Accountability Analysis With The Application Of Psak 112 In The Financial Statements Of Cash Waqf In Madura

Abstract

The importance of accountability financial reports is a form of accountability from waqf assetsentrusted by the wakif to an institution/agency that became nadzhir. The better the financialreports are made, the more trust will increase from the public and vice versa. PSAK 112regarding waqf accounting can help nadzhir parties to prepare better financial reports of waqfassets. This research uses a qualitative descriptive type approach. The research locations areLAZISMU Pamekasan and KSPPS Nuri East Java. Sources of data in the form of observations,interviews and documentation. The results of the research are; Accountability from LAZISMUPamekasan and KSPPS Nuri East Java has worked in accordance with the indicators andforming factors of financial report accountability. The application of PSAK 112 at LAZISMUPamekasan has a conformity of 35% and the remaining 65% still needs to be improved.Whereas in KSPPS Nuri East Java it has a suitability of 41% and the remaining 59% still needsto be fixed again. This means that the financial statements of cash waqf funds issued byLAZISMU Pamekasan and KSPPS Nuri East Java are still lacking from the financialcomponents commonly made by waqf institutions according to PSAK 112. At LAZISMUPamekasan and KSPPS Nuri East Java there has been no instruction from the leadership touse PSAK 112 and there is no concrete socialization from the authorities.