IMPACT OF IAS 19 ACTUARIAL CALCULATIONS’ ON FINANCIAL PERFORMANCE: EVIDENCE FROM PUBLIC ENTERPRISES IN FEDERATION OF BOSNIA AND HERZEGOVINA

International Accounting Standard 19 - Employee Benefits outlines the accounting requirements for employee benefits, including short-term benefits, post-employment benefits, other long-term benefits and termination benefits. The standard establishes the principle that the cost of providing employee benefits should be recognized in the period in which the benefit is earned by the employee, rather than when it is paid or payable, and outlines how each category of employee benefits is measured. Aim of the paper is to determine the degree of IAS 19 implementation in Federation of Bosnia and Herzegovina, and its impact on financial performance of public enterprises. Since no significant negative impact of the implementation of IAS 19 on the financial performance has been proven, it could be recommended that the observed entities consider all its advantages and thus realize the potential benefits for both, the company and the employees

Critical success factors in insurance companies

The topic of this research are critical success factors (CSFs) with a focus on factors that constitute the basis for the success of insurance companies. There are no critical success factors common to all enterprises, all areas and all activities. In insurance companies, key performance indicators primarily depend on the service quality and the level of customer satisfaction. In contemporary business conditions, the relevance of the service has been increasingly important. Therefore, the concept named 5P is suggested, standing for purpose, pride, partnership, protection and personalization, as these five factors define the requirements that must be met, if the insurer’s service is to be perceived to be of high-quality, achieve client satisfaction and build client loyalty. The paper presents a research into the perception of insurance service and factors of insurance quality in the Federation of Bosnia and Herzegovina (FBiH) . Research results correspond to the 5P concept and reveal the security factor as the most important factor for the insured. A fast and efficient payment of claims, the attitude of the salespeople toward the insured, described in terms of respectful and knowledgeable staff, as well as the clarity of promotion and the availability of insurance service also ranked high

Hitno prihvaćanje učenja na daljinu među studentima visokog obrazovanja tijekom pandemije COVID-19

The current study investigates how attitudes towards digital transformation and personal innovativeness affect the acceptance of emergency remote learning in the COVID-19 pandemic environment. The pandemic has affected all aspects of societies across the globe, including higher education that was also a significant push-up factor for the digital transformation of higher education. Thus, the main aim of this paper is to investigate the factors affecting emergency remote learning acceptance among the higher education students in Bosnia and Herzegovina (BiH). The results presented in this paper gained from a study carried out among higher education students in BiH cover the period of April – July 2020 via the open-source platform. The study focused on the students’ attitude towards a digital transformation is a significant factor in accepting emergency remote learning. Also, the personal innovativeness score has proven to be a crucial factor for adopting this new learning setting, i.e., more innovative students have a greater emergency remote learning acceptance than students with a lower personal innovativeness score. Hence, this study pinpoints the necessity of changing the attitudes towards technology applications in education. It would increase the usage of remote learning services and provide students with knowledge and skills for the new labour market.Trenutna studija istražuje kako stavovi prema digitalnoj transformaciji i osobnoj inovativnosti utječu na prihvaćanje hitnog učenja na daljinu u okruženju pandemije COVID-19. Pandemija je utjecala na sve aspekte društava diljem svijeta, uključujući visoko obrazovanje, a također je bila značajan poticajni čimbenik za digitalnu transformaciju visokog obrazovanja. Stoga je glavni cilj ovog rada istražiti čimbenike koji utječu na hitno prihvaćanje učenja na daljinu među studentima visokog obrazovanja u Bosni i Hercegovini (BiH). Rezultati prikazani u ovom radu izvedeni su iz istraživanja koje je provedeno među studentima visokog obrazovanja u BiH u razdoblju od travnja do srpnja 2020. godine putem otvorene web platforme. Studija je pokazala da je stav učenika prema digitalnoj transformaciji značajan čimbenik u prihvaćanju hitnog učenja na daljinu. Također, ocjena osobne inovativnosti pokazala se značajnim čimbenikom u prihvaćanju ove nove postavke učenja, tj. inovativniji učenici imaju veće prihvaćanje učenja na daljinu u hitnim slučajevima od učenika s nižim rezultatom osobne inovativnosti. Stoga ova studija ukazuje na potrebu promjene stavova prema korištenju tehnologije u obrazovanju. Time bi se povećala upotreba usluge učenja na daljinu te studentima pružila znanja i vještine za novo tržište rada

