Loss Of Assets Research Articles

Climate Shocks in the Anthropocene Era: Should Net Domestic Product Reflect Climate Disasters?

The asset costs of natural disasters in the United States grew rapidly from 1980 to 2023, with the trend rising 4.9% annually in real terms to $90 billion in 2023. Much of this trend in asset losses is likely due to climate change, and implies a faster depreciation of real assets. We argue that the expected depreciation from these events should be included in consumption of fixed capital (CFC), leading to lower levels and slightly lower growth rates for net domestic product (NDP) and net domestic investment. We use Poisson pseudo‐maximum‐likelihood regressions to estimate this expectation and to generate our experimental measure of costs. An alternative calculation of CFC and NDP might directly include the time series of costs incurred rather than the far smoother expectation; this was the procedure adopted before 2009 and resulted in abrupt changes in NDP.

SOME ASPECTS OF RESEARCHING THE PROBLEM RISKS IN INSTITUTIONAL MANAGEMENT TRANSFORMATIONS IN THE FIELD OF EDUCATION: US EXPERIENCE

The article is devoted to the analysis of the American accounting experience potential risks in the management of institutional transformations. Goal articles - to reveal some aspects of the US experience in taking into account risks in management institutional transformations in education. Theoretica research methods applied: study of scientific literature, analysis, systematization, comparison, specification, generalization of information. The implementation of transformations in the educational sector (of institutional transformations) is associated with the emergence of certain risks. There is set of potential risk factors with which any organization, including higher educational institutions, collides permanently or temporarily, including: threats from natural disasters such as hurricanes, fires from thunderstorms lightning, floods, etc.; failures and failures in the operation of service systems of the type interruptions and power outages, protection failure, failures equipment, etc.; malicious actions such as sabotage, terrorism, computer actions fraud; the so-called human factor, that is, errors due to negligence employees, their lack or lack of necessary knowledge and skills. Taking into account the peculiarities of educational organizations, it is suggested to divide all potential risks and the necessary institutional transformations associated with them into four main categories: strategic risks, financial, legislative, etc operating rooms Strategic risks involve long-term threats that can to influence the successful activity of a higher educational institution. Financial risks foresee the possibility of loss of material means and other assets. Legislative risks involve improper implementation of state laws and instructions, as well as local regulations when implementing institutional ones transformations Operational risks involve erroneous actions of individuals, cases of fraud in the university environment. In addition, one more is known a category of risk that is very important for educational institutions is the risk of losing reputation The reputation of the higher educational institution, its image and prestige have of great importance for the successful functioning of higher education institutions. Higher education institutions should participate in the evaluation of their propensity to risks and have a complete understanding of all the categories of risks they may face to meet The article analyzes some possible approaches to risk assessment, which are offered by American scientists. Expediency is emphasized the use of American experience in Ukraine, where they are taking place today significant institutional transformations in the field of education.

Factors affecting the spiritual rehabilitation of people affected by natural disasters: a systematic review.

Every year, natural disasters in many countries lead to the destruction of infrastructure, loss of assets, and harm to the physical, mental, social, and spiritual health of people. The attention of policymakers and the media is mostly focused on the reconstruction of damaged buildings and the physical rehabilitation and recovery of the injured, while the spiritual rehabilitation of the people affected is often neglected. This study aims to identify the factors influencing the spiritual rehabilitation of people affected by natural disasters. This study was conducted using a systematic literature review following the PRISMA guidelines. Relevant studies were extracted from data sources, including MEDLINE (PubMed), Web of Science, Google Scholar, Embase, ProQuest, PsycInfo, Scopus, IranMedex, SID, and ISC. Systematic review studies, key journals, and conference proceedings related to the factors affecting the spiritual rehabilitation of individuals after natural disasters from January 1, 2020 to March 31, 2022 were included. Thematic analysis was used to analyze the obtained data. Initially, 1,753 studies were identified based on the initial search, and eventually, 22 final studies were included in the study. Based on the thematic analysis results, the factors influencing the spiritual rehabilitation of people affected by natural disasters were classified into four main themes and eleven sub-themes. The main themes included communication with God, strengthening religious beliefs, social participation, and meaning-making. The sub-themes included praying, using supplication, reading the holy book, praising God, believing in the afterlife, understanding the position and characteristics of the world, understanding the divine, participating in religious ceremonies, membership in supportive groups, the meaning of suffering and adversity, and the meaning of death. The results of this study demonstrate that the connection with the divine (God), strengthening religious beliefs, social participation, and meaning-making are influential factors in the spiritual rehabilitation of affected people after natural disasters. Incorporating these factors in the spiritual counseling and care of the affected people can improve their spiritual health after encountering the destructive effects of natural disasters. These findings can provide valuable insights for managing natural disasters through a holistic approach to the health of affected people, and can guide caregivers in implementing spiritual rehabilitation interventions.

