Juridical Analysis of Regional Financial and Asset Management: A Study at Regional Financial and Asset Management Agency Office in Riau Islands Province – AJHSSR

Juridical Analysis of Regional Financial and Asset Management: A Study at Regional Financial and Asset Management Agency Office in Riau Islands Province

Juridical Analysis of Regional Financial and Asset Management: A Study at Regional Financial and Asset Management Agency Office in Riau Islands Province

ABSTRACT: Regional Finance is an integrated component of the state financial system. The regions do not bear the cost of government administration because the central government annually distributes balancing funds to the regions due to the deconcentration, assistance, and decentralization principles that govern the division of tasks between the central and regional governments. The study’s objective is to determine the best way to govern the legal administration of regional finance and assets at the regional financial and asset management agency office of the Riau Islands Province.The implementation of regional financial and asset management and the factors impede regional financial and asset management issues for solutions. The purpose of this study is to ascertain the legal framework for regional financial and asset management, to ascertain the implementation of the regional financial and asset management legal analysis, and to ascertain the factors that act as impediments to regional financial and asset management solutions. This study employs a descriptive methodology, obtaining primary data via field research utilizing a normative approach or legal research. The study’s findings show that regional financial and asset management has been generally successful, but notably, there are still many field barriers of human resources in regional finance.

Keywords: Management, Finance, Regional Assets