THE ROLE OF ACCOUNTING INFORMATION SYSTEMS IN IMPROVING SME’S SUCCESSFUL

Chrisna Suhendi, Luluk Muhimatul Ifada, Sri Layla Wahyu Istanti

Abstract


Abstrak – Peran Sistem Informasi Akuntansi dalam Mendorong Kesuksesan UKM

Tujuan Utama - Penelitian ini dilakukan untuk mengidentifikasi pengaruh pemanfaatan informasi akuntansi, modal usaha dan ketidakpastian lingkungan pada keberhasilan Usaha Kecil Menengah (UKM) kedepannya.

Metode - Penelitian ini menggunakan metode regresi linier berganda. Sejumlah pelaku UKM di Jawa Tengah menjadi sampel.

Temuan Utama - Penggunaan SIA di UKM mengambil bagian penting dalam perencanaan, pengendalian, pengorganisasian kegiatan dan pengambilan keputusan bisnis. Hal ini akan berdampak pada kesuksesan bisnis yang lebih mudah untuk dicapai. Selain itu, pengelolaan modal usaha memiliki dapat menjamin kelangsungan dan pertumbuhan UKM dengan menyediakan likuiditas yang memadai.

Implikasi Teori dan Kebijakan – Para pelaku usaha UKM harus mengelola keuangannya seperti pembukuan agar lebih cepat dan efisien. Sementara itu, pemerintah diharapkan mendorong dan memberikan kemudahan kepada para pelaku UKM dalam mencapai keberhasilan usaha.

Kebaruan Penelitian – Penelitian ini lebih memfokuskan pada UKM yang pada saat ini sedang terdampak Covid-19 dengan harapan mampu melihat peluang untuk tetap sukses dalam kondisi yang tidak menentu.

 

Abstract – The Role of Accounting Information Systems in Improving SMEs’ Successful

Main Purpose - This study was conducted to identify the effect of using accounting information, venture capital and environmental uncertainty on the success of Small and Medium Enterprises (SMEs).

Method - This research uses a multiple linear regression method. Several SME players in Central Java are the samples.

Main Findings - The use of AIS in SMEs plays an important part in planning, controlling, organizing activities and making business decisions. This system will impact business success, which is easier to achieve. In addition, business capital management can ensure the continuity and growth of SMEs by providing adequate liquidity.

Theory and Practical Implications – SME business actors must manage their finances, such as bookkeeping, to be faster and more efficient. Meanwhile, the government is expected to encourage and provide convenience to SMEs in achieving business success.

Novelty – This research focuses more on SMEs currently being affected by Covid-19 pandemy in the hope of seeing opportunities to remain successful in uncertain conditions.


Keywords


accounting information systems; business capital; environmental uncertainty; stakeholders

Full Text:

PDF

References


Abdullah, A., Thomas, B., Murphy, L., & Plant, E. (2018). An Investigation of the Benefits and Barriers of E-Business Adoption Activities in Yemeni SME. Strategic Change, 27(3), 195-208. https://doi.org/10.1002/jsc.2195.

Achadiyah, B. N. (2019). Otomatisasi Pencatatan Akuntansi pada UMKM. Jurnal Akuntansi Multiparadigma, 10(1), 188-206. https://doi.org/10.18202/jamal.2019.04.10011

Afifa, M. M. A., & Saleh, I. (2022). Management Accounting Systems Effectiveness, Perceived Environmental Uncertainty, and Companies’ Performance: The Case of Jordanian Companies. International Journal of Organizational Analysis, 30(2), 259-288. https://doi.org/10.1108/IJOA-07-2020-2288

Agostini, L., Nosella, A., & Soranzo, B. (2017). Measuring the Impact of Relational Capital on Customer Performance in the SME B2B Sector. Business Process Management Journal. 23(6) 1144-1166. https://doi.org/10.1108/bpmj-10-2016-0205

Ahmad, K., & Zabri, S. M. (2015). Factors Explaining the Use of Management Accounting Practices in Malaysian Medium-Sized Firms. Journal of Small Business and Enterprise Development, 22(4), 762-781. https://doi.org/10.1108/JSBED-04-2012-0057

Alarussi, A. S., & Alhaderi, S. M. (2018). Factors Affecting Profitability in Malaysia. Journal of Economic Studies 45(3) 442-458. https://doi.org/10.1108/JES-05-2017-0124

Alkhatib, E., Ojala, H., & Collis, J. (2019). Determinants of the Voluntary Adoption of Digital Reporting by Small Private Companies to Companies House: Evidence from the UK. International Journal of Accounting Information Systems, 34, 100421. https://doi.org/10.1016/j.accinf.2019.06.004

