Presentation of Financial Statements On Local/Central Governments In Indonesian (Government Regulation No. 71 of 2010)

Abstract

Government Accounting Standards are Accounting Principles set out in preparing and presenting Government Financial Statements. Government Accounting Standards are regulated in Government Regulation No. 71 of 2010. Local Government Financial Statements are a description of the performance of local governments in one accounting period. This study aims to determine whether the Regional or City Government in terms of presenting financial statements is in accordance with Government Regulation No. 71 of 2010.One of the significant changes to the implementation of PP No. 71 of 2010 is a change in the field of government accounting, namely the existence of Government Accounting Standards which are intended to improve the quality of financial reports, thus the credibility of financial reports can increase and can realize transparency and accountability in regional financial management so that Good Governance can be achieved.