Fixed Assets Research Articles

PENGARUH PERPUTARAN PIUTANG, PERPUTARAN PERSEDIAAN DAN PERPUTARAN AKTIVA TETAP TERHADAP PROFITABILITAS PADA PERUSAHAAN MAKANAN DAN MINUMAN TAHUN 2017-2021

<p align="justify">This study aims to examine receivable turnover, inventory turnover, and fixed asset turnover on profitability in food and beverage companies listed on the Indonesia Stock Exchange in 2017-2021. This research is using quantitative method with secondary data. The population used in this research was 85 samples. Sampling is based on a purposive sampling method that follows certain criteria. The analytical method used is multiple linear analysis using SPSS. Based on the results of the partial or t test, receivables turnover variable has no effect on profitability, meanwhile inventory turnover and fixed asset turnover have a significant effect on profitability. Simultaneously accounts receivable turnover, inventory turnover, and fixed asset turnover have a significant effect on profitability in food and beverage companies listed on the Indonesia Stock Exchange.</p>
 <p> <strong> Keywords:</strong> Accounts Receivable Turnover, Inventory Turnover, Fixed Asset Turnover, Profitability</p>

The Effect of Innovation Box Regimes on Investment and Employment Activity

ABSTRACT We study whether innovation box tax incentives, which reduce tax rates on innovation-related income, are associated with increased fixed asset investment and employment. Using a stacked cohort difference-in-differences design on an entropy-balanced sample of European multinationals, we find innovation box regimes are associated with higher levels of capital expenditures, relative to noninnovation box jurisdictions. We do not find discernible effects on total employment or total compensation. However, the data suggest that companies in innovation box countries have a more highly compensated workforce following innovation box implementation, particularly among patent-owning observations in countries with more restrictive innovation box regimes and greater tax benefits. Our study contributes to the literature on, and policy evaluation of, innovation box regimes by examining the extent to which these incentives result in tangible investment and employment and by identifying how different characteristics of innovation box regimes impact these outcomes.

The Effect of Asset Procurement Planning, Regulation, Asset Inventory, Information Systems and Human Resources Competence on Fixed Assets Optimization

This study examines the influence of asset procurement planning, regulations, asset inventory, information systems and human resource competence on the optimization of fixed assets (studies on asset administration at the Financial Services Authority). The research population is the employees of the Financial Services Authority. Determining the number of samples can be done by means of statistical calculations, namely by using the Slovin formula. This formula is used to determine the sample size of a known population, namely 3,134 Financial Services Authority employees. Furthermore, to perform data analysis, multiple linear regression through the use of SPSS software as a tool is used in this study. The results showed that (H1) was accepted with a significance value of 0.000 which is less than 0.050, needs planning and asset valuation had a positive and significant effect on asset optimization. (H2) is accepted with a significance value of 0.024 which is less than 0.050. An important aspect of asset optimization is the regulatory aspect. (H3) is accepted with a significance value of 0.000, which is less than 0.050. Asset inventory and legal audit have a positive and significant impact on the optimization of fixed assets. (H4) is accepted with a significance value of 0.000 which is less than 0.050, the management information system assists the process of managing finances and assets and reduces the risk of fraud from certain individuals. (H5) is accepted with a significance value of 0.003 which is less than 0.050, fixed asset management is weak human resource competence and lack of responsibility from related parties in managing fixed assets. So that competent human resources are needed in asset management

Analysis of Success Dimensions: Financial Information System at the Directorate General of Livestock and Animal Health of the Ministry of Agriculture

According to the Letter from the Director General of the Treasury of the Ministry of Finance Number: 51 / PB / 2021 dated February 22, 2021, the Agency-Level Financial Accounting System (SAKTI) is an application that budget recipients from the State Budget (APBN), Directorate General of Livestock Health, the Ministry of Agriculture are required to use. The author examines the fixed asset module from a variety of modules in SAKTI, such as the Receivables Module, Inventory Module, Fixed Asset Module, Reporting Module, Budgeting Module, Commitment Module, Treasurer Module, Payment Module, and Administration Module. The author analyzes the fixed asset module as an end user, so hereby the author tries to make Information Quality, System Quality, Service Quality, User Satisfaction and Net Benefits as variables, therefore the success of the Delone and Mclean approach model information system on SAKTI makes assessment indicators on SAKTI.

