scholarly journals PENERAPAN PRINSIP PENGUNGKAPAN LENGKAP AKUN PIUTANG PERPAJAKAN PADA LAPORAN KEUANGAN PEMERINTAH PUSAT TA 2017-2019

2020 ◽  
Vol 15 (2) ◽  
pp. 125-152
Author(s):  
Imran Djunur
Keyword(s):  
Decision Making ◽  
Central Government ◽  
Complete Information ◽  
Financial Statements ◽  
Full Disclosure ◽  
Accounts Receivable ◽  
Financial Condition ◽  
Adequate Information ◽  
Disclosure Of Information ◽  
And Performance

In order to be widely used by users of financial statements, information related to tax receivable accounts in LKPP must meet the Full Disclosure Principle relate to assets, liabilities and equity either through faces or Notes to Financial Statements. Complete information will prevent users from misleading and improper decision making or opinions on the financial condition and performance of the central government. This study focuses on the disclosure of information on tax accounts receivable at LKPP because the account has significant value and gets the attention of LKPP users. Through this research, the writer will assess whether the information related to tax receivables in LKPP FY 2017 to 2019 meets the Full Disclosure Principle. To fulfill the principle, LKPP must disclose 9 adequate information related to tax receivable. The results of the analysis show that the disclosure of tax receivables in LKPP FY 2017 and LKPP FY 2018 don’t fulfill all the criteria, while LKPP FY 2019 only fulfill 1 criteria. There was no significant increase in the implementation of full disclosure principle of tax receivable within 3 years.  

Analisis Ratio Keuangan terhadap Perubahan Kinerja pada Perusahaan di Industri Food and Baverages yang Terdaftar pada BEJ

2005 ◽  
Vol 1 (2) ◽  
pp. 104
Author(s):  
DIAN MERIEWATY ◽  
ASTUTI YULI SEIYANI
Keyword(s):  
Stock Exchange ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Ratios ◽  
Future Earnings ◽  
Financial Condition ◽  
Total Capital ◽  
Future Earning ◽  
The Future ◽  
And Performance

Financial statements users need financial informotion of companies to analyze their financial condition and performance. Finacial rotios are useful rneasares for explaning the future earning changes. The study focuses on the usefulness of ftnancial ratios in explaning future eamings.The objective of the study is to empirically examine whether financial statement based tinancial ratios hove ability for explaning future earnings. Data in this study were in food and beverages firms listed on the Jaknrta Stock Exchange. Regression analysis were used in testing the ability financial ratios for explaning changes. The multicollinearity test shows that there is no assosiation between independent variables, indicating multieollinearity is not a seriaus problem. The heteroscedasticity test shows that voriances of disturbances are constant for all observation in independentt variables. Therefore heteroscedasticity is not a problem. The empiricolly result showed that, financial ratios in/luences the futureearnings changes for earning after tax are total debt to total capital assets, total assets turnover, and return on investment. Among those sevent financial ratios that are significant influences the future earnings changes for operating prortt is current ratio.Keywords : Financial Ratios, Performance changes of firms, significantlyinfluence.

Disclaimer Footnotes in Ads: Discrepancies between Purpose and Performance

1988 ◽  
Vol 7 (1) ◽  
pp. 127-137 ◽  
Author(s):  
Ellen R. Foxman ◽  
Darrel D. Muehling ◽  
Patrick A. Moore
Keyword(s):  
Decision Making ◽  
Complete Information ◽  
The Body ◽  
Belief Formation ◽  
Intended Purpose ◽  
Deceptive Advertising ◽  
Brand Attributes ◽  
And Performance ◽  
Promotional Messages ◽  
Made In

Marketers use disclaimer footnotes in ads to clarify or deflate claims made in the body of the ad. This is done either to avoid possible charges of misleading or deceptive advertising, or because the FTC has required companies to include an affirmative disclosure in their promotional messages. The present study finds that disclaimer footnotes may not achieve their intended purpose of providing consumers with more complete information for decision-making. Though the incorporation of footnoted disclaimers does not affect comprehension of most claims made in the body of the ad, it does positively affect consumers’ comprehension of disclaimer-related claims. However, the type of footnote (informational vs. restrictive) and the method of presentation (small vs. large print) can significantly influence consumer belief formation about certain brand attributes. Some types and formats of disclaimer footnotes, therefore, may fail to fulfill their intended purpose because consumers are less likely to process them correctly.

