Advances in Accounting Innovation
Advances in Accounting Innovation (AAI) is a leading academic journal in Indonesia committed to advancing the field of accounting through the dissemination of cutting-edge research and innovative practices. Published twice a year, AAI serves as an important platform for academics, practitioners, and policy makers to explore contemporary issues and trends in accounting innovation. The journal aims to enhance the focus on the application of accounting theories, methodologies, and technologies, encouraging meaningful contributions to academia and professional practice. AAI continuously strives to develop research and processes to submit gradually achieve indexing in reputable databases such as; ISSN portal, Scholar, Zenodo, OpenAIRE, Copernicus, Garuda, Sinta, DOAJ, EBSCOhost, ErihPlus, WOS, Scopus.
Articles
16 Documents
<![CDATA[The Impact of Technology Readiness, Usefulness, and Ease of Use on AI-Based Accounting Software Adoption ]]>
<![CDATA[Dwianto, Agus]]>;
<![CDATA[Nur Rahman, Arif]]>;
<![CDATA[Itsnaini Ulynnuha, Ovi]]>;
<![CDATA[Anam, Khoirul]]>;
<![CDATA[Mohammed Sultan Saif, Gehad]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 1 (2024): August ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i1.87
<![CDATA[Objective: This study aims to examine the impact of technology readiness, perceived usefulness, and perceived ease of use on the adoption of AI-based accounting software among undergraduate accounting students in Indonesia.Methods: This study utilized quantitative research methodology and associative design to survey 359 accounting students from the Faculty of Business and Economics at several universities in Indonesia. A total of 247 participants were selected through purposive sampling. SEM-PLS was used to evaluate the data, which was collected through an online questionnaire and SmartPLS 3.0 software.Findings: The results indicate that technology readiness did not significantly influence technology adoption. However, perceived usefulness and perceived ease of use had strong positive effects. Specifically, perceived usefulness and perceived ease of use significantly predicted technology adoption, emphasizing the importance of these factors in students' willingness to adopt AI-based accounting software.Novelty: This study contributes to the literature by providing empirical evidence on the determinants of AI technology adoption in the context of accounting education, particularly in a developing country setting.Theory and Policy Implications: The results indicate that perceived benefits and simplicity of use are important factors in technology adoption, supporting the Diffusion of Innovation Theory and the Theory of Planned Behavior. Educational institutions should prioritize improving the perceived utility and user-friendliness of AI technologies by implementing tailored training programs and intuitive interfaces. This will promote greater acceptance and utilization of these technologies among students.]]>
<![CDATA[Effectiveness of Digitalization and ESG Integration in Increasing the Relevance Value of Accounting Information ]]>
<![CDATA[Ayu Lestari, Mey]]>;
<![CDATA[Pratiwi, Nindya]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 1 (2024): August ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i1.88
<![CDATA[Objective: The present research assesses the effects of digitalization and Environmental, Social, and Governance (ESG) practices on the applicability of accounting data, particularly Earnings Per Share (EPS) and Book Value Per Share (BVPS), in publicly traded companies in Indonesia.Methods: Using multiple regression analysis, the study tests the effects of ESG and digitalization on EPS and BVPS. Data is collected from Indonesian companies listed on the IDX for 2019-2023.Findings: The results indicate that while digitalization has a significant positive relationship with stock prices, ESG practices do not significantly enhance the relevance value of EPS and BVPS. ESG integration is found to weaken the relationship between accounting information and investor assessments. Additionally, the combined effect of digitalization and ESG on EPS and BVPS shows a negative correlation, suggesting that the current implementation of these practices does not effectively enhance the value relevance of accounting information.Novelty: This study provides new insights into the interaction between digitalization and ESG integration within the context of Indonesian companies. It highlights the challenges and inefficiencies in the implementation of these practices, offering a nuanced understanding of their impact on the value relevance of accounting information.Theory and Policy Implications: The results indicate that the current practices of ESG (Environmental, Social, and Governance) and digitalization may not be effectively improving the importance of accounting information. This emphasizes the necessity for consistent reporting and better execution]]>
<![CDATA[The Short Term Earnings Management Ethic and Its Effect on Accounting Education and Corporate Perceptions ]]>
<![CDATA[Arifah, Siti]]>;
<![CDATA[Rizki Nugraha, Aditya]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 1 (2024): August ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i1.89
