Statement Of Financial Position Research Articles

Audit Aset Tetap pada PT. ABC

This paper is about the calculation of depreciation of fixed assets by PT ABC and kap kh auditors in the period 2019, which aims to explain the audit procedures on fixed assets of PT ABC by kap kh auditors, explain the findings of the audit of fixed assets of PT ABC, mention adjustments to the findings of the audit of permanent assets of PT ABC, and explain the impact of the audit findings on the financial statements on PT ABC period 2019. The data source used is secondary data. The data collection technique used is a documentation method. The data analysis method used is the quantitative analysis method. At the time of the audit of PT ABC's fixed assets by implementing audit procedures, there was a difference in depreciation calculation between PT ABC and kap kh auditors. Based on that, adjustment / journal correction is carried out. The difference and adjustment will have an impact on the financial statements, namely the increase in the total financial position statement and the total comprehensive income statement on the income statement of PT ABC for the period 2019.

Analysis Of Presentation Of Sharia Financial Statements According To Psak 101 At Pt. Mandiri Sharia Bank

The presentation of Islamic Financial Statements has been regulated in PSAK 101 and every bank needs to refer to it. As we know, PT Bank Syariah Mandiri is the number 1 largest Islamic bank in Indonesia and other information obtained by researchers, PT Bank Syariah Mandiri will merge with 2 other Islamic state-owned banks, namely PT Bank BNI Syariah and PT Bank BRI Syariah. Therefore, researchers are interested in examining whether the financial statements of PT Bank Syariah Mandiri are appropriate in applying the application of Financial Accounting Standards 101. The types of data used are qualitative and quantitative data, the data used are general company information and company financial statement information in 2019. Sources the data used is secondary data. The data collection method is literature study. In the financial statements of PT Bank Syariah Mandiri, the bank has reported all components of the financial statements in PSAK 101. In the Statement of Financial Position PT Bank Syariah Mandiri does not include the Istishna Assets in Settlement and Salam Receivable accounts in the Statement of Financial Position, but in PSAK 101 Paragraph 61 explains Statement of Financial Accounting Standards 101 does not regulate the composition or format of presentation of statement of financial position items. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position. However, in PSAK 101 Paragraph 61 explaining the Statement of Financial Accounting Standards 101 does not regulate the composition or format of the presentation of the statement of financial position. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position. However, in PSAK 101 Paragraph 61 explaining the Statement of Financial Accounting Standards 101 does not regulate the composition or format of the presentation of the statement of financial position. PT Bank Syariah Mandiri continues to present relevant information on the Statement of Financial Position.

PENYUSUNAN LAPORAN KEUANGAN SESUAI SAK EMKM DAN ANALISA COMMON SIZE UNTUK MENILAI KINERJA KEUANGAN MONA HIJAB FASHION

The purpose of this research is to provide a comprehensive understanding and preparation of financial records so as to produce accountable financial reports for use by interested parties. This research is a qualitative descriptive study. Data collection techniques used by interviews, observation and documentation. The data used are primary data and secondary data. The results of the study produce reports in accordance with SAK EMKM which consists of income statements, statements of financial position and notes to financial statements. From the preparation of the financial statements, Mona Hijab Fashion in 2019 experienced a loss, this is because there is no preparation of financial reports according to EMKM standards so this also affects the analysis of financial performance in the business.

DEĞERLEME ÖLÇÜLERİNİN TÜRKİYE MUHASEBE/FİNANSAL RAPORLAMA STANDARTLARI, BOBİ FRS VE VUK AÇISINDAN KARŞILAŞTIRILMASI: FİNANSAL DURUM TABLOSU AKTİF YAPISI ÜZERİNE BİR ÇALIŞMA

In this study, the valuation principles and measures in the Tax Procedure Law (VUK), Turkey Full Set Accounting / Financial Reporting Standards (TMS/TFRS) and Financial Reporting Standards for Large and Medium Enterprises (BOBİ FRS) are examined. The aim of this study is; it is the comparison of the valuation principles and measures in terms of TMS/TFRS, BOBI FRS and VUK on the elements of the asset structure of the statement of financial position and to demonstrate a common valuation basis and measure. The focus of the study is the approaches adopted by VUK, TMS/TFRS and BOBI FRS in terms of financial reporting. While the VUK focuses on the realization of financial reporting in terms of accurate calculation of the tax to be provided by the enterprises to the state, TMS/TFRS and BOBI FRS aim to provide financial information that is appropriate and truthful, understandable, comparable, verifiable and timely to those who need financial information. Valuation measures also differ due to the difference in the goals adopted.

