Changes In Net Assets Research Articles

Implementasi Akuntansi Pura: Studi Kasus di Pura Khayangan Tiga Desa, Kamiwangi, Kecamatan Toili Barat, Kabupaten Banggai, Provinsi Sulawesi Tengah

The aim of this research is to implement accounting in the preparation of financial reports at Khayangan Tiga Temple, Kamiwangi Village in accordance with Accounting Standards, especially ISAK 35. This research uses a qualitative approach with descriptive methods. The informants in this study were 5 people. In this research, data was collected using observation, interview and documentation techniques. The data analysis techniques in this research are data collection, data reduction, data presentation, and drawing conclusions. The results of this research show that Pura Khayangan Tiga, Kamiwangi Village, has carried out financial records, but it is still done in a simple manner where it is only limited to cash income and expenditure. The financial reports presented are only daily cash reports which are still not in accordance with the Financial Accounting Standards Interpretation (ISAK) No. 35. After presenting the financial report for Khayangan Temple Three Kamiwangi Villages based on ISAK No. 35 produces five financial reports, namely Comprehensive Income Report, Change in Net Assets Report, Financial Position Report, Cash Flow Report, and Notes to Financial Reports.

Implementation of ISAK No. 35 on the presentation of financial statements of non-profit-oriented entities (Study at GMIM Bukit Hermon Malalayang)

ISAK No. 35 can be used as a reference in preparing non-profit-oriented financial reporting. One non-profit oriented entity is a church, in this case, the Evangelical Christian Church in Minahasa (or often called GMIM). This study was carried out at GMIM Bukit Hermon Malalayang which is located in Malalayang District, Manado City. This study aims to examine the preparation of church financial reports based on ISAK No. 35 at GMIM Bukit Hermon Malalayang. The study method used is a qualitative approach based on case studies. The results show that the presentation of GMIM Bukit Hermon Malalayang's financial reports has not implemented ISAK No. 35 concerning the presentation of financial statements of non-profit-oriented entities. However, financial reporting is simply based on the GMIM Synod Treasury Supervision and Management Service Guidelines. During the 2023 period, financial reporting has been adjusted to ISAK No. 35 which consists of a comprehensive income report, change in net assets report, financial position report, cash flow report and notes to financial reports.

Penerapan ISAK 35 Tentang Penyajian Laporan Keuangan Entitas Berorientasi Non Laba Pada Yayasan Panti Asuhan Yatim Piatu Assalafiyah

Noen-proefit oerganizatioens are oerganizatioens that doe noet have the aim oef making a proefit, but instead foecus oen service and suppoerting noen-coemmercial public interests. Which noen-proefit oerganizatioens include religioeus oerganizatioens, schoeoels, hoespitals, coemmunity oerganizatioens. Financial Accoeunting Standards Noe. 35 (ISAK 35) is an accoeunting standard that is impoertant foer ensuring coensistency in financial repoerting, which coensists oef several financial repoert coempoenents such as the Financial Poesitioen Repoert, Coemprehensive Repoert, Repoert oen Changes in Net Assets, Cash Floew Repoert, and Noetes toe Financial Repoerts. This research was coenducted at the Assalafiyah Oerphanage Foeundatioen with the aim oef finding oeut the foeundatioen's financial repoerts based oen ISAK 35 coencerning the presentatioen oef financial repoerts oef noen-proefit oeriented entities. This research was carried oeut using qualitative field research methoeds with data coellectioen methoeds throeugh interviews, oebservatioen and doecumentatioen. Meanwhile, the data analysis methoed is carried oeut by means oef data transcriptioen, data triangulatioen and data reductioen, and drawing coenclusioens. The results oef this research shoew that the Assalafiyah Oerphanage Foeundatioen has noet implemented ISAK 35 which shoeuld be doene by noen-proefit oeriented entities. The recoerding oef financial repoerts carried oeut by foeundatioens is still very simple, oenly repoerting cash in and cash oeut. Therefoere, improevements have been made toe the financial repoerts in accoerdance with the proevisioens oef ISAK 35 foer the foelloewing year, soe that the Financial Repoerts are easy toe understand, and toe improeve the foeundatioen's perfoermance better and in line with the oebjectives that have been set.

