ANALISIS LAPORAN KEUANGAN PADA BANK RAKYAT INDONESIA DAN BANK NEGARA INDONESIA DI TINJAU DARI ANALISIS CAMEL

ABSTARK Tujuan riset ini merupakan guna mengenali gimana kinerja keuangan PT. Bank Rakyat Indonesia (Persero) Tbk serta PT. Bank Negeri Indonesia ( Persero) Tbk dengan memakai prosedur CAMEL (Capital, Assets, Management, Earning, Liquidity) periode 2014 hingga 2018. Metode yang digunakan adalah metode deskriptif kuantitatif. Hasil analisis laporan keuangan PT. Bank Rakyat Indonesia (Persero) Tbk serta PT. Bank Negara Indonesia (Persero) Tbk bersumber pada metode CAMEL mendapatkan predikat sehat sejak tahun 2014 sampai 2018. Sehingga PT. Bank Rakyat Indonesia (Persero) Tbk dapat menunjukkan prestasi peningkatannya pada rasio CAR, KAP, ROA, dan LDR sedangkan PT. Bank Negara Indonesia (Persero) Tbk menunjukkan prestasinya pada rasio NPM dan LDR. Efektivitas dari kedua bank ini memiliki ketahanan yang baik dalam menghadapi gejolak perekonomian saat ini sehingga nilai kesehatan yang dibentuk menunjukkan kedua bank tersebut dapat menjalankan fungsinya dengan baik.

Efektivitas Kebijakan Penatausahaan Pada Pengelolaan Barang Milik Negara Di Balai Pendidikan Dan Pelatihan Keagamaan Medan

The research aims to describe the effectiveness policy at Balai Diklat Keagamaan Medan. The location of the research was conducted at Balai DIklat Keagamaan Medan, which is located at Jalan TB Simatupang No. 122 Medan. The problem raised in this research such as assets that move around the room without the knowledge of the manager of state property so that their whereabouts are not known which has an impact on assets management records that do not address real data in the field and state property managers who still have very minimal human resources and lack of human resources as users related to the administration of state property. This research uses qualitative research methods. It is used in a study to obtain a qualitative description and will be dominated by words, sentences, and descriptions and rarely uses numerical data. In discussing the existing problems, the writers use Campbell and Duncan’s theory of effectiveness. The result of the study shows that there are problems that make the policy of administering state property ineffective due to the lack of inventory implementation and the lack of resources for managing state-owned goods so that a better understanding of the policy of administering state-owned goods will have a significant impact on improving the administration of state-owned goods so that resulting in a more effective administration of state-owned goods.

Organizational and economic mechanism of current assets management of industrial enterprises in the conditions of market transformation

Introduction. Analysis of current assets of the enterprise is an important process, which consists in researching and monitoring the property status and key indicators of current assets of the enterprise in the process of its financial and economic activities in order to identify ways to increase its market value and ensure effective development. The purpose of the paper is devoted to the analysis of management and financing of current assets of industrial enterprises of Ukraine, systematization of methods of current assets management, actualization of problems and formulation of proposals for effective financial management of current assets and substantiation of directions of current assets management in industrial market conditions. Results. The concept of “current assets” as an element of resource potential used by the enterprise and aimed at ensuring a systematic, continuous and controlled process of economic activity, consumed once to ensure the economic effect in future periods, is improved. The influence of the current assets management system on ensuring the financial stability of enterprises is outlined. The stages of the current assets management process are singled out, the main strategies of current assets financing are investigated and measures to increase the efficiency of current assets management of enterprises in modern market conditions are proposed. When optimizing the size of current assets should be minimal, but sufficient «to ensure uninterrupted financing of planned costs required for the production and sale of products of the enterprise, the implementation of settlements with contractors in a timely manner. It is emphasized that accelerating the turnover of working capital can significantly reduce the cost of production. Conclusion. The company, forming working capital, should seek to minimize the cost of capital spent on creating their value. Optimization of the composition and volume of working capital, a rational relationship between own, borrowed and borrowed sources of their formation will provide a sufficient level of solvency, liquidity and profitability, strengthening the financial condition, growth of market value of industrial sector enterprises in modern market conditions.

Information and analytical support for the management of tangible current assets of the enterprise

The paper investigates that the realization and control of the implementation of management decisions on tangible current assets is impossible without appropriate information and analytical support of this process. The main prerequisites for creating an effective management system of tangible current assets are indicated. The definition of information-analytical support of tangible current assets management of the enterprise is offered, which allows to consider it as: a component of tangible current assets management system; purposeful set of actions of management staff; the process of forming and transmitting available analytical information. It is established that the technology of accounting and analytical management of tangible current assets involves three stages: previous, basic and final. The characteristics of these stages are given and the tasks, the solution of which is realized within the functional subsystems of accounting, analysis, control, planning and forecasting, are determined. The authors define the object and subject, the purpose of management of tangible current assets, the task is formed, the principles of the system of management of tangible current assets of the enterprise are substantiated. Implementation of stages of technology to create appropriate information and analytical support is possible only with adequate management and technical support. Management support is related to determining the amount and structure of information needed for managers at different levels; clear setting of parameters and settings of the information exchange system; application of reliable methods of protection of the available information; using adapted information to justify and make strategic decisions. Technical support involves the use of computer engineering means, which allows you to filter, verify, duplicate and store information.