Andrikopoulos, P., & Khorasgani, A. (2018). Predicting Unlisted SMEs’ Default: Incorporating Market Information on Accounting-Based Models for Improved Accuracy. British Accounting Review, 50(5), 559-573. https://doi.org/10.1016/j.bar.2018.02.003

Armitage, H. M., Webb, A., & Glynn, J. (2016). The Use of Management Accounting Techniques by Small and Medium-Sized Enterprises: A Field Study of Canadian and Australian Practice. Accounting Perspectives, 15(1), 31-69. https://doi.org/10.1111/1911-3838.12089

Asatiani, A., Apte, U., Penttinen, E., Rönkkö, M., & Saarinen, T. (2019). Impact of Accounting Process Characteristics on Accounting Outsourcing - Comparison of Users and Non-Users of Cloud-Based Accounting Information Systems. International Journal of Accounting Information Systems, 34, 100419. https://doi.org/10.1016/j.accinf.2019.06.002

Aust, V., Pelger, C., & Drefahl, C. (2021). Exploring the Relationship between Valuation and Stewardship Uses of Accounting Information: Empirical Evidence from German Listed Firms. Journal of International Accounting, Auditing and Taxation, 42, 100375. https://doi.org/10.1016/j.intaccaudtax.2020.100375

Balslev, L., Thrane, S., & Friis, I. (2022). Information Technology Systems Implementation and Processes of Integration and Disintegration: Case Study Evidence from Air Greenland. Journal of Accounting and Organizational Change, 18(3), 419-439. https://doi.org/10.1108/JAOC-12-2019-0125

Baron, J., & Spulber, D. F. (2018). Technology Standards and Standard Setting Organizations: Introduction to the Searle Center Database. Journal of Economics & Management Strategy, 27(3), 462-503. https://doi.org/10.1111/jems.12257

Bedford, D. S., Bisbe, J., & Sweeney, B. (2022). The Joint Effects of Performance Measurement System Design and TMT Cognitive Conflict on Innovation Ambidexterity. Management Accounting Research, 57, 100805. https://doi.org/10.1016/j.mar.2022.100805

Bianchi, C., Glavas, C., & Mathews, S. (2017). SME International Performance in Latin America: The Role of Entrepreneurial and Technological Capabilities. Journal of Small Business and Enterprise Development, 24(1), 176-195. https://doi.org/10.1108/JSBED-09-2016-0142

Biduri, S., Wardani, D. P. K., Hermawan, S., & Hariyanto, W. (2021). Skeptisme Pelaku Usaha Mikro terhadap Standar Akuntansi. Jurnal Akuntansi Multiparadigma, 12(2), 431-448. https://doi.org/10.21776/ub.jamal.2021.12.2.25

Blackburn, R., Carey, P., & Tanewski, G. (2018). Business Advice by Accountants to SMEs: Relationships and Trust. Qualitative Research in Accounting and Management, 15(3), 358–384. https://doi.org/10.1108/QRAM-04-2017-0022

Boccaletti, S., Rossi, E., & Rossolini, M. (2022). How Can SMEs Signal Their Quality and Growth Orientation to the Market? An Analysis of the Cost of Italian Corporate Mini-Bonds. Journal of International Financial Management & Accounting, 33(2), 219-251. https://doi.org/10.1111/jifm.12157

Bowen, R. (2020). Motives to SME Internationalisation: A Comparative Study of Export Propensity among Food and Drink SMEs in Wales and Brittany. Cross Cultural and Strategic Management, 27(1), 67-90. https://doi.org/10.1108/CCSM-08-2018-0125

Brennan, N. M., Subramaniam, N., & Staden, C. J. V. (2019). Corporate Governance Implications of Disruptive Technology: An Overview. British Accounting Review, 51(6), 100860. https://doi.org/10.1016/j.bar.2019.100860

Cardoni, A., Zanin, F., Corazza, G., & Paradisi, A. (2020). Knowledge Management and Performance Measurement Systems for SMEs’ Economic Sustainability. Sustainability (Switzerland) 12(7), 12072594. https://doi.org/10.3390/su12072594

Cascino, S., Clatworthy, M. A., Osma, B. G., Gassen, J., & Imam, S. (2021). The Usefulness of Financial Accounting Information: Evidence from the Field. The Accounting Review, 96(6), 73–102. https://doi.org/10.2308/TAR-2019-1030

