Journal articles: 'Small and Medium-sized Entities'

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Koppeschaar, Z. "International Financial Reporting standard for Small and Medium-sized entities." Southern African Journal of Entrepreneurship and Small Business Management 5, no. 1 (December 31, 2012): 54. http://dx.doi.org/10.4102/sajesbm.v5i1.27.

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The International Financial Reporting Standard for Small and Medium-sized entities (IFRS for SMEs) was published as a standard by the International Accounting Standards Board (IASB) during July 2009. During 2007 South Africa became one of the first countries and the first country in Africa to early accept the proposed accounting standard (exposure draft of an IFRS for SMEs). The accounting standard will probably also be accepted by numerous other countries. The aim of this article is to investigate the applicability of this accounting standard. The results indicated that the IFRS for SMEs remains too comprehensive for the majority of small companies. The IFRS for SMEs does not satisfy the needs of South African users of small company financial statements, and as a result the accounting requirements should be simplified.KEYWORDS: Financial accounting; Financial reporting requirements; IFRS for SMEs; Small companies; Users of financial statements; Small company financial statements.

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Đukić, Tadija, and Miloš Pavlović. "The Normative Basis Of Financial Reporting Of The Small And Medium-Sized Entities Of The Republic Of Serbia." Economic Themes 52, no. 4 (December 1, 2014): 461–79. http://dx.doi.org/10.1515/ethemes-2014-0028.

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AbstractSmall and medium-sized entities represent a special group of entities in the economy of a country in terms of organization and structure of financial reporting primarily for external users. The publication of the International Financial Reporting Standards for Small and Medium-sized Entities reveals that the International Financial Reporting Standards are not aligned with the capabilities of small and medium-sized entities, and that they are the basis of the second level of financial reporting. The main task and the goal of IFRS for the SMEs is to simplify the existing accounting regulations for this segment of the company. They have identified the specific needs of the financial reporting of small and medium-sized entities and specific information requirements of this part of the economy. Ease of application through a simpler option valuation and disclosure decreased, reducing the cost of preparing the report, as well as continuity, represent some of the advantages of the new standard.

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Hendrian, Hendrian, and Rini Dwiyani Hadiwidjaja. "Implementation of Accounting Standard on Small and Medium-Sized Entities (SMEs)." GATR Global Journal of Business Social Sciences Review 4, no. 4 (October 11, 2016): 68–78. http://dx.doi.org/10.35609/gjbssr.2016.4.4(8).

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Objective - Small- and medium-sized entities (SMEs) have an important role in economic growth. SMEs are a key source of employment and economic growth in Indonesia. Unfortunately, the growth of SMEs is not accompanied by the implementation of accounting and reporting, in accordance with applicable of Indonesian Accounting Standards for Non-Publicly-Accountable Entities (SAK-ETAP). SAK-ETAP is a self-contained of accounting standard for many transactions and events that a small or medium-sized entity or a private entity that is not publicly accountable may face. This research aims to analyse the implementation of Indonesian Accounting Standard for Non-Publicly-Accountable Entities on SMEs. Methodology/Technique - This research was conducted with the approach of surveys and field observations. The collection of data through surveys using questionnaires, direct observation and interviews according to respondents' experiences. Unit of analysis in this study is organizational or business unit. Its mean, that this study uses the organization as the subject to conclude the process of identification, implementation and evaluation Indonesian Accounting Standards for Non-Publicly-Accountable Entities or SMEs. Findings The results of this study showed that only a small percentage of SMEs that have used SAK-ETAP as a guide in the preparation of the accounting and financial statements. This contrasts with the important role of SMEs in GDP of almost 58%. For that is very necessary the role of related institutions in supporting the development of SMEs in Indonesia, particularly in the financial statements standard. The majority of SMEs just recording to identify the transaction and recording the amount of revenue. Primary problem faced was the lack of their knowledge of SAK-ETAP and the competence of accounting staff were less. Novelty This financial report is a major concern, as the financial statements providing financial information, financial performance, and cash flows of business units. If there are weaknesses in recording in the financial statements of SMEs it becomes a challenge for an institution that is competent to fix it. Socialization and guidance of SAK-ETAP are needed and more intensive to SMEs in Indonesia. Type of Paper Empirical Keywords Accounting Standard, small- and medium-entities (SMEs), SAK-ETAP, Indonesia.

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Szewieczek, Aleksandra, and Bartłomiej Lisicki. "Discriminatory models' adaptation in small and medium sized health care entities." Serbian Journal of Management 14, no. 2 (2019): 389–403. http://dx.doi.org/10.5937/sjm14-22902.

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Kwang-Yoon Kim. "A Historical Review of Accounting Standards for Small and Medium-sized Entities." Review of Business History 28, no. 4 (December 2013): 127–52. http://dx.doi.org/10.22629/kabh.2013.28.4.006.

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Pylnova, V., T. Kapeliushna, and O. Piscovets. "ORGANIZATION OF EXPORT OF GOODS BY SMALL AND MEDIUM-SIZED BUSINESS ENTITIES." Agrosvit, no. 24 (January 6, 2021): 29. http://dx.doi.org/10.32702/2306-6792.2020.24.29.

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Albu, Cătălin Nicolae, and Karol Marek Klimczak. "Editorial. Small and Medium-sized Entities Reporting in Central and Eastern Europe." Journal of Accounting and Management Information Systems 16, no. 2 (June 1, 2017): 221–28. http://dx.doi.org/10.24818/jamis.2017.02001.

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Fedorova, E. A., S. O. Musienko, and F. Yu Fedorov. "Prediction of bankruptcy of small and medium-sized business entities in Russia." Finance and Credit 24, no. 11 (November 29, 2018): 2537–52. http://dx.doi.org/10.24891/fc.24.11.2537.

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Min, Aleksey, Matthias Scherer, Amelie Schischke, and Rudi Zagst. "Modeling Recovery Rates of Small- and Medium-Sized Entities in the US." Mathematics 8, no. 11 (October 23, 2020): 1856. http://dx.doi.org/10.3390/math8111856.

