Ilomata International Journal of Tax and Accounting https://www.ilomata.org/index.php/ijtc <p><span style="font-family: helvetica; font-size: small;"><span style="font-family: helvetica; font-size: medium;">Ilomata International Journal of Tax and Accounting With ISSN Number <a href="http://u.lipi.go.id/1569455897" target="_blank" rel="noopener"><strong>2714-9846 (Online)</strong></a> - <strong><a href="http://u.lipi.go.id/1569455507" target="_blank" rel="noopener">2714-9838 (Print)</a></strong> is a journal publishes by Yayasan Ilomata, published original scholarly papers across the whole spectrum of accounting and taxation. The journal attempts to assist in the understanding of the present and potential ability of accounting to aid in the recording and interpretation of international economic transactions and taxation practices</span></span></p> en-US novianita@ilomata.org (Novianita Rulandari) amrullahsukses@gmail.com (Amrullah) Sat, 31 Jul 2021 00:00:00 +0000 OJS 3.1.2.1 http://blogs.law.harvard.edu/tech/rss 60 The The Influence of Corporate Governance Perception Index, Profitability Ratio and Firm Size to Company Value (CGPI And Listed Companies On The IDX) https://www.ilomata.org/index.php/ijtc/article/view/238 <p>This research is based on the problem of what factors can affect the value of company in the form of book value of shares (PBV) in companies that are ranked CGPI and listed on the IDX 2014-2018. CGPI itself is a Corporate Governance index given by the IICG institution to participating companies in accordance with the results of research on corporate governance mechanisms. This study aims to analyze the effect of the Corporate Governance Perception Index, Profitability Ratios, and Company Size on Firm Value in companies that are ranked CGPI and listed on the IDX during the 2014-2018 period with a sample of 11 companies using purposive sampling technique. The results of Multiple Linear Regression Statistical Analysis show that (1) The effect of CGPI on Book Value of Shares (PBV) is positive and significant (2) The effect of ROA on Book Value of Shares (PBV) does not have a positive and significant effect (3) Effect of ROE on Firm Value (PBV) is positive and significant (4) The influence of Company Size on Company Value (PBV) does not have a positive and significant effect (5) CGPI, Return On Assets, Return On Equity, and Company Size simultaneously have an influence on Firm Value.</p> Eva Safina Rose, Siti Arbainah, Suko Raharjo, Ardian Widiarto Copyright (c) 2021 Eva Safina Rose, Siti Arbainah, Suko Raharjo, Ardian Widiarto https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijtc/article/view/238 Fri, 30 Jul 2021 00:00:00 +0000 General Insurance Subsector Financial Performance in 2020/2021: Does the Covid-19 Pandemic Matter? https://www.ilomata.org/index.php/ijtc/article/view/268 <h1>This paper is aimed at analyzing the impact of the covid-19 pandemic on the performance of general insurance subsector in Indonesia. Secondary data obtained from the Indonesia Financial Service Authority which include annual growth rate (year on year) of total asset, technical reserve, investment, equity, and net premium income for the periods between April 2019, 2020 and 2021 to March 2019, 2020 and 2021 were used in this study. Using the dependent sample t-test, it is revealed that the impacts of the covid-19 pandemic on the performance of general insurance subsector were varied. The growth rates of the total asset, total investment, and net premium income of general insurance subsector significantly decreased during the covid-19 pandemic. The decline of these variables was influenced by the covid-19 pandemic. In the meantime, the growth rate of technical reserve and equity were not significantly influenced by the covid-19 pandemic. The growth rate of these variables decreases; however, the degree of decreases was not statistically significant. Findings of the study indicate that further study is required to examine in more detail the factors that potentially affect the performance of the general insurance subsector in relation to the covid-19 pandemic.</h1> Toto Sugiharto Copyright (c) 2021 Toto Sugiharto https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijtc/article/view/268 Fri, 30 Jul 2021 00:00:00 +0000 The Role Of Good Governance In Economic Growth: Mediated By Regional Financial Performance And Capital Expenditure Allocation https://www.ilomata.org/index.php/ijtc/article/view/277 <h1 style="text-align: justify; tab-stops: 251.25pt; margin: 0cm 0cm 6.0pt 0cm;"><span style="font-size: 12.0pt; line-height: 107%; font-family: 'Garamond','serif'; color: black; background: white;">This study aims to analyze the effect of good governance on regional financial performance and allocation of capital expenditures and their impact on economic growth in districts and cities in Riau Province. The