Financial Statement Model Based on SAK EMKM In The “Polife” Student Entrepreneur Group

The purpose of this research is to create a Financial Report Model based on SAK-EMKM in the Student Entrepreneurial Group "PROLIFE" in Manado City, North Sulawesi Province. The ratio of the number of entrepreneurs or entrepreneurs in Indonesia is currently only 2 percent of the total population. Ideally, the ratio of entrepreneurs is 4 percent in order to encourage national economic growth. The POLIFE student entrepreneurial group is part of the Student Entrepreneurship Program (SEP) which is a program initiated by the Ministry of Education and Culture of the Republic of Indonesia, to be developed into campus life in order to stimulate the entrepreneurial spirit of students. As an entity, the manager is obliged to prepare financial reports, which will be used by interested parties in making decisions. To help MSMEs meet their financial reporting needs, the Indonesian Institute of Accountants' Financial Accounting Standards Board has compiled and ratified SAK EMKM. Financial reports based on SAK EMKM, which Polife must prepare, consist of a statement of financial position, an income statement, and notes to financial statements.

DESAIN APLIKASI LAPORAN KEUANGAN USAHA KOS-KOSAN BERDASARKAN SAK EMKM MENGGUNAKAN MICROSOFT ACCESS

Abstract
 The purpose of this study was to design existing financial reports using applications that are easier, faster, more complete, accurate, and timely in presenting financial statement information. This research was conducted at the Kost Katto 2 Kec. Mapanget, Manado. The data obtained from the author's interviews with business owners and employees. The research method used was a qualitative method with a descriptive approach. Data collection was carried out by means of observation, interviews, and literature study.The results showed that in preparing financial reports based on SAK EMKM using Microsoft Access, all difficulties and problems faced in preparing financial reports could be resolved. This arrangement was based on the accounting cycle by preparing the required forecast tables, after which it can input transactions and can see the results of the financial statement design in the form of an income statement, a statement of financial position, and notes to financial statements. The recommendation from the results of this study is that Kost Katto 2 should make bookkeeping reports in accordance with existing standards and make financial reports using the Microsoft Access application program designed based on SAK EMKM
 Keywords: Application design, financial report, SAK EMKM

AKUNTABILITAS KEUANGAN LEMBAGA FILANTROPI ISLAM DI INDONESIA

Islamic Philanthropic Institutions must report the results of managing zakat, infaq, and alms to gain the trust of the community so that the potential for zakat, infaq, and alms collected is much greater because of the community's trust in these institutions. Therefore this study aims to determine the extent of the level of accountability in the financial transparency of the Islamic Philanthropic Institution in Indonesia as seen based on website data. This type of research is a descriptive study with a quantitative approach. The population in this study were 24 National Islamic Philanthropic Institutions that already have a Registered Certificate (SKT). Determination of the number of samples using the census method. The results of this study state that in terms of accessibility, the national Islamic philanthropy website is very accountable, meaning that the majority of Islamic Philanthropy has a website so that people can access information on Islamic Philanthropy financial statements and in terms of availability of financial reports, there are national Islamic philanthropic websites that are sufficiently accountable, are the statement of financial position and statement of changes in funds and some are less accountable, are statement of changes in managed assets and cash flow statement and there are those that are very less accountable, is notes to financial statements.

Analysis of the Implementation of Financial Statement Presentation Based on Financial Accounting Standards for Entities without Public Accountability at Pt Aurindo Jaya Perkasa Jakarta

The purpose of this study is to analyze the implementation of the presentation of PT Aurindo Jaya Perkasa's financial statements based on the Financial Accounting Standards for Entities without Public Accountability. The type of data in this study is in the form of company profiles and financial reports consisting of income statements and balance sheets for 2016. Data collection methods used are interviews and observation methods. The data analysis method used is the descriptive qualitative analysis method. The results obtained are: (1) The financial statements of PT Aurindo Jaya Perkasa are not following the Financial Accounting Standards for Entities without Public Accountability, because in the financial statements of PT Aurindo Jaya Perkasa, there are only profit and loss statements and balance sheets, while the complete financial statements are following accounting standards. Entity finances without public accountability include income statements, changes in equity, statements of financial position, cash flow statements and notes to financial statements. (2) Finance Division of PT. Aurobindo Jaya Perkasa still does not understand the preparation of financial reports following the Financial Accounting Standards for Entities without Public Accountability, both regarding the types of financial information and the items that must be presented in the financial statements.

