Performance Measurement of State University with Service Public Financial Management Board in Indonesia

Asri Diah Susanti, Anni Aryani


This study aims to determine the pattern of university performance management Public Service Board (BLU). To measure the size of the financial performance of the university using the ratio Composite Financial Index (CFI) Higher Education made ​​by KPMG in the financial statements of public universities in Indonesia. This ratio includes the primary reserve ratio, net income ratio, return on net assets ratio, and the viability ratio. To determine the performance of three ways, namely by comparing the performance of units before and after use patterns BLU financial management, comparing the performance of units BLU and units non-BLU, examine the effect of flexibility on performance. The analytical tool used in this research is to use your paired sample t-test, independent sample t-test, and linear regression.

The results showed that there were different university performance before and after using the BLU management scheme, there are different patterns of performance management BLU and universities with the pattern of non-BLU, and flexibility affect the performance. This difference is seen in the primary reserve ratio and the net income ratio. Return on net assets ratio showed no significant results, whereas the viability ratio can not be measured because only two universities that reported this ratio. The university is the University of Indonesia and Hasanuddin University.


Aguinis, H. 2013. Performance management Boston: Pearson Education . 3rd edition

Arnaboldi, M., dan Giovanni A. 2010. Constructing performance measure in public sector.Critical Perspective on Accounting 21 (2010) 266-282.

Breithbarth, T., Rob M., Rob L. 2010.Service Performance Measurement in a New Zealand local Government Organization. Business Horizons (2010) 53, 397-403.

Brignall, S. and Modell, S. 2000.An Institutional Perspective on Performance Measurement and Management in the “New Public Sector”. Management Accounting Research 11:281-306

Depkin, C., Nguyen, G., dan Sarkar, S. 2006. Agency costs, executive compensation, bonding and monitoring: A stochastic frontier approach. Paper presented at annual meeting of American Economic Association (AEA). Boston. MA.

Einshardt, K. M. Agency theory: an assessment and review. Academy of management review 1989. Vol 14 no 1 57-74.

Godall, Amanda H. 2008.Highly Cited Leaders and the Performance of Research Universities. Cornell University

Govermental Accounting Standard Board. 1994. Concepts Statements No. 2, Service Efforts and Accomplishment Reporting, September 2000.

Guthrie, J. and Parker, L.D. 1990. Corporate social disclosure practice: A comparative international analysis. Advances in Public Interest Accounting, Vol, 3 pp. 159-175.

Hood, C. 1995. “The new Public Management” in 1980s : Variation on Themes’. Accounting, organization and Society, Vol 20, No 2/3, pp 93-109.

Jansen, E. P. 2008. New Public Management: Perspective on Performance and The Use of Performance Information. Financial Accountability & Management, 24 (2), May 2008, 0267-4424.

Jensen, M.C dan William H. Meckling. 1976. Theory of the firm: manajerial behavior, agency cost and ownership structure. Journal of financial economics 3 (1976) 305-306. North-Holland Publish Company

Izzaty, Kharina Nur. 2011. Pengaruh Gaya Kepemimpinan dan Kualitas Sumber Daya Manusia terhadap Penerapan Anggaran Berbasis Kinerja Badan Layanan Umum. Skripsi. Universitas Diponegoro

KLLP, KPMG dan Prager. 1999. Ratio Analysis in Higher Education Measuring Past Performance to Chart Future Direction Fourth Edition, U.S.A.

Kurunmaki, L. dan Peter M. 2006.Modernising Goverance: The Calculating Self: Hybridisation and Performance Measurement. Financial Accountability and Management, 22(1), February 2006, 0267-4424.

Maharani, Anggit et al. 2013.Analisis Kinerja Keuangan Sebelum dan Sesudah Penerapan Pola Pengelolaan Keuangan Badan Layanan Umum.Jupe UNS

Mardiasmo. 2005. Akuntansi Sektor Publik.Yogyakarta: Andi.

Mary, F., Teresa P. G., Janet G., and Elizabeth K. K. 2004.Measuring Operations : An Analysis of Us Private Collages and Universities Financial Statements. Financial Accountability & Management, 20 (2), may 2004, 0267-4424.