Analisis Penerapan Isak 35 Tentang Penyajian Laporan Keuangan Entitas Berorientasi Nonlaba Pada Yayasan

This sudy aims to analyze the report according to ISAK 35 and find out the obstacles to making ISAK 35 financial statements at the Islamic Education Foundation Al-Ikhlas Raudlatul Athfal "Al-Ikhlas" Sukabumi. This research uses a qualitative method with a descriptive approach. Based on the research, nonprofit organizations such as foundations, their financial reporting refers to ISAK 35 related to the presentation of a nonprofit-oriented entity's financial statements with 5 (five) components of financial statements which include the statement of financial position, statement of comprehensive income, statement of changes in net assets, statement of cash flows and notes to financial statements. After analyzing what happened to this foundation in 2022, it did not use ISAK 35 financial statements as a financial reporting standard. However, the financial statements made are only simple, namely only recording cash in and cash out. As well as the initial transactions that occur are recorded first even though there is no cash to be issued so that accounting records are included in cash-based records. At the end of the year the records will be recapitulated and become a financial report that records income and expenses and is set aside as the remaining operational money or as a determinant of cash in the treasury during one period. And the obstacles to the preparation of financial statements in accordance with ISAK 35 in this foundation in terms of human resources factors.

Analisis Laporan Keuangan Pondok Pesantren Assalafi Al-Fithrah Surabaya berdasarkan ISAK 35

The aim of this research is to find out how financial reporting and implementation of financial reports are based on ISAK 35 at the Assalafi Al-Fithrah Islamic boarding school. The method used in this research is a qualitative method using a qualitative descriptive approach. In analyzing financial reports based on ISAK 35, several main foundations underlying ISAK 35 are used, namely, the basic accounting framework, accrual principles, income realization principles, fairness principles, and international accounting standards. The results of this research indicate that the Financial Position report at the Assalafi Al-Fithrah Islamic Boarding School has complied with the ISAK 35 principles in preparing the financial position report; Assalafi Al-Fithrah Islamic Boarding School has not implemented comprehensive income reporting; There are deficiencies in the report on changes in net assets; The cash flow report is in accordance with ISAK 35 principles; The notes to the financial report of the Assalafi Al-Fithrah Islamic Boarding School include a detailed explanation of each account, and this is in accordance with ISAK 35 principles.

Design of Church Financial Statements Based on Interpretation of Financial Accounting Standards (Isak) 35

The church is an entity that aims not to make a profit, so financial accountability is an important aspect of the church. Good financial accountability can only be realized if the financial reports’ church accepts financial accounting standards. The financial accounting standard governing the financial reporting financial reporting of nonprofit-reinterpretation of Financial Accounting Standards (ISAK) 35. By applying ISAK 35 in presenting church financial reports, it is hoped that parties interested in the church can assess the performance of church management and increase the congregation’s trust in the church administrator. The research location is at the HKBP Bandar Klippa Resort Epiphanias Tembung District X Medan Aceh. Data was collected through interviews and documentation. The validity of the data was tested by the triangulation method. This study aims to present church financial reports based on ISAK 35. In 2022, HKBP Bandar Klippa will have a Rp deficit (39.736.895). Also, in 2022, there were some additional fixed assets. There are two units of fans, 1 unit of keyboard, and 1 unit of audio mics, and the Sunday school building will be inaugurated in November 2023. The change in net assets was influenced by a deficit in 2022, which becomes Rp 1.021.626.010. HKBP Bandar Klippah's cash flow activities consist of operations and investments.

ANALISIS PENERAPAN AKUNTANSI BERDASARKAN ISAK 35 PADA KANTOR LEMBAGA BANTUAN HUKUM MAHARDIKA JAMBI

This study aims to apply accounting based on ISAK 35 at the office of the Mahardika Legal Aid Institute The concept of ISAK 35 allows non-profit oriented entities to adjust the description used by financial statements and the financial statements themselves include statements of financial position, comprehensive income statements, statements of changes in net assets, statements of cash flows, and notes to financial statements At the Mahardika Legal Aid Institute has not implemented or made reports to these financial statements. The purpose of this study is to find out how the presentation of financial statements at the Legal Aid Institute. The types of data used are primary data and secondary data. Data collection techniques are carried out using interview and documentation techniques. The data analysis method used is qualitative descriptive, which is a method that describes, describes, compares data and circumstances and explains a situation in such a way that a conclusion can be drawn. The research was conducted at the Mahardika Engineering Legal Aid Institute research.
 Based on the results of the analysis, the financial statements of the Mahardika Legal Aid Institute are not in accordance with ISAK 35 because the presentation of the financial statements of the Mahardika Legal Aid Institute still uses simple recording. The financial statements of the Mahardika Legal Aid Institute have not made a statement of financial position, comprehensive income statement, statement of changes in net assets, statement of cash flows, and notes to financial statements.

