scholarly journals An evaluation of bank acquisition using an accounting based measure: a case of Amalgamated Bank of South Africa and Barclays Bank Plc.

2017 ◽  
Vol 12 (1) ◽  
pp. 160-165
Author(s):  
Mbuyiseni Goodlife Ntuli
Keyword(s):  
South Africa ◽  
Research Method ◽  
Primary Source ◽  
Financial Statements ◽  
Share Price ◽  
Financial Statement ◽  
Analysis Method ◽  
Financial Statement Analysis ◽  
Better Than

In 2005, Barclays Bank Plc acquired 56.4 percent stake of Amalgamated Bank of South Africa (ABSA). The performance of this acquisition has never been evaluated. Therefore, the purpose of this article is to evaluate the performance of the acquired ABSA through an accounting based measure. The primary source of data was the 2004-2015 ABSA audited financial statements. The audited financial statements are publicly available. The period 2004-2015 includes a period before, during and after the acquisition. In this article, a financial statement analysis method through accounting based measure was the preferred research method. The financial statement analysis method was preferred because of its strength and ability to assess viability, stability and profitability by using formulae, ratios and calculations. Therefore, this article used financial formulae and ratios as acceptable accounting based measures to evaluate the performance of the acquired ABSA. The major finding is that the acquired ABSA is doing better than at the pre-acquisition stage and the share price of the acquired ABSA has been increasing since 2005 to 2015.

scholarly journals PERANAN LAPORAN KEUANGAN DALAM KEBIJAKSANAAN PEMBERIAN KREDIT KEPADA CALON NASABAH PADA PT. BPR BATANG KAPAS

2018 ◽  
Author(s):  
Ananda Rahmi Shanjaya ◽  
Doni Marlius
Keyword(s):  
Data Analysis ◽  
Research Method ◽  
Qualitative Data ◽  
Financial Statements ◽  
Financial Statement ◽  
Net Income ◽  
Financial Statement Analysis ◽  
Operating Income ◽  
Operating Profit

The objective to be achieved in this study is to find out how the financial statement analysis of PT. BPR Batang Kapas in giving credit to prospective customers. In analyzing data, the author uses qualitative data analysis as a research method that explains descriptively about the role of financial statements in the policy of giving credit to prospective customers of PT. BPR Batang Kapas. Research Results The total operating income of PT. BPR Batang Kapas in 2015 was Rp. 4,127,157,198 while in 2016 it was Rp. 4,614,930,633. While the operating profit and loss of PT. BPR Batang Kapas in 2015 was IDR 552,086,280 and in 2016 was IDR 627,180,472. it can be seen that the national financial profit of PT. BPR Batang Kapas has increased by Rp 75,094,192. It is clear that PT. BPR Batang Kapas benefited from 2015 to 2016. Both in terms of the amount of operating income, operating income or net income at PT. BPR Batang Kapas. But based on the data on the ratio of Liquidity, Solvability, and Profitability see the percentage that exists at PT. BPR Batang Kapas, there is a possibility that credit can be given to prospective customers.

Financial Statement Analysis Under IFRS

2018 ◽  
pp. 696-712
Author(s):  
Yasemin Zengin Karaibrahimoglu ◽  
Gökçe Tunç
Keyword(s):  
New York ◽  
Financial Reporting ◽  
Stock Exchange ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Financial Reports ◽  
York Stock Exchange ◽  
Key Points ◽  
Recent Developments

This chapter provides a clear conceptual discussion on the recent developments in the Financial Statement Analysis (FSA). It presents how IFRSs changed the outlook of the financial reporting and the analysis and explains the key points that should be considered in FSA. Using a case study on the financial reports of Turkcell, a communication and technology company listed both on the New York Stock Exchange (NYSE) and the Borsa Istanbul (BIST), the differences between IFRSs and U.S. GAAP accounting standards in the measurement of overall financial performance and position are documented. Overall findings show that IFRSs change the appearance of financial statements significantly. While IFRS reporting extenuates “the bottom line” it accentuates total assets with higher shareholder equity compared to U.S. GAAP. This chapter might be a practical guide for users, preparers, and regulators to understand the cosmetic impact of IFRSs on financial statements.

