AKUA: Jurnal Akuntansi dan Keuangan
type: channel
description: Journal Title : Jurnal Akuntansi dan Keuangan Language : Indonesia e-ISSN : 2809-851X p-ISSN : 2810-0735 Frequency : 4 issues per year (January, April, July and October) Publisher : Yayasan Pendidikan Penelitian Pengabdian Algero DOI : doi.org/10.54259/akua Citation Analysis : Google Scholar Editor-in-chief : Romindo Email : jurnal.akua@gmail.com Jurnal Akuntansi dan Keuangan yang disingkat AKUA adalah Jurnal yang diterbitkan empat kali setahun pada bulan Januari, April, Juli dan Oktober oleh Yayasan Pendidikan Penelitian Pengabdian Algero. Jurnal ini merupakan jurnal yang dapat akses secara terbuka bagi para Peneliti, Dosen dan Mahasiswa yang ingin mempublikasikan hasil penelitiannya di bidang akuntasi dan keuangan. Jurnal Akuntansi dan Keuangan mengundang manuskrip tentang berbagai topik selain bidang fungsional akuntansi dan keuangan, seperti: pasar sekuritas, akuntansi manajemen, sistem informasi akuntansi, audit, perpajakan dan berbagai topik yang relevan dalam bidang akuntansi dan keuangan.
publisher: Yayasan Pendidikan Penelitian Pengabdian Algero
language: en-US
publication name: AKUA: Jurnal Akuntansi dan Keuangan
issn: 2810-0735
copyright: Hak cipta pada setiap artikel adalah milik penulis. Penulis mengakui bahwa AKUA (Jurnal Akuntansi dan Keuangan) sebagai publisher yang mempublikasikan pertama kali dengan lisensi Creative Commons Attribution 4.0 International License. Penulis dapat memasukan tulisan secara terpisah, mengatur distribusi non-ekskulif dari naskah yang telah terbit di jurnal ini kedalam versi yang lain, seperti: dikirim ke respository institusi penulis, publikasi kedalam buku, dan lain-lain. Dengan mengakui bahwa naskah telah terbit pertama kali pada AKUA (Jurnal Akuntansi dan Keuangan).
items: Keadilan Distributif dan Prosedural: Kunci Kepuasan Kerja dalam Arsitektur Remunerasi
items: Pengaruh Kepatuhan Laporan Keuangan, Pemanfaatan Teknologi Informasi, Pengendalian Internal terhadap Pencegahan Fraud Pengelolaan Dana Desa
items: Pengaruh Good Corporate Governance terhadap Pemilihan Auditor (Studi Empiris pada Perusahaan Sektor Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2022-2024)
items: Governing AI in Management Accounting: Evidence from an Emerging Industrial Economy
items: Pengetahuan Akuntansi dan Penggunaan E-Commerce dalam Mendukung Pertumbuhan UMKM
items: Determinan Manajemen Laba: Bukti Empiris Ukuran Perusahaan, Leverage, dan Tax Planning pada Perusahaan LQ45 Periode 2022–2025
items: Profil Risiko dan Imbal Hasil pada Perusahaan Pemerintah: Bukti Empiris dari Bursa Efek Indonesia
items: Pengaruh Literasi Keuangan dan Inklusi Keuangan terhadap Kinerja Keuangan UMKM dengan Digital Keuangan sebagai Variabel Mediasi
items: Pengaruh Implementasi Sistem Informasi Akuntansi dan Digital Accounting terhadap Efisiensi Operasional dengan Kompetensi SDM sebagai Variabel Mediasi di Kota Medan
items: Persepsi dan Tantangan Pengguna terhadap Implementasi Core Tax Administration System (Coretax) di Indonesia
items: Pengaruh Struktur Modal dan Inflasi terhadap Profitabilitas Perusahaan Consumer Non-Cyclicals di Indonesia Periode 2022 - 2024
items: Pengaruh Perencanaan Pajak, Beban Pajak Tangguhan dan Aset Pajak Tangguhan terhadap Manajemen Laba Dimoderasi Leverage
items: Studi Kelayakan dan Lean Canvas Hotel Universitas Padjadjaran pada Aset Cikeruh 07 Jatinangor
items: Pengungkapan Emisi Karbon dan Nilai Perusahaan: Bukti Empiris Peran Mediasi Profitabilitas
items: Environmental Management Accounting dan Eco-Innovation terhadap Kinerja Keuangan Berkelanjutan melalui Efisiensi Biaya
items: Determinan Kualitas Audit: Etika, Fee, dan Motivasi Auditor
items: Pengaruh Kinerja Lingkungan dan Kinerja Sosial terhadap Kinerja Keuangan dengan Firm Size sebagai Moderasi
items: Pengaruh Pengungkapan Sustainability Report terhadap Kinerja Keuangan pada Perusahaan Sub Sektor Tembakau yang Terdaftar di BEI
items: Analisis Kinerja Model Parametrik, Non-Parametrik, dan Semi-Parametrik Value at Risk Saham Perbankan KBMI IV pada Periode Stabil dan Krisis Covid-19
items: Financial Statement Fraud in Indonesia’s Energy Sector Companies: Does Governance Disclosure Matter?
items: Mengurai Audit Report Lag: Apakah Financial Distress Mengubah Peran Komite Audit, Audit tenure, dan Reputasi Auditor?
items: Pengaruh Kesiapan Organisasi dan Kompetensi Auditor terhadap Keamanan Data Audit pada PT. Agrobisnis Banten Mandiri (Perseroda) Kota Serang
items: Pengaruh Risiko Kredit, Likuiditas, Permodalan, Ukuran Bank, dan Kinerja Intermediasi terhadap Profitabilitas Bank Pembangunan Daerah di Indonesia
items: Analisis Pengaruh Tax Haven Utilization, Thin Capitalization dan Intangible Assets terhadap Tax Avoidance dengan Transfer Pricing sebagai Variabel Mediasi
items: Ketika Startup Gagal: Analisis Red flags untuk Membedakan Business Failure, Governance Failure, dan Fraud Risk pada TaniHub, Investree, dan eFishery
items: Political Connections, Female on Board, dan Audit Committee dalam Praktik Earnings Management: Apakah CEO Tenure Memperkuat Hubungan Tersebut?
items: Likuiditas, Solvabilitas, dan Nilai Perusahaan Subsektor Food and Beverage: Peran Ukuran Perusahaan sebagai Variabel Moderasi
items: Shifts in the Dynamics of the Global Financial System: Implications for Macroprudential Policy in the Digital Era
items: Pengendalian Defisit Layanan JKN: Dashboard Cost Recovery Rate Berbasis Digital Accounting
items: Determinasi Agresivitas Pajak: Peran Karakteristik Perusahaan dan Tata Kelola Perusahaan pada Perusahaan Sektor Energi Terdaftar di Bursa Efek Indonesia Tahun 2021-2024
items: Pengaruh Profitabilitas, Leverage, dan Likuiditas terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Variabel Moderasi pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2024-2025.
items: Pengaruh Struktur Modal, Profitabilitas, dan Likuiditas terhadap Nilai Perusahaan dengan Variabel Moderasi Asset Turnover Ratio
items: Analisis Rekonsiliasi Fiskal dalam Penentuan Penghasilan Kena Pajak pada PT XYZ Tahun Pajak 2025 di Era Coretax

