9 research outputs found
LAPORAN PRAKTIK KERJA LAPANGAN (PKL) PADA KANTOR AKUNTAN PUBLIK REXON NAINGGOLAN & REKAN (KAP RNR)
No full textLEMBAR EKSEKUTIF
nama : Mas Gilang Ramadhan
nomor registrasi : 8335152912
program studi : S1 Akuntansi
judul : Laporan Praktik Kerja Lapangan (PKL) KAP Rexon Nainggolan & Rekan (KAP RNR)
Praktikan melaksanakan Praktik Kerja Lapangan (PKL) selama 42 hari kerja pada Kantor Akuntan Publik Rexon Nainggolan & Rekan (KAP RNR), ditempatkan sebagai junior auditor. Sebelum melaksanakan tugas-tugas yang diberikan, praktikan selalu diberikan bimbingan terlebih dahulu oleh manager auditor mengenai tugas yang akan dikerjakan. Tugas-tugas yang diberikan ketika PKL, yaitu membuat surat konfirmasi, melakukan vouching akun beban, membuat draft laporan keuangan audit, membuat working paper, dan menghitung kalkulasi penyusutan fiskal. Setelah melaksanakan PKL di KAP RNR, praktikan banyak mendapatkan pengetahuan yang tidak didapatkan sebelumnya di bangku perkuliahan khususnya mengenai audit laporan keuangan.
Kata Kunci: KAP RNR, junior auditor, vouching, audit, working paper, manager auditor
Earnings Announcements And Factors Determining Abnormal Returns: A Study Of Market Efficiency In Indonesia Equity Market
No full textThe main issue in this study is how the market reacts to the information provided during the earnings announcement and relates it to the abnormal returns. The objective
is to examine whether the Indonesia equity market (IDX) operates semi-strong form of market efficiency during earnings announcements
Market reaction on earnings announcement information contents: Analysis from book-to-market
No full textPurpose: This study examines the market’s reaction to information content during earnings announcements from the viewpoint of changes in the book-to-market ratio.
Research methodology: This study used a quantitative approach and an event study methodology as the primary measurement. It applies a market model based on Indonesia’s equity market daily stock returns to analyze the cumulative average abnormal returns in firms with upward/downward book-to-market value changes.
Results: The findings reveal that stock prices in Indonesia's stock equity grew significantly above the firms' book values, indicating that investors pay more attention to expected future returns than the accounting value. This study also reveals that changes in book value may cause more significant changes in market value, following the direction of information content. The study found that the market is more sensitive to bad news than to good news and noted a significant relationship between book-to-market and post-earnings announcement abnormal returns.
Limitations: This study did not cover the long-term impact of the long-horizon test. A long-horizon test may provide evidence of market efficiency from the long-term perspective. Accordingly, this study suggests an issue for future research.
Contribution: This study contributes to the literature by suggesting that testing market efficiency from the view of changes in book-to-market provides robust grounds to explain the market reaction to good or bad news information content.
Novelty: Our findings show that Rp. One adjustment in book value in the Indonesian stock market corresponds to an average value of Rp. 16.43 adjustment in market value. This result implies that book value changes can lead to more significant changes in the market value
MEASUREMENT OF INTEREST RATE AND PERIOD USING LOGARITHM EQUATIONS: A STUDY OF TIME VALUE OF MONEY
No full textABSTRACT
The primary aim of this study is to illustrate how logarithmic calculation and equation can effectively replace traditional table usage and interpolation techniques in time value of money calculations. It proposes the application of algorithmic computation to calculate the interest rate and period when the future value and present value are known. It developed and formulated two primary equations utilizing an algorithmic approach as an alternative to the conventional reliance on financial tables and linear interpolation prevalent in the existing literature. The two methods are validated and substantiated upon reevaluating the fundamental time value of money calculation, yielding far more precise results than the traditional method. The measurement can also be utilized in the statistical realm to compute the compounded average yearly growth or growth period when other parameters are available.
