Account Management Research Articles

Key Account Management as a Differentiator in Trade-offs: The Case of Universal Heater Industries

The case narrates a typical business-to-business scenario wherein the customer (Bodha Constructions) calls for a fresh tender for the water heater supply. Universal Heater Industries (UHI), the current vendor, has won the price agreement for three years in the past, and seemingly has done a terrific job. UHI is surprised by the turn of events on the fresh tender, as their previous price agreement gave them an entitlement to a 15% price hike after three years. The new development of a fresh tender with a minor specification change put UHI’s plans in a quandary. The case depicts the tactics played by a large customer in pushing a vendor to align to new expectations despite a pre-agreed price hike.

SISKEUDES Boosts Accountability and Transparency in Indonesian Village Finances

This study examines the implementation of the Village Financial System Applications (SISKEUDES) in Sugihwaras, Tenggulunan, and Karang Tanjung to enhance accountability and transparency in village financial reports. Using a qualitative approach with interviews, observations, and documentation, the research found that SISKEUDES significantly improves the efficiency and accuracy of financial reporting compared to manual methods. The application aids budget control and involves the community, fostering greater transparency. The findings highlight SISKEUDES's crucial role in preventing fund misuse and promoting accountable financial management in villages. Highlight: Efficiency: SISKEUDES enhances village financial reporting efficiency and accuracy. Transparency: Community involvement in SISKEUDES promotes transparency. Accountability: SISKEUDES prevents fund misuse, ensuring accountable financial management. Keyword: SISKEUDES, village financial system, accountability, transparency, qualitative research

Compilation of a Tool to Measure Financial Knowledge and Skills of Hospital Managers

Introduction: The hospitals, as the most important organization providing healthcare services, need efficient and effective management more than any other organization. Therefore، knowledge, skills, and capabilities of hospital managers should be given special attention، and one of these skills is financial knowledge and skill. Therefore، this research has been done with the aim of developing and validating a tool for measuring the knowledge and financial skills of hospital managers. Methods: The present combined study was conducted in 1401-1402. The research community included managers of educational and therapeutic hospitals, academic faculty members, and graduate students of accounting and financial management as financial experts (Delphi panel). Sampling started purposefully and continued until data saturation. To collect data, interviews, focused group discussions and questionnaires were used, and fuzzy Delphi and fuzzy AHP methods were used to analyze the data. Results: The important dimensions and components were determined according to the fuzzy Delphi method, including 8 dimensions and 23 indicators, and with the help of the AHP method, the weight of each dimension was determined. Then, 68 multiple choice questions related to each of the identified dimensions were designed based on interviews with experts. In the next step, through questionnaire and fuzzy Delphi technique, the opinion of experts was obtained about the questions raised, and finally 46 four-choice questions were compiled as a tool to measure the knowledge and financial skills of hospital managers. Conclusion: Hospitals are important parts of providing health services and considering the limited resources of the health sectors, proper allocation of resources, application of scientific management, correct and principled planning will be an important step in achieving the goals of the health system. A proper understanding of the principles of financial management and how to present financial information and how to share costs in hospitals help the managers of hospitals to have a dynamic picture of their activities and goals and to be able to make more informed decisions for the future.

