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Year 2020, Volume 7, Issue 1, 1 - 8, 30.03.2020
https://doi.org/10.17261/Pressacademia.2020.1176

Abstract

References

  • Arens, A., Elder, R., & Beasley, M. (2014). Auditing and Assurance Service: An Integrated Approach. 15th ed. Upper Saddle River, NJ: Pearson Education, Inc.
  • Bakri, (2016). Effect of the use of information technology and organization cultural of the quality accounting information system, Internatioal Journal Scientific Tecnology Research, 5 (4), 120–125.
  • Bastian, I. (2010). Akuntansi Sektor Publik. Yogyakarta: Erlangga.
  • Boynton, W., Jhonson, R., & Kell, W. (2006). Modern Auditing. 8th ed. USA: Richard D. Irwin Inc.
  • Brookson, S. (2009). Understanding Accounts. London: Dorling Kindersley.
  • Cohen, S., & Kaimenakis, N. (2011). Assessing quality of financial reporting through audit reports: The case of Greek municipalities. Global Business and Economics Review, 13(3-4), 187-203.
  • COSO. (2013). Internal Control Integrated Framework: Executive Summary. Durham, North Carolina: Corruption Perceptions Index; 2015. Available from: http://www.ransparency.rg.
  • Desimone, S. (2017). Internal Audit and Financial Reporting Quality in the Public Sector, Work. Pap. Coll. Holy Cross.
  • Government Regulation Number 24 of 2005. (2005). Government Acccounting Standard. Jakarta, Indonesia.
  • Government Regulation Number 71 of 2010. (2010). Government Acccounting Standard. Jakarta, Indonesia.
  • Government Regulation Number 56 of 2005. (2005). Information system of Local government. Jakarta, Indonesia.
  • Government Regulation Number 60 of 2008. (2008). Government Internal Control system. Jakarta, Indonesia.
  • Inapty, M.F, & Martiningsih, RR. (2016). Pengaruh penerapan standar akuntansi pemerintah, kompetensi aparatur dan peran audit internal terhadap kualitas informasi laporan keuangan’. Akuntabilitas: Jurnal Ilmu Akuntansi. 9(1), 27-42.
  • International Public Sector Accounting Standards (IPSAS). (2010). Conceptual framework for general purpose financial reporting by public sector entities. The International Federation of Accountants (IFAC). Available from: http://www.fac.rg.
  • Jonas, G., & Blanchet, J. (2000). Assessing quality of finacial reporting. Accounting Horizons, 14(3), 353-363.
  • Konrath, L. (2002). Auditing Concepts and Applications: A Risk-Analysis Approach. 5th ed. United States of America: West Publishing Company.
  • Kewo, C. L., & Afiah, N. N. (2017). International journal of economics and financial issues does quality of financial statement affected by internal control system and internal audit? International Journal Economic Finance Issues, 7 (2), 568–573.
  • Lim, F. P. C. (2013). Impact of information technology on accounting systems. Asia-pacific Journal Multimed. Serv. Converg. with Art, Humanit. Sociol, 3 (2), 93–106.
  • Liyan, L. (2013). The Impact of Information Technology on Accounting Theory, Accounting Profession, and Chinese Accounting Education Profession, and Chinese Accounting Education. Wuhan International Conference E-business (WHICEB) Proceedings. 103
  • Madison. (2010). Defining Financial Statements. Madison: R. Chad & Co.
  • Mahaputra, I.U., & Putra, I.W. (2014). Analisis faktor-faktor yang mempengaruhi kualitas informasi pelaporan keuangan pemerintah daerah’. E-Jurnal Akuntansi Unoversitas Udayana. 8 (2), 230-244.
  • Mardiasmo. (2009). Akuntansi Sektor Publik. Jakarta: Penerbit Andi.
  • Medina-Quintero, J. M., Mora, A. & Abrego, D. (2015). Enterprise technology in support for accounting information systems: An innovation and productivity approach. Journal Information System Technology Management, 12 (1), 29–44.
  • O’Brien, J., & Marakas, G. (2010). Introduction to Information Systems. 15th ed. New York: McGrew-Hill Irwin.
  • Sačer, M. I., & Oluić, A. (2013). Information technology and accounting information systems’ quality in Croatian Middle and large companies, Journal of Information and Organizational Sciences. 37 (2), 117– 126.
  • Sari. (2012). Pengaruh sistem pengendalian intern pemerintah, implementasi standar akuntansi pemerintahan, penyelesaian temuan audit terhadap kualitas laporan keuangan pemerintah daerah dan implikasinya terhadap penerapan prinsip-prinsip tata kelola pemerintahan yang baik. Indonesian Journal of Economics and Business. 116-124.
  • Sawyer, L. (2003). Sawyer’s Internal Auditing: The Practice of Modern Internal Auditing. Altamonte Springs, FL: The Institute of Internal Auditors.
  • Sekaran, U. & Bougie, R. (2013). Research methods for business; A skill building approach 6th ed. UK: John Wiley & Sons.
  • Sousa, R.G., Vasconcelos, A.F, Caneca, R. L., & Niyama, J.K. (2012). Accrual basis accounting in the Brazilian public secror: empirical research on the usefulness of accounting information’. Journal USP Congress of Controllership and Accounting. 24 (63), 219-230.
  • Supreme Audit Board, (2017). Ikhtisar Hasil Pemeriksaan Semester II Tahun 2017. Jakarta.
  • Van Beest, F., Braam, B., & Boelens, S. (2009). Quality of Fiancial Reporting: Measuring Qualitative Characteristics. NICE Working Paper 09-108, April.
  • Warren, S. Carl., Reeve, M. J., & Fess, E. P. (2005). Corporate Financial Accounting. South Western: Thomson.
  • Wood, F., & Horner, D. (2010). Business Accounting Basics.United Kingdom: Pearson Education Limited.
  • Zadeh, M. H. K., Karkon, A., & Golnari, H. (2015). The effect of information technology on the quality of accounting information system and its impact on the quality of accounting information. Research Journal Finance and Accounting, 3 (3), 061–076.