ABSTRAK
Tujuan utama dari studi ini adalah untuk memberikan ilustrasi bagaimana perhitungan dan persamaan logaritma dapat secara efektif menggantikan penggunaan tabel tradisional dan teknik interpolasi dalam perhitungan nilai waktu uang. Studi ini mengusulkan penerapan perhitungan algoritma untuk menghitung suku bunga dan periode waktu ketika nilai masa depan dan nilai kini diketahui. Studi ini mengembangkan dan merumuskan dua rumus utama yang memanfaatkan pendekatan algoritma sebagai alternatif dari ketergantungan konvensional pada tabel keuangan dan interpolasi linier yang lazim dalam literatur yang tersedia. Kedua metode tersebut tervalidasi dan setelah mengevaluasi ulang perhitungan nilai waktu uang ke rumus dasarnya, menghasilkan hasil perhitungan yang lebih akurat daripada metode tradisional. Pengukuran tersebut juga dapat digunakan pada bidang statistik untuk menghitung pertumbuhan tahunan rata-rata atau periode pertumbuhan ketika parameter lain tersedia
Market Reaction on Earnings Announcement Information Contents: Analysis From Book-to-market
No full textPurpose: This study examines the market's reaction to information content during earnings announcements from the viewpoint of changes in the book-to-market ratio.
Research methodology: This study used a quantitative approach and an event study methodology as the primary measurement. It applies a market model based on Indonesia's equity market daily stock returns to analyze the cumulative average abnormal returns in firms with upward/downward book-to-market value changes.
Results: The findings reveal that stock prices in Indonesia's stock equity grew significantly above the firms' book values, indicating that investors pay more attention to expected future returns than the accounting value. This study also reveals that changes in book value may cause more significant changes in market value, following the direction of information content. The study found that the market is more sensitive to bad news than to good news and noted a significant relationship between book-to-market and post-earnings announcement abnormal returns.
Limitations: This study did not cover the long-term impact of the long-horizon test. A long-horizon test may provide evidence of market efficiency from the long-term perspective. Accordingly, this study suggests an issue for future research.
Contribution: This study contributes to the literature by suggesting that testing market efficiency from the view of changes in book-to-market provides robust grounds to explain the market reaction to good or bad news information content.
Novelty: Our findings show that Rp. One adjustment in book value in the Indonesian stock market corresponds to an average value of Rp. 16.43 adjustment in market value. This result implies that book value changes can lead to more significant changes in the market value
Pressurization System on Aircraft Boeing 737-300F, Aircraft MSN: 28567 During Flight Hanoi to Bangkok: Problem Solving and Root Cause Analysis
No full textThe aircraft, with type Boeing 737-300 freighter, Serial Number: 28567, Flight number: TMG-918, with a flight route from Hanoi International (HAN) to Bangkok International airport (BKK) on the date of 12 April 2021, with a take-off time of 22.00 UTC and landing time 22.25 UTC, is operated by PT XYX Airlines on a non-schedule flight. After taking off from Hanoi to Bangkok (HAN – BKK), with an altitude of nearly 10.000 ft flight level, the aircraft got a problem with the pressurization system in auto mode (auto system), and the cabin altitude indicator was shown 10.000 ft; cabin rate altitude indication at 2000 – 300 ft/minute (in normal rate 200 – 300 ft/minute). The pilot was unable to control the pressurization system in the auto system; in this condition, the Pilot followed the procedure for selecting the pressurization system from auto mode to manual mode, and after that, the cabin altitude indicator suddenly was shown fluctuated or became unstable. After the pressurization system operates in Manual mode and all conditions control by the flight crew, the captain makes the decision to aircraft return to base (RTB) flight back to Hanoi International airport (HAN) and land safely at 22.25 UTC. The author wants to analyse the root cause of the pressurization system problem by using several methods, as per 5 whys, fishbone diagrams, and fault tree analysis. Then the author compares the root cause results of each method to take corrective and preventive actions to solve the problems. All these cases were in Reference to SDR Report Control Number: 012/SDR-YGH/TMG/IV/2021. The report submitted by PT.Tri M.G. Intra Asia Airlines on 12 April 2021 and the Flight Log Manual (FML) Page No: 03232, dated 12 April 2021. The purpose of this research is to identify the problem and determine the root cause of the problem\u27s inability to control the pressurization system and make a plan for corrective action and preventive action; then, the team will implement