To see the other types of publications on this topic, follow the link: Asset accounting.
Journal articles on the topic 'Asset accounting'
Create a spot-on reference in APA, MLA, Chicago, Harvard, and other styles
Consult the top 50 journal articles for your research on the topic 'Asset accounting.'
Next to every source in the list of references, there is an 'Add to bibliography' button. Press on it, and we will generate automatically the bibliographic reference to the chosen work in the citation style you need: APA, MLA, Harvard, Chicago, Vancouver, etc.
You can also download the full text of the academic publication as pdf and read online its abstract whenever available in the metadata.
Browse journal articles on a wide variety of disciplines and organise your bibliography correctly.
1
Liodorova, Jūlija, Jūlija Barkauskas, and Ruta Šneidere. "Detecting Asset Misappropriation: Forensic Accounting." SOCRATES. Rīgas Stradiņa universitātes Juridiskās fakultātes elektroniskais juridisko zinātnisko rakstu žurnāls / SOCRATES. Rīga Stradiņš University Faculty of Law Electronic Scientific Journal of Law 2, no. 20 (2021): 287–300. http://dx.doi.org/10.25143/socr.20.2021.2.287-300.
Full textAbstract:
The main task of the investigation of asset misappropriation is the correct classification of a crime: identification of the fact of misappropriation and determination of the amount of misappropriated assets. Specificity of asset diversity, asset accounting requirements, and a wide range of misappropriation opportunities require specialised knowledge in accounting and economics that investigators often lack. The aim of the study is to increase the knowledge of investigators in forensic accounting in order to increase effectiveness of investigations in detecting asset misappropriation. In this article, the authors, Latvian and Lithuanian accounting experts, talk about typologies of asset misappropriation and ways to detect misappropriation. The authors have compiled a list of red flags for misappropriation of assets and proposed an algorithm for determining the shortage or surplus of assets using forensic accounting methods. Research methods include: qualitative and quantitative methods of economic science, analysis of international standards and scientific literature, and graphical analysis.
2
Chuk, Elizabeth C. "Economic Consequences of Mandated Accounting Disclosures: Evidence from Pension Accounting Standards." Accounting Review 88, no. 2 (October 1, 2012): 395–427. http://dx.doi.org/10.2308/accr-50320.
Full textAbstract:
ABSTRACT: I examine whether firms alter their behavior in response to changes in accounting standards that mandate new financial statement disclosures. While prior research suggests that new recognition rules lead to changes in firm behavior, there is limited evidence that disclosure rules can impact firm behavior. This study helps to fill this void in the literature by examining the economic consequences of the mandated disclosures of pension asset composition required under SFAS 132R. Under pension accounting rules, the composition of pension assets is a key determinant of the assumed expected rate of return (ERR) on pension assets. I find that when firms disclose asset composition for the first time under SFAS 132R, firms that were previously using upward-biased ERRs respond by increasing asset allocation to high-risk securities and/or reducing the ERR assumption. While disclosure requirements arguably create less powerful incentives to alter firm decisions than recognition requirements, these findings offer evidence that firms alter behavior in response to disclosure standards. Data Availability: The data used in this study are publicly available from the sources indicated in the text.
3
Supriati, Ruli, Diah Aryani, and Siti Maesaroh. "Asset Management Using a Web-Based Accounting Online System To Maintain Value of Company Assets." Aptisi Transactions on Management (ATM) 1, no. 1 (January 1, 2017): 31–37. http://dx.doi.org/10.33050/atm.v1i1.683.
Full textAbstract:
Assets are entities that are tangible or intangible and have economic value. In a company, assets are important, because assets are assets that must be managed properly to provide good benefits also to the company. Companies must be able to keep the value of each company's assets to always be at a high level, avoiding damage so that the value of the asset does not fall in the selling price. With asset management, companies are increasingly eager in planning outgoing expenses to maintain the value of existing assets, monitoring assets that are bought, sold, or otherwise depreciated. Asset management based on this online accounting system, companies get asset data reports, accumulated depreciation of each asset until the asset value is updated or real-time. Any assets that have been added in the system can be archived, edited or deleted. Import feature on this system also facilitate the company in doing penginputan asset data in large quantity. Thus, with the asset management system directly synchronized with the company's financial data, will provide work efficiency in monitoring each company's assets.
Keywords: Asset Management, Real-time, Entities, and Asset Values
4
Makurin, A. A. "Cryptocurrency Assets in the Financial Accounting Systems." Problems of Economy 3, no. 45 (2020): 184–89. http://dx.doi.org/10.32983/2222-0712-2020-3-184-189.
Full textAbstract:
The article deals with constructing an asset accounting process and an algorithm for recognizing an object as an asset. The main approaches to the reflection of cryptocurrency in financial accounting are analyzed. The study showed that International Financial Reporting Standards (IFRS) still lack specific clarifications on the correctness of accounting and recognition of cryptocurrencies. Cryptocurrencies are suggested to be recognized as, intangible assets on the one hand, and as inventories, on the other. The research shows that before starting the process of accounting for any asset, it is necessary to determine, whether such a resource meets the definition of an asset. The article proves that cryptocurrency is an asset. However, attaching cryptocurrency to a certain group of assets turns out to be rather problematic. The main approaches to doing it are analyzed. Speaking formally, cryptocurrency is considered to be cash or cash equivalents. Cash and cryptocurrencies have been compared, and the main distinguishing features of these two assets have been considered. The conclusion is made that cryptocurrency should be evaluated at fair value, indicating the date of evaluation to fix actual market conditions. The measure of cryptocurrency when reflected in the financial reporting is the US dollar or its equivalent in the national currency as at the balance sheet date. The research has shown that depending on the type of the enterprise activity, cryptocurrency should be determined in the financial reporting, or the «balance sheet», as «intangible assets» (line code 1000), and the primary value of such an asset corresponds to line 1001, or inventories (line code 1100). Also, if the company’s accounting policy states that cryptocurrency is a financial investment, it should be reflected in line 1160.
5
Bar-Yosef, Sasson, and Steven Lustgarten. "Economic Depreciation, Accounting Depreciation, and Their Relation to Current Cost Accounting." Journal of Accounting, Auditing & Finance 9, no. 1 (January 1994): 41–60. http://dx.doi.org/10.1177/0148558x9400900104.
Full textAbstract:
The relevancy of changing prices in accounting for asset values for U.S. industries is explored. The analysis compares the economic value of assets with accounting-based valuations—historical and current cost—in an inflationary environment. A simulation is employed to estimate the magnitude of the errors of current cost and historical cost reporting. The results of the simulation indicate that where firms use sum-of-years-digits depreciation, current cost accounting is more accurate than historical cost accounting for all but 1 of the 32 asset classes tested. Where firms use straight-line depreciation, current cost accounting is more accurate for all classes of structures but not for all classes of equipment. For equipment under straight-line depreciation, the relative accuracy of current cost was directly related to the rate of inflation and inversely related to the rate of growth of asset outlays.
6
Li, Yin Xiang. "The Construction Process and Effectiveness of the Asset Impairment Standard System in China." Advanced Materials Research 452-453 (January 2012): 374–78. http://dx.doi.org/10.4028/www.scientific.net/amr.452-453.374.
