scholarly journals Adopción de NIIF en la Industria Cuencana y selección de políticas contables

UDA AKADEM ◽  
2019 ◽  
pp. 88-133
Author(s):  
Juan Carlos Aguirre Maxi ◽  
Orlando Fabián Ayabaca-Mogrovejo ◽  
Luis Rodrigo Loja Encalada ◽  
Jacqueline Belén Sánchez Narváez
Keyword(s):  
Financial Analysis ◽  
Financial Statements ◽  
Industrial Sector ◽  
Financial Information ◽  
Advantages And Disadvantages ◽  
Descriptive Research ◽  
Industrial Companies ◽  
Deferred Tax Liabilities ◽  
Mixed Approach ◽  
Deferred Tax

Se describe la aplicación de NIIF completas en el sector industrial profundizando en el análisis de ajustes por adopción, así como profundizando en la selección de en políticas el análisis contables. de ajustes Se por utilizó adopción, un enfoque así como mixto (cualitativo y cuantitativo) dentro de una investigación de tipo descriptiva, aplicando entrevistas, encuestas y análisis financiero para la recolección de información. Se presenta información sobre los principales ajustes por adopción de NIIF Completas en el Sector Industrial, en sus diferentes ramas y empresas de mayor impacto; y, las políticas de mayor aplicación en la adopción de NIIF en el Sector Industrial. En el análisis se empleó información financiera de 37 empresas industriales que han presentado sus Estados Financieros bajo NIIF Completas desde el 2008 al 2015, conforme base de datos pública de la Superintendencia de Compañías, encontrándose ajustes relevantes en: terrenos, edificios, depreciación acumulada de propiedad, planta y equipo, maquinaria, pasivos por impuesto diferidos e instalaciones. El objetivo de este trabajo es establecer cuentas contables ajustadas durante la adopción de NIIF, empresas con mayor impacto, así como políticas contables relevantes en la presentación de estados financieros y en la medición de recursos. Los resultados de este análisis permitirán mejorar el conocimiento sobre la evolución de la información contable, sirviendo, también, como base de consulta sobre elementos importantes en la medición, control y presentación de información financiera en las ramas industriales.Palabras clave: Ajustes por adopción de NIIF en el sector industrial, NIIF, Políticas Contables de mayor aplicación, Ventajas y desventajas en la adopción de NIIF. AbstractThe application of full IFRS in the industrial sector described deepening the analysis of adjustments for adoption, as well as in the selection of accounting policies. Let us be a mixed approach (qualitative and quantitative) within a descriptive research, applying interviews, surveys and financial analysis for the collection of information. Information on main adjustments for adoption of Full IFRS in the Industrial Sector, in its different branches and companies with the greatest impact; and, policies of greater application in the adoption of IFRS in the Industrial Sector. The analysis used financial information from 37 industrial companies that have presented their Financial Statements under Full IFRS from 2008 to 2015, according to public database of the Superintendence of Companies, with relevant adjustments being found in Land, Buildings, Accumulated Depreciation of Property, Plant and Equipment, Machinery, Deferred tax liabilities and Facilities. The objective of this work is to establish adjusted accounting accounts during the adoption of IFRS, companies with the greatest impact, as well as relevant accounting policies in the presentation of financial statements and in the measurement of resources. The results of this analysis improve knowledge about the evolution of accounting information; also serving as basis for consultation on important elements in the measurement, control and presentation of financial information in the industrial branches.Keywords: Adjustments for adoption of IFRS in the industrial sector, IFRS, Accounting Policies of greater application, Advantages and Disadvantages in the adoption of IFRS.

scholarly journals ANALISIS INFORMASI KEUANGAN KOPERASI SYARIAH NURI (KSN) JAWA TIMUR SEBAGAI ALAT PENGAMBILAN KEPUTUSAN INVESTASI

2019 ◽  
Vol 3 (1) ◽  
pp. 82-100
Author(s):  
Devi Lestari Pramita Putri ◽  
Wahyu Maulana
Keyword(s):  
Decision Making ◽  
Quantitative Research ◽  
Financial Analysis ◽  
Investment Decision ◽  
Sampling Technique ◽  
Financial Statements ◽  
Financial Information ◽  
Economic Conditions ◽  
Investment Decision Making ◽  
Decision Making Tool

Nowadays, economic conditions in Indonesia are unstable, with the result that it is needed to look for the information from certain or credible sources. Especially in financial information because of that, it is very influential to those who play an important role in policymakers. Besides, the precise financial information is also needed by the investors and creditors who are used as a basis for consideration to make profitable investments or vice versa. The objective of this study is to find out the financial information as an investment decision-making tool and to find out the level of health of cooperatives in the financial sector as financial information to investors and creditors. Then, the object of this study is Koperasi Syariah Nuri in East Java. This study employed descriptive quantitative research. The sampling technique is purposive sampling. The data sample used is in the form of financial statements from 2015 to 2017. Based on the data analysis, the results show us that: capital ratio in healthy criteria, cash ratio in liquid criteria, ROA insufficient criteria, ROE insufficient criteria, Fewer criteria generated by the service operational independence ratio. Keywords : Financial information, Financial analysis, and Investment decision

