Studi Akuntansi dan Bisnis Indonesia

The Role of Actuarial Accounting in Achieving Financial Sustainability

Hussien Sabea Khamees — Fri, 19 Jun 2026 00:00:00 +0000

Purpose: This study aims to examine actuarial accounting, the role of actuary accountants, and their contribution to enhancing corporate financial sustainability, particularly in companies with long-term financial obligations.

Methodology: The study uses a conceptual and descriptive-analytical approach by reviewing relevant literature on actuarial accounting, risk assessment, and long-term financial planning in corporate finance.

Results: The findings indicate that actuarial accounting plays an important role in strengthening corporate financial sustainability by supporting long-term financial planning and improving risk identification. Actuary accountants contribute significantly by utilizing statistical and historical data to predict future financial events and assess potential risks, thereby enhancing the accuracy of financial forecasting and planning.

Conclusions: The study concludes that actuarial accounting is essential for improving companies’ long-term financial sustainability. The involvement of actuary accountants in financial decision-making processes helps organizations optimize resource allocation and strengthen strategic financial planning.

Limitations: This study is limited to a conceptual analysis based on existing literature and does not include empirical data or case-based validation.

Contribution: This study contributes to the literature by emphasizing the importance of actuarial accounting and actuary accountants in improving long-term financial sustainability and supporting more effective corporate decision-making processes.

Blockchain Technology and Its Impact on Accounting Information Reliability and Quality in Iraqi Banks

Sarhan Ajaj Alo — Wed, 24 Jun 2026 00:00:00 +0000

Purpose: This study investigates the impact of applying blockchain technology on enhancing the reliability and quality of accounting information in Iraqi banks, addressing persistent challenges of weak transparency, data manipulation risk, and outdated financial information systems.

Methodology: A descriptive-analytical design was used with a structured questionnaire distributed to 140 employees from ten Iraqi banks, including accountants, auditors, managers, and IT staff. Data were analyzed using SPSS with descriptive statistics and linear regression.

Results: Blockchain technology has a significant positive effect on accounting information reliability and quality (R = 0.498; R² = 0.413; F = 47.439; p < 0.001). A one-unit increase in adoption improves accounting information quality by 35%, with all dimensions scoring above the neutral midpoint (3.0).

Conclusions: The findings confirm that blockchain technology substantially enhances data accuracy, reduces manipulation, strengthens internal controls, and supports real-time financial transparency in Iraqi banking institutions.

Limitations: The study is limited to a convenience sample of ten Iraqi banks and relies solely on self-reported perceptions, which may not fully capture technological implementation realities across the broader banking sector.

Contribution: This research contributes empirical evidence from an emerging economy context, providing a scientific framework for policymakers and practitioners to guide blockchain adoption in accounting information systems within Iraq and comparable developing nations.

Liquidity, Leverage, and Profitability Effects on Firm Value in Pharmaceutical Healthcare Sector (2021–2024)

Revita Diaz Andini, Mar’atus Solikah, Faisol — Thu, 02 Jul 2026 00:00:00 +0000

Purpose: This study analyzes the effect of liquidity, leverage, and profitability on firm value in pharmaceutical and healthcare sub-sector companies listed on the Indonesia Stock Exchange (IDX) during 2021–2024, motivated by declining firm value and inconsistent prior findings.

Methodology: A quantitative causal design is used with secondary data from annual reports of 13 companies, resulting in 52 observations. The sample is selected using purposive sampling. Data are analyzed using panel data regression with the Random Effect Model (REM) in STATA 14.

Results: Liquidity has no significant effect on firm value (p=0.415), leverage has a significant negative effect (p=0.028), and profitability is not significant (p=0.150). However, all variables jointly affect firm value.

Conclusions: Leverage is the only significant determinant of firm value, while liquidity and profitability are not significant individually. Firms should manage capital structure more effectively to enhance investor confidence and firm value.

Contribution: This study contributes empirically by providing evidence from the underexplored pharmaceutical and healthcare sector in Indonesia and clarifying inconsistent findings on liquidity, leverage, and profitability effects on firm value. It also enriches capital structure literature using panel data analysis.

Limitations: This study is limited to 13 firms over a four-year period (2021–2024), which restricts generalizability. It only uses three financial variables and excludes macroeconomic and non-financial factors that may also influence firm value.

Digital Transformation in Accounting: Challenges, Risks, and Financial Reporting Quality

Waad Dhahir Oleiwi — Wed, 08 Jul 2026 00:00:00 +0000

Purpose: This study investigates the challenges and risks associated with digital transformation in the accounting profession and evaluates its effect on the reliability of financial statements and the quality of accounting reports.

Methodology: A descriptive analytical approach was employed, synthesizing peer reviewed literature, professional body publications, and comparative empirical evidence on artificial intelligence, blockchain, cloud computing, and cybersecurity in accounting contexts across developed and emerging economies.

Results: Digital transformation improves data accuracy, processing speed, and audit efficiency, yet simultaneously introduces cybersecurity exposure, a persistent digital skills gap, legacy system integration difficulties, and regulatory uncertainty that jointly moderate these benefits. Two comparative tables
synthesizing technology adoption rates and reported outcome metrics illustrate that benefits are unevenly distributed across firm size and technology type.

Conclusions: Digital transformation exerts a statistically supported positive influence on financial statement reliability and accounting report quality, although this influence is meaningfully constrained
by cybersecurity threats, workforce readiness, and regulatory lag, confirming that technology adoption alone cannot guarantee improved reporting outcomes without complementary organizational investment.

Limitations: The analysis relies on secondary literature rather than newly collected primary data, and the pace of technological change means some findings may evolve rapidly.

Contributions: The study integrates fragmented strands of accounting technology research into a single moderating framework and offers clear, practical guidance for organizations, accountants, and regulators navigating digital transformation.

Financial Resilience of Food and Beverage SMEs in the VUCA Era: Qualitative Study in Tuban

Fadhoilus Shofi — Wed, 15 Jul 2026 00:00:00 +0000

Purpose: This study explores how food and beverage MSMEs build financial resilience in the VUCA era through everyday financial practices, digital transactions, working capital discipline, and crisis-oriented decision making.

Methodology: A qualitative case study design was used. Data were collected through semi-structured interviews, observation, and document review involving selected MSME owners or managers in Tuban Regency. The data were analyzed using thematic analysis with triangulation and
member checking.

Results: The findings show that MSME financial resilience is formed through five practices: separating business and household cash, maintaining flexible working capital, adapting prices and procurement, using fintech for transaction records, and relying on supplier-customer networks during uncertainty.

Conclusions: Financial resilience in a VUCA environment is not merely determined by the size of capital, but by disciplined cash behavior, adaptive capability, digital financial literacy, and the ability to interpret market signals.

Contribution: The article contributes a context-based qualitative explanation of MSME financial resilience and offers practical guidance for MSME assistance programs.

Limitations: This study is limited to food and beverage MSMEs in Tuban Regency and uses qualitative interpretation based on selected informants.

Contribution: The article
contributes a context-based qualitative explanation of MSME financial resilience and offers practical guidance for MSME assistance programs.