scholarly journals TINJAUAN MANFAAT PENETAPAN JANGKA WAKTU TERTENTU BAGI WAJIB PAJAK DENGAN PEREDARAN BRUTO TERTENTU

2020 ◽  
Vol 13 (2) ◽  
pp. 53-64
Author(s):  
Taufik Kurachman
Keyword(s):  
Financial Reporting ◽  
Government Regulation ◽  
Opportunity To Learn ◽  
Financial Statements ◽  
Time Frame ◽  
Time Restrictions ◽  
Time Period ◽  
Library Studies ◽  
Qualitative Descriptive

Peraturan Pemerintah nomor 23 Tahun 2018 bertujuan memberikan kemudahan dan juga insentif bagi UMKM dengan menekankan pengurangan tarif menjadi 0,5% dan penetapan jangka waktu tertentu yaitu 7 tahun untuk WP perorangan, 4  tahun untuk WP badan usaha berbentuk koperasi, CV, atau firma dan 3 tahun untuk WP badan berupa PT. Pembatasan waktu bertujuan memberikan kesempatan UMKM untuk belajar pembukuan dan membuat pelaporan keuangan. Tetapi apakah periode waktu releksasi cukup untuk mencapai tujuan? Untuk menjawab permasalahan tersebut, penelitian ini menggunakan metode deskriptif kualitatif, dimana data dan informasi diperoleh melalui studi pustaka dan wawancara dengan UMKM. Studi tersebut memberikan temuan penting. Pertama, sebagian WP belum mengetahui penetapan jangka waktu tersebut. Kedua, sebagian WP belum memahami tujuan penetapan jangka waktu tersebut, Ketiga sebagian WP belum siap untuk menggunakan pembukuan serta berharap penetapan jangka waktu tersebut dihilangkan. Untuk itu DJP perlu meningkatkan fungsi penyuluhan penetapan jangka waktu dan pembuatan laporan keuangan.  Government Regulation no. 23/2018 aims to provide convenience and incentive for MSMEs by emphasizing tariff reduction to 0.5% and determination of a certain period of 7 years for individual WP, 4 years for WP business entity in the form of cooperatives, CV, or firm and 3 years for wp entities in the form of PT. Time restrictions aim to provide MSMEs the opportunity to learn bookkeeping and make financial reporting. But is the time period sufficient to achieve the goal? To answer the problem, this study uses qualitative descriptive methods, where data and information are obtained through library studies and interviews with MSMEs. The study provides important findings. First, some WP does not know the time frame. Second, some WP does not yet understand the purpose of setting that time frame, the third part of WP is not ready to use bookkeeping and expect the determination of that time frame to be eliminated. Therefore, DJP needs to improve the counseling function of the determination of time frame and the creation of financial statements..

ANALYTICAL PROCEDURES DESIGN FOR ASSESSING PROFITABILITY DURING THE AUDITING OF HOUSING MANAGEMENT COMPANIES’ FINANCIAL STATEMENTS

2017 ◽  
Author(s):  
Liudmyla Sokolenko ◽  
Keyword(s):  
Business Processes ◽  
Financial Statements ◽  
Continuous Operation ◽  
Debt Management ◽  
Management Company ◽  
Use Of Resources ◽  
Time Period ◽  
Analytical Procedures ◽  
The Impact

The paper studies approaches to the analytical procedures design for assessing profitability in auditing of housing and communal services management companies’ financial statements in order to increase the validity of the auditor's conclusion. The purpose of the article is to prove the usefulness of using analytical procedures for assessing profitability of management company’s financial statements during its auditing, formulating their tasks and directions of information and documentary support. It has been established that the use of economic and mathematical modeling and the calculation of the panel of profitability indicators as analytical procedures essentially make it possible to assess the management company activity efficiency, as well as use of resources, and the effectiveness of debt management. In article the auditor’s tasks of analytical procedures for assessing the profitability of housing and communal services management company were specified: 1) assessment of the management company’s profitability trend during the last reporting periods for establishing general trends in its performance and future activities development; 2) identification of factors that determine management company’s profitability changes over the analyzed time period, that will make it possible to record significant ones and describe potential threats to profitability; 3) determination of reserves for increasing profitability for specific business processes or types of activities; 4) establishing the impact of changes in profitability on the management company’s ability to ensure the continuous operation. A list of profitability indicators performance has been formed. They should be calculated in the path of analytical procedures. Also it is recommended to draw up a working document "Analytical procedures for assessing the profitability of a management company". Basing on the content of profitability indicators and the possibilities of their calculation in the auditor's analytical procedures, auditor’s considerations have been formulated. They should guide the auditor in interpreting the calculated indicators.

