86.Overviu PMK 212/2019 tentang Jurnal Akuntansi Pemerintah Pusat

Mukhtaromin Kartawirja

31 Oct 202107:49

Summary

TLDRThe Indonesian government's financial accounting is guided by PMK 212/2016, which sets general accounting principles for recording transactions, financial events, and reporting. It introduces various types of journals, including transactional, adjustment, and Bogor journals. The 2017 Pemkab 212 replaces the 2013 PMK 215, updating accounting practices in Sakti applications. The government accounting cycle involves identification, recording, summarizing, and financial reporting. It uses single and double-entry systems, standard account charts, and integrated applications to ensure proper financial management and accountability, reflecting the separation of administrative and financial powers as per the 2004 State Treasury Law.

Takeaways

📚 The script discusses the accounting practices of the government, specifically focusing on the PMK 212 of 2016, which regulates the general principles of government accounting.
📋 PMK 212 of 2016 outlines the procedures for recording transactions and financial events, as well as the submission of financial reports, in accordance with government accounting standards and systems.
🔍 The script mentions that PMK 212 of 2016 includes various types of journals such as transaction journals, adjustment journals, and Bogor journals.
📈 PMK 212 of 2016 was replaced by PMK 215 of 2013, which only covers government accounting and has been used in the Sakti application.
🔄 The accounting cycle of the central government is generally divided into four stages: identification, recording and measurement, summarizing financial reports, and preparing financial reports.
📊 The script highlights the characteristics of government accounting journals, including the use of a single entry system for budget control and a double entry system for all other journals.
🔢 The use of codification or classification of transactions according to PMK is mentioned, which aligns with the standard chart of accounts.
📘 The script discusses the use of general ledgers for classifying transactions from journals and special books for transactions from cash journals.
💼 The basic equation of government accounting is assets equal to liabilities plus equity, which determines the normal balance of accounts.
🏦 The script explains the separation of duties between administrative authority and financial authority, as outlined in Law No. 1 of 2004 on State Treasury.
🔗 The connection between accounting records is made through inter-entity accounts, such as receivables from other entities and payables to other entities.

Q & A

What is the main focus of PMK 212/2016?
-PMK 212/2016 focuses on the general principles of accounting for the central government of Indonesia, including the recording of financial transactions and events, and the submission of financial reports in accordance with government accounting standards.
What are the types of journals mentioned in PMK 212/2016?
-The types of journals mentioned include the journal of transactions, journal of financial transactions, journal of transitory transactions, journal of adjustments, and the journal of Bogor.
What replaced PMK 212/2016?
-PMK 212/2016 was replaced by Pemkab 212/2017, which updated the accounting practices for the government, addressing the non-compliance issues that had been used in the Sakti application.
How is the accounting cycle for the central government of Indonesia generally divided?
-The accounting cycle for the central government is generally divided into four stages: identification of transactions, recording and measurement of financial transactions, preparation of financial summaries, and preparation of financial reports.
What are the characteristics of government accounting journals as described in the script?
-The characteristics include the use of a single-entry system for budget control, a double-entry system for all other journals except for the budget journal, the use of codification for transaction identification, and the use of ledger books for classifying transactions.
What is the significance of the single-entry system in government accounting?
-The single-entry system is used for managerial control of transactions and budgeting. It simplifies the accounting process by recording transactions in one account only, which is particularly useful for budgetary control.
How does the double-entry system differ from the single-entry system in government accounting?
-The double-entry system records transactions in at least two accounts, reflecting both the debit and credit aspects of financial events, providing a more comprehensive and balanced view of the government's financial activities.
What role does codification play in the identification of transactions in government accounting?
-Codification is used to classify transactions according to the Standard Chart of Accounts (SCA), ensuring consistency and standardization in the recording and reporting of financial data.
What is the purpose of using ledger books in government accounting?
-Ledger books are used to classify transactions that originate from journals, such as the general ledger for all transactions and specific books for transactions involving cash or specific accounts.
How does the script describe the relationship between accounting and the separation of powers in government finance?
-The script describes the separation of administrative authority and accounting authority, where administrative authority is responsible for budget execution and payment orders, while accounting authority manages cash disbursements and receipts, ensuring transparency and accountability in financial management.
What is the significance of the integration of accounting systems in government finance as mentioned in the script?
-The integration of accounting systems allows for a more efficient and effective management of financial transactions and reporting, facilitating the connection between different entities and ensuring the accuracy and consistency of financial records.

Outlines

00:00

📚 Government Accounting Principles and Journal Entries

The first paragraph discusses the principles of government accounting as outlined in the Indonesian Presidential Decree No. 212 of 2016 (PMK 212). It covers the general accounting standards for government transactions, financial recording, and reporting. The decree specifies the types of journals used in government accounting, including transaction journals, adjustment journals, and the Bogor journal. It also mentions the transition from an earlier decree (PMK 215 of 2013) and the integration of these accounting practices into the Sakti application. The paragraph also explains the four stages of the government accounting cycle: identification, recording, summarizing, and reporting. Additionally, it highlights the characteristics of government accounting journals, including the use of single-entry and double-entry systems, coding of transactions, and the use of specific ledgers for different types of transactions.