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A sound statistical model for recovery rates is required for various applications in quantitative risk management, with the computation of capital requirements for loan portfolios as one important example. We compare different models for predicting the recovery rate on borrower level including linear and quantile regressions, decision trees, neural networks, and mixture regression models. We fit and apply these models on the worldwide largest loss and recovery data set for commercial loans provided by GCD, where we focus on small- and medium-sized entities in the US. Additionally, we include macroeconomic information via a predictive Crisis Indicator or Crisis Probability indicating whether economic downturn scenarios are expected within the time of resolution. The horserace is won by the mixture regression model which regresses the densities as well as the probabilities that an observation belongs to a certain component.

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Nguyen, Hung Xuan, and Thuy Xuan Ho. "Orientation of the development of vietnam financial reporting standards for small and medium - sized entities compatible with the international financial reporting standards for small and medium sized entities." Science and Technology Development Journal 18, no. 3 (August 30, 2015): 41–49. http://dx.doi.org/10.32508/stdj.v18i3.859.

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Differences in financial reporting systems for small and medium sized entities(SMEs)and large ones have caused plenty of controversies in the last few decades, especially after the introduction of the International Financial Reporting Standards for Small and Medium sized Entities (IFRS for SMEs) by International Accounting Standards Board (IASB). Bohusova & Blaskova [3]suggested that there existed a preference in many developing countries where the quality of financial reporting was normally considered sub-average for applying the IFRS for SMEs due to strong demand in international economic integration and higher quality financial reporting standards, to which Vietnam is also no exception. Therefore, further research of the IFRS for SMEs in Vietnam is highly desired. This paper shall present a review of concepts of SMEs and the IFRS for SMEs, followed by a comparison of some notable differences between the IFRS for SMEs and the current Vietnamese Accounting Standards (VAS) for SMEs. A summary of many worldwide, mainstream thoughts of the development of financial reporting standards for SMEs is also included. On that basis, prospective proposals for the development orientation of financial reporting standards for SMEs in Vietnam are suggested in order to help Vietnamese SMEs to meet the universal trend of convergence of international accounting.

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Ejsmont, Aneta, and Edward Szczepanik. "The Deliveries Chain and Value Added in Context of Coopetition Between the Service and Industrial Companies in Poland and UE." European Journal of Economics and Business Studies 6, no. 1 (December 1, 2016): 186. http://dx.doi.org/10.26417/ejes.v6i1.p186-199.

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In an activity of companies in Poland there is a problem in expansion of the small and medium- sized enterprises which can face difficulties with their development on both the domestic and international scene in relation to big economic entities. With reference to the above, as far as a financial situation of the researched companies or more precisely their expansion is concerned we should exert every effort to make connections between small and medium- sized enterprises of service character and big economic entities which produce material products. The aim of the article is to do the analysis in relation to selected enterprises from the SME’s sector which have their registered addresses in Poland and which cooperate with big companies and with the economic entities from other countries of the European Union in order to prove that the main principle is to increase expansion of the researched economic entities and that the cooperation between small and medium- sized firms and big holdings or concerns should be intensified especially when they refer to Poland and other countries of the European Union. Coopetition between the researched companies in that case should contribute to improvement in functioning of the deliveries chain and to increase in the Market Value Added (MVA) which is working out by both the small and medium- sized service enterprises and big industrial companies.

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Škobić, Tanja. "Accounting Regulation of Financial Reporting By Small and Medium-Sized Entities with No Public Accountability." Economic Themes 54, no. 3 (September 1, 2016): 425–47. http://dx.doi.org/10.1515/ethemes-2016-0021.

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Abstract The establishement of uniform rules and principles for the recognition and evaluation, requirements for presentation and disclosure of elements of the financial statements provides global comparability, harmonisation and high quality financial reporting. Taking into account the simpler requirements of small and mediumsized entities in relation to large entities, the International Accounting Standards Board (IASB) has created a financial reporting standard to meet the needs and capabilities of small and medium-sized entities with no public accountability, which, although the reduced volume and simplified requirements, does not diminish the quality or transparency of financial reporting. The author aims to point to the justification of the need to establish a standard for medium and small entities, analyzes its basic characteristics and examines the relations with full standards and EU regulations. Mandatory application of the standard for small and medium entities in the Republic of Serbia is justified, but other conditions are also required for its successful implementation, which are not provided due to the alternative use of national legislation that is incomplete and vague, and inconsistent with the standards, concludes the author.

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Cardová, Zdenka. "Small and Medium-Sized Entities - the definitions a specialities of accounting and reporting." Český finanční a účetní časopis 2006, no. 1 (March 1, 2006): 74–79. http://dx.doi.org/10.18267/j.cfuc.125.

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Maina, P. N., and H. C. Wingard. "Small and medium-sized entities in the agricultural sector: Fair value reporting challenges." Agrekon 52, no. 2 (June 2013): 52–74. http://dx.doi.org/10.1080/03031853.2013.798064.

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Dias, António, Lúcia Lima Rodrigues, Russell Craig, and Maria Elisabete Neves. "Corporate social responsibility disclosure in small and medium-sized entities and large companies." Social Responsibility Journal 15, no. 2 (April 1, 2019): 137–54. http://dx.doi.org/10.1108/srj-05-2017-0090.

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PurposeCorporate Social Responsibility (CSR) literature has focused mainly on larger firms. Only recently has discussion of the engagement of small and medium-sized enterprises (SMEs) in CSR emerged in research studies. Here we contribute to that growing discussion of CSR in SMEs by analyzing the disclosure practices of 57 Portuguese companies of different sizes (small, medium, large).Design/methodology/approachWe use stakeholder theory to identify the stakeholders that SMEs and large firms prioritize. By means of thematic content analysis and an index of disclosure (calculated according to company type and stakeholder type) we analyze whether business characteristics influence CSR disclose strategies.FindingsCompanies give priority to CSR activities that are directly related to maintaining business and achieving economic results. CSR disclosure practices of SMEs and large companies do not differ significantly. However, larger companies disclose more information on Environment and Society. Companies who are closer to consumers disclose more information on Customers, Community and Society. The act of assuring a CSR report drives system improvements and extended CSR disclosure.Research limitations/implicationsWe recognize that it is difficult to compare CSR in Small and large enterprises. For this reason, we have developed a methodology based on the most basic aspects of the CSRD, and therefore applicable without distinction to large and small companies.Practical implicationsA framework to evaluate the CSRD of SMEs was developed. We identify CSR indicators divided in five dimensions (customers, employees, environment, community and society) that are applicable to firms of all sizes.Originality/valueThis study extends knowledge of CSR by comparing the disclosure practices of SMEs and large (listed and un-listed) Portuguese companies. This study takes account of the particularities of SMEs and other fundamental business characteristics using a replicable assessment framework.

