Principals of Financial Modelling

Principals of Financial ModellingThe financial statements submitted by each company annually reflect their financial performance in the past but are also utilized to forecast the future results in quantitative and realistic frames. The aim of the following elaboration is to thoroughly research all the issues related to financial modelling. The author step by step introduces the reader with theoretical and practical assumptions related to forecasting of respectively, the profit & loss account, balance sheet account and cash flow statement. All of the issues are illustrated with excel spreadsheets that were prepared exclusively for this article purposes.

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PENERAPAN PSAK NO. 2 TENTANG LAPORAN ARUS KAS DALAM PENGAMBILAN KEPUTUSAN PADA PERUM BULOG DIRVE SULUT DAN GORONTALO

GOING CONCERN : JURNAL RISET AKUNTANSI ◽

10.32400/gc.10.2.8364.2015 ◽

2015 ◽

Vol 13 (03) ◽

Author(s):

Fanesa Isalia Minanda Syaefudin ◽

Jenny Morasa ◽

Stanly Alexander

Keyword(s):

Decision Making ◽

Cash Flow ◽

Balance Sheet ◽

Financial Statements ◽

Operating Cash Flow ◽

Cash Flow Statement ◽

Quantitative Descriptive ◽

One Year ◽

Finance Department ◽

Real State

In the company’s Financial Statements is a means of consideration in decision making so that, componentsin the financial statements must betrue and correct. In thedecision making companies should use the cash Flow Statement because sometimes the income and balance sheet does not show the real state of corporate finance. The purposeof this study to determine the application of the Cash Flow Statement in accordance with SFAS No. 2 in corporate decision. This type of research is quantitative descriptive. The results showed, net cash provided by the company during the year has decreased compared to the previous year. This study uses the ratio analysisin corporate decision making. The Ratio of Operating Cash Flow to Total Liabilities can be used as basis for decision making in the company repay its total Liability for one year of operation. The Ratio of Cash Flow to Current Liabilities can be used as the basis of the decision making companies when measuring the company’s ability to pay Current Liabilities by Net Operating Cash Flow. The Ratio of Cash Flow to Sales companies measure the company’s ability to measure the company’s ability to obtain cash from to sale. Leaders should Perum Bulog particularly the finance department needs to implement the Cash Flow Statement as the basis of its analysis so that can know the financial situation and can be used as a basis for decision making of the company.

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Understanding the connection between SMEs’ competitiveness and cash flow generation: an empirical analysis from Hungary

Competitiveness Review An International Business Journal incorporating Journal of Global Competitiveness ◽

10.1108/cr-01-2020-0019 ◽

2020 ◽

Vol ahead-of-print (ahead-of-print) ◽

Author(s):

Gabor Markus ◽

Andras Rideg

Keyword(s):

Financial Performance ◽

Cash Flow ◽

Explanatory Power ◽

Cash Flows ◽

Ordinary Least Squares ◽

Competitive Performance ◽

Content Type ◽

The Past ◽

Wide Range ◽

The Future

Purpose The purpose of this paper is to interconnect the firm level competitive performance (competitiveness) to the financial performance of the firms. The goal is to give evidence on how successful small- and medium-sized enterprises (SMEs) use their financial performance to support their competitive performance. Design/methodology/approach Competitiveness is interpreted and measured through the resource-based view theory on a wide range of competitiveness measurements with a sample size of 639 SMEs. Financial data originate from official, publicly accessible governmental archives. All data are from a mid-size Central European country (Hungary). To interconnect competitiveness and financial performance, this paper recognizes two types of cash flow, namely, cash flow to the “past” (dividend and debt service) and cash flow to the “future” (CAPEX and innovation). This paper used ordinary least squares regression and binomial logistic regression to analyze connections. Findings Cash flows to the “future” have much stronger effects on competitiveness than cash flows to the “past.” Debt services do not affect competitiveness, whereas dividends, CAPEX and innovation efforts have a significant positive connection to competitiveness, showing that higher cash flow indicates higher competitive performance. If this paper knows how much the firm spends on innovation and dividends, in about the four-fifths of the cases, this paper can predict the level of the competitiveness of the firm without any additional information. The level of these variables gives enough information, the variability of them is not relevant. Research limitations/implications The explanatory power of future-oriented cash flow elements is much higher than that of the past-oriented ones, while innovation dominates all models. Firms with higher competitiveness build their returns in their cost structure, and only when the financial position of the firm is stable enough, withdraw the financial resource based on a long-term plan. The results are limited by the fact that using the current sample, detailed and representative (e.g. cross-industrial, spatial, etc.) decomposition is not possible. Originality/value Literature is focusing on how SMEs reach success, how SMEs “earn money.” There is no evidence on how SMEs “spend money,” earned during their success.