scholarly journals Analisis Peraturan Pemerintah Nomor 23 Tahun 2018: Sudut Pandang Pelaku UMKM

2019 ◽  
Vol 20 (1) ◽  
pp. 99
Author(s):  
Prima Bayu Prakosa ◽  
Amir Hidayatulloh
Keyword(s):  
Income Tax ◽  
Government Regulation ◽  
Financial Statements ◽  
Government Policies ◽  
The Internet ◽  
Legal Certainty ◽  
Tax Base ◽  
Tax Enforcement ◽  
Study Base

This research was conducted to determine the effectiveness of final tax enforcement for MSME entrepreneurs in terms of tax collection principles and to find out the obstacles faxed by MSME entrepreneurs in implementing the final tax. This research is a qualitative study. The analysis of the determination of final income tax base on government regulation number 23 in 2018 provides an explanation of the phenomenon of imposing final tax on MSME. Data collection techniques used were interviews, which given to nine Batik MSME in the special regional of Yogyakarta. The next activity is analyzing by linking the real conditions with particular review that used as a review that is used as reference and guide in conducting a study. Base on the analysis, it was found that the majority of taxpayer (nine batik MSME) said that MSME left injustice, lack of legal certainty, lack of efficiency, and lack of pleasure in paying taxes. Obstacles in implementing government regulation number 23 in 2018 include the existence of government policies related to taxation when in a state of loss makes MSME difficult, the payment system that e-billing makes it is difficult for some MSME because the resource person does not master the internet and computerization, legal certainly is unclear and the existence of problem related to financial statements that have not been properly arranged.

scholarly journals Good Corporate Governance: Does The Timeliness of Financial Reporting Has an Effect to The Investors’ Reaction?

2021 ◽  
Vol 17 (1) ◽  
pp. 11-23
Author(s):  
Reni Furwanti ◽  
◽  
Slamet Haryono ◽  
Dini Maulana Lestari ◽  
◽  
...  
Keyword(s):  
Corporate Governance ◽  
Financial Reporting ◽  
Audit Committee ◽  
Audit Quality ◽  
Financial Statements ◽  
Foreign Ownership ◽  
Good News ◽  
Good Corporate Governance ◽  
Negative Effect

This research aims to find out the influence of independent committee boards, audit committee repats, foreign ownership, and audit quality on the timeliness of financial reporting and their impact on investors' reactions both directly and indirectly. This research uses a quantitative method with population and sample of companies registered in Jakarta Islamic Index (JII). Data will be processed using path analysis using IMB SPSS Statistic 22 software. Based on the results of this research, it is known that directly, independent commissioner variables and audit quality have a positive effect on investor reactions, while foreign ownership variables and audit committee meetings have a negative effect on investors’ reactions. While the indirect influence can be known that only audit committee meetings, foreign ownership, and audit quality can have a significant impact on investors' reactions through the timeliness of disclosure of financial statements as intervening variables. The implication of this research is to prove that the existence of corporate governance in terms of determining the intensity of audit committee meetings, foreign ownership, and determination of KAP selection in improving the quality of audits can make the company more efficient and timely in disclosing its financial statements in order make positive reactions from investors that indicates good news for the company.