scholarly journals ANALISIS RASIO KEUANGAN SEBAGAI ALAT UKUR KINERJA PERUSAHAAN PADA PT. ASTALIA MILLENIA EDUCATINDO CABANG MADIUN

2013 ◽  
Vol 2 (1) ◽  
pp. 25
Author(s):  
Satrijo Budi Wibowo
Keyword(s):  
Financial Performance ◽  
Balance Sheet ◽  
Financial Statements ◽  
Profit Margin ◽  
Financial Condition ◽  
Operating Profit ◽  
Total Debt ◽  
Income Statement ◽  
And Performance ◽  
Solvency Ratio

<span>This study aims to determine the company's financial performance , both in terms of liquidity, solvency, profitability and activity of PT .Millennia Astalia Educatindo Madiun from 2010 until 2012. The processed data is the data that comprises the financial statements of the balance sheet and income statement. Methods of data processing by using ratio analysis consisting of the ratio liquidity, profitability, solvency and activities. The method used is descriptive method, the research seeks to collect and present data from the company to be analyzed so as to provide a fairly clear picture of the object under study. Because of financial ratios is one tool in evaluating the company's financial condition and performance , it is expected that through the analysis of financial statements may consideration in making decisions, especially regarding the financial condition in the future. Besides, the analysis of financial statements to describe the company's actual financial performance. The results showed that the ratio of liquidity include the current ratio and quick ratio increased, although still below the industry average. For profitability ratios include gross profit margin and operating profit margin increased in 2012 despite the decline was due to the increased cost of goods sold. Solvency ratios while covering a total debt to equity ratio and total debt to capital assets shows a marked improvement by decreasing solvency ratio from year to year. Nonetheless Solvency ratio still can’t to be categorized either as it is still above the industry average. The ratio of activity which includes receivable turnover and total asset turnover has fluctuated, rising in 2011 but dropped in 2012. Nonetheless Activity ratios are well below the industry average, which means the company has not been effective in utilizing existing resources.</span>

scholarly journals MEASURING PERFORMANCE BY INTEGRATING K-MEDOIDS WITH DEA: MONGOLIAN CASE

2019 ◽  
Vol 20 (6) ◽  
pp. 1238-1257
Author(s):  
Batchimeg Bayaraa ◽  
Tibor Tarnoczi ◽  
Veronika Fenyves
Keyword(s):  
Decision Making ◽  
Performance Measurement ◽  
Stock Exchange ◽  
Financial Statements ◽  
Efficiency Score ◽  
Data Envelopment ◽  
Clustering Method ◽  
The Mean ◽  
And Performance ◽  
Decision Making Units

Performance measurement encourages Decision Making Units (DMUs) to improve their level of performance by comparing their current financial positions with that of their peers. Data Envelopment Analysis (DEA) is a widely used approach to performance measurement, though it is susceptible when the data is heterogeneous. The main objective of this study is to examine the performance of Mongolian listed companies by combining DEA and a k-medoid clustering method. Clustering facilitates the characterization and patterns of data and identification of homogenous groups. This study applies the integration of k-medoids and performance measurement. The research used 89 Mongolian companies’ financial statements from 2012 to 2015 - obtained from the Mongolian Stock Exchange website. The companies are grouped by k-medoids clustering, and efficiency of each cluster is evaluated by DEA. According to the silhouette method, the companies are classified into two clusters which are considered first cluster as small and medium-sized (80), and second cluster as big (9) companies. Both clusters are analyzed and compared by financial ratios. The mean efficiency score of big companies’ is much higher than that of small and medium-sized companies. Integrated results show that cluster-specific efficiency provides better performance than pre-clustering efficiency results.

scholarly journals Benford’s Law in Forensic Analysis of Income Statements of Economic Entities in Bosnia and Herzegovina