Risk factors selection with data mining methods for insurance premium ratemaking

Osiguravajuća društva koja su prva usvojila primjenu metoda rudarenja podataka u svom poslovanju postali su konkurentniji na tržištu osiguranja. Metode rudarenja podataka osiguravajućoj industriji pružaju brojne prednosti: kraće vrijeme obrade podataka, sofisticiranije metode za precizniju analizu podataka, bolje donošenje odluka itd. Osiguravajuća društva koriste metode rudarenja podataka u razne svrhe, od marketinških kampanja do sprečavanja prijevara, a među prvima je ta metoda bila u postupku određivanja premija osiguranja. Primjena metode rudarenja podataka u ovom radu ima za cilj poboljšati rezultate u procesu izračuna stope premije neživotnih osiguranja. Poboljšanje se ogleda u odabiru varijabli predviđanja ili faktora rizika koji utječu na stope premija osiguranja. Istražene su sljedeće metode rudarenja podataka za odabir varijabli predviđanja: Postepena regresija, Stabla odlučivanja i Neuronske mreže. Za izračun premijskih stopa korišteni su Generalizirani linearni modeli (GLM), koji su danas glavni statistički model određivanja premija neživotnih osiguranja u većini razvijenih tržišta osiguranja u svijetu.Insurance companies that have adopted the application of data mining methods in their business have become more competitive in the insurance market. Data mining methods provides the insurance industry with numerous advantages: shorter data processing times, more sophisticated methods for more accurate data analysis, better decision-making, etc. Insurance companies use data mining methods for various purposes, from marketing campaigns to fraud prevention. The process of insurance premium pricing was one of the first applications of data mining methods in insurance industry. The application of the data mining method in this paper aims to improve the results in the process of non-life insurance premium ratemaking. The improvement is reflected in the choice of predictors or risk factors that have an impact on insurance premium rates. The following data mining methods for the selection of prediction variables were investigated: Forward Stepwise, Decision trees and Neural networks. Generalized linear models (GLM) were used for premium ratemaking, as the main statistical model for non-life insurance premium pricing today in most developed insurance markets in the world

Oral health behavior and attitudes among students of health and non-health oriented studies

Introduction: Unhealthy behavior such as neglecting to brush and floss, using tobacco and alcohol, and inadequate nutrition can adversely affect dental health. The frequency of dental visits is also of great importance in the early detection of different oral disorders. Our aim was to assess oral health behavior and attitudes among students of the 1st year of  two health and non-health oriented studies of University of Sarajevo. Methods: We included 119 students of the 1st year of Faculty of Health Studies and 108 students of the 1st year of Faculty of Architecture of the University of Sarajevo. A self-administered questionnaire was used, comprising demographic data, data on oral hygiene habits, dental attendance pattern, a number of extracted teeth as well as problems with the appearance, comfort, and social life due to teeth problems. Results: Faculty of Architecture students significantly more often visit their dentist (χ2 = 24.174, df = 5, p = 0.00). Faculty of Health Studies students have significantly more extracted teeth (χ2 = 35.54, df = 4, p = 0.001). Dental health habits were significantly better at the students Faculty of Architecture (χ2 = 16.391, df = 2, p = 0.001). No significant difference between the groups about about avoiding encounters due to teeth and dentures problems. Conclusion: Oral health related attitudes may be better in students of non-health oriented studies, however, these results have to be confirmed by more investigations and larger studies

Association between alcohol consumption and dietary supplement intake of students from the University of Sarajevo

