Fund Accounting Research Articles

Spatial Assets Value Extraction and Integrated Utilization of Old Communities: Case of Central Guangzhou, China

Extracting the economic value by the integrated utilization of space in old communities is crucial for encouraging independent participation from enterprises and residents, reducing reliance on government leadership and fiscal investment. This study starts from the active perspective of spatial assets and constructs a value activation framework for old communities by balancing “endogenous demand” and “exogenous opportunities”. By enhancing the “economic value” through the “use value”, five methods for value extraction and overall project utilization paths are proposed, guided by a dynamic “cost-revenue” balance. Using multi-source data, we identify the spatial assets of 1096 old communities in central Guangzhou and apply a market comparison method for an economic value assessment. Additionally, this study offers recommendations on the timing and project portfolios for regeneration efforts, along with strategies for establishing a coordinating implementation entity and fund account. This research provides strategic insights for advancing the regeneration of old communities by tapping into their macro-level economic potential.

Village Financial Management in Accordance with Minister of Home Affairs Regulation No. 20 of 2018

General background effective village financial management is crucial in Indonesia, especially in light of increasing government regulations aimed at improving transparency and accountability. Specific background this study focuses on the implementation of Minister of Home Affairs Regulation No. 20 of 2018, which outlines mandatory processes for village financial management. Knowledge gap despite the existence of this regulation, there is a lack of comprehensive understanding regarding its practical application across different villages. Aims this research to investigate the planning, implementation, administration, reporting, and accountability of village funds in accordance with the regulation. Results findings reveal that the village's financial management processes comply with the regulation, demonstrating adherence to the required stages of management. Novelty the study provides a unique contribution by offering an in-depth analysis of village fund management within the context of regulatory compliance, highlighting both challenges and best practices. Implications the results emphasize the need for continued training and resources for village officials to ensure adherence to regulations and improve the effectiveness of village financial management systems. Highlights: Compliance with Minister of Home Affairs Regulation No. 20 of 2018 is essential for effective fund management. Involvement of the community in the planning process fosters transparency and accountability. Comprehensive training for village officials is necessary to enhance financial management practices. Keywords: Finance, Village, Participation, Planning, Transparency

Accountability, Donor Funding and Non-Governmental Organisations in Kisumu County in Kenya

Accountability is an important aspect of all organisations today. Accountable NGOs have been found to receive large funding from donors and thus undertake development programs that alleviate human suffering. This study is set to establish the accountability of donor funding by non-governmental organisations in Kisumu County. The study adopted a descriptive survey design. The target population was the NGOs located in Kisumu County- Kenya. The population was made up of all the 187 NGOs in the region. The use of open-ended questions was justified because some of the information concerned sensitive matters of the NGOs, particularly those involving finances and governance. The study established that donor funding was dependent on the accountability mechanisms put in place by the implementing NGOs. The study revealed that NGOs were expected to keep a minimum set of financial statements, e.g. Statements of comprehensive income, statements of financial position and cash flow statements. The study revealed that community involvement in the oversight of NGOs was still not adequately practised and that satisfaction of the employees with their pay perks could not be established. Donors were keen on compliance with the laws of the country and involved the oversight bodies in checking the compliance and legitimacy of the NGOs before funding and partnering with them. It was established that donors expected performance measurements to be done and that NGOs prepared specific reports. The donors also demanded that the authenticity of the financial statements be verified by independent auditors. Therefore, this study recommends that NGOs develop proper and effective accountability mechanisms to measure performance and enhance legitimacy and accountability. This will include using proper performance measurement tools and compliance with donor and government regulations to secure sustained financing and ensure that the County's development agenda is achieved. The study further recommends that the NGOs procure the services of recognised audit firms that will offer value-adding audits, which, in effect, will boost donor confidence.

Analysis of Village Financial Management Based on the Minister of Home Affairs Regulation No. 20 of 2018(Case Study in Bangun Rejo Village, Tanjung Morawa District)

All activities including planning, implementation, administration, reporting and accountability of village funds are collectively referred to as village financial management. The purpose of this study was to determine how Bangun Rejo Village, Tanjung Morawa District, has implemented financial management in accordance with the Regulation of the Minister of Home Affairs Number 20 of 2018. The research methodology used is descriptive qualitative. Data collection techniques include documentation, interviews, and observations. The results of the study indicate that in general the procedures for financial management of Bangun Rejo Village are in accordance with the Regulation of the Minister of Home Affairs Number 20 of 2018

