scholarly journals Application of I-BOS System as Financial Reporting of BOS at SDN Sukanagara

CCIT Journal ◽  
2021 ◽  
Vol 14 (2) ◽  
pp. 111-121
Author(s):  
Erick Febriyanto ◽  
Qurotul Aini ◽  
Aa Mustopa
Keyword(s):  
Financial Reporting ◽  
Basic Education ◽  
Financial Statements ◽  
High Accuracy ◽  
Learning Program ◽  
Government Program ◽  
Primary And Secondary Education ◽  
Administrative Personnel ◽  
The World ◽  
Very High

The School operational Assistance (BOS) is a government program for the provision of cost financing for basic education units as compulsory learning program executor. The particular purpose is to relieve the levy to relieve the burden of students. All schools are already listed in primary and secondary education principal data system. School is the most important element in determining the use of BOS funds because it is directly related to management. Based on the provisions applicable in the the Office of the BOS year 2012 BOS fund managed by the principal with the teacher or administrative personnel appointed as Treasurer. The current financial information on the world of education in which the data input collection is very complicated in the system of the process is very effective and efficient, in order to see data on the purchase or expense after that the Treasurer must Check back the statement of purchase and expense papers on the bank and all the reports of the paper have been made by the current Treasurer can be easily accessed by the leadership, one of which is presenting information using tables and in The workmanship system requires very high accuracy to ensure that any nominal information of money included in the table has to be ensured the truth is very less efficient. In order to facilitate the Treasurer in the recording of financial statements and leaders who perform a reduction in the information presented at SDN Sukanagara.

scholarly journals A EDH NA EDUCAÇÃO BÁSICA SEGUNDO O PMEDH E O PNEDH: DIREITO UNIVERSAL E PRÁTICA QUE RESGUARDA A DIVERSIDADE

2019 ◽  
Vol 24 (2) ◽  
pp. 315-337
Author(s):  
Cristiani Pereira de Morais Gonzalez ◽  
Maria Creusa De Araújo Borges
Keyword(s):  
Human Rights ◽  
Local Community ◽  
Basic Education ◽  
Educational Practice ◽  
Human Rights Education ◽  
Descriptive Research ◽  
Primary And Secondary Education ◽  
National Human ◽  
The World ◽  
The Right

A partir de uma pesquisa teórico-normativa e descritiva, busca-se descrever a Educação em Direitos Humanos (EDH) na educação básica, que está traçada na 1ª fase do Programa Mundial para Educação em Direitos Humanos (PMEDH) e no Plano Nacional de Educação em Direitos Humanos (PNEDH). Consoante o primeiro, a EDH na educação básica é direito de todas as crianças, e prática educativa que deve ser desenvolvida nos sistemas de ensino primário e secundário; e, segundo o último, ainda, na comunidade escolar em interação com a comunidade local. Constata-se que a concepção de EDH contida nesses documentos é permeada pelo elemento da universalidade, havendo resguardo da diversidade quanto à prática.  Based on a normative and descriptive research, the goal is to describe Human Rights Education (HRE) in basic education that is outlined in the first phase of the World Program for Human Rights Education (WPHRE) and in the National Human Rights Education Plan (NHREP). According to first, HRE in basic education is the right of all children and the educational practice that must be developed in primary and secondary education systems; and, according to latter, still in the interation between the school community and the local community. It is verified that the concept of HRE contained in these documents is permeated by universality, protecting the diversity in the practice.

scholarly journals An analytical study on impact of international financial reporting standards on financial statements and ratios of Indian companies

YMER Digital ◽  
2022 ◽  
Vol 21 (01) ◽  
pp. 261-266
Author(s):  
Dr. Nabha Kamble ◽  
Keyword(s):  
Financial Reporting ◽  
Emerging Economies ◽  
Analytical Study ◽  
Financial Statements ◽  
Investment Climate ◽  
Accounting Standard ◽  
Generally Accepted Accounting Principles ◽  
Financial Reporting Standards ◽  
The World ◽  
International Accounting Standard

