, green structural capital, and green relational capital on sustainable competitive advantage through h moderation of environmental consciousness in the manufacturing industry in Indonesia, which has been listed on the Indonesia Stock Exchange. Methodology/approach: This research is a quantitative study, the number of samples used is 216 of 316 populations of high-profile sensitive industries listed on the Indonesia Stock Exchange. The survey was conducted at a managerial level with a minimum of 3 years experiences. This study used a questionnaire instrument with a purposive sampling method and data analysis using Structured Equation Modelling (SEM-PLS) Findings: The empirical results of this study indicate that the three components of green human capital, green structural capital, and green relational capital have proven to have a significant effect on sustainable competitive advantage. While testing through environmental consciousness moderation shows that the three components of green human capital, green structural capital, and green relational capital, have no significant effect on sustainable competitive advantage. The implication of this research is that green intellectual capital can be used as a guide for companies that can ultimately develop and maintain a sustainable competitive advantage. Practical implications: The green human capital can be use as guidance of companies that can ultimately develop and mantaian the competitive advantage Originality/value: The originality of this research is the variable of green intellectual capital and competitive advantage in winning the competitive strategy for companies, the research results that the sustainable competitive advantage which will be the focus of study for the next researcher.]]>
<![CDATA[Financial Distress Dan Opini Audit Terkait Going Concern: Moderasi Penerapan Turnaround Strategy ]]>
<![CDATA[Pupung Purnamasari]]>;
<![CDATA[Faradissa Abia Nashwa]]>;
<![CDATA[Devianti Yunita Harahap]]>;
<![CDATA[Rini Lestari]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.25656
<![CDATA[Purpose: The auditor is responsible for assessing the appropriateness of using the going concern assumption and providing conclusions regarding material uncertainties that cause business continuity to be disrupted. The purpose of this research is to assess the direct and indirect effect of financial distress on the providing of audit opinion related to going concern through the turnaround strategy plan. Methodology/approach: The sample used in this study consisted of 46 energy sector companies listed on the IDX during 2015 – 2019. The hypothesis testing in this study used PLS-SEM. The method used in this research is quantitative method, descriptive statistics with secondary data as a data source. Findings: The results of the study showed that financial distress has a significant direct or indirect effect on the providing of audit opinions related to going concern. Financial distress has a greater influence on the provision of an audit opinion regarding going concern if it is mediated by the management plan. Simultaneously financial distress and turnaround strategy plan are able to explain the audit opinion related to going concern by 66.6%, while the remaining 33.4% is explained by other factors not included in this study. Practical implications: This research proves that the auditor has considered material doubts about the company's financial factors and the plan to implement a turnaround strategy in providing audit opinions related to going concern. Originality/value: Auditor skepticism in providing audit opinions by considering the management turnaround strategy plan.]]>
<![CDATA[Does Fintech Lending And ICT Development Index Affect Poverty? Evidence From Indonesia ]]>
<![CDATA[Handy Nugraha]]>;
<![CDATA[Santi Putriani]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 1 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i1.25921
<![CDATA[ Purpose: The purpose of this research is to see how FinTech Lending and ICT Development Index affect poverty in Indonesia. This study provides knowledge about the impact of FinTech Lending and the ICT Development Index on poverty reduction. Methodology/approach: This study uses a quantitative approach and panel data regression analysis method. This study uses panel data consisting of 34 provinces in Indonesia with observations for 2019-2021. This study uses secondary data types obtained from official Indonesian government agencies (OJK and BPS). Findings: The results of this study found that the FinTech Lending and ICT Development Index have a negative effect on poverty in Indonesia. This means that the growth of FinTech Lending and ICT can reduce poverty in Indonesia. Practical implications: The results of this research can be considered by policymakers to support FinTech development and financial inclusion, as well as increase budget allocations for the acceleration and equity of ICT infrastructure development which in turn can help reduce poverty in Indonesia. Originality/value: To the best of the researcher's knowledge, this study is the first study to link FinTech, ICT Development Index, and Poverty simultaneously in Indonesia.]]>
<![CDATA[The Use Of Sharia Fintech On MSMEs Performance: Mediation Of Interest In Use Of Transactions ]]>
<![CDATA[Sri Wahjuni Latifah]]>;
<![CDATA[Ahmad Waluya Jati]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 2 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i2.23419
<![CDATA[Purpose: This study was conducted to examine the use of Sharia fintech mediated by an interesting use of transactions to improve the performance of MSMEs. Methodology/approach: The survey was conducted on MSMEs in Malang Raya. The sampling technique using purposive sampling obtained 70 respondents. Data analysis and hypothesis testing using SEM assisted by Smart PLS software. Findings: The results showed that ease of use and trust have an effect on interest in using Sharia Fintech. However, service features and risk security have no effect on interest in transactions using Sharia fintech. This study proves that the use of Sharia Fintech with the mediation of interest in use is proven to have an effect on the performance of MSMEs. Practical implications: The implication of this research for MSMEs is that MSMEs should choose Sharia fintech under the supervision of the OJK. The implication for Sharia fintech companies is that they can create features that are easy for users to understand. Originality/value: This study offers a mediation model of interest in the use of transactions on the use of Sharia fintech and the performance of MSMEs]]>
<![CDATA[Implementasi Good Government Sebagai Upaya Pencegahan Fraud Dalam Pengelolaan Keuangan Desa ]]>
<![CDATA[Ira Megasyara]]>;
<![CDATA[Amrizal Imawan]]>
<![CDATA[ Jurnal Reviu Akuntansi dan Keuangan Vol. 13 No. 2 (2023): Jurnal Reviu Akuntansi dan Keuangan ]]>
Publisher : <![CDATA[Universitas Muhammadiyah Malang ]]>
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DOI: 10.22219/jrak.v13i2.23525
<![CDATA[Purpose: This study aims to explore and reveal the application of the principles of good governance as an effort to prevent fraud in managing village government finances. Methodology/approach: This research is a qualitative research with an interpretive approach and to obtain the data using interviews and observations. Data collection was carried out by conducting in-depth interviews with informants who understood the research theme and could provide information and be involved in managing village finances, namely the village chief and the chairman of the village consultative body. Besides that, researchers also made observations and documentation related to evidence that supports the implementation of the principles of Good Corporate Governance (GCG) in managing village finances. Findings: The results of this study are that the village government has implemented the principles of good governance, namely community participation, budget transparency and policy programs, accountability as well as discipline and order in every stage of village financial management starting from the stages of planning and budgeting, program implementation and reporting or accountability, implementation of the principles of good governance has proven to be able to prevent acts of fraud in managing village finances. Because the community has access to oversee and supervise the village government in managing village finances. So that there is loophole to commit fraudulent acts. Practical implications: The implication of this research is that village governments must be creative and continue to improve the quality of good governance. Originality/value: Using the Good Government (GG) theory to prevent fraud in village financial management]]>