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Kiviko, I. V. "Tax Regulation of Small Businesses in the Crimea." Economics, taxes & law 11, no. 4 (November 6, 2018): 125–32. http://dx.doi.org/10.26794/1999-849x-2018-11-4-125-132.

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The subject of research is the role of small and medium-sized businesses in the economy of the Republic of Crimea. Since the economy of modern states cannot successfully develop without an optimal combination of the large, medium and small businesses The purpose of research was to analyze the results of using special tax regimes in the Republic of Crimea. The criteria for classifying small and medium-sized business entities as small and medium-sized enterprises in Russia and abroad are given. A comparative characteristic of small business taxation systems in the Republic of Crimea is analyzed; problems and trends in the development of small businesses as well as the foreign experience of tax regulation of small business activities are considered. Special tax regimes that are most popular among Crimean businessmen are shown. It is concluded that the establishment of a modern infrastructure for supporting small and medium-sized businesses should be continued along with the development of a system of providing consulting services, improving the training and upgrading the skills of modern entrepreneurs.

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Medvedeva, O. V. "KEY ASPECTS OF THE TAX PLANNING FOR SMALL AND MEDIUM ENTERPRISES." Scientific bulletin of the Southern Institute of Management 1, no. 3 (September 30, 2016): 45–49. http://dx.doi.org/10.31775/2305-3100-2016-3-45-49.

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Small and medium enterprises make a significant contribution to the Russian economy. However, the effective development of small and medium-sized sector of the economy prevents a number of problems, including a high level of tax burden of subjects of small and average business. One of the tools of financial management of these entities to reduce the tax burden without violating the tax law, is the system of tax planning. The article considers the key aspects of tax planning system in small and medium-sized enterprises and made recommendations aimed at its improvement.

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Ostrovskiy, Vladislav. "Managing the processes of international cooperation and integration of small and medium-sized businesses in the Stavropol territory for the implementation of export activities." KANT 35, no. 2 (June 2020): 40–44. http://dx.doi.org/10.24923/2222-243x.2020-35.7.

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The internationalization of business activities and economic growth in the global environment have recently been largely supported by small and medium-sized businesses. The purpose of this article is to study small and medium-sized enterprise activities related to international cooperation and integration. Analysis of management practice shows that small and medium-sized businesses are focused on independent production and promotion of products to foreign markets, and do not seek production cooperation and integrative cooperation with foreign partners. But the use of international cooperation and integration tools is one of the drivers of growth in foreign economic activity for small and medium-sized businesses, a trigger in international entrepreneurship. In this regard, the creation of institutional and financial conditions for the activation of exports, providing infrastructure and methodological support for foreign economic activities will contribute to the expansion of cooperation and integration ties between economic entities in the field of small and medium-sized businesses.

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Narolina, T. S., M. I. Samogorodskaya, I. A. Bejnar, and T. I. Smotrova. "MEASURES TO SUPPORT SMALL AND MEDIUM-SIZED ENTERPRISES IN RUSSIA DURING THE PANDEMIC." Region: systems, economy, management 2, no. 53 (2021): 125–37. http://dx.doi.org/10.22394/1997-4469-2021-53-2-125-137.

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Subject. Analysis of foreign and regional practice of supporting small and medium-sized businesses in the context of restrictions caused by the coronavirus pandemic, and the dynamics of the activity of small and medium-sized enterprises. Topic. Study the growth rates of small and medium-sized enterprises in several regions and assess the impact on them of the consequences of the pandemic. Purpose. Assessment of the activity of small and medium-sized enterprises during the period of introduction of restrictions caused by the pandemic and identification of the most popular practices for supporting entrepreneurship, the impact of government support measures on them. Methodology. Methods of statistical analysis of time series of dynamics of basic indicators. Methods of logical and comparative analysis of the support measures provided abroad and in the regions of Russia, including the Voronezh region. Results. Based on the analysis and assessment of the current situation, it was revealed that there is a downward trend among small and medium-sized businesses. This is due, among other things, to the consequences of the pandemic and the restrictions imposed in 2020. State support for small and medium-sized businesses included organizational and financial measures that could be taken advantage of by business entities from the affected industries, subject to certain conditions. Application area. The sphere of regulation of small and medium-sized businesses at the meso-level. Conclusions. The economic challenges that small and medium-sized businesses had to face dictated new business conditions. Government support has allowed many companies to stay on the market during a difficult period. Keywords: small business, small and medium-sized enterprises, entrepreneurship, government support, support measures, pandemic

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Smercinschi, Bogdan-Alexandru. "Accounting and Tax Regulations and Practices Specific to Small- and Medium-Sized Entities (I)." CECCAR Business Review 1, no. 9 (September 30, 2020): 33–42. http://dx.doi.org/10.37945/cbr.2020.09.04.

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Smercinschi, Bogdan-Alexandru. "Accounting and Tax Regulations and Practices Specific to Small- and Medium-Sized Entities (II)." CECCAR Business Review 1, no. 10 (October 31, 2020): 20–26. http://dx.doi.org/10.37945/cbr.2020.10.03.

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Tsagem, Muhammad Musa, Norhani Aripin, and Rokiah Ishak. "Analyzing the Determinants of Cash Holdings of Small and Medium-Sized Entities in Nigeria." Journal of Accounting and Finance in Emerging Economies 1, no. 1 (June 30, 2015): 31–40. http://dx.doi.org/10.26710/jafee.v1i1.62.

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Purpose: This paper aims to report the results of an empirical investigation on the determinants of the cash holdings for small and medium-sized entities. The paper considers the different explanatory factors of SMEs cash holdings for a sample of Nigerian SMEs. SMEs are springboard of the Nigerian economy contributing to gross domestic product, employment generation and industrialization. Methodology: the study employed panel data regression analysis using secondary data on a sample of 311 Nigerian SMEs for the period 2007 - 2013. Result: The finding which is robust of endogeneity shows statistically significant association between cash conversion cycle, account receivables period, return on assets and board size with SMEs cash holdings. Also found a significant relationship between cash holdings with firm size, leverage, growth opportunities and firm age. Implication: Thus, the result of the study indicates that Nigerian SMEs with shorter cash conversion cycle and low growth opportunities hold more cash. Similarly, SMEs with small board of directors accumulate large cash balance. Further, SMEs with higher profitability keep large cash balance. This study contributes to existing literature on the determinants of SMEs cash holdings more specifically in developing economies. However, this study is limited to non-financial and non-service SMEs. Future study should extend the investigation to financial and services firms. Similarly the structure of the paper and scope of further study may be extended to include the effects of more corporate governance mechanisms.