A Perfect Storm: A Case in Nonprofit Financial Reporting

2012 ◽  
Vol 27 (3) ◽  
pp. 819-836 ◽  
Author(s):  
Jack M. Ruhl ◽  
Ola M. Smith
Keyword(s):  
Financial Reporting ◽  
Opportunity To Learn ◽  
Role Playing ◽  
Financial Statements ◽  
Roman Catholic ◽  
Generally Accepted Accounting Principles ◽  
Reporting Requirements ◽  
The Media ◽  
The Relationship ◽  
Perfect Storm

ABSTRACT This case provides an opportunity to examine numerous issues related to financial reporting for nonprofits, including the usefulness of generally accepted accounting principles, the level of assurance provided by an audit, the importance of each of the three basic financial statements and notes, and the financial reporting requirements for nonprofits. We specifically highlight the function of the media in financial disclosure for nonprofits. Students are able to see firsthand the type of financial reporting that may result if GAAP is not followed and there is no audit. Moreover, students have the opportunity to learn how incomplete financial reporting affects the relationship between stakeholders and administrators in a nonprofit environment. The case centers around actual events that occurred in the Roman Catholic Archdiocese of New Orleans from 2001 to 2009, and therefore provides a realistic learning environment. Finally, the case provides students the opportunity to engage in role-playing as financial managers and stakeholders.

scholarly journals PENERAPAN ISAK 35 PADA MASJID BAITUL HIDAYAH PUGER JEMBER

2021 ◽  
Vol 4 (2) ◽  
pp. 152-162
Author(s):  
Ismi Darojatul Ula ◽  
Moh Halim ◽  
Ari Sita Nastiti
Keyword(s):  
Data Collection ◽  
Financial Reporting ◽  
Descriptive Analysis ◽  
Financial Statements ◽  
Generally Accepted Accounting Principles ◽  
Accounting Principles ◽  
Analysis Technique ◽  
Qualitative Descriptive ◽  
Net Assets ◽  
Using Data

The purpose of this study was to determine the suitability of financial statements according to ISAK No. 35 and how the accounting record in the financial statements of Baitul Hidayah Puger Mosque with generally accepted accounting principles. The research was conducted at the Baitul Hidayah Puger Mosque using data collection techniques with interviews and documentation. The data analysis technique in this research was a qualitative descriptive analysis where the data was compiled and described based on the result of data collection on financial statements, then was compared with relevant theories to the problem, which could then be drawn a conclusion. Based on the result of the study, it could be concluded that the basis of recording applied at the Baitul Hidayah Puger Mosque was incomplete and not sequential according to applicable standards. The financial statements that made a report, a report on changes in net assets, a cash flow statements and notes on financial statements. Implementation of ISAK No. 35 Baitul Hidayah Puger Mosque was not in accordance with generally accepted accounting principles. The financial reporting of the Baitul Hidayah Mosque in Puger was not in accepted accounting principles.

scholarly journals Analisis Peran Stakeholder Desa Wisata Carangsari, Kecamatan Petang, Kabupaten Badung

2019 ◽  
Vol 7 (2) ◽  
pp. 390
Author(s):  
Shafa Raya Cahyana ◽  
Saptono Nugroho
Keyword(s):  
Qualitative Method ◽  
Secondary Data ◽  
Primary Data ◽  
Accurate Data ◽  
Purposive Sampling ◽  
Library Studies ◽  
Collection Data ◽  
Qualitative Descriptive

Carangsari tourism Village is one of the tourist villages in Badung Regency, with various natural and cultural potentials. This study aims to determine the role of the three pillars of tourism in carrying out its right and responsibilitiestowards of Carangsari Tourism Village.The metode used in this study is a qualitative method with qualitative descriptive techniques understand the role of stakeholders in Carangsari Tourism Village, Petang District, Badung Regency. Used some sources of data including primary data and secondary data. The collection data technique, in this study, is using observation, interviews, library studies, and several interviewguidance instrument. Determination of informant in the study of the role of stakeholder in Carangsari Tourism Village used purposive sampling to obtain accurate data on the role of three tourism pillar actor on management in Carangsari Tourism Village, Petang District, Badung Regency. The results of this study obtained the active aspectf, status, right, and obligation Carangsari Tourism Village, Petang District, Badung Regency.Keywords: Stakeholder, Role, Village Tourism, and Badung.