Full textAbstract:
During the past decade, criterion system of impairment of Assets has experienced a process from scratch and scattered to highly-developed in China. So far, “Accounting Standards for Enterprises No. eighth -- Asset Impairment ” has been implemented for nearly five years, and listed companies had compiled interim and annual reports during the 2007-2011 period which experienced a good condition overall. It is a significant breakthrough in the processing of accounting standards and accounting system, which constructs and consummates the system of asset impairment standard, require enterprises to reflect the value of the asset fairly and prevent inflated profits from property price foam. Introduction In recent years, the International and the domestic practice indicates that, in order to reflect the true value of the assets reliably, so as to improve the quality of accounting information, and reduce the uncertainty in decision-making, relevant accounting standards for recognition, measurement and presentation about asset impairment must be developed and implemented. During the past decade, criterion system of impairment of Assets experiences a process from scratch and scattered to highly-developed. In February 15, 2006, Ministry of Finance of the People’s Republic of China issued the "Accounting Standards for Enterprises No. eighth -- Asset Impairment" (Ministry of finance, PRC, 2006a), which regarding as the complete establishment of Chinese asset impairment standard system. Based on the experience of formulation and implement the accounting system and accounting standards, the Ministry of Finance drew some lessons from international accounting standards, and adopted the mode of “basic standard of impairment of Asset commanding other relative individual specific standards” to build asset impairment standard system, which has strong international significance.
7
Penner, James, Jerry Kreuze, and Sheldon Langsam. "Long-Lived Asset Impairments in the Shipping Industry and the Impact on Financial Statement Ratios: Comparing U.S. GAAP and IFRS Standards." International Journal of Accounting and Financial Reporting 3, no. 2 (October 11, 2013): 76. http://dx.doi.org/10.5296/ijafr.v3i2.4226.
Full textAbstract:
In this paper, we investigate asset impairment standards particularly as they relate to differences between United States generally accepted accounting principles (US GAAP) and international financial reporting standards (IFRS) for the impairment of long-lived assets in the shipping industry and the corresponding impact on financial statement analysis ratios. Our study provides evidence that return on assets and asset turnover ratios diverge significantly as a result of the difference between US GAAP and IFRS on asset impairments within the shipping industry. Reporting differences between US GAAP and IFRS can impede the comparability of financial reporting. Asset impairment accounting differences can have significant differences for companies reporting under these two accounting standards.
8
Downing, Jeff. "Fair-value accounting, asset sales and banks’ lending." Studies in Economics and Finance 35, no. 1 (March 5, 2018): 163–77. http://dx.doi.org/10.1108/sef-10-2017-0294.
Full textAbstract:
Purpose This paper aims to examine the interaction between fair-value accounting, asset sales and banks’ lending in booms and busts. Throughout, the author uses “fair value” and “mark-to-market” interchangeably, to denote an accounting regime where changes in the prices of banks’ assets affect regulatory capital. “Historic-cost accounting” has been used in the paper to denote an accounting regime where changes in asset prices do not affect regulatory capital. Design/methodology/approach The author built a model that examines how the accounting regime affects banks’ incentives to sell assets and how the impact of the accounting regime on asset sales affects lending. Findings In a bust, fair value strengthens banks’ incentives to sell assets. The resulting increase in sales increases banks’ lending capacity. Consequently, lending can be higher under fair value. Conversely, in a boom, historic cost strengthens banks incentives to sell assets. The resulting increase in sales increases banks’ lending capacity. Hence, lending can be higher under historic cost. Originality/value This paper identifies a new channel through which the accounting regime could affect lending. The accounting regime can affect banks’ incentives to sell assets. The resulting difference in sales can affect banks’ ability to make new loans. Hence, in a boom, although banks book mark-to-market gains under fair value, asset sales could be higher under historic cost. Lending, thus, could be higher under historic cost. Conversely, in a bust, although banks book mark-to-market losses under fair value, sales could be higher under fair value. Lending, thus, could be higher under fair value.
9
Iman Harris Wijaya T., Anggi Pratama, and Oktarini Khamilah. "Evaluation of the Implementation of Fixed Assets Accounting at the North Sumatra DJKN Regional Office based on PSAP No.07 about Fixed Assets Accounting." SIASAT 7, no. 2 (April 9, 2022): 123–34. http://dx.doi.org/10.33258/siasat.v7i2.116.
Full textAbstract:
Fixed Assets is one of the important components in the balance sheet that plays a significant role in policy making in government institutions. Therefore, the recording and reporting of fixed assets must comply with government accounting standards. This study aims to evaluate the application of fixed asset accounting at the North Sumatra DJKN Regional Office based on PSAP No. 07 about Fixed Assets Accounting. The method used in this study is a qualitative approach with descriptive analysis that compares the suitability of the application of fixed asset accounting with government accounting standards. Data was collected through interviews and supporting report documentation. The results showed that the North Sumatra DJKN Regional Office had carried out the administration of fixed assets in accordance with PSAP No. 07 about Fixed Assets Accounting but with the finding of errors in the recording of fixed assets of Buildings that should have been transferred to other asset posts and the value of assets that have been discontinued from government operations which are still recorded even though the assets have been disposed of. The North Sumatra DJKN Regional Office is recommended to follow up on recording errors by reclassifying assets and making reports related to recording errors in the application system.
10
Heliantono, Heliantono. "TRUE SALE ACCOUNTING ON SECURITIZATION IN INDONESIA." International Journal of Contemporary Accounting 1, no. 2 (February 3, 2020): 99. http://dx.doi.org/10.25105/ijca.v1i2.6192.
Full textAbstract:
Asset securitization is one of the financing solutions. One application for the use of asset securitization is in the residential mortgage sector. Securitization in Indonesia so far has been discussed in terms of financial management and legal aspects. This article discusses about securitization in Indonesia in term of accounting perspective. The accounting aspects of securitization transactions are based on the occurrence or non-occurrence of the derecognition of the financial assets securitized (true sale in accounting). Asset securitization in Indonesia is carried out with the issuance of Asset-Backed Securities Collective Investment Contracts (KIK EBA) and Asset-Backed Securities in the form of Participation Certificate (EBA SP) with a total of 15 EBAs which are still traded at present. Eighty percent are residential mortgages backed securities (RMBS), the rest are non-RMBS. The accounting treatment of securitization transactions conducted by the originator and in the event of an accounting true sale and non-true sale are discussed, also the securitization accounting treatment for originator, Special Purpose Vehicle (SPV), and investors. Broader socialization is needed so securitization can be applied in various economic activities to benefit national development in Indonesia
11
Vernando, Andreas. "ACCOUNTING STANDARDS FOR FIXED ASSETS OF U.S. GAAP AND IFRS: COVID-19 PANDEMIC AND EARNINGS MANAGEMENT PERSPECTIVES." Berkala Akuntansi dan Keuangan Indonesia 6, no. 1SP (July 31, 2021): 122. http://dx.doi.org/10.20473/baki.v6i1sp.27735.
Full textAbstract:
FASB and IASB have differences in setting the accounting standard for fixed asset. The FASB does not allow firms to restore the asset value that has been written down, while the IASB allow companies to recover the asset values that has been written down. These differences have distinct implication to depict the COVID-19 pandemic phenomenon and prevent earnings management that will affect the qualitative characteristics of the faithful representation. Therefore, this study aims to analyze the fixed asset accounting standards of U.S. GAAP or IFRS which is more optimal to improve the faithful representation in the case of the COVID-19 pandemic and earnings management. Based on an analysis of the theory and literature review, this study conclude that the fixed assets accounting standard of IFRS is more optimal to represent the COVID-19 pandemic faithfully than that of U.S. GAAP. This is because IFRS allows for recovery of impairment losses. In addition, the fixed asset accounting standard of U.S. GAAP is more optimal than that of IFRS for preventing earnings management so as to improve the quality of faithful representation of the fixed asset value. This is because the fair value measurement for fixed assets involves estimation and subjectivity of the asset appraiser enhancing the possibility of earnings management.
12
Schipper, Katherine, and Teri Lombardi Yohn. "Standard-Setting Issues and Academic Research Related to the Accounting for Financial Asset Transfers." Accounting Horizons 21, no. 1 (March 1, 2007): 59–80. http://dx.doi.org/10.2308/acch.2007.21.1.59.
