Loss Statement Research Articles

Penguatan Kelembagaan Bumdes Sejahtera Desa Darunu Kecamatan Wori, Kabupaten Minahasa Utara Melalui Penyusunan Awal Laporan Keuangan

Village-Owned Enterprises or BUMDes Sejahtera Darunu Village, located in Wori District, North Minahasa Regency, still faces various obstacles in optimal financial management. The main problems include limited knowledge related to the management of cash inflows and outflows as well as limited understanding of human resources (HR) of village officials in preparing financial reports. In addition, this BUMDes does not yet have a basic financial report as a guideline for financial operations. Thus, this research aims to strengthen the BUMDes Sejahtera institution through the preparation of standardized initial financial statements. The research used descriptive qualitative methods by collecting data through interviews and direct observation. The participatory and applied nature of the research also helped researchers play an active role in providing training and mentoring for BUMDes administrators. The data obtained was then analyzed in three stages, namely data reduction, data presentation, and conclusion drawing. The results showed that this institutional strengthening initiative had a positive impact on the initial understanding of BUMDes management in preparing financial statements. The program successfully produced several important financial reports, such as the 2023 Balance Sheet, 2023 Profit and Loss Statement, and 2024 Current Profit and Loss Statement. Hopefully, this institutional strengthening will be implemented sustainably to advance BUMDes Sejahtera and provide optimal benefits for the progress of Darunu Village.

ANALISIS DAMPAK COVID-19 PADA LAPORAN LABA RUGI

The Covid-19 pandemic has had a significant impact on various aspects of life, including the economy and industries in Indonesia. This impact is reflected in the profit and loss statements, which are important indicators in understanding a company's financial performance. This research aims to analyze the profit and loss statements of PT. Mayora Indah Tbk. from 2018 to 2022, with a focus on how the Covid-19 pandemic has affected the company's financial performance. The research method used in this study is descriptive analysis, using secondary data from the company's profit and loss statements during the period. The results of the analysis show that the company experienced various changes in financial performance during the 2018-2022 period, as a response to the challenging economic conditions caused by the pandemic. Although there was a decline in performance in 2021, the company was able to overcome the negative impact and achieve positive growth in 2022. This analysis provides a comprehensive understanding of PT. Mayora Indah Tbk.'s adaptability and success in facing economic and market challenges during the Covid-19 pandemic. This research provides important insights into how leading manufacturing companies like PT. Mayora Indah Tbk. can survive and grow amidst the uncertain business and economic landscape caused by the global pandemic.

PENGARUH NON PERFOMING LOAN (NPL) TERHADAP RETURN ON ASSET (ROA) PADA BANK MANDIRI,TBK

This research aims to find out the influence of Non-Performing Loans (NPL) on ROA at Bank Mandiri. Correlational quantitative research is the research method used. Financial reports, profit and loss statements, balance sheets and cash flow reports for the years 2013–2022 are the research samples. For this particular case, purposive sampling was used. The relationship between the NPL variable and ROA was tested using simple linear regression, correlation coefficient, coefficient of determination, and two-square t-test. Analysis was carried out using SPSS v.22 software. In line with the high level of non-performing loans faced by banks. This is because the higher NPL level indicates that banks are not managing their credit optimally and are not providing adequate protection to their customers. As a result, the absence of principal and interest payments on credit facilities causes the bank's return on assets to decline along with the increase in the non-performing loan ratio

Financial Performance Analysis Using The Profitability Ratio at PT. Bank Rakyat Indonesia (Persero) Tbk Period 2020-2022

This study aims to determine the financial performance of PT. Bank BRI (Persero) Tbk during the 2020-2022 period. The research method used is quantitative with data collection techniques through documentation and observation, which involves financial statement data such as balance sheets and profit and loss statements prepared by Bank BRI. The data analysis technique involves the use of profitability financial ratio analysis consisting of Return on Assets (ROA), Return on Equity (ROE), and Net Profit Margin (NPM). The research findings show that Return on Assets and Return on Equity are experiencing very healthy conditions, while the Net Profit Margin value shows unhealthy conditions in the performance of PT. Bank BRI (Persero)

The Importance of Financial Statements in Clinical Practice.

