Account Management Research Articles

Using of Some Concepts of Financial Management in the Evaluation of Objects of Financial Accounting

The concept of the time value of money and the effective interest rate are systemically important in the framework of financial management. In this regard, it is strange that the provisions of these theories are still minimally used within the framework of the information support system for the management decision-making process — financial accounting. The article discusses the main areas in which discounting and value accumulation procedures are currently used in financial accounting, calculations based on the effective interest rate are used. The content of Russian and International accounting and financial reporting standards, which regulate the relevant issues, is analyzed. The conclusion is substantiated that using of existing developments in the framework of financial management in financial accounting is clearly not enough. Suggestions are made on potential directions for the implementation of relevant practices in financial accounting. A hypothesis is put forward about the need to use universal methods for evaluating objects of financial accounting based on the concept of the time value of money. A methodology for such evaluation is proposed.

ISLAMIC EDUCATION FINANCING OPTIMIZATION STRATEGY PRIVATE MADRASAH (CASE STUDY AT MTsM CUPAK, SOLOK DISTRICT WEST SUMATERA PROVINCE)

This article discusses the strategy for optimizing the financing of private madrasah Islamic education at MTsM Cupak, Solok Regency, West Sumatra, which aims to provide a strategy for optimizing limited funding to meet the operational financing needs of Islamic education. The research methodology used is qualitative, by means of descriptive-analysis. The techniques used are observation, documentation studies, in-depth interviews and other supporting data. The results of this study indicate that the financing of private madrasah Islamic education is still not optimal in financing a very limited budget. This can have an impact on the quality of student outcomes. Therefore, a new strategy is urgently needed in optimizing very limited funding in implementing Islamic education operations. The strategies used include using the budget according to priority scale, empowering madrasah entrepreneurship, leadership of school principals in transparent and accountable financing management.

Strategic Development and Brand Establishment in the Insurance Sector of Rwanda: A Case Study of Soras Insurance Company

Organizations are understandably concerned with managing their "Corporate Image." This research on corporate strategy and building of corporate image is integrated to create a framework which identifies the factors that influence insurance Companies in corporate image formation. Managerial implications were discussed, and guidelines were proposed for strategically planning and effectively managing of a corporate image. The main objective to the study is to assess the strategies employed by insurance companies in Rwanda to build their corporate image The specific objectives to the study are to assess strategies undertaken by SORAS in building its image to the public; to determine how SORAS Company measures its image from the general public; to establish relationship between corporate strategy and corporate image. This research targeted a population of 5340 where 5215 are customers and 125 are SORAS employees, and then, sample size was 141.The researcher used questionnaire and then both primary and secondly data were used during this research. The distribution of the questionnaires was done by the researcher and their collection was done after they were completely filled. The data were analyzed using Statistical packaging for social science (SPSS) computer program. The percentage and frequencies was represented in terms of tables. This research found that the benefits of corporate strategies in insurance companies of Rwanda this research concluded that corporate strategy is used in improvement of accounting and financial management system, so that the level of accurate information should be improved in insurance companies; the majority of respondents agreed that commitment of management to the operation of the system is among of the benefits SORAS get from corporate strategy. This implies that corporate strategies are a useful tool in management commitment and organizational operations. This research concluded that improvement of accountability is among of roles played by corporate image in insurance companies. Therefore, accountability is one of the cornerstones of corporate image; however, it can be difficult for practitioners alike to navigate the myriad of different types of accountabilities. Accountability ensures actions and decisions taken by public officials are subject to oversight so as to guarantee that SORAS initiatives meet their stated objectives and respond to the needs of the community they are meant to be benefiting, thereby contributing to better governance. This research concluded that corporate strategy affects positively SORAS governance. Therefore, through present research the researcher analyzed the statements regarding the corporate strategy in corporate governance. The researcher analyzed effectiveness of corporate strategy in SORAS. Corporate strategies represent all the approved policies and procedures used by the SORAS management in order to achieve an effective management and governance of the institution. Lack of corporate strategies and their deficient operation make companies vulnerable to a number of risks, such as improper recording of accounting transactions, making unauthorized transactions, fraud, all these having a significant impact on governance. Keywords: Corporate Strategy, Corporate Image, Insurance Companies, SORAS Insurance Company, Governance ________________________________________