Full textAbstract:
A large number and cross-section of firms undertake financial asset transfers. The Financial Accounting Standards Board and the International Accounting Standards Board have been grappling with the appropriate accounting for financial asset transfers, especially with respect to derecognition—that is, when the assets should be removed from the transferor's balance sheet. This paper discusses the financial reporting issues surrounding financial asset transfers and summarizes the related academic research. It also discusses potentially useful future research that could provide insights for standard-setters and suggests some impediments to that research.
13
Lauma, Enda Baisida, Jenny Morasa, and Lintje Kalangi. "ANALISIS PENERAPAN STANDAR AKUNTANSI PEMERINTAH TERHADAP ASET TETAP PEMERINTAH DAERAH KABUPATEN BOLAANG MONGONDOW." ACCOUNTABILITY 5, no. 2 (December 31, 2016): 84. http://dx.doi.org/10.32400/ja.14427.5.2.2016.84-97.
Full textAbstract:
Government Accounting Standard have changed from Cash Basis is to comply with the Government Regulation number 24 2005s to Government Regulation number 71 2010s. Requirement to implemented Accrual basis SAP by the Local Government was start in the Local Government Financial Statement for the year ended on December 2015s. The District Government of Bolaang Mongondow, before implemented accrual basis PP 71/2010 always received non-WTP opinion, because of asset problems. The objective of the research is to analyze the implementation of Government Accounting Standard to Fix Asset on the District Government of Bolaang Mongondow. The result of research indicate that although the District Government of Bolaang Mongondow has implemented the SAP based on accrual basis on this fix assets based on regulation (PP 71/2010) at Local Government Financial Statement Budget Year 2015s, it is found that financial statement still have constraints such differences in recording those assets between accounting division and assets division. In addition, there is non-current asset which do not master by SKPD, there is no information regarding existing assets, and some assets are also not clearly described. Those constraints have caused to gain Qualified Opinion of LKPD 2015s as audited by BPK. Keywords : Implementation, Governmental Accounting Standard, Fix Asset.
14
Makurin, Andrii A., and Tetiana O. Tarasova. "Identification of the Real Value of Digital Assets for Accounting Purposes." Scientific Bulletin of Mukachevo State University Series “Economics” 8, no. 1 (March 24, 2021): 9–17. http://dx.doi.org/10.52566/msu-econ.8(1).2021.9-17.
Full textAbstract:
The study involves identifying approaches to estimating the real value of digital assets received by an enterprise, controlled by it, and accounted for at a particular cost. The main purpose of the study is to identify the parameters of estimating the value of the received asset from the type of operations (mining, barter). The study uses the method of description, which allowed to establish certain features of the accounting reflection of cryptocurrency in accounting depending on the type of transaction, recognition, and valuation of such an asset. The study analysed the main operations involving cryptocurrency. It is established that upon transactions with virtual currencies, cryptocurrency, digital assets, special attention should be paid to measuring the consumer value of certain goods (assets). Different approaches to the application of measuring the consumer value of assets are analysed. The possibilities of applying the main types of value are considered, it is established that none of them exhaustively covers the essence of measuring the consumer value of digital assets, virtual currency, and cryptocurrency. The introduction of a new type of value as attributive is proposed and substantiated. The main options for cryptocurrency valuation depending on transactions with such assets are disclosed and options for using a certain type of valuation are recommended. The study provides the calculation of the attributive value depending on certain types of operations. It is established that the proposed attributive value reflects a direct dependence on income and sales of the asset, the cost of such an asset, and its recognition for tax purposes. The study provides a real example of calculating and applying the attribute value of a Bitcoin Cash coin for reporting during the revaluation of an asset
15
王, 晶. "Forest Asset Accounting System Construction." Modern Management 05, no. 03 (2015): 37–43. http://dx.doi.org/10.12677/mm.2015.53006.
Full text
16
Gonin, V., E. Panchenko, E. Kibireva, and O. Nomokonova. "EFFICIENCY OF FIXED ASSETS REVALUATION AS A METHOD OF ASSET MANAGEMENT." Transbaikal state university journal 27, no. 3 (2021): 99–112. http://dx.doi.org/10.21209/2227-9245-2021-27-3-99-112.
Full textAbstract:
The method of asset management in connection with the development of the economic accounting system of financial and economic activity: accounting practices, practices, representation and compilation of accounting (financial) accounts of companies is described. This development is related to the use of international financial reporting standards, which are integrated into domestic practice. The aim of the study is to organize the effectiveness of fixed assets revaluation as an asset management method. To achieve the goal, the objectives are: to investigate the effectiveness of revaluation and impairment in the management of major funds; systematizing the overall stages of the method of assessing the value of fixed assets in revaluation and impairment; exploring opportunities to expand approaches to analyzing changes in balance sheet performance, financial performance reporting and financial performance in the asset management system. The object of the study is the cost of fixed assets. The authors have examined the method of revaluation and impairment, selected approaches to the study of the effectiveness of revaluation for the purpose of strategic and tactical asset management. The authors conclude that a comprehensive approach to asset management is needed when reevaluating the value of fixed assets. A comprehensive approach should be based on the development of revaluation and impairment techniques to analyze the effectiveness of the financial and economic system and balance sheet control and the financial performance report in strategic and tactical asset management
17
Shi, Wenquan. "Analyzing enterprise asset structure and profitability using cloud computing and strategic management accounting." PLOS ONE 16, no. 9 (September 30, 2021): e0257826. http://dx.doi.org/10.1371/journal.pone.0257826.
Full textAbstract:
The study expects to further exploring the role of asset structure in enterprise profitability, and analyze the relationship between them in detail. Taking the express industry as the research object, from strategic management accounting, the study uses edge computing and related analysis tools and compares the financial and non-financial indicators of existing express enterprises. The study also discusses the differences between asset structure allocation and sustainable profitability, and constructs the corresponding analysis framework. The results reveal that SF’s total assets are obviously large and the profit margin increases. While the total assets of other express enterprises are small, and the express revenue drops sharply. Heavy assets can improve the enterprises’ profitability to a certain extent. SF has a good asset management ability. With the support of the capital market, SF’s net asset growth ability has been greatly improved. The edge computing method used has higher local data processing ability, and the analysis framework has higher performance than the big data processing method. The study can provide some research ideas and practical value for the asset structure analysis and profitability evaluation of express enterprises.
18
Suprunova, E. A. "Digital financial assets as an object of accounting: Debating points." International Accounting 23, no. 3 (March 16, 2020): 297–313. http://dx.doi.org/10.24891/ia.23.3.297.
Full textAbstract:
Subject. This article discusses the issues related to the valuation of digital financial assets, their reflection on accounts and the relevant balance sheet item classification. Objectives. The article aims to identify the main areas of digital financial asset accounting development in the context of ongoing changes in Russian law, and assess if there is any possibility to use foreign practices in digital financial assets accounting. Methods. For the study, I used the methods of classification, analogy, comparison, logical research, and relevant scientific literature generalization. Results. The article provides a comparative characterization of possible options for categorizing digital financial assets as certain items of asset, as well as arguments in favor of or against the choice of an asset. It offers standard accounting transactions to reflect digital financial assets in accounts based on their channels of origin. The article also assesses the possibility of applying international practices of digital financial assets accounting. Conclusions and Relevance. Practical application of the results of the study is possible if the appropriate legislative framework is formed, which could determine the structure of regulation of different types of digital financial assets. The findings and conclusions presented in the article can be used by the scientific and business communities for further polemic. The results of the study are of a scientific nature and can be used in teaching the Accounting course.
19
Djamaluddin, Subekti, Santoso Tri Hananto, and Bandi. "Asset System Design Based on Accrual To Improvement Quality of Financial Information (A Case Study in the City of Pacitan)." International Journal of Management and Sustainability 3, no. 10 (February 28, 2015): 624–32. http://dx.doi.org/10.18488/journal.11/2014.3.10/11.10.624.632.
