Proceedings of the 6th International Accounting Conference (IAC 2017)

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50 articles
Proceedings Article

The Effect of Earnings Management on the Probability of Fraud and Financial Distress

Arief Kurniawan, Ancella Anitawati Hermawan
The objective of this research is to examine the effect of earnings management on fraud, and its subsequent influence on the probability of financial distress. Hypothesis testing is conducted using the logistic regression method with a sample of listed companies in Indonesia Stock Exchangefrom 2009 to...
Proceedings Article

Determinants of Local Government Performance in Indonesia

Dyah Setyaningrum, Dwi Martani
The purpose of this study is to analyze the determinants of the performance of local governments in Indonesia. We hypothesize that organizational commitment, management incentives, monitoring, legitimacy, and institutional incentives have positive effects on local government performance. Organizational...
Proceedings Article

The Effect of IFRS Convergence on Ownership of Foreign Investors in Indonesia

Anesella Shara, Aria Farah Mita
This research aims to provide empirical evidence on the effect of the convergence of IFRS on foreign ownership in Indonesia. Tests are carried out using models from Hamberg et al. (2013). The results of this study show that the convergence of IFRS increases the number and percentage of foreign ownership...
Proceedings Article

Tax Awareness of the Conceptions of Tax Compliance within Surabaya Society: A Study in Surabaya, Indonesia

Daniel Pandapotan, Christine Tjen
This research aimed to describe the tax awareness in the society of Surabaya located in District Mulyorejo as one of five districts which had tax arrears of about Rp31 billion. This research used a qualitative research method with a phenomenology paradigm. Informants in the study were citizens in District...
Proceedings Article

Transfer Pricing Analysis on Intra-Group Services and the Related Transfer Pricing Disputes from Indonesian Tax Perspectives

Beatrice Eka Putri P. Simamora, Ancella Anitawati Hermawan
After analyzing transfer pricing cases on intra-group services transactions in Indonesia which have been settled in the Indonesian Tax Court and/or Supreme Court within the year 2013 to the present day, the result shows that the corrections made by the Directorate General of Tax (“DGT”) on intra-group...
Proceedings Article

Critical Success Factors of the Implementation of Knowledge Management at PT XYZ

Raisiffah Kunthi, Dana Indra Sensuse, Robert P. Tobing
The rapid development of science and technologies can enhance competitiveness between companies. Organizations need to properly use their knowledge to gain competitive advantage. Organizations should implement knowledge management to maximize their knowledge. This study aims to determine the critical...
Proceedings Article

Corporate Governance and Risk Disclosure: Indonesian Evidence

Ajar Taru Seta, Dyah Setyaningrum
This study aims to investigate the effects of ownership structure, composition of board of directors and board of commissioner, and risk policy committees, on risk disclosure. We use 365 samples from Indonesia’s publicly listed companies in 2015 and the multiple regression method to test the hypotheses....
Proceedings Article

Forced Implementation of SFAS 108 on Islamic Insurance? An Interpretation Study of Gray and Sharia

Dodik Siswantoro
Financial Accounting Standard (FAS) No. 108 on Islamic Insurance, which has been effectively applied since 1 January 2010, has received many responses from related companies. Generally, they have not prepared for the standard. This is because extensive efforts are required for the implementation, for...
Proceedings Article

The Impact of Internet Financial Reporting Practices on the Company's Market Value: A Study of Listed Manufacturing Companies in Indonesia

Adityawarman Adityawarman, T.B.M Yusuf Khudri
This research aims to examine the impact of Internet Financial Reporting (IFR) practices on the market value of Indonesian manufacturing companies’ listed on the Indonesia Stock Exchange between 2015 and 2016. This research examines how information available on company websites affects a firm’s market...
Proceedings Article

Proposing Accountability Index for Indonesia’s Local Government

Dyah Setyaningrum
The purpose of the study is to develop a comprehensive accountability index for Indonesia’s local governments and to provide evidence regarding the relationship between an accountability index and corruption. We use data from a local government performance report from 2011-2014, identifying several indicators...
Proceedings Article

Analysis of Facts Underlying Judge’s Verdict in Resolving Dispute of Value Added Tax on Insurance Discounts and Sale of Repossessed Goods at Finance Company (Study of Tax Dispute Management Perspective)