India is one of the emerging economies in the world. For economic development, foreign direct investment (FDI) is needed, to facilitate the investment climate. There is a need to integrate its financial reporting with rest of the economies of the globe so that investors from outside will appreciate the financial results and financial positions of the companies. This will provide uniformity and comparability of financial statements with the financial statements prepared in other countries. At present, Indian companies are preparing their financial statements as per Generally Accepted Accounting Principles in India (Indian GAAP). These Principles are based on IFRS issued by International Accounting Standard Board (IASB). However, these principles were modified substantially as per Indian laws and practices.

scholarly journals Measuring The Quality of Financial Statements After the Conversion To IFRS, Case of Poland

2021 ◽  
pp. 1-26
Author(s):  
Agnieszka PIECHOCKA-KALUZNA
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
The World

Financial reporting around the world tends toward harmonization. The output of this process is increasing the number of countries that decided to transfer their accounting framework into IFRS. This paper encompasses the study on how the conversion to IFRS has affected the quality of financial statements in Poland.

scholarly journals The Effect Of Auditor Designation On Audit Opinion: Evidence From Korea

2015 ◽  
Vol 31 (5) ◽  
pp. 1899
Author(s):  
Haeyoung Ryu
Keyword(s):  
Financial Reporting ◽  
Accounting Information ◽  
Financial Statements ◽  
Audit Opinion ◽  
The World ◽  
Audit Opinions ◽  
Independent Auditing ◽  
Engagement System

Korea introduced the auditor designation system as an exception to the free audit engagement system in 1991. The auditor designation system is a system in which Securities & Futures Commission designates an auditor for companies that are highly likely to manipulate their accounting information so as to conduct fair auditing. The meaning of this study is in that it focused on the auditor designation system, which is only enforced in Korea around the world, to investigate whether auditors of companies designated with an auditor express conservative opinions in comparison to companies without designation. This study also examined whether designated auditors give more conservative opinions to companies showing low quality of financial reporting. As a result of verification, companies designated with an auditor were found to have greater possibility of receiving adverse audit opinions compared to companies without designation, and lower quality of financial statements resulted in adverse audit opinions. Such results indicate that designated auditors perform stricter and more independent auditing. The results of this study can provide useful implications to other nations attempting to introduce the auditor designation system.

scholarly journals ANALISIS PENGARUH FRAUD PENTAGON THEORY TERHADAP FRAUDULENT FINANCIAL REPORTING PADA PERUSAHAAN PERBANKAN YANG TERDAFTAR DI BURSA EFEK INDONESIA PERIODE 2014 – 2019

2021 ◽  
Vol 17 (1) ◽  
pp. 22-47
Author(s):  
Whisnu Widyatama ◽  
Loh Wenny Setiawati
Keyword(s):  
Board Of Directors ◽  
Financial Reporting ◽  
Stock Exchange ◽  
Financial Statements ◽  
Independent Directors ◽  
Fraudulent Financial Reporting ◽  
Ceo Duality ◽  
Economic Decisions ◽  
The World ◽  
Fraudulent Financial Statements

Fraudulent financial statements or fraudulent financial reporting are actions that cause a person or group of people to obtain certain benefits at the expense of other parties. Fraudulent financial statements themselves are the biggest cause of loss in the world.  Therefore, financial statements that are not presented reliably and are not honestly disclosed can mislead users in making economic decisions. This study aims to analyze the effect of pentagon theory fraud proxied by five variables, that are CEO duality, change of board of directors, number of independent commissioners, level of leverage, and change of auditors to fraudulent financial reporting proxied by Beneish M-Score in banking companies listed on the Indonesia Stock Exchange (IDX) for the 2014-2019 period. This study uses 205 observational data using logistic regression analysis. The results of this research indicate that CEO duality and the change of board of directors have a significant effect on fraudulent financial reporting, while the number of independent directors, the level of leverage, and the change of auditors do not affect fraudulent financial reporting.