scholarly journals The Application of Accounting Standards in Government Accounting Accrual Basis: Health Laboratory Center for Makassar

2019 ◽  
Vol 9 (4) ◽  
pp. 231
Author(s):  
Andi Asirah ◽  
Andi Ratna Sari
Keyword(s):  
Financial Reporting ◽  
Government Regulation ◽  
Accounting Standards ◽  
Financial Statements ◽  
Accounting System ◽  
Governmental Accounting ◽  
Government Accounting ◽  
Accrual Basis ◽  
The Republic ◽  
The Government

The purpose of this study was to analyze the constraints in the implementation of Government Accounting Standards (SAP) based on the accrual basis as well as to analyze the efforts made to overcome the existing obstacles in the implementation of Government Accounting Standards (SAP) based on the accrual basis. The Indonesian Governmental Accounting Standards Committee (KSAP) has compiled the Government Accounting Standards (SAP) accrual established by Government Regulation Number. 64 of 2013 replacing by the Government Regulation Number 71 of 2010. With the enactment of Government Regulation No. 64 of 2013, the application of accrual-based government accounting standards already have a legal basis. The enactment of Government Regulation No. 64 Year 2013 on Government Accounting Standards (SAP) based on the accrual basis brought major changes in the financial reporting system in Indonesia, which is a change from Cash Basis Accrual Basis Full towards the recognition of government financial transactions. Health laboratory center for Makassar has implemented Cash to Accrual (CTA) in 2011 until 2013.Implemented government accounting standards (SAP) based on the accrual basis in the accrual-based financial statements in 2014 is a qualified opinion (WDP ) acquired by the Health laboratory center for Makassar on The Audit Board of The Republic Indonesia (BPK) audit report on the financial statements 2016 illustrate unmet reasonable levels of information presented for a particular item. From the research will be found two (2) factors; Regional Working Unit (SKPD) Health Laboratory Center for Makassar obstacles encountered in implementing accrual-based government accounting system (SAP), human resources financial managers, and human resource asset managers who often alternated. In this study, researchers found the effort / solution by the Health Laboratory Center for Makassar on obstacles in implementing accrual-based SAP in the preparation of financial statements, namely: education and training.

scholarly journals NON-DISCLOSURE OF FINANCIAL STATEMENTS OF PUBLIC COMPANIES AS AN ECONOMIC OFFENSE IN THE REPUBLIC OF SERBIA

2021 ◽  
Vol 25 (3) ◽  
Author(s):  
Marija Kostić ◽  
Vule M. Mizdraković ◽  
Vladimir Mitić
Keyword(s):  
Financial Reporting ◽  
Stock Exchange ◽  
Financial Statements ◽  
Legal Framework ◽  
Timely Manner ◽  
Public Companies ◽  
Official Gazette ◽  
Time Period ◽  
The Republic

The successful functioning and development of the capital market, along with the possibility of attracting new investments is largely contingent on the quality of financial reporting and the availability of the statements themselves. In view of the fact that the new Law on Accounting of the Republic of Serbia came into force, the question arises to what extent public companies respect legally prescribed deadlines for submitting their statements and by doing so do not commit an economic offense. The primary goal of this paper is to draw attention to the importance of a standardized and efficient legal framework that obliges public companies to publish financial statements in a timely manner. A survey was conducted that encompassed 416 public companies listed on the Belgrade Stock Exchange and their corresponding financialstatements for 2018, as the reporting period. We tried to establish whether the sampled companies disclosed their statements within the deadline prescribed by the Law on Accounting (Law on Accounting, Official Gazette of RS, 62/2013, 30/2018). The results show that most companies disclosed financial statements during the period when they are still considered useful to potential and existing investors. Nevertheless, practice showed that there was room for improvement, and this was achieved with the adoption of the new Law on Accounting, which took effect on January 1, 2020. It integrates the deadline for compiling and disclosing statements, which in fact shortens the time period during which information on the companies’ operations should be made available to the general public and potential investors.

scholarly journals Fraud Diamond Model for Fraudulent Financial Statement Detection