Indra Himawan Adlan, Christine Tjen
Value Added Tax (VAT) is a tax which is determined by objective laws to which they are levied. In the process of the collection, often based on a difference in the interpretation of legal provisions between the taxpayer and the tax authorities that led to a tax dispute. One example is the imposition...
Proceedings Article

The Effect of Fiscal Incentive on Earning Management among Listed Companies in Indonesia

Dyah Raras Danastri, Christine Christine
This study aims to analyze how a fiscal incentive provided by the government to initiate investment will affect a company’s earning management. The fiscal incentive used in this study is the corporate tax rate reduction for listed companies based on Government Regulation (GR) No. 81/2007 and GR No. 77/2013....
Proceedings Article

Social Responsibility Disclosure, Corporate Governance and Cost of Equity Capital

I Made Pradana Adiputra, Sylvia Veronica Siregar, Ratna Wardhani
This study aims to examine whether social responsibility disclosure positively affects the cost of equity capital in the previous year and to test whether social responsibility disclosure negatively affects the cost of equity capital in companies with good corporate governance. The approach is based...
Proceedings Article

Factors that Influence Accounting Students' Interest in Becoming an Entrepreneur

Pintoro Melin, Wasilah Abdullah
This study aims to establish accounting students’ interest in choosing entrepreneurship as a career option based on the theory of planned behavior. The sample of this research are 2012 and 2013 cohort Accounting students at Universitas Indonesia. The results show that attitudes toward entrepreneurship...
Proceedings Article

The Influence of Financial Distress and Independence of Board of Commissioners on Tax Aggressiveness

Galih Prima Dhamara, Evony Silvino Violita
This research aims to examine the influence of financial distress and the independence of boards of commissioners on tax aggressiveness. The study uses 97 manufacture firms listed on the Indonesia Stock Exchange from 2010 to 2013. Using a regression method, the findings show that the financial distress...
Proceedings Article

Analysis of Implementation of Cooperatives Governance and the Level of Health of Baitul Maal wat Tamwil (BMT)

Dita Anggraini, Evony Silvino Violita
This study aims to analyze the implementation of cooperatives governance and the level of health of Baitul Maal wat Tamwil. The study uses qualitative methods alongside a case study approach in BMT Bersama Kita Berkah for the year 2014-2015. Scoring the results of the cooperatives governance index indicates...
Proceedings Article

Inventory Management Analysis and Improvement of Inventory Control Procedures: Case Study in the Secretariat of the Tax Court

Ferry Andika Harmen, Rafika Yuniasih
This study aims to analyze the inventory management and propose improvements to inventory control procedures at the Secretariat of the Tax Court. This study used a qualitative method with case study approach. This study describes the facts relating to inventory management activities, associated with...
Proceedings Article

Tax Treatment on the Amortization Expenses of Goodwill Arising from Acquisition as Deductible Expenses to Gross Income in the Calculation of Taxable Income

Alfian Dovi Pradana, Ning Rahayu
Tax audit by the Directorate General of Taxation (DJP) on PT A for several years has revealed legal uncertainty on the amortization expenses of goodwill of PT A for tax purpose. Such uncertainty is reflected in a number of Tax audit result Assessment Letters revealing inconsistent corrections on the...
Proceedings Article

The Effects of CEO Tenure on Earnings Management: The Role of CEO Career Origin and Affiliated Relationships

Massaid Bimo Setyawan, Viska Anggraita
Consensus about ownership concentration in Indonesian firms suggests that the agency problem in Indonesia is expected to be different from other countries. This study aims to review the impact of CEO career concerns on earnings management. The study uses the regression method with samples of CEOs of...
Proceedings Article

Does Integrated Reporting Approach Enhance the Value Relevance of Accounting Information?: Evidence from Asian Firms

Kenny Fernando, Rina Dharmawati, Dewi Sriani, Elvia R. Shauki, Vera Diyanty
This study aims to investigate the effect of Integrated Reporting () on the relevance of accounting information: evidence from ASIA. By conducting regression analysis on 195 firm-years from listed companies on The International Integrated Reporting Council between 3 years. is measured by coverage ration...
Proceedings Article

