Financial Statement Analysis of Nanjing Yinfei company based on Harvard Analytical Framework

The Harvard Analytical Framework is a financial analysis framework jointly proposed by three Harvard economists. Analysis of financial statements based on the Harvard framework not only helps to identify problems in the business process, but also to predict future growth potential. In this paper, the publicly traded company Nanjing Sonic was selected as the target company for the study. The Harvard Analytical Framework was adopted as an analytical tool to analyze the operating conditions and financial status of the target company for the years 2015-2019. A comparison with similar companies reveals the problems that exist. Finally, we forecast the future development prospects of the company.

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Analysis of Financial Statement of NRC Agro with Special Reference to Goods and Service Tax

International Journal of Scientific Research in Science and Technology ◽

10.32628/ijsrst196110 ◽

2019 ◽

pp. 45-65

Author(s):

Nalla Bala Kalyan ◽

Toopalli Sirisha

Keyword(s):

Service Provider ◽

Central Government ◽

Financial Analysis ◽

Financial Statements ◽

Financial Statement ◽

Accounting Data ◽

Goods And Services ◽

The Past ◽

Provision Of Services ◽

The Impact

The analysis of financial statements is an important aid to financial analysis. They provide information on how the firm has performed in the past and what is its current financial position. Financial analysis is the process of identifying the financial strengths and weakness of the firm from the available accounting data and financial statements. The analysis is done by establishing relationship between the different items of financial statements. The target of this paper is to examine the major features of GST. GST also known as the Goods and Services Tax is defined as the giant indirect tax structure premeditated to maintain and enhances the economic enlargement of a country. Service tax was a tax levied by Central Government of India on services provided or agreed to be provided excluding services covered under negative list and considering the Place of Provision of Services Rules, 2012 and collected as per Point of Taxation Rules, 2011 from the person liable to pay service tax. Person liable to pay service tax is governed by Service Tax Rules, 1994 he may be service provider or service receiver or any other person made so liable. It is an indirect tax wherein the service provider collects the tax on services from service receiver and pays the same to government of India. This paper has also focused on the impact of GST (Goods and Services Tax) will be on Indian Tax Scenario.

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Pelatihan Pembuatan Laporan Keuangan Bagi UMKM Sebagai Informasi Untuk Pengambilan Keputusan

Jurnal Pemberdayaan Masyarakat Madani (JPMM) ◽

10.21009/jpmm.002.1.05 ◽

2018 ◽

Vol 2 (1) ◽

pp. 63-82

Author(s):

Sila Ninin Wisnantiasri ◽

Irma Paramita Sofia ◽

Fitriyah Nurhidayah ◽

Karsam Sunaryo

Keyword(s):

Financial Reporting ◽

Business Performance ◽

Financial Analysis ◽

Financial Statements ◽

Financial Statement ◽

Educational Game ◽

Financial Report ◽

Study Approach ◽

Income Statement ◽

The Impact

The purpose of this dedication for Pisangan Village Community through financial statement training for small business in collaboration with partners of Citra Kencana Community is to improve the understanding of partners in making financial report especially income statement. The problem facing partners is not mastering how to create a correct financial statement. The financial statements can be used by partners as a benchmark of business performance and business financial analysis tools. Therefore, the methods used in this activity are: (1) convey material about basic concepts of accounting, (2) convey material about components of income statement, (3) provide business simulation and recording financial statements through educational game business accounting (4) the practice of preparing the business income statement and analysis by the entrepreneur, (5) advising / consulting the profit-loss statement. Besides, regression test is done through event study approach to know the impact of training for knowledge of financial report objectives and understanding of financial reporting from the community after getting the training. The result of this activity is increasing both knowledge and understanding of society in making financial report. This is shown by the direction of a positive and significant relationship between training with community knowledge and understanding. Keywords: Financial statement, Small entrepreneurship, Business analysis

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SEC XBRL Filing Requirements: An Instructional Case on Tagging Financial Statement Disclosures