Clegg, B. (2018). Perceptions of Growth-Impeding Constraints Acting upon SMEs’ Operations and the Identification and Use of Transitionary Paths to Elevate Them. International Journal of Operations & Production Management, 38(3), 756-783. https://doi.org/10.1108/IJOPM-12-2015-0736

Dow, K. E., Watson, M. W., & Shea, V. J. (2017). Riding the Waves of Technology through the Decades: The Relation between Industry-Level Information Technology Intensity and the Cost of Equity Capital. International Journal of Accounting Information Systems, 25, 18-28. https://doi.org/10.1016/j.accinf.2017.03.001

Drum, D., Pernsteiner, A., & Revak, A. (2017). Workarounds in an SAP Environment: Impacts on Accounting Information Quality. Journal of Accounting and Organizational Change, 13(1), 44-64. https://doi.org/10.1108/JAOC-05-2015-0040

Gao, L. (2020> Exploring the Data Processing Practices of Cloud ERP—A Case Study. Journal of Emerging Technologies in Accounting, 17(1), 63–70. https://doi.org/10.2308/jeta-52680

Giannopoulos, V., & Aggelopoulos, E. (2019). Predicting SME Loan Delinquencies during Recession Using Accounting Data and SME Characteristics: The Case of Greece. Intelligent Systems in Accounting, Finance and Management, 26(2), 71-82. https://doi.org/10.1002/isaf.1456

Guo, F., Luo, X., Wheeler, P. R., Yang, L., Zhao, X., & Zhang, Y. (2021). Enterprise Resource Planning Systems and XBRL Reporting Quality. Journal of Information Systems, 35(3), 77–106. https://doi.org/10.2308/ISYS-2020-007

Hamad, H., Elbeltagi, I., & El-Gohary, H. (2018). An Empirical Investigation of Business-to-Business E-Commerce Adoption and Its Impact on SMEs Competitive Advantage: The Case of Egyptian Manufacturing SMEs. Strategic Change, 27(3), 209-229. https://doi.org/10.1002/jsc.2196.

Hanggraeni, D., Sulung, L. A. K., Nikmah, U., & Hapsari, A. F. (2017). Determinan Kinerja Usaha Mikro, Kecil, dan Menengah. Jurnal Akuntansi Multiparadigma, 8(3), 487-498. https://doi.org/10.18202/jamal.2017.12.7068

Hann, R. N., Kim, H., Wang, W., & Zheng, Y. (2020). Information Frictions and Productivity Dispersion: The Role of Accounting Information. The Accounting Review. 95(3), 223-250. https://doi.org/10.2308/ACCR-52658

Heinicke, A. (2018). Performance Measurement Systems in Small and Medium-Sized Enterprises and Family Firms: A Systematic Literature Review. Journal of Management Control, 28(4), 457-502. https://doi.org/10.1007/s00187-017-0254-9

Henri, J., & Wouters, M. (2020). Interdependence of Management Control Practices for Product Innovation: The Influence of Environmental Unpredictability. Accounting, Organizations and Society, 86, 101073. https://doi.org/10.1016/j.aos.2019.101073

Huang, T., & Yasuda, K. (2016). Comprehensive Review of Literature Survey Articles on ERP. Business Process Management Journal, 22(1), 2-32. https://doi.org/10.1108/BPMJ-12-2014-0122

Joyce, Y. (2020), Building Trust in Crisis Management: A Study of Insolvency Practitioners and the Role of Accounting Information and Processes. Contemporary Accounting Research, 37(3), 1622-1657. https://doi.org/10.1111/1911-3846.12577

Kharbat, F. F., & Muqattash, R. (2020). Accounting Information System Courses: Developing a Hybrid Syllabus in the Era of Digitization. International Journal of Digital Accounting Research, 20, 135-167. https://doi.org/10.4192/1577-8517-v20_6

Khedmati, M., Lim, E. K., Naiker, V., & Navissi, F. (2019). Business Strategy and the Cost of Equity Capital: An Evaluation of Pure Versus Hybrid Business Strategies. Journal of Management Accounting Research, 31(2), 111-141. https://doi.org/10.2308/jmar-52171

Latan, H., Jabbour, C. J. C., Jabbour, A. B. L. D. S., Wamba, S. F., & Shahbaz, M. (2018). Effects of Environmental Strategy, Environmental Uncertainty and Top Management’s Commitment on Corporate Environmental Performance: The Role of Environmental Management Accounting. Journal of Cleaner Production. 27(3), 922-940.https://doi.org/10.1016/j.jclepro.2018.01.106

