Depreciation Of Assets Research Articles

Управление основными фондами в контексте обеспечения финансовой безопасности регионов Севера и Арктики Российской Федерации

This study explores the management of fixed assets in the context of ensuring financial security for sustainable development in the North and Arctic regions of Russia. Its findings can be used by both regional authorities and business entities to formulate effective policies for managing fixed assets. Focusing on the degree of wear as a key indicatorn of the state of fixed assets in the North and Arctic regions of Russia, the article establishes that there are both longstanding systemic issues and emerging threats to economic security in this domain. An analysis of fixed assets depreciation since 2010 shows that many of Russia’s North and Arctic regions have long been demonstrating critical depreciation values. Further examination uncovers a more complex situation than anticipated. Modern threats, such as the global challenges arising from the COVID-19 pandemic and the geopolitical tensions leading to sanctioning practices and loss of market access to technologies, add another layer of complexity. To mitigate these threats, the study recommends implementing a comprehensive fixed assets management policy, developing incentive programs for timely fixed assets modernization and renewal, and designing import substitution policies. This approach aims to unlock the financial and economic potential of Russia’s North and Arctic regions, ensuring a high level of economic security in fixed assets management.

Non-GAAP Earnings and Definite-Lived Intangible Asset Allocations in Mergers and Acquisitions

ABSTRACT We test whether firms that exclude the effects of amortization from non-GAAP earnings allocate more of an acquisition’s purchase price to definite-lived intangible assets (DLIA). This strategy can yield two potential benefits: it can (1) increase non-GAAP earnings by shifting depreciation of tangible assets, which is often included in non-GAAP earnings, to amortization of DLIA, which non-GAAP earnings exclude, and (2) decrease the likelihood of future impairments by shifting allocations from goodwill to DLIA. Consistent with expectations, we find that non-GAAP-reporting firms that exclude amortization from non-GAAP earnings allocate more of the purchase price to DLIA. We also find that these firms allocate less of the purchase price to depreciable assets and goodwill. Finally, we document earnings surprise and valuation benefits related to these allocation choices. Overall, our results provide new evidence about non-GAAP reporting and purchase price allocations and suggest that non-GAAP reporting can influence management’s GAAP accounting choices. Data Availability: All data are publicly available from sources described in the paper. JEL Classifications: M40; M41; M45.

EFFECT OF RETURN ON ASSETS (ROA), DEBT TO ASSETS RATIO (DAR), AND CURRENT RATIO (CR) ON STOCK PRICE

This study aims to analyze the effect of Return on Assets (ROA), Debt to Assets Ratio (DAR) and Current Ratio (CR) on the stock prices of real estate companies listed on the Indonesia Stock Exchange (IDX) in 2016-2020. Return on assets (ROA) is measured by profit before interest tax, depreciation and amortization of total assets. The debt-to-assets ratio (DAR) is measured by total liabilities divided by total assets, and the current ratio (CR) is measured by total current assets divided by total current liabilities. So far, the stock price is measured by the closing price. The method used is purposeful sampling. The samples used in this study were 31 real estate and real estate companies listed on the Indonesia Stock Exchange (IDX) during 2016-2020. The type of data is secondary data from financial reports and annual reports. The data analysis method used in this study is multiple linear regression analysis. The results of hypothesis testing show that simultaneously return on assets (ROA), debt to assets ratio (DAR) and current ratio (CR) have a significant effect on price.share. Partly, only return on assets (ROA) has a significant effect on stock prices. Meanwhile, the partial Debt to Asset Ratio (DAR) and Current Ratio (CR) have no significant effect on stock prices.

Historical aspects and the current problems of accounting for fixed assets depreciation

Subject. This article conducts historical research to substantiate the organizational and methodological aspects of accounting for the creation and use of depreciation funds in the form of a depreciation reserve. Objectives. The article aims to analyze the procedure for the formation of the depreciation fund as the main source of financing the receipt and creation of fixed assets, as well as the depreciation of fixed assets in the Soviet period, and identify the problems of financing investments in non-current assets in the modern accounting system. Methods. For the study, we used analysis, synthesis, systematization, and generalization. Results. The article identifies the problems between investments in non-current assets and the sources of their financing in the Russian accounting system and shows the logical linkage and sequence of actions of the accountant, leading to an effective system of management of capital investments and their sources in practice. Conclusions and Relevance. The conducted historical research and analysis of current organizational and methodological aspects of accounting for depreciation of fixed assets reveals the need to introduce accounting for the creation and use of a depreciation fund in commercial organizations. The results of the study can be applied in the theory and practice of financial accounting and reporting.

