ISSN : 2774-7603 (Online) DOI Prefix : 10.21274 by Crossref Editor in Chief : Dedi Suselo, S.E., M.M Publisher : Faculty of Islamic Economic and Business (FEBI) of Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung Frequency : 2 issues per year (Agustus dan Desember) Citation Analysis : | Google Scholar | Moraref | Crossref | GARUDA | One Search | Dimension | SINTA 4
Universitas Islam Negeri Sayyid Ali Rahmatullah Tulungagung
The author has full rights to the articles that has been sent to Balance: Jurnal Akuntansi Syari'ah. The author is responsible for the originality of the articles and all the references used in the journal script.
STAKEHOLDER ENGAGEMENT IN THE SUSTAINABILITY REPORT OF PT SEMEN INDONESIA TBK
This study aims to analyze the form and level of stakeholder engagement in the sustainability report of PT Semen Indonesia (Persero) Tbk. The analysis was conducted on the 2024 ESG report of PT Semen Indonesia and its three subsidiaries. The method used is descriptive qualitative through content analysis using GRI indicators 102-40 to GRI 102-44, as well as classification of engagement levels according to the Morsing & Schultz (2006) and Stocker et al. (2020) models. The results of the study show that the most dominant stakeholder engagement strategy is Level 1 (information strategy) through one-way communication using various media publications, while Level 3 participatory actions are still very limited. These findings confirm that stakeholder engagement is still informative in nature and has not yet reached the level of active collaborative dialogue. This study implies that improving two-way communication strategies is necessary to strengthen the company's legitimacy, accountability, and long-term sustainability
Copyright (c) 2025 BALANCE: JOURNAL OF ISLAMIC ACCOUNTING
BANKING COMPANY EFFICIENCY IN THE DIGITAL TRANSFORMATION ERA: A MAXDEA APPLICATION BASED INTERMEDIATION APPROACH
This study aims to measure the operational efficiency of the banking industry in Indonesia during the era of digital transformation using the Data Envelopment Analysis (DEA) method with an intermediation approach and uses MaxDEA Software version 8. The research sample consists of 27 banks listed on the Indonesia Stock Exchange during the 2021–2023 period. The input variables include operating costs, number of employees, and third-party funds, while the output variables consist of total loans and net income. The analysis results indicate an upward trend in average efficiency, from 0.67 in 2021 to 0.79 in 2023. However, efficiency levels across banks exhibit significant disparities. PT Allo Bank Indonesia Tbk (BBHI) is recorded as the only bank that achieved perfect efficiency for three consecutive years, while several other banks show substantial potential for improvement, particularly in terms of increasing loans and net income. The potential improvement analysis reveals that banks with low efficiency require major restructuring, whereas those with high efficiency only need minor adjustments. This study also highlights the crucial role of digital transformation in enhancing efficiency, particularly through the adoption of digital banking technologies, process automation, and the use of big data. These findings provide strategic implications for bank management and regulators in formulating sustainable efficiency improvement policies.
THE INFLUENCE OF GREEN BANKING, INTELLECTUAL CAPITAL AND OPERATIONAL EFFICIENCY ON THE PROFITABILITY OF ISLAMIC COMMERCIAL BANKS IN INDONESIA
This study aims to analyze the influence of Green Banking, Human Capital, Structural Capital, Capital Employed, and Operational Efficiency on the profitability of Commercial Sharia Banks in Indonesia for the period 2021–2024. The study used quantitative methods with secondary data sourced from financial statements and bank sustainability reports. The sample was selected through purposive sampling, resulting in 12 Commercial Sharia Banks analyzed using panel data regression with a Fixed Effect Model (FEM). The results show that Green Banking and Operational Efficiency (BOPO) affect profitability, while Human Capital, Structural Capital, and Capital Employed do not. These findings indicate that the implementation of sustainable banking practices and effective operational cost management are key factors in improving the financial performance of Islamic banks, while intellectual capital still needs to be optimized to make a significant contribution to increasing company value.
