scholarly journals Liabilities and contingencies of Brazilian football clubs

2021 ◽  
Vol 19 ◽  
pp. 330-344
Author(s):  
Monique Cristiane De Oliveira ◽  
José Alonso Borba
Keyword(s):  
Financial Statements ◽  
Third Party ◽  
Balance Sheets ◽  
Football Clubs

This study aims to identify the characteristics of liabilities and contingencies of 20 clubs participating in the First and Second Division of the Brazilian Championship of 2017 that presented all financial statements from 2010 to 2018. It was found that 79 of 160 balance sheets analyzed presented uncovered liabilities and denoting effective problems of economic and financial unviability akthough no clubs broke effectively. The findings demonstrate that clubs cannot support themselves and eventually need to raise third-party resources. The study differs from previous research because it identifies the characteristics of liabilities, and provisions as present and future obligations for Brazilian football clubs. Thus, this research contributes by providing an overview of the indebtedness of Brazilian football clubs.

scholarly journals Twenty-one years without monetary correction in Brazil: impacts on the comparability of the accounting information of siderurgical and metallurgical companies

2018 ◽  
Vol 29 (78) ◽  
pp. 355-374
Author(s):  
Wellington Rodrigues Silva Souza ◽  
Marcos Peters ◽  
Aldy Fernandes da Silva ◽  
Maria Thereza Pompa Antunes
Keyword(s):  
Balance Sheet ◽  
Financial Statements ◽  
Financial Accounting ◽  
Net Income ◽  
Negative Effects ◽  
Statistical Parameters ◽  
Return On Assets ◽  
Balance Sheets ◽  
Return On Equity ◽  
Accounting Recognition

Abstract The purpose of this study was to empirically verify the existence or not of a distortion in the comparability of information when inflationary effects are omitted from financial statements. Although inflation has been under control in Brazil since the Plano Real, with indices well below those recorded in the 1980s and 1990s, discussing the need for accounting recognition of the effects of inflation remains an extremely relevant and pertinent issue in light of the proposal of accounting to produce faithful information that closely reflects the economic reality in which organizations operate. The results of the research show that financial accounting has been directly affected by the omission of inflationary effects in financial statements, drawing attention to the negative effects this has caused on the quality of the information produced. In order to operationalize the research, the Balance Sheet Monetary Correction (BSMC) was applied to the balance sheets of Brazilian companies from the siderurgical and metallurgical sector listed on the BM&FBOVESPA in the period from 1996 to 2016. Based on the variables net income, return on equity (ROE), and return on assets (ROA), and two conceptual axes of comparability (between entities and between periods), the statistical parameters were developed and the hypotheses were defined, which were tested using the Student t parametric test. This article shows the damage caused to the decision-making process of the external users for whom financial statements are intended when these are prepared neglecting the effects of inflation. This is verifiable through the analyses of the results obtained, including the observation of significant distortions between the means of the corrected indicators and the means of the historical indicators, such as in the case of net income in 2001, 2002, 2012, 2013, 2014, and 2016 (33.98%, 91.92%, -65.54%, -30.01%, -53.59%, and 26.30% variation, respectively), of ROE (-67.16%, -61.43%, -53.06%, -63.46%, -133.81%, and 65.00% variations in 2008, 2009, 2010, 2011, 2014, and 2015, respectively), and of ROA (-26,70%, -41.14%, -33,34%, -43,49%, 98,83%, and -413,68% in 2005, 2009, 2010, 2011, 2012, and 2014, respectively).

scholarly journals Athletes in the intangible in the financial statements of Football: Comparison of the practices of Brazilian and European Clubs

2021 ◽  
pp. 1-15
Keyword(s):  
Decision Making ◽  
Qualitative Analysis ◽  
Financial Statements ◽  
Professional Football ◽  
Real Situation ◽  
Descriptive Content ◽  
Economic Achievement ◽  
Football Clubs ◽  
Policies And Procedures ◽  
Legal Texts

This is a historic challenge in the accounting area: how to translate the values that these athletes represent to their teams into numbers and data. They are active, of course. The question is: how to classify them and, mainly, measure their economic achievement for the clubs they defend. Although new specific devices aim to make the task simpler, general regulations in the Brazilian scenario, such as the non-possibility of revaluing assets, hinder the identification of the real situation and the value of the main assets of national clubs: professional players. The article aimed to perform a qualitative analysis of the accounting policies and procedures recognized in the accounts of Brazilian professional football clubs in relation to the registration, amortization and impairment of the intangible with athletes, comparing them to three international teams. Palmeiras, Corinthians and Flamengo were the national teams selected in comparison to Manchester United (ING), Borussia Dortmund (ALE) and Barcelona (ESP). The research concludes that the degree of disclosure and information contained in the pieces varies according to the market, the regulations in force at the site and, mainly, the structuring of the teams' properties, with the best performing clubs having greater descriptive content and information in their Tales. Although a good part of the texts and reports are limited to a reproduction of policies and practices explained in norms and legal texts, without offering the accounting users useful information for their decision making.

