STUDI LITERATUR: IMPLEMENTASI DAN DAMPAK PENGGUNAAN ANALISIS ANGGARAN TERHADAP PENGENDALIAN KEUANGAN DI INDUSTRI MANUFAKTUR

Ravel Anwar; Zakiyatul Amaliyah; Raisa Dea Fitrasari; Rachman Hadi

Authors

Ravel Anwar Politeknik Istikom Bina Citra Informatika
Zakiyatul Amaliyah Politeknik Istikom Bina Citra Informatika
Raisa Dea Fitrasari Politeknik Istikom Bina Citra Informatika
Rachman Hadi Politeknik Istikom Bina Citra Informatika

Keywords:

Budget Analysis, Financial Control, Manufacturing

Abstract

Managing finances within the manufacturing industry is crucial to a company's success. Without adequate control, companies may face the risk of inflated production costs and financial losses. Budget analysis, through the periodic creation, monitoring, and evaluation of budgets, is an essential tool for financial planning and control. This research reviews the literature on the implementation and impact of budget analysis in financial control within the manufacturing industry. The scope encompasses the implementation process, the use of technology, constraints, challenges, and their impact on the effectiveness of financial control, operational efficiency, accountability, transparency, and financial performance. The methodology employed is a literature review from sources such as Google Scholar, JSTOR, ScienceDirect, and IEEE Xplore, using keywords such as 'budget analysis' and 'financial control.' The data collection procedure involves searching, evaluating abstracts, selecting articles, and conducting an in-depth analysis. The findings indicate that budget analysis can enhance operational efficiency, reduce costs, and improve accountability and transparency, collectively enhancing the company's financial performance. The challenges encountered include resistance from organizational culture and the need for technological adaptation. The recommendations include investing in staff training, adopting appropriate technology, and enhancing transparency

References

Anggraeni, D. (2019). Analisis Anggaran dan Pengendalian Keuangan di Industri Manufaktur. Jurnal Akuntansi Keuangan Indonesia, 12(3), 45-60.

Prasetyo, H. (2020). Studi Empiris Pengaruh Implementasi Anggaran Terhadap Efektivitas Pengendalian Keuangan di Perusahaan Manufaktur. Jurnal Ekonomi dan Bisnis, 15(1), 88-102.

Wijayanti, S. (2018). Pengaruh Sistem Anggaran terhadap Pengendalian Keuangan: Studi Kasus di Industri Manufaktur. Jurnal Manajemen Keuangan, 10(2), 34-47.

Saputra, R. (2017). Efektivitas Penggunaan Anggaran dalam Pengendalian Keuangan pada Perusahaan Manufaktur di Indonesia. Jurnal Akuntansi dan Keuangan, 8(4), 56-70.

ABC Manufacturing Company. (2018). “Case Study on Budgeting and Financial Control.” Journal of Manufacturing Finance, vol. 12, pp. 34-56.

Armstrong, P., & Thomas, H. (2019). “The Impact of Budgetary Control on Organizational Performance in Manufacturing Firms.” International Journal of Business and Management, vol. 8, no. 4, pp. 44-58.

Bhimani, A. (2013). "Management Accounting in the Digital Economy." New York: Oxford University Press.

Garrison, R. H., & Noreen, E. W. (2014). Managerial Accounting. 14th edition. McGraw-Hill Education.

Gunasekaran, A., & Kobu, B. (2020). "Performance Measures and Metrics in Logistic and Supply Chain Management: A Review of Recent Literature (1995–2003)." International Journal of Production Research, vol. 43, no. 5, pp. 41-58.

Horngren, C. T., Datar, S. M., & Rajan, M. V. (2015). Cost Accounting: A Managerial Emphasis. 16th edition. Pearson Education.

Institute of Finance Studies. (2020). "Effective Budgetary Control and Financial Performance in Manufacturing Companies." Working Paper Series, No. 102.

Jones, G. R., & George, J. M. (2018). Contemporary Management. 9th Edition. McGraw-Hill Education.

Kasilingam, D. L. & Abdul-Rahman, K. (2019). "Enhancing Transparency and Accountability in Financial Reporting Through Budgeting." Journal of Finance and Management Research, vol. 12, no. 3, pp. 72-85.

Kieso, D. E., Weygandt, J. J., & Warfield, T. D. (2016). Intermediate Accounting. 16th edition. Wiley.

Ofori, G., & Yazdani, B. (2017). "Budgetary Control in the Manufacturing Sector: A Case Study Approach." Journal of Business Economics and Management, vol. 18, no. 3, pp. 123-135.

Penman, S. H. (2013). Financial Statement Analysis and Security Valuation. 5th edition. McGraw-Hill Education.

University of Finance. (2019). "Impact of Integrated Budget Software on Operational Efficiency." Financial Research Review, vol. 15, no. 2, pp. 89-102.

XYZ Research Institute. (2020). "Budgetary Control and Manufacturing Efficiency: An Empirical Analysis." Journal of Operational Management, vol. 22, no. 1, pp. 55-77.

(2022). The Value Relevance of Operational Innovation: Insights from the Perspective of Firm Life Cycle. Sustainability, 14(4), 2058.

Anwar, R., Yuniarsih, Y., Depeda, A. P., Tambunan, E. C., & Rosa, T. (2022). Penggunaan Analisis Anggaran Sebagai Alat Perencanaan Dan Pengendalian Keuangan Dalam Perusahaan. JOEL: Journal of Educational and Language Research, 1(8), 1083-1096.