Village Financial System Application for Financial Reporting Management Village in East Java Province

This article attempts to describe and assess the execution of Minister of Home Affairs Regulation (Permendagri) No. 113 of 2014 about Village Financial Management and Law No. 6 of 2014 concerning Villages. To manage village budgets following the principles of clean, transparent, accountable, and efficient management, the Financial and Development Supervisory Agency (BPKP) and the Directorate General of Village Government Development at the Ministry of Home Affairs are collaborating to develop the Village Financial System (Sistem Keuangan Desa - Siskeudes). It is hoped that by using this program, village fund financial reports can be finished promptly, precisely, and on schedule. A qualitative descriptive method is being employed for the research. The data was gathered through close observation with a BPKP employee representing the East Java province. According to the study's findings and recommendations, 30 of the 38 cities and regional units in East Java Province have employed the Siskeudes program to ensure the accuracy of the financial reports that arise from it. Despite management challenges, the Siskeudes application has proven more effective and can give highly accurate statistics.

Financial Accountability in East Java's Health Service: Examination of Asset Recording and Reporting

This research aims to analyze the implementation of financial recording and reporting of government assets by the East Java Provincial Health Service. The research method used is a case study with a qualitative descriptive approach. The data used in this research are cases related to implementing policies and procedures for financial recording and reporting of government assets. Overall, the qualitative approach in this case study allows the author to gain an in-depth understanding of the Implementation of Financial Recording and Government Asset Reporting in the East Java Provincial Health Service through critical analysis and interpretation of relevant cases. The research results show that the agency has adequate policies and procedures regarding financial recording and government asset reporting. This shows the seriousness and commitment of the regional government in carrying out transparent and accountable financial management.

Determinants of effective Shariah compliance auditing in Palestine: a theoretical and conceptual analysis

PurposeThis study aims to conduct a review and analysis of the literature on Shariah audit compliance by examining the difference between internal and external auditors, the scope of internal Shariah audits and the qualification of Shariah auditors.Design/methodology/approachThe current study used content analysis and the descriptive approach to achieve the main objective of the study. To ensure that Islamic Financial Institutions’ (IFIs) practices preserve Shariah principles and values when providing Shariah-compliant products and services, this audit will be used to supervise and monitor the operations of IFIs. The main goal of Shariah compliance auditing is to protect the interests of IFIs stakeholders, including account holders, shareholders, creditors, management and employees, as well as the general public while ensuring that the mechanisms of checks and balances in place are appropriate and tailored to the goals and missions of its establishment following the Maqasid Al-Shariah.FindingsThe findings of this study attempt to contribute to the body of knowledge surrounding Shariah audit compliance by advising IFIs on the value of Shariah compliance auditing in addressing the needs of its stakeholders. As a result, the benefits of Shariah compliance audits will be maximized, and future legislative changes will be implemented to reduce or completely remove the risk of Shariah’s failure to comply.Practical implicationsThis research advises IFIs on the usefulness of Shariah compliance auditing in addressing the demands of its stakeholders to add to the body of knowledge on Shariah audit compliance. Moreover, all parties involved to take action to reduce the gap that will significantly affect stakeholders’ confidence, particularly concerning the Shariah compliance of the IFIs’ products and services on their operations and activities.Originality/valueThe advantages of Shariah compliance audits will thus be maximized, and future regulatory improvements will be made to lessen or eliminate the danger of Shariah noncompliance.

