Keywords
How to Cite
Abstract
Abstract: This study aims to measure how far Indonesian Islamic banking adopts AAOIFI and IFRS standards in its financial reporting. This study uses the annual report of Indonesian Islamic banks in the period 2014-2018 obtained from 5 Islamic banks in Indonesia compiled from the official website of the five banks that were sampled. This research uses a quantitative approach by using a Content Analysis method. This study's results indicate that Indonesian Islamic banking is more inclined to adopt IFRS standards in its annual financial reports (annual report). It can be proven by the large number of percentages of Islamic banking that predominantly meet the total items selected as IFRS standards in its financial statements, compared to the percentage Islamic banking that matches the total items selected as AAOIFI standards.
Keywords: financial statements; Islamic banks; IFRS; AAOIFI
References
AAOIFI. Governance Standards for Islamic Financial Institutions (AAOIFI). (Governance Standard for Islamic Financial Institutions, 2002).
Ajili, H. & Bouri, A. Comparative study between IFRS and AAOIFI disclosure compliance. Journal of Financial Reporting and Accounting 15, 269–292 (2017).
Azis, I., Febrina, ) & Ramadhani, N. Dampak Konvergensi International Financial Reporting Standartd (Ifrs) Terhadap Pergeseran Prinsip Syariah (Studi Kasus : Pt Bank Muamalat Indonesia Tbk).
Cahyonowati, N. & Ratmono, D. Adopsi IFRS dan Relevansi Nilai Informasi Akuntansi.
Chapra, M. U. Islamic perspective on poverty alleviation. (Islamic Research and Training Institute., 2010).
Eriyanto. Analisis Isi: Pengantar Metodologi Untuk Penelitian Komunikasi Dan Ilmu Sosial Lainnya. (Kencana, 2013).
Gamayuni, R. R. Perkembangan Standar Akuntansi Keuangan Indonesia Menuju Internasional Financial Reporting Standards. Jurnal Akuntansi dan keuangan 14, 153–166 (2009).
Ganesha, A. & Kiswara, E. Faktor-Faktor Yang Mempengaruhi Tingkat Kepatuhan Perusahaan Go Public Pada Konvergensi International Financial Reporting Standard (Studi Empiris pada Perusahaan yang Terdaftar di Index LQ45). Diponegoro Journal of Accounting 4, 709–716 (2015).
Haniffa, R. & Hudaib, M. Exploring the ethical identity of Islamic banks via communication in annual reports. Journal of business Ethics 76, 97–116 (2007).
Hermawan, S. & Zunaida, E. N. Analisis Kesiapan dan Pelaksanaan Perkuliahan Akuntansi Berbasis Konvergensi International Financial Reporting Standarts (IFRS). Journal of Accounting and Business Education 1, (2016).
Ibrahim, S. H. M. & Hameed, S. IFRS vs AAOIFI: the clash of standards? Munich Personal PepPEc Archive (MPRA) Paper (2007).
Ikhsan, A. & Suprasto, H. B. Teori Akuntansi & Riset Multiparadigma. Yogyakarta: Graha Ilmu (2008).
Lestari, Y. O. Konvergensi international financial reporting standards (IFRS) dan manajemen laba di Indonesia. EL MUHASABA: Jurnal Akuntansi (e-Journal) 2, (2011).
Mar’a, E. E. I. Pro Kontra Sistem Akuntansi Syariah Di Indonesia Terkait Konvergensi Ifrs Di Indonesia. Jurnal Mahasiswa Teknologi Pendidikan 1, (2012).
Nundini, A. A. & Lastanti, H. S. Pengaruh Konvergensi Ifrs Dan Mekanisme Corporate Governance Terhadap Earning Management Pada Perusahaan Manufaktur Yang Terdaftar Di Bursa Efek Indonesia. Jurnal Akuntansi Trisakti 1, 19–32 (2014).
Nurhayati, Sri & Wasilah Abdullah. Akuntansi Syariah Di Indonesia. (Salemba Empat, 2009).
Pomeranz, F. The accounting and auditing organization for Islamic financial institutions: An important regulatory debut. Journal of International Accounting, Auditing and Taxation 6, 123–130 (1997).
Purnamasari, G. A. Y. & Ariyanto, D. Analisis perbandingan kinerja keuangan bank konvensional dan bank syariah periode 2010-2014. E-Jurnal Akuntansi 15, 82–110 (2016).
Romer, David. Advanced macroeconomics (3rd ed.). . (MC Graw Hill, 2006).
Subardi, H. M. P. Kebutuhan AAOIFI Sebagai Standar Akuntansi Keuangan Syariah Dalam Harmonisasi Penyajian Laporan Keuangan. Owner: Riset dan Jurnal Akuntansi 3, 16–20 (2019).
Supomo Bambang & Nur Indriantoro. Metodologi Penelitian Bisnis Untuk Akuntansi Dan Manajemen. (BPFE).
Ullah, M. H., Khanam, R. & Tasnim, T. Comparative compliance status of AAOIFI and IFSB standards: An empirical evidence from Islami Bank Bangladesh Limited. Journal of Islamic Accounting and Business Research (2018).
Widiana, W. Analisa Perkembangan Peraturan dan Penerapan Akuntansi Syariah di indonesia. Law Justice 2, 35–43 (2017).
Yaya, Rizal, Aji Erlangga Martawireja & Ahim Abdurahim. Akuntansi Perbankan Syariah: Teori Dan Praktik Kontemporer Berdasarkan PAPSI 2013 Edisi 2. (Salemba Empat, 2014).
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.