Analisis Kesiapan Penerapan Laporan Keuangan Berdasarkan Interpretasi Standar Akuntansi Keuangan (ISAK) 35 (Studi Kasus Di Yayasan Pendidikan SMP SMA Islam Cendekia El Hakim Banda Aceh)

This research is to determine the Readiness for Implementing Financial Reports Based on the Interpretation of Financial Accounting Standards (ISAK) 35 at the El Hakim Islamic Scholar High School Middle School Education Foundation Banda Aceh. This research uses qualitative research methods and data collection techniques using interview and documentation techniques. This research uses data collection techniques by means of interviews by interviewing several workers at the El Hakim Islamic Scholar Middle School Banda Aceh. The results of this research. The El Hakim Islamic Scholar Middle School Education Foundation has prepared financial reports every month but the financial reports presented are only limited to information on income and cash expenditures of the El Hakim Islamic Scholar Middle School Middle School Education Foundation. The financial reports presented by the El Hakim Islamic High School Middle School Education Foundation are not in accordance with financial reporting standards in accordance with the Interpretation of Financial Accounting Standards (ISAK) 35. This is proven by the form of financial reports prepared by the El Hakim Islamic High School Middle School Education Foundation only limited to information on cash income and expenditure without any information on comprehensive income reports, financial position reports, cash flow reports, reports on changes in net assets, and notes to financial reports. Meanwhile, the Islamic Scholar El Hakim Middle School Middle School Education Foundation was initially not fully ready to implement financial reports in accordance with the Interpretation of Financial Accounting Standards (ISAK) 35.

PENERAPAN ISAK 35 TENTANG PENGELOLAAN LAPORAN KEUANGAN ENTITAS BERORIENTASI NON LABA Studi Kasus Pada Vihara Dhammadipa Arama Batu Malang

Abstract The presentation of financial reports for non-profit organizations is regulated in the Statement of Financial Accounting Standards (PSAK) 45 since 1997 which was later updated with the Interpretation of Financial Accounting Standards (ISAK) 35 which became effective in 2020. The purpose of this study was to look at the presentation of financial reports at the Dhammadipa Arama Temple accordance with ISAK 35 and its benefits. The type of research used in this study is a descriptive qualitative method with a case study approach. The form of financial reports at the Dhammadipa Arama Batu Temple in 2022 has been adjusted to ISAK 35 which consists of a Comprehensive Income Statement, a Statement of Cash Flows, a Report on Changes in Net Assets, a Report Finance and Notes to Financial Statements. The Dhammadipa Arama Monastery has many benefits that will be obtained by implementing ISAK 35 in financial reports including improving the quality of financial reports, completing elements of financial reports and making it easier to find out surplus (deficit), being able to see how much current assets and non-current assets they have.

Accountability For Financial Management Based On Isak 35 On The Financial Reports Of Non-Profit Organizations For Prosperity (Case Study At The Taqwa Muhammadiyah Mosque Kp. Dadap City Of Medan)

This study aims to determine the problem of recording the financial statements of the Taqwa Muhammadiyah Mosque which are still simple and not in accordance with the applicable Financial Accounting Standards Interpretation, namely ISAK 35. The purpose of this research is to examine the prosperity of the mosque and aims to find out how ISAK 35 is implemented at the Taqwa Mosque. Muhammad Kp. City of Medan. The type of research that the authors use is field research with qualitative methods. The technique used is in the form of documentation and interview techniques, namely the data contained in the financial reports of the Taqwa Muhammadiyah Mosque for the period of January 2023 which were compiled by the management of the Taqwa Muhammadiyah mosque. The results of the research show that the recording of financial reports carried out by the Taqwa Muhammadiyah Mosque has 5 components, namely a report on financial position of Rp. 22,178,500 while the comprehensive income report is Rp. 3,786,000, Report on changes in net assets of Rp. 22,178,500, the cash flow statement amounted to Rp. 22,178,500, and notes to the financial statements. And the mosque has been said to be prosperous because apart from the infaq box, the mosque's income is also in the distribution of building rent.