BUSINESS STRATEGY, INTELLECTUAL CAPITAL, BOARD INDEPENDENCE ON BANKRUPTCY RISK
This study provides empirical data on the factors influencing bankruptcy risk companies in Indonesia. Bankruptcy risk is a critical issue that threatens corporate sustainability, especially in highly competitive and uncertain business environments. Internal factors such as the effective utilization of intellectual capital, the implementation of appropriate business strategies, and the strength of corporate governance through board independence are believed to influence the likelihood of bankruptcy. Intellectual Capital, Business Strategy, Board Independence are used as independent variables. The dataset consists of non-financial companies listed on the Indonesia Stock Exchange, covering the period from 2023 to 2024. The sampling using purposive sampling. There are 484 data that included the criteria. Multiple regression analysis used to be technique analysis. The results indicate that business strategy and board independence has a significant negative effect, while intellectual capital shows insignificant impact on bankruptcy risk. The results underscore the significance of incorporating strategic resources and governance mechanisms to strengthen corporate sustainability and ensuring financial stability. This research adds to the body of literature on bankruptcy prediction by incorporating non-financial determinants and governance dimensions, and provides practical implications for managers and regulators seeking to enhance firm resilience through improved intellectual capital management, strategic alignment, and board independence.
Good Corporate Image, Good Taxpayer? An Investigation Of The Impact Of Corporate Reputation On Tax Compliance Behavior
This study aims to examine the effect of corporate reputation on taxpayer compliance, with company size as a moderating variable. Using the Moderated Regression Analysis (MRA) method, this study focuses on companies named as recipients of the Most Tax-Friendly Corporate Country Contributor Award in 2020. These companies were selected for their reputation for good tax compliance. This study covers the period from 2020 to 2024, with the aim of exploring how corporate reputation affects tax compliance, as well as how company size can strengthen this influence. The results show that corporate reputation has a positive and significant influence on taxpayer compliance. Furthermore, company size is proven to strengthen the relationship between reputation and tax compliance. These findings provide new insights for tax policy and company managers to pay more attention to company reputation and size in an effort to improve tax compliance.
A Literature Review : The Role of Corporate Boards in Enhancing Banks' Financial Performance
This study explores the role of corporate boards in enhancing banks' financial performance by examining various board characteristics such as size, gender diversity, institutional ownership, board independence, audit committee structure, and financial expertise quality. It is a qualitative study that employs a literature review method that involves identifying, selecting, and synthesizing relevant journal articles to understand the key characteristics and impacts of corporate boards. The data consist of journal articles related to corporate boards, sourced from both Indonesian and international reputable journals. These articles were selected based on their relevance to the research topic. The literature review reveals that effective boards significantly contribute to improving bank profitability, primarily through tighter oversight, optimal risk management, and well-informed strategic decision-making. Gender diversity on boards also proves to enhance transparency and corporate governance, while the duality of CEO and Board Chair roles may reduce oversight effectiveness. Besides internal factors, the findings emphasize the importance of managing external risks, such as political and economic instability, to sustain bank performance. This study offers important implications for bank management and regulators to strengthen corporate governance by establishing competent and diverse boards to drive sustainable and stable financial performance in the banking sector.
THE EFFECT OF GREEN ACCOUNTING IMPLEMENTATION ON PROFITABILITY IN NON-CYCLICAL CONSUMER COMPANIES ON THE IDX IN 2020-2023
The rise of environmental pollution due to waste disposal requires companies to be more responsible for the impact of their operations. The implementation of green accounting is a strategic solution, as it helps companies manage environmental costs transparently and encourages sustainable practices. On the other hand, high profitability is needed to support this initiative while attracting investors who are increasingly concerned about environmental aspects. This study uses a quantitative approach with secondary data in the form of annual reports and sustainability of consumer non-cyclicals sector companies listed on the Indonesia Stock Exchange (IDX) in the period 2020-2023. Data was obtained through the website www.idx.co.id and selected using purposive sampling method with a total sample of 120 companies. The results showed that green accounting has an effect on profitability. This indicates that companies that implement green accounting well, such as responsible waste management, energy efficiency, and transparent environmental reporting, are able to utilize their assets more effectively in generating profits. Therefore, it can be seen that the implementation of good green accounting not only plays a role in preserving the environment, but also contributes to profitability.
A CARBON TAX IN INDONESIA : CONCEPT, OBJECTIVES AND CHALLENGES
Indonesia is among the world's ten largest emitters, as carbon emissions from fossil fuels are the primary cause of climate change. Law No. 7 of 2021 concerning Harmonization of Tax Regulations establishes a carbon tax as a policy instrument to internalize external emission costs and encourage a shift to renewable energy. It also helps meet Paris Agreement commitments. This study investigates the concept, objectives, and challenges associated with implementing a carbon tax as part of the national plan to achieve net-zero emissions (NZE) by 2060. This study uses qualitative descriptive analysis by analyzing secondary data from laws and regulations, government ministry websites, and national and international research journals. The study shows that Indonesia uses a combined cap-and-tax approach, which combines a carbon tax and a carbon market mechanism. Although the carbon tax has clear environmental and fiscal objectives, its implementation faces institutional, technical, political, and economic challenges, including policy coordination, stakeholder readiness, and potential impacts on businesses and low-income households. To ensure that emission reductions are effective without disrupting economic stability, this study found that carbon tax policies require a comprehensive, fair and aligned design with the national economic structure.
