The purpose of this paper is to review the efficient market mechanism. A market can be said to be... more The purpose of this paper is to review the efficient market mechanism. A market can be said to be efficient if the market can react quickly and accurately to the information available. Finally, this paper explain the three form of efficiency market. The three form are weak form, semi-forms and strong from.
This research article examines accounting statements from the perspective of genre analysis and l... more This research article examines accounting statements from the perspective of genre analysis and language usage. By applying genre theory and linguistic analysis, we aim to explore the various language viewpoints employed in the construction of accounting statements and their implications for financial communication. Through a comprehensive review of relevant literature and a qualitative analysis of a sample of accounting statements from several Europe countries, US, Asia and Africa, we identify and categorize different genres within the accounting domain. We investigate how the choice of language structures, lexicon, and rhetorical devices within these genres influence the representation of financial information and shape the perceptions of stakeholders. In addition, we investigate the potential impact of linguistic differences in accounting statements on information transparency, correctness, and comprehensibility. The study's findings contribute to a better understanding of th...
Long-term investments is non-current liabilities that challenge decision of the company to look i... more Long-term investments is non-current liabilities that challenge decision of the company to look into the far future. Existing future studies often build upon a rational idea of decision making that does not help to explain why decision makers anticipate the future. This article proposes to tell us about many types of long-term investment and other components that makes long-term investment is important for company's future. Special attention is given to understanding the advantages of having long-term investment.<br>
Purpose – This study aims to make modeling measurement risk in capital market variables. Design/m... more Purpose – This study aims to make modeling measurement risk in capital market variables. Design/methodology/approach – Using Mathematical approaches to integrated a noticeable increase in the firm-level idiosyncratic risk, the volatility measure of coeficient is greater and has a stronger upward trend than the new idiosyncratic volatility measure. Findings – Using the the model decomposing total risk in market variance extended by Bali et.al, we integrated the model with initial model, Fama-French idiosyncratic risk Model, we sugested new model: Rit -RFt = ai + bi (R Mt R Ft) + var.HLt+ var.SBt +Var.MW +Var.RW+ Var.CMA + ei Originality – This paper introduces a variance measure of aggregate idiosyncratic risk, which does not require estimation of market betas or correlations and is based on the concept of gain from portofolio diversification. Keywords: Idiosyncratic Risk, New Model Paper Type Research Result
Penelitian ini bertujuan untuk menginvestigasi pengaruh dari karakteristik dewan direksi yang ter... more Penelitian ini bertujuan untuk menginvestigasi pengaruh dari karakteristik dewan direksi yang terdiri dari ukuran, aktivitas, gender, dan pengalaman dewan direksi terhadap kinerja keuangan. Populasi penelitian berupa perusahaan non keuangan yang terdaftar di Bursa Efek Indonesia pada tahun 2017 sampai dengan 2019. Pemilihan sampel menggunakan teknik purposive sampling. Data penelitian berasal dari laporan tahunan perusahaan. Hasil penelitian menunjukkan karakteristik dewan direksi berupa ukuran dan aktivitas memiliki perngaruh positif dan signifikan terhadap kinerja keuangan. Namun, karakteristik dewan direksi berupa gender dan pengalaman tidak memiliki pengaruh signifikan terhadap kinerja keuangan.
This study aimed to investigate the influence: financial information for the making of ethical de... more This study aimed to investigate the influence: financial information for the making of ethical decision, ethical ideologies, ethical climate, professional ethics, and commitment to the profession. The research data obtained through a survey method to the auditor on Public Accountant Firm and Analysis of data using the IBMSPSS program with a simple regression test and test Moderated Regression Analysis (MRA). The results of statistical tests indicate that the sixth hypothesis is accepted. Financial information has a positive and significant impact on ethical decision-making auditor. However, the effect is small and a set of other factors not included in the model. These five variables moderation, strengthen the influence of financial information to the auditor's ethical decision-making. However, the effect is small and a set of other factors. The research findings show a variable moderating influence ethical idealism is more variable than other woods moderation.Auditor in ethical...
