Goodwood Akuntansi dan Auditing Reviu

Implementation of Budget Accountability to Measure Private University Financial Performance

2025-06-25T08:43:40+07:00

Purpose: This study explores how budget accountability is implemented as a performance measurement tool in financial management at a private higher education institution in Baubau City, Southeast Sulawesi, Indonesia. It examines factors that support or hinder the process and their relation to institutional performance.

Methodology/Approach: A qualitative case study approach was used at a private Islamic university. Data collection included in-depth interviews with six financial management staff, document analysis of budget plans and financial reports, and field observation. Data were analyzed using Miles and Huberman’s interactive model. The study applied theories of public accountability, organizational performance, and good governance.

Results/Findings: The study found that budget accountability is implemented through formal planning, execution, and reporting processes. However, it is largely administrative with limited use of performance indicators. Supporting factors include leadership commitment, digital financial systems, and an open organizational culture. Challenges include limited staff capacity, rigid bureaucracy, and the absence of outcome-based performance metrics. Some units have aligned budgets with outputs, but efforts are inconsistent.

Conclusions: Budget accountability practices in private universities are predominantly administrative. To improve performance measurement, enhancing leadership commitment, optimizing digital systems, and fostering a participatory organizational culture are crucial.

Limitations: This study is limited to one private university in Baubau City, Southeast Sulawesi, with no comparative analysis across institutions or regions, limiting the generalizability of the findings.

Contributions: This study enhances understanding of budget accountability in Indonesian private higher education and provides practical recommendations for institutional leaders, contributing to the discourse on financial governance in education.

The Determinants of Audit Quality: Audit Tenure, Audit Committee, and Audit Capacity Stress

2025-10-29T11:44:04+07:00

Purpose: This study examines the effect of auditor tenure, audit committee composition, and audit capacity stress on audit quality in food and beverage manufacturing firms listed on the Indonesia Stock Exchange (IDX) during 2019–2023.

Methodology/approach: A quantitative associative approach was applied using secondary data from the IDX. The sample consisted of 29 companies over five years (145 observations), selected through purposive sampling. Panel data regression analysis was conducted using EViews 12.

Results: The results show that auditor tenure, audit committee, and audit capacity stress do not have a significant partial effect on audit quality. However, simultaneously, these variables significantly influence audit quality.

Conclusions: Individually, the variables do not determine audit effectiveness, but collectively they influence audit outcomes. This indicates that audit quality depends on the interaction of multiple factors. Firms and regulators should emphasize auditor competence, independence, and workload management.

Limitations: This study focuses only on manufacturing firms, particularly the food and beverage subsector, limiting generalizability to other industries.

Contributions: This study provides insights for public accounting firms and regulators in improving audit quality and understanding its determinants in the manufacturing sector.

The Influence of Tax Avoidance, Managerial Ownership and Profitability on Tax Payment Levels

2025-09-23T10:17:40+07:00

Purpose: This study aims to analyze the effects of tax avoidance, managerial ownership, and profitability on the level of tax payments in property and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2019–2023.

Methodology/approach: This study uses secondary data from financial reports. A purposive sampling method was applied, resulting in 85 observations. Data were processed using SPSS version 25 and multiple linear regression analysis. The research includes classical assumption tests, t-tests, F-tests, and the coefficient of determination (R²).

Results/findings: The results show that tax avoidance has a positive and significant effect on tax payments, managerial ownership has no significant effect, and profitability has a positive but insignificant effect. Simultaneously, the three variables significantly influenced tax payments, with results shaped by the COVID-19 pandemic and related tax policies.

Conclusions: This study concludes that tax avoidance is the dominant factor affecting corporate tax payments, whereas managerial ownership and profitability do not have significant effects. However, all three variables jointly affect the tax payment levels.

Limitations: This research is limited to property and real estate companies listed on the IDX during 2019–2023, therefore, the findings may not be generalizable to other sectors or periods.

Contributions: This study contributes to the accounting and taxation literature in Indonesia and provides insights for policymakers, tax authorities, and company management.

Intellectual Capital, Sustainability Report, and the Performance of Financial Sector Companies

2026-02-09T11:34:39+07:00

Purpose: This study aims to examine the effect of Intellectual Capital and Sustainability Report disclosure on firm performance in financial sector companies listed on the Indonesia Stock Exchange.

Research methodology: This study adopts a quantitative research design using secondary data obtained from financial sector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The sample consists of 92 companies, yielding 368 firm-year observations selected through purposive sampling. Intellectual Capital is measured using the Value-Added Intellectual Coefficient (VAIC™), while Sustainability Report disclosure is measured using the Sustainability Report Disclosure Index (SRDI) based on the Global Reporting Initiative (GRI) Standards. Firm performance is measured using Return on Assets (ROA) and Tobin’s Q. Data analysis is conducted using panel data regression with a fixed effects model.

