scholarly journals IFRS9 TRANSITION IMPACT ON THE QUALITY OF FINANCIAL REPORTING INFORMATION: A CASE STUDY OF YEMEN COMMERCIAL BANKS

2020 ◽  
pp. 54-63
Author(s):  
Mahdi Qasem Saeed, Saeed ◽  
D. A. Nikam
Keyword(s):  
Data Analysis ◽  
Statistical Methods ◽  
Financial Reporting ◽  
Commercial Banks ◽  
Positive Relationship ◽  
Descriptive Statistics ◽  
Ifrs 9 ◽  
The Impact

The purpose of this study is to know the IFRS 9 transition impact on the suitability and reliability of the quality of financial reporting information. A questionnaire was used in data collecting. Out of 92 questionnaires, only 85 were valid and suitable. The data analysis has been done by using SPSS and several statistical methods through descriptive statistics such as averages, standard deviations, and T-test. This study adds to the literature by knowing the IFRS 9 transition impact on the suitability and reliability of the quality of financial reporting information in the commercial banks of Yemen. The study reached that there is a positive relationship between the impact of the adoption of the IFRS9 on the suitability and reliability of the quality of financial reporting information in Yemen commercial banks. Finally, the study was concluded with some recommendations. KEYWORDS: International Standard Financial Reporting IFRS9, Quality of Financial Reporting Information, Suitability, and Reliability, commercial banks.

scholarly journals The Impact of the Application of International Standard for Financial Reporting No (9) on the Faithful Representation of Financial Accounting Information in Jordanian Commercial Banks

2019 ◽  
Vol 14 (3) ◽  
pp. 88
Author(s):  
Amer Sulaiman Alkhresat ◽  
Tareq Hammad Almubaydeen
Keyword(s):  
Financial Reporting ◽  
Commercial Banks ◽  
Stock Exchange ◽  
Accounting Information ◽  
Correlation Coefficients ◽  
Study Data ◽  
Financial Accounting ◽  
Faithful Representation ◽  
Ifrs 9 ◽  
The Impact

The purpose of this study is to demonstrate the impact of the application of IFRS 9 on the faithful representation of financial accounting information in Jordanian commercial banks. To achieve this objective, the study used the descriptive analytical approach to analyze a questionnaire that was answered by the managers of 13 commercial banks, which are listed in Amman stock exchange. The researchers distributed 78 questionnaires, while 76 were retrieved with a percentage of 97%. Additionally, the study relied on the descriptive statistics, correlation coefficients, and the simple regression to analyze the study data, and hypotheses. As a result, the study found a significant impact for the application of IFRS 9 to the faithful representation of financial accounting information. Relied on the aforementioned consequence, the study recommended that there is a necessity for financial departments to focus on measuring their financial obligations, as well as focusing on the development of accounting policies during the application of the standard. In addition, the study concludes that it is important for these banks to have an adequate knowledge of accounting standards in general, while standard No “9” specifically.

scholarly journals Assessment of Government Internal Control Systems on Financial Reporting Quality in Ghana: A Case Study of Ghana Revenue Authority

2018 ◽  
Vol 10 (11) ◽  
pp. 40
Author(s):  
Wonder Agbenyo ◽  
Yuansheng Jiang ◽  
Prince Komla Cobblah
Keyword(s):  
Control Systems ◽  
Financial Reporting ◽  
Internal Control ◽  
Negative Impact ◽  
Reporting Quality ◽  
Financial Reporting Quality ◽  
Quality Reporting ◽  
The Impact

