scholarly journals Assessment of Enhancing Transparency of Financial Statements

2016 ◽  
Vol 6 (2) ◽  
pp. 175
Author(s):  
Viswa Nadham N.
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Opportunity To Learn ◽  
Financial Statements ◽  
Financial Statement ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
The Public ◽  
Qualitative And Quantitative

The study explored both the advantages of transparency and challenges facing finance departments of local government authorities in the course of preparing and presenting financial information. The study employed an explanatory case study,cross-sectional survey  and applied a triangulation of methods to collect both qualitative and quantitative data. The participants were all selected based on the opportunity to learn and the typicality of Dodoma municipality. A total of 80 respondents were involved. Data analysis was done through SPSS. Figures, tables, pattern matching, comparison and strong explanation building all aided in simplifying the analyses of findings.Key findings of the study unveiled that participation of the public in finance affairs of local governments heightened transparency in the preparation and presentation of financial statements. Furthermore, the finding reveal that International Finnancial Report Standards (IFRS) was rarely applicable during  the preparation of financial statement. It was also found out that tansparency in financial matters reduced fraudulent behaviours in the allocation and expenditure of local government funds.Key words: Financial statements, IFRS, IAS, Financial transperancy.

scholarly journals Financial statements disclosure on Indonesian local government websites

2019 ◽  
Vol 4 (1) ◽  
pp. 112-128
Author(s):  
Wahyudin Nor ◽  
Muhammad Hudaya ◽  
Rifqi Novriyandana
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Financial Statements ◽  
Education Level ◽  
Content Type ◽  
Audit Opinion ◽  
Level Of Education ◽  
The Public ◽  
Government Websites

Purpose The purpose of this paper is to examine the extent to which audit opinion, audit findings, follow-up audit recommendations, level of education, level of welfare and heads of local governments’ commitment influence the disclosure of financial statements on the official website of local government. Design/methodology/approach The data of this research comprise 68 financial statements during the period 2015–2016 collected from 34 local governments across Indonesia by employing the census method. The data then are analyzed using logistic regression. Findings The results of this study show that audit opinion has a positive significant influence on the disclosure of financial statements on local government websites in Indonesia, while the audit findings, follow-up audit recommendations, level of education, level of welfare and heads of local governments’ commitment have no significant influences on the disclosure of financial statements local governments’ websites across Indonesia. Originality/value The study contributes to the public sector accounting research by enhancing our understanding to the disclosure of financial statements on local government websites.

scholarly journals Pengaruh Ukuran Pemerintah Daerah, Opini Audit, Dan Leverage Terhadap Audit Delay

2019 ◽  
Vol 1 (3) ◽  
pp. 1168-1183
Author(s):  
Maidelfian Putra Bakar ◽  
Fefri Indra Arza
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Financial Statements ◽  
Government Size ◽  
Timely Manner ◽  
Financial Reports ◽  
Audit Opinion ◽  
The Public ◽  
Negative Effect ◽  
Independent Variable

Local governments are obliged to ensure that their financial statements are presented in a timely manner as they are a form of accountability to the public. These financial reports can be used by the public to evaluate the capabilities of local governments in managing their resources effectively and efficiently. Financial statements that were not provided on time may cause those report loses their capacity to influence decisions. The study was categorized into causative research. Where this study aims to see how far the independent variables affect the dependent variable. This research tries to explain the influence of local government size (X1), audit opinion (X2) and leverage (X3) as independent variable to audit delay (Y) as dependent variable. The population observed in this study is from regencies and cities in West Sumatera in 2015 and 2017. The result of this study shows that the audit opinion variable cause significant negative effect on audit delay. The local government size and the leverage variable doesn't affect audit delay. This study also shows that local government size, audit opinion, and leverage together influence audit delay

scholarly journals The Audit Board of Republic of Indonesia Opinion and Bribery in Local Governments in Indonesia

2019 ◽  
Vol 5 (2) ◽  
pp. 125
Author(s):  
Yuniasih Dwi Astuti ◽  
Vid Adrison
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Capital Expenditure ◽  
Financial Statements ◽  
Financial Statement ◽  
Panel Regression ◽  
Estimation Result ◽  
Goods And Services ◽  
The Republic