Results: The findings show that Intellectual Capital positively and significantly affects ROA, indicating improved profitability, but negatively affects Tobin’s Q, suggesting the market does not fully value intellectual capital. Sustainability Report disclosure has no significant effect on ROA but negatively affects Tobin’s Q.

Conclusions: Overall, Intellectual Capital contributes to accounting-based performance but is not yet positively reflected in market valuation, while Sustainability Report disclosure has not generated immediate financial or market benefits in the financial sector.

Limitations: This study is limited to financial sector companies during the post-pandemic period and relies on firm-specific effects captured by the fixed effects model.

Contributions: This study extends the Resource-Based View and Stakeholder Theory by showing how Intellectual Capital and Sustainability Report disclosure affect both accounting- and market-based performance in Indonesia’s financial sector.

Determinants of Shopee Customer Satisfaction: Price, Product Quality, and Service Quality

2025-08-08T04:33:50+07:00

Purpose: This study aims to analyze the influence of price, product quality, and service quality on consumer satisfaction with Shopee among Accounting students at Politeknik Negeri Lampung.

Methodology/approach: A quantitative approach was employed using a survey questionnaire distributed to 100 respondents. Data were analyzed using multiple linear regression, t-test, F-test, and coefficient of determination through IBM SPSS Statistics 26. Validity and reliability tests were conducted, and outliers were removed, resulting in 94 valid respondents.

Results/findings: The results indicate that product quality (beta = 0.646, p-value = 0.000) and service quality (beta = 0.557, p-value = 0.000) have a significant positive effect on consumer satisfaction, while price (beta = 0.153, p-value = 0.239) does not show a significant influence. The regression model is significant simultaneously (F = 37.041, p-value = 0.000) with an adjusted R-squared of 0.538, indicating that 53.8 percent of the variance in consumer satisfaction is explained by the independent variables.

Conclutions: Product quality and service quality are the primary drivers of consumer satisfaction in e-commerce platforms.

Limitations: The sample is limited to one study program and institution, and the quantitative design limits in-depth exploration of subjective reasons.

Contributions: This research provides empirical evidence on youth consumer behavior in digital marketplaces within a regional context in Sumatra, Indonesia, and supports the application of Expectation Confirmation Theory in e-commerce settings.

Corporate Social Responsibility, Leverage, and Firm Size on Tax Aggressiveness in Indonesia

2025-11-05T16:04:07+07:00

Purpose: This study aims to analyze the effects of corporate social responsibility, leverage, and firm size on tax aggressiveness in energy sector companies listed on the Indonesia Stock Exchange (IDX) during 2020–2023.

Methodology/approach: This study uses secondary financial report data with purposive sampling, yielding 88 observations. Tax aggressiveness is measured by Effective Tax Rate (ETR), with CSR and firm size as Dummy Variables and Leverage (DER) as an independent variable, analyzed using multiple linear regression in SPSS.

Results/findings: The results show that Corporate Social Responsibility (CSR) has a positive but insignificant effect on tax aggressiveness; leverage has a positive and significant effect on tax aggressiveness; and firm size has a negative and significant effect on tax aggressiveness.

Conclusions: The results show that tax aggressiveness in energy sector companies is more influenced by leverage and firm size than by CSR, where higher leverage increases tax aggressiveness, while larger firms tend to be less aggressive due to greater public scrutiny.

Limitations: The research is limited to energy companies listed on the IDX during 2020–2023, so the findings may not be generalized to other sectors or periods

Contributions: This study provides empirical evidence of tax aggressiveness in the energy sector and insights for investors, regulators, and management regarding the factors influencing corporate tax compliance.

The Influence of Auditor Reputation, Firm Size, and Audit Delay on Financial Report Integrity

2025-10-16T13:20:59+07:00

Purpose: This study aims to analyze the effect of auditor reputation, firm size, and audit delay on the integrity of financial statements of companies listed in the LQ45 Index on the Indonesia Stock Exchange (IDX) during 2020–2023.

Methodology/Approach: A quantitative approach was employed, utilizing secondary data from annual reports of LQ45 companies between 2020 and 2023. The sample, selected through purposive sampling, consisted of 41 companies (164 observations). Data analysis was conducted using multiple linear regression with classical assumption tests, using SPSS (version 27).

Results/Findings: The results reveal that auditor reputation and firm size have a positive and significant impact on the integrity of financial statements, while audit delay has a negative and significant effect. Companies audited by reputable firms and those with larger assets tend to produce more reliable financial statements. In contrast, longer audit delays reduce the integrity of reports. Collectively, the three variables significantly influence financial statement integrity.

Conclusions: The study concludes that auditor reputation and firm size positively affect the integrity of financial statements, while audit delay negatively impacts it. Companies with reputable auditors and larger sizes are more likely to produce trustworthy financial reports. These findings emphasize the importance of corporate governance and audit quality in ensuring financial transparency.

