cover
Article Per Year (5 Year)
All
Home Page
OAI Link
Editorial Team
Contact
Reviewer
Google Scholar
Contact Name
Tri Lestari
Contact Email
cakrawartiempatproksi@gmail.com
Phone
+6281286506268
Journal Mail Official
cakrawartiempatproksi@gmail.com
Editorial Address
Jl. Puri Beta Raya Utara Blok C1 No. 59. Larangan, Tangerang
Location
Kota tangerang,
Banten
INDONESIA
JURNAL MANAJEMEN DAN AKUNTANSI CAKRAWARTI
Published by PT Cakrawarti Empat Proksi
ISSN : -     EISSN : 31248977     DOI : https://doi.org/10.67183/jmac
Core Subject :
Jurnal Manajemen dan Akuntansi Cakrawarti (JMAC) is a peer-reviewed academic journal dedicated to providing a platform for researchers, academics, practitioners, and policymakers to disseminate original research, theoretical insights, and critical perspectives that contribute to the advancement of knowledge and professional practice in the fields of management and accounting. The journal covers a wide range of topics within management and accounting disciplines, including: Human Resource Management, Financial Management, and Marketing Management. Strategic Management, Operations Management, Entrepreneurship, and Management Information Systems. Financial Accounting, Management Accounting, Auditing, and Taxation. Accounting Information Systems, Corporate Governance, and Sustainability Reporting. Islamic Management and Islamic Accounting. JMAC particularly encourages studies related to corporate governance, sustainability reporting, responsible business practices, and organizational accountability from both conventional and Islamic perspectives.
Arjuna Subject : -
Articles 46 Documents
 1   2   3   4   5 
Analisis Cost-Volume-Profit (CVP) sebagai Dasar Pengambilan Keputusan pada UMKM toko baju z.nl di Platform Shopee: Cost-Volume-Profit (CVP) Analysis as a Decision Basis for MSMEs in z.nl clothing stores on the Shopee Platform Zinedin Ridwan Rojak; Muhammad Khoiro Nazed; Achmad Nauval Pratama; Anggi Cahya Maulana; Farhan Abdillah Fauzi Suhara
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.31

Abstract

The development of digitalization encourages fashion MSMEs to utilize e-commerce platforms such as Shopee as a medium for marketing and selling products. However, high administrative costs, promotional expenses, and intense price competition create challenges for businesses in achieving optimal profits. This study aims to analyze the implementation of Cost-Volume-Profit (CVP) analysis as a basis for decision-making in the z.nl clothing MSME on the Shopee platform. The research method used is a quantitative descriptive method with a case study approach. Data were collected through observation, interviews, and documentation related to fixed costs, variable costs, sales volume, and business profits. CVP analysis was conducted by calculating contribution margin, break even point (BEP), margin of safety (MOS), and target profit(Negeri et al., 2023). The results indicate that the implementation of CVP analysis assists MSMEs in determining the minimum sales level, estimating expected profits, and supporting decision-making related to selling prices, cost efficiency, and sales strategies. Therefore, CVP analysis can be used as an effective profit planning tool to improve the sustainability and competitiveness of fashion MSMEs in the digital era.
Analisis Rasio Keuangan dan Perkembangan Laba Bersih PT Indoritel Makmur TBK Periode 2016-2025: Analysis of Financial Ratios and Net Profit Development of PT Indoritel Makmur Tbk Period 2016-2025 Kiki Sidabutar; Epi Enjelina; Neisha Fitria; Naila Lubbi; Nova Alisia
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.32

Abstract

This study seeks to analyze the financial performance of PT Indoritel Makmur Internasional Tbk using financial ratio analysis and net profit growth for the years 2016 to 2025. A descriptive quantitative technique was utilized in the research, which used secondary data from the company's annual financial statements. The Current Ratio (CR), Net Profit Margin (NPM), Return on Assets (ROA), Return on Equity (ROE), and annual net profit growth were all used in the analysis. Throughout the years 2016 to 2021, the firm had comparatively constant financial performance, according to the statistics. Due to the dominance of dividend income, profitability rose significantly in 2022, as indicated by an NPM that was over 100%. In 2023, there was a period of declining performance, with net profit declining by 44.09% and ROA and ROE declining as well. With positive net profit growth, the firm's performance once again increased in 2024 and 2025. In general, the organization showed a great ability to maintain profitability and liquidity despite changing business conditions. The research findings are expected to serve as a basis for evaluation for both company management and investors in assessing the financial performance of investment companies.
Pengaruh Disiplin Kerja dan Lingkungan Kerja terhadap Kinerja Karyawan Housekeeping pada PT Claro Kreasi Abadi : The Influence of Work Discipline and Work Environment on the Performance of Housekeeping Employees at PT Claro Kreasi Abadi Az Zahrah Putri Husaini; Lela Elvira; Maria Lapriska Dian Ela Revita
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.33

