This research aims to analyze the financial performance of non-profit organizations. The method used is a qualitative type of literature approach, namely by comparing and evaluating concepts obtained ...from documents in the form of profit organization financial report data and references from books, journals, magazines and financial data from official websites of profit organizations. The results of this research can be calculated as GPM NPM. ROA and ROE. An organization's financial condition can be said to be by OJK standards if it meets the criteria for profitability ratios in profit organizations. In the 2018-2022 period, profit organizations experienced fluctuations in financial performance in the profitability aspect. This can be seen based on the calculation of ROA, ROE, and NPM over the last five years; namely, the average data obtained is ROA of 0.02%, ROE of 0.48%, NPM of 4.94%, and GPM of 0.9%. This data shows that profit organizations still need to meet the financial performance assessment standards set by Bank Indonesia.
Purpose: this study aims to measurement the role of the mediating of performance evaluation according to the Balanced Scorecard (BS) in the relationship between internal control (IC) and the ...financial reports quality (FRQ) in Iraqi commercial banks.
Theoretical framework: The general framework of the study includes three variables, including performance evaluation according to the BS, in the relationship between IC and the FRQ.
Design/methodology/approach: We are used the descriptive-analytical approach. Iraqi commercial banks were identified as a research community, Banks (Bank of Baghdad, Commercial Bank of Iraq, and the Iraqi Investment Bank). It required a survey of the opinions of managers and workers in the banks under study from accountants and auditors, the research sample was represented (managers in all banking departments, consultants, accountants, auditors), (245) forms were distributed and retrieved from them (224) valid for analysis.
Findings: The results showed existence of a significant effect of internal control system (ICS) in enhancing the FRQ.
Research, Practical & Social implications: The use of the BS as a tool can enhance IC and improve the quality of financial reporting for the banks under study.
Originality/value: A few studies investigated the relationship between the studied variables, our study contributes to filling part of the research gap related to the research variables.
This PPM report aims to provide an effective solution in overcoming the main problems faced in the process of recording Infaq Reports and going in and out of the mosque treasury, namely the Al ...Khoiriyah Mosque. The manual recording process takes quite a lot of time and uses a ledger to write down incoming cash flows. Apart from that, the problem of conveying information is still simple. The specific goals and targets to be achieved in this community service activity are the Implementation of the Al Khoriyah Mosque Financial System: The Al Khoiriyah Mosque Financial System will be used by the Al Khoiriyah Mosque to record financial reports such as infaq reports and incoming and outgoing mosque cash funds. This system replaces the manual method of using the mosque cash book which is currently used. The methods that will be used to achieve goals and targets are information collection, financial system preparation, outreach or training, evaluation and system improvement.
This community service program aims to increase partners' understanding and ability to prepare financial reports, taxation, and marketing strategies in the digital era. The method of implementing the ...service program was to carry out counseling. The implementation of activities was divided into six stages: situation analysis, formulating problems, proposing several solutions, designing programs, implementing programs, evaluating program results, and reporting. The partner of this program was the owner and craftsman of the kepeng money at UD Kamasan Bali. The instruments of this program were questionnaires and interviews. The service activity results showed that (1) there was an increased understanding of preparing financial statements based on SAK EMKM, (2) partners complied with applicable tax rules and could report Individual Taxpayers' Period and Annual Tax Returns (SPT), and (3) partners could use digital media properly and maximize the use of product e-catalogs.
The present study explored the impact of meeting the international financial reporting standards (IFRS) on the quality of financial reports in Jordanian construction companies. Those standards are ...represented in recognition, measurement, and disclosure). The descriptive-analytical approach was adopted by using a questionnaire. This questionnaire sheds light on the variables and dimensions of the present study. The population consists of all the auditors practicing the profession (407 auditors). A random sample was chosen from the population. It consists of 196 auditors. It was found that meeting the international financial reporting standards (IFRS) No. 15 has a significant impact on the quality of financial reports in Jordanian construction companies. The researcher of the present study recommends providing more attention to the disclosure of information about the revenues derived from the contracts in a manner separate from the other revenues. He recommends providing more attention to the disclosure of information about the derived assets, such as the contract costs. He recommends increasing the procedures taken for disclosing the data related to guidelines and the provisions applicable to customers and companies. He recommends showing more attention to meeting the international financial reporting standards (IFRS) No. 15 due to their positive impacts on the Jordanian construction companies.