Development of Financial Data Mart for Nonprofit Organization

Finance is a critical component of organizational long-term viability. Non-profit organizations must pay close attention to their financial health. This is a form of accountability for funds entrusted to the organization by its stakeholders. Additionally, organizations must prepare for potential future financial risks. As a non-profit organization, SATUNAMA Foundation currently administers its financial data separately for each funding source. This complicates financial analysis and decision making, particularly when attempting to comprehend the organization’s financial health holistically. A financial data mart was built in order to assist data analysis as well as store historical data based on a predetermined set of analysis criteria. The Kimball’s method and the starflake schema were used in the development of this data mart. The data mart was successfully implemented in accordance with the schema design and was able to fulfil the given analysis criteria. The data mart has fulfilled the four characteristics of data warehouse based on the data characteristic evaluation. From the operational perspective evaluation, data mart is proven faster than operational database thus making the data mart more efficient in providing information. Dashboard and pivot table are also successfully built to visualize the results.

Analysis of Compliance, Transparency, and Accountability of The X Party Campaign Fund Report in South Sumatera in The Management of Receipt and Use of Campaign Funds

This study analyzes the compliance, transparency, and accountability levels in the campaign finance reports of Party X in South Sumatra, focusing on the management of campaign fund receipts and expenditures. Utilizing a qualitative case study approach, data was gathered through document studies, observation, examination of campaign fund financial reports, and a review of literature on regulations and best practices in campaign fund accountability. Findings indicate efforts toward compliance with existing regulations, yet significant challenges remain in achieving optimal levels of transparency and accountability in campaign fund management. Factors such as insufficient understanding of applicable regulations, lack of awareness regarding the importance of transparency, and complex political pressures and interests often hinder progress. Implications suggest the need for campaign finance reform and increased commitment from stakeholders to enhance integrity and accountability in the political process.

Evaluasi pengelolaan dana Bantuan Operasional Sekolah (BOS) di SD Negeri 76 Manado

The School Operational Assistance (BOS) program is an initiative of the Indonesian government to support school operational costs and improve the quality of education. However, in its implementation, misuse of funds often occurs which affects accountability. Based on this problem, this study aims to evaluate the mechanism of management, use and accountability of BOS funds with the research object SD Negeri 76 Manado based on Permendikbudristek Number 63 of 2023. The research method used was descriptive qualitative, with data collected through interview sessions and documentation. The results showed that the BOS fund management mechanism at SD Negeri 76 Manado had followed the applicable regulations, but there were several obstacles such as changes in the price of goods that affected budget planning. In the use of funds, allocations were made in stages for two semesters and adjusted based on an evaluation of actual needs. Accountability is carried out through a report on the realization of the use of funds prepared every semester. The study concludes that despite efforts to manage funds transparency and accountability, improvements are still needed in supervision and planning adjustments to overcome external constraints and ensure more efficient use of funds. In relation to unforeseen needs, including the cost of emergency repairs, health and security costs, and the procurement of additional teaching materials, there was no effective mechanism for managing the use of BOS funds.

The Accountability of Village Fund Management: Study on Villages in the Sub-District of Dempet

Village fund accountability is the responsibility of the village government in managing village funds based on the village fund management law. This study aims to examine the effect of the competence of village apparatus, usage of information technology, community participation, internal control systems, and the application of administrative sanctions on village fund management accountability. The data source is from 62 village apparatus respondents from 16 villages in the Dempet sub-district. Data analysis uses multiple linear regression. The results of this study show that the competence of village apparatus, community participation, internal control systems, and the application of administrative sanctions have a significant positive effect on the accountability of village fund management. Meanwhile, the usage of information technology does not impact village fund management's accountability.

Penerapan Pengendalian Internal Penerimaan Dana Kurban Dan Pembelian Hewan Kurban Di Masjid Baiturrahman

