Management information systems and the quality of financial statements in local government

Abstract

Accountability and transparency of public institutions at both central and local levels is a phenomena which is a major issue these days. The demand for a form of providing information and on government financial activities and performance to the public is a form of accountability and transparency. This study aims to determine the effect of the adoption of Government Accounting Standards, Utilization of SIMDA, and Obedience to Regulations on the Quality of Financial Statements. The study population is the financial part of each OPD and the Regional Financial Board in the Regional Government Organization of Tabanan Regency with the research sample being the head, head of the field, and Tabanan Regency Regional Financial Board staff. The data analysis method used is multiple linear regression. The results showed that Government Accounting Standards (SAP) had a positive effect on the quality of financial statements. SIMDA has a positive effect on the quality of financial statements, and regulations and regulations have a positive effect on the quality of financial statements.

The Influence of Information Asymmetry on Accounting Fraud Trends

“…They also need reliable, varied and relevant information in their decision-making efforts. Yuesti et al, (2020) have the opinion that "public sector accounting has a central role in providing financial reports as a form of implementing public accountability." Accounting and financial reports have the meaning of a process of collecting, processing and communicating information that has uses in decision making and for assessing the performance of an organization (Yuesti et al, 2020).…”

Analysis of Regency and City Government Financial Reports in Provinsi Nusa Tenggara Barat

“…Therefore, information needs in the public sector are more varied, information is not limited to financial information produced from the organization's accounting system. Nonmonetary information such as service performance must also be considered in decision-making (Yuesti et al, 2020).…”

A Study of Efficacy of Information Systems and Performance Accountability in Governmental Agency

“…Additionally, built around institutional theory, Han (2020) stated that deficits in information provision, assessment, and consequence can relatively affect the success or failure of federal agency performance accountability. In light of the information provision and assessment, Yuesti et al (2022) found the positive effect of conforming to government accounting standards, adopting government information systems, and complying with regulations regarding the quality of financial statements and performance of local governments. Given the relative void in the efficacy of information system quality towards the quality of performance accountability, more studies to unveil the factors should be warranted.…”