scholarly journals ANALISIS PENCATATAN DAN PELAPORAN KEUANGAN PADA SATUAN KERJA PERANGKAT DAERAH (SKPD) BERDASARKAN PERMENDAGRI NOMOR 64 TAHUN 2013 DI PEMERINTAH KOTA MANADO

2016 ◽  
Vol 11 (2) ◽  
Author(s):  
Desriani N. Tarigan ◽  
Lidia M. Mawikere
Keyword(s):  
Local Government ◽  
Financial Reporting ◽  
Quantitative Data ◽  
Financial Statements ◽  
Relevant Information ◽  
Fiscal Year ◽  
Accounting System ◽  
Qualitative And Quantitative ◽  
Financial Position ◽  
Descriptive Method

Local Government financial statements are prepared to provide relevant information about the financial position and all transactions carried out by the Local Government during the reporting period. The purpose of this study was to determine whether SKPD Badan Pelaksana Penyuluhan dan Ketahanan Pangan Manado City has been taking notes and preparing financial reporting by Regulation No. 64 of 2013. The analytical method used is descriptive method with qualitative and quantitative data collection in order to understand the data. The results showed SKPD Badan Pelaksana Penyuluhan dan Ketahanan Pangan Manado City in Fiscal Year 2015 to apply accrual accounting system based on Regulation No. 64 Year 2013. Keywords: Analysis, Recording, Reporting, Finance

Fund accounting and government-wide financial reporting during the Pre-IPSAS implementation era from a Nigerian experience

2020 ◽  
Vol 32 (3) ◽  
pp. 339-358
Author(s):  
Christopher Enyioma Alozie
Keyword(s):  
Information Asymmetry ◽  
Financial Reporting ◽  
Financial Statements ◽  
Accounting System ◽  
Accrual Accounting ◽  
Public Funds ◽  
Content Type ◽  
Financial Position ◽  
Fund Accounting ◽  
Fund Balances

PurposeThis paper assessed accuracy level in accounting for government funds in Nigeria's federal treasury and their faithful presentation in government financial reporting. It aimed to determine whether the reported annual balances in Nigeria's financial reporting were reliable or otherwise. Data used in analysis were obtained from secondary sources from federal treasury.Design/methodology/approachEx-post “facto” analysis method was adopted in the study involving the use of statistical techniques of absolute or aggregate mean percentage error derived from differences between recomputed and published fund balances and was employed. This was augmented with interactive review meetings of the initial case research report with the management of Nigeria's audit agency.FindingsResults distilled from the consolidated revenue fund (CRF), development fund and public debt show that recomputed values were greater than the fund balances in the gazetted financial statements. Results for contingency fund (CTF), federation account fund (FAF), special trust fund (STF) and sundry deposit fund yield equal figures and accurate. The paper concludes that there were serial understatements of the core public fund balances in the financial statements over the years. This trend of reporting incorrect in three core public funds in financial statements rendered Nigeria's financial position unreliable in the affected years for decisions. It also facilitated frauds, mismanagement of funds and corrupt practices.Research limitations/implicationsThe scope of the research is restricted to assessment of degree of accuracy in fund accounting, faithful representation of the respective fund balance in the liabilities side of FGN balance sheet and the reliability of the financial position. But, it did not consider or cover the implementation of International Public Sector Accounting Standards (IPSASs) in federal treasury since FGN had not issued any full IPSAS–oriented financial statements as on 2015.Practical implicationsIdentification of deficiencies in fund account balances, structural defects in fund accounting and acts of understatement of carrying balances in CRF and capital development fund (CDF) implies that the aggregate core fund liabilities reported in financial statement of government entities without corresponding assets do not actually reflect a true and fair financial position in some countries. It reveals remarkable degree of financial information asymmetry in government financial reporting. Illusionary fund accounting has direct linkage to poor fiscal governance in many sovereign with associated sub-optimal delivery of public goods and service level distress syndrome in many economies; lead to poverty, unemployment, crisis and macroeconomic disturbances.Social implicationsThe study contributes to the development of fund accounting system; strengthening government financial reporting architecture and practices. It provides framework for tracking financial information asymmetry in government financial reporting and mismanagement of public funds. It provides platform to effect necessary adjustment (correction) during the “first time 3-year adoption” adjustment window in Nigeria. Flowing from the findings, it advocates for institutionalization of government fund accounting standards and provides evidence for migration to accrual accounting system in countries that have not already implemented it. Evaluation system developed herein will improve fund management in federal treasury and contribute to efficient public financial management, good governance and enhance development of public accounting practice.Originality/valueThis exploratory empirical research is the one to ever evaluate accuracy level of fund accounting in sovereign entities and faithful representation in government's financial position prior to implementation of accrual accounting and financial reporting. The study established substantial level of illusionary accounting for public funds and information asymmetry in published government's financial reporting. It is necessary to rectify these discrepancies in fund accounting and financial reporting prior to and or during the first three years of the IPSAS transition implementation programme. These research deliverables provide adopters with relevant data for adjustment accounting during the transition period in strengthening public financial reporting in order to realize the benefit of full IPSAS accrual accounting.

