ANALYSIS OF FINANCIAL ASPECT AND NON-FINANCIAL ASPECT FACTORS THAT INFLUENCE THE SHU (SURPLUS) WITH WORKING CAPITAL AS A MODERATING VARIABLE IN KP-RI (EMPLOYEE COOPERATIVE OF THE REPUBLIC INDONESIA) OF SIMALUNGUN REGENCY

The objective of the research was to find out, analyze and empirically prove that Financial Aspects (Independent Capital, Loan Capital, Member Capital, Business Volume and Manager’s Performance) and Non-Financial Aspect (Number of Members) have some influence on SHU (Surplus) and Work Capital as the moderating variable in KP-RI (Employee Cooperative of the Republic of Indonesia) of Simalungun Regency. The population was 39 cooperatives in Simalungun Regency. the data were the financial data from the final statement of RAT (Annual Meeting) of KP-RI of Simalungun Regency from 2012 until 2015. Time series method was used as the research method. The samples were taken by employing census technique with documentation method. The research used multiple linear regression method and Moderated Regression Analysis were applied for the data testing. The results of the research showed that Financial Aspects (Independent Capital, Loan Capital, Member Capital, Business Volume and Manager’s Performance) and Non-Financial Aspect (Number of Members) were proven to partially and simultaneously influenced SHU if KP-RI of Simalungun Regency. Work Capital as the moderating variable was able to strengthen the correlation among financial aspects i.e. Loan Capital, Business Volume and Manager’s Performance with SHU. However, it was not able to strengthen the correlation among financial aspects i.e. Independent Capital and Member’s Loan, and Non-Financial Aspects i.e. number of members with the surplus of KP-RI of Simalungun Regency

Peranan Nilai Perusahaan dalam Memoderator Pengaruh Fundamental terhadap Kinerja Keuangan pada Perusahaan Sektor Aneka Industri

IHSG fluctuated from 2015 to 2019 due to the trade war between the U.S. and China resulting in the performance of various industrial sector indices declining. In addition, the factors that cause the decline also come from the company's fundamentals (CR, DAR and TATO) The purpose of this study is to review and analyze the role of the company's value in moderating the fundamental influence of the company on financial performance in multi-industry sector companies recorded in the IDX period 2015 - 2019. The type of research used in this research is quantitative research. The population of 50 issuers uses purposive sampling techniques so that the sample used as many as 19 issuers. Data analysis techniques used are descriptive statistical analysis, classical assumption test, hypothesis test and residual test. The results obtained are known simultaneously the fundamentals of the company (CR, DAR and TATO) have a significant effect. Partially CR and TATO have a positive and significant effect on ROA while DAR has a negative and significant impact on ROA which means that by indicating that the company is able to manage the company's working capital by utilizing the company's assets for operational activities it can improve the company's performance but on the contrary with a high level of debt it will decrease financial performance. While the company's value (PBV) has no role in the influence between the company's fundamentals on financial performanc

Strategi Pemeriksaan Pajak dalam Mendorong Peningkatan Tata Kelola Perusahaan di Bidang Akuntansi

This study aims to examine DGT's strategy, one of which is tax audits in encouraging the improvement of corporate governance in accounting, considering the output of accounting, namely the company's financial statements as the basis for WP Badan to calculate the amount of tax payable in implementing the Self Assessment System (SAS) in Indonesia. This research raises prospect theory as a reference for thinking in order to interpret the behavior of WP Badan in complying with national tax policies in terms of corporate governance in the preparation and presentation of fiscal financial statements as the basis for calculating taxes deposited to the State. The methodology used is a literature study through primary and secondary data with content analysis as a data analysis technique. Research findings show that concerns that WP Badan will be subject to administrative sanctions as well as criminal sanctions due to audits will encourage WP Badan to carry out procedures in making accounting books and presenting fiscal financial statements appropriately

