scholarly journals Analysis of Business Combination Implementation at PT China Construction Bank Indonesia

2018 ◽  
Vol 4 (2) ◽  
pp. 184
Author(s):  
Andita Wulandari K ◽  
Zanuar Arifin ◽  
Amrie Firmansyah
Keyword(s):  
Financial Accounting ◽  
Business Combinations ◽  
Business World ◽  
Financial Conditions ◽  
China Construction Bank ◽  
Technological Advances ◽  
Financial Failure ◽  
Qualitative Descriptive ◽  
Business Combination ◽  
Market Consolidation

<p>This study aims to review the implementation of mergers conducted by the company. In Indonesia, merger activities are regulated in Indonesia Statement of Financial Accounting Standards Number 22 (hereinafter referred to as PSAK 22) concerning Business Combinations. Increased merger activities in the business world are driven by changes in economic conditions. The rise of merger and acquisition activities was caused by various things, such as technological advances, increasing financial conditions, excess capacity/financial failure, international market consolidation and deregulation.</p><p>The research method used in this research is qualitative descriptive with case studies of business combination events that occurred between PT Bank Windu Kentjana Internasional, Tbk as the party which received the merger and PT Bank Antardaerah as the company which joined. Regarding ownership, the name of PT Bank Windu Kentjana Internasional, Tbk changed to PT China Construction Bank Indonesia, Tbk (PT CCB Indonesia, Tbk).</p>The results of this study indicate that in general, the consolidated report of PT CCB Indonesia, Tbk for the period ended December 31, 2016, in general, has been prepared by PSAK 22, 2015.

scholarly journals New Accounting Guidance For Business Combinations

2011 ◽  
Vol 1 (1) ◽  
Author(s):  
Allen W. McConnell ◽  
Bill D. Cox ◽  
John E. Elsea
Keyword(s):  
Accounting Standards ◽  
Financial Accounting ◽  
Financial Accounting Standards Board ◽  
Business Combinations ◽  
Accounting Principles ◽  
Business Combination

The Financial Accounting Standards Board (FASB) issued Statement of Financial Accounting Standards (SFAS) No. 141 Business Combinations in June 2001.  SFAS 141 supersedes Accounting Principles Board (APB) Opinion No. 16 Business Combinations and SFAS No. 38 Accounting for Preacquisition Contingencies of Purchased Enterprises.  APB Opinion 16 created two acceptable methods of accounting for a business combination, the purchase and the pooling of interests methods.  These two different methods often resulted in very different financial results for economically similar transactions.

A HISTORY OF POOLING OF INTERESTS ACCOUNTING FOR BUSINESS COMBINATIONS IN THE UNITED STATES

1991 ◽  
Vol 18 (2) ◽  
pp. 155-192 ◽  
Author(s):  
Frank R. Rayburn ◽  
Ollie S. Powers
Keyword(s):  
Accounting Standards ◽  
The United States ◽  
Securities And Exchange Commission ◽  
Financial Accounting ◽  
Financial Accounting Standards Board ◽  
Business Combinations ◽  
Accounting Principles ◽  
History Of ◽  
Business Combination ◽  
The Subject

This paper traces the development of pooling of interests accounting for business combinations from 1945 to 1991. The history of the pooling concept is reviewed chronologically with particular emphasis on the events of 1969–1970 that were related to the most recent pronouncement on the subject, Accounting Principles Board (APB) Opinion No. 16. Early in its life (1974), the Financial Accounting Standards Board (FASB) placed a project on its agenda to reconsider pooling of interests accounting. That project was removed from the FASB's agenda in 1981. APB Opinion No. 16 has gone essentially unchanged as it relates to the accounting for a business combination as a pooling of interests. Resolution of implementation issues has been left largely to the Securities and Exchange Commission and the accounting profession. The FASB has a project on its agenda on Consolidations and Related Matters that may impact pooling of interests accounting. There also is some pressure for the FASB to revisit accounting for business combinations.

