scholarly journals Analisis Biaya Cadangan Risiko Pinjaman dan Cadangan Risiko Pinjaman Dalam Laporan Auditor Independen Unit Pengelola Keuangan (Studi Kasus: Badan Keswadayaan Masyarakat di Kabupaten Bantul Provinsi DIY)

2016 ◽  
Vol 4 (2) ◽  
Author(s):  
Kurniawan Kurniawan ◽  
Dody Hapsoro
Keyword(s):  
Financial Reporting ◽  
Public Accounting ◽  
Loan Risk ◽  
Audit Result ◽  
Results Reporting ◽  
Almost All ◽  
The Cost ◽  
Keywords Cost

This study examines whether there are differences in the cost of the loan risk reserves and the loan risk reserves between audit results data and financial reporting. The research sample consisted of the audit results report on 50 BKM (Badan Keswadayaan Masyarakat) in Kabupaten Bantul Provinsi Daerah IstimewaYogyakarta whichhave been audited by Budiman, Wawan, Pamudji and Partners Public Accounting Firmin 2014. This study found that the cost of the loan risk allowances and loan risk allowances between audit result and reporting differed significantly. The study concluded that almost all of BKM not charge cost and reserve risk of the loan according collectibility list that is used as the source of the audit resultscalculation. Keywords: Cost of the loan risk reserves, loan risk reserves, audit results, reporting.

IFRS IMPLEMENTATION AS ONE OF THE FACTORS FOR IMPROVING THE INVESTMENT CLIMATE IN UKRAINE

2017 ◽  
Author(s):  
Kateryna Sova ◽  
◽  
Natalia Yatsenko ◽  
Denys Zagirniak ◽  
◽  
...  
Keyword(s):  
Financial Reporting ◽  
Direct Investment ◽  
Financial Statements ◽  
International Standards ◽  
Investment Climate ◽  
The European Union ◽  
Economic Activities ◽  
Financial Reporting Standards ◽  
Almost All ◽  
The Impact

The article is devoted to the study of the impact of the introduction of International Financial Reporting Standards (IFRS) on changes in the investment climate in Ukraine. The relevance of the topic is that improving the practice of applying IFRS as a tool for exchanging financial information is one of the key conditions for improving the investment climate in Ukraine. The authors have created the generalized scheme that illustrates the chronological list of enterprises that are required by law to prepare financial statements in accordance with IFRS. It was noted that in 2018, in accordance with Part 2 of Article 12 of the law on accounting and financial reporting in Ukraine and resolution of the Cabinet of Ministers of Ukraine No. 547 from 11.07.2018, the criteria of enterprises that are required to prepare financial statements in accordance with IFRS were updated. This step significantly increased the level of application of international standards due to the adoption of such a decision at the legislative level. The dynamics of the number of IFRS enterprises in Ukraine was analyzed. The analysis showed that over the past three years, the number of almost all enterprises that must apply international standards has been growing. The advantages of using IFRS for different users of financial statements were determined. It was determined that the priority users of IFRS financial statements are investors. At the same time, it was noted that the main advantage for other users of financial statements prepared in accordance with international standards is the improvement of the investment climate. The dynamics of the Investment Attractiveness Index of Ukraine based on the Likert scale in the period from 2016 to 2020 was analyzed. The direct investment receipts to Ukraine from the European Union countries were studied. The dynamics of direct investment in the Ukrainian economy was analyzed for two types of economic activities that should form financial statements in accordance with IFRS, namely, the extractive industry and quarrying, as well as financial and insurance activities.