Li, H. J., Chang, S. I., Wang, T., & Chang, L. M. (2020). Information Technology Internal Control Items for the Post-Implementation Phase of Enterprise Resource Planning Systems. Journal of Information Systems, 34(3), 159–197. https://doi.org/10.2308/isys-52615

Li, S. X., & Sandino, T. (2018). Effects of an Information Sharing System on Employee Creativity, Engagement, and Performance. Journal of Accounting Research, 56(2), 713-747. https://doi.org/10.1111/1475-679X.12202

Long, Y., Li, P., & You, B. (2014). Knowledge Transfer, Governance Mechanisms in Alliance and Environmental Uncertainty: An Empirical Study. Chinese Management Studies. 8(3), 438-472. https://doi.org/10.1108/CMS-07-2013-0129

Lyngstadaas, H., & Berg, T. (2016). Working Capital Management: Evidence from Norway. International Journal of Managerial Finance. 12(3) 295-313. https://doi.org/10.1108/IJMF-01-2016-0012

Maelah, R., & Yadzid, N. H. N. (2018). Budgetary Control, Corporate Culture, and Performance of Small and Medium Enterprises (SMEs) in Malaysia. International Journal of Globalisation and Small Business, 10(1), 77-99. https://doi.org/10.1504/IJGSB.2018.091831

Mao, Y. (2021). Managing Innovation: The Role of Collateral. Journal of Accounting and Economics, 72(1), 101419. https://doi.org/10.1016/j.jacceco.2021.101419

Matthias, M., Giammarino, M., & Gabbi, G. (2019) Modeling Hard and Soft Facts for SMEs: Some International Evidence. Journal of International Financial Management & Accounting, 30(3), 203-222. https://doi.org/10.1111/jifm.12108

Ndiaye, N., Razak, L. A., Nagayev, R., & Ng, A. (2018). Demystifying Small and Medium Enterprises’ (SMEs) Performance in Emerging and Developing Economies. Borsa Istanbul Review, 18(4), 269–281. https://doi.org/10.1016/j.bir.2018.04.003

Nuryahya, E., Ichsana, Y., & Andini, K. (2019). Perilaku Pengguna Sistem Informasi Akuntansi E-Commerce. Jurnal Akuntansi Multiparadigma, 10(3), 502-515. https://doi.org/10.21776/ub.jamal.2019.10.3.29

O'Leary, D. E. (2017). Configuring Blockchain Architectures for Transaction Information in Blockchain Consortiums: The Case of Accounting and Supply Chain Systems. Intelligent Systems in Accounting, Finance and Management, 24(4), 138-147. https://doi.org/10.1002/isaf.1417

Okundaye, K., Fan, S. K.. & Dwyer, R. J. (2019). Impact of Information and Communication Technology in Nigerian Small-to Medium-Sized Enterprises. Journal of Economics, Finance and Administrative Science, 24(7), 29-46. https://doi.org/10.1108/JEFAS-08-2018-0086

Omri, A., Frikha, M. A., & Bouraoui, M. A. (2015). An Empirical Investigation of Factors Affecting Small Business Success. Journal of Management Development. 34(9) 1073-1093https://doi.org/10.1108/JMD-07-2013-0088

Orobia, L. A., Nakibuuka, J., Bananuka, J., & Akisimire, R. (2020). Inventory Management, Managerial Competence and Financial Performance of Small Businesses. Journal of Accounting in Emerging Economies, 10(3), 379–398. https://doi.org/10.1108/JAEE-07-2019-0147

Pedroso, E., & Gomes, C. F. (2020). The Effectiveness of Management Accounting Systems in SMEs: A Multidimensional Measurement Approach. Journal of Applied Accounting Research, 21(3), 497-515. https://doi.org/10.1108/JAAR-05-2018-0059

Perez-Estebanez, R., Urquía-Grande, E., & Rautiainen, A. (2018). Technological and Economic Factors Determining ICT Level: Evidence from Rural Micro-Businesses in Democratic Republic of Congo. Journal of International Development. 30(1) 118-133. https://doi.org/10.1002/jid.3281

Peris-Ortiz, M., Devece, C., & Hikkerova, L. (2020). How Mobile Technologies Support Business Models: Case Study-Based Empirical Analysis. Canadian Journal of Administrative Sciences, 37(1), 95-105. https://doi.org/10.1002/cjas.1550

Prabhudesai, R., & Prasad, C. V. V. S. N. V. (2017). Antecedents of SME Alliance Performance: A Multilevel Review. Management Research Review, 40(12), 1261-1279. https://doi.org/10.1108/MRR-12-2016-0286