Full textAbstract:
Accrual-based accounting is implemented in Goverment Accounting standards now (Government Regulation No. 71 of 2010). In Regulation 71 of 2010 depreciation shall be conducted on all goods belonging to the State/Region. Therefore, asset systems are adequate to accommodate the asset depreciation. In addition, asset system is necessary because asset management of the State/Regional is not optimal according to the Financial Oversight Bodies (BPK). This reasearch aims to create a prototype system of asset system in local government with a case study on the Government Pacitan. This reasearch is able to provide a solution to the problem of assets with an adequate information system.
20
Semchyk, Vitaliy. "Some aspects of the organizational and legal problems of accounting and audit of intellectual property on roads." Legal Ukraine, no. 12 (December 19, 2019): 24–30. http://dx.doi.org/10.37749/2308-9636-2019-12(204)-3.
Full textAbstract:
The article shows certain organizational and legal aspects of accounting and auditing of intellectual property of Ukrzaliznytsia. After the conducted analysis of legal acts, author makes the conclusion that legislatively determined for the accountant task of accounting and auditing of intellectual property objects cannot ensure the effective capitalization of Ukrzaliznytsia from the commercialization of intangible assets. Despite the problems related to the cost of intangible assets at Ukrzaliznytsya, we have considered only one of them. These are the legal and organizational aspects of accounting and auditing of intellectual property objects. It is not possible to carry out a qualitative study of each of these problems within one article. The article clarifies who is responsible for the accounting and auditing of intellectual property at Ukrzaliznytsia. The key question – who should be responsible for accounting and audit of intellectual property at Ukrzaliznytsia – is the obvious answer. The Order of the Ministry of Finance of Ukraine approved the National Regulation (Standard) of Public Sector Accounting 122 “Intangible Assets”. From the name of the order it becomes clear that the accounting is carried out by the accounting department of the enterprise. In accordance with the said Regulation, an intangible asset may be recognized as an asset if it meets the set of criteria, namely: it can be identified; there is a likelihood that the public sector entity will receive future economic benefits associated with its use; its value can be reliably determined. Therefore, this study offers an author’s vision for solving this problem. Key words: accounting and audit of intellectual property, Ukrzaliznytsia, intangible assets, intellectual property management, commercialization of intellectual property.
21
Lysenko, Denis, and Leyla Akgün. "Analysis of the Efficiency of Using Assets Based on Accounting." Vestnik Volgogradskogo gosudarstvennogo universiteta. Ekonomika, no. 1 (April 2021): 168–80. http://dx.doi.org/10.15688/ek.jvolsu.2021.1.14.
Full textAbstract:
Considering the advance of technologies and methods aimed at improving the quality of management of the asset complex, new requirements for justifying the effectiveness of funds invested in assets are constantly appearing, they are constantly evolving and becoming more viable, which determines the theoretical and practical interest in the issues studied by the authors. The main purpose of the article is to offer methodological developments and recommendations for analyzing the effectiveness of the use of the asset complex by a research and production concern on the basis of financial statements, to identify reserves and give recommendations for more efficient usage of resources. The subject of the research is activities of an enterprise related to the management of the asset complex. In addition to the introduction of new methods of economic analysis, the authors also developed a generalized model for managing the asset complex in the form of a software product. This model was applied to two real research and production complexes, one of which is the largest Federal Research and Production Center Closed Joint Stock Company Research and Production Concern (Association) “Energia”. The developed model can be applied with the purpose of effective management of the asset complex by the largest industrial companies. The results of the research presented in this scientific article will allow specialists to improve the quality of analytical work in the field of economic analysis of enterprise assets and the search for reserves for their effective use.
22
Isti'anah, Isti'anah. "SISTEM INFORMASI MANAGEMEN DAN AKUNTANSI BARANG MILIK NEGARA DALAM PENERAPAN AKUNTANSI BERBASIS AKRUAL." JURNAL INFORMASI, PERPAJAKAN, AKUNTANSI, DAN KEUANGAN PUBLIK 6, no. 2 (May 8, 2019): 97. http://dx.doi.org/10.25105/jipak.v6i2.4485.
Full textAbstract:
<p class="Style3">One of mandate from Law No. 17/2003, which is one package of the State Finance Regulation, is the implementation of accrual accounting is believed to contain a better policy planning and a more informative approach to asset management. The reform of accounting practices in the government sector has strongly influenced property asset management. On a global scale, implementation of accrual basis as a way to bring the government believed to be more accountable and transparent in the use of resources and government policies in order to execute and perform the duties of State. Indonesia has implemented an asset management system of the State, namely Information Systems and Management of State Assets (SIMAK-BMN) which is part of the Agency Accounting System (SAI). SIMAK-BMN process acquisition of transaction, changes and removal of BMN to support Financial Accounting System (SAK) to Consolidated Balance Sheet. In addition, this system produces various reports, books, and cards that provide managerial information in the management of BMN. Administration activities and reporting of State Property by SIMAK-BMN is a standard in determining of value asset state which proper, correct and reliable. SIMAK - BMN besides supporting the implementation of the accountability, also provide various informations to the management public goods. One such issue is the relationship between accounting reform and asset management reform. This issue is a bundle of accounting issues: (1) how far should asset valuation on the balance sheet be pushed for real properties the government owns, (2) how does shifting to accrual-based accounting standards affect property accounting and management, and (3) how much importance should asset management policy attach to accounting rules?</p>
23
Kud, Aleksandr Aleksandrovich. "Comprehensive сlassification of virtual assets." International Journal of Education and Science 4, no. 1 (March 30, 2021): 52–75. http://dx.doi.org/10.26697/ijes.2021.1.6.
Full textAbstract:
Background: One of the problems of the modern lawmakers in different countries is that they try to regulate an object before they study the nature of its origin, which, logically, entails many errors regarding its definition in the legal framework. The absence of unified definitions and clear classification of virtual assets as tools for implementing the methods of financial and management accounting of property according to their fundamental and unique features makes it nearly impossible to determine the features of virtual assets important for legal regulation and, therefore, to enshrine them in laws and establish a proper legal framework. The paper is dedicated to solving a relevant and cross-discipline scientific and applied task of developing a comprehensive multilevel classification of virtual assets. Unlike the few existing classifications that focus on parts of the virtual asset phenomenon and selective methods of its implementation, the paper proposes an all-encompassing comparison of all known types of virtual assets, which confirms the comprehensiveness of the classification proposed in this paper. Purpose: To develop and substantiate a comprehensive and multilevel classification of known types of virtual assets, which allows solving the cross-discipline scientific and applied task of systematizing virtual assets for future development of a single approach to regulating relations, the objects of which are different types of virtual assets. Materials and Methods: In order to study the nature of virtual assets and develop a comprehensive classification, a set of scientific research methods has been used: analysis, including cause and effect analysis, synthesis, comparison, generalization, systematization and interpretation of results and induction. Results: The author describes a triune nature of virtual assets: technological, economic and legal, information and applied. This classification of virtual assets will allow determining promising tools for accounting of property and rights. Unlike other known approaches to differentiating virtual assets, where crypto-assets (or cryptocurrencies) were unjustified “leaders”, the author has distinguished the group of tokenized assets for the first time. This particular group, due to its direct relation to property, allows performing accounting as well as reaccounting of property and rights in modern digital accounting systems – decentralized information platforms based on the distributed ledger technology (blockchain), whereas this accounting cannot be performed using crypto-assets due to absence of direct relation to property. Out of virtual assets, the author distinguishes a digital asset and analyzes the semantic features of the term “digital asset”. The digital asset is based on a unique information resource as the original asset and on the property of derivativeness from the real asset, which greatly differentiates it from other types of virtual assets. All of that allows considering it as an effective tool for implementing the methods of financial and management accounting of property. Thus, owners of digital assets can use the new way of accounting of their property and personal non-property rights. Based on the properties of a digital asset, the author distinguishes other types of virtual assets: polyasset and monoasset, with the relevant examples. The author provides the characteristics of their features and structural components while comparing them to the features of digital assets and giving clear and well-known financial and legal analogies regarding the implementation of mutual obligations between parties to a traditional deal. The paper also contains the first systematization of seven properties and parameters of a tokenized asset and, therefore, description of properties of three variations of a tokenized asset: monoasset, polyasset and digital asset. This allowed presenting the varieties of virtual assets as a three-level classification based on the complexity of the nature of virtual assets. The author’s classification distinguishes seven types of virtual assets and contains their description. Conclusions: Overall, the proposed approach to classification allows giving a scientific answer to the question of how to compare the multitude of known virtual assets and how to relate them to the legal framework of a state. These developments will be useful for legislators in basically every country, financial, tax and banking state bodies, as well as private companies when keeping books and performing accounting of virtual assets in their business activity.