Financial statements provide vital information to department chiefs and hospital leadership alike. They reflect departmental performance and guide critical financial decisions for their teams. However, financial statements can be inherently difficult to read and interpret and require time and attention, understandably challenging for busy clinicians. Here, we aimed to demystify the several types of financial statements, including profit and loss statements, balance sheets, and cash flow statements, and explain what they reveal (and ignore). We describe key performance indicators based on these statements that are routinely used by hospital administrations. This work targets clinicians, team leaders, academic faculty, and administrators alike, recognizing that all of them share the same goals. Mastering the basics of financial statements and using the information within them creates a healthier clinical practice. In turn, it enhances provider satisfaction and enables the team to deliver patient care without financial anxiety. Understanding financial statements helps shared decision-making between clinicians and their administrators-strengthening partnerships that synergistically drive revenue, profitability, and growth.

DESIGN OF INFORMATION SYSTEM FOR PAYMENT OF WORKERS' WAGES AND PREPARATION OF FINANCIAL REPORTS ON GARMENT UD KELAMBI ANYAR

Information technology developments are beneficial to businesses worldwide, particularly in Indonesia. Businesses that use information technology effectively can store and manage data, expedite business operations, and manage data. Information systems used in accounting are one area where technology is crucial. The purpose of this project is to develop and construct an information system application for the UD Kelambi Anyar clothing firm that will be used for financial report preparation and worker salary payment. For worker salaries, this company historically used manual records, which presented a number of challenges including the possibility of errors, information delays, and difficulty in finding data. This application was developed using the Software Development Life Cycle (SDLC) approach using the Waterfall paradigm. Planning, analyzing, designing, implementing, testing, and implementing are the stages of system development. Microsoft Access 2019 was used to create the database for this application, while Visual Basic Applications (VBA) was used to write the code. An information system application that facilitates the recording of worker service payments and the preparation of financial reports, such as profit and loss statements and balance sheets, is the outcome of this research project for UD Kelambi Anyar. In addition to a filter menu to make data searching for employee salary reports easier, this program has a username and password feature to ensure user security. It is envisaged that using this application will improve the financial transaction process' accuracy and efficiency and speed up the process of making management choices.

The Effect of Net Profit and Net Cash Flow on Market Capitalization (Case Study of Sharia Banking Companies at the Indonesia Stock Exchange 2019–2022 Period)

Capital market players or investors will consider several elements that can indicate the state of the company, such as examining financial reports from cash flow to profit and loss statements. In addition, the company's share price will ultimately be related to its market capitalization value. The profits obtained by investors will increase along with the increase in stock market capitalization, and the greater the appreciation, the higher the level of profit from an alternative investment. This study aims to determine the effect of net income and net cash flow on market capitalization. Secondary data in the form of Sharia Banking quarterly financial reports that have been listed on the Indonesia Stock Exchange (IDX) for 2019-2022 is the source of the data. Three samples for this research sample were obtained, namely Bank Panin Dubai Syariah (PNBS), Sharia National Pension Savings Bank (BTPS), and Bank Syariah Indonesia (BSI). Panel data regression analysis with the Eviews 12 program was used in this study. The results show that partially net income has a negative and insignificant impact while net cash flow has a positive and significant impact on market capitalization. Meanwhile, market capitalization is simultaneously influenced by net profit and net cash flow variables.

Analisis Penyajian Laporan Laba Rugi, Pengakuan Pendapatan dan Beban UMKM Berdasarkan SAK EMKM (Studi Kasus Pada Kedai Hobi Kopi Ambulu Jember)

Micro, small and medium enterprises (MSME) are currently developing very rapidly in Indonesia. MSME are required to prepare financial reports on their businesses periodically. MSME Accounting and Financial Standard for Micro, Small and Medium Entities were prepared by the Indonesian Institute of Accountants to provide standards for MSME financial reports. The aim of this research is to find out whether the preparation of Hobi Kopi Shop profit and loss report is in accordance with MSME Accounting and Financial Standard and whether the presentation and recognition of income and expenses is in accordance with generally accepted accounting principles. The results of the research show that Hobi Kopi Shop has not prepared financial reports in accordance with MSME Accounting and Financial Standard. The presentation and recognition of income at Hobi Kopi Shop is in accordance with accounting standards, however expenses are still not in accordance with generally accepted accounting standards. Keywords: MSME Accounting and Financial Standard, presentation of profit and loss statements, income recognition, expense recognition