2019 ◽  
Vol 8 (3) ◽  
pp. 6865-6872
Keyword(s):  
Logistic Regression ◽  
Financial Reporting ◽  
Stock Exchange ◽  
Financial Statements ◽  
Financial Statement ◽  
Fraudulent Financial Reporting ◽  
Return On Assets ◽  
Board Of Director ◽  
Fraudulent Financial Statements

Many cases of fraud that occur and are revealed. something happened in the realm of employee fraud and fraud management. One of the frauds that causes substantial losses is fraudulent financial reporting. Fraudulent financial statement becomes one of the fraud schemes that growth simultaneously within the current years. Many of this fraud scheme cause large sum amount of loss to investor, creditors and other financial statement user. The purpose of this research is to gain empirical evidence about financial statements fraud detection using fraud diamond elements. This research is conducted on listed banking companies in Indonesia Stock Exchange year 2014-2018. There is a total of 190 samples companies used in this research which further analyzed by using Logistic Regression Analysis. Statistical test is conducted to test the hypothesis. The test included: determination of coefficient, logistic regression and partial hypothesis testing. Fraudulent financial statement is proxies by Beneish M-score. The research concluded that Pressure proxies by Changes in Total Assets affects significantly to fraudulent financial statements detection. Meanwhile, Pressure proxies by Return on Assets, Opportunity proxies by Ratio of Independent Board of Commissioners, Rationalization proxies by Changes of External Auditor and Capability proxies by Changes in Board of Director do not affect significantly towards fraudulent financial statements detection. Determination of coefficient test result indicates that 20% of fraudulent financial reporting was able to be explained by pressure, opportunity, rationalization and capabilities.

scholarly journals DAMPAK KEBIJAKAN AKUNTANSI PEMERINTAH DAERAH ATAS PENERAPAN PERATURAN PEMERINTAH NOMOR 71 TAHUN 2010 DALAM RANGKA PEMBERIAN OPINI ATAS LAPORAN KEUANGAN (Studi Kasus pada Dinas Pendapatan Pengelolaan Keuangan dan Aset Daerah Kabupaten Bolaang Mongondow)

2016 ◽  
Vol 7 (2) ◽  
Author(s):  
Miftahul Jannah Akuba ◽  
Jullie J. Sondakh ◽  
Jantje J. Tinangon
Keyword(s):  
Local Government ◽  
Human Resources ◽  
Financial Reporting ◽  
Government Regulation ◽  
Financial Statements ◽  
Financial Statement ◽  
Accounting Standard ◽  
Internal Affairs ◽  
District Offices ◽  
Reporting Entity

The Implementation Government Regulation number 71 year 0f 2010 about Accrual Based Accounting Standard and The Indonesian Ministry Internal Affairs number 64 year of 2013 about Accounting Policies obligation impact for Local Government to spell the Financial Statements Accounts completely cosinst of presentation, disclosures, measurement, recognition, also used methods in Financial Statements. The Indonesian Ministry Internal Affairs number 64 year of 2013 rules the accounting entity is SKPD must be reported the Financial Statement based accrual to reported entity (DPPKAD) and than report to the BPK. This study aims to determine the extent to which the Accrual Accounting Policies implementation and also to reveal the Problems which in DPPKAD Bolaang Mongondow Regency. Bolaang Mongondow Regency through DPPKAD has outlined its accounting policies in accordance with the legislation in force through legislation regent Bolaang Mongondow number 12 year of 2014 on accounting policies. Data obtained from the DPPKAD show of 52 SKPD in Bolaang Mongondow Regency, only 6 SKPD reported financial statement to DPPKAD as the reporting entity. The results indicate that the human resources, personal transfers, SPIP weakness, understanding the rules, lack of coordination and leadership are the most decisive factors in the implementation of accounting policies in DPPKAD Bolaang Mongondow District. Then, it unveil a major constraint PPKAD Bolaang Mongondow District offices in describing the accrual-based accounting policies as a key condition of local government financial reporting to the audit board. Keywords        : Human resources limitations, high number of personal transfers, SPIP weakness, understanding the rules, lack of coordination and leadership

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