ANALISIS PERHITUNGAN HARGA POKOK PRODUKSI DAN PENENTUAN HARGA JUAL ATAS PRODUK (Studi Kasus Pada PT Dasa Windu Agung)

2016 ◽  
Vol 1 (2) ◽  
pp. 183-190
Author(s):  
Dwi Urip Wardoyo
Keyword(s):  
Manufacturing Industry ◽  
Sampling Method ◽  
Manufacturing Companies ◽  
Test Analysis ◽  
Automotive Components ◽  
Convenience Sampling ◽  
Cost Of Production ◽  
The Cost ◽  
Keywords Cost

This study aims to determine the determination of the cost of production for products produced by PT. DWA. The Company is engaged in the manufacturing industry specialized in automotive components. Its activity is carried out through a series of production processes, so that expenses spent in the production will be calculated into the cost of the production sold. The population in this study were all manufacturing companies in Jakarta. Convenience sampling method selected one of the companies that get the confidence to assemble three national car project in Indonesia, namely Timor, Bakrie and Maleo. Test analysis used in this study is to test the calculation of full costing with job order costing. This study shows that (a) determination of the cost elements associated with the cost of production and (b) determining the cost of production on a product-based job costing with full costing approach. Keywords: cost of production, full costing

Viewing the 1996 FAF Restructuring as Policy Making without a Formal Due Process

2002 ◽  
Vol 16 (3) ◽  
pp. 199-214 ◽  
Author(s):  
Paul B. W. Miller
Keyword(s):  
Financial Reporting ◽  
Policy Making ◽  
Due Process ◽  
Accounting Standards ◽  
Sole Source ◽  
Securities And Exchange Commission ◽  
Financial Accounting ◽  
Perceived Threat ◽  
Financial Accounting Standards Board ◽  
Public Accounting

In 1996, a major financial reporting controversy emerged, escalated, and was resolved without substantial exposure or a formal due process. Specifically, a committee of the Financial Executives Institute (FEI) sent a letter to the chair of the Financial Accounting Foundation (FAF) asserting that the Financial Accounting Standards Board (FASB) “process is broken and in need of substantive repair.” When Securities and Exchange Commission (SEC) Chair Arthur Levitt determined that neither FAF nor public accounting leaders were dealing with the FEI proposals to his satisfaction, he acted to defeat this perceived threat to FASB's independence, focusing on the composition of the FAF. In response, the FAF trustees resisted because they viewed his intervention as a threat to FASB's independence. When the trustees did not voluntarily change, Levitt proposed reconsidering Accounting Series Release No. 150, which designates FASB as the sole source of GAAP for SEC filings. Eventually, Levitt prevailed. This paper describes this intervention as a case of policy making without a formal due process and adds to the already weighty evidence that accounting standards are political.

scholarly journals An explanatory study of the use of e-mail investor communication by South African listed companies

2016 ◽  
Vol 18 (1) ◽  
Author(s):  
Roelof Baard ◽  
George Nel
Keyword(s):  
Listed Companies ◽  
Future Research ◽  
Contact Method ◽  
Interactive Communication ◽  
Handling Performance ◽  
Corporate Websites ◽  
Use Of Social Media ◽  
Almost All ◽  
The Cost ◽  
E Mail

Background: Although research shows that almost all listed companies have corporate websites with dedicated investor relations (IR) sections that enable companies to ‘push’ information to investors, it was argued that such an asymmetrical approach to communication is insufficient for companies wishing to exercise good IR. The purpose of this study was to test the effectiveness of the Internet to act as a mechanism to achieve more interactive communication between companies and investors.Objectives: The objectives of the study were to measure the responsiveness, timeliness and relevance of companies’ responses to e-mail requests, and to test for the determinants (size, market-to-book ratio, profitability, leverage and liquidity) thereof.Method: The mystery investor approach and a content analysis were used to study the e-mail handling performance of companies. The associations between company-specific characteristics were statistically tested.Results: It was found that the e-mail handling performance of companies in this study was poor compared with previous studies. Significant relationships between company size and responsiveness and relevance, and between market-to-book ratio and relevance were reported, as well as between the contact method used to request information and relevance and the use of social media and timeliness.Conclusion: Specific areas where companies could improve their investor communications were identified. The need for further research was discussed to explain some of the relationships found, as well as those not found, in contrast to what was expected. Future research is warranted to examine the relationship between the e-mail handling performance of companies and information asymmetry and the cost of equity of companies.

