Case Study on the Financial Statements Analysis of Major Game Companies: The Impact of COVID-19

2021 ◽  
Vol 24 (4) ◽  
pp. 111-131
Author(s):  
Eun-Jung Sun ◽  
◽  
Dong-Hyun Kim
Keyword(s):  
Financial Statements ◽  
The Impact

scholarly journals TAX RESEARCH Financial Accounting versus Tax Accounting - Tax Rules’ Impact on Investment Decisions

2016 ◽  
Vol 4 (1) ◽  
pp. 9
Author(s):  
Dr.Sc. Skender Ahmeti ◽  
Dr.Sc. Muhamet Aliu ◽  
MSc. Alban Elshani ◽  
Yllka Ahmeti
Keyword(s):  
Investment Decisions ◽  
Financial Statements ◽  
Financial Accounting ◽  
Future Research ◽  
International Accounting Standards ◽  
Corporation Tax ◽  
Tax Research ◽  
The Impact

This paper provides guidance for all those interested in research related to tax. In the study are included three main areas dealing with taxes and about taxes: (1) the role of information in corporation tax expenditures under the rules and laws of the country against financial statements according to international accounting standards, (2) case study PTK; how much effective tax and tax on extra profit has it paid (3) the impact of tax rules on investment decisions - the reasons and profits of the company and the host country. We will try to summarize here the three areas of study and come to some conclusions on how to deal with fiscal policy in Kosovo. In addition, we will offer our opinion on some interesting and important questions for future research.

scholarly journals ANALISA DAMPAK REVALUASI ASET TETAP BERDASARKAN PERATURAN MENTERI KEUANGAN NO.191/PMK.010/2015 TAHUN 2015 DALAM PERHITUNGAN BEBAN PAJAK PENGHASILAN (Studi Kasus Pada Pt. XYZ di Mojokerto)

2017 ◽  
Vol 2 (01) ◽  
Author(s):  
Muhammad Amar Syukroni ◽  
Hwihanus Hwihanus
Keyword(s):  
Income Tax ◽  
Research Method ◽  
Financial Statements ◽  
Corporate Tax ◽  
Industrial Services ◽  
Operating Income ◽  
Fixed Assets ◽  
The Impact ◽  
A Company

ABSTRACTThis research discusses the implementation of revaluation of fixed assets by taking a case study at PT. XYZ in 2015. PT. XYZ is a company engaged in industrial services for a variety of special works of metals and metal goods. PT. XYZ conducts revaluation of fixed assets for taxation purposes. Tax regulations which are the basis for the revaluation of fixed assets at PT. XYZ is PMK 191 / PMK.010 / 2015, PMK 233 / PMK.03 / 2015, and PMK 29 / PMK.03 / 2016. The research method used is descriptive qualitative with the aim to determine the application of PMK 191 / PMK.010 / 2015 to the implementation of revaluation of fixed assets at PT. XYZ and the impact on the financial statements. The results of this study are the revaluation of fixed assets by PT. XYZ is in accordance with applicable tax regulations. Impact arising on the financial statements of PT. XYZ is an increase in the balance of fixed assets, equity, tax debt, and a decrease in the ratio of debt to equity. Tax implications that arise are PT. XYZ must pay taxes on revaluation of Rp 251,006,279. Depreciation expenses which increase due to increasing value of fixed assets are a deduction from operating income in the calculation of corporate tax expenses. However, it should also be considered that revaluation creates new costs, including appraisal services fees and Final Income Tax debt. Keywords: revaluation of fixed assets, taxes, PMK 191 / PMK.010 / 2015, financial statements

scholarly journals Intervenção na Santa Casa de Campo Grande, MS: Estudo de Caso Sobre a Evolução dos Indicadores Financeiros da Instituição

2020 ◽  
Vol 23 (38) ◽  
pp. 170-177
Author(s):  
Jefferson Levy Espindola Dias ◽  
Pedro Henrique Gamarra Nascimento
Keyword(s):  
Financial Crisis ◽  
Balance Sheet ◽  
Financial Statements ◽  
Financial Indicators ◽  
Net Worth ◽  
The Government ◽  
Financial Administration ◽  
The Impact