This paper investigates specific risk in emerging market. Emerging markets are accumulating capit... more This paper investigates specific risk in emerging market. Emerging markets are accumulating capital at a faster rate than developed markets but they lag far behind developed markets. Risk is one of the main factors that investors consider when making investments.<br><br>Risk contained in Financial Accounting come from accrual accounting method. Accrual measurements in the Balance Sheet are measured using persistence current operating accrual, persistence non-current operating accrual, persistence financial accrual and accrual anomaly. Accruals in income statement are measured using the accrual anomaly modified jones model. Accrual measurements are used as information used by investors in predicting risk specific. The idiosyncratic risk reflects the specific information about the company and it will fluctuate according to the information itself.<br><br>To measure the risk in this study five factors of Fama-French were used. Using the SEM AMOS Ver.24 and Sobel Test Path Analysis, we find that the financial risk documented in this study is associated to risk faced by investor. Prospect Theory can be used to predict and explain behaviour decision making to overcome disaster risk faced by investor in the future. <br><br>
Loss Contingencies There is a range of probabilities within which a contingent liability might oc... more Loss Contingencies There is a range of probabilities within which a contingent liability might occur. The FASB has defined the following terms in an attempt to define this range. • Probable-the future event or events are likely to occur • Reasonably possible-the chance of the future event or events occurring is more than remote but less than likely • Remote-the chance of the future event or events occurring is slight
The purpose of this article is to discuss the proper accounting for stock-based compensation. In ... more The purpose of this article is to discuss the proper accounting for stock-based compensation. In addition, issues related to other types of financial instruments, such as convertible securities, warrants, and contingent shares, including their effects on reporting earnings per share.
The development of new technology and diverse consumer demand has increased the digital retail in... more The development of new technology and diverse consumer demand has increased the digital retail industry today. This also affects the way buyers / consumers get the goods and services they want. Consumers turn to e-commerce and cellular to make purchases that are usually done physically. This change in shopping style has been driven largely due to the emergence of many market places and platforms. This change will also have effect on the taxation of the transaction. The Government of Indonesia has no more specific rules, there is only a Circular (Surat Edaran) that regulates the Affirmation of Tax Regulations on E-Commerce Transactions, namely SE-62/PJ/2013 tax regulations e-commerce follows the income tax law and value added tax. This article was written to provide opinions on the taxation of e-commerce in Indonesia from the perspective of government policy by using literature study through information obtained through regulations, documents and supporting data. The purpose of writing this article is to provide feedback on e-commerce taxation that occurred in Indonesia with various types of valuations such as transactions and how e-commerce is done in order to find the gap how to levy taxation of e-commerce activities. Research method used is through the review literature review and the previous research then do the analysis to give an opinion. The result of the research is the revenue authority has an important role in realizing the full potential of ecommerce. According to SE-62/PJ/2013 there are four types of e-commerce.In Indonesia in the provisions of the applicable Income Tax Law is article 23/26, provided that the payment is received by a state taxpayer who does not have a P3B with Indonesia. Establishment of a regulatory body is required to monitor the traffic of communication through the internet to prevent the occurrence of crime in cybercrime.
The purpose of this paper is to describe stress testing analysis mechanism. A corporate could be ... more The purpose of this paper is to describe stress testing analysis mechanism. A corporate could be said to be capable of against extreme market flows if it can make that market on the predictable situations or risk measurement. Finally, this paper explains two approaches of stress testing- they're sensitivity analysis and scenario analysis, its types and data flow.
The purpose of this paper is to review the mechanism of revenue recognition for principal and age... more The purpose of this paper is to review the mechanism of revenue recognition for principal and agent. As we known, agent is a part of principal in business. Its because agent do their business according to principal’s mechanism, and as a extension of the principal. Finally, this paper explain about how the agent get their revenue source and how to recognized it.
We find that credit rating is the most important variable in determining tranche spread at issue ... more We find that credit rating is the most important variable in determining tranche spread at issue on Collateralized Debt Obligations (CDOs) issues backed by project finance (PF) loans. Factors that are important for pricing in the case of corporate bonds, such as market liquidity and weighted average maturity, are also relevant for determining spreads on these securities. Furthermore, the nature of the underlying assets has a substantial impact on CDO pricing: primary market spread is significantly higher when the underlying PF loans bear a higher level of market risk and when the proportion of projects still under construction in the securitized portfolio is larger.
This study was conducted to examine the effect of inflation, exchange rate, market value added (M... more This study was conducted to examine the effect of inflation, exchange rate, market value added (MVA) and the value of market capitalization (NKP) to return the stock to the company's performance as a mediating variable. Inflation have effect negative and no significant to performance perusahaan. Hal this show that when happen enhancement level inflation then will performance company will experience Decline. Value exchange have effect negative and no significant to the performance of the company. This matter show that change value The exchange is not strong for influence the performance of the company. MVA has a positive effect and no significant effect on the company's performance. This shows that when MVA is high, then the company's performance is also high. This is due to the MVA illustrates the company' ability to generate or increase wealth for investors.