IFRS Adoption, Earnings Management and Investor Protection in Several Asian Countries

Fathiah Rahmaningtyas, Aria Farah Mita
This research aims to examine whether the adoption of IFRS decreases earnings management in companies from Asian countries. It also considers the impact of country-level investor protection on the adoption of IFRS that would affect earnings management. The Kothari, Leone and Wasley1 model is used to...
Proceedings Article

The Effect of Technology Infrastructure in Customer Relationship Management on Profit Increases with Customer Relationship Management (CRM) Process Mediation: An Empirical Study of the Indonesian Banking Industry

Tami Sitorus, Machmudin Eka Prasetya
This research studies the effect of technology infrastructure in CRM on profit increases with CRM process mediation. It was conducted on conventional banks listed on the Financial Service Authority (OJK), whose Head Office is located on DKI Jakarta, excluding foreign banks and Islamic banks. The study...
Proceedings Article

An Analysis of Forward-Looking Disclosures, Corporate Governance and the Ability to Anticipate Future Earnings: Empirical Evidence from Indonesia

Annisa Maghfira, Elok Tresnaningsih
This study aims to examine the effect of corporate governance, as measured by the effectiveness of the board of commissioners, the effectiveness of the directors, as well as the concentration of ownership to the level of mandatory forward-looking disclosures in the annual report. This study also aims...
Proceedings Article

The Role of Corporate Governance in Financial Derivative Utilization for Corporate Tax Avoidance: Evidence from an Emerging Market

Chunique Galuh Mayanggara, Ratna Wardhani
This research aims to analyze the role of financial derivatives utilization in corporate tax avoidance, and the moderating role of good corporate governance implementation on this relationship. Using data for non-financial companies listed in the Indonesian Stock Exchange for the period 2012-2014, this...
Proceedings Article

The Impact of Each Element of Corporate Social Responsibility Disclosure on Firm Value

Claudia Maharani Kristyanto, I Putu Sugiartha Sanjaya
The research examines the impact of each element of corporate social responsibility on firm value. The research uses 148 samples that are taken from 74 manufacturing companies that are listed on the Indonesia Stock Exchange (IDX) from 2012-2013. Firm value is measured using Tobin’s Q and each element...
Proceedings Article

The Effect of Capital Expenditure and Market Share on Profits per Region in an Indonesian Mobile Telecommunications Company

Nursakti Niko Rosandy, Aria Farah Mita
This research aims to examine the effect of capital expenditure (CAPEX) and market share on profits per region in an Indonesian mobile telecommunications company. This research uses all regions (10) during the period 2009-2016 (8 years), resulting in 80 observations. The research uses a panel data regression...
Proceedings Article

The Implementation of the End-User Computing Satisfaction Model into SCeLE: A Study of the Undergraduate Program of the Accounting Department in Universitas Indonesia

Mohamad Jatiardi Fitriantoro, Nurul Husnah
This research aims to analyze the factors that affect the user satisfaction of the Student Centered e-learning Environment (SCeLE) in the Undergraduate Student of Accounting Department of the Faculty of Economics and Business, Universitas Indonesia, by implementing the End-User Computing Satisfaction...
Proceedings Article

The Effect of Earnings Management Practice on Corporate Borrowing Capacity through Corporate Reputation

Andy Setiawan, Ancella Anitawati Hermawan
This research is conducted to determine the association between earnings management practice and corporate borrowing capacity through corporate reputation. Earnings management practice is measured by discretionary accruals based on the Modified Jones Model. Hypotheses are tested using multiple regression...
Proceedings Article

Does the Gender of CEOs and CFOs Affect Earnings Management?

