Abstract
Tjokroaminoto's thought is used in this qualitative case study research to uncover the complexities of cash reconciliation practices for the preparation of the central government's financial statements and identify what went wrong in the practice so that appropriate recommendations can be formulated to overcome these problems. The audit result on LKPP 2018 and 2017 showed problems in the management and recording of cash, inventories, fixed assets, and intangible assets. These problems have impacts on the reliability of financial statements. Optimization of reconciliation to ensure reliability in the preparation of financial statements is questioned. The research results indicate several problems, namely lack of coordination, lack of knowledge, non-compliance, application, and less effective sanctions. This study formulates three recommendations for the government as research implications: increasing knowledge, developing integrated applications, and automating the imposition of sanctions.
Highlights
”Islam provides rules for the inner-life guidance and guidelines for social-life, for political matters, for state government, for military, for world justice and trade.” (Tjokroaminoto, 1950)
Tjokroaminoto's thought is used in this qualitative case study research to uncover the complexities of cash reconciliation practices for the preparation of the central government's financial statements and identify what went wrong in the practice so that appropriate recommendations can be formulated to overcome these problems
The fifth problem is the application used to carry out cash reconciliation at the Expenditure Treasurer with the application used to verify the LPJ Expenditure Treasurer is different
Summary
”Islam provides rules for the inner-life guidance and guidelines for social-life, for political matters, for state government, for military, for world justice and trade.” (Tjokroaminoto, 1950). The reconciliation process in the preparation of government financial reports is carried out by the Central Financial Accounting and Reporting System (SiAP) as part of SA-BUN which is carried out by the Minister of Finance as the State General Treasurer (BUN) and the Agency Accounting and Financial Reporting System (SAI) is carried out by the Ministry/Agency ( K/L). SAPP produces the Central Government Financial Report (LKPP) which consists of the State General Treasurer Financial Report (LK BUN) and Ministry/Agency Financial Report (LKKL). The LKPP is submitted by the Government to the Supreme Audit Agency (BPK) of the Republic of Indonesia for inspection and submitted to the House of Representatives as an accountability report on the management of state finances. The following is the development of opinions given by BPK on LKKL and LKBUN in the last 5 years
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