This research investigates the influence of auditor ethics and auditor experience on the quality of financial reports in the garment sector of West Java, Indonesia. This study employs a quantitative ...approach to measure auditor ethics and experience, utilizing statistical tools for analysis. The research targets financial auditors in Indonesia, with a sample size of 150 auditors selected purposively based on specific criteria.The study emphasizes the importance of auditors in ensuring the accuracy and reliability of financial information. The garment industry in West Java holds significance in Indonesia's manufacturing sector, particularly in terms of employment and export revenue. The research aims to contribute to the understanding of how auditor ethics and experience impact financial reporting quality in this specific industry.
Purpose: The objective of this article is to determine how many real estate entities have tackled going concern problems, to identify the going concern uncertainties disclosures, especially during ...the COVID-19 pandemic, and to assess the going concern disclosures that have been made.Methodology/approach: The study involved the financial reports of real estate companies listed on the main market of the Warsaw Stock Exchange. 35 (out of 40) reports for the first half of 2020 were examined. The content of full versions of the descriptive parts of financial statements, reports on the auditors review, and management comment letters were analyzed.Findings: The way the disclosures are made can be a challenge. The managements analysis of the entitys situation involving significant judgments is of key importance. Reports on the auditors review may facilitate interpretation, especially because the way narrative, the variety of detail, and the location of the disclosures make inference difficult. The pandemic affected the scope of disclosures without increasing the number of entities disclosing uncertainties.Research limitations/implications: The research was limited to published, complete, half-yearly reports of listed companies of one sector, subject to review by the auditor. The issue of going concern disclosures is worth developing in future research of annual reports of various sectors, especially in the context of successive economic crises, including the war in Ukraine.Originality/value: As a practical study of disclosures, the article is the first empirical assessment of how going concern disclosures are made, revealing the role of significant judgments.
The disadvantages of conventional accounting approach reporting only economic and financial data suggest that the majority of accountability remains in the form of physical financial statements and ...human-centred accountability superiority. This raises criticism by finding a more comprehensive new approach. The spiritualist paradigm produces a spiritualist research design based on spiritual spontaneity. Spiritual spontaneity is a spiritual experience between a person, the environment and God. The approach of the spiritual paradigm of accounting comes from the Qur'an and the Hadeeth. The informants in this study were Gus Miek's son and worshipers as well as trying to communicate with Gus Miek through spiritual activities. The results of this study indicate that accountability is not only seen from the physical side only because in accordance with the human task as Khalifatullah fil ardh.
The basic aim of the research in this paper is to answer the question of whether the financial statements defined by the legislation in the Republic of Serbia, based on the IASB IAS/IFRS project ...implementation, could be comparable with the EU financial statements in terms of quality. The main reason for this research is to point out the necessity of including other international accounting regulations, such as EU Directive 34, for financial reporting harmonization and standardization needs. The research results show that the existing legal accounting regulations implementation defined by the IFRS has become the limiting factor for financial reporting quality. Additionally, the research results indicate the need to overcome the existing concept of technically oriented accounting and consider a broader, more completely expressed power of financial reporting that includes other non-financial determinants. In order to reach the set aim, the methodology used in this paper includes qualitative research based on secondary data sources. On that basis, the first part of the paper provides an indicator analysis that illustrates the existing financial reporting quality situation as a result of legal and professional accounting regulations implementation in the Republic of Serbia. In the second part of the paper, based on the research results, we provide suggestions for improving accounting regulations for financial reporting quality needs.
The paper analyzed business efficiency (productivity, economy and profitability) and business indicators (liquidity, solvency and indebtedness) of PE ?National park Kopaonik?. The goal of the ...research is to identify their values, with the purpose of determining the situation and recognizing opportunities for possible improvement of certain segments in the business of the analyzed PE. The subject of the research is the financial reports of PE ?National park Kopaonik?, and the data generated from them, based on which indicators of business success were determined.
Abstract This study attempts to analyze the quality of local government financial information through internal and external factors. This type of research is a causative research using primary data ...collected through a questionnaire using a likert scale of 1-5. The location of this research is in Buleleng Regency, Bali Province. The sample of this study consisted of the head of the finance department and the accounting staff at each Regional Work Units, amounting to 45 people. The analytical method used in this research is multiple linear regression. The results showed that the competency and working experience (as internal factors), implementation of accounting information system, the role of internal audit (as external factors) had a positive and significant effect on the quality of local government financial reports However, in the future it is hoped that it can be improved through improvements and guidance in several aspects such as increasing the capacity of government officials regarding a more adequate regional financial accounting information system through improving facilities and infrastructure to support regional financial management to achieve good, transparent and accountable governance.
The quality of financial reports is one of the critical aspects for capital owners in assessing the company's success in its business. Previous research has shown a positive relationship between ...internal audits and the presentation of quality financial statements. Based on the critical role of the presentation of financial statements, the researchers researched the influence of internal audits on the quality of financial statements. The researcher uses a quantitative approach in answering the problem formulation that set. The sample in this study were 59 employees of the audit department in two manufacturing companies in the city of Bandung. Data analysis used simple linear regression with the results showing a positive influence of internal audit on the quality of financial reports by 50.5%. In contrast, the rest was influenced by other factors not examined. The study results indicate that the better the internal audit is carried out, the better the quality of financial reports.
•Our analysis challenges the common practice in the sector of using programme ratios and overhead costs as indicators for non-profit accountability.•We use Benford's law to measure misreporting in ...public financial reports of UK non-profits.•We find approximately 25% of the sample submit potentially misreported data to the governing body.•Higher charitable effort does not necessarily induce less misreporting, nor does higher governance.•Tighter monitoring is ineffective to improve transparency and accountability unless accompanied by a high level of charitable spending.
Recent high-profile scandals related to misuse of funding and donations have raised the demand for scrutiny over financial transparency and operational activities of non-profit organizations in developed countries. Our analysis challenges the common practice in the sector of using programme ratios and overhead costs as indicators for non-profit accountability. Using Benford's Law to measure irregularities in financial data for a large sample of public charities we estimate that 25% of the sample potentially misreport their financial information. We show theoretically and empirically that charities with a higher programme ratio (their level of spending on charitable activities), will be less likely to misreport their financial information only when their overhead costs (spending on governing activities) are also sufficiently high. Tighter monitoring becomes ineffective in increasing the sectoral transparency and accountability unless accompanied by a sufficiently high level of charitable spending.
This publication includes financial transactions (both net acquisition of financial assets and net incurrence of liabilities), by institutional sector (non-financial corporations, financial ...corporations, general government, households and non-profit institutions serving households, total economy and rest of the world) and by financial operation.
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