The Graduate Student Research Conference in Business and Economics: Volume 2

Abstract

Various standard boards such as FASB, IASB, AAOIFI, make adjustments to the conceptual framework of financial reporting on a regular basis to respond to various internal and external changes. The first conceptual framework for Financial Reporting in Indonesia, the Framework for Preparation and Presentation for Financial Statements (FPPFS), was adopted from the IASC in 1994 and in 2007 it was adapted to the Sharia Framework for Preparation and Presentation for Financial Statements (SFPPFS). FPPFS in 2016 was replaced with the IASB Conceptual Framework for Financial Reporting (CFFR). This paper aims to explain the views of Islamic accounting stakeholders in Indonesia about the need for revision of the SFPPFS after the severing relationship between SFPPFS and FPPFS together with the increasing complexity of Sharia entity operations, conceptual incoherence in SFPPFS, and conceptual incoherence between SFPPFS and Islamic financial accounting standards. This study uses a survey method to analyze various opinions of 113 Islamic accounting stakeholders in Indonesia related to the need of revision of Shariah Accounting Conceptual Framework (SACF). The results show that, in general, the stakeholders want a change in the SACF and agree that Maqasid Shariah as a common foundation for the formulation of a new Sharia conceptual framework. AbstractThe internet has significant importance for proving tourism related information, according to the World Tourism Organization, the internet is the key to identifying customer needs and want and establishing a relationship. Tourism entities can use the internet as a vessel to offer personalized and up-to-date information about their products and services. The internet has been a precious tool when it comes to all tourism related activities for both the consumer and the business. The future trends of consumer behavior, tourism, and the internet are corelated, and moving forward together. By looking at top four most popular tourism journals based on SCOPUS index, Journal of Travel Research, Tourism Management, and Annals of Tourism Research, and International Journal of Hospitality Management, we have identified the most common research topics that have grabbed empirical curiosity by researchers. Naturally, there have been an abundant amount of research around many aspects that concern consumer behavior in tourism, however, the bellow mentioned ones have proven to be most popular. Looking at published articles from 2000 to present, we have identified that the most research topics where the use of internet as a marketing tool, the impact of website on the consumer, and the powerful force of social media. This research analyzed published research in consumer behavior and the internet in tourism and provided topical recommendations for future academic research. New insights may be given for tourism managers into different uses of the internet in consumer behavior.Keywords: consumer behavior in tourism, future research in consumer behavior, internet and consumer behavior AbstractThe objective...