Research Paper
Year: 2020 | Month: April | Volume: 7 | Issue: 4 | Pages: 437-444
The Model of Presentation of Net Financing Accounting based on 2019 Government Accounting Standards to the Nias Regency Government
Sever Ramapius Gulo, Regina Bukit, Iskandar Muda
Universitas Sumatera Utara, Medan, Indonesia.
Corresponding Author: Sever Ramapius Gulo
ABSTRACT
Regional Recognition of Net Financing recorded by the Nias District Government. Financing receipts are recognized when cash is received and financing expenditures are recognized when cash is issued in the State / Regional General Cash Account or by the reporting entity. The policy, measurement, recognition and presentation of financial statements for net financing implemented by the Nias District Government are guided by PSAP No. 02 PP number 71 of 2010 concerning Government Accounting Standards. Net financing is the difference between the receipt of financing after deducting financing expenditures in a certain fiscal year period. Net financing is used to cover surpluses / deficits and affect SILPA. Financing measurements using the rupiah currency based on the present value of cash received or to be received by the present value of cash issued or to be issued. Financing measured in foreign currency is converted to rupiah based on the exchange rate (middle rate of Bank Indonesia) on the date of financing transaction.
Keywords: Recognition of financing, financing receipts, financing expenditures, net financing, SILPA, SAP and PSAP No. 02
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