摘要：In the government accounting, budget has stages which are quite complicatedand contains political nuances. Budget formation in government institutionshould be published to be discussed, criticized and given input, but at PrivateSector, budget is part of private consumption, closed from public. In doing thiswriting, the writer was introduced to practices of preparation of FinancialStatements at Government Agency non-profit-based oriented as opposed toprivate institutions having priority on profits in their business activities, but doesnot mean that government agency does not have goals that are financial butdifferent philosophically, conceptually, and operationally from profitabilityorientation of the private sector. Also, the writer was taught about the InstitutionAccounting Standards program. Therefore, budget on the public sector hasseveral major functions, among which: a planning tool, a tool of control,performance assessment tools. Therefore budgeting is a vital process.Keywords: Budgeting, Budget Realization, Accounting Standards Institution