Keadilan Distributif dan Prosedural: Kunci Kepuasan Kerja dalam Arsitektur Remunerasi
type: item
description: This study aims to analyze the influence of distributive justice and procedural justice on job satisfaction of UIN Sultan Maulana Hasanuddin Banten employees in the Public Service Agency (BLU) remuneration scheme. Using a quantitative approach, a sample of 83 employees was purposively selected. The research instrument adopted the Colquitt scale and organizational behavior indicators with a Likert scale of 1–5. Data quality testing results showed all items were valid and reliable. The classical assumption test was met without multicollinearity or heteroscedasticity constraints. Multiple linear regression analysis produced the equation: Y = 19.966 + 0.215X1 + 0.202X2. Partially, both variables had a significant effect (p < 0.05). Simultaneously, the model proved significant (F = 8.135; p = 0.001) with an R2 value of 0.169, indicating a 16.9% contribution of the justice variable to job satisfaction. These findings confirm that job satisfaction is influenced by outcome justice (performance-based remuneration) and process justice (transparency and consistency of rules). Managerial recommendations include strengthening two-way communication, ensuring accurate performance data, and fostering participatory policy correction mechanisms. This research expands the literature on organizational justice at State Islamic Religious Universities (PTKIN) and provides direction for further research.
creator: Sanawi Sanawi
creator: Ilham Hibatullah
creator: Muhamad Lulu Kamaludin
creator: Trisna Taufik Darmawansyah
rights: Copyright (c) 2026 Sanawi Sanawi, Ilham Hibatullah, Muhamad Lulu Kamaludin, Trisna Taufik Darmawansyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 620
ending page: 628
doi: 10.54259/akua.v5i3.7291

Pengaruh Kepatuhan Laporan Keuangan, Pemanfaatan Teknologi Informasi, Pengendalian Internal terhadap Pencegahan Fraud Pengelolaan Dana Desa
type: item
description: Village fund management in Indonesia still faces serious challenges due to high levels of fraud, including corruption, fraudulent statement, and asset misappropriation. This situation requires more effective prevention systems based on transparency, accountability, and digitalization. This study aims to examine the influence of Financial Reporting Compliance, Information Technology Utilization, and Internal Control on Fraud Prevention in Village Fund Management. The research was conducted in Malaka Barat District using a quantitative approach and Structural Equation Modeling–Partial Least Squares (SEM-PLS). A total of 96 respondents, consisting of village heads and village officials from 12 villages, were selected through purposive sampling, based on their active involvement in managing village funds. The findings reveal that Financial Reporting Compliance and Information Technology Utilization significantly affect Fraud Prevention, while Internal Control does not show a statistically significant effect. Nevertheless, the effect size (f²) indicates that Internal Control contributes moderately at a structural level. These results suggest that reporting practices and digitalization serve as key drivers in building an effective fraud prevention system within village governance. This study contributes theoretically to the development of fraud prevention models in the public sector and offers practical recommendations for village governments to strengthen reporting mechanisms and optimize the use of information technology.
creator: Valerianus Bria
creator: Fitriana Fitriana
creator: Zaenal Aripin
rights: Copyright (c) 2026 Valerianus Bria, Fitriana Fitriana, Zaenal Aripin https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 629
ending page: 636
doi: 10.54259/akua.v5i3.7383

Pengaruh Good Corporate Governance terhadap Pemilihan Auditor (Studi Empiris pada Perusahaan Sektor Manufaktur yang Terdaftar di Bursa Efek Indonesia Periode 2022-2024)
type: item
description: This study examines the importance of auditing in ensuring transparency and credibility of financial statements and highlights inconsistencies in prior findings regarding the influence of Good Corporate Governance (GCG) on auditor selection. The objective is to analyze the effect of board structure, institutional ownership, ownership structure, firm risk, and firm size on auditor choice in manufacturing companies listed on the Indonesia Stock Exchange during 2022–2024. This research employs a quantitative approach with a causal design using panel data derived from secondary sources. Data were analyzed using logistic regression to test the effect of independent variables on auditor selection as a dummy variable. The results show that board structure, institutional ownership, and firm size have a positive and significant effect on auditor selection. Conversely, ownership structure has no significant effect, while firm risk shows a significant negative effect on the likelihood of choosing Big Four auditors. The model demonstrates good predictive ability and explains 42% of the variation in auditor selection decisions. In conclusion, not all GCG mechanisms consistently influence auditor selection, as internal company characteristics remain key determinants in audit decisions.
creator: M. Bassu Airlangga
creator: Tertiarto Wahyudi
creator: Emylia Yuniarti
creator: Nilam Kesuma
rights: Copyright (c) 2026 M. Bassu Airlangga, Tertiarto Wahyudi, Emylia Yuniarti, Nilam Kesuma https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 637
ending page: 650
doi: 10.54259/akua.v5i3.7392

Governing AI in Management Accounting: Evidence from an Emerging Industrial Economy
type: item
description: The increasing use of artificial intelligence (AI) in management accounting offers significant potential for improving information quality while simultaneously raising concerns about accountability and managerial decision discipline, particularly in emerging industrial contexts. This study aims to explore in depth how AI governance is practiced within management accounting systems and how management control mechanisms frame AI use to support accountability and organizational value creation. The study draws on the literature on management accounting digitalization, AI governance, and management control theory. A qualitative case study approach was employed in the Batam industrial area, using semi-structured interviews, internal document analysis, and limited observation, with data analyzed through thematic analysis. The findings indicate that AI is predominantly positioned as decision support rather than a decision driver, enhancing managerial sensemaking while preserving human judgment through decision ownership, review routines, and documentation. These results suggest that the value of AI in management accounting depends less on technological sophistication and more on the maturity of governance and control mechanisms that ensure disciplined and accountable decision-making.
creator: Martius Martius
creator: M. Iqbal Yusuf Conoras
creator: Desti Asfina
rights: Copyright (c) 2026 Martius Martius, M. Iqbal Yusuf Conoras, Desti Asfina https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 651
ending page: 658
doi: 10.54259/akua.v5i3.7415

Pengetahuan Akuntansi dan Penggunaan E-Commerce dalam Mendukung Pertumbuhan UMKM
type: item
description: This research study aims to examine and understand accounting knowledge and the use of e-commerce in supporting the growth of MSMEs in East Medan District. The implementation uses a qualitative perspective focused on associative relationship patterns between variables. The study population consisted of 448 MSME actors or owners who run food and beverage business units located in East Medan District. The research sample was selected purposively by referring to a number of considerations and certain criteria and obtained a total of 83 MSME actors, with the number of samples calculated using the Slovin formula. The data in this study were collected through the distribution of questionnaire instruments to respondents. Furthermore, the data were processed and analyzed using a descriptive statistical approach and multiple linear regression analysis, which was also supported by testing the validity, reliability, classical assumptions, partial tests, simultaneous tests, and the magnitude of the contribution of variables that play a role in the influenced variables. The arrangement and analysis of data in this study were carried out using SPSS version 31.00. Partially, the research shows that accounting knowledge has a significant positive contribution to the growth of MSMEs in East Medan District. Furthermore, the use of e-commerce has also been shown to have a directional and meaningful impact on the growth of MSMEs in East Medan District. Simultaneously, mastery of accounting knowledge and the use of e-commerce have shown a directional and significant influence on the growth of micro, small, and medium-sized enterprises in East Medan District.
creator: Asri Fadila Putri
creator: Isna Ardila
rights: Copyright (c) 2026 Asri Fadila Putri, Isna Ardila https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 659
ending page: 670
doi: 10.54259/akua.v5i3.7461