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

Journal of Business Case Studies (JBCS) ◽

10.19030/jbcs.v4i1.4748 ◽

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.

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Standar Akuntasi Keuangan Entitas Tanpa Akuntabilitas Publik (SAK ETAP)

Agregat Jurnal Ekonomi dan Bisnis ◽

10.22236/agregat_vol2/is2pp399-411 ◽

2018 ◽

Vol 2 (2) ◽

pp. 399 ◽

Cited By ~ 1

Author(s):

Budiandru Budiandru ◽

Shabrina Saufani Isfa

Keyword(s):

Qualitative Analysis ◽

Cash Flow ◽

Balance Sheet ◽

Financial Statements ◽

Income Statement ◽

Cash Flow Statement ◽

Descriptive Qualitative

This study aims to analyze the application of SAK ETAP on the presentation of financial statements CV SK. CV SK is a medium-sized businesses engaged in catering services and Wedding Organizer. The method used in this research is descriptive qualitative analysis. The results of the study based on Balance Sheet and Income Statement for 2012-2016, show that the company has not presented cash flow statement, and notes to financial statements (CALK) and inconsistency in the presentation of some post on Balance Sheet not disclosed in CALK. This research suggests that companies develop other components of financial statements and disclose the company's accounting policies in CALK.

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IPTEKS LAPORAN ARUS KAS SEBAGAI PENGUKUR PENILAIAN KINERJA KEUANGAN PADA PT. BANK SULUTGO

Jurnal Ipteks Akuntansi Bagi Masyarakat ◽

10.32400/jiam.2.02.2018.21681 ◽

2018 ◽

Vol 2 (02) ◽

Author(s):

Gita Gabriella Kakasih ◽

Tessa Isabel Kodong ◽

Lidia M. Mawikere

Keyword(s):

Financial Performance ◽

Regional Development ◽

Cash Flow ◽

Development Bank ◽

North Sulawesi ◽

The Future ◽

Cash Flow Statement ◽

Operational Activities ◽

The Impact ◽

Regional Development Bank

PT. Bank SulutGo Headquarters is located at Jl. Sam Ratulangi no.9, north wenang, wenang, Manado City, North Sulawesi. Which was established on March 17, 1961 with the name of the Central North Sulawesi Regional Development Bank, on April 14, 1999 the regional development bank changed its name to PT. Bank Sulut, and September 23 2015 changed to PT. North Sulawesi Gorontalo regional development bank (PT. Bank SulutGo).In general, companies only think of big and fast profits by doing anything to achieve the desired target of the company, without thinking about the impact in the future. But gradually the company must realize that every activity must be carried out with a mature calculation taking into account the risks that must be faced. Financial performance is an analysis conducted by the company to find out where the operational activities are by using the rules in financial implementation effectively and efficiently. In this case the cash flow report at PT. Bank SulutGo has been running effectively and efficiently, so that the company can be more advanced in the future can be used as input for the company the need for efficiency to avoid undesirable things such as avoiding losses and also reducing unused cash.Keywords: cash flow statement, financial performance

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Minority Interest in the Consolidated Retained Earnings Statement

Accounting Horizons ◽

10.2308/acch.2001.15.2.119 ◽

2001 ◽

Vol 15 (2) ◽

pp. 119-146 ◽

Cited By ~ 11

Author(s):

Hugo Nurnberg

Keyword(s):

