Digital Accounting Transformation Enhancing MSMEs’ Financial Efficiency Through Information Quality: Using SEM Approach

Maryanto; Zachari Abdallah; Nurapni Jami Putri; Ayu Esteka Sari

doi:10.63922/ijbqr.v4i03.5424

Maryanto Sekolah Tinggi Ilmu Ekonomi Sakti Alam Kerinci
Zachari Abdallah Sekolah Tinggi Ilmu Ekonomi Sakti Alam Kerinci
Nurapni Jami Putri Sekolah Tinggi Ilmu Ekonomi Sakti Alam Kerinci
Ayu Esteka Sari Sekolah Tinggi Ilmu Ekonomi Sakti Alam Kerinci

DOI: https://doi.org/10.63922/ijbqr.v4i03.5424

Keywords: Digital Accounting Adoption, Digital Accounting Acceptance, Accounting Information Quality, Financial Management Efficiency, Digital Transformation

Abstract

Digital transformation has accelerated the implementation of digital accounting systems as organizations seek to improve accounting information quality and enhance financial management efficiency. This study aims to examine the effects of digital accounting adoption and digital accounting acceptance on accounting information quality and financial management efficiency. A quantitative approach was employed using survey data collected from 140 respondents, and the proposed model was tested using Structural Equation Modeling (SEM) with AMOS. The results indicate that Digital Accounting Adoption has a positive and significant effect on Accounting Information Quality (β = 0.285, p < 0.001), while Digital Accounting Acceptance demonstrates a stronger positive effect on Accounting Information Quality (β = 0.588, p < 0.001). Furthermore, Accounting Information Quality significantly influences Financial Management Efficiency (β = 0.536, p < 0.001). Digital Accounting Acceptance also directly affects Financial Management Efficiency (β = 0.179, p = 0.045), and Digital Accounting Adoption has a significant positive effect on Financial Management Efficiency (β = 0.191, p = 0.007). The model explains 58.8% of the variance in Accounting Information Quality and 64.5% of the variance in Financial Management Efficiency. These findings highlight that successful digital accounting transformation depends not only on technological adoption but also on user acceptance and the ability to generate high-quality accounting information.