2021 ◽  
Vol 23 (1) ◽  
pp. 31-61
Author(s):  
Ševala Isaković-Kaplan ◽  
◽  
Lejla Demirović ◽  
Mahir Proho ◽  
◽  
...  
Keyword(s):  
Bosnia And Herzegovina ◽  
Financial Statements ◽  
Forensic Analysis ◽  
Financial Statement ◽  
Benford’S Law ◽  
Business Decisions ◽  
Full Disclosure ◽  
Wide Range ◽  
Benford's Law ◽  
And Performance

The objective of preparing and presenting financial statements is to provide information about the financial position and performance of an entity, which is useful to a wide range of users of financial statements for business decisions. If information presented in the financial statements is not full disclosure and/or is incorrect, the presented image of the business entity will be wrong, as well as business decisions made on the basis of such financial statements. Unfortunately, many entities knowingly manipulate revenues and expenses to manage earnings in a way that suits the entity management. Detecting frauds in financial statements is the primary task of forensic accountants. This paper analyzes the possibilities of applying Benford’s law in the forensic analysis of income statements of economic entities in Bosnia and Herzegovina, to detect possible earnings manipulation. The results of the research confirm that the positions of revenues and expenses in the income statements of economic entities in Bosnia and Herzegovina generally follow Benford’s law, but also stress the need to increase attention and conduct additional forensic investigations for certain items as indicators of financial statement manipulation.

scholarly journals DU PONT SYSTEM ANALYSIS TO MEASURE FINANCIAL PERFORMANCE (A CASE STUDY ON PT. INDOSAT TBK IN 2016 – 2018)

2020 ◽  
Vol 2 (2) ◽  
pp. 37-45
Author(s):  
Sri Dwiningsih ◽  
Reni Sulistyowati
Keyword(s):  
Decision Making ◽  
Financial Performance ◽  
System Analysis ◽  
Financial Statements ◽  
The Other ◽  
Ratio Analysis ◽  
Performance Benchmarking ◽  
And Performance ◽  
A Company

Financial statements play a major role in a company which is used as decision making material and performance benchmarking. A successful company should have a good financial performance. The other way around, a company which does not have a good financial performance would impact on the company success. The study employs a ratio analysis called Du Pont System Analysis in which the analysis often applied to measure financial performance on company. Du Pont System Analysis is a combination of financial ratios from ratio activities and profitability in which the result shows interaction from assets profitability of the company. Object of the study is PT. Indosat Tbk in 2016 – 2018 as a Telecommunication company. There are 3 similiar companies used as a comparison to indicate PT Indosat Tbk position which are PT Telekomunikasi Indonesia Tbk, PT XL Axiata Tbk, and Smartfren Telecommunication Tbk. The study draws a conclusion that financial performance of PT Indosat Tbk is good compared to the other similiar companies but PT Telekomunikasi Indonesia has the best performance than the other.

scholarly journals International disclosure practices in reporting under COVID 19

2021 ◽  
Vol 26 (1) ◽  
pp. 49-54
Author(s):  
Valentyna Kostyuchenko ◽  
Keyword(s):  
Complete Information ◽  
Financial Statements ◽  
Recovery Phase ◽  
High Quality ◽  
Goodwill Impairment ◽  
Financial Condition ◽  
Accessible Information ◽  
Sufficient Detail ◽  
Material Uncertainties ◽  
The Impact

