The Influence of Implementation International Financial Reporting Standards (IFRS) and Company Characteristic to Audit Delay; an Empirical Case of IDX Indonesia

Audit delay is an important issue because it has an impact on the timeliness of submitting the company's financial statements. This becomes a serious problem when several countries apply IFRS as an international accounting standard. The purpose of this study was to determine the effect of Implementation of International Financial Reporting Standards (IFRS), Company Size, Audit Committee, Solvency Ratio, on Audit Delay in Food and Beverage Sub-Sector Manufacturing Companies for the 2016-2020 period. The method used in this research is descriptive quantitative with the method of determining the sample using purposive sampling and produces a sample of 60 companies data pair. The analytical technique used is logistic regression analysis. From the results of logistic regression analysis, it can be concluded that the implementation of International Financial Reporting Standards (IFRS) has a negative effect on Audit Delay., Company Size has a negative effect on Audit Delay, the Audit Committee has a positive effect on Audit Delay, and Solvency Ratio has a positive effect on Audit Delay.

Analisis Rasio Likuiditas, Rasio Solvabilitas dan Rasio Rentabilitas untuk Menilai Kinerja Keuangan Koperasi Serba Usaha Andini Mulyo Unit Boyolali

This study aims to assess the financial performance of the Multipurpose Cooperative Andini Mulyo Boyolali Unit. This observation of financial performance was carried out by researching the financial statements of the multi-business cooperative Andini Mulyo Boyolali in 2015-2019. The data analysis method used is a quantitative method with a descriptive approach. Aspects of the financial statements. that become the reference include liquidity ratios, solvency ratios, and profitability ratios. The results showed that from 2015 to 2019 the financial performance of the Multipurpose Cooperative. Andini Mulyo Boyolali unit was very good when compared to the Assessment. Standards of the Ministry of Cooperatives and SMEs RI 2006. This can be seen. from the value of the liquidity ratio which managed to achieve an average CR of 406, 6% and CS by 200%. Judging from the solvency ratio, the average DAR produced is 17% and the DER is 21%. Then the average of the last component, the Multipurpose Cooperative Andini Mulyo Boyolali, managed to achieve an BOPO of 77%. Kata Kunci: Liquidity Ratio, Solvency Ratio, and Profitability Ratio.

ANALISIS KINERJA KEUANGAN PT SIA SEBELUM DAN SAAT PANDEMI COVID 19

PT SIA is a company engaged in Mechanical and Electrical Contracting. The purpose of this study was to determine the financial performance of PT SIA before and during the Covid-19 pandemic based on liquidity ratios, Solvency ratios, and Profitability ratios. The method used in this research is the interview method, the literature study method, and the data analysis method. The results of the research on financial performance on the liquidity ratio decreased in the current ratio, quick ratio, and cash ratio while the solvency ratio showed an increase in the debt to assets ratio and debt to equity ratio, in addition the profitability ratio showed a decrease in gross profit margin and an increase on the net profit margin and the rate of return on capital. Based on the results of an analysis conducted at PT SIA, the company's financial performance decreased during the Covid-19 pandemic, although the resulting decline was not so significant. PT SIA merupakan perusahaan yang bergerak di bidang Kontraktor Mekanikal dan Elektrikal. Tujuan dari penelitian ini untuk mengetahui performa kinerja keuangan dari PT SIA sebelum dan saat pandemi Covid-19 berdasarkan rasio likuiditas, rasio solvabilitas dan rasio profitabilitas. Metode yang digunakan dalam penelitian ini adalah metode wawancara, metode studi kepustakaan, dan metode analisis data. Hasil penelitian kinerja keuangan pada rasio likuiditas mengalami penurunan di bagian rasio lancar, rasio cepat, dan rasio kas sedangkan rasio solvabilitas menunjukan kenaikan pada bagian rasio utang terhadap aktiva dan rasio utang terhadap modal sendiri, selain itu rasio profitabilitas menunjukan penurunan pada margin laba kotor dan peningkatan pada margin laba bersih dan tingkat pengembalian modal. Berdasarkan hasil analisis yang dilakukan pada PT SIA, kinerja keuangan perusahaan mengalami penurunan saat pandemi Covid-19 meskipun penurunan yang dihasilkan tidak begitu signifikan.