Abstract

PT Claro Kreasi Abadi is a facility services provider, offering services such as housekeeping and general cleaning. This study aims to determine the influence of work discipline and the work environment—both individually and simultaneously—on employee performance at PT Claro Kreasi Abadi. This quantitative study employed multiple linear regression analysis, with data processed using SPSS version 26. A non-probability sampling technique was used, specifically a saturated sampling method involving 65 respondents. Data sources included primary data obtained through observation and questionnaires, as well as secondary data gathered via literature reviews of books and journals. The study results demonstrate that: (1) work discipline has a positive and significant partial effect on employee performance, as evidenced by a t-statistic of 5.157 (> 1.670) and a significance value (Sig.) of 0.000 (< 0.05); (2) the work environment has a positive and significant partial effect on employee performance, indicated by a t-statistic of 3.528 (> 1.670) and a significance value (Sig.) of 0.001 (< 0.05); and (3) work discipline and the work environment have a positive and significant simultaneous effect on employee performance, shown by an f-statistic of 52.140 (> 3.145) and a significance value (Sig.) of 0.000 (< 0.05).
Pengaruh Harga Pokok Penjualan dan Biaya Operasional terhadap Laba Bersih Pada PT Indocement Tunggal Prakarsa Tbk: The Effect of Cost of Goods Sold and Operating Costs on Net Profit at PT Indocement Tunggal Prakarsa Tbk Ardianti Sulistia; Aulia Syafittri; Qurratu&#039;ain Salsabila; Maria Alfiani Pare; Mutiara Tahyanda Putri
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.35

Abstract

The increasingly intense competition in the cement industry requires companies to manage expenditures effectively and efficiently in order to maintain profitability. Cost of Goods Sold and Operating Expenses are two major cost components that affect a company’s net profit; therefore, their management requires careful attention. The purpose of this study is to analyze the effect of Cost of Goods Sold and Operating Expenses on Net Profit at PT Indocement Tunggal Prakarsa Tbk. The method used in this research is quantitative with a causal associative approach. The data analyzed were obtained from the quarterly financial statements of PT Indocement Tunggal Prakarsa Tbk for the period 2016–2025, sourced from the company’s financial documents. The analytical technique used was multiple linear regression supported by the IBM SPSS Statistics application. The results of the study indicate that Cost of Goods Sold has a significant effect on Net Profit with a significance value of 0.018. Meanwhile, Operating Expenses have a significance value of 0.687 > 0.05, which means that they do not have a significant effect on the company’s Net Profit. Both independent variables simultaneously contribute to Net Profit. Simultaneously, the model obtained an F-value of 14.071 with a significance value of 0.000; therefore, H₀ is rejected and Hₐ is accepted, indicating that both variables have a significant effect. The R Square value of 0.432 indicates that the Cost of Goods Sold and Operating Expenses variables are able to explain 43.2% of the variation in Net Profit, while the remaining 56.8% is explained by other variables outside the research model. The conclusion of this study emphasizes that effective cost control is crucial in increasing the company’s net profit. Therefore, companies need to implement optimal cost control to improve financial performance and competitiveness.                                                                                                                                                                                          
Analisis Perhitungan HPP dengan Metode Full Costing sebagai Dasar Penerapan Harga Jual Pada UMKM Pecel Lele 78 Pluit Jakarta Utara : Analysis of HPP Calculation with Full Costing Method as the Basis for the Implementation of Selling Prices in MSMEs Pecel Lele 78 Pluit North Jakarta Citra Puspita; Puji Lestari; Safira Aulya; Jihan irani; Nazwa Maulida
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.36