PENDAMPINGAN PENGELOLAAN KEUANGAN DAN PENYUSUNAN LAPORAN KEUANGAN SEKOLAH BAGI PEMILIK SEKOLAH DAN PENGELOLA KEUANGAN SEKOLAH DI WILAYAH BOGOR

Abstract:This community service activity aims to help school owners and managements to get competences in preparing Financial Statement regarding to Accounting Standards for Non Profit Entity (PSAK 45/ISAK 35). The subject discussed in this community service activity are: 1. Basic knowledge of Financial Statement for Non Profit Entity, 2. The Accounting Cycle Concept that consist of journalization, posting to general legder, preparing trial balance, adjusting entries concept, and adjusted trial balance. 3. Basic concept of preparing Financial Statements including activity statement, statement of financial position, and cash flow statement. 4. Practise for identifying transaction, preparing cash journal, posting to general ledger, and preparing trial balance. 5. This community service activity is a suistanable training program, with objective to give the participants competences in preparing Financial Statements of their school at the end of the program. Methods used in this community service activity are counseling, training, and mentoring presented by community service activity team. Discussion sessions with participants guided by the mentor and held in Zoom Meeting. Questionnaire in Google Form platform is used to gather feedback from participants. The evaluation results for this community service activity, both during the session and through questionnaire, shows that participants are satisfied with the program and the purpose of this community service activity is achieved where participants got the benefits in knowledge, understanding, and skills related to Financial Management and Financial Statements in school. Also, participants are able to apply transaction identification, journalized, prepared general ledger and trial balance.

The impact of the Covid–19 pandemic on the formation statement of financial position

Last December it became known about the outbreak of a new virus – COVID–19. The spread of coronavirus infection and the announcement in this regard by the World Health Organization (WHO) of the beginning of the coronavirus pandemic, led to a failure of the system of economic activity in general in all countries of the world. This article is devoted to the preparation of financial statements in the context of a global problem- coronavirus pandemic. A significant problem has brought to mind the standards that professional accountants rarely refer to. The mentioned problem is still poorly understood, since the modern world has never encountered a situation of this kind. Based on the analysis of the current version of international financial reporting standards, the article presents a methodology for reflecting the consequences of the coronovirus pandemic in the statement of financial position. It was found that the outbreak of the virus had a significant impact on the preparation and presentation of the report on the financial position of the companies. The direct and indirect impact on the functioning of companies was not the virus itself, but the methods of fighting against it. A pandemic situation, in accordance with the provisions of IFSR 10, is not a corrective event, but a significant one. This means that companies, at a minimum, should reflect this in the notes when submitting the report. The final impact of the COVID–19 pandemic on the overall statement of financial position varies depending on the specific business risks and circumstances prevailing in the company.

Comparative Analysis of Financial Statements PT. Indofood Sukses Makmur Tbk

PT. Indofood Sukses Makmur Tbk is one of the consumer goods companies, the products it produces are easy to sell and quickly run out of the market. The speed with which it makes money, of course, affects the speed at which it makes a profit. In fact, this company has grown into a business giant. This shows that its production turnover is very fast and the company's ability to earn profits is certainly very fast too. However, there must be changes that occur in the financial report posts, either in the activity report or in the statement of financial position, in the form of an increase or decrease. The purpose of this study is to determine changes in financial report posts both horizontally and vertically and the development of company profitability. The data used are secondary data obtained indirectly but through intermediary media. This type of research is descriptive with quantitative analysis techniques, using financial analysis such as horizontal analysis, vertical analysis, and using profitability ratios. Based on the analysis of the profitability ratio at PT Indofood Sukses Makmur Tbk, it is known that the operating income ratio is greater than the net profit margin, which shows that the amount of funds spent on interest and taxes needs to be examined more deeply. The decline in operating ratio from 2017-2019 caused an increase in operating income ratio, this shows that the company's performance is getting better because it can reduce operating costs on sales. In the analysis of the income statement, it can be seen that there is an increase in cost efficiency which causes an increase in the level of sales to increase the value of gross profit due to a decrease in the cost of goods sold.