ASSESSING THE IMPACT OF INFLUENCING FACTORS ON THE QUALITY OF LOCAL GOVERNMENT FINANCIAL STATEMENTS

Year 2020, Volume 7, Issue 1, 1 - 8, 30.03.2020
https://doi.org/10.17261/Pressacademia.2020.1176

Abstract

Purpose- This study to investigate the relationship between internal control systems, information technology, Implementation of Government Accounting Standards and the quality of financial statements in Indonesia local government. Methoodology- Data collection in this study based on a structured questionnaire sent to regional work unit of 75 local government unit tools of the 8 districts and city Banten Province of Indonesia. The insturment for contract and content reliability and validity was tested. Then, the hypothesis were tested using multiple linear regression. Findings- The results indicated that intenal control system, information technology has a significant effect on the quality of financial statement in Indonesia local governments, whereas implementation of government accouting standards has not significant relationship with the quality of financial statement in Indonesia local governemnt. Though the study had contributed in extending the quality of financial statements of local government in Indonesia. Due to the local government that prepared financial statement do not same treatment in every similar event from one period to another. This is also generally due to the limited ability of human resources owned by local governments. Conclusion- This study concluded that intenal control system, information technology are positve significantly on the quality of financial statements in local government. Whereas, the implementation of government accounting standards insignificant relationship with the quality of financial statements in Indonesia local government. Therefore, further studies could be conducted to include other variables such as internal audit, competency etc and other local government in Indonesia.