Statement of Cash Flows and financial analysis: The case of a multinational company in Mexico

2019 ◽  
pp. 10-19
Author(s):  
María Trinidad Alvarez-Medina
Keyword(s):  
Financial Analysis ◽  
Financial Statements ◽  
Relevant Information ◽  
Cash Flows ◽  
Position Statement ◽  
Financial Information ◽  
Multinational Company ◽  
Economic Entity ◽  
Investment And Financing ◽  
Statement Of Cash Flows

The statement of cash flows, based on the financial information standard (NIF) B-2, issued by the Mexican Council of Financial Information Standards (CINIF, whose objective is to present to users, the generation and application of cash for activities of operation, investment and financing The analysis of cash flows, the application of methods and techniques of analysis to the basic financial statements as a whole, provide relevant information about operational and financial strengths and weaknesses of an economic entity. In the case presented by a Mexican multinational company, the financial statements as of December 31, 2018, 2017 and 2016 are analyzed, using vertical and horizontal techniques, determining the generation and use of cash flows, financial ratios, percentages and trends. the statement of cash flows in conjunction with the statement of financial position, statement of comprehensive income and the statement of variations in stockholders' equity, they provide relevant information about the financial situation of an economic entity; and thus identify the reasons that explain the aspects of liquidity, leverage, profitability, activity and coverage, having more elements of judgment that allow it to support decision making.

scholarly journals Comparison of Financial Reporting in the Visegrad Four Countries in a Global Environment

2021 ◽  
Vol 92 ◽  
pp. 02039
Author(s):  
Enikő Lőrinczová
Keyword(s):  
Czech Republic ◽  
Financial Reporting ◽  
Financial Analysis ◽  
Slovak Republic ◽  
Balance Sheet ◽  
Financial Statements ◽  
Financial Information ◽  
The Czech Republic ◽  
National Accounting ◽  
Eu Directive

Research background: The Visegrad Four (V4) countries are the Czech Republic, Slovakia, Hungary and Poland. As members of EU they had to incorporate into their national legal accounting framework the European Directives related to annual accounts, valid at the time, where various choices were possible to adopt. Some principles of the international financial reporting standards IFRS also affected the national accounting frameworks more or less, depending on the country. These various influences may affect the external user´s ability to read the published financial statements and compare them. Purpose of the article: The aim of this paper is to compare the relevant national legal framework of accounting in selected areas and the content of financial statements required in the V4 countries and to point out the influence of the chosen presentation of some financial information on selected indicators of financial analysis. Methods: Methods of description, analysis, comparison and synthesis are used to achieve the set aims of the paper. The financial analysis is demonstrated on an illustrative example of reported financial information which is based on the different national accounting legislation. Findings & Value added: The comparison showed some similarities and differences. The main differences amongst the V4 countries are related to the reporting of leased assets and the variation of own production and work-in-progress. Czech Republic does not report the leased assets in the balance sheet of the user of the asset but in the owner´s while the Slovak republic, Hungary and Poland report the asset in the user´s balance sheet which is in accordance with the international accounting standards IFRS (in case of Poland it depends on the lease contract). The Czech Republic reports the changes in own production and capitalization of own work as part of expenses which is in line with IFRS. The Slovak Republic, Hungary and Poland report these items as part of revenues which is in line with the EU Directive but in contrast with IFRS. Also, the Slovak republic and Poland have definitions of the elements of financial statements in their accounting legislation while the Czech Republic and Hungary do not have these definitions. These differences influence the results of ROA, ROE and cost efficiency when comparing the same situation in these countries as it is evidenced on the illustrative example in the paper.

scholarly journals The Impact of Liquidity and Leverage on Profitability in Industrial Sector in Jordan

2021 ◽  
Vol 12 (1) ◽  
pp. 394
Author(s):  
Mousa Mohammad Abdullah Saleh ◽  
Muneer M. Jaradat ◽  
Lu'ay M. Wedyan ◽  
Haneen Mahmoud Ibrahim Saleh
Keyword(s):  
Stock Exchange ◽  
Financial Statements ◽  
Industrial Sector ◽  
Financial Leverage ◽  
Capital Costs ◽  
Industrial Companies ◽  
Equity Funding ◽  
Amman Stock Exchange ◽  
Statistical Conclusion ◽  
The Impact