INTRINSIC CORPORATE GOVERNANCE PRACTICES AND FIRM’S CASH HOLDINGS IN PAKISTAN

The study investigates the association of intrinsic corporate governance practices and cash holdings of manufacturing organizations, listed with the Pakistan Stock Exchange (PSX). Panel data extracted from the financial reports of the organizations provided on the website of State Bank of Pakistan (SBP) is applied for the purpose of analysis to study the relationship among variables. The organization's cash holdings are considered the quantity of cash and liquid assets stated in the statement of financial position. Sample of 276 listed manufacturing organizations has been taken by applying census sampling technique. Penal data model, correlation, Random Effect (RE) and Fixed Effect (FE) models are applied for the examination of the association between intrinsic corporate governance practices and cash holdings of manufacturing organizations in Pakistan, listed with the PSX. According to random effect estimates, Board size, CEO duality and Board Independence have significant positive association with cash holdings. Furthermore, results show that the ownership structure has an insignificant association with cash holing. The findings of this study for Pakistani firms have a general resemblance to the findings of previous researchers in developing countries' contexts. Hence, the researcher's contribution is related to Pakistani firms that have different economic settings in comparison to the developed economies. The study has many theoretical implications regarding developing countries' context and practical implications for managers, shareholders, suppliers and other stakeholders in the firms.

Designing a multi-period credit portfolio optimization model a nonlinear multi-objective fuzzy mathematical modeling approach (Case study: Ansar banks affiliated to Sepah Bank)

This study aims to design a multi-period credit portfolio optimization model with a nonlinear multi-objective fuzzy mathematical modeling approach. In terms of data collection, this study is a descriptive-survey research and in terms of the nature and purpose of the research, it is an applied one. The statistical population of the research includes all facility files of the last 10 years as well as the statements of financial position of Ansar Bank branches affiliated with Sepah Bank, selected by census method. The risk criteria used in the models include Average Value at Risk (AVaR), Conditional Value at Risk (CVAR) and Semi-Entropy. First, having reviewed the research literature, the objectives and indices of the portfolio optimization issue were investigated based on the practical character of this issue and the main indices were selected. Then, each of the objectives and constraints were specified in a state of uncertainty and ambiguity, based on the principles of fuzzy credibility theory, for a state in which the expected rate of stock return is a triangular fuzzy number. Finally, three multi-objective fuzzy models were designed based on the selected criteria. Research models were implemented using MOPSO algorithm. The software used in conducting the research was MATLAB software. The results indicated that the CVAR model performed better than the other two models, i.e. AVAR and Semi-Entropy, in evaluating optimal portfolios.

THE IMPLEMETATION OF THE ACCOUNTING STANDARDS PSAK 73 LEASES TO THE FINANCIAL PERFORMANCE OF COMPANIES LISTED ON THE STOCK EXCHANGE.

PSAK 73 is the latest accounting standard about lease accounting, this standard was adopted from IFRS 16. PSAK 73 regulates the arrangement, measurement, presentation and disclosure of leases, both Lessee and Lessor. This paper aims to provide information on the proposed new lease accounting rules, and to show their impact on financial statements and financial ratio on Indonesia companies listed. The difference between PSAK 73 and the previous PSAK 30, lies in the recognition of the lessee. Lessess are only allowed to classify leases as financing leases. Thus, that assets and liabilities for lease transactions have to recognized in the statement of financial position. This study aims to analyze the impact of the adoption of new accounting standards namely PSAK 73 regarding leases on the financial performance of companies listed on the Indonesia Stock Exchange in 2018 and 2019. The sample in this study are companies that are still implementing operating leases in their financial statements listed on the Exchange Indonesian Stock Exchange in 2018-2019. This study uses the constructive capitalization method of rent developed by Imhoff, Lipe and Wright (1991). The results are indicate that the impact of leasing capitalization results will have a material changes reported on the income statement and other comprehensive income and Financial Position reporting. And the results of this study also mentioned that there was a significant change in financial performance measured using financial ratio which are bring benefit in decision making.

