• Title/Summary/Keyword: financial preparation

Search Result 174, Processing Time 0.029 seconds

A Framework for Enterprise Information Supply Chain Using XBRL Web Services (XBRL을 활용한 기업정보공급사슬의 웹서비스 구현방안에 대한 연구)

  • Jung, Chul-Yong
    • The Journal of Information Systems
    • /
    • v.15 no.4
    • /
    • pp.247-268
    • /
    • 2006
  • We introduce about XBRL, eXtensible Business Reporting Language, which is widely accepted as the international standard language for business financial reporting. XBRL is a language for the electronic communication of business and financial data which is revolutionizing business reporting around the world. It provides major benefits in the preparation, analysis and communication of business information. It offers cost savings, greater efficiency and improved accuracy and reliability to all those involved in supplying or using financial data. XBRL is a kind of XML application based on the open Internet technologies. We propose a framework for enterprise information supply chain using XBRL Web services. A Web service is defined as a software system based on XML and designed to support interoperable machine-to-machine interaction over a network by the W3C. Web services are frequently just application programming interfaces (API) that can be accessed over a network, such as the internet and executed on a remote system hosting the requested services. An XBRL Web service-based enterprise information supply chain enables for companies to implement seamless information supply chains from businesses to financial institutions, to supervisory authorities, and to other stake holders for real time information access. And thereby it is expected to contribute to the increase in the value of companies due to the enhanced visibility and transparency of accounting and management.

  • PDF

Old Age Preparation and Life Satisfaction by Income Levels (중장년층의 소득계층별 노후준비와 삶의 만족도)

  • Jung, Joowon;Cho, So Yeon
    • Journal of Family Resource Management and Policy Review
    • /
    • v.19 no.4
    • /
    • pp.19-33
    • /
    • 2015
  • The purpose of this study is to explain. It also examines and compares factors influencing life satisfaction among the middle-aged at various income levels. The data source for this study was the third additional wave and the fourth wave of the Korean Retirement and Income The study sample consisted of 1,723 middle-aged (age 50-64) individuals. The data analysis methods included the chi-square test, ANOVA, and multiple regression analysis. The results were as follows. First, there was a positive relationship between old age preparation and life satisfaction. Second, it was found that old age preparations (physical, emotional, social, financial) and life satisfaction show meaningful relationships among the income levels. Third, old age preparation was found to have different meaningful impacts on life satisfaction among the income levels. The results of this study verify the degree of the relationship between old age preparation and life satisfaction and the different impact factors relating to old age preparation for life satisfaction among the income levels.

A Descriptive Study of Korean-Japanese High School Students' Financial Literacy (재일본 한국 고등학생의 금융이해력 분석)

  • Hahn, Kyung Dong
    • International Area Studies Review
    • /
    • v.16 no.1
    • /
    • pp.75-98
    • /
    • 2012
  • This study seeks to address concerns, such as measurement and analysis in financial literacy, and also offers comparative evidence of financial literacy among Korean-Japanese, Japanese and Korean high school students. A robust measure of financial literacy amongst young people will provide information that can indicate whether the current approach to financial education is effective. Comparative results could be summarized as follows: First, the mean percentage of correct answers in a Korean school in Tokyo was lower than that in Japan, Korea, and U.S. Second, in income, saving & investing, spending & credit areas, Japanese students were more literate financially than those in the U.S., Korea, and a Korean school in Tokyo. And, in money management area, Korean students had higher score than those in the U.S., lower than those in Japan. Third, while the financial literacy in academic preparation was the highest area, that in household management was the lowest among other areas for all studies in Japan, Korea, U.S., and a Korean school in Tokyo.

