BALANCE: JOURNAL OF ISLAMIC ACCOUNTING

THE TRANSFORMATION OF SHARIA ACCOUNTING IN PROMOTING SUSTAINABILITY ECONOMIC GROWTH

Abdul Rahman Ramadhan — Tue, 26 Dec 2023 00:00:00 +0700

This research aims to analyze the transformation of Islamic accounting and its impact on strengthening the sustainable economy and gain a deeper understanding of innovative Islamic accounting practices, the role of technology in driving efficiency, and their contribution to overall Islamic economic growth. In recent years, the Islamic economy has experienced significant growth in various countries. Islamic economic principles based on Islamic moral and ethical principles offer an attractive alternative to the conventional financial system. Islamic accounting has a key role in ensuring transparency, sharia compliance, and sustainable growth in the Islamic economy. This research will discuss the importance of transformation in sharia accounting practices to achieve the goal of strengthening the broader sharia economy. Sharia accounting, as one of the important elements in the Islamic economy, plays a crucial role in ensuring transparency, sharia compliance and sustainable growth. However, further research is needed to understand how transformation in sharia accounting practices can encourage the strengthening of a sustainable economy. This research is qualitative research. The data collection technique used in this research was literature review from secondary data sources in the form of books, journals, scientific articles, official invitational websites that have information relevant to research topics such as sharia accounting and economics. The data analysis technique used in this research is content analysis technique. The results of this research are expected to provide a deeper understanding of the role and contribution of sharia accounting transformation to strengthening a sustainable economy as well as contribute to science, provide practical guidance, and raise awareness about sustainability and sharia accounting among the public.

VARIABLE COSTING METHOD FOR COST PRODUCTION AT ABI CULINARY TRENGGALEK

Ika Fitri Rohandayani, Atik Tri Andari — Wed, 27 Dec 2023 12:26:35 +0700

^{The purpose of this study is to analyze on production cost calculation by using variable costing method in 2022 period and to provide education related to accounting cycle record in Abi Culinary Trenggalek Small and Medium Enterprise. This study used applied study with quantitative method. The data collection techniques of this study were interview and documentation. The data which was used in the form of produced unit data and financial transaction data in 2022. The result of this study showed that production cost calculation by using variable costing method was more appropriate to be used because it entered the real cost that was occured in the production process in Abi Culinary Small and Medium Enterprise. Abi Culinary Small and Medium Enterprise still did simple financial record. Therefore, Abi Culinary Small and Medium Enterprise needed education on the accounting cycle to produce financial statements well.}

FULL COSTING METHOD FOR COST PRODUCTION AT TAHU TAKWA IBU NUR KEDIRI

Muhamat Miftahul Huda — Wed, 27 Dec 2023 14:40:22 +0700

Penetapan harga merupakan suatu hal yang penting dalam mengambil keputusan pemasaran. Penelitian ini dilakukan di usaha Tahu Takwa Bu Nur yang bertempat di Kampoeng
Tahu Takwa Kota Kediri. Penelitian ini bertujuan untuk mengetahui kesesuaian penetapan
harga jual yang ditetapkan oleh usaha Tahu Takwa Bu Nur melalui metode full costing dalam
menetapkan harga pokok produksi, karena penetapan harga pokok produksi yang dilakukan
Tahu Takwa Bu Nur menggunakan metode biasa. Metode yang digunakan dalam penelitian ini
adalah metode penelitian kualitatif dengan pengumpulan data yang bersumber secara langsung
pada usaha Tahu Takwa Bu Nur melalui wawancara dan data pendukung berupa buku, jurnal
dan sumber lainya. Hasil penelitian menunjukkan bahwa penetapan harga jual yang ditetapkan
oleh usaha Tahu Takwa Bu Nur terdapat perbedaan dengan metode full costing dalam
menetapkan harga pokok produksi. penetapan harga jual oleh Tahu Takwa Bu Nur lebih rendah
dibandingkan penetapan harga yang menggunakan metode full costing dalam menetapkan
harga pokok produksi. Oleh karena itu, metode full costing sangat cocok digunakan dalam
menghitung harga pokok produksi untuk menetapkan harga jual yang tepat dan akurat

IMPLEMENTATION OF ACCOUNTABILITY AND TRANSPARENCY IN FINANCIAL MANAGEMENT OF MIFTAHUL JANNAH MOSQUE IN BLITAR DISTRICT BASED ON ISAK 35

Kirani Salsabila 123, Ruly Priantilianingtiasari, Ruly Priantilianingtiasari — Fri, 29 Dec 2023 11:13:34 +0700

The mosque is a non-profit organization whose accounting records have been regulated by the Interpretation of Financial Accounting Standards No. 35. The problem that has been occurring in society is a lack of knowledge regarding the importance of accountability and transparency in financial management and mosque financial records that have not complied with applicable accounting standards. The purpose of this study was to determine the application of accountability and transparency in financial management at the Great Miftahul Jannah Mosque in Blitar Regency and to analyze the financial reports at the Miftahul Jannah Grand Mosque in Blitar Regency, whether they are in accordance with ISAK 35. The method used is a qualitative case study. The results of this study indicate that accountability and transparency in the financial management of the Miftahul Jannah Grand Mosque as a whole have been implemented and are running well. The Miftahul Jannah Grand Mosque has not presented financial reports in accordance with ISAK 35, only presents financial reports in the form of cash in and cash out only in the General Cash Book and Financial Accountability Report.

TRANSFORMATION OF SHARIA ACCOUNTING INNOVATION: CHALLENGES AND OPPORTUNITIES IN ANALYSIS OF DIGITALIZATION ERA

Iman Supriadi — Fri, 29 Dec 2023 11:48:38 +0700

This paper discusses the transformation of Islamic accounting innovation in facing challenges and creating opportunities in the digitalization era. In the context of an increasingly digitally connected business, implementing Islamic accounting innovation through information technology plays an essential role for Islamic financial companies. Previous research has shown the positive impact of adopting information technology in Islamic accounting practices, including improving operational efficiency, transparency, and quality of service to customers. However, challenges still need to be addressed, such as the complexity of Islamic accounting principles, data security, and the need for skilled human resources. This study aims to analyze the challenges and opportunities in the transformation of Islamic accounting innovation in the era of digitalization and create a strategic framework to overcome the challenges and take advantage of the opportunities. This study will identify various challenges financial companies face in implementing Islamic accounting innovations in the digitalization era through a comprehensive literature review. In addition, this study will also identify emerging opportunities in terms of utilizing technology to enhance Islamic accounting practices. The results of this study will provide valuable insights for Islamic financial companies in dealing with accounting changes and innovations in the digitalization era. By understanding the challenges and creating an appropriate strategic framework, companies can optimize the benefits of transforming Islamic accounting innovation and strengthen their position in the increasingly competitive Islamic finance industry