Determinan Manajemen Laba: Bukti Empiris Ukuran Perusahaan, Leverage, dan Tax Planning pada Perusahaan LQ45 Periode 2022–2025
type: item
description: Earnings management has become a critical issue in financial reporting as it can reduce information quality and mislead investors’ decision-making. Contractual pressures, tax strategies, and firm characteristics are considered key factors influencing managerial incentives to engage in such practices. This study aims to examine the effect of firm size, leverage, and tax planning on earnings management in companies indexed in LQ45 on the Indonesia Stock Exchange during the 2022–2025 period. This research adopts a quantitative approach using secondary data obtained from annual financial reports. The sample consists of 32 companies selected through purposive sampling, resulting in 128 observations. Data analysis was conducted using multiple linear regression with SPSS, including classical assumption tests, coefficient of determination, F-test, and t-test. The results indicate that simultaneously, firm size, leverage, and tax planning have a significant effect on earnings management. Partially, leverage and tax planning have a positive and significant effect on earnings management, while firm size has no significant effect. These findings suggest that contractual pressure and tax planning strategies encourage earnings management practices, whereas stronger monitoring mechanisms in larger firms tend to limit opportunistic behavior. This study contributes to the development of agency theory and provides practical implications for managers, investors, and regulators in improving the quality of financial reporting.
creator: Wisnu Haryo Pramudya
rights: Copyright (c) 2026 Wisnu Haryo Pramudya https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 671
ending page: 679
doi: 10.54259/akua.v5i3.7480

Profil Risiko dan Imbal Hasil pada Perusahaan Pemerintah: Bukti Empiris dari Bursa Efek Indonesia
type: item
description: This study investigates the effect of government ownership on the risk-return profile of firms listed on the Indonesia Stock Exchange (IDX). Using a comprehensive sample of 600 companies, this research employs the Capital Asset Pricing Model (CAPM) framework to examine financial performance from the perspectives of risk-adjusted return (Alpha), systematic risk (Beta), and total volatility (Standard Deviation). The sample is divided into two parts, namely government-owned companies (n=33) and non-government companies (n=567). Statistical analysis using the T-Test and Welch T-Test reveals three main findings. First, there is no significant difference in Alpha between the two groups, indicating that government ownership does not result in a systematic performance penalty or premium after risk adjustment. Second, government-related companies exhibit much higher Beta coefficients, indicating greater sensitivity to market movements than non-government companies. Third, although they have higher systematic risk, there is no significant difference in total volatility (Standard Deviation) between the two groups. This indicates a risk-sharing phenomenon where the increased market sensitivity of government companies is offset by lower idiosyncratic risk. These results indicate that on the IDX, ownership structure is a determinant of the risk borne by investors but plays a lesser role in determining risk-adjusted returns.
creator: Ringkot P. Nainggolan
creator: Rexon Nainggolan
rights: Copyright (c) 2026 Ringkot P. Nainggolan, Rexon Nainggolan https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 680
ending page: 691
doi: 10.54259/akua.v5i3.7528

Pengaruh Literasi Keuangan dan Inklusi Keuangan terhadap Kinerja Keuangan UMKM dengan Digital Keuangan sebagai Variabel Mediasi
type: item
description: This study aims to obtain empirical evidence regarding the influence of financial literacy, financial inclusion, digital finance and financial performance of MSMEs in Pontianak City, The main problem that is often faced by MSME actors is the limitation in understanding related to financial management. Many business actors do not have the ability to carry out systematic financial recording, financial planning, and proper financial decision-making. The financial performance of MSMEs is an important indicator in assessing the success of a business in managing its financial resources. This study aims to analyze the influence of financial literacy and financial inclusion on the financial performance of MSMEs with digital finance as a mediating variable. Data analysis was carried out using the Partial Least Square (PLS) method to test the relationship between variables. This study is an explanatory quantitative research designed to analyze the causal relationship between financial literacy and financial inclusion on the financial performance of MSMEs, with digital finance as a mediating variable. The results of the study are expected to provide a deeper understanding of the factors that affect the financial performance of MSME actors in Pontianak City.
creator: Dela Sari
creator: Endang Kristiawati
creator: Aris Setiawan
rights: Copyright (c) 2026 Dela Sari, Endang Kristiawati, Aris Setiawan https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 692
ending page: 703
doi: 10.54259/akua.v5i3.7660

Pengaruh Implementasi Sistem Informasi Akuntansi dan Digital Accounting terhadap Efisiensi Operasional dengan Kompetensi SDM sebagai Variabel Mediasi di Kota Medan
type: item
description: This study aims to analyze the effect of Accounting Information System (AIS) implementation and digital accounting on operational efficiency, with human resource (HR) competency as a mediating variable in Micro, Small, and Medium Enterprises (MSMEs) in Medan City. This research employed a quantitative approach using a causal associative method. Data were collected through questionnaires distributed to MSME owners using purposive sampling techniques and were analyzed using Partial Least Square-based Structural Equation Modeling (SEM-PLS). The results indicate that digital accounting has a positive and significant effect on operational efficiency. HR competency is also proven to have a positive and significant effect on digital accounting and operational efficiency, both directly and indirectly through its mediating role. Meanwhile, the Accounting Information System has a positive effect on digital accounting, but directly shows a negative effect on operational efficiency. However, through the mediation of digital accounting, AIS provides a positive effect on operational efficiency. These findings indicate that improving MSMEs’ operational efficiency depends not only on the adoption of technology but is also strongly influenced by the competency of human resources in operating and utilizing these systems. Therefore, enhancing HR capacity and optimizing the integration of digital-based accounting systems are important strategies to support the digital transformation of MSMEs.
creator: Ayu Andira
creator: Fachrun Nissa
creator: Rahmad Dani
rights: Copyright (c) 2026 Ayu Andira, Fachrun Nissa, Rahmad Dani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 704
ending page: 714
doi: 10.54259/akua.v5i3.7663

Persepsi dan Tantangan Pengguna terhadap Implementasi Core Tax Administration System (Coretax) di Indonesia
type: item
description: The digital transformation of Indonesian tax administration entered a new phase in January 2025 with the launch of the Core Tax Administration System (Coretax), an integrated platform replacing legacy systems such as DJP Online, e-Faktur, and e-Bupot. However, initial implementation was characterized by technical disruptions, latent data synchronization, and the complexities of parallel operations. This exploratory qualitative study addresses the empirical gap regarding early user perceptions through interviews with 15 stakeholders in Bandung, including tax consultants and individual taxpayers, utilizing NVivo for data analysis. Findings indicate that while integrated reporting and billing offer significant functional benefits, user experiences are hindered by technical unreadiness and limited institutional support. Tax consultants appear to be the most sensitive to technical obstacles, whereas individual taxpayers focus on adapting to new digital workflows. To ensure a sustainable and user-friendly evolution, the study concludes that a user-oriented approach is essential, necessitating enhanced user experience (UX) design, strengthened support services, and transparent institutional communication. The digital transformation of Indonesian tax administration entered a new phase in January 2025 with the launch of the Core Tax Administration System (Coretax), an integrated platform replacing legacy systems such as DJP Online, e-Faktur, and e-Bupot. However, initial implementation was characterized by technical disruptions, latent data synchronization, and the complexities of parallel operations. This exploratory qualitative study addresses the empirical gap regarding early user perceptions through interviews with 15 stakeholders in Bandung, including tax consultants and individual taxpayers, utilizing NVivo for data analysis. Findings indicate that while integrated reporting and billing offer significant functional benefits, user experiences are hindered by technical u…
creator: Raymond Tirta Kelana
creator: Se Tin
rights: Copyright (c) 2026 Raymond Tirta Kelana, Se Tin https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 715
ending page: 726
doi: 10.54259/akua.v5i3.7677