24
Kud, Aleksandr Aleksandrovich. "Kompleksna klasyfikatsiia virtualnykh aktyviv [Comprehensive сlassification of virtual assets]." International Journal of Education and Science 4, no. 2 (2021): 14–39. http://dx.doi.org/10.26697/ijes.2021.2.1.
Full textAbstract:
Background: One of the problems of the modern lawmakers in different countries is that they try to regulate an object before they study the nature of its origin, which, logically, entails many errors regarding its definition in the legal framework. The absence of unified definitions and clear classification of virtual assets as tools for implementing the methods of financial and management accounting of property according to their fundamental and unique features makes it nearly impossible to determine the features of virtual assets important for legal regulation and, therefore, to enshrine them in laws and establish a proper legal framework. The paper is dedicated to solving a relevant and cross-discipline scientific and applied task of developing a comprehensive multilevel classification of virtual assets. Unlike the few existing classifications that focus on parts of the virtual asset phenomenon and selective methods of its implementation, the paper proposes an all-encompassing comparison of all known types of virtual assets, which confirms the comprehensiveness of the classification proposed in this paper. Purpose: To develop and substantiate a comprehensive and multilevel classification of known types of virtual assets, which allows solving the cross-discipline scientific and applied task of systematizing virtual assets for future development of a single approach to regulating relations, the objects of which are different types of virtual assets. Materials and Methods: In order to study the nature of virtual assets and develop a comprehensive classification, a set of scientific research methods has been used: analysis, including cause and effect analysis, synthesis, comparison, generalization, systematization and interpretation of results and induction. Results: The author describes a triune nature of virtual assets: technological, economic and legal, information and applied. This classification of virtual assets will allow determining promising tools for accounting of property and rights. Unlike other known approaches to differentiating virtual assets, where crypto-assets (or cryptocurrencies) were unjustified “leaders”, the author has distinguished the group of tokenized assets for the first time. This particular group, due to its direct relation to property, allows performing accounting as well as reaccounting of property and rights in modern digital accounting systems – decentralized information platforms based on the distributed ledger technology (blockchain), whereas this accounting cannot be performed using crypto-assets due to absence of direct relation to property. Out of virtual assets, the author distinguishes a digital asset and analyzes the semantic features of the term “digital asset”. The digital asset is based on a unique information resource as the original asset and on the property of derivativeness from the real asset, which greatly differentiates it from other types of virtual assets. All of that allows considering it as an effective tool for implementing the methods of financial and management accounting of property. Thus, owners of digital assets can use the new way of accounting of their property and personal non-property rights. Based on the properties of a digital asset, the author distinguishes other types of virtual assets: polyasset and monoasset, with the relevant examples. The author provides the characteristics of their features and structural components while comparing them to the features of digital assets and giving clear and well-known financial and legal analogies regarding the implementation of mutual obligations between parties to a traditional deal. The paper also contains the first systematization of seven properties and parameters of a tokenized asset and, therefore, description of properties of three variations of a tokenized asset: monoasset, polyasset and digital asset. This allowed presenting the varieties of virtual assets as a three-level classification based on the complexity of the nature of virtual assets. The author’s classification distinguishes seven types of virtual assets and contains their description. Conclusions: Overall, the proposed approach to classification allows giving a scientific answer to the question of how to compare the multitude of known virtual assets and how to relate them to the legal framework of a state. These developments will be useful for legislators in basically every country, financial, tax and banking state bodies, as well as private companies when keeping books and performing accounting of virtual assets in their business activity.
25
Hartoko, M. Setiadi. "ASET TETAP." JURNAL AKUNTANSI, EKONOMI dan MANAJEMEN BISNIS 5, no. 1 (July 27, 2017): 121. http://dx.doi.org/10.30871/jaemb.v5i1.452.
Full textAbstract:
A current asset is a company asset that has a useful life of less than one year while fixed assets are assets of companies that have a useful life of more than one year. The research was conducted by analyzing, bibliographic data and question and answer to the officials related to the discontinuation of the use of fixed assets at PT IFCA Property365 Indonesia is done in two ways, that is by way of sale and eliminated / destroyed.serta accounting records in accordance with the rules of Indonesia financial accounting standards (PSAK).
26
Polukhina, S. A. "NOVATIONS OF LEGISLATION IN ACCOUNTING FIXED ASSET." Bulletin of Udmurt University. Series Economics and Law 32, no. 1 (January 25, 2022): 56–61. http://dx.doi.org/10.35634/2412-9593-2022-32-1-56-61.
Full textAbstract:
Innovations and changes of approaches in accounting of fixed assets in accordance with the new Federal Accounting Standards of the Russian Federation (FSB) are considered. Fixed assets (OS) represent a non-current assets including the material form of modern technologies and innovations used in the production process and directly affects the cost of manufactured products. Adequate reporting of fixed assets is important for users. The innovations of legislative are contained in two new standards - FSB 6/2020 «Fixed Assets» and FSB 26/2020 «Capital Investments», and represent current steps to harmonize the domestic accounting of fixed assets with international financial reporting standards (IFRS). The article analyzes in detail the current PBU 6/01 "Accounting of fixed assets", legislative innovations and the main approaches of IFRS in terms of accounting and reporting of fixed assets. Legislative changes are structured and analyzed. Special emphasis is placed on the elements of harmonization of accounting and financial reporting for determining the limit of the cost of fixed assets, revaluation of fixed assets, the procedure for calculating depreciation of fixed assets. The main conclusion based on the results of the study allows us to assert that the financial statements formed according to the new rules will be significantly closer to the financial data of the organization's financial statements presented under IFRS.
27
Indayani B. "Calculation of depreciation Fixed Assets based on Government Accounting Standards and their impact on Financial Statements." Point of View Research Accounting and Auditing 1, no. 3 (July 11, 2020): 43–48. http://dx.doi.org/10.47090/povraa.v1i3.34.
Full textAbstract:
This study aims to determine the calculation of depreciation of fixed assets based on Government Accounting Standards for Financial Statements. The calculation used is the calculation of depreciation of fixed assets at the Regional Financial and Asset Agency in Majene Regency. The data analysis method used is a qualitative descriptive analysis method through data triangulation. The results showed that the depreciation method used by the government was determined using the straight-line method. This method is considered the simplest method. Besides there must be data about the depreciated value, to calculate the depreciation must determine the useful life of each fixed asset. Reducing depreciation in Majene Regency's Regional Financial and Asset Agency (BKAD) for fixed assets in accordance with Government Accounting Standards. Calculating depreciation of fixed assets is very important and very influential on financial statements
28
Ningsih, Avita Nia, Wiwit Irawati, Harry Barli, and Angga Hidayat. "ANALISIS KARAKTERISTIK PERUSAHAAN, INTENSITAS ASET TETAP DAN KONSERVATISME AKUNTANSI TERHADAP TAX AVOIDANCE." EkoPreneur 1, no. 2 (August 26, 2020): 245. http://dx.doi.org/10.32493/ekop.v1i2.5291.