Cash Flow ◽

Balance Sheet ◽

Financial Statements ◽

Cash Flows ◽

Parent Company ◽

Consolidated Financial Statements ◽

Entity Theory ◽

Income Statement ◽

Cash Flow Statement ◽

Retained Earnings

Consolidated financial statements purport to report income, financial position, and cash flows of a parent company and its subsidiaries as if the group were a single company with one or more branches or divisions. Under the parent company theory, the consolidated entity perspective assumed in the consolidated income statement, the consolidated balance sheet, and the consolidated retained earnings statement differs from the consolidated entity perspective assumed in the consolidated cash flow statement. Even under extant expositions of the entity theory, the consolidated entity perspective assumed in the consolidated income statement, the consolidated balance sheet, and the consolidated cash flow statement differs from the consolidated entity perspective assumed in the consolidated retained earnings statement. This paper develops a consistent consolidated entity perspective for all four consolidated financial statements. It demonstrates that under the entity theory, consolidated retained earnings includes the separate equities of both the parent company stockholders and the minority interest. As such, both elements of retained earnings should be reported in the consolidated retained earnings statement to make it comparable to the consolidated retained earnings statement of companies without subsidiaries or with only wholly owned subsidiaries. The effect on certain financial ratios of public companies may be substantial. The paper also demonstrates that for purchased subsidiaries, minority interest in consolidated retained earnings includes unamortized write-ups of identifiable net assets and goodwill arising from purchase-type business combinations.

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

Journal of Business Case Studies (JBCS) ◽

10.19030/jbcs.v4i3.4761 ◽

2011 ◽

Vol 4 (3) ◽

pp. 1

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

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Penyusunan Neraca Dan Laporan Arus Kas Di Yayasan Masjid Al Fatah Comal Pemalang Sesuai PSAK No.45

BALANCE: Economic, Business, Management and Accounting Journal ◽

10.30651/blc.v16i1.2451 ◽

2019 ◽

Vol 16 (1) ◽

Author(s):

Jilma Dwi Ayu Ningtyas ◽

Nor Rahayu

Keyword(s):

Nonprofit Organizations ◽

Cash Flow ◽

Descriptive Analysis ◽

Balance Sheet ◽

Financial Statements ◽

Financial Reports ◽

Governmental Organizations ◽

Non Governmental Organizations ◽

Public Areas ◽

Cash Flow Statement

ABSTRACT Public sector accounting used by public institutions as a means of accountability to the public. Institutional public areas include government non-profit organizations and non-governmental non-governmental organizations. exp (foundations, non-governmental organizations, religious organizations, political organizations, etc.)The mosque is one of the nonprofit organizations in the religious field, in accordance with PSAK 45 on Nonprofit Organizations, that nonprofit organizations should also and are entitled to make financial reports and report to users of financial statements (Andarsari, 2016). The purpose of this study is to prepare a statement of financial position and cash flow statement in accordance with PSAK No. 45 at Masjid Al Fatah Comal Pemalang Foundation. The research object is Al Fatah mosque foundation which is located in Purwosari Village RT 02 RW 08 District Comal, Regency Pemalang. The research method used is observation, interview and documentation with descriptive analysis. The output of this research is in the form of financial report of Masjid Al Fatah Comal Pemalang Foundation in accordance with PSAK No. 45 and shows the balance sheet position in balance state amounting to Rp 1,362,568,000, - and the cash flow statement shows the remaining unused cash of Rp 11,133,000. The researcher's suggestion in the preparation of financial statements needs to be followed up, because the financial information can be known in detail and to know the development of the mosque's foundation every year. and should use cash basis method to make it easier.Keywords : Financial Statements, Nonprofit Organizations, PSAK No.45Correspondence to : [email protected] , [email protected] ABSTRAK Akuntansi sektor publik adalah akuntansi yang dipakai oleh lembaga-lembaga publik sebagai alat pertanggung jawaban kepada publik. Secara kelembagaan wilayah publik antara lain meliputi organisasi nirlaba pemerintahan dan organisasi nirlaba non-pemerintahan meliputi organisasi sukarelawan, rumah sakit, sekolah tinggi dan universitas, serta organisasi-organisasi non pemerintahan lainnya (yayasan,lembaga swadaya masyarakat, organisasi keagamaan, organisasi politik, dan lain sebagainya). Masjid merupakan salah satu organisasi nirlaba dalam bidang keagamaan, sesuai dengan Pernyataan Standar Akuntansi Keuangan (PSAK) 45 tahun 2015 tentang Organisasi nirlaba, bahwa organisasi nirlaba juga harus dan berhak untuk membuat laporan keuangan dan melaporkan kepada para pemakai laporan keuangan (Andarsari,2016). Tujuan dari penelitian ini adalah untuk menyusun laporan posisi keuangan dan laporan arus kas yang sesuai dengan PSAK No. 45 di Yayasan Masjid Al Fatah Comal Pemalang. Obyek penelitian adalah yayasan masjid Al Fatah yang beralamat di Desa Purwosari RT 02 RW 08 Kecamatan Comal, Kabupaten Pemalang. Metode penelitian yang digunakan adalah observasi, wawancara dan dokumentasi dengan analisis deskriptifHasil output penelitian ini berupa laporan keuangan Yayasan Masjid Al Fatah Comal Pemalang yang sesuai dengan PSAK No. 45 dan menunjukan laporan posisi keuangan (neraca) dalam keadaan balance yaitu sebesar Rp 1.362.568.000,- dan pada laporan arus kas menunjukan sisa kas yang belum digunakan sebesar Rp 11.133.000,-. Saran peneliti dalam hal penyusunan laporan keuangan perlu ditindaklanjuti, karena agar informasi keuangan dapat diketahui secara detil serta untuk mengetahui perkembangan yayasan masjid setiap tahunnya. dan sebaiknya menggunakan metode basis kas (cash basic) agar memudahkan.Kata kunci : Laporan Keuangan ,Organisasi Nirlaba, PSAK No.45Korspondensi : [email protected] , [email protected]

