Jurnal Indonesia Sosial Sains
Vol. 5 No. 03 (2024): Jurnal Indonesia Sosial Sains

Regulatory Implications of The Public Financial Management Framework in Indonesia

Tirton Nefianto (Universitas Esa Unggul Jakarta, Indonesia)
Ayu Larasati (Universitas Esa Unggul Jakarta, Indonesia)

Article Info

Publish Date
13 Mar 2024

Abstract

Public Financial Management a set of laws, rules, and standards is an important part of regulating the systems and processes used by each sovereign state and local government, to mobilize revenue, allocate public funds, conduct public spending, and budget audits. The purpose of public financial management itself is to increase efficiency and transparency in the use of public resources and eliminate the inefficiency of public resources. The regulatory framework for Public Financial Management can carry out analytical and critical practices in helping to facilitate services efficiently and effectively. This article uses a qualitative method with a descriptive approach to describe or analyze a research result but is not used to make a broader conclusion. Analysis and Discussion The Government of Indonesia is aware that there are regulations governing budgeting, although some of them do not understand and study these documents comprehensively. The regulatory framework governing fund management influences service delivery. In conclusion, the regulatory framework explains how public budgets are used to provide better services. The regulation is designed to help to reduce budget waste and prevent corruption.

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Journal Info
Jurnal Indonesia Sosial Sains
Website

Abbrev

jiss

Publisher

CV. Publikasi Indonesia

Subject

Humanities Astronomy Biochemistry, Genetics & Molecular Biology Chemistry Computer Science & IT Decision Sciences, Operations Research & Management Earth & Planetary Sciences Economics, Econometrics & Finance Energy Environmental Science Immunology & microbiology Law, Crime, Criminology & Criminal Justice Library & Information Science Materials Science & Nanotechnology Neuroscience Physics Social Sciences

Description

The Jurnal Indonesia Sosial Sains is a scientific journal in the form of research and can be accessed openly. This journal is published once a month by CV. Publikasi Indonesia. The Jurnal Indonesia Sosial Sains provides a means for ongoing discussion of relevant issues that fall within the focus and ...