Baiturrahman Mosque is a PKM partner that facilitates the implementation of sacrifices which have been carried out for approximately 25 years. In this PKM activity, the team brought up a big topic, namely good and healthy management of sacrificial animals. To support this topic, researchers evaluated the implementation of internal control over the receipt of sacrificial funds and the purchase of sacrificial animals at the Baiturrahman Mosque using a qualitative descriptive implementation method. In carrying out the evaluation, researchers collected data by means of observation and interviews. Primary data in the form of internal control of receiving sacrificial funds and internal control of purchasing sacrificial animals was obtained through questions and answers with Mr. Ajat, Mr. Sugeng, and Mr. Sarkum as chairman and members of the Baiturrahman Mosque's sacrificial committee. Based on the data collected, researchers found that the implementation of internal control in the implementation of sacrificial worship activities at the Baiturrahman Mosque in 2024 still needs to be optimized because it has not considered/controlled the following things: 1. Organizational structure that has not been well documented, 2. Evidence of receipt of sacrificial funds and purchase of sacrificial animals, the serial number is still written manually and has not been printed, 3. The sacrificial fund account is not yet separate from the mosque fund account, 4. Bank reconciliation has not been carried out considering that funds are also received by transfer, 5. There is no rotation of both buyers and suppliers of sacrificial animals

Management of Islamic Philanthropy-Based Education Financing in Increasing Access to Free Education for Orphans Children

The article describes the management of Islamic philanthropy-based education financing in increasing access to free education for orphans and poor children at the Raudhatul Ulum Islamic boarding school, Sumberanyar Village, Lumajang Regency, East Java. This research uses qualitative research obtained by researchers based on data in the field. The research period starts from December 2023 to February 2024. The data source in this research is primary data obtained through interviews and direct observation with informants. The data analysis steps used in this research are the Interactive Analysis Model from Miles and Huberman: data reduction, data display, and conclusion drawing. Based on the research results after being dialogued with the results of the conceptual study, it can be described as Islamic philanthropy-based education financing management in Islamic boarding schools. Raudhatul Ulum Lumajang Regency includes three activities: planning sources of philanthropy-based education financing (waqf and infaq), allocating and distributing philanthropic fund financing, and monitoring and accountability (auditing) of philanthropic funds.

The Role of Apparatus Competence, Community Participation and Control Systems on Village Fund Financial Accountability

This study is associative research, which aims to analyze, identify and explain the role of apparatus compe-tency, community participation and control systems on financial accountability of village funds in Mam-beramo Raya Regency. The amount of data used in the research was 84 respondents or 70.00% of the total population is 120 consisting of village officials, community leaders and stakeholders in the Greater Mam-beramo Regency environment, with a sampling technique using the Simple Random Sampling type Proba-bility Sampling technique. The main data source for this research was obtained through distributing ques-tionnaires to all respondents. The statistical method used to test the hypothesis is multiple linear regression analysis using SPSS. Based on partial and simultaneous test results, it was found that apparatus, community participation and control systems had a positive and significant effect on financial accountability of village funds in Mamberamo Raya Regency. This study not only highlights the dynamics within the Mamberamo Raya District Government but also the efforts of the Greater Mamberamo District Government to increase efficiency, transparency and accountability in managing village funds, as well as improving the perfor-mance of village officials.

Radio’s role in agricultural development: a review of broadcasting strategies for farmer education in South-West Nigeria

Purpose This paper aims to assess the role of radio programmes in agricultural development and enhancing the capacity of farmers in Oyo and Ogun states, situated in the South-West region of Nigeria. Specifically, this study investigated Farm Radio International (FRI) radio broadcast strategies, their effectiveness and how they enhance the farmers’ knowledge, skills and practices. Design/methodology/approach The paper opted for a qualitative research design, using both interviews and focus group discussions to gather data from FRI radio partners and farmers. Findings Findings indicated that radio is effective in influencing the practices of farmers and helping them adopt new knowledge, ideas and skills. FRI partners use rural radio forum broadcasting strategy. Also, findings indicated that the most effective broadcasting strategy to reach the farmers with agricultural information is rural radio forum. Practical implications The paper includes implications for agricultural development organisations, providing a framework for monitoring and evaluating the impact of their communication interventions, helping ensure accountability and efficient use of funds. Originality/value This paper fulfils an identified need to investigate the broadcasting strategies that are most effective in reaching farmers with agricultural information and the influence of agricultural radio programmes on their farming practices.

Village fund management and reporting systems: are they accountable?

