Principle Of Prudence Research Articles

Pengaruh Company Growth, Komite Audit, Komisaris Independen, Cash Flow, dan Dividend Payout Ratio Terhadap Konservatisme Akuntansi

Conservatism is the principle of prudence in financial reporting where companies do not immediately recognize and measure asets and profits but immediately recognize losses and debts that may occur. This study aims to analyze the effect of company growth, audit committee, independen commissioners, cash flow, dividend payout ratio on accounting conservatism in non-financial companies listed on the Indonesian stock exchange for the period 2020-2022. The sampling technique used in this study was purposive sampling. A total of 273 companies that have met the criteria as observation units. The analysis method used is multiple linear regression analysis. The results of the study provide empirical evidence that the audit committee, independen commissioners, and dividend payout ratio affect accounting conservatism. While company growth and cash flow have no effect on accounting conservatism.

Legal Analysis of Bank Compliance in Implementing the Principle of Prudence in Credit with Trade Receivables Fiduciary Guarantee

prudential principle is a fundamental pillar in maintaining the stability and security of bank finances, especially in the distribution of credit with fiduciary guarantees for trade receivables. Credit secured by trade receivables has special characteristics that require a more in-depth risk evaluation, given the intangible nature of receivables and dependence on the ability of third parties to pay. This study discusses how the prudential principle is applied by banks in the process of creditworthiness analysis, assessing the quality of trade receivables as collateral, and managing related risks, including liquidity, default, and legal risks. In addition, this study highlights the importance of fiduciary registration and complete legal documentation to protect banks from potential legal disputes and ensure effective collateral execution in the event of default. By implementing strict prudential principles and comprehensive risk management, banks can minimize the risks associated with the distribution of credit guaranteed by fiduciary on trade receivables, thereby maintaining their financial and operational stability.

Pengaruh Financial Distress, Firm Size, Leverage, dan Ceo Retirement terhadap Prudence (Studi Empiris pada Perusahaan Sektor Makanan dan Minuman yang terdaftar di Bursa Efek Indonesia tahun 2019-2022)

Prudence is a conference of accounting conservatism or which means the principle of prudence in recognizing income or assets and expenses that can result in shrinking the profits generated by a company in order to reduce the risk of uncertainty in the future. This study aims to examine the factors that affect prudence in food and beverage sector companies on the Indonesia Stock Exchange in 2019-2022. The sampling technique used in this study is purposive sampling. A total of 97 companies have met the criteria as an observation unit. The method of analysis used is multiple linear regression analysis. The results provide empirical evidence that financial distress, firm size, leverage, and ceo retirement affect prudence.

The Role of Green Intellectual Capital and Busy Director as Moderators of the Influence of Prudence and Audit Tenure on Integrated Reports

Financial reports are financial information of a company in an accounting period that can be used to describe the performance of a company (Kashmir in Gayatri). Financial reports are said to be good if they have integrity over the information contained therein. Along with the convergence of IFRS, the concept of conservatism is now replaced by prudence, what is meant by prudence in IFRS is that revenue recognition may be recognized even though it is still potential, as long as it meets the provisions for revenue recognition but still uses the principle of prudence in its recognition. After SAK adopted IFRS. This study aims to test the effect of Prudence, Audit Tenure on the Integrated Report and examine whether there is a role of Green Intellectual Capital and Busy Director as a moderation of the influence of Prudence, Audit Tenure on the Integrated Report carried out by the company. This study took the research population from financial sector companies listed on the Indonesia Stock Exchange for the 2019-2021 period. The type of data used in this study is secondary data in the form of company financial reports which are used as samples. The research method used in this study is a quantitative research method. The sample was selected using the purposive sampling method. To test the hypothesis, this research uses multiple linear regression analysis. Based on the results of this study, it shows that prudence has an effect on the integrated report, Audit tenure does not have an effect on the audit report, Green Intellectual capital strengthens the effect of Prudence on the integrated report but busy directors do not strengthen the effect of Prudence on the integrated report. Green Intellectual capital strengthens the effect of Audit Tenure on the integrated report but busy directors do not strengthen the effect of Audit Tenure on the integrated report

