Ilomata International Journal of Tax and Accounting <div>The Ilomata International Journal of Tax and Accounting is a peer-reviewed, open-access scientific journal that aims to promote an integrated and multidisciplinary approach to tax and accounting. The journal focuses on issues related to the tax and accounting of new methodologies and technologies that contribute to strategic and operational improvements of organizations within the contemporary global environment.<a title=" Journal History" href=""> Journal History</a></div> <div>&nbsp;</div> en-US <p><a href="" rel="license"><img style="border-width: 0;" src="" alt="Creative Commons License"></a><br>This work is licensed under a <a href="" rel="license">Creative Commons Attribution 4.0 International License</a>.</p> (Novianita Rulandari) (Putri Ayu Lestari) Fri, 27 Jan 2023 15:21:23 +0000 OJS 60 The The Role of Firm Size in Moderating the Relationship Between Profitability and Share Prices of Food and Beverage Companies <p>Firm size is still an interesting topic regarding its role in moderating factors that affect share prices. Therefore, the goal of this study is to determine how firm size affects the relationship of profitability, as measured by Gross Profit Margin (GPM), Operating Profit Margin (OPM), and Net Profit Margin (NPM), on share prices of manufacturing companies in the food and beverage sector from 2016 to 2019. Based on the purposive sample technique, 40 observations from 10 companies were chosen. AMOS 24 software was used to do the investigation using the structural equation modeling (SEM) method. In the initial model, it is clear from this analysis that OPM and Company Size significantly affected stock prices. At the same time, there is no significant effect of GPM and NPM on share prices. The second model demonstrates that firm size can moderate the relationship between GPM and OPM on share prices. However, this study cannot prove that firm size can moderate the effect of NPM on share prices.</p> Taufiq Akbar Copyright (c) Sat, 28 Jan 2023 00:00:00 +0000 Utilization of Information and Communication Technology in the Tax Administration System to Increase Taxpayer Compliance <p>Adaptation to changes based on information and communication technology (ICT) causes obstacles and community preparedness for the 5.0 age, also known as society 5.0. This necessitates the digital revolution of all disciplines, including taxation. Government efforts to promote taxpayer compliance include creating a contemporary tax administration system encompassing organizational structure, business processes, information and communication technology, human resource management, and applying good governance. In addition to the tax administration system, taxpayer knowledge also influences the level of taxpayer compliance. This study's objective is to investigate the use of ICT in a modern tax administration system to enhance taxpayer compliance. The main theory in this research is positive accounting theory which was developed by Watt &amp; Zimmerman in 1986. This study employs a qualitative approach and descriptive methodologies. This study demonstrates that the incorporation of ICT is a component of the modernization of the tax administration system. Application of the e-tax system, which comprises E-Registration, E-SPT, E-Filing, E-Payment, Blockchain, Artificial Intelligence (AI), Chatbots, and Biometric Identification, can constitute the use of ICT in the tax administration system. Ease of service, particularly in filling out SPT electronically, or e-SPT, is the method for boosting taxpayer compliance with the modernization of the tax administration system utilizing ICT.</p> Intan Arsitia Djafri, Intan Damawati, Suharto Suharto, I Gusti Agung Raka Putra Satwika, Rahmatullah Rahmatullah Copyright (c) Sat, 28 Jan 2023 16:51:19 +0000 Restaurant Accounting System Studies in Indonesia 2021-2022: A Systematic Literature Review <p>The purpose of this study is to determine whether the design of an accounting system in a restaurant or franchise business can provide benefits in realizing the creation of accounting reporting that has a positive impact on management. In this study, the application of accounting system design using accounting information system applications was taken from the results of research conducted by previous researchers on restaurants and franchise businesses. The study was conducted based on the literature review of the ten previous studies by making a summary of the results and conclusions. Some of the criteria used in selecting articles to be material in this study are as follows: the method used, trends and topics in related research, factors that influence financial reporting and the next best method used in writing financial reports.The design of an accounting information system using a PHP program and a MySQL database can help companies make financial accounting reports which include the calculation of profit and loss from restaurant companies. PHP applications and MySQL databases used by restaurant companies must comply with applicable accounting standards. Technical competence of employees needs to be given support from the top management of the company to receive special training in the use of financial accounting programs, so that the performance of accounting information systems can be measured for success. The involvement of users of the financial accounting information system program in the company has a positive impact on the performance of the financial accounting system.