PurposeThis study aims to address fundamental questions surrounding accountability within village fund management (VFM) and reporting systems in Indonesia by comparing the number of anomalous data entries with the actual village funds using the VFM data for all Indonesian villages during the period 2018–2020.Design/methodology/approachThe research presents a pioneering methodology for assessing village fund accountability by analyzing data from all Indonesian villages and using investigative journalism and qualitative analysis. It integrates data from various sources, including government regulations, previous investigations, literature, interviews, etc.FindingsThis research highlights global challenges in development and governance, revealing common issues such as poor management of village funds and the need for strengthened institutional protection enforcement. Referring to the institutional theory, the authors demonstrate how institutional structures influence community behaviors, emphasizing the importance of regulatory frameworks to prevent misuse of public resources and maintain transparency and accountability across various socio-economic and political contexts.Practical implicationsThis study emphasizes the necessity for more transparent and accountable fund management practices and calls for broader consideration of implications beyond government impact.Social implicationsThis research provides insights for international stakeholders to strengthen their public financial systems, through rigorous monitoring and comprehensive reporting systems.Originality/valueThis study provides the most comprehensive sample comprising all villages in Indonesia that receive village funds and measures the use of village funds based on all village-level disbursements, representing unprecedented research using this form of data.

Village Fund Management: Accountability, Transparency, Community Participation

This study aims to determine the effect of accountability, transparency and community participation on the management of funds in Kading Village, Tanete Riaja District, Barru District. The data used in this study are primary data in the form of respondents' assessments of accountability, transparency, community participation and management of village funds. Methods of data collection using questionnaires and literature study. Data analysis techniques using multiple linear regression analysis, t test, F test and coefficient of determination test. The results of the study found that accountability, transparency and community participation had a positive and significant effect on the management of funds for Kading Village, Tanete Riaja District, Barru Regency.

Analysis of Accountability and Transparency in the Management of School Operational Assistance Funds

This research aims to identify and analyze the application of the principles of accountability and transparency in the management of BOS (School Operational Assistance) funds at SMP Negeri 149 Jakarta. The method used is qualitative descriptive, which describes what happens in a particular situation, field, or area. This research was conducted at SMP Negeri 149 Jakarta, located in Cipinang Besar Selatan, Jatinegara District, East Jakarta City, DKI Jakarta Province. In this study, data was obtained through observation and direct interviews with the Principal, BOS fund operator, teachers, and the School Committee. Data analysis was conducted using data reduction and data presentation. The results and discussion indicate that the application of the principle of accountability in the management of BOS funds at SMP Negeri 149 Jakarta includes the planning of BOS funds, implementation and use of BOS funds, and reporting and accountability of BOS funds. The BOS fund management has been running well and in accordance with the technical regulations for BOS fund management. The application of the principle of transparency in the management of BOS funds at SMP Negeri 149 Jakarta has been carried out, with the involvement of teachers and staff in the BOS management team in determining the budget for school activities and the teaching and learning process. However, the school's website is inactive, so the dissemination of information related to the school has not been well communicated.

Effectiveness of Implementing Digital Fundraising and Fund Accounting at BAZNAS North Sumatra

The number of poor people in Indonesia in 2023 will reach 25.90 million people, this is a quite serious problem for the country. Zakat is a means of mutual cooperation that can help this imbalance. Internet penetration in North Sumatra is the highest on the island of Sumatra based on the APJII survey in early 2024, this is the spearhead of all types of digitalization applications. This fact makes us aware that the potential for zakat should increase further and make it easier for BAZNAS North Sumatra Province to collect funds. This research aims to measure the effectiveness of implementing digitalization in compiling and reporting accounting. The data collection method uses researchqualitatively based with a phenomenological approach.Based on the research results, the implementation of digital fundraising can be said to be effective, but it is not yet effective in targeting accuracy, one of which is due to a lack of social engagement on social media. For fund accounting, which is a reporting rule for non-profit organizations, BAZNAS North Sumatra Province has implemented regulations with PSAK 109 and reporting has been digitized and automated.

PENGARUH TRANSPARANSI DAN AKUNTABILITAS PEMERINTAH DESA TERHADAP PENGELOLAAN ALOKASI DANA DESA

This study aims to: (1) Find out how much transparency has an effect on the allocation of village funds. (2) Knowing how much influence accountability has on the allocation of village funds. (3) Knowing how much influence transparency and accountability have on the allocation of village funds. The object of this research is 10 villages located in Jampang Kulon sub-district. The data taken were 70 data consisting of: transparency, accountability and allocation of village funds. Data was collected by distributing questionnaires to each village via Google Froms. The data analysis tools used are validity and reliability tests, classical assumption tests and hypothesis testing. The results show that: (1) there is a significant positive effect of transparency on the allocation of village funds with a t-count value of 2.695 which is greater than t-table 1.994 with a significance value of 0.009; (2) there is a positive and significant effect of accountability on the allocation of village funds with a t-count value of 3.912 which is greater than the t-table value of 1.994 with a significance value of .000; (3) There is a significant positive effect between transparency and accountability on the allocation of village funds with a calculated F value of 16.360, which is greater than the F table value of 3.15 with a significant value of .000.