Bugana: Electronic Business to Consumer Marketplace for Farmers' Products of Bago City

City, Philippines, by enabling direct online sales of their agricultural products without intermediaries. This project addresses the challenges farmers face using traditional marketing channels, such as middlemen and retailers, offering a streamlined, accurate, and secure platform for product sales. The system encompasses user account management, product and inventory management, transaction history, reporting, and real-time communication through a mobile app. The study employed Constructive Research Design, allowing in-depth data collection, analysis, and application of the benefactor's requirements. The Agile Development methodology was adopted, including five phases: Requirement Gathering and Analysis, Design, Development, Testing, Deployment and Maintenance. This approach facilitated flexibility and collaboration throughout the project. The result is a cost-effective system with a high return on investment (ROI). Bugana enhances market access, price transparency, and convenience for farmers and customers, marking a significant advancement in agricultural transactions. The findings call for transparent pricing, quality assurance, secure payment options, logistical support, customer service, and broadening system availability to the entire Negros Occidental Province for an even more significant impact.

Twitch Data in Health Promotion Research: Protocol for a Case Study Exploring COVID-19 Vaccination Views Among Young People.

Social media platforms have emerged as a useful channel for health promotion communication, offering different channels to reach targeted populations. For example, social media has recently been used to disseminate information about COVID-19 vaccination across various demographics. Traditional modes of health communication such as television, health events, and newsletters may not reach all groups within a community. Health communications for younger generations are increasingly disseminated through social media to reflect key information sources. This paper explores a social media gaming platform as an alternative way to reach young people in health promotion research. This protocol study aimed to pilot-test the potential of Twitch, a live streaming platform initially designed for video gaming, to conduct health promotion research with young people. We used COVID-19 vaccination as a topical case study that was recommended by Australian health authorities at the time of the research. The research team worked with a Twitch Account Manager to design and test a case study within the guidelines and ethics protocols required by Twitch, identify suitable streamers to approach and establish a protocol for conducting research on the platform. This involved conducting a poll to initiate discussion about COVID-19 vaccination, monitoring the chat in 3 live Twitch sessions with 2 streamers to pilot the protocol, and briefly analyze Twitch chat logs to observe the range of response types that may be acquired from this methodology. The Twitch streams provided logs and videos on demand that were derived from the live session. These included demographics of viewers, chat logs, and polling results. The results of the poll showed a range of engagement in health promotion for the case study topic: the majority of participants had received their vaccination by the time of the poll; however, there was still a proportion that had not received their vaccination yet or had decided to not be vaccinated. Analysis of the Twitch chat logs demonstrated a range of both positive and negative themes regarding health promotion for the case study topic. This included irrelevant comments, misinformation (compared to health authority information at the time of this study), comedic and conspiracy responses, as well as vaccine status, provaccine comments, and vaccine-hesitant comments. This study developed and tested a protocol for using Twitch data for health promotion research with young people. With live polling, open text discussion between participants and immediate responses to questions, Twitch can be used to collect both quantitative and qualitative research data from demographics that use social media. The platform also presents some challenges when engaging with independent streamers and sensitive health topics. This study provides an initial protocol for future researchers to use and build on. RR1-10.2196/48641.

Deferred taxes in financial institutions: A review of empirical research and the role of tax effects in regulatory capital. Part 1

Subject. This article examines the industry practices of the regulation of deferred taxes in financial institutions. Objectives. The article aims to analyze the significance of deferred taxes for financial institutions (banks, insurance organizations) and determine the role of tax effects in regulatory capital. Methods. The research is speculative. For the study, I used the dialectical method of scientific knowledge, the method of collecting theoretical and regulatory information, the method of formalization, as well as analysis, synthesis, observation, and comparison. Results. The article finds that the preventive nature of the accounting revaluation of deferred tax assets controls the probability of their recovery at the expense of future taxable profits, and therefore they should be included in the regulatory capital. It determines that a full reversal of the active deferred tax position is possible if the accounting assets generate income with the profitability necessary to cover the deductible temporary differences in excess of the balance sheet valuation of the assets. Conclusions and Relevance. At present, the theoretical basis of deferred taxation continues to remain undisclosed. Deferred taxes are an artificial information construct that refines the measurement of assets at fair value. Deferred taxes alone are not able to generate cash flow, they reconcile the tax flow with the financial flow in relation to the fair value of assets in order to show how much value the assets will generate taking into account the current tax situation. The results of the study can be useful to practitioners in the field of deferred tax accounting and banking management, as well as analysts and researchers whose activities are focused on accounting, taxation, and other persons concerned who study the theoretical and financial aspects of deferred taxes.

