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Systematically identification and building of digital capability in the Digital Age are of great significance to the obtainment of enterprises’ sustainable competitive advantages. This article first proposes typical application paradigms for the general framework of building digital capability of industrial enterprises in the Digital Age (FBDC) announced as international standard. Then data of over 4100 practical cases of building digital capabilities using FBDC by over 4000 Chinese industrial enterprises are collected. Based on the data, major directions, core implementations of digital capabilities building are systematically demonstrated through statistical analysis. Furthermore, we divide the investigated enterprises into different groups by sector, then organize in-depth research works to illustrate the major directions and typical practices of building digital capabilities in China's raw materials sector, equipment sector, and consumer goods sector. The results show that the major concerns of Chinese industrial enterprises building digital capabilities are centered on six aspects: R&D and innovation, production management and control, supply chain management, financial management and control, business management, and customer service. The results of sector-wise analysis also provide practical reference to industrial enterprises and other stakeholders to identify suitable digital capability based on information and communication technologies application in the Digital Age and efficiently implement the digital capability building process.

From the early 1990s to the present, the nonprofit sector in South Korea has grown exponentially in size and scope, resulting in increased calls for the development of nonprofit education programs to educate future leaders of the nonprofit sector in South Korea. This article reports on a study undertaking to determine the scope and dimensions of the nonprofit and non-governmental organization (NPO/NGO) education in South Korea, identifying university-based nonprofit education programs in South Korea and analyze curricular content employing Wish and Mirabella’s seven-category model for evaluating curricular content in nonprofit programs. At present, South Korea offers 23 NPO/NGO degree programs at 16 universities with a combined total of 634 courses being offered as part of these degree programs. In addition, there are 45 universities offering three or more NPO/NGO related courses outside of the identified 23 NPO/NGO degree programs among the top 50 South Korean Universities, including the aforementioned 16 universities. Our findings show that South Korean NPO/NGO degree programs are more focused on advocacy and public policy related topics than on other categories of curriculum content, and with very little focus on financial management related topics in particular. The paper concludes with a discussion of the unique structure of NPO/NGO degree programs compared with programs in the United States, highlighting the proportional difference between the internal and external functions. Subscribe to JNEL

The target of this PKM program is economically productive communities, namely people in housing in Banguntapan sub-district who have just established BMT covering aspects of marketing/socialization and management and accounting information systems (small businesses). The aim of the program is to develop an economically independent community with high literacy on syar'i transactions. Business partners in this program are BMTs that have just been established with a residential mosque base, namely BMT Sakinah, BMT Al-Anbiya and BMT Al-Huda. The problems faced by the three partners are: 1) Lack of competence and management in managing BMT, 2) Lack of legality, 3) Lack of Islamic financial literacy, so that BMT members still do not understand the function of BMT. As for the method of devotionare general lectures, short courses, tutorials and simulations. Materials that are focused on include the management and members of BMT: 1) Socialization of Transaction Contract applications legalized by the National Sharia Board, 2) Consolidating the understanding and application of Management Information Systems and Accounting Information Systems for BMT, for approximately eight months. The result of this dedicationis special assistance and provides BMT financial system software so that the BMT, BMT Sakinah (Puri Sakinah 2 Housing), BMT Al-Anbiya (Pesona Banguntapan Kotagede Housing) and BMT Al-Huda (Graha Banguntapan Housing) can manage accountably, professional and transparent. This program is expected to be able to facilitate the development of partner businesses so that they are able to provide a multiplier effect for housing-based BMTs and other newly established mosques.

Cash(liquidity) management is at the heart of a firm’s financial management. It is a silver lining between the bankruptcy and the success story of a company. Therefore, this study intends to contribute some insights into cash management practices and how firms can use them to achieve sound financial performance. This study provides a comprehensive literature review on existing theories and cash management practices that are useful in decision making. After the analysis of the available literature, the study highlights important theories including trade-off theory (TOT), transaction model, precautionary measures, financial hierarchy, and cash flow theory. Furthermore, management practices such as stochastic cash management model, speeding up cash collections, centralization & decentralization of management, asset portfolio diversification, and cash disbursement are discussed. The study suggests that a sound financial performance can be achieved through a hybrid approach and through adaptation and embracing innovations in cash management systems.