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Capodaglio, Gianfranco, Matteo Santi, and Ivanoe Tozzi. "The Introduction Of International Accounting Standards in the Italian Small and Medium Sized Entities." Economic Research-Ekonomska Istraživanja 24, no. 2 (January 2011): 126–36. http://dx.doi.org/10.1080/1331677x.2011.11517461.

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Aboagye‐Otchere, Francis, and Juliet Agbeibor. "The International Financial Reporting Standard for Small and Medium‐sized Entities (IFRS for SMES)." Journal of Financial Reporting and Accounting 10, no. 2 (October 19, 2012): 190–214. http://dx.doi.org/10.1108/19852511211273723.

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Di Pietra, Roberto, Lisa Evans, Jérôme Chevy, Maurizio Cisi, Brigitte Eierle, Robin Jarvis, and On Behalf Of The European Accountin. "Comment on the IASB's Exposure Draft ‘IFRS for Small and Medium-Sized Entities’1." Accounting in Europe 5, no. 1 (June 2008): 27–47. http://dx.doi.org/10.1080/17449480802049392.

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Иванов, Khristo Ivanov, Сибирская, YElyena Sibirskaya, Шеремет, and Natalya Sheremet. "Cluster analysis of small and middle business in the regions of Russia." Central Russian Journal of Social Sciences 11, no. 4 (August 29, 2016): 127–35. http://dx.doi.org/10.12737/21327.

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Cluster analysis in this study is a set of methods to classify multi-dimensional observation of the state of small-and medium-sized enterprises in the regions of Russia. The importance of this problem is connected with the fact that the use of standard tools of analysis (including standard econometric procedures) with the presence of clusters in the data leads to a shift as the point estimates (coefficients re-progression), and standard errors, and consequently, to incorrect inference. The grouping of regions in terms of development of small and medium-sized enterprises can serve as a basis for further government measures to modernize small and medium business and reducing regional disparities. Identifying typical levels of development of small and medium-sized businesses in Russian regions, highlighting the most similar to each other entities can be through the use of classification of groups according to the considered indicators of small and medium businesses.

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Rudyk, N. V. "Small and Medium Business amidst Economic Turbulence: Ukraine’s Experience." Business Inform 10, no. 513 (2020): 163–72. http://dx.doi.org/10.32983/2222-4459-2020-10-163-172.

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In Ukraine, the importance of small business for the economy and the need to stimulate it are being realized at the level of both the scientific community and public administration. The situation with the pandemic has complicated the conditions of functioning of small and medium-sized busines entities (hereinafter SMEs), but at the same time has justified the need to support it not only in the situation of collapse, but also as a matter of socio-economic stabilization and the prospect of reducing the unemployment rate. The status and conditions of SME functioning, its importance in various spheres of economic activity and in the labor market are researched. The emphasis is on modern trends in the functioning of SMEs, financial relations between the State and SME entities. A comparison of classification characteristics of SMEs was conducted in accordance with the Tax and Commercial Codes of Ukraine. The conditions of operation of small and medium-sized businesses on a simplified taxation system are compared. The latest legislative changes related to the stabilization policy of the State are taken into account. To identify the main trends of small business development, an analysis of the dynamics of the quantity, composition and structure of business in terms of its size, as well as the dynamics of the number of small enterprises and individual entrepreneurs by the largest groups in accordance with the classification of domestic economic activity in the country was carried out. The significance of SMEs in the employment structure is defined in the plane of enterprises and in terms of their size; the need to stimulate entrepreneurship in conditions of global instability is proved. A chronological analysis of the introduction of fiscal instruments for supporting the State in an emergency situation was carried out. In view of international experience, alternative quarantine preferences are considered as possible measures of the State support.

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Lasiyono, Untung, and Suhary Anto. "Use of Accounting Information System, Accounting Standards of Small and Medium Entitles in SmallL and Medium Micro Businessesin Mojokerto Regency, East Java Province." Journal of Economics and Technology Research 2, no. 3 (September 24, 2021): p1. http://dx.doi.org/10.22158/jetr.v2n3p1.

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This study is a qualitative study that analyzed Micro, Small and Medium Enterprises (MSMEs) in Mojokerto Regency, East Java Province in carrying out financial reporting through an accounting information system based on Financial Accounting Standards for Micro, Small and Medium-sized Entities (FAS EMKM). The research was conducted in the Mojokerto Regency, East Java Province where the research subjects were MSMEs actors, while the object studied was an accounting information system based on financial accounting standards for micro, small and medium entities in MSMEs. By using a triangulation approach in collecting data, namely interviews, observations and documentation, the data analysis carried out also refers to a triangulation approach, so that the data obtained are then analyzed and discussed with reference to theory and empirical. The results of data analysis show that MSMEs actors have not as a whole implemented an accounting information system. MSMEs actors only record simple transactions including sales, purchases, debts, receivables, profit or loss. Likewise, because the accounting information system has not been implemented, the financial accounting standards of micro, small and medium entities have not been implemented by MSMEs actors.

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Karp, M. V., A. V. Zakharova, M. V. Tipalina, and L. S. Samodelko. "Overview of indicators of information and digital resources of the Federal Tax Service that characterize the small businesses activities." Vestnik Universiteta, no. 6 (August 7, 2021): 112–20. http://dx.doi.org/10.26425/1816-4277-2021-6-112-120.

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Entrepreneurship is an integral part of the market economy. However, only recently it has been possible to analyse this cluster online. The purpose of the research paper is a qualitative analysis of indicators formed by the Federal Tax Service of Russia to characterize the activities of small and medium-sized businesses. The article presents the results of a review of the indicators of information and digital resources of the Federal Tax Service of Russia that characterize the activities of small businesses: the unified register of small and medium – sized businesses; the unified register of small and medium-sized businesses – recipients of support; the unified state register of taxpayers; the state information register of accounting (financial) reporting; the “Transparent Business” service. It is concluded that the information and statistical databases of the Federal Tax Service of Russia have a significant potential for partial formation of statistical reporting data of small and medium-sized businesses, and are also acceptable for economic and statistical analysis of the activities of both a specific entity and a group of entities.