Abstract

This study was motivated by the fact that many MSME operators, particularly in the culinary sector, set their selling prices without conducting a comprehensive calculation of production costs. This can lead to inaccuracies in pricing and affect business profits. The objective of this study is to analyze the calculation of the cost of goods sold using the Full Costing method and its implications for pricing at the Pecel Lele 78 MSME in Pluit, North Jakarta. This study employs a descriptive qualitative method using both primary and secondary data sources. Data were collected through interviews, observations, and documentation, then analyzed by comparing the cost of goods sold calculations performed by business owners with those calculated using the Full Costing method. The results of the study indicate a difference of Rp 2,000 between the selling price calculated using the Full Costing method and the selling price determined by UMKM Pecel Lele 78. Furthermore, the selling price calculated using the Full Costing method is higher than the price currently applied by the business. These findings suggest that the Full Costing method can serve as a reliable basis for determining selling prices, as it enables businesses to maximize profits while maintaining product competitiveness in the market.
Pengaruh Return on Asset dan Current Ratio terhadap Return on Equity PT Astra International Tbk Periode 2018-2025: The Effect of Return on Asset and Current Ratio on Return on Equity of PT Astra International Tbk for the 2018-2025 Period Iissya Handayani; Mareta Eka Sheillani; Nabila Aulia Safitri; Nabilla Fitriani; Hana Hartasya
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.37

Abstract

Post pandemic economic dynamics make ROA and CR management crucial in maintaining the stability of the company's ROE. This study aims to analyze and test the influence of Return on Asset (ROA) and Current Ratio (CR) on Return on Equity (ROE) in PT Astra International Tbk for the 2018-2025 period. Using a causal quantitative approach, secondary data is obtained from the official quarterly financial statements from the Indonesia Stock Exchange Website and the company's website. The sampling technique using purposive sampling produced 32 quarterly data. Data analysis used classical assumption tests and multiple linear regression using SPSS software. The results of the partial test showed that ROA had a significant positive effect, while CR had a significant negative effect on ROE. Simultaneously, the two variables had a very strong significant effect in explaining the variation in ROE of 99.2%. Improving asset efficiency and optimal liquidity management are important factors to increase equity returns, as well as being the basis for management in developing profitability strategies. The implication of this study emphasizes that the management of PT Astra International Tbk needs to prioritize asset efficiency to boost profits, as well as control current assets so that there is no idle cash that reduces the effectiveness of capital return for shareholders.
Analisis Pengaruh Efisiensi BOPO dan Manajemen NPL terhadap Nilai Pasar Saham pada 10 Perbankan yang Terdaftar di Bursa Efek Indonesia (BEI): Analysis of the Effect of BOPO Efficiency and NPL Management on Stock Market Value in 10 Banks Listed on the Indonesia Stock Exchange (IDX) Oyon Wiharto; Ramadhan Imam Hartoyo; Dini Avlia; Miftahul Jannah
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.42

Abstract

In the economic sector, banks serve as financial intermediaries whose stability is heavily influenced by global economic fluctuations. The importance of maintaining fundamental performance often reveals a research gap between theories of bank soundness and the actual response of stock prices in the capital market. This study aims to re-examine the impact of operational efficiency—measured by the Operating Expenses to Operating Income (BOPO) ratio—and Non-Performing Loan (NPL) management on the stock prices of 10 banking companies listed on the Indonesia Stock Exchange (IDX) during the quarterly periods of 2025. A quantitative method utilizing secondary data was employed, with purposive sampling yielding 40 observations. Following a Cochrane-Orcutt transformation to address autocorrelation, the effective number of observations became 39. Data analysis was conducted using multiple linear regression with the aid of SPSS 23. Partial test results indicate that BOPO efficiency has a significant negative effect on stock prices, whereas NPL management does not have a significant partial effect on banking stock prices. However, the F-test reveals that BOPO and NPL collectively have a significant effect on stock market value at a significance level of 0.005. An R-squared value of 0.213 indicates that these two independent variables contribute 21.3% to the explanation of stock price variations, with the remainder attributed to other factors. These findings suggest that operational efficiency, as reflected in the BOPO ratio, is a primary factor for investors in determining the market value of banking stocks, outweighing the impact of non-performing loan (NPL) levels
Pengaruh Current Ratio dan Debt to Equity Ratio terhadap Return on Assets pada PT Blue Bird Tbk: he Effect of Current Ratio and Debt to Equity Ratio on Return on Assets at PT Blue Bird Tbk Nurlaila Nurlaila; Kresensia Lipa Sudi; Genoveva Salu; Gracasanda Daniella; Syahrillah Anwari
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.43

