Abstract
The discussion in this article is about changes in government accounting, a significant change from government accounting in Indonesia is from cash-based accounting to cash-based accounting towards accruals (cash toward accruals), to full accruals. The writing method used is a literature study with a qualitative approach . 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 the government. The purpose of this study is to identify and analyze the challenges in reforming government accounting policies in Indonesia. The finding of the study that state that the government needs to prepare financial statements in accordance with Law No. 17 of 2003 which refers to Government Accounting Standards (SAP/standar akuntansi pemerintahan). As a derivative of this regulation, the government has issued Government Regulation Number 24 of 2005 which was updated with Government Regulation Number 71 of 2010 concerning Government Accounting Standards (SAP). Practical implications there are , 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.
Highlights
Government accounting is the process of recording and reporting all financial transactions carried out by the government. both in terms of income and expenditure
Problems that always arise in the process of government accounting reform usually involve the concept of reporting transactions, such as the cost of asset acquisition and the measurement of value currently in effect
The International Accounting Standards Board seeks to formulate the implementation of government accounting reforms so as to strike a balance between relevance and reliability. (Padovani & Iacuzzi, 2021; Shinkle et al, 2021)
Summary
Government accounting is the process of recording and reporting all financial transactions carried out by the government. both in terms of income and expenditure. Government accounting is the process of recording and reporting all financial transactions carried out by the government. Accounting reform is a change in accounting rules widely carried out by a government or country. Challenges of Policy Reform on Government Accounting in Indonesia : Response to Changing Global Dynamics Aidi, A., Agoestyowati, R., Susanto., I, Supriyono., Rahman, D.A. adequate in recording and reporting state financial activities, and are considered to cause failure in maintaining the stability of the government's financial condition. Problems that always arise in the process of government accounting reform usually involve the concept of reporting transactions, such as the cost of asset acquisition and the measurement of value currently in effect. Accounting reform has two approaches, namely traditional, which is quite reliable, but less relevant in dealing with state financial problems. The International Accounting Standards Board seeks to formulate the implementation of government accounting reforms so as to strike a balance between relevance and reliability. The International Accounting Standards Board seeks to formulate the implementation of government accounting reforms so as to strike a balance between relevance and reliability. (Padovani & Iacuzzi, 2021; Shinkle et al, 2021)
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