A Santa Casa de Campo Grande passou por um período de intervenção pelo poder público durante o período de 2005 a 2013, com a justificativa de reverter o quadro de crise vivido pelo hospital na época. O objetivo deste estudo é verificar o impacto dessa intervenção nos indicadores financeiros da instituição, avaliando, assim, a sua eficácia financeira. O estudo de caso foi realizado através da análise das demonstrações contábeis do período, sendo estas o balanço patrimonial e a demonstração do resultado do exercício. Com esta análise, extraíram-se os índices de liquidez, endividamento e rentabilidade, índices estes que foram interpretados, assim como tiveram sua variação avaliada. O resultado encontrado demonstra um baixo índice de liquidez, com pico em 2013 de 0,6972; índices de endividamento que não poderiam ser cobertos pelo patrimônio líquido da instituição; e, um aumento do prejuízo acumulado e do saldo negativo do patrimônio líquido. Observou-se, portanto, que houve piora nos indicadores financeiros analisados durante o período de intervenção do poder público, evidenciando que o mesmo não cumpriu os objetivos definidos à época da intervenção. Palavras-chave: Indicadores Financeiros. Intervenção. Administração Financeira. Abstract              Campo Grande-MS Santa Casa Hospital underwent a period of intervention by the government from 2005 to 2013, with the justification of reversing the financial crisis the hospital was going through at the time. The objective of this study is to check the impact of this intervention on the institution’s financial indicators, thus evaluating its financial effectiveness. The case study was performed by analyzing the financial statements for the period, which are the balance sheet and the profit and loss statement for each year. With the analysis, the liquidity, indebtedness and profitability indexes were extracted, interpreted, and its variation evaluated. The result shows a low liquidity ratio, peaking in 2013 at 0.6972; indebtedness ratios that could not be covered by the institution's net worth; and, an increase in the accumulated loss and negative net worth balance. Therefore, it was observed that financial indicators analyzed worsened during the government’s intervention, showing that it did not meet the objectives set at the time of the intervention. Keywords: Financial Indicators. Intervention. Financial Administration.

scholarly journals Towards Relevancy In Financial Reporting: Mark-To-Market Accounting

2011 ◽  
Vol 14 (2) ◽  
pp. 33 ◽  
Author(s):  
Eunsup "Daniel" Shim ◽  
Joseph M. Larkin
Keyword(s):  
Financial Reporting ◽  
Market Value ◽  
Financial Statements ◽  
Relevant Information ◽  
Historical Cost ◽  
Reporting Practices ◽  
Reporting Requirements ◽  
Economic Reality ◽  
The Impact

<span>The objectives of this paper are to: discuss the relevancy vs. reliability of current financial reporting practices, survey the literature that describes the impact of mark-to-market accounting, and critically examine current CAAP financial statements by comparing them to market value financial statements. With theoretical discussions and a case study, this paper shows that the mark-to-market accounting could present better about the economic reality of transactions, and therefore, tends to provide more useful and relevant information than does historical cost financial reporting. This study suggests that if the object of financial reporting is to provide useful information to the users, existing GAPP financial reporting requirements need to be substantially changed in the direction of market value financial reporting.</span>

scholarly journals A PANORAMA OF MARIANA AND BRUMADINHO DISASTERS: WHAT DO WE KNOW SO FAR?

2021 ◽  
Vol 27 (1) ◽  
pp. 128-152
Author(s):  
Sarah Amaral Fabrício ◽  
Denize Demarche Minatti Ferreira ◽  
José Alonso Borba
Keyword(s):  
Content Analysis ◽  
Data Collection ◽  
Financial Statements ◽  
Environmental Disaster ◽  
Environmental Processes ◽  
Environmental Actions ◽  
Social Environmental ◽  
Reference Form ◽  
The Impact

ABSTRACT In 2015, the Fundão dam of the company Samarco (controlled by Vale) collapsed, causing a huge wave of mud, causing 19 deaths and becoming the biggest environmental disaster in Brazil. As early as 2019, a new dam rupture took place, with Vale as the responsible company, with around 270 fatalities. Both disasters brought numerous social, environmental and financial problems. This study aims to analyze the impact of environmental disaster of Brumadinho and Mariana on Vale and Samarco Financial Statements, specifically the problems related to provisions, contingencies and environmental processes. The method employed with the case study was a content analysis, and data collection was carried out from Financial Statements, Reference Form and the company’s press channel over a 10-year period from 2010 to 2019. Among the main results, we observed that in 2015, the Mariana dam collapse may explain the significant increase in the coming years regarding deposits and provisions for environmental actions filed against Samarco and Vale. In 2019, it is observed that the amount moved to judicial deposits increased 45 times compared to the previous year. Considering this fact, there is a need for studies that contribute to the transparency of actions for the victims, communities affected by the tragedy, disregard of those involved and the environment, since this is not the first disaster caused by this company.