���˲��� ��˲���� � ���в �����̲��ί ������� �������

The article examines the issue of business economic security in the context of public policy, with a particular focus on the challenges faced by enterprises in Ukraine during the full-scale war. Business economic security is one of the key elements of the stable functioning of the national economy, as entrepreneurial activity serves as the foundation for economic growth, job creation, and state budget revenues. However, modern challenges such as war, inflation, currency fluctuations, political instability, and cyber threats jeopardize the stability of enterprises, emphasizing the importance of state intervention and support. The study analyzes the theoretical aspects of business economic security, including the concept of economic security, its main characteristics, and factors influencing the resilience of enterprises. The role of the state in ensuring economic security, particularly in wartime conditions when businesses suffer significant losses due to infrastructure destruction, asset loss, and production capacity damage, is also explored. The article pays special attention to analyzing the existing public policy mechanisms aimed at supporting business economic security in Ukraine. Legislative initiatives, regulatory tools, and institutional mechanisms used by the state to protect businesses from economic threats are reviewed. The article also highlights international approaches to shaping public policy in the field of economic security, which can be useful for improving national strategies. The authors consider the main threats to business economic security, including inflation, currency fluctuations, financial crises, political risks, war, international sanctions, as well as technological challenges and cyber threats. The war in Ukraine creates new economic and political risks that negatively affect the business environment, particularly through infrastructure destruction and loss of the workforce. The study proposes strategies and recommendations for enhancing business economic security in the context of war and economic crisis. In particular, it emphasizes the need to increase transparency and stability in public policy, develop partnerships between the state and business, and support innovative and technological initiatives. Implementing these recommendations will allow Ukrainian enterprises to better adapt to new challenges and minimize risks associated with economic instability. The article concludes by summarizing the key aspects of the study and stating that future research should focus on exploring new challenges related to post-war economic recovery and developing comprehensive strategies that will enable businesses to remain resilient and competitive in the face of both global and local crises.

Features of display in account of compensation of losses from written-off stocks during the period of martial state

The paper is devoted to the issues of reflecting in the accounts compensation for losses from written-off stocks during the period of martial law. The relevance of this direction of research is due to the fact that, unfortunately, at enterprises in places where assets are stored, processes of theft, improper storage and deterioration of stocks sometimes occur, as a result of which business entities suffer losses. Therefore, the use of compensation mechanisms by the guilty parties (employees of the enterprise, the aggressor country) and their reflection in accounting lead to a decrease in costs during the write-off of stocks from the enterprise's balance sheet. Every enterprise in Ukraine, during its activity, necessarily records stocks that can be used in production, trade, administration or in other areas of work. Special attention is paid to the places of their storage during the receipt of these assets. We believe that the data of warehouse accounting of stocks should coincide with the data of accounting. But, unfortunately, there are situations in which, after an inventory or military aggression, it is necessary to write off undetected (stolen), damaged or destroyed stocks. In today's conditions, Ukrainian enterprises suffer significant losses as a result of martial law. The use of unmanned aerial vehicles and missiles by Russia, the occupation of a large part of Ukrainian territories, the location of enterprises in war zones or close to them leads to the loss of enterprise assets. We have researched that these losses can occur as a result of direct ammunition hits, fires, and breakdown of equipment used to preserve stocks. Unfortunately, the loss and deterioration of stocks leads to the mismatch of their recognition as assets and the subsequent receipt of economic benefits.

POLICY BRIEF: TACKLING THE SOCIAL, ECONOMIC, AND LEGAL IMPACTS OF ONLINE GAMBLING IN INDONESIA

Online gambling has rapidly become a pervasive issue in Indonesia, fueled by increased internet access and the widespread use of smartphones. This policy brief provides a comprehensive analysis of the social, economic, and legal impacts of online gambling in Indonesia, while offering actionable policy recommendations to mitigate its negative effects. This research synthesizes findings from six key studies and integrates insights from thematic analysis conducted through stakeholder interviews, including perspectives from psychologists, legal experts, law enforcement officials, and community leaders. The analysis highlights significant mental health challenges associated with online gambling, particularly among teenagers and family leaders, such as increased stress, anxiety, and family disintegration. Economically, online gambling leads to financial ruin for many families, resulting in debt accumulation, loss of assets, and broader community-level economic instability. Legally, the study identifies critical gaps in Indonesia's regulatory framework, which struggles to address the complexities of online gambling in the digital era. The findings underscore the need for comprehensive policy interventions, including updates to legal frameworks, enhanced law enforcement capabilities, public education initiatives, and community-based support systems. By implementing these strategies, Indonesia can more effectively combat the negative impacts of online gambling, protect vulnerable populations, and promote a healthier, more secure society.