საქართველოში საპენსიო ფონდების ბუღალტრული აღრიცხვისა და ფინანსური ანგარიშგების საკითხისათვის

In Georgia, A pension fund includes pension contributions made by employers, employees, the government, as well as any investment returns, gains or losses accrued on pension assets. The amount of accumulated funds depends on the amount of individual contributions, the profit of the fund and the number of participants. The pension system is a source of long-term financial resources, which contributes to the development of the capital market, the latter having a positive effect on the country's economy. Implementation a private pension system in our country is the most optimal decision, which will improve the long-term pension provision of pensioners. Countries in a situation similar to Georgia do not have to invent any radical innovations in the mentioned field, because European countries have a rich and diverse experience in the development of the social sphere. Sharing their experience is enough to develop your own model and successfully implement it in practice. Due to the great importance of pension funds, their accounting and reporting were included in the international accounting standards from the beginning. The first standard to regulate pension accounting with international practice - Statement of Standard Accounting Practice (SSAP) 24 - was created in Great Britain, which was launched in 1988 and remained for 12 years. The present value of the expected future payments under the pension program can be calculated and presented based on the current salary level, or on the basis of the projected salary level of the plan participants covering their entire period of service until retirement. In many countries, actuarial valuations are carried out at least every three years. If the actuarial valuations are not ready by the reporting date, the actuarial valuations of the nearest period are used as the base of the calculations and the valuation date is indicated. The management of pension funds are responsible for preparing and submitting financial statements of these funds. The government of the pension agency in Georgia are: the director, the supervisory board, the investment board and the senior investment officer. The director's responsibility is to ensure the continued operation and management of the agency. Pension Agency of Georgia presented the interim financial statements of the accumulative pension scheme as of June 30, 2022 and 2021, which include: financial statement; Statement of changes in net assets and explanatory notes to financial statements. The presented financial statements are prepared in full compliance with International Financial Reporting Standards ("IFRS"): IAS 26 - Accounting and Reporting for Pension Programs. The approved budget of the pension fund for 2022 amounts to 8,115 million GEL, which is financed by the annual service fee of pension assets, within the scope of the powers granted by the law. 65% of the budget is intended for agency management and administrative activities, and 35% for investment activities. This indicates that the management and administrative costs of the agency are presented in a large volume. It is necessary to increase investment assets at the expense of reducing them, which will contribute to the increase in profitability. Thus, it is essential that pension fund accounting reflects the long-term nature of pension liabilities and assets. They need to be reflected in order to assess the pension provision of the participants. Pension liabilities evolve over time, accounting standards use a mixed model approach, and therefore it is necessary to choose a model in which pension assets and pension liabilities are accounted for consistently. For accounting recognition, the plan value of the assets must be reduced to reflect the long-term pension liability. If pension assets are accounted for on the basis of discounted cash flows, this implies that the long-term nature of the investment planned to meet the pension obligation is accounted for in the same systematic manner as pension liabilities.

LAPORAN KEUANGAN MASJID: PERSPEKTIF AKUNTANSI SYARIAH DAN PENCEGAHAN FRAUD

This study aims to qualitatively analyze and find out the financial reports presented by mosques based on the perspective of Sharia accounting and fraud prevention. This study used a descriptive qualitative method. The data used in this research is secondary data. Secondary data was obtained from the mosque's financial reports. The results of this study indicate that DSAK IAI (Financial Accounting Standards Board of the Indonesian Institute of Accountants) as a professional organization of accountants in Indonesia issued ISAK 35 to strengthen aspects of recognition, measurement, presentation and disclosure so that the financial statements of mosques presented based on ISAK 35 include statements of financial position, comprehensive income statements, cash flow statements, reports on changes in net assets, and notes on financial statements in order to create financial reports that are easy to understand, have relevance and have high comparability to strengthen aspects of accountability and transparency in order to minimize the occurrence of fraudulent practices.