The Effect Of Working Capital Management And Fixed Assets Investment On Profitability (Study On Automotive And Component Companies Listed On The Indonesian Stock Exchange)

Purpose - This study aims to analyze the influence of working capital management and investment in fixed assets towards profitability. Design/methodology/approach - This research was implemented in the automotive and part companies listed on the Indonesia Stock Exchange for the period 2006 – 2014. The sample was taken using the method of purposive sampling. Eight companies were selected for a sample. Used multiple regression analysis as statistical method Finding - The results of the research show that CCC and AP have negative and considerable influence on ROA, AR have positive and not considerable influence on ROA, while IVR and FAT have positive and considerable influence on ROA. LVR as a control variable has a negative and not significant effect on ROA, while NPM has a positive and considerable influence on ROA Originality - Keyword - working capital management, investment in fixed assets, profitability, return on assets, cash conversion cycle, average collection period, average payment period, inventory conversion period, leverage, net profit margin. Paper Type – Research Paper

Health Insurance Premium and Fixed Assets in Fragile State South Sudan

Many post conflict fragile states have pockets of dwellings that are productive economically. Households in Post Conflict fragile state South Sudan, sustained their wealth by generating income from crop, animal farming, owning a land title and having a permanent building/s. In the three major states of Post Conflict fragile state South Sudan, government salaries are less reliable as a means of income. Households in Bharghazal, Equatoria and Upper Nile states of South Sudan, earned their regular income from agricultural produced, land and property rentals. These sources of income are the livelihood of families in the three former states of Southern Sudan, post the 1983.

FIXED ASSETS ACCOUNT

FIXED ASSETS ACCOUNT

Transformasi Dewan Direksi Perusahaan BUMN melalui Pendekatan Perilaku Akuntansi Guna Antisipasi Resesi Global

The board of change directors who are too "easy to come and easy to go" can worsen the company's performance conditions and increase the risks faced by the company. Purpose: The purpose of this research is to provide recommendations on the transformation of the board of directors so as not to give the impression of being dislodged, and as a strategic step in dealing with the world recession. Methodology: Research was in state-owned company which published financial reports on the Jakarta Stock Exchange. We desain the quantitative correlation between independent and dependent variables with or not using variable control. The study also involved Nine financial ratios to reflect a broader range of corporate conditions. Results: The results are First, H1 is accepted that skill is correlated to Return on Asset and Fixed Asset Turnover. Secondly, H2 is accepted that tenure is not correlated to financial performance. Third, H3 the ratio of a board of independent directors is correlated to profit Margin, net profit margin and cash ratio. Originality of the research, this study provided an idea of a new board performance director to anticipate bankruptcy indications of firms characterized by ROA and Fixed Asset Turnover, profit margin, cash ratio and net profit margin. Limitation: This research was conducted from 2009-2016 at a state-owned company which published financial reports on the Jakarta Stock Exchange. Keywords: 1. Transformation 2. Global Recession 3. Financial Performance 4. New Aboard Performance 5. Skill Characteristics

Financial Sustainability in Agri-Food Companies: The Case of Members of the PDO Parma Ham Consortium

Agri-food companies play an economic, social, and environmental role. In Italy, the typical products protected by the European Union with the PDO and PGI marks are spread throughout the national territory, even in disadvantaged ones, and generate turnover, employment, and positive effects in related industries. These companies are often of medium or small size (SMEs) and are financially constrained. The research applies the assessment of financial sustainability to the balance sheet statement (BSS), financial ratios (FRs), interest coverage ratios (ICRs), duration of the cash conversion cycle (CCC), and net working capital (NWC) data. It shows that companies in the sector have high capital intensity in both the fixed asset (FA) and NWC cycles. Profitability is largely eroded by the cost of debt (COD). Financial sustainability is calculated through the following: (1) the duration of the cash conversion cycle (CCC), broken down into the cycle lengths of inventory, receivables, and payables; (2) the calculation of the income and financial margins generated by the management and their correlation; (3) the calculation of financial ratios (FRs) and the verification of financial leverage (ROA > ROD); (4) the calculation of income and financial interest coverage ratios (ICRs) and tests on the significant differences between them. The application of ICRs with the financial methodology applied in the research makes it possible to (1) improve the assessment of financial sustainability and reduce the related risk and (2) reduce the information asymmetry between the company and the bank, facilitating access to credit. The duration of the CCC is negatively correlated to profitability (ROE), while size and economic performance are positively correlated. The ICRs (interest coverage ratio) calculated with the financial approach are statistically different from the ones calculated with the economic one. The application of the result is relevant to industry operators and for future research. The research is replicable; the results can be tested on other sectors of the agri-food sector and disseminated to operators.