Internal control systems cannot be underestimated as it serves as the lifeblood of most institutions in terms of its imperative roles that it plays in both tangible and intangible assets of an organization. Internal control actions on quality financial report state positive goals more especially when all parties involved adhere to their duties; thus, making the quality of financial reporting comparable, understandable, relevant, and reliable. In this regard, this study investigated the impact of government internal control systems on financial reporting quality in Ghana using Ghana Revenue Authority as the case study. Specifically, the study examined the nature and quality of financial reporting and the impact of government internal control systems on financial reporting quality. Both quota and simple random sampling techniques were used to select fifty (50) persons as the sample size of the study. Questionnaires were used to obtain data. The correlation matrix was used to examine the relationship between government internal control systems and financial reporting quality. The study finds out that contrary to apriori expectation sign monitoring as an element of internal control system has a negative impact on the financial quality reporting but was however statistically significant. The study also revealed that with a unit increase in the collection performance, the financial reporting quality of GRA will improve. The study recommended that the government should ensure that the internal control systems are well monitored and regulated. 

Empirical Study on the Effect of Adopting the International Financial Reporting Standards (IFRS) on the Quality of Earnings using Beneish Model in a Sample of Banks Listed in the Iraqi Stock Exchange

2021 ◽  
Vol 39 (11) ◽  
Author(s):  
Zahraa Nasser Ali ◽  
Hakeem Hammood Flayyih
Keyword(s):  
Financial Reporting ◽  
Commercial Banks ◽  
Stock Exchange ◽  
Financial Statements ◽  
International Financial Reporting Standards ◽  
Reporting Standards ◽  
Global Capital ◽  
Financial Reporting Standards ◽  
The Impact

The need for international financial reporting standards (IFRS) emerged due to the increasing degree of interdependence between global capital markets and the need for investors to obtain reliable and honest financial information in expressing economic events, in order to find a common financial language, and this is what IFRS provide. Nevertheless, the research aimed to measure the impact of the adoption of IFRS on the quality of earnings in the Iraqi banks listed in the Iraqi Stock Exchange for a sample of 30 banks. The Beneish model was used to measure the quality of earnings, while Mann-Whitney was used to measure and prove the hypothesis of the research. However, the research reached a set of conclusions, including that although the IFRS should contribute to improving the quality of financial reporting, the adoption of these standards in commercial banks listed in the Iraq Stock Exchange did not contribute to achieving quality in earnings even after adopting those standards. Furthermore, a Beneish model is an important tool for auditors, financial analysts, investors, and creditors who have the ability to understand the financial statements or those who have a reasonable understanding of the nature of those financial statements in measuring the quality of earnings, because it is a simple and easy to implement tool.

scholarly journals Islamic Business Ethics: Case Study of Puspa Sharia Micro Business Actors in Bank Indonesia West Java Region in Bandung 2017

2019 ◽  
Vol 2 (1) ◽  
Author(s):  
Juliana Juliana ◽  
M. Adib Sulthan ◽  
Muhammad Fathir
Keyword(s):  
Business Ethics ◽  
Human Resources ◽  
Research Method ◽  
Descriptive Statistics ◽  
West Java ◽  
Analysis Techniques ◽  
Islamic Business Ethics ◽  
The Impact

This research is based on the phenomenon of problems in MSMEs including poor administration, low product competitiveness, low human resources, lack of mastery of science, quality of service and use of quality goods (Halal & Thayyib). The purpose of this study was to measure the level of implementation of Islamic Business Ethics for MSME players in the PUSPA Bank Indonesia program in West Java in Bandung in 2017. The research method used was descriptive quantitative with data analysis techniques using descriptive statistics. The number of research samples is 50 consumers from 4 MSMEs which are engaged in the service, food and craft sectors and. The results of the study show that the level of implementation of Islamic Business Ethics in micro business actors guided by the PUSPA program in Bank Indonesia in West Java in 2017 is in very good criteria, dimensions that need to be improved are the orderly administrative dimensions and the dimensions of freedom with good criteria. While the dimensions of responsibility, justice and truth are included in the criteria very well. The impact of this research shows the need for improvement of several indicators because it has implications for business progress and increased competitiveness of MSMEs themselves.