Towards a spatio‐temporal multicriteria evaluation method: A suitability analysis of residential units in a 3D urban environment

AbstractSpatial multi‐criteria evaluation (MCE) techniques aid urban planning management by analyzing decision problem alternatives for solutions to help inform decision‐making. However, there is a lack of such methods that incorporate the temporal dimension, an important factor when analyzing the dynamic urban landscape and decisions surrounding its changes. A novel spatio‐temporal MCE approach is proposed that operates in three‐dimensional (3D) space and time to identify changing suitability values of decision alternatives. This space–time method is implemented to evaluate the suitability of residential units over a 15‐year period in part of downtown City of Vancouver, Canada. The results indicate that the majority of units exhibit a decrease in suitability with time due to depreciation and reduction of assets like view and privacy from the construction of new buildings. The proposed method can be used by urban planners and developers to assist in long‐term assessments of proposed development scenarios and their impact on existing urban infrastructure.

Jignesh Shah vs. Union of India

India is a fast-developing economy, to sustain such growth a healthy cash flow is required. This cash flow is brought in by businesses and companies. But when a company or business begins to default on its loans, it is referred to as becoming insolvent. This causes credit to become trapped in the system or to convert into bad loans. It is crucial that creditors and banks are able to recover as much as possible from the defaulter in order to prevent this. Therefore, a number of regulations were enacted to allow credit to enter the system and to minimize the depreciation of assets' value.

Design of Fixed Assets Depreciation Accounting Information System with the Straight Line Method Using Microsoft Visual Studio 2010 at PT Sagala Group

For more than one accounting period, a business will likely make use of the physical assets that make up its fixed assets, such as those used in manufacturing, transportation, office space, and other structures. Investment in fixed assets must be carefully considered because to its high value, relatively extended usage, and status as the company's primary instrument for producing money. The value of fixed assets depreciates over time, and depreciation is the process through which that decline in value is accounted for. The straight-line depreciation approach is used by many businesses since it results in consistent expenses over time periods, regardless of changes in productivity or other factors. Therefore, it is essential that owned assets be properly managed so that businesses and individuals can continue to reap the rewards of their existence. However, this is not the case with PT Sagala Group still using Microsoft Excel to record its assets and calculate depreciation. Inaccuracies in fixed asset depreciation calculations, lags in recognizing physical data, and inadequate oversight of firm assets are only some of the issues discovered in the absence of supplementary software. In light of this issue, the authors reach the conclusion that a unified system for handling the various aspects of depreciating fixed assets should be created, with Microsoft Visual Studio 2010 and Microsoft Access 2010 serving as the respective database development and management tools. In the long run, having this system in place should make business operations easier.

Analisis Penerapan Metode Penyusutan Aset Tetap Pada Pabrik Tahu Tempe Waidoko Kel. Wolomarang

This study aims to know and analyze the depreciation method of fixed assets applied to the Tempe Waidoko Tofu Factory, Wolomarang Village. Research data is obtained from (secondary) data obtained from documentance and direct interviews with related parties. The analytical method used in this study is quantitative descriptive analysis, which is an analysis that describes the depreciation method of fixed assets applied by the Tempe Waidoko tofu factory Kelurahan Wolomarang using H straight-line depreciation method and double declining balance method. The results showed that the fixed asset depreciation method used in the tempeh tofu factory was a straight-line method. Because the straight-line method is greater in book value than the double declining balance method.

