ANALISIS PENYAJIAN INFORMASI KEUANGAN DAN NON KEUANGAN PADA BADAN USAHA MILIK NEGARA (BUMN) DI INDONESIA

The rapid development of the internet fairly significantly affect the way companies carry out activities of business reporting and accounting practices. Internet has several characteristics and advantages in the overall disclosure, among others, is the pervasiveness, no boundaries, timely communication, and low cost. Indonesian state-owned companies in the country are required to provide the widest possible public information pursuant to Act No. 14 of 2008, one of the alternatives to present information to the public in an appropriate manner, fast and low cost to the community or the government. The purpose of this study was to describe the presentation of financial information and non-financial state-owned enterprises Non-Listed inter-related with the presentation of Internet Financial Reporting and Legal - Law No. 14 of 2008. This study is an exploratory study using census method. This study used a sample of Non-Listed state-owned companies in Indonesia a number of 75 companies that have been observed as much as two times of observation in the period October to December 2016. The results of this study indicate that there are still many companies that do not make good use of Internet Financial Reporting and have not been able to apply the information non-financial in accordance with the Law well

An Investigation on User Perceived Credibility of United States Government Climate Change Websites

This study investigates how users perceive United States government climate change websites (i.e., Environmental Protection Agency and National Aeronautics and Space Administration). Twelve subjects participated in a usability evaluation remotely. Results inform specific opportunities to improve perceived credibility and usability of United States government websites designed for combating climate change. Websites that are more transparent with their budget and projects are perceived to be more credible. The existence of a relationship between perceived usability and credibility was also further substantiated by the results.Master of Science in Information Scienc

Financial reporting with XBRL and its impact on the accounting profession

Since 2010, XBRL (eXtensible Business Reporting Language) has been widely adopted throughout the world. In 2013, both the HMRC (Inland Revenue) and Companies House in the UK accepted XBRL in the iXBRL (inline XBRL) format. Investors have had to face various issues related to XBRL-reported financial information, such as accuracy and interpretability, as well as potential risks with respect to this new format of financial reporting. The purpose of this study is to explore the impact of XBRL on the quality of financial reports and the accounting profession. For this study, a quality index evaluation model was built to examine the quality of financial reports. Over a thousand XBRL and non-XBRL formatted financial reports from three typical XBRL-adopting regions were then evaluated. This study finds that some of the contextual and accessibility qualities of financial reports have been greatly improved after using the XBRL format. However, the issue of accuracy has become more visible in current XBRL filings, due to the smaller and less comprehensive quantity of data stored in such filing systems. Using quality index scoring system, the trained professionals participating in this study confirm that XBRL-formatted financial reports demonstrate a greatly improved searching efficiency. Moreover, these reports generally display a quality superior to non-XBRL formatted financial reports under the designed quality index. More importantly, the quality of XBRL-formatted financial reports uploaded in the same database has been improving year by year. XBRL has not directly affected the accounting profession, being that most companies have outsourced the preparation of XBRL reports. However, it should additionally be noted that the questionnaires and interviews conducted with accountants in XBRL-adopting companies also reveal that these professionals feel increasing pressure both to prepare and to utilise XBRL-formatted financial information internally

Corporate internet reporting, firm characteristics, corporate governance and firm financial performance of Saudi listed companies

The increasing use of the internet has created a new opportunity for companies to disseminate different types of information to their current and potential investors via the internet. This type of voluntary disclosure, Corporate Internet Reporting (CIR), can improve the disclosure quality and the transparency to satisfy all users’ needs. Furthermore, corporate governance has attracted considerable global attention, especially after the collapses that have occurred in the financial markets. Recently, a growing interest has evolved in exploring corporate governance in emerging markets due to the increased demand for transparency by stakeholders. To provide new insights, this study aims to explore the extent of CIR, examine its relationship with some corporate governance and firm characteristics variables, and to determine the impact of CIR on firm financial performance. These associations are investigated by employing a quantitative method dependant on a multi-theoretical framework. The study uses a self-constructed disclosure index, which includes 196 items, to measure the CIR of 170 Saudi listed companies. The findings indicate that the level of CIR is, on average, moderate compared to their counterparts in developed countries. Further, the empirical results reveal that firms which are large in size, with low liquidity rate, distribute dividends, have board which is meet less frequently and have less independent members in the audit committee are more likely to have high CIR level. In addition, the results indicate that firm growth, leverage, industry type, audit type, board size, board independence, role duality, block holder ownership, directors ownership, institutional ownership, government ownership, audit committee size and audit committee frequency of meeting appear to be insignificant predictors for CIR total. However, the findings show that the significance of these variables varies among the CIR components: content, presentation, timeliness, usability and audit. Finally, it is statistically evident that CIR has no significant impact on firm financial performance in Saudi listed companies. These findings suggest that further effort is required to enhance the awareness of good corporate governance and that other variables may be more relevant to CIR in the Saudi context