FIRM VALUE PERFORMANCE: PROFITABILITY PERSPECTIVE AND CAPITAL STRUCTURE AT STATE-OWNED BANK

This study aims to determine the relationship and influence of profitability variables and capital structure on firm value toward BUMN's bank listed stated-owned enterprises 2014-2018 in Indonesia. The method of determining the sample is pooling data that examines the entire population and found as many as 4 companies using multiple linear regression with SPSS 23.0 analysis technique. Based on the results of the analysis found that profitability has a significant effect on firm value. Capital structure has no significant effect on firm value.

PENGARUH KEJELASAN SASARAN ANGGARAN , PENGENDALIAN AKUNTANSI, SISTEM PELAPORAN DAN PEMANFAATAN TEKNOLOGI INFORMASI TERHADAP AKUNTABILITAS KINERJA INSTANSI PEMERINTAH DAERAH (AKIP) (STUDI PADA ORGANISASI PERANGKAT DAERAH KABUPATEN ROKAN HILIR)

Penelitian ini bertujuan untuk menguji : (1) pengaruh kejelasan sasaran anggaran terhadap akuntabilitas kinerja instansi pemerintah daerah, (2) pengaruh pengendalian akuntansi terhadap akuntabilitas kinerja instansi pemerintah daerah, (3) pengaruh sistem pelaporan terhadap akuntabilitas kinerja instansi pemerintah daerah, (4) pengaruh pemanfatan teknologi informasi terhadap akuntabilitas kinerja instansi pemerintah daerah. Populasi dalam penelitian ini adalah 26 Organisasi Perangkat Daerah Kabupaten Rokan Hilir. Dalam penelitian ini, sampel yang digunakan yaitu berjumlah 51 Responden dengan menggunakan metode proportional stratified random sampling. Penelitian ini menggunakan data primer dengan meyebarkan kuesioner. Metode analisis yang digunakan dalam penelitian ini adalah analisis regresi linear berganda. Alat analisis yang digunakan dalam penelitian ini adalah Stastistical Product and Service Solution (SPSS) versi 23.0. Hasil penelitian ini menunjukkan bahwa : (1) kejelasan sasaran anggaran berpengaruh terhadap akuntabilitas kinerja instansi pemerintah daerah dengan tingkat signifikan 0,000 < 0,05, (2) pengendalian akuntansi berpengaruh terhadap akuntabilitas kinerja instansi pemerintah daerah dengan tingkat signifikan sebesar 0,000 < 0,05, (3) sistem pelaporan berpengaruh terhadap akuntabilitas kinerja instansi pemerintah daerah dengan tingkat signifikan 0,000 < 0,05, (4 ) pemanfatan teknologi informasi berpengaruh terhadap akuntabilitas kinerja instansi pemerintah daerah dengan tingkat signifikan 0,000 < 0,05

PENGARUH CASH HOLDING DAN FINANCIAL LEVERAGE TERHADAP PERATAAN LABA (INCOME SMOOTHING) DENGAN GOOD CORPORATE GOVERNANCE SEBAGAI VARIABEL MODERATING

Tujuan dari penelitian ini adalah untuk menguji pengaruh cash holding dan financiallleverage terhadap perataan laba (income smoothing) dengan goodlcorporatelgovernancelsebagai variabel moderating. Penelitian ini menggunakan perusahaan manufaktur yang terdaftarldi Bursa Efek Indonesia (BEI) tahun 2017-2019 sebagai sampel. Sampel penelitian ini berjumlah 174 perusahaan yang dipilih dengan metode purpossive sampling, dengan periode pengamatan 3 tahun. Metode yang digunakan untuk menganalisis hubungan antar variabel adalah metode regresi logistik. Berdasarkan hasil penelitian dapat diperoleh simpulan bahwa cash holding tidaklberpengaruh terhadap perataan laba (income smoothing), financial leverage berpengaruh terhadap perataan laba (income smoothing), good corporate governance tidak mampu memperlemah pengaruh cash holding terhadap perataan laba (income smoothing), dan good corporate governance mampu memperlemah pengaruh financial leverage terhadap perataan laba (income smoothing).

IMPLEMENTASI KEBIJAKAN AKUNTASI PEMERINTAH DALAM MANAJEMEN ASET TETAP SATUAN KERJA

Setiap aset tetap dimiliki dan/atau dikuasai oleh satuan kerja pemerintah pusat merupakan bagian dari kekayaan negara yang akan disajikan dalam Laporan Keuangan Pemerintah Pusat. Akuntansi aset tetap hingga menghasilkan LKPP dilakukan dengan basis kas yang diatur dalam Buletin Teknis 15 tentang Akuntansi Aset Tetap Berbasis Akrual. Rumusan masalah yang dibahas adalah implementasi kebijakan akuntansi mulai dari klasifikasi, pengakuan, pengukuran, penyusutan, serta penyajian dan pengungkapan aset tetap pada satuan kerja pemerintah. Adapun tujuannya adalah untuk melihat keakuratan implementasi kebijakan akuntansi aset tetap pada satuan kerja pemerintah. Satuan kerja pemerintah yang menjadi objek penelitian adalah kantor daerah dari salah satu kementerian yang berada di Provinsi Lampung. Pengambilan data penelitian dilakukan dengan metode wawancara dan dokumen.

RETURN PASAR MODAL DAN PASAR RAKYAT?

The value relevance according to Beaver (1968) is the explanatory power of accounting information, for example accounting earnings and book value are related to firm value represented by stock prices. The phenomenon is that many players from the capital market are carried out by the middle to upper class, even though on the other hand there are small investments that also generate returns, for example the traditional market. This study examines the differences in the value relevance of the capital market and the traditional market to obtain empirical evidence about the relevance of the value of stock returns between the capital market and the traditional market. This research was conducted around the scope of the Indonesian Capital Market (IDX) and Traditional Markets in the Mataram area. The results showed that the value of traditional market returns was more profitable than the capital market.

