scholarly journals Impacto das Emendas às IAS 16 e IAS 41 na Posição Econômico-financeira das Empresas Sucroenergéticas Brasileiras

2021 ◽  
Vol 24 (1) ◽  
pp. 92
Author(s):  
Marcos Paulo Rodrigues de Souza ◽  
Pery Francisco Assis Shikida
Keyword(s):  
Transition Period ◽  
Fair Value ◽  
Third Party ◽  
Wilcoxon Test ◽  
Operating Cycle ◽  
Return On Equity ◽  
Measurement Models ◽  
Fixed Assets ◽  
Asset Turnover ◽  
The Impact

Objective: To identify the impact of the amendments to IAS 16 and IAS 41 on the economic and financial position of Brazilian sugar-energy companies, in the transition period from 2015 to 2017.Method: In a sample of 64 companies, the inverse of the Gray Comparability index was used to measure the impact and the paired Wilcoxon test to identify the significance.Originality/Relevance: This new accounting policy divided the plant and production into two assets with different measurement models. In the process of accounting for sugarcane crops, the sugarcane ratoon, considered a bearer plant, is now measured at historical cost and classified as fixed assets while standing cane continues to be measured by fair value but reported in current assets.Results: Retrospective accounting adjustments significantly impacted most of the variables analyzed. They improved current liquidity and asset turnover and negatively impacted third-party capital participation, fixed assets, general liquidity, and return on equity. The debt composition, quick liquidity, net margin, return on investments, and the operating cycle remained relatively stable.Theoretical/Methodological contributions: The study shows that the amendments to IAS 16 and IAS 41 imply the loss of comparability of accounting numbers and economic-financial indicators concerning previous periods. Besides, considering the peculiarities of sugarcane crops, the study provides evidence that contributes to discussions on measuring the fair value of standing cane.

scholarly journals Kinerja Keuangan Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Ditinjau Dari Rasio Keuangan (Studi Pada Perusahaan Makanan Dan Minuman Yang Terdaftar Di Bursa Efek Indonesia Pada Tahun2015-2018)

2020 ◽  
Vol 5 (2) ◽  
pp. 200-210
Author(s):  
Arif Budhiyanto ◽  
Fifi Swandari ◽  
Sufi Jikrillah
Keyword(s):  
Regression Analysis ◽  
Multiple Regression Analysis ◽  
Activity Ratio ◽  
Working Capital ◽  
Return On Assets ◽  
Return On Equity ◽  
Financial Report ◽  
Fixed Assets ◽  
Asset Turnover ◽  
The Impact

Abstract The aim of this research is to examine and analyse the impact of activity ratio with fixed assets turnover, total assets turnover, and working capital turnover on profitability ratio with return on assets and return on equity as the measurement standart. The objects of this research were Food and Beverages Industries listed at BEI in 2015-2018 period. According to the above objectives, six hypotheses have been formulated. The samples in this research were taken by “sampling jenuh” method using certain criteria to be fulfilled. This research used 16 samples, which one of them did not fulfill the criteria, two of them have negatif financial report and three of them have not continue published financial report. To solve the problem, this research used multiple regression analysis processed by SPSS 16.0. The result of the research showed that fixed assets turnover, total assets turnover and working capital turnover had impacts on return on assets in the first equation. In the second equation fixed assets turnover and working capital turnover had impact on return on equity. Meanwhile, total asset turnover did not have impact on return on equity in second equation.   Keywords: Fixed assets turnover, Total assets turnover, Working capital turnover Return on assets, Return on equity

scholarly journals JURNAL ANALISIS KINERJA KEUANGAN SEBELUM DAN SESUDAH PENERAPAN PPK-BLUD PADA RSUD KARDINAH

2017 ◽  
Vol 1 (1) ◽  
Author(s):  
Debby Firoeza Indiany ◽  
Dien Noviany Rahmatika ◽  
Jaka Waskito
Keyword(s):  
Financial Performance ◽  
Financial Management ◽  
Secondary Data ◽  
Profit Margin ◽  
Wilcoxon Test ◽  
Return On Equity ◽  
Financial Ratio ◽  
Fixed Assets ◽  
Before And After ◽  
Turn Over