Issues in Accounting Education ◽

10.2308/iace.2010.25.3.489 ◽

2010 ◽

Vol 25 (3) ◽

pp. 489-511 ◽

Cited By ~ 10

Author(s):

Ernest Capozzoli ◽

Stephanie Farewell

Keyword(s):

Oil And Gas ◽

Financial Statements ◽

Securities And Exchange Commission ◽

Financial Statement ◽

Publicly Traded ◽

Item Level ◽

Interactive Data ◽

The U.S

ABSTRACT: On January 20, 2009, the U.S. Securities and Exchange Commission (SEC) released Rule 33-9002 for the phase-in of interactive data (SEC 2009a). An important component of this rule is the phase-in of detailed tagging of financial statement note disclosures. Tagging is the process of associating a taxonomy element with a financial statement concept for a particular context. While some of the filers have participated in the SEC Voluntary Filing Project and prepared instance documents tagged at the line item level most have not prepared detail-tagged notes to accompany the financial statements (SEC 2005; Choi et al. 2008). This case discusses the structure of disclosures, as they exist in the 2009 U.S. GAAP Taxonomy, followed by a discussion of dimensional extensions and concludes with an example of block and detailed disclosure tagging using Rivet Software’s Dragon Tag (Rivet 2009). The example uses the capitalized costs disclosure for Anadarko Petroleum, a publicly traded company. Following the example, the case requires students to block and detail tag the capitalized costs disclosure for Dig Deep, a hypothetical oil and gas company. By completing the case, students develop an understanding of the current U.S. GAAP taxonomy, skills relating to mapping and tagging processes, and make use of a commonly used XBRL taxonomy and instance document creation program.

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Professional Securities Analysts Meet Professors Of Financial Analysis: A Pilot Study Of Financial Statement Assessment Differences

Journal of Business & Economics Research (JBER) ◽

10.19030/jber.v7i12.2361 ◽

2011 ◽

Vol 7 (12) ◽

Author(s):

Robert L. Webster ◽

Jeanie Curry

Keyword(s):

Private Sector ◽

Financial Analysis ◽

Financial Statements ◽

General Purpose ◽

Financial Statement ◽

Font Size ◽

Financial Condition ◽

Securities Analysts ◽

Data Collection Process ◽

User Groups

This multivariate behavioral research investigates whether the financial assessments made by professors of financial analysis differ from those made by private sector financial analysts.  Professors of financial analysis and professional private sector securities analysts were put into separate groups for the study.  Members of the two groups were asked by way of a mailed survey to analyze multi-year comparative financial statements of a business enterprise using variables related to liquidity, long term debt, cash flow, dividend prospects, profitability, and overall financial condition.  The study found a significant statistical difference in assessment results of the analysts and the professors. These results indicate that general purpose financial statements convey different information to the two user groups.  The paper describes the data collection process, statistical analysis, and results of the research as well as limitations and a call for additional research.

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Barcode Location in Financial Statement System Based on the Partial Differential Equation Image Recognition Algorithm

Advances in Mathematical Physics ◽

10.1155/2021/9177159 ◽

2021 ◽

Vol 2021 ◽

pp. 1-8

Author(s):

Jinghua Ning ◽

Song Yu

Keyword(s):

Differential Equation ◽

Partial Differential Equation ◽

Information Sharing ◽

Image Recognition ◽

Resource Sharing ◽

Financial Analysis ◽

Financial Statements ◽

Recognition Algorithm ◽

Financial Statement ◽

Partial Differential

Financial statements are the basis of financial analysis. Most of them are still using traditional financial statement software, and financial data cannot achieve better information sharing. Using a barcode to improve the efficiency of data sharing is undoubtedly the most convenient and fast way to realize financial statement information sharing. This paper studies the problem of the barcode image location and recognition in the financial statement system and tries to apply the partial differential equation image recognition algorithm to the barcode location in the financial statement system. In this paper, image technology is used to preprocess the code 39 barcode label image in the captured image, including color space conversion, image enhancement, threshold segmentation, binarization, and edge detection. The barcode position location is realized by using the method based on integral projection peak analysis and Hough transform line detection. It is proved that the positioning function of the barcode makes the data in financial statements realize resource sharing. Then, the performance of the completed barcode positioning and recognition algorithm is tested. The reliability and effectiveness of the algorithm are verified on the manually made test set.