Modell, Sven. 2003. Goals versus institutions: the development of performance measurement in the Swedish university sector. Management Accounting Research 14 (2003) 333–359

Peraturan Pemerintah nomor 23 Tahun 2005

Peraturan Menteri Keuangan nomo 76 Tahun 2008

Peraturan Pemerintah Nomor 74 tahun 2012 jo Peraturan Pemerintah Nomor 23 Tahun 2005 tentang Pengelolaan Keuangan Badan Layanan Umum

Peraturan Pemerintah Nomor 71 Tahun 2010 tentang Standar Akuntansi Pemerintahan

Peraturan Pemerintah Nomor 8 Tahun 2006 tentang Pelaporan Keuangan dan Kinerja Instansi Pemerintah

Peraturan Menteri Keuangan Nomor 171/PMK.05/2007 tentang Sistem Akuntansi dan Pelaporan Keuangan Pemerintah Pusat

Peraturan Menteri Keuangan Nomor 76/PMK.05/2008 tentang Pedoman Akuntansi dan Pelaporan Keuangan Badan Layanan Umum

Petrie, M. 2002. A framework for public sector performance contracting. The OECD journal of budgeting volume 1 no 3 tahun 2002

Pilcher, R., dan Mitchell V. D. R. 2010. Local Government , unexpected depreciation, and financial performance adjustment. Financial Accountability & Management, 26 (3), August 2010 0267 -4424.

Rahman, A. 2007. Pengaruh peran manajerial pengelola Keuangan Daerah dan Fungsi Pemeriksa Intern Tehadap Kinerja Pemerintah Daerah (survey pada Pemda kota, Kabupaten dan Provisnsi di Jawa Tengah). Jurnal maksi Vol 7, no 2 agustus 2007, 206-220.

Sadjiarto, A. 2000.Akuntabilitas dan pengukuran kinerja Pemerintahan. Jurnal Akuntansi & Keuangan Vol. 2, No. 2, Nopember 2000: 138 – 150

Sarrico, Claudia S. 1998. Performance Measurement in UK Universities: Bringing in the Stakeholders' Perspectives Using Data Envelopment Analysis.Skripsi.Warwick University

Stan, B. dan Sven M. 2000.An institutional perspective on performance measurement and management in the “new public sector” . Management Accounting Research, 2000, 281-306.

Standar Auditing Seksi 508

Trianasari, Ely dan Idrus, Muhammad Syafiie.Evaluasi strategi rsud dr. Saiful anwar (RSSA) malang sebelum dan sesudah badan layanan umum daerah (BLUD). Universitas Brawijaya Malang

Undang-undang nomor 42 tahun 2008 Pemilu Presiden dan Wakil Presiden

Undang-undang nomor 22 tahun 2003 Susunan dan Kedudukan MajelisPermusyawaratan Rakyat, Dewan Perwakilan Rakyat, Dewan Perwakilan Daerah, dan Dewan Perwakilan Rakyat Daerah

Undang-Undang Nomor 17 Tahun 2003 tentang Keuangan Negara

Undang-Undang Nomor 1 Tahun 2004 tentang Perbendaharaan Negara

Undang-Undang Nomor 15 Tahun 2004 tentang Pemeriksaan Pengelolaan dan Tanggung Jawab Keuangan Negara

Wijayaningrum, E. 2012.Analisis pengaruh fleksibilitas pengelolaan keuangan terhadap kinerja keuangan BLU sebelum dan sesudah penerapan PPk BLU (kasus RSUP Dr. Sardjito Yogyakarta, 2012.Tesis. UGM

Worthington, Andrew C. 2003. Efficiency, technology and productivity change in Australian universities, 1998-2003. University of Wollongong

Yi Wua, Hung. 2010. Performance evaluation of extension education centers in universities based on the balanced scorecard. Elsevier Ltd


Jurnal Akuntansi dan Bisnis (JAB)
ISSN 1412-0852 (print), 2580-5444 (online)
Published by Accounting Study Program, Faculty of Economics and Business, Universitas Sebelas Maret, Indonesia

Creative Commons License
JAB on is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License

Visitor Statistic