<![CDATA[Objective: This study explores how students and company managers view earnings management strategies, with a particular emphasis on the moral and ethical aspects. It also looks at how these views differ according to gender. Enhancing knowledge of ethical behavior in financial reporting is the goal, and it will also guide future investigations and legislative actions.Methods: A structured questionnaire consisting of twenty items with ratings on a five-point Likert scale was used in a descriptive research design. There were 700 participants in the sample, 150 of whom were business managers and the remaining 550 were students from Indonesian universities. To evaluate variations based on group and gender, distribution of frequencies, means, and ANOVA were used to examine the data.Findings: Findings show that opinions of earnings management techniques varied significantly between the sexes, with men typically viewing aggressive tactics with less leniency. The study revealed that activities having more financial consequences, such as postponing costs or adjusting reserves, are subject to more scrutiny. Relationships between gender and behavior are consistent with contemporary empirical data and theoretical models such as the Concept of Planned Behavior.Novelty: This research adds to the current conversation about the ethics of finance and the effectiveness of regulatory regimes by offering fresh perspectives on the ways in which gender and certain earnings management techniques affect moral reasoning.Theory and Policy Implications: The results emphasize the necessity of customized ethical education and policy modifications to tackle gender disparities in perspectives. Future studies on the relationship between gender, organizational culture, and financial ethics should be conducted in order to provide more useful ethical guidelines and procedures for financial reporting.]]>
<![CDATA[Does Earning Per Share Contribute to the Effect of ESG Score on Share Price of Mining Sector Companies? ]]>
<![CDATA[Setyaningsih, Wulan]]>;
<![CDATA[Surya Wibowo, Riyan]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 1 (2024): August ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i1.90
<![CDATA[Objective: With an emphasis on the moderating effect of earnings per share (EPS) in the mining industry, this study examines the relationship between stock prices and social, governance, and environmental disclosures.Methods: A quantitative examination was carried out with 140 mining companies' data. Information was gathered from MarketWatch, IDX (Indonesia Stock Exchange), and business sustainability reports using documentation methodologies and selective sampling.Findings: The data demonstrates a noteworthy and favorable influence of ESG scores on company prices, with EPS further amplifying this effect. Companies that have high Environmental, Social, and Governance (ESG) ratings experience a rise in their stock prices, particularly when their financial performance is robust. Nevertheless, an unforeseen inverse relationship between earnings per share (EPS) and stock prices within the mining industry indicates that the market is doubtful of the validity of high EPS in specific circumstances.Novelty: This study provides a more profound comprehension of the relationship between financial measures and ESG aspects in influencing stock prices, uncovering the intricate dynamics between financial well-being and sustainable practices.Theory and Policy Implications: The findings underscore the significance of integrating efficient ESG initiatives with robust financial performance in order to enhance stock prices. Policymakers should prioritize the promotion of transparency in reporting environmental, social, and governance (ESG) factors, as well as the incorporation of financial indicators into regulatory frameworks. These measures will help facilitate and encourage sustainable business practices.]]>
<![CDATA[Sustainable Development Disclosure in ESG Reports and Gender Diversity on the Audit Committee ]]>
<![CDATA[Alina, Aisyah]]>;
<![CDATA[Durriya, Azalia]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 1 (2024): August ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i1.91
<![CDATA[Objective: The aim of this research is to examine the impact of gender diversity in audit committees on the quality of Environmental, Social, and Governance (ESG) disclosures made by companies listed on the Indonesian Stock Exchange between 2018 and 2023.Methods: Financial databases and annual reports of 673 companies served as data sources. ESG disclosures were assessed based on Information ratings for Completeness, Relevance, and Accessibility, which measure the quality of disclosures. The Blau index and proportion of female members in the audit committee are used to measure gender diversity. To address endogeneity issues, a three-stage least squares methodology was used.Findings: The study reveals that having a greater representation of different genders in audit committees greatly improves the thoroughness and pertinence of ESG disclosures. However, it does not have a significant effect on their ease of access. Furthermore, the level of activity of the audit committee has a favorable effect on the association between gender diversity with the level of ESG disclosures. This suggests that audit committees with a diverse composition and lower levels of busyness are more successful in improving ESG reporting.Novelty: This study offers fresh perspectives on how gender diversity might enhance the accuracy and completeness of ESG disclosures. It also emphasizes the role of audit committee workload in shaping this relationship, providing a deeper comprehension of the elements that impact ESG reporting.Theory and Policy Implications: The conclusions are based on the principles of Representation Theory, which propose that including a variety of views enhances the quality of decision-making and supervision. The findings suggest that enhancing gender diversity in audit committees can enhance the quality of ESG reporting. It is recommended that policymakers and organizations improve the representation of different genders in audit committees and effectively handle the workload of these committees in order to maximize the quality of environmental, social, and governance (ESG) disclosures.]]>