Factors Affecting the Budget of SKPD Maintenance at the Government of Medan City

The purpose of this study was to analyze and test the effect of the realization of capital expenditure, fixed asset book value, and the realization of maintenance expenditure on the SKPD maintenance budget in the City Government of Medan. This type of research is causal research. The population in this study were 34 SKPD within the Medan City Government. The method of data collection is done by documentation techniques using secondary data. The sampling method uses a saturated sampling technique (census) where all population members are used as research samples. Hypothesis testing using multiple linear regression analysis. The results of this study indicate that simultaneously the realization of capital expenditure, fixed asset book value, and realization of maintenance expenditure have a significant effect on the Maintenance Budget. Partially, the variable book value of fixed assets and the realization of maintenance expenditure significantly positively affect the Maintenance Budget. In contrast, capital expenditure does not affect the Maintenance Budget. Keywords: Realization of Capital Expenditure, Fixed Assets Book Value, Realization of Maintenance Expenditure, Maintenance Budget.

THE GENERAL MECHANISM FOR THE REVALUATION OF FIXED ASSETS IN ACCOUNTING

THE GENERAL MECHANISM FOR THE REVALUATION OF FIXED ASSETS IN ACCOUNTING

SIMILARITIES AND DIFFERENCES BETWEEN RAS AND IFRS ACCOUNTING OF FIXED ASSETS

SIMILARITIES AND DIFFERENCES BETWEEN RAS AND IFRS ACCOUNTING OF FIXED ASSETS

军工固定资产投资项目前期论证工作精细化管理探索与实践

军工固定资产投资项目前期论证工作精细化管理探索与实践

THE RELATIONSHIP OF FIXED ASSET REVALUATION TO PERCEPTION OF PERFORMANCE: EVALUATION OF TAX POLICY

This study aimed to know the relationship between fixed asset revaluation and the perception of the company's performance in the future. This research can advise the government on the effect of fixed asset revaluation on company performance when the government repeats the policy of reducing fixed asset revaluation taxes during the economic recovery during the pandemic. The methodology used in this study was mixed methods research, which collected and analyzed qualitative and quantitative data. This research used primary data from focus group discussions (representatives of industrial entities, tax consulting practitioners, public accountants, regulators, and related authorities) and questionnaires distributed to 118 listed companies. This research found that implementing fixed asset revaluation in the company has an effect on increasing the company's performance perception in terms of accounting-based measures but did not necessarily increase the company's performance perception in terms of market-based measures. This research also explored the company's motives for revaluing fixed assets and the factors that became obstacles to implementing the fixed-asset revaluation tax incentive policy in Indonesia, including recommendations for implementing the fixed asset revaluation tax policy in the future.

Analisis Perbandingan Kinerja Keuangan Sebelum Dan Selama Pandemi Covid-19 Pada Perusahaan Sektor Industri Barang Konsumsi Yang Tercatat Di BEI

Covid-19 has had a huge impact on the whole world, not only in terms of health and humanity, but also on social and economic aspects. The company's performance is also affected by this pandemic. The formulation of the problem in this study is how to compare the financial performance conditions of companies in the consumer goods industry sector before and during the Covid 19 pandemic through the measurement variables of activity ratios, solvency ratios, liquidity ratios and profitability ratios and are there significant differences between financial performance before and during the pandemic. from this study to find out the comparison of the financial performance of companies in the consumer goods industry sector before and during the covid 19 pandemic.
 The type of this thesis research is quantitative research. The object of the research is the company. The data used in this thesis is secondary data obtained from the Indonesia Stock Exchange. The ratios used to measure financial performance are Profitability Ratios (Return On Assets, Return On Equity and Net Profit Margin), Liquidity Ratios (Current Ratio, Quick Ratio and Cash Ratio), Activity Ratios (Total Asset Turnover, Inventory Turnover and Fixed Asset Turnover ) and Solvency Ratio (Debt To Equity Ratio, Debt To Asset Ratio and Tangible Assets Debt Coverage). Data Analysis In this study, the descriptive statistical test, normality test, and hypothesis testing were carried out using the paired sample t-test and the Wilcoxon Signed Rank Test.
 The results of the study show that the financial performance conditions of 58 companies in the consumer goods industry sector prove that there are significant differences in the profitability ratios, there are no significant differences in the liquidity ratios, there are no significant differences in the solvency ratios, and there are significant differences in the activity ratios. between before the pandemic in 2019 and during the pandemic in 2020.
 