Implementation of Loan to Value Easing Policy and Efforts to Overcome Problem Property Credit

The function of national banking is not only as a forum for collecting and distributing public funds or as an intermediary for savers and borrowers (investors) but also to improve people's living standards; one of these efforts is to provide various types of Credit, one of which is property credit. One of Bank Indonesia's efforts is to provide relief by increasing the loan to value (LTV) ratio for the lower middle class. Based on this background, this article examines and analyzes the considerations for issuing macroprudential policies regarding loan to value relaxation on property loans and the efforts banks should make to handle problem loans. This type of research is empirical legal research because it examines the considerations for issuing macroprudential policies regarding loan to value relaxation on property loans and the efforts banks should make to handle problem loans. PT. State Savings Bank (Persero) Tbk. Applying a maximum limit differs from Bank Indonesia Regulations because banking upholds the principle of prudence.

The Legal Cancellation Consequences of A Notarial Deed Due to The Elements Existence of Unlawful Acts (Case Study of Supreme Court Ruling Number 20 PK/PID/2020)

As a public official, a Notary has the task of making deeds. The deed is an authentic piece of evidence to prove that a legal action has occurred between the two parties. Every authentic deed made by a Notary creates legal certainty. Therefore, notaries are required to always be careful and thorough in carrying out their official duties. However, in practice, in carrying out their duties, quite a few Notaries experience problems related to the deeds they make. Like the case that occurred in Supreme Court Decision Number 20 Pk/Pid/2020. Where the Notary is proven to have committed an unlawful act in making the deed and this results in the deed being invalidated. The cancellation of the notarial deed will result in the agreement between the two parties being no longer binding and all processes of transferring rights based on the deed becoming invalid and deemed to have never occurred. For this reason, it is hoped that notaries will always apply the principle of prudence, uphold dignity and professional code of ethics so that they remain wise in carrying out their official duties without harming any party.

THE BUSINESS JUDGEMENT RULES ( BJR ) DOCTRINE AS LEGAL PROTECTION AGAINST BOARD OF DIRECTORS IN BUMN

<p><em>This legal writing discusses the implementation of the Business Judgment Rules (BJR) doctrine, in relation to the legal protection of BUMN directors, where in carrying out management of BUMN, when the BUMN experiences losses the directors are deemed to have harmed state finances. In writing this law, it uses a type of normative legal research, with a statutory approach and a conceptual approach. The legal materials used are primary legal materials, namely Law Number 40 of 2007 concerning Limited Liability Companies and Law Number 19 of 2003 concerning BUMN. The research results show that Law Number 40 of 2007 concerning Limited Liability Companies basically regulates the protection of Directors in BUMN companies in protecting the rights of directors through the concept of the Business Judgment Rule doctrine as regulated in Article 97 Paragraph (5) and Article 104 Paragraph (4) Law Number 40 of 2007 concerning Limited Liability Companies. Through the Business Judgment Rule Doctrine, it has provided legal protection for directors of state-owned companies who cannot be held individually responsible for losses to state-owned companies by proving that the losses were not due to the fault or negligence of the directors of state -owned companies, have made business policies in accordance with good faith and the principle of prudence and the absence of personal conflicts of interest when making business policies by BUMN directors.</em></p>

LEGAL PROTECTION OF DISPUTED LAND DEED OFFICIALS IN THE BANKRUPTCY ESTATE BY THE CURATOR IN RELATION TO THE PRINCIPLE OF JUSTICE