Rachel Puspa, Desi Adhariani
This study assesses the effect of the gender of chief executive officers (CEOs) and chief financial officers (CFOs) on corporate earnings management. Samples were collected from manufacturing firms listed in the Indonesia Stock Exchange in the period of 2012-2014. The results of the study reveal that...
Proceedings Article

Reconstruction of the Accounting System for the Bioposka Fertilizer Inventory: The Application of Soft Systems Methodology in the Botanic Garden of Indonesia

Santiecha Santiecha, Deddi Nordiawan
The government must have an accounting system that contains the procedures for and requirements of managing resources owned, as a reliable accounting system is a reflection of the government’s accountability for the public and is useful in designing policies to realize good governance. This study identifies...
Proceedings Article

Financial Report for Micro, Small, and Medium Enterprise According to Financial Accounting Standards: Case Study Rafita Cake

Rahmad Firdaus, Ludovicus Sensi Wondabio
The main obstacle faced by SME’s is capital problem. To overcome this problem, in 2007 the President launched the Kredit Usaha Rakyat (KUR) program whose guarantee was facilitated by the government. In practice, the realization of KUR is still far from the target, the reason is the bank did not get enough...
Proceedings Article

Analysis of Assets Revaluation Policy due to Tax Incentives in 2015

Agus Adiwahana, Dwi Martani
This research examines the implications and impacts of assets revaluation policy due to tax incentives in 2015. This research adopted descriptive and narrative method. The results showed that there is an increase number of companies which opt for assets revaluation policy because of the incentives. Companies...
Proceedings Article

Analysis of Value-Added Tax Treatment of Unit Linked Life Insurance Services

Muhammad Ravin Alhakim, Yohanes Yohanes
Unit linked insurance companies have two activities, namely assurance services and investment management services. The purpose of this study is to analyze whether or not unit linked life insurance services are included in the terms of Taxable Services that impose Value Added Tax (VAT), and how the imposition...
Proceedings Article

Internal Control Analysis of Project-Budget Realization In Order To Increase Budgetary Control At PT ABC

Fransisca Utami, Siti Nurwahyuningsih Harahap
The purpose of this study is to conduct an internal control analysis of project budget realization based on the Committee of Sponsoring Organizations of the Treadway Commission’s (COSO’s) Internal Control - Integrated Framework. This study is a qualitative case study at a construction company located...
Proceedings Article

The Application of the Contingency Model and Soft Systems Methodology to Reconstruct the Intergovernmental Transfer System: Lessons Learned from the Implementation of Accrual-Based Accounting in Indonesia

Arifudin Miftakhul Huda, Deddi Nordiawan
Indonesia has implemented an intergovernmental transfer system since 1999, in order to achieve financial balance in governmental entities. When accrual-based accounting was introduced to governmental entities, the intergovernmental transfer system experienced some problematic situations. This research...
Proceedings Article

The Design of a Risk-Based Performance Audit Program for Court-Fee Management for the Comptroller of Supreme Court of Indonesia

Reisya Ibtida, Bambang Pamungkas
This research aimed to design a risk-based performance audit program for court-fee management for the comptroller of the Supreme Court of Indonesia by analyzing the implementation of the existing audit-planning process. This research is qualitative research with descriptive analysis. It used responses...
Proceedings Article

Implementation of Intangible Assets Accounting in the Ministry of Public Works and Public Housing Analysis

Aditya Aditya, Ayuningtyas Hertianti
This research uses a case study that aimed to analyze the implementation of intangible asset accounting at the Ministry of Public Works and Public Housing (MoPWH), the weaknesses of intangible asset accounting implementation in the MoPWH, and providing solutions to overcome the weaknesses of intangible...
Proceedings Article

Evaluation of Internal Control over Financial Reporting Designed on Tax Receivable Management: A Case Study on Tax Receivable Management Cycle at the Directorate General of Taxes

Asrulsani Muhamad, Trisacti Wahyuni
The purposes of this research are to assess the adequacy of the control design and to propose improvements to Internal Control over Financial Reporting that can be utilized by the Directorate General of Taxes as a manager of tax receivable in support of transparency and accountability of the government...
Proceedings Article

Administration and Control Optimization for the Alliance Project for Natural Disaster Logistics Management: The Application of Soft Systems Methodology at the Directorate of Social Protection for Natural Disaster Victims

Achmad Fauzi, Deddi Nordiawan
The irregularities in the number, timing, and location of requests for logistical assistance for disasters are features that must be addressed by existing disaster-management systems. Furthermore, a disaster-logistics-management system also has the important and critical objectives of victim survival...
Proceedings Article

Analysis of Gender Responsive Planning and Budgeting (Case Study: Ministry of Finance)