Application of Fuzzy Logic to Fraud Detection

2005 ◽  
pp. 135-139
Author(s):  
Mary Jane Lenard ◽  
Pervaiz Alam
Keyword(s):  
Financial Reporting ◽  
Average Cost ◽  
Medical Insurance ◽  
Financial Statements ◽  
Third Party ◽  
Insurance Fraud ◽  
Fraudulent Financial Reporting ◽  
The Cost ◽  
The U.S ◽  
Financial Reporting Fraud

In light of recent reporting of the failures of some of the major publicly-held companies in the U.S. (e.g., Enron & WorldCom), it has become increasingly important that management, auditors, analysts, and regulators be able to assess and identify fraudulent financial reporting. The Enron and WorldCom failures illustrate that financial reporting fraud could have disastrous consequences both for stockholders and employees. These recent failures have not only adversely affected the U.S. accounting profession but have also raised serious questions about the credibility of financial statements. KPMG (2003) reports seven broad categories of fraud experienced by U.S. businesses and governments: employee fraud (60%), consumer fraud (32%), third-party fraud (25%), computer crime (18%), misconduct (15%), medical/insurance fraud (12%), and financial reporting fraud (7%). Even though it occurred with least frequency, the average cost of financial reporting fraud was the highest, at $257 million, followed by the cost of medical/insurance fraud (average cost of $33.7 million).

scholarly journals ANALISIS KESESUAIAN ANTARA LAPORAN KEUANGAN PEMERINTAH DESA DENGAN PEDOMAN PENGELOLAAN KEUANGAN DESA PERMENDAGRI NOMOR 113 TAHUN 2014 (STUDI KASUS PADA LAPORAN KEUANGAN TA 2016 PEMERINTAH DESA REMPANGA)

2018 ◽  
Vol 2 (2) ◽  
pp. 233
Author(s):  
Wijoseno Lelono, Titin Ruliana, Umi Kulsum
Keyword(s):  
Financial Management ◽  
Financial Statements ◽  
Fiscal Year ◽  
Analysis Tool ◽  
Regional Government ◽  
Management Guidelines ◽  
Balance Sheets ◽  
Financial Report ◽  
Village Government ◽  
The Village

This study aims to analyze the differences between the Rempanga Village Government Financial Statements of TA 2016 and Permendagri Number 113 of 2014, and to know and analyze the process of preparing the Rempanga Village Government Financial Statements for Fiscal Year 2016 through the accounting cycle.The hypothesis of this study is that there is a difference between the Rempanga Village Government Financial Report 2016 and Permendagri Number 113 of 2014, and the accounting cycle is not carried out in the process of compiling the Rempanga Village Government Financial Report for Fiscal Year 2016.The basis of this research theory uses Permendagri Number 113 of 2014 concerning Village Financial Management. In this study the author uses a comparative analysis tool that compares the Realization Accountability Report of the Village Budget Implementation for Fiscal Year 2016, Village Property Report as of December 31, Fiscal Year 2016, and Government and Regional Government Program Reports that enter the village in the form of Financial Statements in accordance with Financial Management Guidelines Village Permendagri Number 113 of 2014 and using the method of observation that is observing in documents which are outputs from the implementation of the accounting cycle in the form of journal memos, ledgers, unadjusted balance sheets, adjusting journal entries, and adjusted trial balance.The results of the study concluded that there were 11 Differences between the Rempanga Village Government Financial Statements of Fiscal Year 2016 with the Village Financial Management Guidelines Permendagri 113 of 2014 which were 4 differences found from observations of the Rempanga Village Government Financial Statements Fiscal Year 2016, and there were 7 differences found from interviews with the Village Secretary Rempanga as Financial Management Technical Implementation Coordinator. These differences have shown that the accounting cycle is not carried out in the process of compiling the Rempanga Government Financial Report Fiscal Year 2016, the hypothesis is accepted.

scholarly journals Loan To Deposit Ratio, Capital Adequacy Ratio, Return On Equity Dan Bopo Dalam Menilai Kinerja Keuangan Pt. Bank Bni Syariah

2019 ◽  
Vol 4 (2) ◽  
pp. 217
Author(s):  
Rinto Noviantoro ◽  
Herlin Herlin
Keyword(s):  
Data Collection ◽  
Financial Performance ◽  
Financial Statements ◽  
Capital Adequacy ◽  
Balance Sheets ◽  
Return On Equity ◽  
Capital Adequacy Ratio ◽  
Equity Ratio

