Universal Journal of Accounting and Finance Vol. 9(2), pp. 197 - 203
DOI: 10.13189/ujaf.2021.090208
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Planning, Accountability and Reporting of Village Financial Management in Indonesia

Bill Pangayow ^*, Kurniawan Patma
Department of Accounting, Faculty of Economic and Business, Cenderawasih University, Indonesia

ABSTRACT

Good village financial management is very important in improving good governance in the village. The large amount of funds given to villages requires managers to improve the quality of the financial management process so that they can be trusted by the community. This study aims to examine the effect of financial management processes in the form of planning, implementation and reporting on Accountability, which is an element of good governance. The research sample was 78 officers in four villages in Sentani District, Jayapura Regency, Indonesia. The indicators used to measure the planning, implementation, reporting and accountability variables refer to Regulation of the Minister of Home Affairs (Permendagri) number 113 of 2014 and updated with Permendagri number 20 of 2018 concerning Village Financial Management regulates financial management carried out by village officials. The analytical tool used in data processing is Partial Least Square using Warp PLS software. This study proved that there was a significant influence between the variables of the financial management process (planning, implementing, and reporting) on Accountability. This research has implications for the need for quality financial management processes ranging from planning, implementation and reporting to increasing public confidence in the level of accountability held by village officials.

KEYWORDS
Financial Management Process, Village Financial Management, Accountability

Cite This Paper in IEEE or APA Citation Styles
(a). IEEE Format:
[1] Bill Pangayow , Kurniawan Patma , "Planning, Accountability and Reporting of Village Financial Management in Indonesia," Universal Journal of Accounting and Finance, Vol. 9, No. 2, pp. 197 - 203, 2021. DOI: 10.13189/ujaf.2021.090208.

(b). APA Format:
Bill Pangayow , Kurniawan Patma (2021). Planning, Accountability and Reporting of Village Financial Management in Indonesia. Universal Journal of Accounting and Finance, 9(2), 197 - 203. DOI: 10.13189/ujaf.2021.090208.