Pengaruh Akuntabilitas dan Transparansi Dana Desa Terhadap Kualitas Laporan Keuangan Desa

This research aims to determine the effect of accountability and transparency of village funds on the quality of village financial reports in Pematang Lingkung Village, Batang Merangin District, Kerinci Regency. This research uses quantitative methods with a descriptive approach, data collection techniques using questionnaires and the sample in this research was 30 village officials and members of institutional organizations in Pematang Lingkung Village, Bapatang Merangin District, Kerinci Regency. The technique for determining the sample is to use a saturated sample by taking the entire population as the research sample. Data analysis using descriptive statistics, research instrument testing, classical assumption testing, multiple linear regression analysis and hypothesis testing. The results of this research partially show that the Accountability variable (X1) with a significance value of 0.143 > 0.05 and tcount of -1.509 <ttable 1.697 states that accountability has no effect on the quality of financial reports, the transparency variable (X2) with a significance value of 0.514 > 0.05 and tcount of 3.501 > ttable 1.697 states that the transparency variable has a significant effect on the quality of financial reports. Meanwhile, simultaneously with the value that Fcount is 6.789 > Ftable 2.96 and a significance of 0.04 <0.05 states that accountability and transparency of village funds has a positive and significant effect on the quality of financial reports in Pematang Lingkung Village, Batang Merangin District, Kerinci Regency.

EXAMINING THE FINANCIAL RISK MANAGEMENT OF DONOR FUNDS: CASE OF MINISTRY OF HEALTH IN ZAMBIA

<p>This study examines the financial risk management of donor funds using the Ministry of Health (MOH) in Zambia as a case study. The study employs an exploratory case study methodology on a sample of 224 MOH employees. Zambia, being a developing country, significantly relies on donor funds to support its healthcare sector. Prudent management of donor funds is crucial for the sustained delivery of quality healthcare services. However, there has been concerns regarding the financial risk management practices at the MOH in the efficient utilization and accountability of donor funds. From the literature review, it seems no study has been done regarding the financial risk management of donor funds focusing on the MOH in Zambia. Therefore, this study fills this gap. The study findings seem to show evidence of the misappropriation of donor funds exhibited by misallocation of donor funds to unplanned projects or activities. The misappropriations of donor funds seem to be amplified by a lack of strategic planning, lack of coordination, and the absence of effective monitoring and evaluation systems. Additionally, fraud and corruption posed significant risks to donor funds at MOH. Therefore, to mitigate the risks, the study recommends that robust anti-misappropriation measures, enforcement of due diligence on implementing partners, a thorough review of procurement processes, and regular monitoring and evaluation of donor-funded projects be strengthened at the MOH in Zambia. Whistleblower protection and reporting mechanisms should be promoted to help detect and deter fraudulent activities at this Ministry.</p><p><strong> </strong></p><p><strong>JEL:</strong> H51, I18, O23</p><p> </p><p><strong> Article visualizations:</strong></p><p><img src="/-counters-/soc/0787/a.php" alt="Hit counter" /></p>

Public funding accountability: a linked open data-based methodology for analysing the scientific productivity and influence of funded projects

AbstractAlthough funding acknowledgements (FAs) have been around for nearly three decades, there are not yet enough theoretical and practical studies of them to enable FAs to be considered a consolidated area of research. Fortunately, newly published findings and promising data sources presented in recent years have helped better our understanding of the process of scientific creation and communication and provide evidence of the importance of FAs. This paper seeks to help demonstrate the crucial role FAs play in evaluating research funding’s performance. A methodology based on the use of linked open metadata from diverse sources is presented for this purpose. The methodology highlights the important work analysts do to increase the accuracy, solidity, and diversity of the results of FA-based quantitative studies by gathering and analysing the data furnished by funding organisations. Lastly, the projects funded by the Spanish National Science and Research Agency from 2008 to 2020 are evaluated to verify the method’s usefulness, robustness, and reproducibility. Also, a new unit of analysis is introduced, funders, to create a new type of co-occurrence network: co-funding. In conclusion, funding agencies’ experts and analysts will find that this methodology gives them a valuable instrument for boosting the quality and efficacy of their activities, complying with transparency and accountability requirements, and quantifying the scope of funding results.