This study is motivated by the trend of corruption cases which increase from year to year, where bribery is the first number in corruption cases. As many as 128 cases of bribery with in kracht status occurred in the local government that received an unqualified opinion from the Audit Board of the Republic of Indonesia (BPK RI). Using the Zero Inflated Poisson (ZIP) Panel Regression, this study examines the correlation between financial statement opinion and the number of bribery corruption cases based on 258 bribery cases that have been handled by the Corruption Eradication Commission (KPK) in the period 2008-2017. The estimation result shows that there was no correlation between financial statement opinion and the number of bribery cases. However, the increase in the amount of capital expenditure also goods and services expenditure is related to the increase in the number of bribery cases. This study recommends BPK to consider improving the quality of fraud detection through audit procedures on financial statements, especially in regions that have a relatively high value of capital expenditure and service goods expenditure. 

scholarly journals The Quality of Local Government Financial Statements and The Use of Financial Information in Decision Making

2020 ◽  
Vol 3 (1) ◽  
pp. 73
Author(s):  
Raden Muhammad Rachmansyah Shadiqiawan ◽  
Sri Mulyani
Keyword(s):  
Decision Making ◽  
Local Government ◽  
Hypothesis Testing ◽  
Local Governments ◽  
Financial Statements ◽  
Financial Information ◽  
Financial Statement ◽  
Government Decision ◽  
Testing Data

Financial statements contain information that is very helpful for users in making decisions. This study examines whether there are differences in the use of financial statement information decision making between the local government that obtain unqualified and qualified opinion for their financial statements. This study used the Mann Whitney test for hypothesis testing. Data was collected through a survey using a questionnaire on five local governments in West Java.The results of this study indicate that there are no significant differences in the use of financial statement information for local government decision-making, both in local governments that obtain unqualified and qualified opinions for their financial statements. This study also found that the financial statements most often used as a basis for decision making in the two groups of local governments are budget realization statement. 

scholarly journals PENGARUH INTERGOVERNMENTAL REVENUE, KEKAYAAN PEMERINTAH DAERAH, DAN UMUR PEMERINTAH DAERAH TERHADAP TINGKAT PENGUNGKAPAN LAPORAN KEUANGAN PEMERINTAH DAERAH (Studi pada Pemerintah Kabupaten/Kota di Sulawesi Tengah)

2019 ◽  
Vol 1 (2) ◽  
Author(s):  
Rafida Rafida ◽  
Ridwan Ridwan ◽  
Muhammad Ikbal Abdullah ◽  
Nina Yusnita Yamin
Keyword(s):  
Regression Analysis ◽  
Local Government ◽  
Local Governments ◽  
Linear Regression Analysis ◽  
Financial Statements ◽  
Multiple Linear Regression Analysis ◽  
Financial Statement ◽  
Analysis Method ◽  
Negative Effect ◽  
Central Sulawesi

This study aims to analyze the effect of intergovernmental revenue, wealth of local government, and local government age to local government financial statement disclosure in Central Sulawesi. The analysis method used in this study is a multiple linear regression analysis. The results showed that intergovernmental revenue, local government wealth, and age of local government have a significant effect to the disclosure level of local government financial statements simultaneously. Intergovernmental revenue has a significant negative effect to the disclosure level of local government financial statements, while the wealth of local government and the age of local governments have no significant effect to the disclosure level of local government financial statements partially.

scholarly journals A Survey of Trypanosome Species Circulating In Pigs In Three Selected Local Government District of Enugu State, Nigeria

2018 ◽  
Vol 1 (2) ◽  
pp. 136-143
Author(s):  
J.N. Omeje ◽  
J.S. Akinbobola
Keyword(s):  
Local Government ◽  
Local Governments ◽  
Age Groups ◽  
Buffy Coat ◽  
Isolation Rate ◽  
Cross Sectional Survey ◽  
Cross Sectional ◽  
Predominant Species ◽  
Thin Smear ◽  
Government District

A cross sectional survey of trypanosomosis of pigs was carried out in three randomly selected Local Government Areas (Nsukka, Udenu and Igbo Eze South) out of the six local government areas in Enugu North Senatorial Zone. Blood samples were randomly collected from a total of 1800 pigs from abattoirs and farms and were examined for trypanosomes parasites using standard parasitological methods: wet film, buffy coat and Giemsa-stained thin smear preparations. A total of 93 (5.2%) pigs were positive overall. Among the positive samples, Trypanosoma brucei was the predominant species (86.0%), followed by T. congolense (13.9%). The different relative isolation rate for Nsukka, Igbo-Eze South and Udenu Local government areas were 14 (4.7%), 14 (4.7%), and 19 (4.0%) respectively in the dry season, and 17 (5.7%), 17 (5.7%) and 12 (6.3%) in the rainy season respectively. The trypanosome prevalence in males from Nsukka, Igbo-Eze South and Udenu local governments were 6.5%, 6.2% and 4.2% respectively, while report in female were 3.8%, 4.1% and 5.9% in the three local governments respectively. There was no significant variations (p<0.05) with seasons, sex and age groups. It was therefore concluded that porcine trypanosomosis is still endemic in Enugu North Senatorial Zone with T. brucei being the most incriminated as the cause of the disease in the zone.