 Keywords : financial performance, ratios, pandemic Covid-19

Impact of Foreign Companies on Fixed Asset Investments of Domestic Enterprises in Poland

Analyzing the literature, which indicates the high importance of financial surplus in investment expenditures, which are essential in creating a competitive advantage, and having in mind that with GDP growth a decreasing trend can be observed in the sphere of investment expenditures in Poland, an analysis was made of the sources of financing investment expenditures of enterprises and the financial result of entities with domestic and foreign capital operating in Poland. This made it possible to identify the situation of the Polish economy over the years in terms of the structure of investments and to try to answer the question of whether the financial results achieved by entities with domestic capital are sufficient to make the investments necessary to maintain a high position in the competitive environment. As a result of the analysis, it was found that entities with domestic capital, representing a majority of around 80 % of the total balance sheet contributors in Poland, generate only 60% of the gross financial result, while less than 20 % of foreign companies have a financial result exceeding 40%. The methods used include an analysis of the literature, data contained in statistical databases (CSO and Eurostat). The data presented cover the period 2005-2020, mostly in the form of annual aggregates for Poland.

Methodological Issues and Quantitative Results of Estimating the Retrospective Dynamics of Production Capacities in Relationship with the Dynamics of Fixed Assets

Methodological Issues and Quantitative Results of Estimating the Retrospective Dynamics of Production Capacities in Relationship with the Dynamics of Fixed Assets

ACCOUNTING OF FIXED ASSETS HELD FOR SALE UNDER TFRS 5 AND SAMPLE APPLICATIONS

Assets that businesses acquire for use in their operations and that they do not intend to dispose of within an operating period are expressed as fixed assets. Although fixed assets are the most important asset group that provides cash flow to the business, businesses sometimes wish to dispose of their fixed assets. In particular, if the business management has a detailed sales plan for the sale of the fixed asset and the asset is likely to be sold in the market, the relevant fixed asset or asset group is removed from the fixed asset account group and transferred to current assets in accordance with the “TFRS 5 Non-current Assets Held for Sale and Discontinued Operations” standard. In the process of classifying non-current assets that the entity withdraws from use or production as held for sale, their net book values are compared with their fair values less costs to sell and recorded at the lower value. If the sale of the asset is not realized, it continues to be measured at the end of the period with the lower of net book values and fair value less costs to sell. When the relevant literature is examined, it is seen that the TFRS 5 Non-current Assets Held for Sale and Discontinued Operations standard finds application in banks and financial leasing companies. In this context, in this study, information on the classification, measurement and presentation in financial statements of fixed assets held for sale are given.

DEPRECIATION OF FIXED ASSETS AND ITS MAIN ELEMENTS

Introduction. Depreciation of fixed assets constitutes an important financial process in any organization. In modern economic conditions, an important goal of the activities of organizations is related to increasing the competitiveness and efficiency of business. To this end, accounting system in organizations should function effectively. The aim of the paper is to study the concept of "depreciation", as well as various aspects of the formation of depreciation policy, the classification of approaches to its formation and relevance in accordance with applicable standards. Methods. The theoretical basis of the study was based on general scientific methods of cognition such as analysis, synthesis and method of comparison. Results. One of the most complex concepts in accounting, the concept of "depreciation", has been studied. Existing views and approaches to the reflection of depreciation in accounting and reporting are disclosed. Conclusions. The efficiency of organizations, as a rule, is determined by its production potential, a significant share of which is fixed assets. Therefore, the organization of accounting for fixed assets can be identified as the primary task of an organization. At the same time, a significant role is assigned to the depreciation policy, since the methods of calculating depreciation and the correctness of its reflection present the foundation of sustainable financial potential.

ACCOUNTING AND AUDIT OF FIXED ASSETS

ACCOUNTING AND AUDIT OF FIXED ASSETS