<![CDATA[Empirical analysis of hotel strategic management accounting practices ]]>
<![CDATA[Puspita Sari, Melinda]]>;
<![CDATA[Adi Wibowo, Wahyu]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 2 (2025): February ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i2.192
<![CDATA[Purpose – This paper investigates the adoption of Strategic Innovation Management Accounting (SIMA) and related organisational and environmental variables in hospitality. This study examines how organisational lifecycle, decentralisation, perceived environmental uncertainty, IS quality and moderation between historical performance and SIMA adoption.Design/methodology/approach – A quantitative research design was used with a survey data from hotel managers to determine the influence of strategic management accounting on decision-making processes. Structural equation modeling (SEM) was utilized to examine the direct and interaction effects of organizational structure, environmental factors, and IS quality on SIMA use.Findings – The results substantiate the positive impact of perceived environmental uncertainty, decentralization, IS quality and organizational life cycle stage on SIMA adoption. Additionally, the results indicate that the influence of previous financial performance on SIMA usage are moderated by usage context, with the relationships weaker in highly uncertain environments, decentralized organizations, mature firms, and organizations with high-quality IS information. These findings game ID directors a glimpse of SIMA as a significant player in each managing financial processes and improving decisions.Originality/value – This study builds on previous research in studying which environmental and organizational conditions moderate the relationship between financial performance and SIMA usage. Different from the prior studies that emphasize on general accounting practices, this study delivers empirical evidence on the strategic adaptation of use of management accounting tools by firms in response to environmental conditions and firm design.Research Implications – The study contributes to our understanding of hotel management by highlighting the role of SIMA in sustaining performance and impact under challenging circumstances. These findings can be utilized by policymakers and industry stakeholders in formulating frameworks for facilitating the adoption of strategic accounting practices in the hospitality industry. Future studies can analyze the contextual relevance of these insights for emerging markets like Indonesia given the regulatory and technological developments.]]>
<![CDATA[Impact of Auditor Independence, Professionalism, and Skepticism on Audit Quality ]]>
<![CDATA[Gunawan, Devina]]>;
<![CDATA[Ayu Lestari, Mey]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 2 (2025): February ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i2.193
<![CDATA[Purpose – The objective of this study is to analyze the influence of auditor independence, professionalism, professional skepticism, audit tenure, and auditor competence on audit quality in Indonesia. This study is intended to provide documentation for factors that improve the reliability audits and credibility of financial reporting.Design/methodology/approach – A quantitative method was used with the primary data in the form of structured questionnaires to auditors of Public Accounting Firms in Surabaya and other cities in Indonesia. Data were tested using structural equation modeling (SEM) to confirm hypotheses and evaluate the relationships found among the variables. Tests of reliability and validity were performed to ensure accuracy of measurement.Findings – This study found that auditor independence, professionalism, professional skepticism, and auditor competence positively and significantly affected audit quality, suggesting that ethical and technical excellence is essential to good audit practices. Conversely, audit tenure has a negative impact on audit quality, which supports the idea that tenure may impair the objectivity of auditors in an extended audit engagement. These results are consistent with regulatory arguments calling for rotation of audit firms and/or partners to bolster professional skepticism and independence.Originality/value – This study fills a gap in the existing literature by providing empirical evidence about the determinants affecting audit quality in the Indonesian setting. The outcomes support policymakers, regulatory agencies, and auditing professionals in reinforcing governance frameworks and audit standards. The study emphasizes the significant role that auditor expertise and ethical behavior plays in upholding the integrity of financial reporting.Research Implications – This study highlights the importance of continuing professional education, and taking action to ensure regulatory compliance, ultimately improving audit quality]]>
<![CDATA[Intellectual Capital and Bank Performance in GCC: A Comparison of Islamic and Conventional Banks ]]>
<![CDATA[Al Ahmed, Alshammy]]>;
<![CDATA[Aloutaibi, Shidiqqu]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 2 (2025): February ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i2.197