Amtek Auto debacle: financial statement analysis

2020 ◽  
Vol 10 (2) ◽  
pp. 1-24
Author(s):  
Asheesh Pandey
Keyword(s):  
Learning Outcomes ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Content Type ◽  
Academic Level ◽  
Reserve Bank ◽  
Financial Decision ◽  
The Relationship ◽  
A Company

Learning outcomes The learning outcomes are as follows: developing an understanding of financial statement analysis among students; students would be able to calculate various ratios, understand their meaning and interpret them to take a financial decision; and exploring the relationship between financial leverage and risk. Case overview/synopsis Amtek Auto is a leading auto-components manufacturer established in 1988 which entered into bankruptcy in through the order of Reserve Bank of India in 2017. The company started with a humble beginning and later on the promoter decided to expand exponentially both through organic as well as inorganic growth in past 15 years. To grow a company kept on taking debt which made it riskier and deteriorated its financial position over a period. The case covers a 10-year timeline from 2008 to 2017. It gives an opportunity to analyze its financial statements to understand how its decisions shaped its performance Complexity academic level The case aims for students to take a comprehensive view of the financial statement analysis of Amtek Auto including the following: vertical and horizontal analysis; comprehensive ratio analysis including liquidity, profitability, leverage and turnover ratios with special emphasis on debt as a double-edged sword; analysis of Armtek Auto’s financial performance over a period of 10 years. Supplementary materials Teaching Notes are available for educators only. Subject code CSS 1: Accounting and Finance.

scholarly journals ANALISIS VALUASI SAHAM BUMN MENGGUNAKAN METODE DIVIDEND DISCOUNTED MODEL DAN ECONOMIC VALUE ADDED

2021 ◽  
Vol 17 (2) ◽  
pp. 115-128
Author(s):  
Irvan Liunardi Senjaya
Keyword(s):  
Intrinsic Value ◽  
Economic Value ◽  
Value Added ◽  
Secondary Data ◽  
Financial Statements ◽  
Financial Statement ◽  
Economic Value Added ◽  
Financial Statement Analysis ◽  
Book Value ◽  
Value Added Model

This research is aimed at analyzing the valuation of BUMN shares with the dividend discounted model and economic value added model. This study is also aimed to teach early or novice investors about financial statement analysis, which contains information about companies' finances and companies' actions in the following years. Financial statement analysis is not limited to the Price-to-Earnings Ratio (P/E Ratio) and Price-to-Book Value (PBV). There are various analyses that can be used, such as the dividend discounted model aiming to find the company's intrinsic value and economic value added aiming to find economic value that will benefit investors. For this research, the researchers need 12 state-owned-enterprises (SOEs) to be used as samples and secondary data. The data used for this research are financial statements (2015-2019 period) and dividends per share (2015-2019 period). The data used were obtained before the event of CoVID-19. The results show that from the dividend discounted model and economic value added, 7 out of 12 SOEs are undervalued and have economic value for investors.             

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 Analysis of Company Financial Performance Perum Jasa Tirta

2020 ◽  
Vol 3 (3) ◽  
pp. 25-31
Author(s):  
Yuli Agustina ◽  
Wita Ryani Juniar ◽  
Heri Pratikto ◽  
Ely Siswanto
Keyword(s):  
Financial Performance ◽  
Financial Statement ◽  
Financial Ratios ◽  
Analysis Method ◽  
Excellent Performance ◽  
Financial Statement Analysis ◽  
Poor Condition ◽  
Activity Ratios ◽  
Profitability Ratios

The purpose of this study is to determine the financial performance of Perum Jasa Tirta I Malang-East Java for the period 2009-2018. This type of research used in this study is a description and the method used to measure financial performance is one of the methods of financial statement analysis. The financial statement analysis method involves several financial ratios namely liquidity ratios, leverage, activity and profitability and is measured based quantitatively data. The results showed that: Information on financial performance is needed in maintaining the company's existence; this is evident from the results Financial performance of Perum Jasa Tirta I, as seen from profitability ratios and leverage ratios, showed excellent performance even though profitability ratios and activity ratios are known to be in poor condition.