RSUD Kardinah Kota Tegal in December, 2008 has been designated as Badan Layanan Umum Daerah (BLUD), then since January 2009 has done changes management finances, with the financial management apply system that is called “Pola Pengelolaan Keuangan Badan Layanan Umum Daerah” (PPK – BLUD). This study aimed to analyze the diffrerences in financial performance RSUD Kardinah based on (1) the ratio of the vulnerability, the aspects of return of assets, return on equity, gross profit margin and net profit margin. (2) liquidity ratios include aspects of current ratio, quick ratio and cash ratio (3) solvency ratios include aspects of debt ratios, debt to equity ratio and times interest earned ratio, and (4) the ratio of activity includes aspects of accounts receivable turn over, inventory turn over, fixed assets and total assets turn over before and after implementing PPK-BLUD. This study classified quantative descriptive research the type of data used is secondary data obtained from the annual financial statements of RSUD Kardinah, the period before implementing ppk – blud (2002 – 2008) and after implementing ppk – blud (2009 – 2015). The analytical method used is a diferrent test to test the hypothesis using wilcoxon test with an error rate (alpha) of 5%. The result of this study conclude, there are no significant differences in financial performance based suspectible ratio, liquidity ratio and activity ratio on RSUD Kardinah before and after implementing of PPK-BLUD. There are significant differences in the aspect ratio of the activity inventory turn over snd fixed assets turn over before and after implementing of PPK – BLUD. The implementation of the PPK – BLUD in hospitals Kardinah not give any significant changes to be seen from the ratio financial ratio, but there is an increase in the trend sharp against the income operations hospital after the implementation of PPK – BLUD. Keywords : PPK-BLU, financial ratio analysis, financial performance, Wilcoxon Siged Ranks Test

Bank risk, profit efficiency and profitability in a frontier market

2020 ◽  
Vol 36 (4) ◽  
pp. 381-402
Author(s):  
King Carl Tornam Duho ◽  
Joseph Mensah Onumah ◽  
Raymond Agbesi Owodo ◽  
Emmanuel Tetteh Asare ◽  
Regina Mensah Onumah
Keyword(s):  
Financial Stability ◽  
Stock Exchange ◽  
Efficiency Score ◽  
Policy Formulation ◽  
Profit Efficiency ◽  
Content Type ◽  
Return On Equity ◽  
Insolvency Risk ◽  
Asset Turnover ◽  
The Impact

PurposeThe study examines the impact of risk on the profit efficiency and profitability of banks in Ghana.Design/methodology/approachData envelopment analysis was used to estimate profit efficiency scores and accounting ratios were used to measure profitability. The panel corrected standard error regression was used to assess the nexus using a dataset of 32 banks from 2000 to 2015.FindingsThe paper found that the Ghanaian banking industry exhibits a variable return to scale property, suggesting that average costs change with output size. Profit efficiency score for banks closer to the efficiency frontier is 61%. Credit risk is significant in enhancing profit efficiency and return on equity. Market risk is relevant in improving profit efficiency, return on asset and asset turnover. To drive profitability, bank managers have to be committed to effective liquidity risk, insolvency risk and capital risk management. Operational risk reduces shareholders' returns. The impact of size, age, stock exchange listing, cost efficiency and competition have are all been discussed extensively.Practical implicationsThe findings contribute to the knowledge on the risk-performance nexus and provide information that is valuable to academics, bankers and regulators for policy formulation. The findings are relevant to the newly established Financial Stability Council.Originality/valueThis paper appears to be among the premier attempts to examine the effect of various risk types identified in the Basel III framework on bank performance in Africa.

scholarly journals Pengaruh Return on Equity, Debt to Equity Ratio, Fixed Asset Turnover, Price to Book Value dan Interest Rate terhadap Price Earning Ratio pada Perusahaan Property & Real Estate di Bursa Efek Indonesia

2014 ◽  
Vol 1 (02) ◽  
pp. 200-210
Author(s):  
Agung Setiyawan ◽  
Oman Rusmana
Keyword(s):  
Interest Rate ◽  
Real Estate ◽  
Significant Influence ◽  
Stock Exchange ◽  
Jel Classification ◽  
Return On Equity ◽  
Book Value ◽  
Fixed Assets ◽  
Asset Turnover ◽  
Equity Ratio

ABSTRACT This study is aimed to examine the influence return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) and interest rate (IR) towards price earning ratio (per). Population of this study are Property & Real Estate companies which had go public in Indonesia Stock Exchange (IDX) during the period of 2008-2012.This research take 11 samples of 52 Property & Real Estate companies listed in IDX during the period of 2008-2012. This research concluded that the price to book value (PBV) and interest rate (IR) have significant influence towards the price earning ratio (PER). Meanwhile, other variables partially have no significant influence towards the price earning ratio (PER). ABSTRAK Penelitian ini dilakukan untuk menguji pengaruh return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) dan interest rate (IR) terhadap Price Earning Ratio (PER). Populasi penelitian adalah perusahaan-perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2008-2012. Penelitian ini mengambil jumlah sampel sebanyak 14 perusahaan dari 52 perusahaan Property & Real Estate yang terdaftar di BEI selama periode 2008-2012. Hasil penelitian menunjukkan bahwa variabel Price to Book Value (PBV) dan Interest Rate (IR) secara parsial berpengaruh signifikan terhadap Price Earning Ratio (PER). Sedangkan Return on Equity (ROE), Debt to Equity Ratio (DER) dan Fixed Assets Turnover (FATO) tidak berpengaruh signifikan terhadap Price Earning Ratio (PER). JEL Classification: G14, G30

scholarly journals THE EFFECT OF HUMAN RESOURCES AND INFORMATION TECHNOLOGY ON THE REVALUATION OF GOVERNMENT FIXED ASSETS