Physical Asset Management in Equipment-Oriented Industries Using the Equipment Life Cycle Management Approach

Proper assets management and maintenance, especially equipment in the value chain of an organization, the failure of which leads to interruptions in the system and waiting in the production line, are very vital and of special importance in "equipment-oriented" organizations, including industries such as oil, gas, petrochemicals, steel, minerals, companies involved in the production and distribution of water, electricity, etc. Usually such organizations have a constant need to create an efficient and effective life cycle in order to achieve an efficient physical asset management system. The present study aimed to investigate the physical assets management in equipment-oriented industries with the equipment life cycle management (resource-based) view in oil and gas industries with a case study in an upstream oil industry company (namely North Drilling Company). For this purpose, first 15 criteria have been obtained based on literature review and research literature for evaluating the performance of physical asset management in oil and gas companies. Then, eight of the most important performance evaluation criteria were determined based on experts’ opinions and the fuzzy Delphi method, and in the next step, these criteria were weighted using the fuzzy SWARA method. According to the results, the most important criterion is the cost of maintenance and the least important is the cost of service-support. Finally, solutions are presented in the form of practical suggestions to improve the physical asset management system in this company.

LEGAL CERTAINTY OF LAND TITLE IN FACILITATING FOREIGN DIRECT INVESTMENT IN ACEH PROVINCE, INDONESIA

Law Number 25 Year 2007 on Capital Investment facilitates services and/or licensing of Land Rights to Use for investment. Article 22(a) stipulated that land Rights to Use (HGB) can be granted up to 95 years for land cultivation rights, up to 160 years for building use rights, and up to 140 years for land Rights to Use. However, land Rights to Use regulated in Qanun Number 14 Year 2017 on Aceh's Assets Management is only five years subject to certain conditions and requirements for extension. It is clear that there two legislations available in Aceh in terms of facilitating land license for investment. Therefore, a research question raised is which law is applied by the Government of Aceh to speed the process of land license for the investor? This study uses normative legal research by relying on primary and secondary legal resources. Primary legal resources were collected by analyzing related legislations, while secondary legal resources were obtained by reviewing associated literature. The result shows that in facilitating land license for investors in Aceh, the Government of Aceh applies Qanun Number 14 Year 2017 on Aceh's Assets Management instead of Law Number 25 Year 2007 on Capital Investment. This Qanun stipulated that land license for investors is given for five years with specific requirements for extension. This short period for a land license causes legal uncertainty for investors and decreases their motivation to invest in Aceh Province. It is suggested that this Qanun should be amended to be in line with national legislation, namely law Number 25 Year 2007 that provides a longer period of land license for investors. Keywords: Legal certainty; Land license; Foreign Direct Investment.

PECULIARITIES OF BUSINESS ASSET MANAGEMENT

The article is devoted to the generalization of theoretical aspects and practical recommendations for improving the asset management system in modern conditions. To build an effective system, the object of management — assets — is studied in detail. The approaches to understanding the essence of assets, namely value, financial and property, are singled out. The ratio of such concepts as “current assets”, “working capital” and “working capital” is studied, their common and different characteristics are determined. The current assets are grouped according to different classification features and their significance in the production process is determined. It is substantiated that the grouping of current assets is primarily of practical importance, allowing to build a clear system of accounting and analysis of the availability and movement of current assets and to form an effective system of their management by individual types. A thorough analysis of the interpretations of the concept of “asset management” available in the scientific literature has been made, and several approaches to its understanding have been identified. The conducted research made it possible to form an author's definition of the current assets management system. It is determined that the current assets management system should be based on an integrated approach, the components of which are objects and subjects of management, purpose, basic principles and functions, methods and tools of influence, formalized quantitative and qualitative criteria for achieving goals, and factors forming the operating environment of the object. The characteristic of each element of the system is given, in particular the subjects and objects of management are concretized, their interaction is considered, the purposes and tasks are outlined. It is determined that the functions of the management system are controlling, stabilizing and analytical, and the principles on which it is based — timeliness, unity, continuity, optimality and rationality. The implementation of the current assets management system involves the implementation of a number of successive measures in the form of certain stages, which are considered in the work. The proposed system of current assets management will predict the choice of management strategy of the entity in the long run and increase the overall efficiency of its operation.