scholarly journals FINANCIAL REPORTING QUALITY: HOW TO OPTIMIZE THE ROLE OF INTERNAL AUDIT

2021 ◽  
Vol 9 (12) ◽  
pp. 118-125
Author(s):  
Iriyadi a ◽  
◽  
Sylvia Fettry ◽  
Nuraini Anzib ◽  
Mariyam b ◽  
...  
Keyword(s):  
Financial Reporting ◽  
Audit Committee ◽  
Quantitative Methods ◽  
Linear Regression Analysis ◽  
Internal Audit ◽  
Reporting Quality ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis

The purpose of the study is to investigate the role of the internal audit function (IAF) in improving the quality of financial reporting. This is because the effectiveness of the FAIs role is often questioned considering its status as an employee who must serve two masters namely the board of directors and the audit committee as representatives of the board of commissioners. On the other hand, financial statements represent reports on the performance and quality of the companys management. The research method uses quantitative methods with multiple linear regression analysis. The research data is based on a questionnaire survey with purposively selected respondents from accounting, finance, auditing, and audit committee practitioners. The research findings indicate that the competence and objectivity of the IAF have a positive effect on the quality of financial reporting. Thus, to enhance the quality of financial reporting, internal auditors must be able to improve their competence and objectivity. Meanwhile, the most important quality of financial statements is the fundamental qualitative characteristics of faithful or honest representation by management. The results of this study answer doubt about the unique role of the IAF as a servant of the two masters, and implicitly the partnership with the audit committee enhances the check and balance function through the role of the IAF. The limitation of the study is that the low determinant coefficient which indicates that there are many other factors that affect the quality of financial reporting. For further research, it is recommended to add other factors and increase the number of sample respondents.

scholarly journals PENGARUH KOMITMEN ORGANISASIONAL, SISTEM INFORMASI AKUNTANSI, DAN PERAN AUDIT INTERNAL TERHADAP KUALITAS LAPORAN KEUANGAN

2019 ◽  
Vol 1 (2) ◽  
pp. 125-134
Author(s):  
Frasca Ardy Nugroho ◽  
Widhy Setyowati
Keyword(s):  
Organizational Commitment ◽  
Significant Influence ◽  
Linear Regression Analysis ◽  
Accounting Information ◽  
Internal Audit ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
System Variable

This study aims to analyze the effect of organizational commitment, accounting information systems, and the role of internal audit to the quality of the financial statements of Tegal District Government which consists of 150 respondents, data collection methods using questionnaires, data analysis methods using multiple linear regression analysis and data processing using SPSS application. From the results of the partial test, the organizational commitment variable gives a positive and significant effect to the quality of financial statements, as well as the accounting information system variable that gives a positive and significant effect to the quality of financial statements. The third variable, namely the role of the partially internal audit also gives a positive and significant influence on the quality of financial statements. Those variables simultaneously have a positive and significant influence on the quality of financial statements.

scholarly journals KUALITAS PELAPORAN KEUANGAN PADA USAHA BISNIS APOTEK DI KOTA DENPASAR

2019 ◽  
Vol 1 (1) ◽  
pp. 58-75
Author(s):  
Ni Nyoman Ayu Suryandari ◽  
Veronica Me'e
Keyword(s):  
Financial Reporting ◽  
Linear Regression Analysis ◽  
Internal Audit ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Leadership Ethics ◽  
Internal Audit Function ◽  
Variable Level ◽  
Level Of Understanding

The existence of a pharmacy that has two functions, namely health services and business or companies are in dire need of financial statements. From the financial statements, the financial and economic conditions of a company or pharmacy can be known. This study aims to reexamine the influence of leadership ethics variables, internal audit function and level of understanding of accounting on the quality of financial reporting. The sample in this study were 35 people who worked as a maker of pharmacy financial statements in Denpasar City. Determination of the sample using purposive sampling method and the test equipment used is multiple linear regression analysis. The results showed that the leadership ethics variable had no effect on the quality of financial reporting in the pharmacy business business as indicated by a significance value of 0.141. The variable internal audit function does not affect the quality of financial reporting in the pharmacy business in Denpasar City which is indicated by a significance value of 0.281, while the variable level of accounting understanding has a positive effect on the quality of financial reporting in the pharmacy business in Denpasar which is indicated by a significance value of 0.043.