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Wahyuni, Dini, Lukluk Fuadah, and Syamsurijal Kadir. "Influence of Access to Finance, Human Resource Competence, Information Systems on the Performance of Small and Medium-Sized Enterprises with Organizational Culture as Study Moderating Variable." Accounting and Finance, no. 3(89) (2020): 91–100. http://dx.doi.org/10.33146/2307-9878-2020-3(89)-91-100.

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The purpose of the study is to find out whether such variables as access to finance, human resource competence and information systems can improve the performance of small and medium-sized enterprises in Palembang (Indonesia). The authors use the foundations of the contingency theory and the theory of information systems (in particular, the Technology acceptance model (TAM)). To evaluate the impact of these three variables on the performance of small and medium-sized enterprises, the authors use organizational culture as a study moderator variable. The study is based on the use of descriptive statistics methods. The random sample of the study is 386 respondents. To process digital data, a computer program for statistical data processing, SPSS 20, was used. It was determined that access to finance has a decisive influence on the efficiency of performance of small and medium-sized enterprises. At the same time, organizational culture mitigates the impact of information systems and the human resource competence on the performance of small and medium-sized enterprises, which is also quite significant. The study results indicate an unsatisfactory level of relations between small and medium-sized enterprises, on the one hand, and the Office of Cooperatives, Small and Medium Enterprises in Trade and Industry of Palembang City, on the other. The authors believe that business entities should interact more actively with agencies that are responsible for the development of small and medium-sized enterprises. Through this interaction, small and medium-sized enterprises will be able to obtain more accurate information about their development potential and become the driving force behind the economic growth of Palembang City.

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MESHKOVA, D. A., and A. A. SENICHKINA. "ORGANIZATIONAL AND ECONOMIC MECHANISM OF STATE SUPPORT FOR SMALL AND MEDIUM-SIZED BUSINESSES AND ITS PROGRAM DESIGN IN A LARGE CITY OF FEDERAL SIGNIFICANCE." EKONOMIKA I UPRAVLENIE: PROBLEMY, RESHENIYA 1, no. 9 (2020): 88–97. http://dx.doi.org/10.36871/ek.up.pr2020.09.01.011.

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The article examines the organizational and economic mechanism of state support for small and medium-sized businesses in the constituent entity of the Russian Federation, the elements of which of an organizational and managerial nature and financial and economic significance are implemented by development institutions at the federal and regional levels. Analyzed the main financial and economic instruments and their effectiveness in the city of Moscow. The necessity of developing in the constituent entities of the Russian Federation an independent state program of support for small and medium-sized businesses in accordance with the national project "Small and medium-sized businesses and support for individual entrepreneurial initiative", its federal projects, as well as regional projects, which should take into account the specifics the economic structure of large cities of federal significance.

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Cheng, Jierong. "Small and Medium Sized Entities Management’s Perspective on Principles-Based Accounting Standards on Lease Accounting." Technology and Investment 06, no. 01 (2015): 71–76. http://dx.doi.org/10.4236/ti.2015.61007.

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Agyemang, Joseph Kwasi, Owusu Acheampong, and Wiafe Nti Akenten. "Fair Value Accounting: Implementation Challenges Facing Small and Medium-Sized Entities in the Agricultural Sector." International Journal of Accounting and Financial Reporting 8, no. 4 (October 11, 2018): 60. http://dx.doi.org/10.5296/ijafr.v8i4.13643.

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Nowadays, the relevance of fair value in financial reporting is gaining impetus and recent discussions are moving in the trend of full fair value reporting. Small and medium-sized entities are not ignored in this instance. The move to new reporting standards results in various challenges for different interest groups such as auditors, preparers and regulators. The main objective of the study was to establish the fair value implementation challenges facing SMEs in the agricultural sector with evidence from regulatory bodies in Ghana. The study established that there is lack of methodological relationship between existing local laws and IFRS and absence of involvement of regulatory bodies in financial reporting standards setting. In light of these challenges, the study recommends involvement of regulatory bodies in standard setting and consideration should also be given to local laws when setting international standards.

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Procházková, Lenka, and Lea Kubíčková. "The internationalization of SMEs operating in the engineering industry." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 60, no. 2 (2012): 279–84. http://dx.doi.org/10.11118/actaun201260020279.

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The importance of small and medium enterprises (SMEs) in the national economies of EU countries has been always growing. For these reasons, the increasing attention is paid to small and medium-sized enterprises also in the Czech economy. The paper is focused on the globalization of small and medium enterprises, in particular, identifying the key success factors of small and medium-sized businesses that operate in the engineering industry. For the purpose of fulfilling the objective of the article, the level of success of SMEs in foreign markets is established with the aggregate indicator of success. Subsequently the results of the primary research among the Czech engineering companies are presented, based on this research the factors affecting the success of these entities of engineering industry in foreign markets are defined.

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Grigor'eva, L. M. "Modern industrial architecture of small and medium business entities in the Southern Federal District." Vestnik Tomskogo gosudarstvennogo arkhitekturno-stroitel'nogo universiteta. JOURNAL of Construction and Architecture 22, no. 3 (June 29, 2020): 37–48. http://dx.doi.org/10.31675/1607-1859-2020-22-3-37-48.

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The paper identifies the current, previously unexplored problems of industrial architecture of small and medium business entities on the territory of the Southern Federal District. The purpose of this work is to detect an optimal solution, taking into account the specific economic conditions of the country. The paper presents the research results of small and medium-sized enterprises in the Southern Federal District. The current problems and factors which define the architecture of these enterprises are described herein. It is shown that the general economic dynamics changes the significance of these factors and, as a consequence, the nature of design solutions.

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Laing, Gregory Kenneth, and Kenneth Thomas Laing. "The Relevance of International Financial Reporting Standards for Small and Medium-sized Entities: An Australian Case Study." International Journal of Accounting and Financial Reporting 2, no. 1 (February 28, 2012): 75. http://dx.doi.org/10.5296/ijafr.v2i1.1276.

