1999 was the beginning of a new era of regional autonomy marked by the enactment of Law Number 22 Year 1999 on Regional Government. Central Government decentralized some authorities to local governments. It results the rights and obligations of local governments to regulate and manage their own households. The decentralization followed by transfer authority of financial management. Local governments have the right to design their own policies in order to achieve state objectives, including policies in financial management. Local governments come to have their own programs and activities in accordance with the conditions of their respective regions. Different programs and activities from each region caused differences in budget allocations. This situation raises the variability of financial condition of each local government. On the other hand, in managing their finances local governments have to obey the regulation, in purpose to be efficient, economical, transparent and accountable financial management. read more

The opportunity and experience of studying in Master of Accounting, Faculty of Economics and Business, Gadjah Mada University (FEB UGM) is a valuable and extraordinary experience for me. The study activities make me familiar with every elements of campus like fellow students, lecturers and administrative staff. During my studies I also feel the warmth and kinship atmosphere that healed my homesick . My studies went well although there were lots of assignments with strict deadlines. But thanks to the matriculation class that allowed me to studied and did tasks without complaint. read more