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IMPROVING TRANSPARENCY AND ACCOUNTABILITY OF MSME FINANCIAL STATEMENTS BY USING ACCRUAL METHOD

Management and Economics Journal (MEC-J) ◽

10.18860/mec-j.v0i1.5394 ◽

2018 ◽

pp. 171

Author(s):

Risnaningsih Risnaningsih ◽

Sjheny Tanuwijaya ◽

Nur Ida Iriani

Keyword(s):

Cash Flow ◽

Small And Medium Enterprises ◽

Balance Sheet ◽

Sampling Technique ◽

Financial Statements ◽

Snowball Sampling ◽

Income Statement ◽

Cash Flow Statement ◽

Medium Enterprises ◽

Transparency And Accountability

Many Micro, Small, and Medium Enterprises (MSMEs) are still carrying out a simple accounting record and have not implemented accrual basis method. It is expected that in the future all MSMEs can make more transparency and accountability report by using accrual method so it can assist MSMEs in applying credit to banks or other investors to increase the business capital. This study was conducted in Malang Regency, Batu City, and Malang City. This study used descriptive qualitative method. The data collection techniques were done by interview and documentation with sampling technique using purposive sampling and snowball sampling. The collected data will be analyzed by interactive analysis method including data reduction, data presentation, and data verification or interpretation. The results showed that the owners of SMEs in managing their finances use simple accounting by using accrual method so that the financial statements produced more accurate than if the owners of MSMEs use cash method. The owners of SMEs do not need to make complete financial statements, they may use three types of financial statements, namely: income statement, balance sheet, and cash flow statement. The income statement is used to find out how much the profit or loss of the MSMEs, the balance sheet is used to find out the assets, liabilities, equity, and cash flow statement is used to find out the changes occurring during the period of operating, investing, and financing activities. These three types of financial statements have already been used by MSME owners as one of the requirements to obtain credit from banks or other investors.

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Penyusunan Laporan Keuangan Pada Sumurboto Stationery Semarang Tahun 2016 Berdasarkan Sak Etap

Jurnal Aktual Akuntansi Keuangan Bisnis Terapan (AKUNBISNIS) ◽

10.32497/akunbisnis.v1i1.1227 ◽

2018 ◽

Vol 1 (1) ◽

Author(s):

Lasa Laksita ◽

Adilistiono Adilistiono

Keyword(s):

Cash Flow ◽

Balance Sheet ◽

Accounting Standards ◽

Financial Statements ◽

Financial Accounting ◽

Financial Statement ◽

Public Accountability ◽

Final Project ◽

Income Statement ◽

Cash Flow Statement

Financial statement preparation is very important because it can describe the finance of an entity and as a basis for decision making. The purpose of this Final Project is to prepare the company's financial statements consisting of Balance Sheet, Income Statement, Statement of Changes in Equity and Cash Flow Statement based on Financial Accounting Standards of Entities Without Public Accountability (SAK ETAP), with the result that assist Sumurboto Stationery in preparing financial statements. Interview and documentation are used in data collection method. On the other hand, this Final Project used description and exposition method for the writing method. The result of this Final Project is to gain the knowledge in how have Sumurboto Stationery done their financial statement preparation in 2016 based on Financial Accounting Standards of Entities Without Public Accountability (SAK ETAP) that consisting of Income Statement, Statement of Changes in Equity, Balance Sheet and Cash Flow Statement. Hopefully, Sumurboto Stationery can be able to prepare their financial statement for the next period in accordance with Financial Accounting Standards of Entities Without Public Accountability (SAK ETAP)

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