The Effect of Quality Financial Reporting on Good Governance

Safkaur, Otniel; Afiah, Nunuy Nur; Poulus, Sugiono; Dahlan, Muhammad

doi:10.32479/ijefi.8047

Cited by 25 publications

(27 citation statements)

References 5 publications

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“…An audit's opinion reflects the quality of the financial management of an organization; financial management that violates the existing rules and standards will be captured in the auditor's reports. The degree of the quality of good governance in managing public resources can be assessed to what extend the financial reports has fulfilled the accountability, full disclosure or transparency principles (Safkaur et al, 2019).…”

Section: Linkages Between Public Financial Management Audit and Corrmentioning

confidence: 99%

Public Financial Management and Corruption in Indonesia: A Panel Cointegration and Causality Analysis

Triwibowo

2020

J. Indones.Econ.Bus.

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Introduction: This paper aims to examine the relationship between the quality of public financial management and corruption in Indonesia. Background Problems: Despite the impressive progress on the quality of public financial management (PFM) after the financial reforms, Indonesia is still struggling to combat corruption. This raises the question of the effectiveness of the public financial reforms that have been carried out in support of the eradication of corruption. Novelty: This study found empirical evidence of a significant long-run and causal relationship between the quality of public financial management and corruption. Research Methods: This study employs panel cointegration and causality analysis with panel data from the Corruption Perception Index (CPI), and audit opinions for the period from 2006 to 2017. Findings/Results: This study found empirical evidence of the existence of a long-run relationship between the quality of public financial management and corruption and can verify the significant causal relationship between them. In the long run, sound public financial management could significantly encourage clean government. Conclusion: The Government of Indonesia (GoI) should continue its commitment to improve the management of public finances. Meanwhile, the Supreme Audit Institution (SAI)[A1] is expected to strengthen its role to prevent and detect corruption, and to continuously enhance its methods and capacity to improve the execution of its duties and authority.

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Section: Linkages Between Public Financial Management Audit and Corrmentioning

confidence: 99%

Public Financial Management and Corruption in Indonesia: A Panel Cointegration and Causality Analysis

Triwibowo

2020

J. Indones.Econ.Bus.

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“…Sebagai ciri khas manajemen keuangan modern, basis akuntansi akrual menjadi hal yang penting dalam mencapai transparansi dan akuntabilitas yang lebih besar bagi pelaporan keuangan pemerintahan di seluruh dunia (Indriani et al 2018). Selain dibentuknya Badan Layanan Umum, penggunaan basis akuntansi akrual juga menjadi salah satu bentuk implementasi konsep New Public Management (Safkaur et al 2019). Penggunaan basis akuntansi akrual dalam pemerintahan Indonesia dilakukan secara bertahap yang dimulai dengan pengenalan basis akuntansi kas menuju akrual sebagai bentuk adaptasi pemerintahan Indonesia sebelum menggunakan basis akuntansi akrual secara penuh pada tahun 2015 (Rachmawati et al, 2018…”

Section: Pendahuluanunclassified

Penerapan dan Evaluasi PSAP Nomor 13 dalam Penyajian Laporan Keuangan (Studi pada Universitas Pendidikan Ganesha)

Dewi

Muliartha

2021

E-Jurnal Akuntansi

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This research was conducted with the aim of knowing and evaluating the application of PSAP Number 13 in presenting the financial statements of Universitas Pendidikan Ganesha. This research uses qualitative methods with the approach used is a case study approach. Data obtained through documentation, observation, and in-depth interviews. The results in this study indicate that Universitas Pendidikan Ganesha has referred to PSAP Number 13. There are several obstacles found in the preparation of the financial statements which are, 1) the understanding of human resources in the use of the accrual basis is not yet comprehensive 2) the used of decentralized system in financial management creates an biased information. Keywords: PSAP Number 13; Financial Reports; Public Service Agency.

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“…Unless this practice is emulated by other countries, and declaration made public like in the USA, there will still be growing number of public-private partnerships using autonomous public agencies for personal gains. Safkaur et al (2019) in a study on the effect of quality financial reporting on good governance asserted that the quality of financial statements has a significant effect on governance. This suggests that the more accounting information is free from bias making it accurate, reliable, complete, understandable, and timely, the better the quality of the financial statements and the governance system.…”

Section: Related Literature Reviewmentioning

confidence: 99%

Stewardship Accounting Practice by Government Ministries in Cameroon

Mukah¹

2021

AFR

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The study examined the practice of stewardship accounting by Government Ministries in Cameroon. It investigated how inclusive budget planning, timely budget execution, stringent budget control, and resolute scrutiny of government financial statements, affect the government stewardship accounting practice. To archive this, primary data collected from members of parliament were analysed, and regressed using the Ordinary Least Squares technique. The empirical results therefrom were of positive and statistical significance. They revealed that stringent budget control, and resolute scrutiny of government financial reports, significantly improve the practice of stewardship accounting in the Government Ministries. It was recommended that the government of Cameroon should frankly facilitate the participation of parliamentarians, civil society organisations, advocacy groups, and the citizens, in the budget preparation and execution processes. Such sincere participation invokes debates on problematic trade-offs and opportunity costs which are crucial in improving the wellbeing of Cameroonians. It was further recommended that parliamentarians should effectively play their role as representatives of the Cameroonian people, not withstanding their political inclinations. Consequently, they will not falter in their responsibility to resolutely scrutinise and authorise the budgets, and hold the Government and its Ministries fully accountable. The last recommendation was that Article 66 of the Cameroon Constitution (lying dormant since 2006) be put into practice. Article 66 provides for the declaration of assets by senior government officials, and others elected or appointed, at the beginning and at the end of their office tenures.

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The Effect of Quality Financial Reporting on Good Governance

Cited by 25 publications

References 5 publications

Public Financial Management and Corruption in Indonesia: A Panel Cointegration and Causality Analysis

Public Financial Management and Corruption in Indonesia: A Panel Cointegration and Causality Analysis

Penerapan dan Evaluasi PSAP Nomor 13 dalam Penyajian Laporan Keuangan (Studi pada Universitas Pendidikan Ganesha)

Stewardship Accounting Practice by Government Ministries in Cameroon

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