Full textAbstract:
This study aims to obtain empirical evidence about the influence of Company Characteristics, Intensity of Fixed Assets and Accounting Conservatism on Tax Avoidance. The independent variables used are Company Characteristics, Intensity of Fixed Assets and Accounting Conservatism. The dependent variable used is Tax Avoidance. The population in this study is mining companies listed on the Indonesia Stock Exchange in the 2014-2018 period. Samples collected by purposive sampling method. The number of companies sampled in this study were 13 companies. The method of analysis of this study uses multiple linear regression. The results of research conducted indicate that the variable Company Characteristics influence on Tax Avoidance, Fixed Asset Intensity has no effect on Tax Avoidance and Accounting Conservatism has no effect on Tax Avoidance. Simultaneously all free variables (Characteristics of Company, Fixed Asset Intensity and Accounting Conservatism) affect the Tax Avoidance.Keywords: Company Characteristics; Fixed Assets Intensity; Conservatism Accounting; Tax Avoidance.
29
Mustika, Rasyidah. "Evaluasi Penatausahaan Aset Tetap Pemerintah Kota Padang." Akuntansi dan Manajemen 10, no. 1 (June 1, 2015): 58–68. http://dx.doi.org/10.30630/jam.v10i1.112.
Full textAbstract:
This research aims to evaluate the suitability of fixed assets on government administration of Padang city concerning the administration by Permendagri 17 on 2007 and the constraints of fixed assets in the administration of the Padang City. This research is a case study with a descriptive analysis techniques. Data collection techniques are by interview, observation and documentation. The evaluation is to evaluate the implementation of fixed asset accounting, fixed asset inventory, fixed asset reporting, and completeness of filling fixed asset documents.The result shown that the administration of fixed assets of Padang City have not achieve yet the degree of compliance in about 100%, because the average both evaluation of the accounting, inventory, reporting and completeness of the filling documents produced the degree of conformity in about by 62% or categorized as suitable category of Permendagri No. 17 on 2007. Un-maximum implementation of the government administration of Padang city is because there are many obstacles in the administration, such as limited data that support the fixed assets, socialization of the administration of the assets that is still weak, the limitation of human resources, and lack of adequate compensation for the welfare of employees in the field of assets administration.
30
Botosan, Christine A., and Adrienna A. Huffman. "Decision-Useful Asset Measurement from a Business Valuation Perspective." Accounting Horizons 29, no. 4 (April 1, 2015): 757–76. http://dx.doi.org/10.2308/acch-51141.
Full textAbstract:
SYNOPSISThis article proposes an approach to asset measurement rooted in business valuation theory and practice. In the context of a business valuation, investors' information needs and the asset measurement investors find useful vary with the manner in which the assets are expected to realize value for the firm. After reviewing arguments made in economic and accounting theory, accounting research, accounting standards, and practitioner and business valuation literature, we conclude that for in-exchange assets, investors need to determine the value expected to be realized in exchange. Exit price in a hypothetical market exchange (i.e., fair value) less expected costs to sell provides investors with decision-useful information in this regard; replacement cost and historical cost do not. For in-use assets investors require information useful in forecasting cash flows generated by using such assets in combination. Based on arguments and data presented in the aforementioned literature, we conclude that historical cost generally provides investors with decision-useful information for forecasting purposes; fair value does not. In addition, replacement cost can provide decision-useful information provided holding gains and losses are separately disclosed, but its decision-usefulness can be constrained by verifiability concerns.
31
METELYTSYA, Volodymyr, and Natalia KOVAL. "PROBLEMATIC ASPECTS OF ACCOUNTING FOR NON-CURRENT AND CURRENT TANGIBLE ASSETS IN BUDGETARY INSTITUTIONS." "EСONOMY. FINANСES. MANAGEMENT: Topical issues of science and practical activity", no. 3 (53) (September 25, 2020): 193–204. http://dx.doi.org/10.37128/2411-4413-2020-3-15.
Full textAbstract:
This article examines the current state of accounting support for current and non-current tangible assets in budgetary institutions. The analysis of the receipt of non-current tangible assets allowed us to focus on the issue of stagnation of the value criterion when assigning the asset to fixed assets or other non-current tangible assets. The application of the value criterion is currently an imperfect method of grouping non-current tangible assets by classification groups, because the definition of an asset in some cases depends on the supplier's taxation system. The definition of this problem allowed to suggest ways to solve it, where the first proposal is to refuse to separate value added tax from the price of the asset, and the second is to determine the asset by groups based on its properties without reference to its value. Each of the proposed proposals has its advantages, but given the inflationary factors and the instability of economic processes, the grouping of non-current tangible assets should be done by analyzing the characteristics, properties of the asset without reference to its value. The second part of this article is devoted to the study of the method of disposal of stocks received as a result of intra-departmental movement within the authorized body. It is established that this type of stocks has its own specifics associated with its receipt in the field of management and use in the activities of budgetary institutions. Taking into account these factors, the article proposes to legislate the disposal of this type of stock only by using the method of identified cost of the relevant unit of stock. This will ensure the reliability of the financial and budgetary reporting not only in a particular budgetary institution, but also in general by the authorized body. The proposed improvements in the accounting of non-current and current tangible assets will improve the financial and budgetary reporting of budgetary institutions, bring budgetary accounting to international and European standards, as well as improve the quality of planning in budgetary institutions.
32
Zufriya, Chilma, Negina Kencono Putri, and Yusriati Nur Farida. "Pengaruh Biological Asset Intensity, Konsentrasi Kepemilikan Dan Profitabilitas Terhadap Pengungkapan Aset Biologis." JAS (Jurnal Akuntansi Syariah) 4, no. 2 (December 16, 2020): 271–82. http://dx.doi.org/10.46367/jas.v4i2.252.
Full textAbstract:
Agricultural companies need to disclose biological assets because biological assets are the main assets owned by the company. Some factors that influence the disclosure of biological assets include biological asset intensity, ownership concentration, company size, type of public accounting firm, and profitability. The purpose of this study is to examine and analyze the effect of Biological Asset Intensity, Ownership Concentration, and Profitability on Biological Asset Disclosure. This research is a type of quantitative research and the data source used is secondary data in the form of annual financial statements of agricultural companies for the period of 2016 to 2018. The data analysis technique used is descriptive statistics and regression analysis. Based on the results of research and data analysis shows that biological asset intensity does not affect disclosure of biological assets; concentration of ownership does not affect disclosure of biological asset; profitability does not affect disclosure of biological asset.
33
Ragan, Joseph M. "Star Enterprises Inc: Getting Control of Your Fixed Assets." Journal of Business Case Studies (JBCS) 4, no. 2 (June 27, 2011): 71. http://dx.doi.org/10.19030/jbcs.v4i2.4757.
Full textAbstract:
Investment in fixed assets constitutes the largest part of the asset side of the balance sheet. This paper looks at the processes to create, purchase, manage, and evaluate the value and effectiveness of fixed assets using an SAP R/3 Resource Planning System. The case can be used to discuss a variety of issues associated with Asset accounting. This case is appropriate for an undergraduate course in accounting informational systems and/or intermediate accounting. The case does require access to an SAP R/3 server, and some knowledge of how to navigate the SAP R/3 system. The scenario uses the current version (ECC6.0) of SAP available to members of the SAP University Alliance.
34
Piercy, Nigel. "Marketing Asset Accounting: Scope and Rationale." European Journal of Marketing 20, no. 1 (January 1986): 5–15. http://dx.doi.org/10.1108/eum0000000004625.