Analisa Laporan Keuangan Nasabah dan Peranannya dalam Pemberian Kredit pada PT Bank Rakyat Indonesia (Persero) Tbk Unit Lubuk Begalung Padang

Financial reports have a dual role as a guide for customers in preparing financial reports and as a source of inspiration for BRI's credit department. Analysis of customer financial reports, supported by financial reports, becomes an integral part of the credit process. Research involves credit monitoring procedures and analysis of customer financial reports. Case studies on Toko Rhio Yudha Gama and Toko Dikcy Oksani Junaidi show positive results in liquidity, solvency and profitability, validating their suitability for obtaining credit with low risk. Analysis of financial ratios, such as current ratio, quick ratio, debt to total asset ratio, and return on equity, provide a satisfactory performance picture. The research conclusion confirms that credit assessment based on analysis of financial statements and profit and loss has great significance. Financial ratios are the main indicator, reflecting whether a customer is worthy of receiving a loan. In addition, BRI Bank determines the loan nominal using Repayment Capacity, which is the customer's repayment capacity of 50% of the net profit in the profit and loss statement.

YES: leading a Youth Employment Service towards increasing impact

Learning outcomes The learning outcomes for this case study are as follows: learning outcome 1: evaluate the environmental context of Youth Employment Service (YES) and ascertain whether YES is a social enterprise. Students will provide an analysis of what is happening around the business, and why addressing youth unemployment is an urgent matter to address; learning outcome 2: apply basic financial principles to evaluate the basic profit and loss statement of YES. In a business management class, students need to recognise the importance of applying basic financial principles to ensure the financial sustainability of a business. Therefore, the objective is for students to evaluate the basic profit and loss statement in the case’s exhibit. The focus is not necessarily on the numbers, but rather on the insight that students will gain into the organisation’s strengths and development areas; and learning outcome 3: create recommendations by considering the exploitation of existing opportunities and the exploration of new opportunities to innovate. Students should understand the principles of organisational ambidexterity and provide suggestions on how they can be used by organisations to reshape their desirable future. Case overview/synopsis On 31 March 2022, Leanne Emery Hunter, the chief operating officer of the YES, was considering how YES could increase their impact. Hunter considered how to convince more corporations to sponsor their efforts in creating work experiences for South African youth. In addition to exploiting these efforts that they were already involved with, YES could explore new opportunities to increase their impact, such as focusing on the community hubs and the innovative products they were developing. Expanding YES’s community hubs to serve as support to the youth would require a capital investment in technology and specific skills within the next six months. Hunter, therefore, faced the dilemma of managing the tensions between focusing on YES’s existing offering, which had a social impact, while paying attention to secure their future by focusing on the financial sustainability and expansion of YES. Its ceremonial inauguration in March 2018 was ushered by President of South Africa Cyril Ramaphosa, followed by its registration in October 2018. YES was challenged to look for new ways of creating a proactive growth strategy. YES had a social mission to address youth unemployment, students will, however, need to ascertain whether YES is a social enterprise. The case shares financial results and students have an opportunity to calculate profit and loss and offer recommendations on the financial viability of YES while fulfilling their social mission of contributing to youth employment. Students must give recommendations to resolve the dilemma of Hunter in managing the tension between their existing social impact and the future financial sustainability of the business. Complexity academic level The case is suitable for post-graduate courses in business management in business administration programmes. Supplementary materials Teaching notes are available for educators only. Subject code CSS 3: Entrepreneurship.

Accounting journal entries as a long‐term multivariate time series: Forecasting wholesale warehouse output

AbstractLess than 2 years ago, many small entrepreneurs in the commodities trading business faced price volatility, which had not been the case for the last few decades. Generally, the income section of the profit and loss statement was not the main problem, especially in building material commodities trading, due to the recent growth in real estate demand. Logistic disorders, raw material shortages, inflation, and interest rate growth caused difficulties in supply management and warehouse balancing, which were reflected in a particular significant expense called the cost of goods sold. The real problem of its forecasting was identified, and data from accounting books likely contain information about previous warehouse dynamics. This paper presents how accounting data are prepared and shaped into time series suitable for machine learning algorithms, the relevant literature that helped in algorithm selection, and the development and description of the forecasting model, as well as its benchmarking with traditional forecasting models. Visualization and mean squared error loss measured on unseen data show that the model has proven more successful than expected. Based on data from four journal accounts spanning over 14 years, the model predicts the debit and credit sides of the wholesale warehouse for 150 working days.