The The Effect of Earnings Per Share (EPS), Price to Book Value (PBV), and Debt to Equity Ratio (DER) on Stock Prices in Primary Consumer Sector Companies Listed on the Indonesia Stock Exchange in 2021–2023
Penelitian ini bertujuan untuk menganalisis pengaruh Earnings Per Share (EPS), Price to Book Value (PBV), dan Debt to Equity Ratio (DER) terhadap harga saham perusahaan konsumen non-siklis yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2021–2023. Penelitian ini dimotivasi oleh pentingnya konsumen sektor non-siklis yang strategis dalam perekonomian Indonesia dan meningkatnya minat investor terhadap indikator keuangan untuk menilai kelayakan investasi. Pendekatan kuantitatif digunakan dengan menggunakan metode asosiatif dan regresi data panel yang dilakukan dengan perangkat lunak Eviews 12. Sampel terdiri dari 20 perusahaan yang dipilih secara purposive sampling berdasarkan ketersediaan dan kelengkapan laporan keuangan. Temuan penelitian menunjukkan bahwa secara parsial, hanya PBV yang berpengaruh signifikan terhadap harga saham, sedangkan EPS dan DER tidak menunjukkan pengaruh yang signifikan. Namun secara simultan, variabel ketiga tersebut berpengaruh signifikan terhadap harga saham, dengan nilai R-square yang disesuaikan sebesar 96,74%. Hasil ini menunjukkan bahwa investor cenderung lebih mengutamakan valuasi pasar dibandingkan nilai buku (PBV) dibandingkan indikator keuangan lainnya. Penelitian ini memberikan wawasan berharga bagi investor, manajer keuangan, dan pembuat kebijakan dalam menyebarkan faktor-faktor yang mempengaruhi pergerakan harga saham di sektor ekonomi utama ini.
A TREATMENT OF NATURA AND/OR ENJOYMENT AFTER THE IMPLEMENTATION OF THE HPP LAW BASED ON PMK NO. 66 OF 2023
This research is motivated by the adjustment of the Law by the government and the Ministry of Finance in an effort to increase state revenue. This was realized by the issuance of the Harmonization of Tax Regulations Law (HPP Law). Based on several provisions contained in the Harmonization of Tax Regulations, there is one interesting point, namely the allowance of costs for natura and/or enjoyment that have been issued by the employer as a deduction from gross income according to the fiscal. This research uses a qualitative approach with descriptive research type. The data sources used in this research are primary and secondary data with data collection techniques through observation, documentation, and interviews with KPP Pratama Jombang staff and taxpayers. The results showed that 1) The treatment of natura and/or enjoyment after the implementation of the HPP Law applies the principle of deductible expense for the employer and the principle of taxable income for the recipient. 2) The treatment of natura and/or enjoyment after the existence of PMK NO. 66 of 2023 is deducted by the employer in accordance with the restrictions that have been mentioned. 3) The existence of PMK No. 66 of 2023 has a positive impact on companies because it provides efficiency in terms of tax payments because it can reduce the company’s gross income so that the company’s underpaid tax is low. Meanwhile, the positive impact that can be felt by KPP Pratama Jombang is the increased revenue and has reached the target sourced from Income Tax 21
JAVANESE CULTURAL VALUES THE DESIGN AND IMPLEMENTATION OF ACCOUNTING INFORMATION SYSTEMS IN MSMEs
The Javanese community, which is the majority in Kediri, has unique and profound cultural values that have shaped their way of life, social interactions, and even business practices for generations. Values such as cooperation, empathy, harmony, and deliberation often serve as the foundation for interaction and business management. Based on the explanation above, the urgent research gap is the lack of in-depth understanding of how Javanese cultural values can be specifically and explicitly harmonized in the design and implementation process of accounting information systems in SMEs. This research aims to deeply explore how Javanese cultural values, firmly held MSMEs “Sambal Pecel Bu Siti Kediri”, influence and can be harmonized in the design and implementation of AIS. Javanese cultural values are an important foundation in the life of Javanese society, shaping worldviews, ethics, and daily behavior. This research is a qualitative study based on the philosophy of post-positivism, used to examine objects in their natural conditions. shows that the design and implementation of the AIS in the MSMEs "Sambal Pecel Bu Siti" can be driven by two factors, namely Javanese cultural values and experience. The findings can be explained using the yccy theory, which states that each organization has different ways of operating. The majority of MSMEs actors understand and practice Javanese cultural values such as guyub (cooperation), nrima ing pandum (accepting with sincerity), tepa slira (empathy), and andap ashor (humility). Thus, integrating Javanese cultural values into the design and implementation of the AIS at MSMEs “Sambal Pecel Bu Siti” not only makes operations more efficient but also enhances a sense of ownership and business ethics based on culture. The system that has been built not only serves as a financial control tool but also to preserve noble values in the context of modern business.