DAMPAK QUICK RATIO DAN DEBT TO EQUITY RATIO TERHADAP PRICE EARNING RATIO PADA PT MERCK, TBK

Tujuan dari penelitian ini adalah untuk mengetahui gambaran Quick Ratio, Debt to Equity Ratio dan Price Earning Ratio serta pengaruh Quick Ratio dan Debt to Equity Ratio terhadap Price Earning Ratio secara simultan maupun parsial pada PT Merck, Tbk periode 2010 - 2017. Penelitian ini dilakukan dengan menggunakan metode analisis deskriptif kualitatif dan analisis deskriptif kuantitatif. Pengumpulan data dilakukan dengan metode dokumentasi. Teknik analisis data yang digunakan adalah uji asumsi klasik, analisis linear berganda, koefisien korelasi, koefisien determinasi dan uji hipotesis. Hasil penelitian ini menunjukkan bahwa Quick Ratio (QR) mengalami fluktuasi dan cenderung menurun sedangkan  Debt to Equity Ratio (DER) dan  Price Earning Ratio (PER) mengalami fluktuasi dan cenderung meningkat. Untuk hasil pengujian hipotesis dapat disimpulkan bahwa Quick Ratio dan Debt to Equity Ratio berpengaruh tidak signifikan terhadap Price Earning Ratio pada PT Merck Indonesia, Tbk periode 2010-2017 baik secara simultan maupun parsial.Kata kunci: Quick Ratio (QR), Debt to Equity Ratio (DER) dan Price Earning Ratio (PER

PERBANDINGAN FINANCIAL DISTRESS PADA PT LIPPO CIKARANG, Tbk DAN PT BUKIT DARMO PROPERTY, Tbk DENGAN MENGGUNAKAN METODE SPRINGATE

Tujuan dari penelitian ini adalah untuk mengetahui gambaran dan faktor yang menyebabkan perbedaan financial distress pada PT Lippo Cikarang, Tbk dan PT Bukit Darmo Property, Tbk dengan menggunakan metode Springate. Penelitian ini menggunakan data kualitatif dan kuantitatif. Teknik Pengumpulan data dilakukan dengan metode dokumentasi. Sumber data yang digunakan adalah data sekunder yang diperoleh dari situs resmi Bursa Efek Indonesia www.idx.co.id. Teknik analisis data yang digunakan adalah analisis deskriptif kualitatif dan analisis komparatif. Hasil penelitian ini menyimpulkan bahwa PT Lippo Cikarang, Tbk diindikasikan perusahaan tidak bangkrut (sehat) sedangkan PT Bukit Darmo Property, Tbk diindikasikan perusahaan sedang menghadapi ancaman kebangkrutan dan faktor modal kerja bersih yang bernilai negatif disebabkan oleh penurunan persediaan dan penjualan yang bersumber dari penjualan tanah industri, tanah komersial, rumah toko dan adanya peningkatan beban pokok penjualan disebabkan oleh perubahan variasi produk menyebabkan perbedaan financial distress perusahaan. Hasil penelitian ini menyarankan sebaiknya PT Lippo Cikarang, Tbk dan PT Bukit Darmo Property, Tbk meningkatkan pengelolaan aset untuk meningkatkan penjualan atau pendapatan dan meningkatkan laba yang merupakan indikator dalam mencari nilai Springate.Kata kunci: Financal Distress, Metode Springat

PROFITABILITAS SEBAGAI VARIABEL INTERVENING ATAS PENGARUH LIKUIDITAS TERHADAP HARGA SAHAM

Kelanjutan hidup perusahaan (going concern), laba (profit) dan pengembangan usaha (expansion) merupakan tiga tujuan utama perusahaan. Dalam mewujudkan tiga tujuan tersebut, perusahaan tentunya harus dapat meningkatkan performanya. Adapun maksud kajian yang ingin disampaikan dalam penelitian ini adalah untuk melihat seberapa besar pengaruhlikuiditas terhadap harga saham dan apakah profitabilitas mampu memediasi likuditas dengan harga saham. Teknik analisisi data dengan uji asumsi klasik, uji hipotesis, dan uji sobel. Adapun objek dalam penelitian ini adalah perusahaan pada Sub Sektor Semen yang Terdaftar di Bursa Efek Indonesia periode 2014 – 2018. Hasil penelitian menunjukkan bahwa current ratio berpengaruh terhadap harga saham. Return on asset tidak berpengaruh terhadap harga saham.Current ratio tidak berpengaruh terhadap harga saham pada Perusahaan Sub Sektor Semen yang Terdaftar di Bursa Efek Indonesia Periode 2014-2018. Hasil koefesien determinasi diketahui bahwa current ratio dapat mempengaruhi harga saham sebesar 17%. Current ratio dan return on asset dapat mempengaruhi harga saham sebesar 35,1% sedangkan sisanya dipengaruhi oleh faktor lain. Hasil analisis jalur diperoleh bahwa return on assettidak dapat memediasi hubungan antara current ratio danharga saham.Kata Kunci : CR, ROA, Harga Saham  The continuation of the company’s life (going concern), profit and business development (expansion) are the three key goals. To achieve the three key goals, the company must be able to improve their performance.The purpose of this research is to determine the influence of liquidity on stock price and whether profitability can mediate the influence of liquidity on stock price. Data analysis techniques with the classical assumption test, hipothesis test, and sobel test.The object of this research are Cement Companies that are listed on the Indonesia Stock Exchange for the period 2014-2018. The result of this research show that current ratio has positive influence on stock price. Return on asset has no effect on stock price. Current ratio has no effect on stock price on the Cement Companies listed on the indonesia Exchange 2014-2018. Determination result shows that current ratio can influence on stock price by 17%. Current ratio and return on asset can influence on stock price by 35,1% while remaining by other factors.The path analysis results show that return on asset is not able to mediate the relation of current ratio on stock price

