Advances in Applied Accounting Research https://advancesinresearch.id/index.php/AAAR <p>Advances in Applied Accounting Research is a double-anonymous peer-reviewed journal published by the Yayasan Pendidikan Bukhari Dwi Muslim. Published three times a year, in January, May, and September, with E-ISSN <a href="https://issn.brin.go.id/terbit/detail/20230131431541657">2985-8186</a>. This journal engages in a double-anonymous peer review process, which strives to match the expertise of a reviewer with the submitted manuscript. The submitted manuscript is first reviewed by an <a href="https://advancesinresearch.id/index.php/AAAR/Editorial_Team">editor</a>. It will be evaluated in the office, whether it is suitable for Advances in Applied Accounting Research <a href="https://advancesinresearch.id/index.php/AAAR/Aims_Scope">aims and scope</a> or has a major methodological flaw and similarity score by using <a href="https://www.turnitin.com/">Turnitin</a>, the minimum number and age of <a href="https://apastyle.apa.org/instructional-aids/reference-examples.pdf">references</a> that we require, <a href="https://docs.google.com/document/d/1qI1t3jK12YyipiWJjNdwJM5lwJL9Ri6K/edit?usp=sharing&amp;ouid=116465442174740758191&amp;rtpof=true&amp;sd=true">template</a> suitability. The manuscript will be sent to at least two anonymous reviewers (<a href="https://advancesinresearch.id/index.php/AAAR/Peer_Reviewer_Models">Double Blind Review</a>). <a href="https://advancesinresearch.id/index.php/AAAR/Reviewers">Reviewers</a>' comments are then sent to the corresponding author by the editor for necessary actions and responses. The suggested decision will be evaluated in an editorial board meeting. Afterwards, the editor will send the final decision to the corresponding author. <span data-preserver-spaces="true">All journal articles are published under an <a href="https://advancesinresearch.id/index.php/AAAR/OA_Archiving">Open Access</a> license (<a href="http://creativecommons.org/licenses/by-sa/4.0/">CC BY-SA 4.0</a>).</span></p> en-US editor@advancesinresearch.id (Chief Editor) advancesresearch@gmail.com (Managing Editor) Fri, 31 Jan 2025 00:00:00 +0000 OJS 3.3.0.10 http://blogs.law.harvard.edu/tech/rss 60 Implementation of Public Sector Accounting Systems and Standards in Improving Financial Transparency https://advancesinresearch.id/index.php/AAAR/article/view/420 <p><strong>Purpose: </strong>This study aims to evaluate the implementation of public sector accounting systems and standards, such as SAP and IPSAS, to improve financial transparency and accountability. The research investigates the contextual and systemic factors that support or hinder the successful adoption of these frameworks and offers insights into how institutional readiness, digitalization, and stakeholder engagement influence reporting outcomes.</p> <p><strong>Research Design and Methodology: </strong>A systematic literature review (SLR) approach was employed to synthesize findings from prior studies. Institutional theory served as the conceptual framework, emphasizing coercive, mimetic, and normative pressures affecting policy implementation. The review focused on identifying key trends, challenges, and comparative insights related to financial reporting in different jurisdictions.</p> <p><strong>Findings and Discussion: </strong>The findings reveal that adopting international public sector accounting standards has enhanced transparency and fiscal accountability in regions with robust institutional support. However, significant challenges remain, including bureaucratic resistance, resource limitations, and a lack of public financial literacy. Digital reporting technologies like XBRL are crucial in accelerating financial disclosures but require adequate training and infrastructure. The discussion highlights disparities in reporting outcomes due to differences in institutional readiness and underscores the need for tailored approaches to address local governance constraints.</p> <p><strong>Implications: </strong>The study provides practical and managerial recommendations, emphasizing the importance of continuous training, modernization of IT infrastructure, and enhanced public access to simplified financial reports. Collaboration with independent auditors and civil society organizations is also suggested to strengthen accountability mechanisms. Future research should explore empirical data and sector-specific factors to enhance the understanding of financial reporting reforms further.