JAT : Journal Of Accounting and Tax

ASSESSING THE ECONOMIZATION, EFFICIENCY AND EFFECTIVENESS OF HUMAN RESOURCES FUNCTIONS THROUGH MANAGEMENT AUDIT AT PILLAR MAS GROUP

2025-01-21T14:56:17+07:00

This study aims to assess the economy, efficiency, and effectiveness of HR functions and provide recommendations for various issues found at Pilar Mas Group. The HR functions examined include HR planning, HR recruitment, HR selection and placement, HR training and development, career planning and development, employee performance evaluation, compensation and rewards, occupational health and safety, employee job satisfaction, and termination of employment. The study employs a qualitative method with a descriptive qualitative approach. Data collection methods include observation, interviews, and documentation. Data analysis techniques involve categorizing audit findings based on elements of condition, criteria, cause, and effect. The results indicate that HR planning, selection and placement, career planning and development, and termination of employment are not yet operating economically, efficiently, and effectively. HR recruitment, training and development, performance evaluation, compensation and rewards, occupational health and safety, and employee job satisfaction are functioning economically, efficiently, and effectively.

ENHANCING INTERNAL CONTROL THROUGH THE IMPLEMENTATION OF ACCOUNTING SYSTEMS AND PROCEDURES FOR WORKING CAPITAL CREDIT PROVISION

2025-01-21T14:55:58+07:00

PT. BPR Nusamba Wlingi is one of the many BPRs that are involved in improving people's living standards. PT. BPR Nusamba Wlingi also provides credit facilities that can be utilized by business people as a solution for business or enterprise developers. Credit is the provision of loans or financing by lenders to borrowers with a repayment process that takes place in stages over a period of time agreed by both parties. The method used in this research is a descriptive qualitative approach. In this research, data collection uses observation, interviews and documentation. Data analysis uses data reduction and data presentation. Test the validity of the data using source triangulation. The results of the research can be concluded that
(1) the system and procedures for providing working capital credit that have been carried out are quite good with the use of forms and separation of functions having been carried out according to procedures using the 5C principle, namely: Character, Capacity, Capital, Collateral and Condition (2) the internal control system for providing working capital credit is effective. However, there are still multiple job functions found, so additional internal auditor functions are needed and a Surprised Audit is carried out

OPTIMIZING PRICING STRATEGIES: THE ROLE OF FULL COSTING IN ACCURATE PRODUCTION COST ANALYSIS

2025-01-21T14:55:39+07:00

This study explores the implementation of full costing as a method to enhance the accuracy of production cost calculations and its implications for pricing strategies in small and medium enterprises (SMEs). Using a case study of Kerupuk Rambak Pak Djarwo, the research compares traditional costing practices with the full costing method. Data were collected through interviews, observations, and documentation, focusing on production cost data from 2023. The findings reveal a significant difference in production costs between the two methods, with full costing providing a more comprehensive accounting of overhead costs such as managerial salaries and utilities. This approach ensures more accurate pricing, aligning with true production costs, which is critical for competitiveness and profitability. However, the study identifies challenges in adopting full costing, including resource constraints and a lack of expertise. The research emphasizes the need for capacity-building initiatives and technological integration to facilitate the transition. The findings offer actionable insights for SMEs and policymakers to enhance financial management practices and foster long-term sustainability in competitive markets.

STRENGTHENING CASH MANAGEMENT THROUGH EFFECTIVE INTERNAL CONTROL SYSTEMS

2025-01-21T14:56:36+07:00

This study evaluates the effectiveness of cash management practices in financial institutions by examining their alignment with the Committee of Sponsoring Organizations of the Treadway Commission (COSO) framework. Utilizing a qualitative research methodology, the study highlights systematic procedures for account openings, deposits, and withdrawals, ensuring operational transparency, efficiency, and customer satisfaction. The findings emphasize the importance of robust internal controls in mitigating risks, safeguarding assets, and improving process reliability. Key COSO components—control environment, risk assessment, control activities, information and communication, and monitoring—are applied to strengthen cash management systems, reducing fraud and enhancing financial reporting accuracy. This structured approach not only facilitates compliance with regulatory standards but also fosters stakeholder confidence and institutional sustainability. The study concludes with recommendations to optimize cash management practices and address emerging challenges in financial governance.

HOW FINANCIAL LITERACY AND LIFESTYLE SHAPE IMPULSIVE BUYING HABITS IN E-COMMERCE

2025-01-21T14:55:19+07:00

This study examines the influence of financial literacy and lifestyle on impulsive buying behavior among e-commerce users in Tulungagung, Indonesia. Using an explanatory quantitative approach and survey data from 120 respondents, the analysis was conducted with the Partial Least Squares (PLS) method via SmartPLS software. The findings reveal that while lifestyle significantly and positively impacts impulsive buying behavior, financial literacy does not have a significant independent effect. Together, these variables explain 54.7% of the variance in impulsive buying, suggesting a moderate influence and highlighting the role of other potential factors. The results emphasize that a modest lifestyle observed among the Tulungagung community mitigates impulsive buying tendencies despite active online shopping habits, whereas financial literacy alone may be insufficient to prevent impulsive behavior, particularly among younger consumers. These insights underscore the need for integrated strategies combining financial education and behavioral interventions to promote responsible consumption, offering practical implications for policymakers, educators, and e-commerce platforms.

UNLOCKING FINANCIAL INSIGHTS: EVALUATING PERFORMANCE THROUGH KEY RATIOS

2025-01-21T14:55:00+07:00

This study analyzes the financial performance of Pabrik Gula Modjopanggoong through key financial ratios, including liquidity, activity, solvency, and profitability. Using financial data from 2019 to 2023, the study employs a descriptive quantitative approach to evaluate the company’s financial stability and operational efficiency. The findings reveal that liquidity ratios, such as Current Ratio and Quick Ratio, fall below industry standards, reflecting challenges in meeting short-term obligations. Activity ratios demonstrate poor asset utilization, with a low Total Asset Turnover (TATO), although inventory management, as measured by Inventory Turnover (ITO), is efficient. Solvency ratios, including Debt-to-Equity Ratio (DER) and Debt-to-Asset Ratio (DAR), show favorable values, indicating minimal reliance on debt. However, profitability ratios, such as Net Profit Margin (NPM) and Return on Assets (ROA), are suboptimal due to declining sales and high operational costs. These results highlight the need for improved asset management and operational strategies to enhance profitability and competitiveness. The study provides actionable insights for optimizing financial performance and ensuring long-term sustainability.