scholarly journals Evaluasi Pengungkapan Laporan Keuangan Daerah di Situs Internet: Studi pada Pemerintah Daerah Indonesia

2011 ◽  
Vol 2 (1) ◽  
pp. 192
Author(s):  
Gatot Soepriyanto ◽  
Restya Aristiant
Keyword(s):  
Local Government ◽  
Web Sites ◽  
Local Governments ◽  
Research Method ◽  
Accounting Standards ◽  
Financial Statements ◽  
Financial Information ◽  
Financial Statement ◽  
Government Accounting ◽  
Government Web Sites

The purpose of this study was to determine the extent of financial statement disclosure displayed on the website of local government in the years 2009-2010. The research method used is bibliography study and field study through the Internet. We found 2 types of financial information presented in the website, namely the information of financial statements and other financial information. There are 57 local governments that provide financial information from 392 local governments’ website. The 57 local government web sites, only nine local governments that provide information on its financial statements in accordance to SAP (Government Accounting Standards), while 40 local governments provide information on local government budgets (APBD) and 8 present the financial information other than financial statements according to SAP and budget information (APBD). These findings suggest that transparency and accountability of local governments related to the financial statements and other financial information on the website is still lacking. 

Online Availability and Accessibility of Local Government Financial Statements: Is the Public Interest Being Served?

2019 ◽  
Vol 19 (1) ◽  
pp. 57-82
Author(s):  
Beth Y. Vermeer ◽  
Alan K. Styles
Keyword(s):  
Local Government ◽  
Financial Reporting ◽  
Local Governments ◽  
Descriptive Analysis ◽  
Financial Statements ◽  
The Public ◽  
Legislative Oversight ◽  
Potential Benefits ◽  
Special District ◽  
Online Availability

ABSTRACT The purpose of this study is to examine the determinants of online availability and the ease of accessibility of U.S. municipality, county, school district, and special district audited financial statements. Using a sample of local governments that prepared 2017 audited financial statements, we find that certain forms of oversight by voters, auditors, and states are positively associated with the availability of audited financial statements. Our descriptive analysis also suggests that smaller governments, special districts, and school districts, many of which cover vast constituency populations, are lagging behind their municipality and county counterparts in online financial reporting. Our multivariate results suggest that as legislative/oversight bodies and citizens consider the potential benefits of additional forms of local government oversight, they should consider our findings that greater oversight is positively associated with the availability of local government audited financial statements.

scholarly journals IMPLEMENTATION OF GOVERNMENT FINANCIAL INFORMATION SYSTEMS TOWARD LOCAL GOVERNMENT FINANCIAL STATEMENTS: CASE STUDY IN DELI SERDANG, INDONESIA

2021 ◽  
Vol IV (2) ◽  
pp. 98-106
Author(s):  
Fitri Yani Panggabean ◽  
Keyword(s):  
Local Government ◽  
Financial Management ◽  
Local Governments ◽  
Government Regulation ◽  
Financial Statements ◽  
Financial Accounting ◽  
Financial Statement ◽  
Accounting System ◽  
Accounting Systems ◽  
Balance Sheets

This paper aims to determine how the application of government financial accounting systems for financial statements government in the Deli Serdang district. The autonomy that has been carried out since 1999 in Indonesia refers to Law number 32 of 2004, which has been revised. Thus, local governments are given the authority to manage finances independently. The use of finance must be carried out accountably and transparently. The study was conducted in the Deli Serdang regency government – Indonesia, with descriptive qualitative research. The data were obtained primarily by the documentation technique, which is a regional financial statement document for two years, a central and local government regulation document. The results showed that; 1) preparation of financial statements, the Deli Serdang regency government has implemented a financial accounting system with inadequate equipment such as an uncomputerized system that has delayed financial statements; 2) delays in financial statements are also caused by unskilled human resources and a bit number of employees for the application of government financial accounting systems; 3) financial statements at the end of the year found that the calculation of the budget, calculation of the budget memorandum, cash flow, and balance sheets are in accordance. However, it is constrained by the unavailability of data comparisons with the previous year; and 4) the structure of government financial management organizations in the form of a direct line, in which leaders and employees have direct responsibility regarding their duties. This can facilitate the coordination of supervisors for the better.

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