Pengaruh Struktur Modal dan Inflasi terhadap Profitabilitas Perusahaan Consumer Non-Cyclicals di Indonesia Periode 2022 - 2024
type: item
description: This research assesses the extent to which two capital structure indicators, Debt to Equity Ratio (DER) and Debt to Asset Ratio (DAR), and the macroeconomic variable of inflation collectively shape the profitability of consumer non-cyclicals sector firms listed on the Indonesia Stock Exchange (IDX). The observation period spans 2022 through 2024. Through purposive sampling, 102 firms were selected, forming a balanced panel of 306 firms data points. Heteroskedasticity was addressed using the Fixed Effect Model augmented with Clustered Robust Standard Error estimation. Partial test results show that DER exerts a negative and statistically significant effect on ROE, while neither DAR nor inflation produces a meaningful individual effect. The simultaneous test confirms that all three variables jointly explain variations in ROE. Robustness checks incorporating firm size and revenue growth as supplementary controls yield consistent conclusions. Overall, the findings highlight that debt leverage surpassing the optimal point, particularly as measured by DER, is the predominant factor suppressing profitability in this sector.
creator: Albani Gustian Suherman
creator: Egi Arvian Firmansyah
rights: Copyright (c) 2026 Albani Gustian Suherman, Egi Arvian Firmansyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 727
ending page: 735
doi: 10.54259/akua.v5i3.7731

Pengaruh Perencanaan Pajak, Beban Pajak Tangguhan dan Aset Pajak Tangguhan terhadap Manajemen Laba Dimoderasi Leverage
type: item
description: This study aims to analyze the effects of tax planning, deferred tax expenses, and deferred tax assets on earnings management, with leverage serving as a moderating variable. The research focuses on the Consumer Non-Cyclical sector companies listed on the Indonesia Stock Exchange (IDX) for the 2021–2025 period. Employing a quantitative approach with a causal design, the study utilized purposive sampling to select 26 sample companies. Data analysis was conducted using Multiple Linear Regression and Moderated Regression Analysis (MRA) through SPSS software. The results indicate that tax planning, deferred tax expenses, and deferred tax assets do not have a significant effect on earnings management. Furthermore, leverage was not proven to moderate the relationship between the independent variables and earnings management. The low coefficient of determination suggests that the research model has limited capability in explaining variations in earnings management. These findings contribute to the understanding that tax policies and funding structures may not yet serve as primary indicators for detecting earnings management practices, highlighting the need for investors, management, and regulators to consider other factors.
creator: Helenia Fatimah Sari
creator: Purwantoro Purwantoro
creator: Enny Susilowati Mardjono
creator: Agung Prajanto
rights: Copyright (c) 2026 Helenia Fatimah Sari, Purwantoro Purwantoro, Enny Susilowati Mardjono, Agung Prajanto https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 736
ending page: 746
doi: 10.54259/akua.v5i3.7756

Studi Kelayakan dan Lean Canvas Hotel Universitas Padjadjaran pada Aset Cikeruh 07 Jatinangor
type: item
description: Universitas Padjadjaran owns idle assets that require optimization to support fiscal independence as a state-owned legal entity higher education institution (PTN-BH). The Cikeruh 07 building in Jatinangor with a book value of Rp248.05 billion remains in unfinished condition without revenue stream. This study aims to analyze the feasibility of hotel development on the Cikeruh 07 asset and to design a Lean Canvas as an integrated business model. A qualitative descriptive method following Sugiyono's interactive analysis is applied, supported by data triangulation from three expert interviews, field observation, and document analysis. Four feasibility aspects are evaluated, namely market and marketing, technical and operational, legal and regulatory, and financial. The findings indicate feasibility on all four aspects. Market analysis identifies institutional conference hotel positioning with four-star character. Technical analysis confirms asset suitability with CAPEX Rp24.00 billion for 80 rooms. Legal analysis validates the KSP scheme based on PMK 115/2020 with a 60-year cooperation period. Financial analysis yields NPV Rp7.73 billion, IRR 26.68% exceeding Ke 13.98%, payback period 4.62 years, and PI 2.20. The Lean Canvas synthesis positions Hotel Universitas Padjadjaran as a first-mover institutional conference hotel in the Jatinangor area.
creator: Muhammad Harits Maulana ElHaq
creator: Wa Ode Zusnita Muizu
creator: Asep Mulyana
rights: Copyright (c) 2026 Muhammad Harits Maulana ElHaq, Wa Ode Zusnita Muizu, Asep Mulyana https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 747
ending page: 755
doi: 10.54259/akua.v5i3.7798

Pengungkapan Emisi Karbon dan Nilai Perusahaan: Bukti Empiris Peran Mediasi Profitabilitas
type: item
description: This study aims to examine the effect of carbon emission disclosure on firm value, with profitability serving as a mediating variable, among energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2022–2024 period. The study is motivated by inconsistent findings in previous research and the limited use of mediation analysis in this context. Using the Partial Least Squares Structural Equation Modeling (PLS-SEM) approach with SmartPLS 4.0, the study analyzes 153 observations from 51 companies selected through purposive sampling. The results reveal that carbon emission disclosure does not have a significant direct effect on firm value but has a significant positive effect on profitability. Profitability, in turn, significantly influences firm value. However, the indirect effect of carbon emission disclosure on firm value through profitability is not significant, indicating that profitability does not act as an effective mediating variable. These findings suggest that investors in the Indonesian capital market still place greater emphasis on financial performance than on carbon emission information when evaluating corporate value.
creator: Ai Sindi Andriani
creator: Jiprian Ramadhansyah
creator: Senny Maulida
creator: Sasa S. Suratman
rights: Copyright (c) 2026 Ai Sindi Andriani, Jiprian Ramadhansyah, Senny Maulida, Sasa S. Suratman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 756
ending page: 768
doi: 10.54259/akua.v5i3.7802

