ANALYSIS OF REGIONAL FINANCIAL RATIO IN ASSESSING FINANCIAL PERFORMANCE OF REGIONAL GOVERNMENTS OF CIREBON REGENCY
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Date
2021
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Widyatama University - WIBEST
Abstract
Regional autonomy or decentralization gives each regional government the authority to regulate and manage
its government, especially financial performance. Assesment of local government financial performance can
show the financial condition of the local government. This research was conducted and obtained by using the
types of quantitative data and qualitative data. The quantitative data used is the 2019-2020 Budget
Realization Report, while the quantitative data used is an overview of the Cirebon Regency BKAD. The data
source of the 2019-2020 Budget Realization Report is the secondary data. Data collection techniques used
are observation, interviews, and literature study. The data analysis method used is regional ratio analysis,
such as independence ratio analysis, PAD effectiveness ratio analysis, efficiency ratio analysis, suitability
ratio analysis, and growth ratio analysis. The results show that judging from the ratio of financial
independence, the financial performance of the local government of Cirebon Regency is still very low or still
instructive. The ratio of independence in 2019 was 18.96% and increased in 2020 to 19.55%. Even though it
is seen from the trend that the independence ratio has increased, the relationship pattern is still in the range
of 0%-25%, which is instructive.