Validating the Effects of Disruptive Technologies using Operational Breakeven Theory, Relative Solvency Ratio and Altman’s Z-score on Selected Firms in Nigeria and India

Disruptive technologies (DT) have featured prominently in almost every human activity since the advent of computerization. The likely effects of DT on economic processes and human professions have and continue to generate fears and debates which spurred this investigation. To break away from the traditional approach the operational breakeven theory and the discriminant analysis techniques of Altman’s Z-score, and Enyi’s Relative Solvency Ratio were used to examine the relationship between firms’ market-induced-survival-ratio (MISR) and the disruptive technology gains index (DTGI) of seventy-three firms drawn from Nigeria and India. Descriptive and inferential statistics were used to analyze the data generated. The results showed that a sizeable number of firms has profited from the introduction of disruptive technologies with MISR and DTGI returning a 10% significant relationship while others are still struggling to measure up to the requirements of disruptive technologies in their chosen economic fields. The implication of this is that businesses must brace up and embrace digital transformation if they must stay afloat in this era of disruptive technologies. This study recommends a revolutionary approach to digital transformation in view of the fast pace of global integration while managers and business owners should adopt more pragmatic approach in appraising the operations and finances of a firm for effective results and timely responses to potential business challenges.

Analisis Laporan Keuangan Di Kantor Bappeda Kabupaten Lombok Barat

This research is entitled Analysis of Financial Statements at the Bappeda Office of West Lombok Regency. The purpose of this study is to find out the 2017-2019 Bappeda Lombok Barat Report using the Liquidity and Solvency ratio. Financial statements are information that describes the financial condition of a company and furthermore this information can be used as a description of the company's performance. Analysis of financial statements in public sector organizations is done by comparing the financial performance of one period with the previous period based on financial statements, there are various types of ratios, namely liquidity ratios, solvency ratios, activity ratios, probability ratios, and growth ratios. The method used in this research is quantitative-qualitative using a deductive approach and analysis using Liquidity Ratios and Solvency Ratios, the current ratio of the Regional Development Planning Agency Office for 2017-2019 shows that in 2014 the current ratio was 667.50% in 2018 it decreased to 592.62 % or (74.88%) then experienced a significant increase in 2019 by 932.84% or an increase of 340.22%. Quick Ratio/Quick Ratio 2017 Quick Ratio/Quick Ratio of 264.91% in 2018 decreased by 170.31% or by 94.61% and then experienced a significant increase in 2019 by 524.25% or by 353.94%. In 2017-2019 based on Solvency Ratio analysis, in 2017-2019 the West Lombok Regional Development Planning Agency was able to pay all its debts then in 2019 it decreased by 0.02 and an average of 0.09%. The results of the calculation of the debt ratio in 2019 decreased by 0.02 and an average of 0.09%.

Pengaruh Kinerja Keuangan Terhadap Tingkat Pertumbuhan Berkelanjutan

This study aims to determine and analyze whether financial performance affects the level of sustainable growth. The selected companies are companies from trading and service companies in 2017-2019. Determination of the sample using purposive sampling method. This research uses multiple linear regression analysis with SPSS application. The results of this study indicate that the profitability ratio has no effect on the sustainable growth rate and the solvency ratio has a negative effect on the sustainable growth rate.

Analisis Rasio Likuiditas, Solvabilitas, dan Profitabilitas Untuk Mengukur Kinerja Keuangan Pada PT Martina Berto Tbk Periode 2014-2018

Financial statement analysis is one way to find out the condition of the company, financial ratios are one of the tools used to analyze financial statements. The purpose of this study is to determine the financial condition through the analysis of liquidity ratios, solvency, and profitability as well as the constraints that occur in financial performance and solutions made by the company. The method used in this research is descriptive method. The data was studied in the form of financial statements of PT. Martina Berto Tbk for 2014-2018. Based on the results, it can be concluded that the liquidity ratio is healthy because the current, fast, and INWC ratio is above the industry standard. The solvency ratio is healthy because the debt to equity ratio and LTDtER are above the standard. While the profitability ratios are declared unhealthy because the ratios of NPM, ROA, and ROE are below the standard.