Abstract. The purpose of this study is to determine the financial performance of PT. Bank BNI Syariah. The method of collecting data in this study is documentation. documentation, namely data collection through financial statements in the form of balance sheets and profit / loss statements.  Loan Deposit Ratio (LDR) from 2015-2017 it was 89.14%, 84.01% and 78.89%.the Capital adequacy ratio and the Debt to equity ratio have been determined if the ratio produced is <50% - 75%. Return on equity have been determined to produce a ratio of> 1.5% and at BOPO ≤93.52%. From the perspective of the Capital Adequacy Ratio, in 2015-2017 the value was 38.45%, 64.84% and 38.50%By using BOPO in 2015-2017 the value was 83.21%, 80.75% and 80.91%. While the return on equity in 2015-2017 is 1.18%, 1.18% and 0.93%

scholarly journals ANALISIS PENYALURAN KREDIT KONSUMSI PADA PERBANKAN DI INDONESIA TAHUN 2004 – 2010

2014 ◽  
Vol 12 (1) ◽  
pp. 35
Author(s):  
Oktavia Hartika
Keyword(s):  
Financial Statements ◽  
Capital Adequacy ◽  
Third Party ◽  
Consumer Loans ◽  
Panel Data Regression ◽  
Capital Adequacy Ratio ◽  
Data Regression ◽  
Negative Effect ◽  
Operation Results ◽  
Positive Effect

The research objective was to determine the influence of third party fund, Non-perfoming loans (NPLs), Capital Adequacy Ratio (CAR) on consumer loans disbursed. The analytical tool used panel data regression. The sample used in this study are 7 (seven) bank based on the type of operation. Results of regression, found that variable third party fund positive and significant impact on consumer loans. Variable Non-perfoming loans (NPLs) and not significant positive effect on consumer loans. This is possible due to high NPLs in the bank's financial statements only describe the overall value of the credit. Capital Adequacy Ratio (CAR) individually have a significant negative effect on consumer loans. The study reinforces previous findings that high capital still has not been followed by increased consumer credit.

scholarly journals THE IMPACT OF FINANCIAL STATEMENT ANALYSIS ON THE PROFITABILITY ASSESSMENT (APPLIED STUDY OF KIRKUK COMPANY FOR PRODUCING CONSTRUCTIONAL MATERIALS)

2018 ◽  
Author(s):  
Amanj Mohamed Ahmed
Keyword(s):  
Secondary Data ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Balance Sheets ◽  
The Past ◽  
Applied Study ◽  
Research Goal ◽  
The Impact ◽  
Profitability Assessment

The present study entitled “financial statement analysis and assessing the profitability of the Kirkuk’s Company for producing constructional materials”. The main goal of the accounting department in the firms is to prepare the reliable financial statements in order to make their valid balance sheets, income statements and cash flow statement. This paper determines the confirming effects of the financial statement analysis to assess the profitability of the Kirkuk Company. The data in this study is based on the secondary data and it collected from the past and present performance of Kirkuk’s Company for producing constructional materials. To achieve the research goal, four categories of the financial ratios were utilized for testing the study’s hypothesis. This group of ratios was applied to assess the financial situation of the company in the years between “2005 to 2011” by using different techniques of financial statement analysis. The results clearly show that, there are insignificant relationships between profitability with asset regulated and assets utilization. At the same times, there is a weak relationship between profitability and liquidity.

scholarly journals DETERMINAN PENDAPATAN USAHA PADA BANK UMUM SYARIAH DI INDONESIA

2021 ◽  
Vol 8 (2) ◽  
pp. 159
Author(s):  
Siti Nur Ro'ikayah ◽  
Nisful Laila
Keyword(s):  
Linear Regression ◽  
Commercial Banks ◽  
Sampling Technique ◽  
Financial Statements ◽  
Third Party ◽  
Financial Reports ◽  
Operating Income ◽  
Purposive Sampling ◽  
Regression Methods ◽  
Business Income

