Research Article
Financial Performance Analysis For Local Government at Gorontalo Province
@INPROCEEDINGS{10.4108/eai.14-8-2024.2351605, author={Dwi Winarni and Iwan Fakhruddin and Nawalin Nazah and Ani Kusbandiyah and Luthfi Zamakhsyari and Rifka Utami Arofah}, title={Financial Performance Analysis For Local Government at Gorontalo Province}, proceedings={Proceedings of the 4th International Conference on Business, Accounting, and Economics, ICBAE 2024, 14-15 August 2024, Purwokerto, Indonesia}, publisher={EAI}, proceedings_a={ICBAE}, year={2024}, month={11}, keywords={independence ratio; effectiveness ratio; growth ratio}, doi={10.4108/eai.14-8-2024.2351605} }- Dwi Winarni
Iwan Fakhruddin
Nawalin Nazah
Ani Kusbandiyah
Luthfi Zamakhsyari
Rifka Utami Arofah
Year: 2024
Financial Performance Analysis For Local Government at Gorontalo Province
ICBAE
EAI
DOI: 10.4108/eai.14-8-2024.2351605
Abstract
Financial performance is a level of achievement of the results of work in the financial field for activities that have been carried out. Therefore, local governments need to conduct financial analysis using the independence ratio, compatibility ratio, and growth ratio. The purpose of the study was to determine the financial performance of the Gorontalo Provincial Government. The results of this study indicate that the Independence Ratio in 2020 was 23.76% then rose to 27.15% in 2021. In 2022 the Independence Ratio increased by 32.30%, so for this independence ratio is Low. The Financial Performance of the Regional Government of Gorontalo Province when viewed from the Operational Expenditure Compatibility Ratio has an average that is classified as good and in the category of financial capability has met the criteria. While Capital Expenditure Starting in the year has an average that is classified as not good so that in the category of financial capability it does not meet the criteria. Furthermore, the PAD Growth Ratio of Gorontalo Province Experiences Flexible Growth where in 2020 it shows a presentation rate of -10.42%, then in 2021 it increases with a total presentation of 17.06%, and in 2022 it decreases again with a percentage of -6.92%, so this growth ratio reaches the low growth category.