Problem setting. One of the cross-cutting lines of the current stage of public administration reform is the creation of a professional, efficient, effective, transparent and flexible system of executive authorities, which will be a prerequisite for the development of good governance in Ukraine. To do this, it is important to make the institutional capacity building (ICB) of such organizations. Institutional capacity is the ability of executive authorities to effectively achieve its goals, to maintain sustainable operation in the long run, to make high-quality public administration decisions with the broad involvement of beneficiaries and stakeholders.Recent research and publications analysis. Some aspects of the institutional capacity of public institutions have been the subject of domestic research by L. Kulish, O. Naumov, S. Brekhov, L. Naumova, O. Chemerys, M. Voinovskyi, N. Kolisnychenko, O. Ros, H. Shchedrova, K. Petrenko.Highlighting previously unsettled parts of the general problem. Despite a significant number of publications, the issue of the institutional capacity of the executive authorities still remains poorly explored in the science of public administration. Institutional capacity building instruments, one of which is an institutional audit, in particular, need to be further studied. The usage of institutional audit not only strengthens the institutional capacity of the executive authorities, but also forms the basis for the implementation of good governance approaches in the system of public administration. That is why the selected area of research is extremely important in modern conditions of public administration reform in Ukraine.Paper main body. The concept of audit at the present stage is no longer limited to financial control. The general audit methodology, which includes external assessment or self-assessment in accordance with established standards, establishing a certain current state of affairs, identifying opportunities for development and making recommendations, allows it to be adapted to all procedures, processes, operations and systems of any organization. But the purpose of the audit remains the same – to make sure that the functioning of the institution is carried out within a certain budget, goals, requirements or rules.The need to separate institutional audit from audit in public sector is due to current trends of the institutional capacity building of public institutions.To assist the executive authorities in the institutional capacity building, we use the institutional audit mechanism, by which we mean the instrument of public monitoring and control of institutional capacity of public institutions as the ability of these organizations to effectively achieve its mission and maintain long-term sustainability and quality of public services as a result of public administration functions performed by public institutions. And although the institutional audit is essentially part of the public administration function of monitoring and control, it is focused not on identifying violations and further application of sanctions to responsible persons, but on finding potential for institutional development of executive authorities, effective and efficient performance of its functions.The institutional capacity building of executive authorities involves increasing its capacity for sustainable, consistent and reliable implementation of goals and objectives. In practice, it means improving the organization’s management system, including decision-making, financial management, human resource management processes, establishing effective internal and external communication, and so on.An important component of institutional audit is the actual assessment of institutional capacity, which aims to outline the organizational and behavioral aspects of the system that contribute to its efficiency. Through evaluation, the executive authorities receive a diagnosis of the internal environment, processes and goals, as well as a better understanding of the role of all stakeholders. The results of the assessment are the answer to the question “What are the shortcomings in the planning, implementation and effectiveness of a particular executive authorities?”. And every shortcoming identified today is a potential opportunity for development tomorrow.The efficiency of the institutional capacity assessment process and institutional audit in general depends on many factors, which can be divided into internal and external. Internal factors, as a rule, relate to the transparency of the executive authority, in particular the interest and willingness of its management to communicate with auditors, the presence of the request of the institution itself to undergo an institutional audit. Instead, external factors in the efficiency of institutional audit are more concerned with involving stakeholders in this process. Moreover, researchers and experts consider the involvement of stakeholders not only as subjects of the audit process, but also as drivers for the implementation of measures to increase the institutional capacity of the executive authority.In this context, we consider it appropriate to involve the public in the face of non-government organizations (NGOs) as independent institutional auditors. In particular, these may be organizations or coalitions of organizations operating in a field similar to a public institution. For example, NGOs working with people with disabilities could conduct institutional audits for social policy departments of local government administrations.The process of the institutional capacity building of executive authorities doesn’t give immediate results, because it is accompanied by changes within the organization, which always, despite the positive or negative, cause resistance from personnel. Add to this the over-bureaucratized structures and processes of public administration decision-making, the prevalence of political expediency over economy, efficiency and effectiveness, and the lack of a strategy, but also a clearly defined mission, in most executive authorities, we will be given an incredibly difficult task for an institutional audit. However, without overcoming these obstacles and ensuring sustainable institutional development of public institutions, it is impossible to form an effective system of public administration or build a democratic, social and legal state.Conclusions of the research and prospects for further studies. The institutional capacity building of the executive authorities is an important step towards implementing the concept of good governance in Ukraine and bringing public institutions to a qualitatively new level of functioning. Harmonization of such key components of a public institution as mission and vision, management system, corporate culture, organizational structure, communication within the organization and with the external environment, staff training and motivation system, work practices and procedures, will allow executive authorities to implement its tasks and achieve the objectives. And the continuous connection with the beneficiaries and stakeholders present in the institutional audit will increase the transparency and parity of the government’s interaction with the public, which is the key to the democratization of public relations in the state.However, in the domestic realities, institutional audit does not have sufficient methodological and regulatory support, and what is available is scattered between different laws, regulations and even types of audit. Systematization of legal bases of institutional audit and strengthening of methodological basis of its carrying out is a key direction of further scientific studies.

The purpose of this study was to determine the management of education financing in Islamic Universities in South Kalimantan. This research is in the form of descriptive qualitative with a library research data collection approach. The focus of this research will be to observe how the management of education financing in Islamic Universities throughout South Kalimantan, which consists of 13 educational institutions, both public and private categories. The results of this research show that the Covid-19 pandemic cannot be denied, causing the dropout rate to soar, due to the inability of students to pay their tuition fees. However, several campuses in South Kalimantan provide a policy of cutting payments and delaying payments so that students can continue to carry out the education process well. The financial management of Islamic higher education institutions in South Kalimantan during the Covid-19 pandemic has been carried out as effectively as possible. This is to maintain accountability and transparency to get good grades before getting cross-subsidy funds from the Government. The conclusions of this study are: the impact of Covid-19 has a very significant effect on education financing at Private Islamic Colleges in South Kalimantan but not at State Islamic campuses and the management of education financing amid the Covid-19 pandemic should be carried out very strictly.

The Covid 19 pandemic that occurred in 2020 impacts all areas of life, especially in the economy. The restriction of community activities causes a decrease in income that the government, business sector, and the community is not only felt by the government. This activity aims to increase the knowledge and ability of homemakers in managing family finances in the covid 19 pandemic period where many families' income decreases so that a mother as a financial manager must have knowledge and skills in family financial management. This activity was carried out at the Cisitu Village Office, attended by 20 participants consisting of homemakers and RT RW Cisitu Village. This activity went smoothly. The method of this service activity uses counseling and discussion methods. This activity shows that participants better know how to manage family finances by making household budgets, making spending priorities so that the income earned every month can meet all needs to avoid debt and start saving.

The purposes of this research are: (1) to find types of costing of universities which apply financial management of public service agencies in vocational education that apply boarding school system, (2) to arrange the suitable process of business for improving its graduates' competence doing more practice, (3) to know cost driver to be controlled for improving the effectiveness and efficiency. The result of this research shows that: (1) development of costing model at Poltekpel Surabaya and ATKP Surabaya through cost reduction program on cost drivers can increase competitiveness and independence in exploring sources and composition of costs, (2) planning and budget of Poltekpel Surabaya and ATKP Surabaya not yet maximal in using performance-based budgeting system, (3) need to simplify the business process at Poltekpel Surabaya and ATKP Surabaya, to compete in providing services to the community, (4) the financial management system Poltekpel Surabaya and ATKP Surabaya is good, transparent and accountable, by the provisions of the legislation, (5) the need to explore sources of financing derived from the use of assets and grants, (6) with the development of the model can increase the effectiveness and efficiency at Poltekpel Surabaya and ATKP Surabaya.

The authors believe that understanding Islamic banking financial governance at a globally competitive level is an exciting issue in global economic studies. We have carried out the completeness of the data and the discussion from various sources of information and economic data. Furthermore, our understanding efforts were made to find solutions in answering questions and problems in the context of this study by involving a comprehensive study of economics review, involving a system of data analysis, evaluation, and in-depth conclusion drawing. We carry out this study is in a qualitative type of study relying on secondary data in the form of evidence from previous studies, which we consider valid and updated in response to the problems and questions of this study. Based on the existing data supported by the evidence of previous findings, we found that Islamic banking financial governance in the context of a globally competitive economy is an exciting issue for the parties because the world today is questioned by the failure of the conventional capitalist economy in contributing solutions to the world community. Other findings are very relevant to be discussed and become an essential theme in competitive economics, especially Islamic economics.