Abstract. Introduction. The outbreak of COVID-19 has forced every country to impose strict measures to curb the spread of the virus, most countries have closed their borders, imposed restrictions on business, cut off transport, and these circumstances are extremely important for disclosure in financial statements, and complicate the process its compilation. Thus, these challenges and current conditions contribute to the importance of providing high quality information, as users of financial statements need timely, high quality and complete information, which is compiled through the prism of COVID-19 impact on the company, its financial condition, liquidity and future prospects. Purpose. Generalization of international disclosure practices in financial statements under COVID-19 and recommendations for resolving problems arising from the pandemic and affecting the reporting of economic entities. Results. Summarizing the recommendations provided in Australia and Belgium professional organizationsac, companies are required to disclose material uncertainties related to COVID-19 in their financial statements, including assessing the impact of the pandemic on the enterprise, identifying countermeasures taken and showing the impact on the Company's future operations. For goodwill impairment tests and other vulnerable items, the disclosure of material assumptions should be provided in sufficient detail, together with a description of the approach to determining the value assigned to each key assumption. These include assumptions about the duration and intensity of the effects of the cessation of operations and the recovery phase. The entity will also need to explain the significant impact of COVID-19 on the risks associated with the financial instruments and how it manages those risks. Conclusions. Having determined that the pandemic has a significant impact on the financial performance of companies around the world, we conclude that the burden of using the best, most accurate, truthful and accessible information in making sound and validated judgments and estimates that take into account the effects of the COVID-19 pandemic.

scholarly journals MANAGEMENT OF ACCOUNTS RECEIVABLE OF COMPANIES IN ORDER TO IMPROVE FINANCIAL SUSTAINABILITY

2019 ◽  
Vol 8 (6) ◽  
Author(s):  
Aigyl I. Sabirova ◽  
Andrey K. Dashin
Keyword(s):  
Market Economy ◽  
Rapid Development ◽  
Modern Society ◽  
Complete Information ◽  
Financial Sustainability ◽  
Factual Information ◽  
Normal Functioning ◽  
Accounts Receivable ◽  
Financial Condition ◽  
Loan Terms

In modern conditions, due to the rapid development of economic turnover, the obligation has become the most common form of civil relations. Without obligations, it is impossible to imagine the normal functioning of the economy of the state as a whole, and at the level of individual individuals and legal entities. A special place in the life of modern society is held by debt obligations. The main types of debt are receivables and payables. In an unstable market economy, the risk of non-payment or late payment of bills increases, this leads to the appearance of the main types of debt obligations: receivables and payables. In order to manage accounts receivable, an enterprise needs to have complete information about a potential buyer, evaluate its business reputation, analyze the financial condition of each potential customer, determine possible loan amounts and loan terms for customers, etc.The article under consideration contains a description of the objects of assessment, the factual information we have collected, the stages of the analysis, the justification of the results obtained, as well as the restrictive conditions and assumptions made

scholarly journals Analisis Likuiditas Laporan Keuangan Perusahaan Dagang Dalam Zahir Accounting Versi 5.1

2020 ◽  
Vol 7 (1) ◽  
pp. 98-104
Author(s):  
M.L.Dian Ela Revita ◽  
Indah Ariyati
Keyword(s):  
Decision Making ◽  
Financial Statements ◽  
Financial Reports ◽  
Financial Decisions ◽  
Trading Company ◽  
Financial Condition ◽  
Managerial Decisions ◽  
Corporate Profits ◽  
A Company ◽  
Program Version

Abstack  Decision making is the most important thing in managing a company. Errors in decision making can result in losses, which in turn the company will suffer losses. Loss prevention is to conduct an analysis of financial statements in accordance with accounting principles. By analyzing the financial statements, management is expected to be able to assess the company's financial condition, so that it is easy to understand, so that the financial decisions made can be in accordance with the company's financial weaknesses and strengths. In microeconomics, one of the goals of a company is maximizing corporate profits. The use of Zahir Accounting Program version 5.1 can help the management of the Salsabila Mart Bekasi trading company in analyzing financial statements as a benchmark for decision making. The liquidity analysis obtained from the Zahir Accounting application calculation shows that Salsabila Mart Bekasi in June 2019 was able to settle short-term debt from current assets owned by the company. From all aspects of calculated liquidity, this shows that Salsabila Mart Bekasi is a highly liquid company, with an average liquidity yield Current Ratio: 36,639.41%; Qucik Ratio: 23,351.44% and Cash Ratio: 22,551.44%. Current assets are still far more than current liabilities that must be fulfilled during June. In this research the Zahir Accounting Version 5.1 application can help the company's internal and external parties obtain financial reports and analysis of financial statements as information used in making managerial decisions. Keywords: Liquidity Analysis, Financial Statements, Zahir Accounting 

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