The Impact of Financial Accounting Standard Implementation and Internal Control Structure on Financial Report Quality and Annual Member Meetings


  • Junaidi Junaidi Department of Accounting, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia
  • Ridwan Ridwan Department of Accounting, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia
  • Fazli Syam BZ Department of Accounting, Faculty of Economics and Business, Universitas Syiah Kuala, Indonesia



financial accounting standard, internal control structure, financial report quality, annual member meetings, West Aceh regency


Cooperatives are proven to be able to make an important contribution to economic development which can improve a community's economy in terms of income increase. The purpose of this study is to examine the effect of Financial Accounting Standards for Entities Without Public Accountability (FAS-EWPA) implementation and internal control structure on cooperatives’ financial report quality and annual member meetings in West Aceh regency, Aceh Province, Indonesia. The research uses a quantitative approach with census methods and a causality study. Unit of analysis is a cooperative employee in West Aceh regency, consisting of 69 cooperatives with the respondent being the administrator and head of the supervisory body. Data was collected by distributing questionnaires to 139 selected respondents. The number of questions consists of 46 items for all the chosen variables. The results of multiple linear regression analysis showed that FAS-EWPA implementation and internal control structure had a significant simultaneous effect and positive significant partial effect on financial report quality and annual member meetings. Based on these findings, it is hoped that cooperatives in the West Aceh regency can improve the implementation of FAS-EWPA and their respective internal controls so that the quality of cooperatives’ financial reporting can keep improving.


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How to Cite

Junaidi , J., Ridwan, R., & BZ, F. S. (2022). The Impact of Financial Accounting Standard Implementation and Internal Control Structure on Financial Report Quality and Annual Member Meetings. International Journal of Finance, Economics and Business, 1(2), 132–140.



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