2020 ◽  
Vol 6 (2) ◽  
pp. 129-142
Author(s):  
Indra Indra
Keyword(s):  
Information Technology ◽  
Human Resources ◽  
Central Government ◽  
Financial Statements ◽  
Fair Value ◽  
Fiscal Year ◽  
Fixed Asset ◽  
Measurement Models ◽  
Fixed Assets ◽  
Two Factors

The central government has implemented a government fixed asset revaluation policy. The main objective of the policy is to present the fair value of fixed assets in the government's financial statements. However, the results of fixed asset revaluation are not accepted by the BPK and must be corrected and recorded in the government financial statements for the 2019 fiscal year. Competent human resources and the use of information technology are considered two factors needed to achieve the revaluation objectives. This study was conducted to determine the level of significance of these two factors by distributing questionnaires to BMN officers and assessors from 82 ministries/agencies throughout Indonesia. The research data were processed by path analysis method using the Structural Equation Model (SEM) partial least squares (PLS) through Smart PLS 3.3.2 software used to assess measurement models and research structural models. The results of data processing concluded that the competence of human resources and information technology has a significant effect on the revaluation of government fixed assets. However, information technology needs to be improved again because the significance value is only half that of the human resources competency value. 

scholarly journals Evaluation of Pre and Post Demerger-Merger Performance: Using ABN AMRO Bank as an Example

2017 ◽  
Vol 9 (2) ◽  
pp. 196 ◽  
Author(s):  
Han Bao
Keyword(s):  
Significant Influence ◽  
Financial Analysis ◽  
Financial Ratios ◽  
Statistical Techniques ◽  
Return On Equity ◽  
Paired Sample ◽  
Merger Analysis ◽  
Net Profit ◽  
Asset Turnover ◽  
The Impact

This study attempts to measure the impact of simultaneously demerger and merger over the financial performance of ABN AMRO Bank for the period 2007-2013 by using the DuPont system of financial analysis. ABN AMRO Bank N.V. is a Dutch state-owned bank with headquarters in Amsterdam. The bank demerged from Royal Bank of Scotland Group (RBS) in the first quarter of 2010 and merged with Fortis Bank Nederland from July 1, 2010. Two statistical techniques are used in this study; first the analysis of pre and post Demerger-Merger financial ratios is drawn and second paired sample t-test is used. Based on the analysis of 3 years pre and post Demerger-Merger financial ratios and data of ABN AMRO Bank, the result shows that the event of merger-demerger has no significant influence on the bank’s Net profit margin, Total asset turnover, Return on equity and Equity multiplier. This research fills the gap of Demerger-Merger analysis in the bank industry by using DuPont system of financial analysis.

scholarly journals Pengaruh Return on Equity, Debt to Equity Ratio, Fixed Asset Turnover, Price to Book Value dan Interest Rate terhadap Price Earning Ratio pada Perusahaan Property & Real Estate di Bursa Efek Indonesia

2014 ◽  
Vol 1 (02) ◽  
pp. 200-210
Author(s):  
Agung Setiyawan ◽  
Oman Rusmana
Keyword(s):  
Interest Rate ◽  
Real Estate ◽  
Significant Influence ◽  
Stock Exchange ◽  
Jel Classification ◽  
Return On Equity ◽  
Book Value ◽  
Fixed Assets ◽  
Asset Turnover ◽  
Equity Ratio