</p> Nelcie Mussa, Yuliana Yuliana, Ika Ismiyar , Effendi Tjahjadi , Agus Munandar Copyright (c) Sat, 28 Jan 2023 16:46:22 +0000 Effect of External Audit Opinions and Audit Committees on Financial Resource Management in Public Sector Entities <p>External audit opinions (EAO) and Audit committees (AC) have been studied in different contexts, yet the link between them and the management of financial resources, especially in government entities in Tanzania, has empirically not been captured. This paper examined the influence of EAO and AC on managing financial resources taking Tanzania government entities as a reference. It uses resources dependency theory to explain the main topic. Data were collected on 230 government entities from Controller and Auditor General (CAG) reports and audited financial statements for 2014/15 to 2019/20. Descriptive statistics and the Fixed effect technique were used to analyze data. The results show that unqualified audit opinion occurred most among public entities. Specifically, the qualified audit opinion occurred most in LGAs. Also, a significant frequency of AC weaknesses appeared in LGAs and Public BICA.Moreover, the estimation results show that audit report positively and significantly influences financial resource management (FRM), whereas AC weakness has a negative relationship with FRM. Therefore, the President’s office and the Parliament should emphasize the management of resources strategies in public entities, especially LGAs. This paper will add knowledge on EAO and AC as tools for financial resources management in government entities.</p> Frank Mwombeki Copyright (c) Sat, 28 Jan 2023 00:00:00 +0000 Fourteen Years of Sustainability Reporting Research in Accounting: Bibliographic Studies <p>Some companies that still apply the single-profit paradigm cause environmental damage, so there is a need for accountability to stakeholder through media sustainability reports. This study aimed to provide an overview of the development of sustainability reporting research for 14 years in Indonesia. Charting the field and analyzing community approach were used in this research. A research sample consisting of 50 articles obtained from 21 journals accredited Sinta 2 from 2009 to January 2022. The results indicated that the most widely used research method is the analytical method and the articles that received the most citations were published in 2015. In addition, this study also found that there are still research variables that are inconsistent with sustainability reporting, namely antecedent variables in the form of audit committees and consequence variables in the form of financial performance. Therefore, it is necessary to conduct an in-depth study to determine the cause of the inconsistency of these variables.</p> Rizky Yuniar SURURI, Y. Anni Aryani, Evi Gantyowati Copyright (c) Sat, 28 Jan 2023 16:21:06 +0000 Corporate Policy Strategy Based on Comparison of Financial Performance Due to the Impact of the Covid-19 Pandemic <p>The analysis carried out to see how far a company has carried out by using the rules of financial implementation correctly and adequately is called financial performance. There are 5 (five) ratios used in assessing a company's financial performance, including liquidity ratios, leverage ratios, activity ratios, profitability ratios, and market value ratios. This study aims to determine policy strategies based on the results of comparative tests of the financial performance of companies in the technology and infrastructure sector before and during the 2018-2021 Covid-19 pandemic. This study uses secondary data. The sampling technique used was the purposive sampling method. This study used the normality test and paired difference test. The results of this study indicate that the financial performance of technology companies during the Covid-19 pandemic obtained significant results for all variables. In contrast, for the variables in the infrastructure sector companies, only one variable was significant. Based on the comparative test results, a policy strategy is needed to overcome problems related to financial performance experienced by infrastructure and technology companies listed on the Indonesia Stock Exchange. Through the eight determined policy strategies, it is expected to be able to make the company survive and choose the proper steps in developing its business.</p> Wiwik Andriani, Rangga Putra Ananto, Dandi Aprila, Wina Nofrima Fitri Copyright (c) Sat, 28 Jan 2023 16:42:02 +0000 The Effects of Audit Firm Size, Audit Tenure, and Audit Rotation on Audit Quality <p>This study examines the effect of audit firm size, audit period, and audit rotation on audit quality. The data come from annual reports of infrastructure, utilities and transportation companies listed on the Indonesia Stock Exchange (IDX) from 2016 to 2020. The sampling method used is purposive sampling. A sample of 267 companies was obtained based on the purposive sampling method. The analysis technique used is logistic regression analysis with SPSS software. This study's results confirm agency theory's role in explaining the relationship between parties with different interests. The research findings reveal that the role of audit professional services performed by audit firms can minimize agency problems that arise. Empirically, study findings show that the size of an audit firm and its audit period positively affect audit quality. Conversely, audit rotation does not affect audit quality. The study results provide a practical contribution so that non-big-4 audit firms can improve audit quality as big-4. Audit firms should also pay attention to sufficient audit tenure, short enough or too long, to produce good audit quality.