THE EFFECT OF THE RUPIAH EXCHANGE RATE AND INFLATION ON STOCK PRICES
This study aims to examine how the rupiah exchange rate affects the company's stock price. In the research we conducted, the data analysis method we used was multiple linear regression analysis. The research was conducted in the period 2021-2023, with the research population being all Property & Real Estate sector companies listed on the Indonesia Stock Exchange (IDX). The sample acquisition technique in this study was random sampling, so there were 10 companies in the Property & Real Estate sector that we made as samples in this study. The results showed that the rupiah exchange rate has an influence on stock prices, while inflation has no effect on stock prices. Simultaneously the rupiah exchange rate and inflation have an influence on stock prices.
GREEN ACCOUNTING STUDY IN RETAIL COMPANIES: A REVIEW OF ENVIRONMENTAL ETHICS IN SYMBOLIC DISCLOSURE
Environmental problems are currently a problem that is often studied in various parts of the world, including in Indonesia, the environment begins to be noticed when humans have felt the impact of environmental damage. Especially if it is associated with industrial waste considering the impact of industrial waste caused by poor environmental management. The issue of environmental damage, its causes and impacts on human life in the present as well as future impacts cause the entire community to realize the importance of preserving the environment. Many countries around the world have mandated companies to establish green accounting and to disclose environmental information for the reference of interested parties. However, because the disclosure of environmental responsibility is not as clearly implied as SAK, in its implementation many entities do not explain in detail so that they seem to be only uncles.As an effort to uncover the implementation of environmental concerns carried out by the company, this research is here to explore more deeply by comparing what has been written in the report with real implementation. Is it just fulfilling the legitimacy of society or is there a growing awareness of environmental concerns.Using the quality method with content analysis techniques for annual report reports and in-depth interviews to find out the direct implementation related to green accounting in retail companies, the results of the study prove that of the four business entities engaged in retail, only one entity is already concerned related to environmental improvement and is reflected in the vision and mission and direct policies, Meanwhile, one more entity has shown the seriousness of efforts to improve the environment and one entity even though it has implemented a plastic bag restriction policy but still as an effort to fulfill the responsibilities given by the government
Copyright (c) 2024 BALANCE: JOURNAL OF ISLAMIC ACCOUNTING
The Influence of Return on Equity, Debt to Assets Ratio, Current Ratio, and Cash Position on Dividend Payout Ratio
This study aims to determine the influence of Return on Equity (ROE), Debt to Assets Ratio (DAR), Current Ratio (CR), and Cash Position (CP) on the Dividend Payout Ratio (DPR). The sample used in this research consists of Food and Beverage Sub-Sector companies listed on the Indonesia Stock Exchange (IDX) during the 2018-2021 period. A total of 10 companies were sampled, resulting in 40 observational data points. The research method employed includes classical assumption tests, multiple linear regression analysis, and hypothesis testing, processed using IBM SPSS Statistics 26. The results of this study indicate that ROE, DAR, and CR do not have a significant influence on DPR. However, CP has a significant effect on DPR. Simultaneously, ROE, DAR, CR, and CP collectively have a significant impact on DPR.
Dividend payout ratio, return on equity, debt to assets ratio, currrent ratio, dan cash position.