Full text
35
Piercy, Nigel. "Marketing Asset Accounting: The Way Forward?" European Journal of Marketing 20, no. 1 (January 1986): 104–6. http://dx.doi.org/10.1108/eum0000000004632.
Full text
36
Li, Qingyuan, and Li Xu. "Asset specificity and conditional accounting conservatism." Journal of Business Finance & Accounting 45, no. 7-8 (February 1, 2018): 839–70. http://dx.doi.org/10.1111/jbfa.12308.
Full text
37
John, Kose, Teresa A. John, and Haim Reisman. "Accounting data and asset valuation: Theory." Review of Quantitative Finance and Accounting 4, no. 4 (December 1994): 311–20. http://dx.doi.org/10.1007/bf01078801.
Full text
38
Wang, An. "Research on Accounting Treatment and Information Presentation of Enterprise Data Assets." E3S Web of Conferences 251 (2021): 01054. http://dx.doi.org/10.1051/e3sconf/202125101054.
Full textAbstract:
In the process of rapid development of big data technology, the digital technology revolution is developing faster and faster. In the context of big data, the data resources of enterprises have been equipped to become data assets. The corporate financial accounting system requires effective accounting treatment and information presentation of data assets. This is a problem that must be addressed in the current corporate development process. This article researches and analyzes the accounting treatment of enterprise data assets and the related content of information presentation. The author also discussed the specific characteristics of data assets in the course of enterprise operation, and how to strengthen the classification research work of data assets. This can improve the effectiveness of the data asset information presentation model, and provide a reference for similar enterprise data asset business and related information disclosure. This is also conducive to give full play to the value discovery function of accounting information in the development process of the enterprise, and reduce the problem of asymmetry of internal and external information.
39
Попов and Alexey Popov. "Revaluation of Fixed Asset and Its Accounting: Near-Term Outlook." Auditor 2, no. 9 (September 25, 2016): 28–34. http://dx.doi.org/10.12737/20518.
Full textAbstract:
Th e article is devoted to questions of revaluation of fi xed asset in fi nancial accounting. Th e eff ective procedure of
recognition of revaluation of fi xed asset in accordance with Book-Keeping Regulations “Asset accounting”, Methodological
instructive regulations for asset accounting and Project of Federal Standard of Accounting “Fixed Asset” is considered.
40
Ali Butt, Safdar. "REVISITING HRA / HRR PREPOSITION: HOW TO BRING HUMAN RESOURCE ASSET INTO BALANCE SHEET." Jinnah Business Review 5, no. 1 (January 1, 2017): 77–84. http://dx.doi.org/10.53369/kdzr9647.
Full textAbstract:
While most firms acknowledge the importance of their human resource assets, no firm has as yet tried to show it in its balance sheet. This is due to three main problems: firstly, the absence of a generally acceptable measurement of the value of this asset; secondly, the apparent breach of existing accounting standards and thirdly the possible tax implications. This article offers a solution to all these problems. The author proposes that the financial value of Human Resource Asset should be equal to the excess of NPV of a firm with existing staff over NPV of the same firm computed on the assumption of having an average quality of staff. Once measured, this asset can be brought to books through a formal accounting entry, debiting Human Resource Asset (to be shown in the Balance Sheet as an intangible asset) and crediting Human Resource Reserve (to be shown in the balance sheet as a non-distributable part of equity). The author also proposes periodic adjustment and prescribes accounting treatment for the same.
41
Nagel, Stefan, and Amiyatosh Purnanandam. "Banks’ Risk Dynamics and Distance to Default." Review of Financial Studies 33, no. 6 (October 17, 2019): 2421–67. http://dx.doi.org/10.1093/rfs/hhz125.
Full textAbstract:
Abstract We adapt structural models of default risk to take into account the special nature of bank assets. The usual assumption of lognormally distributed asset values is not appropriate for banks. Typical bank assets are risky debt claims with concave payoffs. Because of the payoff nonlinearity, bank asset volatility rises following negative shocks to borrower asset values. As a result, standard structural models with constant asset volatility can severely understate banks’ default risk in good times when asset values are high. Additionally, bank equity return volatility is much more sensitive to negative shocks to asset values than in standard structural models.
42
Yulistia M, Resti, Nurul Dwi Septiyani, Arie Frinola Minovia, and Yunilma Yunilma. "Leverage, Arus Kas Operasi, Ukuran Perusahaan, Intensitas Aset Tetap dan Revaluasi Aset Tetap." Wahana Riset Akuntansi 9, no. 1 (April 30, 2021): 1. http://dx.doi.org/10.24036/wra.v9i1.111817.
Full textAbstract:
Since Indonesian accounting standards allow companies to choose between cost model and revaluation model on their fixed asset, there are still few companies that revalued their assets. This study examines what factors make banking companies choose to revaluate fixed asset, that are contracting factors (leverage, operating cash flow), political factors (firm size) and asymmetry information (intensity of fixed assets). By using logistic regression, the result of this study showed that firm size and fixed asset intensity had a positive effect on the company choice to revaluate fixed assets, while leverage had a negative effect on fixed asset revaluation. This study support early research with regard to contracting, political cost and asymmetry information. This study failed to find the effect of operating cash flow on fixed asset revaluation. Based on the results of this study, banks should consider leverage, company size and the intensity of fixed assets more than cash flow when choosing to revaluate fixed assets. Keywords: Leverage; Operating Cash Flow; Size Firm; Fixed Asset Intensity; Fixed Asset Revaluation
43
Aliffatun, Annisa, and Lailatus Saadah. "Pengaruh Intensitas asset Biologis, Ukuran Perusahaan dan Konsentrasi Kepemilikan Manajerial Terhadap Pengungkapan Asset." JIATAX (Journal of Islamic Accounting and Tax) 3, no. 1 (July 11, 2020): 1. http://dx.doi.org/10.30587/jiatax.v3i1.1525.
Full textAbstract:
This study aims to test and analyze the factors that influence the disclosure of biological assets. The factor studied include biological asset intensity, company size, and managerial ownership concentration. Analyzes the practice of disclosure of accounting in agriculture to biological assets based on PSAK 69: Agriculture. The study was conducted on 19 mining companies for 3 years (2016-2018) and the number of data as much as 57 samples were obtained using a purposive sampling technique. The collected data is analyzed using classical assumptions and multiple regression. Based on this study, it was concluded that of the three variables used in the study, there were two variables namely company size and managerial ownership concentration that affected the disclosure of biological assets. While the intensity of biological assets does not affect the disclosure of biological assets.
Keywords: Biological Assets, Biological Asset Intensity, Company Size, Managerial Ownership Concentration, Biological Asset Disclosure.
44
Syed Ali, Sharifah Sabrina, Sharon Cheuk Choy Sheung, and Mohd Waliuddin Mohd Razali. "Case Study in a Malaysian Public Agency on an Asset Management-Moving Towards the Accrual Basis of Accounting." Accounting and Finance Research 8, no. 3 (July 26, 2019): 149. http://dx.doi.org/10.5430/afr.v8n3p149.
Full textAbstract:
As part of the strategic reform of Malaysian public services under the Government Transformation Program (GTP), accrual accounting is expected to be fully adopted in public sector financial reporting commencing on 1 January 2015, in order to ensure alignment with the global accounting standards. Consequently, in order to access the government effectiveness of moving towards the accrual basis of accounting, this study is to examine the asset management system in a Malaysian public agency; to evaluate the extent of compliance with MPSAS 17, Property, Plant and Equipment (PPE), IPSAS 26, Impairment of Cash-Generating Assets and IPSAS 21, Impairment of Non-Cash Generating Assets. Using qualitative approach, a preliminary study was conducted via interviews and through obtaining documents. The findings include the following: MPSAS17 has not been strictly adhered to and software is used to monitor the assets; however, the disposal of assets is a manual process and is not automated. The study also discussed any weaknesses pertaining to the said asset accounting system, and suggested recommendations for improvement thereon.
