The Transition from IAS 39 to IFRS 9 and Its Impact on Financial Performance: Case of a Moroccan Public Financial Institution

The purpose of the study was to investigate the effects of changing accounting standards for financial instruments on the financial asset management of commercial banks in the Sekondi-Takoradi Metropolis (STM), focusing on IAS 39 and IFRS 9. Descriptive research design was used. The population was branch managers and account/audit/finance staff of 13 commercial banks in the metropolis who were 91 in number. The census method was used to capture all subjects within the accessible population. Questionnaire with a Cronbach alpha reliability coefficient of 0.871 was used to collect the data. Out of the 91 questionnaires administered, the researcher was able to retrieved 73 completed and accurate questionnaires from the respondents. Both descriptive and inferential statistical tools were used to analyse the data. The findings of the study revealed that requirements of IFRS 9 have been welcomed by commercial banks in STM. The replacement of accounting standards for financial instruments, from IAS 39 to IFRS 9, has moderate effect on the effectiveness of the financial asset management of the banks. It was recommended to management of the banks to ensure that branch managers, and account/audit/finance staff are abreast with IFRS 9 compliance. This will help them adapt meaningfully to the changing accounting standards for financial instruments, especially from IAS 39 to IFRS 9, in order to help manage the financial asset of the banks effectively.

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Analisis Kinerja Keuangan berdasarkan Rasio Keuangan pada PT. BPR. Saptacristy Utama

Jurnal Agribisnis dan Agrowisata (Journal of Agribusiness and Agritourism) ◽

10.24843/jaa.2017.v06.i01.p16 ◽

2017 ◽

Author(s):

NI LUH KOMANG AYU PRADNYANI ◽

I NYOMAN GEDE USTRIYANA ◽

I GUSTI AYU AGUNG LIES ANGGRENI

Keyword(s):

Financial Performance ◽

Activity Ratio ◽

Financial Analysis ◽

Financial Institution ◽

Capital Adequacy ◽

Return On Assets ◽

Return On Equity ◽

Leverage Ratio ◽

Capital Adequacy Ratio ◽

Net Profit

Analysis of Finece Performance Base on Fund Finance Ratio of PT. BPR. Saptacristy UtamaRural Banks (BPR) is a formal financial institution that has a function as a financialintermediary, especially on the national microfinance system. The study aimed tofind out the financial performance of PT. BPR. Saptacristy Utama when it wasanalyzed based on the financial ratios during the period of 2011 to 2015. Based onthe results of the financial analysis, liquidity ratio is categorized good, when viewedfrom the average cash ratio and the average loans to deposit ratio. The solvency ratiois said to be good, judging by the average capital adequacy ratio. Activity ratio isquite good when viewed from the multiplier leverage ratio and asset utilization ratiothat continue to increase. The profitability ratio is classified to be good,as can beseen on the average net profit margin, return on assets and return on equity. PT. BPR.Saptacristy Utama is expected to maintain its financial performance by strengtheningits business activities to increase the amount of its assets, the amount of thedistribution of funds in the form of loans and the placement of funds in other banksshould also be increased, revenue of operations and profits for subsequent yearsshould beincreased, as well as improving sale and service to its customers andprospective customers.

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Impact of reputational loss on financial performance of the bank

Proceedings of 6th International Scientific Conference Contemporary Issues in Business, Management and Economics Engineering ‘2019 ◽

10.3846/cibmee.2019.008 ◽

2019 ◽

Author(s):

Daiva Jurevičienė ◽

Ksenija Kravec

Keyword(s):

Financial Performance ◽

Financial Analysis ◽

Financial Institution ◽

Geometric Mean ◽

Measurement Model ◽

Primary Data ◽

Intangible Asset ◽

Impact Measurement ◽

The Impact ◽

Financial Organisation

Purpose – the purpose of the article is to identify the criteria influencing on the reputational performance of a financial organisation and recognise the impact of reputation on the activities of a financial institution. Research methodology – to estimate the reputational impact on a financial organisation an interview with experts was conducted. In order to process the received data SAW, COPRAS and geometric mean methods were used. The mentioned methods were applied for performance measurement to ensure the inclusion of the reputation-sensitive data. Findings – the weakest position of the financial company in terms of reputational condition implies decreased efficiency of its performance. The degree of reputation and the impact of repercussions on the organisation’s performance can be further measured through financial analysis. Research limitations – the financial organisation analysed in the current study does not provide services for local clients, hence there is no possibility to obtain primary data from direct interactors. Practical implications – the research results provide insight towards key areas to look on while conducting root-cause analysis for decrease of financial performance; reputational impact measurement model can be used for further planning processes related to the future repercussions prevention. Originality/Value – literature overview results prove that it is still argued over the way reputational impact could be measured due to the fact that organizational reputation is attributed to a long-term intangible asset which is sensitive towards the subjectivity of the analysed matter. While it is usual to measure the reputation from the clients’ perspective, the research on reputation impact relies on the particular statistical data on company’s condition in the market.