Integrated Financial Management Information System and the Quality of Financial Reports Among Government Institutions in Kenya

The use of Integrated Financial Management Information System among the Government institutions in Kenya is crucial in improving the management of accounting and financial reporting data so as to enhance efficiency and effectiveness in government institutions financial reporting processes. This research study was set to establish the effect of integrated financial management information system on quality financial reporting. The research targets a population of 68 government institutions (47 county government and 21 ministries) in Kenya who were purposively selected as the Integrated Financial Management Information System users and also forming the unit of analysis for the study. The primary data was collected through the use of questionnaires and then the data was analyzed using multiple regression model and descriptive statistics where the study made use of STATA software version 12 application to examine the relationship of the predictor and response variables. The study established that electronic budgeting and automated cash management positively and significantly influence the quality of financial reporting among the government institutions in Kenya. The study further establishes that electronic procurement and automated financial reporting positively and insignificantly influences the quality of financial reporting among the government institutions in Kenya.

Is there a rating bias of job candidates based on gender and parenthood? A laboratory experiment on hiring for an accounting job

Biased practices by employers have been suggested as one possible cause for the observed gender disparities in labor market outcomes. While US-based laboratory experiments show a clear motherhood penalty in recruitment, European laboratory experiments on the topic are to our knowledge lacking. We conducted a laboratory experiment with 228 university students to study a potential gender bias in the evaluation of (fictitious) job candidates for an accounting manager position, and how recruitment decisions are made. We explore two dimensions of decision-making, that is, evaluators’ individual ratings and collectively made ratings. The results show a statistically significant gender bias in job applicant ratings in favor of female applicants. Thus, female job applicants are more often than male applicants rated as the top candidates, regardless of their parental status. Also, we find no motherhood penalty in the applicant ratings. Moreover, there is a statistically significant pro-female bias in applicant ratings made by female evaluators individually and by all-female evaluation groups.

The Implementation of Good Governance Principles in the Asset Management of Regional-Owned Enterprises of South Sulawesi Province

At the local government level, activities related to regional autonomy and decentralization go beyond merely implementing financial decentralization from the Central Government to Local Governments or Local Governments to Local Government Work Units (SKPD). It also includes the decentralization of asset management at the regional business unit level. The Regional State-Owned Enterprise (Perseroda) of South Sulawesi Province, as one of the units of Regional-Owned Enterprises, requires proper governance to promote regional autonomy and optimize regional revenue. Therefore, it is crucial to implement good governance principles to ensure accountable financial and asset management, which represents a government’s success in providing public services. The implementation of good governance principles includes accountable, transparent, and law-abiding asset management. This study aims to analyze the application of the values and principles of good governance in asset management within the Perseroda of South Sulawesi Province. The study adopts a qualitative approach, and data are collected through interviews, observations, and document analysis. The data analysis technique is an interactive model, with data validity tested through triangulation. The results indicate that the application of values and principles of good governance in asset management still needs improvement due to constraints related to the quality of human resources and the adoption of technology in asset management. Efforts to enhance the quality of human resources, employee motivation, socialization, and control mechanisms for implementing good corporate governance must be optimized, with the aim of integrating these principles and values within the body of Perseroda in South Sulawesi Province.
 Keywords: asset governance, good governance, regional-owned enterprises

Conceptualization and Survey Instrument Development for Over-the-Top Platforms’ Usability

