Public financial management systems - Indonesia: key elements from a financial management perspective

Cover -- Title -- Copyright -- Contents -- Tables and Figures -- Acknowledgments -- Abbreviations -- I. Introduction -- II. Key Players -- A. Ministry of Finance -- B. Ministry of Planning -- C. Office of the Controller General of Accounts -- D. Office of the Comptroller and Auditor General -- E. Bangladesh Bank -- F. Asian Development Bank -- III. Budgeting -- A. Constitutional Provisions: the Consolidated fund and the Public Accounts -- B. Budget Process -- C. Budgetary channels -- IV. Onlending Arrangements -- V. Foreign Exchange and Interest Rate Risk -- VI. Funds Flow Arrangements under ADB-Financed Projects -- A. Direct Payment Procedure -- B. Advance Account Procedure -- C. Commitment Letter Procedure -- D. Reimbursement Procedure -- VII. Accounting and Reporting -- A. Accounting Systems -- B. Project Financial Statements -- VIII. Auditing Arrangements -- A. Auditing Requirements -- B. Selection Of Foreign-F Unded Projects For a udit -- C. Types of Audits -- D. Audit Standards -- E. Audit Oversight and a udit report a pproval -- F. Audit Closure Mechanism -- IX. Internal Control System -- X. Summary of Risks and Issues, and Proposed Mitigating Actions and Improvements -- Appendixes -- 1 Medium-Term Budgeting Framework Process -- 2 References.

Cover -- Title -- Copyright -- Contents -- Tables, Figures, and Boxes -- Acknowledgments -- Abbreviations -- I. Introduction -- II. Key Players -- A. Ministry of Finance -- B. Audit Board of the Republic of Indonesia -- C. Financial and Development Supervisory Board -- D. National Development Planning Agency -- E. Ministry of Home a Airffs -- F. Bank Indonesia -- G. Asian Development Bank -- III. Budgeting -- A. Project Financing Mechanism -- B. State General Treasury Account -- C. Budget Recording and Reporting -- D. Budget Process -- E. Budgetary Channels -- F. Internal Controls -- IV. Onlending Arrangements -- A. For Ministries and Agencies -- B. For Subnational Governments -- C. For State-Owned Enterprises -- V. Foreign Exchange and Interest Rate Risks -- VI. Funds Flow Arrangements -- A. Advance Fund Procedure -- B. Direct Payment Procedure -- C. Commitment Procedure -- D. Reimbursement Procedure -- VII. Accounting and Reporting -- A. Accounting Standards -- B. Financial Regulations -- C. APplication of Accounting Standards and Regulations -- D. Accounting System -- E. Responsible Units -- F. Fiscal Year -- G. Project Financial Statements -- VIII. Auditing Arrangements -- A. Auditing Requirements -- B. Resolution of Problems Raised in External Audit Reports -- IX. Summary of Risks and Issues, and Proposed Mitigating Actions and Improvements -- Appendixes -- 1 Agreed Standard Terms of Reference for the Audit of ADB Projects -- 2 Useful References and Suggested Readings.