Universitas Muhammadiyah Sidoarjo
Login


Academia Open

 Submit manuscript
Section Business and Economics

ISAK 35 to Improve Accountability and Transparency in Nonprofit Organizations

ISAK 35 untuk Meningkatkan Akuntabilitas dan Transparansi Organisasi Nirlaba
Vol. 10 No. 2 (2025): December:
DOI : https://doi.org/10.21070/acopen.10.2025.11761
Published : Jul 30, 2025

Sabrina Adawiyah (1), Aqwa Naser Daulay (2), Muhammad Syahbudi (3)

(1) Universitas Islam Negeri Sumatera Utara, Indonesia
(2) Universitas Islam Negeri Sumatera Utara, Indonesia
(3) Universitas Islam Negeri Sumatera Utara, Indonesia
Fulltext View | Download

Abstract:

General Background: Non-profit organizations, including mosques, face increasing demands for transparent and accountable financial reporting. Specific Background: In Indonesia, ISAK 35 was introduced to enhance financial governance in religious institutions, replacing PSAK 45. Knowledge Gap: Despite growing adoption, few studies assess the practical impact of ISAK 35 on financial reporting quality across different mosque governance models. Aims: This study aims to analyze the application of ISAK 35 in two major mosques in Medan City—Al-Mashun Grand Mosque and the Medan Grand Mosque—and evaluate its role in improving accountability and transparency. Results: Findings reveal significant disparities: Medan Grand Mosque achieved 95% compliance, supported by structured systems and audits, while Al-Mashun scored 65%, with limited reporting practices. Novelty: The study is unique in comparing ISAK 35 implementation across distinct governance structures and linking technical compliance to Sharia ethical values and strategic governance. Implications: Results underscore the need for regulatory support, digital infrastructure, and ethical training to institutionalize ISAK 35. This study contributes to public sector accounting literature and offers practical pathways for professional, transparent mosque financial management in Indonesia.
Highlight :



  • The study assessed the implementation of ISAK 35 in two large mosques in Medan City.

  • The results showed differences in compliance levels that reflected the quality of governance.

  • ISAK 35 plays an important role in improving the accountability and transparency of mosque financial reports.


Keywords : ISAK 35, Accountability, Transparency, Financial Reports, Religious Non-Profit Organizations

Downloads

Download data is not yet available.

References

Senastri Khaula, Teori Akuntansi Dan Perkembangannya. 2023. [Online]. Available: https://accurate.id/akuntansi/pembahasan-lengkap-teori-akuntansi/

M. & W. E. Putra, Akuntansi Manajemen Suatu Pengantar. Jambi: Salim Media Indonesia, 2019.

Andri Soemitra, Bank dan lembaga keuangan syariah, Edisi kedi. Depok: Kencana, 2018.

R. N. Ichsan, M. Syahbudi, and V. F. H. Nst, “Development of Islamic Human Resource Management in The Digital Era For MSMEs and Cooperatives in Indonesia,” IQTISHODUNA J. Ekon. Islam, vol. 12, no. 2, pp. 497–512, 2023, doi: 10.54471/iqtishoduna.v12i2.2336.

M. Awalia, S. Siregar, and W. Syarvina, “Analisis Implementasi Isak 35 terhadap Laporan Keuangan Masjid Al-Ikhlas Desa Kota Datar,” J. Pendidik. Tambusai, vol. 7, no. 1, pp. 1583–1591, 2023.

A. Damayanti, Sugianto, and Atika, “Analysis Of Implementation Of Psak 112 Concerning Wakaf Accounting At Nazhir Center For Productive Waqf Development Mui, North Sumatra,” J. Manag. Econ. Account., vol. 2, no. 2, pp. 251–258, 2023, doi: 10.37676/jmea.v2i2.186.

K. Dewi and A. Amrizal, “Analysis of the Application of Waqf Accounting Standards (PSAK 112),” Proceeding Medan Int. …, vol. 1, no. January, pp. 675–694, 2023.

Abidin Alimuddin Sihotang, Mustafa Kamal Rokan, and Arnida Wahyuni Lubis, “Akuntabilitas Dan Pengelolaan Keuangan Di Masjid Melalui Pendekatan Fenomenologi,” J. Ris. Akunt., vol. 2, no. 2, pp. 56–70, 2024, doi: 10.54066/jura-itb.v2i2.1716.

N. Nawirah and M. C. Fikri, “Construction of Waqf Accounting Based on Psak 112,” J. Akunt. STIE Muhammadiyah Palopo, vol. 8, no. 1, p. 77, 2022, doi: 10.35906/jurakun.v8i1.992.

M. Saputri, “Transformasi Digital dalam Filantropi Islam: Optimalisasi Pengelolaan Zakat dan Wakaf Melalui Fintech Syariah,” SANTRI J. Ekon. dan Keuang. Islam, vol. 2, no. 6, pp. 305–314, 2024.