the corrective action and preventive action. Quality Division will check and monitor the effectiveness of corrective and preventive action in three months. After that, the team & Quality Division create the procedure and policy for the company standard. The author and team used the methodology 5 why (cause and effect diagram), Fishbone diagram (Ishikawa Diagram), and Fault Tree Analysis (FTA), and from each method will be found the root cause analysis. Then the author combines all root cause analyses to identify the problem and create problem-solving. The main result of this research was that the company was able to determine and implement the corrective action and preventive action for the uncontrollable problem pressurization system. The problem of the pressurization system that cannot be controlled causes the aircraft to return to base or cancel a flight to be expected not to happen again in all aircraft operated by PT. XYX company in the future
PERLINDUNGAN HUKUM PIHAK KETIGA (PENYEWA) TERHADAP INVESTOR AKIBAT TIDAK MELEPASKAN HAK GUNA BANGUNAN PASCA PEMUTUSAN KONTRAK BAGI TEMPAT USAHA
No full textUncertainty of the status of the building rights after the termination of the contract for the place of business has an impact on third parties (tenants) who do not get certainty to who pays the lease obligations. Each party, both from the Tegal City Regional Government and the Investor claim as the right party. Even since the settlement of the peace agreement for the implementation of the Reinjection Decision Number 413/PK/Pdt/2008 (from the Investor's lawsuit against the Tegal City Government) after the termination of the contract for the place. The tenant gets uncertainty again when the Investor's lawsuit against the tenant after receiving the morning market compensation from the Tegal City Government, increasingly becomes unclear the status of the HGB for the stall occupied.This study uses a normative juridical approach to analyze court decisions andtermination of agreements and legal protection. The research specification is descriptiveanalytic and the analysis is based on secondary data. Termination of the contract for the place of business does not necessarily mean that the status of the HGB has also been transferred. This must bedone with the release of rights as regulated in Article 35 of Government Regulation Number 40 of 1996, Land Use Rights, Building Use Rights, and Land Use Rights, namely paragraph 1 (c) , in the case of the author who raised the status of the HGB above the HPL of Block B and C of the Tegal City Morning Market after the termination of the contract for the place of business is still on behalf of the Investor as the rights holder. Legal protection for third parties/tenants is the first repressive form of protection which is reflected in the objection ruling Decision Objection. Number 7/Pdt.G.S/2018/PN. The Tegal District Court's claim from an investor that was declared unacceptable refers to the implementation of a peace agreement between the Tegal City Government and the Investor.</span
Efficacy and Safety of Quantum Molecular Resonance Electrotherapy in Patients with Aqueous-Deficient, Evaporative and Mixed-Type Dry Eye : A Randomized Interventional Study
No full textPublisher Copyright: © 2023, The Author(s).Introduction: To evaluate the efficacy and safety of Quantum Molecular Resonance (QMR) treatment in patients with severe dry eye disease (DED), as well as its effects on aqueous-deficient (ADDE), evaporative (EDE), and mixed (MDE) dry eye. Methods: In this prospective, interventional study, 81 patients were randomly allocated to received four treatment sessions of QMR at 1-week intervals (Rexon-Eye®, Resono Ophthalmic, Trieste, Italy) (QRM group) or tear substitute four times daily, containing 0.15% sodium hyaluronate and 3% trehalose (Thealoz Duo®, Thea Pharma, France) (SH-TH group). Outcome measures included ocular surface disease index (OSDI) questionnaire, tear meniscus height (TMH), tear breakup time (TBUT), non-invasive breakup time (NIBUT), corneal fluorescein staining (CFS), lipid layer thickness (LLT), tear film osmolarity (OSM), and meibomian gland dysfunction (MGD) grade, which were assessed at baseline and 1-month and 3-month follow-up. Results: The QMR group achieved better improvements than the SH-TH group in OSDI and SANDE questionnaires, NIBUT, LLT, and CFS. The mean differences between the groups were as follows: OSDI (− 12.4 ± 0.25 points, P = 0.01), SANDE (10.6 ± 1.7 points, P = 0.01), NIBUT (2 ± 0.25 s, P = 0.01), LLT (18.7 ± 0.7 nm, P = 0.01), and CFS (1.2 ± 0.1 points, P = 0.02). In subgroups analysis, QMR treatment demonstrated a beneficial role to improve DED symptoms and signs in ADDE, EDE, and MDE. Conclusion: QMR is an effective and well-tolerated treatment that seems to improve DED symptoms and signs in patients with severe DED. However, further studies are needed to confirm this. Trial Registration: ClinicalTrials.gov identifier NCT06119386.Peer reviewe