The use of natural conditions of the high alpine province of Dagestan for reproduction of prospective varieties and hybrids of potato

2021 ◽  
pp. 34-37
Author(s):  
В.К. Сердеров ◽  
Д.В. Сердерова
Keyword(s):  
Field Experiments ◽  
Climatic Conditions ◽  
High Yield ◽  
Potato Varieties ◽  
Caspian Lowland ◽  
The Republic ◽  
High Yielding Varieties ◽  
Almost All ◽  
The Cost ◽  
Mountain Province

Большое значение в увеличении продуктивности картофеля имеет внедрение в производство перспективных высокоурожайных сортов и гибридов, приспособленных к местным природно-климатическим условиям возделывания, от чего зависят эффективность отрасли и себестоимость продукции. Цель работы – изучить влияние климатических условий на продуктивность и качественные показатели сортов и гибридов картофеля, а также использование ими благоприятных почвенно-климатических условий высокогорья Республики Дагестан, для размножения и внедрения в производство новых перспективных, высокоурожайных, приспособленных к условиям среды выращивания сортов картофеля с комплексом хозяйственно-ценных признаков. Объектом изучения послужили сорта картофеля раннего, среднераннего и среднего сроков созревания российской, белорусской и иностранной селекции. Полевые опыты закладывали в 2014–2017 годах на высоте 2000–2200 м, на землях горного опорного пункта «Курахский» Курахского района и на равнинной провинции (Прикаспийской низменности) на территории дачного массива «Наука» Махачкалинского района Республики Дагестан. Схема посадки – 70×30 см, повторность – четырехкратная. Технология выращивания картофеля – гребневая. При проведении полевых опытов использовали общепринятые методики. Практически все сорта картофеля, выращенные на равнинной провинции, сформировали высокий урожай в первый год и при дальнейшем размножении в результате развития вирусных болезней резко снизили свои продуктивные качества. Наиболее высокая урожайность в среднем за три года отмечена у сортов Жуковский ранний (20,8 т/га), Импала (20,5 т/га), Невский (17,8 т/га), Предгорный (16,9 т/га) и Удача (16,3 т/га). В свою очередь, горная провинция Дагестана характеризовалась благоприятными почвенно-климатическими условиями для возделывания как продовольственного картофеля, так и для организации первичного семеноводства на безвирусной основе и размножения перспективных сортов этой культуры. В среднем за годы исследований в горной провинции по урожайности выделились сорта Сильвана (37,4 т/га), Удача (37,6 т/га), Рокко (33,3 т/га), Импала (31,7 т/га), Жуковский ранний (29,0 т/га), Предгорный (27,7 т/га) и Примобелла (27,7 т/га), а также гибриды № 12.40/17 (43,1 т/га) и № 13.61/61 (38,8 т/га). The introduction of promising high-yielding varieties and hybrids adapted to the local natural and climatic conditions of cultivation is of great importance in increasing the productivity of potatoes, which determines the efficiency of the industry and the cost of production. The aim of the work is to study the influence of climatic conditions on the productivity and quality indicators of potato varieties and hybrids, as well as their use of favorable soil and climatic conditions in the highlands of the Republic of Dagestan, for breeding and introducing into production new promising, high-yielding, adapted to the growing environment of potato varieties with a complex of economically valuable characteristics. The object of the study was potato varieties of early, mid-early and medium maturation periods of Russian, Belarusian and foreign selection. Field experiments were conducted in 2014–2017 at an altitude of 2000–2200 m, on the lands of the mountain stronghold Kurakhsky of the Kukhar district and on the plain province (the Caspian lowland) on the territory of the suburban area Nauka of the Makhachkala district of the Republic of Dagestan. The landing scheme is 70×30 cm, the repeatability is four times. The technology of growing potatoes is combed. When conducting field experiments, generally accepted methods were used. Almost all potato varieties grown in the lowland province formed a high yield in the first year and, with further propagation, as a result of the development of viral diseases, sharply reduced their productive qualities. The highest yield on average for three years was observed in the varieties Zhukovskiy ranniy (20.8 t/ha), Impala (20.5 t/ha), Nevsky (17.8 t/ha), Predgornyy (16.9 t/ha) and Udacha (16.3 t/ha). In turn, the mountain province of Dagestan was characterized by favorable soil and climatic conditions for the cultivation of both food potatoes, and for the organization of primary seed production on a virus-free basis and the reproduction of promising varieties of this crop. On average, over the years of research in the mountain province, the varieties Silvana (37.4 t/ha), Udacha (37.6 t/ha), Rocco (33.3 t/ha), Impala (31.7 t/ha), Zhukovskiy ranniy (29.0 t/ha), Predgornyy (27.7 t/ha) and Primobella (27.7 t/ha), as well as hybrids No.12.40/17 (43.1 t/ha) and No.13.61/61 (38.8 t/ha) were distinguished by yield.

