EXPOSING ACCOUNTING-BASED BUDGETING PRACTICES LOCAL WISDOM OF THE NUSANTARA: LITERATURE REVIEW STUDY

Syifaatuz Zadida Ilyas; Fibra Ingwie Z; Endra Ridho N; M. Nazih Akmal U

Syifaatuz Zadida Ilyas Universitas Brawijaya
Fibra Ingwie Z Universitas Brawijaya
Endra Ridho N Universitas Brawijaya
M. Nazih Akmal U Universitas Brawijaya

Keywords: Accountancy ; Practice ; Culture ; Indonesia ; Local wisdom

Abstract

So far, accounting has only been seen as a closely related business activity with debit and credit transactions. Accounting is seen as focusing on financial reports and media for managing finances in the business world. However, in reality accounting can found in everyday life and influenced by the values that exist in life social society. This research aims to reveal accounting practices is motivated by the diversity of cultures in the Nusantara. This research using designStudy Literature Review (SLR)obtained from 10 journals and sources relevant sources. The results of the research are that there is a relationship between cultural values budgeting accounting practices and there are also non-material aspects plays an important role in accounting practice.