Indonesia : Country Financial Accountability Assessment
This Country Financial Accountability
Assessment (CFAA) report, supports the Government of
Indonesia's efforts to reform the process of managing
public resources, increase transparency in handling
financial affairs, and combat corruption. The report
assesses that the control environment in Indonesia is weak,
despite a political leadership committed to improvement,
and, recommends enacting a modern Budget Law, establish
parliamentary public accounts, and audit committee, initiate
reforms to develop a professional civil service, and,
improve procurement laws, and practices in accordance with
the Country Procurement Assessment. In addition, Budget
execution, and monitoring remain weak, proposing to
accelerate transition to a unified budget, improve policy
review, by strengthening political inputs into budget
preparation, and develop integrated revenue estimates within
a macro framework. It emphasizes that the fragmentation in
the accounting, and reporting of financial information does
not produce reliable, and reconcilable sets of accounts,
thus a rational financial management should be established,
by creating the position of Accountant General within the
Ministry of Finance, establishing financial controllership
to handle financial planning, budgeting, and working capital
management, and, improving treasury management. Finally, it
is recommended that the current audit law be revised, by
incorporating a public accounts committee, an independent
auditor general, and, define their boundaries of responsibility.
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Bibliographic Details
| Main Author: |
World Bank |
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| Language: | English
en_US |
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| Published: |
Washington, DC
2001-04-27
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| Subjects: | FINANCIAL ANALYSIS,
ACCOUNTING & REPORTING,
PUBLIC RESOURCES MANAGEMENT,
GOVERNANCE,
CORRUPTION,
BUDGET LAW & LEGISLATION,
PARLIAMENTARY PROCEDURE,
PUBLIC ACCOUNTING,
AUDITING STANDARDS,
PROCUREMENT,
MONITORING CRITERIA,
POLICY FORMATION,
REVENUE ESTIMATING,
MACROECONOMIC POLICY,
PERFORMANCE INDICATORS,
FINANCIAL MANAGEMENT,
FINANCIAL CONTROL,
BANKING REGULATION,
INFORMATION TECHNOLOGY,
GOVERNMENT AUDITING ACCOUNT,
ACCOUNTABILITY,
ACCOUNTING,
ACCOUNTING RECORDS,
ACCOUNTS,
ADB,
ANTI-CORRUPTION,
AUDITS,
AUTHORITY,
AUTHORIZATION,
AUTOCRATIC GOVERNMENT,
BANK ACCOUNTS,
BANK OF INDONESIA,
BUDGET,
BUDGET ADMINISTRATION,
BUDGET ANALYSIS,
BUDGET CONTROL,
BUDGET CUTS,
BUDGET DEFICIT,
BUDGET EXECUTION,
BUDGET MANAGEMENT,
BUDGET MONITORING,
BUDGET PROCESS,
BUDGET PROJECTIONS,
BUDGET SYSTEM,
BUDGETING,
CASH MANAGEMENT,
CENTRAL AGENCIES,
CENTRAL GOVERNMENT,
CIVIL SERVICE,
CONSTITUTION,
CORPORATE GOVERNANCE,
COST EFFECTIVENESS,
COST ESTIMATES,
DEBT,
DECENTRALIZATION,
DECENTRALIZATION OBJECTIVES,
DECREE,
DECREES,
DEMOCRACY,
DEMOCRATIZATION,
EXECUTION,
EXECUTIVE GOVERNMENT,
FINANCE,
FINANCIAL ACCOUNTABILITY,
FINANCIAL CRISIS,
FINANCIAL INFORMATION,
FINANCIAL INSTITUTIONS,
FINANCIAL MANAGEMENT SYSTEMS,
FINANCIAL PLANNING,
FINANCIAL REGULATIONS,
FINANCIAL REPORTING,
FINANCIAL REPORTS,
FINANCIAL STATISTICS,
FISCAL,
FISCAL MANAGEMENT,
GOOD GOVERNANCE,
GOVERNMENT ACCOUNTING,
GOVERNMENT AUDITING,
GOVERNMENT BORROWING,
GOVERNMENT EFFORTS,
GOVERNMENT PROGRAMS,
HOUSING,
HUMAN RESOURCE,
HUMAN RESOURCE DEVELOPMENT,
HUMAN RESOURCE POLICIES,
INTERNAL AUDIT,
INTERNAL AUDITING,
INTERNAL AUDITORS,
INVENTORY,
JUDICIAL REFORM,
LACK OF SEGREGATION,
LAWS,
LEGAL FRAMEWORK,
LEGISLATION,
LEGISLATIVE PROCESSES,
LOCAL GOVERNMENTS,
MANAGEMENT,
MANAGEMENT OF STATE FINANCES,
MEMBERS OF PARLIAMENT,
MINISTRIES,
MINISTRIES OF FINANCE,
MINISTRY OF FINANCE,
NATIONAL BUDGET,
NATIONAL LEVEL,
OLIGARCHY,
OPERATING EXPENSES,
PRIVATE SECTOR,
PUBLIC ACCOUNTABILITY,
PUBLIC ADMINISTRATION,
PUBLIC EXPENDITURE,
PUBLIC EXPENDITURE REVIEWS,
PUBLIC EXPENDITURES,
PUBLIC FINANCES,
PUBLIC FUNDS,
PUBLIC OFFICIALS,
PUBLIC PROCUREMENT,
PUBLIC PROCUREMENT SYSTEM,
PUBLIC RESOURCES,
PUBLIC SECTOR,
PUBLIC SECTOR ACCOUNTABILITY,
PUBLIC SECTOR ACCOUNTING,
PUBLIC SPENDING,
PUBLIC USE,
REGULATORY FRAMEWORK,
REPRESENTATIVES,
SOCIAL PROGRAMS,
SOCIAL SAFETY,
SOCIAL SAFETY NET,
STATE BUDGET,
STATE ENTERPRISE,
STATE FINANCE,
STATE REVENUES,
STATE-OWNED ENTERPRISES,
TAX,
TAX REVENUES,
TECHNICAL ASSISTANCE,
TRANSPARENCY,
TREASURY,
WORKING CAPITAL, |
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| Online Access: | http://documents.worldbank.org/curated/en/2001/04/1121270/indonesia-country-financial-accountability-assessment
https://hdl.handle.net/10986/14334
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