Merebaknya pandemi covid-19 telah menimbulkan dampak pada semua aspek kehidupan, bukan hanya dari sisi kesehatan namun juga telah mengganggu perekonomian, terutama menurunnya volume penjualan. Salah satu kelompok masyarakat yang terdampak oleh pandemi covid-19 adalah keluarga anggota organisasi Mitra Ananda yaitu organisasi orang tua dari anak-anak dengan disabilitas (cerebral palsy, autisme dan down syndrome) khususnya yang berbasis di Kabupaten Gunungkidul. Selama ini, Mitra Ananda telah menghasilkan produk kerajinan dari kain perca yang membuat “keset”. Program ini dilaksanakan pada bulan Maret – Juli 2021 di Kabupaten Gunung Kidul, Daerah Istimewa Yogyakarta. Metode yang digunakan adalah pendampingan praktik pemasaran melalui platform digital dan pelatihan akuntansi dasar. Hasil dari pelatihan diharapkan Mitra Ananda dapat melakukan pemasaran dan pengelolaan keuangan dengan lebih baik.

Aditya Yodha Community has collaborated with the local Family Welfare Empowerment (FWE) to develop various businesses, such as processed Salak (Snakesfruit), goat farm, and tilapia fish farm as the local wisdoms of Sorowangsan village to improve the welfare of the community. In the current COVID- 19 pandemic, it requires the creative thinking to be independent. To develop the business, the community needs capital. The sources of funds that can support the business is in the form of Joint Savings and Loans Business (JSLB) so that the group's business can develop sustainably. The community then formed JSLB. Therefore, mentoring and training would be carried out. The assistance was carried out using the empowerment method, which is a development process in which the community takes the initiative to start the social activities to improve their own situation and condition. The trainings were general management of JSLB and organization, financial management, business analysis. The activity was started with making the JSLB concept which would be socialized to groups in the community according to the group's potential and human resource conditions. Based on the JSLB concept, the community formed the JSLB management. Furthermore, the training and assistance for the general management and organization, the financial management, and the business analysis were carried out. Through JSLB, revolving capital can be made for sustainable business development. The outputs of this community service were the JSLB concept, the management & organization materials, the financial management, the business analysis, the community service reports, the proceedings for journal articles and Aditya Yodha (AYO) JSLB has also been formed.

During the covid-19 pandemic, family income has decreased relatively. However, the cost of living is relatively the same, even increasing for health financing needs. Young people, namely students at school, have a lifestyle that needs to be managed, especially in using money. The purpose of this community service is to provide briefing for high school students from the Cirebon Penabur Christian Education Board regarding financial management during the pandemic so that their needs are fulfilled; lecturers of the Faculty of Economics and Business, Krida Wacana Christian University can apply their knowledge to the community, especially to students; as well as a means of training and non-formal education for students of the Faculty of Economics and Business through interacting with the community directly. The scope of this activity is counseling about personal finance cycles, financial planning and tips, financial records, and an introduction to the use of financial calculators. The method of activity used is counseling, joint discussion, and question and answer, as well as providing feedback at the end of the event. The results of this activity are to increase students' knowledge and insight about financial management during the pandemic; lecturers and students of the Faculty of Economics and Business can apply their knowledge to the community. Participants were enthusiastic and asked about things to use money in their daily lives. Through this activity, students are invited to begin to distinguish between needs and wants and to manage finances well, so that the necessities of life can be fulfilled and have savings or investments from an early age.

Nowadays, the hotel management concept cannot keep pace with the times. Traditional concepts are often adopted to manage hotel financial personnel, for the hotel financial personnel cannot take timely and effective training. All these lead to the hotel financial staff designing the hotel’s related business without sufficient understanding of the hotel industry and judging and deciding if they do not master the hotel’s professional knowledge, which makes the participating projects unable to give correct and reasonable answers to the substantive problems of the hotel. This leads to the hotel management not going up; extensive management makes the hotel benefit not go up. Hotel intelligent technology can solve these problems and not only save manpower and material resources but also intelligently predict the financial crisis of hotels. In the context of the accelerated development of globalization and informatization, there are still many problems in the financial management process of my country’s hotel industry. Based on these questions, the article draws on foreign advanced experience, puts forward effective suggestions in financial management, and uses computational intelligence technology to design a centralized and intelligent financial management system. The research results show the following: (1) the financial crisis model is created by using the principle of support vector machine and logistic regression method, which greatly reduces the financial crisis of the enterprise. (2) The system can straightforwardly summarize the data for easy query. Taking three domestic hotels as an example, a comprehensive study has been carried out on the three aspects of pricing assessment risk, financial integration risk, and debt risk. In 2016, the financial leverage coefficient has been relatively high, the quick ratio has fluctuated greatly, and the interest protection coefficient has shown a downward trend. (3) The performance of the system is compared with traditional development mode, framework development mode, and intelligent optimization mode. The intelligent optimization system has the lowest response time and the highest success rate. The new system has reduced response time by about 57% compared with the original response time, and the access success rate has been greatly improved.

This study aims to examine the effect of the presentation of financial statements, internal control systems and accessibility of financial reports on the accountability of regional financial management. The population in this study were 23 opd within the Pematangsiantar city government. The sampling technique used in this research is purposive sampling. The data were processed using SPSS version 25 and analyzed using multiple linear regression analysis. The dependent variable in this study is the accountability of regional financial management. The independent variables used in this study are the presentation of financial statements, the internal control system and the accessibility of financial statements. The results of this study indicate that the presentation of financial statements affects the accountability of regional financial management, the internal control system affects the accountability of regional financial management, the accessibility of financial reports affects the accountability of regional financial management.

Pengabdian kepada masyarakat ini bertujuan mempersiapkan dan membekali para anggota kelompok mitra untuk merintis dan mengembangkan usaha terutama terkait dengan persiapan usaha dan pengelolaan dalam hal bauran pemasaran, organisasi dan pengelolaan keuangan. Pengabdian melingkupi pendampingan perintisan dan pengembangan usaha dari pelaku usaha dalam Kelompok Cengkeh 1, yang beranggotakan para ibu rumah tangga dengan berbagai ketrampilan membuat beberapa macam produk makanan. Periode pelaksanaan dimulai pada tanggal 6 Maret sampai dengan 14 Juni 2020. Metode yang diterapkan dalam pengabdian ini antara lain: melakukan analisis situasi, identifikasi permasalahan mitra, menentukan tujuan kerja, menyusun rencana pemecahan masalah, pendekatan sosial, pelaksanaan kegiatan, serta melakukan evaluasi terhadap kegaiatan dan hasil. Adapun hasil dari pengabdian ini antara lain adalah: terwujudnya usaha bersama dalam bidang kuliner, disertai adanya kesadaran dan pemahaman pengurus beserta anggota kelompok tentang pentingnya pengelolaan pemasaran, pengembangan organisasi, serta pengelolaan keuangan usaha maupun kelompok. Kelompok mitra sangat antusias untuk mengembangkan usahanya dan dari setiap anggota selalu berusaha untuk melakukan perbaikan produk dan layanannya. Pengabdian pendampingan kelompok ini memberikan manfaat ekonomis berupa adanya penghasilan tambahan bagi keluarga, peningkatan kreatifitas produksi, pemasaran, dan pelayanan. Masyarakat sekitarnya mendapatkan kemudahan dalam mendapatkan alternatif produk makanan yang dibutuhkan. Bahkan pada masa pandemi ini kelompok mitra bersedia memberikan layanan antar produk bagi warga masyarakat sekitarnya.