ANALISIS PENGIMPLEMENTASIAN AKUNTANSI ASET TETAP BERDASARKAN PSAK NO. 16 DI PT CAHAYA BINTANG MEDAN

Fixed assets are crucial elements in financial statements that require careful monitoring and accurate accounting implementation in accordance with PSAK No. 16 regarding recognition, acquisition, depreciation, disposal, and presentation. This research aims to identify the implementation of fixed accounting and its compliance with PSAK No. 16 at PT. Cahaya Bintang Medan. The study employs a qualitative descriptive method with the subject of research being the financial statements of PT. Cahaya Bintang Medan for the past three years, namely 2019-2021, and data is collected through secondary sources using documentation method. The research findings reveal that the implementation of fixed asset accounting at PT. Cahaya Bintang Medan is in line with PSAK No. 16 until stage of fixed asset depreciation. However, there is a discrepancy in the disposal or termination of fixed assets, as the assets that have been disposed of are not removed from the fixed asset register

Sistem Informasi Manajemen Aset Bendung Serdang BWS Sumatera II Menggunakan Metode Straight Line dan Simple Additive Weighting

Serdang Dam is one of the water resource dams managed by the Regional Office of the Sumatra II River Basin, which is a technical implementing unit of the Ministry of Public Works and Public Housing located in North Sumatra Province. Asset management at Serdang Dam has been done manually through recording and bookkeeping, which are then inputted into a document file. This system has several shortcomings, including difficulties in tracing asset information in each activity and the lack of a basis for asset depreciation and acquisition calculations, resulting in suboptimal asset management processes. To overcome these issues, research will be conducted to facilitate the management of Serdang Dam assets by developing an asset management information system using the Straight Line and Simple Additive Weighting methods. The findings of this research will provide a solution to the existing problems by creating a system that can assist in managing Serdang Dam assets in all its activities.

Aplikasi Perhitungan Penyusutan Inventaris Barang menggunakan Decreasing Charge Method Berbasis Website

The Fajar Sejahtera Indonesia Foundation is a non-governmental social organization that has assets in four districts in the city of Medan. However, every asset in the form of goods experiences a decrease in value each year. Calculating depreciation for purchasing planning is still difficult as it is done manually on paper. The research objective is to create an asset depreciation financing application using the decreasing charge method based on a website. The programming is done using PHP, MySQL, XAMPP, and Visual Studio Code, employing the research and development method, including potential and problem identification, data collection, product design, design validation, design revision, product testing, product revision, usage testing, final product revision, and mass production. However, this research is limited to the product testing phase. Data collection techniques involve interviews, observations, and literature reviews. The system is tested using a validation test divided into three parts: expert validation, field testing, and user testing. Our findings resulted in a web-based application for calculating inventory depreciation. The expert validation test yielded a score of 3.8, indicating high validity; the field testing resulted in a score of 4.0, indicating high validity; and the user testing with five participants achieved a score of 83.2%, indicating high effectiveness.

Public management reform under the dome of accruals (Presidential Decree 54/2018): Investigation of the effects on the financial information and the audit of the General Government entities

Presidential Decree 54/2018 legislated the introduction of accrual basis accounting from 1/1/2023 to all entities of the General Government of Greece in accordance with the European System of Accounts 2010. We study the effect of accrual basis accounting under the 54/2018 on financial information and audit of entities, as well as the transition process. The research was conducted using the qualitative method, the structured interview protocol was the data collection tool and the participants were the employees of the Third Department of the General Government Accounting Plan. We find that there will be objective information of the entity's financial position and performance, depreciation, provisions, impairments and fair value of assets. Transparency and accountability are strengthened, audits are facilitated to establish useful sound financial management, there is a central control of public finances and the phenomena of corruption and financing of public officials will be reduced. The job of the audit mechanisms is strengthened, audits become more effective and the way available resources are managed is more precisely controlled. Major difficulties during the transition are the lack of personnel and an appropriate accounting information system, and in combination with the covid-19 pandemic, it was noted that the transition cannot be implemented on 1/1/2023 and for that reason our results suggest an extension to 2025 for the transition, proposal which was implemented on July 30, 2022 with Law 4964/2022.
 
 EL Classifications: H83, P41, M48.
 Key words: Accrual Accounting, Accounting Reform, General Government, Accountability, Audit.

