Showing papers on "Accounting period published in 2015"
TL;DR: In this article, a spatially explicit bookkeeping model BLUE (bookkeeping of land use emissions) is applied to quantify LULCC fluxes and attribute them to land use activities and countries by a range of different accounting methods.
Abstract: Accounting for carbon fluxes from land use and land cover change (LULCC) generally requires choosing from multiple options of how to attribute the fluxes to regions and to LULCC activities. Applying a newly developed and spatially explicit bookkeeping model BLUE (bookkeeping of land use emissions), we quantify LULCC fluxes and attribute them to land use activities and countries by a range of different accounting methods. We present results with respect to a Kyoto Protocol-like “commitment” accounting period, using land use emissions of 2008–2012 as an example scenario. We assess the effect of accounting methods that vary (1) the temporal evolution of carbon stocks, (2) the state of the carbon stocks at the beginning of the period, (3) the temporal attribution of carbon fluxes during the period, and (4) treatment of LULCC fluxes that occurred prior to the beginning of the period. We show that the methodological choices result in grossly different estimates of carbon fluxes for the different attribution definitions.
145 citations
05 Jun 2015
TL;DR: In this article, the authors compared the theory and practice of accounting on the implementation of cooperative sukajadi subdistrict of Micro andSMEs and educated in Pekanbaru SAK ETAP alignment with and see.
Abstract: Micro and SMEs are the group largest economic players in the indonesian economyand one driving the forefront of economic development .As the shaft of a revival ofthe national economy , and not the sector without problems. In addition to theproblem of capital , one of the problems faced by and as well as the weakness ofMicro and SMEs is the application of appropriate accounting SAK ETAP with havingan important role in providing information about the effectiveness and efficiency ofthe activities conducted during a period of accounting , called the financial report.This research aims to understand how the form of accounting on the application ofSMEs Sukajadi sub-district the cooperatives and Micro and SMEs Pekanbaru andwhether the application of its accounting have been in accordance with SAK ETAPwas below. The technique of analysis of data used in this research is the descriptiveanalysis , namely with the fact analysis by comparing the theory or practice ofaccounting on the implementation of cooperative sukajadi sub-district of Micro andSMEs and educated in Pekanbaru SAK ETAP alignment with and see .This analysiswill provide a thorough accounting of how the businesses run by comparing it withthe theory that there is , so can be seen whether the application of accounting atsukajadi sub-district under the jurisdiction of Micro and SMEs and cooperativepekanbaru especially in the preparation of the financial report is in accordance withSAK ETAP or not. Based on the result can only conclude that the averageaccounting for 40 % of the dept. of cooperatives, and Micro and SMEs in pekanbarusukajadi full of, or based on the steps on SAK ETAP and accounting. In other words,still accounting for 60 percent of the very simple, and it is not in accordance with TheSAK ETAP. The research which the results of 83 % of the respondents, SAK ETAPdo not understand, 70 % of respondents didn ' t use to make the accountingsoftware with that timely and relevant, and 70 % of respondents in the market doesnot provide additional information, and no financial information in the reportpresented, so that ' s incomplete. This is because the lack of knowledge,understanding as well as awareness of the importance of the application of acomplete and in accordance with accounting. etap those respondents to applyaccounting in a complete manner and in accordance in the formulation of. etapespecially financial statement is in order to obtain information on business activitiesfor one of an accounting period Keywords : Micro and SMEs, SAK ETAP
9 citations
31 May 2015
TL;DR: In this article, the authors conducted a multi-layered review on the institutional framework underpinning accounting and auditing practices in the private sector and in SOEs of the country in comparison with international standards and good practice.
Abstract: The Report on the Observance of Standards and Codes, Accounting and Auditing (ROSC AA determines the comparability of national accounting and auditing standards; and evaluates the effectiveness of enforcement mechanisms for ensuring compliance with existing national standards, rules, and regulations. The review was conducted from December 2013 to September 2014 using the World Bank’s multi-layered review methodology. All findings reflect this time period of the review; some stated future events may have been achieved by publication date. The data and information used for the review was gathered from a diagnostic questionnaire completed by stakeholders; by reviewing accountancy profession-related documents; and through interviews with many stakeholders from government, regulatory and accountancy bodies, accounting and auditing firms, banks, insurance companies, state-owned enterprises (SOEs), small and medium-size enterprises (SMEs), and academia. The review focused on assessing the institutional framework underpinning accounting and auditing practices in the private sector and in SOEs of the country in comparison with international standards and good practice.
9 citations
TL;DR: In this paper, the authors compared the current approaches in reporting of gross written premium in selected Central and Eastern European countries and proved that for the comparability of data and for their information capability there is crucial to develop a precise definition of gross-written premium; only in such case there would be possible to ensure the credibility of statistical data.