Development of Premarital Preparation Evaluation Scale (결혼준비도 척도 개발 연구-기혼 남.녀를 중심으로)

  • 김혜선;신수아
    • Journal of the Korean Home Economics Association
    • /
    • v.40 no.3
    • /
    • pp.41-53
    • /
    • 2002
  • The purpose of this study was to develop a scale for evaluation of premarital preparation. The subjects were 412 married couples(196 males and 216 females) who had been married for 1-37ears. They were selected from Seoul, Incheon, Daejeon, Gwangju, Pusan, and DaeGu. The questionnaire was composed of 82 items. The data was analyzed by frequencies, percentages, factor analysis, Pearson's r, and Cronbach'$\alpha$. The major findings were as followings; 1. The 54 items of 82 items scale were selected through item discriminant method. The discriminant coefficients of the items(Cromer's V ranged from .33 to .68. 2. The 7 factors that were extracted from the factor analysis explained 42% of premarital preparation. The subscales were labelled as rearing child$.$financial management role division, maturity, understanding each other$.$love$.$sex, views about marriage, understanding his/her family and friends, capacity of communication and conflict resolution, and independence from parents. The criterion validity of this scale was assessed by the correlation between this premarital preparation scale and marital stability. All coefficients were significant(ranged from r=.10 to .44, p<.01, p<.001). 3. The internal consistency of this scale was acceptable(Cronbach's $\alpha$=.91).

A Security Reference Model for the Construction of Mobile Banking Services based on Smart Phones

  • Shin, Yong-Nyuo;Shin, Woo-Chang
    • International Journal of Fuzzy Logic and Intelligent Systems
    • /
    • v.11 no.4
    • /
    • pp.229-237
    • /
    • 2011
  • As smart phones have become widely adopted, they have brought about changes in individual lifestyles, as well as significant changes in the industry. As the mobile technology of smart phones has become associated with all areas of industry, it is not only accelerating innovation in other industries such as shopping, healthcare service, education, and finance, but is also creating new markets and business opportunities. The preparation of thorough security measures for smart phones is increasing in demand. While offering excellent mobility and convenience, smart phones can be exposed to a range of violation threats. In particular, it is necessary to make efforts to develop a security system that can preemptively cope with potential security threats in the banking service area, which requires a high level of reliability. This paper suggests a security reference model that is considered for the smart phone-based joint mobile banking development project being undertaken by the Bank of Korea in 2010. The purpose of this study is to make a security reference model for a reliable smart phone-based mobile financial service, by recognizing the specific security threats directed toward smart phones, and providing countermeasures to these security threats. The proposed mobile banking security reference model is useful in improving system security by systematically analyzing information security threats to the mobile financial service, and by presenting the guideline for the preparation of countermeasures.

Effects of the Work Satisfaction and Quality of Life of the Middle-aged Workers on Retirement Preparation (중년층 직장인의 직무만족과 삶의 질이 은퇴준비에 미치는 영향)

  • Hong, Ryung Kee;Lim, Wang-Kyu
    • Journal of Digital Convergence
    • /
    • v.12 no.11
    • /
    • pp.33-48
    • /
    • 2014
  • The purpose of this study was to investigate the relationships among the work satisfaction and quality of life with retirement preparation of middle-aged workers. Data from 283 subjects were collected and analyzed. The findings are as follows. First, people with higher quality of life tend to care more on health planning. Second, financial planning has nothing to do with quality of life, whereas self-respect has a positive effect on all the other indicators for retirement preparations except financial planning. Third, retirement preparations has not been affected by work satisfaction. The theoretical and practical implications of the findings were discussed and the directions for future research were suggested.

Relationship between Financial Development and Growth: Focusing on the Effect of Industry Dependence on External Finance and Industry Growth Opportunities (한국의 금융 발전이 성장에 미친 영향: 외부금융의존도와 성장기회 경로가 한국의 산업 성장에 미치는 미시적 효과를 중심으로)

  • Hwang, Yoon-Jin
    • The Journal of the Korea Contents Association
    • /
    • v.14 no.4
    • /
    • pp.346-354
    • /
    • 2014
  • This study aims to analyze the effects of economic development on financial development associated in industry dependence on external finance or industry growth opportunities. The macro and microeconomic empirical results are as follows: (1) financial development play an important role in economic development, (2) especially, financial development related in industry growth opportunities is the critical and important factor in industrial development, (3) the relationships between industry dependence on external finance and industrial development are different depending on the model or the analysis period. These results mean following. First, Leading financial strategy preparation need for industrial development. Second, It is important the effort to catch well-timed industry growth opportunities.