Bankruptcy occurs when a person or entity stops paying its overdue debts, leading to the management of their assets by a curator. The curator oversees and manages the bankruptcy estate. The problem of bankruptcy estate often arises due to the transfer deed issued by the Land Deed Official (PPAT) which is considered incorrect by the curator, resulting in the Land Deed Official being sued and creates uncertainty as well as injustice for the Land Deed Official. This research will examine how the land law system regulates land sale and purchase transactions in the agrarian field in Indonesia, which was previously regulated in Government Regulation No. 24 of 1997 concerning Land Registration by applying a negative publication system with positive elements. This research applies empirical juridical research methods. The findings of this research identified that the legal system of land sales and purchases in Indonesia can lead to disputes in bankruptcy estates managed by curators, particularly concerning the principle of prudence. The Land Deed Official is responsible for errors or violations in the deeds they create but not for inaccuracies provided by the parties involved. If the parties provide false information, the responsibility lies with them, rather than with the Land Deed Official who only records the submitted information.

FINANCING RISK MANAGEMENT BASED ON PROFIT SHARING SHARIA RURAL BANK (STUDY ON BPRS HIK PARAHYANGAN)

The banking industry in its operations is full of risks that can disrupt the survival of banks, including Sharia Rural Bank (BPRS). The characteristics of BPRS products and services require identification, measurement, monitoring and risk control functions that are in accordance with sharia banking business activities. The composition of profit sharing based financing at BPRS is only 14%, the level of profitability with ROA and ROE starting in 2014 has decreased. On the other hand, the non-performing financing (NPF) ratio continues to increase. Meanwhile, the opportunity to increase profit sharing-based financing is very high because the number of MSMEs is very large.The number of BPRS in Indonesia until 2023 is 173, of which there are 80 BPRS in the island of Java. Secondary data collection is carried out through annual reports. BPRS HIK Parahyangan was chosen as the research object. Analysis of the implementation of risk management follows the stages of the risk management process. BPRS HIK Parahyangan's understanding of risk management and its implementation.The research results show the fact that in the year period studied, namely 2020-2022, BPRS HIK Parahyangan has implemented risk management and risk mitigation well. The risk management process is understood and implemented by BPRS HIK Parahyangan, always applying the principle of prudence in providing financing and focusing on clients who have a proven track record. So that BPRS HIK Parahyangan can maintain healthy financing quality with a controlled problem financing ratio.

Konten Youtube Sebagai Jaminan Bagi Pelaku Ekonomi Kreatif Dalam Perspektif Hukum Jaminan

YouTube content copyright is an object that moves and has no form, so it can be the object of fiduciary guarantees from financial institutions. However, this provision has given rise to many interpretations because it does not specifically regulate the criteria for YouTube content copyright which will be the object of fiduciary guarantees. Therefore, the author examines the legal certainty and facilitation of schemes for creditors holding fiduciary guarantees over YouTube content copyright objects. The research is normative legal research using a statutory approach and a conceptual approach, which is carried out by analyzing primary legal materials and secondary legal materials. The results of this research are Law Number 10 of 1998 concerning Amendments to Law Number 7 of 1992 concerning Banking, ordering banks to implement the principle of prudence in assessing customer personality, customer business and collateral objects in the form of YouTube content copyrights. carry out credit distribution. If there is a default in the credit agreement, based on Law Number 42 of 1999 concerning Fiduciary Guarantees, the creditor can execute the YouTube content copyright which is the object of the collateral.

The Precautionary Principle of Running Foundation Activities In the Perspective of the Foundation Law and the National Criminal Code