THE INFLUENCE OF DIGITAL FINANCIAL INCLUSION AND DIGITAL ACCOUNTING ON THE SUSTAINABILITY OF MSMEs IN KARAWANG REGENCY
Implementation Inclusion Digital finance is necessary done as strategio For increase economy , in order to reduce level poverty , MSMEs have big role​ in development Indonesian economy however Still need done research advanced related implementation inclusion digital finance in MSMEs. Besides Many MSMEs in Indonesia do not yet understand or realize benefit digitalization as effort develop business . The reason is , digital technology is developing rapidly and had an impact on many matters , including MSMEs. Objective this research is test influence inclusion digital finance , digital accounting against sustainability of MSMEs in the district Karawang . With spread questionnaire to 100 MSME respondents in the district Karawang Research Results showing that Inclusion Digital Finance is influential to Sustainability of MSMEs while Digital Accounting does not influential to sustainability of MSMEs. Keyword: Inclusion Digital Finance , Digital Accounting, Business Sustainability , MSMEs
Inclusion Digital Finance , Digital Accounting, Business Sustainability , MSMEs
FORECAST ANALYSIS OF THE NUMBER OF MARINE PASSENGER LEVELS SEEN FROM TREND COMPONENTS USING TIME SERIES DATA AT PT. CITRABARU ADINUSANTARA
PT. Citrabaru Adinusantara is a company engaged in the field of sea transportation services in Southwest Papua. This company provides commercial sea transportation services or pioneering shipping vessels, to shorten the distance of passenger and sea cargo traffic and guarantee the distribution of logistics to remote, undeveloped areas in Eastern Indonesia. The purpose of this research was to find out the forecasting level for the number of KM. Sabuk Nusantara 56 passengers the trend component at PT. Citrabaru Adinusantara in 2019-2022 with Time Series Analysis. Meanwhile, the type of research used is quantitative descriptive analysis. Based on the values ​​that have been processed using the POM QM For Windows application, it is known that forecasting based on time series analysis using the moving average method has a value of MAD = 122.028 passengers, MSE = 24870.79 passengers, and MAPE = 63.47% and the forecasting value for the next period is 154, 5 passengers.
THE EFFECT OF ZISWAF FUND RECEIPTS, ROE, GWM ON NPF GROSS WITH FIRM SIZE AS MODERATING VARIABLE IN ISLAMIC BANKING IN INDONESIA PERIOD 2018-2023
Abstract: This study seeks to explore the influence of ZISWAF fund receipts, ROE, and GWM on Gross NPF in Islamic financial institutions, with firm size acting as a moderating factor. The research also explores strategies to address these issues. The sample consists of 115 companies in the financial sector registered with the OJK since 2018.Q1 to 2023.Q3. Purposive sampling was employed for data collection. MRA and panel data regression analysis were performed using Eviews 12 software.The findings indicate that ZISWAF fund receipts, ROE, and GWM significantly influence Gross NPF in the financial sector during the specified period. Additionally, firm size moderates the effects of ZISWAF fund receipts, ROE, and GWM on Gross NPF in the financial sector from 2018.Q1 to 2023.Q3. Keywords: ZISWAF Funds, ROE, GWM, NPF Gross, Firm Size
ACTIVITY BASED COSTING METHOD: DETERMINING THE UNIT COST OF HOSPITALS IN SIDOARJO REGENCY
This study aims to find out how to analyze the activity-based costing method in calculating unit costs at Sidoarjo district hospital. This study emphasizes the concept of activity-based costing in setting rates for hospital inpatient classes based on unit cost calculations. This study uses a descriptive qualitative approach research method. Data obtained by observing and documenting. Test the validity of the data using triangulation and data sources. Then the data analysis technique used in this research is qualitative analysis of interactive models from Miles and Huberman. The results of the study show that in calculating hospitalization rates using the activity-based costing method and traditional methods there are differences in the number of rates set, resulting in differences in several classes, namely Super VVIP B class and class III. Even though some classes get insurance from outside parties, there are still some classes whose rates are cheaper when calculated using traditional methods. This is due to the large number of inpatients who choose class I over other classes, due to differences in facilities. The implication of this study is the difference in the overhead costs for each product or inpatient class, in the traditional method the overhead costs for each inpatient room are only charged to one cost driver. Whereas in the activity-based costing method, overhead costs are charged to each product or inpatient room with several cost drivers.
Determinant Of Stakeholders Reliance On Indonesian Islamic Banking
Islamic banking carries out business activities based on sharia principles. The economic growth of a country can be seen from the growth of financial institutions such as the banking sector. The influence of the banking sector in a country's economy is very large. The failure of a bank can have systemic consequences for a country's economy, whether conventional banking or sharia banking. This research aims to analyze and test the influence of sharia compliance reports towards the level of stakeholder trust on Indonesian Islamic banking. The indicators used in sharia compliance are profit sharing ratio, Islamic income ratio, and zakat performance ratio, while the indicators used in the level of stakeholder trust are third party funds This research approach uses quantitative methods with ex-post facto (cause-and-effect) research. The population in this research is Sharia Commercial Banks and Sharia Business Units registered with the Financial Services Authority in 2020-2022. Sample selection was carried out using a purposive sampling method, resulting in 13 Sharia Commercial Banks and Sharia Business Units for the 2020-2022 period. The data analysis method in this research is using Eviews 12. The results of this research show that partially the profit sharing ratio and Islamic income ratio have a positive and significant effect towards the level of stakeholder trust. The zakat performance ratio does not have a significant effect towards the level of stakeholder trust. Meanwhile, simultaneously sharia compliance has a positive and significant effect towards the level of stakeholder trust of 26.45%.
