Aini Indrijawati¹, Darmawati^2♣, Fathyani Anwar³, Fatmawati⁴, Samsinar⁵

^1,2,5 Department of Accounting, Universitas Hasanuddin, Indonesia
³ Department of Cultural Sciences, Universitas Hasanuddin, Indonesia
⁴ Department of Economics, Universitas Hasanuddin, Indonesia

 
ABSTRACT

There is an urgent and critical need for more accountability in village financial management despite implementing transparency and internal control policies. This study examines the impact of public information disclosure, financial management capacity, and internal control on village financial accountability through a survey of village officials in West Sulawesi. A total of 110 villages from six districts within West Sulawesi participated in the survey. The results reveal that while public information disclosure and financial management capacity do not significantly influence accountability, internal control plays a significant and dominant role. Simultaneously, the three factors significantly impact accountability, with internal control being the most influential. The novelty of this study lies in the finding that although transparency and financial management capacity are essential, internal control proves to be a significant factor in improving village financial accountability. This study highlights the importance of internal control and suggests the need for additional mechanisms to strengthen transparency and financial management capacity. The findings recommend strengthening village financial management training, enhancing transparency mechanisms, and improving internal control systems to ensure greater accountability and alignment with sustainable governance principles.

Keywords: Indonesia, Internal Control, Financial Management Capacity, Village Financial Management, Public Information Disclosure