ІННОВАЦІЙНІ ТРАНСФОРМАЦІЇ ОБЛІКОВО-АНАЛІТИЧНОГО ЗАБЕЗПЕЧЕННЯ УПРАВЛІННЯ БІЗНЕСОМ

Introduction. The innovative potential of business entities indicates their ability to ensure sustainable development and the availability of opportunities to maintain its achieved level in the future, which directly depends on the effectiveness of the accounting and analytical management system and the information produced by it. Changes in approaches to the formation of information at the request of users, the introduction into practice management reports, conducting activities in compliance with the principles of sustainable development, the objective need to adjust vectors of business implementation in the conditions of military operations, and the need to strengthen control over all stages of the full cycle of the economic process actualize the importance of developing an activity strategy. This applies not only to the long-term strategy, but also to the planning of current activities, which significantly increases the value of information regarding the legality of activities at each stage of the economic process. These issues require in-depth scientific research and, based on their results, the development of substantiated proposals aimed at increasing the level of accounting and analytical management support. Problem Statement. The phrase “accounting and analytical support” is quite often included in the title of scientific articles and themes of dissertations for obtaining the scientific degree of Doctor of Economic Sciences and Doctor of Philosophy in the specialty 08.00.09 - Accounting, analysis and audit (by types of economic activity). This does not indicate the exhaustiveness of the problems in the outlined field, but rather actualizes the importance of their in-depth research in the context of meeting the needs of management. The purpose is to consider modern trends in the improvement of the accounting and analytical system of business entities with the actualization of the need to expand the scope of address information at the request of users, to strengthen control over the completeness of the coverage in the process of its formation of all the facts of business practice and conducted operations, and the importance of introducing compliance procedures in this context and financial monitoring. Methods. The logical-abstract method is used, which is based on the elements of the methods of theoretical generalization, analysis, grouping, comparison, description. Results. Society's trust in the accounting institute directly depends on the quality of the information used in the process of evaluating the performance of the activity. Priority is given to summary information, summarized by the indicators of various forms of reporting. This gives reason to evaluate information from the point of view of the “purity” of reporting indicators and the initiation of the characteristic style of the accounting profession and the appropriate behavior of its representatives as managers of a high level of professional knowledge, education, culture and upbringing. It is time to develop a specific code of ethics for a professional accountant as a specialist of a new formation with powerful intellectual potential, a wide range of knowledge and skills, capable of establishing business management on the basis of financial monitoring and compliance. Conclusions. The accounting and analytical system, the components of which can change in the context of taking into account the invariance of management decisions without violating the integrity of the system, remains the informational confirmation of the transition of the business to the platform of sustainable development.

Implementasi Earning Management Pada Lembaga Keuangan Dengan Prinsip Akuntansi Syariah

Companies such as financial institutions in carrying out operational activities always want to obtain high profits such as profit engineering. Earnings engineering is one of the contemporary issues in finance, especially in Indonesia. In several reports in a large company there are 77% of senior managers involved in unethical behavior by carrying out scandals that are motivated by earnings management. This is problematic for the development of accounting, especially sharia accounting. Study aims to analyze the implementation of Islamic earnings management in Islamic accounting. In this study teh method use is the literatur review by collecting secondary data from various related journal. The results show that there are still earnings engineering practices in companies and financial institutions in Indonesia. For this reason, sharia principles really need to be emphasized in order to improve the quality of sharia accounting that is completely free from fraudulent practices. One of the appropriate efforts is to apply sharia accounting in conducting profit-sharing financing, proper and effective monitoring must be carried out with adequate supervision and reporting, so that companies such as Islamic banks or companies can avoid earning management and profit engineering. Financial institutions that apply sharia accounting principles are required to implement Islamic earnings management as a profit management practice in accordance with Islamic religious rules and ethics.

APPLICATION OF INFORMATION TECHNOLOGY IN THE PRODUCTION PROCESS

Due to the strong processes of globalization and the dynamics of market changes in the conditions of fierce competition, today's leading companies are forced to constantly develop in order to ensure their efficient operation. It is modern information systems that are responsible for efficient planning and management of company resources and allow companies to expand their business. Information system implementation is a real challenge for managers, operations staff, customers and subcontractors, especially in manufacturing enterprises, so it must be carefully planned and carefully executed. In case of absence of any fixed IT solution, the company can make a decision about the creation of new and individual IT system which meets all its demands. However, such a decision can be made by large companies or groups of companies with the same or similar profile from the point of view of high costs, extended implementation time, as well as high complexity and significant risk. At the present time, there is no economic reasoning for small and medium-sized companies to create a complex IT system from zero. Only one solution is to integrate the current production system (which has been developed throughout years in another company) or system, obtained from the external supplier specialized in the separate field with ERP system that is in charge of managing the other company activities. In addition, comprehensive and actual calculation of production expenditure requires the integration of process management systems, financial systems and payroll systems. Data provided by these systems, including the cost of raw materials consumed, cost of labor force, mass media and equipment, distribution switching mechanisms, cost distribution lists and automatic accounting procedures benefit system users to precisely calculate production costs. Detailed and up-to-date information about the production process and product costs, together with complex logistics information allows us to make reasonable and rational decisions about the future activity of the company, to increase the scale of production of the most profitable products or re-organize some business processes which may lead to a deceleration in the production of low-margin products. Empirical proof shows that there are not any complicated IT solutions that enable production companies to satisfy their needs in terms of logistics, finance, accounting and production process management. Certainly this is related to the fact that even though some procedures like finance, accounting, logistics, reclamation are very alike in different companies at the cost of legal requirements, production processes are individual and peculiar for each one. Thus, it is usually difficult, possibly, to apply certain production process procedures on the available wide-spread IT software. Keywords: Information technologies, company, production process, business activity

Building a Banking Management System with Full Stack Java

The system encompasses a comprehensive range of functionalities crucial for efficient banking operations, including account management, transaction processing, customer relationship management, and security features. Leveraging Java's versatility, the system employs Spring Boot for backend development, Angular for frontend user interfaces, and Hibernate for database interaction, ensuring scalability, flexibility, and maintainability. Key aspects addressed in this paper include architectural design, database modeling, user interface development, security measures, and integration of essential banking features. Through a rigorous development process and adherence to industry standards, the resulting banking management system demonstrates reliability, performance, and adaptability to evolving banking needs. This paper contributes a valuable resource for developers and researchers interested in building modern, robust banking solutions using full stack Java technologies.