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The purpose of this paper is to examine the relevance of imposing a set of accounting standards on Small and Medium-sized entities. This paper involves a multiple case study approach based on an examination from personnel experiences of owning and operating Small and Medium-sized Entities in Australia over a period of 50 years. The key finding from the case studies is that SME’s are strongly influenced by the prevailing taxation regulations rather than any form of accounting standard requirements. The cost of meeting the financial reporting requirements is a burden that SME’s are ill prepared to bear and such costs are not justified by any claim to being useful for the owners or other possible stakeholders. Further, the issues of comparability and consistency have yet to be shown as providing a benefit to any stakeholder.This paper provides an opportunity for greater debate and research into the financial reporting requirements for SME’s.

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Chernova, Olga, and Irina Davydenko. "Assessment of the Efficiency of Implementing the Regional Program of Preferential Lending to Small and Medium-Sized Businesses (Based on Rostov Region)." Regionalnaya ekonomika. Yug Rossii, no. 1 (May 2020): 202–11. http://dx.doi.org/10.15688/re.volsu.2020.1.18.

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Financial factors are crucial for the development of small and medium-sized businesses. The article dwells on the issue of the effectiveness of regional financial support for small and medium-sized businesses implemented in the form of preferential lending, and it also discusses “failures” that generate problems in the implementation of this support. The research object is Rostov region. The authors prove that it is difficult for small and medium-sized businesses to obtain a loan on normal terms due to instability of financial flows. As a result of the analysis, the authors reveal that the volume of lending to small businesses in Rostov region is steadily declining. The decrease in demand for loans from small businesses is connected with high interest rates on bank loans. The article emphasizes that concessional lending can solve the problem through the encouragement of business development in priority areas for the region. The correlation analysis is carried out on the basis of comparing the main indicators of the regional subprogram “Development of small and medium-sized businesses in Rostov region” and indicators of social and economic development of the region. According to the results of the analysis, there is an increase in the number of economic entities in the section of small and medium-sized businesses due to unemployment reduction in the region. However, this quantitative dependence in Rostov region is functionally unstable and probabilistic. At the same time, inefficient organizational and methodological activities of the state in supporting small and medium-sized enterprises have lead to the emergence of “failures” that generate the problem not of the lack of financial resources but of their low demand.

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Procházková, Lenka, and Jan Hubený. "Czech small and medium-sized enterprises and the success in foreign markets." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 59, no. 7 (2011): 301–6. http://dx.doi.org/10.11118/actaun201159070301.

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The importance of small and medium-sized enterprises (SMEs) in national economies has been growing. For these reasons, SME’s are paid more attention. The paper deals with the success of Czech SME’s activities in the foreign markets. These enterprises exploited the opportunity of extensive European Union market without internal borders and extended its activities to foreign markets. The objective of this paper is to determine characteristics related to activities carried on by small and medium-sized Czech companies in the foreign markets and then to describe those that fundamentally affect the success of these entities in the foreign markets. The characteristics are divided into five groups (a group of characteristics relating to the company, product, management, international experience and a group of characteristics relating to the target market). The enterprises’ success in foreign markets is assessed by aggregate indicator of success. This indicator is monitored by multi-dimensional indicators of corporate success and evaluation of both objective and subjective. At the last part of the article due to analysis of relationship used, there are identified characteristics affecting the success of Czech small and medium-sized enterprises in foreign markets.

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Sołek-Borowska, Celina. "The use and benefits of information communication technology by Polish small and medium sized enterprises." Online Journal of Applied Knowledge Management 6, no. 1 (October 22, 2018): 211–25. http://dx.doi.org/10.36965/ojakm.2018.6(1)211-225.

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Despite the significant contribution that information communication technology (ICT) has made to business, prior studies indicated that there is a large number of unsuccessful ICT implementations in small and medium sized enterprises (SMEs). Moreover, literature also indicated that SMEs’ utilization of ICT tools is reported to be low worldwide, while that is also the case with Polish SMEs. This paper was aim to identify the ICT tools used by Polish SMEs, the areas in which they are used, and the benefits companies perceive from such use. Findings of this research study with 153 Polish SMEs suggest that the most popular ICT tool is email, used by 88% of surveyed entities. Emails contain knowledge and information that is not codified in any knowledge repository. The main area of enterprise where employees use new technologies is marketing, as confirmed by 44% of the surveyed entities. About 59% of the companies surveyed recognize that the use of new technologies brings benefits, which translate into an increase in the company's profits. To stimulate the development of SMEs Polish companies, this study found that it is important to support the development of modern ICT tools for economic growth.

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Nesterova, Svitlana, Veronika Kopcha, and Halyna Myhalchinets. "State support for small and medium-sized businesses in modern conditions." University Economic Bulletin, no. 46 (September 1, 2020): 127–32. http://dx.doi.org/10.31470/2306-546x-2020-46-127-132.

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The subject of the research. The study focuses on the theoretical and practical aspects of the problems facing State support for small and medium-sized enterprises in Ukraine. The purpose of the article is to identify the main destructive factors in the development of medium and small enterprises and to identify ways to overcome them. The methodological basis of the article is general scientific and special methods of scientific knowledge, such as dialectical method, analysis, grouping of data, problem-oriented approach. Results of work. The article discusses the special role of medium- and small-scale enterprises in generating GDP, creating jobs and improving the demographic situation. It is noted that a significant proportion of enterprises either operate in the shadow sector or do not take measures to improve profitability. It has been hypothesized that an important reason for this state of affairs is imperfect state support for small and medium-sized enterprises. First of all, there is a heavy tax burden, low wages in the sector, unstable legislation. The worldwide coronavirus pandemic has also been noted as an additional challenge, with most small and medium-sized businesses on the verge of survival through quarantine activities. The field of application of results. The materials, results and conclusions of the article may be used in the activities of various public organizations and local self-government bodies as an analytical basis for appeals about the need for State support for small and medium-sized enterprises, Training of specialists in secondary and higher education. Conclusions. Small and medium-sized businesses are the driving force behind the economy. It provides a large share of GDP, promotes the development of the middle class and has a positive impact on demographic indicators. The opportunity and ability of small and medium-sized enterprises to develop, even under difficult political and economic conditions, proves that it is these entities that support the economy in difficult times. Creating an enabling environment for doing business and developing small and medium-sized enterprises should therefore be a priority for the Government. To this end, support programs must be put in place: infotrmation, financial security and social support. Active and targeted support for the development of small and medium-sized enterprises contributes to the growth of GDP and the creation of new jobs.

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Kaufhold, Gerrit. "Compatibility of the IFRS for Small and Medium-sized Entities and the new EU-Accounting Directive." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 63, no. 6 (2015): 1945–51. http://dx.doi.org/10.11118/201563061945.