Environmental Management Accounting dan Eco-Innovation terhadap Kinerja Keuangan Berkelanjutan melalui Efisiensi Biaya
type: item
description: This research was conducted to examine how Environmental Management Accounting (EMA) and Eco-Innovation affect Sustainable Financial Performance, with Cost Efficiency acting as a mediating variable among SMEs in Medan City. A quantitative method with an explanatory research framework was applied in this study. The research population included 341 culinary SMEs officially registered at the Investment and One-Stop Integrated Service Office (DPMPTSP) of Medan City. By applying the Slovin formula, 184 respondents were selected as the research sample. Data were gathered through questionnaire distribution using a Likert-scale measurement. The analysis was carried out using Structural Equation Modeling–Partial Least Squares (SEM-PLS). The findings show that Eco-Innovation positively and significantly influences both Cost Efficiency and Sustainable Financial Performance. In addition, Cost Efficiency was found to positively contribute to Sustainable Financial Performance. Environmental Management Accounting also demonstrated a positive and significant impact on Cost Efficiency; however, its direct relationship with Sustainable Financial Performance was negative though still statistically significant. Moreover, Cost Efficiency was proven to mediate the effect of Eco-Innovation on Sustainable Financial Performance and also mediate the relationship between Environmental Management Accounting and Sustainable Financial Performance. Overall, the results suggest that adopting eco-friendly innovations alongside environmental management accounting practices can strengthen operational efficiency and support the long-term financial sustainability of SMEs.
creator: Mahyudin Mahyudin
creator: Martin Martin
creator: Mardiah Hasanah Nasution
rights: Copyright (c) 2026 Mahyudin Mahyudin, Martin Martin, Mardiah Hasanah Nasution https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 769
ending page: 782
doi: 10.54259/akua.v5i3.7818

Determinan Kualitas Audit: Etika, Fee, dan Motivasi Auditor
type: item
description: Audit quality is a central issue in public accounting because stakeholders rely on audit opinions to reduce information risk and to strengthen confidence in financial reporting. This study examines the effects of auditor ethics, audit fees, and auditor motivation on audit quality at KAP SH & Rekan. The research uses an associative quantitative design with a survey approach. Primary data were collected through questionnaires distributed to 33 auditors, and the sample was determined using saturated sampling. Data were analyzed using descriptive statistics, validity and reliability tests, classical assumption tests, multiple linear regression, and hypothesis testing. The findings show that auditor ethics has a positive and significant effect on audit quality, audit fee has a positive and significant effect on audit quality, and auditor motivation has a positive and significant effect on audit quality. Simultaneous testing also confirms that the three variables jointly affect audit quality with an adjusted R square of 0.966. These results imply that audit quality is strengthened when auditors maintain ethical conduct, when audit fees support adequate audit procedures, and when motivation encourages professional responsibility.
creator: Denny Kurnia
creator: Annisa Rofiyanti
rights: Copyright (c) 2026 Denny Kurnia, Annisa Rofiyanti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 783
ending page: 791
doi: 10.54259/akua.v5i3.7825

Pengaruh Kinerja Lingkungan dan Kinerja Sosial terhadap Kinerja Keuangan dengan Firm Size sebagai Moderasi
type: item
description: This study analyzes the impact of environmental and social performance on the financial performance of energy companies listed on the Indonesian stock exchange between 2022 - 2024. Company size serves as a moderating variable. Environmental performance is measured using the PROPER rating, while social performance is measured through the disclosure of Corporate Social Responsibility (CSR) information. Financial performance is represented by the key performance indicators return on assets (ROA) and return on equity (ROE). The study employs a quantitative approach using panel data regression and moderated regression analysis (MRA). The sample comprises 61 energy companies with a total of 183 observations. The results show that environmental performance has no significant impact on ROA but a positive and significant impact on ROE. Conversely, social performance has a positive and significant impact on ROA but no significant impact on ROE. Both environmental and social performance significantly influence ROA and ROE. Furthermore, company size strengthens the link between environmental and social performance and financial performance. These findings suggest that larger companies have better capabilities in managing environmental and social activities, thereby increasing their financial performance and supporting the sustainability of their business operations.
creator: Trifani Isyahrahmaliza
creator: Risal Risal
creator: Aris Setiawan
rights: Copyright (c) 2026 Trifani Isyahrahmaliza, Risal Risal , Aris Setiawan https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 792
ending page: 805
doi: 10.54259/akua.v5i3.7943

Pengaruh Pengungkapan Sustainability Report terhadap Kinerja Keuangan pada Perusahaan Sub Sektor Tembakau yang Terdaftar di BEI
type: item
description: This study aims to examine the relationship between the impact of sustainability report disclosure on the financial performance of companies in the tobacco subsector listed on the Indonesia Stock Exchange (IDX), as measured by Return on Assets (ROA) for the years 2020-2024. This study uses semi-annual data, with the first semester using data as of June 30 and the second semester using data as of December 31. This study yielded 40 observations with data spanning 10 time periods and 4 companies.The data was analyzed using the Random Effect Model (REM). The independent variable was measured using the Sustainability Disclosure Index (SRDI) based on GRI Standards, while financial performance is represented by Return on Assets (ROA), which is calculated as net income divided by total assets, derived from the companies financial statements. The findings indicate that disclosure related to economic aspects (X1) has a significant negative effect on financial performance, while disclosure related to environmental (X2) and social (X3) aspects does not have a significant impact on financial performance (ROA). However,simultaneously, disclosure from economic, environmental, and social aspects has a significant effect on financial performance.
creator: Anggella Rizki Veromikha
creator: Rudy Kurniawan
creator: Gita Desyana
rights: Copyright (c) 2026 Anggella Rizki Veromikha, Rudy Kurniawan, Gita Desyana https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 806
ending page: 815
doi: 10.54259/akua.v5i3.8009

Analisis Kinerja Model Parametrik, Non-Parametrik, dan Semi-Parametrik Value at Risk Saham Perbankan KBMI IV pada Periode Stabil dan Krisis Covid-19
type: item
description: This study aims to analyze and compare the accuracy of three Value at Risk (VaR) models in estimating market risk across four systemic banking stocks in Indonesia categorized under the Bank Group based on Core Capital (KBMI) IV, namely BBCA, BBRI, BBNI, and BMRI. A comparative analysis was conducted by dividing the timeframe into two contrasting market conditions: the crisis period driven by the Covid-19 pandemic (2019-2021), representing a Black Swan event, and the stable period (2016-2018). The VaR calculation methods examined include the parametric, non-parametric (Historical Simulation), and semi-parametric (Filtered Historical Simulation) approaches. To evaluate the consistency and robustness of each model against volatility shifts, a formal Backtesting procedure was performed using the Christoffersen Conditional Coverage joint test alongside a Severity analysis (measuring the magnitude of extreme losses). The test results demonstrate that during the stable period, the conventional parametric and non-parametric approaches were efficient for BBCA and BBNI stocks, as they successfully achieved a valid status while minimizing severity values. Conversely, during the Covid-19 crisis period, both traditional models completely failed due to the phenomenon of risk underestimation. Amidst the crisis turbulence, the semi-parametric FHS model proved to be superior and the most robust, where the FHS-Student-t specification successfully secured validity and minimized the severity of extreme losses for BBRI and BBCA stocks, followed by the performance of the FHS-Normal model on the BMRI stock.
creator: Dewi Sekar Ayu
creator: Layyinaturrobaniyah Layyinaturrobaniyah
rights: Copyright (c) 2026 Dewi Sekar Ayu, Layyinaturrobaniyah Layyinaturrobaniyah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 816
ending page: 830
doi: 10.54259/akua.v5i3.8054

