Search results
Results from the WOW.Com Content Network
Fund accounting is an accounting system for recording resources whose use has been limited by the donor, grant authority, governing agency, or other individuals or organisations or by law. [1] It emphasizes accountability rather than profitability, and is used by nonprofit organizations and by governments.
Accounting, also known as accountancy, is the process of recording and processing information about economic entities, such as businesses and corporations. [1] [2] Accounting measures the results of an organization's economic activities and conveys this information to a variety of stakeholders, including investors, creditors, management, and regulators. [3]
The Institute of Indonesia Chartered Accountants, formerly Indonesian Institute of Accountants or Ikatan Akuntan Indonesia (IAI) is the national organisation of professional accountants in Indonesia. [ 1 ] [ 2 ] IAI is a founding member of the International Federation of Accountants (IFAC) and the ASEAN Federation of Accountants (AFA).
The agency was created in 2011 under the Law No. 21 of 2011 as an independent institution responsible for regulating and supervising Indonesia’s financial sector. [4] It was created to replace the financial oversight functions previously held by Bank Indonesia (BI) and the Capital Market and Financial Institutions Supervisory Agency (Bapepam-LK), ensuring a more integrated and comprehensive ...
The Ministry of Finance of the Republic of Indonesia gets the largest number of graduates every year. The other government institutions get a portion of the college graduates allocation are the Government Accountability Office of the Republic of Indonesia ( Badan Pemeriksa Keuangan Republik Indonesia/ BPK RI )and the Financial and Development ...
A Financial Sector Policy Committee (FSPC/Komite Kebijakan Sektor Keuangan) was formed on 21 August 1998 whose members included the main economic ministers of Indonesia, and the Independent Review Committee (IRC), which includes representatives from International Monetary Funds (IMF), the World Bank and Asian Development Bank (ADB).
Unlike sovereign wealth funds of other countries which manage excess oil revenues or foreign exchange reserves, the INA seeks foreign funds as co-investors to finance the country's economic development. [5] In 2022, INA became a Full Member of the International Forum of Sovereign Wealth Funds non profit organization.
The aim of SNA is to provide an integrated, complete system of accounts for economic analysis, decision taking and policymaking. As individual countries use SNA as a guide in constructing their own national accounting systems, it result in higher international comparability. However, adherence to an international standard is entirely voluntary ...