Dialogue with standard setters. Potential impacts of the COVID-19 on IFRS financial statements

2020 ◽  
pp. 149-159
Author(s):  
Raffaele Fiume ◽  
Tiziano Onesti ◽  
Stefano Bianchi
Keyword(s):  
United States ◽  
Financial Reporting ◽  
Global Financial Crisis ◽  
Financial Statements ◽  
The United States ◽  
Mortgage Market ◽  
International Level ◽  
Subprime Mortgage ◽  
Industrial Environment ◽  
The World

The COVID-19 outbreak has impacted significantly on the movements of goods and people through the world causing interruptions at many levels in the financial and industrial environment with a significant impact on financial reporting. The purpose of the following review is to analyse some of the main accounting implications of the outbreak in the IFRS financial statements and the first responses at international level by the standard-setters. In the first part, the analysis will be focused first on the main implications for periods ended on 31 December 2019 and then on the effects for the 2020 reporting periods onward. As per 2008 global financial crisis (GFC), that began in 2007 with a depreciation in the subprime mortgage market in the United States, the main international standard-setters (IASB and FASB) has proposed amendments of the standards to react to some implications of the COVID-19 pandemic. In the second part of this review will be summarised the main responses, including the documents and proposed amendments issued by the IASB regard-ing IFRS 16 Leases accounting for lease concessions related to the effects of the COVID-19 pandemic.

scholarly journals The impact of the Covid–19 pandemic on the formation statement of financial position

2021 ◽  
pp. 191-200
Author(s):  
F. K. Yerdavletova ◽  
Danyi Ge ◽  
S. A. Akhanov
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
World Health ◽  
Modern World ◽  
Financial Reporting Standards ◽  
Financial Position ◽  
The World ◽  
Coronavirus Infection ◽  
Health Organization ◽  
The Impact

Last December it became known about the outbreak of a new virus – COVID–19. The spread of coronavirus infection and the announcement in this regard by the World Health Organization (WHO) of the beginning of the coronavirus pandemic, led to a failure of the system of economic activity in general in all countries of the world. This article is devoted to the preparation of financial statements in the context of a global problem- coronavirus pandemic. A significant problem has brought to mind the standards that professional accountants rarely refer to. The mentioned problem is still poorly understood, since the modern world has never encountered a situation of this kind. Based on the analysis of the current version of international financial reporting standards, the article presents a methodology for reflecting the consequences of the coronovirus pandemic in the statement of financial position. It was found that the outbreak of the virus had a significant impact on the preparation and presentation of the report on the financial position of the companies. The direct and indirect impact on the functioning of companies was not the virus itself, but the methods of fighting against it. A pandemic situation, in accordance with the provisions of IFSR 10, is not a corrective event, but a significant one. This means that companies, at a minimum, should reflect this in the notes when submitting the report. The final impact of the COVID–19 pandemic on the overall statement of financial position varies depending on the specific business risks and circumstances prevailing in the company.

DEVELOPMENT OF XBRL FORMAT AS A FURTHER DIRECTION OF DIGITALIZATION OF FINANCIAL STATEMENTS

2017 ◽  
Author(s):  
Maria Shygun ◽  
◽  
Kostiantyn Bezverkhyi ◽  
Keyword(s):  
Financial Reporting ◽  
Information Needs ◽  
Information Technologies ◽  
Financial Statements ◽  
Integrated Reporting ◽  
Reporting Standard ◽  
Electronic Reporting ◽  
Reporting Practice ◽  
The World ◽  
Analysis And Synthesis

