Financial Management Practices in Religious Organizations: An Empirical Evidence of Mosque in Malaysia

Abstract

<p>Within Muslim community, mosque is place for congregation, a centre of excellence for knowledge, economic pursuit and community services, giving religious instruction and political discussions. Mosque plays a crucial role in various aspects of Muslim life. It has great potential to ensure that the welfare of nearby society is well-taken care. In order to achieve the said objective, mosques should have a strong financial performance<strong>. </strong>This study adopts a cross sectional data analysis to examine factor contributes to mosque financial performance. Subsequently, this study examines the effects of mosque financial performance on its quality of programme. Result of regression analysis revealed that good internal control and active involvement of mosque committees in fund raising activities enhance mosque financial performance. This study also discovered that strong financial performance facilitates the mosque to conduct more quality and quantity program. The finding should provide awareness to mosque committee member on the need to create an effective internal control strategy to improve financial performance. Next, mosque needs to recognize the importance of fundraising activity. Finally, all mosques need to invite committee members who have some financial institution background to discuss the management strategy for improving its financial performance and in turns it quantity and quality of programs outcome.</p

Akuntabilitas pada Organisasi Religi; Studi Kasus Masjid-Masjid di Balikpapan, Kalimantan Timur

“…Sulaiman et al, 2008;. Adnan, 2013;Said et al, 2013.). Studi ini menunjukkan pentingnya dan kebutuhan akuntabilitas dalam praktik akuntansi di masjid-masjid seperti manajemen, pengendalian internal dan sistem anggaran.…”

“…Studi sebelumnya digunakan studi kuantitatif , metode triangulasi (Said et al, 2013) (Nahar & Yaacob, 2011;Sulaiman et al, 2008;. Siraj et al, 2007), dan studi kualitatif ( Ahmad -Zamri, 2010;Afifuddin & Nabiha, 2010).…”

Financial Disclosure and Budgetary Practices of Religious Organization: A Study of Qaryah Mosques in Kuala Terengganu

“…(Said et al 2013). The large amounts of donations received by qaryah mosques may give rise to misappropriation should there be no proper internal control (Sulaiman et al 2008;and Wooten et al 2003).…”

Menilik Akuntabilitas Akuntansi Dari Budaya Islam

“…Oleh karena itu, sistem kepengurusan dalam organisasi nirlaba pada umumnya dipilih dewan pengurus, baik pemimpin, pengurus atau penanggungjawab yang nantinya akan memberikan pertanggungjawabannya pada pemilik maupun pemberi dana. Pertanggungjawaban dewan pengurus haruslah transparan dan akuntabel agar informasi yang diberikan andal dan dapat dipercaya (Mohamed et al, 2014;Randa, 2011;Said et al, 2013;Simanjuntak & Januarsi, 2011). Terkait dengan konsep akuntabilitas dalam kaitannya dengan akuntansi sebagai sarana pertanggungjawaban, akuntabilitas merupakan bagian yang tidak dapat dipisahkan dengan organisasi nirlaba.…”

“…Selain beberapa kajian penelitian akan peran laporan keuangan dalam akuntabilitas lembaga keagamaan baik gereja maupun masjid yang diungkapkan sebelumnya, beberapa peneliti lain juga mengemukakan bahwa dalam lembaga nirlaba keagamaan, pengendalian internal yang baik dan keterlibatan aktif dari komite masjid dalam kegiatan pendanaan dapat meningkatkan kinerja keuangan masjid (Mohamed et al, 2014;Said et al, 2013). Akuntansi, jika dilakukan sesuai dengan hukum Islam (shari'a), harus sama seperti tindakan pemujaan sebagai ibadah.…”