Analisis Kondisi Keuangan Pemerintah Kabupaten Di Kalimantan

An assessment of the financial condition of district governments in Kalimantan will provide an early warning to implement good regional financial management, so that regional financial health can be maintained. An analysis of the financial condition of district governments on the island of Kalimantan  has never been carried out. The APBD is one of the stimuli used by district governments to encourage regional economic growth. Therefore, based on this phenomenon, it is necessary to analyze the financial condition of the district government in all regions of Kalimantan. This study uses a descriptive quantitative approach using the method of budget solvency, service solvency, and financial independence. The data used is secondary data, namely the 2014-2018 Budget Realization Report. The study population was 37 district governments on the island of Kalimantan. The research sample was 185 samples. The results of the research by the Government of Mahakam Ulu Regency which is located in East Kalimantan Province and Sekadau Regency in West Kalimantan Province have the highest budget solvency, while the solvency of Sambas Regency in West Kalimantan and Kutai Kartanegara in East Kalimantan has the lowest budget solvency. The best financial independence in all districts in Kalimantan was obtained by Penajam Paser Utara District in East Kalimantan and Lamandau District in Central Kalimantan. The lowest level of financial independence was obtained by Kayong Utara District, West Kalimantan and Mahakam Ulu Regency, East Kalimantan. Tana Tindung and Mahakan Ulu districts had the highest service solvency, while Kubu Raya and Sambas districts had the lowest solvency.Keywords; Budgetary Solvency; Financial Independence; Service-Level Solvency; and District Government

EARNINGS PERSISTENCE AFTER ADOPTION INTERNATIONAL FINANCIAL REPORTING STANDARDS (IFRS) ON REAL ESTATE SECTOR AT THE INDONESIA STOCK EXCHANGE

ABSTRACT This study aims at empirically testing on the adoption of IFRS increase earnings persistence. The sample of this study was taken from both Real Estate companies that have adopted IFRS in 2013 and 2014 and those that have not adopted IFRS in 2010 and 2011yet. The tests were conducted to see the persistence of earnings by looking at the correlation of earnings persistence at variable debt coverage, operating cycle, and company size. Results of tests performed show that the level of debt, the size of the company's operating cycle did not experience a difference after the adoption of IFRS. Thus, this phenomenon needs more attention from the investors in terms of making investment decisions. Theoretically, the implications of this study show that the persistence of earnings before and after the adoption of IFRS is not relevant when tested using variable levels of debt, operating cycle, and the size of the company. Regarding the aspect of decision-making that uses financial information, it is necessary to conduct an assessment using variables other than those tested in this study, because the variables used in this study did not have a significant effect on the persistence of earnings before and after the adoption of IFRS. The weakness of this study is that its sample was restricted only to the Real estate company. This study was conducted only in two years before and after the implementation of IFRS. Variables used to determine the effects of the persistence of profit before and after IFRS have not represented the impact on the persistence of earnings before and after the adoption of IFRS. Keywords: Persistence of earnings, IFRS, the operating cycle, debt coverage, company size