scholarly journals The Effect of Regional Income, Leverage, Regional Property on Internet Financial Reporting Disclosure

2021 ◽  
Vol 19 (1) ◽  
pp. 30-47
Author(s):  
Cindy Gustiara Iszardani ◽  
Pancawati Hardiningsih
Keyword(s):  
Local Government ◽  
Financial Reporting ◽  
Financial Statements ◽  
Fiscal Year ◽  
Regional Government ◽  
Financial Reports ◽  
Web Based ◽  
Local Revenue ◽  
Central Java ◽  
The Government

This study aims to analyze the effect of local revenue, leverage, local government wealth on the disclosure of web-based local government financial statements. The population and sample of this study are the regional government financial reports of Central Java Province which consist of 29 districts and 6 cities for the 2015-2018 fiscal year which have been audited by the BPK. The analysis method uses a multiple regression panel data model with the Eviews 9 application. The results of this study indicate that local revenue and general allocation funds have a significant positive effect on the disclosure of web-based local government financial reports. However, the wealth of the local government in turn has a negative effect on the disclosure of web-based local government financial reports. Meanwhile, leverage has no effect on the disclosure of web-based local government financial statements. The results of this study can be used as a consideration for the government informing regulations, rewards, and sanctions in order to increase the transparency of digital financial reports.

scholarly journals Fourth Quarter Earnings Volatility: Case of Firms Listed in DFM

2019 ◽  
Vol 9 (4) ◽  
pp. 351
Author(s):  
Nadia Sbei Trabelsi
Keyword(s):  
Conceptual Framework ◽  
Financial Reporting ◽  
Emerging Market ◽  
Accounting Standards ◽  
Direct Consequence ◽  
Financial Statements ◽  
Relevant Information ◽  
Fourth Quarter ◽  
Fiscal Year ◽  
Financial Reports

Mandatory disclosure of quarterly financial reports for publicly traded companies, in the majority of jurisdictions around the world, is the direct consequence of applying “timeliness” as presented in the Conceptual Framework for Financial Reporting (the conceptual framework) developed jointly in 2010 by the International Accounting Standards Board (IASB) and the Financial Accounting Standards Board (FASB). Having relevant information available sooner would improve its capacity to influence decisions. However, the interim reports are not required to be audited. In UAE, companies whose securities are listed on a securities and commodities market licensed by the Securities and Commodities Authority (SCA) are required to notify and provide interim financial reports, which are reviewed by the external auditor of the company. The objective of this paper is to analyze, in UAE, the volatility of the fourth-quarter earnings compared with the previous three. This study includes four years (2012-2015) of quarterly financial statements of firms listed in Dubai Financial Market (DFM). In order to determine if interim results are suspect, the paper analyzes the magnitude of differences in fourth quarter earnings and revenues relative to the first three quarters by using the Kiger’s 1974 methodology. Overall, results indicate that the volatility of earnings and revenue in the fourth quarter is significantly higher than those of the first three quarters. This main finding would be explained by the necessary adjustments to the fourth quarter earnings and revenues in order to correct the estimation. In fact, the quarterly financial statements require the use of more estimates than those prepared at the end of the fiscal year. This research would contribute to better understanding the quality of interim reports in an emerging market context.