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ELEMENTS OF ACCOUNTING POLICY SELECTION AND ITS INFLUENCE ON FINANCIAL STATEMENTS INDICATORS

Vestnik Universiteta ◽

10.26425/1816-4277-2019-1-158-162 ◽

2019 ◽

pp. 158-162

Author(s):

O. Ageeva ◽

D. Formusatii

Keyword(s):

Financial Analysis ◽

Financial Statements ◽

Financial Statement ◽

Sources Of Information ◽

Management Decisions ◽

Financial Analyst ◽

Valuation Methods ◽

Policy Selection ◽

The Impact ◽

Accounting Policy

In this article, the authors consider reasons for development of variety of accounting policies and examine influencing of selected accounting policy elements on valuation of financial statements indicators. Obviously financial statements indicators are definitely one of the most important sources of information for financial analysis and management decisions. Financial analyst should be aware, which valuation methods have been presented in this financial statement, and how they influence on formulated by him analytical conclusions. The approach presented in the article to the assessment of the impact of accounting policies on the financial statements’ indicators and the conclusions formulated by the authors as a result of the research allows to get answers to these issues.

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Lakeview Hotel Investment Corp.

Issues in Accounting Education ◽

10.2308/iace-51002 ◽

2014 ◽

Vol 30 (2) ◽

pp. 105-112

Author(s):

Fred Pries ◽

Sandra Scott

Keyword(s):

Financial Statements ◽

Financial Accounting ◽

Financial Statement ◽

Western Canada ◽

Graduate Courses ◽

Publicly Traded ◽

Amount Of Information ◽

Analytical Skills ◽

Related Party Transaction ◽

Hotel Investment

ABSTRACT Lakeview Hotel Investment Corp. (LHIC) is a publicly traded owner and operator of hotel properties located primarily within smaller centers in western Canada. The case provides students with the opportunity to develop research and analytical skills by investigating related party disclosures found within LHIC's financial statements. Students are asked to identify related parties and analyze the transactions between LHIC and its related parties. They are then directed to comment on the underlying value of the transactions. This case illustrates both how much can be learned by careful reading and analysis of related party transaction disclosures and also how many questions about related party transactions remain unanswered based on the information contained in financial statements. Although all information used in the case is publicly available, the degree of difficulty can be adjusted for use within undergraduate and graduate courses by varying the amount of information provided to students. This case is suitable for intermediate financial accounting, accounting theory, and financial statement analysis courses.

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Misrepresentation of financial statements

Journal of Financial Crime ◽

10.1108/jfc-04-2013-0028 ◽

2014 ◽

Vol 21 (2) ◽

pp. 215-225 ◽

Cited By ~ 2

Author(s):

Cenap Ilter

Keyword(s):