scholarly journals Performance of Papua Petanque Athletes Facing Covid-19

2020 ◽  
Vol 16 (2) ◽  
pp. 256-262
Author(s):  
Kurdi Kurdi ◽  
Rif'iy Qomarrullah ◽  
I Putu Eka Wijaya Putra
Keyword(s):  
Body Weight ◽  
Data Analysis ◽  
New Paradigm ◽  
Physical Test ◽  
Physical Quality ◽  
Qualitative And Quantitative ◽  
Health Quality ◽  
The Impact

This research is a new paradigm mix method by combining grounded theory and case study construction, which involved 11 elite Papuan petanque athletes, data taken from March to May 2020. Data instruments using physical test data, observations, questionnaires, documents, and interviews . Data analysis combines two elements, namely: qualitative, and quantitative. Then the results and discussion in this study are: (1) The health quality of athletes experiencing problems, this is marked by an increase in the proportion of body weight; (2) The physical quality of the athlete experienced a decrease in physical quality before the occurrence of a pandemic above 81.80% and dropped to below 72.70%; (3) Psychologically, when viewed from the aspect of motivation (institutions and extrinsic), it is categorized as high during the pandemic. This research empirically provides a description of the impact received as a result of the Covid-19 outbreak in sports achievements.

scholarly journals The Impact of Credit Policy on the Performance of Nigerian Commercial Banks

2014 ◽  
Vol 1 (2) ◽  
pp. 40 ◽  
Author(s):  
Ayodele Thomas D. ◽  
Raphael O. Alabi
Keyword(s):  
Commercial Banks ◽  
Primary Data ◽  
Financial Intermediaries ◽  
Credit Policy ◽  
High Quality ◽  
Chi Square ◽  
High Level ◽  
The Impact

The major financial intermediary in any economy is the bank. As financial intermediaries, banks provide means by which funds can be transferred from the surplus unit of the economy to the deficit unit. This role is performed primarily through the acceptance of deposits of different categories and characteristics for onward lending to the numerous customers by way of loans and credits. The study tries to access the impact of credit policy on the performance of Nigerian Commercial Banks using Zenith Bank Plc as case study. Primary data were collected through questionnaires served on sixty (60) respondents (staff: 32 and customer: 28) of the bank. The questionnaires were analysed with the use of chi-square (X2). The findings from the study show that having a good credit policy in place goes a long way in minimizing the incidence of bad debts. It was also discovered that prudent credit assessment and disbursement, dynamic credit monitoring and decisive actions when there are warning signals, have all helped the bank to maintain a high quality of assets and a high level of profitability.

scholarly journals Corporate Internet Financial Reporting: A Cross Country Analysis in The Asia Pacific

2021 ◽  
Vol 8 (1) ◽  
Author(s):  
CUt Nadhirah Faisal ◽  
Yossi Diantimala ◽  
Dinaroe Dinaroe
Keyword(s):  
Multivariate Analysis ◽  
Financial Reporting ◽  
Firm Size ◽  
Positive Relationship ◽  
Asia Pacific ◽  
Firm Characteristics ◽  
Country Analysis ◽  
Cross Country ◽  
The Impact

The purpose of this study is to provide a comparative analysis of the quality of Corporate Internet Financial Reporting (CIFR) practices in the Asia Pacific. Additionally, this research examines the impact of firm size, listing age, internationalization, and auditor size on CIFR practices. The population in this study are all publicly listed companies in Australia, Singapore, and Indonesia. The sample comprises of non-financial companies in 2019, with 95 Australian companies, 87 Singapore companies, and 85 Indonesian companies. Multivariate analysis is used to examine the hypothesis. The results show that Singapore and Indonesian firms have better CIFR disclosure compared to Australia. In addition, this study finds that some firm characteristics explain the level of CIFR disclosure. Particularly, firm size, internationalization, and auditor type have a significantly positive relationship to CIFR disclosure in the Asia Pacific. While listing age does not explain the level of internet reporting.

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