THE EFFECT OF INSTITUTIONAL OWNERSHIP, MANAGERIAL OWNERSHIP, PUBLIC OWNERSHIP ON ENVIRONMENTAL PERFORMANCE WITH PROFITABILITY AS A MODERATING VARIABLE
Shareholders really think about the strategy that should be used to start investing their shares in a company. One of them is by tending to invest in companies that have high concern for the environment and good social insight towards society. This study aims to empirically examine the effect of institutional ownership, managerial ownership and public ownership on environmental performance. The moderating variable used is profitability. Environmental performance proxies use PROPER (company assessment in managing the environment). The sample used is a company listed on the Jakarta Islamic Index for 2018-2022. Sampling using purposive sampling technique. The number of samples in this study were 9 companies with a total of 45 observations. Test the hypothesis using multiple linear regression analysis. The results of the research show that institutional ownership has a negative effect on environmental performance. Meanwhile, managerial ownership and public ownership have no effect on environmental performance. Profitability is able to moderate the effect of managerial ownership and public ownership on environmental performance.
Institutional ownership; managerial ownership; public ownership; environmental performance.
The Role of Religiosity and Spirituality as Efforts to Prevent Financial Reporting Fraud
The research about fraudlent financial reporting prevention has been often done to be researched, but when it was linked with religiousity and spirituality it has been rarely done. This study aims to explain how the role of religiousity, and spirituality in prevent fraudulent financial reporting. This study used qualitative research methodology with descriptive analysis. The results of this study state that it is necessary to strengthen the role of religiosity and spirituality so that fraudulent financial reporting not happen again in many corporation in Indonesia. This study recommended that there are needed strengthen of religiousity and spirituality to prevent fraudulent financial reporting practice many company in Indonesia.
THE INFLUENCE OF FINANCIAL ATTITUDE, FINANCIAL KNOWLEDGE, PERSONAL INCOME AND EDUCATION LEVEL ON FINANCIAL BEHAVIOUR
Abstract: This study aims to examine the effect of Financial Attitudes, Financial Knowledge, Personal Income and Education Level on Financial Behavior in employees of CV Mahesa Interior District Kediri Regency partially and simultaneously. This research method used is a quantitative approach with an associative research type. The population used is employees of CV Mahesa Interior Kediri Regency. The data source is primary data, data collection methods by distributing questionnaires, samples obtained using non-probability sampling types with saturated sampling techniques. Data analysis using IBM SPSS version 26. The results showed that Financial Attitudes partially had a significant positive effect on Financial Behavior, Financial Knowledge partially had a significant positive effect on Financial Behavior, Personal Income partially had a significant positive effect on Financial Behavior, Education Level partially had a significant positive effect on the Financial Behavior. Financial Attitude, Financial Knowledge, Personal Income, and Education Level simultaneously have a significant positive effect on Financial Behavior of CV Mahesa Interior Kediri regency.
Keywords: Financial Attitude, Financial Knowledge, Personal Income, Education Level, Financial Behavior.
CHALLENGES IN APPLICATION BASED ACCOUNTING AND FINANCIAL MANAGEMENT PRACTICES FOR MICRO SMALL AND MEDIUM ENTERPRISES
Abstract: Many micro, small and medium enterprises (UMKM) have not recorded their business finances so they cannot monitor their business development. For this reason, the purpose of this study is to carry out mentoring activities for micro, small and medium enterprises entrepeneurs in the practice of recording their business finances by using digital applications so that it is simpler and easier to present their financial reports according to SAK EMKM standards. Research that uses a qualitative approach with this type of descriptive research chooses the digital applications chosen to be used are SI APIK and Teman Bisnis because these two applications are easy to access with Android and are quite simple in their practical stages to be practiced with the UMKM community of the Cemoro Barong association, located in Tapan Village, Kedungwaru District, Tulungagung Regency, East Java Province which consists of 18 UMKM with various types of service, trading and manufacturing businesses. As a result, entrepreneurs in the community are enthusiastic about implementing this accounting application. The entrepreneurs can use this application to assist them in controlling merchandise stocks to compiling financial reports according to SAK EMKM standards. This application is suitable for use in recording business finances both services, trade and manufacturing.
