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State Finance Accountability Committee
The State Finance Accountability Committee ( (BAKN)) is an auditory body of the legislative branch in Indonesia's political system and was established under Paragraph 6 of Indonesian Law No.27 2009 enacted on 29 August 2009.;Paragraph 6 of Indonesian Law No.27 2009 * The BAKN is formed by the DPR and is a permanent complementary organ of the Indonesian Peoples Representative Council (DPR) (Clause 110). * The DPR determines the composition and membership of the BAKN at the commencement of the period of membership of the DPR and the commencement of the sessional year (Clause 111 . * BAKN members number no less than 7 and no more than 9 persons, from proposals from the DPR fractions determined at a plenary meeting at the commencement of the period of membership of the DPR and the commencement of sessional year (Clause 111 . * The BAKN leadership is a collective and collegial leadership entity (Clause 112 . * The BAKN leadership consists of one chair and one deputy chair who are sele ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Politics Of Indonesia
The politics of Indonesia take place in the framework of a presidential representative democratic republic whereby the President of Indonesia is both head of state and head of government and of a multi-party system. Executive power is exercised by the government. Legislative power is vested in both the government and the bicameral People's Consultative Assembly. The judiciary is independent of the executive and the legislature.King, Blair. Inside Indonesia:Constitutional tinkering: The search for consensus is taking time access date 23 May 2009 The 1945 constitution provided for a limited separation of executive, legislative and judicial power. The governmental system has been described as "presidential with parliamentary characteristics". Indonesia was democratic upon independence, but became authoritarian in 1957 under Sukarno. It remained authoritarian under his successor Suharto until the Indonesian riots of May 1998 and the resignation of President Suharto, which led ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Audit
An audit is an "independent examination of financial information of any entity, whether profit oriented or not, irrespective of its size or legal form when such an examination is conducted with a view to express an opinion thereon." Auditing also attempts to ensure that the books of accounts are properly maintained by the concern as required by law. Auditors consider the propositions before them, obtain evidence, roll forward prior year working papers, and evaluate the propositions in their auditing report. Audits provide third-party assurance to various stakeholders that the subject matter is free from material misstatement. The term is most frequently applied to audits of the financial information relating to a legal person. Other commonly audited areas include: secretarial and compliance, internal controls, quality management, project management, water management, and energy conservation. As a result of an audit, stakeholders may evaluate and improve the effectiveness of ris ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Bank Indonesia
Bank Indonesia (BI) is the central bank of the Republic of Indonesia. It replaced in 1953 the Bank of Java (, DJB), which had been created in 1828 to serve the financial needs of the Dutch East Indies. History Bank of Java King William I of the Netherlands granted the right to create a private bank in the Indies in 1826, which was named . It was founded on 24 January 1828 and later became the bank of issue of the Dutch East Indies. The bank regulated and issued the Netherlands Indies gulden. In 1881, an office of the Bank of Java was opened in Amsterdam. Later followed the opening of an office in New York. By 1930 the bank owned sixteen office branches in the Dutch East Indies: Bandung, Cirebon, Semarang, Yogyakarta, Surakarta, Surabaya, Malang, Kediri, Banda Aceh, Medan, Padang, Palembang, Banjarmasin, Pontianak, Makassar, and Manado. The Bank of Java was operated as a private bank and individuals as well as industries etc. could get help in the bank's offices. File ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Plenary Council
In the Roman Catholic Church, a plenary council is any of various kinds of ecclesiastical synods, used when those summoned represent the whole number of bishops of some given territory. The word itself, derived from the Latin ''plenarium'' (complete or full), hence ''concilium plenarium'', also ''concilium plenum''. Plenary councils have a legislative function that does not apply to other national synods. The ecumenical councils or synods are called plenary councils by Augustine of Hippo, as they form a complete representation of the entire Church. Thus also, in ecclesiastical documents, provincial councils are denominated plenary, because all the bishops of a certain ecclesiastical province were represented. Later usage has restricted the term ''plenary'' to those councils which are presided over by a delegate of the Apostolic See, who has received special power for that purpose, and which are attended by all the metropolitans and bishops of some commonwealth, empire, or kingdom, o ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Government Of Indonesia
The term Government of the Republic of Indonesia (, GOI, sometimes also referred to as Government of Indonesia or the Central Government () especially in laws) can have a number of different meanings. At its widest, it can refer collectively to the three traditional branches of government – the executive branch, legislative branch and judicial branch. The term is also used colloquially to mean the executive and legislature together, as these are the branches of government responsible for day-to-day governance of the nation and lawmaking. At its narrowest, the term is used to refer to the executive branch in the form of the President of Indonesia, as assisted by the Vice President of Indonesia, Vice President and the Cabinet of Indonesia, Cabinet, as this is the branch of government responsible for day-to-day governance. History Liberal democracy phase An era of Liberal Democracy () in Indonesia began on August 17, 1950, following the dissolution of the federal United State ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Finance In Indonesia
Finance refers to monetary resources and to the study and discipline of money, currency, assets and liabilities. As a subject of study, is a field of Business Administration wich study the planning, organizing, leading, and controlling of an organization's resources to achieve its goals. Based on the scope of financial activities in financial systems, the discipline can be divided into personal, corporate, and public finance. In these financial systems, assets are bought, sold, or traded as financial instruments, such as currencies, loans, bonds, shares, stocks, options, futures, etc. Assets can also be banked, invested, and insured to maximize value and minimize loss. In practice, risks are always present in any financial action and entities. Due to its wide scope, a broad range of subfields exists within finance. Asset-, money-, risk- and investment management aim to maximize value and minimize volatility. Financial analysis assesses the viability, stability, and prof ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