Financial management is a key factor in achieving financial autonomy. Like other employees overseas, Filipino employees too are facing financial inadequacy, in one way or another. Thus, this descriptive study was conducted to assess the financial management of the personnel in the West Visayas State University Calinog Campus, Iloilo, Philippines. Using the duly validated and pilot-tested questionnaire, this study examined the three (3) aspects of financial management, namely: financial literacy; financial attitude; and financial management practices. It revealed that the respondents have an average level of financial literacy indicating that employees already possess knowledge in handling personal finances. The financial attitude of the respondents is relatively practical spenders as evident in "comparing prices when shopping for purchases" and "spending less than income". As to financial management practices, most of the respondents put money in the bank in order to cope with the growing expenses of the respondents' children's education. At some point, some employees venture into investments such as livestock and business. Financial management program may be conducted to improve the economic and financial stability of the employees. Emphasis may center on budgeting, expenditure, and saving mechanisms to achieve financial literacy.

One of the means of community service in improving the economy is the Thematic Real Work Lecture at the Bogor Agricultural University (KKN-T IPB). Students play very important role in improving the community's economy through the KKN-T IPB’s programs, especially in the COVID-19 pandemic situation which results in the limitation and closure of various business sectors. This community service aims to improve the soft skills of the community in this case Small and Micro Enterprises (SMEs) so that they can remain competitive and increase the scale of their business in Jatinegara District, East Jakarta Administrative City. Methods used in this community service is by training directly in the Jatinegara District Office Hall and online through the zoom teleconference media. The training carried out (training that has been held) namely, financial recording training; product photo training, design training using Canva and Instagram; digital marketing training; food packaging training; and financial management webinars. The results of the training show that MSEs in Jatinegara District understand the material provided in each training, benefit from the training, and the training content well-suited with the business undertaken by each participant.

In this study, a value-based children's financial education program was developed focusing on the values of each financial management area needed for children. According to 'quasi-experimental design - nonequivalent control group design', an experimental group and a control group were formed for children in the lower grades of elementary school, and a value-based child financial education program was executed, and then the program was applied to children's personal financial management. The effect on the value propensity for each area was evaluated. As a result of the quantitative evaluation, it was confirmed that the 8 values of the children in the experimental group were significantly improved compared to the children of the control group, so this program was effective in enhancing the values of each of the 8 areas of personal financial management needed for children. In addition, the children in the experimental group showed significant improvement compared to the children in the control group in the cognitive, justice, and psychodynamic levels of values. It has also been found to be effective in enhancing as a result of the qualitative evaluation, various positive changes were found in the cognitive, affective, and psycho-dynamic dimensions about the values of each financial management area for children. From a positive perspective, it was found that it plays a useful role in cultivating the values of each area of positive personal financial management.

The Covid 19 pandemic caused a slowdown in economic growth, which resulted in decreased production and sales of several industrial sectors. The automotive and components sectors faced the same condition, which impacted their production and sales. Paired sample t-test data analysis choose to analyses tend to measure the effect of Profitability during the pandemic and before the pandemic. The result of this study shows that even the automotive industry predicts having contraction on their Profitability at the pandemic period. However, the decline in sales and production is not always followed by a decline in financial performance, especially Profitability, due to financial management policies and efficiency factors. Hence, he automotive and components sub-sector in this study showed no significant difference in Profitability before the Covid 19 pandemic and during covid 19.

PurposeThe purpose of the study is to examine the following two research objectives. The first was to examine the predictive relationships that consumer characteristics of financial literacy, thinking styles and self-control have with a consumer's financial behaviors. The second goal was to ascertain financial management products' ability to aid those consumers who need it the most by weakening the predictive effects of consumer traits on financial behaviors.Design/methodology/approachThe study employed a web-based survey to gather information. The measurement and structural models were analyzed using generalized structured component analysis (GSCA), a component-based structural equation model. The mediation effect of self-control is assessed using the GSCA. The conditional mediation of demographic variables and use of personal financial management products are evaluated using multi-group analysis (MGA) in GSCA.FindingsAntecedents, financial literacy, thinking styles and self-control consumer characteristics are predictors of financial behaviors. However, self-control plays a more prominent role as a mediator between the other variables, strengthening the overall relationship. Also, financial products can have a beneficial moderation effect assisting those consumers who need them the most.Practical implicationsThese insights help in creating target specific financial literacy strategies to influence consumers' financial behaviors. Also, there is a need to develop mechanisms to influence a consumer's self-control and thinking styles to improve financial behavior. In conjunction with other initiatives, the impact of financial literacy has a greater effect on financial behaviors. Further, the insights assist financial institutions and financial technology firms in offering and creating products to help customers make better financial decisions and improve their financial behaviors.Social implicationsThe research addressed a significant global issue – consumer financial health. The Great Recession and the COVID-19 recession highlight the need to focus on the consumer and efforts to improve their financial health.Originality/valueThis research highlighted the mediating role of self-control and suggested that existing and future financial products can positively influence consumer behavior drivers.

Background Unhelmeted motorcyclists injured in states with lax or poorly enforced helmet safety laws are frequently seen in rural trauma centers. A trauma surgeon started a comprehensive injury prevention and research fund with outreach to a three-state trauma center catchment area promoting injury prevention at area high schools and local communities. We hypothesized that unhelmeted riders would have more severe head injuries and fatalities than helmeted riders. Methods A trauma registry review of 708 injured motorcycle riders over an 11-year period examined demographics, helmet use, and clinical outcomes of helmeted and unhelmeted riders. A full-time injury prevention coordinator collaborating with law enforcement provided electronic and mechanical simulations with discussions regarding helmet use, alcohol avoidance, and responsible motorcycle riding for area high school students. This program coincided with the second half of our 11-year study. Multiple regression analysis evaluated predictors for head injury and death. Results Unhelmeted motorcyclists suffered worse head injuries, (OR 8.8, CI 1.6-2.4, P < .001), more severe overall injury (OR 10, CI 12.7-18.6, P < .001), and higher mortality (OR 2.7, CI .02-.15, P < .001). Local motorcycle-related trauma center admissions and deaths have stabilized in recent years while statewide motorcycle crashes have increased ( P < .05). Discussion Unhelmeted motorcyclists suffer worse head injuries and mortality rates. Physician-led outreach efforts for injury prevention may be effective. Trauma surgeons have ongoing opportunities to promote responsible motorcycle riding for schools and local communities.