research was conducted quantitatively with a causal and descriptive research design. The population in this study were 12 districts and cities in Riau Province. Data samples were obtained from the Revenue Service and the Regional Financial and Asset Management Office of Riau Province. The research was carried out by census on budget realization reports from 2016 to 2020 so that 60 data were obtained. The data analysis technique used was Partial Least Square (PLS) analysis. The results of this study indicate that good governance has a significant effect on regional financial performance and allocation of capital expenditures. Regional financial performance has a significant effect on the allocation of capital expenditures and does not have a significant effect on economic growth. Direct capital expenditure allocation has no significant effect on economic growth. Indirectly, good governance has a significant effect on economic growth through regional financial performance and allocation of capital expenditures. </span></h1> Y Rahmat Akbar, Maraini Maraini Copyright (c) 2021 Y Rahmat Akbar https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijtc/article/view/277 Fri, 30 Jul 2021 00:00:00 +0000 Digital Transformation of Self Assessment System on Final Income Tax in Small Micro Business and Medium at Pratama Tax Office of West Bekasi https://www.ilomata.org/index.php/ijtc/article/view/285 <p>The phenomenon in this study is related to the self-assessment system for taxpayers in the context of the Government Regulation Number 23 of 2018 implementation, where many Micro, Small, and Medium Enterprises (MSMEs) do not understand tax administration and consider taxation obligations to be complicated. The purpose of this study is to find out and analyze the self-assessment system for final tax income on MSMEs at the Pratama Tax Office of West Bekasi in 2018-2020 along with the obstacles and efforts made by the tax office regarding the self-assessment system. This research is descriptive research with a qualitative approach. Data analysis was carried out using qualitative methods. The results of this study indicate that the implementation of Government Regulation Number 23 of 2018 regarding the self-assessment system has not fully run as expected. In terms of registration and reporting, taxpayers have complied with these regulations, but in calculating and paying their taxes they have not fully complied with the rules. The obstacles include MSMEs who are still unfamiliar with taxes and do not understand IT, regulators who are still having trouble supervising the taxation activities of taxpayers, and the lack of tax dissemination and counseling. As a result, the MSME tax contribution has decreased during 3 years due to the decline in the MSME Tax rate. The average contribution of MSME tax revenue at the Primary Tax Office of West Bekasi is 8.77% of final income tax receipts.</p> Dwikora Harjo, Novianita Rulandari, Aprilia Alfani, Raveedhan Syachlin Copyright (c) 2021 Dwikora Harjo,Novianita Rulandari, Aprilia Alfani, Raveedhan Syachlin https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijtc/article/view/285 Fri, 30 Jul 2021 00:00:00 +0000 Conventional Financial Performance, Economic Value Added, Human Economic Value Added, Value Added Intellectual Coefficient And Its Impact On Stock Return Of Companies Operating In Energy Sector In Indonesia And Malaysia https://www.ilomata.org/index.php/ijtc/article/view/286 <p>Return is one of the factors that investors pay attention in determining their investment policies. For this reason, this study analyzes the effect of several conventional financial performance indicators such as total asset turnover, current assets, debt to equity ratio, and return on assets to stock returns. Other variables that are seen as new indicators such as economic value added, human economic value added, and value added intellectual capital are also examined for their effects on stock returns. Companies engaged in the energy sector in Indonesia and Malaysia were made as objects in this study. OLS regression is used to analyze the effect of independent variables on the dependent variable. The results of an analysis of energy company data in Indonesia show that debt to equity ratio and human economic value added have a negative and significant effect on stock returns, while economic value added and value added intellectual capital have a positive and significant effect on stock returns. As for the object of research on energy companies in Malaysia, the results showed that total asset turnover, economic value added and value added intellectual capital had a positive and significant effect on stock returns.</p> Anton Wijaya Copyright (c) 2021 Anton Wijaya https://creativecommons.org/licenses/by/4.0 https://www.ilomata.org/index.php/ijtc/article/view/286 Fri, 30 Jul 2021 00:00:00 +0000