УПРАВЛІННЯ ВАРТІСТЮ БІЗНЕСУ НА ОСНОВІ АКТУАРНОГО БАЛАНСУ РУХУ ГРОШОВИХ КОШТІВ

Approaches to business value management based on the accounting and analytical content of actuarial reporting are considered. This study is conducted to identify the information interdependence between the system of value-based management of the company, actuarial accounting and actuarial reporting management in a crisis in the economy of Ukraine. It is established that in order to build an effective management system of a domestic agricultural enterprise, actuarial accounting and actuarial reporting should be actively implemented. This gives the chance to form an image of the investment attractiveness of the country’s agricultural sector through a prism of administrative actuarial reporting forms in the international arena of agrarians. The author proposes a method of constructing a transformation table for filling in the Actuarial cash flow balance (form No.3-a), based on the traditional report on cash flow (form No.3) and some forms of actuarial reporting in 5D format on the example of a domestic agricultural enterprise. This will contribute to the construction of an effective system of value-based management of agribusiness through the prism of the concept of modern multidimensional actuarial accounting. The expediency of such a transformation from the point of view of value-based management is proved. The information necessary to compile the Actuarial cash flow balance is contained in the Actuarial balance (Statement of Financial Position), the Actuarial Profit and Loss Statement, and the traditional financial statements. To this end, the article developes a special transformation table, on the example of a domestic agricultural enterprise. The expediency of keeping an accurate accounting by a modern agricultural enterprise is substantiated because this accounting system generates information about changes in the economic value of business and cash flows in n-dimensional space and creates the necessary information content for management decisions for real and potential suppliers of temporarily free financial resources.

Дослідження сучасного стану та тенденцій розвитку логістичної діяльності машинобудівних підприємств

The current state and trends in developing logistics activities at machine-building enterprises is studied through evaluating the efficiency of financial flows. It is noted that studying the current state and trends in the logistics activities at machine-building enterprises is a necessary condition for the revival of mechanic engineering in our country. It is noted that the machine-building industry has specific features in management, which are associated with high costs for raw materials, energy, transportation, and labor resources. Mostly, products of machine-building enterprises have a fairly long usage (consumption) cycle, and are quite large, so their sale causes problems during periods of economic crisis, in contrast to, for example, food products. It is established that for the industry to undergo sustainable development, it needs to attract capital investments. The general problem with the level of financing, including the machine-building industry, negatively affects the prospects for reorganizing the production cycle, involving innovative technologies, introducing resource- and energy-saving processes in production, complying with environmental management. It is this set of conditions that is the key to making products of Ukraine’s machine-building industry attractive for global market consumers, and therefore, to increasing financial flows. As a result of the study, a methodological approach to evaluating the logistics activities at machine-building enterprises by selected indices of financial logistics is suggested, where the indices can be calculated on the basis of the annual financial statements of enterprises as for their balance (statement of financial position) and financial results (statement of comprehensive income), making it possible to identify both factors influencing the results of the economic activity of machine-building enterprises, and the degree of this influence. The calculated values of the relative efficiency ratios of financial logistics in managing accounts receivable and payable related to product flows can serve as input data to build a mathematical model for forecasting the efficiency of logistics activities at machine-building enterprises in Ukraine

Облікове забезпечення кругообороту капіталу

Economic globalization, digitalization of management processes, introduction of new forms of business organization, implementation of the concept of sustainable development are factors that affect the process of capital turnover and determine the need to improve its accounting support. The purpose of the article is to search for options for improving the accounting for capital turnover at the enterprise in modern conditions of a dynamic market environment. The economic essence of capital was disclosed and the capital turnover was identified as an object of accounting. The capital turnover in the enterprise is carried out constantly and is expressed through the turnover of funds that must be reflected in the accounting system. The analysis of the presentation (classification) of assets in the reporting was carried out, and it was found that all assets of an economic entity are in economic circulation, although the order and circulation period of various assets is not the same. Therefore, the division of assets into non-circulating and circulating assets is incorrect, since it contradicts the real essence of economic phenomena. It was proposed to change the approach to the presentation of assets in the reporting and rename the sections “Non-circulating assets” and “Circulating assets” in the Balance Sheet (Statement of financial position) of Ukrainian enterprises to “Non-current assets” and “Current assets”, respectively. It was proposed to place the balance sheet asset items in descending order of liquidity of assets. In particular, the first item will be “Money and their equivalents”, and then other items depending on the liquidity of assets. Accounting for business transactions must be kept according to the stages of capital turnover. In order to accounting for the sale of goods, works and services, it is advisable to use one synthetic account, on the debit of which it shows the sold products at their cost price, and on the credit – at the selling prices.