Financial Statement Fraud in Indonesia’s Energy Sector Companies: Does Governance Disclosure Matter?
type: item
description: This study examines the influence of governance disclosure on financial statement fraud among energy sector companies listed on the IDX during the 2022-2024 period. A quantitative research approach was employed using purposive sampling. The sample consisted of energy sector firms listed on the IDX that published complete financial statement throughout the observation period and had governance disclosure scores available in the Bloomberg Terminal database. Research data were collected from companies’ financial reports and governance disclosure scores and subsequently analyzed using logistic regression with SPSS version 27. The findings reveal that governance disclosure does not significantly affect financial statement fraud. The logistic regression results further indicate that governance disclosure is not statistically significant in explaining the occurrence of fraudulent financial reporting. These results suggest that the existing level of governance disclosure has not been sufficiently effective in mitigating financial statement fraud. Future studies are encouraged to incorporate additional variables that may better explain fraudulent financial reporting practices. Furthermore, to prevent financial statement fraud and make governance disclosure more than compliance mechanism, companies must improve the effectiveness of their governance implementation.
creator: Isnaylah Cahyani
creator: Ambar Kusumaningsih
rights: Copyright (c) 2026 Isnaylah Cahyani, Ambar Kusumaningsih https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 831
ending page: 841
doi: 10.54259/akua.v5i3.8215

Mengurai Audit Report Lag: Apakah Financial Distress Mengubah Peran Komite Audit, Audit tenure, dan Reputasi Auditor?
type: item
description: This study aims to examine the effects of the audit committee, audit tenure, and auditor reputation on Audit Report Lag, as well as to investigate the moderating role of financial distress in property and real estate companies listed on the Indonesia Stock Exchange during the 2020–2024 period. The study adopts a quantitative approach using secondary data obtained from the companies' annual reports and financial statements. The research sample was selected through a purposive sampling technique, resulting in 58 companies with a total of 290 firm-year observations. Data were analyzed using panel data regression with the Fixed Effect Model (FEM) and Moderated Regression Analysis (MRA). The findings reveal that audit tenure has a negative effect on Audit Report Lag, whereas financial distress has a positive effect on Audit Report Lag. In contrast, the audit committee and auditor reputation do not have a significant effect on Audit Report Lag. Furthermore, the moderating analysis indicates that financial distress does not moderate the relationships between the audit committee, audit tenure, and auditor reputation and Audit Report Lag. These findings suggest that the experience accumulated through longer audit tenure contributes to greater audit efficiency, thereby reducing the time required to complete the audit process. Conversely, companies experiencing financial distress tend to require a longer audit completion period. Therefore, maintaining financial stability and enhancing the effectiveness of the audit process are essential for ensuring the timely issuance of audited financial statements.
creator: Aris Sanulika
creator: Wahyu Nurul Hidayati
rights: Copyright (c) 2026 Aris Sanulika, Wahyu Nurul Hidayati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 842
ending page: 854
doi: 10.54259/akua.v5i3.8249

Pengaruh Kesiapan Organisasi dan Kompetensi Auditor terhadap Keamanan Data Audit pada PT. Agrobisnis Banten Mandiri (Perseroda) Kota Serang
type: item
description: Digital transformation in public sector auditing brings significant challenges to data security. In 2024, Indonesia recorded 21.7 million data breach cases, while audits of regional enterprises revealed weaknesses such as cash-based transactions, invalid attendance records, and unsecured digital assets. These conditions highlight the urgent need for organizational readiness and auditor competence in adopting secure audit technologies. This study aims to examine the influence of organizational readiness and auditor competence on audit data security at PT Agrobisnis Banten Mandiri (Perseroda) Kota Serang. A quantitative approach was applied using descriptive and verificative methods. The research involved all 30 staff members as respondents through total sampling, with data collected via questionnaires, interviews, and documentation. Analysis was conducted using multiple regression with SPSS, supported by validity, reliability, and classical assumption tests. Findings reveal that organizational readiness is relatively strong, though limited by infrastructure and digital oversight culture. Auditor competence is moderate, with adequate regulatory understanding but limited mastery of audit technology. Audit data security has not yet fully aligned with ISO 27001 and the Personal Data Protection Law. Verificative analysis shows organizational readiness has a significant effect on audit data security, auditor competence does not, and together both variables exert a significant influence with organizational readiness as the dominant factor. These results emphasize the importance of strengthening organizational structures to support secure digital audit transformation in regional enterprises.
creator: A Deni Iskandarsyah
creator: Fitriana Fitriana
creator: Zaenal Aripin
rights: Copyright (c) 2026 A Deni Iskandarsyah, Fitriana Fitriana, Zaenal Aripin https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 855
ending page: 861
doi: 10.54259/akua.v5i3.8330

Pengaruh Risiko Kredit, Likuiditas, Permodalan, Ukuran Bank, dan Kinerja Intermediasi terhadap Profitabilitas Bank Pembangunan Daerah di Indonesia
type: item
description: This study analyzes how credit risk, liquidity, capital adequacy, bank size, and intermediation performance influence the profitability of Regional Development Banks in Indonesia. Profitability is proxied by Return on Assets, while credit risk is proxied by Non-Performing Loan, liquidity by Loan to Deposit Ratio, capital adequacy by KPMM/CAR, bank size is represented by the natural logarithm of total assets, while intermediation performance by Net Interest Margin and loan distribution. This study uses a quantitative approach based on quarterly panel data from 17 Regional Development Banks during the 2018–2025 period. The data are analyzed using panel data regression in Stata, with three estimation approaches: the Common Effect Model, Fixed Effect Model, and Random Effect Model. The model selection test shows that the Fixed Effect Model is the most suitable estimation model. The findings show that all independent variables simultaneously affect ROA. Partially, NIM positively and significantly affects ROA, whereas NPL has a significant negative effect on ROA. Meanwhile, LDR, KPMM, bank size, and loan distribution do not significantly affect ROA. These results suggest that BPD profitability is more strongly determined by credit quality and the ability to generate net interest income.
creator: Vicka Pramudya Putra
creator: Heri Faisal Harahap
creator: Chairilisa Azzahra
rights: Copyright (c) 2026 Vicka Pramudya Putra, Heri Faisal Harahap, Chairilisa Azzahra https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 862
ending page: 874
doi: 10.54259/akua.v5i3.8538

Analisis Pengaruh Tax Haven Utilization, Thin Capitalization dan Intangible Assets terhadap Tax Avoidance dengan Transfer Pricing sebagai Variabel Mediasi
type: item
description: This study is aimed at exploring more deeply the impact of Tax Haven Utilization, Thin Capitalization, and Intangible Assets on Tax Avoidance as proxied by the Effective Tax Rate (ETR), as well as examining the role of Transfer Pricing as a mediating variable. The study is conducted based on data from energy sector companies listed on the Indonesia Stock Exchange for the 2020–2024 period, totaling 230 observations selected using a purposive sampling method. Data processing is carried out using panel data regression with the Fixed Effect Model (FEM) and Common Effect Model (CEM) approaches using Stata 17, along with the Sobel mediation test. The results of the study show that Thin Capitalization has a negative and significant impact on Tax Avoidance, whereas Tax Haven Utilization and Intangible Assets have less influence. In addition, the three independent variables do not have a significant impact on Transfer Pricing, and Transfer Pricing also has little effect on Tax Avoidance. The results of the mediation test indicate that Transfer Pricing is not able to mediate the relationship between the independent variables and Tax Avoidance.
creator: Olivia Alviolenta
creator: Dedi Haryadi
creator: Hartono Hartono
rights: Copyright (c) 2026 Olivia Alviolenta, Dedi Haryadi, Hartono Hartono https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 875
ending page: 883
doi: 10.54259/akua.v5i3.7466