Poverty Impacts of the Pakistan Flood 2022

AbstractIn the summer of 2022, devastating floods hit Pakistan with a profound negative impact on lives and livelihoods. Apart from the irreconcilable loss of life, household welfare was negatively impacted through the loss of household income, loss of assets, and rising food prices. Yet, in the absence of just-in-time household survey data, evaluating the welfare impact is challenging, particularly in terms of estimating monetary poverty. This paper demonstrates how real-time satellite data, in combination with administrative data and historical household survey data, can be used to model the impact of floods on Pakistani households. In the context of data and time constraints, we present a practical methodology to simulate the expected impact of a natural disaster on monetary poverty from an ex-ante perspective. Estimates show that, as a direct consequence of the floods, the national poverty rate would increase by 4.0 to 4.3 percentage points, pushing around 9 million people below the national poverty line. Moreover, a spatially disaggregated analysis showed that the magnitude of shocks varied across locations and households depending on the intensity of the flooding and household characteristics. These estimates, which informed the Post Disaster Needs Assessment and were later used to frame the Donor Conference for Pakistan, provide an example of rapid modeling in the absence of real-time household survey data.

Socio-Economic Vulnerability to Potential Flood in Tamakoshi River in Nepal

Tamakoshi, a transboundary river flowing from Tibet, China to Nepal has experienced several disastrous flash floods resulting in the loss of lives, infrastructures, settlements, lands, and other assets. Many households, populations, and public and private properties such as houses, land, roads, bridges, etc. are likely to be affected by the potential flash floods. This study discusses the occurrence of flash floods, losses and damages from such floods in the past, and socio-economic vulnerability to potential flash floods. It further discusses the preparedness and response activities and identifies the measures for flood risk reduction. The methods adopted for data collection included observation, household surveys, and focus group discussions. The villages selected for detailed study are Gongarkhola, Jagat, Jamune, Bhorle, and Sigati bazaar, identified as the most vulnerable settlements along the Tama Koshi River. It is found that flash floods and high-intensity precipitation occur frequently in the study area resulting in loss of life and properties, and people and properties are exposed to the potential flash floods. Local people are still feeling vulnerable to such flash floods. The government authorities alone are not able to achieve greater success in carrying out preparedness and response activities for flood risk reduction without the active involvement and participation of the vulnerable communities. Development and effective implementation of land-use guidelines and building codes, watershed management, early warning systems, and networking among the people residing across the river are some of the activities identified to reduce flood risk. Although people have a good understanding and knowledge about floods and their occurrences, they pay less attention to preparedness and mitigation. It is also concluded that structural measures alone are not sufficient and effective enough for flood risk reduction

DFier: A directed vulnerability verifier for Ethereum smart contracts

Smart contracts are self-executing digital agreements that automatically enforce the terms between parties, playing a crucial role in blockchain systems. However, due to the potential losses of digital assets caused by vulnerabilities, the security issues of Ethereum smart contracts have garnered widespread attention. To address this, researchers have developed various techniques to detect vulnerabilities in smart contracts, with fuzzing techniques achieving promising results. Nonetheless, current fuzzers are unable to effectively exercise suspicious targets because they overlook two key factors: comprehensively exploring all paths to the targets and providing high-quality directed seed inputs. This paper presents a Directed vulnerability veriFier (DFier), which elaborates effective transaction sequences with directed inputs for the fuzzer. This focuses on exploring target paths and automatically validating whether the specified locations are vulnerable. Specifically, DFier employs static analysis to help locate target paths, facilitating their comprehensive exploration. Additionally, we devise three heuristic strategies to enable our fuzzing technique to generate directed inputs that effectively validate the targets. Extensive experiments demonstrate that DFier is effective in verifying contract security, compared with three existing contract fuzzers (i.e., contractFuzzer, sFuzz, and conFuzzius), while the performance losses are in an acceptable range.

