THE ROLE OF FINANCIAL STATEMENT ANALYSIS IN THE DECISION MAKING PROCEDURES OF HOTEL UNITS

2114 ◽  
Author(s):  
Panagiota Dionyssopoulou ◽  
Stiliani Asvesta
Keyword(s):  
Decision Making ◽  
Financial Statement ◽  
Financial Statement Analysis

Interstate Business College: A Case Study in Fraud Examination

2004 ◽  
Vol 19 (4) ◽  
pp. 505-527 ◽  
Author(s):  
Bonita K. Peterson ◽  
Thomas A. Buckhoff
Keyword(s):  
Career Path ◽  
Financial Statement ◽  
Accounting Students ◽  
Top Management ◽  
Financial Statement Analysis ◽  
Public Records ◽  
Management Fraud ◽  
Business College

This case is based on an actual fraud that occurred and provides you with an opportunity to develop fraud examination skills, which include document examination, searching public records, financial statement analysis, and communicating the results of your work. Such skills benefit all accounting students regardless of the career path they may choose (e.g., a fraud investigator, an auditor, a consultant, a tax accountant). This case also: (1) exemplifies the complexity often found in fraud cases, and (2) illustrates how fraud examinations differ from financial statement audits. While some of the names of the parties involved have been changed, no facts in the case have been altered. Interstate Business College (IBC), founded in 1912, collapsed in the wake of allegations of top management fraud. The allegations became public when 23 former students filed a lawsuit against the director and owner of IBC, alleging misappropriation of student funds. You will assume the role of the fraud investigator hired by their attorney to determine if there is evidence to support their claim. Upon completion of the case, you will have a sense of the amount of documents, detail, and work involved when resolving fraud allegations.

Role of Financial Statement in Investment Decision Making Process

2020 ◽  
Vol 9 (1) ◽  
pp. 105-108
Author(s):  
Suraj Bhujel
Keyword(s):  
Decision Making ◽  
Investment Decision ◽  
Financial Statements ◽  
Vital Role ◽  
Financial Statement ◽  
Quality Information ◽  
Decision Making Process ◽  
Investment Decision Making

It is believed that financial statements are the key documents for any organizations for the investment decision making. Investment decision making depends upon the quality information obtained by the various sources and it is concluded in this research which is based on the findings that financial statement plays a vital role in investment decision making and recommends that no investment decision should be taken without the consideration of a company’s financial statements.

scholarly journals ANALISIS BISNIS SEBAGAI SALAH SATU INFORMASI PENTING BAGI STAKEHOLDERS

2005 ◽  
Vol 4 (1) ◽  
Author(s):  
Yuliawati Tan
Keyword(s):  
Decision Making ◽  
The Other ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Other Hand ◽  
Business Analysis

Financial statement is one of the most important information which can be used by management and company's stakeholders as a basts for decision making. Business analysis, in the other hand, is the study of all aspects of the firm and its environment. Business analysis and financial statement analysis work hand in hand to help managers and stakeholders in understanding the target firm's potential. Business analysis will highlight issues that need to be studied further in the financial statement analysis stage. Likewise, financial statement analysis identifies concerns that require more detailed business analysis.

scholarly journals The role of the notes to the financial statements in corporate decision-making

2018 ◽  
Vol 15 (4-1) ◽  
pp. 138-148 ◽  
Author(s):  
Veronika Fenyves ◽  
Zoltán Bács ◽  
Zoltán Zéman ◽  
Elvira Böcskei ◽  
Tibor Tarnóczi
Keyword(s):  
Decision Making ◽  
Text Mining ◽  
Financial Statements ◽  
Primary Objective ◽  
Financial Statement ◽  
Primary Activity ◽  
Informative Part ◽  
Information Technology Services ◽  
Technology Services

For the analyses, we used the notes to the financial statements of companies with Hungarian headquarters, which are regulated by the Accounting Act and which have information-technology services as their primary activity of the business. The primary objective of our research was to examine the extent to which the enterprises investigated fulfill their obligations determined by the Accounting Act to disclose all needed information in the general and informative parts of the notes to the financial statement. The analysis was performed using text mining, and the results were evaluated with non-parametric statistical methods. Based on the analysis, we can state that the investigated companies presented proportionally less information in the general part of the notes to the financial statements as compared to the informative part. However, even the highest frequency did not exceed 70%. Based on the χ2 test, we can state that the frequency of occurrence of the majority of information sought using text mining significantly differs by company type, and this difference mostly occurred amongst Ltds and Lps, in favor of Ltds. As a conclusion, it can be deduced that the investigated companies do fully not meet the legal requirements for the information provided in the notes to the financial statements. This incompleteness may cut down on the decision-making ability of the companies concerned.

