Article Sidebar

Download
Download Article

Main Article Content

Abstract

This study examines depreciation corrections as indicators of weaknesses in fixed asset accounting policies within public sector financial reporting. A case study at Community Health Center X employs evidence from the Public Accounting Firm (PAF) audit and recent literature analysis to assess compliance with GASS standards. The findings reveal inconsistencies in recording depreciation and asset disposal, resulting in overstated asset values, distorted depreciation expenses, and delays in asset retirement. These conditions reduce the quality of financial statements, hinder budget efficiency, and potentially affect audit opinions. Key contributing factors include limited human resource capacity, inadequate asset information systems, and the absence of standardized disposal procedures. The study recommends the digitalization of asset management systems, the development of standardized SOPs for asset disposal, regular inventory and reconciliation, and capacity building for financial and asset officers. Implementing these measures is expected to enhance the quality of financial reporting, strengthen public accountability, and improve the legitimacy of local government financial governance.

Keywords

Fixed Assets Public Financial Reporting Depreciation Correction Asset Disposal

Article Details

Creative Commons License

This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.

How to Cite
Rohmawati, I. P., & Widodo, C. (2025). Fixed Asset Audit of Health Center X by PAF Based on Findings of Depreciation Corrections for Equipment and Machinery. Golden Ratio of Data in Summary, 5(4), 809–824. https://doi.org/10.52970/grdis.v5i4.1602
Download Citation
Endnote/Zotero/Mendeley (RIS)
BibTeX

References

  1. Ait Novatiani, R. K. (2024). Internal auditor competence and internal control: Improving internal audit quality to prevent fraudulent financial statements. Cogent Business & Management, 11(1), 2409339. https://doi.org/10.1080/23311975.2024.2409339
  2. Alessa, A. S. (2024). Adoption of International Public Sector Accounting Standards (IPSAS): A thematic literature review. Journal of Public Budgeting, Accounting & Financial Management, 36(2), 145–162. https://doi.org/10.1108/JPBAFM-01-2023-0005
  3. Alissa, W. E. (2024). Systematic review of auditing practices: A bibliometric review of recent auditing research. Research in Auditing Practices Review.
  4. Anggraeni, R. N. (2024). Reforming fixed asset accounting in the public sector: Global practices and policy insights. Sinergi International Journal of Accounting & Taxation, 2(4), 189–199. https://doi.org/10.54443/sijati.v2i4.189
  5. DeFond, M. E. (n.d.). Mandatory internal control audits, audit adjustments, and financial reporting outcomes. The Accounting Review.
  6. Diantimala, Y., & Wijayana, S. (2024). Compliance and familiarity with fixed assets’ disclosure requirements and firm value. Emerging Markets Review, 62, 101182. https://doi.org/10.1016/j.ememar.2024.101182
  7. Febriana, D., & Nurmalasari, D. (2024). Tinjauan perhitungan dan pelaporan penyusutan aset tetap menggunakan PSAP 07 pada Sekretariat DPRD Kabupaten Karawang tahun 2021. Jurnal Ilmiah Wahana Pendidikan, 10(5), 195–217. https://doi.org/10.5281/zenodo.10000000
  8. Fitriah, D., & Damanik, R. (2024). Analisis penyusutan aset tetap pada Kantor Dinas Pendidikan Kabupaten Berau. Accountia Journal, 7(2), 97–107. https://doi.org/10.5281/zenodo.10000001
  9. Government Accountability Office (GAO). (2024). Government auditing standards — 2024 revision. Washington, DC: GAO.
  10. Ghazali, A. E. (2024). The relationship between audit adjustments and audit quality in Iraq. Journal of Risk and Financial Management, 15(8), 330. https://doi.org/10.3390/jrfm15080330
  11. Handoyo, S. (2024). Mapping the landscape of internal auditing effectiveness study: A bibliometric approach. Cogent Business & Management, 11(1), 2289200. https://doi.org/10.1080/23311975.2024.2289200
  12. Harahap, A. J. (2024). Evaluating the impact of risk management and risk-based internal audit on fraud detection in local governments. Problems and Perspectives in Management, 22(3), 100–112. https://doi.org/10.21511/ppm.22(3).2024.09
  13. Kementerian Keuangan Republik Indonesia. (2024a). Peraturan Menteri Keuangan Republik Indonesia Nomor 122/PMK.05/2024 tentang PSAP berbasis akrual No.18. Jakarta: Kemenkeu.
  14. Kementerian Keuangan Republik Indonesia. (2024b). Peraturan Menteri Keuangan Republik Indonesia Nomor 123/PMK.05/2024 tentang PSAP No.19 mengenai pengaturan bersama. Jakarta: Kemenkeu.
  15. Kementerian Standar Akuntansi Pemerintahan (KSAP). (2025). Buku standar akuntansi pemerintahan berbasis akrual: Pernyataan standar akuntansi pemerintahan (PSAP) terbaru. Jakarta: KSAP.
  16. Kaganova, O., & Akhmedov, A. (2025). Do accounting and asset management at governments evolve together? Public Money & Management. https://doi.org/10.1080/09540962.2025.2473908
  17. Mourad, A. (2023). Accrual accounting in the public sector of emerging economies: A bibliometric analysis. Journal of Applied Accounting Research, 24(3), 567–589. https://doi.org/10.1108/JAAR-10-2022-0256
  18. Nafisya, A. S. (2024). The effect of capital and personnel expenditures on the level of regional financial autonomy in Yogyakarta. AKUMULASI: Indonesian Journal of Applied Accounting and Finance, 3(1), 47–62. https://doi.org/10.20961/akumul.v3i1.00000
  19. Rahim, N., & Basuki, H. (2024). Public sector auditing and accountability in developing countries: A systematic review. International Journal of Public Sector Management, 37(4), 512–530. https://doi.org/10.1108/IJPSM-09-2023-0247
  20. Shen, F. (2024). A study on fixed asset management of utilities under the new governmental accounting system. Accounting, Auditing and Finance, 5(1), 92–98. https://doi.org/10.23977/accaf.2024.050113
  21. Tumija, T., & Rachmadika, I. (2024). Efektivitas pemindahtanganan aset peralatan dan mesin melalui penjualan di Badan Pengelolaan Keuangan dan Aset Daerah Kabupaten Sidoarjo. Jurnal Ekonomi dan Keuangan Publik, 11(2), 93–111.
  22. Yang, Y., & Zhang, H. (2025). Towards common prosperity: Accelerated depreciation policy of fixed assets and labor income share. International Journal of Financial Studies, 13(1), 46. https://doi.org/10.3390/ijfs13010046
  23. Yuhani, O., & Darmawan, M. (2024). Evaluasi reformasi birokrasi dengan menggunakan modifikasi indeks pengelolaan aset. Jurnal Akuntansi Trisakti, 11(1), 1–24. https://doi.org/10.25105/jat.v11i1.00000
  24. Zailastri, L. (2022). Ketidaktepatan kebijakan penyusutan aset tetap dan implikasinya terhadap kualitas laporan keuangan. Jurnal Akuntansi Publik, 15(1), 33–49. https://doi.org/10.5281/zenodo.10000002

Similar Articles

<< < 2 3 4 5 6 7 8 9 10 11 > >> 

You may also start an advanced similarity search for this article.