Al-Mahali Islamic Boarding School Administration Empowerment through Financial Management in Conformity with Accounting Standards

Enok Rusmanah,Fredi Andria,Jalaludin Almahali,Amelia Rahmi

doi:10.33479/jacips.2021.1.1.33-47

Enok Rusmanah, Fredi Andria + Show 2 more

Open Access

https://doi.org/10.33479/jacips.2021.1.1.33-47

Copy DOI

Abstract

Islamic boarding schools have an important role in Indonesia not only in developing religious knowledge but also in the building of character for the nation. With 26,000 schools in 2018 and around 4 million students recorded, Islamic boarding schools are among one of the various institutions in Indonesia that partake in the field of education. Islamic boarding schools also have a role in the country's economic development. However, regarding financial management as an educational institution, many Islamic boarding schools still utilise manual record-keeping methods. Such methods are currently insufficient to facilitate institutional development. The Al-Mahali Islamic boarding school is well aware of this issue and took the initiative to invite speakers from Economics Faculty of Pakuan University to share their knowledge on financial record-keeping in conformity with financial accounting standards (PSAK 45, SAK ETAP, and SAKSyariah). The knowledge-sharing program was held in an SAK based accounting training activity for the financial administration of Al-Mahali Islamic boarding school and students in general as a provision to expand their knowledge. The program was carried out smoothly and was greeted with enthusiasm by the participants. A follow-up mentoring session was planned to be held in the future regarding the implementation of SAK.

Highlights

Islamic boarding schools have been a part of Indonesian society for hundreds of years
Several studies on the application of Islamic boarding school accounting have found that the Islamic boarding school accounting system has not been optimally implemented by local Islamic boarding schools (Suherman, 2019, Lubis and Ovami, 2019, Niati, et al, 2019, Sulistiani, 2019b)
In line with the research conducted by Rachmani (2020) on ten Islamic boarding schools in Pekalongan Regency, it shows that the knowledge possessed by the school's managers will relate to the presentation of Islamic boarding school financial reports

Summary

Introduction

Islamic boarding schools have been a part of Indonesian society for hundreds of years. Islamic boarding schools are religiously distinct and have many unique characteristics influenced by local traditions and culture (Kompasiana.com, 2020). Islamic boarding schools have experienced very significant growth in numbers over the last few decades in rural, suburban, and urban areas (Muhyiddin, 2017). Until 2018 there were 26,000 Islamic boarding schools with approximately 4 million students in Indonesia (Faradisi, 2019). This number is spread across 34 provinces in Indonesia with several of them accommodating most schools, such as in Aceh, West Java, Central Java, East Java, and Banten. The following is data for Islamic boarding schools in five regions

Methods

Results

Discussion

Conclusion