Ketika Startup Gagal: Analisis Red flags untuk Membedakan Business Failure, Governance Failure, dan Fraud Risk pada TaniHub, Investree, dan eFishery
type: item
description: This study analyzes red flags in failed Indonesian startups and maps the characteristics of business failure, governance failure, and fraud risk in the context of venture capital funding. Using a multi-case study (Yin, 2018), the study examines TaniHub, Investree, and eFishery to identify their respective failure patterns. The results indicate that TaniHub experienced business failure due to premature expansion, excessive growth ambition, high burn rate, and cash flow anomalies. Investree experienced governance failure due to weak board oversight, internal controls, and post-investment monitoring. Meanwhile, eFishery indicated fraud risk triggered by founder dominance, founder-friendly governance, revenue quality issues, data inconsistencies, and failed investor verification. The cross-case analysis revealed systemic weaknesses in the form of ineffective monitoring, inadequate due diligence, and delayed response. Based on these findings, a Startup Failure Framework was developed that integrates Agency Theory, information asymmetry, red flags, and due diligence. This framework demonstrates that agency conflicts do not always lead to fraud but instead produce three different outcomes depending on the configuration of red flags and the effectiveness of oversight. This research contributes to expanding the venture capital governance literature across a single risk spectrum.
creator: Ari Utomo Saputra
creator: Ari Ayu
creator: Anisatun Humayrah Rais
creator: Hasma Hasma
creator: La Ode Abdul Rakhman
rights: Copyright (c) 2026 Ari Utomo Saputra, Ari Ayu, Anisatun Humayrah Rais, Hasma Hasma, La Ode Abdul Rakhman https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 884
ending page: 898
doi: 10.54259/akua.v5i3.8603

Political Connections, Female on Board, dan Audit Committee dalam Praktik Earnings Management: Apakah CEO Tenure Memperkuat Hubungan Tersebut?
type: item
description: Economic development in Indonesia has intensified corporate competition, increasing pressures on financial reporting transparency. Practices such as earnings management can obscure financial statement credibility and diminish stakeholder trust. Based on Agency Theory and Upper Echelons Theory, this study examines the effect of political connections, board gender diversity (female on board), and audit committee independence on earnings management, while evaluating the moderating role of CEO tenure. Focusing on basic materials subsector companies listed on the Indonesia Stock Exchange (IDX) from 2020 to 2024, the study employs panel data analysis via the Fixed Effect Model (FEM) with robust standard errors to address potential diagnostic issues. Firm size and time dummies are specified as control variables. The empirical findings reveal that political connections significantly increase discretionary accruals when CEO tenure is long, demonstrating that CEO power amplifies political influence over financial reporting. Conversely, female board representation and audit committee independence do not directly constrain earnings management, reflecting potential tokenism and formalistic governance structures. This study provides critical insights for capital market regulators and corporate governance practitioners in emerging markets.
creator: Advensia Tian
creator: Hartono Hartono
creator: Dedi Haryadi
rights: Copyright (c) 2026 Advensia Tian, Hartono Hartono, Dedi Haryadi https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 899
ending page: 908
doi: 10.54259/akua.v5i3.8835

Likuiditas, Solvabilitas, dan Nilai Perusahaan Subsektor Food and Beverage: Peran Ukuran Perusahaan sebagai Variabel Moderasi
type: item
description: This study aims to examine the effect of liquidity and solvency on firm value, with firm size serving as a moderating variable, in food and beverage subsector companies listed on the Indonesia Stock Exchange during the 2021–2024 period. The study employs secondary data obtained from annual financial statements selected using a purposive sampling technique, resulting in 328 observations. The data were analyzed using panel data regression with the Fixed Effect Model (FEM), selected based on the Chow and Hausman tests. The moderating effect was examined using Moderated Regression Analysis (MRA), while heteroscedasticity and autocorrelation issues were addressed using robust standard errors. The results indicate that liquidity has no significant effect on firm value, whereas solvency has a positive effect on firm value. Furthermore, firm size is unable to moderate the relationship between liquidity and firm value. In contrast, firm size significantly moderates the relationship between solvency and firm value with a negative direction, indicating that firm size weakens the positive effect of solvency on firm value. These findings suggest that investors in the food and beverage subsector place greater emphasis on capital structure than on liquidity when evaluating firm value. This study provides empirical evidence regarding the role of firm size in the relationship between financial ratios and firm value during the post-pandemic period.
creator: Dinil Islamiyah Assa'adah
creator: Amir Amir
creator: Suryo Budi Santoso
creator: Rezky Pramurindra
rights: Copyright (c) 2026 Dinil Islamiyah Assa'adah, Amir Amir, Suryo Budi Santoso, Rezky Pramurindra https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 909
ending page: 919
doi: 10.54259/akua.v5i3.8807

Shifts in the Dynamics of the Global Financial System: Implications for Macroprudential Policy in the Digital Era
type: item
description: This article examines the implications of the transformation of the global financial system on the implementation of macroprudential policy in the digital era, particularly during the period from 2019 to 2023. The study is motivated by the rapid development of financial globalization, deregulation policies, and technological innovation that have fundamentally reshaped the structure and dynamics of the global financial landscape. These developments have created significant opportunities, including broader access to funding sources, accelerated cross-border capital flows, improved financial inclusion, and deeper integration of international financial markets. However, at the same time, these structural changes have also introduced increasingly complex systemic risks, such as heightened financial interconnectedness, vulnerability to digital disruptions, cyber risks, market volatility, and the emergence of new financial actors driven by financial technology innovation. This research employs a descriptive qualitative approach through the analysis of literature, policy developments, and recent trends in the global financial system. The findings reveal that the rapid growth of digital finance has transformed economic behavior, financial institutions, and market structures, creating new challenges for financial regulation and supervision. Therefore, macroprudential policies need to become more adaptive and responsive in addressing emerging digital risks. The study highlights the importance of stronger regulatory coordination, effective monitoring systems, and innovative policy strategies to maintain sustainable financial stability in an increasingly dynamic global financial environment.
creator: BQ. Elok Nirwana
creator: Padli Pawaid Yahya
creator: Lina Azizah
rights: Copyright (c) 2026 BQ. Elok Nirwana, Padli Pawaid Yahya, Lina Azizah https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 920
ending page: 926
doi: 10.54259/akua.v5i3.8210

Pengendalian Defisit Layanan JKN: Dashboard Cost Recovery Rate Berbasis Digital Accounting
type: item
description: This study aims to develop and evaluate a digital accounting-based Cost Recovery Rate (CRR) dashboard as a tool for monitoring and controlling deficits in Indonesia’s National Health Insurance (JKN) services. The study employed a Research and Development (R&D) approach using the ADDIE model to analyze user requirements, develop a dashboard prototype, implement the system, and evaluate its feasibility. The results indicate that the existing CRR monitoring system was aggregate, retrospective, and not integrated, limiting the timely identification of deficit sources. The developed dashboard integrates service cost data, INA-CBGs claim revenue, and hospital operational information into a single analytical platform, enabling more comprehensive and detailed financial monitoring. Evaluation by four expert users produced an average score of 4.2 out of 5, indicating good performance in terms of usability, information accessibility, data accuracy, and analytical capability. The dashboard provides more timely information and supports analysis at the levels of service units, attending physicians, diagnoses, patients, and cost components, thereby facilitating the identification of deficit sources and data-driven managerial decision-making. This study also proposes a digital accounting-based framework for cost control and financial performance evaluation to support the financial sustainability monitoring of JKN healthcare services.
creator: Nugroho Aris Yulianti
creator: Maya Indriastuti
creator: Edy Suprianto
creator: Provita Wijayanti
rights: Copyright (c) 2026 Nugroho Aris Yulianti, Maya Indriastuti, Edy Suprianto, Provita Wijayanti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 927
ending page: 935
doi: 10.54259/akua.v5i3.8268

