The Impact of Fair Value Measurements on Income Statement: IFRS 13 "an Application Study in Insurance Companies"

There has been a steady shift in accounting standards over the past few years, moving away from historical cost measure towards fair value. Proponents view this as a way to deal with traditional criticisms of accounting valuation while making information more relevant to users.This paper attempts to shed some light on this issue by restating some of the financial assets of an insurance company, applying fair value instead of historical-cost-based valuations, and comparing data emerged by using historical costs principle and fair value principle. We find that the numbers on the face of the income statement change considerably and observe that the magnitude of these changes varies between the two policies. However, these findings seem to indicate that a change from historical-cost to fair-value accounting could achieve different results. Keywords:  Fair value, Historical cost, comprehensive income

The Impact of Balanced Scorecard to Strengthen the Competitiveness of Industrial Companies

This research deals with balanced scorecard method as one of the management and evaluate strategic performance methods, their impact on achieving success in the competitive field of industrial companies, achieving competitive advantages through the company to outdo competitors' capabilities, coping with the growing dynamics of the competitive environments in which they operate, and ensuring the strengthening of the competitiveness of the company.The research problem can be formulated in the following question: Does the application of balanced scorecard method affect strengthening the competitiveness?".The researcher depends on an exploratory study by scanning the field for several companies in the engineering industries sector in Syria by using a questionnaire to determine the impact of balanced scorecard method in strengthening competitiveness. The most important findings of the resulting of the research: 1-There is a good positive and direct correlation between the balanced scorecard method and enhancing cost advantage. 2- There is a good positive and direct correlation between the balanced scorecard method and enhancing quality advantage. 3- There is a good positive and direct correlation between the balanced scorecard method and enhancing environmental advantage. Keywords: Balanced scorecard, Cost Advantage, Environmental Advantage, Competitive Advantage, Quality Advantage

Deformation behaviour of self-compacting concrete containing high volume palm oil fuel ash

Self-compacting concrete (SCC) is an advanced type of concrete that can be placed and compacted under its own mass without vibration. Although SCC can be proportioned with a wide range of constituent materials, the utilization of supplementary cementitious materials can significantly influence the cost and performance of SCC. One of the potential supplementary cementitious materials from palm oil industry is palm oil fuel ash (POFA). The objective of the research project was to evaluate the effects of high volume POFA on the deformation behaviour of SCC. This study outlines laboratory tests, which were conducted through replacing ordinary Portland cement (OPC) by 0%, 50% and 70% of POFA by weight, with water-binder ratio of 0.4. Target properties for SCC workability were studied as a function of the application and in terms of filling ability, passing ability, segregation resistance which include slump flow, J-ring, and V-funnel at T5minutes for fresh properties, and compressive strength, split tensile strength, flexural strength, modulus of elasticity, creep, and shrinkage tests for hardened concrete. Test specimens comprising of cube, cylinder and prism were prepared and tested at 7, 28, 56, and 90 days. Results obtained in this study reveal that high volume palm oil fuel ash used in self-compacting concrete exhibited satisfactory performance particularly at later ages

Gathering experience in trust-based interactions

As advances in mobile and embedded technologies coupled with progress in adhoc networking fuel the shift towards ubiquitous computing systems it is becoming increasingly clear that security is a major concern. While this is true of all computing paradigms, the characteristics of ubiquitous systems amplify this concern by promoting spontaneous interaction between diverse heterogeneous entities across administrative boundaries [5]. Entities cannot therefore rely on a specific control authority and will have no global view of the state of the system. To facilitate collaboration with unfamiliar counterparts therefore requires that an entity takes a proactive approach to self-protection. We conjecture that trust management is the best way to provide support for such self-protection measures

Influenced factors in the delignification process of red meranti wood sawdust

Lignocellulosic biomass are plants that include forestry residue and agricultural residues that are mainly composed of cellulose, hemicelluloses and lignin. Red Meranti wood sawdust (RMWS) are one of lignocellulosic biomass that rich-cellulose content. To obtain cellulose, the pretreatments are needed to extract it from outer layer of lignin and hemicellulose by using the acid-chlorite delignification procedure aided with design of experimental from Design Expert 7.1 software. Four factors were selected in design of experiment using two level with half fraction factorial analysis were came out with total of 8 runs. The factors contributed were ratio acetic acid (AC) to RMWS (0.45 and 0.6), ratio sodium chlorite to RMWS (0.6 and 1.64), reaction time (4hr and 6hr) and temperature (55°C and 75°C). The results obtained were showed that the design model was substantial resulting with a coefficient of determination value of 0.9963. Two factors that generated the highest to the process were ratio SC to RMWS (B) and temperature (D). The percentage error between the actual and predicted value for lignin removal at 0.79% and 4.92%, which found to be less than 5%, and thus, the model was successfully validated

Tingkat Bahaya Erosi (TBE) pada Hutan dan Lahan Kakao di Desa Sejahtera, Kecamatan Palolo, Kabupaten Sigi