Design Methodology ◽

Financial Analysis ◽

Balance Sheet ◽

Financial Statements ◽

Financial Statement ◽

Accounting Fraud ◽

Financial Statement Fraud ◽

Content Type ◽

The Public ◽

Fraud Theory

Purpose – The purpose of this paper is to show the public, in general, and auditors, in particular, that in the absence of control there is always a risk of fraud. Fraud can be done in various forms. Larceny may be the most obvious case of fraud, but fraud may be done in many other ways too. Balance sheet fraud or financial statements fraud is a broader issue; it is far-fetched than a few hundred dollars of a larceny case. In financial statement fraud, the deep down effect may be millions or billions of dollars. Design/methodology/approach – The paper has been designed based on a fraud theory. The author has observed the implications of a possible fraud in a real audit case. The fraud theory has been tested through financial analysis and audit tests. The theory has then been revised and the existence of a financial statement fraud has been proven. Findings – The paper explores that banks and group companies controlled by unreliable owners can lead to misuse of public's funds in accordance with the directives of the owner. Public's money can be transferred to other group companies in an illegal manner – in excessive amounts – and never returned to the bank by means of applying different accounting fraud techniques. Research limitations/implications – Auditors, who may audit group companies that include a bank or banks with deposit receiving and lending rights, should pay attention to the transactions between the group's bank and the other group companies. The lending may be excessive in amount and/or never paid back and the financial statements would be misrepresented covering various fraud schemes. Originality/value – The case that the paper deals with reflects the author's own audit experiences. The names of the companies have been changed but not the essence of the events. From this perspective, it sheds light onto the path of an auditor who happens to be in a similar situation.

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Financial Statement Analysis in Municipalities and an Application

International Journal of Research in Business and Social Science (2147-4478) ◽

10.20525/ijrbs.v2i3.76 ◽

2013 ◽

Vol 2 (3) ◽

pp. 75-86 ◽

Cited By ~ 1

Author(s):

Ali Kablan

Keyword(s):

Control System ◽

Financial Analysis ◽

Financial Statements ◽

Public Institutions ◽

Financial Statement ◽

Financial Control ◽

Accounting System ◽

Efficient Manner ◽

Healthy Functioning ◽

Financial Analyses

In order to meet increased demand for services, municipalities are compelled to use their resources in a most efficient manner. The regular collection of revenues in municipalities, while making expenditures in most efficient ways depend on the healthy functioning of the budget and accounting and the financial control system correspondingly. In is necessary for municipalities to continuously control the balance of incomes and expenses, determining and eliminating the negativities in this balance. For this purpose, financial analyses and management ratios are needed. With the financial analyses made, a financial control system may be established in a municipality and used for management purposes. Municipalities which continuously produce information by means of financial control, will be able to take corrective measures in line with these information, take expenditure decreasing measures by determining which items cause the increases and decreases in incomes and expenditures and undertake income increasing procedures. For this purpose, financial analysis varieties were mentioned in the study and a practice made by the Beylikdüzü Municipality for the analysis of financial statements, obtained as a result of the accrual based accounting system, in public institutions included herein.

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Research on Adidas International Development Strategy under COVID-19

BCP Business & Management ◽

10.54691/bcpbm.v14i.126 ◽

2021 ◽

Vol 14 ◽

pp. 39-52

Author(s):

Xiaoyu Zhang

Keyword(s):

International Development ◽

Development Strategy ◽

Financial Statements ◽

Financial Statement ◽

Strategy Research ◽

Financial Status ◽

The Development Strategy ◽

Enterprise Level ◽

New Research ◽

The Impact

Affected by COVID-19, Adidas' global net sales in 2020 decreased by 3.756 billion euros compared to 2019. Adidas's net sales worldwide decreased by 3756 million euros in 2020 compared to 2019. This article will analyze the changes in Adidas's operation situation and competitiveness under the impact of COVID-19. At the same time, combined with the 2016-2020 financial statement data publicly disclosed by Adidas, this article will analyze the specific impact of COVID-19 on Adidas' financial status and provide a more in-depth interpretation of the financial statements. The goal of this article is to analyze Adidas' future development strategy and make recommendations by analysing the impact of COVID-19 so that it can better meet the needs of external interests and internal management. Many scholars' relevant research is mostly on the development strategy research at the macro level. However, there is a lack of strategic research on the micro-enterprise level after being affected by COVID-19. This article first reviews the literature and expands new research directions based on existing research. Then, this article will use the PEST method to analyze the changes in Adidas's external macro environment under the influence of COVID-19 and apply the theory and methods of financial statement analysis to specific applications. Then this article will combine Potter's five forces model analysis method to further analyze Adidas' external environment and industry environment under the influence of COVID-19. Finally, this article will conclude and put forward development strategy recommendations.

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