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View all search resultsJakarta the first to implement e-audit
JAKARTA: The city administration has been acknowledged as the first Indonesian province to implement electronic auditing (e-audit) for its financial transactions, Governor Fauzi Bowo said on Monday
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J
AKARTA: The city administration has been acknowledged as the first Indonesian province to implement electronic auditing (e-audit) for its financial transactions, Governor Fauzi Bowo said on Monday.
According to him, the system has made it easier for the Supreme Audit Agency (BPK) to monitor budget use, ensuring transparency in budget spending.
“We have been declared as the first province to implement e-audit by the BPK. It is good news for us,” he was quoted by beritajakarta.com.
Fauzi said that the announcement and tender process for all city projects had been posted online, 80 percent of which had been executed. The system, he said, had cut 13.75 percent of the city’s budget allotted for the project’s publication. Meanwhile, as of September, the administration had used 47.58 percent of its Rp 33.827 trillion total budget this year. The spending was 2.8 percent higher compared to last year’s third quarter.
