Abstract
Pesantren Nurul Muhibbin Tanah Laut, which is classified as a new Islamic boarding school, was founded in 2018, and as such, it requires significant input and assistance in resolving issues, particularly those relating to financial management and accounting information systems. If an error is made, not only social sanctions are imposed, but also legal sanctions; this must be a bright spot in the pesantren's financial management. This research employs a qualitative approach in the hope of identifying financial phenomena that can be used as material for joint evaluation. The study examines financial planning, implementation, supervision, and reporting phenomena. This financial process will be visualized as a flowchart in the hope that the relationship between the various components is obvious. Several of the findings in this study indicate that financial planning has been successful in terms of implementing a priority scale, deliberatively forming APBPP, and developing plans to strengthen pesantren financial management. The implementation process has not perfectly implemented the principle of accountability and generally continues to make ineffective cash payments, the supervisory process continues to violate the principles of organizational adjustment and responsibility, and the management accounting process and reporting continue to have numerous shortcomings, such as conventional accounting processes and the use of accrual accounting. The pesantren currently lacks a flow chart that adequately depicts the financial management process.
Highlights
In Indonesia, education is etymologically translated as "Tarbiyah" from the Arabic verb "Rabba,"which means to nurture, educate, and nurture
Financial management, as a unit comprised of the planning, implementation, supervision, and accountability processes, requires a well-defined set of systems
Financial planning in the object as a whole can be said to be effective because it is carried out deliberatively and in accordance with established procedures, beginning with an inventory of implemented plans and ending with the calculation of required funds, which are poured into the Islamic Boarding School Expenditure Budget (APBPP)
Summary
In Indonesia, education is etymologically translated as "Tarbiyah" from the Arabic verb "Rabba,". Education defines how people participate in social life and provides opportunities for social and economic participation in labor markets as well as pathways for social and spatial mobility for individuals and families[1]. Despite their higher education, there are still many people who are less than optimal at achieving the goals of this education. With the paradigm in the community that spiritual intelligence is important for the quality of life, Islamic boarding schools are created. Financial management, as a unit comprised of the planning, implementation, supervision, and accountability processes, requires a well-defined set of systems. Interviews, documentation, and literature studies in order to obtain interpretations of the phenomena observed in the object of research in order to draw conclusions as a form of useful evaluation
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More From: International Journal of Research in Vocational Studies (IJRVOCAS)
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