International Journal of Islamic, Economic and Finance (IJIEF)

The Influence of Regional Government Size, Local Original Revenue, and Balancing Funds on the Financial Performance of Regency/City Regional Governments in North Sumatra Province for the 2020-2023 Period

2026-03-27T11:31:28+07:00

This study is motivated by the suboptimal management of regional assets and locally generated revenue (PAD), as well as the high dependence of local governments on transfer funds from the central government, which has led to a decline in the financial performance of local governments in North Sumatra Province.This study aims to analyze the effect of local government size, PAD, and balancing funds on the financial performance of local governments using agency theory as the analytical framework. The population of this study includes 33 regencies/cities in North Sumatra Province during the 2020–2023 period, with a saturated sampling technique applied. The data used in this study was collected by documentation. Data were analyzed using multiple linear regression analysis. The results indicate that local government size and PAD have a positive effect on the financial performance of local governments, while balancing funds have no significant effect. These findings support agency theory, which suggests that differences in interests between the central government (principal) and local governments (agents) influence financial performance. Dependence on transfer funds creates potential inefficiency and reduces the motivation of local governments to improve fiscal independence. Conversely, higher PAD and larger organizational scale strengthen accountability and the effectiveness of regional financial management

The Effect of Firm Size, Capital Structure, and Accounting Conservatism on Financial Performance with Managerial Ownership as a Moderator in BEI Manufacturing 2022-2024

2026-03-30T11:20:50+07:00

The research problem in this study relates to fluctuations in the financial performance of manufacturing companies, as reflected in changes in Return on Assets during the 2022–2024 period. These fluctuations indicate differences in companies' abilities to manage assets, capital structure, and accounting policies amid post-pandemic economic conditions. This study aims to analyze the effect of firm size, capital structure, and accounting conservatism on financial performance, with managerial ownership as a moderating variable in manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period.

This research was conducted on manufacturing companies listed on the Indonesia Stock Exchange during the 2022–2024 period. The population of this study consisted of 281 companies, with the sample selected using a purposive sampling method. Based on this technique, a total sample of 40 companies over a three-year period was obtained. The data used in this study are secondary data, collected by downloading financial statements from the official website of the Indonesia Stock Exchange (www.idx.co.id) and the respective company websites. Data analysis was performed using statistical analysis with the assistance of SPSS software. The analytical techniques employed include descriptive statistics, multiple linear regression analysis, and Moderated Regression Analysis.

The results of the study show that, first, firm size, capital structure, and accounting conservatism have a significant effect on financial performance. These findings indicate that a company's financial performance is largely determined by its size, financing policies, and the level of prudence applied in accounting practices. Second, managerial ownership is able to significantly moderate the relationship between firm size, capital structure, and accounting conservatism on financial performance. These findings imply that manufacturing companies need to pay attention to the balance between financing policies, the application of accounting conservatism principles, and ownership structure in managing financial performance in order to minimize agency conflicts and enhance firm value.

Factors That Influence The Value Of Regional Government Financial Reporting Information In North Sumatra Province

2026-03-30T14:33:52+07:00

The North Sumatra Provincial Government has received an Unqualified Opinion (WTP) from the Supreme Audit Agency (BPK), but still found irregularities in financial management, weaknesses in the internal control system, and actions that do not comply with regulations. This study aims to determine the effect of the internal control system, the implementation of Government Accounting Standards (SAP), and regional asset management on the value of financial reporting information in the Regional Apparatus of North Sumatra Province. Quantitative methods were used with a purposive sampling technique resulting in 70 respondents. Data collection was carried out through questionnaires, and data analysis used multiple linear regression with the help of SPSS version 24. The results of the study indicate that the internal control system has a positive and significant effect on the value of financial reporting information, which means that effective internal control improves the quality of reporting information. The implementation of SAP also has a positive and significant effect, so that the consistent and correct application of accounting standards improves the quality of reporting. Regional asset management is proven to have a positive and significant effect on the value of reporting information, indicating that good asset management improves the accuracy and reliability of asset data in financial reports. Simultaneously, these three variables have a positive and significant effect on the value of regional financial reporting information. The findings underscore the importance of strengthening internal controls, enhancing SAP-based accounting capabilities, and integrated asset management to improve the quality of regional reporting information, even after receiving an unqualified opinion. Practical recommendations include improving internal procedures, training human resources, and strengthening oversight mechanisms.

The Effect of Accounting Information Systems, Human Resource Competence, and the Utilization of Information Technology on the Performance of MSMEs in Medan City

2026-03-31T14:44:01+07:00

The population of this study consists of MSMEs in the Food and Beverage (F&B) sector in Medan City, with a sample of 68 respondents selected using purposive sampling and the Lemeshow formula. The sample includes owners or employees of MSMEs who have implemented accounting information system applications. The data were analyzed using multiple linear regression, t-tests, F-tests, and the coefficient of determination (R²).

The results indicate that Accounting Information System usage, Human Resource competence, and Information Technology utilization have a positive and significant effect on MSME performance. Simultaneously, these variables significantly affect MSME performance in the Food and Beverage sector in Medan City, with an Adjusted R² value of 0.608.

The Influence of BNPL (Buy Now Pay Later), Financial Literacy and Lifestyle on the Financial Management of Medan City Students in Using E-Commerce

2026-04-02T16:25:39+07:00

The problem addressed in this study is the low capability of MSME actors in maintaining proper financial records that are accurately prepared and clearly separated from personal finances, which has led to a decline in business performance. Many MSME actors do not yet have adequate financial statements and face constraints such as limited understanding of accounting information systems and restricted access to their utilization. This study aims to examine the effect of Accounting Information System usage, Human Resource competence, and Information Technology utilization on the performance of MSMEs in Medan City. The population of this study consists of MSMEs in the Food and Beverage (F&B) sector in Medan City, with a sample of 68 respondents selected using purposive sampling and the Lemeshow formula. The sample includes owners or employees of MSMEs who have implemented accounting information system applications. Data were analyzed using multiple linear regression, t-tests, F-tests, and the coefficient of determination (R²).The results indicate that Accounting Information System usage, Human Resource competence, and Information Technology utilization have a positive and significant effect on MSME performance. Simultaneously, these variables significantly affect MSME performance in the Food and Beverage sector in Medan City, with an Adjusted R² value of 0.608.

Regional Good Practices: Malaysia (State Audit Office), Singapore (AGC), Thailand (OAG)

2026-04-06T15:23:37+07:00

Public sector audits play a crucial role in achieving transparency and accountability in state financial management. This study aims to analyze public sector audit practices in Malaysia, Singapore, and Thailand and their implications for Indonesia. The method used is a literature review with a descriptive analytical approach to the profile of audit institutions, their practices, and the cases they encounter. The results show that each country has distinct advantages, namely transparency in Malaysia, independence and technology in Singapore, and the legal framework in Thailand. These differences influence audit effectiveness and follow-up actions. Furthermore, the quality of internal control and the relationship between internal and external audits significantly determine the success of oversight. In conclusion, strengthening independence, utilizing technology, and improving internal control systems are key to improving the quality of public sector governance in Indonesia.