Food security is a global problem of humanity and the main factors affecting it

Food, its production, distribution and consumption are the most important elements of the world economic system. The significance of the food problem is determined primarily by the fact that in the structure of human needs, the need for food is of primary importance. In addition, the degree of her satisfaction is insufficient. The problem of food security is one of the most important global problems today. Rising food prices amid the global financial crisis have made food unaffordable for many families, especially in developing countries. The article analyzes various scientific approaches that explain the essence of the global food problem, the place of food security in the system of economic security of the state as its separate component. According to the processed materials of the FAO (Food and Agriculture Organization of the United Nations), modern views on food security as one of the global problems of mankind were systematized, the world state of food security was analyzed and the main factors affecting it were determined. It was established that the largest number of undernourished people live in Asia (55%), Africa (37%), Latin America and the Caribbean (8%). It was found that poverty is the main driver of food insecurity. Losses of food products at all stages of their promotion in the supply chain (production, transportation, storage and consumption), as well as FAO recommendations on ways to transform food systems to solve the global food problem and «ensure access to affordable and healthy food for all segments of the population in the countries of the world» are given in the context of achieving the goals of sustainable and inclusive development». The problem of food supply for Ukraine is briefly described. According to a preliminary estimate by the FAO, direct losses of assets in the field of agriculture as a result of the war in Ukraine amount to more than 6.5 billion US dollars. At present, the losses of available cultivated areas amount to more than 25% including more than 70% of irrigated lands, about 25% of berry crops and — 20% of gardens.

Asset risk assessment and management of large-scale electricity enterprises under the concept of financial sharing

The power grid is an important industry that is crucial to national security and economic development, and its importance in society continues to grow. As an emerging concept, financial sharing enables internal resource sharing and optimization, thereby improving the efficiency and effectiveness of asset management. This study investigates and analyzes the current situation of asset management in large-scale electricity enterprises in X Province, China, and proposes a comprehensive asset management strategy optimization plan based on the concept of financial sharing. The proposed plan integrates management models such as PDCA and designs an entire information management architecture to enhance resource utilization efficiency, reduce environmental pollution risks, and optimize asset allocation and operational decisions. In addition, it also utilizes the status of assets to assess the risks associated with fixed assets in the power grid. The results indicate that the asset risk assessment method under the concept of financial sharing can reduce power grid asset losses, effectively enhance the competitiveness and sustainable development capabilities of electricity enterprises.

Monetary tightening and U.S. bank fragility in 2023: Mark-to-market losses and uninsured depositor runs?

We develop a conceptual framework and an empirical methodology to analyze the effect of rising interest rates on the value of U.S. bank assets and bank stability. We mark-to-market the value of banks’ assets due to interest rate increases from Q1 2022 to Q1 2023, revealing an average decline of 10 %, totaling about $2 trillion in aggregate. We present a model illustrating how asset value declines due to higher rates can lead to self-fulfilling solvency runs even when banks’ assets are fully liquid. Banks with high asset losses, low capital, and, critically, high uninsured leverage are most fragile. A case study of the failed Silicon Valley Bank confirms the model insights. Our empirical measures of bank fragility suggest that, in the absence of regulatory intervention, many U.S. banks would have been at risk of self-fulfilling solvency runs.

EFFECT OF DOMESTIC VIOLENCE ON WOMEN PARTICIPATION IN FARMING ACTIVITIES IN AKWA IBOM STATE, NIGERIA

Domestic violence against women in agricultural households presents a multifaceted challenge affecting both the individuals involved and broader agricultural productivity. The objective of the study was to; describe the socio-economic characteristics of the respondents; examine the nature of domestic violence prevalent in the study area; identify the causes of domestic violence and determine the level of participation of women in farming activities; and examine the effect of domestic violence on women farming activities in the study area. Multi-stage sampling and random sampling techniques were used to select 180 respondents for the study. The primary data obtained using a well-structured questionnaire was analyzed using descriptive statistics and a three-point Likert scale. The result showed that reveals that the majority (56.7%) of the respondents were between the age range of 26 – 45 years, 86.7% were married and all the respondents had some form of formal education. Further investigation revealed that physical violence, sexual violence, emotional violence, economic violence, and psychological violence were prevalent in the study area. The farming activities participated by women included planting, harvesting, land clearing, bush burning, processing, irrigation, decision making, farm labor, marketing, farm groups, extension activities, family discussions, and farm programs. This violence significantly impacts women's ability to engage effectively in farming activities, leading to reduced income, loss of assets, and diminished productivity. The major effects of violence on farming activities of the respondents in the study area were reduced income, lack of strength to continue with farming activities, lack of concentration on farming activities, reduced time devoted to farming activities, and loss of ownership of farm or asset. Based on the findings, to reduce the ugly incidence of domestic violence against women in the study area, there is a need to mandate law enforcement agencies by the government to arrest and prosecute perpetrators of domestic violence against women in the study area, highlighting the need for comprehensive interventions to address domestic violence against women in agricultural households, promoting gender equality, women's empowerment, and agricultural development for food security and economic prosperity.