References

  • Arens, A., Elder, R., & Beasley, M. (2014). Auditing and Assurance Service: An Integrated Approach. 15th ed. Upper Saddle River, NJ: Pearson Education, Inc.
  • Bakri, (2016). Effect of the use of information technology and organization cultural of the quality accounting information system, Internatioal Journal Scientific Tecnology Research, 5 (4), 120–125.
  • Bastian, I. (2010). Akuntansi Sektor Publik. Yogyakarta: Erlangga.
  • Boynton, W., Jhonson, R., & Kell, W. (2006). Modern Auditing. 8th ed. USA: Richard D. Irwin Inc.
  • Brookson, S. (2009). Understanding Accounts. London: Dorling Kindersley.
  • Cohen, S., & Kaimenakis, N. (2011). Assessing quality of financial reporting through audit reports: The case of Greek municipalities. Global Business and Economics Review, 13(3-4), 187-203.
  • COSO. (2013). Internal Control Integrated Framework: Executive Summary. Durham, North Carolina: Corruption Perceptions Index; 2015. Available from: http://www.ransparency.rg.
  • Desimone, S. (2017). Internal Audit and Financial Reporting Quality in the Public Sector, Work. Pap. Coll. Holy Cross.
  • Government Regulation Number 24 of 2005. (2005). Government Acccounting Standard. Jakarta, Indonesia.
  • Government Regulation Number 71 of 2010. (2010). Government Acccounting Standard. Jakarta, Indonesia.
  • Government Regulation Number 56 of 2005. (2005). Information system of Local government. Jakarta, Indonesia.
  • Government Regulation Number 60 of 2008. (2008). Government Internal Control system. Jakarta, Indonesia.
  • Inapty, M.F, & Martiningsih, RR. (2016). Pengaruh penerapan standar akuntansi pemerintah, kompetensi aparatur dan peran audit internal terhadap kualitas informasi laporan keuangan’. Akuntabilitas: Jurnal Ilmu Akuntansi. 9(1), 27-42.
  • International Public Sector Accounting Standards (IPSAS). (2010). Conceptual framework for general purpose financial reporting by public sector entities. The International Federation of Accountants (IFAC). Available from: http://www.fac.rg.
  • Jonas, G., & Blanchet, J. (2000). Assessing quality of finacial reporting. Accounting Horizons, 14(3), 353-363.
  • Konrath, L. (2002). Auditing Concepts and Applications: A Risk-Analysis Approach. 5th ed. United States of America: West Publishing Company.
  • Kewo, C. L., & Afiah, N. N. (2017). International journal of economics and financial issues does quality of financial statement affected by internal control system and internal audit? International Journal Economic Finance Issues, 7 (2), 568–573.
  • Lim, F. P. C. (2013). Impact of information technology on accounting systems. Asia-pacific Journal Multimed. Serv. Converg. with Art, Humanit. Sociol, 3 (2), 93–106.
  • Liyan, L. (2013). The Impact of Information Technology on Accounting Theory, Accounting Profession, and Chinese Accounting Education Profession, and Chinese Accounting Education. Wuhan International Conference E-business (WHICEB) Proceedings. 103
  • Madison. (2010). Defining Financial Statements. Madison: R. Chad & Co.
  • Mahaputra, I.U., & Putra, I.W. (2014). Analisis faktor-faktor yang mempengaruhi kualitas informasi pelaporan keuangan pemerintah daerah’. E-Jurnal Akuntansi Unoversitas Udayana. 8 (2), 230-244.
  • Mardiasmo. (2009). Akuntansi Sektor Publik. Jakarta: Penerbit Andi.
  • Medina-Quintero, J. M., Mora, A. & Abrego, D. (2015). Enterprise technology in support for accounting information systems: An innovation and productivity approach. Journal Information System Technology Management, 12 (1), 29–44.
  • O’Brien, J., & Marakas, G. (2010). Introduction to Information Systems. 15th ed. New York: McGrew-Hill Irwin.
  • Sačer, M. I., & Oluić, A. (2013). Information technology and accounting information systems’ quality in Croatian Middle and large companies, Journal of Information and Organizational Sciences. 37 (2), 117– 126.
  • Sari. (2012). Pengaruh sistem pengendalian intern pemerintah, implementasi standar akuntansi pemerintahan, penyelesaian temuan audit terhadap kualitas laporan keuangan pemerintah daerah dan implikasinya terhadap penerapan prinsip-prinsip tata kelola pemerintahan yang baik. Indonesian Journal of Economics and Business. 116-124.
  • Sawyer, L. (2003). Sawyer’s Internal Auditing: The Practice of Modern Internal Auditing. Altamonte Springs, FL: The Institute of Internal Auditors.
  • Sekaran, U. & Bougie, R. (2013). Research methods for business; A skill building approach 6th ed. UK: John Wiley & Sons.
  • Sousa, R.G., Vasconcelos, A.F, Caneca, R. L., & Niyama, J.K. (2012). Accrual basis accounting in the Brazilian public secror: empirical research on the usefulness of accounting information’. Journal USP Congress of Controllership and Accounting. 24 (63), 219-230.
  • Supreme Audit Board, (2017). Ikhtisar Hasil Pemeriksaan Semester II Tahun 2017. Jakarta.
  • Van Beest, F., Braam, B., & Boelens, S. (2009). Quality of Fiancial Reporting: Measuring Qualitative Characteristics. NICE Working Paper 09-108, April.
  • Warren, S. Carl., Reeve, M. J., & Fess, E. P. (2005). Corporate Financial Accounting. South Western: Thomson.
  • Wood, F., & Horner, D. (2010). Business Accounting Basics.United Kingdom: Pearson Education Limited.
  • Zadeh, M. H. K., Karkon, A., & Golnari, H. (2015). The effect of information technology on the quality of accounting information system and its impact on the quality of accounting information. Research Journal Finance and Accounting, 3 (3), 061–076.

Details

Primary Language English
Subjects Management, Business Finance
Journal Section Articles
Authors

Khoirul ASWAR This is me (Primary Author)
Universitas Pembangunan Nasional Veteran
0000-0003-2508-1161
Indonesia

Publication Date March 30, 2020
Published in Issue Year 2020, Volume 7, Issue 1

Cite

APA Aswar, K. (2020). ASSESSING THE IMPACT OF INFLUENCING FACTORS ON THE QUALITY OF LOCAL GOVERNMENT FINANCIAL STATEMENTS . Journal of Economics Finance and Accounting , 7 (1) , 1-8 . DOI: 10.17261/Pressacademia.2020.1176

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