Analysis of Financial Report Preparation Based on ISAK 35: A Case Study of Sirajul Huda Islamic Boarding School, Tigabinanga District, Karo Regency
Abstract
This study aims to analyze the implementation of ISAK 35 standards in the financial reporting of Pondok Pesantren Sirajul Huda located in Tigabinanga District, Karo Regency. A qualitative descriptive approach was used to identify the challenges and practical solutions faced by the pesantren in adopting the standard. The results indicate that the financial recording system is still manual and does not comply with the standards, mainly due to the limited understanding of accounting standards among the management and the lack of regular training. Recommendations include improving accounting literacy through training, implementing application-based recording systems, and preparing structured financial statements in accordance with ISAK 35. It is expected that the findings of this study can serve as a reference for other Islamic boarding schools in enhancing the quality of financial reporting and promoting transparency in sharia-based financial management.
Downloads
References
Alfarizi, MR, Lubis, AW, & Nurwani, N. (2024). Analysis of the Implementation of ISAK 35 on the Presentation of Financial Statements of Non-Profit Entities. Al Qalam: Journal of Religious and Social Sciences , 18 (4), 2508. https://doi.org/10.35931/aq.v18i4.3611
Anshari, K., Ritonga, RA, Yurmaini, Y., Erliyanti, E., & Dharma, Y. (2023). Implementation of Financial Reports Based on ISAK 35 at the Darussolihin Labuhan Batu Islamic Boarding School. Al-Sharf: Journal of Islamic Economics , 4 (3), 329–337. https://doi.org/10.56114/al-sharf.v4i3.11279
Anugrah, R., & Suantha, KK (2024). Analysis of the Implementation of ISAK 35 at Miftahut Taufiq Islamic Boarding School. Management & Accounting Scientific Research Festival , 6681 (07), 82–86.
Awalia, M., Siregar, S., & Syarvina, W. (2023). Analysis of the Implementation of Isak 35 on the Financial Report of the Al-Ikhlas Mosque, Kota Datar Village. Tambusai Education Journal , 7 (1), 1583–1591.
BI, I. &. (2018). Introduction to Islamic Boarding School Accounting Guidelines .
Dewi, RP (2022). ANALYSIS OF FINANCIAL REPORTS OF ISLAMIC BOARDING SCHOOL BASED ON INTERPRETATION OF FINANCIAL ACCOUNTING STANDARDS (ISAK 35) (Case study at Al-Majidiyah Islamic Boarding School Foundation) .
Hasibuan, SY, Juliaty, YS, & Lubis, AW (nd). Implementation of Isak No. 35 Presentation of Non-Profit-Oriented Financial Statements in Financial Statements (Case Study at Darul Muhsinin Islamic Boarding School, Bilah Hulu District, Labuhan Batu Regency) . https://doi.org/10.58192/profit.v3i2.2152
IAI. (2018). ISAK 35 PRESENTATION OF FINANCIAL REPORTING OF NON-PROFIT ORIENTED ENTITIES. DSAK-IAI: Jakarta , 1–34.
Kirowati, D. (2021). IMPLEMENTATION OF BOARDING SCHOOL ACCOUNTING AT AL-MUJADDADIYYAH BOARDING SCHOOL, MADIUN CITY . file:///C:/Users/user/Downloads/3331-Article Text-8724-1-10-20211202.pdf
Laila, & Hanifah, L. (2024). Analysis of the Financial Statements of the Assalafi Al-Fithrah Islamic Boarding School in Surabaya based on ISAK 35. Journal of Business Economics Informatics , 106–112. https://doi.org/10.37034/infeb.v6i1.803
Listiyowati, L. (2021). Study of the Implementation of Interpretation of Financial Accounting Standards (ISAK) 35 in Islamic Boarding Schools. AN NUR: Journal of Islamic Studies , 13 (2), 168–182. https://doi.org/10.37252/annur.v13i2.146
Maksalmina, & Maryasih, L. (2022). Analysis of Islamic Boarding School Financial Reports: A Study of ISAK 35 (Case Study of Imam Syafi'i Sibreh Islamic Boarding School, Aceh Besar). Jurnal Sosiohumaniora Kodepena Information Center for Indonesian Social Sciences , 1 (Vol 1 No. 2), 76–89.