MODERN PROBLEMS OF ACCOUNTING ANALYSIS AND AUDIT

2020 ◽  
Author(s):  
S. A. Soroka ◽  
O. A. Evdokimova
Keyword(s):  
Investment Decisions ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Important Stage ◽  
Ongoing Work ◽  
Further Development

Financial statement analysis and audit is the important stage of the process of accounting. Users of financial statements take managerial and investment decisions that are based on the finding, thereby influencing ongoing work and further development. Accuracy of these decisions might be affected by the problems arising in the process of the analysis and audit. The article describes major problems encountered in the process of the analysis and audit as well as their solutions

scholarly journals Using A Project/Case Study To Teach Financial Statement Analysis In The Introductory Business Finance Course

2011 ◽  
Vol 4 (1) ◽  
pp. 91
Author(s):  
John T. Rose
Keyword(s):  
Financial Performance ◽  
Cash Flow ◽  
Financial Statements ◽  
Financial Statement ◽  
Complete Picture ◽  
Financial Statement Analysis ◽  
Microsoft Excel ◽  
Introductory Course ◽  
The Past

This study presents a project, written in the form of a case study and accompanied by a Microsoft Excel template, to be assigned to an introductory course in business finance. The objective is to give introductory finance students an application of financial statement analysis beyond that provided by the typical end-of-chapter problems. The project is designed to enable students to link together the information provided by the several analytical toolscommon size financial statements, analytical ratios, and the cash flow statementand so obtain a complete picture of a firms financial performance over the past several years and relative to the average firm in the industry.

scholarly journals Financial Statement Analysis of ONGC LTD. with reference to: Horizontal Analysis & Common Size Analysis

2013 ◽  
Vol 1 (2) ◽  
pp. 215-225
Author(s):  
Mayur Rao
Keyword(s):  
Capital Structure ◽  
Financial Statements ◽  
Financial Statement ◽  
Size Analysis ◽  
Financial Statement Analysis ◽  
Liquid Asset ◽  
Fixed Assets ◽  
The World ◽  
Illiquid Assets

ONGC was ranked at 171th position in Forbes Global 2000 list of the worlds‘ biggest companies for 2012. ONGC has grown multifold to become one of the largest Exploration & Production (E&P) companies in the world. The financial statement Analysis of ONGC for 2012 as compared to 2011 will reveal many things.The present paper focuses on comparison of financial statements of ONGC for 2011 & 2012 with Horizontal & Common size analysis. Main objective is to identify various reasons of increase or decrease in variables of financial statements esp. Profit at varied stages, and to conclude financial position.It was found from study that ONGC modifies its capital structure in 2012, by sourcing out more and more funds from own equity. ONGC‘s investment is increased in fixed assets and decreased in liquid asset in 2012 as compared to 2011, concluding much money blockage in illiquid assets. Still ONGC gets nice increase of PAT, which satisfies shareholders & Investors.

scholarly journals The lack of Financial Statement Spplication in Kosovo’s Farms and its Consequences

2016 ◽  
Vol 3 (2) ◽  
pp. 391
Author(s):  
MSc. Jehona Shkodra ◽  
Dr.Sc. Mustafe Pllana ◽  
MSc. Ekrem Gjoka
Keyword(s):  
Developing Countries ◽  
Financial Statements ◽  
Financial Statement ◽  
Financial Statement Analysis ◽  
Research Questions

The application of financial statement analysis in business activities is essential but this is often seen as frivolous in developing countries and in Kosovo as well . From the research conducted in hundred farms in different regions of Kosovo we understood that the application level of financial statement applied is low and in few farms it does not exist at all. The following research questions were used for this research:1. Why does this situation happen? 2. To what extent are farmers familiar with the financial statement analysis? 3. What is the farmer’ willingness to advance in financial statement analysis field? 4. What would be the consequences due to the lack of application of financial statements? 

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