Introduction: Dietary supplements are an important source of vitamins and minerals that may help prevent several disease-causing biological pathways involved in one-carbon metabolism, including the suppression of cell proliferation, oxidative stress, nitric oxide synthesis, and angiogenesis. The present study aimed to assess the association between the intake of folate, Vitamin B6, Vitamin B12, and minerals and the consumption of alcohol among university students. Methods: This study was participated by students aged 19-22 years from the University of Sarajevo between 2017 and 2018. Using a questionnaire, we interviewed in a week them to collect information regarding age, socio-economic status, alcohol consumption, and dietary supplement intake. Then, we investigated the association between the baseline intake of folate, B vitamins, and minerals and that of alcohol consumption. Results: Most students consumed Vitamin B supplements (32%) and folic acid (10%). Dietary multivitamins and minerals were less prevalent in more than a year, accounting for 186 (23.9%) and 174 (24.3%) students, respectively, than those in less than a year. In a year, <20% of students consumed multivitamins 129 (16.6%) and minerals 116 (15.3%). Meanwhile, 256 (27.1%) students consumed alcohol. The Chi-square test of independence showed that drinking habits and the intake of such dietary supplements had no association (p > 0.05). Conclusion: An extremely low percentage of the participating students in Canton Sarajevo used dietary supplements of Vitamin B, folate, multivitamins, and minerals. Moreover, alcohol consumption and dietary supplement intake were not associated. Further research is needed to establish the best cost-effective public health system to achieve a sufficient intake of dietary supplements

Predicting recurrence of non-muscle-invasive bladder cancer after transurethral resection

Aim To determine clinical prognostic factors and their impact on the risk of recurrence of newly discovered non-muscle-invasive bladder cancer. Methods The study included 120 patients of both sexes aged 45-80 years with newly discovered non-muscle-invasive bladder cancer. All the patients were treated surgically by transurethral electro resection (TUER). The outcome of patients with and without recurrence was followed at intervals of three months after surgery, the total of two years. For monitoring the probability of early recurrence the criteria of the European Organization for Research and Treatment of Cancer (EORTC) were used. Results The average age of the patients was 65.9 years, 79 (79.2%) males and 21 (20.8%) females. The total of 67 (55.8%) patients had a recurrence during the period of monitoring. The average time to the first and fourth recurrence was 15.4 and 23.9 months, respectively. Numbers of tumors and a degree of invasion had a significant prognostic impact on the risk of recurrence. The EORTC score was a highly significant predictor of recurrence (OR=1.237; p<0.001). Conclusion Based on available clinical and pathological prognostic factors and by stratification of patients into three disease risk groups it is possible to predict the possibility of disease. Individual approach and recommendations for the treatment using EORTC risk tables should improve the quality of treatment

Changes in activated partial thromboplastin time and international normalised ratio after on-pump and off-pump surgical revascularization of the heart

Surgical revascularization of the heart (CABG - coronary artery bypass grafting) is one way of treating coronary heart disease. Bleeding is one of the serious and frequent complications of heart surgery and can result in increased mortality and morbidity. Hemostasis disorder may be secondary consequences of surgical bleeding, preoperative anticoagulant therapy, and the use of cardiopulmonary bypass. Tests used for routine evaluation of the coagulation system are activated partial thromboplastin time (APTT) and international normalized ratio (INR). The study encountered 60 patients who were hospitalized at the Clinic for Cardiovascular Diseases, University Clinical Center Tuzla. Patients underwent elective coronary artery bypass heart surgery either with cardiopulmonary bypass (on-pump CABG) or without it (off-pumpCABG). The aim of this study was to compare the changes in coagulation tests (APTT, INR) in patients who were operated on-pump and patients operated off-pump. Our study showed that the values of APTT and INR tend to increase immediately after surgery. Twenty-four hours after surgery these values are declining and they are approaching the preoperative values in all observed patients (p <0.05). Comparing APTT between the groups we found that postoperative APTT levels are significantly higher in the group of patients who underwent surgery with cardiopulmonary bypass (p <0.05). Changes in coagulation tests after surgical revascularization of the heart are more pronounced in patients who were operated with on-pump technique compared to patients operated off-pump technique

Brašno - Kruh '13

The "Flour-Bread '13“ Congress topics were the following: breeding and quality of cereal grains, grain storage and milling technology, analytical and rheological methods, baking technology, improvers and additives, starch and modified starch, extrusion and pasta production, biscuit and pastry products, nutritional quality of cereals, cereal food safety and cereal based functional foods