References

Al-Hattami, H.M. and Almaqtari, F.A. (2023) ‘What determines digital accounting systems’ continuance intention? An empirical investigation in SMEs’, Humanities and Social Sciences Communications, 10(1), pp. 1–13. Available at: https://doi.org/10.1057/s41599-023-02332-3.
Al-Khasawneh, R.O. (2022) ‘The Developments of the Digital Technologies in the Accounting Scientific Research in the Light of the Corona Pandemic-An Exploratory Study in the Hashemite Kingdom of Jordan’, WSEAS Transactions on Business and Economics, 19, pp. 1085–1098. Available at: https://doi.org/10.37394/23207.2022.19.95.
Alnasrallah, W. and Saleem, F. (2022) ‘Determinants of the Digitalization of Accounting in an Emerging Market: The Roles of Organizational Support and Job Relevance’, Sustainability (Switzerland), 14(11). Available at: https://doi.org/10.3390/su14116483.
Basar, S.A. et al. (2024) ‘I-FinTech Adoption Mediation on the Financial Literacy Elements and Sustainable Entrepreneurship among Bumiputera MSMEs in Malaysia’, International Journal of Economics and Financial Issues, 14(4), pp. 138–147. Available at: https://doi.org/10.32479/ijefi.16546.
Chanthinok, K. and Sangboon, K. (2021) ‘The Development of Digital Accounting System on Cloud Computing’, Journal of Computer Science, 17(10), pp. 889–904. Available at: https://doi.org/10.3844/jcssp.2021.889.904.
Fuzi, N.M. et al. (2022) ‘Sustainability Management Accounting and Organizational Performance: The Mediating Role of Environmental Management System’, Sustainability (Switzerland), 14(21). Available at: https://doi.org/10.3390/su142114290.
Hasanah, U. and Sulistiyo, H. (2021) ‘the Effect of Cr, Der, and Roe on Stock Prices Transportation Sub Sector Companies Listed on the Indonesia Stock Exchange’, Nominal: Barometer Riset Akuntansi dan Manajemen, 10(1), pp. 102–117. Available at: https://doi.org/10.21831/nominal.v10i1.33761.
Klymenko, O., Halse, L.L. and Jæger, B. (2021) ‘The enabling role of digital technologies in sustainability accounting: Findings from norwegian manufacturing companies’, Systems, 9(2), pp. 1–20. Available at: https://doi.org/10.3390/systems9020033.
Krokhicheva, G. et al. (2020) ‘Digital accounting platform’, E3S Web of Conferences, 224, pp. 1–8. Available at: https://doi.org/10.1051/e3sconf/202022403008.
Luckyanayu, I.H. and Valdiansyah, R.H. (2026) ‘Sustainable Msme Transformation: Integration Of Green Accounting, Digital Competence, And Public Policy’, Equilibrium: Jurnal Penelitian Pendidikan dan Ekonomi, 23(01), pp. 1–13. Available at: https://doi.org/https://doi.org/10.25134/v088wh52.
Mandasari, J. and Nur Fietroh, M. (2022) ‘The Influence of Mental Accounting and Self Control on Boarding Students in Managing Finances’, International Journal of Research and Review, 9(7), pp. 85–90. Available at: https://doi.org/10.52403/ijrr.20220710.
Mohammad, A.A.S. et al. (2025) ‘Data security in digital accounting: A logistic regression analysis of risk factors’, International Journal of Innovative Research and Scientific Studies, 8(1), pp. 2699–2709. Available at: https://doi.org/10.53894/ijirss.v8i1.5044.
Petropoulou, A. et al. (2024) ‘Digital Transformation in SMEs: Pre- and Post-COVID-19 Era: A Comparative Bibliometric Analysis’, Sustainability (Switzerland), 16(23). Available at: https://doi.org/10.3390/su162310536.
Rahmalia, B., Jannah, W. and Handini, M.A. (2026) ‘Financial Literacy And Access To Learning Resources On Financial Behavior Through Financial Self-Efficacy’, Equilibrium: Jurnal Penelitian Pendidikan dan Ekonomi, 23(01), pp. 54–65. Available at: https://doi.org/https://doi.org/10.25134/ph2r8m69.
Sari, A. et al. (2022) ‘Factors Affecting the Acceptance Of Using Tourism Application For Increasing Tourism At Kerinci Regency’, in Proceedings of the 1st International Conference on Economic and Education, pp. 1–8. Available at: https://doi.org/10.4108/eai.14-12-2021.2318316.
Sari, A.E. (2023) ‘Digital Tourism Analysis Based On Technology Acceptance Model (TAM) To Improve Tourist Destinations In Kerinci Regency’, International Journal of Economics, Businesss and Innovation Reserach, 02(05), pp. 35–46. Available at: https://doi.org/10.99075/ijebir/issue/view/23.v1i01.497.
Sari, A.E. and Maryanto (2025) ‘Determination of Digital Accounting Factors to Increase MSMEs Income’, International Journal of Economics, Businesss and Innovation Reserach, 04(02), pp. 132–142. Available at: https://doi.org/10.99075/ijebir/issue/view/62.v1i01.1589.
Sari, R.P., Suroto and Pritandhari, M. (2026) ‘The Effect Of Qr E-Wallet Payment Methods, Money Availability, And Lifestyle On Impulsive Buying Among University Students’, Equilibrium: Jurnal Penelitian Pendidikan dan Ekonomi, 23(01), pp. 137–149. Available at: https://doi.org/https://doi.org/10.25134/ksz1x527.
Vărzaru, A.A. (2022) ‘Assessing Artificial Intelligence Technology Acceptance in Managerial Accounting’, Electronics (Switzerland), 11(14), pp. 1–13. Available at: https://doi.org/10.3390/electronics11142256.