The Block Chain for Transformation of Financial Accounting Electric Algorithm

The intelligent era is also known as the fourth industrial revolution. One of the features of the intelligent era is that people use digital technologies such as artificial intelligence, block chain, 5G, cloud computing and mobile animal networking to carry out production, operation and management activities. At present, digital technology is an important factor in promoting social and economic development around the world. Representative digital technology gradually empowers the fields of financial accounting, management accounting, corporate financial management, audit and corporate governance. In this paper, we study and discuss the digital technology that a qualified accountant should possess in the intelligent era, which also provides a directional guidance for the training of intelligent accounting talents in the future.

Download Full-text

Research on Financial Accounting Supervision under Block-chain Technology

2018 4th International Conference on Economics, Management and Humanities Science (ECOMHS 2018) ◽

10.25236/ecomhs.2018.078 ◽

2018 ◽

Keyword(s):

Financial Accounting ◽

Block Chain

Download Full-text

Pengakuan Pendapatan dan Biaya dalam Kaitannya dengan Penentuan Laba Perusahaan Ekspedisi (Studi Kasus pada PT. EMKL Jelutung Subur)

Jurnal Ilmiah Binaniaga ◽

10.33062/jib.v6i1.218 ◽

2019 ◽

Vol 6 (1) ◽

pp. 1

Author(s):

Yuli Anwar

Keyword(s):

Accounting Standards ◽

Financial Accounting ◽

Recognition Method ◽

Important Thing ◽

Storage Service ◽

Long Time ◽

Accrual Basis

Revenue and cost recognitions is the most important thing to be done by an entity, time and the recognition method must be based on the rules from Financial Accounting Standards. Revenue and cost recognition which is done by PT. EMKL Jelutung Subur located on Pangkalpinang, Bangka Belitung province is done by using the accrual basis, and it can be seen with its influences to company profits every year. This research is useful to get a data and information for preparing this thesis and improving my knowledge and also for comparing between theories accepted against facts applied in the field. The result of this research shows that PT. EMKL Jelutung Subur has implemented one of the revenue and cost recognition method (accrual basis) continually, so that profit accuracy is accountable to be used for developing this kind of expedition business in order to become a better company. The accuracy is evaluated because all revenues received and cost spent have clear evidence and found in the period of time. The evaluation shows there is one thing that miss from revenue and cost recognition done by PT. EMKL Jelutung Subur, that is charge to the customers who use the storage service temporary, because some customers keep their goods for a long time in the warehouse, and it will increase the costs of loading, warehouse maintenance, damaged goods and decreasing a quantity of goods. If the storage service is charged to the customers, PT. EMKL Jelutung Subur will earn additional revenue to cover all the expenses above

Download Full-text

The Payment Characteristics of Block Chain Technology and Recommendation to Revision of Electronic Financial Transaction Act

Korea Financial Law Association ◽

10.15692/kjfl.15.3.4 ◽

2018 ◽

Vol 15 (3) ◽

pp. 101-134

Author(s):

Hongki Kim

Keyword(s):

Financial Transaction ◽

Block Chain

Download Full-text

Students’ Experience in Learning Accounting via Open and Distance Learning (ODL)

Insight Journal ◽

10.24191/ij.v7i1.60 ◽

2020 ◽

Vol 7 (1) ◽

pp. 29-40

Author(s):

Nur Syafiqah Hussin ◽

Naqiah Awang ◽

Farah Husna Mohd Fatzel

Keyword(s):

Distance Learning ◽

Traditional Classroom ◽

Financial Accounting ◽

Way Of Life ◽

Internet Connection ◽

New Material ◽

The Subject ◽

Open And Distance Learning ◽

Catch Up ◽

Almost All

Covid-19 is an unprecedented crisis that has affected almost all industry players including education. It has transformed our way of life and introduced a new normal to how things are done. As an effort to contain the outbreak of pandemic Covid-19, universities have shifted to online learning. In line with this, Universiti Teknologi MARA (UiTM) has decided to execute open and distance learning (ODL) for the current semester until 31 December 2020. ODL introduces a different learning environment as compared to the traditional classroom that requires students to be self-reliant in learning new things. Hence, the purpose of the study is to explore students’ experiences in the process of knowledge transfer through ODL specifically for accounting subjects. A questionnaire was distributed to students who were taking the subject of Introduction to Financial Accounting and Introduction to Cost Accounting in UiTM Pahang Kampus Raub and a total of 206 responses were received. The study found over half of the students enjoy learning through ODL but only one-third were looking forward to having ODL for the next semester. Poor internet connection is the main reason found in the study that makes ODL not preferred by the students. At the same time, few features were highlighted by the students about ODL such as the advantage of pre-recorded video to catch up the new material and flexibility for them to learn at their own pace.

Download Full-text