OTT (over-the-top) streaming is a subscription-based video service model that delivers video-on-demand content, films, and series directly to end-users over the Internet, bypassing the need for traditional satellite receiver systems. The most popular OTT service providers include Netflix, Hulu, Amazon Prime, and Disney+. During the COVID-19 pandemic, the viewership rates and subscriber numbers for OTT platforms rapidly increased. Like various other products and systems, usability problems can substantially impact user satisfaction, loyalty, and the intention to continue using OTT services. Therefore, this study aimed to conceptualize the usability of OTT platforms and develop an OTT Usability Measurement Scale for the usability evaluation of OTT platforms based on the Apple tvOS Guidelines and the literature. OTT platform usability was conceptualized with nine constructs, including Accessibility and Customization, Account Management, Data Entry and Search, Branding, Privacy, Navigation, Help, Content, and Design, and the concepts were measured with a scale including 48 items. The validity of the developed scale was tested through two separate survey studies conducted with Netflix web application users. The first survey involved 650 participants. At this stage, an exploratory factor analysis was used to evaluate the scale’s measurement properties, and the developed factor structure was confirmed. In the second stage, a survey with 600 participants was conducted, and a confirmatory factor analysis was applied to validate the scale properties. Furthermore, a nomological validation of the developed scale was performed, examining the relationship between the acquired OTT factors and elements such as continued intention to use, satisfaction, and brand loyalty. As a result of the nomological validation, it was observed that the privacy and design factors significantly affected each of the three dependent variables.

How duration of storage affects food waste behavior

AbstractWe investigate how duration of storage affects food waste behavior. We propose and demonstrate a negative impact of duration of storage: even when two packaged food products are otherwise identical (i.e., same manufacturing/expiration dates, not expired, and unopened), the product that has been stored for a longer duration under current ownership is more likely to be wasted and is likely to be wasted in greater quantities. This occurs because duration of storage lowers consumers' perceptions of food freshness, even when normative justification is not possible. The duration of storage has an independent effect over and above those due to manufacturing and expiration dates, and the effect persists in both single and joint evaluations. We draw from research in several areas, including ownership, mental accounting, food science, and waste management to develop our theory. We report findings from six pre‐registered studies, provide process evidence, and identify interventions to lower food waste.

InstaBlox: An Instagram Automation Tool by Using Selenium

Nowadays Instagram is trending more and more. And automation is very helpful for reducing human work so in this system we are collaborating the two different systems. We are implementing “InstaBlox” application for that we are using selenium for automation and MERN stack for Database and Frontend. Selenium provides automation on like, comments, and Analysis of accounts. Instagram also does these activities but with the help of an account owner and in InstaBlox we are collaborating these activities with automation. The User will decide that which account should be analyzed, and which post should be like, comment. We are using MongoDB for the Database which will save the user preferences. We are using React for making frontend and if in future if we want to collaborate with AI, it will be efficient. We are providing services like front-facing and publishing, analysis of post or accounts. Keywords: – Instagram Automation, selenium, python, account analytics, MERN stack, Account management system.

Establishing accounting efficiency mechanism in SMEs on workplace anxiety disorders analysis

BackgroundWorkplace anxiety disorder has a negative impact on the mental health and work performance of employees in small and medium-sized enterprises. The research aims to explore the impact of establishing financial accounting management efficiency mechanisms on workplace anxiety disorder in small and medium-sized enterprises.Subjects and MethodsThe study focused on small and medium-sized enterprise employees and divided them into an experimental group and a control group. The employees in the experimental group have established a financial accounting management efficiency mechanism, including standardized financial systems, clear accounting processes, and effective internal controls. The control group maintained traditional financial accounting management methods. The study used a questionnaire survey method to obtain data on employees’ workplace anxiety disorder scores, and used software Statistical Analysis Systems (SAS) for data processing and analysis.ResultsThe study found that the workplace anxiety disorder scores of the experimental group employees were significantly lower than those of the control group. The average anxiety score of the experimental group employees was 3.25, while that of the control group was 4.62. The t-test and analysis of variance were used to verify the statistically significant differences between the experimental group and the control group.ConclusionsResults shown that small and medium-sized enterprises can significantly reduce workplace anxiety disorders by establishing financial accounting management efficiency mechanisms. Standardized financial systems, clear accounting processes, and effective internal controls can help alleviate employees’ anxiety.