Pada umumnya erosi merupakan faktor utama yang menyebabkan kerusakan tanah. Terjadinya erosi dipengaruhi oleh beberapa faktor antara lain erosivitas, erodibilitas, kemiringan dan panjang lereng, pengelolaan tanaman dan pengelolaan tanah. Penelitian ini dilaksanakan pada bulan Juni sampai dengan bulan Oktober 2012 dengan menggunakan metode survey secara langsung dilapangan dan dilanjutkan dengan pengambilan sampel bahan untuk analisis di Laboratorium. Kemudian hasil analisis tersebut diolah dengan menggunakan persamaan USLE (Universal Soil Loss Equation). Hasil analisis dari penelitian ini yaitu batas toleransi pada hutan 1 dan hutan 2 adalah 29,80 dan 30,60 ton/ha/thn, sedangkan lahan kakao berkisar antara 24,55-34,10 ton/ha/thn. Pada penelitian ini tingkat bahaya erosi hutan 1 dan hutan 2 tergolong rendah (R) yaitu 0,09 dan 0,08. Sedangkan tingkat bahaya erosi pada lahan kakao tertinggi terdapat pada lahan kakao 2c yaitu 18,68 dan tingkat bahaya erosi pada lahan kakao terendah terdapat pada lahan kakao 1b yaitu 3,70

Political connections: A threat to auditor independence?

Purpose: The purpose of this paper is to examine whether political connections further impair auditor independence by investigating the relationship between non-audit fees and audit fees and as to whether political connections moderate such relationship. Design/methodology/approach: This study employs panel regression analysis. The panel data set consists of 379 firm-year observations for three years from year 2001 to 2003. Findings: Based on 379 firm-year observations for the period of 2001-2003, grounded on two proxies of political connections namely politically connected firms and the proportion of Bumiputras directors, the authors find a positive and significant relationship between non-audit fees and audit fees, and the relationship becomes weaker, only for Bumiputra-dominated firms connected firms. Originality/value: This study contributes to the extant literature by examining the role of political connections in the context of auditor independence. In addition, this study is conducted in Malaysia, which provides a unique institutional environment with the existence of political connections that is built on ethnic grounds

Enhancing the efficacy of Burkholderia cepacia B23 with calcium chloride and chitosan to control anthracnose of papaya during storage

The efficacy of the combination of Burkholderia cepacia B23 with 0.75% chitosan and 3% calcium chloride (CaCl2) as a biocontrol treatment of anthracnose disease of papaya caused by Colletotrichum gloeosporioides, was evaluated during storage. The growth of B. cepacia B23 in papaya wounds and on fruit surfaces was not affected in presence of chitosan and CaCl2 or combination throughout the storage period. The combination of B. cepacia B23 with chitosan-CaCl2 was more effective in controlling the disease than either B. cepacia B23 or chitosan or other combination treatments both in inoculated and naturally infected fruits. Combining B. cepacia B23 with chitosan-CaCl2 gave the complete control of anthracnose infection in artificially inoculated fruits stored at 14 oC and 95% RH for 18 days, which was similar to that obtained with fungicide benocide¢ç. Moreover, this combination offered a greater control by reducing 99% disease severity in naturally infected fruits at the end of 14 days storage at 14 oC and 95% RH and six days post ripening at 28¡¾2oC, which was superior to that found with benocide¢ç or other treatments tested. Thus, postharvest application of B. cepacia B23 with chitosan-CaCl2 as enhancers represents a promising alternative to synthetic fungicides for the control of anthracnose in papaya during storage

Tinjauan Yuridis Konvensi Jenewa IV Tahun 1949 Terhadap Negara-negara Yang Berperang Menurut Hukum Internasional

Rafika Mayasari Siregar[1] Abdul Rahman[2] Arif[3] Wars arise because of the hostility between the two countries (narion, religion, ethnic group, and so on) and the great battle armed between two or more forces. Of the two countries were at war and in war and the armed conflict civilians always be a victim. Wars happens between the two countries were at war causing civilians suffered minor injuries, serious injuries, and even death. I lay out the problems that are how the protection of civilians during war according to the Geneva Convention IV of 1949, how the role of International Committee of the Red Cross to a a country at war under International Law and how a violation of Geneva Convention IV of 1949 by countries at war. Authors conducted a study in this thesis is Library Research, by collecting data sourced from literature. Sources contained in this literature study is books, journals, articles, dictionary, newspaper, electronic data, also primary data as well as conventions that are used as reading in this paper. Normative Legal research that examines the ways reading, analyzing, interpreting, comparing and also translated various sources that where these resources associated with this paper. Geneva Convention IV provides the protection of civilians in time of war. This convention composed entirely 159 chapters and three attachments. Several groups of civilians to be protected is foreigners in occupied or which are also referred to citizens in the territory of the enemy civil disputants, then people who live in the occupied territories which is also called the civilian population in the occupied territories and also civilian internees in which civilians may be interned protected. International Committee if the Red Cross have a role to countries at war by providing humanitarian aid. There are some violations of the provisions of articles contained in the Geneva Conventions IV of 1949 by countries at war. [1] Mahasiswa Fakultas Hukum Universitas Sumatera Utara [2] Dosen Fakultas Hukum Universitas Sumatera Utara [3] Dosen Fakultas Hukum Universitas Sumatera Utar