Pengelolaan Dana Desa Melalui Prinsip Good Village Governance di Desa Suci Kecamatan Karangpawitan Kabupaten Garut

This research discusses the management of village funds conducted by the Desa Suci government through the principle of Good Village Governance. The purpose of this study is to describe how Village Fund Management is carried out by the Government of Desa Suci in order to realize optimal village fund management through the application of the principles of Good Village Governance in Desa Suci. The theory used is the theory of Good Village Governance from Haris Fauzi (2023) in theory states the embodiment of Good Village Governance in village financial management through the principles of transparency, participation, and accountability. This study used descriptive qualitative methods. Data collection was used through interviews with the village government, the village consultative body (BPD), village assistants, and TAPMD of 10 people. The results of this study indicate that the management of village funds conducted by the Government of Desa Suci is good but still not optimal. Transparency conducted by the Government of Desa Suci using information media in the form of websites, Billboards, information distributed by each hamlet through RT and RW groups. The embodiment of participation in the form of community aspirations by holding deliberations, and involving the community in the implementation of activities. Accountability carried out by the Government of the sacred village from the planning stage to the accountability stage by conducting village fund management in accordance with procedures, accountable management through reports to the government on it and the village community. Although the management of funds by the Desa Suci government is good, there are still obstacles, namely from the condition of the community, the low capacity of the village apparatus, changing policies and regulations, and limited village funds to realize the needs of the community. Keywords: Accountability, Participation, Transparency, Village Fund, Good Village governance.

A Study on Risk Management in Accounting of Top 5 Indian Companies.

A Study on Risk Management in Accounting of Top 5 Indian Companies.

Business accounting and information support through the QR- coding system

Business accounting and information support through the QR- coding system

Werden die Notlagenschulden je zurückgezahlt?

Abstract This paper analyses Germany’s approach to repaying emergency debts. It explores legal frameworks, fiscal implications and challenges in debt management. Despite legal obligations, public discourse often misunderstands the details of repayment, raising concerns about fiscal sustainability. The paper calls for transparent and accountable debt management to ensure intergenerational fairness.

Pendampingan Digital Marketing bagi UMKM di Desa Wisata Bumiaji

MSME owners must employ digital media to promote their products effectively. Micro, Small, and Medium Enterprises (MSMEs) that possess online connectivity, utilize social media platforms and enhance their e-commerce capabilities would attain more incredible business growth and profitability advantages than MSMEs that still need to acquire these skills. The purpose of conducting community service activities in 2023 is to aid MSME owners in the surrounding area with digital-based marketing so that they may stimulate the economy of Bumiaji Tourism Village to become an autonomous and progressive village. The Batu Orange Cake shop based in the Bumiaji Tourism Village is the focus of the internet marketing campaign. The implementation approach elucidates the sequential stages of executing the proposed solution to address partner issues, specifically the planning and execution phases. Community outreach initiatives are scheduled to take place from August to October 2023. This mentorship activity focuses on supporting the proprietor of Oren's Cake company in the Bumiaji Tourism Village, specifically in social media marketing. The service team collaborated in producing a video that will be utilized as Batu Orange Cake's content on Instagram. In addition, support is offered in utilizing Instagram as a platform for digital marketing. The expectation is that upon completing this activity, Instagram account owners and managers will retain the ability to continue using Instagram.