<p>This research aims to examine the principle of prudence in managing Foundation activities. The urgency of this research is so that the foundation can maintain its sustainability, develop, and be able to provide broad benefits according to the objectives of its establishment. This research uses qualitative methods with a statutory and conceptual approach. The novelty of this research is that in managing Foundation activities, the precautionary principle is required. The results of this research are the principle of prudence in carrying out Foundation activities consisting of Firstly, in managing the Foundation, it must always be guided by applicable legal provisions to avoid problems, whether problems in the form of civil disputes or criminal violations. Second, it must based on the principle of non-profit oriented, where foundations are not prohibited from running business entities, but the results are aimed at the interests of society and the sustainability of the Foundation to succeed in its social goals, because the Foundation is not oriented towards profit or gain, but rather towards benefit. Third, the organs of the Foundation must avoid conflicts of interest that could harm the interests of the Foundation and other parties. Fourth, foundations must apply the principles of Good Corporate Governance (GCG), namely: independence, transparency, accountability, and fairness.</p>

Akad Musyarakah As Productive Waqf Aspect To Optimizing Ar-Rahman Mart According To Fatwa DSN-MUI

Growing of efficient waqf it's also done by means of participating with third parties, supported by issuance of the DSN-MUI Fatwa number: 08/DSN-MUI/IV/2000. So, the study aims to determine how the practice of akad Musyarakah at Ar-Rahman Mart and how the practice of akad musyarakah in perspective of Fatwa DSN-MUI No: 08/DSN-MUI/IV/2000 at Ar-Rahman Mart (ARM). This research is qualitative research with the type of case study through method of interview and documentation. The results obtained are the practice of akad musyarakah at Ar-Rahman Mart use musyarkah or Franchise system or KASOEIBI (Sharing Economic Cooperation or Kerjasama Ekonomi Berbagi) for 5 years beginning in 2019, profit sharing is 9:1 for CV Ar-Rahman and Alfamart, cause this cooperation have same goals to increasing society economic and in Ar-Rahman Mart produce waqf wealth to convert Masjid through profit motivation. The franchise system has principle of openness and prudence by sharia principles, but unfortunately, its contract does not fulfill all rules contained in the DSN-MUI Fatwa, this is because both parties have provided capital, but in the management and operation that occurred at Ar-Rahman Mart, the Ar-Rahman Foundation and CV Ar-Rahman did not have the authority to control the business activities in Ar-Rahman Mart every day.

Az intellektuális tőke mérési lehetőségei egy vállalati példán keresztül

Our research aims to examine the “invisible value” found at UPC Magyarország Kft. Since Vodafone Magyarország Nyrt. announced the acquisition of UPC Magyarország Kft. in 2020. Our research is aimed at using different methods to determine the invisible assets, intellectual capital, and added value, which cannot be determined directly from the financial statements of UPC Magyarország Kft. Since the financial statements prepared based on accounting principles follow the principle of prudence, many assets (mainly intangible assets) are not shown in the financial statements, so they only become visible after the moment of acquisition. Three different methods were used to measure intellectual capital, then the results were compared. The three methods use different points of view to measure intellectual capital and approach the concept of intellectual capital from other points of view. The CIV method shows us the lack of intellectual capital in relation to the industry or the surplus value; The EVA indicator explicitly shows us the intellectual capital size; and the VAIC method the efficiency of intellectual capital.

Should Sharia Banks Go Public: Analysis Using The RGEC Method

Recently, the OJK has encouraged Shariah banks to go public to obtain new funding sources for business expansion, increasing corporate value and image. In fact, are Sharia Banks that go public better than non-go public. Therefore, this study aims to test whether the health of Sharia Banks that go public is better than non-go public. Observation data used 122 Sharia Banks during the 2014-2022 period. Using an independent sample t-test and RGEC health indicators, we find that Sharia Banks that go public have better health than non-go public but are not significantly different. These results also indicate why Sharia Banks go public are not as many as Conventional Banks. Sharia Banks adhere to the principle of prudence, including going public. If going public does not significantly change the health and performance of a Shariah Bank, the initiative to go public needs to be careful because ownership will transfer to shareholders. It will be a problem if shareholders do not understand Sharia principles.

