Vol 8, No 1 (Published)

Open Access

Original Research Articles

Article ID: 527

Lean accounting and applications in an automotive supplier industry

by Safak Kiris, Sena Aydogan

Financial Forum, Vol.8, No.1, 2019; 280 Views, 4 PDF Downloads, 0 Untitled Downloads

Lean accounting is an approach that supports Lean Manufacturing in a financial concept. It has a different perspective than traditional costing approach and the main key point in lean manufacturing is removing or reducing the wastes in the system. In this study, the aspect of lean accounting was analyzed in a wiring harness production firm which is in an automotive supplier industry. Lean manufacturing methods were applied in the firm and line balancing applications with their results were evaluated in the study based on the lean accounting system.

Open Access

Original Research Articles

Article ID: 790

Research on financial report fraud in listed manufacturing companies and its countermeasures

by Yilu He

Financial Forum, Vol.8, No.1, 2019; 454 Views, 5 PDF Downloads

Financial fraud is the deliberate and planned fraud of report data. The problem of fraud in financial reporting among listed companies in the manufacturing industry is relatively significant and has not been effectively curbed. This problem has long persisted and has seriously affected investor trust. Therefore, it is of great significance to find a solution to the problem of financial fraud in listed manufacturing companies.

Open Access

Original Research Articles

Article ID: 792

Application of letter of credit in international trade

by Shi Yu

Financial Forum, Vol.8, No.1, 2019; 508 Views, 15 PDF Downloads

In today's world, with the rapid development of economy, many countries have kept up with the pace of economic globalization, and international trade is becoming increasingly important. As a settlement method with banks as guarantors of both parties, L/C (letter of credit) is much safer than commercial credit, and has become the choice of most buyers and sellers in international trade. The purpose of this paper is to introduce the L/C and discuss its advantages and disadvantages in various situations in the application of international trade, and put forward relevant improvement measures.

Open Access

Original Research Articles

Article ID: 793

Study on the transformation and upgrading path and countermeasures of Zhejiang's foreign trade promoted by cross-border e-commerce

by Yifan Zhang

Financial Forum, Vol.8, No.1, 2019; 259 Views, 6 PDF Downloads

In recent years, with the continuous rise of cross-border e-commerce, traditional foreign trade has been affected to some extent, but it is still developing steadily. How to promote the development of traditional foreign trade with the help of cross-border e-commerce is the focus of this paper. Taking Zhejiang province as an example, this paper studies the path and countermeasures of promoting the transformation and upgrading of Zhejiang's foreign trade by cross-border e-commerce.

Open Access

Original Research Articles

Article ID: 798

The analysis of consumer acceptance model and EASI theory model based on perceived value

by Luchan Yu

Financial Forum, Vol.8, No.1, 2019; 262 Views, 13 PDF Downloads

Under the background of economic globalization in the 21st century, consumption's pulling effect on economic growth has been strengthened. The living standard of people is constantly improving and the service industry is developing rapidly. In order to improve the competitiveness of enterprises in China, this paper mainly studies the behavioral characteristics of consumers when they buy products or services. Through the theory of planned behavior and the model of technological acceptance, the perceived value is taken as an important factor to reflect the characteristics of consumers' subjective purchasing behavior. Moreover, the EASI model is used to analyze the influence of service personnel on consumers' purchasing behavior in the service industry. Finally, this paper puts forward reasonable suggestions to enterprises.

Open Access

Original Research Articles

Article ID: 803

New changes of world economy and China's challenges and responses

by Yajie He

Financial Forum, Vol.8, No.1, 2019; 179 Views, 6 PDF Downloads

China has made tremendous achievements in politics, economics and culture, which depends on the new opportunities created by the layout of new changes. The east and west have sped up the regional cooperation and accelerate the development of the free trade area, becoming an important scenery line in the global economy. Weakness in emerging markets has brought some challenges to China in the external economic environment.