금사업자, 스크랩등사업자에 대한 조세특례 제도의 일몰(日沒) 종료에 따른 시사점과 법적 문제

The Act On Restriction On Special Cases Concerning Taxation has established the ‘Special Taxation for Payment of Value-Added Tax by Purchasers of Gold-Related Products, Scraps’ to fundamentally prevent tax evasion and disrupt the market's trading order, and also created a ‘Deduction of an input tax amount for scraps, etc.’ to expedite the settlement of the Special Taxation for Payment of Value-Added Tax by Purchasers. This entails deducting the tax amount for the increase in import amounts, etc. Although this Deduction of an input tax amount for scraps, etc. sunsetted on December 31, 2023, after termination by the sunset clause, it is considered necessary to improve the ‘Special Taxation for Payment of Value-Added Tax by Purchasers of Gold-Related Products, Scraps’ itself to ensure the continued promotion and maintenance of trade activation in the gold and scrap markets through value-added tax payer payments. It is necessary to induce smooth taxpayer cooperation by improving the system in the direction of reducing taxpayer cooperation costs. As specific improvement measures, suggestions include: ① reducing the difficulty of account management by assigning dedicated accounts by target business rather than item-specific accounts as current practice, ② limiting the compulsory use of dedicated transaction accounts to pay the value-added tax amount, without forcing the deposit of product values, and ③ proposing flexibility in the value-added tax payment date by not mandating the deposit of the value-added tax amount until the day after the date of supply.

Implementation of Analytical Accounting Models and Management Indicators and Development of Business Intelligence and Business Analytics Tools in Urban and Metropolitan Collective Transport Operators: A Case Study

Purpose: The study aims to conceptualize and describe tools for improving the strategic definition of business models and facilitating decision-making in urban transport. It focuses on integrating Information and Communication Technologies (ICT), Artificial Intelligence (AI) and Business Intelligence (BI) tools to address sustainability concerns and enhance operational efficiency. Method: The research explores the evolution of management tools in urban transport, and use the case study of Transportes Interurbanos de Tenerife S.A.U. (TITSA) in order to illustrates practical application. Result and Conclusion: The implementation of analytical accounting models and BI tools result in significant improvements in decision-making and operational efficiency. It allowed for better cost calculation, revenue analysis, and margin identification.

Assessing the Impact of Blockchain Technology on Financial Reporting and Audit Practices

The significant influence of blockchain technology on contemporary financial reporting and auditing procedures is examined in this paper. The rapid spread of blockchain technology brought about a new era in financial data management, which can completely transform the accounting ecosystem's efficiency, security, and transparency. This study explores the various ramifications of blockchain adoption in accounting, concentrating on how it affects regulatory compliance, audit trail integrity, cost-effectiveness, smart contracts, and financial reporting accuracy. This study aims to clarify blockchain technology's advantages and challenges to accounting professionals, regulators, and auditors by analyzing its disruptive potential. With the help of growing regulatory frameworks and real-world use examples, it offers a thorough grasp of how financial reporting and auditing processes are changing in the blockchain era. The study also emphasizes the significance of understanding how blockchain technology changes traditional accounting practices as more companies incorporate it into their financial operations. It draws attention to the benefits of blockchain technology. Also, it emphasizes the need for flexibility and compliance with legal requirements to fully realize its potential in the fields of audit assurance and financial reporting. This investigation allowed us to provide accounting managers, professionals, policymakers, and other stakeholders with priceless knowledge of the potential for blockchain technology to revolutionize the accounting industry.

SWASTHYA: A Comprehensive System to Manage Hospitals

Swasthya: A Comprehensive System To Manage Hospitals designed to better and expedite healthcare facilities' operational efficacy facilities to get benefits on Health and Services. This integrates various aspects of hospital operations, administration, and patient care. This is built upon a robust database architecture, allowing healthcare professionals to manage patient information securely and efficiently. It encompasses modules that cater to different departments within a hospital. Keyword: Account Management ,Administration ,Appointment Scheduling ,Cost Effectiveness, Patient Care, Patient Information

Increasing seasonal variation in the extent of rivers and lakes from 1984 to 2022

Abstract. Knowledge of the spatial and temporal distribution of surface water is important for water resource management, flood risk assessment, monitoring ecosystem health, constraining estimates of biogeochemical cycles and understanding our climate. While global-scale spatiotemporal change detection of surface water has significantly improved in recent years due to planetary-scale remote sensing and computing, it has remained challenging to distinguish the changing characteristics of rivers and lakes. Here we analyze the spatial extent of permanent and seasonal rivers and lakes globally over the past 38 years based on new data of river system extents and surface water trends. Results show that while the total permanent surface area of both rivers and lakes has remained relatively constant, the areas with intermittent seasonal coverage have increased by 12 % and 27 % for rivers and lakes, respectively. The increase is statistically significant in over 84 % of global water catchments based on Spearman's rank correlations (rho) above 0.05 and p values less than 0.05. The seasonal river extent is nearly 32 % larger than the previously observed annual mean river extent, suggesting large seasonal variations that impact not only ecosystem health but also estimations of terrestrial biogeochemical cycles of carbon. The outcomes of our analysis are shared as the Surface Area of Rivers and Lakes (SARL) database, serving as a valuable resource for monitoring and research of hydrological cycles, ecosystem accounting, and water management.

