The purpose of this research is to know the principle of financial accountability of regionally owned enterprises. This research belongs to the type of normative legal research (legal research) or also called doctrinal research. Sources of Legal Materials are primary legal material, Secondary legal material, tertiary legal material. Legal material collection techniques are carried out by conducting tracing, collection and documentation studies of primary, secondary and tertiary legal materials. The method of analysis of legal materials used in this study is a normative method in prescrrutive optics with deductive-inductive reasoning. The results of the study showed that the company's corporation as a legal entity and as a subject of law can only be criminally accounted for, if the administrators commit an act, and the act there is an element of error or human being in the form of intentionality or error, with no reason for forgiveness and the criminal act is carried out for the benefit of the corporation/company and the action is carried out still within the scope of its authority. The responsibility of the company's board in a civil manner if it takes legal action/legal actions that exceed the power and authority specified in the company's articles of association/corporations so as to cause losses to the corporation/company, then the company's board is collegial responsible for rent. There are problems and conflicts normatively in the accountability of the board of directors, this problem arises on the one hand the company must be held accountable to the state because all capital submitted is the property of the state which refers to the provisions of the law governing the state's interest, while on the other hand the directors are bound by the provisions of the Limited Liability Company and responsible.

Index Terms- Principles of Accountability, Finance, RegionalLy Owned Enterprises