INTERNATIONAL JOURNAL OF TRENDS IN ACCOUNTING RESEARCH

The Sustainability of Cash Waqf Using Blockchain Technology: a Conceptual Study

Fri, 22 Nov 2024 00:00:00 +0000

This paper explores the potential of integrating blockchain technology to enhance the sustainability of cash waqf, a significant Islamic endowment supporting charitable causes. Traditional cash waqf systems are facing challenges such as opacity, accountability gaps and inefficiency. The study provides a comprehensive overview of cash waqf and blockchain technology, exploring their synergies and potential in managing cash waqf initiatives. Through a detailed examination of challenges and opportunities, the paper establishes a robust research framework incorporating experience, knowledge, and blockchain to influence cash waqf sustainability. The proposed integration includes designing a blockchain architecture, implementing a blockchain-based cash waqf system and conducting security and privacy assessments for long-term viability. Research findings show blockchain's transformative impact, demonstrating its potential to enhance transparency, reduce fraud, increase accountability, and improve overall efficiency in managing and distributing cash waqf funds. For future work, continued exploration is needed to implement and assess the proposed blockchain integration in real-world cash waqf scenarios. The effectiveness of the system should be evaluated over an extended period, considering diverse community needs and regulatory contexts. In conclusion, conceptual research lays a foundation for a more sustainable future for cash waqf in redefining the landscape of charitable activities

The Influence of Environmental Accounting on a Financial Performance

Nur Afni Yunita, Muhammad Yusra, Rany Gesta Putri Rais, Dea Edrayani — Fri, 22 Nov 2024 00:00:00 +0000

This study aims to analyze the determination of environmental accounting with independent variables in the form of environmental performance, environmental costs, and the extent of CSR disclosure. The research sample consists of 31 companies in the basic and chemical industry subsectors for the period 2020-2022. The research method is quantitative, using panel data and purposive sampling to select research samples. The study showed that environmental cost variables affected financial performance, while environmental performance and CSR disclosure had no effect.

Implementing Triple Bottom Line Accounting to Transform MSME Sustainability

Nurliza Lubis, Ainul Yusra Harahap, Najihatul Faridy — Fri, 22 Nov 2024 00:00:00 +0000

This study examines the impact of the Triple Bottom Line (TBL) accounting concept on the financial performance of MSMEs in Langsa. Through quantitative analysis using regression and MANOVA, the research evaluates how TBL implementation affects net income, cost growth, and cost efficiency. Results show that TBL has a significant positive effect on net income with an R Square value of 46%, indicating that TBL explains nearly half of the variation in MSMEs' financial performance. While cost growth increases in the short term, consistent with the initial expenses of sustainable practices, TBL leads to cost efficiency improvements over time, with an R Square of 27.4%. MANOVA results confirm that TBL simultaneously affects all three financial variables significantly. The findings support the hypothesis that TBL implementation enhances both financial sustainability and long-term business success for MSMEs, balancing profitability, social responsibility, and environmental stewardship

Measuring the Operational Effectiveness of Village Unit Cooperatives (KUD) Berkat Lestari Plasma: in Financial Performance

Novian, Didi Muwardi, Shalsa Alya Gina — Fri, 22 Nov 2024 00:00:00 +0000

Cooperatives as business entities require appropriate performance measurements to determine their operational effectiveness. This causes cooperatives to need to analyze their financial reports in more detail. This research aims to (1) analyze the financial performance of KUD Berkat Lestari Plasma in 2017-2021 based on financial ratio analysis, (2) analyze the financial performance of KUD Berkat Lestari Plasma in 2017-2021 based on du Pont analysis. The research method used is a case study approach. The primary and secondary data are used. The research results show that the cooperative's financial performance is also relatively good in terms of financial ratios, and the du Pont analysis shows good results; ROI and ROE have reached the specified standard value. 21% in the very good category

Factors Affecting the Level of Understanding of Sharia Accounting among Accounting Students in Riau Province

Nisa Hidayati, Harkaneri — Fri, 22 Nov 2024 00:00:00 +0000

This study aims to test the hypothesis and produce evidence regarding the factors that influence the understanding of Islamic accounting among accounting and Islamic accounting students at universities in Riau Province. This study uses primary data from questionnaires distributed to accounting and Islamic accounting students at universities in Riau Province. The purposive sampling method was used in this study. The number of students who were sampled in this study was 354 students. The analysis method used to test the hypothesis was SPSS 25. The results of this study indicate that Emotional Intelligence, Teaching Style, and Learning Facilities have a significant positive effect on the understanding of Islamic accounting, but Secondary Education Background does not have a significant effect on the Understanding of Islamic Accounting.

Understanding, Sanctions, and Tax Awareness of Taxpayer Compliance with Information Systems as Moderation Variables

Aulia Seftiannoor, Saifhul Anuar Syahdan, Gemi Ruwanti, Soelistijono Boedi — Fri, 22 Nov 2024 00:00:00 +0000

This study aims to obtain empirical evidence of the influence of understanding, sanctions and tax awareness with information systems as moderating variables. The population in this study is café MSMEs registered with the Ministry of Cooperatives and SMEs as many as 61 businesses. The sampling technique used saturated sampling. The number of samples obtained was 32 respondents. The data analysis technique used is multiple linear regression. The results showed that tax awareness had a positive and significant effect on taxpayer compliance, while tax understanding and tax sanctions had no effect on taxpayer compliance. Information systems moderate the effect of tax understanding, tax sanctions and tax awareness on taxpayer compliance.

Application of Islamic Accounting Profit-Sharing System in Mudharabah Savings Program Based on Fairness

Arief rahman Arief, Lailatul Fitriyah, Syafii, Dien Ajeng Fauziah — Fri, 22 Nov 2024 00:00:00 +0000

This study examines the application of the Islamic accounting profit-sharing system in mudharabah savings programs, focusing on how fairness is ensured between depositors and financial institutions. Islamic finance operates on principles of justice, equity, and transparency, emphasizing profit-and-loss sharing instead of guaranteed returns. Using a qualitative case study approach, data were collected through interviews with bank managers, surveys of depositors, and analysis of financial disclosures from Islamic banks. Findings indicate that a predetermined profit-sharing ratio upholds fairness by setting clear expectations for both parties, while transparency in financial reporting enhances depositor trust. However, depositor perceptions of fairness are influenced by the clarity and accessibility of financial disclosures, underscoring the need for simplified reporting and educational support to improve understanding of mudharabah profit-sharing mechanisms. Practical implications include recommendations for Islamic banks to improve transparency, adopt standardized reporting practices, and establish educational initiatives. Limitations include a regional focus and reliance on qualitative data, with future research suggested to broaden the sample, utilize a mixed-methods approach, and explore comparative analyses with other Islamic finance products. This study contributes to the understanding of fairness in Islamic profit-sharing and provides actionable insights to strengthen depositor confidence in mudharabah savings programs