Keywords: UMKM, Assistance, Practice, Digital Applications
Copyright (c) 2023 BALANCE: JOURNAL OF ISLAMIC ACCOUNTING
VARIABLE COSTING METHOD FOR COST PRODUCTION AT ABI CULINARY TRENGGALEK
The purpose of this study is to analyze on production cost calculation by using variable costing method in 2022 period and to provide education related to accounting cycle record in Abi Culinary Trenggalek Small and Medium Enterprise. This study used applied study with quantitative method. The data collection techniques of this study were interview and documentation. The data which was used in the form of produced unit data and financial transaction data in 2022. The result of this study showed that production cost calculation by using variable costing method was more appropriate to be used because it entered the real cost that was occured in the production process in Abi Culinary Small and Medium Enterprise. Abi Culinary Small and Medium Enterprise still did simple financial record. Therefore, Abi Culinary Small and Medium Enterprise needed education on the accounting cycle to produce financial statements well.
TRANSFORMATION OF SHARIA ACCOUNTING INNOVATION: CHALLENGES AND OPPORTUNITIES IN ANALYSIS OF DIGITALIZATION ERA
This paper discusses the transformation of Islamic accounting innovation in facing challenges and creating opportunities in the digitalization era. In the context of an increasingly digitally connected business, implementing Islamic accounting innovation through information technology plays an essential role for Islamic financial companies. Previous research has shown the positive impact of adopting information technology in Islamic accounting practices, including improving operational efficiency, transparency, and quality of service to customers. However, challenges still need to be addressed, such as the complexity of Islamic accounting principles, data security, and the need for skilled human resources. This study aims to analyze the challenges and opportunities in the transformation of Islamic accounting innovation in the era of digitalization and create a strategic framework to overcome the challenges and take advantage of the opportunities. This study will identify various challenges financial companies face in implementing Islamic accounting innovations in the digitalization era through a comprehensive literature review. In addition, this study will also identify emerging opportunities in terms of utilizing technology to enhance Islamic accounting practices. The results of this study will provide valuable insights for Islamic financial companies in dealing with accounting changes and innovations in the digitalization era. By understanding the challenges and creating an appropriate strategic framework, companies can optimize the benefits of transforming Islamic accounting innovation and strengthen their position in the increasingly competitive Islamic finance industry
Islamic Accounting, Innovation Transformation, Digitalization Era, Challenges, Opportunities
IMPLEMENTATION OF ACCOUNTABILITY AND TRANSPARENCY IN FINANCIAL MANAGEMENT OF MIFTAHUL JANNAH MOSQUE IN BLITAR DISTRICT BASED ON ISAK 35
The mosque is a non-profit organization whose accounting records have been regulated by the Interpretation of Financial Accounting Standards No. 35. The problem that has been occurring in society is a lack of knowledge regarding the importance of accountability and transparency in financial management and mosque financial records that have not complied with applicable accounting standards. The purpose of this study was to determine the application of accountability and transparency in financial management at the Great Miftahul Jannah Mosque in Blitar Regency and to analyze the financial reports at the Miftahul Jannah Grand Mosque in Blitar Regency, whether they are in accordance with ISAK 35. The method used is a qualitative case study. The results of this study indicate that accountability and transparency in the financial management of the Miftahul Jannah Grand Mosque as a whole have been implemented and are running well. The Miftahul Jannah Grand Mosque has not presented financial reports in accordance with ISAK 35, only presents financial reports in the form of cash in and cash out only in the General Cash Book and Financial Accountability Report.