</p> Kautsar Riza Salman, Bety Setyaningrum Copyright (c) Sat, 28 Jan 2023 00:00:00 +0000 Financial Performance of Banking Companies on IDX Before as Well as During the Covid-19 Pandemic <p>This study aims to determine the financial performance on 44 bank company listed by IDX (Indonesian Stock Exchange) before as well as after the Covid-19 pandemic’s period using&nbsp; Operating Expenses and Operating Income (BOPO), Return On Asset (ROA), Non Performing Loan (NPL), also Capital Adequacy Ratio (CAR) variables and comparative quantitative methods, with difference test analysis tools Paired Simple T-Test and Sign-Wixolcon. The ratio of CAR and NPL was categorized as safe before as well as after the Covid-19 pandemic’s period, and its contrast to the ratio of ROA and BOPO. On the other hand, during the period of Covid-19 pandemic, ROA, CAR and NPL experienced an increase in performance while BOPO experienced a decrease in performance. The results are the ratio of CAR, ROA and NPL showed a sig difference, while the BOPO ratio did not show any sig differences in 44 banking company that listed on the IDX before as well as during the Covid-19 pandemic’s period. According to this, it is recommended that bank management in Indonesia can better control the company's operations more efficiently in future and subsequent research adds a wider sample and increases the duration of the study.</p> Martinus Budiantara, Ratri Paramitalaksmi, Fiki Rihadani Copyright (c) Sat, 28 Jan 2023 00:00:00 +0000 Determinants of Tax Avoidance and Audit Quality as a Moderating Variable <p><span style="font-weight: 400;">Taxes is The largest contribution for every country financial forecast. The Government maximizes their effort to be able increasing taxes, in order to accomplish the needs of their people. Companies are one of the biggest expenses of country need to be able to be financed. As a result, the government's efforts can create conflicts and it is not in line with the company's goals it self. The company will try to do a tax avoidance scheme in order to reduce the amount of the tax burden, however it will trigger various problems. Agency theory that can solve those problems that arise, from company as an agent. There are factors impact on tax avoidance, it consists of institutional ownership and corporate social responsibility. Audit quality is taken as a moderating variable, in analyzing the effect between the two independent variables, either strengthens or weakness. This type of research is quantitative research that uses the company's annual report as sources data. The sample in this study amounted to 43 mining companies listed on the Indonesia Stock Exchange in 2017-2019 and were selected based on purposive sampling technique. The results of data testing show that institutional ownership has no significant positive effect on tax avoidance, while corporate social responsibility has a significant positive effect on tax avoidance. Audit quality is showed to be able to weaken the influence of institutional ownership on tax avoidance and strengthen the influence of corporate social responsibility on tax avoidance.</span></p> Ayunita Ajengtiyas Saputri Mashuri Copyright (c) 2023 Ayunita Ajengtiyas Saputri Mashuri Sat, 04 Feb 2023 23:09:42 +0000 Critical Examination of the Relationship Between Land Taxation and Total Internal Revenue Generated in Kano State, Nigeria <p><span style="font-weight: 400;">The study examined the relationship between land tax and total IGR as well as the proportion land taxes constitute in the total IGR for a period of twelve years.&nbsp; Data were collected through a well-structured questionnaire, personal interviews and review of government documents. Questionnaires were administered to the 31 top management staff at the Board of Internal Revenue Services in Kano State. At the Bureau of Land Management in Kano State, questionnaires were also administered to 25 senior cadre officers. Personal interviews were also conducted. Using the Pearson Correlation Coefficient, the result of the study showed that there was a positive relationship between land taxes and total IGR in Kano States and the strength of association was strong i.e., (0.989) in Kano State. By implication, land tax forms a major source of revenue in the two study areas. In view of this, the study concluded that for government to continue to provide the necessary infrastructure and also maintain them through revenue from land tax, government needs to take into consideration a good property statistics and information together with the property owners, tax laws need to be reviewe\d to tackle tax evasion and at the same time, government should be ready to give proper account of revenue realised through land taxation and this should be published accordingly.</span></p> Atinuke Orekan Copyright (c) Sat, 04 Feb 2023 23:14:14 +0000