Implementation Of Consolidated Government Financial Statements (Study Of Medan City)

Abstract

The purpose of this study is to analyze the accounting policies of local governments in Indonesia.The research method used is a literature study with a qualitative approach. Sources of data were obtained through searching articles related to accounting policies carried out by local governments in preparing financial reports. The data analysis technique was carried out by studying various literature sources. The results of the study state that the government has prepared consolidated financial statements in accordance with the format in Government Regulation Number 71 of 2010 concerning Government Accounting Standards (SAP). With this regulation, the basis of government accounting records changed from a cash basis to a cash basis to an accrual basis and to a full accrual basis.