scholarly journals Comparison of accounting methods for business combinations

2012 ◽  
Vol 60 (2) ◽  
pp. 315-324 ◽  
Author(s):  
Jaroslav Sedláček ◽  
Zuzana Křížová ◽  
Eva Hýblová
Keyword(s):  
Comparative Analysis ◽  
Accounting Standards ◽  
International Committee ◽  
Financial Accounting ◽  
Business Combinations ◽  
Financial Position ◽  
Analysis And Synthesis ◽  
Business Combination ◽  
Accounting Rules ◽  
The Impact

The revised accounting rules applicable to business combinations in force on July1st 2009, are the result of several years efforts the convergence of U.S. and International Committee of the Financial Accounting Standards. Following the harmonization of global accounting procedures are revised and implemented also Czech accounting regulations. In our research we wanted to see how changes can affect the strategy and timing of business combinations. Comparative analysis is mainly focused on the differences between U.S. and international accounting policies and Czech accounting regulations. Key areas of analysis and synthesis are the identification of business combination, accounting methods for business combinations and goodwill recognition. The result is to assess the impact of the identified differences in the reported financial position and profit or loss of company.

scholarly journals Revised Accounting For Business Combinations

2008 ◽  
Vol 1 (2) ◽  
pp. 13-20
Author(s):  
Arlette C. Wilson ◽  
Kimberly Key
Keyword(s):  
Accounting Standards ◽  
Financial Accounting ◽  
Financial Accounting Standards Board ◽  
Business Combinations ◽  
Business Combination ◽  
Representational Faithfulness ◽  
Acquisition Method

The Financial Accounting Standards Board (FASB) has recently issued Statement of Financial Accounting Standards No. 141 (Revised 2007) Business Combinations. The object of this Statement is to improve the relevance, representational faithfulness, and comparability of reported information about a business combination and its effects. This Statement replaces FASB Statement No. 141, but retains the fundamental requirements that the acquisition method of accounting (previously called the purchase method) be used for all business combinations. Some of the changes related to the accounting for business combinations as a result of the new requirements are discussed and illustrated below.

Purchase, Pooling, and Equity Analysts' Valuation Judgments

2000 ◽  
Vol 75 (3) ◽  
pp. 257-281 ◽  
Author(s):  
Patrick E. Hopkins ◽  
Richard W. Houston ◽  
Michael F. Peters
Keyword(s):  
Stock Price ◽  
Joint Effect ◽  
Financial Accounting ◽  
Business Press ◽  
The Past ◽  
Income Statement ◽  
Business Combination ◽  
Separate Line ◽  
Acquisition Premium ◽  
A Company

We provide evidence that analysts' stock-price judgments depend on (1) the method of accounting for a business combination and (2) the number of years that have elapsed since the business combination. Consistent with business-press reports of managers' concerns, analysts' stock-price judgments are lowest when a company applies the purchase method of accounting and ratably amortizes the acquisition premium. The number of years since the business combination affects analysts' price estimates only when the company applies the purchase method and ratably amortizes goodwill—analysts' price estimates are lower when the business-combination transaction is further in the past. However, this joint effect of accounting method and timing is mitigated by the Financial Accounting Standards Board's proposed income-statement format requiring companies to report separate line items for after-tax income before goodwill charges and net-of-tax goodwill charges. When a company uses the purchase method of accounting and writes off the acquisition premium as in-process research and development, analysts' stockprice judgments are not statistically different from their judgments when a company applies pooling-of-interest accounting.

scholarly journals ANALISIS INDEKS KONDISI KEUANGAN PEMERINTAH DAERAH PROVINSI ACEH TAHUN 2015-2017

2020 ◽  
Vol 5 (2) ◽  
pp. 297-306
Author(s):  
Irna Mardi Yati ◽  
Jhon Andra Asmara
Keyword(s):  
Secondary Data ◽  
Short Term ◽  
Financial Flexibility ◽  
Financial Independence ◽  
Financial Condition ◽  
Financial Conditions ◽  
Qualitative Descriptive ◽  
Index Value ◽  
Banda Aceh

