Financial Performance Measurement of Higher Education Institutions at UIN Sultan Maulana Hasanudin Banten

Jamaluddin; Andi  Gunawan; Chumairoh; Jainul  Abidin

doi:10.31002/rekomen.v6i2.1094

Authors

Jamaluddin UIN Sultan Maulana Hasanuddin Banten
Andi Gunawan UIN Sultan Maulana Hasanuddin Banten
Chumairoh UIN Sultan Maulana Hasanuddin Banten
Jainul Abidin UIN Sultan Maulana Hasanuddin Banten

DOI:

https://doi.org/10.31002/rekomen.v6i2.1094

Keywords:

Financial Performance Evaluation, Higher Education Institution, Financial Ratio Analysis

Abstract

This research aims to evaluate the financial performance of higher education institutions after the implementation of the Financial Management Pattern for Public Service Agencies (PPK-BLU), as outlined in the Regulation of the Directorate General of Treasury No. PER-21/PB/2015, with a specific focus on UIN SMH Banten. The objective is to understand UIN SMH Banten's financial performance to make informed decisions for future financial improvement. Both quantitative and qualitative data were used. The primary analytical method applied was quantitative, predominantly financial ratio analysis in accordance with the regulation, as mentioned earlier. Analysis of UIN SMH Banten's financial statements from 2020 to 2022, benchmarked against the standards established by Regulation No. PER-21/PB/2015 and its nine indicators indicate that UIN SMH Banten's financial performance falls under the 'B (Medium)' category, aligning with the 30 < TS ≤ 40 standard intervals. From the balance sheet, operational reports, and financial performance calculations, recommended strategies to elevate UIN SMH Banten's financial performance encompass asset optimization, cost management evaluation, and technology investment.

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