The purpose of this paper is to review the efficient market mechanism. A market can be said to be... more The purpose of this paper is to review the efficient market mechanism. A market can be said to be efficient if the market can react quickly and accurately to the information available. Finally, this paper explain the three form of efficiency market. The three form are weak form, semi-forms and strong from.
This research article examines accounting statements from the perspective of genre analysis and l... more This research article examines accounting statements from the perspective of genre analysis and language usage. By applying genre theory and linguistic analysis, we aim to explore the various language viewpoints employed in the construction of accounting statements and their implications for financial communication. Through a comprehensive review of relevant literature and a qualitative analysis of a sample of accounting statements from several Europe countries, US, Asia and Africa, we identify and categorize different genres within the accounting domain. We investigate how the choice of language structures, lexicon, and rhetorical devices within these genres influence the representation of financial information and shape the perceptions of stakeholders. In addition, we investigate the potential impact of linguistic differences in accounting statements on information transparency, correctness, and comprehensibility. The study's findings contribute to a better understanding of th...
Long-term investments is non-current liabilities that challenge decision of the company to look i... more Long-term investments is non-current liabilities that challenge decision of the company to look into the far future. Existing future studies often build upon a rational idea of decision making that does not help to explain why decision makers anticipate the future. This article proposes to tell us about many types of long-term investment and other components that makes long-term investment is important for company's future. Special attention is given to understanding the advantages of having long-term investment.<br>
Purpose – This study aims to make modeling measurement risk in capital market variables. Design/m... more Purpose – This study aims to make modeling measurement risk in capital market variables. Design/methodology/approach – Using Mathematical approaches to integrated a noticeable increase in the firm-level idiosyncratic risk, the volatility measure of coeficient is greater and has a stronger upward trend than the new idiosyncratic volatility measure. Findings – Using the the model decomposing total risk in market variance extended by Bali et.al, we integrated the model with initial model, Fama-French idiosyncratic risk Model, we sugested new model: Rit -RFt = ai + bi (R Mt R Ft) + var.HLt+ var.SBt +Var.MW +Var.RW+ Var.CMA + ei Originality – This paper introduces a variance measure of aggregate idiosyncratic risk, which does not require estimation of market betas or correlations and is based on the concept of gain from portofolio diversification. Keywords: Idiosyncratic Risk, New Model Paper Type Research Result
Penelitian ini bertujuan untuk menginvestigasi pengaruh dari karakteristik dewan direksi yang ter... more Penelitian ini bertujuan untuk menginvestigasi pengaruh dari karakteristik dewan direksi yang terdiri dari ukuran, aktivitas, gender, dan pengalaman dewan direksi terhadap kinerja keuangan. Populasi penelitian berupa perusahaan non keuangan yang terdaftar di Bursa Efek Indonesia pada tahun 2017 sampai dengan 2019. Pemilihan sampel menggunakan teknik purposive sampling. Data penelitian berasal dari laporan tahunan perusahaan. Hasil penelitian menunjukkan karakteristik dewan direksi berupa ukuran dan aktivitas memiliki perngaruh positif dan signifikan terhadap kinerja keuangan. Namun, karakteristik dewan direksi berupa gender dan pengalaman tidak memiliki pengaruh signifikan terhadap kinerja keuangan.
This study aimed to investigate the influence: financial information for the making of ethical de... more This study aimed to investigate the influence: financial information for the making of ethical decision, ethical ideologies, ethical climate, professional ethics, and commitment to the profession. The research data obtained through a survey method to the auditor on Public Accountant Firm and Analysis of data using the IBMSPSS program with a simple regression test and test Moderated Regression Analysis (MRA). The results of statistical tests indicate that the sixth hypothesis is accepted. Financial information has a positive and significant impact on ethical decision-making auditor. However, the effect is small and a set of other factors not included in the model. These five variables moderation, strengthen the influence of financial information to the auditor's ethical decision-making. However, the effect is small and a set of other factors. The research findings show a variable moderating influence ethical idealism is more variable than other woods moderation.Auditor in ethical...