ABSTRAKPenelitian yang dilakukan pada Bank Umum Syariah di Indonesia tahun 2015-2019 dilakukan dengan tujuan agar dapat melihat pengaruh jumlah pembiayaan, ukuran, dan Dana Pihak Ketiga (DPK) yang  mempunyai pengaruh atas pendapatan usaha yang dimilikinya. Laporan keuangan Bank Umum Syariah (BUS) digunakan sebagai data yang nantinya untuk diteliti. Peneliti menganalisis data melalui metode regresi linier berganda. Peneliti menggunakan sampel laporan keuangan serta sesuai dengan kriteria sampel yang dimiliki oleh 11 Bank Umum Syariah. Teknik yang dipakai dalam memperoleh sampel yakni yang sesuai dengan ketentuan atau purposive sampling. Dari penelitian ini, dihasilkan bahwa secara parsial jumlah pembiayaan memberikan hasil/pengaruh yang signifikan, ukuran bank memberikan hasil/pengaruh yang signifikan, dan dana pihak ketiga tidak berdampak signifikan atas pendapatan usaha Bank Umum Syariah. Sedangkan secara simultan jumlah pembiayaan, ukuran bank, dan dana pihak ketiga mempunyai dampak yang signifikan atas pendapatan usaha BUS di Indonesia.Kata Kunci: Jumlah Pembiayaan, Ukuran Bank, Dana Pihak Ketiga, Pendapatan Usaha. ABSTRACTResearch conducted at Islamic Commercial Banks in Indonesia in 2015-2019 was conducted with the aim of knowing the effect of the amount of financing, size, and Third Party Funds (TPF) which have an influence on the business income they have. The financial reports of Islamic Commercial Banks (BUS) are used as data which will be examined later. Researchers analyzed data using multiple linear regression methods. Researchers used a sample of financial statements and in accordance with the sample criteria owned by 11 Islamic Commercial Banks. The sampling technique used was purposive sampling technique. From this research, it is concluded that partially the amount of financing provides a significant result / effect, the size of the bank gives a significant result / effect, and third party funds do not have a significant impact on the operating income of Islamic Commercial Banks. Meanwhile, simultaneously the amount of financing, bank size, and third party funds have a significant impact on the operating income of Islamic Commercial Banks in Indonesia.Keywords: Total Financing, Bank Size, Third Party Funds, Operating Income.

scholarly journals Effect of Capital Adequacy Ratio, Nonperporming Loan, Third Party Funds on Loan to Deposit Ratio in Private Commercial Banks in Indonesia Stock Exchange

2019 ◽  
Vol 13 (2) ◽  
pp. 153-164
Author(s):  
Nur Salma ◽  
Nur Salma
Keyword(s):  
Regression Analysis ◽  
Commercial Banks ◽  
Annual Report ◽  
Stock Exchange ◽  
Financial Statements ◽  
Capital Adequacy ◽  
Third Party ◽  
Capital Adequacy Ratio ◽  
Private Banks ◽  
The Impact

The study aims to analyze the impact of capital adequacy ratio, non-performing loan,   third party fund on loan to deposit ratio of the private banks in Bandar Lampung. The sample used in this research were obtained from six private banks in Bandar Lampung.  Data obtained based on financial statements Annual Report of Indonesia stock Exchange (IDX) from 2009 to 2014.  The method used in this research is the dependent variable and independent, multiple regression analysis and Classical Assumption. Variable used Capital Adequacy Ratio (CAR), Nonperforming Loan (NPL), and Third-Party Fund (DPK) on Loan to Deposit Ratio (LDR). Based on the result of the research showed that the F variable CAR, NPL, and DPK together influential significantly to Loan to Deposit Ratio. The Result of partial T-test CAR negatively influential and significant with significant value is 0.007. NPL is not positively influential and not significant on LDR with significant value is 0,277 while DPK has positive influential and significant value is 0,005. The value of Adjusted R Square the value is 0.266 showed that LDR can explain by variables research as big as 26,6 %, while the rest can be explained by other factors.

scholarly journals Analysis of Non Performing Financing (NPF), Financing to Deposit RATIO (FDR), Third Party Funds And Debt to Equity Ratio (DER) Murabahah of Funding in Indonesia

2018 ◽  
Vol 1 (1) ◽  
pp. 119-127
Author(s):  
Iskandar Muda ◽  
Nur Afifah
Keyword(s):  
Sampling Method ◽  
Financial Statements ◽  
Third Party ◽  
Islamic Banking ◽  
Islamic Banks ◽  
Purposive Sampling ◽  
Independent Variables ◽  
Equity Ratio ◽  
Positive Effect

This study was conducted to determine the effect of NPF, FDR, deposits, and DER to Islamic banking financing in Indonesia. This study used the annual financial statements population of the entire Islamic Banks (BUS) in Indonesia in 2010-2014. The samples in this study used purposive sampling, that the sampling method using specific criteria. The amount of data used by 30 the annual financial statements of six Islamic banks which fulfilled the criteria as a sample. The results showed that the NPF, FDR, deposits, and DER simultaneously affected the murabaha financing. The magnitude of the effect of the four independent variables against murabaha financing amounted to 95.9% and the remaining 4.1% was influenced by other variables outside of this study. For partial results, variable DPK and DER positive effect were occurred on murabaha financing. As for the variable FDR and NPF, there was no significant effect on the murabaha financing.

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