InstaBlox: An Instagram Automation Tool by using a Selenium Webdriver

Instagram is a popular social media platform where users can share their photos and videos with their followers. With the rise of automation, many users are seeking ways to streamline their Instagram activities, including posting pictures, commenting, liking photos, and managing their followers. Selenium is widely used for automating web tasks, while Python is a popular choice for programming automation. With Selenium, we can automate various actions on Instagram, such as logging in, navigating to user profiles, posting photos, leaving comments, liking posts, and following or unfollowing other users. Before we can start automating Instagram with Selenium, we need to install Selenium and a compatible web driver like Chrome Driver or Gecko Driver. By identifying and interacting with the HTML elements on the site, Selenium allows us to automate our interactions with Instagram. In a similar vein, we have the ability to automate various Instagram actions by utilizing Selenium. For instance, we can employ Selenium to discover and engage with different elements on the platform. This involves locating the file selection input element and utilizing the transmit keys() function to input the file path and simulate clicking the upload button. Keywords: – Instagram Automation, selenium, python, account analytics, MERN stack, Account management system.

Integrating Corporate Governance Practices into New Financing Projects and Executive Pay Structures

Purpose: This study aims to explore the integration of corporate governance practices into new financing projects and executive pay structures, highlighting their impact on organizational performance, transparency, and stakeholder trust. It addresses the growing need for robust governance mechanisms to align executive incentives with long-term value creation and effective decision-making in financing projects. Research Design and Methodology: A quantitative descriptive research design was employed, utilizing survey instruments, statistical analysis, and regression modeling to examine the integration of governance practices across diverse corporations. The study focused on the prevalence, determinants, and outcomes of governance integration in financing projects and executive compensation structures. Findings and Discussion: The findings reveal that robust corporate governance mechanisms significantly influence firms' financing decisions and executive compensation structures. Effective governance practices enhance transparency, accountability, and risk management, leading to lower financing costs, greater investor confidence, and improved project outcomes. The study also highlights the role of performance-based executive compensation schemes in aligning executive incentives with shareholder interests, fostering long-term value creation. Implications: The research underscores the importance of integrating corporate governance practices into financing and compensation frameworks to enhance organizational performance and stakeholder trust. It offers practical insights for policymakers, practitioners, and scholars on developing governance mechanisms that ensure prudent decision-making and value optimization. The findings advocate for continuous improvement in governance practices to meet evolving regulatory, shareholder, and societal expectations.

Accounting reforms and public financial management of federal government agencies in Bayelsa State

The study investigates the relationship between Accounting reforms and Public Financial Management of Federal Government Agencies in Bayelsa State. The target of the study is Federal Government Agencies in Bayelsa State. The study adopts judgmental sampling techniques to select 100 respondents from the study population. A total of 100 copies of structured questionnaires were distributed to the respondents and 83 copies were effectively recovered. The study utilized descriptive statistics to analyze respondent bio-information and univariate analysis, while Pearson product moment correlation regression analysis were used to test the hypothesis formulated. The findings shows that; there is a significant relationship between treasury single account and public revenue management; that there is a significant relationship between international public sector relationship between accounting reforms and public financial management of Federal Government Agencies in Bayelsa State. The study concludes that Accounting reform is Government mechanism which enhances efficient public financial management and accountability. All Federal Government Agencies should comply and adopt international public sector accounting standard. Government should continuously review current accounting reforms and seek for alternative where there is weakness in the platform

Pengaruh Penerapan Green Accounting, Environmental Performance dan Manajemen Laba terhadap Sustainable Growth

This study aims to examine the influence of green accounting, environmental performance, and earnings management on sustainable growth, with financial leverage as a control variable. The population of this study consists of companies listed on the Indonesia Stock Exchange (BEI) until December 31, 2021, with the addition of sample criteria including companies that have received environmental performance assessments from the Ministry of Environment and Forestry of the Republic of Indonesia. The data collected from the sample covers the period from 2017 to 2021. Data were collected from 91 different companies using purposive sampling technique. This study employed the Generalized Least Square (GLS) method through multiple linear regression with unbalanced panel data. Based on the analysis results, it can be concluded that green accounting has a significant positive effect on sustainable growth, environmental performance does not have an effect on sustainable growth, and earnings management does not have an effect on sustainable growth.