</p> Yaya Sonjaya, Septyana Prasetianingrum, Iriana Auliyah, Irwan Adam Labo Copyright (c) 2025 Yaya Sonjaya, Septyana Prasetianingrum, Iriana Auliyah, Irwan Adam Labo https://creativecommons.org/licenses/by-sa/4.0 https://advancesinresearch.id/index.php/AAAR/article/view/420 Fri, 31 Jan 2025 00:00:00 +0000 Analysis of Alternative Financial Reporting Integration with Traditional Financial Reporting for Corporate Transparency https://advancesinresearch.id/index.php/AAAR/article/view/430 <p><strong>Purpose: </strong>This study examines the integration of alternative financial reporting, including environmental, social, and governance (ESG) disclosures, with traditional financial reporting to enhance corporate transparency and foster stakeholder trust. It examines how integrated reporting bridges the gap between economic and non-financial disclosures by identifying key patterns, challenges, and best practices.</p> <p><strong>Research Design and Methodology: </strong>A qualitative approach was employed using a Systematic Literature Review (SLR) method. The study reviewed scholarly articles and industry reports published since 2018 to assess trends, technical and strategic challenges, and recommendations for implementing integrated reporting across various sectors and regions.</p> <p><strong>Findings and Discussion: </strong>The findings suggest that integrated reporting fosters stakeholder trust by offering a comprehensive view of corporate performance and aligning sustainability initiatives with financial outcomes. However, challenges such as inconsistent reporting standards, technological limitations, and data management constraints persist. Investments in data systems, staff training, and proactive communication improve report credibility and consistency. A flexible yet standardized framework is necessary to accommodate diverse regulatory environments<strong>.</strong></p> <p><strong>Implications: </strong>This study offers practical recommendations for companies to enhance reporting through technology upgrades and workforce development initiatives. It also highlights the need for global harmonization of ESG reporting standards for regulators and investors. Additionally, it contributes to academic discourse by expanding research on stakeholder theory and integrated reporting, supporting sustainable and transparent corporate governance.</p> Rifqa Ayu Dasila Copyright (c) 2025 Rifqa Ayu Dasila https://creativecommons.org/licenses/by-sa/4.0 https://advancesinresearch.id/index.php/AAAR/article/view/430 Fri, 31 Jan 2025 00:00:00 +0000 The Effect of Financial Scandals on Regulation and its Impact on Corporate Financial Decisions https://advancesinresearch.id/index.php/AAAR/article/view/431 <p><strong>Purpose:</strong> This study analyzes the effects of financial scandals on regulatory reforms and their impact on corporate financial decision-making. The research explores how regulatory changes influence financial strategies, focusing on differences in corporate adaptation in developed and developing markets.</p> <p><strong>Research Design and Methodology:</strong> The study employs a qualitative systematic literature review (SLR) approach, synthesizing findings from peer-reviewed journals, books, and reports. The analysis integrates theoretical perspectives, such as agency theory, to comprehensively understand the dynamics between financial scandals, regulatory changes, and corporate financial strategies.</p> <p><strong>Findings and Discussion</strong>: The findings indicate that financial scandals significantly drive regulatory reforms to strengthen transparency and accountability. Companies respond to these reforms by adjusting their capital structure, debt management, and investment strategies. Advanced technologies like blockchain and artificial intelligence (AI) have become pivotal in enhancing compliance and reporting efficiency. However, technological adoption presents challenges, particularly for companies in developing markets that face financial and infrastructure constraints. The study highlights that the success of regulatory reforms depends on robust enforcement mechanisms, stakeholder collaboration, and institutional support. Differences in corporate adaptation underscore the importance of tailored regulatory approaches to balance financial oversight and corporate flexibility.</p> <p><strong>Implications:</strong> The study offers practical insights for policymakers and corporate leaders in formulating regulatory frameworks that foster innovation while maintaining financial integrity. Recommendations include simplifying compliance processes, providing technical guidance, and offering incentives for digitalization. These strategies can enhance corporate resilience and contribute to sustainable economic growth.