Jumat, 20 Maret 2015

MY JOURNEY to PUBLIC ACCOUNTS AND FINANCE MANAGEMENT COURSE: Institute of Government Accounts and Finance, New Delhi India



Dr. Darmawan, M.A.B[1]


      Plan

When I told my plan to my family, my colleague about public accounts and finance management course at the Institute of Government Accounts and Finance, New Delhi India. So many of them asked the same question: what are you doing? What are you finding out in India? India finance managements are better than Indonesia? Or what?

Without disguise, I must give the answer that I do not know at all about finance management in India, theory and its implementation. But as I know, so many Journal, paper, book and other literature written by Indians, or at least named India. That is my only reason to choose India as my destination to learn more in finance field.

     Result
I loved to observe people. How they communicate or how they react to something. Being in the class with so many culture in there, it's very interesting for me. That makes me learn more how I must make communication to other people with various countries. Actually, I am a teacher in the university. As an associate professor, I have a new vision know. What are student do when the teacher explain something in front of the class. This new knowledge, I hope, make me a good teacher in the future.
Generality in this course I learn that management has 3 main stages: Plan, Action and evaluation. There are  many an interesting  discussion in the class. But I have noted some new thing for me:
How to respond to the issue, debt and spending a country

In the growing discussion can be concluded that for developing countries, the debt will be difficult to avoid. However, we still have not the financial statements surplus. This suggests that developing countries still need a debt to cover the budget deficit. This is what makes developing countries must still take out a loan.
So, the strategy is how to reduce it? Or at least, how to reduce their impact? There are several ways that should be a major concern in developing countries. The first tightening budgets or budget discipline and the second increase domestic debt. Why should to increase domestic debt? External debt mean, there will be a number of funds that moved out of the country through interest payments. It will reduce the amount of capital in the country. Different from, if the source is derived from domestic debt. Interest incurred will remain in the country.
They're so much thinking I can write thousand page base on my journal in India. But, it can be done because facilitating from Ingaf to me and my lovely country Indonesia. Thanks to our best program coordinated Mr. Satis Kumar, to Join Director who is always with us in our class, to Director of Ingaf and all Staff of Ingaf. And sure to Indian people who are paying taxes, and make me here standing in front of you. Thanks for all the hospitality and kindness, Wassalamu’alaikum warahmatullahi wabarokatuh.



[1] Ph.D in Management science, Finance Management. Official of Ministry of Religious Affairs. Republik of Indonesia

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