scholarly journals Mekanisme Pelaporan Keuangan di Badan Pengelolaan Keuangan Daerah (BPKD) Kabupaten Subang

2020 ◽  
pp. 66-84
Author(s):  
Yuyun Yuniarsih
Keyword(s):  
Local Government ◽  
Financial Reporting ◽  
Financial Management ◽  
Negative Impact ◽  
Financial Statements ◽  
Government Agency ◽  
Regional Office ◽  
Management Agency ◽  
Financial Position ◽  
Financial Management System

Badan Pengelolaan Keuangan Daerah (BPKD) kabupaten Subang merupakan badan pemerintah yang bergerak dibidang pengelolaan keuangan pemerintahan daerah kabupaten Subang. Laporan keuangan adalah media yang paling penting untuk menilai kinerja, kondisi ekonomi dan prestasi perusahaan/instansi. Laporan keuangan merupakan hasil akhir dari proses akuntansi yang memberikan gambaran tentang keadaan posisi keuangan, hasil usaha, serta perubahan dalam posisi keuangan suatu perusahaan/instansi pemerintah. Administrasi keuangan adalah pengelolaan yang meliputi segala aktivitas yang berkaitan dengan keuangan dan pencapaian tujuan sebuah organisasi perusahaan maupun instansi pemerintah. Sumber keuangan di Badan Pengelolaan Keuangan Daerah (BPKD) kabupaten Subang berasal dari Anggaran Pendapatan dan Belanja Daerah (APBD). Pihak yang mempunyai tugas melaksanakan pengelolaan APBD adalah Kepala Satuan Kerja Pengelola Keuangan Daerah (SKPKD) dan bertindak sebagai Bendahara Umum Daerah (BUD). Berdasarkan Peraturan Daerah Kabupaten Subang Nomor 72 Tahun 2016 tentang Organisasi dan Tata Cara Dinas Daerah di Lingkungan Pemerintah Kabupaten Subang, telah di bentuk Satuan Organisasi Tata Kerja baru bernama Badan Pengelolaan Keuangan Daerah Kabupaten Subang adalah unsur pelaksana Pemerintah Daerah di bidang Pengelolaan Keuangan Daerah dan mempunyai tugas pokok melaksanakan sebagian kewenangan daerah dibidang Pengelolaan Keuangan Daerah sesuai dengan Peraturan Perundang-undangan yang berlaku dan berdasarkan kebijakan yang di tetapkan oleh Bupati. Pelaporan keuangan di Badan Pengelolaan Keuangan Daerah (BPKD) Kabupaten Subang mengacu pada peraturan Bupati Subang diantaranya Peraturan Nomor 37 Tahun 2015 tentang Sistem dan Prosedur Pengelolaan Keuangan Daerah Pemerintah Kabupaten Subang. Penulis menemukan masalah di Badan Pengelolaan Keuangan Daerah (BPKD) ini dalam segi pelaporan keuangannya, sering terjadi keterlambatan pada Laporan Pertanggung Jawaban (LPJ). Hal ini menghambat proses laporan keuangan, yang tentunya berdampak tidak baik pada Kantor Dinas tersebut. Didalam peraturan Bupati Subang Nomor 37 Tahun 2015 tentang sitem dan prosedur pengelolaan keuangan daerah pemerintah Kabupaten Subang, pada Bab V bagian kesatu paragraf 5 pasal 260 mengenai Laporan Keuangan Entitas Akuntansi.Bab V bagian kedua pasal 269 mengenai Sistem dan Prosedur Penyusunan Laporan Keuangan Entitas Pelaporan.   Regional Financial Management Agency (BPKD) Subang district is a government agency engaged in financial management local government district Subang. The financial statements are the most important medium for assessing the performance, economic conditions and achievements of the company / agency. The financial statements are the end result of the accounting process which provides an overview of the state of the financial position, results of operations, and changes in the financial position of a company / government agency. Financial administration is the management that covers all activities related to finance and the achievement of the goals of a corporate organization or government agencies. Financial resources at the Regional Financial Management Agency (BPKD) Subang district comes from the Regional Revenue and Expenditure Budget (APBD). The party who has the task of implementing the APBD management is the Head of the Regional Finance Management Unit (SKPKD) and acts as the Regional General Treasurer (BUD). Based on Subang Regency Regulation No. 72 of 2016 on Organization and Procedures of Regional Office in Subang Regency Government, has been in the form of new Working Organization Unit named Regional Financial Management Agency Subang District is the implementing element of Local Government in the field of Regional Financial Management and has a duty principal exercise of some regional authorities in the field of Regional Financial Management in accordance with applicable Laws and Regulations and based on the policies set by the Bupati. Financial reporting in Regional Financial Management Agency (BPKD) Subang Regency refers to the regulation of Subang Regent such as Regulation No. 37 of 2015 on Financial Management System and Procedure Subang Regency Government. The author finds problems in the Regional Financial Management Agency (BPKD) in terms of financial reporting, often a delay in the Report of Accountability (LPJ). This inhibits the process of financial statements, which certainly has a negative impact on the Office. In the regulation of the Subang Regent No. 37 of 2015 on the system and procedures for financial management of the Subang Regency government, in Chapter V, the first part of paragraph 5 of Article 260 concerning the Accounting Firm's Financial Statements.Chapter V of Article 269 on the Reporting Entity Reporting System and Procedures