scholarly journals ANALYSIS OF PROFITABILITY PERFORMANCE: THE COMPARISON OF BPR KOTA BARU AND BPR IN SOUTH KALIMANTAN PROVINCE DURING COVID-19 PANDEMIC PERIOD

2021 ◽  
Vol 10 (1) ◽  
pp. 7
Author(s):  
Wangsit Supeno
Keyword(s):  
Asset Management ◽  
Financial Services ◽  
Cost Efficiency ◽  
Comparative Research ◽  
Financial Statements ◽  
Operational Cost ◽  
Financial Report ◽  
Operating Income ◽  
The Impact

The impact of the Covid-19 pandemic is strongly felt for the Rural Banks (or BPR) industry operating in South Kalimantan province. This study is a case study of BPR Kota Baru operating in South Kalimantan Province. Based on the financial report published by Financial Services Authority (or OJK), the BPR Kota Baru is one of the banks that has the best Return On Asset (ROA) performance, because the ROA ratio continues to grow during the Covid-19 pandemic. The purpose of this study is to find out the extent of the performance of Return On Asset or ROA of BPR Kota Baru compared to the ROA Performance of some BPR in South Kalimantan Province before and during the Covid-19 pandemic has a positive ROA. Analysis of research data is sourced from the financial statements of conventional BPR publications accessed on the website of OJK. This study conducts comparative research methods and finds that during the Covid-19 pandemic the ROA of BPR Kota Baru for September 2020 is 6.74% while the average ROA ratio of other BPR is 4.80%. On asset management and operational cost efficiency to operating income (BOPO), the management of BPR Kota Baru manage to improve profitability capability in the midst of the Covid-19 pandemic in the position of financial statements published in September 2020.

scholarly journals DAMPAK PENGAKUAN PENDAPATAN SEBELUM DAN SESUDAH DITERAPKAN PSAK 72 DALAM LAPORAN KEUANGAN PT. X

account ◽  
2020 ◽  
Vol 7 (1) ◽  
Author(s):  
Hana Rolanda Rizal ◽  
Titi Suhartati ◽  
Yenny Nuraeni
Keyword(s):  
Secondary Data ◽  
Financial Statements ◽  
Primary Data ◽  
Revenue Recognition ◽  
Study Approach ◽  
Income Statement ◽  
Before And After ◽  
The Right ◽  
The Impact

DAMPAK PENGAKUAN PENDAPATAN SEBELUM DAN SESUDAH DITERAPKAN PSAK 72 DALAM LAPORAN KEUANGAN PT. X Hana Rolanda Rizal [email protected] Titi Suhartati [email protected] [email protected] Studi Akuntansi Keuangan Politeknik Negeri Jakarta  ABSTRACTThis study aims to determine the impact of revenue recognition after applying PSAK 72 in thefinancial statements of PT. X for the periods 2018 and 2019. This research uses qualitative methods with case study approach, which is analyzing the recognition and recording of revenue from contractswith customers at PT. X and compare it with PSAK 72 then compare PT. X financial statements before and after the application of PSAK 72. The type of data used is primary data and secondary data. The results show that PT.X's revenue recognition was overstated because revenue was recognized not in the right period so that it would result in the company's income statement. To overcome this problem, PT. X should recognize the revenue when the service is provided and present its revenue in accordance with the agreed period with the customer as described in PSAK 72. Keywords: Services, PSAK 72, Revenue ABSTRAKTujuan dari penelitian ini adalah untuk mengetahui dampak pengakuan pendapatan sesudah diterapkan PSAK 72 dalam laporan keuangan PT. X periode 2018 dan 2019. Penelitian ini menggunakan metode kualitatif dengan pendekatan studi kasus, yaitu dengan menganalisis pengakuan dan pencatatan pendapatan dari kontrak dengan pelanggan pada PT. X dan membandingkannyadengan PSAK 72 kemudian membandingkan laporan keuangan PT.X sebelum dan sesudah diterapkan PSAK 72. Jenis data yang digunakan yaitu data primer dan data sekunder. Hasil dari penelitian menunjukkan bahwa pengakuan pendapatan  PT.X dicatat terlalu tinggi dikarenakan pendapatan diakui tidak pada periode yang tepat sehingga akan berakibat pada laporan laba rugi perusahaan. Untuk mengatasi permasalahan tersebut, PT.X sebaiknya mengakui pendapatan pada saat jasa diberikan dan menyajikan pendapatannya sesuai dengan periode yang telah disepakati dengan pelanggan seperti yang dijelaskan pada PSAK 72. Kata kunci: Jasa, PSAK 72, Pendapatan.

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