Analysis of Financial Condition of Cianjur Local District West Java Province Fiscal Year 2015-2019

Abstract

This research aims to analyze the financial condition of cianjur Local of West Java Province
fiscal year 2015-2019. Financial conditions are measured using dimension models
according to Ritonga (2014) namely: 1) short-term solvency, 2) long-term solvency, 3)
budgetary solvency, 4) financial flexibility, 5) service solvency, 6) financial independence
and 7) operational solvency because Local Governments have implemented accrual-based
accounting policies. This type of research in this study is quantitatively descriptive. The
analysis technique uses descriptive statistics in processing secondary data sourced from the
Inspection Results Report (LHP) on the Local Government Financial Report (LKPD) in
2015-2019. The results of the study, in general, show the financial condition of cianjur
district government is quite good only on the dimensions of short-term solvency, long-term
solvency, financial flexibility, and operational solvency have a downward ratio trend each
year while the dimensions of budgetary solvency, financial independence, and service
solvency are trending up. This indicates that in general the Local Government has a good
ability to conduct financial management and serve the community.