The influence of state-owned property management, the implementation of the State-Owned Property Management Accounting Information System and human resource competency on the quality of government financial reports

This study explores the complex connection between the management of State Property, the utilization of the State Property Accounting Management Information System, the proficiency of personnel, and their combined influence on the accuracy of financial statements in government organizations. This research seeks to investigate the impact of effective State Property management, facilitated by advanced technological systems such as State Property Management and Accounting Information System, and bolstered by skilled human resources, on the dependability and precision of financial reporting in the public sector. The study will analyze scholarly literature and empirical evidence to achieve this objective. By integrating descriptive and verification methodologies, this research study utilizes a quantitative approach to investigate the influence of human resource competence, the administration of State Property, and the implementation of the State Property Accounting Management Information System on the quality of financial statements within government organizations. The variables are operationalized and measured using indicators that pertain to the quality of government financial accounts, management of State Property, implementation of State Property Management and Accounting Information System, and human resource competency. Data is gathered by distributing questionnaires to the personnel of the Regional Office of the National Land Agency of West Java Province. The total population consists of 54 individuals, and a saturated sampling strategy is used. To summarize, this study highlights the significance of efficient management of State Property and the adoption of State Property Management and Accounting Information System in improving the accuracy and reliability of government financial accounts. Nevertheless, a more thorough examination is necessary to ascertain the exact influence of human resource expertise. These findings enhance the existing information on financial management in the public sector and identify areas where government financial reporting standards might be improved.

THE ROLE OF THE ACCOUNTING ASPECT OF INNOVATIVE ACTIVITIES OF REGIONAL ENTERPRISES IN ENSURING THEIR ECONOMIC SUSTAINABILITY

In a world of rapid and continuous change and constant competition, innovation is becoming an important element in the sustainable development of companies and regions. A key factor in the success of innovation processes is the accounting aspect, which involves the systematisation, analysis and documentation of innovative changes. The study of this topic is becoming increasingly relevant due to the need to identify and solve problems related to innovation accounting. It aims at combining two strategically important areas – innovative development of enterprises and modern approaches to accounting and financial management. Purpose of the article. The purpose of the publication is to identify the key aspects of the problems associated with accounting for innovation activities at enterprises, as well as to reflect the role of such accounting in ensuring their economic sustainability. Methodology. The methodological basis of the work was formed by general scientific and special research methods: comparison, analysis, generalisation, graphic and tabular. The information base is based on official statistics, company reports and accounts, Internet resources and publications, and the results of the authors' own research. Practical implications. The research examines the problems of accounting for innovation activities of enterprises and makes proposals for their solution. The Ukrainian legislation regulating accounting lacks a coherent methodology for accounting for innovation costs. In order to provide the necessary analytical information on the costs of innovation activity, it is recommended to use accounts of the eighth class, opening sub-accounts of the third, fourth and higher order. Value/originality. The sources of financing and peculiarities of accounting for innovation activities of enterprises are studied, the main of which are the state resources and resources of enterprises and other business entities. Among the non-traditional sources of financing are venture capital funds, business incubators, business angels and crowdfunding.

Redactable Blockchain-Based Secure and Accountable Data Management

Blockchain provides trustworthy properties such as decentralization, traceability, and transparency, and has been applied in various fields. Given the complexity of guaranteeing the accuracy of the input data, erroneous data may be stored on the blockchain, making it hard to modify. As an effective solution, redactable blockchain allows on-chain data to be modified by introducing a chameleon hash function with a trapdoor, which enables on-chain erroneous data to be corrected. However, existing redactable blockchain solutions often require trusted third parties, have huge overhead, or lack effective accountability mechanisms to meet data security needs. Therefore, this paper proposes a secure, efficient and accountable data management scheme based on redactable blockchain. To cope with the possible frequent editing needs, we design an efficient and accountable distributed trapdoor recovery mechanism that reliably maintains data security while avoiding the security risks associated with centralized management. Various information during the trapdoor management process is also recorded on the chain as the basis for implementing accountability mechanisms. In addition, the one-time trapdoor technology allows the blockchain system to reduce the maintenance complexity of the system by eliminating the need to frequently update the system parameters when partial trapdoor information needs to be published. Theoretical and experimental results show that our scheme can achieve an efficient accountability mechanism while modifying the data on the chain at low cost.