Develop Financial Performance in Government Agencies and Institutions.

Such information can be in the form of financial transactions and other economic events that involve receiving, expending, transferring, utilizing, and disposing of assets and liabilities. Before implementing an accrual-based accounting system, the government of Indonesia has since long ago used a cash-based accounting system. Under a cash-based system, economic transactions and other economic events are recognized when cash or its equivalents are received or paid to validate the existence of revenue, expense, and financing.