Leisha Wahyu Nurindahsari, Trisacti Wahyuni
The existence of agreements throughout the world to end all forms of discrimination and to achieve gender equity encourages the implementation of gender responsive planning and budgeting (GRPB). This study aims to provide an overview of the GRPB implementation in the Ministry of Finance (MOF), Indonesia....
Proceedings Article

Analysis on the Tax Court Decision on the Deductibility and Arm’s Length Price of Royalty Payment (Case Study of PT A and PT B)

Nurfasti Dwi Nugraheni, Christine Tjen
This study aims to understand the underlying considerations of the tax court decisions on PT A and PT B related to identifying the existence and validity of royalty payments for technology (know-how) and trademarks, to assess the conformity of those decisions to the arm’s length principle in the Organization...
Proceedings Article

Analysis of the Application of the Regional Financial Management Information System in the Special Capital Region of Jakarta

Putri Amalia, Dodik Siswantoro
The purpose of the study is to analyze the use of the Financial Management Information System (Sistem Pengelolaan Keuangan Daerah) (SIPKD) by the Jakarta Provincial Government. This research used four variables recommended for analyzing a computer-based information system, which are the security, response-time,...
Proceedings Article

The Prophet’s Public Budget and its Relevancy to the Indonesian Context

Dodik Siswantoro
This research seeks to analyze the relevance of Prophet Muhammad’s (peace be upon him) (PBUH) type of governmental budget in the current Indonesian context, in which Muslims constitute the biggest population. In its early stage of development, Islam grew and spread rapidly after the Prophet moved to...
Proceedings Article

Impact of Corporate Governance on Credit Rating

Christi Karolina Tarigan, Fitriany Fitriany
This study aims to examine whether corporate governance affects a firm’s credit rating. Corporate governance is examined from the aspects of company structure (number of directors, number of commissioners, and proportion of independent commissioners), ownership structure (institutional ownership, number...
Proceedings Article

Impact of Abnormal Audit Fee on Audit Opinion

Louis Bernardus Dupa Sangkrista, Fitriany Fitriany
The objectives of this research are to investigate whether abnormal audit fees affect the probability of audit opinion deteriorating, and whether abnormal audit fees influence the probability of receiving unqualified auditing opinions. Abnormal audit fees comprise the difference between the actual audit...
Proceedings Article

Is Environmental Performance Valued by Investors? The Case of Indonesian Listed Companies

Felisha Felisha, Hilda Rossieta
This study aimed to investigate whether environmental performance is valuable to investors. Lower environmental performance is associated with higher litigation and sustainability risk; therefore, investors will ask for a higher return premium for low environmental performance, and vice versa. This study...
Proceedings Article

Fair Value in the Islamic Perspective: Jakarta Islamic Index (JII) Companies’ Cases

Maisya Pratiwi, Dodik Siswantoro
This study aims to determine whether the companies listed in the Jakarta Islamic Index (JII) have assets or liabilities that are measured at fair value, where assets or liabilities measured in this way are likely to be used to form the basis of measurement of corporate zakat. This study uses companies...
Proceedings Article

Value Relevance, Earnings Management, and Related Party Transactions

Doli Martua Nasution, Aria Farah Mita
This study investigates whether abnormal related party transactions as a proxy of earnings management reduce the value relevance of earnings announcements. Based on a sample of firms listed on the Indonesia Stock Exchange from 2010 through 2014, this study documents that listed firms in Indonesia conduct...
Proceedings Article

The Effect of Corporate Governance on Sharia Corporate Performance in Indonesia

Roghiebah Jadwa Faradisi, Dyah Setyaningrum
This research aims to examine the effect of corporate governance on Sharia corporate performance. Corporate governance is measured using the effectiveness of Boards of Commissioners and Audit Committees. We score this effectiveness using the activity, competency, size and independence of the Board of...
Proceedings Article

A Financial Optimization Model as a Business Model for Measuring and Managing the Value of Companies: In the Context of Good Corporate Governance (GCG)

Siti Nuryanah
The purpose of this paper is to develop an integrated financial model using an optimization approach as a business model for measuring and managing the value of companies to achieve Good Corporate Governance (GCG). The model uses the discounted cash flow valuation model and is based on accurate and reliable...