This community service program aims to improve the ability of partners in compiling financial reports in accordance with applicable standards, increase the ability of partners to use digital ...marketing, and increase understanding about maintaining health when work in building stores. The implementation method is by providing training, counseling and mentoring. Subject in this program is Artha Guna Sasih’s owners and employees. Instrument of this program is using the shared questionnaire before and after execution. The evaluation stage is carried out by seeing whether there is an increase in understanding of the non-collectible receivables, the financial management field will provide counseling on how to do good marketing by utilizing digital marketing and the medical field will provide counseling on how to maintain health in the midst of a pandemic and hazardous substances contained in building materials such as cement. The results of the service will provide counseling on how to make non-collectible receivables, the financial management field will provide counseling on how to do good marketing by utilizing digital marketing and the medical field will provide counseling on how to maintain health in the midst of a pandemic and hazardous substances contained in building materials such as cement.
The objective of the present study is to measure the impact of blockchain technology on financial reports. The study utilizes a time series analysis covering eleven commercial banks listed on the ...Amman Stock Exchange from 2009 to 2019. Two key measures, namely other operating expenses and customer deposits are employed in the Return on Assets (ROA). The findings indicate that blockchain technology can be quantified by 0.038 of other operating expenses. However, there are no discernible indications of measuring blockchain technology through customer deposits. The study suggests that blockchain technology is a double-edged sword; when not utilized as required, it leads to increased expenses, and conversely, its effective exploitation can have cost-reducing effects. In other words, operational inefficiencies or heterogeneity are associated with elevated costs associated with implementing blockchain technology. Doi: 10.28991/HIJ-2024-05-02-014 Full Text: PDF
The cultural system and integrated reporting García-Sánchez, Isabel-María; Rodríguez-Ariza, Lázaro; Frías-Aceituno, José-Valeriano
International business review,
10/2013, Volume:
22, Issue:
5
Journal Article
Peer reviewed
► We propose that holistic business transparency is determined by stakeholders’ cultural values. ► Integrated report provides a statement of how the organisation operates and how it creates and ...maintains value. ► Interest groups, in countries most oriented towards the common good, tend to improve the comparability and usefulness of the information. ► Firms with greater growth opportunities are less transparent in order to obtain benefits associated to problems of information asymmetry.
The complexity of the business world has led to growing demands being made of companies regarding the information provided on their financial performance, management, corporate governance and sustainability record. In response, some leading companies have begun to publish integrated reporting, in the form of a document providing a coherent summary of this information, thus facilitating decision-taking by different stakeholders.
The aim of this study is to examine the impact of the Hofstede national cultural system, which is representative of the values of local stakeholders, on integrated reporting, in comparison with the provision of various unrelated documents on corporate performance. The results obtained show that companies located in societies with stronger collectivist and feminist values are in the vanguard of information integration.
This research aims to examine the influence of company scale, ownership composition, and level of market concentration on the quality of financial reports of manufacturing companies listed on the ...Indonesia Stock Exchange (BEI). The data used comes from the annual financial reports of 120 companies during the 2015-2017 period. The purposive sampling method was used for sample selection. The results of data analysis show that there is a significant correlation between independent variables and the quality of financial reports. The results of the regression test show that company scale, ownership composition, and level of market concentration significantly influence the quality of financial reports. These findings indicate that companies with large size, consolidative ownership structures, and market dominance tend to produce higher quality financial reports. The implications of this research highlight the importance of good information management in a business context, as well as the need for transparency and accountability in corporate financial reporting.