scholarly journals PENGARUH KAPASITAS SUMBER DAYA MANUSIA DAN KOMITMEN ORGANISASI TERHADAP KUALITAS LAPORAN KEUANGAN PEMERINTAH DAERAH PADA BADAN PENGELOLA KEUANGAN DAN ASET DAERAH (BPKAD) KOTA MANADO

2018 ◽  
Vol 13 (02) ◽  
Author(s):  
Rivaldy Manimpurung ◽  
Lintje Kalangi ◽  
Natalia Gerungai
Keyword(s):  
Organizational Commitment ◽  
Financial Reporting ◽  
Linear Regression Analysis ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Financial Statement ◽  
Financial Reports ◽  
Human Resource Capacity ◽  
Positive Effect

The quality of government financial reporting is a normative prerequisite for the preparation of financial statements so that the resulting accounting information can be beneficial to users of financial statements. This is the aim of recognizing the effect of human resources and organizational commitment toward the quality of regional financial reports in BPKAD in Manado. The data collected through questionnaire distributions to 64 respondents were financial managers at BPKAD in Manado City. The data were analyzed using multiple linear regression analysis method with SPSS 17 program. The results showed that SDM Capacity has no positive effect on LKPD Quality and Organization Commitment positively and significantly affect the quality of Local Government Financial Reporting at BPKAD in Manado City.Keywords: Human Resource Capacity, Organizational Commitment, Quality of Financial Statement.

scholarly journals The Role Of Shareholders And Good Corporate Governance In Sharia Banks

IKONOMIKA ◽  
2018 ◽  
Vol 3 (1) ◽  
pp. 43
Author(s):  
Zulpahmi Zulpahmi ◽  
Sumardi Sumardi ◽  
Muhammad Akmal
Keyword(s):  
Corporate Governance ◽  
Audit Committee ◽  
Linear Regression Analysis ◽  
Internal Audit ◽  
Multiple Linear Regression Analysis ◽  
Primary Data ◽  
Internal Auditor ◽  
Good Corporate Governance ◽  
Independent Variable

ABSTRACTThe variables used in this research are the role of audit committee and internal audit as the dependent variables and the implementation of good corporate governance as the independent variable. This research employs a purposive sampling to determine the samples based on certain criteria and 3 (three) Sharia banks are obtained since they have met the pre-determined criteria. The primary data are obtained through questionnaires distributed to 43 employees of Audit Committee, Internal Auditor, and GCG as the respondents. This research employs a Multiple Linear Regression Analysis as its technical analysis. The results of this research show that the role of audit committee positively and significantly influences the implementation of good corporate governance. Keywords: Audit Committee, internal audit, implementation of Good Corporate Governance

scholarly journals PENGARUH KOMPETENSI APARATUR PENATA LAPORAN KEUANGAN DAN PERAN APARAT PENGAWAS INTERN PEMERINTAH (APIP) TERHADAP KUALITAS LAPORANKEUANGAN PEMERINTAH DAERAH DI PROVINSI BENGKULU

2019 ◽  
Vol 8 (3) ◽  
pp. 123-134
Author(s):  
Irwansyah Irwansyah ◽  
Tantri Wulandari
Keyword(s):  
Local Government ◽  
Linear Regression Analysis ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Primary Data ◽  
Financial Report ◽  
Financial Administration ◽  
Positive Effect

apparatus internal government (apip) on quality of local government financial report in bengkulu province. This research uses quantitative approach, using primary data through questionnaire. Respondents in this study are the Financial Administration Official (PPK), the Technical Activity Executing Officials (PPTK), and the Spending Treasurer. Technical analysis of data using multiple linear regression analysis of SPSS program assistance. The results of this study indicate that the competence of the apparatus of financial statements do not positively affect the quality of local government financial and the role of apparatus internal government (APIP) has a positive effect on the quality of local government financial statements in Bengkulu Province.Key Words: Government, Competency, APIP

scholarly journals Determinant of Indonesia Government Financial Reporting Quality