Limitations: This study is limited to companies listed in the LQ45 index, using secondary data from 2020–2023, limiting generalizability.

Contributions: The study provides empirical evidence on factors affecting financial statement integrity and offers insights for regulators, auditors, and investors to enhance reporting transparency.

The Effect of Audit Committee Effectiveness, Environmental Performance, and Corporate Disclosure on Carbon Emission Disclosure

2026-04-07T08:27:40+07:00

Purpose: This inquiry aims to empirically analyze the influence of audit committee effectiveness, environmental performance, and corporate disclosure levels on the intensity of carbon emission reporting. The study focuses on corporate entities within the basic materials sector officially quoted on the Indonesia Stock Exchange throughout the 2020–2024 observation window.

Research Methodology: This study employs a quantitative causal-associative design, analyzing 80 observations from 16 basic materials companies selected via purposive sampling on the IDX. Secondary data were aggregated from annual and sustainability reports, corporate websites, Program Penilaian Peringkat Kinerja Perusahaan dalam Pengelolaan Lingkungan (PROPER) ratings, and IDX databases. Hypotheses were tested using multiple linear regression and diagnostic assessments via IBM SPSS Statistics.

Results: The results of the F-test indicate that audit committee effectiveness, environmental performance, and corporate disclosure simultaneously exert a significant influence on carbon emission transparency. However, the t-test results reveal a divergent pattern: while audit committee effectiveness and corporate disclosure demonstrate a positive and statistically significant impact, environmental performance remains statistically insignificant.

Conclusions: Transparency in carbon emissions is more strongly affected by the quality of internal governance and media exposure than by environmental performance achievements.

Limitations: Limited access to some historical documents for the period 2020–2024.

Contributions: Beyond advancing the scholarly literature on green accounting, these findings offer actionable insights for regulatory bodies and management to improve the quality of carbon-related disclosures.

Internal Control Systems and Follow-Up Audits of Financial Statement Quality with Government Governance as Moderating

2025-08-20T16:00:02+07:00

Purpose: This study seeks to examine how weaknesses in internal control systems and follow-up on research results on the quality of local government financial reports, with good government governance serving as a moderating variable for the 2020-2023.

Methodology/approach: This research employs a quantitative approach, applies purposive sampling for data collection and utilizes PLS for the analytical testing.

Results/findings: Weaknesses in internal control systems are found to negative influence the quality of local government financial report. In contrast, follow-up actions on audit finding contribute positively to improving report quality. Furthermore, the implementation of good governance has been proven to lessen the negative impact arising from internal control defecies toward the quality of financial reports. Concurrently, it also reduces intensity of the association between audit follow-up actions and the overall quality of financial statements.

Conclusions: Weak internal controls reduce reporting quality, while audit follow-up improves reporting outcomes. GGG strengthens mitigation of SPI weaknesses but may weaken the effectiveness of TLHP when governance practices remain procedural rather than substantive. Strengthening substantive governance practices is crucial to improving reporting integrity.

Limitations: This study is limited to the period 2020-2023, covering only regency/city governments, and uses predicates for good governance, so the results do not fully represent the broader situation.

Contributions: This study expands the existing discourse on public sector accountability while providing practical guidance for local governments in enhancing the quality of financial statements by reinforcing internal controls, ensuring effective audit follow-up, and institutionalizing good governance practices.

The Integration Effect of Technical and Psychological Aspects on Occupational Fraud Disclosure

2025-12-23T13:47:26+07:00

Purpose: This study aims to examine the influence of investigative audits, professional judgment, and whistleblowing systems on occupational fraud disclosure, with the locus of control as a moderator.

Methodology/approach: This study uses a quantitative approach with Partial Least Squares (PLS) analysis. Data were collected through questionnaires distributed to internal auditors who attended professional training at Yayasan Pendidikan Islam Al-Azhar (YPIA) in 2025. Data analysis was performed using SmartPLS 4.

Results: Investigative audits (? = 0.332; P = 0.000; t = 10.294), professional judgment (? = 0.336; P = 0.000; t = 10.100), and whistleblowing systems (? = 0.201; P = 0.000; t = 6.630) positively affect occupational fraud disclosure. Locus of control strengthens the effect of professional judgment (? = 0.120; P = 0.007; t = 2.691) and whistleblowing systems (? = 0.079; P = 0.024; t = 2.258) but does not strengthen the effect of investigative audits (? = 0.056; P = 0.117; t = 1.568).

Conclusions: This study provides a new theoretical contribution by proving that effective disclosure of occupational fraud is not only determined by technical aspects but is also influenced by individual psychological aspects.

Limitations: This research is limited to one professional training institution, the sample used is only internal auditors, and only three independent variables are used.

Contributions: The findings of this study contribute to the audit literature and can be used by organizations and internal auditors to improve the effectiveness of fraud disclosure.