Study on Financial Preparation for Aging and Life Satisfaction of Single Household : Comparing Single to Married Household (1인 가구의 경제적 노후준비와 삶의 만족도 연구 : 미혼과 기혼 비교를 중심으로)

  • Seo, Myoung-Hee;Kim, Yeoung-Hee;Lee, Hyun-Ok
    • The Journal of the Korea Contents Association
    • /
    • v.17 no.1
    • /
    • pp.718-727
    • /
    • 2017
  • The purpose of this study is to analyze the effects of the financial preparations for aging on the life satisfaction of single households are different according to their experiences of having been married or not, and thereby to suggest an alternative policy which differenciate single households with their exposure to married life from those without their exposure to married life. The analyzed data is based on social statistics in 2015 of the Statistics Korea, with 4,406 people, over 30, who are either never married singles or married but divorced or bereaved singles. Finding are, first, there was a statistically significant difference in financial preparations for aging between unmarried single households and married, and unmarried single households are more prepared than married ones. Second, life satisfaction of unmarried single households was higher than married ones. Third, the effects of the financial preparations for aging on the life satisfaction were shown from both groups, and married single households were more sensitive to the effect of financial preparations for aging on the life satisfaction.

Life Stage Preparation Program in an Aged Society (고령사회를 대비한 노년준비교육 프로그램에 관한 연구)

  • Kim, Byung-Sook;Yang, Ok-Nam;Kang, In;Han, Eun-Joo;Won, Mihee
    • 한국노년학
    • /
    • v.25 no.2
    • /
    • pp.229-244
    • /
    • 2005
  • Korea is expected to become an "aged society" in approximately fifteen years. In order to prepare Korean society for this "aged society", the government and social organizaitons need to offer a life stage preparation manual for the young, middle-aged, and aging populations, as well as providing support structures to guide them through this transition. Researchers have developed a Life Stage Preparation Program, based on surveys and experiments conducted to assess needs and appraise effectiveness. To accomplish the goal of this research, the team has been composed of specialists from the fields of social welfare, family studies, occupational studies, and gerontology. The Life Stage Preparation Program consists of ten areas: understanding ageing issues, sustaining and improving health, psychological issues, continuing education, family relations, social activities, financial preparation, occupations, shelter, and mortality. The effectiveness of the program surveyed on age group of 20s and 60s resulted in nine areas. The Life Stage Preparation Program needs to be operated as a life long education program.

The necessity of developing various convergence financial services in preparation for the aging (고령화에 대비한 다양한 융복합 금융 서비스 개발의 필요성)

  • Choi, Jeong-Il;Ahn, Chang-Yong
    • Journal of Digital Convergence
    • /
    • v.13 no.4
    • /
    • pp.137-146
    • /
    • 2015
  • The aging process in this country is underway at the fastest pace compared to those of the leading countries. On the other hand, preparing for retirement funds is more difficult than before due to the impact of slow interest rate and slow growth. The purpose of this study is to examine the necessity of providing various financial services in preparation for the future aging era. After analizing the various materials and utilizing a survey of the bank employees and the general public, we have found the followings. The replacement rate of this country, 55%, is much lower than the suggested level of World Bank, 75%. Also, the pension ratio in the income after retirement of this country is much lower compared to those of the States and Japan. The most people who participated in the survey needed ₩2,000 - ₩2,990 thousand for monthly living expenses after retirement. For the retirement funds, the higher the age the higher proportion of savings deposits they want, and the lower the age the higher proportion of insurance and pension products they want. Based on these analyses, the necessities of developing financial life planning which includes both financial and non-financial sides, retirement funds management according to age, revitalization of housing pension and developing diverse retirement funds are suggested.