ANALISIS KESEHATAN KEUANGAN PERUSAHAAN DI MASA PANDEMI COVID 19 MENGGUNAKAN RASIO LIKUIDITAS, PROFITABILITAS DAN SOLVABILITAS (STUDI KASUS UMKM AMEERA HIJAB)

AbstrakPada penelitian ini dimaksudkan untuk menganalisis rasio likuiditas perusahaan (X1), rasio profitabilitas perusahaan (X2) dan rasio solvabilitas perusahaan (X3) untuk mengukur kesehatan keuangan perusahaan (Y). Penelitian ini merupakan penelitian kuantitatif dengan metode analisis data. Pemilihan sampel penelitian ditentukan berdasarkan tujuan penelitian yaitu untuk mengetahui kesehatan keuangan UMKM Ameera Hijab di masa pandemi Covid-19 sehingga populasi dan sampel pada penelitian adalah UMKM “Ameera Hijab” yang berlokasi di jalan Parangtritis No. 9 Druwo Bangunharjo Kecamatan Sewon, Kabupaten Bantul, Propinsi Daerah Istimewa Yogyakarta. Hasil penelitian menunjukkan bahwa kesehatan keuangan pada Ameera Hijab di masa pandemi dalam kondisi baik ditunjukkan dengan nilai rasio likuiditas sebesar tak terhingga, rasio profitabilitas sebesar 37% dan rasio solvabilitas sebesar 0%.Kata Kunci: UMKM, likuiditas, profitabilitas, solvabilitas, dan kesehatan perusahaan AbstractThe world's economy has been greatly affected by the Covid-19 pandemic, including in Indonesia and has had a strong influence on MSMEs including the “Ameera Hijab” MSME. This study is intended to analyze the company's liquidity ratio (X1), the company's profitability ratio (X2) and the company's solvency ratio (X3) to measure the company's financial health (Y). This research is a quantitative research with data analysis method. The selection of research samples was determined based on the research objective, namely to determine the financial health of Ameera Hijab SMEs during the Covid-19 pandemic so that the population and sample in the study were “Ameera Hijab” SMEs located on Jalan Parangtritis No. 9 Druwo Bangunharjo, Sewon District, Bantul Regency, Special Region of Yogyakarta Province. The results showed that the financial health of Ameera Hijab during the pandemic was in good condition as indicated by the value of the liquidity ratio of infinity, the profitability ratio of 37% and the solvency ratio of 0%.Keywords: MSMEs, liquidity, profitability, solvency, and company health

The Impact of Seven Macroprudential Policy Instruments on Financial Stability in Six Euro Area Economies

The aim of this paper is to investigate whether macroprudential policy instruments can influence the credit growth rate and hence financial stability. We use a fixed effects panel regression model to test the following hypothesis for six euro area economies (Austria, Finland, Germany, Italy, Netherlands and Spain) during time span 2010 Q3 to 2018 Q4: “Macroprudential policy instruments (degree of maturity mismatch; interbank loans as a percentage of total loans; leverage ratio; non-deposit funding as a percentage of total funding; loan-to-value ratio; loan-to-deposit ratio; solvency ratio) enhance financial stability, as measured by credit growth”. Our empirical results suggest that the degree of maturity mismatch, non-deposit funding as a percentage of total funding, loan-to-value ratio and loan-to-deposit ratio exhibit the predicted impact on the credit growth rate and therefore on financial stability. On the other hand, interbank loans as a percentage of total loans, leverage ratio, and solvency ratio do not exhibit the expected impact on the response variable. Since only four regressors (out of seven) have the signs predicted by our hypothesis, we can only partly confirm it.