JUrnal Riset Ilmu Pendidikan
Vol. 4 No. 1 (2024): Jurnal Riset Ilmu Pendidikan

Financial Ratio Analysis to Measure the Financial Performance of the Regional Government of North Sumatera Province for the 2018-2022 Budget Year

Habiba, Habiba (Unknown)
Pitria, Melani (Unknown)
Safitri, Rahma Aliya (Unknown)
Lubis, Yunita br (Unknown)
Chrisna, Heriyati (Unknown)



Article Info

Publish Date
29 Feb 2024

Abstract

This study aims to analyze the financial performance of the North Sumatera Provincial Government using financial ratios as a measuring tool during the 2018-2022 fiscal year period. The financial ratios used in this study include the independence ratio, effectiveness ratio, decentralization ratio, and regional revenue and expenditure growth ratio. The data used were obtained from the annual financial report of the North Sumatera Provincial Government during the period. The analytical method applied is quantitative descriptive analysis, where financial data is processed and analyzed to determine the extent of the regional government's financial performance in budget management and achieving revenue and expenditure targets. The results of the study show that although there are several indicators that show improved performance, several financial ratios still show imbalances that require further attention to improve budget management and strengthen regional fiscal independence. This study is expected to provide a clear picture of the financial condition of the regional government and provide recommendations for improvements in regional financial management in the future.

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Journal Info

Abbrev

JRIP

Publisher

Subject

Education Languange, Linguistic, Communication & Media Other

Description

Jurnal Riset Ilmu Pendidikan adalah jurnal yang diterbitkan oleh Lembaga Riset Mutiara Akbar, Medan, Indonesia merupakan jurnal akses terbuka yang dapat digunakan sebagai media interaksi bagi seluruh cendikiawan di berbagai bidang pendidikan dan penelitian. Pokok bahasannya meliputi studi tekstual ...