Penerapan akuntansi aset biologis berdasarkan PSAK No. 69 pada PT Astra Agro Lestari Tbk

In the agribusiness industry, biological assets emerge as the most crucial assets with significant value. Within this sector, PT Astra Agro Lestari Tbk stands out as a company engaged in various activities, including palm oil plantation. Palm oil serves as a biological asset managed by PT Astra Agro Lestari Tbk, encompassing recognition, measurement, and disclosure aspects. This research aims to examine the implementation of biological asset accounting in accordance with PSAK No. 69 at PT Astra Agro Lestari Tbk. Employing a qualitative research approach rooted in postpositivism philosophy, the study investigates natural phenomena or events. The finding reveal that PT Astra Agro Lestari Tbk adheres to the provisions outlined in PSAK No. 69 concerning the recognition, measurement, and disclosure of biological assets. The company exercises control over biological assets through activities such as planting, maintenance, and upkeep of oil palm trees over time. Biological assets are measured based on fair value less costs to sell. Moreover, PT Astra Agro Lestari Tbk discloses gains and losses incurred during the reporting period in the profit and loss statement, while distinguishing between producing and non-producing plants.

Analisis Kinerja Keuangan PT Tembaga Mulia Semanan Tbk. Periode 2019-2022

One of the main indicators related to the business continuity (going concern) of a company is the company's financial performance. The trust of interested parties such as shareholders, managers and creditors will increase if the company's financial performance is of good quality. This research aims to assess the financial performance of PT Tembaga Mulia Semanan Tbk. 2019-2022, namely calculating liquidity ratios (current ratio and quick ratio), solvency ratios (debt to asset ratio and debt to equity ratio), profitability ratios (return on investment and return on equity), and activity ratios (inventory turnover and fixed asset turnover) for the 2019-2022 period. This research applies a descriptive quantitative analysis method using secondary data, namely audited financial reports in the form of profit and loss statements and financial position reports as well as books related to financial report analysis. Financial reports are taken from published data from the Indonesian Stock Exchange and PT Tembaga Mulia Semanan Tbk. The results of the research are PT Tembaga Mulia Semanan Tbk. describes poor financial performance in 2019-2022 which is characterized by the current ratio and quick ratio, debt to asset ratio and debt to equity ratio, ROI and ROE, which are below industry standards as well as fixed asset turnover and inventory turnover with values ​​above industry standards.

Analisis kinerja keuangan pada PT. XT

The company's strong financial performance is an attractive feature for investors. This research analyzes the financial performance of the company using ratio analysis and common size analysis. The financial ratios are used to evaluate the company's financial performance, while the common size approach is used to identify the reasons for changes in the profit and loss statement and financial position statement. The language used is clear, objective, and value-neutral, with a formal register and precise word choice. The text adheres to conventional structure and formatting features, with consistent citation and footnote style. The structure is logical and well-organized, with causal connections between statements. The text is free from grammatical errors, spelling mistakes, and punctuation errors. No changes in content have been made. Descriptive qualitative research that uses both quantitative and qualitative data. The research findings indicate good financial performance in terms of liquidity ratios and Gross Profit Margin (GPM), but not for Net Profit Margin (NPM). The solvency ratio is very good. The analysis utilizing the common size approach indicates an increase in the percentage of cash and cash equivalents, inventory, operational expenses, additional capital, and current debt, as well as a decrease in receivables and net profit from 2020-2022.

Pendampingan Pencatatan Laporan Keuangan Pada UMKM

Balikpapan is a supporting city for the Capital of the Archipelago, which must have a notable icon for its progress. It comprises six districts, one of which is Balikpapan Tengah, consisting of six sub-districts: Gunung Sari Ilir, Gunung Sari Ulu, Mekar Sari, Karang Rejo, Sumber Rejo, and Karang Jati. The area is home to 4,575 Micro, Small, and Medium Enterprises (MSME). The objective of financial report recording assistance is to aid MSME in calculating the costs incurred in producing goods or products intended for sale by business operators.The assistance method involves providing training and guidance for entrepreneurs who join the MSME forum in each sub-district. The outcome of this assistance is that business operators can calculate production costs, determine the selling price, and create financial reports, including cash flow and profit and loss statements. This initiative aims to elevate Balikpapan's status by empowering MSME in Balikpapan Tengah to better manage their financial aspects. By enabling entrepreneurs to accurately calculate production costs and set competitive prices, the program contributes to the economic development and sustainability of these businesses. The training and guidance provided through the MSME forum serve as a crucial step towards enhancing the overall economic landscape of Balikpapan