OVERVIEW OF THE PRINCIPLES OF THE MODERN ACCOUNTING SYSTEM AND FINANCIAL REPORTING IN UKRAINE

The article examines and defines the areas of application of the accounting and financial reporting principles that are widespread in the accounting practice of Ukrainian enterprises. The authors have studied their classification according to various characteristics, the emergence of the need and possibilities of their approximation, and the harmonisation of national standards. We analyse the appropriateness of using the principles for types of the accounting necessary to reflect the facts of economic functioning, observed phenomena, and processes. The article considers the peculiarities of the functioning of the modern accounting system and financial reporting of Ukraine according to the principles of autonomy, continuity, and matching of income and expenses and examples of their use in modern enterprises of Ukraine. Per the principles of the predominance of substance over form and a single monetary measure, the historical (actual) value is considered a base indicator. The principles of periodicity, consistency, and full disclosure are a prerequisite for the emergence of the principle of prudence (when receiving doubtful debts). Therefore, when evaluating the information provided in the reports, one should not overstate assets and income or understate expenses and liabilities. The principle of balance between monetary and non-monetary indicators indicates the need to use a complex of different indicators when displaying the accounting object of separate levels of management and various forms of reporting, thus forming an array of relevant information. The study’s results consider principles as the core initial provisions of accounting, the basic concept that is the basis of assessment and recognition in accounting processes, and disclosure of the economic activity results in financial statements. The principle of timeliness should be considered the main accounting principle. We propose to add the principles of representativeness, impartiality, and comparability to the existing principles. Keywords: accounting, business operations, accounting system principles, accounting system, financial reporting.

Kritis Syarat-Syarat Mufassir di Era Modern

In the field of tafsir, individuals who analyze and explain the meaning of the Koran are referred to as mufassir. A Mufassir, or interpreter of the Koran, must adhere to the principle of prudence and avoid interpreting the text based on personal desires. Nevertheless, in conformity with the Divine Being who has disclosed the Qur'an. The interpreter's personality is a crucial factor in evaluating the quality of the interpretation output. As time advances, the field of interpretation should likewise evolve. Some contemporary scholars are hesitant to reinterpret the Qur'an due to the stringent standards set forth by classical scholars. This study employs qualitative research methodology, namely library research. The employed data collection strategy is a literature review method that utilizes diverse primary and secondary data sources. The research findings indicate that there are specific circumstances and criteria that must be met by an individual in order to be considered a mufassir, or an interpreter of the Al-Qur'an. The prerequisites, encompassing both physical and psychological aspects, along with scholastic criteria, aim to reinforce the outcomes of the interpretation that are unanimously agreed upon by the ulama and may be universally recognized by all segments of society.

DEED OF SALE AND PURCHASE IN PRUDENTIAL PRINCIPLE APPLICATION BASED ON AN ABSOLUTE POWER OF ATTORNEY (STUDY DECISION NUMBER: 2255 K/PDT/2014)

The displacement of land rights through sale and purchase is required to be carried out before the PPAT either directly by the parties or by the attorney given power, the party which has been given the power of attorney by the land owner (seller) or by the buyer with a power of attorney to sell, made before a Notary, however, power of attorney for selling can be the basis for buying and selling land as stated in the Instruction of the Minister of Home Affairs Number 14 of 1982 concerning the Prohibition of Absolute Power of Attorney as a Transfer of Land Rights issued on March 6 1982, to that, a Notary /PPAT must take an attentive action in the land sales process, despite the fact that the Notary/PPAT does not fully implement the principle of prudence, in addition, the legal validity of the Deed made is questionable. The formulation in this research is: (1) What is the validity of the use of an absolute power of attorney made by a notary in making a land sale and purchase deed? (2) How is the Precautionary Principle applied to the Preparation of Sale-Purchase Deeds by PPAT? This research was conducted using a normative juridical method with a statutory approach and a conceptual approach. The research specification used is an analytical perspective, such as describing and analyzing facts through a statutory approach. The source of legal materials use library research data techniques based on research results. Notaries/PPATs in carrying out their duties and authority must always use the principle of prudence and either PPAT in making authentic deeds should be based on absolute power of attorney and the validity of the power of attorney, in which PPAT should have rejected from the start because absolute power of attorney is prohibited in the land buying and selling process.Keywords: Precautionary principle; Notary/PPAT; Absolute power of attorney.

