Relational Trend Analysis: A Simple and Effective Way to Detect Financial Statements Fraud

Enyi, Enyi Patrick

doi:10.2139/ssrn.3363088

Cited by 2 publications

(1 citation statement)

References 21 publications

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“…The essence of the analysis of financial statements from the user's position is to review and evaluate information in the financial statements to obtain reliable conclusions about the past state of an organization that aims to predict its function in the future [8]. The use of financial ratios is undoubtedly the oldest and still the most preferred tool for financial statement analysis as a mean of analyzing financial statements for consistency [9]. The ratio is the proportion or fraction or percentage that states the relationship between the two variables in the financial statements [10].…”

Section: Financial Reports and Financial Ratiosmentioning

confidence: 99%

The Impact of IFRS 16 (PSAK 73) Implementation on Key Financial Ratios: An Evidence from Indonesia

Susanti¹,

Ardana²,

Sufiyati³

et al. 2021

Advances in Economics, Business and Management Research

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IFRS 16 was issued to overcome the criticism of IAS 17, especially regarding the fact that many lease transactions on lessee are not included in the statement of financial position (off-balance-sheet), making it difficult for users to get an accurate view of the assets and liabilities of the leasing company, as well as being difficult to estimate the amount that is off-balance-sheet. After the adoption of this standard, companies with significant operating leases are likely to experience an increase in assets, an increase in liabilities, and a decrease in equity, which can significantly affect their financial ratios. This research objective was to determine the impact of the application of IFRS 16 (PSAK 73) on the financial statements and key financial ratios of an airline company in Indonesia. This research focused on the airline operator company, PT Garuda Indonesia Tbk, which utilizes a lot of lease financing in the procurement of their aircraft fleets. This research has a very appropriate momentum considering that 2020 is the beginning of the implementation of IFRS 16 (PSAK 73) for all public companies in Indonesia. This research used a case-study approach. The results show that the level of profitability (ROA), solvency, and efficiency in the use of assets experience a decline, but the liquidity ratio and profitability (ROE) increase.

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Section: Financial Reports and Financial Ratiosmentioning

confidence: 99%

The Impact of IFRS 16 (PSAK 73) Implementation on Key Financial Ratios: An Evidence from Indonesia

Susanti¹,

Ardana²,

Sufiyati³

et al. 2021

Advances in Economics, Business and Management Research

View full text Add to dashboard Cite

show abstract

Model Penerapan Akuntansi Sektor Publik Untuk Mencegah Fraud Pada Sektor Publik Di Era Digital

Kristiyani

Hamidah

2020

Jurnal Bisnis Dan Akuntansi

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This study aims to find and describe the characteristics of fraud that occur in the public sector in the digital era and develop models of application of Public Sector Accounting to prevent fraud that occurs in the public sector in the digital age. The research carried out is a literature review study sourced from articles in accordance with the research topic for further analysis. The results showed that the characteristics of fraud in the public sector that occurred in the digital era include the use of misconceptions regarding the role of digital technology in the implementation of public accounting tasks, the utilization of digital technology to optimize opportunities for fraud, exploiting problems in human error and lack of knowledge in the use of technology. digital, using digital technology products, to carry out fraud. Application of Public Sector Accounting can prevent fraud in the public sector in the digital era if implemented by considering several factors that influence fraud, such as performance accountability, and accompanied by the application of fraud prevention methods which include technical strategies, two paradigm approaches, and preventive strategies.

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Relational Trend Analysis: A Simple and Effective Way to Detect Financial Statements Fraud

Cited by 2 publications

References 21 publications

The Impact of IFRS 16 (PSAK 73) Implementation on Key Financial Ratios: An Evidence from Indonesia

The Impact of IFRS 16 (PSAK 73) Implementation on Key Financial Ratios: An Evidence from Indonesia

Model Penerapan Akuntansi Sektor Publik Untuk Mencegah Fraud Pada Sektor Publik Di Era Digital

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