Determinasi Agresivitas Pajak: Peran Karakteristik Perusahaan dan Tata Kelola Perusahaan pada Perusahaan Sektor Energi Terdaftar di Bursa Efek Indonesia Tahun 2021-2024
type: item
description: This study aims to examine the effect of sales growth, capital intensity, audit committee, and independent commissioners on tax aggressiveness in energy sector companies listed on the Indonesia Stock Exchange (IDX) during the 2021–2024 period. This research employed a quantitative approach using secondary data obtained from companies' financial statements and annual reports. The sample was selected using a purposive sampling technique, resulting in 29 companies with 116 firm-year observations. Data were analyzed using multiple linear regression after the model satisfied all classical assumption tests. The results indicate that sales growth and capital intensity have a negative and significant effect on tax aggressiveness, while the audit committee and independent commissioners do not have a significant effect. Simultaneously, all independent variables significantly influence tax aggressiveness. The findings suggest that firm characteristics play a more dominant role than corporate governance mechanisms in explaining tax aggressiveness. This study is expected to contribute to the taxation literature and provide a reference for companies in improving tax compliance and the effectiveness of corporate governance.
creator: Wikan Isthika
creator: Fitri Amalia
creator: Zaky Machmuddah
creator: Melati Oktafiyani
rights: Copyright (c) 2026 Wikan Isthika, Fitri Amalia, Zaky Machmuddah, Melati Oktafiyani https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 936
ending page: 947
doi: 10.54259/akua.v5i3.8802

Pengaruh Profitabilitas, Leverage, dan Likuiditas terhadap Nilai Perusahaan dengan Ukuran Perusahaan sebagai Variabel Moderasi pada Perusahaan Manufaktur yang Terdaftar di BEI Periode 2024-2025.
type: item
description: This research is motivated by the rapid development of the business world in the era of globalization, where increasingly intense competition requires companies not only to focus on profit generation but also to ensure business sustainability and enhance firm value. Consequently, companies must effectively manage their resources and financial performance to remain competitive and attract investor interest. This study aims to analyze the effect of profitability, leverage, and liquidity on firm value, with firm size serving as a moderating variable, focusing on manufacturing companies listed on the Indonesia Stock Exchange (IDX) during the 2024–2025 period. This study employs a quantitative causal research method. The population consists of 228 manufacturing companies listed on the IDX, with 88 companies selected as samples using purposive sampling over a two-year observation period. Data analysis includes classical assumption tests, moderated regression analysis, the coefficient of determination test, and hypothesis testing using SPSS version 23. The results indicate that profitability and liquidity have a significant effect on firm value, whereas leverage does not. Furthermore, firm size moderates the relationship between profitability and firm value as well as between liquidity and firm value, but does not moderate the relationship between leverage and firm value. The implications of this study indicate that financial performance indicators influence firm value; therefore, investors can use this information as a basis for evaluating companies and making investment decisions.
creator: Shinta Widyaningrum
creator: Diah Nurdiwaty
creator: Hestin Sri Widiawati
rights: Copyright (c) 2026 Shinta Widyaningrum, Diah Nurdiwaty, Hestin Sri Widiawati https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 948
ending page: 958
doi: 10.54259/akua.v5i3.8497

Pengaruh Struktur Modal, Profitabilitas, dan Likuiditas terhadap Nilai Perusahaan dengan Variabel Moderasi Asset Turnover Ratio
type: item
description: This study aims to examine the influence of capital structure, profitability, and liquidity on firm value, with the asset turnover ratio serving as a moderating variable. The study population consists of companies listed on the Jakarta Islamic Index (JII) for the 2021–2025 period. A quantitative approach was employed using purposive sampling; based on specific criteria, a final dataset of 138 observations was obtained. Data analysis was conducted using SPSS version 27 software via multiple linear regression. The results demonstrate that capital structure and liquidity do not influence firm value. Furthermore, the asset turnover ratio does not moderate the relationship of capital structure, profitability, or liquidity with firm value. However, profitability was found to influence firm value. This study focuses on the Jakarta Islamic Index, an area that has received limited attention from researchers. The findings indicate that the management of Sharia-compliant companies needs to prioritize effective profitability enhancement as a strategic measure to strengthen firm value. Additionally, this study is expected to provide conceptual insights for investors and future researchers regarding the valuation patterns of companies listed on the Jakarta Islamic Index.
creator: Mukhamad Asrul Nafi'
creator: Suryo Budi Santoso
creator: Hadi Pramono
creator: Tiara Pandansari
rights: Copyright (c) 2026 Mukhamad Asrul Nafi', Suryo Budi Santoso, Hadi Pramono, Tiara Pandansari https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 959
ending page: 973
doi: 10.54259/akua.v5i3.8879

Analisis Rekonsiliasi Fiskal dalam Penentuan Penghasilan Kena Pajak pada PT XYZ Tahun Pajak 2025 di Era Coretax
type: item
description: This study was motivated by the implementation of Coretax, which has driven changes in tax administration, including fiscal reconciliation as the basis for determining Taxable Income (PKP). The study aims to analyze the fiscal reconciliation process, identify challenges in Coretax implementation, and explain the adaptation strategies adopted by PT XYZ in the 2025 Fiscal Year. The research used a descriptive qualitative method with a case study approach. Data were obtained through semi-structured interviews, observation, and documentation, including commercial financial statements, fiscal reconciliation working papers, and the Annual Corporate Income Tax Return. The results show that PT XYZ carried out fiscal reconciliation systematically by identifying commercial and fiscal differences, determining positive and negative fiscal corrections, and preparing fiscal reconciliation as the basis for calculating PKP. The study found 12 accounts requiring fiscal adjustments, consisting of 10 positive fiscal corrections amounting to IDR243,562,688 and 2 negative fiscal corrections totaling IDR47,899,553, resulting in PKP of IDR706,990,576. Coretax implementation improved data validation, tax documentation, and internal control, although challenges remain in system adaptation and understanding fiscal adjustment codes. Fiscal reconciliation plays an important role in producing accurate PKP calculations and supporting tax compliance. Therefore, companies are advised to improve human resource competence through continuous Coretax training and strengthen internal evaluation so that the fiscal reconciliation process becomes more effective.
creator: Eduward Tony Sitorus
creator: Maralus Samosir
creator: Fitri Yanti
rights: Copyright (c) 2026 Eduward Tony Sitorus, Maralus Samosir, Fitri Yanti https://creativecommons.org/licenses/by/4.0
license: https://creativecommons.org/licenses/by/4.0
date: 2026-07-15
publication date: 2026-07-15
volume: 5
number: 3
starting page: 974
ending page: 982
doi: 10.54259/akua.v5i3.8842