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The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak

Received: 27 August 2023    Accepted: 13 September 2023    Published: 27 September 2023
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Abstract

This research aims to evaluate the performance of accountants currently working remotely due to the COVID-19 pandemic and identify the factors that might influence their productivity. Although companies have been aware of the benefits of technology, they have not fully utilized it to optimize their operations until the pandemic hit in 2020. While previous studies have examined the impact of remote work in different regions, there is limited research on the accountancy industry in Indonesia. Therefore, this study aims to enhance our scientific understanding of this phenomenon. The research collected data from 186 accountants through a Google form using SEM-PLS and SmartPLS 4.0. The study also presents a model that demonstrates the connection between these competencies, their perceived significance, and productivity. Interestingly, the research discovered no significant correlation between accountants’ technological and technical skills and online productivity. However, the study revealed that soft-skill accountants tend to be more productive. This finding underscores the importance of cultivating soft skills and technical and technological expertise in accounting. The study also found that 43% of the participants believed working from home would improve their productivity. These results suggest that companies should adopt a more flexible and remote work arrangement rather than adhere to a traditional office-based work culture. This research provides valuable insights into how the accounting industry can adapt and thrive in a remote work environment, given the unique circumstances of the COVID-19 pandemic.

Published in International Journal of Economics, Finance and Management Sciences (Volume 11, Issue 5)
DOI 10.11648/j.ijefm.20231105.12
Page(s) 223-233
Creative Commons

This is an Open Access article, distributed under the terms of the Creative Commons Attribution 4.0 International License (http://creativecommons.org/licenses/by/4.0/), which permits unrestricted use, distribution and reproduction in any medium or format, provided the original work is properly cited.

Copyright

Copyright © The Author(s), 2024. Published by Science Publishing Group

Keywords

Accountant, Accountant Technical Competency, Information Technology Competency, Soft Skill Competency

References
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Cite This Article
  • APA Style

    Amelia Setiawan, Hamfri Djajadikerta, Samuel Wirawan, Sandra Faninda, Haryanto Haryanto. (2023). The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak. International Journal of Economics, Finance and Management Sciences, 11(5), 223-233. https://doi.org/10.11648/j.ijefm.20231105.12

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    ACS Style

    Amelia Setiawan; Hamfri Djajadikerta; Samuel Wirawan; Sandra Faninda; Haryanto Haryanto. The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak. Int. J. Econ. Finance Manag. Sci. 2023, 11(5), 223-233. doi: 10.11648/j.ijefm.20231105.12

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    AMA Style

    Amelia Setiawan, Hamfri Djajadikerta, Samuel Wirawan, Sandra Faninda, Haryanto Haryanto. The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak. Int J Econ Finance Manag Sci. 2023;11(5):223-233. doi: 10.11648/j.ijefm.20231105.12

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  • @article{10.11648/j.ijefm.20231105.12,
      author = {Amelia Setiawan and Hamfri Djajadikerta and Samuel Wirawan and Sandra Faninda and Haryanto Haryanto},
      title = {The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak},
      journal = {International Journal of Economics, Finance and Management Sciences},
      volume = {11},
      number = {5},
      pages = {223-233},
      doi = {10.11648/j.ijefm.20231105.12},
      url = {https://doi.org/10.11648/j.ijefm.20231105.12},
      eprint = {https://article.sciencepublishinggroup.com/pdf/10.11648.j.ijefm.20231105.12},
      abstract = {This research aims to evaluate the performance of accountants currently working remotely due to the COVID-19 pandemic and identify the factors that might influence their productivity. Although companies have been aware of the benefits of technology, they have not fully utilized it to optimize their operations until the pandemic hit in 2020. While previous studies have examined the impact of remote work in different regions, there is limited research on the accountancy industry in Indonesia. Therefore, this study aims to enhance our scientific understanding of this phenomenon. The research collected data from 186 accountants through a Google form using SEM-PLS and SmartPLS 4.0. The study also presents a model that demonstrates the connection between these competencies, their perceived significance, and productivity. Interestingly, the research discovered no significant correlation between accountants’ technological and technical skills and online productivity. However, the study revealed that soft-skill accountants tend to be more productive. This finding underscores the importance of cultivating soft skills and technical and technological expertise in accounting. The study also found that 43% of the participants believed working from home would improve their productivity. These results suggest that companies should adopt a more flexible and remote work arrangement rather than adhere to a traditional office-based work culture. This research provides valuable insights into how the accounting industry can adapt and thrive in a remote work environment, given the unique circumstances of the COVID-19 pandemic.},
     year = {2023}
    }
    

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    T1  - The Consequences of Work from Home Policy on the Productivity of Indonesian Accountants During the COVID-19 Outbreak
    AU  - Amelia Setiawan
    AU  - Hamfri Djajadikerta
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    JF  - International Journal of Economics, Finance and Management Sciences
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    PB  - Science Publishing Group
    SN  - 2326-9561
    UR  - https://doi.org/10.11648/j.ijefm.20231105.12
    AB  - This research aims to evaluate the performance of accountants currently working remotely due to the COVID-19 pandemic and identify the factors that might influence their productivity. Although companies have been aware of the benefits of technology, they have not fully utilized it to optimize their operations until the pandemic hit in 2020. While previous studies have examined the impact of remote work in different regions, there is limited research on the accountancy industry in Indonesia. Therefore, this study aims to enhance our scientific understanding of this phenomenon. The research collected data from 186 accountants through a Google form using SEM-PLS and SmartPLS 4.0. The study also presents a model that demonstrates the connection between these competencies, their perceived significance, and productivity. Interestingly, the research discovered no significant correlation between accountants’ technological and technical skills and online productivity. However, the study revealed that soft-skill accountants tend to be more productive. This finding underscores the importance of cultivating soft skills and technical and technological expertise in accounting. The study also found that 43% of the participants believed working from home would improve their productivity. These results suggest that companies should adopt a more flexible and remote work arrangement rather than adhere to a traditional office-based work culture. This research provides valuable insights into how the accounting industry can adapt and thrive in a remote work environment, given the unique circumstances of the COVID-19 pandemic.
    VL  - 11
    IS  - 5
    ER  - 

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Author Information
  • Accounting Department, Faculty of Economics and Business, Parahyangan Catholic University, West Java, Indonesia

  • Accounting Department, Faculty of Economics and Business, Parahyangan Catholic University, West Java, Indonesia

  • Accounting Department, Faculty of Economics and Business, Parahyangan Catholic University, West Java, Indonesia

  • Accounting Department, Faculty of Economics and Business, Parahyangan Catholic University, West Java, Indonesia

  • Accounting Department, Sekolah Tinggi Ilmu Ekonomi Mulia Singkawang, West Kalimantan, Indonesia

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