Актуализация вопросов возврата и совершенствования управления зарубежной государственной собственностью Российской Федерации

Recently, the issues of improving the management of Russian state property located abroad have become particularly relevant. This is evidenced by the recent decisions of the President of the Russian Federation, discussions in the expert community and in the scientific literature. The problems of protecting and preventing the loss of foreign Russian assets related to the sanctions imposed by foreign countries are acute. The regulatory framework governing the management of such property needs to be improved. A nonstandard approach to the search and accounting of foreign property is required. New tools are needed to improve the management of foreign Russian assets.

The Impact of ESG Regulations and Taxonomy on the Credit Process in Commercial Banks

The purpose of the article is to present the impact of legal regulations in the field of sustainable development (ESG) and taxonomies on the course of credit processes in commercial banks. Methodology refers to studies of legal regulations, comparative analysis of cases (case study) and inference. Results of the research show that the implementation of ESG regulations and taxonomies and the adaptation of credit processes in commercial banks will result in structural changes in loan portfolios in the near future while moving away from financing dirty industries towards the green ones. As a result, the financing stream for green assets and those supporting sustainable development will be increased, while the financing of dirty assets will be significantly reduced due to the increase in risks and accompanying costs for customers and banks. It is expected that even if some banks grant loans to finance dirty assets, they will only be short-term loans and will require high servicing costs (commission, margin, legal security, and insurance). This is due to the fact that the portfolio with credit exposures in the so-called dirty industries (mining, construction, trade) will escalate the increase in ESG risk. Such a portfolio with dirty exposures will require banks to secure additional reserve capital to maintain higher general and sector systemic risk buffers. Some banks will completely stop financing assets from dirty industries, which will mean that some of them will be abandoned due to the lack or high costs of their modernization, intensifying the negative socio-economic consequences. The ongoing process of redirecting the financing stream to green assets in banks means that enterprises and households need to take earlier adaptation actions. These include actions against financing constraints in dirty sectors and likely future losses in infrastructure and assets related to them.

DSCAPS: A decentralized smart contract auditing platform based on sidechain

Successful attacks on smart contracts can result in loss of digital assets with potential financial and reputation implications. This reinforces the importance of auditing smart contracts prior to deployment. However, existing auditing approaches are generally non transparent, inefficient, limited to known bugs, and imprecise due to lack of real-world information in the blockchain. Therefore, we design a Decentralized Smart Contract Auditing Platform based on Sidechain (DSCAPS) in this paper. DSCAPS leverages the two-way peg sidechain technology to implement the interactions between the main chain and the sidechain which is used as the audit chain platform. Unlike conventional centralized audits, blockchain users can evaluate the security of contracts in a real-world smart contract execution environment by designing an appropriate incentive mechanism. Thus, detection results will be more comprehensive and precise. Moreover, to prevent multi-party collusion from manipulating the blockchain or audit process, we introduce a margin mechanism. Findings from our security analysis demonstrate that DSCAPS can mitigate potential threats. Evaluation findings based on the system implementation also show that DSCAPS is efficient in auditing a contract with performance overheads of less than 10%.

Asset Recovery via Non-Conviction based Forfeiture: Rationale for Regulation and Recommendations for Implementation in Vietnam

Abstract Recovering stolen assets through non-conviction based forfeiture is one of eight avenues for asset recovery due to corruption outlined in the United Nations Convention against Corruption. Implementing legislative measures to confiscate criminal property through non-conviction based forfeiture is among the 40 recommendations of the Financial Action Task Force. Vietnam formally signed the United Nations Convention against Corruption in 2003 and, while holding an associate membership status in the Financial Action Task Force, Vietnamese legislation lacks provisions enabling the application of this measure. The magnitude of financial and asset losses attributable to corruption remains substantial, rendering existing legal mechanisms ineffectual. Limited success of asset recovery through criminal judgments were taken into account nonetheless, the current national situation calls for more stringent and emergent practices. Grounded in understanding the efficacy of non-conviction based asset recovery mechanisms, this research paper underscores the necessity for Vietnamese law to incorporate such provisions to combat corrupt practices and proposes actionable recommendations for its adoption. The study seeks to enhance Vietnam’s legal framework concerning asset recovery methodologies for more favorable outcomes in the future. Furthermore, it aims to serve as a credible resource for the global academic community, shedding light on Vietnam’s legal landscape and anti-corruption efforts. The findings of this study also benefit developing nations, particularly those in the process of formulating regulations about non-conviction based asset recovery measures.