This article explores the major challenges surrounding the ongoing wave of public sector accrual accounting reforms. In particular, this paper sheds light on the importance of training and skill development as essential components of capacity-building and discusses the crucial role educational institutions play in laying the basis of a sound Public Sector Accounting (PSA) body of knowledge. The article also provides recommendations based on studies and reports conducted by international organizations, standards-setting bodies, and accountancy profession institutions as well as capitalizing on the experience of leading countries in the public financial management field

Although considered as one of the main drivers of the national economy, SMEs are very vulnerable to business competition. Limited access to resources including knowledge resources makes SMEs constrained to develop their support system. One of the obstacles faced by SMEs today is their limited grasp to the business financial management concept. They also have a difficulty in accessing a simple financial accounting application that fit to their business conditions. The community service program implemented by the Ma Chung Abdimas Grant Team aims to improve the financial literacy of SME members of Forum Komunikasi Pelaku Usaha in Kabupaten Malang, as well as their access to computer-based financial accounting application. This program is implemented in the form of training and mentoring to improve SME’s understanding and skills in financial management. The results concluded that the training program was effective. It is able to improve financial management literacy for IKM partners.

This study examines if households experience utility gains by selecting one of its members to specialize in its financial management. Utilizing data that are collected from the Health and Retirement Study, a variable measuring households’ level of financial specialization (HFS) is first constructed. The HFS variable is examined for its association with household utility, measured in this study as financial satisfaction, income satisfaction, and life satisfaction. The evidence provided strongly indicates that a household that selects one of its members to specialize in its financial management experiences utility gains.

This study aims to examine the relationship between the influence of human resource capacity, the application of government internal control systems and the use of information technology to the quality of local government financial reports, and their implications for employee performance. The study was conducted among 107 employees who worked in the accounting department of the Regional Agency for Financial Management and Assets and the Regional Revenue and Asset Management Service, who had responsibilities and main functions in the preparation of financial reports of district governments of Lampung Province. The data analysis technique used in this study is the SEM (Structural Equation Model) method using the AMOS program as a research tool. This research shows empirical evidence that human resource capacity, the application of government internal control systems and the use of information technology have a positive effect on the quality of local government financial reporting, this study found. also successfully demonstrated that there is a positive influence on the quality of local government financial statements on employee performance.

Nations create Sovereign Wealth Funds to accumulate, save and invest excess liquidity that arise from natural resources and other excess funds in infrastructural developments and in achieving other policy objectives. The paper thus investigated sovereign wealth fund as an effective tool for public financial management and economic sustainability with a particular focus on Nigeria. The exploratory and descriptive research design approach was adopted in evaluating the sovereign fund model as an alternative to public resources management. The paper reveals that sovereign wealth funds can be helpful to a nation especially in the time of economic crisis as it could be used to minimize government revenues volatility rate as well as to build up the level of savings for future generation ( r = 0.689 and 0.763 for volatility rate and saving for future generation respectively and p-values < 0.05). However, it is discovered that to produce the intended results, the fund must form part of the home country policy document and must be prudently invested. Based on these findings, it is recommended that regulatory body must strengthen the accountability framework around the fund. To this end, there should be fiscal discipline, probity and transparency in the investment, management and reporting of the fund. Nigeria is thus encouraged to sign up and uphold the Santiago principles and guidelines proposed in 2008 for the promotion of global best practices in National Sovereign Wealth Funds operations and management.

The managing of Hope Family Program or Program Keluarga Harapan (PKH) is the supervisor of the business unit in the form of electronic warung gotong royong (e-Warong) which is a social assistance program to synergies between PKH and the Joint Venture Group or Kelompok Usaha Bersama (KUBE). PKH of Bantur’s subdistrict experienced several problems related to financial management for their business activities, especially their inventory recording and they were not aware to promote through marketplaces. Therefore by the program of community service the University of Merdeka Malang, PKH Bantur’s subdistrict was expected to be able to gain an understanding of inventory recording and marketing to solve their problems by using google forms, google spreadsheet, and Shopee. There are three methods for these activities: lectures, practices, and discussions. These activities are divided into two sessions. The first session was introducing the importance of financial management, inventory management, and the use of google form and google spreadsheet. The second session explained digital marketing and the use of Shopee. The participants looked enthusiastic during the event. Through these activities, participants can understand the importance of managing inventory, the benefits of google form and google spreadsheets to control their inventory, also they can use Shopee as marketing media to gain more income.

One of the components of a highly effective management system is operational controlling at the enterprise. At the same time, the most important indicator characterising the efficiency of the functioning of the enterprise and, accordingly, subject to controlling is its solvency, which affects the level of competitiveness of the enterprise and the efficiency of its adaptation to the changing conditions of the market environment. In this regard, the purpose of the research is to modernize the procedure of financial controlling based on the development of an integral model for determining and analysing the transformational solvency index. The article forms a universal model of financial condition assessment, in which all threshold values of the coefficients, calculated according to existing methods of financial stability assessment, are reduced to one scale and the accumulated impact of indicator values for previous periods of economic activity is taken into account.On the basis of the correlation analysis, the nature and strength of the dependence of the transformational solvency index on the factors influencing its formation and causing tendentious trends in the dynamics of its change during a certain period are determined.

Las MiPymes se han convertido en una de las mayores fuentes de movimiento económico del país, sin embargo, su tasa de mortalidad es alta debido a que estas no duran por mucho tiempo y no se desarrollan con debe de ser, es por ello que en el presente proyecto se pretende realizar un análisis sobre la incidencia que tiene una dirección financiera para potenciar el desarrollo de las MiPymes de la ciudad de Machala. Para ello se realizó una investigación de método cuantitativo, con alcance descriptivo-experimental, en donde se presentó una encuesta dirigida a gerentes de las empresas, para que confirmen su opinión sobre esta influencia. Con la información se pudo considerar que la dirección financiera es necesaria para establecer la toma de decisiones y conocer el estado financiero de la misma, tomando en cuenta un análisis de balance vertical que le permite comparase con la financiación de otras empresas.