</p> Maryam Nurdin Copyright (c) 2025 Maryam Nurdin https://creativecommons.org/licenses/by-sa/4.0 https://advancesinresearch.id/index.php/AAAR/article/view/431 Fri, 31 Jan 2025 00:00:00 +0000 Digital Government Implementation and its Implications for Accounting Systems and Data Security https://advancesinresearch.id/index.php/AAAR/article/view/453 <p><strong>Purpose:</strong> This study investigates the implications of digital government implementation on public sector accounting systems and data security. The purpose is to explore how digital technologies enhance financial management transparency and accountability while addressing the challenges related to data security in public administration.</p> <p><strong>Research Design and Methodology:</strong> The research adopts a qualitative approach using a systematic literature review (SLR) to analyze relevant studies on digital government, accounting systems, and data security. The methodology involved reviewing recent articles and studies to understand the subject comprehensively.</p> <p><strong>Findings and Discussion</strong>: The findings reveal that technologies such as cloud computing, AI, machine learning, and blockchain have significantly improved the efficiency and accuracy of public sector financial reporting. Blockchain enhances transparency by ensuring the immutability of financial transactions. However, the study also highlights challenges such as cybersecurity risks, data breaches, and the need for comprehensive data governance frameworks. The findings emphasize the importance of human resources preparedness and infrastructure readiness to implement digital accounting systems effectively.</p> <p><strong>Implications:</strong> The study’s practical implications suggest that policymakers must invest in secure digital infrastructure, provide continuous training for government employees, and establish strong data governance frameworks. These strategies are critical for ensuring digital government systems' effectiveness, security, and accountability.</p> Noordiyati Noordiyati, Fakhri Fakhri Copyright (c) 2025 Noordiyati Noordiyati, Fakhri Fakhri https://creativecommons.org/licenses/by-sa/4.0 https://advancesinresearch.id/index.php/AAAR/article/view/453 Fri, 31 Jan 2025 00:00:00 +0000 Evaluation of Traditional and Innovative Budget Approaches in Improving Resource Allocation Efficiency https://advancesinresearch.id/index.php/AAAR/article/view/457 <p><strong>Purpose:</strong> This study evaluates the strengths and limitations of traditional and innovative budgeting approaches and their impact on resource allocation efficiency in public and private organizations. The research seeks to identify how hybrid budgeting systems can address the challenges of traditional methods while enhancing flexibility, accountability, and responsiveness in financial management.</p> <p><strong>Research Design and Methodology:</strong> A qualitative systematic literature review (SLR) was conducted to synthesize insights from relevant studies on traditional and innovative budgeting frameworks, including Performance-Based Budgeting (PBB) and Zero-Based Budgeting (ZBB). The research draws from peer-reviewed academic articles, case studies, and financial management reports to comprehensively understand budgeting practices across various organizational contexts.</p> <p><strong>Findings and Discussion:</strong> The findings reveal that traditional budgeting provides stability and control but lacks adaptability in dynamic environments due to its reliance on historical data and fixed expenditure categories. In contrast, innovative approaches such as PBB and ZBB enhance resource allocation efficiency by linking budgets to performance outcomes and encouraging critical evaluation of expenditures. However, these methods face challenges related to technological infrastructure, managerial readiness, and internal resistance. The discussion highlights the potential of hybrid systems that combine traditional approaches' stability with innovative methods' flexibility to create more adaptive financial management systems.</p> <p><strong>Implications:</strong> This study offers valuable insights for policymakers and practitioners by recommending adopting hybrid budgeting approaches supported by cloud-based financial systems and comprehensive training programs. By fostering a culture of accountability and transparency, organizations can enhance resource allocation, improve financial performance, and build resilience to economic and policy changes.</p> Dwi Sunaryo, Nofarina Maulida Yanti, Rifqi Amrulloh, Tina Lestari Copyright (c) 2025 Dwi Sunaryo, Nofarina Maulida Yanti, Rifqi Amrulloh, Tina Lestari https://creativecommons.org/licenses/by-sa/4.0 https://advancesinresearch.id/index.php/AAAR/article/view/457 Fri, 31 Jan 2025 00:00:00 +0000