ABSTRACT This study is aimed to examine the influence return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) and interest rate (IR) towards price earning ratio (per). Population of this study are Property & Real Estate companies which had go public in Indonesia Stock Exchange (IDX) during the period of 2008-2012.This research take 11 samples of 52 Property & Real Estate companies listed in IDX during the period of 2008-2012. This research concluded that the price to book value (PBV) and interest rate (IR) have significant influence towards the price earning ratio (PER). Meanwhile, other variables partially have no significant influence towards the price earning ratio (PER). ABSTRAK Penelitian ini dilakukan untuk menguji pengaruh return on equity (ROE), debt to equity ratio (DER), fixed assets turnover (FATO), price to book value (PBV) dan interest rate (IR) terhadap Price Earning Ratio (PER). Populasi penelitian adalah perusahaan-perusahaan Property & Real Estate yang terdaftar di Bursa Efek Indonesia (BEI) selama periode 2008-2012. Penelitian ini mengambil jumlah sampel sebanyak 14 perusahaan dari 52 perusahaan Property & Real Estate yang terdaftar di BEI selama periode 2008-2012. Hasil penelitian menunjukkan bahwa variabel Price to Book Value (PBV) dan Interest Rate (IR) secara parsial berpengaruh signifikan terhadap Price Earning Ratio (PER). Sedangkan Return on Equity (ROE), Debt to Equity Ratio (DER) dan Fixed Assets Turnover (FATO) tidak berpengaruh signifikan terhadap Price Earning Ratio (PER). JEL Classification: G14, G30

scholarly journals ISO certifications and firms performance: Evidence from Oman

2015 ◽  
Vol 13 (1) ◽  
pp. 565-573
Author(s):  
Tariq Mohamed Atya ◽  
Mawih Kareem Al Ani
Keyword(s):  
Market Performance ◽  
Fair Value ◽  
Industrial Sector ◽  
Securities Market ◽  
Return On Assets ◽  
Return On Equity ◽  
Services Sector ◽  
Operating Profit ◽  
Iso Certification ◽  
The Impact

This study investigates the impact of ISO certifications on the Omani industrial and services companies listed on Mascut Securities Market. The firm performance measured by financial performance and market performance. The first one is measured by return on assets, return on equity and net operating profit while the market performance is measured by market fair value of shares. ISO certifications were surveyed if the company does or doesn’t have the certificate. ISO certification effect on performance was investigated in 80 Omani firms from both industrial (60%) and services (40%) sectors. In the industrial sector, MANOVA test showed that the ISO has a significant effect only on NOP. In the services sector, MANOVA test showed that the ISO has a significant effect on market fair value and return on assets.

scholarly journals Cost of corruption and efficiency in employment of firms: The case in Vietnam

Accounting ◽  
2021 ◽  
pp. 609-614
Author(s):  
Vu Cam Nhung ◽  
Lai Cao Mai Phuong
Keyword(s):  
Waiting Time ◽  
Estimation Method ◽  
Least Square ◽  
Data Sets ◽  
Return On Equity ◽  
Average Value ◽  
Fixed Assets ◽  
Administrative Procedures ◽  
Gls Estimation ◽  
The Impact

This paper examines the impact of corruption on employers' efficiency in Vietnamese firms. The Generalized Least Square (GLS) estimation method was used for data sets surveyed for Vietnamese firms in 63 localities. The research results show that the unofficial costs in the industry and the total informal costs accounting for 10% or more of revenue will negatively affect the labor efficiency of these enterprises. For costs related to administrative procedures, businesses accept to pay these fees in order to save waiting time and it contributes to increase the efficiency of employers in businesses. In addition to the corruption factor, the study also shows that the number of employees, the location of operation, the average value of fixed assets per employee and the return on equity also affect the efficiency of use. employees in Vietnamese enterprises.

The Effect of using Audit Procedures in Accordance with the IAS 545 in Assessing Audit Risk

2021 ◽  
Vol 39 (11) ◽  
Author(s):  
Muna Jabbar Mohammed ◽  
Jaafar Abdulhussein Hiloaliabi ◽  
Bushra Fadhil Khudhair Al-taie ◽  
Hakeem Hammood Flayyih
Keyword(s):  
Risk Assessment ◽  
Fair Value ◽  
Fair Value Accounting ◽  
Audit Risk ◽  
Measurement Models ◽  
Accounting Estimates ◽  
The Impact

The current research aims to determine the effect of using audit procedures in accordance with the International Auditing Standard (IAS. No.545) in auditing measurement and disclosure on the basis of fair value in assessing audit risk, as the questionnaire was used to identify the opinions of the sample in the statement of the impact of the use of audit procedures in accordance with the IAS 545 in auditing measurement and disclosure on the basis of fair value in the assessment of audit risk. Nevertheless, after analyzing the study variables and testing the hypothesis, the research reached the most important conclusions, which are that most auditors lack the skills necessary to audit fair value accounting estimates because there are no fixed bases for measuring fair value, which creates difficulty for the auditor to understand the models used in preparing fair value estimates by the administration, and this affects in assessing audit risk. The most important recommendations were that work should be done to provide specific bases and clear models for measuring fair value, to reduce dependence on personal judgment for fair value estimates. Therefore, the auditor should use the same measurement models used by management when auditing fair value estimates, which contributes to improving the audit risk assessment.

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