The Legal Validity of the Civil Servant Appointment Decree as Collateral in a Credit Agreement

All A Decree on the Appointment of Civil Servants is a decree regarding the appointment of Civil Servants issued by a Civil Service Supervisory Officer who has special privileges in the field of civil law. Banks provide credit services to the public whose implementation requires collateral. The approach method that will be used in this research is the normative juridical approach method. This Civil Servant Decree is not part of a securities, because the owner has special privileges which contain legal certainty that the civil servant will receive a fixed salary. Banks as credit providers at this time need to apply appropriate analysis in providing credit to civil servants and the civil servant's decision letter is used as collateral, where later the loan given will be adjusted to the civil servant's salary and the time period determined by the parties. The research results show that the PNS Decree has permanent legal force because it is in the form of a valid decision but cannot be traded, the PNS Decree has economic value in the form of a guarantee of legal certainty that civil servants will receive a definite salary every month. The bank can also ask for liability by default where the bank can ask for compensation, cancellation of the agreement, and fulfillment of achievements plus interest for existing losses. Banks need to apply the principle of prudence in providing credit to their customers. The good faith of customers in paying off their credit if they are no longer civil servants is an important point in this accountability.

Penerapan Prinsip Kehati-hatian Pada Data Nasabah Pinjaman Secara Online

Introduction: Process of providing loans without intermediaries such as banks and credit institutions, there is a special website in the form of an implementation platform where the user can become a giver. In online loans, some are guaranteed and some are without collateral, this can lead to misuse of personal data for users of financial technology services.Purposes of the Research: The purpose of writing this thesis is to find out and explain the application of the precautionary principle of online loan customer data and how the form of legal protection for online loan customer data.Methods of the Research: The research method used in this study is normative juridical with a conceptual approach and statutory regulations and legal materials used are primary and secondary legal materials.Results of the Research: The The results of this study indicate that financial technology is an innovation or a combination of conventional banking credit agreement systems with a touch of modern technology. The system for managing credit agreements in financial technology includes: Basic Banking Law No. 10 of 1998, Bank Indonesia Regulation (PBI) No. 19/12/PBI/2017 concerning the Implementation of Fintech, Financial Services Authority Regulation No. 77/POJK.01/2016 regarding Information Technology-Based Money Borrowing Services Digital Financial Services, then Regulations regarding the principle of prudence in fintech credit agreements have the same rights and obligations between conventional credit agreements with fintech.

The Principle of Publicity in the Binding of Guarantees For Credit in the Distribution of Credit in Banking Institutions Linked to the Prudential Banking Principle

Objective: This research aims to determine the principle of publicity in binding collateral for mortgage rights in lending to banking institutions about the tenets of Prudential Banking. Method: The type of research used is normative legal research to test applicable norms or provisions. It can also be researched by examining library materials or secondary data. Doctrinal legal research. The approach method used is the conceptual approach method. Result: Economic actors complete their financial needs by borrowing funds or capital, which is called credit, through public or private banks, users of banking products or services because there are still practices that are considered not in line with existing regulations, thus resulting in or having an impact on the debtors and creditors themselves. It can harm both parties, both materially and immaterially. Conclusion: The application of the principle of prudence in credit distribution is critical to ensure that the bank is always in a healthy condition, always in a liquid, solvent and profitable condition, especially in the distribution of funds with collateral for land rights; the application of the publicity principle is also very influential in determining the position of the bank, especially in taking back credit repayments. Therefore, the focus of prudence and the direction of publicity support the achievement of legal certainty for parties entering into agreements in credit agreements, especially in providing mortgage credit.