scholarly journals ANALISIS PENCATATAN DAN PELAPORAN ASET TETAP PADA PEMERINTAH KABUPATEN KEPULAUAN SANGIHE TAHUN 2011 (STUDI KASUS PADA DINAS PPKAD SELAKU SKPKD)

2013 ◽  
Vol 2 (1) ◽  
pp. 42
Author(s):  
Deasy Anastasia Mogi ◽  
Jenny Morasa
Keyword(s):  
Local Government ◽  
Financial Management ◽  
Government Regulation ◽  
Accounting Standards ◽  
Financial Statements ◽  
Fiscal Year ◽  
Accounting System ◽  
Government Accounting ◽  
Fixed Assets ◽  
The Government

Local governments are reguired to make accountability reports that use accounting system that is set by the central government in the form of law – laws and regulations that are binding on all Government local government. Therefore, each Regional Financial Management Unit  ( SKPKD )  must prepare its financial statements based on the government regulation number 24 of the Minister of home affairs Number 59 year 2007, which is an amandement to Permendagri N0. 13 year 2006 on guidelines financial Management.The research was conducted in Sangihe regency, which in this study, analyzed fixed asset Recording and Reporting on Local Government in this case the Departement of finance and revenue management as a Regional Asset SKPKD for fiscal year 2011.The purpose of this study is to analyzed the suitability of the recording and reporting of fixed assets in Sangihe regency government especially the Departement of revenue in the finance and asset management areas as SKPKD to financial statements in  financial report balance Sangihe islanda District government with government regulation No. 24 year 2005 on standards government accounting and No. 13 year 2006 on Regional Financial Management Guidelslines.The study uses a descriptive research design in the form of case studies. Type of data used is quantitative data that figures-figures in the Balance sheet. The author uses the method library research, field surveys, and documentation required for data collection.The results showed that, Sangihe regency government has done the recording and reporting of fixed assets with good, though not fully in accordance with government  Regulation No. 24 year 2005 regarding the Regulation of the minister and the government accounting standards of 2007 because the 2011 financial statements opinion gets no opinion  ( Disclaimer Opinion)  by CPC caused by asset accounting. However, the financial statements have been prepared in time to be used for the users as decision makers and as refence for the preparation of financial statements with fiscal year 2012 and in accordance with government accounting standards.

scholarly journals Transparency of local government in Indonesia

2018 ◽  
Vol 3 (1) ◽  
pp. 123-138 ◽  
Author(s):  
I Made Pradana Adiputra ◽  
Sidharta Utama ◽  
Hilda Rossieta
Keyword(s):  
Local Government ◽  
Financial Reporting ◽  
Local Governments ◽  
Financial Statements ◽  
Political Environment ◽  
Content Type ◽  
Audit Opinion ◽  
Government Response ◽  
Positive Effect