This paper investigates specific risk in emerging market. Emerging markets are accumulating capit... more This paper investigates specific risk in emerging market. Emerging markets are accumulating capital at a faster rate than developed markets but they lag far behind developed markets. Risk is one of the main factors that investors consider when making investments.<br><br>Risk contained in Financial Accounting come from accrual accounting method. Accrual measurements in the Balance Sheet are measured using persistence current operating accrual, persistence non-current operating accrual, persistence financial accrual and accrual anomaly. Accruals in income statement are measured using the accrual anomaly modified jones model. Accrual measurements are used as information used by investors in predicting risk specific. The idiosyncratic risk reflects the specific information about the company and it will fluctuate according to the information itself.<br><br>To measure the risk in this study five factors of Fama-French were used. Using the SEM AMOS Ver.24 and Sobel Test Path Analysis, we find that the financial risk documented in this study is associated to risk faced by investor. Prospect Theory can be used to predict and explain behaviour decision making to overcome disaster risk faced by investor in the future. <br><br>
Loss Contingencies There is a range of probabilities within which a contingent liability might oc... more Loss Contingencies There is a range of probabilities within which a contingent liability might occur. The FASB has defined the following terms in an attempt to define this range. • Probable-the future event or events are likely to occur • Reasonably possible-the chance of the future event or events occurring is more than remote but less than likely • Remote-the chance of the future event or events occurring is slight
The purpose of this article is to discuss the proper accounting for stock-based compensation. In ... more The purpose of this article is to discuss the proper accounting for stock-based compensation. In addition, issues related to other types of financial instruments, such as convertible securities, warrants, and contingent shares, including their effects on reporting earnings per share.
The development of new technology and diverse consumer demand has increased the digital retail in... more The development of new technology and diverse consumer demand has increased the digital retail industry today. This also affects the way buyers / consumers get the goods and services they want. Consumers turn to e-commerce and cellular to make purchases that are usually done physically. This change in shopping style has been driven largely due to the emergence of many market places and platforms. This change will also have effect on the taxation of the transaction. The Government of Indonesia has no more specific rules, there is only a Circular (Surat Edaran) that regulates the Affirmation of Tax Regulations on E-Commerce Transactions, namely SE-62/PJ/2013 tax regulations e-commerce follows the income tax law and value added tax. This article was written to provide opinions on the taxation of e-commerce in Indonesia from the perspective of government policy by using literature study through information obtained through regulations, documents and supporting data. The purpose of writing this article is to provide feedback on e-commerce taxation that occurred in Indonesia with various types of valuations such as transactions and how e-commerce is done in order to find the gap how to levy taxation of e-commerce activities. Research method used is through the review literature review and the previous research then do the analysis to give an opinion. The result of the research is the revenue authority has an important role in realizing the full potential of ecommerce. According to SE-62/PJ/2013 there are four types of e-commerce.In Indonesia in the provisions of the applicable Income Tax Law is article 23/26, provided that the payment is received by a state taxpayer who does not have a P3B with Indonesia. Establishment of a regulatory body is required to monitor the traffic of communication through the internet to prevent the occurrence of crime in cybercrime.
The purpose of this paper is to describe stress testing analysis mechanism. A corporate could be ... more The purpose of this paper is to describe stress testing analysis mechanism. A corporate could be said to be capable of against extreme market flows if it can make that market on the predictable situations or risk measurement. Finally, this paper explains two approaches of stress testing- they're sensitivity analysis and scenario analysis, its types and data flow.
The purpose of this paper is to review the mechanism of revenue recognition for principal and age... more The purpose of this paper is to review the mechanism of revenue recognition for principal and agent. As we known, agent is a part of principal in business. Its because agent do their business according to principal’s mechanism, and as a extension of the principal. Finally, this paper explain about how the agent get their revenue source and how to recognized it.
We find that credit rating is the most important variable in determining tranche spread at issue ... more We find that credit rating is the most important variable in determining tranche spread at issue on Collateralized Debt Obligations (CDOs) issues backed by project finance (PF) loans. Factors that are important for pricing in the case of corporate bonds, such as market liquidity and weighted average maturity, are also relevant for determining spreads on these securities. Furthermore, the nature of the underlying assets has a substantial impact on CDO pricing: primary market spread is significantly higher when the underlying PF loans bear a higher level of market risk and when the proportion of projects still under construction in the securitized portfolio is larger.
This study was conducted to examine the effect of inflation, exchange rate, market value added (M... more This study was conducted to examine the effect of inflation, exchange rate, market value added (MVA) and the value of market capitalization (NKP) to return the stock to the company's performance as a mediating variable. Inflation have effect negative and no significant to performance perusahaan. Hal this show that when happen enhancement level inflation then will performance company will experience Decline. Value exchange have effect negative and no significant to the performance of the company. This matter show that change value The exchange is not strong for influence the performance of the company. MVA has a positive effect and no significant effect on the company's performance. This shows that when MVA is high, then the company's performance is also high. This is due to the MVA illustrates the company' ability to generate or increase wealth for investors.