Introduction. In the conditions of constant technical discoveries, an increase in the introduction of the latest technologies into practical activities, the question arises of introducing them into the domestic reporting practice. Without proper organization of the preparation of financial statements of an enterprise, it is impossible to introduce information technologies, in particular, to establish a process for submitting such reports. The introduction of the IFRS taxonomy for financial reporting gave impetus to the development of such an electronic reporting standard as XBRL. Therefore, an urgent issue will be to consider the XBRL format as a further direction in the development of digitalization of financial reporting. Purpose. The aim of the study is to analyze the implementation of the XBRL format and alternative formats for the purposes of presenting financial statements in various countries of the world, to identify the relevant stakeholders using this format, and to determine the further direction of the digitalization of the reporting process. Methods. During the research, the following methods were used: analysis and synthesis (analysis of the dynamics of the use of the XBRL format in the countries of the world); groupings (allocation of the number of institutions in the context of the countries of the world that use XBRL in the formation of financial statements); observations (highlighting foreign institutions that use the XBRL format in the formation of financial statements); logical generalization of results (formulation of conclusions). Results. In the course of the study, the stakeholders who use the XBRL electronic reporting format were identified, namely: 1) regulators; 2) companies; 3) government; 4) data providers; 5) analysts and investors; 6) accountants, which made it possible to characterize their information needs. Alternative formats of digital reporting (PDF, HTML, XML, JSON, RDBMS), which will provide management personnel with the necessary information regarding the appropriateness of their use in domestic and international reporting practice, are characterized. The article analyzes the number of institutions in the context of the countries of the world that use XBRL and the dynamics of its use for 2001 - 2020. in the world. Discussion. Further research is proposed to focus on developing a unified taxonomy for integrated reporting. This will allow the introduction of a format such as XBRL in the presentation of integrated reporting to all interested stakeholders.

scholarly journals PENERAPAN PSAK NOMOR 45 TENTANG PELAPORAN KEUANGAN ORGANISASI NIRLABA PADA SMK NEGERI 1 MANADO

2019 ◽  
Vol 14 (3) ◽  
Author(s):  
Mario Rantung ◽  
Harijanto Sabijono ◽  
Victorina Z. Tirayoh
Keyword(s):  
Quantitative Analysis ◽  
Qualitative Analysis ◽  
Nonprofit Organizations ◽  
Financial Reporting ◽  
Research Method ◽  
Financial Statements ◽  
Financial Reports ◽  
School Activities ◽  
The World ◽  
Education Today

Along with the development of the world of education today, the Indonesian government is very serious in responding to the development of education to produce quality schools, this is also with considerable school activities. Things that must be accounted for and delivered through financial statements.This study aims to describe the presentation of financial reports on Nonprofit Organizations and to find out how to implement the application of PSAK number 45 concerning the Presentation of Financial Statements of SMK Negeri 1 Manado. The data research method used is qualitative analysis with qualitative analysis and quantitative analysis. Qualitative analysis to find out the comparative object of research is financial reporting at SMK Negeri 1 Manado with PSAK No. 45 and also with the preparation of budget and budget. Economic analysis to find out the values that arise from the financial statements of SMK Negeri 1 Manado The results of the analysis show that the preparation of financial statements at SMK Negeri 1 Manado has not been used to make financial statements, financial statements, and financial statements that are in accordance with the financial format contained in PSAK No. 45.

scholarly journals PERKEMBANGAN AKUNTANSI SINGAPURA SERTA ANALISIS FINANCIAL SHENANIGANS PADA BLUMONT GROUP LTD

2021 ◽  
Vol 6 (1) ◽  
pp. 84-95
Author(s):  
Natalis Christian ◽  
Friendty Friendty ◽  
Alfredo Crisitiano ◽  
Angellyn Lim ◽  
Uci Sufikat Maskat
Keyword(s):  
Financial Performance ◽  
Financial Reporting ◽  
Research Method ◽  
Financial Statements ◽  
Share Price ◽  
Business Service ◽  
Financial Reporting Standards ◽  
Price Manipulation ◽  
A Company ◽  
Very High

The development of accounting is related to manipulating financial performance. Accounting includes organizations, certification profession, and financial reporting standards in that country. Financial shenanigans is an action planned to manipulate the financial performance of a company which consists of seven categories. This article describes a comparison between the development of accounting for Indonesia and Singapore, and an analysis of seven financial shenanigans in manipulating financial performance Blumont Group Ltd, a business service company located in Singapore, where was involved in a case of very high new share price manipulation with two listed Singapore companies, Asiasons Capital Ltd and LionGold Corp Ltd in 2013. The research method explains based on facts in Singapore and the financial statements 2016-2020 of Blumont Group Ltd. The results explain that there isn’t evidence that the Blumont Group Ltd company does shenanigans one, two, four, five, six and seven, but was found to practice shenanigans three. Keyword: The development of accounting, Financial Shenanigan, Singapore, Indonesia, Manipulation.

Sign in / Sign up

Export Citation Format

Share Document