Abstract: The research objective of this paper is to compare the current approaches in reporting of gross written premium in selected Central and Eastern European countries. Under current Czech regulations, the gross written premium in majority of Czech insurance companies is charged under the payment method set in the contract (i.e. annually, quarterly, monthly, etc.), however revenues from gross written premium for the accounting period are always shown in the proper amount. Our research confirmed that presented information about gross written premium in various jurisdictions is based on different methodologies and proved that for the comparability of data and for their information capability there is crucial to develop a precise definition of gross written premium; only in such case there would be possible to ensure the credibility of statistical data. Using these incomparable data may lead in many cases to misleading conclusions when evaluating the level of insurance in various countries and regions.
2 citations
25 May 2015
TL;DR: In this article, 160 set of questionnaires were distributed to the small businesses manager/owner in the state of Selangor to get their level of awareness and knowledge on budgeting.
Abstract: Budget is a quantified financial planning for a future accounting period. It concerns with the middle and long term plan for the year ahead. Budgets are a clear indication of what is expected to be achieved during the budget period. Budget preparation also motivating managers to strive in achieving the organizational goals, controlling activities and evaluating the performance of managers. Budget is not only useful to the well-established organization but actually it is important for small scale business. 160 set of questionnaires were distributed to the small businesses manager/owner in the state of Selangor to get their level of awareness and knowledge on budgeting. From the study, it was found that the awareness and knowledge level of small businesses owner on budget is in moderate pattern. Future studies could enhance to the awareness and knowledge level of the medium size organization on budget. Keyword: Budgetting, Small Business, Awareness,
1 citations
Patent•
15 Apr 2015
TL;DR: In this article, an inventory processing method and system based on Oracle EBS system is presented, which includes steps of A, when the system stays in a financial settlement period, caching inventory event processing data; B, after financial settlement of the system, updating the cached data.
Abstract: The invention provides an inventory processing method and system based on Oracle EBS system. The inventory processing method includes steps of A, when the system stays in a financial settlement period, caching inventory event processing data in the financial settlement period of the system; B, after financial settlement of the system, updating the cached data. By setting an additional caching step, the inventory event processing data are cached in the financial settlement period for the next accounting period, so that inventory events can be processed during the financial settlement period without affecting accuracy of financial settlement data.
Dissertation•
01 Jan 2015
TL;DR: The main purpose of applying the International Accounting Standars (IAS) N° 41 lies on showing the relevant financial information and that financial statements of the company are fairly presented, and moreover make the company to rectify their activities as discussed by the authors.
Abstract: “Clemencia” Banana Farm main activity is agriculture, that is why the objective of research is explain the theoretical and scientific basis to recognize and kept record of biological files The main purpose of applying the International Accounting Standars (IAS) N° 41 lies on showing the relevant financial information and that financial statements of the company are fairly presented, and moreover make the company to rectify their activities It is recommended to highlight, the scope of the International Accounting Standard 41 relating to biological assents corresponds only to the process of harvest of biological assents and agricultural products The company according to the Accounting Standars biological assets held in their respective recognition both at the beginning and end of your accounting period For this biological assent is considered such, It must give the company a product of economic benefit as a result of past events, taking into account the most reliable for recovery that hesitation is the fair value method We conclude that the company once made their respective valuation process get a result which will be reflected in the financial statements to make decision that support the development of the company and produce a profit for both the investors and workers in order to achieve its objectives and actively participate in the company and society
01 Jan 2015
TL;DR: In this article, the authors examine the forms of the accounting records to elucidate their function and to consider their role within a broader system of financial control, and the role and effectiveness of the accounts as a constituent in a wider system of finance control is considered: their arithmetical accuracy, their place in a network of additional documentation; their audit and use; and the further controls such as segregation of duties and authorization.
Abstract: This chapter examines the forms of the accounting records to elucidate their function and to consider their role within a broader system of financial control. After a short review of the physical characteristics of the accounting material, the various forms of accounting record are considered starting with an analysis of their titles and a detailed survey of accounting reporting dates. The layout and contents of rental documents, status and compoti are reviewed, and developments are identified. Lastly the role and effectiveness of the accounts as a constituent in a wider system of financial control is considered: their arithmetical accuracy; their place in a network of additional documentation; their audit and use; and the further controls such as segregation of duties and authorization, which formed the broader context in which accounting operated.
01 Jan 2015
TL;DR: In this article, 160 set of questionnaires were distributed to the small businesses manager/owner in the state of Selangor to get their level of awareness and knowledge on budgeting.
Abstract: Budget is a quantified financial planning for a future accounting period. It concerns with the middle and long term plan for the year ahead. Budgets are a clear indication of what is expected to be achieved during the budget period. Budget preparation also motivating managers to strive in achieving the organizational goals, controlling activities and evaluating the performance of managers. Budget is not only useful to the well-established organization but actually it is important for small scale business. 160 set of questionnaires were distributed to the small businesses manager/owner in the state of Selangor to get their level of awareness and knowledge on budgeting. From the study, it was found that the awareness and knowledge level of small businesses owner on budget is in moderate pattern. Future studies could enhance to the awareness and knowledge level of the medium size organization on budget.