Financial leverage is linked to the funding structure in terms of the proportion of debt in the capital structure; the higher the financial leverage is, the more the company depends on debt in its financing structure. On the other hand, the lower the debt is, the more the company relies on equity funding. The company thus decides the optimal funding combination that minimizes the company's capital costs and maximizes shareholder returns.The aim of this analysis was to quantify the effect of the analysis on the profitability of the Jordanian industrial sector listed on the Amman Stock Exchange during the period (2008-2017) and on a sample of (54) industrial companies to assess the impact of leverage and liquidity. In order to evaluate the data obtained from the actual financial statements of the industrial companies listed on the Amman Stock Exchange, a descriptive and systematic methodology was used. As a result, the statistical conclusion showed that the effect of liquidity and leverage on profitability was a significant result.

scholarly journals PENGARUH LIKUIDITAS TERHADAP KEBIJAKAN DIVIDEN

SIMAK ◽  
2020 ◽  
Vol 18 (02) ◽  
pp. 135-148
Author(s):  
Annisa Albi Attahiriah ◽  
Acep Suherman ◽  
Ade Sudarma
Keyword(s):  
Quantitative Methods ◽  
Dividend Policy ◽  
Stock Exchange ◽  
Sampling Technique ◽  
Financial Statements ◽  
Industrial Sector ◽  
Manufacturing Companies ◽  
Industrial Companies ◽  
Negative Effect ◽  
Industry Sectors

This study aims to determine the effect of liquidity on dividend policy in industrial sector manufacturing companies listed on the Indonesia Stock Exchange (BEI) for the 2016-2018 period. This research was conducted using quantitative methods using associative methods. The population in this study consisted of financial statements of industrial companies 2016-2018 as many as 45 companies and sampled as many as 11 companies with 33 financial statements. Sampling in this study is by purposive sampling technique. Data analysis techniques used are the classical assumption and regression tests. The results in this study indicate: The variable taken is dividend policy while the independent variable is liquidity. The results showed that partially the liquidity variable had a negative effect on dividend policy with a t value of -4.095 <2.042 with a significant value of 0.000 <0.05, it could be interpreted that liquidity had a negative effect on dividend policy on companies in various industry sectors listed on the Stock Exchange Indonesia for the period of 2016-2018.

Analisis Kinerja Keuangan Bank Aceh Setelah Konversi Periode 2016-2018 Berdasarkan Peraturan Otoritas Jasa Keuangan Nomor 8/POJK.03/2014

2019 ◽  
Vol 4 (1) ◽  
pp. 43
Author(s):  
Hanifa Assofia
Keyword(s):  
Corporate Governance ◽  
Financial Performance ◽  
Islamic Law ◽  
Financial Statements ◽  
Risk Profile ◽  
Bank Capital ◽  
Collection Method ◽  
Descriptive Research ◽  
Good Corporate Governance ◽  
Quantitative Descriptive

<p>This research aims to find out how Bank Aceh's financial performance after conversion in terms of earnings and capital. The type of research used is quantitative descriptive research. The data collection method used is the documentation method based on the data in the form of quarterly financial statements for the 2016-2018 period published. The method of data analysis in this study is by using the RGEC method (Risk Profile, Good Corporate Governance, Earning and Capital). The results of the study show that Bank Aceh's financial performance in terms of profitability ranks 2, with the definition that profitability is adequate, profit exceeds the target and supports the growth of bank capital. Bank Aceh's decision to convert to sharia as a whole was a very appropriate decision because it was able to show good performance, besides that it also supported the Aceh Government in carrying out its programs to enforce Islamic law. Bank Aceh's financial performance in terms of capital also ranks 2, with the definition that banks have adequate capital quality and adequacy relative to their risk profile, which is accompanied by strong capital management in accordance with the characteristics, scale of business and the complexity of the bank's business.</p>

What's Happening to Profits at Cazenovia Creations?

2013 ◽  
Vol 8 (1) ◽  
pp. 24-29 ◽  
Author(s):  
Margaret Garnsey ◽  
Andrea Hotaling
Keyword(s):  
Financial Analysis ◽  
Financial Statements ◽  
Internal Controls ◽  
Net Income ◽  
Database Query ◽  
Microsoft Access ◽  
Level Data ◽  
Query Tool ◽  
Transaction Level

ABSTRACT In this case, students assume the role of an accounting professional asked by a client to investigate why net income is not as strong as expected. The students must first analyze a set of financial statements to identify areas of possible concern. After determining the areas to investigate, the students use a database query tool to see if they can determine causes by examining transaction level data. Finally, the students are asked to professionally communicate their findings and recommendations to their client. The case provides students with experience in using query-based approaches to answering business questions. It is appropriate for students with basic query and financial analysis skills and knowledge of internal controls. A Microsoft Access database with transaction details for the final seven months of the current year as well as financial statements for the current and prior year are provided.

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