The First Nations Fiscal Management Act (FMA) delegates the power to levy property taxes to band councils. The purpose of this article is to describe and analyze the effectiveness of the legislation as a self-government tool. Section 5(1) of the FMA allows band councils to levy property taxes both to increase their economic capacity—providing them with a source of income—and to improve self-government. However, this grant of power is subject to numerous conditions. These include compliance with the financial management requirements set out in the act, as well as approval of property tax laws by the First Nations Tax Commission (FNTC) (the majority of the members of which are appointed by the federal government). Also, the taxes imposed must comply with regulations set by the governor in council, which currently cover the property assessment process (including an appeal process), interest and penalties, and inspection of property. There have been two attempts by property taxpayers to overturn the decisions of the FNTC by way of judicial review. The fact that both were unsuccessful has somewhat mitigated criticism of the constraints on First Nation self-government imposed by the FMA. Overall, the federal government maintains significant control over the law-making process by which First Nations levy property taxes, both directly through regulations and indirectly through its dominant presence on the FNTC. Reform is needed: real powers need to be delegated to meet the stated objective of creating meaningful self-government for participating First Nations. The power to impose property taxes was first delegated to band councils by the Indian Act in 1951. Therefore, it is high time that First Nations be granted the right to exercise that power without federal intervention. Constitutional protection of the right to self-government must be the ultimate goal.

Se planteó como objetivo: determinar la relación entre la gestión financiera y la recuperación de los créditos de la Cooperativa de Ahorro y Crédito Santo Cristo de Bagazán sede Chachapoyas – 2020. Asimismo, utilizar una investigación de diseño no correlacional, de corte transversal, con enfoque cuantitativo, de tipo aplicada y nivel correlacional causal, la población estuvo conformada por los trabajadores, siendo a quienes se les aplicó el cuestionario. Los resultados evidenciaron que el valor del Rho de Spearman obtenido es de 0,645 y el valor de la Sig., es menor al 0,05, llegando a concluir que el nivel de relación de la gestión financiera es significativa directa con la recuperación de créditos, esto revela que, mientras se lleve a cabo una gestión financiera eficiente entonces se podrá recuperar los créditos otorgados a los clientes, permitiendo a la entidad maximizar sus utilidades.

Demand risks are critical for the involvement of private sector participants in High-Speed Rail (HSR) operations. This study examines specific cases of the organizational characteristics of HSR operators that have successfully managed demand risks. By examining the successful operational performance of vertically integrated private HSR operators in Japan and Taiwan, and the influence of government regulations in enabling such successes, the study aims to provide a discussion on the appropriate balance between the risk and control sharing by public authorities and private HSR operators. In our analysis, continuous improvement in the quality of services is identified as a rational strategy for sustaining passenger business. Crucial factors have been identified by examining the application of a continuous improvement strategy in a delay-management system utilized by one of the private HSR operators in Japan. Our study highlights the importance of actions such as integrated operations and maintenance management towards continuous service improvement. Moreover, the effectiveness of these actions is identified to be enabled by management factors such as financial management. The discussion reveals how government regulations can influence the corporate governance of a private HSR operator and potentially restrict the efficiency of service improvement strategies. The importance of institutional factors reemphasizes the need to learn from the experiences of existing HSR projects and to find applications for developing countries expecting a similar HSR operating environment. The findings suggest that the independent corporate-governance for private HSR operators should be considered thoroughly by public actors that contemplate any risk-sharing arrangement with the private sector.

Background Biomedical research plays an important role in improving health. There seems to exist a negative correlation between the amount of biomedical research funding and disease burden from all Sub-Saharan African countries. In this study, we describe funding patterns for biomedical research, explore the correlation between funding and burden of diseases, and quantify inequalities in funds distribution across diseases in Gabon over the period 2005–2015. Methods Data on medical research funds from 2005 to 2015 were retrieved through a structured questionnaire distributed to Gabonese biomedical research institutions and by consulting online databases. Data on the burden of diseases were gathered from the World Health Organization and the Institute for Health Metrics and Evaluation. We used Kendall rank correlation coefficient to explore the correlation between cumulative funds over time and the burden of disease. The inequality distribution of funding across diseases was assessed through Gini coefficient and Lorenz curve. Results Biomedical research funding was characterized by a remarkable growth from 2005 to 2010 and a decline from 2010 to 2014. Funds were mostly from external sources and from partnerships. There was inequality in research funds allocation across diseases and malaria was far the most funded disease. There was a significant negative correlation between cumulative funding and the burden of HIV, tuberculosis, and of Helminthiasis (from 2006 to 2010) suggesting that research may be contributing to the management of such diseases. A positive, although not significant, correlation was found between cumulative funds and malaria burden. Conclusions The negative correlation between HIV and tuberculosis cumulative funding and burden suggests that research may be contributing to the management of such diseases but further research is needed to assess the causal direction of such as relationship. As the burden of non-communicable diseases is increasing, more research funds should be focused on those. While research partnerships have been and will remain fundamental, Gabon should increase the amount of national funds to overcome periods of reduced research funding flows from abroad.

Background Hospitals are closing after poor financial performance leaving many patients without access to medical care. Identifying the factors associated with financial distress offers hospitals avenues for potential intervention to avoid bankruptcy and closure. Materials and Methods We performed a retrospective analysis of private U.S. hospitals’ financial information from 2011 to 2018. A mixed effects logistic regression model was used with the primary outcome of hospital financial distress (based on the Altman Z-score). Results Our sample included 2,720 private hospitals contributing a total of 20,022 hospital-year observations. The proportion of hospitals experiencing financial distress each year ranged from 22.0% to 24.3%. For-profit status was associated with an increased odds of financial distress (adjusted odds ratio (aOR), 4.36 [95% Confidence Interval (CI) 3.05 - 6.24]) as compared to non-profit status. A higher share of hospital revenue from Medicaid was also associated with increased odds of financial distress (aOR for the highest quartile, 2.28 [95% CI 1.73 - 3.00]) as compared to the lowest quartile. A higher case mix index (aOR for the highest quartile, 0.32 [95% CI 0.23 - 0.46]) and an increased share of hospital revenue from outpatient services (aOR for the highest quartile, 0.34 [95% CI 0.23 - 0.49]) were associated with decreased odds of financial distress as compared to their respective lowest quartiles. Conclusions A significant proportion of private U.S. hospitals experience financial distress. Increasing case complexity and the proportion of patient revenue from outpatient services may represent avenues to avoid financial distress.