ANALISIS LAPORAN KEUANGAN HASIL PENGELOLAAN DANA PENGEMBANGAN USAHA AGRIBISNIS PERDESAAN (PUAP) (Kasus di Gapoktan Srijaya Sari Kecamatan Sukahening Kabupaten Tasikmalaya)

2017 ◽  
Vol 6 (2) ◽  
Author(s):  
Iwan Sugianto
Keyword(s):  
Rural Areas ◽  
Agricultural Sector ◽  
Development Program ◽  
Social Institution ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Return On Equity ◽  
Calculation Results ◽  
Profitability Ratios

Rural Agribusiness Development Program (PUAP) implemented by the farmers (owners or tenants), farm laborers and poor farm households through coordination diperdesaan Gapoktan as an institution that is owned and managed by farmers. Gapoktan important role as a social institution peasant economy to be important in increasing production and the welfare of farmers. Given the role of the performance evaluation results gapoktan need to be input in developing Gapoktan development model so that it can better contribute in accelerating the improvement of the welfare of farmers, the growth of the agricultural sector and economic development of rural areas. The purpose of this research was to determine results financial statement analysis Gapoktan Srijaya Sari subdistrict Sukahening using Financial Ratios through Ratios Profitability who aim to measure the ability Gapoktan Srijaya Sari to generate profit, by using an approach on the calculation of Return On assest (ROA) and Return On Equity (ROE).Results in mind that the results of Financial Statement Analysis Rural Agribusiness Development (PUAP) which has been managed by Gapoktan Srijaya Sari subdistrict Sukahening has shown a number of very good because it has to generate profits for the group union. This is evident from the results with regard Profitability Ratios ROA calculation results (Renturn on Assets) amounted to 16.01% and ROE (ReturnOn Equity) amounted to 25.27%.

Sachiko Corporation: A Case in International Financial Statement Analysis

2008 ◽  
Vol 23 (1) ◽  
pp. 77-101 ◽  
Author(s):  
Mahendra R. Gujarathi
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
Business Environment ◽  
Financial Statement ◽  
Japanese Company ◽  
Financial Statement Analysis ◽  
International Context ◽  
Profitability Ratios

Sachiko is a comprehensive case on financial statement analysis within an international context. Upon reviewing the financial statements and relevant footnotes of Sachiko Corporation, a Japanese company, and U.S.-based Radiance Inc., you are required to restate the two companies' financials to evaluate whether the revised ratios are consistent with each company's strategy and business environment and, subsequently, to recommend the better investment prospect. The case provides a forum for you to examine the role of environmental differences (cultural, institutional, business, and financial reporting) in interpreting the risk and profitability ratios in an international context.

scholarly journals PENGARUH OBEDIENCE PRESSURE DAN SELF-EFFICACY TERHADAP AUDIT JUDGEMENT PADA AUDITOR PERWAKILAN BPKP PROVINSI SULAWESI UTARA

2018 ◽  
Vol 13 (02) ◽  
Author(s):  
Vriska Rumengan ◽  
Jantje J. Tinangon ◽  
Sonny Pangerapan
Keyword(s):  
Decision Making ◽  
Self Efficacy ◽  
Random Sampling ◽  
Simple Random Sampling ◽  
Financial Statements ◽  
Financial Statement ◽  
Sampling Techniques ◽  
North Sulawesi ◽  
The Government

            BPKP is one of the official internal government auditors, whose duties and functions is to supervised financial and development activities. One of its task is to audit. When conduction an audit, auditors are required to be able to give consideration as to the supervision of the government financial statements. This is where the role of audit judgement comes to life. Audit judgement is the personal consideration of auditors in decision making whether or not a financial statement is reasonable. Audit judgement is effected by several factors, that is Obedience Pressure and Self-efficiency. This research is aimed to find out the impacts of obedience pressure and self efficiency on audit judgement. The sample of this research is 53 auditors employed at the Offices of The Representatives of BPKP, North Sulawesi, in Manado. The samples were chosen randomly using simple random sampling techniques. The data were analyzed using multiple regression analysis and the data were examined using SPSS 21 (Statistical Product and Service Solution). The result of this research showed that partially, obedience pressure significantly influence the audit judgement negatively; while self-efficiency significantly influence audit judgement positively. Keywords: Audit Judgement, Obedience Pressure, Self-Efficacy.

scholarly journals Does Visualization Matter? The Role of Interactive Data Visualization to Make Sense of Information

2018 ◽  
Vol 22 ◽  
Author(s):  
Arif Perdana ◽  
Alastair Rob ◽  
Fiona Rohde
Keyword(s):  
Decision Making ◽  
Data Visualization ◽  
Financial Statement ◽  
Sense Making ◽  
Business Analytics ◽  
Theoretical Understanding ◽  
Nonprofessional Investors ◽  
Information Reporting ◽  
Interactive Data

As part of business analytics (BA) technologies, reporting and visualization play essential roles in mitigating users’ limitations (i.e., being inexperienced, having limited knowledge, and relying on simplified information). Reporting and visualization can potentially enhance users’ sense-making, thus permitting them to focus more on the information’s message rather than numerical analysis. To better understand the role of reporting and visualization in a contextualized environment, we investigate using interactive data visualization (IDV) within accounting. We aim to understand whether IDV can help enhance non-professional investors’ ability to make sense of foundational financial statement analyses. This study conducted an experiment using a sample of 324 nonprofessional investors. Our findings indicate that nonprofessional investors who use IDV are more heuristically adept than non-professional investors who use non-IDV. These findings enrich the theoretical understanding of business analytics’ use in accounting decision making. The results of this study also suggest several practical courses of action, such as promoting wider use of IDV and making affordable IDV more broadly available, particularly for non-professional investors.

Sign in / Sign up

Export Citation Format

Share Document