ФОРМУВАННЯ НОВИХ ПОКАЗНИКІВ ФІНАНСОВОЇ ЗВІТНОСТІ ПРО РОЗРАХУНКОВІ ОПЕРАЦІЇ – ЗАПОРУКА ЕФЕКТИВНОСТІ УПРАВЛІНСЬКИХ РІШЕНЬ

The purpose of the article is to substantiate the theoretical and applied aspect of information support by forming new indicators of financial reporting on settlement operations as a guarantee of the effectiveness of management decisions. Research methodology. Achieving the goal set in the article is carried out using the following research methods: logical generalization and scientific abstraction, analysis, analytical method. The study aims to supplement the information and accounting support for management purposes, which will contribute to the efficient use of resources. Results. It is noted that the disadvantage of accounting practice is the low informativeness of the forms of financial reporting for business management purposes and requires its addition to the part of settlement operations. The modern economic environment of business needs to overcome the limitations of financial information, which is manifested in the development of new reporting standards of a fundamentally different format. Improving the management process for the efficient operation of business units in the agricultural sector involves the development of new analytical strategies, detailing performance indicators to find “bottlenecks” or strengths through quality information. The main source of information on calculations is financial reporting, and a comprehensive assessment of the implementation of settlement operations of agribusiness enterprises, not only for their individual elements, but also through various forms and new settlement tools and lending mechanisms for agribusiness, which requires improved financial reporting in terms of settlement operations as an effective way to manage business. It is noted that the integration processes, in terms of recognition of Ukraine as part of the world economic community, require implementation in a single information environment that will contribute to the harmonization of accounting. The reform process should take into account the provisions of International Financial Reporting Standards on reporting, which will facilitate management decisions in terms of investment / business lending. It is proposed to improve the content and components of financial statements of business units (f. № 1 “Balance Sheet” (Statement of financial position) and f. № 5 “Notes to the annual financial statements”) through the formation of new indicators using agricultural receipt as a new calculation tool and alternative mechanism lending to agribusiness enterprises. The practical significance of the research results. The use in practice of the proposed theoretical and applied approaches to improve reporting with new indicators will generate objective information adapted to the taxonomy of financial reporting (according to international financial reporting standards in Ukraine) for management, current and potential investors, lenders and other lenders in making effective management solutions.

Accounting and tax accounting for the accrual of depreciation of fixed assets and ways of convergence

Research background: As you know, one of the main accounting principles that determine the methodology for assessing the facts of economic life is business continuity. Compliance with this principle by commercial organizations is associated with many factors, one of which is their ability to provide funding for the continuation and development of activities. Carrying out activities for the acquisition of new or modernization and technical re-equipment of existing fixed assets implies one-time cash costs. That is why one of the main sources of financing for updating and modernization and technical re-equipment of fixed assets is depreciation deductions. Depreciation deductions for fixed assets in accounting and tax accounting are calculated differently, which determines the relevance and need for a clear study of accounting procedures in the field of their accounting. Purpose of the article: The purpose of the article is to conduct a comparative analysis of the procedure for calculating and accounting for depreciation deductions for fixed assets in accounting and tax accounting and to study ways to bring them closer together. Methods: Methods of comparative analysis, induction and deduction were used in the article. Findings & Value added: The current rules for calculating depreciation deductions for fixed assets and their reflection in accounting and reporting do not provide a reliable reflection of the facts of economic activity of the enterprise. And this in turn leads to a misunderstanding by the respective users of the contents of the statement of financial position and the statement of profit or loss and other comprehensive income and the essence of depreciation itself.

PENYAJIAN LAPORAN KEUANGAN ENTITAS BERORIENTASI NONLABA BERDASARKAN ISAK 35 PADA MASJID BAITUL HAADI

Mosque is an entity that aims not for profit (non-profit entity), so that financial accountability becomes an important aspect for mosques. Good accountability can be realized by presenting the mosque's financial reports in accordance with generally accepted accounting standards. The standard governing the financial reporting of non-profit entities is the Interpretation of Financial Accounting Standards No. 35 (ISAK 35). By implementing ISAK 35 in the presentation of mosque financial reports, interested parties will be able to assess the financial performance of the mosque. The object of this research is Mosque Baitul Haadi. Data were collected through a series of interviews and observations. Until now, Mosque Baitul Haadi only presented financial reports as far as cash in and cash out. This study aims to compile the financial statements of Mosque Baitul Haadi based on ISAK 35 using Microsoft Excel application tools. The financial statements that will be produced are the statements of financial position, comprehensive income statements, cash flow statements and notes to financial reports.