Vol. 11 No. 2 (2021)

This edition presents ten articles that delve into important issues in accounting, auditing, governance, and sustainability. The first article discusses the impact of foreign institutional ownership and the presence of foreign directors and commissioners on corporate profitability, providing an international perspective on business practices in Indonesia. This is followed by a study on the audit expectation gap in the public sector in Gambia, highlighting accountability challenges in developing countries.

The cultural and social aspects of accounting are showcased through an article on the culture of corruption and the symbolic rationality of accounting information, as well as a study on accounting ethics in financial reporting using the metaphor of Lawang Sewu. Lawang Sewu is a place with many doors (a thousand doors). Interestingly, this is used by researchers to discuss the topic of accounting ethics. Other topics include industry regulation explored in the discussion of the implementation of PSAK 64 to reduce conservatism in the extractive industry, as well as research on matching costs and revenues on royalty expenses.

In the area of sustainability, an article on the determination of carbon emission disclosures by manufacturing companies in Indonesia provides an overview of corporate commitment to the environment. Meanwhile, in the field of budgeting, research on budgetary participation, information asymmetry, and organizational commitment in relation to budgetary slack provides important insights for managerial practices.

Other articles examine tax compliance from the perspective of respectful treatment and institutional image, which is relevant for improving national revenue. As a conclusion, there is research on earnings management practices using the Modified Jones Model in companies within the Kompas 100 index, providing an actual overview of the quality of financial reporting in the Indonesian capital market.

This edition is expected to enrich the knowledge of academics, practitioners, and policymakers in understanding various contemporary accounting issues, both in local and global contexts.