ANALISIS IMPLEMENTASI LAPORAN KEUANGAN MENURUT PERMENDAGRI NOMOR 77 TAHUN 2020 PADA BADAN KEUANGAN DAN ASET DAERAH PROVINSI SULAWESI UTARA

Abstract

This study aims to analyze the implementation of Financial Statements according to Permendagri Number 77 of 2020 at the Regional Finance and Assets Agency of North Sulawesi Province. Permendagri Number 77 of 2020 stipulates technical guidelines for regional financial management that regulate the entire financial cycle, from planning to control, as an implementer of Government Regulation Number 12 of 2019. This regulation serves as an operational standard and accountability framework to support local government performance, development, and good governance with the principles of efficiency, effectiveness, transparency, and accountability.This research adopts a qualitative approach presented in a descriptive-qualitative manner, with primary (interviews and observations) and secondary (financial reports) data sources. The Financial Statements for Fiscal Year 2024 of the Regional Finance and Asset Agency of North Sulawesi Province contain five main components, but there are discrepancies with accounting standards: (1) classification of expenditures (unexpected expenditures, regional transfers, financing) should be by the Regional Financial Management Officer; (2) recording of regional expenses outside the authority; and (3) incomplete presentation of assets (short-term investments, receivables, and donation/forfeiture inventory without fair valuation). The recommendations for this study are: (1) reclassification of unexpected expenditures, regional transfers, and financing to the Regional Financial Management Officer; (2) transferring the recording of regional expenses; and (3) improving the presentation of assets by applying fair valuation for donation/forfeiture inventories.