PENERAPAN METODE PENYUSUTAN AKTIVA TETAP PADA DINAS PERTANIAN KABUPATEN GARUT

This study aims to find out how the fixed asset depreciation method is implemented in the Garut Regency Agriculture Office. Every company, including SKPD, has fixed assets for operational activities. Therefore, fixed assets have a significant role in the continuity of SKPD activities. To support each activity, SKPD will utilize the assets owned; therefore, it requires a large enough capital and has an extended period. The research method used is a descriptive analysis method, carried out by directly reviewing the research object, collecting, compiling, processing, and analyzing the data obtained. Based on the results of the study, 1) The determination of acquisition costs is appropriate because it is assessed at cost, 2) The estimated useful life of the Garut Regency Agriculture Office is under tax rules, 3) In determining the residual value or residual value, the Garut Regency Agriculture Office determines that all fixed assets owned by SKPD do not have residual value at the end of their useful life; in other words, all remaining fixed assets have the same value as zero. This study can be concluded that the application of the fixed asset depreciation method at the Garut Regency Agriculture Office needs to be revised; this is shown because the assessment does not determine the residual value. Suppose the depreciation calculation does not determine the residual value. In that case, this is less effective because it will cause the depreciation cost to be calculated too high, affecting the acquisition.

Fixed asset accounting analysis on Pt. Compacto Solusindo Pekanbaru

According to PSAK No. 16 of 2009 revised 2007 Article 16 says that fixed assets are tangible assets acquired in the form of ready-to-use or built beforehand, which are used in company operations, are not intended to be sold in the course of the company's normal activities and have a useful life. more than one year. The research was conducted at PT Compacto Solusindo Pekanbaru with the address Jalan Soekarno Hatta No.218 Pekanbaru.The purpose of this study is to find out that the recording of fixed assets by the company is in accordance with the applicable accounting principles, namely PSAK No. 16 of 2009 concerning Fixed Assets. according to the rules stated in PSAK No.16 the value of the building cannot be combined with the value of the land, because the land is not depreciated while the building experiences depreciation every year. residual value of the item.The author suggests that in compiling reports on depreciation of company assets, it should be guided by the applicable provisions, namely PSAK No. 16 concerning fixed assets so that there are no errors in calculating the actual value of fixed assets.

Classic Car Collector: Passion Investment: Study On Classic Car Collectors in Semarang

This research is a qualitative research. Data collection was carried out using the interview method. This study aims to find out facts about passion investment in classic car collectors in Semarang. In recent years, the investment trend in Indonesia has increased. One alternative investment that is in demand is investing in art. Items that have works of art such as antiques can be used as an investment. In 2023 the number of investors investing in classic cars has increased from the previous year. In addition, over the past decade investing in classic cars has financially done better than many other collectibles such as stamps or coins. In this study generate data regarding the facts of investing in classic cars. Potential investors need significant knowledge about classic cars because not all old cars can be considered classics. The car is rare or available everywhere. Classic cars are depreciable assets, so it is very important for investors to know how to maintain the value of classic cars. Investing in classic cars is a little risky because to generate a reasonable return, investors must buy the vehicle and repair or maintain it before reselling it. Most classic car investors view their investments as a hobby rather than a method of making material gains.

BAGAIMANA PENGOPTIMALAN MANAJEMEN ASET DAPAT MENINGKATKAN LABA PERUSAHAAN

Increasing corporate profits is one of the company's priorities in business operations. Many companies make large sales to increase profits, but the increase in profits does not correspond to forecasts made previously. One of the causes of these charges and expenses is the improper accumulation of depreciation of assets. Many corporate assets have high functional value when asset management is not optimized, but profits are lost due to poor asset management because management cannot control the assets. This has been felt by local businesses in Pontianak City, where efforts have been made to increase profits, starting with service improvements and ending with higher fees, but at the end of the reporting period, the company's earnings report did not meet the expected projections. One of the causes was the high depreciation expense and many assets that were not properly managed, resulting in unnecessary expenses and resulting loss of profits for the company decrease.

Determinants of S.M.E.s capital structure in the Visegrad group

In this article, we investigate the capital structure determinants of the Visegrad group, namely the Czech Republic, Slovakia, Hungary, and Poland for small- and medium-sized enterprises (S.M.E.s) from 2011 to 2018. We compare the capital structures of S.M.E.s across all mentioned countries and define how these may impact capital structure choices. The results show S.M.E.s in these countries determine their capital structure in similar ways and all the factors analysed in this study (except for growth opportunity) provide robust explanatory power for companies across all four countries. We find that profitability, liquidity, firm size, assets structure, and non-debt tax (depreciation of total assets) have a significant negative impact on capital structure for all four countries. Our study should be of interest to policymakers and companies who want to optimise their capital structure in order to improve company performance.