Analysis Of The Application Of The Principle Of Accountability In The Preparation Of The Financial Statements Of Political Parties Based On ISAK 35

This research was conducted at the Golkar Party DPD West Java province which is one of the non-profit entities in West Java. Financial accountability needs to be applied in nonlaba entities for the accountability of all types of expenditures on political education and the operation of political party secretariats. ISAK 35 regulates the presentation of financial statements to non-related entities consisting of: statement of Financial Position, Statement of Comprehensive Income, Statement of changes in Net Assets, statement of cash flows, and notes to financial statements (CALK). In the application of ISAK 35, not all nonlaba entities are able to apply it. The purpose of this study was to determine whether in the preparation of financial statements DPD Golkar West Java province has implemented the principle of accountability and implement ISAK 35 in the preparation of its financial statements. The method used in this study is a descriptive qualitative method as a method of approach to interpret accountability in the Financial Statements of DPD Golkar Party of West Java province. The results of this study indicate that the Golkar Party DPD West Java province has implemented the principle of accountability but has not fully implemented ISAK 35 as a guideline in the preparation of the party's financial statements.

Implementasi ISAK 35 Pada Laporan Keuangan Panti Asuhan

This study aims to analyze the application of ISAK 35 to the financial reports of the Muhammadiyah Orphanage of Nanggulan-Kulonprogo. This study employs qualitative descriptive analysis. Data were obtained through observation, interviews, and documentation at Muhammadiyah Orphanage of Nanggulan-Kulonprogo. The results show that the Muhammadiyah Orphanage of Nanggulan-Kulonprogo has not presented accountable financial reports and has not implemented ISAK 35. The financial reports in place are only monthly report of cash receipts and disbursements, also not annually accumulated. Thus, it is guided that the preparation of the financial statements of the Muhammadiyah Orphanage of Nanggulan-Kulonprogo should be based on ISAK 35 includes the Statements of Financial Position, Reports of Comprehensive Income, Reports of Changes in Net Assets, Statements of Cash Flows and Notes to Financial Statements

PENERAPAN ISAK NO. 35 TERHADAP LAPORAN KEUANGAN MASJID NURUL HAYAT LEWOLANG

This research is aimed to collect more empirical of ISAK No. 35 related to the Presentation of Financial Statements of Non-profit Oriented Entities at the Nurul Hayat Lewolang Mosque. Data collection techniques used descriptive qualitative methods with interviews, observations and documentation. The study used secondary and primary data. The study resulted in evidence that the financial statements of the Nurul Hayat Lewolang Mosque were not in line with ISAK No. 35. The financial report of the Nurul Hayat Lewolang Mosque which has been adjusted by ISAK No. 35 by classifying transactions, compiling general journals, transferring to ledgers, compiling trial balances. Finally resulted in an accounting process flow in the form of a Statement of Financial Position, Statement of Comprehensive Income, Statement of Changes in Net Assets, and Statement of Cash Flows, as well as Notes to Financial Statements.

Application of ISAK 35 concerning the Presentation of Financial Statements of Non-Profit Oriented Entities (Case Study at the Al - Marhamah Orphanage Medan)

This study aims to apply the concept of ISAK 35 concerning the Presentation of Financial Statements of Non-Profit Oriented Entities at the Al – Marhamah Orphanage in Medan. The concept of ISAK 35 is to allow non-profit-oriented entities to adjust the descriptions used for some of the posts contained in the financial statements and the financial statements themselves include statements of financial position, comprehensive income statements, reports of changes in net assets, statements of cash flows, and notes to financial statements. At the Al-Marhamah Orphanage in Medan, it has not yet implemented or made financial statements in accordance with this concept, so researchers apply the financial statements. The purpose of this study is to find out how the presentation of financial statements at the Al - Marhamah Medan Orphanage in accordance with the concept of ISAK 35 and to find out the benefits of financial statements that have used ISAK 35 for the Al - Marhamah Medan Orphanage. The data types used are primary data and secondary data. Data collection techniques are carried out using interview and documentation techniques. The data analysis method used is descriptive qualitative. The results of this study are the form of financial statements at the Al - Marhamah Medan Orphanage in 2020 has been adjusted to the concept of ISAK 35, which consists of a Comprehensive Income Report, Cash Flow Statement, Net Asset Change Report, Financial Position Report and Notes to Financial Statements, improving the quality of their financial statements, which later serves as an easier for aid providers to read how the financial statements are and to complete the elements Financial statements and making it easier to find out the surplus (deficit) of orphanage assets in the current year, besides being important, are also very helpful for the following years