The general objective of this dissertation was to assess the relationship between financial management practices and the financial performance of private insurance companies in Rwanda. It was guided by the following specific objectives which are to assess the impact of financial management practices on return on investment (ROI) of insurance companies in Rwanda; to examine the impact of financial management practices on return on assets (ROA) of insurance companies in Rwanda and to find out the impact of financial management practices on return on equity (ROE) of insurance companies in Rwanda. The research design used a descriptive causal approach to research that takes cross-sectional data into account and helped the researcher to use the questionnaire and documentary review the primary data collection tool and the secondary data collection analysis, respectively. For the first objective, the study shows that an adjusted R square of 44.8% of ROI of private insurance companies in Rwanda is attributed to a combination of the four factors independent factors (fixed assets management, accounting information system, financial reporting analysis, and capital structure management) used by private insurance companies in Rwanda. For the second objective, the findings revealed that an adjusted R square of 80.9% of return on assets of private insurance companies in Rwanda is attributed to a combination of the four factors independent factors (fixed assets management, accounting information system, financial reporting analysis, and capital structure management) used by private insurance companies in Rwanda .For the third objective, the findings revealed that an adjusted R square of 36.8% of return on equity (ROE) of private insurance companies in Rwanda is attributed to a combination of the four factors independent factors (fixed assets management, accounting information system, financial reporting analysis, and capital structure management) used by private insurance companies in Rwanda. The study concluded that working capital management, capital structure management, financial reporting analysis and accounting information system, play significant positive effect on financial performance of private insurance companies in Rwanda while fixed asset management have negative effect on the financial performance of private insurance companies in Rwanda. The study is recommending insurance companies’ management to implement recommended steps considered as possible ways to ensure improvement of their financial management practices for better financial performance. Key words: Financial management practices, financial performance, insurance companies, Rwanda

The main aim of this research is to implement an application of the management models; micro, small, and medium-sized enterprises based on economic potential. The research applies a qualitative descriptive approach and the Analytic Hierarchy Process (AHP). This research has taken place at Bone Bolango Regency, Sulawesi, Indonesia. The result of the study shows that variable human resources and production operation are effective other three variables’ marketing, financial management, and institution are shows not that effective yet through the management model. This research finding shows that these fish farming enterprises have several challenges but through ability mind set increasing networking (AMIN) strategy, which is an effort in increasing the capacity and the ability of the businessmen in managing the productions, operational, administration management, financial and digital modernizations, and marketing network that will factually implicate in increasing the Micro, Small, and Medium-Sized Enterprises’ performance.

This community development activity aims to provide education on business financial management to street vendors at Pasar Raya in Salatiga City. During the Covid-19 pandemic, the government implemented regulation on Community Activity Restrictions, which resulted in the Pasar Raya being empty of visitors, resulting in a drastic drop in sales for street vendors. Most street vendors do not understand business financial management and have a debt to meet their primary needs. Education is carried out by identifying problems, formulating approach methods, planning work procedures, and conducting business financial management education. In addition, it is also directed to avoid debt on online loans that do not have official permission and get used to saving. After this education is carried out, street vendors better understand business financial management, will no longer be in debt on online loans that do not have official permits, try to save money to become bankable business actors for business continuity in the future.

Purpose This paper presents a review of research methodologies used in addressing problems in the financial management of property and construction journals from 2005 to 2020. Design/methodology/approach Content analysis of 258 research papers published in the Journal of Financial Management of Property and Construction was carried out, enabling the exploration of research approaches, epistemology, strategies, data collection and data analysis methods used in addressing problems researched in the area of financial management of property and construction Findings The findings show that quantitative approaches and methods dominate, whereas qualitative and mixed methods were prominent in-depth understanding of a topics were needed. Interestingly, almost a third of the publications did not adopt quantitative approaches. In some journal issues, there was relatively high use of qualitative and multi-method approaches and up to 12% of the articles published over the past 16 years could be described as based on pragmatism. Research limitations/implications An important implication of this paper is that a conventionally number-based area of research does not preclude the use of qualitative and mixed approaches. The findings are only generalisable to the Journal of Financial Management of Property and Construction. Practical implications Financial management researchers could benefit greatly by considering pluralistic approaches more in the design of their studies. Originality/value To the best of the authors’ knowledge, this study is an original synthesis of the articles published between 2005 and 2020. It provides new insight into the use of research methodologies by authors and how they have been combined to address their research problems. It further investigates an old issue or question about methodological choice-making using new evidence and original empirical work.

Poverty is a condition in which people and communities lack the resources and basic elements necessary for a minimum standard of living. Poverty means that the level of income from employment is too low to meet basic human needs. Poor individuals or families are likely not to have sufficient housing, clean water, healthy diet, and health care. This paper examines the concept of poverty from the perspective of local actors. The study made use of a qualitative approach to data gathering and analysis. The data discussion revealed that participants interpreted poverty to mean lack of money to meet basic human needs such as food, shelter, clothing, transportation, etc. It was also understood as one’s inability to meet desired goals. Among other interpretations, death was seen as the highest form of poverty. Lack of formal education and employment opportunities, the unwillingness of some local actors to work, the disadvantaged position of women, and early childbirth were seen as the main causes of poverty. In dealing with poverty, participants suggested the creation of employment opportunities by the government of Ghana and other private agencies. Acquiring formal education and practicing good financial management were also seen as key to alleviating poverty. The study concludes that poverty is collective among the indigenes, hence has huge social connotations, covertly and overtly.

This study explains the influence and causal relationship between exogenous and endogenous variables based on the research framework. The population in this study is the employees of the Regional Secretariat of the Provinces of South Sulawesi and West Sulawesi, with a total of 40 respondents who are used as research samples, and the analysis was performed by multiple linear regression. This study found that education and training, organizational culture, facilities and infrastructure, and regulations simultaneously significantly influence financial management performance.

PurposeThis study aimed to assess the impact of psychological beliefs (subjective financial knowledge, financial attitude and locus of control) on financial well-being, as well as the mediating role of financial behaviour in the relationship between psychological beliefs and financial well-being among working adults in Malaysia.Design/methodology/approachA survey-based questionnaire was used to elicit information from a total of 500 working adults from Malaysia. Partial least squares structural equation modelling (PLS-SEM) was used to assess the measurement model and the proposed mediation model.FindingsThe results showed that subjective financial knowledge, financial attitude and locus of control have a positive impact on both financial behaviour and financial well-being. The results also showed that financial behaviour mediates the relationships between financial attitude and financial well-being, as well as between locus of control and financial well-being.Originality/valueGiven the anticipated global economic recession, a better understanding of how individuals manage their finances becomes ever more crucial. The findings from this research inform policymakers, practitioners and academics on the importance of psychological factors and financial management practices on financial well-being, addressing an identified gap in the current literature.

