Implementation of accrual accounting by the Indonesian central government: An investigation of social factors

Public sector accounting reforms have resulted in crucial changes in accounting reporting by the government, namely the adoption of accrual accounting in the public sector. This study looks into the social factors that led to the Indonesian central government implementing accrual accounting reform....

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Autores principales:	Khoirul Aswar, Ermawati, Wisnu Julianto
Formato:	article
Lenguaje:	EN
Publicado:	LLC "CPC "Business Perspectives" 2021
Materias:	accountability accrual accounting audit process management change political will pressure Public finance K4430-4675
Acceso en línea:	https://doaj.org/article/3db1dc6e77114538b0066be6d5bcdf1c
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spelling	oai:doaj.org-article:3db1dc6e77114538b0066be6d5bcdf1c2021-11-23T08:36:18ZImplementation of accrual accounting by the Indonesian central government: An investigation of social factors10.21511/pmf.10(1).2021.122222-18672222-1875https://doaj.org/article/3db1dc6e77114538b0066be6d5bcdf1c2021-11-01T00:00:00Zhttps://www.businessperspectives.org/images/pdf/applications/publishing/templates/article/assets/15842/PMF_2021_01_Aswar.pdfhttps://doaj.org/toc/2222-1867https://doaj.org/toc/2222-1875Public sector accounting reforms have resulted in crucial changes in accounting reporting by the government, namely the adoption of accrual accounting in the public sector. This study looks into the social factors that led to the Indonesian central government implementing accrual accounting reform. This study adopted a quantitative approach using purposive sampling. Structural Equation Modeling (SEM) with PLS version 3.0 was used to analyze the data. The information for this study was gathered using a Google Form, which was used to send 70 questionnaires to government finance officials, chief accountants and auditors, and heads of accounting and auditing divisions in the Ministry of Finance. Seeing these social factors is expected to increase the effectiveness of the administration of accrual accounting implementation. The results showed that pressure from donors, pressure from the National Board of Accountants and Auditors (NBAA), political will, and audit process had an impact on the effectiveness of accrual accounting application (AAA). However, management change, regulatory matters, and a culture of transparency have no effect. In addition, the effective administration of AAA affects managerial accountability. This study implies that the effective application of accrual accounting depends on human-related concerns and culture. It is important to note that accrual accounting is more of a management reform that entails changes to bigger areas of institutional and accountability systems than merely adopting a new accounting technology.Khoirul AswarErmawatiWisnu JuliantoLLC "CPC "Business Perspectives"articleaccountabilityaccrual accountingaudit processmanagement changepolitical willpressurePublic financeK4430-4675ENPublic and Municipal Finance, Vol 10, Iss 1, Pp 151-163 (2021)
institution	DOAJ
collection	DOAJ
language	EN
topic	accountability accrual accounting audit process management change political will pressure Public finance K4430-4675
spellingShingle	accountability accrual accounting audit process management change political will pressure Public finance K4430-4675 Khoirul Aswar Ermawati Wisnu Julianto Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
description	Public sector accounting reforms have resulted in crucial changes in accounting reporting by the government, namely the adoption of accrual accounting in the public sector. This study looks into the social factors that led to the Indonesian central government implementing accrual accounting reform. This study adopted a quantitative approach using purposive sampling. Structural Equation Modeling (SEM) with PLS version 3.0 was used to analyze the data. The information for this study was gathered using a Google Form, which was used to send 70 questionnaires to government finance officials, chief accountants and auditors, and heads of accounting and auditing divisions in the Ministry of Finance. Seeing these social factors is expected to increase the effectiveness of the administration of accrual accounting implementation. The results showed that pressure from donors, pressure from the National Board of Accountants and Auditors (NBAA), political will, and audit process had an impact on the effectiveness of accrual accounting application (AAA). However, management change, regulatory matters, and a culture of transparency have no effect. In addition, the effective administration of AAA affects managerial accountability. This study implies that the effective application of accrual accounting depends on human-related concerns and culture. It is important to note that accrual accounting is more of a management reform that entails changes to bigger areas of institutional and accountability systems than merely adopting a new accounting technology.
format	article
author	Khoirul Aswar Ermawati Wisnu Julianto
author_facet	Khoirul Aswar Ermawati Wisnu Julianto
author_sort	Khoirul Aswar
title	Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
title_short	Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
title_full	Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
title_fullStr	Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
title_full_unstemmed	Implementation of accrual accounting by the Indonesian central government: An investigation of social factors
title_sort	implementation of accrual accounting by the indonesian central government: an investigation of social factors
publisher	LLC "CPC "Business Perspectives"
publishDate	2021
url	https://doaj.org/article/3db1dc6e77114538b0066be6d5bcdf1c
work_keys_str_mv	AT khoirulaswar implementationofaccrualaccountingbytheindonesiancentralgovernmentaninvestigationofsocialfactors AT ermawati implementationofaccrualaccountingbytheindonesiancentralgovernmentaninvestigationofsocialfactors AT wisnujulianto implementationofaccrualaccountingbytheindonesiancentralgovernmentaninvestigationofsocialfactors
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Implementation of accrual accounting by the Indonesian central government: An investigation of social factors

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