Purpose The purpose of this paper is to provide empirical evidence about the influence of the size of local government, the quality of local government financial statements, the level of local government response to the disclosure of financial information and the local political environment on the transparency of local government in Indonesia. Design/methodology/approach The study sample consisted of 34 regional governments (provinces) in Indonesia in 2016, using purposive sampling and multiple regression analysis. Findings The results showed that the quality of financial reporting through the audit opinion and political environment have a significant positive effect on the transparency of local government in Indonesia. On the other hand, the size of the local government and local government response rate on the regulation do not affect the transparency of local government in Indonesia. Originality/value The agency, legitimacy and institutional theory have an important role in the underlying local government transparency practices in Indonesia. The results of this study should be used as the basis of thought and study to determine the factors that affect the performance of local governments from the financial and non-financial aspects.

scholarly journals PENGARUH SISTEM PENGENDALIAN INTERN DAN SISTEM AKUNTANSI KEUANGAN DAERAH TERHADAP KUALITAS LAPORAN KEUANGAN PEMERINTAH

2017 ◽  
Vol 12 (2) ◽  
Author(s):  
Novtania Mokoginta ◽  
Linda Lambey ◽  
Winston Pontoh
Keyword(s):  
Control System ◽  
Local Government ◽  
Internal Control ◽  
Local Governments ◽  
Financial Statements ◽  
Financial Accounting ◽  
Accounting System ◽  
System Quality ◽  
Internal Control System

Application of Internal Control System and Regional Financial Accounting System in management of local government financial statements is a very important thing. This financial statements of local governments must meet the following characteristics : relevant, reliable, comparable, and understandable.  The purpose this study to examine the influence of the Internal Control System,Regional Financial Accounting System on the quality of goverment financial statements. The population in this study are all working in BPKAD Bolaang Mongondow Utara.  The sample in this study is the staff / employees of the financial part of the respondents were 30 respondents. The samples were selected by using a purposive samplingmethod. Data was collected by distributing questionnaires to the respondents directly concerned. Technical analysis of the data used is multiple regression with SPSS 22. The result showed that : the Internal Control System has a significant effect on the quality of government financial statements and the Regional Financial Accounting System has a positive significant effect on the quality of goverment financial statements.Keywords : Internal Control system, Regional finsncisl accaounting system, quality of goverment financial statements.

scholarly journals Analysis Of Presentation Of Sharia Financial Statements According To Psak 101 At Pt. Mandiri Sharia Bank

2021 ◽  
Vol 2 (4) ◽  
pp. 1175-1183
Author(s):  
Fera Riske Anggita ◽  
Tommy Kuncara
Keyword(s):  
Accounting Standards ◽  
Secondary Data ◽  
Financial Statements ◽  
Relevant Information ◽  
Financial Accounting ◽  
Financial Statement ◽  
Islamic State ◽  
Literature Study ◽  
Financial Position ◽  
Other Information

The presentation of Islamic Financial Statements has been regulated in PSAK 101 and every bank needs to refer to it. As we know, PT Bank Syariah Mandiri is the number 1 largest Islamic bank in Indonesia and other information obtained by researchers, PT Bank Syariah Mandiri will merge with 2 other Islamic state-owned banks, namely PT Bank BNI Syariah and PT Bank BRI Syariah. Therefore, researchers are interested in examining whether the financial statements of PT Bank Syariah Mandiri are appropriate in applying the application of Financial Accounting Standards 101. The types of data used are qualitative and quantitative data, the data used are general company information and company financial statement information in 2019. Sources the data used is secondary data. The data collection method is literature study. In the financial statements of PT Bank Syariah Mandiri, the bank has reported all components of the financial statements in PSAK 101. In the Statement of Financial Position PT Bank Syariah Mandiri does not include the Istishna Assets in Settlement and Salam Receivable accounts in the Statement of Financial Position, but in PSAK 101 Paragraph 61 explains Statement of Financial Accounting Standards 101 does not regulate the composition or format of presentation of statement of financial position items. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position. However, in PSAK 101 Paragraph 61 explaining the Statement of Financial Accounting Standards 101 does not regulate the composition or format of the presentation of the statement of financial position. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position. However, in PSAK 101 Paragraph 61 explaining the Statement of Financial Accounting Standards 101 does not regulate the composition or format of the presentation of the statement of financial position. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position.