Audit Delay : Influencing Factors (Case Study Of Large Trading Companies On The Indonesia Stock Exchange For The Period 2017 – 2021)

presenting relevant information. Obstacles in the accuracy of the submission of financial statements can certainly affect the market's response to the financial statements presented. This study aims to analyze the factors that affect audit delay, including company size, leverage and profitability. The implementation of the study was carried out on thirteen Large Trading Companies during the 2017-2021 period which totaled 65 data. The data analysis techniques used in this study are descriptive statistical analysis, classical assumption testing, multiple linear regression analysis, and hypothesis testing. The results showed that partially the company size has a significant effect on audit delay, leverage has a significant effect on audit delay, while profitability has no significant effect on audit delay

ANALISIS PERBANDINGAN FINANCIAL DISTRESS METODE ALTMAN DAN SPRINGATE SEBAGAI PERINGATAN DINI KESULITAN KEUANGAN

Tujuan penelitian untuk menganlisis perbandingan tingkat kesulitan keuangan pada PT Hero Supermarket, Tbk melalui metode Altman dan metode Springate. Dari hasil analisis diketahui kondisi keuangan dalam zona abu-abu berdasarkan metode Altman, sedangankan hasil dengan metode Springate perusahaan masuk dalam kategori berpotensi bangkrut. Dimana memakai Springate lebih menunjukkan tingkat akurasi dalam menilai kebangkrutan. Terjadinya financial distress dengan metode Altman disebabkan PT Hero Supermarket, Tbk tidak efisien dalam mengelola total aset yang ada untuk menghasilkan laba ditahan sehingga saldo laba ditahan perusahaan mengalami penurunan yang diakibatkan kerugian, sedangkan dengan metode Springate menunjukkan tidak mampunya perusahaan dalam memenuhi kewajiban jangka pendeknya melalui laba sebelum pajak. Hasil penelitian ini menyarankan untuk menghindari kerugian terus menerus sebaiknya PT Hero Supermarket, Tbk sebaiknya melakukan efisiensi biaya atau pengeluaran dan mengelola aset yang ada dengan maksimal agar dapat meningkatkan laba melalui penjualan The purpose of research is to in order to have a comparison of financial difficulties in PT Hero Supermarket, TBK through Altman method and Springate method. From the analysis results of known financial conditions in the gray zone based on the Altman method, while the results with the method of Springate companies entered in a potentially bankrupt category. Where to wear Springate more shows the level of accuracy in assessing bankruptcy. The occurrence of financial distress with the method of Altman because PT Hero Supermarket, TBK is not efficient in managing total existing assets to generate a retained profit so that the retained earnings of the company suffered a decline due to losses, whereas by the Springate method indicates the company's inability to fulfill its short term obligations through a profit before tax. The results of this research suggest to avoid the continuous loss of PT Hero Supermarket, Tbk, preferably cost efficiency or expense and manage existing assets to the fullest in order to increase profits through sale

PEMBAYARAN E-PAYMENT SERTA PENGARUHNYA TERHADAP KEPUTUSAN PEMBELIAN DI E-COMMERCE

Nowadays, e-payment is one of the most attractive payment models for consumers in making purchases, especially with purchases made through e-commerce. The purpose of this study was to look at the e-payment system on purchasing decisions through e-commerce. The results of data analysis show that the instruments of the research variables e-payment and purchasing decisions show valid and reliable results. The value for the coefficient of determination of the research results shows the ability of the e-payment variable to explain purchasing decisions is 61%, while the rest is a variable that is not discussed in this study. The results of the regression equation Y = 7, 498 + 0.748X, this shows a positive direction coefficient value of e-payment on purchasing decisions, and the hypothesis results show positive and significant results from e-payment on purchasing decisions in e-commerce. which means that the more people use the E-Payment method, the more likely consumers are to decide to make purchases in E-commerc