05:02

🏦 Separation of Financial Powers and Accounting Practices

The second paragraph delves into the separation of financial powers as mandated by Law No. 1 of 2004 on State Treasury. It distinguishes between administrative authority, which is responsible for budgeting and approval of payments, and treasurer authority, which oversees the disbursement of funds. This separation is implemented in accounting practices where different entities record different aspects of financial transactions. For instance, when expenditure is allocated, one entity records the allocation while another records the cash outflow. Similarly, when income is realized, one records the realization while another records the cash inflow. The paragraph also explains the use of inter-entity accounts to connect these financial records, providing examples of how expenditure and income transactions are recorded in different accounting systems.

Mindmap

Keywords

💡Government Accounting

Government Accounting refers to the systematic recording, classification, and reporting of financial transactions of the government. It is crucial for transparency and accountability in public finance management. In the video's context, it discusses the principles and standards set by the PMK 212/2016, which governs the accounting practices for the Indonesian government.

💡PMK 212/2016

PMK 212/2016 is a regulation issued by the Indonesian government that establishes the general accounting principles for government accounting. It is mentioned in the script as the regulation that organizes the accounting journal for the government, including the recording of transactions and financial reporting.

💡Journal Accounting

Journal Accounting is a method of recording financial transactions in a journal before they are posted to the ledger. It is fundamental in accounting as it provides a chronological record of transactions. The script refers to various types of journals outlined in PMK 212/2016, such as the transaction journal and adjustment journal.

💡Single Entry System

The Single Entry System is a bookkeeping method where transactions are recorded in only one account, typically used for budgetary control. The script mentions its use in government accounting for managing transactions and budgetary entries.

💡Double Entry System

Double Entry System is a bookkeeping method where every transaction is recorded in at least two accounts, reflecting both the debit and credit aspects. It is generally used in the full accounting system of the government, except for budgetary journals, as mentioned in the script.

💡Standard Chart of Accounts

The Standard Chart of Accounts provides a framework for classifying financial transactions into specific accounts. It is used to ensure consistency and comparability in financial reporting. The script refers to the codification of transactions according to the standard chart of accounts as per PMK.

💡General Ledger

The General Ledger is the central repository of accounting information, summarizing all financial transactions. It is used to classify transactions from the journal entries. The script mentions its use in government accounting to classify transactions.

💡Special Books

Special Books are specific accounting records used to classify transactions from certain journals, such as the cash journal. The script refers to the use of special books for classifying transactions originating from cash journals and other specific journals.

💡Inter-entity Accounts

Inter-entity Accounts are used to record transactions between different entities within the government. The script discusses how these accounts are used to record transactions such as budget allocations and cash flows between government institutions.

💡Administrative Authority

Administrative Authority refers to the power to conduct financial transactions, including approval and payment orders. It is one of the separations of powers in government accounting, as mentioned in the script, which distinguishes it from the financial authority of the State Treasurer.

💡State Treasurer

The State Treasurer holds the financial authority in government accounting, which includes the power to disburse funds. The script refers to the role of the State Treasurer in managing cash outflows and recording cash inflows, as part of the separation of powers in financial management.

Highlights

PMK 212/2016 regulates general accounting principles for government accounting.

It covers the recording of transactions and financial events, and reporting in accordance with government accounting standards.

PMK 212/2016 includes various types of journals such as transaction journals, adjustment journals, and Bogor journals.

PMK 212/2017 replaced PMK 215/2013, focusing on government accounting practices.

The accounting cycle for the central government is divided into four stages: identification, recording, summarizing, and reporting.

The single entry system is used for controlling managerial transactions and budgetary journals.

The double entry system is generally used for all journals in complete government accounting except for budgetary journals.

Transactions are identified and codified according to PMK, using the standard account chart.

The ledger is used to classify transactions originating from journals.

Special books are used to classify transactions from cash journals.

The relationship between accounting entries is managed through inter-entity accounts, such as receivables and payables.

The basic accounting equation for government accounting is Assets = Liabilities + Equity.

Increases in asset accounts are recorded on the debit side, and decreases are recorded on the credit side.

Increases in liability accounts are recorded on the credit side, and decreases are recorded on the debit side.

The separation of administrative and financial powers is outlined in Law No. 1 of 2004 on State Treasury.

Administrative authority involves budget execution, verification, and payment orders.

Financial authority involves cash management and disbursement.

When expenditure is recorded, the agency records the expenditure, and the cashier records the cash outflow.

When revenue is realized, the agency records the realization, and the cashier records the cash inflow.

Inter-entity accounts are used to connect the recording of transactions between different entities.