INVENTARISASI ASET DI PAROKI SANTO ALOYSIUS GONZAGA, MLATI, SLEMAN, YOGYAKARTA

Non-profit organizations are those that work for the benefit of the community without trying to turn a profit. Public inquiries about non-profit organizations' administration of donor or sponsor finances frequently center on their transparency and accountability. Financial responsibility is significant to the church because it is an organization that does not seek to make money. Non-profit organizations are anticipated to be able to give important data, including articulation of financial status, activity reports, cash flow reports, and budget summary notes, to various contributors and associations through PSAK 45 (ISAK 35). The church is a component of a non-profit organization that uses PSAK 45 (ISAK 35). According to an interview with the Mlati Parish treasurer, there are still difficulties in preparing the parish's financial reports because until now the depreciation cost of the parish's fixed assets has not been determined. The financial reports of the parish are not in compliance with KAS standards because there is no estimate for fixed asset depreciation expenses. The PKM Team of the Accounting Study Program, Faculty of Business and Economics, Universitas Atma Jaya Yogyakarta, seeing the importance of transparency in the collection and use of funds from non-profit organizations such as churches, tries to assist the Saint Aloysius Gonzaga Parish in determining the amount of depreciation expense per year, making a list of fixed assets, and creating accounting guidelines for fixed assets. The Guide to the Fixed Asset Inventory Module and the Excel File List of Fixed Assets along with depreciation calculations that can be changed at any time if needed are the outputs of this PKM.

Systemic Risk with Multi-Channel Risk Contagion in the Interbank Market

The systematicness of banks is an important driver of financial crisis. Overlapping portfolios and assets correlation of banks’ investment are important reasons for systemic risk contagion. The existing systemic risk models are all analyzed from one aspect and cannot reflect the real situation of the banking system. In the present paper, considering the overlapping portfolios and assets correlation, a contagion network model with multi-channel risk is proposed, which is with interbank lending (direct contagion channel), overlapping portfolios (indirect contagion channel), and assets correlation (indirect contagion channel). In addition, the model takes investment risk as an impact factor and learns the operation rules of the banking system to help banks compensate for liquidity through asset depreciation. Based on the proposed model, the effects of assets correlation, assets diversity, assets investment strategy, interbank network structure, and the impact of market density on risk contagion are studied and analyzed quantitatively. The method in this paper can more truly reflect the banking system risk than the existing model. This paper provides a solution for quantitative analysis of systemic risk, which provides powerful tools for macroprudential stress testing and a reference for regulatory authorities to prevent systemic risk.

Analisis Harga Pokok Penjualan Pada Pabrik Tahu Hidayah Di Kota Bengkulu

The purpose of this study was to analyze the cost of goods sold arising from the calculation of the cost of goods manufactured by the traditional system used by Hidayah tofu factory and the basis for calculating the cost of goods manufactured by the Activity Based Costing system that the researcher implemented.The type of research used in this research is quantitative descriptive research. Where the data was obtained from interviews with Hidayah tofu owners and then implemented using the traditional methods used by the factory and the Activity Based Costing method to determine the cost of good sold from the two methods.The results of the analysis using the traditional method of cost of good sold for fried tofu products is Rp. 283,300,000.00, which is lower than the Activity Based Costing method. Meanwhile, the cost of good sold for white tofu products is IDR 138,000,000.00, which is lower than the Activity Based Costing method. Whereas in the Activity Based Costing method the cost of good sold for fried tofu products is IDR 285,837,500.00 higher than the traditional method. Meanwhile, the cost of good sold for white tofu products is IDR 140,536,760.00 higher than the traditional method. This shows that calculations using the Activity Based Costing method are more accurate than traditional methods. Because in the Activity Based Costing method all costs incurred in production activities are included in the calculation component, namely the cost of depreciation of factory machine assets.