The purpose research is to investigate the Accrual Principles in Accounting that contained in the... more The purpose research is to investigate the Accrual Principles in Accounting that contained in the Company's Financial Statements. The accrual principle is reflected in the Balance Sheet and Income Statement. Accrual measurements in the Balance Sheet are measured using Persistence Current Operating Accrual, Persistence Non-Current Operating Accrual, Accrual measurements are used as information used by investors as in predicting idiosyncratic risk and stock price. The idiosyncratic risk reflects the specific information about the company and it will fluctuate according to the information itself. To measure the idiosyncratic risk in this study three factors of Fama-French Model were used (Fama & French, 1996)). The three-factor model Fama French is performed by conducting a stock return portfolio of the sample company and regressing the excess return using three factors. Asset Pricing Measurement uses the Dividend Disscounted Model to predict stock prices. The samples used in this study are all manufacturing companies listed on the Indonesia Stock Exchange. The Manufacturing Company is selected with consideration for the accrual measurement of accounts receivable, inventory, investment and liabilities. The sample was chosen by purposive random sampling method. The number of samples generated by this method is 154 companies with full reports for 2010-2015. Using the SEM AMOS Ver.24 and Sobel Test Path Analysis, the results show that Current Operating Accrual has a negative and significant relationship to idiosyncratic risk and stock price For variable Non-Current Operating Accrual has positive and significant relation. By using Sobel Test, the test result shows that idiosyncratic risk has mediation effect in Persistence Current Operating Accrual, Non-Current Operating Accrual relationship to stock price.
The purpose research is to investigate the Accrual Principles in Accounting that contained in the... more The purpose research is to investigate the Accrual Principles in Accounting that contained in the Company's Financial Statements. The accrual principle is reflected in the Balance Sheet and Income Statement. Accrual measurements in the Balance Sheet are measured using Persistence Current Operating Accrual, Persistence Non-Current Operating Accrual, Accrual measurements are used as information used by investors as in predicting idiosyncratic risk and stock price. The idiosyncratic risk reflects the specific information about the company and it will fluctuate according to the information itself. To measure the idiosyncratic risk in this study three factors of Fama-French Model were used (Fama & French, 1996)). The three-factor model Fama French is performed by conducting a stock return portfolio of the sample company and regressing the excess return using three factors. Asset Pricing Measurement uses the Dividend Disscounted Model to predict stock prices. The samples used in this study are all manufacturing companies listed on the Indonesia Stock Exchange. The Manufacturing Company is selected with consideration for the accrual measurement of accounts receivable, inventory, investment and liabilities. The sample was chosen by purposive random sampling method. The number of samples generated by this method is 154 companies with full reports for 2010-2015. Using the SEM AMOS Ver.24 and Sobel Test Path Analysis, the results show that Current Operating Accrual has a negative and significant relationship to idiosyncratic risk and stock price For variable Non-Current Operating Accrual has positive and significant relation. By using Sobel Test, the test result shows that idiosyncratic risk has mediation effect in Persistence Current Operating Accrual, Non-Current Operating Accrual relationship to stock price.
Puji syukur saya panjatkan ke hadirat Tuhan yang Maha Esa karena berkat rahmat-Nya kami bisa meny... more Puji syukur saya panjatkan ke hadirat Tuhan yang Maha Esa karena berkat rahmat-Nya kami bisa menyelesaikan makalah yang berjudul Etika dalam Akuntansi Keuangan :Etika dalam Akuntansi Keuangan Makalah ini diajukan guna memenuhi tugas mata kuliah Akuntansi Keuangan. Dengan adanya Makalah ini kita bisa mengetahui bagaimana Etika yang berlaku di bidang akuntansi, sehingga kita dapat menghindari pelanggaran-pelanggaran yang terjadi di bidang akuntansi. Dengan begitu kita bisa menjadi akuntan yang taat dan terhindar dari hukum Kami mengucapkan terima kasih kepada semua pihak yang telah membantu sehingga makalah ini dapat diselesaikan tepat pada waktunya. Makalah ini masih jauh dari sempurna, oleh karena itu saya mengharapkan kritik dan saran yang bersifat membangun demi kesempurnaan makalah ini. Semoga makalah ini memberikan informasi bagi masyarakat dan bermanfaat untuk pengembangan wawasan dan peningkatan ilmu pengetahuan bagi kita semua.
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