REAKSI PASAR SAHAM PERUSAHAAN FARMASI SEBELUM DAN SESUDAH COVID-19 DI INDONESIA

The COVID-19 pandemic has had an impact on social and economic activities that have an impact on stock market conditions in the world, including Indonesia. This study identified differences in stock prices and stock trading volumes (TVA) of companies in the pharmaceutical sector before and after the announcement of the first COVID-19 case in Indonesia. The sample used is 10 pharmaceutical sector companies listed on the Indonesia Stock Exchange (IDX). The method used in this research is an event study using paired sample t-test. Based on the test results, there was a difference in prices before and after the announcement of the first COVID-19 case in Indonesia, but there was no difference in trading volume testing.

PENGARUH PROFITABILITAS, LIKUIDITAS, DAN SOLVABILITAS TERHADAP OPINI AUDIT GOING CONCERN

This study aims to test the effect of profitability, liquidity, and solvency to the audit opinion going concern. Testing was conducted at 125 sample of the company service sector listed on the Indonesia Stock Exchange (IDX) in the 2015-2019. This type of research is associative research that aims to know the effect of profitability, liquidity, and solvency on audit opinion going concern. The type of research data is quantitative data with secondary data obtained from the company’s financial statements accessed through the website official IDX and each sample company. Data processing techniques using logistic regression analysis methods with IBM SPSS software application 25. The result of this study indicate that profitability and liquidity have not significant effect on the audit opinion going concern, while but solvency has an significant effect on the audit opinion going concern. Research results can implications for corporate managers, auditors, investors, and creditors in making decisions and analyzing financial condition of the company that was threatened to get audit opinion going concern where it can establish the right policy for the condition.

IMPLEMENTASI METODE FIFO DALAM PERHITUNGAN NILAI PERSEDIAAN PADA PT.X DISTRIBUTOR MAKANAN DI JAWATIMUR

Inventory is a set of assets held for resale. The assessment of the value of inventories has an important role in two financial reports at the same time, namely in the presentation of the balance sheet and the exposure in the income statement. In general, the inventory valuation method is divided into three, namely First In First Out, Last in First Out and Average. PSAK No. 14 states that except for companies that have inventories that are specially produced and cannot be replaced with other inventories, these inventories are usually valued using the First In First Out method. PT X is a snack food distributor company in East Java which conducts an inventory assessment using the Last In First Out method, which is not in accordance with the exposure of PSAK No. 14. This research was conducted using a descriptive qualitative method. This study aims to present the results of the implementation of the First In First Out inventory valuation method at PT X. The results of this study explain that the implementation of the First In First Out valuation method can provide a more reasonable exposure to inventory valuation because companies with inventory classified as easily damaged such as PT X, the First In First Out method can provide inventory valuation exposure that is adjusted to the movement of goods in and out.

OPTIMALISASI PENGELOLAAN DANA ALOKASI KHUSUS (DAK) UNTUK MENDORONG PERTUMBUHAN PEMBANGUNAN DAERAH DI INDONESIA

Desentralisasi fiscal di Indonesia akhir-akhir ini terus meningkat dari segi jumlah dananya. Salah satunya melalui transfer Dana Alokasi Khusus (DAK), selain Dana Bagi Hasil (DBH) dan Dana Alokasi Umum (DAU). Tujuan transfer ke daerah adalah untuk mendorong pemerataan dan pertumbuhan pembangunan di daerah. Penelitian ini bertujuan menguji dampak DAK yang terinci dalam berbagai bidang terhadap pertumbuhan Pembangunan daerah. Analisis data penelitian ini menggunakan Human Development Indexs untuk mengukur pertumbuhan pembangunan, dan menggunakan regresi data panel dari realisasi DAK kabupaten/kota per bidang se Indonesia, ditambah faktor pertumbuhan ekonomi, opini laporan keuangan, jenis pemerintah daerah dan lokasi daerah. Hasil analisis mengindikasikan bahwa dampak sebagian besar DAK bidang tertentu berpengaruh positif, sebagian lagi berpengaruh negatif, dan ada juga yang tidak berpengaruh. Dari Penelitian ini pengambil kebijakan dapat mencari langkah optimalisasi penyaluran dan penggunaan DAK dalam rangka desentrasisasi fiscal.

EVALUASI APLIKASI SISTEM KEUANGAN DESA (SISKEUDES)

This study aims to evaluate Siskeudes V2.0. R.0.1., from the system and its output, which is also analyzed is related to the measurement of efficiency and effectiveness of the use of village funds. Data collection is done by evaluating the application system, and calculating the financial ratio of siskeudes application output, in villages in West Lombok Regency. In terms of system evaluation, as a connection effect between the planning and budgeting stages, implementation and administration, to financial reporting, traceability and connectivity Siskeudes V2.0 R.0.1. better than Siskeudes V1.0.R1.06. The existence of the Activity Package in budgeting and implementing expenditures also makes it easier for the village government to make village financial statements. From the point of view of the village government, the average person has been able to estimate the using of funds and allocation in the activities field. Thus, the ability of the village government in West Lombok Regency in estimating routine expenditures and village capital expenditures (harmony), which has an effect on the efficiency and effectiveness of village funds, has been good. As a suggestion, because there is no automatic measurement of financial efficiency and effectiveness in Siskeudes to measure the financial performance of village governments, researchers advised the Ministry of Finance and the Ministry of Home Affairs to draw up regulations for calculating village financial ratios, as well as integrate them in Siskeudes applications.