Potential of existing online 24-hour dietary recall tools for national dietary surveys

2021 ◽  
pp. 1-62
Author(s):  
Rozenn Gazan ◽  
Florent Vieux ◽  
Ségolène Mora ◽  
Sabrina Havard ◽  
Carine Dubuisson
Keyword(s):  
Grey Literature ◽  
Quality Data ◽  
High Quality Data ◽  
Require Time ◽  
Dietary Recall ◽  
Dietary Surveys ◽  
Almost All ◽  
The Cost ◽  
Web Platform ◽  
Country Specific

Abstract Objective: To describe existing online 24-hour dietary recall (24hDR) tools in terms of functionalities and ability to tackle challenges encountered during national dietary surveys, such as maximizing response rates and collecting high-quality data from a representative sample of the population, while minimizing the cost and response burden. Design: A search (from 2000 to 2019) was conducted in peer-reviewed and grey literature. For each tool, information on functionalities, validation and user usability studies, and potential adaptability for integration into a new context was collected. Setting: Not country-specific Participants: General population Results: Eighteen online 24hDR tools were identified. Most were developed in Europe, for children ≥10 years old and/or for adults. Eight followed the five multiple-pass steps, but used various methodologies and features. Almost all tools (except three) validated their nutrient intake estimates, but with high heterogeneity in methodologies. User usability was not always assessed, and rarely by applying real-time methods. For researchers, eight tools developed a web platform to manage the survey and five appeared to be easily adaptable to a new context. Conclusions: Among the eighteen online 24hDR tools identified, the best candidates to be used in national dietary surveys should be those that were validated for their intake estimates, had confirmed user and researcher usability, and seemed sufficiently flexible to be adapted to new contexts. Regardless of the tool, adaptation to another context will still require time and funding, and this is probably the most challenging step.

Does IFRS adoption decrease the cost of equity of the global tourism firms?

2017 ◽  
Vol 23 (8) ◽  
pp. 1615-1631
Author(s):  
Zhi-Yuan Feng ◽  
Ying-Chieh Wang ◽  
Hua-Wei Huang
Keyword(s):  
Financial Reporting ◽  
Equity Capital ◽  
Tourism Industry ◽  
Cost Of Equity Capital ◽  
Cost Of Equity ◽  
Financial Reporting Standards ◽  
Ifrs Adoption ◽  
Legal Enforcement ◽  
Global Tourism ◽  
The Cost

This article answers the question of whether the adoption of International Financial Reporting Standards (IFRS) reduces the cost of equity capital, with a focus on the tourism industry. We employ a set of global tourism companies and find that mandatory IFRS adoption has a significantly negative relation with the cost of equity capital. However, we find that this relation is varied with different business cultures and geographic areas. Moreover, from interactive analyses of country institutions for the relation between mandatory IFRS adoption and tourism firm’s cost of equity, we show that adopting IFRS complements the deficiencies of various country institutions, such as investor protection, the strength of legal enforcement, and corporate governance.

scholarly journals Xbrl technologies for financial reporting in information systems