Abstract

Return on Assets is one of the indicators used to assess a company’s ability to manage its resources and achieve its business objectives. This study aims to determine the effect of the Current Ratio and the Debt-to-Equity Ratio on Return on Assets at PT Blue Bird Tbk, both partially and simultaneously. This study employs a quantitative approach using secondary data obtained from PT Blue Bird Tbk’s financial statements for the period 2018–2025. The data analysis techniques used include classical assumption tests, multiple linear regression analysis, t-tests, F-tests, and the coefficient of determination (R²) using SPSS 27. The results show that the Current Ratio has a significant effect on Return on Assets with a significance value of 0.002, while the Debt-to-Equity Ratio also has a significant effect with a significance value of < 0.001. Simultaneously, the Current Ratio and Debt-to-Equity Ratio have a significant effect on Return on Assets with a significance value of < 0.001. The Adjusted R-Square value of 0.395 indicates that these two variables explain 39.5% of the variation, while the remaining 60.5% is influenced by other factors outside the scope of this study. The findings of this study indicate that liquidity management and a balanced capital structure are important factors in improving the efficiency of a company’s asset utilization. Therefore, management needs to optimize current assets and maintain debt at a healthy level to ensure the company’s profitability.
Perhitungan Harga Pokok Produksi dengan Metode Full Costing: Penetapan Harga Jual Produk UKM Ayam Bakar Dapoer Syifa: Calculation of Cost of Production with Full Costing Method: Determining the Selling Price of Dapoer Syifa Grilled Chicken SME Products Hendri Saputra; Amanda Vinata; Fajar Dwi Cahyo; Adzra Ramadhina; Syifa Fauziah
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.45

Abstract

This study aims to analyze the calculation of the cost of goods manufactured (COGM) using the Full Costing method and its impact on the selling price at the Syifa grilled chicken SME. The business faces an issue where its production cost calculation fails to incorporate all cost components, potentially leading to an inaccurate selling price. The study employs a descriptive quantitative method with a case study approach. Data were gathered through interviews with the business owner, observation of the production process, and documentation of production costs. The results indicate that the COGM calculated using the company's existing method was Rp 2,275,500 for 100 portions, resulting in a selling price of Rp 22,755 per portion. In contrast, the calculation using the Full Costing method yielded a COGM of Rp 3,560,250 and a selling price of Rp 35,600 per portion. This discrepancy arose because the company's method did not include machinery and equipment depreciation costs in the production costs. Implementing the Full Costing method provides more accurate cost information, thereby assisting the business owner in setting a more appropriate selling price and enhancing the effectiveness of profit management.
Analisis Potensi Penerapan Target Costing sebagai Strategi Pengendalian Biaya Produksi pada PT Cisarua Mountain Dairy Tbk: Analysis of the Potential Implementation of Target Costing as a Production Cost Control Strategy at PT Cisarua Mountain Dairy Tbk Louisa Pernanda; Vina fatkhiyatu zahroh; Riska Amelia; Nabila Annasthasya; Indri Rahmawati
Jurnal Manajemen dan Akuntansi Cakrawarti Vol. 1 No. 2 (2026): Juli 2026 - September 2026
Publisher : PT Cakrawarti Empat Proksi

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.67183/jmac.v1i2.46

Abstract

This study aims to analyze the potential application of the Target Costing method as a production cost control strategy at PT Cisarua Mountain Dairy Tbk based on the company's 2025 financial statements. The research employed a descriptive quantitative approach using secondary data obtained from the company's annual report. The analysis was conducted by comparing the Traditional Costing and Target Costing approaches to evaluate production cost efficiency and identify opportunities for improving profitability. The results indicate that the company recorded net sales of IDR 10.724 trillion, cost of goods sold of IDR 5.871 trillion, gross profit of IDR 4.853 trillion, and net income of IDR 2.033 trillion. The cost of goods sold accounted for 54.75% of net sales, while the gross profit margin reached 45.25%, indicating a high level of production cost efficiency. The Target Costing simulation produced a maximum allowable cost of IDR 8.691 trillion, which was higher than the actual production cost, resulting in a potential cost efficiency of IDR 2.820 trillion. These findings demonstrate that the company has effectively controlled its production costs. Furthermore, a more systematic implementation of Target Costing has the potential to enhance operational efficiency, strengthen competitiveness, and support sustainable profitability.

Page 3 of 5 | Total Record : 46

 1   2   3   4   5 

Filter by Year

2026 2026


Reset
Filter By Issues
All Issue Vol. 1 No. 2 (2026): Juli 2026 - September 2026 Vol. 1 No. 1 (2026): April 2026 - Juni 2026