VILLAGE FINANCIAL MANAGEMENT IN IMPROVING COMMUNITY WELFARE
Keywords:
Village Financial Management, Financial Ratios, Village Management, Community Welfare.Abstract
This research identifies village financial management in Mokong Village, Moyo Hulu District, Sumbawa Regency through financial ratios consisting of financial independence, effectiveness, efficiency and activity ratios. Management of village financial management includes planning, implementation, supervision, accountability and reporting. Implementation of strategies/efforts to improve village financial management in order to encourage community welfare. The results showed that village financial independence was still low, the effectiveness ratio was classified as very effective, the efficiency ratio was in the criteria of inefficiency and the activity ratio was in the unfavorable category and was still low. From a management point of view, financial management is not yet optimal, so a strategy is needed in order to increase village progress which can improve the welfare of the community for a better standard of living.
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