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Obradović, Vladimir. "The international financial reporting standard for small and medium-sized entities in the Republic of Serbia." Ekonomski horizonti 20, no. 3 (2018): 229–42. http://dx.doi.org/10.5937/ekonhor1803229o.

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Kim, Jeong Ho, and Chae Chang Im. "The Study On The Effect And Determinants Of Small - And Medium-Sized Entities Conducting Tax Avoidance." Journal of Applied Business Research (JABR) 33, no. 2 (March 1, 2017): 375–90. http://dx.doi.org/10.19030/jabr.v33i2.9911.

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SME often lack the capacity to keep transparency in management due to a small number of information users. Thus, the adoption of K-IFRS can be burdensome to numerous SME, which led to the enactment of Accounting Standards for Small- and Medium-sized Entities (AS-SME). AS-SME allows the accountants to easily implement accounting rules when writing financial statements and the users to comprehend useful information. SME hold less tax burden since they receive a tax deduction and exemption from the Tax Act. Thus, we conjecture that the financial determinants of tax avoidance between SME and non-SME will differ. We divide the total sample according to the corporate tax avoidance and empirically examine whether the difference actually exists. Our sample consists 18,954 audited firms including those external audited from 2011 to 2013. This study implements BTD, the difference between accounting profit and taxable income and estimated corporate tax avoidance (TS), which is the part that cannot be explained by total accruals in BTD to proxy for tax avoidance. (Desai and Dharmapala 2006). We summarize our findings as below: there is a significant distinction between SME and non-SME regarding the related financial determinants. The result shows that firm size (SIZE), profitability (ROA), leverage (LEV), operating cash flow(CFO), capital intensity (PPE), R&D intensity (RNDS), and growth rate (GS) all influence the corporate tax avoidance of SME. Our result also suggests that there is variation in the determinants among the SME with high corporate tax avoidance. The attempt to investigate the financial determinants of the tax avoidance in SME can be a barometer of the effectiveness of AS-SME, which is enacted to lessen the tax burden of the SME. We intend to provide policy implication regarding SME subsidy by examining the motive for corporate tax avoidance in SME.

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Kaufhold, Gerrit. "Compatibility of the IFRS for Small and Medium-sized Entities and the new EU-Accounting Directive." Acta Universitatis Agriculturae et Silviculturae Mendelianae Brunensis 63, no. 6 (2015): 1945–51. http://dx.doi.org/10.11118/actaun201563061945.

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The new EU-Accounting Directive of 26 June 2013 (DIRECTIVE 2013/34/EU) has the intention to harmonize the accounting and financial reporting of enterprises in the European Union. “Think small first” is the central principle in the new EU-Accounting Directive and the new regulations have to be adopted in the laws of European member states by 20 July 2015. The International Financial Reporting Standard for Small and Medium-sized Entities (IFRS for SMEs) was published in 2009 by the International Accounting Standards Board (IASB). The IASB intended to create simplified international financial reporting standards for the special needs of smaller and medium-sized enterprise. The IASB completed in May 2015 a comprehensive review of the IFRS for SMEs and made amendments to the Standard. The revised version of the IFRS for SMEs will be issued in the last quarter of 2015. The aim of the paper is to analyze the compatibility of the IFRS for SMEs and the new EU- Accounting Directive and the problems in connection with the harmonization of the European accounting legislation especially in Germany. Based on the results of the research most of the former incompatibilities could be removed, but the remaining complexity of the IFRS for SMEs and the lack of an option for the member states to adopt the IFRS for SMEs as an accounting and reporting standard besides or instead their local accounting principles will prevent the wide use of the IFRS for SMEs in Germany and in other member states of the European Union.

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Urbaníková, Marta, Michaela Štubňová, Viera Papcunová, and Jarmila Hudáková. "Analysis of Innovation Activities of Slovak Small and Medium-Sized Family Businesses." Administrative Sciences 10, no. 4 (October 14, 2020): 80. http://dx.doi.org/10.3390/admsci10040080.

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Family businesses began to emerge in Slovakia after the change of social establishment in 1989, and since then they represent a significant group of business entities with a significant contribution to the economy, and have significant growth potential. Innovations have become a driving force for the future opportunities of these companies. Based on empirical research, this paper aims to identify the innovation activities of small and medium-sized family businesses in Slovakia and to determine their impact on the company’s economic results. We can state that out of small and medium-sized family businesses included in the survey, 76.5% have implemented innovations in the last five years. We use statistical tests to verify the research hypotheses. We can state that there is a statistically significant relationship between the size of the company and the number of types of introduced innovations, as well as between the generation running the company and the number of types of introduced innovations. Second-generation family businesses can, therefore, be considered more innovative than first-generation family businesses. We investigate the impact of the COVID-19 coronavirus pandemic on innovation activities in these companies. It is interesting that in 30.6% of family businesses the COVID-19 coronavirus pandemic positively affected their innovation activities.

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Malikova, Olga. "Features of changes in the ecological situation in the Russian Federation and mechanisms for supporting the development of small towns." Scientific Research of Faculty of Economics. Electronic Journal 9, no. 1 (March 28, 2017): 49–64. http://dx.doi.org/10.38050/2078-3809-2017-9-1-49-64.

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The formation of large urban agglomerations makes possible to ensure more rational use of productive resources and increase labor productivity. Large cities, as a rule, have developed infrastructure and educational sector. However, there is a difficult ecological situation in many large cities. With a large scale of the city, transport accessibility is seriously complicated. From the viewpoint of favorable habitat, good ecological conditions, small and medium-sized cities often benefit from urban agglomerations. In the Russian Federation, due to the dominance of raw materials industries and the underdevelopment of local industry, small and medium-sized cities are in decline. This predetermines the need to develop special measures to support such territorial entities. The study is based on the generalization of data on the change in the ecological situation in large cities and the impact of atmospheric air pollution on the quality of life of the population. In the framework of the study, the conclusion was substantiated about the expediency of carrying out special measures aimed at improving the ecological situation in large cities and developing measures to support small and medium-sized cities. The recommendations for stimulating the development of production in small and medium-sized cities are grounded. The results of the study can find applications in the practice of regional management.

