Implementation of Accrual Accounting: Review of Readiness and Arising Problem

Started on January 1, 2015, all government agencies should have implememted the accrual basis. The purpose of this study is to provide the results of a review of readiness and the problems arising from the introduction of accrual accounting on Local Government Unit. This study used mixed methods. The results of the data collected by the method of quantitative survey showed that only 68.8% of the 25 sectors in Palembang which are already implementing accrual accounting on its Financial Statements. The result of interviews which is the method of collecting qualitative data indicates that there are some problems.