FINANCIAL RESILIENCE AS A MODERATOR OF BUDGETARY PARTICIPATION AND ACCOUNTING INFORMATION SYSTEMS IN PRIVATE SCHOOL OPERATIONAL SUSTAINABILITY
Published:
2026-09-23Downloads
Abstract
Private schools in Tapanuli Tengah Regency face significant challenges in maintaining operational sustainability, particularly after the flash floods and landslides of November 2025, which reduced tuition revenue, disrupted teaching and learning activities, and weakened public trust in schools. This study aims to examine the effect of budgetary participation and accounting information systems on school operational sustainability, and to examine the moderating role of financial resilience on both relationships. The study employs a quantitative, associative research design. The population consists of all private senior and vocational high schools in Tapanuli Tengah Regency, using census sampling that involved the principal, treasurer, and one teacher representative from each school as respondents. Data were collected through a Likert-scale questionnaire and analyzed using Structural Equation Modeling based on Partial Least Squares (SEM-PLS) with SmartPLS software. The results show that budgetary participation and accounting information systems have a positive and significant effect on school operational sustainability. Financial resilience was found to moderate and strengthen the effects of both variables, with a stronger moderating role in the relationship between accounting information systems and sustainability than in the relationship involving budgetary participation. These findings indicate that a school's financial resilience determines the extent to which these factors can support operational continuity, particularly in disaster-prone areas. This study contributes theoretically to management accounting and educational-sector accounting studies, and practically to schools and local government in formulating financial policies that support school operational sustainability after natural disasters.
Keywords:
Accounting Information System Budgetary Participation Financial Resilience School Operational SustainabilityReferences
Abd, M., & Shahada, R. (2025). Sustainability in educational institutions: Financial and social perspectives. Journal of Educational Management Studies, 12(1), 45–60.
Ahmad, Z., Rahman, A., & Karim, M. (2022). Budget participation and organizational performance: Empirical evidence from public sector organizations. International Journal of Accounting Research, 10(2), 112–125.
Annarelli, A., & Nonino, F. (2016). Strategic and operational management of organizational resilience: Current state of research and future directions. Omega, 62, 1–18.
Barbera, C., Jones, M., Saliterer, I., & Steccolini, I. (2017). Governmental financial resilience under austerity in Europe. Journal of Public Administration Research and Theory, 27(3), 405–419.
Brownell, P. (1982). Participation in budgeting process: When it works and when it doesn’t. Journal of Accounting Literature, 1, 124–153.
Carvalho, T., Ferreira, A., & Silva, R. (2023). Operational efficiency and sustainability in public organizations. Public Administration Review, 83(2), 289–301.
Duchek, N. (2020). Organizational resilience: A capability-based conceptualization. Business Research, 13(1), 215–246.
Fernández-Miguel, A., Cabello-Medina, C., & Carmona-Lavado, A. (2024). Innovation and sustainability in organizational performance. Journal of Business Research, 170, 114–126.
Ferraro, F. (2023). Corporate sustainability and stakeholder trust. Academy of Management Perspectives, 37(1), 89–104.
Gelinas, U. J., Dull, R. B., & Wheeler, P. R. (2021). Accounting information systems (11th ed.). Cengage Learning.
Hall, J. A. (2018). Accounting information systems (9th ed.). Cengage Learning.
Ionescu, L., Dumitrescu, D., & Toma, S. (2024). Financial performance and sustainability indicators in public sector organizations. Sustainability, 16(2), 1150–1165.
Kays, M., & Sadri, G. (2022). Resilience, sustainability, and organizational performance. International Journal of Organizational Analysis, 30(3), 654–670.
Kemendikdasmen. (2025). Siaran Pers Nomor 896/sipers/A6/XII/2025: Perkembangan penanganan dampak bencana pada layanan pendidikan di Aceh, Sumatera Utara, dan Sumatera Barat. Kementerian Pendidikan Dasar dan Menengah Republik Indonesia.
Koirala, S., & Pradhan, S. (2021). Financial resilience in uncertain economic conditions. Journal of Financial Management, 14(2), 98–110.
Lee, J., Kim, S., & Park, H. (2021). Financial resilience and organizational sustainability: Evidence from public institutions. Sustainability, 13(9), 1–15.
Milani, K. (1975). The relationship of participation in budget-setting to industrial supervisor performance and attitudes. The Accounting Review, 50(2), 274–284.
Nasution, A., Siregar, R., & Lubis, M. (2024). The effect of budget participation and reporting systems on responsibility accounting with organizational commitment as a moderating variable. Minartis Journal, 5(2), 101–115.
Nguyen, T., Pham, H., & Tran, Q. (2021). Accounting information systems and financial sustainability. Asian Journal of Accounting Research, 6(3), 245–260.
OECD. (2022). Building financial resilience in organizations. OECD Publishing.
Pratama, R., Hidayat, T., & Kurniawan, A. (2024). Budgeting systems, accounting information systems and performance: The moderating role of contextual variables. Journal of Accounting and Management Studies, 11(1), 77–92.
Putro, A., & Najib, M. (2023). Implementation of accounting information systems in school operational fund management. E-Journal Universitas Majalengka, 4(1), 55–68.
Rahim, A., & Karim, M. (2020). Budget participation and organizational commitment: A moderating effect analysis. International Journal of Accounting Studies, 8(1), 77–90.
Ramadhani, D., Putra, A., & Sari, N. (2024). The influence of budget participation and accounting systems on government performance. Open Journal Unimal, 6(2), 88–102.
Sari, R., Nugroho, A., & Putra, D. (2023). The role of accounting information systems in improving financial performance. Journal of Public Sector Accounting, 8(2), 145–158.
Silva, R., Gomes, P., & Costa, L. (2025). Organizational sustainability and long-term operational performance. Sustainability Journal, 17(1), 1–15.
Susanto, A. (2022). Sistem informasi akuntansi: Konsep dan pengembangan berbasis teknologi. Lingga Jaya.
Tengah, P. K. T. (2026). Paparan Wakil Bupati Tapanuli Tengah dalam Rapat Koordinasi Pengecekan Indikator Pemulihan Pemerintahan dan Kemasyarakatan Pascabencana bersama Menteri Dalam Negeri. Pemerintah Kabupaten Tapanuli Tengah.
Wahyuni, S. (2023). The impact of accounting information systems on school financial management effectiveness. Journal of Education Finance, 11(2), 88–102.
Zanaria, Y. (2022). The influence of accounting information systems and budget participation on employee performance. Journal of Applied Accounting Research, 6(1), 33–47.
License
Copyright (c) 2026 Risti Nurul Hasanah, Widia Astuty, Irfan
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Downloads
How to Cite