Radzi, K., M., Nor, M. N. M., & Ali, S. M. (2017). The Impact of Internal Factors on Small Business Success: A Case of Small Enterprises under the Felda Scheme. Asian Academy of Management Journal, 22(1), 27-55. https://doi.org/10.21315/aamj2017.22.1.2

Raymond, L., Bergeron, F., Croteau, A., & Uwizeyemungu, S. (2019). Determinants and Outcomes of IT Governance in Manufacturing SMEs: A Strategic IT Management Perspective. International Journal of Accounting Information Systems, 35, 14670895. https://doi.org/10.1016/j.accinf.2019.07.001

Ritchi, H., Azis, Y., Adrianto, Z., Setiono, K., & Sanjaya, S. (2020). In-App Controls for Small Business Accounting Information System: A Study of Domain Understanding. Journal of Small Business and Enterprise Development, 27(1), 31-51. https://doi.org/10.1108/JSBED-12-2018-0372

Ruivo, P., Oliveira, T., & Neto, M. (2014). Examine ERP Post-Implementation Stages of Use and Value: Empirical Evidence from Portuguese SMEs. International Journal of Accounting Information Systems, 15(2), 166-184. https://doi.org/10.1016/j.accinf.2014.01.002

Santoso, G., & Soeherman, B. (2021). Leanovation sebagai Revolusi Akuntansi Manajemen pada Sistem Crowdfunding. Jurnal Akuntansi Multiparadigma, 12(2), 329-350. https://doi.org/10.21776/ub.jamal.2021.12.2.19

Sardo, F., & Serrasqueiro, Z. (2021). Determinants of Working Capital: Empirical Evidence on Manufacturing SMEs. Journal of Economic Studies. 49(3) 506-521. https://doi.org/10.1108/JES-10-2020-0513

Schröder, L. M., Bobek, V., & Horvat, T. (2021). Determinants of Success of Businesses of Female Entrepreneurs in Taiwan. Sustainability (Switzerland), 13(9), 4842. https://doi.org/10.3390/su13094842

Themsen, T. N., & Skærbæk, P. (2018). The Performativity of Risk Management Frameworks and Technologies: The Translation of Uncertainties into Pure and Impure Risks. Accounting, Organizations and Society, 67, 20-33. https://doi.org/10.1016/j.aos.2018.01.001

Tzempelikos, N., & Kooli, K. (2018). Moderating Effects of Environmental Uncertainty on Behavioural Intentions in Business Markets – A Study Across Theoretical Perspectives. Journal of Business and Industrial Marketing. 33(7) 1037-1051. https://doi.org/10.1108/JBIM-12-2017-0308

Weber, R. (2020). Taking the Ontological and Materialist Turns: Agential Realism, Representation Theory, and Accounting Information Systems. International Journal of Accounting Information Systems, 39, 100485. https://doi.org/10.1016/j.accinf.2020.100485

Wilkin, C. L., & Chenhall, R. H. (2020). Information Technology Governance: Reflections on the Past and Future Directions. Journal of Information Systems, 34(2), 257–292. https://doi.org/10.2308/isys-52632

Wu, G. C. (2013). The Influence of Green Supply Chain Integration and Environmental Uncertainty on Green Innovation in Taiwan’s IT industry. Supply Chain Management. 52(6). https://doi.org/10.1108/SCM-06-2012-0201

Zeng, Y. R., Wang, L., & Xu, X. H. (2017). An Integrated Model to Select an ERP System for Chinese Small- and Medium-Sized Enterprise under Uncertainty. Technological and Economic Development of Economy, 23(1), 38-58. https://doi.org/10.3846/20294913.2015.1072748

Zhang, Y., Ardakani, S. P., & Han, W. (2021). Smart Ledger: The Blockchain-Based Accounting Information Recording Protocol. Journal of Corporate Accounting and Finance, 32(4), 147-157. https://doi.org/10.1002/jcaf.22515

Zhang, Y., Wang, L., Gao, J., & Li, X. (2020). Servitization and Business Performance: The Moderating Effects of Environmental Uncertainty. Journal of Business and Industrial Marketing. 35(5) 803-815. https://doi.org/10.1108/JBIM-03-2019-0123




DOI: http://dx.doi.org/10.21776/ub.jamal.2022.13.2.19

Refbacks

  • There are currently no refbacks.


Copyright (c) 2022 Chrisna Suhendi, Luluk Muhimatul Ifada, Sri Layla Wahyu Istanti

Creative Commons License
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.