The impact of taxation on firm performance and risk: Evidence from Greece

<abstract> <p>In this paper, I examine the relationship of taxation with performance and risk with the usage of a sample of 76 non-financial companies traded on the Athens Stock Exchange. The period covered by my study spans from 2018 to 2022, while correlation and panel data analysis is conducted. Both financial performance and stock return are considered, while risk concerns the volatility of the companies' share prices. The explanatory variables used concern figures reported both in the balance sheet and the profit and loss statement and include net deferred tax, deferred tax asset, deferred tax liability, total tax expense/revenue, income tax, and deferred tax expense/revenue. The empirical results reveal a positive relationship of financial performance with net deferred tax, total tax expense/revenue, income tax and deferred tax expense/revenue. Moreover, deferred tax asset is found to affect financial performance in a negative fashion, while deferred tax liability bears a positive influence on financial performance. The opposite relationships with deferred tax asset and deferred tax liability are detected in the case of stock return and risk. Finally, evidence of a negative relationship of total tax and income tax with stock risk is obtained.</p> </abstract>

ФІНАНСОВА І НЕФІНАНСОВА ЗВІТНІСТЬ ГАЛУЗІ ТУРИЗМУ УКРАЇНИ – НА ШЛЯХУ ДО ЄС

The aim of the research was the theoretical justification and improvement of the disclosure of financial and non-financial information of the subjects of tourism activity on the way to the harmonization of the legislation of Ukraine with the legislation of the EU. Tourist activities in Ukraine are carried out by: tourist operators and agents, as well as other business entities that are legal entities or may be persons – entrepreneurs. The determination of the type of business entity depending on the organizational and legal form and certain criteria according to the Law of Ukraine "On accounting and financial reporting in Ukraine" is the basis of the choice of simplified or full financial reporting and the right to a simplified system of taxation and accounting. Sole proprietorships who are on the simplified or general taxation system, employed in tourism, submit only tax reporting to the relevant authorities. Travel agents and operators registered as legal entities, which are micro or small undertakings, independently determine the feasibility of drawing up financial statements and decide which set to submit: simplified or full financial statements. The authors made a comparison of financial statements according to NR(S)A and EU Directives. The EU directive significantly simplifies financial reporting for micro undertakings. Ukrainian legislation requires more detailed information about the assets, liabilities and capital of a small business. However, the EU Directive recommends much more detailed data on the income and expenses of such enterprises in the profit and loss statement and separately in the notes. Large undertakings in the tourism industry publish financial statements according to International Financial Reporting Standards on their web page or website. In addition, large undertakings disclose financial and non-financial information about the business in the management statement. This is the first non-financial report that has become mandatory for Ukrainian large and medium-sized undertakings. The article discusses the disclosure of non-financial information in statements in accordance with the new EU Corporate Sustainability Reporting Directive, and the determination of the stages of introducing sustainable development reporting during 2024–2028. We believe that the presentation of data on social responsibility and sustainable development by tourism campaigns will have a positive effect on their investment attractiveness.

Impact of Marketing, Sales and Innovations on Business Performance Analysis in Intellectual Capital Research: Latvia, Estonia and Lithuania

