The Role and
Contribution of the Accounting
Profession in Efforts towards a Golden
Indonesia 2045
Group 3
OUR MEMBER OF GROUP 3
Ria Afrizal
Muhammad Ammar
Wafaa Nurilah
Ahmad Alfredo
Amrul Haz Hasibuan
The Role of Accounting in Sound Financial
Management Towards Golden Indonesia 2045
The Contribution of Accounting to Transparency and Accountability
Accounting As a Measurement of Progress
DISCUSSION
FIRSTLY,
accounting contributes to the promotion of domestic investment.
Investment is needed in various economic sectors to realize the vision of "Golden Indonesia 2045." If investors have confidence that a company's financial reports and investment initiatives will be thoroughly and openly examined, they are more likely to
provide funds.
FURTHERMORE,
in the context of governance, accounting is a vital instrument for enhancing efficiency and accountability in government regulation Good governance practices in government are supported by the accounting profession. Transparency, responsibility, public
engagement, and sensible laws are some of the principles of good governance guidelines.
ADDITIONALLY,
accounting aids in the expansion of the financial industry. The accounting industry assists banks and other financial
organizations in managing credit risks, determining capital needs, and complying with strict accounting laws.
The Role of Accounting in Healthy Financial
Management Towards
Golden Indonesia 2045
“The accounting
profession has a very important role in
Indonesia's efforts to become a sustainable
developed country in
2045”
Financial Transparency and Accountability
Efficient Financial Management Careful budget preparation
Financial Risk Management
Compliance with International Standards
Strict Supervision and Audit
Education and Professional
Development
WHY ACCOUNTABILITY AND TRANSPARENCY ARE IMPORTANT?
Transparency and accountability are two key concepts that must be adhered to on the journey towards a Golden Indonesia 2045. Transparency refers to the openness and traceability of financial and operational information.
Meanwhile, accountability relates to the responsibility of individuals or entities for their actions and decisions
TRANSPARENCY
Transparency means the obligation for managers to implement the principle of openness in the decision process and conveying information. With transparent financial reports, investors and other stakeholders can easily understand company performance and make informed decisions.
ACCOUNTABILITY
Accountability is a very important principle in avoiding harmful behavior. Apart from that, accountability also plays a role in improving the quality of accounting professional services.
Accounting Contribution in Transparency and
Accountability
Accounting Contribution in Transparency and Accountability
Auditya (2013:24) believes that the government also has
an important role in creating an environment that
supports transparency and accountability in the
accounting profession.
the accounting profession can also play a role in ensuring that the results of these infrastructure
projects truly benefit society.
Through project performance audits, accountants can help
identify problems or
discrepancies that could affect project results (Hardian. Y., 2023)