The study aims to analyze the region's financial state in aceh within 2015-2017. The financial condition is measured by using indexing measures developed by ritonga (2014), which are made up of six dimensions of short term solvability, long-term solvability, budget solvability, financial flexibility, financial independence, service solvability. In 2015, analysis was developed by augmenting the operational solvability dimension. This study is using qualitative descriptive methods and analysed a secondary data obtained through documentary techniques. The result of this study shows that within 3 years the financial district/city in aceh that got the best category of index value is Sabang (0.488), Banda Aceh (0.452), Aceh Tengah (0.444), Aceh Besar (0.389), and Gayo Lues (0.382). While the area government with the value of the financial conditions of the lowest financial level or ranked category is Aceh Tenggara (0,177), Aceh Singkil (0,148) Lhokseumawe (0,106).

scholarly journals Effects of business combinations on the competitive environment

2018 ◽  
Vol 5 (2) ◽  
pp. 51 ◽  
Author(s):  
Florentina Moisescu ◽  
Аnа-Mаriа Golomoz
Keyword(s):  
Development Strategy ◽  
Competitive Environment ◽  
Negative Effects ◽  
Business Combinations ◽  
The Development Strategy ◽  
Business Combination

<p>This paper deals with the results of the businesses combinations and the advantages felt in solving the problems of certain entities, the extension on other markets or obtaining increased quotas on the market. Also, businesses combinations can generate disadvantages regarding the access to credits or negative effects on the salary. A business combination is based on taking risks an has advantages as well as disadvantages, on both the short and the long term, while the decision of making it has in view the development strategy of the organisation. The aim of the paper is to analyze and balance the benefits and disadvantages of business combinations. It is questioned the need to use this method and its use only for the advantages obtained despite the existing disadvantages.</p>

PERLAKUAN AKUNTANSI AKTIVA TETAP PADA PT. ARINA KARYA SENTOSA NEUSU BANDA ACEH

2014 ◽  
Vol 1 (1) ◽  
Author(s):  
Aliamin
Keyword(s):  
Financial Accounting ◽  
Accounting Standard ◽  
Financial Report ◽  
Manual Method ◽  
Know How ◽  
Audit Review ◽  
Qualitative Descriptive ◽  
The Right ◽  
Banda Aceh

 The aim of this research was to know how the fix assets record in PT. Arina Karya Sentosa (subject of research), what is the assets recorded as of Indonesian Accounting Standard (Standar Akuntansi Keuangan/SAK).The method to use of this research was qualitative descriptive, the operating of this method are  to compare both the theoretical with  PT Arina Karya Sentosa recorded to fix assets, and recently the researcher make decisions and recommendation to improve the fix assets recording system.The result of this research were to find PT. Arina Karya Sentosa Banda Aceh classified fix assets to; buildings, project equipments, office equipments, vehicles. The depreciation method to measure the right value of all assets was manual method that they use to measure their assets, did not use method recommendation from Indonesian Accounting Standard.Even thought, PT. Arina Karya Sentosa was recording and prepare the  fix assets as of Indonesian Financial Accounting Standard in financial report, except the depreciation method but in audit review by independent auditor these was no problem. Key words:  fix assets recording, fix assets method, fix asset prepare in financial report.

Staying Ahead in Business Through Innovation

2019 ◽  
pp. 1404-1414
Author(s):  
N. Raghavendra Rao
Keyword(s):  
Innovation Management ◽  
Textile Mill ◽  
Business World ◽  
New Approach ◽  
Concrete Action ◽  
Business Enterprises ◽  
Market Consolidation ◽  
New Phenomena ◽  
Market Strategies ◽  
Vertical Market

Globalization has created new trends such as market consolidation, vertical market strategies, and mergers in the business world. These trends have forced many business enterprises to adapt themselves to these new phenomena. Now it has become a necessity for many business enterprises to look for a “new approach” that can help them to face new realities in business. The most talked about and discussed “new approach” in the business world is “innovation management.” Some enterprises have started declaring innovation as their objective, but they do not seem to follow it up with any concrete action or support of their objective, some of them being under the impression that somehow someone will find an idea that would help their enterprise to improve their revenues and reduce their costs. This approach clearly indicates the lack of clarity on innovation management. This chapter explains the various forms of innovation and discusses a case illustration in respect to an innovative approach followed by a textile mill in India.

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