Penerapan ISAK No.35 Pada Laporan Keuangan Masjid At-Taqwa

This study aims to analyze the financial statements of the At-Taqwa Wonoasri Mosque, so that it can be seen how in recording the financial statements of the At-Taqwa Wonoasri Mosque and introduce the financial standards of non-profit organizational entities, namely ISAK No. This study used a qualitative method which was carried out by direct observation and interviews with the administrators of the Wonoasri At-Taqwa Mosque. The results of this study indicate that the form of the report at the At-Taqwa Wonoasri Mosque is not in accordance with the applicable non-profit organization standards, namely ISAK No. 35. this is due to lack of updates in knowledge related to non-profit organization entity standards. The mosque's financial statements are analyzed based on ISAK No. 35 which consists of five components of financial statements, namely statements of financial position, comprehensive reports, reports of changes in net assets, statements of cash flows and notes to financial statements. Based on this research, it can be concluded that the basis of recording applied at the At-Taqwa Wonoasri Mosque is using a cash basis. After the analysis, it is known that the mosque's financial statements are not in accordance with ISAK No. 35. Then the mosque's financial statements were reconstructed in accordance with ISAK No. 35 by identifying transactions, making general journals, posting to ledgers, asset depreciation paragraphs, adjusting ledgers, trial balances.

Presentation of Financial Statements of Non-Profit Oriented Entities based on ISAK 35 at Santo Paskalis Church

In English, the word church is Chruch which comes from the Kuriakon language which means "belonging to God". As a non-profit organization to fund its ministry activities, the church accepts donations from people for the continuity of the congregation. An organization requires accounting to record every activity in one period. The financial statements of non-profit organizations are regulated by ISAK 35. Based on ISAK 35, financial reports produced from the accounting cycle of non-profit-oriented organizations include: statements of financial position, reports of comprehensive income, reports of changes in net assets , statements of cash flows, and notes to financial statements. The object of this research is St. Paskalis Church where interviews and observations were carried out in data collection. So far, St. Paschal Church is still making cash-based reports or only cash in and cash out. In short, a non-profit organization is different from a business entity. Even though non-profit organizations do not focus on making profits, they still face financial problems such as budgets in paying employees, paying bills, electricity and telephone and others.

Implementasi ISAK 35 dan Penyajian PSAK 109 dalam Laporan Keuangan pada Masjid Al-Muslimun Tulungagung

This study aims to determine the application of ISAK 35 as a standard for presenting financial statements, especially at the Al-Muslimun mosque, Tulungagung Regency, and to determine the presentation of financial statements combined between PSAK 109 and ISAK 35 to facilitate accountability and transparency of the management. The method used is a qualitative method with a case study approach. The data used in the study came from interviews, observations, documentation, and other relevant literature sources. The results of the study indicate that the Al-Muslimun mosque has not implemented ISAK 35 in the presentation of its financial statements. The financial statements are presented simply by only writing down the cash income and usage each month. The reconstruction of the financial statements for Al-Muslimun mosque shows a statement of financial position according to ISAK 35. Still, in the net assets section, it is converted into a balance of funds. Statements of comprehensive income, statements of changes in net assets, statements of cash flows, and notes to financial statements are presented under ISAK 35. Meanwhile, reports of changes in funds and reports of changes in assets under management are presented under PSAK 109.

IMPLEMENTASI ISAK 35 PADA YAYASAN IKATAN PERSAUDARAAN HAJI INDONESIA MADIUN

The goal of this study is firts, to know the management of financial of the Madiun Indonesian Hajj Brotherhood Foundation (IPHI). Second, To obstain the processing of financial statement at the Indonesian Hajj Brotherhood Foundation in Madiun with financial statements according to ISAK 35. This study is a qualitative analysis that purposes to answer questions regarding financial management at the foundation and the suitability of its financial management based ISAK 35. Collecting data through observation, interviews also with documentation. The data is processed by means of descriptive analysis. The output of research show that the Financial Statements based on ISAK 35 consist of various inform including balance sheet, report of comprehensive income, statement of changes in net assets, report of cash flows also notes to financial reports. However, the IPHI Madiun Foundation has not made the 5 (five) financial reports based on applicable standards. IPHI Madiun Foundation only makes cash in and cash out finacial reports. Accountability within the IPHI Madiun Foundation has not been carried out optimally, as evidenced by the absence of disclosure of financial conditions to the public or to donors. Recommendation that can be given are in terms of preparing financial report in conformability with ISAK 35, it can be done by participating in training which is hope to improve knowledge in the field of accounting. With ISAK 35 the IPHI Madiun Foundation may be give directives to the presentation of financial statements, and the IPHI Madiun Foundation will be more obedient to the regulations so that accountability can be obtained.