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ANALISIS EFEKTIFITAS PROGRAM BANTUAN KEUANGAN KHUSUS (BKK) GERBANGSADU MANDARA DI KABUPATEN KARANGASEM TAHUN 2017 (STUDI KASUS PADA 18 DESA KAWASAN RAWAN BENCANA ERUPSI GUNUNG AGUNG)

JMM UNRAM - MASTER OF MANAGEMENT JOURNAL ◽

10.29303/jmm.v9i1.488 ◽

2019 ◽

Vol 9 (1) ◽

Author(s):

Komang Agus Rudi Indra Laksmana ◽

I Ketut Merta

Keyword(s):

At Risk ◽

Financial Performance ◽

Return On Investment ◽

Financial Institution ◽

Poverty Rate ◽

Measurement Instruments ◽

Coverage Ratio ◽

Significant Difference ◽

Before And After ◽

The Government

Karangasem Regency is one of the regencies in Bali which has the highest poverty rate in Bali, The Gerbangsadu Mandara program in 2016 has been distributed in 54 villages with an average budget of 1 billion rupiah per village. However, in mid 2017 the eruption of Mount Agung erupted causing economic paralysis in 22 affected villages in Karangasem Regency. Among them 18 villages are disaster prone areas (KRB) are recipients of the Gerbangsadu Mandara program. Indicators in measuring effectiveness used are performance measurement instruments for 2016-2018 in the form of CCR, ROI, LAR financial ratios aimed at measuring health and its relation to the readiness of citizens to receive further intervention from the government for the following year. The problems to be solved in this study are: How is the effectiveness of Gerbangsadu Mandara Special Financial Assistance (BKK) in 18 villages of Mount Agung Eruption in Karangasem Regency as seen from Cost Coverage Ratio (CCr), Return on Investment (ROI), and Loan at Risk (LAR). The results showed that during the period 2016-2018, the average performance of 18 Bumdes in Karangasem Regency for a Cost Coverage Ratio (CCr) ratio of 183% (very satisfying), Return on Investment (ROI) of 7% (quite satisfactory), and Loan at Risk (LAR) of 19% (minimum). Paired T-test shows that Sign.2-tailed value is greater than 0.05, it means that financial performance before and after the eruption of Mount Agung did not occur a significant significant difference. The conclusion is that the Bumdes financial performance in Karangasem Regency is not affected by the risk of the eruption of Mount Agung. The limitation of the research lies in the object of research at one financial institution that is Bumdes, further research this concept can be tested at other financial institutions such as Village Credit Institutions, Banks and Cooperatives.

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Simulação dos Impactos da Alteração da Norma Internacional de Instrumentos Financeiros (IFRS 9) nos Maiores Bancos Brasileiros

Sociedade Contabilidade e Gestão ◽

10.21446/scg_ufrj.v8i1.13282 ◽

2013 ◽

Vol 8 (1) ◽

Cited By ~ 2

Author(s):

Samir Sayed ◽

Ênio Bonafé Mendonça de Souza ◽

Jorge Andrade Costa ◽

Gustavo Raldini Tancini

Keyword(s):

Monte Carlo ◽

Ias 39 ◽

Ifrs 9

Este artigo objetivou verificar o impacto das alterações nos lucros líquidos e nas suas respectivas volatilidades decorrentes da alteração da norma internacional de instrumentos financeiros, de IAS 39 para IFRS 9, no que tange aos aspectos: (i) da futura mudança na metodologia de apuração do impairment e (ii) da eliminação da categoria “disponíveis para venda” e sua reclassificação para a categoria “valor justo por meio do resultado”. O estudo foi elaborado com base em simulações nos lucros esperados para dezesseis trimestres, partindo de 31/12/2010 e chegando a 31/12/2014, para as cinco maiores instituições financeiras do Brasil. Para tais simulações foram projetadas taxas de juros que flutuam conforme o modelo estimado da estrutura a termo das taxas de juros utilizando o método de Monte Carlo. De acordo com as taxas de juros projetadas foram estabelecidos novos níveis de risco de crédito, os quais resultaram em variações no impairment e no valor justo dos ativos financeiros antes classificados como disponíveis para venda. Os resultados apontaram um impacto inicial no 1º trimestre, tendo em vista a sua adaptação à nova norma. Posteriormente, não houve alteração significativa nos resultados e nas suas respectivas volatilidades.

