IMPROVING THE TIMELINESS OF FINANCIAL REPORTING: THE CONTRIBUTION OF HUMAN RESOURCE AND IT QUALITY

Abstract

This study aims to examine the influence of Human Resource (HR) quality and information technology (IT) on the timeliness of financial reporting. Timely financial reporting is a crucial aspect in ensuring transparency and accountability of the company to its stakeholders. In the increasingly developing digital era, the use of information technology is expected to improve the efficiency of the financial reporting process. The data used in this study is primary data. The sampling technique total sampling by distributing questionnaires. The sample of this study consist of the Heads of Financial Affairs within the Election Supervisory Board (Bawaslu) offices at the regional level. The analytical method used includes Partial Least Squares Structural Equation Modelling (PLS-SEM) with Smart PLS to test group differences and simultaneously examine the relationships among variables in the structural model. The variables in this study are Human Resource Quality as an independent variable, Information Technology as an independent variable, and Timeliness of Financial Reporting as the dependent variable. The analysis results show that Human Resource Quality has a significant effect on the timeliness of financial reporting, and Information Technology also significantly affects the timeliness of financial reporting. Furthermore, the Normed Fit Index (NFI) value of 0.748, indicates that the research model fits well with the data used. These findings highlight the importance of improving HR competencies and the adequate implementation of information technology in supporting timely financial reporting processes. The implications of this study for companies and policymakers are the need for investment in HR development and increased use of technology to enhance financial reporting performance.