Micro, Small and Medium Enterprises have a significant contribution to the economy in Indonesia, but a phenomenon that often occurs is the problem of business actors who do not use financial reports in running their business but their business is still running, this study aims to find out how the financial intelligence of small entrepreneurs in managing finances his efforts.This research is a qualitative research, data collection techniques are carried out by observation, interviews, and documentation studies. Selection of informants using purposive sampling method based on the criteria that the informants are small entrepreneurs who have run their business for at least 5 years and do not make financial reports.The findings of this study indicate that the importance of financial intelligence in the financial management of micro, small and medium enterprises (MSMEs) is considered to be still poorly understood by entrepreneurs and still lacks understanding of financial reports. Small and medium entrepreneurs are still working on bookkeeping to the extent of recording income and expenses. As a result, the company's net income and income tax estimates are difficult to know. This becomes a difficulty for many small entrepreneurs to determine a business development strategy.

The purpose of this study was to determine whether the effectiveness of operational audits, internal control and professionalism of financial management personnel had an effect on the quality of hospital financial reports. This research is a causal comparative study with a quantitative approach. The data used in this study are primary data through answers to questionnaires from research respondents. Respondents of this study were financial management officers of Bengkulu hospital. To obtain data, field research techniques is used with documentation, namely collecting secondary data such as books, literature, leaflets and archives relating to the object of research, interviews to strengthen the arguments of the authors and distributing questionnaires. All data presentation and analysis used in this study used the assistance. For testing the questionnaire used analyzes of validity tests, reliability tests, classical assumption tests consisting of normality test, multicollinearity test and heteroscedasticity test. The results of this study indicate that the effectiveness of operational audits, internal control and professionalism has a significant effect on the quality of hospital financial reports.

Micro, Small and Medium Enterprises (MSMEs) in Indonesia are one of the priorities in national economic development. MSMEs provide the largest contribution to the trade sector as much as 46.17% with a workforce distribution of 31.81% which is one of the economic drivers of the people and supporters of the Indonesian economy. In business, decision making must be rational and based on available information. This shows that the importance of the level of knowledge related to information as well as qualified human resources to make good decisions. This research design is descriptive and quantitative. This research was conducted at Micro, Small and Medium Enterprises which are active in Lhokseumawe City. Statistical analysis shows that financial literacy, human resource competence and information technology have a significant effect on the financial management of Micro, Small and Medium Enterprises in Lhokseumawe City. The results of this study provide useful information and valuable insights for MSMEs and can find out the magnitude of the role of financial literacy, human resource competence, technology and financial management in maintaining or developing a business, so as to increase innovation and be proactive in managing MSMEs so that they are able to face competition.

Public Finance Management Systems are generally used in the management of finance in the public sector. Although government is not necessarily a profit-making enterprise, sound financial performance is crucial to ensure the right services are rendered to the citizens as is required. Contextual investigations of progressively effective nations demonstrate that variables supporting fruitful execution of financial performance goals emanate from the significant specialists to budgetary change goals. The general objectives of this study was to assess the impact of integrated financial management information system implementation on financial performance in Trans Nzoia county, Kenya The specific objectives were; to establish the effect of IFMIS implementation on financial performance in Trans Nzoia County, to examine the benefits realised from IFMIS implementation on financial performance in Trans Nzoia County, to determine the challenges faced in the IFMIS implementation on financial performance in Trans Nzoia County and to investigate the level of awareness and satisfaction of the public about the IFMIS Implementation on financial performance in Trans Nzoia County. The study is anchored on technology acceptance Model, theory of budgeting and cost reduction theory. Data was examined by descriptive statistics such as mean, mode and median. The study also used inferential statistics such as regression and Pearson’s correlation coefficient. The results were statistically presented in forms of frequency distribution tables, charts and bar graphs. The SPSS (version 17) computer software was employed for analyzing data. The study found IFMIS to a great extent, is applied in Trans Nzoia County and there is huge enhancement for duty control and decreased change between spending arrangement and discharges. The greater part of the destinations of IFMIS have been accomplished including upgrading straightforwardness and responsibility, improving public use the executives, encouraging monetary control and limiting dangers. It was uncovered that, through IFMIS, Trans Nzoia County has had the option to build up useful institutional courses of action, create legitimate and administrative system, guarantee rivalry in offering and bolster inward control and responsibility control. The study concluded that there is in this way need to have limit assembling and improved terms of administration for public officials. The utilization of universal measures and strategies in macroeconomic examination, planning, bookkeeping, obtainment, and review requires talented staff that can apply new techniques in proficient way. Presentation of IFMIS and other mechanized framework requires explicit aptitudes and preparing for public officials.

With the advent of the era of big data, Internet of things technology and wireless communication technology have been in a state of rapid development. Opportunities and challenges in all walks of life are being subverted. Financial management, as the foundation of corporate governance, is important for improving economic efficiency and achieving sustainable business development which plays an important role. In order to realize the management and classification of financial big data, better identify the financial data of different enterprises, strengthen the safe storage of financial information, and provide early warning for the security issues involved, this article is based on the Internet of things and wireless communication networks. In the method part, this article introduces the framework of the Internet of things, Bluetooth, and infrared data transmission in wireless network communication and the principles of financial big data. The algorithm introduces a single-user MIMO system, free space propagation, and spectrum and energy efficiency. The analysis part analyzes the spectrum efficiency of different algorithms, social utility, average number of retransmissions, comprehensive scores of competitiveness in various fields of the Internet of things, and the significance of financial indicators. By comparing the data, it can be seen that the algorithm in this paper is superior to the two algorithms of IAN-CoMP and IA-CoMP. When the number of users is 100, the social utility of the algorithm in this paper is 4.45, while IAN-CoMP is 3.43 and IA-CoMP is 3.67. When the number of users increases to 700, the social utility of the algorithm in this paper is 28.34. The other two algorithms are, respectively, 24.45 and 25.99, and we know that the social utility of the algorithm in this paper is the best. Through comprehensive analysis, it is concluded that the financial big data model based on the Internet of things and wireless network communication in this paper can better realize data management and collection, so as to meet the needs of information developers.