45
Wilson, Paula A., and Fern Zabriskie. "When the Gold is Gone: Reporting of Asset Retirement Obligations for the Ultimate Cleanup of Closed Mining Operations." Accounting and the Public Interest 10, no. 1 (January 1, 2010): 57–87. http://dx.doi.org/10.2308/api.2010.10.1.57.
Full textAbstract:
ABSTRACT: Hardrock mining companies contribute positively to the U.S. economy. However, they also cause serious degradation to the surrounding environment. According to the Environmental Protection Agency, hardrock mining companies are among the greatest polluters in the United States. Mining companies are responsible for satisfying legal obligations arising under environmental laws that include cleanup and exit costs for all mines shut down. These environmental liabilities are called asset retirement obligations and under FAS No. 143, U.S. mining operators are required to recognize their asset retirement obligations upon acquisition or construction of their mines. In this paper, we examine the financial reporting for asset retirement obligations for gold mining companies. Based on a simple ratio analysis, it appears that top U.S. gold mining operators have sufficient financial resources to meet their future asset retirement obligations. However, when we conducted sensitivity analysis to exclude intangible assets and to adjust the value of the asset retirement obligations, we found that firms are not likely to have sufficient financial resources to meet their obligations. Current financial assurance mechanisms do not consistently and effectively result in firms meeting their asset retirement obligations. As a result, U.S. taxpayers can be left with the costs of cleanup and reclamation.
46
LIUBAR, Oksana. "ACCOUNTING SUPPORT OF THE FINANCIAL ASSET MANAGEMENT AT THE ENTERPRISE." "EСONOMY. FINANСES. MANAGEMENT: Topical issues of science and practical activity", no. 4 (44) (April 2019): 116–30. http://dx.doi.org/10.37128/2411-4413-2019-4-14.
Full textAbstract:
Financial assets are one of the key categories of the financial world. Different segments of the financial market (credit, stock, currency, financial services market) are characterized by different categories of financial assets, the circulation of which mediates the movement of funds both within the country and abroad. Effective movement of financial resources nationally or internationally is performed under involvement of financial assets. As a rule, obtaining or control of financial assets determines the motivation of participants of the financial or commercial transactions. The essence of financial assets as an economic category is revealed. The main characteristics of the financial asset are presented. It is established that financial assets for accounting purposes should be defined as money and their equivalents; long-term and current financial investments; accounts receivables for products (goods), services, bills received; accounts receivable for the purchase of financial investments, accounts receivable under loan agreements. Special attention is paid to the procedure of accounting of financial assets at the enterprises, covering the process from the initial registration of the economic information to reporting.
47
Pattawe, Abdul, Muhammad Ikbal Abdullah, Fikry Karim, Abdul Kahar, Muhammad Din, Femilia Zahra, Andi Chairil Furqan, and Dewa Made Adi Dharma. "Improving Regional Financial Management through Administration of Regional Property and Financial Reporting on Regional Assets." Research Horizon 2, no. 1 (February 28, 2022): 283–94. http://dx.doi.org/10.54518/rh.2.1.2022.283-294.
Full textAbstract:
Local government financial management mechanisms have continued to undergo significant changes in recent years. This article seeks to reveal the process and analysis of academic activities to support the performance of the regional financial and asset management office as a form of assistance and understanding of regional financial and asset management as a form of knowledge. This activity was carried out at the Regional Financial and Asset Management Agency of Central Sulawesi Province, starting with the provision of a pre-test before socialization or presentation of material then interactive discussions between the service team and service participants. Participants were given a post-test afterwards. The ultimate goal of this activity is the transfer of knowledge possessed by the service team in the field of accounting, especially accounting for fixed assets in the field of government accounting, to managers of regional property and regional assets of Central Sulawesi Province. It is hoped that the government team can carry out better administration, bookkeeping and preparation of financial reports. Empirical analysis is also presented in this research.
48
Travassos, Silvana Karina de Melo, José Carlos de Lacerda Leite, and Jose Isidio de Freitas Costa. "Contingent Valuation Method and the beta model: an accounting economic vision for environmental damage in Atlântico Sul Shipyard." Revista Contabilidade & Finanças 29, no. 77 (February 19, 2018): 266–82. http://dx.doi.org/10.1590/1808-057x201802900.
Full textAbstract:
ABSTRACT The objective of this paper is to apply the beta model as an alternative to the Valuation Method in order to estimate the environmental asset Willingness to Pay (WTP) so that the Tribunal de Contas do Estado de Pernambuco (TCE/PE) can supervise the Atlântico Sul Shipyard (ASS) as a negative environmental externality, which is discussed here from an accounting perspective. Our methodology is exploratory, and the beta regression model was used in the contingent valuation to estimate the environmental asset. The results allowed estimating the value of the Ipojuca mangrove at US$ 134,079,793.50, and the value of the environmental damage caused by the shipyard to the public asset was valued at US$ 61,378,155.37. This latter value is object of interest to the inspection body. However, the final estimated value of the Ipojuca mangrove prompts a discussion about the implications from an accounting point of view, such as the attribution of monetary value to a public asset that does not have a financial value, problems regarding the conceptualization and valuation of public assets for governmental patrimony. It is concluded that the beta regression model to estimate the WTP for contingent valuation will serve as a contribution to the research on accounting measurement techniques for public assets.
49
Widati, Suryan, Iwan Triyuwono, and Eko Ganis Sukoharsono. "Kajian Kritis Feminist Posmodernis dalam Formulasi Aset Mental Organisasi Feminis Religius." Jurnal Reviu Akuntansi dan Keuangan 2, no. 1 (May 1, 2012): 173. http://dx.doi.org/10.22219/jrak.v2i1.700.
Full textAbstract:
The aim of this research is to explore the meaning of assets in context of syariah accounting theory. This research uses critical paradigm as one of methodology in the qualitative method. The exploration is conducted by the board of leader “Persyarikatan Aisyiyah”as religious organization. It is in line with the purpose in syariah accounting theory to gaining God Consciousness in the accountant self. The results of the research find out different assets meaning. This is compatible with reality hierarchy in Syariah Accounting Theory that claiming not only material but also psychical (mental) reality. By participant observation and interview, this research find out some form that knowing as mental assets. This kind of meaning appear in Aisyiyah board of leader which is meant by activator doing religion order, in the form of wish or desire to do God’s order - Amar Ma’ruf Nahi Munkar (AMNM)- which is force Aisyiyah leader to do Altruism social action. This kind of assets are expected to be appear to reduce destruction as consequence modern accounting masculinity that claim asset meaning only as material one.
50
Soleiman, Iriany Dewi. "Perlakuan Akuntansi untuk Aset Bersejarah pada Situs Bung Karno Kabupaten Ende." Analisis 18, no. 2 (March 31, 2020): 27–40. http://dx.doi.org/10.37478/analisis.v18i2.297.
Full textAbstract:
This research aims to determine the accounting treatment for historical assets on the site of the PSAP of the Bung Karno Ende reviewed from 2010 (in terms of recognition, measurement, presentation and historical asset disclosure) this research is a Qualitative research using a case study approach to the Financial Management Agency and the regional assets of Ende Regency. Data collection is done using observation methods, interviews and documentation. Data analysis techniques used are qualitative descriptive.
The results of this study showed that the regional Asset Finance Management Agency (BPKAD) Ende Regency, has not implemented the accounting treatment of historical assets of the site of Bung Karno in accordance with PSAP No. 07 year 2010. It can be seen as follows, BPKAD recognizes the site of Bung Karno is a historical asset is not a obligation because it has historical value and it is difficult to estimate the period of its benefits, but in terms of historical asset measurement of the site of Bung Karno judged only Buildings and buildings but the historical values have not been presented with zero value and are not disclosed in the records of the financial statements.