Nurkholis, KM, & Hendarmin, RR (2022). Analysis of the Implementation of Islamic Boarding School Accounting at the Nuruh Hidayah Kepahyang Islamic Boarding School, Ogan Komering Ilir Regency. Global Ecoment Journal , 7 (1). https://doi.org/10.35908/jeg.v7i1.2242
Rezeki, S., Harmain, H., & Tambunan, K. (2023). 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). Journal of Management, Economics, and Accounting , 2 (2), 223–234. https://doi.org/10.37676/jmea.v2i2.180
Sembiring, IM, Asari, H., & Muaz Tanjung. (2022). Transformation of Non-Formal Islamic Educational Institutions in Karo Regency, North Sumatra 1920-2021. Islamic Education: Journal of Islamic Education , 11 (001), 481–496.
Silmi Mursidah, Yenni Samri Juliati Nasution, & Laylan Syafina. (2023). Accountability of Mosque Financial Management: ISAK 35 in Tanjung Morawa District, Deli Serdang Regency. AKUA: Journal of Accounting and Finance , 2 (4), 232–245. https://doi.org/10.54259/akua.v2i4.1907
Siregar, L., Nurlaila, N., & Nurul, NI (2023). Application of Isak 35 on the Presentation of Financial Statements of Non-Profit Entities. Balance: Journal of Accounting and Management , 2 (2), 58–72. https://doi.org/10.59086/jam.v2i2.327
Sugiyono. (2019). QUANTITATIVE, QUALITATIVE, AND R&D RESEARCH METHODS. In ALFABETA (BANDUNG) . http://scioteca.caf.com/bitstream/handle/123456789/1091/RED2017-Eng-8ene.pdf?sequence=12&isAllowed=y%0Ahttp://dx.doi.org/10.1016/j.regsciurbeco.2008.06.005%0Ahttps://www.researchgate.net/publication/305320484_SISTEM_PEMBETUNGAN_TERPUSAT_STRATEGI_MELESTARI
Surokim. (2016). Communication Research: A Companion Book for Thesis Guidance. Center for Public Communication Studies, Communication Science Study Program, FISIB-UTM & Aspikom East Java , 285.
Suryadi, N., Yusnelly, A., Arif, M., & Susanti, RL (nd). Analysis of the Implementation of Islamic Boarding School Accounting Based on ISAK 35 at the I'aanatuth Thalibiin Perawang Modern Islamic Boarding School. Journal of Sharia Economics , 6 , 2023.
Suryani, I., & Mita, AF (2018). ANALYSIS OF READINESS FOR RECOGNITION AND MEASUREMENT OF CONTRACTUAL SERVICE MARGIN IN THE IMPLEMENTATION OF PSAK 74 INSURANCE CONTRACTS AT PT X. Journal of Accounting and Business , 18 (1), 48–60.
Copyright (c) 2025 Nur Azizah, Nurul Jannah, Laylan Syafina
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
Authors who publish with this journal agree to the following terms:
- Authors retain copyright and grant the journal right of first publication with the work simultaneously licensed under a Creative Commons Attribution License that allows others to share the work with an acknowledgment of the work's authorship and initial publication in this journal.
- Authors are able to enter into separate, additional contractual arrangements for the non-exclusive distribution of the journal's published version of the work (e.g., post it to an institutional repository or publish it in a book), with an acknowledgment of its initial publication in this journal.
- Authors are permitted and encouraged to post their work online (e.g., in institutional repositories or on their website) prior to and during the submission process, as it can lead to productive exchanges, as well as earlier and greater citation of published work.
