Reporting of operating segments has become an important concern, therefore there is a PSAK 5 regulation which is continuously updated based on IFRS 8 to improve operating segment reporting. This study aims to examine the application of operating segment disclosure and its determinants in public companies in Indonesia.This research method is quantitative method. The operating segment in the financial statements of the LQ 45 Index’s Company in 2016 is analyzed by scoring to the items required by PSAK 5 Revised 2009 (Amandement 2015). The results showed that the majority cozmpany's compliance level of quantitative information is medium level of compliance,. Quantitative disclosure shows the most reported items are profit loss and total assets, meanwhile the least reported item is other non current assets and main customer information . Meanwhile, the most reported item of qualitative disclosure is the main products and services which generate revenues for the operating segments. This study shows that companies disclose more quantitative information than qualitative. In addition, the good corporate governance mechanism that determines the extent of disclosure of operating segments is institutional ownership and the board of directors. This research has implications for operating segment regulators to do better and contribute to the agency theory and signaling theory.
The business sector in RW 01 Kedungkandang Malang Village has started to show growth as economic conditions have recovered after the Covid-19 pandemic. MSMEs, however, neglect to document transactions and prepare financial reports because more focus on marketing their products. The aim of this community service is to raise awareness on the importance of accounting records and how to prepare basic financial reports. Program carried out in several stages ranging from socialization, counseling, training, mentoring to monitoring and evaluation. This training and mentoring have succeeded in increasing the understanding and capability of MSME actors to make financial transaction records and basic financial reports independently.
The Covid-19 virus has greatly impacted people's lives. It not only attacks human health but also other sectors, especially in the economic sector. The government has made various efforts to overcome the COVID-19 outbreak. One of them is the restriction of community activities in public to avoid crowds. It is done to slow down the rate of COVID-19 virus transmission. This policy has changed the social order and impacted various sectors. The learning process, worship, and the trading transaction is shifting from offline to online. The government continues trying to restore the community's economy, one of which is in the MSMEs sector, where it has an essential role in maintaining the national economic stability. Therefore, the government supports the recovery by issuing the Minister of Finance Regulation Number 82/PMK.03/2021, the regulation which regulates the amendment to PMK-9/PMK.03/2021 extends the period of providing incentives until December 2021. However, the tax incentives utilized by MSMEs have not reached the target. By using a questionnaire, the collected data were analyzed using multiple linear regression. It was found that knowledge and understanding, as well as the complexity of tax administration, positively affect the Utilization of tax incentives. Meanwhile, socialization does not affect the use of tax incentives. In fact, although the Directorate General of Taxation (DGT) has conducted socialization, the Utilization of tax incentives by MSMEs is far behind the target.
The article discusses implementing a point of sale (POS) system in a coffee shop business through a case study method and SWOT analysis. The study shows that the performance of a POS system can significantly improve the efficiency and financial management of the company. The POS system can help inventory management, predict customer demand, and avoid excess or shortage of merchandise stock. It can also speed up the customer payment process, improve customer experience, and generate accurate sales reports. The article concludes that implementing a POS system can be an effective solution for coffee shop businesses to optimize their operations and increase profitability, despite facing challenges and obstacles such as high implementation costs and staff training. Therefore, coffee shop businesses should consider implementing a POS system and ensure that it can be integrated with the existing systems of the business.
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