Public Sector Accounting ASSIGNMENT

1. 2. 3. 4.

Members : Evelyn Joanna ( Leader ) Desy Ratnasari Dickson Pelly Hendrik Tanoto

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Government Regulation No. 71 / 2010

The components of financial statement The legal basis for financial reporting

Basic assumption Qualitative characteristics of financial statements 5/3/12

Components of Financial Statement

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Components of Financial Statement

Budget Realization Statement Statement Balance of Changes in Over-budgeted

Balance Sheet Operational Report Statement of Cash Flow Statement of Changes in Equity Financial Statement Analysis

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The Legal Basis for Financial Reporting

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The Legal Basis for Financial Reporting

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The Basic Statutory Law of Republic of Indonesia Year 1945 especially those manage state finance. Statutory Law which focus on state finance. Statutory Law of State Government Budget & Local Government Budget. Statutory governing local government, especially The Local Finance. Statutory regulating the financial balances between central and local. Statutory regulating the implementation between State and Local Government Budget. Any other regulations governing The Central and Regional Finance.

Basic Assumptions

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Basic Assumptions

Assumption of Entities Independence

Assumption of Entities Continuity Assumption of Monetary Measurement

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Qualitative Characteristics of Financial Statements

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Relevant

Qualitative Characteristics of Financial Statements

Feedback Value Predictive Value Specific Timing Complete True Interpretation Verifiable Neutral

Reliable

Comparable Understandable

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Statutory Law No. 17 Year 2003 controlling the State Finance

Article 9

The Functions of the Ministers of Institutions Article 10 The Authorities and Functions of District Finance Manager Article 11 The Functions of the Ministers of Institutions
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Article 9
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The Functions of the Ministers of Institutions

Construct institutions budget Prepare budget implementation documents Implement institutions budget Implement non-tax revenue collection Manage institutions a/receivable & a/payable Manage state properties & wealth Prepare and submit financial statements Perform another tasks they are assigned for

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Article 10
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Functions of Manager and Users of Local Government Budget

Performers of Local Government Budget :

Local Government Budget Leader Local Government Budget Users

Functions of Local Budget Manager :

Organize and implement policy Organize Local Government Budget Perform revenue collection Perform district treasury Construct Financial Statements

Functions of Local Budget Users :

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Conctruct district-working-unitys budget Construct implementation of government budget Implement district-working-unitys budget Implement non-tax revenue receipts Organize district-working-unitys finance Organize state wealth they are responsible for Construct and declare the financial statements

Article 11
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Construction and Settlement of State Government Budget

State Government Budget are set once a year State Government Budget consist of budget revenues, expenditures, and financing State revenues consist of state tax revenue, nontax revenue, and grants State expenditures implement government tasks and execute the financial balance between central and local governments State expenditures are specified according to the organization functions expenditures

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