V. Yulianti, D. S. Wulandari, and Marina, “Accountability and Transparency as the Implementation of Financial Accounting Standards Interpretation (ISAK) 35 (Study on Non-Profit Entities),” East Asian J. Multidiscip. Res., vol. 2, no. 7, pp. 3151–3162, 2023, doi: 10.55927/eajmr.v2i7.5000.

W. N. Aliyyah and S. Andayani, “Analysis of ISAK 35 Implementation in Ruang Belajar Aqil Non-Profit Organizations Engaged in The Third Sector,” Int. Conf. Econ. Bus. Gov. Challenges 2024, vol. 7, no. 1, pp. 243–248, 2024.

L. Lomi Ga, Y. Febiani Angi, and S. G. Tefa, “Implementation Analysis Of Isak 35 In Financial Reporting Of The Gmit Church In Indonesia,” Eduvest - J. Univers. Stud., vol. 1, no. 12, pp. 1573–1578, 2021, doi: 10.59188/eduvest.v1i12.297.

Wardokhi, Abdullah Mubarok, and Ngatimin, “Implementasi Isak 35 Dalam Memenuhi Akuntabilitas Dan Transparansi Laporan Keuangan Entitas Nirlaba Studi Kasus Pada Yayasan Edu Syifa Lestari Bandung,” J. Akunt. Perpajak. Indones., vol. 2, no. 2, pp. 1–12, 2023, [Online]. Available: http://openjournal.unpam.ac.id/index.php/impementasi/index

D. P. Siregar, A. Soemitra, and J. Nasution, “Accountability and Financial Management of Mosques Based on ISAK 35 Concerning Financial Reporting of Non-Profit Organizations: Case Study at Al-Ikhlas Mosque,” J. Bus. Manag. Econ. Dev., vol. 1, no. 03, pp. 505–509, 2023, doi: 10.59653/jbmed.v1i03.212.

S. Dwi Krismontiyah, Yulinartati, and N. Martiana, “Analisis Penerapan Penyusunan Laporan Keuangan Masjid Baitul Makmur Situbondo Berdasarkan ISAK No.35,” J. Akunt. Terap. dan Bisnis, vol. 1, no. 2, pp. 124–133, 2021, doi: 10.25047/asersi.v1i2.2951.

A. Hamzah, Metode Penelitian Studi Kasus: Single Case, Instrumental Case, Multicase dan Multisite. Malang: Literasi Nusantara Abadi, 2020.

A. Suarni, I. Yulianti, and Nurlina, “Mosque Fund Management (Study Cases at Mosques in The District Herlang Regency Bulukumba, South Sulawesi Indonesia),” Ar-Ribh J. Ekon. Islam, vol. 06, no. 02, pp. 107–119, 2023, [Online]. Available: https://journal.unismuh.ac.id/index.php/ar-ribh

Y. Suryani and N. Siregar, Saparuddin, “Shariah Governance, Leverage, And Their Impact on Islamic Corporate Social Responsibility in Sharia Banking in Indonesia,” Int. J. Ihya’ ’Ulum al-Din, vol. 26, no. 1, pp. 143–155, 2024, doi: 10.21580/ihya.26.1.20482.

B. Ivanda Zulfi Lestari, S. Biduri, and W. Hariyanto, “Volume 1 Nomor 4 April 2024 ISAK NUMBER 35 : NON-PROFIT ORGANIZATION IN FINANCIAL REPORTING,” Corresp. Author Nurasik, vol. 1, no. 35, pp. 55–76, 2024, [Online]. Available: https://economic.silkroad-science.com/index.php/IJBLPS

L. S. Siti Fatimah Az-Zahra, Nurbaiti, “Penerapan Standar Akuntansi Pemerintahan Dan Pertanggungjawaban Keuangan Desa,” JRKA, vol. 9, no. 1, pp. 146–167, 2023.

M. C. Batubara and T. Anggraini, “Analisis Pengaruh Layanan Digital terhadap Minat Generasi Z dalam Menggunakan Produk Perbankan Syariah,” J. Masharif Al-Syariah J. Ekon. dan Perbank. Syariah, vol. 7, no. 2, pp. 706–725, 2022, [Online]. Available: http://journal.um-surabaya.ac.id/index.php/Mas/index

R. D. H. Budi Dharma, Emi Yani Teta Br Tarigan, “Analisis dampak pembangunan jalan alternative Langkat – Kabupaten Karo terhadap peningkatan daya Tarik tempat wisata dan kesejahteraan ekonomi komunitas local,” J. Ekon. dan Bisnis, vol. 13, no. 2, pp. 14–26, 2024.