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DALAM MENGGERAKKAN SOSIAL EKONOMI MASYARAKAT PEDESAAN (Studi Pada Lembaga Perkreditan Desa (LPD) Desa Adat Pekutatan)

Jurnal Ekonomi Pembangunan ◽

10.22219/jep.v12i1.3656 ◽

2014 ◽

Vol 12 (1) ◽

pp. 69

Author(s):

Pera Sundarianingsih

Keyword(s):

Rural Communities ◽

Financial Performance ◽

Financial Institution ◽

Social Economy ◽

Final Value ◽

Capital Assets ◽

The Social ◽

Village People ◽

Credit Institutions

This study aimed to evaluate the success of Village Credit Institutions in moving the social economy of rural communities. The indicator that shows the success Village Credit Institutions observed from three (3) aspects, namely Management, Financial Performance, and the role of socio-economic Village Credit Institutions in mobilizing rural communities. The results of this study can be concluded that Village Credit Institutions Management Pekutatan Village People is good enough. Financial performance Village Credit Institutions Village People Pekutatan terms of aspects Capital, Assets, Earnings, and Liquidity obtained by total final value respectively by 100, it is given a healthy predicate. Traditional Village Pekutatan Village Credit Institutions role in moving the social economy of rural communities is not a financial institution that is solely for the benefit / pure business concept but as a socially minded funding institutions regilius.

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Does Accounting Influence Finance? The Case of IFRS 9 and Fuel Hedging

International Journal of Business and Management ◽

10.5539/ijbm.v16n12p1 ◽

2021 ◽

Vol 16 (12) ◽

pp. 1

Author(s):

Francesco Bellandi

Keyword(s):

Management Practice ◽

Accounting Standards ◽

International Accounting Standards ◽

Accounting Standard ◽

Time Value ◽

Hedge Accounting ◽

Other Comprehensive Income ◽

Ias 39 ◽

Ifrs 9 ◽

Effectiveness Assessment

Finance does influence accounting, for example it is known that hedge accounting under International Accounting Standards Board (IASB) (2019), IFRS 9 has been more aligned to risk management practice. Although, as commonly held, accounting represents the substance of economic events without modifying them, opportunities offered by a new accounting standard may affect finance strategies. This paper studies how the IASB (2019), IFRS 9 hedge accounting requirements versus IASB (2014), IAS 39 have modified fuel hedging practice for a sample of IFRS airlines. Hedge accounting under the new standard results to have been adopted by a very large proportion of the sample. Its new features of risk component hedges, accounting for time value of option, forward points, or basis spread in other comprehensive income (hereafter, OCI), and simplified effectiveness assessment have been exploited by most of the sampled companies, although a definite explanation as an accounting strategy is only partially disclosed. In a context where fuel cost is one, if not the most significant caption of operating expenses of airlines, IASB (2019), IFRS 9 has provided an incentive to expand the use of fuel hedging, at least for accounting purpose.

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Analisis Laporan Keuangan Pada PT. Bank BNI (Persero) Tbk

Jurnal Riset Akuntansi ◽

10.34010/jra.v13i2.4153 ◽

2021 ◽

Vol 13 (2) ◽

pp. 101-110

Author(s):

Andi Setiawan

Keyword(s):

Quality Management ◽

Financial Performance ◽

Financial Institution ◽

Health Assessment ◽

Financial Health ◽

Capital Asset ◽

Asset Quality

A bank is a business entity or financial institution that greatly influences the economy of a country. The purpose of this research is to analyze the financial performance of PT. Bank BNI (Persero) Tbk in 2017-2019 using the CAMEL method. Financial health assessment of PT. Bank BNI (Persero) Tbk is carried out by assessing the aspects of Capital (Capital), Asset Quality, Management (Management), Earning (Rentability), Liquidity (liquidity) which is referred to as CAMEL. The results of the assessment show that the level of financial health of PT. Bank BNI (Persero) Tbk for 3 years for the period 2017-2019 was included in the healthy category with a CAMEL value of 90.2 in 2017, 90.4 in 2018 and 89.7 in 2019.

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