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Item Enterprise Resource Planning Systems, Intellectual Capital, and Business Performance: A Study of Listed Companies in Sri Lanka(Faculty of Commerce and Management Studies, University of Kelaniya, 2021) Herath, M.N.; Perera, P.With the proliferation of technology, the success of modern firms highly depends upon the new technologies that facilitate new commercial opportunities and improve business processes. Therefore, it is vital to investigate how Enterprise Resource Planning (ERP) systems improve business performances and the relationship between ERP systems with the firm's intellectual capital and business performance. The primary aim of this paper is to explore the relationship between ERP systems, intellectual capital, and business performance. The study was conducted in the form of a survey, with data being gathered via a standard questionnaire. According to the market capitalization of Colombo Stock Exchange (CSE), the companies in the top five sectors were selected as the sample. Data were analyzed by using the SPSS statistical software. A descriptive analysis was performed to describe demographical variables, followed by finding correlation coefficients to assess the relationship between each of the three variables of the research to support the developed hypotheses of the study. The results revealed that ERP systems have a positive relationship with components of intellectual capital and business performance. The findings of this study provide valuable insights for business institutions to decide the implementation of ERP systems and which component of intellectual capital has a significant impact on improving business performance. Since this provides valuable findings, more research on this area needs to be encouraged.Item Income recognition of a loan with increasing rentals (Stepping up Loans): A case study on a selected Sri Lankan company(Faculty of Commerce and Management Studies, University of Kelaniya, 2015) Kawshalya, P.; Perera, P.In consequence to introduction of Sri Lanka Accounting Standards (SLFRS and LKAS) compatible with International Financial Reporting Standards (IFRS), by the Institute of Chartered Accountants of Sri Lanka with effect from 1st January 2012, The Company being a registered finance company with public accountability, is required to apply provisions of the full set of accounting standards and in the preparation of the financial statements in compatible with these new accounting standards, company has encountered numerous issues regarding the deviations from the requirements of the accounting standards. Out of them, this case study discuses in detailed one of the main issues that was identified during the preparation of financial statements of this company. This company provides range of different types of loans to its customers and among them it was identified a loan category with a specific feature. This loan type is called as “Stepping Up” loans and the special feature in this loan is its monthly installment changes (increases) in every 12 months. Therefore the monthly installments in first few years are relatively lower than the monthly installments of the final years of the loan agreement. In the interest income recognition of these types of loans company has encountered a problem because Sri Lanka Accounting Standard (LKAS) 39 – ‘Financial Instruments: Recognition and Measurement’ requires recognizing the interest income of loans using effective interest method where in the first two years of the loan agreements the monthly rental is not even enough to recover the interest of these loans which is calculated using effective interest method.