Tri Diana Sari
Budget Analyst, Planning and Budgeting Directorate, Universitas Negeri Surabaya Indonesia

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The The Readiness Evaluation of Being Legal Entity State University in terms of Asset Optimalization (A Lesson from Universitas Negeri Surabaya) Nuri Susilawati; Tri Diana Sari; Teguh Wahyudi; Masita Nur Hayati
International Journal of Economics, Business and Innovation Research Vol. 3 No. 01 (2024): January, International Journal of Economics, Business and Innovation Research
Publisher : Cita konsultindo

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Abstract

Asset management is an important factor in the process of being financially independence. Physical infrastructure is needed to create income both from academics as well as non-academics activities. Using unstructured qualitative research, this study collect data from university financial report to describe how effective is the university in using its assets. The results successfully disclose that the use of assets has already create income beyond targeted. Even though some years seems not achieved due to pandemic. This implies that the university at its best effort to optimize its assets. Based on in-depth interview, it is discovered that the assets is well-managed in terms of administrative works, but there is an ample room to improve that is integrating important issues for stakeholders into asset strategic plan. Thus all assets used may not only use at optimum capacity but also creating value for stakeholders. The idea of green business and digital business may help management to create competitive advantage. In general, UNESA is ready to change its status from Public Service Agencies into Legal Entity State University. But, to be sustain in long term, UNESA need to consider stakeholder perspectives into its strategic plan.
Transparency Still Valuable When Budget Details Are Wrong? Tri Diana Sari; Nuri Susilawati; Teguh Wahyudi; Masita Nur Hayati
International Journal of Economics, Business and Innovation Research Vol. 3 No. 01 (2024): January, International Journal of Economics, Business and Innovation Research
Publisher : Cita konsultindo

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Abstract

This research aims to explore how universities use budgets to achieve their goals. Using a qualitative approach, we interviewed the deputy dean responsible for managing the university budget and the head of planning and budgeting to explain how they interpreted the 2023 budget to achieve the university's goals. Based on their statements, this research found that there were inconsistencies, meaningless words, and ambiguous descriptions but the aim remained the same. So our findings suggest that objectives become unimportant when the budget is irrelevant, transparency becomes useless due to incorrect budget details.