scholarly journals Financial statements of banking institutions under IFRS as the main element of accounting

2020 ◽  
pp. 38-40
Author(s):  
Liubov SHEVCHENKO ◽  
Maryna Trokhymivna SHENDRYHORENKO ◽  
Vitaliia LIADSKA
Keyword(s):  
Financial Reporting ◽  
Financial Statements ◽  
International Financial Reporting Standards ◽  
Main Element ◽  
Accounting System ◽  
Reporting Standards ◽  
Important Indicator ◽  
Financial Reporting Standards ◽  
Banking Institutions ◽  
National Bank

The paper consider the stage of preparation, functions and essence of the financial statements of banking institutions, as well as its purpose. It is established that a necessary condition for the operation of each bank is a unique accounting system. The most important indicator that reflects the activities of banking institutions and financial institutions, as well as information of internal and external users for financial decisions is the financial report. Effective bank management depends on the integrity, reliability and reliability of the information provided. The financial statements of each bank reflect the results of activities for the light period. The bank must prepare financial statements in accordance with the requirements of International Financial Reporting Standards and regulations of the National Bank of Ukraine and submit statistical reports on operations, liquidation, solvency, guidance and information. The effective functioning of the bank depends on various factors affecting its financial stability. All bank operations are exposed to risks, so customers, investors and their partners need certain guarantees of return on investment in banks. Especially important in modern conditions is the openness of all market participants, especially credit institutions. This is achieved by complete financial information about their activities. Notice of financial statements, which gives the participant a complete picture of financial stations, the results of its activities at the moment and in the future. Such information is easy to compare with the reporting data of foreign counterparties. The preparation of such reports should be regulated and enshrined in the legislation of Ukraine. However, now we have some discrepancies in the reporting of banks for IFRS in the requirements of the NBU and the requirements of the IFRS Committee. The paper examines the features of the financial statements, which are present banking institution, in accordance with International Financial Reporting Standards Reporting (IFRS) and requirements of the National Bank of Ukraine, differences between these requirements, as well as the benefits of the transition on IFRS for the banking sector and enterprises of Ukraine as a whole together with the problems of implementation in the Ukrainian banking system of International Financial Reporting Standards. The approach to the implementation of IFRS in banking institutions will ensure the creation of a new level of trust in potential partners, as well as attract foreign investment and loans, which will help solve national banking problems.

scholarly journals PELAPORAN AKUNTANSI PADA UMKM CV. CITRA ABADI BATU

2021 ◽  
Vol 2 (1) ◽  
pp. 29-40
Author(s):  
Sri Wahjuni Latifah ◽  
Ahmad Waluya Jati ◽  
Agustin Dwi Haryanti
Keyword(s):  
Financial Reporting ◽  
Accounting Information ◽  
Financial Statements ◽  
Management Decision ◽  
Accounting System ◽  
Materials Management ◽  
Accounting Information Systems ◽  
Management Decision Making ◽  
Accounting Software ◽  
The Right

            Ipteks for the community on the CV.Agro Citra Abadi Batu with the aim of helping partners in order to have a reliable accounting information systems that can provide important information, accurate and timely, so that owners and parties concerned can analyze and take the right decision. Problems of the partners is not yet able to evaluate his performance for not having a system of accounting information to make financial statements.          The purpose of this activity is to improve the understanding and knowledge of human resources. The lasting company has to information system of accounting and financial reporting. Besides helping partners in designing the accounting  system in accordance with the conditions of the partners.          Method to  solving the problem: advising system of accounting information based SAK EMKM, discussing, accounting software design,and implementation of accounting software.The results of these activities shows that there is an increased understanding and ability of partners in the field of accounting. Partners can understand and apply the concept of entity references  separation of business transactions with private transactions. Proven partners may draw up financial statements, can use the financial statements as the basis for evaluation of performance and can use for materials management decision-making

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