2021 ◽  
Vol 2 (9) ◽  
pp. 595-604
Author(s):  
Januarti Tiurmaida ◽  
Etty Murwaningsari ◽  
Binsar Simanjuntak ◽  
Sekar Mayangsari
Keyword(s):  
Financial Reporting ◽  
Quantitative Methods ◽  
Central Government ◽  
Negative Impact ◽  
Positive Impact ◽  
Reporting Quality ◽  
Financial Statements ◽  
Financial Reports

This study aims to examine the factors that determine the quality of financial statements in the central government in Indonesia at Ministries/Agencies, namely audit findings and follow-up of audit recommendations. This study uses quantitative methods with secondary data from 74 of 88 Ministries/Agencies in the Central Government in Indonesia. The sampling method is purposive sampling with financial statements starting from 2015-2019 which are processed using the STATA. This study shows that audit findings and follow-up of audit recommendations affect the quality of financial reporting. The more audit findings can have a negative impact on the quality of financial reports and the more follow-up on audit results recommendations can have a positive impact on the quality of financial reporting. This study only analyzes audit findings and follow-up of audit recommendations without any other variables that can support the quality of financial statements and can lead to accuracy in this study. Research is important for the central government in maximizing efforts to maintain the quality of financial reports in the context of accountability to stakeholders, especially to the community through the House of Representatives. This study provides new insights into the factors that determine the quality of central government financial reports in Indonesia.

scholarly journals Effect of Audit Committee Tenure on Financial Reporting Quality of Listed Deposit Money Banks in Nigeria

2018 ◽  
Vol 14 (4) ◽  
pp. 257
Author(s):  
Joseph Majiyebo Onyabe ◽  
Joshua Okpanachi ◽  
Terzungwe Nyor ◽  
Onipe Adabenege Yahaya ◽  
Mohammed Ahmed
Keyword(s):  
Financial Reporting ◽  
Audit Committee ◽  
Stock Exchange ◽  
Reporting Quality ◽  
Financial Statements ◽  
Financial Reporting Quality ◽  
Cross Sectional ◽  
Correlation And Regression Analysis ◽  
The Mean

This study examines the effect of audit committee tenure on financial reporting quality of listed deposit money banks in Nigeria. The study uses panel data obtained from the Nigerian Stock Exchange factbooks and the financial statements of 14 listed deposit money banks over a period of 10 years (2007-2016). The study uses cross sectional and time series research design. Financial reporting quality was measured using the modified Jones (1991) model and changes in working capital model, while audit committee tenure was measured as the mean tenure of audit committee members. The data was analyzed using descriptive (mean, standard deviation, minimum and maximum) and inferential statistics (correlation and regression analysis). The study reveals that audit committee tenure has a negative and insignificant effect on financial reporting quality under the two models. The implication of these results is that the tenure of audit committee members is not important when considering the financial reporting quality of deposit money banks in Nigeria. The study therefore concludes that the effect of audit committee tenure on financial reporting quality of deposit money banks in Nigeria is negative and insignificant. Based on this conclusion, the study recommends that further research should be conducted on other audit committee attributes in order to see which of the attributes may have significant effect on financial reporting quality.

scholarly journals EVALUATING THE ROLE OF INTERNAL AUDIT AND ITS RELATION TO THE QUALITY OF FINANCIAL STATEMENT

2020 ◽  
Vol 28 (3) ◽  
pp. 145-180
Author(s):  
Luh Merawati ◽  
Putu Kumalasari
Keyword(s):  
Local Government ◽  
Human Resource ◽  
Linear Regression Analysis ◽  
Internal Audit ◽  
Multiple Linear Regression Analysis ◽  
Financial Statement ◽  
Primary Data ◽  
Analysis Technique