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M. Ajekwe, Clement C., and Adzor Ibiamke. "Financial Reporting for Small and Medium-Sized Enterprises (SMES) In Nigeria: A Review of Literature." International Business & Economics Studies 2, no. 2 (March 11, 2020): p11. http://dx.doi.org/10.22158/ibes.v2n2p11.

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This paper reviews literature of financial reporting by small and Medium-Sized Enterprises (SMEs) with particular reference to Nigeria. The study justifies the use of International Financial Reporting Standards (IFRS) by Nigerian enterprises. Thereafter, the paper recognises the economic importance of SMEs both globally and in Nigeria. Justification for differential reporting between listed entities and unlisted SMEs was articulated. The paper notes the advantages and challenges related to adopting IFRS for SMEs globally and in Nigeria. It is recommended that further research be undertaken to access empirically the impact and consequences of adopting IFRS for SMEs by unlisted enterprises in Nigeria

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Tazhibayeva, R. "Public support for agricultural sector of Kazakhstan." Problems of AgriMarket, no. 1 (March 15, 2021): 44–49. http://dx.doi.org/10.46666/2021-1-2708-9991.05.

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The study reflects the importance of small and medium-sized businesses in creating new jobs, introducing and commercializing radical innovations. It is noted that with effective public support, this category of entrepreneurs is able to achieve significant results both in the short and long term, and will provide access to new markets. The article shows the created favorable conditions for the development of agricultural entrepreneurship, testifying high positions of Kazakhstan, the important role of six public support programs, contributing to significant improvement of situation of business entities, contribution of domestic small and medium-sized enterprises to GDP. The low employment in this area is emphasizes, differences by industry, taking into account that some features of institutional and regulatory framework create disproportionate conditions for SMEs. Trade and investment barriers prevent it from fully entering domestic and global trading platforms. In OECD countries, small and medium-sized businesses make up the majority of business sector. The authors testify that in the future new approaches to the effective development of entrepreneurial activity will be developed; benchmark for expanding the scope of small and medium-sized entrepreneurs is provided in the Strategic Plan of Kazakhstan until 2025. In modern conditions, the mechanism for ensuring their effective functioning should be based on strengthening of government support, providing lending funds, and a wide range of other financial products to ensure a favorable macroeconomic situation in the State.

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Denysenko, Mykola P. "INSIGHTS INTO THE SPECIFICS OF BENCHMARKING TOOLS APPLICATION BY SMALL AND MEDIUM-SIZED BUSINESSES." Bulletin of the Kyiv National University of Technologies and Design. Series: Economic sciences 143, no. 1 (July 14, 2020): 52–58. http://dx.doi.org/10.30857/2413-0117.2020.1.5.

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This article seeks to explore the specifics of benchmarking tools application to enhance the performance of small and medium-sized enterprises. The study offers insights into the nature of benchmarking in the context of its application specifics for small and medium businesses. Based on consolidation of theoretical approaches and specific application patterns, an author’s original interpretation of benchmarking for small and medium-sized enterprises has been suggested. The key barriers to effective implementation of benchmarking in the SME sector have been identified. The findings have revealed that the major barrier for small and medium-sized companies within the benchmarking process is limited resources and a threat of information hiding. It is argued that the use of benchmarking methodology contributes to boosting competitiveness and economic efficiency of business entities as well as becomes a powerful driver of cross-sectoral cooperation and partnership and promotes further advanced business interaction practices. It is concluded that the current dynamism in the marketplace and the external environment challenges businesses, especially SMEs, to continuous monitoring and prompt adaptation to changes in the business settings. Implementation of best practices in the area of business processes and their key performance indicators will significantly reduce the adaptation period as well as enables small and medium businesses be on a par with large enterprises that have extensive financial resources to develop, test and implement new technologies of doing business.

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Terziev, Venelin, and Redon Koleci. "COSTS OF DEVELOPMENT OF NEW PRODUCTS." Knowledge International Journal 34, no. 5 (October 4, 2019): 1313–16. http://dx.doi.org/10.35120/kij34051313t.

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The successful management of costs in the development of new products in small and medium-sized enterprises in the Western Balkans is being developed in agriculture. Effective cost management in the development of new products in small and medium-sized enterprises has serious and direct implications for the efficiency of the enterprises themselves. The appeal for the production of vegetables arises from the need to analyze the management of costs as one of the basic conditions for increasing the efficiency of business entities, with particular emphasis on small and medium-sized enterprises as a major driver of economic activity and economic development. Specifically, the purpose of the vegetable industry is to define and analyze the correlation between the successful management of costs in developing new products and the efficiency of small and medium-sized enterprises in the Western Balkans. Modern working conditions, characterized by dynamic structural changes, continuous growth and development of modern technology, internationalization and globalization of markets, increasing the global competitiveness of companies, fragmentation of the market and increased insecurity developing a dynamic and relatable sector as small and medium sized as possible. The idea that big companies tend to grow into big systems that are followed by technological development, why they have high efficiency and productivity and a great deal of leverage on the world markets, has prevailed. Namely, you have been a challenge to globalized economies and at the same time a possibility for economic development and prosperity, but with the changes in working conditions and the deepening of the crisis of big companies in the world, since the end of the 1980s, the economic policies of the last century started to take a serious interest in small business development, industrial competitiveness, restructuring and privatization. In the 1980s, turbulent changes occurred in the functioning of the economic systems of individual national economies to dismantle socialist systems and lay the foundations for a stable democratic society (capitalism). The crisis affecting the financial markets, followed by the high interest rates on the ears, has increased the imminence of the emergence of small and medium-sized enterprises and the level of importance for the internal economy, according to the level of financial structure. During this period, the first in the SAD was a shaky liberal and institutional environment that slowly reflected on the expansion of these entities, and such conditions underwent expansion in other lands as well, when ownership of the activity began. Because of this, the vegetable period will be remembered because of the strong effect of entrepreneurial reconstruction, and the economic science further points to the importance of small and medium-sized enterprises, as carriers of restructuring of economic systems, as well as their own generative capacity, new recruits and mobilizers of all factors of production. Undoubtedly, one of the main characteristics of modern market savings is that small and medium-sized companies represent a club factor for level of functionality and efficiency. In this sense, they represent the true engines of economic development, because, therefore, in the vegetable industry, special attention is paid to the development of this dust, and the consciousness’s and conclusions that are expected to have a meaningful implication are the implications.

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Journal articles on the topic 'Small and Medium-sized Entities'

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