FULL COSTING METHOD FOR COST PRODUCTION AT TAHU TAKWA IBU NUR KEDIRI
Penetapan harga merupakan suatu hal yang penting dalam mengambil keputusan pemasaran. Penelitian ini dilakukan di usaha Tahu Takwa Bu Nur yang bertempat di Kampoeng Tahu Takwa Kota Kediri. Penelitian ini bertujuan untuk mengetahui kesesuaian penetapan harga jual yang ditetapkan oleh usaha Tahu Takwa Bu Nur melalui metode full costing dalam menetapkan harga pokok produksi, karena penetapan harga pokok produksi yang dilakukan Tahu Takwa Bu Nur menggunakan metode biasa. Metode yang digunakan dalam penelitian ini adalah metode penelitian kualitatif dengan pengumpulan data yang bersumber secara langsung pada usaha Tahu Takwa Bu Nur melalui wawancara dan data pendukung berupa buku, jurnal dan sumber lainya. Hasil penelitian menunjukkan bahwa penetapan harga jual yang ditetapkan oleh usaha Tahu Takwa Bu Nur terdapat perbedaan dengan metode full costing dalam menetapkan harga pokok produksi. penetapan harga jual oleh Tahu Takwa Bu Nur lebih rendah dibandingkan penetapan harga yang menggunakan metode full costing dalam menetapkan harga pokok produksi. Oleh karena itu, metode full costing sangat cocok digunakan dalam menghitung harga pokok produksi untuk menetapkan harga jual yang tepat dan akurat
full costing; harga jual; harga pokok produksi
THE TRANSFORMATION OF SHARIA ACCOUNTING IN PROMOTING SUSTAINABILITY ECONOMIC GROWTH
This research aims to analyze the transformation of Islamic accounting and its impact on strengthening the sustainable economy and gain a deeper understanding of innovative Islamic accounting practices, the role of technology in driving efficiency, and their contribution to overall Islamic economic growth. In recent years, the Islamic economy has experienced significant growth in various countries. Islamic economic principles based on Islamic moral and ethical principles offer an attractive alternative to the conventional financial system. Islamic accounting has a key role in ensuring transparency, sharia compliance, and sustainable growth in the Islamic economy. This research will discuss the importance of transformation in sharia accounting practices to achieve the goal of strengthening the broader sharia economy. Sharia accounting, as one of the important elements in the Islamic economy, plays a crucial role in ensuring transparency, sharia compliance and sustainable growth. However, further research is needed to understand how transformation in sharia accounting practices can encourage the strengthening of a sustainable economy. This research is qualitative research. The data collection technique used in this research was literature review from secondary data sources in the form of books, journals, scientific articles, official invitational websites that have information relevant to research topics such as sharia accounting and economics. The data analysis technique used in this research is content analysis technique. The results of this research are expected to provide a deeper understanding of the role and contribution of sharia accounting transformation to strengthening a sustainable economy as well as contribute to science, provide practical guidance, and raise awareness about sustainability and sharia accounting among the public.
THE EFFECT OF CASH RATIO AND RETURN ON ASSET ON FIRM VALUE OF CONSTRUCTION COMPANIES SUB SECTOR LISTED ON THE IDX FOR THE 2019-2022 PERIOD
The rise of default problems due to poor asset management has an impact on decreasing investor confidence, which affects the value of a company. “This observation aims to examine how the correlation between Cash Ratio and Return on Assets on Company Value is proxied by Price to Book Value, both partially and simultaneously in building construction sub-sector companies with a focus on research for the period 2019 to 2022. This observation makes use of Multiple linear regression as a research method uses SPSS 25 with reference to the classical assumption feasibility test as well as the T-test and F-test. The results of this study show that partially, the cash ratio has a negative but not significant effect on firm value, while return on assets has a positive and significant effect on firm value. Simultaneously, the cash ratio and return on assets together have a positive and significant influence on firm value with a determinant contribution (R Adjusted Square) of 20.5% in explaining the escalation of firm value variables.
Cash Ratio, Return on Assets, Firm Value
HEALTH SERVICE EFFICIENCY: COST ANALYSIS OF TIME DRIVEN ACTIVITY BASED COSTING METHODS IN CAESAR SURGERY SERVICES IN PKU MUHAMMADIYAH HOSPITAL, YOGYAKARTA
Negative difference between the fee for cesarean surgery services provided by the hospital and the tariff claimed by BPJS resulted in the hospital bearing the cost difference. This study aims to determine the level of inefficiency in cesarean surgery healthcare services through cost calculation using the Time Driven Activity Based Costing (TDABC) method at PKU Muhammadiyah Yogyakarta Hospital. This study uses a qualitative approach with a case study strategy. The subjects of this research were determined using purposive sampling approach, involving 5 informants as personnel in each cost pool. In-depth interviews and documentation of internal financial data were used as data collection techniques. The results of this study show the presence of inefficiency in the Accommodation cost pool and the Cleaning service cost pool. Inefficiency in cesarean surgery services can be determined after analyzing the utilization of capacity, which is the end result of cost calculation using the TDABC method. The stages of cost analysis using the TDABC method in this study include: 1) Identification of Cost Pools, 2) Identification of total costs for each cost pool, 3) Determination of practical capacity and capacity cost rate for each cost pool, 4) Determination of time estimates for each cost pool, 5) Cost calculation, and 6) Analysis of capacity utilization to determine the level of inefficiency by calculating the percentage of available capacity compared to idle capacity. The results of this study are expected to provide input regarding the optimization of idle capacity, cost efficiency, and improvement of healthcare service processes in the hospital.