<![CDATA[Purpose – Thus the motivation for this research is focused to investigate the econometric outcomes of human, social and organizational capital on the performance of the Gulf Cooperation Council (GCC) conventional and Islamic banks.Design/methodology/approach – Design/methodology/approach The study uses a panel data analysis of Islamic and conventional banks across the GCC region. To assess these elements, the model of Value-Added Intellectual Coefficient (VAIC) was used to measure the intellectual capital and the key indicators, return on assets (ROA) along with return on equity (ROE) have been used for financial performance.Findings – The results show that the impact of intellectual capital on performance is significant for both types of banks but to a different extent. In contrast to conventional banks, human capital and structural capital have a predominant effect on Islamic banks, indicating a greater reliance on knowledge-based resources and ethical banking principles by Islamic banks. In contrast, traditional banks show a more balanced share of each component of intellectual capital. The results further indicate the instrumental importance of intellectual capital for the financial stability and operational efficiency of above mentioned banking models.Originality/value – Comparing intellectual capital management in Islamic and conventional banks in the GCC, this study provides insights for managers, policymakers and investors to improve sustainable strategies..Research Implications – This study highlights the role of intellectual capital investment in improving financial performance in both Islamic and conventional banks. The study recommends policy makers to develop regulations to promote the growth of intellectual capital, especially in Islamic banking. Future research can explore external factors such as economic conditions and technology on this relationship and extend it to other regions. ]]>
<![CDATA[The Influence of Intellectual Capital on Corporate Financial Performance: Professional Empirical Evidence ]]>
<![CDATA[Aisyiah Hassany, Nur]]>;
<![CDATA[Faizall Al Saud, Mohd]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 2 (2025): February ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i2.198
<![CDATA[Purpose – This study aims to investigate the influence of intellectual capital IC on corporate financial performance (CFP) of the financial services industry in Brunei. It explores what role human capital HC, structural capital SC, and relational capital RC play in delivering financial performanceDesign/methodology/approach – This research used Canonical Correlation Analysis CCA to help to analyze the relationships between components of IC HC, SC, RC and financial performance measures (ROA, ROE, EPS). The data of sample are sourced from financial reports and market performance record of the firms in Brunei.Findings – The outputs correlate compellingly to IC constituents with CFP, where HC confirms to be the major drive in the financial industry while RC displays a substantial involvement in the service sector. The results of canonical correlation confirmed that the first function explained a large amount of variance of financial performance in both sectors. Furthermore, the study emphasizes cross-sectional diversity across different sectors in terms of IC impact on financial outcomes.Originality/value – Contrasting previous research, this is an empirical study of Brunei's economy focusing on the sector-specific dimension of IC on financial performance. Furthermore, it promotes the application of CCA in IC related studies, providing a better perspective in the multivariate setting.Research Implications – The results highlight the need for firms in Brunei to improve their IC management strategies based on their respective industry. Using data from this study, policymakers and corporate leaders alike can enhance workforce development, promote relational networks and integrate structural capital investments to achieve consistent financial growth.]]>
<![CDATA[Corporate Social Responsibility Market Reaction and Accounting Conservatism with Investor Protection and Stock Liquidity ]]>
<![CDATA[Hu Zhangze, Van]]>;
<![CDATA[Wang Y. L, Li]]>
<![CDATA[ Advances in Accounting Innovation Vol. 1 No. 2 (2025): February ]]>
Publisher : <![CDATA[Inovasi Analisis Data ]]>
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DOI: 10.69725/aai.v1i2.199
<![CDATA[Purpose – This study investigates the links between CSR, market response and accounting conservatism, focusing on the moderating influences of investor protection and stock liquidity. We hypothesise that active involvement in CSR initiatives tends to improve accounting conservatism and that this relationship is moderated by external governance mechanisms.Design/methodology/approach – This study uses multi-year panel data of listed companies and applies a two-stage least squares (2SLS) regression model. To ensure robustness, several CSR proxies are examined. These include environmental, social and governance (ESG) dimensions. To address endogeneity concerns, the study controls for both firm characteristics, industry-specific effects and aggregator macro conditions.Findings – The results show that CSR affects accounting conservatism positively, especially when in firms with effective investor protection and high stock liquidity. Companies with higher CSR engagement show less earnings management, a sign of increased accounting quality and governance. These results are stable across robustness checks as to alternative conservatism proxies and CSR components.Originality/value – While previous studies considered CSR and conservatism separately, this study takes investor protection and stock liquidity as moderator variables, thus showing a comprehensive view of the governance role of CSR. Moreover, it uses various CSR proxies and alternative conservatism measures, providing a much more detailed and reliable analysis.Research Implications – The research emphasises that CSR goes beyond social objectives. As a strategic tool, it is a means for companies to increase financial transparency and investor confidence. Policy makers should explore ways to further strengthen investor protection regimes to reap the governance benefits of CSR. And investors and regulators can use CSR disclosures to assess companies' financial prudence and risk management practices, thereby promoting more stable and trusted financial markets. ]]>
