Everyday Life of Accounting Disclosure – Exploring Home Accountants’ Practices in Indonesia

Abstract

The study intends to identify the accounting practices used at home – budgeting, record keeping, and the use of the information for decision making related to home affairs. Exercising exploratory research, this study used accounting academics as well as accounting practitioners as informants. Data were collected from interviews and a focus group discussion with ten informants. All of them were peer and close friends of the researcher. The analysis was conducted manually by tracing all interview transcripts and comparing the transcripts with secondary data from the informants. The study found that accounting practices at home dominated by financial management – cash flow management. Budgeting and record-keeping were addressed mostly to manage cash flows to avoid deficits and make long-term investment decisions.

Keywords

• home accounting
• budgeting
• cash flow
• record keeping
• exploratory research