This research aims to find out the impact of assets inventory, internal control system, competence of human resources, utilization of information technology, understanding of the government accounting standard, accountability, and transparency on the quality regional financial reporting in the city of Yogyakarta and the districts in Special Region of Yogykarta. The methodology used for this research was purposive sampling method with regional apparatuses in the form of offices, institutions, and services as the sample. The type of data in this research uses multiple regression from the software SPSS V.15. The result shows that internal control system, competence of human resources, utilization of information technology, understanding of the government accounting standard,, and transparency impact positively on the quality regional financial reporting. Meanwhile, the assets inventory and accountability proves to not effectively impact the quality regional financial reporting.