Modeling the macroeconomic consequences of natural disasters: Capital stock, recovery dynamics, and monetary policy

Natural disasters can cause substantial damage to public and private sector infrastructure capital, generating macroeconomic losses through complex channels. These shocks must be managed and accounted for with macrofiscal and monetary policy to minimize their welfare impacts. To support this process, we adapt the World Bank Macrostructural Model to capture key transmission channels of natural (geophysical or climate-related) disasters and their immediate aftermath. The macroeconomic model is extended on several fronts: (1) a distinction is made between infrastructure and noninfrastructure capital; (2) the production function is adjusted to account for short-term complementarity across capital assets; (3) the reconstruction process is modeled to consider postdisaster constraints, with distinct processes for the reconstruction of public and private assets. Destroyed infrastructure capital makes the remaining noninfrastructure capital less productive, which means that disasters reduce the total stock of capital and its marginal productivity. Upon applying the model to Türkiye data, the welfare impact of a disaster — proxied by the discounted consumption loss — is found to increase nonlinearly with direct asset losses. Macroeconomic responses reduce the welfare impact of minor disasters but magnify it when direct asset losses exceed the economy’s absorption capacity. The welfare impact also depends on the preexisting economic situation, the ability of the economy to reallocate resources toward reconstruction, and the response of monetary policy. Appropriate macrofiscal and monetary policies offer cost-effective opportunities to mitigate the welfare impact of major disasters.

The impact of land expropriation on changing livelihoods: The case of displaced peri-urban farmers in Kon and Gashena towns, Ethiopia

The research examines how urban growth and land expropriation have affected farming communities in the towns of Gashena and Kon over the past twenty years. The study used a case study approach, utilizing methods such as open-ended interview checklists, structured questionnaires, and focus group discussions. It reveals a significant reduction in available farmland due to horizontal urban growth, leading to the displacement of numerous farm holdings and disruption of agricultural practices. By analyzing municipal data and employing simple regression modeling, the research anticipates further expansion, underscoring persistent urban growth trends. Economic displacement emerges as a pressing issue, as farmers grapple with finding alternative sources of income, exacerbating food insecurity within affected communities. Moreover, the study unveils diverse impacts on displaced farm holdings, including shifts away from agriculture in livelihoods and substantial income losses. The loss of land assets poses a threat to agricultural productivity and community sustainability. Despite assurances from municipal authorities, the lack of support, guidance, and training contributes to community dissatisfaction. The research underscores the interconnectedness of land, food, culture, and identity, emphasizing the necessity for comprehensive strategies to address the multifaceted impacts of land expropriation. Recommendations include policy interventions, support for transitioning farmers, promotion of sustainable land use practices, and fulfillment of promises regarding support and infrastructure development. Providing training and guidance services for displaced individuals is also crucial for addressing the challenges of land expropriation effectively.

Rancangan Aplikasi Sistem Pengelolaan dan Pelaporan Aset di SMPN 218 dengan Metode Sequential Linear Waterfall menggunakan PHP dan MySQL Berbasis Web

Effective asset management is crucial for ensuring that assets are easily monitored and tracked. Currently, SMP Negeri 218 Jakarta manages assets manually by recording them in books before inputting them into spreadsheet software. This manual process results in suboptimal data management and asset reporting, leading to inefficiencies and increased risk of asset loss. The proposed solution is to design an asset management information system in the form of a web application to improve data handling and reporting efficiency. This study employs the PHP programming language within the Laravel framework and a MySQL database on the Xampp web server, utilizing the Sequential Linear (Waterfall) method. Functional testing of the system by web experts yielded a feature completeness score of 1, indicating its suitability and reliability for use in managing assets at SMP Negeri 218 Jakarta. The developed system aims to streamline asset management processes, enhance report accuracy, and provide timely access to asset data, ultimately supporting better decision-making and resource management within the school.