Intellectual capital components’ meta system has exploded in the past decade following the four decades of intellectual capital research evolution, followed by wide discussions on definitions, measurements, reporting, impact analysis, etc. The evolution of IC research has been divided into four stages, although the borders between them are fluid and the exchange of ideas has grown in all directions at tremendous speed since the end of the 1990s. The intellectual capital theory has evolved from the resource-based view, competence-based view, and knowledge-based view. Intellectual capital, a new term, appeared in the 1990s and, in essence, coincided with the concept of intangible assets. In particular, researchers agree that the terms “intangible assets”, “trademark”, “good repute”, and “intellectual property” in accounting and valuation activities do not cover everything that should be included in the new concept. It is about using intangible assets as a management object to increase the value of the company by involving previously unused reserves such as knowledge, information technology, customer satisfaction, etc. There is no unified definition; therefore, there is flexibility in using the term. Owing to its significance in the new sustainable reality, intellectual capital has become crucial for growing economies and has been recognized as a fundamental discipline that is thoroughly supported by practitioners and government structures worldwide. On the basis of the analysis of intellectual capital research, research questions can be defined in the form of a block-chain of the research areas, including a) terminology and definition b) components and classification; c) measurement and evaluation systems; d) value creation and, more recently, distortions; e) efficiency and effectiveness; f) reporting and disclosure; g) impact assessment; h) decision-making; and i) indication of contradictions and gaps for further research. The study used a sample of Nasdaq Baltic Issuers in Latvia, Lithuania and Estonia for the prepandemic period of 2012–2019 and collected 84 data units from the annexes to yearly financial statements explaining the cash flow and profit and loss statements of each. As companies are publicly listed, the financial measurements on the performance side were provided by the Morning star reports. Longitudinal regression analysis was applied for the impact analysis. The findings confirm that relational capital, measured as marketing and sales components with proxies for assets, sales revenue and value added, is significant in the case of ROA, ROE, ROS and RBS, which have positive impacts and do not affect the price‒earnings ratio of listed companies in Baltics. The exploratory longitudinal analysis confirms the data regarding the existence of a total of six factors in the pilot study that have an impact on the business performance indicators while showing different levels of significance, directions of impact and time scales, which highlights the unique findings of the current extended research on intellectual capital and is the first time that it has been applied in Baltic countries. Testing for the different proxies and moderate and control variables introduces new aspects to the analysis of the impact of resource deployment on business performance overall. Simultaneously, simplifying the model using composite aggregate ratios on both sides of the equation has created a precondition for optimizing impact models worldwide.

Analysis of Deep Learning Techniques to Facilitate Automation of Financial Statements for Accounting Programs in Higher Education Institutions

Abstract The rapid development of information technology and mobile Internet technology has brought about innovations in the field of education. The application of financial statement automation analysis methods in the teaching of accounting majors in higher vocational colleges and universities is conducive to improving the quality of the training of accounting talents in higher vocational colleges and universities so as to accelerate the construction of the modern accounting industry college. This study proposes the application of relevant deep learning techniques in the process of automated analysis of financial statements in terms of recognition and analysis, such as text detection based on CTPN and text recognition technology based on CRNN-Attention, which makes the processing of financial statements more automated and intelligent. It is also proposed to utilize the K-means algorithm to perform cluster analysis on the model output to extract the financial status of the company. To evaluate the model’s performance, several financial statement images of 12 companies are sampled for example analysis. The experimental data shows that the model has a high percentage of image skew correction, e.g., the ratio of image skew correction for the income statement and cash flow statement is 100%. The recognition speed of the model is also faster, with the consumption time of the profit and loss statement recognition task being around 0.3 seconds in 20 tests. In the financial statement analysis session, each of the three clusters of companies under the K-means algorithm clustering has its characteristics, with the first cluster of companies having a stronger quality of earnings, the third cluster of companies having outstanding profitability, and the second cluster of companies having average indicator data.

Financial Accounting and Management Accounting Training for MSMEs at the Annisa Bandung Cooperative

One of the internal problems faced by MSMEs is that the transaction records is still extremely simple, and many have not even done that yet. 85.19% of MSMEs in the Annisa Bandung Cooperative do not carry out accounting records in an orderly manner. However, it is important for MSMEs to carry out the accounting recording process to support the fluidity of their business activities. For this reason, it is important to hold training, that aim to provide knowledge and understanding of financial and management accounting so that MSME practitioners be able to apply it to their business activities. The methodology used in community service activities in the form of training is a service learning approach. Meanwhile, the implementation method is preparation, implementation and evaluation. The results of the training activities, namely that the level of knowledge of participants increased by 34% and the level of understanding increased by 44.44%, were said to be successful because this value reached more than 25%. Participants will apply the accounting records that are trained in their business activities as follows: (1) cash flow as much as 48.16%, (2) cash flows, profit and loss statements and inventory books as much as 44.44% and (3) inventory books as much as 7.4%.