2018 ◽  
Vol 13 ◽  
pp. 3281-3287
Author(s):  
Ahmed Zamzam ◽  
Alaa A. Qaffas
Keyword(s):  
Financial Reporting ◽  
Data Exchange ◽  
Software Industry ◽  
Exchange Process ◽  
Free Text ◽  
Financial Systems ◽  
Pilot Projects ◽  
Reporting Requirements ◽  
The World ◽  
The Cost

Without a common format, the financial community has been constantly penalized by the data exchange process. Currently, when financial data are dematerialized, they are exchanged in a multitude of formats: Excel files, free text, PDF, etc. Often not much more suitable for processing than photocopying and limited to certain platforms, these formats prove unsuitable for the exchange of information between programs, for analysis, comparison and presentation of reports to users. So far, despite a strong tendency to use XML syntax, attempts at convergence have struggled to generalize and apply to many sectors and contexts.In recent years, reporting requirements have led to a significant increase in the cost of using financial systems. The use of XBRL technology, using XML syntax, supported by many players in the world of finance, the software industry and adapted to reporting, can constitute the solution. Many governments, regulators, financial institutions are already using XBRL or have pilot projects in place.This document specifically targets XBRL. This technology, which is now recognized by the entire software industry, provides tremendous benefits for data exchange, storage, research and processing.

scholarly journals METHODOLOGY FOR FORMING AND IMPLEMENTING A TOUR AND DETERMINING ITS ECONOMIC EFFICIENCY

2021 ◽  
Author(s):  
Tetiana Krasnoded ◽  
Tetiana Bakina ◽  
Olena Zakharchenko
Keyword(s):  
Economic Efficiency ◽  
Tourist Destination ◽  
Main Component ◽  
Almost All ◽  
The Cost ◽  
Operator Activity ◽  
Tour Operator

The relevance of the study of issues in the context of tour operator activity is determined. Important issues of formation and promotion of the tour as the main component of tourist products are considered. A tour project is presented and an algorithm for creating a tourist product for several days for a specific tourist destination is demonstrated. The mechanism for determining the cost of a tour is revealed, which includes the cost of accommodation, meals, travel, excursion services and entertainment, support, insurance and other additional services provided to consumer tourists within the framework of a tourist project. At the same time, a mechanism for calculating individual elements of the tour price is presented. The method of calculating the company's profit and economic efficiency from the sale of the tour is revealed. General marketing directions in tourism are also proposed, which can be used to determine the preferences of tourists, present and promote almost all tourist products.

Country-level determinants and consequences of overconfidence in the ambitious entrepreneurship segment

2018 ◽  
Vol 36 (5) ◽  
pp. 473-499 ◽  
Author(s):  
Jerzy Cieślik ◽  
Eugene Kaciak ◽  
André van Stel
Keyword(s):  
Empirical Support ◽  
Development Stage ◽  
Policy Implications ◽  
Global Entrepreneurship Monitor ◽  
Country Level ◽  
Combining Data ◽  
Global Entrepreneurship ◽  
Almost All ◽  
The Cost ◽  
The Eu

Countries vary widely and systematically in the extent to which the ambitions of their entrepreneurs differ from their realisations. We label this discrepancy entrepreneurial overconfidence (EOC). Although a certain level of EOC may be beneficial for an economy, we provide empirical support for the argument that if entrepreneurial ambitions substantially and systematically exceed realisations, this may be at the cost of economic and societal prosperity. Therefore, we need to know more about country levels of EOC and their determinants, particularly with respect to the growth-oriented segment of entrepreneurship. Combining data on entrepreneurial ambitions from Global Entrepreneurship Monitor and data on realisations from Eurostat, we construct a measure of EOC at the country level and correlate its variation across 23 European Union (EU) countries over the period 2004–2015 with a set of economic and cultural factors. Among other findings, our results show that ambitions exceed realisations in almost all countries, but that this discrepancy is significantly greater for new member countries entering the EU since 2004. Policy implications of our results are discussed, particularly for promoting ambitious entrepreneurship in countries at the intermediate development stage.

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