Purpose — This research aimed to obtain empirical evidence about the effect of accounting understandability, human resource competency and the role of internal audit as moderating variable on the quality of financial statement. Design/methodology/approach — This research was conducted on all financial administration officials and treasurers of local government in Bangli Regency with the primary data was obtained from questionnaires which were distributed to respondents. Sample was determined through purposive sampling. The analysis technique used was the multiple linear regression analysis. Findings — The results suggested that accounting understandability and the human resouce competency had positive effect on the quality of financial statement. Meanwhile, the relation between accounting understandibility and the quality of financial statement, the role of internal audit was not the moderating variable. Whereas, the effect of the role of internal audit was proven to moderate the relation between human resource competency and the quality of financial statement, with negative direction. Practical Implications — The financial statement of local government is a form of accountability on the use of local finances as the implementation of regional autonomy and the operational of local government to provide useful information in decision making. Originality/value — The quality of the said financial statement is determined by qualitative characteristics which are relevant, reliable, comparable and understandable, based on PP No. 71 of 2010.

scholarly journals PENGARUH KOMITMEN ORGANISASI, PENGENDALIAN INTERN AKUNTANSI, PERAN INTERNAL AUDIT, PENDIDIKAN, DAN KUALITAS PELATIHAN TERHADAP KETERANDALAN LAPORAN KEUANGAN PADA SKPD PEMERINTAH KABUPATEN HALMAHERA UTARA

2017 ◽  
Vol 8 (1) ◽  
Author(s):  
Yoki Dodopo ◽  
Jullie Sondakh ◽  
Jantje Tinangon
Keyword(s):  
Regression Analysis ◽  
Organizational Commitment ◽  
Local Government ◽  
Internal Control ◽  
Linear Regression Analysis ◽  
Internal Audit ◽  
Multiple Linear Regression Analysis ◽  
Financial Report

Abstract. This research aims to test the influence of such independent variables as the organizational commitment, Accounting Internal Control, The Role Of Internal Audit, Education, and the quality of training to such dependent variables as the reliability of the financial report of local government. This research uses a quantitative approach, using primary data through questionnaires. The respondents in this study were  the employees who processes the financial administration and those who make financial report at the Local Working Unit (SKPD) in North Halmahera Regency Government. The population used for this research is a group of financial staff which is about 298 people in each of the SKPD, and the samples taken are  75 respondents. The data were analyzed using multiple linear regression analysis and the data were tested by using SPSS program version 22. The results of a multiple linear regression analysis shows that partially, the organizational commitment, accounting internal control, the role of internal audit, education, and the quality of training give positive impacts and significant effects to the reliability of the financial report of local government. The result of the test also shows that simultaneously, the good organizational commitment, accounting internal control, the role of internal audit, education, and quality of training give positive impacts and significant effects to the reliability of financial report of local government. The value of the coefficient of determination indicates that the organizational commitment, accounting internal control, the role of internal audit, education, and quality of training is 49.70%, and the remaining 50.30% is affected by other factors which are not included in this model of research. Keywords : Organizational Commitment, Internal Control Of Accounting, The Role Of Internal Audit, Education, Quality Of Training, The Reliability Of Financial Report.

scholarly journals THE ROLE OF CORPORATE GOVERNANCE ON FINANCIAL STATEMENT QUALITY AND INVESTOR REACTION

2020 ◽  
Vol 1 (1) ◽  
pp. 31-39
Author(s):  
Devica Pratiwi ◽  
Syane Mulyawan ◽  
Zefanya Evans Lino
Keyword(s):  
Boards Of Directors ◽  
Audit Committee ◽  
Stock Exchange ◽  
Linear Regression Analysis ◽  
Control Variable ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Audit Committees ◽  
Simultaneous Test

The purpose of this paper is to examine the effect of the number of boards of directors, boards of commissioners, audit committees, the background of the audit committee on the quality of financial statements and the reaction of investors with ROA as a control variable. The population in this study is the annual report of banking company listed on the Indonesia Stock Exchange on 2018. The analysis method in this study is the multiple linear regression analysis using SPSS. Based on simultaneous test results, the number of boards of directors, boards of commissioners, audit committees, the background of the audit committee have a significant influence on the investor's reaction to ROA as a control variable, but had no effect on the quality of financial statements.

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