Quality of Local Government Financial Reports in Indonesia from the Perspective of Reporting, Monitoring and Examination Entity

The purpose of this research is to see and analyze the qualitative characteristics of local government financial reports from the perspective of the Reporting Body (OPD), Internal Supervisory Agency (Inspectorate) and External Supervisory Agency (BPK-RI) in North Sumatra Province. The population of this study was all Regional Apparatus Organizations (OPD), Inspectorates and Representatives of the The Audit Board of the Republic of Indonesia (BPK RI) Representative of the Province of North Sumatera. The sample for this research was all OPD, Level One Inspectorate and Representatives of the Supreme Audit Board of the Republic of Indonesia (BPK RI) of North Sumatra Province amounted to 320 samples. This research is quantitative. Data collection techniques using a questionnaire. Data analysis techniques used descriptive analysis and t-test to compare statements or responses from OPD, the Inspectorate and the The Audit Board of the Republic of Indonesia (BPK RI) Representative of the Province of North Sumatera. The results of the study indicate that there are differences of views between the Regional Apparatus Organizations (OPD), the Inspectorate of North Sumatra Province and the Supreme Audit Agency of the Republic of Indonesia (BPK RI) Representative of North Sumatra Province regarding the financial quality of regional financial reports in terms of the qualitative characteristics of local government financial reports. This study also concludes that in addition to the four qualitative characteristics according to Government Regulation of the Republic of Indonesia Number 71 of 2010, indicators of compliance with regulations also improve the quality of local government financial reports.